As the digital revolution dawned on us, a wave of new possibilities opened for all to explore. The financial sector also welcomed this revolution as people flocked to find new ways to invest their money and make the most of it.
Online brokerages were seen as a viable option for any investor hoping to get their feet wet, as these brokerages can cater to their needs and help them buy, trade, and sell various asset types.
However, choosing a top-notch online broker is a key decision when it comes to investing. Finding the brokerage platform that meets the user’s needs might be difficult with so many alternatives accessible that all provide free stock trading and no commissions on various asset transactions.
When making a decision, traders should compare simplicity of use, customer service, and additional features. FXGT is one such top-notch online broker that offers CFD trading on forex, stocks, indices, and commodities and strives to revolutionize the trader experience.
What is FXGT?
FXGT is an offshore broker that offers leveraged CFD trading on the MT4 and MT5 charting platforms. The platform lets users choose from a wide range of payment options in local currencies, including the world’s most popular systems, eWallets, and crypto-wallets.
The broker is regulated by the FSCA and the VFSC, and it provides international customers with segregated accounts and negative balance protection. FXGT offers the following asset classes:
Forex: Clients can enter the world’s most traded financial market and trade major, minor, and exotic currency pairs.
Cryptocurrencies: Users can get 24/7 access to popular crypto markets, plus they can get broad exposure on a single trade through the platform’s 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: Clients can trade the biggest energy markets, such as oil and gas, taking advantage of price fluctuation and volatility.
Equity Indices: Users can trade a basket of securities and discover how to diversify their investment portfolio.
Stocks: The platform enables 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 differentiates 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 provides traders with a wide selection of instruments, market research tools for educated insights, and bonuses to help them succeed in their trades.
Trust: With the proper licensing and regulation, FTGX ensures the safety of its clients by keeping the clients’ funds separate from theirs and accessible to the clients at all times.
The platform’s dynamic leverage model automatically adjusts the amount of leverage necessary in real-time based on the user’s trading positions. It is implemented differently based on volume tier, i.e., the kind 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 hazards that they are exposed to, especially when trading in greater quantities. It is regarded as a risk management tool since it protects a user’s account from excessive exposure.
Types of accounts offered
Mini: This account is ideal for new traders. Users can trade with micro lots to get started and enter the market with confidence by trading on a wide array of instruments across multiple asset classes.
ECN: This is for traders with raw spread. This account provides trading that reflects real market conditions, with raw spread available for all asset classes along with extremely competitive trading commissions.
Standard+: An account made for all types of traders. Traders can access the full basket of securities on offer and trade for hundreds of available instruments, with great promotion and reward.
Pro: High-level traders can make use of this account to enjoy the best trading conditions on offer which include zero commission and swap-free trading.
The platform offers unlimited rewards with our 25% Unlimited Loyalty Bonus!
Users can receive a 25% bonus on all direct deposits into their Mini and/or Standard+ account until they reach the bonus limit of $10,000.
Once they have exhausted the limit, the platform will reset it back to zero, so users can always trade with a rewarding bonus!
This feature enables traders can power up their trades with 24/7 access to high-speed servers and keep their EAs running offline!
Traders can enjoy uninterrupted trading on a safe and secure server. They can have open trades at lightning-fast speeds and minimize order execution latencies to near zero.
Users can now get access to the platform’s MetaTrader VPS, completely free of charge, and can apply for sponsorship with any account type.
For this, all the user has to do is maintain a minimal 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 lets users access pre-installed Expert Advisors (EAs) and technical indicators via the renowned MQL4 Language. Users can deploy 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 quick and efficient platform with ultra-fast order execution times on a 64-bit operating system.
MT5 enables access to a total of 38 built-in indicators, 22 analytical tools, and 46 graphical objects and helps experience enhanced trading strategy testing capabilities with simultaneous multi-currency backtesting.
Traders will benefit from a greater depth of market, while also unlocking 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 trader’s risk, and maximize their potential profits in the financial markets.
It helps the trader gather market information fast, analyze multiple markets effectively, and execute, monitor, and manage trading positions like a pro. The various tools offered are:
Analysis Trading Tools
Trend Strength: Trend Analysis and directional alignment across markets and timeframes.
RSI Extremes tool: Monitor RSI extreme level across markets and timeframes.
Dynamic EMA Channel: An effective Visual tool to assist traders in understanding general market trends.
Pivots: Traders use these levels as targets to capitalize on the market movement happening within certain fixed points.
Volatility Forecaster: It helps traders identify which hours of the day have shown clear statistical evidence of increased market activity.
Execution Trading Tools
One Click Close Tool: Close multiple selected positions simultaneously with one click.
Orders on Equity Tool: Users can set ‘take profit’ or ‘stop loss’ orders on account equity for all open trades.
Move Stop Tool: Automatically modify stop loss once the price reaches a pre-set level.
FX Basket Trading tool: Open multiple trading positions across a basket of currency pairs.
Utility Trading Tools
Percentage change tool: This tool lets traders view market performance across markets and timeframes.
Market Session: Traders can view previous and upcoming trading sessions and market hours.
Users can click on the ‘Request Tool’ and the platform executives will be in touch with them.
The Final Word
FXGT offers a dynamic platform with a unique combination of innovative features, including blockchain technology, AI integration, and a diverse range of trading markets. While regulatory considerations emphasize the necessity of due diligence, FXGT’s provision of multiple account types, financing choices, and quick execution proves its dedication to trader convenience.
Thus, the broker distinguishes itself by offering a diverse choice of CFD products with the option of trading with high leverage. Fees are either non-existent or little, and the spread is regarded as typical. Overall, the features offered by the platform are appropriate for all sorts of traders. and sign up with FXGT
To know more about the exchange please visit their official website and sign up with FXGT.
Disclaimer: This is a paid post and should not be treated as news/advice.