Global Broker governance & inquiry App




Malaysia|5-10 years|
Regulated in Malaysia|Straight Through Processing(STP)|MT4/5 White Label|Regional Brokers|


Rating Index

MT4/5 Identification


White Label


United States



Influence index NO.1

South Africa 2.43

MT4/5 Identification

MT4/5 Identification

White Label

Server Name
FXGate-Live MT4
Server Location United States




Influence index NO.1

South Africa 2.43

Surpassed 100.00% brokers

Biz AreaSearch StatisticsAdvertisingSocial Media Index


+852 +971 4 430 6868


VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core



Open Now

Check whenever you want

Download App for complete information

WikiFX Verification

Users who viewed FXGate also viewed..


10-15 yearsRegulated in AustraliaMarket Making(MM)MT4/5 full license
Official website

CPT Markets

5-10 yearsRegulated in United KingdomMarket Making(MM)MT4/5 full license
Official website

IC Markets

10-15 yearsRegulated in AustraliaMarket Making(MM)MT4/5 full license
Official website

FP Markets

15-20 yearsRegulated in AustraliaMarket Making(MM)MT4/5 full license
Official website

FXGate · Company Summary

Aspect Information
Company Name FXGate
Registered Country/Area United Arab Emirates
Founded year 2005
Regulatory Status Regulated by LFSA
Tradable assets Forex, commodities, indices, and shares
Account Types Standard, Mini, ECN, and Islamic accounts
Minimum Deposit $100
Maximum Leverage 1:500
Spreads Starts from 1.5 pip for major currency pairs
Trading Platforms MetaTrader 4, MetaTrader 5, Webtrader, and mobile trading platforms
Demo Account Available
Deposit & Withdrawal Bank transfer, credit/debit card, and e-wallets
Customer Support Phone Number:+852 +971 4 430 6868Customer Service Email

Overview of FXGate

Established in 2005, FXGate is a Forex broker registered in the United Arab Emirates. It offers a broad band of tradable assets, including Forex, commodities, indices, and shares. The broker provides multiple account type options such as Standard, Mini, ECN, and Islamic accounts, catering to various traders' specific needs. FXGate requires a minimum deposit of $100, offering maximum leverage up to 1:500 and competitive spreads starting from 1.5 pip for major currency pairs. Trading can be done using various platforms like MetaTrader 4, MetaTrader 5, Webtrader, and mobile platforms. Traders are also offered a demo account to hone their trading skills. The broker ensures efficient customer support via email, phone, and live chat in multiple languages. Deposits and withdrawals can be made through bank transfers, credit/debit cards, and e-wallets.

Overview of FXGate

Regulatory Authority

FXGate is regulated and operates under the supervision of the Labuan Financial Services Authority (LFSA), holding a regulatory number MB/19/0031. It is officially recognized and actively regulated, signifying that the broker operates under strict rules and guidelines set by the regulatory body. Its license type is Straight Through Processing (STP), a mechanism that allows for faster trade execution and prevents intervention by a dealing desk. The name of this license provided by LFSA further validates its commitment to maintaining industry standards and providing safe and secure trading services.

Regulatory Authority

Pros and Cons

Pros Cons
Registered and regulated under LFSA Services not available in some countries
Offers maximum leverage up to 1:500 Potential for higher risk with increased leverage
Competitive spreads starting from 1.5 pips Spreads vary for different account types
Provision of demo account for practice Limited virtual funds in demo account
Multilingual customer support Customer service response time can vary
Various methods for deposit and withdrawal Potential transaction fees on withdrawals
Comprehensive educational resources No customization options for educational content


1. Registered and Regulated under LFSA: Being regulated under the Labuan Financial Services Authority (LFSA) adds a sense of security and credibility to FXGate. This means they need to adhere to stringent standards and guidelines set by the regulatory body, enhancing trader's trust and confidence.

2. Low Minimum Deposit: FXGate offers a low minimum deposit of $100, making it an accessible option for beginners or those with a limited initial investment budget.

3. Offers Maximum Leverage up to 1:500: This high leverage allows traders to execute larger trades than their account balance would ordinarily allow. It can magnify potential profits.

4. Competitive Spreads: Starting from 1.5 pip for major currency pairs gives traders the potential to secure profits without needing huge market movements.

5. Multiple Trading Platforms: FXGate provides MT4, MT5, Webtrader, and mobile trading platforms, giving users a broad range of options to choose as per their trading style and preference.

6. Provision of Demo Account: A demo account allows beginners to practice trading with virtual funds before taking the risk with real money.


1. Services Not Available in Some Countries: FXGate's service availability is geographically restricted in some countries, which excludes potential traders from those areas.

2. Potential for Higher Risk with Increased Leverage: While high leverage can mean higher returns, it can also translate to bigger losses.

