Draft:Fxgt.com
| Company type | Platform |
|---|---|
| Industry | Financial services, Forex trading |
| Founded | 2019 |
| Headquarters | Seychelles |
Number of employees | 250+ |
| Website | https://fxgt.com/ |
Fxgt.com is an international online trading platform focusing on foreign exchange markets, CFDs, stocks, and indices. The group offers access to both MetaTrader 4 (MT4) and MetaTrader 5 (MT5).[1][2] In 2024, it got prominet because of $200 mln hack of users money per WSJ.[3] It was also a part of investigatin in 2021 regarding $45 billin crime spree.[4]
Fxgt.com operates within companies that are authorized and regulated by the Financial Sector Conduct Authority (FSCA) in South Africa,[5] the Financial Services Authority (FSA) in Seychelles, Vanuatu Financial Services Commission (VFSC) (for eligible counterparties only), and CySEC (for eligible counterparties only).[6][7]
History
FXGT was founded as an online trading platform in 2019, offering CFDs forex trading services to clients worldwide.[8][9][10] In 2022, the company was named the Best Hybrid Broker 2022 at the Fintech Awards.[11][12][13]
In 2023, FXGT underwent a brand renewal procedure, shifting to Fxgt.com with a new website and logo.[14][15] It introduced Pro (commission-free trading with assets in 10 different asset classes) and ECN (offering zero spreads and negative balance protection with a 40% stop-out option) accounts.[16] In the same year, the company got the Best Broker Award 2023 by AtoZ Markets.[17][18]
The platform provides stocks companies, such as Apple, Microsoft, JP Morgan, Disney, Netflix, and NVIDIA. It also allows trading crypto markets and has NFT instruments, including LNKUSD, ZRXUSD and RENUSD, and the GTi12 crypto index.[19]
References
- ^ "FXGT". AskTraders.com. Retrieved 2024-04-18.
- ^ Finance, Ehj (2019-05-20). Forex Trade Planner: Perfect Notebook to Track Your Trades. Independently Published. ISBN 978-1-0994-7549-8.
- ^ Journal, Gunjan Banerji | Photos by Gabriela Bhaskar for The Wall Street. "How I Got Hooked on the Hottest Trade in Markets—and Bagged a 2,000% Return". WSJ. Retrieved 2024-04-18.
- ^ "How to Stop a $45 Billion Crime Spree - The Journal. - WSJ Podcasts". WSJ. Retrieved 2024-04-18.
- ^ Ntatiso, Veliswa (2023-10-18). The Role of Financial Services Conduct Authority and Competition Commission in South African Financial Markets. GRIN Verlag. ISBN 978-3-346-95624-8.
- ^ Ltd, 360 Degrees Markets (2023-06-26). "Fxgt.com Adds MetaTrader 4 to its Trading Platform Offering". ACCESSWIRE News Room (Press release). Retrieved 2024-04-18.
{{cite press release}}: CS1 maint: numeric names: authors list (link) - ^ Hawk, Jay and Julie. "Best Forex Trading Software on the Market • Benzinga". Benzinga. Retrieved 2024-04-18.
- ^ ForexFraud. "FXGT". ForexFraud.com. Retrieved 2024-04-18.
- ^ "Fxgt.com Review – Can the broker be trusted?". www.forexnewsnow.com. Retrieved 2024-04-18.
- ^ "Fxgt.com: Pioneering a New Era in Trading with Crypto". Financial and Business News | Finance Magnates. 2023-12-06. Retrieved 2024-04-18.
- ^ Updated, Reviewer: Justin Freeman Review (2023-11-27). "FXGT". Forextraders.com. Retrieved 2024-04-18.
- ^ "What to look for before choosing a trusted FX broker?". Binance. Retrieved 2024-04-18.
- ^ Guppy, Daryl; Wong, Karen (2021-06-16). Stocks And Forex Trading: How To Win. World Scientific. ISBN 978-981-12-3688-4.
- ^ Content, Promotional. "Fxgt.com Unveils Brand Refresh with New Website and Logo". FX Empire (Press release). Retrieved 2024-04-18.
- ^ "Fxgt.com Unveils Brand Refresh with New Website and Logo". Yahoo Finance (Press release). 2023-04-23. Retrieved 2024-04-18.
- ^ "Форекс брокер Fxgt.com вводит Pro и ECN счета". ru.financemagnates.com (in Russian). 2023-11-28. Retrieved 2024-04-18.
- ^ "Fxgt.com BRINGS SMARTER TRADING TO ASIA". Yahoo Finance (Press release). 2023-09-11. Retrieved 2024-04-18.
- ^ "Fxgt.com CMO Shares Insights on Winning the Best Broker Award 2023". AtoZ Markets - Forex News & Trading Tools. Retrieved 2024-04-18.
- ^ "FXGT". AskTraders.com. Retrieved 2024-04-18.