FXGT Reputation and User Reviews | Independent Investigation into Safety and Rumors of Withdrawal Refusals

Among overseas forex brokers, FXGT .

However, negative comments such as "withdrawal refusal," "suspicious," and "dangerous" can also be found online

Many people are probably wondering whether the company is truly safe and what its actual reputation is like

This article thoroughly investigates FXGT's safety, reliability, and withdrawal practices, and explains the reality of FXGT based on user reviews .

Furthermore, we'll introduce comparisons with other overseas forex brokers and tips for using them smoothly

If you are considering using FXGT, please use this as a reference

The MoneyChager editorial team will deliver real user reviews and opinions based on the results of surveys of over 20,000 users, so please look forward to it. We

also take safety into consideration, referencing the Financial Services Agency and the Financial Futures Trading Act

Please refer to this article for a ranking of highly-rated overseas forex brokers

Top Recommended Overseas FX Brokers Ranking | Thoroughly Introducing the Best Trading Environments by Category

Safety and reliability of FXGT

FXGT a popular overseas forex broker known for its high leverage and diverse range of trading instruments , but there are concerns about its safety and reliability.

In particular, the status of financial licensing, fund management systems, and the presence or absence of withdrawal problems are important factors for traders to consider when making decisions

This section provides a detailed explanation of FXGT's company profile, financial licenses, and fund management system, and examines whether it is a safe platform for trading. Please use this information as a reference

FXGT Company Profile

Company Name	360 Degrees Markets Ltd.
Company Address	Room 12, First Floor, Kingsgate House, Victoria, Mahe, Seychelles
Financial Registration	Seychelles Financial Services Authority (FSA)
Financial License	Securities trader license number SD019

FXGT is an overseas forex broker that offers a wide range of trading instruments and high leverage

The operating company is " 360 Degrees Markets Ltd. ", which is primarily based in Seychelles.

Since its establishment, it has grown rapidly and is used by many traders

However, because it is an overseas forex broker, it is not licensed by the Japanese Financial Services Agency (FSA) and does not operate under Japanese regulations

Therefore, when comparing them to domestic FX brokers, it is necessary to carefully check the financial licenses they have obtained and their fund management systems to verify their reliability

FXGT Financial License

1. Seychelles Financial Services Authority (FSA)
2. South Africa Financial Sector Supervisory Authority (FSCA)
3. Vanuatu Financial Services Commission (VFSC)

Because FXGT does not have a license from Japan's Financial Services Agency (FSA), it is subject to less stringent regulations compared to domestic Japanese FX brokers

However, they hold multiple licenses suggests that they have a certain level of reliability.

For a list of highly secure overseas forex brokers, please refer to this article below ↓

Overseas Forex Broker Safety Ranking | Points to Check and How to Choose a Reliable Broker Explained

Customer funds are managed separately, but there is no trust protection

FXGT employs "segregated accounts" as a method for managing customer funds

Segregated accounts refer to a system where customer funds and company operating funds are managed separately. customer funds are more likely to be protected in the event of a company's bankruptcy.

However, segregated accounts are not a complete guarantee, and there remains a possibility that funds could be affected if the company's financial situation deteriorates

On the other hand, most domestic FX brokers registered with Japan's Financial Services Agency have implemented "trust protection," meaning that even if a broker goes bankrupt, customers' funds will be fully returned through a trust bank .

Because FXGT does not have a trust protection system in place, it is inferior to domestic FX brokers in terms of risk management

Therefore, when using FXGT, it is essential to carefully manage your own funds and avoid taking excessive risks

It is also important to check the withdrawal rules and fees in advance and take measures to ensure the security of your funds

For more information on trust protection in overseas forex trading, please refer to this article below ↓

What is trust protection for overseas forex trading? We'll also explain how it compares to segregated accounts

What are some examples of withdrawal refusals?

In conclusion, you will not be unfairly denied withdrawals at FXGT

However, if you violate the terms and conditions or request a withdrawal using a method different from the one used for deposit, your withdrawal may be refused

also includes examples of cases where withdrawals were actually refused due to negative customer reviews

Here is a list of cases where withdrawals are rejected by FXGT

1. Using different deposit and withdrawal methods
2. Misuse of bonus regulations
3. Unauthorized use of multiple accounts
4. Access due to unauthorized use of IP addresses
5. If credit card authentication is incomplete
6. Unauthorized charges for withdrawals made using a credit card
7. Withdrawal restrictions due to fraudulent use of zero-cut feature
8. Executing hedging trades with multiple accounts
9. Withdrawal refusal due to hedging across different exchanges
10. Withdrawal requests from unverified accounts
11. Withdrawal restrictions in case of violation of terms and conditions

To ensure safe transactions, please pay particular attention to the points mentioned above before starting to trade

For more detailed information on the causes and solutions for withdrawal rejections, please refer to this article below ↓

What are the reasons for withdrawal refusals in overseas forex trading and how to deal with them? Tax and tax filing information is also explained

FXGT Bonus Campaign Information

The latest campaign information for FXGT (as of March 2025) is as follows:

campaign	overview
FXGT offers a 70% bonus on your next deposit!	For Mini, Standard+, and CryptoMax accounts only, we are offering a 70% bonus (up to 200,000 yen) on deposits of 70,000 yen or more
FXGT Weekly Trading Competition 2025	Enter the weekly trading competition automatically and try to win a total of 1.25 million yen in prize money
FXGT offers a 100% deposit bonus + Loyalty bonus!	For your first deposit of up to 80,000 yen, you will receive a 100% Loyalty bonus. For your second deposit, you will receive a 50% Loyalty bonus up to 150,000 yen, and thereafter, you will receive a 25% Loyalty bonus depending on the deposit amount
Unlimited Loyalty Bonus Campaign	A flat 25% deposit bonus
FXGT Crypto Max Exclusive 120% First Deposit Bonus	We're offering a 120% Welcome Bonus (up to 80,000 yen) to everyone who makes their first deposit into a Crypto Max account
FXGT Crypto Max Account Exclusive 60% Loyalty Bonus Campaign	After receiving your Welcome Bonus and 50% Second Deposit Bonus, you will receive a 60% Loyalty Bonus when making a deposit or transferring funds from your eWallet, exclusively for Crypto Max accounts
Account Opening Bonus: ¥15,000 Campaign	Those who complete account verification during the campaign period will receive a 15,000 yen account opening bonus (new registration bonus)
FXGT +10% Crypto Asset Booster	In addition to the regular 25% Loyalty Bonus (25% deposit bonus), we will also give you an extra 10% deposit bonus
FXGT Unlimited Cashback Campaign	When you trade using your Optimus account and close a position held for 5 minutes or more, the cashback will be automatically credited to your trading account

As mentioned above, FXGT is always running a variety of promotions

While the campaign details change from time to time, the generous bonuses offered compared to other overseas forex brokers .

