FXGT is a hybrid exchange that started service in December 2019, and the biggest merit is that you can trade abundant stocks such as virtual currencies. It supports 48 foreign exchange, 2 precious metals, 3 energy, 53 stocks, and 30 virtual currencies. It is very easy to use where you can use several types of virtual currencies not only for transactions but also for deposit and withdrawal currencies and account currencies. Although it is an emerging Forex company, it can be said that it is a company that can be recommended to traders because it is very fulfilling.
Account type
FXGT is divided into several accounts according to each trader’s preference. You can choose your favorite type. The differences are summarized in a table.
item | Cent | Mini | Standard | FX | ECN |
Transaction form | NDD STP | NDD STP | NDD STP | NDD STP | NDD ECN |
Brands handled | Foreign exchange | Foreign exchange Precious metals energy Stock index Cryptocurrency Synthetic | Foreign exchange Precious metals energy stock Stock index Cryptocurrency Synthetic | Foreign exchange Precious metals energy stock Stock index | Foreign exchange Precious metals energy stock Stock index Cryptocurrency Synthetic |
Transaction fees | free | free | free | free | 5 dollar |
Spread | 2.0pips | 1.8pips | 1.6pips | 1.6pips | 0.3pips |
Lot unit | 1000 | 10000 | 100000 | 100000 | 100000 |
Maximum trading volume | 4000 | 500 | 200 | 200 | 200 |
Maximum number of positions | 50 | 50 | 100 | 100 | 100 |
Margin call | 50 | 50 | 50 | 50 | 70 |
Stop-loss | 20 | 20 | 20 | 20 | 40 |
Account currency | USD EUR | JPY USD EUR BTC ETH XRP USDT | JPY USD EUR BTC ETH XRP USDT | JPY USD EUR BTC ETH XRP USDT | JPY USD EUR BTC ETH XRP USDT |
Minimum deposit | 500yen | 500yen | 500yen | 500yen | 25000yen |
Minimum trading volume | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
Currency pair
FXGT supports the following currency pairs.
Currency pair | Average spread (pips) |
AUD/USD | 1.8 |
EUR/CHF | 2.5 |
EUR/GBP | 1.9 |
EUR/USD | 1.6 |
GBP/USD | 2.2 |
NZD/USD | 2.7 |
USD/CAD | 2.3 |
USD/CHF | 2.2 |
USD/JPY | 1.6 |
AUD/JPY | 3.0 |
CAD/JPY | 3.0 |
CHF/JPY | 2.9 |
EUR/JPY | 2.2 |
GBP/JPY | 3.5 |
NZD/JPY | 3.0 |
TRY/JPY | 1.7 |
AUD/CAD | 2.8 |
AUD/CHF | 2.9 |
AUD/NZD | 3.6 |
CAD/CHF | 3.3 |
EUR/AUD | 3.2 |
EUR/CAD | 3.3 |
EUR/DKK | 27.0 |
EUR/HUF | 35.9 |
EUR/NOK | 65.0 |
EUR/NZD | 4.5 |
EUR/PLN | 50.0 |
EUR/SEK | 53.0 |
EUR/TRY | 75.5 |
GBP/AUD | 4.0 |
GBP/CAD | 5.3 |
GBP/CHF | 4.0 |
GBP/NZD | 6.2 |
NZD/CAD | 4.0 |
NZD/CHF | 3.8 |
USD/CNH | 35.0 |
USD/CZK | 16.5 |
USD/DKK | 38.8 |
USD/HKD | 28.0 |
USD/HUF | 25.0 |
USD/NOK | 56.0 |
USD/PLN | 36.0 |
USD/RUB | 42.0 |
USD/SEK | 50.0 |
USD/SGD | 21.0 |
USD/TRY | 74.0 |
USD/ZAR | 130.0 |
Other companies are good for scalping trade
If scalping trade is the main thing, Tradeview and Axiory are better. Because the spread is very narrow. For those who aim for shorts with trend-following strategies and day trading, FXGT will be fine.
Automatic trading is at your own risk
FXGT can also be bought and sold automatically. You can use it, but if there is a one-sided trend, the unrealized loss will be large and all the principal will often fly away. Although it is your responsibility to invest in general, please be aware that EA trades can fail in one trend even if the winning percentage exceeds 90%.
Low risk, low return for beginners
Beginners should not be familiar with Forex yet, so start trading with a small number of lots. If you have one position and one lot, you will not suddenly go bankrupt. Let’s start low risk and low return.
コメント
[…] Global Forex Company FXGT Currency PairFXGT is a hybrid exchange that started service in December 20… […]