FXBTG Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-12-17 16:44

Abstract：FXBTG, established in 2014 and registered in New Zealand, is a forex and CFD broker that offers trading in Forex, CFDs on indices, metals, cryptocurrencies, and Futures. The broker is regulated by ASIC. FXBTG provides trading services on the MetaTrader 4 platform and its own FXBTG App. However, it seems that its website cannot be reached currently.

　　Note: FXBTG's official website - https://www.asia-fxbtg.com/ is currently inaccessible normally.

FXBTG Review Summary
Founded	2014
Registered Country/Region	New Zealand
Regulation	ASIC
Market Instruments	Forex, CFDs on indices, metals, and cryptocurrencies, Futures
Demo Account	✅
Leverage	Up to 1:400
EUR/USD Spread	Average 9 (STD account)
Trading Platform	MT4, FXBTG App
MinDeposit	$500
Customer Support	Tel: +60 19 895 6086 (Global), +64 9 889 5809 (New Zealand)
	Email: cs@fxbtg-bank.com
	WeChat: fxbtg0001, fxbtg0909, fxbtgcs
	WhatsApp: +60 19 895 6086
	X, YouTube, Instagram, Linkedin, Facebook

　　FXBTG, established in 2014 and registered in New Zealand, is a forex and CFD broker that offers trading in Forex, CFDs on indices, metals,cryptocurrencies, and Futures. The broker is regulated by ASIC. FXBTG provides trading services on the MetaTrader 4 platform and its own FXBTG App. However, it seems that its website cannot be reached currently.

Pros and Cons

Pros	Cons
Regulated by ASIC	Non-functional website
A wide range of products	Limited info on trading fees
Demo accounts available	No popular payment options
Diverse account types
Flexible leverage ratios
MT4 platform

Is FXBTG Legit?

Regulated Country	Regulated Authority	Current Status	Regulated Entity	License Type	License Number
	The Australian Securities and Investments Commission (ASIC)	Regulated	FXBTG FINANCIAL PTY LTD	Appointed Representative (AR)	001304372

What Can I Trade on FXBTG?

　　On FXBTG, you can trade with Forex, CFDs on indices, metals, cryptocurrencies, and Futures.

Tradable Instruments	Supported
Forex	✔
CFDs	✔
Indices	✔
Metals	✔
Cryptocurrencies	✔
Futures	✔
Stocks	❌
Bonds	❌
Options	❌
ETFs	❌

Account Type

Account Type	Min Deposit	Liquidation Ratio	Single Transaction	Transaction Fee
MINI	500 USD	0.2	0.01 - 30	❌
STD	2 000 USD	0.3	0.01 - 30	❌
VIP	5 000 USD	0.5	0.1 - 30	❌

　　FXBTG also offers a PRO professional account, but the minimum deposit requirement is as high as 20 000 USD.

Leverage

　　The maximum leverage is up to 1:400. Though FXBTG offers flexible leverages, note that high leverage can amplify both profits and losses.

Account Type	MaxLeverage
MINI	1:100
STD	1:400
VIP	1:400

Spread

　　FXBTG claims to offer spreads as low as 0.1 pips, however, we didn't find any specific information about commission on their website.

Account Type	Avg EUR/USD Spread
MINI	11
STD	9
VIP	7

　　You can find more detailed info about spreads on other currency pairs in the screenshot below:

Trading Platform

Trading Platform	Supported	Available Devices	Suitable for
FXBTG App	✔	PC, mobile	/
MT4	✔	Windows, iOS, MAC, Android	Beginners
MT5	❌	/	Experienced traders