FXGiants review
FXGiants is a Multi-Assets Trading Platform with over 300+ Assets
FXGiants is a multi asset platform with 300+ tradable Assets. Assets available on FXGiants include Forex trading, CFD trading, Spread Betting, Share Dealing.
FXGiants trades in multiple financial asset types. A financial asset is any security or asset that has financial value attached, tangible or intangible. This means that Forex trading, CFD trading, Spread Betting, Share Dealing are considered financial assets.
Features of FXGiants
- Virtual Portfolio, or what is commonly known as a Demo Account
- FXGiants offers Advanced Financial Chart comparison tools
- FXGiants offers Research-backed analysis on financial markets and investments from top analysts
- The FXGiants platform is available to use on multiple devices including Apple Mac computers, and online through a Web Browser.
- FXGiants offers a trading platform with tools for both New Traders and Seasoned Experts
- FXGiants users benefit from using the FXGiants platform in over 15 different languages
FXGiants review
What you should know
FXGiants offer four ways to trade: Forex trading, CFD trading, Spread Betting, Share Dealing. The assets and products available to you on the FXGiants trading platform depends on the region of the world, you are in and the FXGiants entity you have an account.
With FXGiants you will need a minimum deposit of $100. You can sign up for a demo account to acquaint yourself with FXGiants platform.
FXGiants are able to accommodate various levels of traders whether you are experienced or a beginner.
Are FXGiants safe?
When considering FXGiants for your trading activities, its financial regulatory status in your region is crucial. One of the primary considerations when evaluating a broker, such as FXGiants, is to assess the broker's regulatory status and administrative body. Brokers operating without supervision from a regulatory authority are free to make their own rules, which may pose a risk to investors. Any capital you invest is at risk.
Established in 2008, and in operation for 16 years FXGiants have a head office in United Kingdom.
FXGiants is regulated. This means FXGiants are supervised by and is checked for conduct by the FCA (Financial Conduct Authority) (585561) regulatory bodies.
FXGiants withdrawal requests will be honoured. Brokers that operate under the supervision of regulatory authorities like FXGiants are subject to strict guidelines that prohibit them from manipulating market prices to their advantage. Regulatory oversight ensures brokers operate with integrity, fairness, and transparency, safeguarding investors' deposits. FXGiants are held accountable for their actions and may face severe consequences if they violate any financial regulations. If you are a client of FXGiants and wish to withdraw funds from your account, you can rest assured that your request will be processed promptly. FXGiants has a reputation for efficient and reliable fund transfers, and adhere to the rules of the financial regulators they are regulated with. When you submit a withdrawal request, FXGiants will verify your account details and process the payment within the stipulated timeframe, usually within a few business days. By partnering with a trustworthy broker like FXGiants, you can enjoy peace of mind and focus on your trading activities. If FXGiants violate any regulatory rules their regulated status could be stripped.
Your capital is at risk
Is my money safe with FXGiants?
All payments made to FXGiants by traders are securely held in a segregated bank account.
FXGiants uses Tier 1 banks for increased security. These banks are deemed the most reliable for client capital due to their strong core capital reserves and ability to withstand losses.
What are Tier 1 banks and why should FXGiants use them?
FXGiants partnering with Tier 1 banks offers reliability, efficient payment processing, reduced counterparty risks, and better protection for client funds. These banks are the most financially stable and secure institutions globally, with robust financial strength and high-quality risk management practices. They hold substantial core capital reserves, making them capable of handling unexpected losses and market volatility without endangering their FXGiants clients' funds.
FXGiants clients can have greater confidence in their financial security when working with a Tier 1 bank because FXGiants are subject to strict regulatory oversight and must adhere to stringent guidelines to maintain its Tier 1 status.
What does it mean to have your funds in FXGiants deposited in a Tier 1 bank?
Depositing funds with FXGiants ensures that your money is held in a secure bank account with sufficient capital to meet your withdrawal requirements, even if FXGiants were to go out of business unexpectedly.
Based on the information presented, it is safe to conclude that FXGiants is a secure and safe platform.
Please be aware that trading in financial assets with FXGiants carries a risk of loss. FXGiants trading risk can occur due to inadequate market research, lack of experience, or failure to use the platform tools. It is common to experience rapid losses when trading financial investments like Forex trading, CFD trading, Spread Betting, Share Dealing due to market volatility. Therefore, you should only risk trading when you understand that your capital is at risk at any time.
FXGiants emphasizes this risk on its platform and provides clear risk warnings - Your capital is at risk. After answering some important questions about FXGiants, let's closely examine its features.
To better understand the FXGiants trading platform, you can create two separate accounts - one with real money and the other a FXGiants demo account. A FXGiants demo account provides a risk-free environment for experimenting with the FXGiants platform's features and trading strategies before risking your actual funds. This approach can help you gain experience and confidence in FXGiants trading decisions.
Open a demo account Visit FXGiants
Full disclosure: We may receive a commission if you sign up with a broker using one of our links.
