Score

4.95 /10
Average

FXGate

Malaysia

5-10 years

Regulated in Malaysia

Straight Through Processing(STP)

Suspicious Scope of Business

Medium potential risk

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Score

Regulatory Index3.92

Business Index7.19

Risk Management Index8.90

Software Index4.00

License Index3.92

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FXGate · Company summary

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.

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feiigejh
more than one year
FXGate's 2-minute closure policy crushed my profits, claiming market protection. Now, capital gone. Watch out, investors, stay away from potential traps.
FXGate's 2-minute closure policy crushed my profits, claiming market protection. Now, capital gone. Watch out, investors, stay away from potential traps.
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2023-12-28 14:17
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チャンミン
more than one year
To be honest I really regret it now. I got information about FXGate through their website and staff...how can they say bad things about this company? Now I am a victim of their forex scam. I hope everyone can collect information extensively, and don't be deceived and fall into forex scam traps like me.
To be honest I really regret it now. I got information about FXGate through their website and staff...how can they say bad things about this company? Now I am a victim of their forex scam. I hope everyone can collect information extensively, and don't be deceived and fall into forex scam traps like me.
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2023-03-16 17:33
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