Are you wondering, "Which account type at FXGT will give me the lowest spreads?" or "Are FXGT's cryptocurrency spreads really that narrow?"
This article introduces the spreads for all instruments offered by FXGT, categorized by account type
information on the characteristics of different time zones and compares spreads with other overseas forex brokers , so please use it as a reference.
You should also check FXGT's reviews and reputation information about its safety and instances of withdrawal refusals
Contents
- 1 FXGT's list of spreads for all instruments by account type
- 1.1 List of spreads for major currency pairs by account type
- 1.2 List of spreads for minor currency pairs by account type
- 1.3 List of spreads for exotic currency pairs by account type
- 1.4 List of spreads by account type for cryptocurrencies
- 1.5 List of spreads by account type for synthetic cryptocurrencies
- 1.6 Spread list by account type for Metal (Gold/Silver)
- 1.7 Energy Spread List by Account Type
- 1.8 List of stock index spreads by account type
- 1.9 List of stock spreads by account type
- 2 Features of FXGT's spreads
- 3 Spread comparison between FXGT and other overseas forex brokers
- 4 Who is trading with FXGT suitable for?
- 5 Frequently Asked Questions about FXGT's Spreads
- 6 Summary of FXGT's spreads
FXGT's list of spreads for all instruments by account type
When you start trading with FXGT, the spread is an important factor that directly impacts your trading costs
Here, we will introduce the spreads for the following instruments for each type of FXGT account
To find the account that best suits your trading style and frequency, it's important to compare the spreads of each account
Let's see which account type best suits your trading strategy
- List of spreads for major currency pairs by account type
- List of spreads for minor currency pairs by account type
- List of spreads for exotic currency pairs by account type
- List of spreads by account type for cryptocurrencies
- List of spreads by account type for synthetic cryptocurrencies
- Spread list by account type for Metal (Gold/Silver)
- Energy Spread List by Account Type
- List of stock index spreads by account type
- List of stock spreads by account type
List of spreads for major currency pairs by account type
Major currency pairs, which are the most frequently traded in FX trading, generally have narrow spreads due to their high liquidity.
FXGT offers different spreads for each account type, as follows:
| currency pair | Optimus account | PRO account | ECN Zero Account | Mini Account | Standard+ Account |
|---|---|---|---|---|---|
| USD/JPY | 1.3 | 0.8 | 0.2 | 1.9 | 1.8 |
| EURUSD | 1.0 | 0.7 | 0.1 | 1.8 | 1.6 |
| GBPUSD | 1.2 | 0.8 | 0.2 | 2.0 | 1.7 |
| AUDUSD | 1.4 | 1.3 | 0.5 | 2.2 | 2.0 |
| NZDUSD | 1.6 | 1.4 | 0.8 | 2.2 | 2.1 |
| USDCAD | 1.3 | 0.8 | 0.2 | 1.6 | 1.4 |
| USD CHF | 1.3 | 1.2 | 0.6 | 2.3 | 2.2 |
| EURGBP | 1.2 | 0.8 | 0.3 | 1.9 | 1.6 |
| EURCHF | 1.5 | 1.0 | 0.6 | 1.8 | 1.7 |
In particular, our ECN accounts offer competitively narrow spreads within the industry
Choose the account with the most favorable spread that suits your trading volume and trading style
List of spreads for minor currency pairs by account type
tend to have wider spreads compared to major currency pairs because they have lower trading volumes .
