FXGT, a global forex and CFD broker, operates in Malaysia, providing trading services to local investors. This overview examines FXGT’s offerings, regulatory status, and key features for Malaysian traders.
Regulatory Status in Malaysia
FXGT operates in Malaysia without local regulation. The company holds licenses from:
- Financial Services Authority (FSA) of Seychelles
- Financial Sector Conduct Authority (FSCA) of South Africa
- Vanuatu Financial Services Commission (VFSC)
Malaysian traders should note that these regulators do not provide local protection.
Account Types Available for Malaysian Traders
- Mini Account
- Standard+ Account
- PRO Account
- ECN Account
| Feature | Mini | Standard+ | PRO | ECN |
| Min. Deposit | $5 | $5 | $5 | $5 |
| Spreads from | 10 points | 10 points | 5 points | 0 points |
| Commission | $0 | $0 | $0 | Up to $6 per lot |
| Leverage | Up to 1:1000 | Up to 1:1000 | Up to 1:1000 | Up to 1:1000 |
| Instruments | Forex, Indices, Metals, Energies | + Cryptos, Stocks | + DeFi, NFTs | All instruments |
Key MT5 Features
- Advanced charting tools
- Multiple order types
- Automated trading support
- Market depth information
- Economic calendar integration
Trading Platforms for Malaysian Clients
FXGT provides access to MetaTrader 5 (MT5) for Malaysian traders:
- Desktop version (Windows, Mac)
- WebTrader
- Mobile apps (iOS, Android)
Trading Instruments
Malaysian traders can access various markets through FXGT:
- Forex: Major, minor, and exotic pairs
- Cryptocurrencies: Bitcoin, Ethereum, and others
- Indices: Global stock indices
- Commodities: Metals, energies
- Stocks: CFDs on international shares
- Synthetic pairs: Unique crypto-based instruments
Deposit and Withdrawal Methods for Malaysian Traders
FXGT offers several payment options for Malaysian clients:
- Bank wire transfer
- Credit/debit cards (Visa, Mastercard)
- E-wallets (specific options may vary)
- Cryptocurrencies (Bitcoin, Ethereum, others)
Note: Available methods may change. Check the FXGT website for current options.
Leverage and Margin Requirements
FXGT offers leverage up to 1:1000 for Malaysian traders. However, leverage levels vary based on:
- Account type
- Instrument traded
- Position size
Table: Margin Call and Stop Out Levels
Account Type | Margin Call | Stop Out |
Mini | 70% | 40% |
Standard+ | 70% | 40% |
PRO | 50% | 20% |
ECN | 70% | 40% |
Traders should understand the risks associated with high leverage.
Educational Resources and Trading Tools
FXGT provides educational materials for Malaysian traders:
- Video tutorials
- Trading guides
- Market analysis
- Economic calendar
- Trading signals
Additional tools include:
- Advanced MT5 toolkit
- VPS hosting (conditions apply)
- Sentiment indicators
Customer Support for Malaysian Traders
FXGT offers customer support through:
- Email: [email protected]
- Live chat on the website
- Social media channels
Support is available 24/7, but response times may vary.
Promotions and Bonuses
FXGT occasionally offers promotions for Malaysian traders:
- Welcome bonuses
- Deposit bonuses
- Loyalty programs
Note: Terms and conditions apply. Traders should read and understand bonus requirements before participating.
Account Opening Process for Malaysian Traders
Steps to open an FXGT account in Malaysia:
- Visit the FXGT website
- Click “Open Account”
- Fill in personal information
- Choose account type
- Upload verification documents
- Await account approval
- Fund account and start trading
Required documents typically include:
- Government-issued ID
- Proof of address (recent utility bill or bank statement)
Risk Management Features
FXGT provides risk management tools for Malaysian traders:
- Stop loss orders
- Take profit orders
- Trailing stops
- Negative balance protection
- Price alerts
Traders should utilize these features to manage their risk exposure.
Feedback
We have collected reviews from our users and what they write:
“Honestly, the reason why I decided to write my review is that I’m grateful to this broker for stable services. I mean, for almost two years I never had any problems with trading platform or any other services.Besides, I’m grateful to broker for help in trading through special services. For example, I benefit from indicators that FXGT provide to clients for free. And I really like the way lot size calculation system work. Combined with large selection of assets, such a system creates comfortable trading environment. I think my attitude towards this broker more than positive. I’m happy with conditions and tools, and I make profit. And I feel care. Most likely, this is exactly what I needed.” -Tran Xuan
“I’ve not been trading here for long, but the broke is okay… very good in most areas. But when it comes to the types of trading platforms available for instance, they could offer a bit more.” -Ashraf bin Aayid
“It’s been only the 2nd month of trading with the fxgt broker and I pretty much like it. I like the platform, all the tools integrated into, number of assets and so on. It’s also cool that they cover expenses on deposits and withdrawals. The speed of them is okayish, but not all the time, it depends on the method, so some delays may occur. In general, I can recommend these guys.” -Hiroshi t.
“A pretty solid trading platform if you ask me. I decided to give the gti12 index a try and it was not bad. I do not think that inexperienced traders should try it though, becaus it is an index for cryptos, so it is very volatile, but it is a good instrument to trade.👍” -Burin Chatichai
FAQ: Preguntas Frecuentes
How can I verify my FXGT account as a Malaysian trader?
To verify your account, submit clear copies of your Malaysian ID or passport and a recent utility bill or bank statement showing your name and address. Upload these documents through your FXGT client portal. Verification usually takes 1-2 business days.
What should I do if I experience login issues with my FXGT MT5 platform?
If you encounter login problems, first ensure your internet connection is stable. Double-check your login credentials, including server details. If issues persist, clear your browser cache or reinstall the MT5 application. Contact FXGT support via email or live chat if you still can’t access your account.
How can I manage my risk when trading with high leverage on FXGT?
To manage risk with high leverage, consider these steps:
- Use stop-loss orders on all trades
- Limit your position sizes to a small percentage of your account balance
- Regularly monitor your margin levels
- Utilize the risk management tools provided by FXGT
- Educate yourself on proper risk management techniques through FXGT’s educational resources
