FXGiants Overview
Telephone: +44(0) 207 523 5394
Regulation: FCA (UK)
Pairs offered: 85+ including Major pairs, Minor pairs & Exotic pairs
Minimum Deposit: $100
Spreads From: 1.1 PIPs
Max Leverage: 500:1
Markets: Forex, Spot Metals, Futures, Shares, Spot Indices & Commodities Indices
Deposit Options

FXGiants Broker Review

FXGiants is an online trading brokerage that is licensed and authorized by the Financial Conduct Authority (FCA) with license #585561. As a leading international online brokerage, institutional and retail traders from 150 countries can access 200+ financial instruments. The company is registered to trade under 8Safe UK Limited. It is a safe and secure broker which complies with the tenets of the FCA, with segregated accounts. Transparency, credibility, and prompt payments are assured at this UK-based online broker.

Overview/ background

 

Traders at FXGiants can access a wide range of financial instruments including currency pairs, shares, futures, commodities, spot indices, and spot metals. There are multiple trading platforms including MT4 for PC and Mac, and MT4 for iPad and iPhone. Android users can also enjoy access to the FXGiants platform. Traders can access headline economic news with the latest updates from news media, in addition to live currency rates and an FX glossary.

 

Account Types

 

The two account types include a live account and a demo account. However, there are multiple possibilities with the live account. These include a Micro Account, a Premium Account, a 0 Fixed Spread Account, a STP/ECN No Commission Account, and the STP/ECN 0 Spread Account. There are differences between these account types, based on the minimum deposit, leverage, minimum lot size, spreads on currency pairs and commissions. A quick comparison between these account types reveals the following:

 

  • A Micro Account has a minimum deposit of $100 with leverage from 1:1 – 1:500 with a minimum lot size of 0.01 and lot increments of 0.01
  • A Premium Account has a minimum deposit of $2500 with leverage from 1:1 – 1:500, with a minimum lot size of 0.1 and lot increments of 0.01
  • 0 Fixed Spread Account has a minimum deposit of $500 with leverage of 1:1 – 1:500 with a minimum lot size of 0.01 and lot increments of 0.01
  • The STP/ECN No Commission Account has a minimum deposit of $500 and flexible leverage of 1:1 – 1:200, with a minimum lot size of 0.01 and lot increments of 0.01.
  • The STP/ECN 0 Spread Account has a minimum deposit of $500 with flexible leverage of 1:1 – 1:200, with a minimum lot size of 0.01 and lot increments of 0.01

 

Trading Platform/ software

 

The trading platforms at FXGiants include MetaTrader 4 for personal computers, MetaTrader 4 for Mac computers, MetaTrader 4 iOS trader for iPhone and iPad users, and MetaTrader 4 Android trader for smartphone and tablet devices. So, whatever device you’re using, FXGiants can accommodate you with MetaTrader. There is also another trading platform known as the personal multi-account manager. All these trading platforms are available in a live account format or a demo trading platform.

 

Deposit options

 

FXGiants accepts multiple deposit options, including Visa, MasterCard, bank wire, Neteller, Fasapay, Skrill, China Union, and DotPay. There are no deposit fees levied on these payment options, and no restrictions either. There may be withdrawal fees depending on the intermediary bank or institution, and credit cards will levy a fee of €2 per transaction. The maximum transaction amount for Visa and MasterCard is US$5,000.

 

Markets

 

The markets are listed under the trading products category at FXGiants. These include Forex, metals, spot indices and commodities, futures and shares.

Forex includes the following: AUD/CAD, AUD/CHF, CHF/SGD, EUR/AUD, GBP/JPY, GBP/USD, NZD/JPY, USD/HKD, USD/CAD and ZAR/JPY.

Metals include the following: spot palladium, spot platinum, spot gold, and spot silver.

Spot indices and commodities include the following: DAX, CAC, EuroStoxx50, S&P 500 index, Dow Jones 30, NASDAQ 100, FTSE 100, Swiss 20, Spain 35, Hong Kong 50, Japan 225, WTI oil spot, natural gas spot, BTC, and Brent crude oil spot.

Futures include the following: USD index, JP 225, China 50, FRA 40, UK100, P225, US 100, US oil, UK oil etc.

Shares include the following: Caterpillar Inc., Cisco Systems Inc., American Express, Alibaba Group Inc., Verizon communications, Johnson & Johnson, Pfizer Inc., AT&T Inc., Yahoo Inc., Amazon Inc., Tesla motors Inc., Starbucks, Morgan Stanley, Barclays PLC, Anglo American PLC, GlaxoSmithKline, and Vodafone Group PLC.

 

Bonuses

 

FXGiants offers new traders a 20% bonus advantage up to $2000, a $35 no deposit bonus to start trading with no deposit needed and a 100% bonus maximizer with unlimited potential.

 

Customer Support

 

Traders at FXGiants can access customer support by calling the UK telephone number, faxing the UK office or emailing [email protected]. The customer support telephone number in the UK is +44 0-207-523-5395, and the customer support email address is [email protected]. For trading desk support, customers can contact the following telephone number: +44 0-207-523-5378. The email address for the trading desk is [email protected]. The customer support representatives are experienced professionals with a wide range of knowledge on FX trading.

 

Safety

 

FXGiants is guaranteed secure, thanks to the FCA licensing and regulation. Further, all client funds are kept in segregated accounts to protect against losses if the company goes under.

 

Ease of Use

 

FXGiants is user-friendly and easily accessible. The trading platforms have been tailored to specifications, whether you are using a Mac, Android, PC or other device. The range of financial instruments is vast and includes dozens of currency pairs (major pairs, minor pairs and exotic pairs) with indices, commodities, futures, shares and metals.

 

Final Thoughts

 

Traders will benefit from the many resources available at FXGiants. The economic news, Forex glossary and live currency rates are especially useful, but it’s the promotions that really resonate. Watch for the wagering terms and conditions that are necessary to clear the bonuses since these have been known to be difficult.

Pros
  • Hundreds of tradable assets
  • Leverage from 1:1 – 1:500
  • Generous bonuses and promotional offers
  • FCA (UK) & ASIC (AU) regulated and segregated accounts
Cons
  • FXGiants does not offer services to USA, Iran, Cuba, Sudan, Syria and North Korea.
  • Economic news section is limited and dated, and no investment articles available
FXGiants Overview
Telephone: +44(0) 207 523 5394
Regulation: FCA (UK)
Pairs offered: 85+ including Major pairs, Minor pairs & Exotic pairs
Minimum Deposit: $100
Spreads From: 1.1 PIPs
Max Leverage: 500:1
Markets: Forex, Spot Metals, Futures, Shares, Spot Indices & Commodities Indices
Deposit Options
Pros
  • Hundreds of tradable assets
  • Leverage from 1:1 – 1:500
  • Generous bonuses and promotional offers
  • FCA (UK) & ASIC (AU) regulated and segregated accounts
Cons
  • FXGiants does not offer services to USA, Iran, Cuba, Sudan, Syria and North Korea.
  • Economic news section is limited and dated, and no investment articles available