As the digital revolution dawned on us, a wave of new possibilities opened up for everyone to explore. The financial industry also welcomed this revolution, as people flocked to find new ways to invest their money and make the most of it.
Online brokers were seen as a viable option for any investor hoping to get their feet wet as these brokers can cater to their needs and help them buy, trade and sell different types of assets.
However, choosing a top-notch online broker is an important decision when it comes to investing. Finding the brokerage platform that suits the user’s needs can be difficult as there are so many alternatives available, all offering free stock trading and no commissions on various asset transactions.
When making a decision, traders should compare the simplicity of use, customer service and additional features. FXGT is one such premium online broker that offers CFD trading on forex, stocks, indices and commodities and aims to revolutionize the trading experience.
What is FXGT?
FXGT is an offshore broker offering leveraged CFD trading on the MT4 and MT5 charting platforms. The platform allows users to choose from a wide range of local currency payment options, including the world’s most popular systems, eWallets and crypto wallets.
The broker is regulated by the FSCA and the VFSC and offers international customers segregated accounts and negative balance protection. FXGT offers the following asset classes:
Forex: Customers can enter the most traded financial market in the world and trade major, minor and exotic currency pairs.
Cryptocurrencies: Users can access popular ones 24/7 cryptocurrency markets, and they can gain broad exposure on a single trade through the platform GTi12 index.
Synthetic cryptos: The platform offers the best of both worlds and explores how cryptocurrencies interact with traditional markets.
Precious metals: Traders can diversify their portfolios by trading the most popular precious metals, including silver and gold.
Energies: Customers can trade the largest energy markets, such as oil and gas, and benefit from price swings and volatility.
Stock indices: Users can trade a basket of securities and discover how to diversify their investment portfolio.
Shares: The platform allows users to trade the stock market and invest in the world’s largest and most popular companies.
DeFi tokens: Traders can diversify their investments by trading the most popular DeFi coins on the market.
NFTs: The platform offers NFT assets that are 100% unique.
The platform distinguishes itself from the competition by upholding 3 core values:
Choice: With so many accounts to choose from, traders are sure to find one that suits their trading needs and style.
Access: A diverse market means more opportunities. FTGX offers traders a wide choice of instruments, market research tools for informed insights and bonuses to help them succeed in their trades.
To trust: With proper licensing and regulation, FTGX ensures the safety of its clients by keeping client funds separate from theirs and accessible to clients at all times.
Dynamic leverage
The platform’s dynamic leverage model automatically adjusts the amount of leverage needed in real time based on the user’s trading positions. It is implemented differently based on the volume level, that is, the type of instrument and the risk profile associated with each asset class.
Dynamic leverage is used to balance risk appetite by allowing users to maximize their trading potential while taking into account the market dangers they are exposed to, especially when trading in larger quantities. It is considered a risk management tool as it protects a user’s account from overexposure.
Types of accounts offered
Mini: This account is ideal for new traders. Users can trade with microlots to get started and enter the market with confidence by trading a wide range of instruments across multiple asset classes.
ECN: This is for rough spread traders. This account offers trading that reflects real market conditions, with a raw spread available across all asset classes, along with highly competitive trading commissions.
Standard+: An account created for all types of traders. Traders have access to the full basket of securities on offer and can trade on hundreds of available instruments, with great promotions and rewards.
Pro: High-level traders can use this account to take advantage of the best trading conditions on offer, including zero commission and exchange-free trading.
Loyalty bonus
The platform offers unlimited rewards with our 25% Unlimited Loyalty Bonus!
Users can receive a 25% bonus on all direct deposits to their Mini and/or Standard+ account until they bonus limit of $10,000.
Once they reach the limit, the platform will reset it to zero so users can do that always trade with a rewarding bonus!
VPS hosting
This feature allows traders to power their trades with 24/7 access to high-speed servers and run their EAs offline!
Traders can trade uninterruptedly on a secure server. They can execute open trades at lightning speed and reduce order execution latency to near zero.
Users can now access the platform’s MetaTrader VPS completely free and can apply for sponsorship with any account type.
For this, the user only needs to maintain a minimum initial account equity of €3000 and have a minimum monthly trading volume of 5 GTLots. FXGT has its way of quantifying trading volume across all instruments and asset classes, known as a GTLot. One GTLot is equal to $100,000 in trading volume.
Trading platform offered
MetaTrader 4: This trading platform offers a user-friendly, efficient and versatile platform with a wide range of easily customizable features.
MT4 gives users access to pre-installed Expert Advisors (EAs) and technical indicators via the renowned MQL4 language. Users can employ risk management techniques and trade both long and short positions on the same instrument.
Traders will benefit from a total of 9 available chart timeframes to work with, ranging from 1 minute to 1 month.
MetaTrader 5: This offers a fast and efficient platform with ultra-fast order execution times on a 64-bit operating system.
MT5 provides access to a total of 38 built-in indicators, 22 analytical tools and 46 graphical objects and helps you experience enhanced testing capabilities for trading strategies with simultaneous backtesting in multiple currencies.
Traders will benefit from greater market depth, while also being able to unlock up to 21 available chart timeframes.
MT5 trading toolkit
The MT5 Advanced Trader Toolkit is a suite of tools designed to optimize trading strategies, manage traders’ risks and maximize their potential profits in the financial markets.
It helps the trader to quickly gather market information, analyze multiple markets effectively and execute, monitor and manage trading positions like a pro. The different tools offered are:
Analysis trading tools
Trend strength: Trend analysis and direction alignment between markets and time frames.
RSI Extremes tool: Monitor the extreme RSI level across markets and time frames.
Dynamic EMA channel: An effective visual aid to help traders understand general market trends.
Pivot points: Traders use these levels as targets to profit from the market movement that occurs within certain fixed points.
Volatility forecaster: It helps traders identify which hours of the day show clear statistical evidence of increased market activity.
Execution of trading instruments
One-click closing tool: Close multiple selected positions simultaneously with one click.
Orders on the equity instrument: Users can set take profit or stop loss orders on equity for all open trades.
To move a stop tool: Automatically change the stop loss once the price reaches a preset level.
FX Basket Trading tool: Open multiple trading positions in a basket of currency pairs.
Utility trading instruments
Percent change tool: This tool allows traders to view market performance across different markets and time frames.
Market session: Traders can view past and upcoming trading sessions and market hours.
Users can click on the ‘Request Tool’ and the platform executives will contact them.
The last word
FXGT offers a dynamic platform with a unique combination of innovative features including blockchain technology, AI integration and a wide range of trading markets. While regulatory considerations emphasize the need for due diligence, FXGT’s offering of multiple account types, financing choices and fast execution proves its commitment to trader convenience.
The broker distinguishes itself by offering a varied choice of CFD products with the option of trading with high leverage. Costs are non-existent or few, and the spread is considered typical. Overall, the features the platform offers are suitable for all types of traders. and sign up for FXGT
For more information about the exchange, please visit them official website And sign up for FXGT.
Disclaimer: This is a paid post and should not be treated as news/advice.