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FXGT.com: Everything Traders Need to Know About This Forex Broker

FXGT.com: Everything Traders Need to Know About This Forex Broker

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TrustFinance Research Team

Nov 12, 2024

5 min read

3.4K

FXGT.com: Everything Traders Need to Know About This Forex Broker

 

FXGT.com is emerging as one of the most popular online forex brokers in Thailand. Its standout features include a wide range of trading assets, Thai language support, and Thai customer service, making it particularly appealing to local traders. Notably, its diverse promotions and bonuses have been highlighted in the article FXGT.com Review: Promotions and Trading Bonuses by TrustFinance.

 

However, traders often have numerous questions about FXGT.com. This guide summarizes the 10 most frequently asked questions and their answers to help you decide whether FXGT.com is the right choice for you.

 

Most Frequently Asked Questions About FXGT.com: Top 10 Questions Answered

 

1. What Bonuses Does FXGT.com Offer?

 

• No-Deposit Bonus: $30

• Welcome Deposit Bonus: 50% up to $500

• Loyalty Bonus: 25% with no cap, up to $10,000

• Crypto Booster Bonus: 10%

 

2. Who Is Eligible for the No-Deposit Bonus?

 

The no-deposit bonus is available for users who register and open Mini, Standard+, or Crypto Max accounts. Users must complete registration and not deposit any funds within 30 days to qualify for the $30 bonus. This bonus will appear as credit in the Client Portal, and traders must meet the trading requirements to withdraw profits earned through this bonus. Note: Eligibility and terms may vary by region.

 

3. Can I Withdraw Profits Earned from the No-Deposit Bonus?

 

Yes, traders can withdraw profits after completing trades worth 2 GTLots. Additionally, KYC verification and account approval are required before withdrawal.

 

4. Who Can Receive the Welcome Deposit Bonus, and How?

 

The welcome bonus is available to users with trading accounts (excluding ECN and PRO accounts). The bonus is automatically applied upon making the first deposit into a live trading account. Specific terms and conditions may vary by region. Check FXGT.com for details.

 

5. How Do I Open an Account with FXGT.com?

 

1. Visit the “Trading Account Types” page to review account details and choose one that matches your trading style.

2. Click “Register.”

3. Open a demo account or a live trading account via the Client Portal. Note: Live accounts require KYC verification and security checks.

 

6. Is FXGT.com Safe?

 

FXGT.com is licensed and regulated by FSA, FSCA, and VFSC, ensuring robust security measures:

 

• Capital and Reserves: FXGT.com maintains a capital-to-risk ratio of 40%, significantly higher than regulatory requirements.

• Tier-1 Banks: The broker partners with Tier-1 banks to securely store client funds.

• Segregated Accounts: Client funds are held separately from company funds for added security.

 

7. Does FXGT.com Support Thai Language?

 

Yes, FXGT.com offers 24/7 customer support in multiple languages, including Thai, via:

 

• Email: [email protected]

• Live chat on their website.

 

8. Is FXGT.com a Good Broker?

 

FXGT.com has several advantages but also some limitations. Here’s a breakdown:

 

Advantages

 

• Thai language support on the website and app.

• Multiple account types to suit various trading styles.

• A wide range of trading assets, including NFT, DeFi tokens, CFDs, and synthetic cryptocurrencies.

• Crypto payment options supported.

• 24/7 customer service.

• Competitive commissions (limited to ECN accounts).

• Low minimum deposits.

• Generous promotions, including a $30 no-deposit bonus.

• VPS hosting service.

• Client fund insurance.

• Exclusive GTi12 Index trading only on FXGT.com.

 

Limitations

 

• Swap-free trading is only available for Islamic accounts.

 

9. Who Should Use FXGT.com?

 

• Optimus Account: Suitable for day traders with up to 1:5000 leverage, spreads starting at 8 pips, and no commission.

• PRO Account: Balanced conditions for all trader types with spreads starting at 5 pips, no commission, and up to 1:1000 leverage.

• ECN Zero Account: Ideal for short-term traders seeking the lowest spreads (0 pips) with low commissions and up to 1:1000 leverage.

• Standard+ Account: Perfect for general traders with no commissions, spreads starting at 10 pips, and up to 1:1000 leverage.

• Mini Account: Best for beginners, requiring only a $5 minimum deposit, spreads starting at 10 pips, and up to 1:1000 leverage.

 

10. How Long Does It Take to Withdraw Funds from FXGT.com?

 

Withdrawals typically take between 1 minute and 2 business days, depending on the chosen payment method. Delays may occur if additional information is requested. A confirmation email is sent upon withdrawal completion.

 

Conclusion

 

FXGT.com stands out as a reliable and diverse forex broker, making it an attractive option for traders seeking flexibility and innovation. However, traders should thoroughly review the broker’s terms and conditions before opening an account or investing. For more insights, check out additional user reviews on FXGT.com Reviews.

 

Written by

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TrustFinance Research Team

Official TrustFinance research and editorial team, sharing insights, analysis, and best practices to help financial companies and traders build transparency, credibility, and growth.

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