How FXGiants as a Company Compare Against Other Brokers
Broker | fxgiants | IC Markets | Roboforex | eToro |
---|---|---|---|---|
Year Established | 2008 | 2007 | 2009 | 2007 |
Head Office | United Kingdom | Australia | Belize | Cyprus, UK |
Regulation | FCA (Financial Conduct Authority) (585561) | Seychelles Financial Services Authority (FSA) (SD018) | RoboForex Ltd is regulated by the FSC, license 000138/437, reg. number 128.572. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund | FCA (Financial Conduct Authority) eToro (UK) Ltd (FCA reference 583263), eToro (Europe) Ltd CySEC (Cyprus Securities Exchange Commission), ASIC (Australian Securities and Investments Commission) eToro AUS Capital Limited ASIC license 491139, CySec (Cyprus Securities and Exchange Commission under the license 109/10), FSAS (Financial Services Authority Seychelles) eToro (Seychelles) Ltd license SD076 |
Used By | 10,000+ FXGiants users | 200,000+ IC Markets users | 730,000+ Roboforex users | 35,000,000+ eToro users |
Negative balance protection | Yes | Yes | Yes | Yes |
Guaranteed Stop Loss | No | No | No | No |
Learn More | Visit FXGiants | Visit IC Markets | Visit Roboforex | Visit eToro |
Risk Warning | Your capital is at risk | Losses can exceed deposits | Losses can exceed deposits | 51% of retail investor accounts lose money when trading CFDs with this provider. |
FXGiants review
FXGiants Pros and Cons
FXGiants review
FXGiants Regulation and Licensing in more detail
FXGiants is regulated by trusted organizations, providing recourse for any issues. Regulatory bodies protect traders through reimbursement schemes in case of FXGiants going into insolvency. FXGiants compliance with rules and criteria set by regulatory authorities is mandatory for brokerage firms like FXGiants to maintain licenses and operate in certain jurisdictions. Financial regulation and licensing are crucial for creating a secure trading environment for FXGiants traders.
- FCA (Financial Conduct Authority) (585561)
FXGiants is regulated, governed and supervised by reputable financial regulatory bodies. Regulatory bodies monitor the brokers' behaviour, and they will take necessary action if things go wrong. Before trading online with a broker like FXGiants you should be sure they're legitimate online agent.
Is FXGiants Global?
Yes, FXGiants is global as FXGiants is available in over 194 countries.
FXGiants is a global trading platform in the sense that it operates in 194 countries including nations in Africa, Asia, Oceania, and Europe. Major countries FXGiants covers include the UK, Germany, South Africa, Thailand, China and Australia. FXGiants has a total of more than 10,000 users.
FXGiants review
FXGiants Fees Explained
- FXGiants doesn't charge withdrawal fees.
- FXGiants does charge a fee for inactive accounts.
- FXGiants doesn't charge deposit fees. A currency conversion fee may be applied as withdrawals and deposits from FXGiants are conducted in USD. Any other currency will have to be converted to your local currency by your 3rd party payment provider.
FXGiants Costs To Check
Modern brokers like FXGiants provide advanced online trading platforms, mobile apps, financial analysis tools and educational resources. These services require significant investment, and in turn, FXGiants may charge clients various fees for trading activities. Be mindful of these charges, impacting your overall FXGiants trading profitability.
How FXGiants Fees Compare Against Other Brokers
Broker | fxgiants | IC Markets | Roboforex | eToro |
---|---|---|---|---|
Min Deposit | 100 | 200 | 10 | 50 |
Withdrawal Fees | No | No | No | Yes |
Inactivity Fees | Yes | No | No | Yes |
Deposit Fees | No | No | No | No |
CFD Commission Fees | Yes | No | Yes |
FXGiants Minimum Deposit
FXGiants requires a minimum deposit of 100 GBP/USD/EUR when opening an FXGiants trading account.
A minimum deposit is the minimum amount of money required by FXGiants to open a new online brokerage account with them.
Don't be scared off by brokers like FXGiants charging a minimum deposit to open a trading account. Brokers charging higher minimum deposits may offer additional premium services on their platforms that are not free on other platforms.
In the trading world, brokers like FXGiants, have different minimum deposit requirements based on the target audience they are trying to attract. Brokers with lower minimum deposit requirements typically cater to a more mainstream audience who don't require advanced research tools or features. On the other hand, brokers that require a larger minimum deposit often provide a greater range of trading features, more in-depth technical analysis, research tools, and better risk management features.
Some brokers may waive the minimum deposit requirement to attract new customers but may compensate for it by charging higher transaction commissions and trading fees. As the online trading market becomes more competitive, brokers have reduced their minimum deposit requirements to attract new clients.
However, it's important to note that depending on your trading account type, some brokers may require a higher minimum deposit of up to 10,000 GBP/USD. Therefore, it's essential to research and compares different brokers to determine which best suits your trading needs and budget.
FXGiants Withdrawal Fees
FXGiants doesn't charge withdrawal fees.
FXGiants Withdrawal rules may vary across different brokers when it comes to transferring funds from your FXGiants or other broker trading account. Each brokerage firm has its specific withdrawal methods. The payment provider associated with FXGiants may have different transfer processing fees and processing times, affecting how long it takes to receive your funds.
In addition, currency conversion fees may apply if the FXGiants withdrawal and receiving currencies differ, adding to the overall transaction costs. The currency conversion fee depends on your base currency, receiving currency, and the 3rd party payment provider that is separate from FXGiants. Researching and comparing FXGiants withdrawal policies and fees across different brokers is essential before choosing one, especially if you are withdrawing FXGiants funds frequently or dealing with large sums of money. Awareness of these FXGiants fees and policies can help you plan and budget accordingly and avoid any unpleasant surprises when transferring your FXGiants funds.
For example, FXGiants allows you to withdraw your funds to Debit Cards, VISA, MasterCard, Wire Transfer, Neteller, Skrill, UnionPay.
FXGiants Inactivity Fees
FXGiants does charge a fee for inactive accounts.
When a trading account goes unused for a certain period, brokerage clients may be charged an account inactivity fee. To avoid such fees, clients may need to fulfill specific trading activity requirements outlined by FXGiants terms and conditions. It's important to note that inactivity fees are not unique to online trading accounts, as many financial service companies may also charge them.
Make sure you're fully aware of all FXGiants fees and services. It's recommended that you check the FXGiants website before signing up. If you decide to close your FXGiants account, it's important to do so with the FXGiants broker customer support and obtain confirmation that no remaining FXGiants fees are due.
Brokers like FXGiants must disclose any inactivity fees as part of their regulations. The type of account and broker you sign up for, will determine whether or not you can be charged an inactivity fee under certain circumstances.
