FXGiants Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-12-26 16:41

Abstract：FXGiants is a broker. The tradable instruments include forex, metals, indices, commodities, stocks, and futures. The broker also provides six accounts with a maximum leverage of 1:1000. The minimum spread is from 0.0 pips. FXGiants is still risky due to its clone firm status, high leverage, and bad reviews about wiping out profits.

FXGiantsReview Summary
Founded	2009-09-07
Registered Country/Region	Bermuda
Regulation	clone firm
Market Instruments	Forex/Metals/Indices/Commodities/Stocks/Futures
Demo Account	/
Leverage	Up to 1:1000
Spread	From 0.0 pips
Trading Platform	MT4
Min Deposit	/
Customer Support	Phone: +44 (0) 207 523 5394
Customer Support	Email: support@fxgiants.com

FXGiants Information

　　FXGiants is a broker. The tradable instruments include forex, metals, indices, commodities, stocks, and futures. The broker also provides six accounts with a maximum leverage of 1:1000. The minimum spread is from 0.0 pips. FXGiants is still risky due to its clone firm status, high leverage, and bad reviews about wiping out profits.

Pros and Cons

Pros	Cons
MT4 available	Clone firm
24/5 customer support	Inaccessible official website
Various tradable instruments	High max leverage
Spread from 0.0 pips	Negative comments about wiping out profits

Is FXGiants Legit?

　　FXGiants is regulated by FCA with license number 585561, but it is a clone firm.

What Can I Trade on FXGiants?

　　FXGiants offers more than 300 market instruments, including forex, metals, indices, commodities, stocks, and futures.

Tradable Instruments	Supported
Forex	✔
Metals	✔
Indices	✔
Commodities	✔
Stocks	✔
Futures	✔
Shares	❌
ETFs	❌
Cryptocurrencies	❌
Bonds	❌
Mutual Funds	❌

Account Type

　　FXGiants has six account types: Live Floating Spread, Live Fixed Spread, Live Zero Fixed Spread, STP/ECN No Commission, STP/ECN No Commission, and STP/ECN Absolute Zero. Traders who want low spreads can choose Live Zero Fixed Spread and STP/ECN Zero Spread accounts, while those who want low leverage can open STP/ECN No Commission, STP/ECN Zero Spread, and STP/ECN Absolute Zero accounts.

Account Type	Live Floating Spread	Live Fixed Spread	Live Zero Fixed Spread	STP/ECN No Commission	STP/ECN Zero Spread	STP/ECN Absolute Zero
Spreads from	1.0 pips	1.3 pips	0.0 pips	1.7 pips	0.0 pips	0.2 pips
Commission	No	No	$9 per lot per side	No	$3.75 per lot per side	No
Leverage up to	1:1000	1:1000	1:500	1:200	1:200	1:200
Trade from	0.01 Lots	0.01 Lots	0.01 Lots	0.01 Lots	0.01 Lots	0.01 Lots
Bonuses	Available	Available	-	-	-	-

FXGiants Fees

　　The spread starts from 0.0 pipsand the commission is from 0. The lower the spread, the faster the liquidity.

Leverage

　　The maximum leverage is 1:1000 meaning that profits and losses are magnified 1000 times.

Trading Platform

　　FXGiants cooperates with the authoritative MT4 trading platform and provides PMAM and VPS Hosting services. Junior traders prefer MT4 over MT5. MT4 provides various trading strategies and implements EA systems.

Trading Platform	Supported	Suitable for
MT4	✔	Junior traders

Deposit and Withdrawal

　　FXGiants accepts Visa, Wire Transfers, etc. for deposit and withdrawal. However, the official website is inaccessible, so transfer processing times and associated fees are unknown.