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FXGate-1871374695

WikiFX | 2024-10-22 14:06

Abstract:Founded in 2005, FXGate is a brokerage firm based in Malaysia and is regulated by LFSA. It offers more than 50 forex pairs, commodities, metals, and energies via the MT4 platform.

Note: FXGate's official website: https://www.fxgate.com/ is currently inaccessible normally.

FXGate Review Summary
Founded2005
Registered Country/RegionMalaysia
RegulationLFSA
Market Instruments50+ forex pairs, commodities, metals, and energies
Demo Account✅
LeverageUp to 1:100
Spread1.8 pips (Standard account)
Trading PlatformsMT4
Minimum Deposit$100
Customer SupportPhone: +852 +971 4 430 6868
Email: support@fxgate.com

Founded in 2005, FXGate is a brokerage firm based in Malaysia and is regulated by LFSA. It offers more than 50 forex pairs, commodities, metals, and energies via the MT4 platform.

FXGate

Pros and Cons

ProsCons
Regulated by LFSANon-functional website
Demo accounts availableLack of transparency
A wide range of products
Diverse account types
MT4 platform

Is FXGate Legit?

Regulatory StatusRegulated
Regulated byLFSA
Licensed InstitutionFXgate Ltd.
Licensed TypeStraight Through Processing (STP)
Licensed NumberMB/19/0031
Regulated by LFSA

What Can I Trade on FXGate?

FXGate offers more than 50 forex pairs, CFDs such as commodities, metals, and energies.

Tradable InstrumentsSupported
Forex✔
CFDs✔
Commodities✔
Indices❌
Cryptocurrencies❌
Shares❌
ETFs❌
Bonds❌
Mutual Funds❌

Account Type

FXGate offers Standard, Premium, and Platinum accounts.

Account TypeInitial DepositMax. LeverageAvg. Spread
Standard$1001:1001.8 pips
Premium$5 0001.6 pips
Platinum$25 0001.2 pips

Leverage

FXGate provides leverage up to 1:100. Note that leverage can amplify both profits and losses.

Trading Platform

FXGate offers MT4 for trading.

Related broker

No Regulation
FXGate
Company name:FXGATE Ltd
Score
1.57
5-10 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.57

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