FXGT allows trading of minor currency pairs, but the spreads vary depending on the account type, as follows:
| currency pair | Optimus account | PRO account | ECN Zero Account | Mini Account | Standard+ Account |
|---|---|---|---|---|---|
| AUDCAD | 1.2 | 1.0 | 0.5 | 1.6 | 1.4 |
| AUDCHF | 1.1 | 1.0 | 0.4 | 1.9 | 1.6 |
| AUDJPY | 1.3 | 1.1 | 0.2 | 1.8 | 1.6 |
| AUDNZD | 1.7 | 1.5 | 0.8 | 2.0 | 1.9 |
| CADCHF | 1.7 | 1.3 | 0.8 | 2.0 | 1.9 |
| CADJPY | 3.2 | 3.0 | 1.4 | 3.6 | 3.4 |
| CHFJPY | 2.7 | 2.2 | 1.2 | 3.2 | 2.8 |
| EURAUD | 2.3 | 1.7 | 1.2 | 2.8 | 2.5 |
| SERNZD | 2.0 | 1.9 | 1.3 | 2.9 | 2.8 |
| EURCAD | 2.0 | 1.8 | 1.3 | 2.8 | 2.5 |
| EURJPY | 1.7 | 1.7 | 1.0 | 2.2 | 2.1 |
| GBPAUD | 2.3 | 1.8 | 1.2 | 2.9 | 2.6 |
| GBPNZD | 1.9 | 2.2 | 1.0 | 2.0 | 2.4 |
| GBPCAD | 2.4 | 1.7 | 0.8 | 2.7 | 2.6 |
| GBPCHF | 2.5 | 2.0 | 1.0 | 2.7 | 2.6 |
| GBPJPY | 2.0 | 1.7 | 1.1 | 2.8 | 2.7 |
| NZDCAD | 1.6 | 1.4 | 0.4 | 2.9 | 2.0 |
| NZDCHF | 2.5 | 2.3 | 1.2 | 3.9 | 3.2 |
| NZDJPY | 1.5 | 1.2 | 0.3 | 2.2 | 2.1 |
To minimize transaction costs while taking advantage of opportunities, it's crucial to check the spreads of each account beforehand and make a careful selection
List of spreads for exotic currency pairs by account type
Exotic currency pairs are combinations of major currencies such as the US dollar or the euro with emerging market currencies such as the Turkish lira or the South African rand
are characterized by wider spreads compared to other currency pairs
At FXGT, we offer these exotic currency pairs with the following spreads to meet specific needs, such as high-interest currencies:
| currency pair | Optimus account | PRO account | ECN Zero Account | Mini Account | Standard+ Account |
|---|---|---|---|---|---|
| AUDSGD | 7.0 | 6.7 | 0.7 | 8.1 | 7.2 |
| USDCZK | 14.5 | 14.1 | 11.8 | 14.1 | 14.9 |
| USDSGD | 18.3 | 17.7 | 16.7 | 19.5 | 19.0 |
| USDHUF | 31.5 | 27.2 | 23.9 | 29.8 | 33.4 |
| USDMXN | 99.4 | 80.8 | 76.9 | 99.7 | 99.6 |
| USDNOK | 148.5 | 136.0 | 123.3 | 155.3 | 150.3 |
| freeSEK | 59.2 | 52.5 | 47.0 | 62.8 | 62.2 |
| USDTRY | 486.0 | 448.2 | 408.2 | 1682.0 | 1580.0 |
| USDZAR | 113.7 | 112.9 | 82.7 | 126.0 | 125.0 |
| USDPLN | 59.2 | 26.7 | 18.7 | 31.1 | 30.7 |
| USDCNH | 26.2 | 25.6 | 24.1 | 27.8 | 27.4 |
| USDDKK | 38.0 | 33.6 | 27.2 | 38.9 | 38.7 |
| USDHKD | 18.2 | 12.9 | 10.9 | 19.8 | 19.3 |
| EURHUF | 27.0 | 20.3 | 14.3 | 66.0 | 66.0 |
| RNOK | 75.0 | 61.7 | 49.9 | 170.0 | 165.0 |
| EURSEK | 15.0 | 11.8 | 10.2 | 15.9 | 15.2 |
| EURTRY | 860.0 | 855.8 | 850.0 | 1172.8 | 862.0 |
| EURPLN | 47.1 | 44.3 | 36.6 | 47.8 | 47.5 |
| SERDKK | 17.6 | 16.3 | 14.5 | 24.0 | 21.4 |
| CHFDKK | 32.7 | 32.5 | 15.9 | 34.1 | 33.5 |
| CHFSGD | 12.9 | 12.6 | 1.2 | 13.9 | 13.1 |
| DKKNOK | 8.3 | 8.1 | 3.5 | 10.6 | 10.3 |
| DKKSEK | 9.7 | 9.5 | 5.5 | 10.8 | 10.3 |
| DKKZAR | 22.7 | 22.5 | 8.1 | 23.4 | 23.0 |
| TRYJPY | 9.4 | 8.7 | 8.5 | 10.4 | 10.0 |
Consider the risks involved and then determine if it aligns with your own strategy
List of spreads by account type for cryptocurrencies
Cryptocurrencies, which have been attracting attention in recent years, are a popular asset that can be traded with leverage on FXGT
Major cryptocurrency pairs such as Bitcoin (BTC) and Ethereum (ETH) are offered with competitive spreads compared to other overseas forex brokers
