Profile
This FXGiants review provides an in-depth look at the broker’s regulatory background, trading conditions, and platform capabilities. Operating under multiple entities with offshore and EU registrations, FXGiants targets retail clients worldwide with MetaTrader access, multi-asset CFDs, and high leverage. Transparency and investor protections vary significantly depending on the chosen entity.
Regulation and Safety
FXGiants is operated by several entities:
- Notesco Limited – Registered in Bermuda, unregulated (offshore)
- Notesco UK Limited – Formerly authorised by the FCA (license 585561), but now inactive
- Previously associated with IronFX Group
Currently, FXGiants clients are onboarded via Notesco Ltd in Bermuda, which is not regulated by any Tier 1 authority. Consequently, protections are limited:
- No compensation scheme (e.g., FSCS or ICF)
- No formal segregation guarantee or audit disclosures
- 2FA available but not mandatory
Execution Model and Trading Platforms
FXGiants uses a hybrid execution model combining market maker and STP routing, depending on account type. Platforms offered include:
- MetaTrader 4 (MT4) – desktop, web, and mobile
There is no MetaTrader 5 or proprietary platform. FIX API and VPS access are not officially listed or promoted.
Markets and Instruments
FXGiants offers over 200 CFD instruments across key asset classes:
- Forex – 70+ pairs, including majors, minors, and exotics
- Indices – Global indices such as US30, GER40, UK100
- Commodities – Gold, Oil, Silver, Natural Gas
- Shares – US and UK stock CFDs
- Futures – Commodity and index futures
- Cryptocurrencies – BTC, ETH, XRP (CFD-based)
Instruments are accessible via MT4, with leverage and trading hours varying by asset.
Accounts, Spreads and Leverage
FXGiants provides a wide range of account types:
- Live Floating Spread: Spreads from 1.2 pips, no commission
- Live Fixed Spread: Fixed spreads from 1.8 pips
- STP/ECN No Commission: Raw spreads, no commission, wider average spreads
- STP/ECN 0 Spread: Raw spreads from 0.0 pips + commission of $6/lot round-turn
- Live Zero Fixed Spread: Zero spread + high commission markup
Leverage up to 1:500 is available for forex, subject to margin requirements. Minimum deposit is $100. Stop-out level is 20%.
Funding and Base Currencies
FXGiants supports several deposit and withdrawal methods:
- Bank wire transfers (SWIFT)
- Credit/debit cards
- Skrill, Neteller, FasaPay, China UnionPay
- Cryptocurrency – BTC and others (via third-party processors)
Accepted base currencies: USD, EUR, GBP, JPY. Deposits are generally processed within 1 hour; withdrawals within 1–3 business days depending on method.
Client Protections and Features
Operating under offshore regulation, FXGiants offers minimal client protections:
- No negative balance protection formally guaranteed
- No investor compensation fund
- No published audit or financial disclosures
- Limited recourse in case of disputes
Basic platform security is provided through optional 2FA and SSL encryption.
Institutional and Retail Offering
FXGiants targets retail traders exclusively. Institutional services are not provided:
- No FIX API or liquidity services
- No white-label or MAM/PAMM solutions listed
- Focus on promotional bonuses and retail leverage
Educational resources and market research tools are limited to basic content.
Pros and Cons
Pros
- MT4 platform access with mobile/web options
- Wide variety of account types
- High leverage up to 1:500
- Diverse asset selection including crypto CFDs
- Supports both fixed and variable spreads
Cons
- Unregulated offshore entity (Bermuda)
- No FSCS or ICF investor protection
- Limited transparency on execution and pricing
- No MT5, FIX API, or institutional tools
- Mixed reputation due to legacy IronFX links
Frequently Asked Questions
Is FXGiants regulated?
No, FXGiants is currently operated via Notesco Ltd in Bermuda, which is not regulated by any major financial authority.
What trading platforms does FXGiants offer?
FXGiants offers MetaTrader 4 (MT4) for desktop, web, and mobile trading.
What account types are available at FXGiants?
Account types include Live Floating, Fixed Spread, STP/ECN with or without commission, and Zero Fixed Spread accounts.
What is the maximum leverage at FXGiants?
FXGiants offers leverage up to 1:500 for forex trading, depending on account type and margin used.
Is FXGiants suitable for institutional traders?
No, FXGiants is focused on retail traders and does not offer institutional features like FIX API, MAM/PAMM, or prime brokerage.