Certain brokers may levy inactivity fees to recoup the expenses associated with sustaining your account on their trading platforms when there is a shortage of commission fees earned from your trading activities.
FXGiants Deposit Fees
FXGiants does not charge deposit fees. Although bank / 3rd party merchant fees may apply.
Reviewing deposit fees before initiating a transaction is imperative, as certain brokers might impose a charge for depositing funds from your payment method to your trading account. The payment method employed for funding your account might also incur a fee.
Depositing funds into your trading account may incur a fee, which could vary depending on the fiat currency used. For instance, depositing funds from a credit card can attract high fees. Additionally, not all brokers accept credit card payments for account funding. It's crucial to review the funding options and associated fees the broker provides before depositing any funds.
FXGiants Commission Fees
FXGiants does charge commission on CFD instruments.
Brokerage firms like FXGiants may charge commission fees as compensation for executing trades on behalf of traders on their trading platforms. Commission fees can vary depending on the type of financial asset being traded and the FXGiants trading account level held by the trader.
FXGiants may charge commission fees for fulfilling, modifying, or canceling an order on behalf of its clients. However, if a market order is not fulfilled, no commission fee is usually charged. Reviewing FXGiants terms and conditions to understand the commission fees and any other charges that may apply is essential.
FXGiants review
What can you trade with FXGiants?
It's essential to note that the trading instruments offered under the FXGiants brand may vary depending on the customer account holder and country of residence due to regulatory restrictions. Besides, the trading platform the customer selects may also impact the available trading instruments. Therefore, before trading, verify the FXGiants trading instruments available and the regulations governing them based on your account holder, location, and chosen platform.
You can trade a wide variety of instruments with FXGiants over 300 instruments in fact.
If you want to trade currency pairs on global Forex markets, FXGiants offer over currency pairs.
FXGiants Compared To Other Brokers
Compare FXGiants with IC Markets and Roboforex below.
How FXGiants Trading Options Compare Against Other Brokers
Broker | fxgiants | IC Markets | Roboforex | eToro |
---|---|---|---|---|
Instruments Available | 300 | 2250 | 12000 | 6000 |
Platforms | MT4, PC, Mac, Mobile Apps, Android (Google Play), iOS (App Store) | MT5, MT4, MetaTrader WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), MetaTrader iPhone/iPad, MetaTrader Android Google Play, MetaTrader Mac, cTrader, cTrader Web, cTrader iPhone/iPad, cTrader iMac, cTrader Android Google Play, cTrader Automate, cTrader Copy Trading, TradingView, Virtual Private Server, Trading Servers, MT4 Advanced Trading Tools, IC Insights, Trading Central | MT4, MT5, R Mobile Trader, R StocksTrader, WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), Windows | eToro Trading App, Mobile Apps, iOS (App Store), Android (Google Play), CopyTrading, Web |
FX / Currencies | ||||
Forex pairs offered | 61 | 35 | 50 | |
Major Forex pairs | Yes | Yes | Yes | Yes |
Minor Forex pairs | No | Yes | Yes | Yes |
Exotic Forex pairs | Yes | Yes | Yes | Yes |
Cryptocurrencies (availability subject to regulation) | NO | Yes | No | Yes |
Commodity CFDs | ||||
Commodities Offered | 0 | 20 | 21 | 31 |
Metals | Yes | Yes | Yes | Yes |
Energies | Yes | Yes | No | Yes |
Agricultural | Yes | Yes | No | Yes |
Indiced & Stock CFDs | ||||
Stocks Offered | 2100 | 0 | 2042 | |
UK Shares | Yes | Yes | Yes | Yes |
US Shares | NO | Yes | Yes | Yes |
German Shares | No | Yes | Yes | Yes |
Japanese Shares | No | Yes | Yes | Yes |
Risk Warning |
Visit FXGiants
Your capital is at risk |
Visit IC Markets
Losses can exceed deposits |
Visit Roboforex
Losses can exceed deposits |
Visit eToro
51% of retail investor accounts lose money when trading CFDs with this provider. |
FXGiants review
Trading on FXGiants web platforms and other applications
FXGiants offer the popular MT4 forex trading platform. To see a list of the top MT4 brokers, see our comparison of MT4 brokers.
A FXGiants iOS or Android native App on your phone or tablet will Work quicker Than the Avatrade Website on the same device.
FXGiants also offer mobile apps for Android and iOS trading apps help you stay on top of your trades and execute them on the go.
See FXGiants's platformsIs the FXGiants Trading Platform Secure?
You should take the security of your personal information seriously and check SSL encryption is enabled on the FXGiants trading platform to protect you on PC and mobile FXGiants platforms. To further enhance security, we encourage traders to always look for the lock sign on their browser when using FXGiants web trading platforms.
FXGiants Trading Platform Options
After logging into your FXGiants account, you'll find a range of trading platform options available below.
- MetaTrader 4 (MT4)
Please be aware that FXGiants does not currently support the MetaTrader 5 (MT5) trading platform. However, if you're looking for a broker that does offer MT5, you can check out our list of recommended brokers available through the provided link.
FXGiants does not support the cTrader trading platform. However, if you're looking for a broker that does offer cTrader, you can explore other options available through the provided link.
Let's explore each of these trading platforms in detail and what options FXGiants gives you.
FXGiants review
FXGiants MetaTrader 4 (MT4)
FXGiants MetaTrader 4 (MT4) In Detail
MetaTrader 4, commonly known as MT4, has been a well-known and widely used trading platform in the financial markets since its inception in 2005. MT4 on FXGiants offers traders comprehensive features and tools to enhance their trading performance. The FXGiants MT4 user-friendly interface and highly customizable trading environment allow traders to tailor the FXGiants platform to their needs. One of the standout features of MT4 is its charting functionality, which allows FXGiants traders to analyze price movements and make informed trading decisions. Additionally, advanced order management tools give FXGiants traders greater control over their trades, allowing them to manage risk better and optimize their trading strategies on the MT4 FXGiants trading platform.