Cryptocurrencies are known for their high price volatility, but FXGT offers various account types for trading, and depending on the account type, you can trade with narrower spreads, as shown below
| currency pair | Optimus account | PRO account | ECN Zero Account | Standard+ Account | Crypto Max Account | Mini Account |
|---|---|---|---|---|---|---|
| BTCUSD | 431.4 | 387.9 | 135.2 | 150.2 | 604.5 | 606.5 |
| BTCJPY | 752.1 | 646.9 | 207.9 | 315.0 | 98.0 | 1003.0 |
| ETHUSD | 16.0 | 12.8 | – | 11.1 | – | 26.0 |
| ETHJPY | 28.3 | 24.4 | 6.4 | 21.7 | 41.7 | 40.3 |
| XRPUSD | 69.4 | 53.2 | 12.6 | 19.5 | 98.4 | 103.8 |
| XRPJPY | 116.4 | 91.9 | 19.2 | 159.0 | 193.0 | 166.7 |
| LTCUSD | 12.9 | 12.5 | 6.2 | 8.6 | 15.9 | 16.1 |
| LTCJPY | 2.5 | 2.1 | 1.1 | 1.6 | 2.7 | 2.8 |
| BCHUSD | 15.5 | 7.5 | 2.9 | 4.2 | 1.4 | – |
| BCHJPY | 22.9 | 12.5 | 4.7 | 6.4 | 30.4 | – |
By comparing it with your own trading strategy and selecting the optimal account type, you can conduct more efficient cryptocurrency FX trading
List of spreads by account type for synthetic cryptocurrencies
Synthetic cryptocurrencies are trading instruments uniquely offered by FXGT that are pegged to actual cryptocurrencies
These methods allow you to profit from price fluctuations of specific cryptocurrencies, but they have different characteristics from actual cryptocurrencies
FXGT's synthetic cryptocurrency spreads vary depending on the account type, and may differ from those of regular cryptocurrency pairs
| currency pair | Crypto Max Account | PRO account | ECN account | Standard+ Account |
|---|---|---|---|---|
| BTCXAU | 4.1 | 3.0 | 0.1 | 4.1 |
| BTCXAG | 504.4 | 203.1 | 190.1 | 504.4 |
| BTCUSO | 271.6 | 250.0 | 94.4 | 271.6 |
| BTCSPX | 24.7 | 21.3 | 5.7 | 24.7 |
| BTCNAS | 2159.7 | 1773.3 | 705.4 | 2159.7 |
| BTCDOW | 196.1 | 48.0 | 24.8 | 196.1 |
| BTCAPL | 159.7 | 139.1 | 108.2 | 159.7 |
| BTCMET | 43.3 | 19.1 | 14.0 | 43.3 |
| BTCAMZ | 275.7 | 255.5 | 240.4 | 275.7 |
When considering trading, to check in advance which account types each synthetic cryptocurrency pair is available for and what the respective spreads are, and then incorporate this into your trading plan.
Spread list by account type for Metal (Gold/Silver)
Metals such as gold (XAU/USD) and silver (XAG/USD) are highly popular trading instruments because they are strongly influenced by global events and economic conditions
FXGT allows trading of these metals through multiple account types, and they are attracting attention from many traders, especially during times of crisis, as they tend to show significant price fluctuations
The spreads for metal instruments vary depending on the account type, as follows:
| currency pair | Optimus account | PRO account | ECN Zero Account | Standard+ Account | Mini Account |
|---|---|---|---|---|---|
| XAUUSD | 2.6 | 2.1 | 1.6 | 2.9 | 3.6 |
| XAGUSD | 2.0 | 1.8 | 0.9 | 2.2 | 3.0 |
Choose the account type that allows you to trade metals with the most favorable spreads, tailored to your trading strategy
Energy Spread List by Account Type
Energy commodities such as crude oil (USOIL, UKOIL) and natural gas (NGAS) characterized by significant price fluctuations due to international supply and demand balances and geopolitical risks .