This is a great opportunity to aim for massive profits with more money than your own capital, so don't miss this chance and open a new account!

For the latest bonus information from overseas forex brokers such as FXGT, please refer to this article below ↓

Overseas Forex Account Opening Bonus & Deposit Bonus Comparison Ranking! [Latest January 2026] Broker List

Reasons why FXGT bonuses are not being reflected or received

1. Unverified account
2. Use of ineligible account types
3. Incomplete fund transfer
4. Reached the bonus payment limit
5. Opening an account via a cashback website

Reasons why FXGT bonuses may not be credited include unverified accounts, use of ineligible accounts, incomplete fund transfers, and reaching the bonus limit

If your identity verification (KYC) is not completed, you will not be eligible to receive any bonuses. Therefore, after opening an account, be sure to submit the necessary documents and complete the verification process as soon as possible

Also, you may not receive the bonus if you choose the wrong account type, so be sure to select either a Standard+ account, Crypto Max account, or Mini account

Furthermore, simply depositing funds into your eWallet will not grant you the bonus; it will only be applied when you transfer the funds to your MT4/MT5 trading account

If you have reached your bonus limit, you will not be able to receive any additional bonuses, so it is important to check your applicable amount beforehand

Furthermore, opening an account through unofficial channels such as cashback sites may disqualify you from receiving bonuses, so we strongly recommend opening an account through the official FXGT website

Important points regarding FXGT's bonus campaign

1. Bonus withdrawal limits
2. Bonus expiration date
3. Bonus disappears due to fund transfers
4. Prohibition of multiple accounts

There are several points to note regarding FXGT's bonus campaign, and it's especially important to be aware that the bonus itself is non-withdrawable

However, since profits earned using bonuses can be withdrawn, they can be used as actual funds by trading efficiently

Additionally, bonuses have an expiration date and may disappear if there is no trading activity for a certain period, so active trading is required

FXGT has a cushioning function, which is an advantage as it allows you to use bonuses as margin, but you should be aware that there is a possibility that the bonus may be forfeited if funds are transferred

Transferring funds from your trading account to your eWallet may result in the loss of your bonus, so be careful not to make any incorrect fund transfers

Furthermore, FXGT's terms of service only allow one account per person, so creating multiple accounts is a violation and, in the worst case, could lead to account suspension

To make the most of your bonus, it's crucial to understand these rules correctly and trade while regularly checking official information from FXGT

7 Advantages of FXGT

FXGT offers an attractive trading environment among overseas forex brokers and is supported by many traders

In particular, its strengths include high leverage, generous campaigns, and comprehensive Japanese language support

Below, we will explain in detail the seven benefits you can gain from using FXGT

1. High leverage allows you to make large profits from a small amount of capital
2. Some stocks can be traded with zero swap fees
3. You can increase your trading capital by taking advantage of various campaigns
4. With excellent Japanese language support, even beginners can trade with peace of mind
5. Cryptocurrency spreads are narrow
6. We handle over 170 different brands
7. Withdrawals are processed as quickly as the same day

High leverage allows you to make large profits from a small amount of capital

FXGT offers leverage of up to 5,000 times, making it possible to conduct large trades even with a small amount of capital

For example, with a margin of 10,000 yen, you can hold a position worth up to 50 million yen , allowing you to take advantage of market fluctuations and aim for profits in a short period of time.

FXGT has different leverage restrictions depending on the account type, and Standard and ECN accounts allow for trading with high leverage .

This allows a wide range of traders, from beginners to advanced traders, to choose a trading style that suits their risk tolerance

However, because of the high leverage, there is a possibility that losses will increase due to market fluctuations, so proper risk management is required

By thoroughly checking your margin maintenance ratio and setting stop-loss orders, and by managing your funds effectively, you can trade safely

Some stocks can be traded with zero swap fees

offers a swap-free system where swap points (swap interest) are not incurred for certain currency pairs and cryptocurrencies

In typical FX trading, points are exchanged for each day a position is held

Using a swap-free account eliminates the burden of swap fees, making it easier to hold positions long-term .

FX brokers	FXGT
Swap-free accounts	Standard+ account , ECN account , PRO account
Swap-free eligible stocks*	・Major and minor FX currency pairs (excluding cross-yen pairs), minor currency pairs (excluding exotic currency pairs) , two gold currency pairs , and silver.
Swap-free period	PRO accounts take 6 days, ECN accounts take 3 days.

If you're looking for a swap-free account, you should definitely consider opening one

Reference source

*Standard+ accounts offer unlimited swap-free trading for synthetics, while ECN accounts offer 3-day swap-free trading for gold and stock indices only

You can increase your trading capital by taking advantage of various campaigns

FXGT regularly runs a variety of campaigns, including bonuses for opening a new account, deposit bonuses, and trading bonuses

This allows you to start trading with a limited amount of your own capital, thus reducing risk as you proceed with your trades .

In particular, new account holders sometimes receive bonuses of tens of thousands of yen, making it attractive to experience trading without investing any of your own funds

Furthermore, by taking advantage of deposit bonuses, it's possible to start trading with more than double the amount you initially deposited

However, bonuses often have withdrawal requirements, and you may not be able to withdraw them until you have completed a certain trading volume. Therefore, it is important to carefully check the conditions before using them

Check out FXGT's latest bonuses here

With excellent Japanese language support, even beginners can trade with peace of mind

One of the biggest advantages of the FXGT is its extensive Japanese language support

The official website and trading platform are available in Japanese, and inquiries to the support team are also handled in Japanese, so even traders who are not comfortable with English can use it with peace of mind

FXGT support is available 24/7 to answer your inquiries。

For traders who trade across markets around the world, this can be considered extremely useful

However, please note that some services may be unavailable during major holidays such as the New Year period or during server maintenance periods

The types of contact methods are as follows:

How to contact us	Usage time	Reply time
ticket	24 hours a day, 365 days a year	Within 24 hours
Live Chat	24 hours a day, 365 days a year	Immediately
Inquiry Form	24 hours a day, 365 days a year	1-3 business days

Cryptocurrency spreads are narrow

FXGT specializes in cryptocurrency FX trading, allowing users to trade many cryptocurrencies, including major ones like Bitcoin (BTC) and Ethereum (ETH)

A key feature of cryptocurrency trading is that the spreads are set narrowly, making it easier to keep costs down when trading short-term .

