FXGiants
Who is FXGiants?
FXGiants is an international forex and CFDs broker, established and founded in 2015, with a solid reputation as a reliable option for traders of all experience types, from beginners to professionals. Clients have the ability to trade on more than 300 instruments from a total of six asset classes, as well as benefiting from competitive trading conditions, low spreads, flexible leverage and a good choice of promotions and bonuses. Users can trade using the widely regarded MetaTrader (MT4) trading platform, which is available to download and use on desktop, tablet, and mobiles devices, including on the iOS and Android forex trading app. There is also a good choice of payment methods and options available to traders that open a live forex trading account with this broker. Moreover, FXGiants is a fully licensed broker and is authorised and regulated by the Financial Conduct Authority (FCA) in the United Kingdom, as well as the Australian Securities and Investments Commission.
Commissions and Fees
In general, FXGiants has relatively low fees, when compared with other similar brokers from within the industry. The exact trading costs vary depending on the account type opened and the market that is traded. Specific information relating to the spread amount can be clearly found on the broker’s website, with FXGiants offering full transparency across the board. This broker does not charge a fee in terms of fund execution, but there may be costs incurred when depositing and withdrawing funds, depending on the payment method used. There are no inactivity fees charged to clients that have trading accounts that have remained inactive for a certain, defined period.
Trading Accounts
FXGiants offers a variety of trading accounts, suitable to all types of traders with differing investing goals. Clients can It is also possible to register multiple trading accounts, by selecting the various options within the client portal upon opening a primary trading account. With regards to live trading accounts, there are three options: Live Floating Spread, Live Fixed Spread, and Live Zero Fixed Spread. Moreover, traders can choose from STP/ECN account options, which are listed as No Commissions, Zero Spread, and Absolute Zero.
Education and Research
This broker does not have the broadest of educational offerings in terms of tools and resources, but it does have a wide range of information published on its website. Clients do not have to look far for helpful pages containing details on trading instruments, account types, platforms, and promotions, while there is a handy FAQ section with detailed answers to a selection of trading-related questions.
Pros and Cons
FXGiants offers fast fund execution, dynamic platforms, 24/5 client support and a good array of tradable instruments for clients to trade on. The broker has a virtual private server (VPS) which allows clients to execute trades quickly and without delay, while traders can trade on the industry standard MetaTrader 4 (MT4) trading platform with ease. It is quick and easy to sign up and register for a trading account with this broker, and its customer support team has a better than average response time than other brokers within the industry. This broker does not support MetaTrader 5 (MT5) currently.
About FXGiants
FXGiants is widely regarded as a reputable, efficient broker, and a good choice for traders of all experience levels, due to its commission-free trading, flexible leverage and the excellent range of tradable instruments offered. It is an established broker, offering platforms and services across multiple devices across desktop and mobile, with generally low trading fees and good overall trading conditions.