FXGT also offers these energy securities as trading options
The spread on energy securities varies depending on the account type, as shown below. Therefore, it is necessary to choose the optimal account while considering the trading costs
| currency pair | Optimus account | PRO account | ECN Zero Account | Standard+ Account | Mini Account |
|---|---|---|---|---|---|
| USOil | 0.8 | 0.6 | 0.3 | 1.2 | 1.3 |
| UKOil | 0.5 | 0.4 | 0.2 | 1.0 | 1.2 |
| NGAS | 3.6 | 2.9 | 1.6 | 6.1 | 6.8 |
Spreads tend to widen during periods of low liquidity, so pay attention to trading hours as well
List of stock index spreads by account type
FXGT allows you to trade stock indices as CFDs, enabling leveraged trading that aligns with market trends
The spread on stock indices varies depending on the account type, as follows, and tends to fluctuate particularly large at market opening times and during the release of important economic indicators
| Brand | Optimus account | PRO account | ECN Zero Account | Standard+ Account | Mini account |
|---|---|---|---|---|---|
| US30 | 19.5 | 13.4 | 2.4 | 36.2 | 41.2 |
| US100 | 18.8 | 11.6 | 9.2 | 23.8 | 26.2 |
| US500 | 4.0 | 3.8 | 1.7 | 5.0 | 5.2 |
| JP225 | 0.9 | 0.8 | 0.3 | 1.1 | 1.2 |
| UK100 | 20.1 | 18.7 | 3.9 | 25.3 | 26.8 |
| GER40 | 51.6 | 41.2 | 18.6 | 59.3 | 63.2 |
| FRA40 | 35.7 | 34.2 | 11.0 | 36.1 | 38.8 |
| AUD200 | 8.6 | 5.3 | 0.0 | 19.4 | 21.3 |
By choosing an account type that offers spreads suited to your trading strategy, you can expect more efficient trading
List of stock spreads by account type
FXGT also offers trading in individual stock issues as CFDs, with stocks of major companies worldwide available for trading
In addition to stocks of popular companies like Apple and Tesla, a wide range of stocks are available, supporting diverse investment strategies
The spread on stock CFDs also varies depending on the account type and the liquidity of the instrument, as follows:
| Brand | Optimus account | PRO account | ECN Zero Account | Standard+ Account | Mini Account |
|---|---|---|---|---|---|
| #AAPL | 8.6 | 8.6 | 8.6 | 8.6 | 12.9 |
| #AIG | 4.9 | 4.9 | 4.9 | – | – |
| #AMZN | 7.5 | 7.5 | 7.5 | 7.5 | 11.1 |
| #AXP | 3.6 | 3.6 | 3.6 | – | – |
| #BABA | 2.2 | 2.2 | 2.2 | 2.2 | 2.7 |
| #BAC | 3.5 | 3.5 | 3.5 | 3.5 | – |
| #BIDU | 3.9 | 3.9 | 3.9 | – | – |
| #BP | 2.6 | 2.6 | 2.6 | 2.6 | – |
| #BX | 1.0 | 1.0 | 1.0 | 1.0 | – |
| #C | 2.8 | 2.8 | 2.8 | 2.8 | – |
| #CAT | 2.0 | 2.0 | 2.0 | – | 2.8 |
| #COST | 3.1 | 2.1 | 2.1 | 2.1 | 5.0 |
| #CSCO | 2.1 | 3.1 | 3.1 | 3.1 | – |
| #CVX | 3.1 | 1.1 | 1.1 | – | – |
| #DAL | 2.9 | 2.9 | 2.9 | 2.9 | – |
| #DIS | 3.2 | 3.2 | 3.2 | 3.2 | – |
| #DVN | 2.0 | 2.0 | 2.0 | – | – |
| #EA | 4.0 | 4.0 | 4.0 | – | – |
| #EBAY | 2.2 | 2.2 | 2.2 | 2.2 | – |
| #F | 2.8 | 2.8 | 2.8 | – | – |
| #META | 6.1 | 6.1 | 6.1 | 6.1 | 7.1 |
| #GE | 5.7 | 5.7 | 5.7 | – | – |
| #GM | 3.0 | 3.0 | 3.0 | – | – |
| #GOOGL | 7.7 | 7.7 | 7.7 | 7.7 | – |
| #GPS | 2.4 | 2.4 | 2.4 | – | – |
| #HPQ | 2.5 | 2.5 | 2.5 | – | – |
| #INTC | 2.3 | 2.3 | 2.3 | 2.3 | – |
| #JNJ | 3.0 | 3.0 | 3.0 | 3.0 | 5.9 |
| #JPM | 4.8 | 4.8 | 4.8 | – | – |
| #KO | 3.6 | 3.6 | 3.6 | – | – |
| #LYFT | 4.6 | 4.6 | 4.6 | 4.6 | – |
| #MCD | 3.1 | 3.1 | 3.1 | – | – |
| #MRK | 4.0 | 4.0 | 4.0 | – | – |
| #MS | 1.0 | 2.1 | 2.1 | – | – |
| #MSFT | 2.1 | 1.0 | 1.0 | 1.0 | 5.1 |
| #NFLX | 2.3 | 23 | 2.3 | 2.3 | 3.3 |
| #NKE | 3.1 | 3.1 | 3.1 | – | – |
| #NVDA | 6.1 | 6.1 | 6.1 | 6.1 | 13.1 |
| #ORCL | 2.0 | 2.0 | 2.0 | – | – |