MetaTrader 4 (MT4) was created mainly for Forex trading, but it can also facilitate the trading of other financial instruments via CFDs and Spread Betting. You cannot trade real assets like stocks, shares, commodities, indices and ETF's on the FXGiants MetaTrader 4 (MT4) trading platform. MT4 is a platform available with FXGiants, that facilitates trading financial instruments in the form of CFD contracts or Spread bets. The FXGiants MT4 platform does not provide access to physical assets such as stocks, commodities, or ETFs for trading. FXGiants allows trading CFDs and Spread bets, which do not involve owning underlying assets but speculating on price movements, using high risk leverage. To gain more information about the MT4 Platform, click here.
You can start using the MetaTrader 4 platform with FXGiants in multiple formats including through an online web platform, Through a downloadable application for Windows PCs and Apple Macintosh computers. FXGiants MetaTrader 4 is compatible with the latest macOS. FXGiants allows traders to trade on mobile devices through Android and iOS devices like the iPhone.
Metatrader 4 Webtrader on FXGiants
MetaTrader 4 (MT4) is a widely used trading platform in the world, offering a range of advanced tools and features. Recently, MT4 has been made available as a web-based application through a web browser, enabling traders to access the platform from anywhere.
The web version of MT4 provides the same user-friendly interface and customizable trading environment as the desktop version. With MT4 web, traders can access advanced charting tools, online trading indicators, and a Dealing Desk-free trading environment.
Additionally, traders can enjoy Raw Pricing without any intervention from brokers. Overall, MT4 web is a convenient and efficient way for traders to access the platform and manage their trades.
Trade FXGiants MetaTrader 4 on iOS Devices
You can download the FXGiants app or trade with FXGiants through the MetaTrader 4 application on the Apple app store.
Download the Metaquotes MetaTrader 4 Program free of charge from Apple's App Store. FXGiants customers have instant access to the financial market and can completely manage a Portfolio on the go.
Trade FXGiants MetaTrader 4 on Android Devices
Millions of people worldwide use Android mobile devices and tablets, and FXGiants offers its clients access to the MetaTrader 4 platform on these devices. With the FXGiants MetaTrader 4 Android application, traders can monitor the financial markets and execute trades directly from their Android-based smartphones and tablets. This app provides access to a range of advanced trading features, allowing FXGiants traders to stay on top of their trades and react quickly to changes in the market. With the FXGiants MetaTrader 4 Android app, traders can securely manage their trades on the go, making it a convenient and efficient way to stay connected to the market.
Trade FXGiants MetaTrader 4 Trading Central
Trading Centrals Alpha Generation Indicators available on FXGiants are a powerful bundle of three major indicators designed to help traders make informed decisions. FXGiants MT4 Trading Central indicators include:
- Analyst Perspectives - A valuable resource for traders seeking leadership insights and key levels.
- Adaptive Candlesticks - This indicator is capable of identifying chart patterns that highlight significant changes in demand and supply.
- Adaptive Divergence Convergence (ADC) - Similar to MACD, but with greater utility at shorter lengths, this indicator provides more timely signals.
Trading Centrals Alpha Generation Indicators can help FXGiants traders better understand market trends and patterns, enabling them to make more informed trading decisions. These indicators can provide valuable insights into market movements, allowing FXGiants traders to potentially stay one step ahead.
FXGiants MetaTrader 4 Advanced Trading Tools
The FXGiants MetaTrader 4 trading platform has advanced tools that enhance the overall trading experience and give FXGiants traders detailed market tools. With feature-rich trade execution and management programs, sophisticated notification alarms, messaging facilities, innovative market data, and more, FXGiants provides traders with everything they need to succeed. The FXGiants MT4 platform also includes a range of technical analysis tools, with 30 indicators built in, 2000 plus free indicators, and the availability of paid indicators, allowing FXGiants traders to analyze the market at any level of complexity.
Trade FXGiants MetaTrader 4 MultiTerminal
MetaTrader 4 MultiTerminal offers traders an intuitive and user-friendly dashboard to manage and monitor multiple trading accounts. This powerful tool allows traders to oversee over 128 accounts simultaneously, enabling them to place market and pending orders, view real-time market prices, and track all accounts and equity in real-time.
It's important to note that MultiTerminal only supports trading accounts on the same MetaTrader server and doesn't allow automated trading scripts such as Expert Advisors.
This tool is ideal for traders who manage several accounts simultaneously and require a more efficient and effective way to track and execute trades. You can have up to 10 demo accounts on MetaTrader 4 MultiTerminal.
FXGiants MetaTrader 4 AutoChartist
Autochartist on the FXGiants platform is a powerful tool designed to help traders find trading opportunities quickly and easily.
Available for FXGiants MetaTrader 4 Autochartist can scan the market using an expert advisor script.
With Autochartist, FXGiants traders can scan multiple markets and timeframes from a single graph, making it easy to keep track of all their preferred symbols without launching multiple graphs. Using Autochartist can save FXGiants users time and makes the trading process more efficient.
The Autochartist interface is user-friendly and can be customized to suit individual trading preferences. FXGiants traders can navigate the platform and find the information they need to make informed trading decisions.
FXGiants Autochartist is a valuable tool for traders who want to stay ahead of the curve and identify trading opportunities quickly and easily. With its powerful features and easy-to-use interface, Autochartist is an essential tool for FXGiants traders of all experience levels.
FXGiants Trading benefits
- FXGiants Allows scalping
- FXGiants Offers STP
- FXGiants Low min deposit
- FXGiants Offers Negative Balance Protection
FXGiants Trading Accounts Offered
Below we give an overview of the account types that FXGiants offer. Whatever you are looking to trade, the varying FXGiants account types will be able to provide you with what you need.