Cryptocurrencies are highly volatile, and it can be difficult to make a profit with brokers that have wide spreads

However, FXGT offers competitive spreads, creating a favorable environment for day traders and scalpers

Furthermore, since the leverage for cryptocurrencies is set relatively high, it is possible to aim for large profits with a small amount of capital

In particular, Bitcoin's spread is among the narrowest in the world

currency pair	FXGT
BTCUSD	15.02
BTCJPY	3,150
ETHUSD	111
ETHJPY	217
XRPUSD	195
LTCUSD	86
ADAUSD	700

We handle over 170 different brands

FXGT offers over 170 different instruments, including FX currency pairs, cryptocurrencies, stock indices, precious metals, energy, and stock CFDs .

Brand Categories	Number of brands handled
FX currency pairs	53 types
Cryptocurrency CFDs	66 types
Precious metal CFD	2 types
Energy CFD	3 types
Stock index CFDs	12 types
Stock CFDs	51 types

This makes it easier to diversify investments and build a portfolio that is less susceptible to the influence of specific markets

In particular, the extensive selection of cryptocurrency CFDs and the availability of 24/7 trading are major advantages

Furthermore, since you can also trade stock indices and commodities, you can develop flexible trading strategies that respond to economic news and market trends

One of FXGT's biggest strengths is its ability to handle a wide variety of stocks, allowing users to make optimal trades according to market volatility

Withdrawals are processed as quickly as the same day

FXGT offers fast withdrawal processing, withdrawals sometimes completed as quickly as the same day .

In particular, choosing to withdraw funds in cryptocurrency allows for faster processing, which is a significant advantage for traders who want to increase their capital turnover rate

When withdrawing funds from FXGT in cryptocurrency (digital assets), the withdrawal process is completed by FXGT within 1 to 30 minutes of the withdrawal request. Once the withdrawal process is complete, you will receive an email to your registered email address with the subject line "Withdrawal (Exchange) Request Details (Amount) Withdrawal (Exchange) Request Received". After the receiving external wallet completes the acceptance process, the funds will be reflected in your account. Please note that in some cases, the withdrawal process by FXGT may take up to 48 hours.
Source: FXGT Official Website

While some overseas forex brokers have slow withdrawal processing, FXGT provides prompt service after withdrawal requests, so you can use their service with peace of mind

However, bank transfers can take several business days, so you should be careful when choosing a withdrawal method

Also, since there are certain conditions for withdrawals, it is recommended to check the withdrawal rules in advance, especially if you have used bonuses for trading

Five disadvantages of the FXGT

FXGT is an overseas forex broker with many advantages, but there are also some disadvantages that should be noted

Here, we will explain in detail five disadvantages you should be aware of when using FXGT

1. Leverage is limited by the margin balance
2. The spread may widen depending on the time of day
3. Sometimes the execution power is low
4. There are prohibited practices such as hedging and arbitrage
5. Bank withdrawals may be delayed

Leverage is limited by the margin balance

FXGT employs a system where leverage is limited based on the account's margin balance

For example, with a margin balance of less than $1,000, you can trade with a maximum leverage of 1,000 times, but as your balance increases, the applicable leverage gradually decreases

This is a setting that is part of risk management, and it may feel a little inconvenient for traders who manage large sums of money

In particular, traders who aim for large profits from small amounts of capital by utilizing high leverage should be aware that an increase in margin will result in leverage restrictions and a decrease in trading flexibility

While leverage limits do make risk management easier, if you're considering trading with high leverage, you'll need to keep track of your margin balance while managing your investments .

Effective margin level in trading (USD)	Maximum leverage
0～5,000	1,000 times
5,001～10,000	500 times
10,001～30,000	200 times
30,001～100,000	100 times
100,001 or more	50 times

The maximum leverage limit varies depending on the specific stock

Recommended overseas forex brokers with high leverage are explained in this article ↓

Overseas Forex Leverage Comparison! Recommended Brokers with Leverages from 1000x to Unlimited, and a Summary of Regulatory Rules Including Calculations and Limitations!

The spread may widen depending on the time of day

At FXGT, spreads can fluctuate depending on the trading hours, and tend to widen, especially during periods of low market liquidity

This is a phenomenon common to the entire FX market, but at FXGT, the widening of spreads can be particularly noticeable in cryptocurrency trading

For example, be aware that spreads tend to be wider than usual during early morning or weekend trading, which can lead to unexpected losses depending on the timing of entry and exit

When focusing on short-term trading strategies such as scalping, it's important to be aware that fluctuations in the spread may reduce your profits

To avoid this problem, you need to trade during times when spreads are narrow, or use an ECN account to reduce spreads

It is important to understand the spread fluctuation patterns in advance and trade at the appropriate time

Recommended overseas brokers with low spreads are explained in this article ↓

Overseas Forex Spread and Commission Comparison List | Introducing Zero Spread Accounts and Brokers with Narrow Spreads

Sometimes the execution power is low

FXGT offers a relatively stable trading environment among overseas forex brokers, but its may decrease during sudden market changes

In particular, slippage (execution at a price different from the intended price) is more likely to occur when important economic indicators are released or during periods of low liquidity

A decline in execution speed can be a major problem for traders who engage in scalping or short-term trading

Order slippage can cause discrepancies between your intended entry point and exit price, potentially resulting in unexpected losses

Effective countermeasures include trading during periods when the market is stable and using limit orders to strictly control entry and exit prices

Furthermore, if you prioritize execution speed, using a broker that offers higher execution quality in conjunction with this service is another option.

Recommended overseas brokers with high execution capabilities are explained in this article ↓

Comparison list of overseas forex brokers with high execution speed | Which brokers are less prone to slippage?

There are prohibited practices such as hedging and arbitrage

FXGT allows hedging within the same account .

However, using multiple accounts or hedging with other FX brokers is prohibited.