| #PFE | 3.0 | 3.0 | 3.0 | 3.0 | – |
| #PYPL | 3.1 | 3.1 | 3.1 | 3.1 | – |
| #SBUX | 5.2 | 5.2 | 5.2 | – | – |
| #SNAP | 6.3 | 6.3 | 6.3 | 6.3 | – |
| #T | 3.9 | 4.5 | 4.5 | – | – |
| #TSLA | 4.5 | 3.9 | 3.9 | 3.9 | 7.6 |
| #V | 2.1 | 1.0 | 1.0 | 1.0 | – |
| #VOD | 1.0 | 2.1 | 2.1 | – | – |
| #WFC | 3.7 | 3.7 | 3.7 | – | – |
| #WMT | 1.1 | 1.1 | 1.1 | 1.1 | – |
| #XOM | 4.1 | 4.1 | 4.1 | 4.1 | – |
Spreads can widen depending on market opening times and certain news , so be sure to check before trading.
If you have stocks of companies you are interested in or companies that you believe have growth potential, consider trading them on FXGT
Features of FXGT's spreads
Understanding the characteristics of spreads is crucial for cost management and developing trading strategies
FXGT's spreads vary not only depending on the instrument, but also fluctuate due to various factors
Here, we will take a closer look at the characteristics of FXGT's spreads
- The spread fluctuates
- Cryptocurrencies have narrow spreads
- Fees vary depending on the account type
- There are times of day when the spread tends to widen
The spread fluctuates
FXGT's spreads are constantly fluctuating depending on market conditions
This is due to a variety of factors, including market liquidity, the release of economic indicators, major events, and the time of day
For example, spreads tend to widen more than usual when economic indicators are released or immediately after the market opens at the start of the week
This is influenced by factors such as large price fluctuations and temporary imbalances in orders
When trading, important to always check the real-time spread and make decisions after considering the risk of fluctuations .
Cryptocurrencies have narrow spreads
One of the key features of FXGT is its relatively narrow spreads on cryptocurrency trades
Major cryptocurrency pairs such as Bitcoin and Ethereum are offered with competitive spreads compared to other overseas forex brokers, which is a significant advantage for traders who frequently engage in cryptocurrency forex trading
A comparison with other overseas forex brokers is as follows:
| currency pair | FXGT | XMTrading | Exdefine | TitanFX |
|---|---|---|---|---|
| BTCUSD | 150.2 | 53 | 250.1 | 425.9 |
| ETHUSD | 11.1 | 3.6 | 29.3 | 76.2 |
Because the cryptocurrency market is highly volatile, a narrow spread is important in keeping effective transaction costs down .
This narrow spread allows you to develop efficient trading strategies
Fees vary depending on the account type
trading fees vary depending on the type of account offered
| Account type | Optimus account | PRO account | ECN Zero Account | Standard+ Account | Crypto Max Account | Mini Account |
|---|---|---|---|---|---|---|
| Transaction fees | $0 | $0 | All FX asset classes have round-trip fees of up to $3 for metals and up to $5 for cryptocurrencies. | $0 | $0 | $0 |
With Standard and Mini accounts, trading fees are included in the spread, so you do not need to pay any additional fees
On the other hand, with low-spread accounts like ECN accounts, the spreads are set narrowly, but additional fees are charged depending on the trading volume
This fee is usually displayed as an amount per lot and may vary depending on the currency pair
It's important to consider the total cost, including spreads and fees, based on your own trading style
There are times of day when the spread tends to widen
FXGT's spreads are not always constant and tend to widen during certain time periods.
