FXGT review summary
FXGT is a hybrid forex, CFD and crypto broker founded in 2019 and headquartered in Limassol, Cyprus. It carved out a niche by treating cryptocurrency as a first-class asset class rather than an afterthought, pairing 30+ tradable coins with the usual forex majors, metals, indices and share CFDs on MT4 and MT5.
The standout features in this FXGT review are accessibility and reach. A $5 minimum deposit on the entry account is among the lowest in the market, and offshore leverage of up to 1:1000 gives active traders far more flexibility than an EU-capped account allows. Combined with its crypto depth, that makes FXGT a natural home for traders who want digital assets and leveraged FX side by side under one login.
FXGT account types
FXGT offers a tiered range from a true micro account up to a commission-based ECN account. The figures below reflect the broker’s published structure; confirm current terms on the FXGT site before funding.
| Account | Min. deposit | Spreads | Commission | Best for |
|---|---|---|---|---|
| Mini | $5 | From ~1.0 pip | None | Absolute beginners and small balances |
| Standard+ | $10 | From ~1.0 pip | None | Everyday discretionary traders |
| Pro | $5 | From ~0.5 pips | None | Spread-only traders wanting tighter pricing |
| ECN | $100 | From 0.0 pips | Up to ~$6 round-turn (FX) | Active traders chasing raw spreads |
ECN commissions differ by asset class — roughly up to $6 round-turn on FX, around $5 on metals, and a small percentage on crypto. FXGT does not offer a dedicated cent account, but the $5 Mini account fills a similar low-risk role.
Regulation & safety
FXGT operates through several entities under CySEC (EU), FSCA (South Africa), FSC Mauritius and VFSC Vanuatu. As with most multi-jurisdiction brokers, the protections you get depend entirely on which entity you sign with.
The CySEC route applies the EU/ESMA framework: retail leverage capped at 1:30, negative balance protection, segregated client funds, and Investor Compensation Fund cover up to €20,000 for eligible clients. The headline 1:1000 leverage and the lowest deposits come instead from the offshore Vanuatu and Mauritius entities, which permit far higher leverage but offer weaker regulatory recourse if something goes wrong. Because FXGT markets aggressively on leverage and crypto, it is especially important to confirm the exact entity and licence number that applies to your country and to verify it on the relevant regulator’s register before depositing.
Who FXGT is best for
- Traders who want crypto and leveraged FX/CFDs in a single MT4/MT5 account
- Beginners and small accounts attracted by the $5 entry point
- Experienced traders who deliberately want high offshore leverage
- Active forex traders comfortable with commission-based ECN pricing
Who should look elsewhere
- Crypto-focused traders who also want the tightest FX costs may prefer Exness, which offers deep crypto funding plus raw spreads
- Traders who want top-tier EU/ASIC regulation as standard should look at Pepperstone or Pepperstone
- Beginners who value structured education over high leverage will get more from XM
Bottom line
FXGT scores 3.6/5. It is a capable, genuinely crypto-friendly hybrid broker with one of the lowest entry barriers around and very high offshore leverage. The trade-offs are its short track record and a marketing tilt toward high-leverage crypto trading. For a trader who specifically wants digital assets alongside leveraged forex on MT4/MT5 and is comfortable using an offshore entity, FXGT is a reasonable, low-cost place to start — just choose the entity that matches your risk tolerance.
