General Information & Regulation
FXGiants is an international online broker that offers retail and institutional traders across the globe access to trade over 200+ instruments from multiple asset-classes including Forex, Commodities, Cryptocurrency, Stocks, Shares, Indices, Metals, Energies & CFDs.The FXGiants group contains 3 companies registered in Australia, Bermuda and the United Kingdom. FXGiants is a trade name of Notesco UK Limited, regulated by the Financial Conduct Authority (FCA) with registration number 585561. FXGiants AU is a trade name of Notesco Pty Limited, regulated by the Australian Securities and Investments Commission (ASIC) with Australian Financial Services License (AFSL) number 417482. The global offering of FXGiants, FXGiants BM is operated by Notesco Limited and registered in Bermuda with company registration number 51491. Notesco Limited is not subject to any regulation.
FXGiants have over 200+ tradeable instruments across multiple asset-classes including Forex, Commodities, Cryptocurrency, Stocks, Shares, Indices, Metals, Energies & CFDs.
FXGiants have a variety of flexible trading accounts to choose from. Each live account is designed with a different type of investor in mind. The micro account requires a minimum initial deposit of $100. Although this is the reasonable amount, traders should not open accounts here, since it is an unregulated broker.
When it comes to trading leverage, the maximum leverage offered by FXGiant is super high, reaching up to 1:1000. Generous leverage is not necessarily a good thing,e especially offered by unregulated brokers, so traders should take extra care to use it.
Spreads & Commissions
The micro account has the option to choose between a fixed spread starting from 2.2 pips or variable spreads starting from 1.1 pips. The premium account has the option to choose between a fixed spread starting from 1.2 pips or variable spreads starting from 0.7 pips. The 0 fixed spread account has variable spreads starting from 0 pips and a commission charge from $18 per lot per round turn. The STP/ECN No Commission account has variable spreads and no commission charged.
FXGiants offer a range of powerful and flexible trading platforms that are freely available for both Windows and Mac Operating Systems, along with mobile applications for smartphone and tablet devices (Android & iOS) which allow you to access your trading account whilst on the go from anywhere in the world with an internet connection.
At FXGiants the minimum deposit starts from $100. This broker accepts deposits via several routes including Visa, wire transfer, and digital wallets such as Neteller and bitwallet. These methods are instant except for wire transfer, and clients have the choice of six base currencies. Where deposits or withdrawals are performed without trading activity, the broker charges a 3% fee on deposited funds. Withdrawal can only be done through bank wire, and traders should apply via the Hub. Withdrawal processing time can be up to 5 working days.
FXgiants customer support team is available 24/5 via online chat, telephone and email. Support is multilingual, with toll free numbers for various countries on the website.