Fxgiants Review Is It A Scam Or Legit Forex Broker ️

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Which is better forex or Bitcoin?

Crypto trading is inherently more volatile than forex trading. As a result, a higher margin is generally required (the more volatile the product is). Therefore, you typically see higher leveraged amounts available in forex trading than in crypto trading.

It is almost impossible to withdraw money here. They will come up with so many difficult requirements and terms. Almost impossible to withdraw profit here.

I am an experienced trader and I can really sense that something is wrong with their trading platform. As if data are not accurate and are just manipulated. Not a profitable broker service. Poor trading signals resulting in more losses than winning trades. Do not trade with them. Bad mannered customer service.

The broker charges an annual administrative fee of 50 USD and an additional 3% fee if deposits and withdrawals have taken place without any trading activity. FXGiants offers users the ability to access mobile trading on the go from the MetaTrader 4 mobile trading app for Android and iOS systems. Both app download links can be found in the Google PlayStore or Apple AppStore. Jitan is a currency trader and an accredited Market Technician with more than 15 years of experience working with fund managers and on several proprietary trading floors. He is regularly quoted in the financial media for his currency market insights and forecasts and is based in London.

I Started Using This Platform A Month

Established in 2015 in both the UK and Australia, FXGiants is a registered brand of Cyprus. In the United Kingdom, FXGiants is based in London and is a trade name of 8Safe UK Ltd, while FXGiants is a trade name of GVS Pty Limited in Australia. The two forex brokers were registered with financial regulatory bodies in their respective countries after becoming FXGiants in 2015 and 2016. The FXGiants customer support team can be reached in real-time by phone, email, live chat, or a return call option from the website. The services are available 24/5.

Is CFD a gambling trade?

The Australian Tax Office can regard speculation in CFDs as ‘gambling’, but in a situation that is more akin to horse racing or sports betting. In these situations it does not regard CFDs as being taxable, though, in reality it’s very difficult to prove that when you trade in a CFD you are merely gambling.

Choose something else and do not trade with this one. Slow withdrawals and bad customer service. These are the things I have encountered when I traded with this broker. Despite this, it aspires to be a trusted company, but FXGiants reviews have not been kind to it and have blamed the company in withdrawal layback and customer service problems. Get full access to our trading platforms and learn how trade risk-free. To facilitate the funding and withdrawal process, FXGiants has a proprietary interface to make the process easy, fast and secure.

Where Does Fxgiants Accept Traders From?

MT4, otherwise known as MetaTrader 4 is the world’s most trusted CFD trading platform and FX trading platform. It features advanced charting tools, live streaming news, real time activity reports, powerful functionality for placing orders, positions, exposure management and equity management. Additionally, multiple trading signals and EA’s are available with MetaTrader 4. This trading platform has been customized to FXGiant’s requirements, and traders will enjoy the personalized nature of this trading platform.

He just suck the innocent people money. Please make sure your comments are appropriate and that they do not promote services or products, political parties, campaign material or ballot propositions. Comments that contain abusive, vulgar, offensive, threatening or harassing language, or personal attacks of any kind will be deleted. Comments including inappropriate, irrelevant or promotional links will also be removed. Did you have a good experience with this broker? Tell our team and traders worldwide about your experience in our User Reviews tab.

Min Deposit

Their current lineup of products includes Indices, Commodities, Metals, Stocks, Cryptocurrencies, Energies and Forex. There’s very little reason to believe so. The broker’s minimum deposit is too high, their asset selection is too sparse, and their affiliation with other disreputable brokers is troubling. They keep their clients funds in segregated account of top tier banks. I am not happy with the customer service I have talked to, its as if they are not knowledgeable enough to assist. This happens several times.

Variety in account types, to suit every type of investor. Another interesting feature include a 100 percent “bonus maximizer” and a 20 percent bonus advantage on all deposits up to $2,000. Money is kept in a segregated account with top-tier banks and the broker follows strict policies and procedures, with all activities monitored and reviewed by external and internal auditors. This involves the trading of gold, silver, and other precious metals as hard commodities that are contract-based tradable.

Is FxPro a good broker?

FxPro is a well-capitalized, trustworthy broker that offers multiple platform options, multiple trade execution methods, and can cleanly execute large orders for professional traders.