This is often seen during the following times when market liquidity is low
Time periods when spreads tend to widen
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- Around the time when markets in each country close
- When economic indicators are released
- Early morning hours
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When spreads widen, the effective transaction costs increase, so extra caution is needed when trading during these times
By choosing a time slot that suits your trading strategy, you can minimize unnecessary costs and trade more efficiently
Spread comparison between FXGT and other overseas forex brokers
When choosing an overseas forex broker, the narrowness of the spread is an important point of comparison
Here, we compare the spreads for each account type at FXGT with equivalent accounts at other companies
Please use this as a reference when choosing the best contractor based on the points you prioritize
Standard Account
Below is a comparison of the spreads offered by FXGT's Standard account for major currency pairs compared to typical account types offered by many overseas forex brokers
| Overseas Forex Brokers | FXGT | XMTrading | AXIORY | Exdefine |
|---|---|---|---|---|
| EURUSD | 1.6 | 1.9 | 1 | 0.9 |
| USD/JPY | 1.8 | 2.5 | 1.4 | 1 |
| GBPUSD | 1.7 | 2.4 | 1.4 | 1.1 |
| EURJPY | 1.7 | 3.1 | 1.4 | 2.4 |
| XAUUSD | 2.9 | 4.4 | 4 | 2 |
Compared to standard accounts or similar accounts offered by other companies, FXGT has the advantage of offering a wide range of bonus campaigns, but in terms of spreads, they are at the same level or sometimes even slightly wider
However, when considering factors such as the variety of trading instruments and execution speed, it's not possible to judge superiority or inferiority solely based on the spread
We recommend that you consider not only your own trading style, but also bonus campaigns and execution speed when making your decision
Low spread account
FXGT's ECN and PRO accounts are often directly compared to other companies' account types that boast low spreads
These accounts are characterized by offering narrow spreads, similar to other companies' accounts commonly referred to as "zero spread accounts" or "raw spread accounts."
| Overseas Forex Brokers | FXGT | XMTrading | AXIORY | Exdefine |
|---|---|---|---|---|
| Transaction fees | All FX asset classes have round-trip fees of up to $3 for metals and up to $5 for cryptocurrencies. | 10 currency units (round trip) | $6 (round trip) | $7 (round trip) |
| EURUSD | 0.2 | 0.3 | 0.6 | 0 |
| USD/JPY | 0.1 | 0.2 | 0.4 | 0 |
| GBPUSD | 0.2 | 0.8 | 0.4 | 0.1 |
| EURJPY | 1.0 | 1.1 | 1.2 | 0.5 |
| XAUUSD | 1.6 | 2.0 | 2.9 | 0.6 |
When comparing FXGT with other companies, consider factors such as its execution speed and whether or not it offers bonuses to find a low-cost trading environment that suits you.
Cryptocurrency FX account
FXGT's cryptocurrency FX account is competitive compared to other overseas FX brokers in terms of its narrow spreads, as follows:
| currency pair | FXGT | XMTrading | Exdefine | TitanFX |
|---|---|---|---|---|
| BTCUSD | 150.2 | 300.0 | 250.1 | 425.9 |
| ETHUSD | 11.1 | 34.5 | 29.3 | 76.2 |
For major cryptocurrency pairs, you can often trade with more favorable spreads compared to cryptocurrency CFD trading offered by other companies
Given the volatile nature of cryptocurrency prices, a narrow spread significantly impacts trading costs, making this a major strength of FXGT
For traders who want to focus on cryptocurrency FX trading, FXGT could be one option to consider .
Who is trading with FXGT suitable for?
Here, we will explain the features of FXGT and what kind of people, with what goals and trading styles, would find FXGT suitable
Please use this information to help you determine if FXGT is the best option for you, by comparing it with your own trading goals
- People who want to make use of their bonus
- People who want to trade cryptocurrency FX with high leverage
People who want to make use of their bonus
FXGT frequently holds attractive promotions, such as deposit bonuses and account opening bonuses
These bonuses are recommended for beginners who want to start trading with a small amount of capital, as well as traders who want to increase their margin and trade with larger lots
By utilizing bonuses, you can trade with margin exceeding your own capital, creating more flexibility in your margin maintenance ratio
actively using bonuses to reduce trading costs.