3. Limited Virtual Funds in Demo Account: The amount of virtual funds in the demo account might not accurately reflect a real trading experience with substantial capital.

4. Potential Transaction Fees on Withdrawals: While FXGate does provide various withdrawal options, some methods might incur transaction fees which can eat into traders' funds.

5. No Customization Options for Educational Content: Traders can't personalize the learning resources based on individual skills and knowledge levels, potentially limiting the effectiveness of the materials.

Market Instruments

FXGate showcases a varied portfolio of market instruments and financial products for its traders. Catering to different risk appetites and trading strategies, the range encompasses Forex, commodities, indices, and shares.

In the Forex sector, FXGate offers a wide array of major, minor, and exotic currency pairs. This allows traders to take advantage of global financial market movements and currency fluctuations. With competitive spreads starting from 1.5 pip, traders have the potential to maximize their gains.

Commodities trading is another significant part of FXGate's offer. Traders can engage with an assortment of commodities, like gold, oil, natural gas, and other commodities, providing diversification possibilities for their portfolio.

The indices offered by FXGate are across the globe's leading economies. Whether it's the Dow Jones, FTSE, or the Nikkei, traders can engage with these markets to potentially benefit from their volatility and diversity.

The broker also opens up the avenue for share trading, with a generous selection of shares from prestigious and significant companies globally. This allows traders to partake in the success of these companies by trading their shares.

Account Types

FXGate caters to a wide range of traders by offering four distinct types of accounts: Standard, Mini, ECN, and Islamic accounts.

The Standard Account is a versatile choice for both beginners and experienced traders. It typically requires a moderate initial deposit and offers competitive spreads. It's suited for traders who prefer trading fewer lots at higher spreads.

The Mini Account is particularly mindful of beginners or people who prefer to trade with a lower initial deposit. It often has no or a very small minimum deposit requirement. While spreads may be wider compared to other account types, it permits trading with smaller contract sizes, making it ideal for those who want to keep risk levels at a minimum while still learning the ropes.

The ECN Account stands for an Electronic Communications Network account. It connects traders directly with liquidity providers like banks and other brokers. This account type inherently implies faster execution periods and tighter spreads. Nonetheless, ECN accounts usually demand higher minimum deposits and may carry a commission for every trade executed.

Lastly, Islamic Accounts are special accounts that comply with the principles of Islamic law regarding business and finance, also known as Sharia law. These accounts are swap-free i.e., they do not incur or reward any interest, which is forbidden (“Haram”) in Islam. They're designed for traders from Islamic countries, or any trader who wishes to conduct trades per Islamic principles.

How to Open an Account of FXGate?

Opening an account with FXGate is a straightforward process. Here's a concise guide on how to do it:

1. Visit FXGate's website: Begin by going to the FXGate's official website.

2. Click on “Open Account”: You can typically find this button on the homepage's top side or navigation menu.

3. Fill in Your Personal Information: A registration form will appear asking for your personal details. It typically includes name, contact information, country of residence, etc. This information is necessary for setting up your account and ensuring the client's authenticity.

4. Complete the Risk Questionnaire: Most brokers present you with a quick risk assessment questionnaire to understand your trading experience, your understanding of the risks involved and match you with the most suitable type of account.

5. Upload Required Documents: Identity Verification is a crucial part of the process. It usually requires a scanned copy of your passport or other government-issued ID and a recent utility bill or bank statement as proof of address.

6. Select Account Type: Based on your trading needs, select the account type that suits you the best from the options of Standard, Mini, ECN, and Islamic Accounts.

7. Proceed to Fund Your Account: Once your account is approved, you can deposit funds into the account. FXGate has multiple funding options available like bank transfer, major credit/debit cards, and e-wallets for your convenience.

8. Start Trading: Post deposit, you are set to trade on the platform. Download the preferred trading platform, and you are good to go.

How to Open an Account of FXGate?


FXGate offers a maximum leverage of up to 1:500. This high leverage ratio means that for every dollar deposited in their account, traders can trade up to $500. This amplifies potential profits but it also strongly cautions traders as losses can be maximized as well. High leverage, therefore, attracts experienced traders who understand the risk associated with leveraging their trades. For novice traders, it is always recommended to trade with lower leverage until they are more accustomed to the risks involved in forex trading.

Spreads & Commissions

FXGate offers competitive spreads starting from as low as 1.5 pips on major currency pairs. The spread is the difference between the buy and the sell price and is essentially the broker's commission on every trade. Lower spreads translate to lower trading costs for the trader, allowing them to potentially secure profits without the need for huge market movements.

It's important to note that the spreads are variable, meaning they will fluctuate based on market conditions and the type of account the trader uses. For instance, the ECN account typically features tighter spreads though it might entail a commission per trade. On the other hand, the Standard and Mini accounts might have slightly wider spreads but generally do not charge a commission.