If your trading strategy violates the rules regarding hedging, there is a high probability that your account will be frozen

The main prohibited actions include the following:

1. Hedging transactions within the same account
2. Hedging across multiple accounts
3. Arbitrage trading between different FX brokers
4. Transactions that intentionally exploit server latency
5. Fraudulent transactions using bonuses

Since the above transactions are prohibited, it is important to check the terms of service beforehand to avoid accidentally violating the rules

In particular, when using bonuses for trading, be aware that if you request a withdrawal before meeting the bonus withdrawal requirements, the bonus may be forfeited

While FXGT offers a highly flexible trading environment, trading without understanding the rules can lead to unexpected risks

To continue trading with peace of mind, it is important to thoroughly understand the prohibited actions and strive to operate in accordance with the rules

Bank withdrawals may be delayed

While FXGT is generally known for its relatively fast withdrawal speeds, may occur when using bank transfers

In particular, because the transfer is routed through an overseas bank, it tends to take longer to arrive compared to a regular domestic transfer

The minimum withdrawal amount is a bit high at 10,000 yen, and the withdrawal process takes a long time, around five business days .

Withdrawals using cryptocurrency or online wallets are relatively fast, so if you need to move funds quickly, considering methods other than bank transfers is one option

When using FXGT, understand that processing times vary depending on the withdrawal method, and proceed with trading while planning your finances accordingly

Positive reviews and testimonials for FXGT

FXGT is used by many traders due to its generous bonuses, high leverage, and excellent security features

In particular, this section will provide a detailed explanation of the positive reviews and testimonials regarding FXGT

1. FXGT's positive reviews and testimonials ① The bonuses are amazing
2. FXGT's positive reputation and reviews ② Adopts high leverage
3. FXGT's positive reputation and testimonials ③ High level of safety
4. FXGT's positive reviews and testimonials ④: Japanese language support is available
5. FXGT's positive reviews and testimonials #5: Fast withdrawal speed

FXGT's positive reviews and testimonials ① The bonuses are amazing

Aren't FXGT bonuses offered quite frequently?

— Robby@Loxonin (@Robby_invest) February 4, 2025

One of the biggest attractions of FXGT is its incredibly generous bonus campaigns

You can take advantage of many bonuses, including a bonus for opening a new account, a deposit bonus based on the amount deposited, and special campaigns held regularly。

In particular, the account opening bonus given upon new registration is popular with beginners because it allows them to start trading without using their own funds

Furthermore, deposit bonuses offer the advantage of increasing your trading capital while trading, as a certain percentage of your deposit is returned as a bonus

These bonuses offer significant advantages for traders who want to improve capital efficiency, as they allow them to trade while minimizing risk

One of the reasons for FXGT's popularity is that you can take advantage of its bonuses and start trading with a small amount of capital

If you want to know the latest bonus information from FXGT, please see list of the latest bonus campaigns from overseas forex brokers

FXGT's positive reputation and reviews ② Adopts high leverage

Sometimes it slips, sometimes it doesn't. Since it's made by Market Depth, it feels like order book trading. So, when there's volatility, the order book thins out and it slips a bit!
However, if you're scalping, FXGT is the easiest...the leverage is high and you don't need much margin.

— Salmon-kun (@saamon2500) November 22, 2020

Another major feature of FXGT is that it offers high leverage of up to 5,000 times

This makes it possible to conduct large transactions even with small amounts of capital, which is expected to improve capital efficiency

Mini accounts and Standard+ accounts offer leverage settings that are easy for beginners to use, allowing traders with small amounts of margin to trade efficiently .

On the other hand, advanced accounts such as ECN accounts and PRO accounts have narrower spreads, making it easier to aim for short-term profits when combined with high leverage

However, high leverage necessitates careful risk management, so it's crucial to set appropriate lot sizes and stop-loss levels

FXGT's high leverage is highly regarded because, if used appropriately, it allows users to aim for large returns even with a small amount of capital

, please see our overseas forex broker leverage comparison ranking

FXGT's positive reputation and testimonials ③ High level of safety

FXGT's leverage changes depending on the lot size you
hold. For forex trading, the leverage is reduced to 20x after 50 lots, which is lower than domestic brokers lol.
If there are people trading high lots on FXGT, it's really incomprehensible.
But personally, my impression is that overseas brokers that impose leverage restrictions based on account balance etc. are relatively safer. pic.twitter.com/wc2a1PzbAm

— Miyabi卍 (@fx_miyabi) April 20, 2023

FXGT is an overseas forex broker with a good reputation for its high level of security

the operating company holds multiple licenses and it ensures transparency in financial management is highly regarded.

FXGT operates under the supervision of a regulated financial institution and customer funds are segregated, providing protection against unforeseen risks

As a licensed and regulated broker, protecting our clients' funds is our top priority. Therefore, we have implemented various safety measures to ensure our clients can trade with confidence. (
Source: FXGT)

Furthermore, a zero-cut system is in place, it is possible to prevent debt risk due to sudden market fluctuations.

Furthermore, withdrawals are processed quickly, and in some cases, withdrawals can be completed as early as the same day

Therefore, for traders who prioritize liquidity, it can be said that this is one of the FX brokers they can use with peace of mind

FXGT's reliability is highly regarded by traders who prioritize safety

If you'd like to learn more about how to choose a highly secure broker, please see list of recommended highly secure overseas forex brokers

FXGT's positive reviews and testimonials ④: Japanese language support is available

I've started using FXGT.
The seamless Japanese language support and
quick customer service
give me peace of mind. #YearOfTheSnakeFXGTNewYearGift

— Nonaa. (@n2o2n2a21) January 10, 2025

FXGT offers support in Japanese, and has received high praise from users for the sense of security it provides .

With overseas forex brokers, Japanese language support is often inadequate, or the translations are unnatural and seem to be machine-translated, which can make communication with support stressful for many users

However, FXGT's Japanese support is natural and smooth, which is a major plus

Furthermore, the speed of their response is also highly praised; customers appreciate that they receive relatively quick replies to inquiries, making them feel secure using the service even in case of problems

With chat and email support available, inquiries can be made in Japanese, creating a secure environment for traders who are not comfortable with English

FXGT's positive reviews and testimonials #5: Fast withdrawal speed

FXGT,
withdrawal request via bitwallet at 2 AM.
Funds arrived at 7 AM.
Wow. That was fast! #FXGT pic.twitter.com/Gd7l8rckYD

— Kawase-kun (@KAWASE_KUN19) February 4, 2025

FXGT its relatively fast withdrawal speeds within the industry , and withdrawals processed smoothly, especially when using bitwallet.

