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FXGiants Broker Review 2024

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FXGiants Broker Review 2024
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Investing and trading in financial markets such as the stock exchange, forex, digital currencies in the form of spot or with leverage face a high inherent risk. According to the statistics of all exchanges and brokers, more than 75% of people lose!

Overview
Company:FXGiants
Founded:Bermuda
Min Deposit:100
Max Leverage:1000
Headquarter: London, London
US Accepted:
About
FXGiants is a global broker offering flexible trading options across Forex, Metals, Indices, Commodities, Stocks, and Futures markets with maximum leverage up to 1:1000. Clients can trade on the MT4 platform with spreads starting from 0.0 and commissions as low as $0, providing cost-effective trading conditions.
Contact
Ground Floor, Swan Building 26 Victoria Street, Hamilton HM 12 Bermuda
Rank and Score
Pros and Cons
Account Types
Platforms
Pros
Low Spreads
High leverage
Multiple account types
Cons
Limited regulatory oversight
Limited Trading platforms
Some high commission rates

FXGiants broker (founded in 2015) has emerged as a notable player in the forex and CFD trading space, offering traders access to multiple financial instruments with competitive conditions (Spreads and commissions from 0). But is it exactly the right broker for your trading? In this comprehensive FXGiants review, we'll explore everything that the company offers, from its trading platforms to account types, helping you have a better idea of FXGiants broker.

FXGiants Review
Discover FXGiants’ account types and competitive commission and spreads

Company Information & Regulation Status

FXGiants positions itself as a customer-centric trading provider, offering access to over 300 financial instruments across multiple asset classes. While the broker operates globally, serving clients from more than 150 countries, it's important to note that it maintains a relatively low regulatory profile. Here are the key points about FXGiants:

  • Founded: Operating since the early 2015;
  • Regulated by: BMA (Bermuda);
  • Available Languages: Multiple, including English, Chinese, Malay, Spanish, Vietnamese, Indonesian, and Portuguese;
  • Customer Support: 24/5 multilingual support.

Summary of Specifics of FXGiants

Let's break down the essential features that make FXGiants stand out in the forex trading landscape:

Broker

FXGiants

Account Types

Live Floating Spread, Live Fixed Spread, Live Zero Fixed Spread, STP/ECN No Commission, STP/ECN Zero Spread, STP/ECN Absolute Zero, Demo

Regulating Authorities

BMA (Bermuda)

Based Currencies

USD, GBP, EUR and JPY

Minimum Deposit

$100

Deposit/Withdrawal Methods

Visa Card, Wire Transfer, Crypto, BitWallet, Union Pay, Skrill, Neteller

Minimum Order

0.01

Maximum Leverage

1:1000

Investment Options

YES

Trading Platforms & Apps

MT4

Markets

Forex, Metals, Indices, Commodities, Stock, Futures

Spread

From 0.0

Commission

From $0

Orders Execution

Instant, Market

Margin Call/Stop Out

80%/20%

Trading Features

VPS Hosting, Copy Trade

Affiliate Program

YES

Bonus & Promotions

YES

Islamic Account

YES

PAMM Account

PMAM

Customer Support Ways

Live Chat, Contact Form

Customer Support Hours

24/5

FXGiants Types of Accounts

Trading at FX Giants has become more flexible due to its diverse account options. Here's what you can expect:

Account

Minimum Trade Lot

Leverage

Live Floating Spread

0.01

1:1000

Live Fixed Spread

0.01

1:1000

Live Zero Fixed Spread

0.01

1:500

STP/ECN

No Commission

0.01

1:200

STP/ECN

Zero Spread

0.01

1:200

STP/ECN Absolute Zero

0.01

1:200

Demo

0.01

N/A

The minimum deposit to start your trading journey with FXGiants is $100.

