Is FXGiants A Safe Broker?

First, the ways to deposit and withdraw funds are quite limited. Second, and more important, there is no regulatory information whatsoever. There are so many scammers in the Forex industry and I take a very careful approach with my money. The main advantage of fxgiants is the wide variety of smart trading tools including technical, fundamental and sentiment https://limefx.name/ analysis tools and advance charting package. It provides performance analysis of other traders to help you find the traders to copy and risk management tools to help you exit trades when traders don’t perform. This is the most powerful trading platform I ever used, and it allows you to analyze trading, apply strategies, and trading in one place.

FXGiants offers a wide array of payment methods to deposit funds into a trading account such as Visa, Neteller, Skrill, Wire Transfer, Bitwallet, UnionPay and Digital Assets. As we said, you need to read the fine print in the Terms and Conditions and you will understand why you don’t find too many positive LimeFx opinions out there. And just to make you better understand the situation, we will take you to their very own terms and conditions where they even have examples of how you will never get that money. At a 10,000 USD deposit (huge, right?), they will give you another 10,000 we will call they Monopoly money, because the currency is irrelevant. You make 10,000 USD profit , and you will be able to withdraw 15,000 USD. TradingBrokers.com is for informational purposes only and not intended for distribution or use by any person where it would be contrary to local law or regulation.

Features

We saw that customers get direct access to top-tier banks and inter-bank prices. Furthermore, FXGiants services retail and institutional investors in over 150 countries around the world, offering more than 200 different financial instruments. The broker offers flexible leverage of up to 500 to 1 on some of its trading instruments. Trading is delivered primarily through the MetaTrader 4 platform that is well known in the online trading community. There is a good reason for this, as the MetaTrader 4 platform is incredibly stable and offers a high degree of customisability, making it the perfect platform for both novice and advanced traders alike.

Scam brokers guarantee unbelievable returns but at the end the trader becomes the victim of those false guarantees. I don’t know how it will be with large sums, I’m still far from that personally. I started with a demo account, then replenished the main one and received a bonus. The quality of service is excellent, the support is round the clock. My percentage of successful transactions is growing every month, albeit a little, but there is still a dynamic.

Support

A disadvantage of the mobile platform is that it is not able to run automated trading systems. Between 74-89% of retail investor accounts lose money when trading CFDs with this provider. Like others, FXGiants also make money from cutting a small amount of commission from every trade made by the traders. Besides, Fixed and variable, both types of spreads are also an earning source of this broker.

Users looking for enhanced security, trading performance, and ease of use can avail of the VPS—Virtual Private Server—FXGiants make available for users of the platform. To gain access to this, a minimum deposit of USD$1,000 to the platform is required. This feature protects you from power cuts, computer failure, and lag in internet speeds.

Choose from Two Types of Demo Trading Account at FXGiants

This is evident from their lack of knowledge and inability to assist with any concerns clients may have. Yes, clients of an offshore entity are entitled to a deposit bonus when opening an account. The situation here is similar, with the first account having a spread of 1.7 pips, the second one having a commission of $3.75 per lot per side, and the last one starting from 0.2 pips. If you look atTrustpilot, for example, you will find broker rated average.

Some may allow free unlimited withdrawals, one free withdrawal monthly, or charge for each transaction. Brokers may allow traders with premium accounts to place , guaranteeing to close a trade at the trader’s recommended price regardless of market conditions. Trading costs with FXGiants vary according to the market being traded and the account type opened.

User Reviews

Withdrawal requests are processed within the same day or next if outside working hours. The withdrawal time can vary depending on the payment provider and method. Bank transfers may take a few business days to clear whilst some methods can be instant.

• Before choosing a broker, consider the investor protection they offer.
• The spreads are quite competitive for the quoted minimum account sizes.
• The broker also offers decent bonuses and trading incentives, and provides customer service via email, phone and live chat.
• I highly recommend checking it out even if not for this particular reason.
• If we talk about data and transactions’ security, nothing is mentioned regarding the softwares that the broker uses for the purpose.