According to user reviews, one user reported that they submitted a withdrawal request at 2 AM and received the funds by 7 AM, expressing surprise at the speed of processing in just a few hours

Generally, withdrawal processing by overseas forex brokers can take several days, and delays are not uncommon

However, FXGT has the advantage of quick processing of withdrawal requests, and especially when using electronic payment services, funds can often be received within a few hours, allowing for rapid fund management

Furthermore, the service supports withdrawals in cryptocurrency, allowing for even faster fund transfers using Bitcoin (BTC), Tether (USDT), and other cryptocurrencies

Negative reviews and comments about FXGT

FXGT is a popular overseas forex broker used by many traders, but some negative reviews can also be found

Here, the negative reputation of FXGT and introduce points you should be aware of.

1. FXGT's negative reputation/reviews ① High withdrawal fees
2. FXGT's negative reputation and reviews ② Withdrawals are sometimes refused
3. FXGT's negative reviews and comments #3: Orders often slip
4. FXGT's Negative Reviews/Comments #4: Low Execution Power
5. FXGT's Negative Reviews/Comments #5: Account maintenance fees are charged if there are no trades

FXGT's negative reputation/reviews ① High withdrawal fees

FXGT's bank withdrawal fees are way too high, and
the daily withdrawal limit of 200,000 yen is also too restrictive.
I want FXGT to go back to its original state.
Please, FXGT!

— @momonga (@ljsURmSiBo5OqPx) January 25, 2025

FXGT sometimes charges a fee when users withdraw funds, and this has been a point of dissatisfaction for some users

In particular, withdrawals via bank transfer incur fees unless the withdrawal amount exceeds a certain threshold, which can be a burden for traders who frequently make small withdrawals

Withdrawal methods	commission	Minimum withdrawal amount	Reflection time
credit card	none	5,000 yen	2 business days
Cryptocurrency (in the case of BTC)	none	0.0001	Within 48 hours
Bitwallet	none	1,000 yen	Within 48 hours
STICPAY	none	none	Within 48 hours
Bank transfer	It varies depending on the bank	10,000 yen	Approximately 7 business days

Furthermore, even if you choose to withdraw funds in cryptocurrency, network fees may be incurred, and these costs can be higher than expected, especially during peak times

To minimize withdrawal fees, you should consider withdrawing funds in bulk or choosing a fee-free withdrawal method

When using FXGT, be sure to carefully check the withdrawal conditions beforehand and choose the most suitable method

For ways to reduce various fees in overseas forex trading, please refer to this article below ↓

A complete guide to all the fees required for overseas forex trading! We'll explain how to reduce various fees

FXGT's negative reputation and reviews ② Withdrawals are sometimes refused

FXGT refused my withdrawal.
I had made a profit, so I inquired about the withdrawal method

, I received an email confirming receipt of my withdrawal request,
which was supposed to be a bank transfer. However, the withdrawal was refused because it was a duplicate account created 6 years ago.

I contacted support before the withdrawal, and
even after receiving an email confirming receipt of the withdrawal request, it was refused.

That's where I am now.

— Trebo FX @ Aiming for social reintegration (@LastChanceJP) January 23, 2025

Regarding FXGT, some users have reported being denied withdrawals

If this is true, it would be a major concern for users

However, in most cases, withdrawal refusals occur due to the user's violation of the terms and conditions or incomplete submission of necessary identity verification documents

FXGT prohibits "fraudulent trading using bonuses" and "arbitrage trading," and violations may result in withdrawal being refused

Additionally, there is a rule that states "withdrawals must be made using the same method as the deposit," so if you request a withdrawal without following this rule, processing may be delayed

When using FXGT, be sure to check the terms of service and make deposits and withdrawals using the correct methods

In the unlikely event that your withdrawal is delayed without a valid reason, you can contact our support team to find a solution.

For more detailed information regarding withdrawal refusals, please check out article on the causes and solutions for withdrawal refusals at overseas forex brokers

FXGT's negative reviews and comments #3: Orders often slip

FXGT has switched to order book trading, and even with just one lot, there's slippage. I don't need the deposit bonus, just revert to the previous settings. pic.twitter.com/gRhzifzUjf

— N301 (@N___301) November 20, 2023

Some users have reported that FXGT experiences order slippage when the market changes rapidly

In particular, in highly volatile market conditions, the order price and the actual execution price may differ, which can be disadvantageous for traders .

For traders who engage in scalping or short-term trading, low execution speed can be stressful, and frequent slippage makes it difficult to execute trades according to plan

Even when using ECN or STP accounts, slippage can occur due to liquidity issues

To mitigate these risks, it's necessary to use limit orders to aim for execution at your desired price , avoid high-volatility periods , and choose an account type with a narrow spread

When using FXGT, it's important to understand these execution characteristics and develop an appropriate trading strategy

FXGT's Negative Reviews/Comments #4: Low Execution Power

No matter how many times I try, my trades are being executed 1.4 pips lower
. Everyone, be careful!

This is #VDP #FXGT pic.twitter.com/aiCbB36Ggb

— §swallow§ (@luckbird67) August 22, 2024

FXGT has also received complaints regarding its execution speed

According to user reviews, there were instances where trades were executed 1.4 pips lower than the target price, no matter how many times the user attempted to trade

In FX trading, execution speed is extremely important. When slippage occurs, it becomes difficult to execute trades at the target price, which can result in increased losses

For traders who engage in short-term trading or scalping, delays in order execution and slippage can be a major source of stress .

At FXGT, the execution speed can be affected by market liquidity and server congestion, so slippage is more likely to occur, especially during economic indicator announcements and sudden market changes

Therefore, one strategy would be to try to trade during times when liquidity is highest

Furthermore, if you prioritize the stability of execution, one approach is to compare and use brokers that offer more transparent trading environments, such as ECN accounts

FXGT's Negative Reviews/Comments #5: Account maintenance fees are charged if there are no trades

I closed my FXGT account last month.
I was able to log in in the evening, so I thought, "Huh?" and contacted them again,
only to get this error. Could it be that I was charged an account maintenance fee if I left it inactive...? pic.twitter.com/cfL5z2EZmM

— Doraneko@Small-scale sprinter (@Dspecdora) February 27, 2020

It's important to note that FXGT charges an account maintenance fee if there are no transactions for a certain period of time

In fact, there have been reports from users who thought they had closed their FXGT accounts but were able to log in again, suggesting that they may have been charged account maintenance fees if they had left their accounts inactive

Generally, many overseas forex brokers charge an account maintenance fee if no trading activity occurs for a certain period of time , and FXGT is no exception.