- FXGiants Demo account
- FXGiants Standard account
- FXGiants ECN account
- FXGiants STP account
- FXGiants Islamic account
Can I try FXGiants?
FXGiants provides a demo account that enables individuals to explore trading before investing their funds. By creating a FXGiants practice account, users can gain experience and knowledge of how to trade effectively. Demo trading accounts like the FXGiants demo account can help individuals to make informed decisions before investing their money.
Open a demo FXGiants account to practice and trade.
Your capital is at risk
FXGiants withdrawal and funding methods
It's essential to remember that the payment methods provided by FXGiants vary based on the FXGiants entity and the FXGiants client's country of residence. To view the FXGiants payment options available, you can log into your FXGiants member's area.
FXGiants offers various funding payment methods listed in your FXGiants dashboard if available in your region. To learn more about the FXGiants funding and withdrawal options available in your area, you can explore the FXGiants website.
FXGiants provides several payment methods for funding your FXGiants account. You may utilize any of these deposit options if they are available in your region. FXGiants ensures that users have multiple payment methods to choose from, making it more convenient for verified FXGiants account holders to add funds to their accounts. However, it's important to note that the availability of payment methods may vary depending on the FXGiants user's location. learn more about FXGiants funding and withdrawal methods.FXGiants Payment Methods
Some FXGiants payment methods are local and are available only to specific regions. FXGiants account holders should check which payment methods are provided in your region.- FXGiants accepts Debit Cards
- FXGiants accepts VISA
- FXGiants accepts MasterCard
- FXGiants accepts Wire Transfer
- FXGiants accepts Neteller
- FXGiants accepts Skrill
- FXGiants accepts UnionPay
Broker | fxgiants | IC Markets | Roboforex | eToro |
---|---|---|---|---|
Bank transfer | No | Yes | Yes | Yes |
Credit Cards | No | Yes | No | Yes |
Paypal | No | Yes | No | Yes |
Skrill | Yes | Yes | Yes | Yes |
Payoneer | No | No | No | No |
Neteller | Yes | Yes | Yes | Yes |
*please note available FXGiants and other broker payment methods depend on the clients country of residence.
How can I start trading with FXGiants?
To open a trading account with FXGiants, individuals can sign up on the FXGiants website. Upon completing the signup process, users will receive login details via email, which they can use to access their accounts.
The next step involves submitting identification documents for FXGiants account validation and making a deposit. Once completed, FXGiants users can download the trading platform of their choice.
It's important to note that FXGiants requires users to provide essential documentation to verify their identity during onboarding and routine KYC identity checks. These checks are a standard practice that helps FXGiants maintain a trustworthy financial environment for its 10,000 users. Detailed information on the FXGiants trading platforms is available on their website.
Your capital is at risk
Performing trades with FXGiants
When using FXGiants, the minimum trade size is typically $0.00000114/0.01 LOTS units of the base currency of the instrument being traded. However, this amount may vary based on the specific account a user has opened. FXGiants have a max trade of varies. With the ECN and STP execution methods offered by the platform, traders using FXGiants can enjoy tighter spreads and greater transparency when it comes to the pricing of their trades.
Like other brokers, FXGiants margin requirements can differ depending on the traded instrument.
CFD Trading on FXGiants
We will show you an example of the basics of using FXGiants leverage.
CFD trading on FXGiants allows traders to speculate on the price movements of various financial instruments against the broker FXGiants, without actually owning real assets. With CFDs, FXGiants traders can profit from upward and downward price movements by going long (buying) or short (selling) on an asset.
FXGiants provides CFDs which are leveraged products. For this example, let's assume a ten times leverage. So, if you have a $10,000 position, you only need to tie up $1,000 or a tenth of the value in your account. With high-risk leverage, a small sum controls a much bigger financial position.
The effect of leverage on profits and losses magnifies them in both directions. In other words, FXGiants leverage profits and losses are magnified when trading. For instance, using CFDs, you use the FXGiants trading platform to buy/sell $10,000 worth of Apple Computer Inc. If the stock rises by 10% due to positive results, your position is now worth $11,000, representing a $1,000 or 10% increase in value. This CFD trade has a 100% increase in the funds initially committed.
On the other hand, if Apple Computer Inc falls by 10%, your position worth $10,000 is now worth only $9,000, representing a $1,000 decrease. Therefore, FXGiants leverage magnifies both profits and losses in trading.
Trading CFD trades on the FXGiants platform can provide more flexibility than traditional market trades, allowing access to CFD fractional shares, international markets, and short selling. They are commonly used for short to medium-term trades, such as intraday CFD trading, but are high-risk due to their separation from the financial markets.
Experienced FXGiants traders can trade high risk CFD trades to hedge items in their portfolio.
Always be aware that CFDs are complex instruments with a high risk of losing money rapidly due to leverage. Your capital is at risk
Limiting Your Risk When Trading with FXGiants Negative Balance Protection
Negative balance protection is important for traders using leverage on platforms like FXGiants. In an unfavourable market move, leverage can result in a loss that exceeds the trader's account balance, leaving them with a negative account balance. If a FXGiants trading position does not go in your favour, this is where negative balance protection comes in handy.
Brokers regulated by the Financial Conduct Authority (FCA) must offer negative balance protection as a standard feature. With negative balance protection, FXGiants trading losses are always limited to the current balance of funds in the trader's account.
Even if an FXGiants trader experiences a significant loss, they will never owe more money than what is available in their FXGiants account balance.
It's important for FXGiants traders to understand the potential risks of trading with leverage and to take advantage of features like negative balance protection to mitigate those risks. By doing so, traders can trade with peace of mind, knowing that FXGiants losses are limited to the funds available in your FXGiants account when negative balance protection is in place.