Trading Platform

FXGate provides traders with multiple trading platform options, including the globally renown MetaTrader 4 (MT4) and MetaTrader 5 (MT5), Webtrader, and their mobile trading platforms.

MetaTrader 4: MT4 is known for its user-friendly interface and a wealth of built-in features. It provides various analytical tools, including several technical indicators and charting tools, allowing traders to implement their strategies effectively. It supports automated trading using Expert Advisors (EAs), which lets traders automate their strategies.

MetaTrader 5: MT5 is the upgraded version of the MT4 platform, with expanded tools and features. It offers more timeframes, indicators and graphical objects, and supports improved strategy testing. Like MT4, it also facilitates automated trading with EAs, and it has a built-in economic calendar.

Webtrader: For those who prefer online trading, the Webtrader platform allows you to trade directly from your browser without having to download any software. It typically supports all standard trading operations and provides ample analytical capabilities.

Mobile Trading Platforms: Recognizing the needs of traders on the go, FXGate also offers mobile trading platforms for both iOS and Android devices. They offer full trading functionality, incorporating most features of the desktop platforms, including real-time quotes, charting tools, trade execution, and account management functions. It allows traders to manage their accounts and execute trades from anywhere, anytime.

Trading Platform

Deposit & Withdrawal

FXGate offers several flexible options for deposits and withdrawals, making the process easily accessible and convenient for its clients. The methods include bank transfers, credit/debit cards, and multiple e-wallet options. This ensures that traders can choose their preferred method of transaction.

The broker requires a minimum deposit of $100, which is relatively low, making the platform accessible to traders with different investment capabilities. However, it's important to remember that different account types might require different initial deposit amounts.

Customer Support

For direct communication with FXGate, you can reach out through their dedicated phone line at +852 +971 4 430 6868. If you prefer written correspondence, the customer service team is readily available via email at


In conclusion, FXGate is a forex broker regulated under the LFSA, presenting its traders with a competitive arena to navigate the world of trading. Its wide range of market instruments, including Forex, indices, commodities, and global shares, coupled with low entry barriers like a $100 initial deposit, offers notable inclusivity. The provision of diverse platforms like MT4, MT5, and mobile apps caters to different user preferences, and its firm commitment to education adds substance to the broker's overall appeal to beginning and seasoned traders alike.

However, limited account types, higher potential risk with increased leverage, varying spreads with account types, the complexity of platform usage for beginners, and potentially high withdrawal fees are areas of concern.


Q: What's the minimum deposit required to start trading with FXGate?

A: You can start trading with FXGate with a minimum deposit of just $100.

Q: How many types of trading accounts does FXGate offer?

A: FXGate offers four types of trading accounts: Mini, Standard, ECN, and Islamic accounts.

Q: What kind of trading platforms does FXGate support?

A: FXGate supports multiple trading platforms including MetaTrader 4, MetaTrader 5, Webtrader, and mobile trading platforms compatible with both iOS and Android devices.

Q: What are the payment methods for depositing and withdrawing funds from FXGate?

A: FXGate supports numerous payment methods, including bank transfers, credit and debit cards, and various e-wallet options.

Q: Does FXGate offer a high leverage ratio to its traders?

A: Yes, FXGate offers a high maximum leverage of up to 1:500.

Q: Do FXGate trading spreads differ between account types?

A: Yes, the spread offered by FXGate, starting from 1.5 pips for major currency pairs, can vary according to the account type selected by the trader.

Risk Warning

Online trading poses substantial risks, with the potential for complete loss of invested capital, rendering it unsuitable for all traders. It is imperative to comprehend the inherent risks and acknowledge that the information provided in this review is subject to change due to continuous updates in the company's services and policies.

Additionally, the review's generation date is a critical consideration, as information may have evolved since then. Readers are strongly advised to verify updated details directly with the company before making any decisions, as the responsibility for utilizing the information herein rests solely with the reader.

Broker Information

Company Name


Company Abbreviation


Regulatory Status


Platform registered country and region


Company website
Company address










Customer Service Email Address

Company Summary

User Reviews

Sort by content

  • Sort by content
  • Sort by time

User comment



Write a review

more than one year
FXGate's 2-minute closure policy crushed my profits, claiming market protection. Now, capital gone. Watch out, investors, stay away from potential traps.
2023-12-28 14:17
more than one year
To be honest I really regret it now. I got information about FXGate through their website and can they say bad things about this company? Now I am a victim of their forex scam. I hope everyone can collect information extensively, and don't be deceived and fall into forex scam traps like me.
2023-03-16 17:33
more than one year
Although FXGate seems to be a safe company with a regulatory license, I found that its website can no longer be opened! I don't know if this company has closed down. Really hope no one gets scammed.
2023-03-13 18:31
Select Country/District
United States
※ The content of this website abides with local laws and regulations.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;+44-7517747077
License or other information error corrections, please send the information