FXGiants review

Spread from

0.0 pips

EUR/USD spread

Approx. 0.2 pips, STP/ECN Zero Spread

GBP/USD spread

Approx. 0.4 pips, STP/ECN Zero Spread

Commission

Approx. $9 per side / $18 round turn, Zero Fixed Spread

All-in cost, EUR/USD

Approx. 1.8 pips, Zero Fixed Spread

Spread type

Fixed and variable, account-dependent

Overnight swap

Both: overnight swaps charged/credited; swap-free accounts available

Inactivity fee

$50 after 1 year inactivity, then $50 annually

Withdrawal fee

Generally none internally; bank/payment charges may apply

Currency conversion

Currency conversion at applicable exchange rate

Costs below are the broker's published figures, which is not the same as what you will pay.

A quoted spread from 0.0 pips is a raw-spread figure, which almost always means a separate commission per lot. Compare the two together - a "zero spread" account with a high commission can cost more than a wider spread with none.

Quoted spreads are best-case figures on the most liquid pair, in normal conditions. What you actually pay widens around news and at the session open.

FXGiants lists a minimum deposit of $100. Treat it as the cost of opening an account, not the cost of trading one - position sizing on a small balance is what tends to cause damage.

Markets

Forex, Metals, Indices, Commodities, Futures, Shares

Currency pairs

80+

Total instruments

300+

Crypto CFDs

No

Maximum leverage

1:1000

Execution model

Hybrid market maker / STP-ECN

Execution speed

Under 100ms

Order types

Market, buy limit, sell limit, buy stop, sell stop, stop-loss, take-profit, trailing stop

Servers

Global financial data-centre infrastructure

Leverage up to 1:1000 is available on this entity. High leverage does not increase your expected return - it increases position size for the same deposit, and shortens the move needed to close you out.

FXGiants covers forex, metals, indices, commodities, futures, shares. A wider range matters less than depth in the instruments you actually trade.

Funding options: visa, mastercard, bank wire, skrill, neteller and regional payment methods. Check withdrawal routes as well as deposit ones - they are often not the same, and the difference only becomes apparent when you try to take money out.

Platforms

MetaTrader 4, FXGiants WebTrader, PMAM

Own platform

No

Mobile app

Third-party

Browser trading

Yes

Automated trading

Yes, MT4 Expert Advisors and automated trading

Copy trading

Yes, PMAM/multi-account management

Indicators

30+ built-in MT4 indicators plus custom indicators

Third-party tools

MetaTrader 4, VPS

API access

Yes, institutional/white-label connectivity

MetaTrader 4 remains the most widely supported platform for expert advisors. If you rely on an existing EA, this is usually the deciding factor.

Regulated by

British Virgin Islands Financial Services Commission (FSC), SIBA/L/24/1175

Regulator tier

Tier 3

Register entry

BVI Financial Services Commission register, licence SIBA/L/24/1175

Client money segregated

Yes

Held at

Regulated banking institutions

Negative balance protection

Yes

Compensation scheme

No statutory investor compensation scheme

Audited by

Independent external auditors

Not available to

United States, Iran, Cuba, Sudan, Syria, North Korea, Australia, India and jurisdictions where distribution or use would contravene local law

This is the one claim on the page that can be checked against a public register, so it is the one to check.

FXGiants's licence is offshore (FSC). Offshore entities typically offer higher leverage and lighter reporting, and compensation schemes do not apply - the trade-off is protection, not price.

An FSC licence (Mauritius or Belize, depending on the entity) is an offshore authorisation with lighter reporting duties than a tier-one regulator.

Minimum deposit

$100

Account types

Live Floating Spread, Live Fixed Spread, Live Zero Fixed Spread, STP/ECN No Commission, STP/ECN Zero Spread, STP/ECN Absolute Zero, Islamic/Swap-Free, Demo

Account currencies

USD, EUR, GBP, AUD, JPY, CHF, PLN, CZK

Islamic account

Yes

Demo account

Yes

Professional account

Yes

Minimum trade size

0.01 lots

Time to open

Less than 1 minute

Deposit methods

Visa, Mastercard, bank wire, Skrill, Neteller and regional payment methods

Withdrawal methods

Original funding method up to deposited amount; bank wire for profits

Deposit time

Instant for most cards/e-wallets; bank wire typically 2-5 business days

Withdrawal time

Typically processed within 24 hours; bank settlement may take 2-5 business days

Minimum withdrawal

$10

Local payment methods

Country-specific online banking and regional payment providers

Support hours

24/5

Contact channels

Live chat, email, support ticket, phone

Languages

Multilingual

Telephone

+44 20 3287 8644

Email

support@fxgiants.com

Live chat response

Typically under 2 minutes

Education

Extensive: educational articles, trading guides, webinars, seminars, platform tutorials and market education

Research

Market news, technical/fundamental analysis, economic commentary and trading insights

Legal entity

Notesco (BVI) Limited

Company number

1946338

Headquarters

Road Town, Tortola, British Virgin Islands

Founded

2015

Publicly listed

No

Parent company

Notesco Group

Employees

100+

Also trades as

FXGiants