At FXGT, if your account becomes dormant (no trading activity for an extended period), a fee may be deducted from your balance.

Therefore, if you do not plan to trade for an extended period, it is important to either formally close your account or check the account maintenance fee rules in advance

If you'd like to know which brokers have a high execution rate, please see list of recommended brokers with high execution rates

Comparing FXGT with other companies

When comparing FXGT with other FX brokers, differences in features and services become apparent

For example, each broker has its own strengths, such as trading tools, fees, and support systems

Here, we'll compare the features of the FXGT with those of other companies and explain the key points to consider when choosing one

Comparison table of FXGT and all 20 overseas forex brokers

I compared FXGT with other overseas forex brokers

Company name	Maximum leverage	Spread (USD/JPY)	Number of brands handled	Financial License	bonus	Explanation
FXGT	5,000 times	0.2 pips ~	Over 170 types	• Seychelles Financial Services Authority (FSA) • South Africa Financial Sector Action Organisation (FSCA) • Vanuatu Financial Services Commission (VFSC) • Cyprus Securities and Exchange Commission (CySEC)	• Account opening bonus • Deposit bonus	Explanation
Exdefine	Unlimited (effectively 2.1 billion times)	0.0 pips ~	Over 120 types	• UK Financial Conduct Authority (FCA) • Cyprus Securities and Exchange Commission (CySEC)	−	Explanation
Monaxa	2,000 times	0.0 pips ~	Over 70 types	• Australian Securities and Exchange Commission (ASIC) • Anguilla Financial Services Commission (AFSC) • Saint Vincent and the Grenadines (SVGFSA)	−	Explanation
XMTrading	1,000 times	0.2 pips ~	Over 1,400 types	• Seychelles Financial Services Authority (FSA) • Mauritius Financial Services Commission (FSC)	• Account opening bonus • Deposit bonus	Explanation
AXIORY	2,000 times	0.2 pips ~	Over 400 types	Belize International Financial Services Commission (IFSC)	Deposit Bonus	Explanation
HFM	2,000 times	0.0 pips ~	Over 500 types	Saint Vincent and the Grenadines (SVGFSA)	Deposit Bonus	Explanation
IS6FX	6,666 times	1.6 pips ~	Over 150 types	Saint Vincent and the Grenadines (SVGFSA)	• Account opening bonus • Deposit bonus	Explanation
TitanFX	1,000 times	0.1 pips ~	Over 300 types	• Vanuatu Financial Services Commission (VFSC) • Seychelles Financial Services Authority (FSA) • Mauritius Financial Services Commission (FSC) • British Virgin Islands Financial Services Commission (BVI)	−	Explanation
iFOREX	1,000 times	0.7 pips ~	Over 700 types	British Virgin Islands Financial Services Commission (BVI)	Deposit Bonus	Explanation
JadeFOREX	200 times	0.0 pips ~	Over 30 types	−	−	Explanation
Axi	1,000 times	0.0 pips ~	Over 200 types	Saint Vincent and the Grenadines (SVGFSA)	−	Explanation
VT Markets	1,000 times	0.0 pips ~	Over 900 types	• Australian Securities and Exchange Commission (ASIC) • South African Financial Sector Conduct Authority (FSCA) • Saint Vincent and the Grenadines (SVGFSA)	Deposit Bonus	Explanation
Three Trader	1,000 times	0.0 pips ~	Over 90 types	Financial Services Commission of the Republic of Vanuatu (VFSC)	Deposit Bonus	Explanation
businessMarkets	2,000 times	0.7 pips ~	Over 200 types	Cyprus Securities and Exchange Commission (CySEC)	Deposit Bonus	Explanation
BigBoss	2,222 times	0.3 pips ~	Over 80 types	Saint Vincent and the Grenadines (SVGFSA)	• Account opening bonus • Deposit bonus	Explanation
Swift Trader	1,000 times	0.6 pips ~	Over 80 types	- Mwali International Services Authority (MISA) of the Comoros Union - Labuan Financial Services Authority (LFSA)	• Account opening bonus • Deposit bonus	Explanation
Vantage Trading	2,000 times	0.0 pips ~	Over 2,000 types	• Australian Securities and Exchange Commission (ASIC) • Financial Services Commission of the Republic of Vanuatu (VFSC)	• Account opening bonus • Deposit bonus	Explanation
MYFX Markets	1,000 times	0.0 pips ~	Over 60 types	Saint Vincent and the Grenadines (SVGFSA)	−	Explanation
TradeView	500 times	0.0 pips ~	Over 100 types	Cayman Islands Monetary Authority (CIMA)	−	Explanation
TradersTrust	3,000 times	0.0 pips ~	Over 180 types	Seychelles Financial Services Authority (FSA)	Deposit Bonus	Explanation

FXGT is an overseas forex broker that boasts high leverage, a wide range of trading instruments, and a generous bonus system

Compared to other companies, our strengths lie in offering leverage of up to 5,000 times and holding a wide range of financial licenses .

Because it is supervised by multiple international regulatory bodies, such as the South African Financial Sector Action Authority (FSCA) and the Vanuatu Financial Services Commission (VFSC), it is also reliable in terms of security

Furthermore, while some competitors limit bonuses, FXGT regularly offers attractive bonuses for new account openings and deposits, making it ideal for traders who want to start trading with a small amount of capital

Furthermore, it excels in narrow spreads and stable execution, boasting top-class conditions in the industry, especially for cryptocurrency trading

This overall excellent balance makes FXGT an attractive option for a wide range of traders, from beginners to advanced users

For more detailed comparison information on overseas forex brokers, please see this article below ↓

Top Recommended Overseas FX Brokers Ranking | Thoroughly Introducing the Best Trading Environments by Category

Popular account types at FXGT

FXGT offers multiple account types to suit various trading styles

Here, we will explain each account type of FXGT

1. Mini Account
2. Standard+ Account
3. ECN account
4. PRO account
5. Optimus account
6. Crypto Max Account

Mini Account

currency unit	10,000
currency pair	Forex, exotic currency pairs, stock indices, metals and energy, cryptocurrencies, CFDs, GTi12
Lowest spread	1.0 pips
Transaction fees	$0
Maximum leverage	1,000 times
Minimum initial deposit	$5
bonus	subject
Maximum lot size	200
Minimum lot size	0.01
Stop-loss level	20%
Margin call	none

The Mini Account is a type of account within FXGT that is specifically designed for beginners .

