FXGT Review 2026
FXGT is a CFD and forex broker regulated in Cyprus and South Africa, though it holds no top tier license and Ukraine's regulator has warned about it.
Min Deposit
$50
Spreads From
0.0 pips
Max Leverage
1:1000
Platforms
2
Pros
- Holds a real license from South Africa's Financial Sector Conduct Authority
- ECN Zero account offers raw spreads from 0.0 pips with a clear commission
- Supports both MetaTrader 4 and MetaTrader 5 alongside its own app
- Negative balance protection applies across all FXGT account types
- Round the clock live chat support in several languages
- Client funds carry liability insurance cover up to 1,000,000 euros
Cons
- No license from a top tier regulator such as the FCA, ASIC, or NFA
- Ukraine's securities regulator listed FXGT as a questionable project in 2024
- Many independent reviewers report blocked withdrawals or wiped out profits
- The Cyprus CySEC license covers only professional clients, not EU retail
- Standard and Mini accounts carry wide spreads near 1.3 to 1.5 pips
- Full 1:5000 leverage on Optimus needs 5 GT Lots and 8 closed trades first
FXGT is a CFD broker that started trading in 2019 and says it has over 750,000 registered users. The FXGT brand is not one single company. Several linked firms in Seychelles, South Africa, Cyprus, Vanuatu, and Mauritius each hold a piece of the license.
FXGT holds a real license from South Africa's FSCA and a Cyprus CySEC license, though the Cyprus unit only serves professional clients, not EU retail traders. Its other licenses are offshore only. Spreads start from 0.0 pips on the ECN Zero account, while the beginner Standard and Mini accounts carry wider spreads near 1.3 to 1.5 pips. Trading runs on MetaTrader 4, MetaTrader 5, and FXGT's own app.
FXGT scores 4.2 out of 5 on Trustpilot from around 1,600 reviews, yet other review sites tell a rougher story. Traders often report blocked withdrawals or wiped out profits, citing a vague rule break or a demand for another deposit first. In February 2024, Ukraine's regulator NSSMC added FXGT to its list of questionable investment projects.
Min. Deposit
USD 0
Max Leverage
Up to 1:5000 on the Optimus account, tiered by equity
Spreads From
0.0 pips
Platforms
FXGT is a growing multi-asset broker founded in 2019 and regulated by FSA in Seychelles and FSC in Mauritius. The broker has built a strong following in Asia, particularly in Japan, Thailand, and the Philippines, where it markets itself as a technology-forward broker combining traditional forex with cryptocurrency trading.
FXGT offers 700+ instruments including forex pairs, commodities, indices, shares, and an unusually broad range of 100+ cryptocurrency CFDs including Bitcoin, Ethereum, and many altcoins. This crypto-heavy offering differentiates FXGT from traditional forex brokers and attracts a tech-savvy clientele.
The broker supports MetaTrader 4 and MetaTrader 5, with account types including Standard+, Pro+, ECN+, Crypto+, and Zero accounts. FXGT also offers Islamic (swap-free) versions of all account types, making it accessible to Muslim traders.
Standard+
ECN+
Crypto+
60+ currency pairs available for trading
Regulation, fund safety, track record
Spreads, execution, leverage
Platform quality, charting, features
Analysis, webinars, learning materials
Support quality, responsiveness
Mobile app quality, features
Regulators
Platforms
- FSA (Seychelles)
- FSC (Mauritius)
