FXGT Account Types: Choosing the Right Trading Account
Best Global Trading Conditions 2024
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FXGT offers four main account types to cater to different trading needs:
- Mini Account
- Standard+ Account
- PRO Account
- ECN Account
Each account type has unique features, trading conditions, and target users.
Comparison Table of FXGT Account Types
Feature | Mini | Standard+ | PRO | ECN |
Minimum 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 | Limited | Full Range | Full Range | Full Range |
Promotions | Yes | Yes | No | No |
Standard+ Account
The Standard+ Account offers a balance between accessibility and advanced features.
Key features:
- $5 minimum deposit
- No commissions
- Spreads from 10 points
- Full range of trading instruments
- Access to promotions and bonuses
Suitable for:
- Intermediate traders
- Those seeking a balance of cost and features
- Traders interested in a wide range of assets
Mini Account
The Mini Account is designed for beginners and traders with limited capital.
Key features:
- Low minimum deposit: $5
- Commission-free trading
- Spreads from 10 points
- Access to major trading instruments
- Eligible for promotions and bonuses
Suitable for:
- New traders
- Those testing strategies
- Traders with small capital
PRO Account
The PRO Account caters to experienced traders seeking advanced conditions.
Key features:
- $5 minimum deposit
- No commissions
- Tighter spreads from 5 points
- Full range of trading instruments
- No promotions or bonuses
Suitable for:
- Professional traders
- High-volume traders
- Those prioritizing tight spreads over bonuses
ECN Account
The ECN Account offers direct market access with raw spreads.
Key features:
- $5 minimum deposit
- Commission up to $6 per lot
- Raw spreads from 0 points
- Full range of trading instruments
- No promotions or bonuses
Suitable for:
- Expert traders
- Scalpers and high-frequency traders
- Those seeking the tightest spreads possible
Leverage Options
FXGT offers leverage up to 1:1000 across all account types. Leverage levels vary based on:
- Instrument traded
- Account equity
- Regulatory restrictions
Account Currencies
FXGT supports multiple account currencies:
- USD (US Dollar)
- EUR (Euro)
- GBP (British Pound)
- JPY (Japanese Yen)
- BTC (Bitcoin)
- ETH (Ethereum)
- USDT (Tether)
Table: Maximum Leverage by Instrument Type
Instrument | Maximum Leverage |
Major Forex Pairs | 1:1000 |
Minor Forex Pairs | 1:500 |
Cryptocurrencies | 1:20 |
Indices | 1:200 |
Commodities | 1:100 |
Trading Platforms
All FXGT account types offer access to:
- MetaTrader 5 (MT5)
- Desktop version
- WebTrader
- Mobile apps (iOS and Android)
- MetaTrader 4 (MT4)
- Desktop version
- WebTrader
- Mobile apps (iOS and Android)
Margin Requirements
Margin requirements differ based on account type and instrument:
- Mini and Standard+: Higher margin requirements
- PRO and ECN: Lower margin requirements for certain instruments
Formula: Margin = (Lot Size * Contract Size * Price) / Leverage
Swap Rates and Overnight Fees
Swap rates apply to positions held overnight:
- Rates vary by instrument and direction (long/short)
- PRO and ECN accounts may have lower swap rates
- Swap-free (Islamic) accounts available upon request
Deposit and Withdrawal Methods
Available payment options for all account types:
- Bank Wire Transfer
- Credit/Debit Cards
- E-wallets (Skrill, Neteller)
- Cryptocurrencies (Bitcoin, Ethereum)
Processing times and fees may vary by method and account type.
Account Opening Process
Steps to open an FXGT account:
- Visit the FXGT website
- Click “Open Account”
- Choose account type
- Fill in personal information
- Upload verification documents
- Await approval (typically 1-2 business days)
- Fund account and start trading
Account Upgrades and Downgrades
Traders can switch between account types:
- Log in to the client portal
- Navigate to “Account Management”
- Select “Change Account Type”
- Choose desired account type
- Confirm changes
Note: Changing account types may affect open positions and bonuses.
Demo Accounts
FXGT offers demo accounts for all account types:
- Practice with virtual funds
- Test strategies risk-free
- Familiarize with trading platforms
- No time limit on demo usage
Islamic (Swap-Free) Accounts
FXGT provides swap-free accounts for Islamic traders:
- Available for all account types
- No overnight fees charged
- May have different spreads or commissions
- Requires proof of Islamic faith
Multi-Account Manager (MAM)
FXGT supports MAM functionality for money managers:
- Manage multiple client accounts
- Allocate trades proportionally
- Customize client permissions
- Available for PRO and ECN accounts
Account Security Features
FXGT implements security measures across all account types:
- Two-factor authentication (2FA)
- SSL encryption for data transmission
- Segregated client funds
- Regular security audits
Corporate Accounts
FXGT offers corporate accounts for business entities:
- Tailored solutions for companies
- Higher withdrawal and deposit limits
- Dedicated account manager
- Custom trading conditions available
Contact FXGT directly for corporate account inquiries.
VIP Account Status
High-volume traders may qualify for VIP status:
- Lower spreads
- Higher leverage options
- Priority customer support
- Exclusive market analysis
- Personalized account management
Criteria for VIP status varies; contact FXGT for details.
Educational Resources
FXGT provides educational materials for all account holders:
- Video tutorials
- Trading guides
- Webinars
- Market analysis
- Economic calendar
Access may vary by account type.
Customer Support
All FXGT account types receive customer support:
- 24/5 support via email and live chat
- Multilingual support team
- Dedicated phone support for VIP accounts
Account Inactivity Policy
FXGT may apply inactivity fees:
- Accounts inactive for 90 days may incur fees
- Fee amount varies by account type
- Reactivation possible by placing a trade or depositing funds
Regulatory Compliance
FXGT accounts comply with regulatory requirements:
- KYC (Know Your Customer) procedures
- AML (Anti-Money Laundering) policies
- Negative balance protection
- Risk disclaimers provided
FAQ: Preguntas Frecuentes
How do I choose the right FXGT account type for my trading needs?
To select the appropriate account type:
- Assess your trading experience level
- Consider your typical trade volume
- Evaluate your preference for tight spreads vs. bonuses
- Review the minimum deposit requirements
- Compare the available instruments for each account type
- If unsure, start with a demo account to test different types
Contact FXGT support for personalized advice on account selection.
Can I change my account type after opening an FXGT account?
Yes, you can change your account type:
- Log in to your FXGT client portal
- Navigate to “Account Management”
- Select “Change Account Type”
- Choose your desired new account type
- Review and accept any changes in trading conditions
- Submit your request for approval
Note that changing account types may affect open positions and active bonuses. Contact support if you need assistance with the process.
What should I do if I experience technical issues with my FXGT trading account?
If you encounter technical problems:
- Check your internet connection
- Verify your login credentials
- Clear your browser cache or restart the trading platform
- Check FXGT’s system status page for any known issues
- If problems persist, contact technical support at [email protected]
- Provide detailed information about the issue, including screenshots if possible
- Follow the support team’s instructions for troubleshooting