Education Resources at FXGiants
FXGiants offer educational resources which include Articles. Please bear in mind that these resources provided by FXGiants do not guarantee any results when trading. When we checked on the FXGiants website, these educational resources were not available in every language. Also some financial instruments mentioned in any FXGiants educational resources may not be available in your region.
To trade effectively with FXGiants, it's important to have a good understanding of the FXGiants trading tools and the markets. Make sure you make full use of all education tools. Including educational tools with FXGiants and externally.
FXGiants . It's essential to take the time to learn about the financial markets and understand how they move before diving into trading with FXGiants. Familiarizing yourself with the FXGiants trading platform is crucial to use it effectively.
While learning, you can also use global trading times to practice making live buy or sell trades using FXGiants. This hands-on experience can help you gain confidence and become more comfortable with trading.
Furthermore, learning how to mitigate and manage investment risk is crucial. Trading with FXGiants involves developing a strategy considering risk management techniques such as stop-loss orders, diversification, and position sizing. By effectively managing risk, you can increase your chances of success in the markets.
Learning about the financial markets, trading platforms like FXGiants, and risk management techniques can help you become a more confident and successful trader.
Take an analytical approach to trading with FXGiants. Explore the FXGiants platform and train yourself to think systematically and logically about the markets.
While it may be a new skill set for some, it is what the market requires for success. Developing your trading skills with FXGiants, before live trading.
Customer Support at FXGiants
As part of our FXGiants review, we review customer service options, response times and problem resolution effectiveness on the FXGiants trading platform. The FXGiants trading platform supports multiple languages, which includes English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian.
FXGiants Available Support Types
FXGiants have a B grade support rating because sometimes the response was slow or they didn't answer our query. FXGiants offer email support and supports a limited amount of Languages. Live chat support supports a limited amount of Languages. Phone support supports a limited amount of Languages.
Livechat Support at FXGiants
Our experience with FXGiants support was okay overall. We tested their live chat feature and received a response within 30 minutes. In addition, we communicated with their support team in multiple languages and countries, and FXGiants successfully resolved our customer issues.
Email Support at FXGiants
Our experience with FXGiants email support was mixed. We sent 25 emails at varying times, and the fastest response was less than 50 minutes, but the slowest response took 2 days. However, the team successfully resolved and answered our queries. It's important to note that support response times may vary for you with FXGiants.
Phone Support at FXGiants
During our testing, we contacted FXGiants by phone and were pleased with the quick response time of less than 10 minutes.
Their phone support team was able to successfully address our inquiries and concerns, and we tested their multilingual support by communicating in various languages. FXGiants made an effort to ensure our questions were answered.
Overall, our experience with FXGiants's phone support was average.
See how FXGiants Support Compares Against Other Brokers
Broker | fxgiants | IC Markets | Roboforex | eToro |
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Support |
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Languages | English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian | English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more | English, Chinese Simplified, Chinese Traditional, Indonesian, Malaysian, Portuguese, Spanish, Italian, Polish, Arabic, Thai, Russian, and Ukrainian | English, German, Spanish, French, Italian |
Learn More | Visit FXGiants | Visit IC Markets | Visit Roboforex | Visit eToro |
Risk Warning | Your capital is at risk | Losses can exceed deposits | Losses can exceed deposits | 51% of retail investor accounts lose money when trading CFDs with this provider. |
What you will need to open an account with FXGiants
As FXGiants is regulated by FCA (Financial Conduct Authority) (585561).
As a new client of FXGiants, you will be required to pass a few basic compliance checks to ensure that you fully understand the risks involved in trading and are permitted to trade with FXGiants in your region. During the FXGiants account opening process, you will be asked to provide FXGiants with certain documents, including a scanned copy of your passport, driving license or national ID, as well as a utility bill or bank statement from the past three months to verify your address.
When registering with FXGiants have the following documents available.
- FXGiants require a scanned colour copy of your passport, driver's license or national ID card.
- A recent utility bill or bank statement that confirms your residential address for FXGiants compliance. This must be dated within the last six months.
- If you plan to fund your FXGiants account using a credit or debit card, you will need to provide a scanned copy of the front and back of your card. You can mask any sensitive information like the CVV code on the FXGiants platform.
It's worth noting that the expiration date of the proof of address document may differ for different entities under FXGiants Brand. Additionally, you will need to answer some basic compliance questions to confirm your level of trading experience. This process usually takes around 5 minutes, and once you've passed compliance, you can start exploring FXGiants's platform.
However, remember that you won't be able to make trades on FXGiants until you have passed compliance, which may take several days, depending on your circumstances. It's essential to complete the FXGiants KYC compliance process as soon as possible to avoid any delays in accessing the FXGiants platform's features.
It is important to note that FXGiants may request additional documents or information to verify your identity or comply with regulations. The account opening process usually takes a few minutes to complete, and you can start exploring the FXGiants platform and features immediately. However, you must pass the verification process to start live trading with FXGiants, which can take up to a few business days.
To start the process of opening an account with FXGiants you can visit the FXGiants trading platform here.
Your capital is at risk
You should consider whether you can afford to take the high risk of losing your money.
CFDs are leveraged products and can result in significant losses, excess of your invested capital. All trading involves risk. Only risk capital you're prepared to lose. Past performance does not guarantee future results.
This post is for educational purposes and should not be considered investment advice. All information collected from https://www.fxgiants.co.uk on November 21, 2024.
Watch this FXGiants Explainer Video
Is FXGiants A Good Broker?
We have spent over 5 years examining FXGiants in depth. Although we found some very useful aspects of the FXGiants platform that would be useful to some traders. We feel that a alternative to FXGiants may better suit you.
- FXGiants have a good track record of offering Forex trading, CFD trading, Spread Betting, Share Dealing.
- FXGiants has a history of over 16 years.
- FXGiants has a reasonable sized customer support of at least 10.