People who want to trade cryptocurrency FX with high leverage
One of the biggest attractions of FXGT is that it offers high leverage of up to 1000 times for cryptocurrency FX trading
This enables efficient fund management that is difficult to achieve with spot trading, and allows you to take on large positions with a small amount of margin
Because cryptocurrency prices fluctuate so drastically, if you can effectively utilize this high leverage, you can expect to make significant profits in a short period of time.
However, high leverage also comes with significant risks, so be sure to carefully consider fund management and risk hedging before trading
Frequently Asked Questions about FXGT's Spreads
Addressing the common questions many traders have about FXGT's spreads is crucial for ensuring safe and secure trading
Here, we will explain frequently asked questions regarding FXGT's spreads
By referring to this information, you can resolve any questions you have about spreads and make trading smoother, so please use it as a reference
- What are the trading fees at FXGT?
- Can I do scalping on FXGT?
- What are the times of day when FXGT's spreads tend to widen?
- How can I check the spreads for each instrument on FXGT?
- Are FXGT's spreads wider compared to other overseas forex brokers?
What are the trading fees at FXGT?
Trading fees at FXGT vary depending on the account type you choose, as follows:
| Account type | Optimus account | PRO account | ECN Zero Account | Standard+ Account | Crypto Max Account | Mini Account |
|---|---|---|---|---|---|---|
| Transaction fees | $0 | $0 | All FX asset classes have round-trip fees of up to $3 for metals and up to $5 for cryptocurrencies. | $0 | $0 | $0 |
With Standard and Mini accounts, trading fees are included in the spread, so you do not need to pay any additional fees
On the other hand, with low-spread accounts such as ECN accounts and PRO accounts, the spreads are set narrowly, but additional fees are charged depending on the trading volume
This fee is usually displayed as an amount per lot and may vary depending on the currency pair
You need to consider the total cost, including spreads and fees, based on your own trading style
Is scalping possible with FXGT?？
Scalping trading is available on FXGT.
Scalping is a trading method that involves repeatedly buying and selling in very short periods of time, aiming for small price movements
FXGT does not restrict scalping in principle, and you can scalp under more favorable conditions, especially if you use a low-spread account such as an ECN account
However, caution is advised during periods of low market liquidity or when economic indicators are released, as spreads tend to widen in such situations
Thoroughly implement your own trading strategy and risk management to aim for efficient scalping
The times when FXGT's spreads tend to widen are？
FXGT's spreads tend to widen during certain times when market liquidity is low
Specifically, these include the period around the closing of the New York market, the early morning hours before the Tokyo market opens (morning Japan time), and immediately after the market opens at the start of the week
Furthermore, market fluctuations tend to increase before and after the release of important economic indicators from various countries (such as employment statistics and consumer price indices), which may temporarily widen the spread significantly.
It is important to avoid these times or to plan your trades while taking into account the widening of spreads
How can I check the spreads for each instrument on FXGT?？
Real-time spreads for each instrument on FXGT can be checked primarily on the trading platform (MT4 or MT5) by following these steps:
Spread verification procedure
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- Log in to the platform
- Open the "Quote Display" window
- Right-click on the stock you want to trade and select "Specifications"
- You can check detailed information such as the current spread and minimum spread for the stock you want to trade
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FXGT's official website may also list the average spreads for each account type and instrument
Always check the latest spread information before trading and use it to help plan your trades
Are FXGT's spreads wider compared to other overseas forex brokers?？
It's difficult to say definitively whether FXGT's spreads are wider compared to other overseas forex brokers
This is because the spread varies depending on the account type and the trading instrument
However, we offer competitively narrow spreads on cryptocurrency pairs
On the other hand, for standard accounts with major currency pairs, you might find the account size to be at the same level as or slightly wider than other companies
When comparing different overseas forex brokers, be sure to check not only the spreads, but also the overall service offerings, such as whether or not bonuses are provided, execution speed, and trading instruments
To find the broker that best suits your trading style, we recommend comparing them from multiple perspectives
Summary of FXGT's spreads
FXGT supports a wide range of instruments, from major currency pairs to cryptocurrencies, precious metals, and stock indices, but the spread characteristics differ for each instrument
In particular, the spreads on cryptocurrencies are set relatively narrowly , which will be a significant advantage for traders who focus on cryptocurrency FX.
Additionally, spreads tend to widen during economic indicator announcements and periods of low liquidity, so it's essential to check real-time spreads before trading
Choose the optimal account type and trading strategy to suit your trading style and objectives for a comfortable trading experience at FXGT