With a low minimum deposit, you can start trading with a small amount of capital, making it suitable for FX beginners and those who want to learn trading while minimizing risk

The main feature of this account is it allows for low-risk trading due to its small lot size .

Compared to a standard account, the lot size is set smaller, making it easier to enter trades even with a small amount of margin

In addition to major FX currency pairs, we offer a diverse lineup including stock indices, metals, energy, equities, and cryptocurrencies

The fact that we only use carefully selected trading stocks is another reason why it's chosen by beginners

Standard+ Account

currency unit	100,000
currency pair	Forex, Exotic Currency Pairs, Stock Indices, Metals and Energy, Stocks, Cryptocurrencies, Synthetic Pairs, GTi12, DeFi Tokens, NFTs
Lowest spread	1.5 pips
Transaction fees	$0
Maximum leverage	1,000 times
Minimum initial deposit	$10
bonus	subject
Maximum lot size	200
Minimum lot size	0.01
Stop-loss level	20%
Margin call	none

The Standard+ account is the most balanced account type available at FXGT

It is suitable for a wide range of traders, from beginners to intermediate levels, and allows trading of various assets such as currency pairs, CFDs, and cryptocurrencies .

With a maximum leverage of 1,000 times, it's attractive because even traders with small amounts of margin can manage their investments efficiently

Furthermore, there are no transaction fees, and the spreads are set relatively narrow, making it suitable for scalping and day trading

Often used as an eligible account for bonus campaigns, this account is suitable for those who want to trade while taking advantage of FXGT's generous bonuses

Many traders use FXGT as their main account, and its versatility is a key feature

ECN account

currency unit	100,000
currency pair	Forex, Exotic Currency Pairs, Stock Indices, Metals and Energy, Stocks, Cryptocurrencies, Synthetic Pairs, GTi12, DeFi Tokens, NFTs
Lowest spread	0.0 pips
Transaction fees	Forex: $6/lot , Metal: $5/lot, Cryptocurrency: 0.1%/lot
Maximum leverage	1,000 times
Minimum initial deposit	$5
bonus	Not applicable
Maximum lot size	200
Minimum lot size	0.01
Stop-loss level	40%
Margin call	none

The ECN account an advanced account type that offers extremely narrow spreads starting from a minimum of 0.0 pips and high execution speed .

It features direct interbank order processing and extremely narrow spreads, making it suitable for high-frequency trading (HFT) and scalping

Unlike a standard account, this account incurs trading fees, but the spreads are extremely narrow, offering a cost-saving advantage for frequent traders

Its high execution speed and minimal slippage make it easy to enter and exit trades at your target price

For FX currency pairs, the commission is 6 USD per lot for round-trip trades, and for cryptocurrency CFDs, it is 0.1% of the trade size

This account is especially recommended for traders who focus on short-term trading or those who engage in arbitrage

PRO account

currency unit	100,000
currency pair	Forex, Exotic Currency Pairs, Stock Indices, Metals and Energy, Stocks, Cryptocurrencies, Synthetic Pairs, GTi12, DeFi Tokens, NFTs
Lowest spread	0.5 pips
Transaction fees	$0
Maximum leverage	1,000 times
Minimum initial deposit	$5
bonus	Not applicable
Maximum lot size	200
Minimum lot size	0.01
Stop-loss level	20%
Margin call	none

The PRO account is designed for advanced FX traders who are serious about trading FX

Similar to ECN accounts, it features narrow spreads and high execution speed, but it differs in that there are no trading fees

Therefore, this account is suitable for traders who prioritize a balance between spreads and transaction costs

The PRO account is especially recommended for day traders and swing traders .

The PRO account is attractive because it has no trading fees and narrow spreads, allowing you to trade while keeping overall costs down

With a minimum spread of just 0.5 pips and no commission fees for each trade, you can trade while keeping costs down

Optimus account

currency unit	100,000
currency pair	Foreign exchange, stock indices, metals and energy, stocks, cryptocurrencies, GTi12
Lowest spread	0.8 pips
Transaction fees	$0
Maximum leverage	5,000 times
Minimum initial deposit	$10
bonus	Not applicable
Maximum lot size	200
Minimum lot size	0.01
Stop-loss level	0%
Margin call	none

The Optimus account is FXGT's high-end account designed for advanced traders

You can use high leverage of up to 5,000 times with low spreads and no trading fees

The spreads are set to the narrowest possible level and are designed for use by professional traders

The Optimus account offers extremely fast execution speeds and the most advanced order processing capabilities among the accounts offered by FXGT

Therefore, it provides an ideal environment for traders who engage in scalping or ultra-short-term trading

However, the minimum deposit amount is set higher than other account types, making it more suitable for traders who manage a certain amount of capital

This account is recommended for those who want the highest level of execution while minimizing transaction costs

Crypto Max Account

currency unit	1
currency pair	Crypto assets, synthetic pairs, DeFi tokens, NFTs, GTi12
Lowest spread	0.0 pips
Transaction fees	$0
Maximum leverage	500 times
Minimum initial deposit	$5
bonus	subject
Maximum lot size	*Depending on the brand
Minimum lot size	*Depending on the brand
Stop-loss level	40%
Margin call	none

The Crypto Max account a dedicated account type for cryptocurrency CFD trading , and its key feature is that it allows leveraged trading of many cryptocurrencies, including Bitcoin and Ethereum.

