Score

1.51 /10
Danger

FXGiants

Bermuda

5-10 years

Suspicious Regulatory License

Clone Firm United Kingdom

High potential risk

B

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Comparison

Quantity 4

Exposure

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Website

Score

Regulatory Index0.00

Business Index6.98

Risk Management Index0.00

Software Index4.00

License Index0.00

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Website

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Broker Information

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Company Name

Notesco Ltd

Company Abbreviation

FXGiants

Platform registered country and region

Bermuda

Company website

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Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 2
Previous Detection : 2025-01-24
  • The claimed United KingdomFCA regulation (license number: 585561) is verified as a clone firm. Please pay attention to the risk!
  • The number of this brokers's negative field survey reviews has reached 1. Please be aware of the risk and the potential scam!

WikiFX Verification

Pyramid scheme complaint
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FXGiants · Company summary
FXGiantsReview Summary
Founded2009-09-07
Registered Country/RegionBermuda
Regulationclone firm
Market InstrumentsForex/Metals/Indices/Commodities/Stocks/Futures
Demo Account/
LeverageUp to 1:1000
SpreadFrom 0.0 pips
Trading PlatformMT4
Min Deposit/
Customer SupportPhone: +44 (0) 207 523 5394
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.

FXGiants Information

Pros and Cons

Pros Cons
MT4 availableClone firm
24/5 customer supportInaccessible official website
Various tradable instrumentsHigh max leverage
Spread from 0.0 pipsNegative comments about wiping out profits

Is FXGiants Legit?

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

Is FXGiants Legit?
Is FXGiants Legit?

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
What Can I Trade on FXGiants?

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 SpreadLive Fixed SpreadLive Zero Fixed SpreadSTP/ECN No CommissionSTP/ECN Zero SpreadSTP/ECN Absolute Zero
Spreads from1.0 pips1.3 pips0.0 pips1.7 pips0.0 pips0.2 pips
CommissionNoNo$9 per lot per sideNo$3.75 per lot per sideNo
Leverage up to1:10001:10001:5001:2001:2001:200
Trade from0.01 Lots0.01 Lots0.01 Lots0.01 Lots0.01 Lots0.01 Lots
BonusesAvailableAvailable----

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 PlatformSupported Suitable for
MT4Junior traders
Trading Platform

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.

Deposit and Withdrawal

News

NewsWIKIFX REPORT: FXGiants review – 5 things you should know about fxgiants.com

A fairly contentious offshore broker is FXGiants. On the one side, it has a tenuous connection to a well-known brand name in the sector, but on the other, some regulators have expressed concern about it.

WikiFX
2022-06-28 12:12
WIKIFX REPORT: FXGiants review – 5 things you should know about fxgiants.com

User Reviews

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User comment

6

Comments

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Bravo1992
more than one year
This broker takes all my deposit & profit. And never refund my capital. Please avoid this broker. Biggest scam ever !
This broker takes all my deposit & profit. And never refund my capital. Please avoid this broker. Biggest scam ever !
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2024-10-28 19:27
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Bravo1992
more than one year
Wipe out all my profit. Scam broker !! Please avoid this scam BROKER !!
Wipe out all my profit. Scam broker !! Please avoid this scam BROKER !!
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2024-10-08 20:04
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