- FXGiants are regulated by the FCA (Financial Conduct Authority) (585561). FXGiants is subject to strict regulatory oversight from its respective jurisdiction, which holds FXGiants (the broker) accountable for misconduct. This regulatory framework helps ensure that FXGiants operates fairly and transparently and provides FXGiants customers with a safe and secure trading environment. In any disputes, the regulatory body may also act as an arbitrator to help resolve issue between you and FXGiants.
- FXGiants have regulation from reputable regulators.
- One of the advantages of using FXGiants is the quick processing time for deposits and withdrawals, which typically takes only 2 to 3 days. Fast withdrawals from FXGiants are particularly important as FXGiants traders want to receive their money quickly. With the efficient FXGiants payment processing system, traders can enjoy faster access to their FXGiants funds.
- FXGiants have an international presence in multiple countries. Including local FXGiants seminars and training.
- FXGiants can hire people from various locations in the world who can better communicate in your local language.
FXGiants Risk Disclosure
Your capital is at risk
Trading Risk Disclaimer
Trading financial instruments such as cryptocurrency and foreign currency markets involves high risk and is unsuitable for everyone. When trading on leverage, the potential for loss is significantly higher than when dealing with just your funds. Risky trading leverage allows you to control larger positions with less capital, increasing both the potential for profit and loss.
You will be exposed to a high risk of loss regarding leverage and margin-based trading.
Furthermore, some off-exchange financial instruments and derivatives may offer varying leverage levels and may not be subject to the same regulatory protections as exchange-traded instruments. As a result, they may be subject to higher levels of market volatility and carry a higher degree of risk.
It is important to note that no investment product, technique, or strategy can guarantee profits, and past performance does not necessarily indicate future results. Any investment involves the possibility of financial loss, and it is important to carefully consider your investment objectives, risk tolerance, and financial situation before making any investment decisions.
Trading financial instruments is a high-risk activity that requires careful consideration and risk management. It is important to be aware of the potential for loss and to only invest what you can afford to lose.
FXGiants not quite right?
If after reading this FXGiants review, FXGiants does not fulfill your needs check out these FXGiants Alternatives.
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We have spent years researching the best alternatives to FXGiants. Click the links below to learn more.
After extensive research over several years, we have compiled a list of the most effective FXGiants alternatives available today. If you are unsatisfied with FXGiants or want to explore other options, we recommend checking out our carefully curated list of highly-rated FXGiants alternatives. Follow the links below to learn more about these FXGiants broker alternatives and choose the one that best suits your trading needs.
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Related FXGiants Vs Comparisons
Throughout our comprehensive FXGiants review, we have covered a lot of ground and provided an in-depth analysis of the platform's features and functionality.
If you're interested in comparing FXGiants against other popular brokers in the industry, check out our FXGiants Vs pages. Our team has compiled a series of detailed FXGiants comparison articles, pitting the FXGiants platform against some of the best-rated FXGiants competitors in the market. Dive into our informative FXGiants Vs pages below to find out how FXGiants stacks up against other leading brokers.
- FXGiants vs ICMarkets
- FXGiants vs Roboforex
- FXGiants vs eToro
- FXGiants vs XTB
- FXGiants vs XM
- FXGiants vs Pepperstone
- FXGiants vs AvaTrade
- FXGiants vs FPMarkets
- FXGiants vs easyMarkets
- FXGiants vs SpreadEx
- FXGiants vs FxPro
- FXGiants vs AdmiralMarkets
- FXGiants vs ThinkMarkets
- FXGiants vs FXPrimus
- FXGiants vs Trading212
- FXGiants vs ForexMart
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- FXGiants vs ForTrade
- FXGiants vs InteractiveBrokers
- FXGiants vs Forex.com
- FXGiants vs IG
- FXGiants vs Robinhood
- FXGiants vs Coinbase
- FXGiants vs Binance
- FXGiants vs Oanda
- FXGiants vs CMCMarkets
- FXGiants vs HargreavesLansdown
- FXGiants vs Ayondo
FXGiants review
FXGIANTS Frequently Asked Questions
Read our detailed FXGiants FAQ Section updated for 2025.
Can I try FXGiants?
FXGiants offer a demo account so you can try the FXGiants platform with virtual trading before you put down a payment. Virtual trading with FXGiants is zero risk. Learn more here
What funding methods do FXGiants accept?
Please note that the list of payment methods below depends on the FXGiants Entity and the client's Country of Residence.
FXGiants offer the following funding payment methods Debit Cards, VISA, MasterCard, Wire Transfer, Neteller, Skrill, UnionPay, among other payment methods.
Learn more here
Is FXGiants safe?
FXGiants have over 10,000 users. FXGiants are considered reliable as they are regulated by and checked for conduct by the FCA (Financial Conduct Authority) (585561). Any payments funded to FXGiants accounts by traders are held in a segregated bank account. For added security,FXGiants use tier-1 banks for this. Tier 1 is the official measure of a bank's financial health and strength.Trading with FXGiants is risky, and because the market is so volatile, losses could happen at any time. Do not invest with FXGiants unless you are prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong.
Your capital is at risk
Is FXGiants trading good?
FXGiants is considered good and reputable to trade with FXGiants. FXGiants is used by over 10,000 traders and FXGiants users. FXGiants offers Forex trading, CFD trading, Spread Betting trading, and Share Dealing trading. Minimum deposit with FXGiants is 100.
Is FXGiants trading Legit?
FXGiants was founded in United Kingdom in 2008. FXGiants has been facilitating trade on the financial markets for over 16 years. FXGiants offers clients Forex trading, CFD trading, Spread Betting trading, and Share Dealing trading. All funds deposited to FXGiants are held in segregated bank accounts for security. FXGiants is regulated by FCA (Financial Conduct Authority) (585561) so can be considered legit.
Is FXGiants a good broker?