Since the cryptocurrency market operates 24 hours a day, 365 days a year, you can trade anytime using FXGT's Crypto Max account

A major advantage is that the spreads on cryptocurrencies are set narrowly, allowing you to trade at lower costs compared to typical cryptocurrency exchanges

Furthermore, by utilizing leverage of up to 500 times, you can aim for large profits even with a small amount of capital

This account is ideal for those who want to engage in short-term trading that takes advantage of the volatility (large price fluctuations) of the cryptocurrency market, or for traders who seek a trading environment specifically for cryptocurrencies

As this is a bonus-eligible account, simply by making a deposit, you will receive a bonus that can be used for real trading as part of your margin

The process from opening an FXGT account to trading

To start trading with FXGT, you need to complete the account opening process and set up your trading environment

The account opening process itself can be completed entirely online, and applications can be submitted in as little as a few minutes

This section provides a detailed explanation of the process from opening an FXGT account to actually starting trading

1. Please fill out the account opening form
2. Perform email verification
3. Log in to your FXGT member page
4. Open an MT4/MT5 account
5. Upload your identity verification documents

Please fill out the account opening form

First, access the FXGT official website and fill out the account opening form

When registering, you will need to enter the following information correctly

1. Name (in Roman letters)
2. email address
3. password
4. Country of residence

After entering your information and agreeing to the terms and conditions click the "Register" button, and a verification email will be sent to the email address you registered.

At FXGT, your email address is linked to your trading account, so please make sure to enter it correctly

Perform email verification

After submitting the account opening form, FXGT will send a verification email to the email address you registered

Please review the email content and click the link provided to complete email verification .

Once email verification is complete, your account will be officially activated, and you will be able to log in to your FXGT My Page

If you do not receive the verification email, please check your spam folder or contact FXGT support

Please complete the email verification process, as you will not be able to proceed with the account opening procedure until you have done so

Log in to your FXGT member page

Once email verification is complete, log in to your member page (dashboard) from the FXGT official website

Please log in to your FXGT member page using the email address and password you set

Open an MT4/MT5 account

FXGT offers both MT4 (MetaTrader 4) and MT5 (MetaTrader 5) as trading platforms

From your My Page, select "Open a Trading Account," choose your desired account type, and proceed with opening the account.

After selecting the account you wish to open and completing the application, you will receive detailed information about your trading account (login ID, password, server information)

Use this information to log in to MT4 or MT5 and get ready to trade

Upload your identity verification documents

need to complete a Know Your Customer (KYC) verification process to enable withdrawals and bonus receipts .

If submitting a driver's license, My Number card, or alien registration card, please upload photos of both sides

After submission, FXGT will review your application and usually approve it within 24 hours

Once approved, you will be able to make deposits and withdrawals, use bonuses, and officially start trading

Frequently Asked Questions (Q&A) about FXGT's reputation

Finally, we will answer some frequently asked questions and answers regarding FXGT's reputation

I will answer the following questions, so please use this as a reference

1. Is the FXGT safe? Are there any risks?
2. Which country is FXGT a company based in?
3. Is FXGT illegal?
4. How much is the account maintenance fee for FXGT?
5. Does FXGT refuse withdrawals?
6. How do I log in to FXGT?
7. How many additional accounts can I open with FXGT?

Is the FXGT safe? Are there any risks?

FXGT is an overseas forex broker registered with the Seychelles Financial Services Authority (FSA) and operates under certain regulations

Therefore, compared to completely unregulated brokers, this overseas forex broker offers a certain level of safety

However, it does not

Furthermore, FXGT employs a zero-cut system, so you don't have to worry about margin calls even if your account balance goes negative

However, due to fluctuations in spreads and the impact of execution speed, unexpected losses may occur, so thorough risk management is necessary

It is important to check whether there have been any reports of withdrawal refusals and to strive for safe transactions

Which country is FXGT a company based in?

FXGT operates under the corporate name 360 Degrees Markets Ltd

Because it holds a license from the Seychelles Financial Services Authority (FSA), it operates under certain regulations

Seychelles is one of the regions where many overseas forex brokers have their bases, but the regulations are less stringent compared to major financial licenses in Europe and the United States

Therefore, when using FXGT, it is important to make a comprehensive judgment on the company's reliability and track record

FXGT has been used by many traders since its establishment in 2019, but it's important to note that its history is relatively short compared to domestic FX brokers with a long track record of operation

Is FXGT illegal?

XGT is a forex broker that holds an overseas financial license and is not an illegal company .

However, because it is not registered with the Financial Services Agency (FSA) in Japan, it does not receive the same legal protection as domestic FX brokers

Under Japanese law, "using an overseas forex broker" is not illegal in itself。

Therefore, there is no problem with using FXGT, but you should keep in mind that you will not be able to consult with the Financial Services Agency if a problem occurs

How much is the account maintenance fee for FXGT?

At FXGT, there are basically no account maintenance fees

However, it's important to note that if no transactions are conducted for a certain period, a dormant account fee will be charged

Specifically, if no transactions are made for more than 90 days, the account will be considered dormant, and a monthly account maintenance fee of $10 will be charged.

This fee will continue to be deducted until your account balance reaches zero, so if you are not going to trade for an extended period, it is recommended that you withdraw your funds

Once you resume trading, the fees will stop being charged, so you can avoid unnecessary fees by trading regularly

Does FXGT refuse withdrawals?

While FXGT generally has few reports of withdrawal refusals, withdrawals may be refused if certain conditions are not met

In particular, please pay attention to the following points

• If identity verification (KYC) has not been completed
• If a transaction using a bonus is deemed fraudulent
• If the withdrawal method does not match the deposit method
• If you need to submit additional documents for withdrawals exceeding a certain amount

it is important to check the terms and conditions in advance and follow the correct procedures

FXGT has a relatively comprehensive support system, so if you experience any delays in withdrawals, you can resolve the issue by contacting support

How do I log in to FXGT?

Logging into FXGT is as simple as opening the login screen on your My Page, entering your registered email address and password, and clicking "Login .

To log in to FXGT's MT5, you will need three things: the MT5 login ID (account number) and login password issued when you opened your account, and the account server name

How many additional accounts can I open with FXGT?

FXGT allows you to add up to 5 additional accounts

FXGT allows you to open up to 5 additional accounts per account, for a total of 6 accounts

Summary of FXGT reviews

FXGT is an overseas forex broker that is supported by many traders, offering high leverage, generous bonuses, and a variety of trading accounts

On the other hand, there are also points to note regarding spread fluctuations and withdrawals, so it is important to check the terms and conditions in advance and use the service appropriately

While there are few reports of withdrawal refusals, delays can occur due to incomplete identity verification or violations of the terms of service

When using FXGT, it's important to understand its advantages and disadvantages and choose an account that suits your trading style