FXGiants’ services include products that are traded on margin and carry a risk of losing all your initial deposits. Before deciding on trading on margin products you should consider your investment objectives, risk tolerance, and your level of experience on these products. On the live fixed spread account spreads start at 1.2 pips with no bitcoin bubble burst 2021 commission charged. On the live zero fixed spread accounts fixed spreads start from 0.0 pips and commission is charged as $ 9 per lot per side. This website includes information about cryptocurrencies, contracts for difference and other financial instruments, and about brokers, exchanges and other entities trading in such instruments.


It has competitive spreads, excellent conditions for scalping with low commissions, trading instruments are diverse, more than 240 pairs to choose from on the MT4 platform. You can also get bonuses when registering an account. Forex brokers often lure new traders with offers of deposit bonuses.

Is FXGiants a good broker?

FXGiants is regulated and authorized through FCA, ASIC and also registered in Bermuda. It offers a decent, well-regulated, and safe environment for traders to trade in. The broker offers trading of a wide range of trading instruments through the MetaTrader4 platform with an assortment of live account types and spreads.

If you would like to add details to this online FXGiants or you find inaccurate details FXGiants broker review please get in touch with us and the changes will be applied. FXGiants has demonstrated its reliability by being regulated in 2 different jurisdictions. In addition, they have provided their traders with a proven trading platform. To withdraw money from FXGiants’ trading account, the withdrawal can be channelled through the trader’s credit card, eWallet or by bank wire transfer. FXGiants makes its money by charging its traders a small commission and spread on the trades that they make. The spreads can either be in the form of fixed spreads or variable spread.

Best Forex Broker 2020

Market analysis and trading signals are not accurate. I have had a very bad experience with this broker. I am new to forex trading and I felt cheated by this broker.

  • The initial deposit asked by the scam brokers ranges from $100 to $500.
  • Trade alongside the industry giants you admire and diversify your portfolio efficiently.
  • In 2015, but they have been around for longer in Australia and the company behind the organization is a well-established veteran of the Forex brokerage industry.
  • I notice that all people with huge funds end up losing.
  • Do not deal with any of this broker to trade forex.

Read our full legal disclaimer. FX Giants is a fully regulated CFD broker which operates in 150+ countries and provides 200+ financial instruments to traders. The pros who created FX Giants have decades of experience in international finance, and include risk-management experts, market analysts and trading professionals. The company guarantees the integrity of client funds with segregated accounts. One should know that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.

Experience the utmost trading environment with the widest range of trading instruments. FX Giants are not included in our list of recommended brokers. Please be advised that certain products and/or multiplier levels may not be available for traders from EEA countries due to legal restrictions. All information on 55brokers.com is only published for general information purposes. We do not present any investment advice or guarantees for the accuracy and reliability of the information.

What is CFD Trading?

A contract for difference (CFD) allows traders to speculate on the future market movements of an underlying asset, without actually owning or taking physical delivery of the underlying asset. CFDs are available for a range of underlying assets, such as shares, commodities, and foreign exchange.

I have tried the services for a week now. I haven’t withdrawn yet though. This is a scam broker service, unregulated and fake.

Fxgiants At A Glance

I have lost so much on this, I regret trading with them. I can sense something is really wrong with this broker. I googled the market movements and I saw the difference in what my platform shows fxgiants review to google data. I am very unhappy with the services. Signals are inaccurate and most of the time go against market movements. They keep on calling asking for personal and financial information.

I found the way they structure their information and tools on the dashboard really easy for a beginner to get started. The mobile app is user friendly as well as the web-based platform. I wanted a tool I could invest some money without the need to check daily, it is working for me as a social trading app and a midterm long term investment strategy.

This means that any eligible person can simply sign up and begin trading with $35. Four account types are offered to accommodate these choices. Trading costs such as spreads and overnight funding rates vary depending on the entity, account type opened and instrument being traded and are covered further down this review. I am pleased with this trading service, they have friendly and enthusiastic customer service. Withdrawal is quick and signals are profitable.

Your email address will not be posted. Depositing funds into an FXGiants account is an easy and secure process. Funding can be done using a range of credit and debit cards, as well as by bank wire, neteller, fasapay, skrill, China Union, UnionPay and DotPay. Withdrawals can be made through exactly the same methods.

We also bring you the most comprehensive forex broker reviews. We have reviewed the top forex brokers on the market today and come up with a list of select few. All the brokers are regulated and offer competitive trading services on state of the art trading platforms. Have a look at our forex broker list. Multiple platforms are available to traders at FXGiants. These include MT4 for PC, MT4 for Mac, MT4 for iPhone & iPad devices, MT4 for Android smartphones and tablets and PMAM.