FXGiants allows Forex trading, CFD trading, Spread Betting trading, and Share Dealing trading. FXGiants is overseen by the top tier financial regulators FCA (Financial Conduct Authority) (585561) so can be considered a good broker.
Is FXGiants trustworthy broker?
FXGiants is a reliable platform that can be considered trustworthy due to its strict regulatory practices. When you fund money to FXGiants, money is in a segregated bank account that is separate from FXGiants company's funds. As a regulated broker, FXGiants cannot directly access your funds, which minimizes the risk of misappropriation or fraudulent activity by FXGiants. Instead, your FXGiants funds are held securely in a separate account designated for your investments, providing protection and peace of mind when trading with FXGiants. Also FXGiants is regulated in its local jurisdictions including major financial regulators like FCA (Financial Conduct Authority) (585561).
What is the minimum deposit for FXGiants?
The minimum deposit to trade with FXGiants is 100.
How long do FXGiants withdrawals take?
Withdrawing money from FXGiants processing time varies depending on the method but averages 1-5 days.
Is FXGiants regulated?
FXGiants is regulated by the FCA (Financial Conduct Authority) (585561). Regulatory bodies conduct regular reviews and audits as part of FXGiants maintaining their regulatory status. You can learn more about these reviews on the regulator websites.
Is FXGiants a market maker?
FXGiants is a market maker. Stocks, currency and other commodities and instruments will be brought or sold by FXGiants even if no buyer or seller is lined up.
How can I start trading with FXGiants?
When opening a trading account with FXGiants, you will need to sign up here. After completing the necessary steps of receiving login details via email, submitting identification documents for account validation, and making a deposit, the next step is downloading the preferred trading platform. For detailed guidance on FXGiants trading platforms, you can follow the link provided below: Learn more about signing up with the FXGiants trading platform here. This will provide useful information and insights into the various trading platforms offered by FXGiants, enabling you to make an informed decision about which platform to choose for your trading needs.
Is my money safe with FXGiants?
Yes your money is safe with FXGiants.
Overall, strict financial regulation is essential for ensuring that trading platforms like FXGiants operate fairly, transparently, and responsibly, which ultimately benefits all FXGiants stakeholders involved.
Trading platforms like FXGiants must have strict financial regulation for several reasons:
- Protecting FXGiants Investors: Strict financial regulation ensures that investors who use the FXGiants trading platform are protected against fraudulent or unethical behavior by the FXGiants platform or its employees. Financial regulation can help to prevent investors from losing their money due to dishonest practices by the FXGiants platform.
- Maintaining FXGiants Financial Stability: Strict regulation helps maintain the financial system's stability by preventing excessive risk-taking when using the FXGiants trading platform. Regulatory procedures reduce the likelihood of the FXGiants platform experiencing financial difficulties or failing, which could have ripple effects throughout the financial system.
- Enhancing FXGiants Transparency: Regulations require trading platforms like FXGiants to maintain detailed records and disclose FXGiants client information. Financial regulatory requirements enhances transparency and helps to build trust between the FXGiants platform and its investors.
FXGiants is regulated by the FCA (Financial Conduct Authority) (585561). When selecting a broker such as FXGiants, one of the most critical factors to consider is the broker's regulatory body and regulatory status. Unregulated brokers pose a direct risk to the security of their client's funds, as they operate without any oversight or regulation. In contrast, regulated brokers are subject to strict rules and regulations that prevent them from manipulating market prices or engaging in fraudulent activities. As a reputable broker, FXGiants ensures that withdrawal requests are processed promptly, demonstrating its commitment to transparency and accountability. However, brokers that violate regulatory rules can face the consequences such as losing their regulatory status in specific regions, highlighting the importance of working with a trusted, regulated broker for your trading needs like FXGiants.
Is FXGiants a con?
FXGiants is regulated and well established, having been in business for over 16 years. FXGiants is not a con.
Can you make money with FXGiants?
Although traders have had great success with FXGiants, trading on the financial markets with FXGiants is not a get-rich scheme. If you educate yourself, practise with a demo account and carefully plan your trading, your chance of success will greatly increase. Never trade with money you cannot afford to lose. Your capital is at risk.
Does FXGiants have fees?
FXGiants doesn't charge withdrawal fees. FXGiants does charge a fee for inactive accounts. FXGiants doesn't charge deposit fees.
When was FXGiants founded?
FXGiants was founded in 2008.
How many people use FXGiants?
FXGiants is used by over 10,000 registered FXGiants users.
What is FXGiants Headquarters country?
FXGiants has its head quarters office in United Kingdom .
Does FXGiants offer negative balance protection?
FXGiants offers negative balance protection. With Negative balance protection, traders cannot lose more money than they have deposited.
Does FXGiants offer guaranteed stop loss?
FXGiants does not offer guaranteed stop loss. With guaranteed stop loss protection, risk is managed. Traders are guaranteed to close your trade at your specified price. Stop Loss orders are guaranteed only during market hours and under normal trading conditions.
Does FXGiants allow scalping?
FXGiants offers scalping.
Does FXGiants allow hedging?
FXGiants does not offer hedging.
Does FXGiants offer CFD trading?
FXGiants offers CFD trading.
Does FXGiants offer STP?
FXGiants offers STP trading.
How many people use FXGiants?
FXGiants is used by over 10000 FXGiants users and traders.
Is FXGiants an ECN broker?
FXGiants offers ECN trading.
Does FXGiants offer a demo account?
FXGiants offers a demo account.
Does FXGiants offer an Islamic account?
FXGiants offers an Islamic account.
What are the funding methods for FXGiants?
Please note that funding methods and options available with FXGiants can be found in the FXGiants Members area and depend on the FXGiants client’s country of residence. Please check your specific available payment methods on the FXGiants website. FXGiants accept the following funding methods : Debit Cards, VISA, MasterCard, Wire Transfer, Neteller, Skrill, UnionPay.