This FXGT review evaluates the hybrid broker’s regulatory status, account variety, crypto offering, and multi-platform support. Operated by 360 Degrees Markets Ltd and GT IO Markets Ltd, FXGT caters to both beginner and professional traders, with a unique blend of forex, crypto, and CFD trading backed by MetaTrader platforms and regional regulation.

Regulation and Safety

FXGT operates under multiple entities:

• GT IO Markets (Pty) Ltd – FSCA (South Africa) regulated, FSP No. 48896
• 360 Degrees Markets Ltd – Regulated by the FSA Seychelles, license SD019

While FSCA oversight adds a layer of trust for South African traders, the Seychelles FSA is considered a Tier 3 offshore regulator. Client protections include:

• Negative balance protection
• Segregated client funds
• Two-factor authentication (2FA) on client portals
• Data protection protocols

Execution Model and Trading Platforms

FXGT uses a hybrid STP/ECN execution model. Orders are routed through top-tier liquidity providers with minimal dealing desk intervention. Supported platforms include:

• MetaTrader 4 (MT4) – desktop, mobile, and web
• MetaTrader 5 (MT5) – all devices, with additional assets

Execution is fast and supports scalping, hedging, and algorithmic trading. No FIX API is offered, but a VPS can be arranged for high-frequency users.

Markets and Instruments

FXGT offers a broad range of over 250 instruments including:

• Forex – 50+ pairs including majors, minors, and exotics
• Cryptocurrencies – BTC, ETH, XRP, LTC, and 30+ others
• Indices – US30, NAS100, GER40, JP225
• Commodities – Gold, Silver, Crude Oil, Natural Gas
• Stocks – US, EU, and global equities
• ETFs – Limited selection on MT5

Leverage varies by asset and client type, with crypto CFDs offering up to 1:20 and forex up to 1:1000 under certain conditions.

Accounts, Spreads and Leverage

FXGT offers five main account types:

• Cent Account: For beginners, micro-lot trading, spreads from 1.4 pips
• Mini Account: Lower minimums, spreads from 1.2 pips
• Standard+ Account: Moderate spreads (1.0–1.5 pips), no commission
• ECN Account: Raw spreads from 0.0 pips + $6/lot round-trip
• PRO Account: Optimised for high-volume traders, reduced commission

Leverage: Up to 1:1000 for forex, 1:20 for crypto. Minimum deposit varies by account type (starting at $5 for Cent).

Funding and Base Currencies

FXGT supports a wide array of deposit methods:

• Credit/debit cards
• Bank wire transfers
• Crypto wallets – BTC, ETH, USDT, XRP, BNB
• eWallets – Skrill, Neteller, FasaPay

Supported base currencies: USD, EUR, ZAR, JPY, BTC, ETH, USDT. Deposits are typically instant for crypto and eWallets. Withdrawals are processed within 24 hours, often same-day for crypto.

Client Protections and Features

FXGT offers retail-level protections across its regulated entities:

• Negative balance protection on all accounts
• 2FA and biometric access on mobile app
• Segregated accounts at reputable banks
• Daily financial reconciliation (internal)

There is no FSCS/ICF equivalent under Seychelles law, but FSCA oversight provides additional credibility in South Africa.

Institutional and Retail Offering

FXGT is primarily retail-focused, though high-volume traders have access to:

• PRO and ECN accounts with raw pricing
• Dedicated account managers
• Customisable commission rates
• VPS access (on request)

No FIX API, white-label, or prime brokerage services are currently offered.

Pros and Cons

Pros

• Supports both MT4 and MT5 with crypto and forex
• FSCA and Seychelles FSA regulated
• Diverse account types for all trader levels
• Crypto deposits with fast withdrawal times
• Leverage up to 1:1000 available

Cons

• No FIX API or professional liquidity access
• Limited ETF selection
• Seychelles regulation lacks strong client compensation coverage

Frequently Asked Questions

Is FXGT a regulated broker?

Yes, FXGT operates under FSCA (South Africa, FSP 48896) and Seychelles FSA (SD019), providing oversight across two jurisdictions.

What platforms does FXGT offer?

FXGT supports MetaTrader 4 and MetaTrader 5, available on desktop, mobile, and web versions.

Does FXGT accept crypto deposits?

Yes, traders can deposit and withdraw using cryptocurrencies such as Bitcoin, Ethereum, USDT, and BNB.

What is the maximum leverage available at FXGT?

Leverage goes up to 1:1000 for forex trading, and up to 1:20 for crypto CFDs depending on account and jurisdiction.

Is FXGT suitable for professionals?

While FXGT lacks FIX API or white-label services, its PRO and ECN accounts, VPS, and high leverage appeal to high-frequency and semi-professional traders.