Well, I will tell you how it goes in the medium-long term, direct experience, I can provide the evidence. FXGiants BM is a global offering of FXGiants that is managed by Notesco Limited and registered in Bermuda. The broker puts immense pressure on you to transfer the funds immediately. FxGiants broker is not regulated by a well known authority and if it claims to be regulated somewhere, there is no proof of it. If the account has been inactive for 12 months, a $50 fee is charged.

These bonuses are not very significant and may come with steeper redemption requirements. Again, it is very important to emphasize the fact that forex deposit bonuses are not available in all countries and may be subject to regulatory restrictions. limefx forex brokers reviews Traders should check with their broker and local regulatory authorities to determine whether deposit bonuses are available in their country. MT4 is fully responsive therefore traders can access it through their phones as well.

This makes it an excellent choice for both experienced and novice traders. Its mobile app features all of the tools of the desktop platform formatted to fit a smaller mobile screen. Buy, sell, perform currency research and view charts all from the palm of your hand. It offers a comprehensive range of trader education courses organized by experience and skill level. You can find beginner, intermediate and advanced level courses directly on its website.

Under these regulatory bodies, customer accounts are fully segregated from the broker’s accounts, and customer funds are protected in the event of FXGiants going bankrupt. PMAM allows traders to manage multiple MT4 accounts while implementing different trading strategies. This is a good solution for those who trade with Expert Advisers. Fxgiants has an excellent trading platform, for beginners like me it is very convenient to use, no hassle and easy to understand and I can gain a lot of money. To receive the compensation, you must open an account «Live Floating Spread» and deposit funds on the deposit.

Best Forex Brokers with a $10 Minimum Deposit

Most of the complaints you will read about this operator were posted in 2015, when they apparently pursued a policy of making it as difficult as possible for their clients to withdraw money. FXGiants are no longer looking to attract deposits while denying withdrawals, and their new approach has seemingly breathed new life into the entire setup. Making deposits and withdrawals to and from the FXGiants platform is a relatively seamless affair, and you definitely get a sense that customer trust and safety is a priority for FXGiants.

If your country is not accepted, you may wish to take a look at our broker reviews for an alternative option. The support team, comprises of reliable personnel, offers contemporary and reliable solutions for any trading problem their clients face. limefx This company offers various, quick and safe payment methods for their clients’ convenience. Withdrawal amounts are typically limited to $50,000 per transaction or currency equivalent, and withdrawal fees apply to some of the payment methods.

Detailed information is available on the website fxgiants.com. Upon completion of this procedure, fxgiants.com will become the customer’s working website, where information that FXGiants is a brand of Notesco Limited, registered on Bermuda Islands. In 2015, for example, IronFX UK Limited, by that time a world-known company operating under the IronFX brand, was re-registered to IRONFX GLOBAL UK LIMITED due to the change in policy.

Forex broker provides customers with profitable forex and CFD trading, as well as bonuses and affiliate program. Traders can also connect their trading account to FXGiants’ free MT4 Virtual Private Server and make the most out of trading. This allows clients to access their trading account from anywhere, anytime, eliminate downtime and insert speed to their trades. The minimum deposit amount required to register an FXGiants Professional live trading account is $100 USD. Every day, thousands of people fall into the traps laid by scam brokers. These scam brokers go to any extent to trick innocent traders into putting their money with the scam brokerage firms.

The Premium Account is a sort of upgraded version of the Micro. It too offers the same spread-type choice, but it requires a minimum deposit of $2,500. With the Floating Spread system, the minimum spread can be as low as 0.7 pips. With the Fixed system, this minimum is 1.2 pips – significantly better than with the Micro Account. It is clearly stated that all trading instruments offered by the company, as well as currency pairs of the Forex market, are the contracts for difference . In addition, trading in the platform is a simple agreement between the broker and the client, it is a bet on a rise or fall, which «do not go» beyond the trading terminal FXGiants .