FXCG Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-12-16 14:52

Abstract：FXCG, founded in 2003, is a brokerage registered in Australia. The trading instruments it provides cover Forex, Bullion, CFDs. It is regulated by ASIC and CIMA.

FXCG Review Summary
Founded	2003
Registered Country/Region	Australia
Regulation	ASIC, CIMA
Market Instruments	Forex, Bullion, CFDs
Account Type	Blade/ECN Account, Saber/ECN Account, Classic/STP Account
Demo Account	✔
Leverage	Up to 1:1000
Spread	Start from 0.0 pips
Min Deposit	$10
Trading Platform	MT4
Payment Method	Visa/Master card, Wire transfer, China Union Pay, AsiaPay
Customer Support	Phone: +44 20 7097 4323Client Support Hours: Mon-Fri 00:00-24:00
	Email: info@fxcg.com
	Physical Address: No. 9 Cassius Webster Building, Grace Complex, PO Box 1330, The Valley, AI 2640, Anguilla
	WhatsApp: +61 424 513 018

FXCG Information

　　FXCG, founded in 2003, is a brokerage registered in Australia. The trading instruments it provides cover Forex, Bullion, CFDs. It is regulated by ASIC and CIMA.

Pros and Cons

Pros	Cons
Regulated	No MT5 supported
Wide range of trading instruments	No Islamic account
Generous leverage up to 1:1000	Limited customer services
MT4 supported	Uneasy deposit and withdrawal
Low min deposit
Demo account available
Low commissions

Is FXCG Legit?

　　FXCG is regulated by ASIC in Australia and CIMA in Cayman Islands.

Regulated Country	Regulated Authority	Regulated Entity	License Type	License Number	Current Status
Australia	ASIC	CAPSTONE GLOBAL AUSTRALIA PTY LTD	Investment Advisory License	494799	Regulated
Cayman Islands	CIMA	Capstone Global Markets Limited	Common Financial Service License	1587670	Exceeded

What Can I Trade on FXCG?

　　FXCG offers traders Forex, Bullion, CFDs to trade.

Tradable Instruments	Supported
Forex	✔
Bullion	✔
CFDs	✔
Metals	❌
Indices	❌
Futures	❌
Options	❌

Account Types

　　FXCG offers 3 different types of accounts to traders - Blade/ECN Account, Saber/ECN Account, Classic/STP Account. It also provides demo accounts.

Account Type	Blade/ECN Account	Saber/ECN Account	Classic/STP Account
Spreads	As low as 0.0 pips	As low as 0.0 pips	As low as 0.0 pips
Minimum Deposit	$10	$10	$10
Leverage	1000:1	1000:1	1000:1
Stop-out rate	Low to 50%	Low to 50%	Low to 50%
Commission(per lot per side)	$2	$4	$0

Trading Platform

　　FXCG's trading platform is MT4, which supports traders on PC, Mac, iPhone and Android.

Trading Platform	Supported	Available Devices
MT4 Margin WebTrader	✔	Web, Mobile
MT5	❌

Deposit and Withdrawal

　　The broker supports 4 types of deposit and withdrawal methods - Visa/Master card, Wire transfer, China Union Pay, AsiaPay. It charges no fees for deposits and withdrawals.