FXGiants’ Account Types 
FXGiants offer 6 different account types for traders from all levels

FXGiants Broker Signing Up & Verification process

Getting started with FX Giants is straightforward. Here's your step-by-step guide:

  1. Visit the official FXGiants website;
  2. Click "Open Account";
  3. Fill in basic personal information, including Mobile Number, Email, and country;
  4. Set a unique password;
  5. Agree to the terms and conditions;
  6. Click on “Verify Profile”;
  7. Fill in the identity information;
  8. Complete Economic & Financial profile;
  9. Verify your identity by submitting the necessary documents;
  10. Proof your address as required.

Pro Tip: Prepare your documents before starting the registration process to speed things up!

Trading Platforms to trade with

FXGiants provides the industry-standard MetaTrader 4 platform across multiple devices:

  1. MT4 Desktop;
  2. MT4 WebTrader;
  3. MT4 Mobile.

Despite the oldness of the platform, it has the following key features:

  • Advanced charting tools;
  • 30+ built-in indicators;
  • Automated trading capability;
  • Custom indicator support.

Spreads and Commission Structure

FXGiants offers competitive pricing structures across different account types:

Account

Spread (Pips)

Commission (Per lot)

Live Floating Spread

1.0

No

Live Fixed Spread

1.2

No

Live Zero Fixed Spread

0.0

$9

STP/ECN No Commission

1.7

No

STP/ECN Zero Spread

0.0

$3.75

STP/ECN Absolute Zero

0.2

N0

These diverse options allow traders to pick the best one that fits their trading style.

Deposit & Withdrawal Methods and Fees

The broker provides various payment methods to suit different needs:

Deposit Withdrawal Methods

Available Currencies

Visa Card

JPY, EUR, USD, GBP, CHF

Wire Transfer

EUR, USD, GBP, CZK, PLN, JPY, CHF

Crypto

BTC

BitWallet

JPY, USD

Union Pay

CNY

Skrill

EUR, USD, GBP

Neteller

EUR, USD, GBP

Note: Withdrawal requests are typically processed within 24 hours, but actual receipt time depends on the payment method.

funding methods on FXGiants
FXGiants accepts various deposit methods, including Crypto and E-Wallets

Copy Trading & Investment Options

FXGiants offers robust copy trading solutions:

  • Copy successful traders;
  • Customize risk settings;
  • Real-time performance tracking;
  • Multiple strategy options.

It is notable that the broker offers an attractive PMAM account for those self-confident fund managers.

Bonus offerings and Promotions

The broker offers several attractive bonus and promotional programs:

  • Bonus Maximiser: 100% bonus for all deposits with no limitation;
  • Booster Bonus: all deposits up to $4,000 will result in a 40% bonus;
  • Bonus Advantage: 60% bonus on all deposits up to $5,000.

The broker also offers an attractive IB Program:

  • Earn up to $1,000;
  • attract at least 3 new clients;
  • Receive your commissions automatically.

FXGiants’ Support Team and Hours

Customer service is available 24/5 through two channels:

  • Contact Form;
  • Live Chat.

Support Features:

  • Multilingual team;
  • Technical assistance;
  • Account management help;
  • Trading guidance.

FXGiants Broker Trust Scores & Reviews

The broker has a profile on the Trustpilot website, but its ratings have been removed because of the violation of the website’s policy for a number of comments being fake. Ratings are usually compiled from various user reviews and industry sources but cannot be the whole picture.

Conclusion and Final Words

After thorough analysis, FXGiants (founded in 2015) emerged as a broker with strong points and areas for improvement. The platform stands out for its competitive trading conditions, diverse account types (6 main accounts), and reliable MT4 platform integration. While the lack of strict regulation might concern some traders, the FXGiants broker compensates with excellent customer support and attractive bonus programs. Write your opinion about the FXGiants review in the comments.

FAQs

What is the minimum deposit at FXGiants?

The minimum deposit is $100 across most account types.

Does FXGiants offer Islamic accounts?

Yes, swap-free Islamic accounts are available upon request.

Can I use MT5 with FXGiants?

No, currently, only the MT4 platform is supported.

Are there any deposit fees?

FXGiants doesn't charge deposit fees, though payment providers might apply their fees.

How long do withdrawals take?

Most withdrawals are processed within 24 hours, but the final receipt depends on the payment method.

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