Abstract: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.
FXGiantsReview Summary | |
Founded | 2009-09-07 |
Registered Country/Region | Bermuda |
Regulation | clone firm |
Market Instruments | Forex/Metals/Indices/Commodities/Stocks/Futures |
Demo Account | / |
Leverage | Up to 1:1000 |
Spread | From 0.0 pips |
Trading Platform | MT4 |
Min Deposit | / |
Customer Support | Phone: +44 (0) 207 523 5394 |
Email: support@fxgiants.com |
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.
Pros | Cons |
MT4 available | Clone firm |
24/5 customer support | Inaccessible official website |
Various tradable instruments | High max leverage |
Spread from 0.0 pips | Negative comments about wiping out profits |
FXGiants is regulated by FCA with license number 585561, but it is a clone firm.
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 | ❌ |
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 Spread | Live Fixed Spread | Live Zero Fixed Spread | STP/ECN No Commission | STP/ECN Zero Spread | STP/ECN Absolute Zero |
Spreads from | 1.0 pips | 1.3 pips | 0.0 pips | 1.7 pips | 0.0 pips | 0.2 pips |
Commission | No | No | $9 per lot per side | No | $3.75 per lot per side | No |
Leverage up to | 1:1000 | 1:1000 | 1:500 | 1:200 | 1:200 | 1:200 |
Trade from | 0.01 Lots | 0.01 Lots | 0.01 Lots | 0.01 Lots | 0.01 Lots | 0.01 Lots |
Bonuses | Available | Available | - | - | - | - |
The spread starts from 0.0 pipsand the commission is from 0. The lower the spread, the faster the liquidity.
The maximum leverage is 1:1000 meaning that profits and losses are magnified 1000 times.
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 Platform | Supported | Suitable for |
MT4 | ✔ | Junior traders |
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.