FX Giants

Overview

FXGiants is considered a relatively new forex broker. It was founded in 2015 and has been operating on the market for 3 years so far. It is a part of 8Safe UK Limited group. The company’s headquarters is located in London, United Kingdom. The firm is also regulated by FCA which is the leading forex regulator in the UK. FXGiants provides its services to customers from Europe, Australia and South America.

Deposits and Withdrawals

The minimum deposit for a Micro Account is only 100 USD. FXGiants offers a wide variety of methods for funding your account and withdrawing funds from it. Supported payment methods are VISA and MasterCard credit cards, wire transfers, UnionPay, Skrill, and Neteller. No additional charge is applied for deposits. However, a fee is applicable for withdrawals. It depends on the type of withdrawal method. Among the supported currencies are US dollar, Euro, British pound, Australian dollar, Japanese Yen etc. The list of supported currencies depends on the account type. There is no specific information presented on their website about how long the withdrawal takes to be processed. However, judging from reviews on internet-forums, the entire process is swift and does not take longer than 7 business days (depends on withdrawal method).

Trading

The company offers 7 account types for their customers, each with its special features. Micro account is available for 100 USD, Premium account for 2500 USD, Fixed Spread account for 500 USD, STP/ECN No Commission for 500 USD, STP/ECN 0 Spread for 500 USD, Absolute Zero STP/ECN and Absolute Zero Plus STP/ECN (no minimum amount of deposit mentioned). FXGiants uses the most popular trading platform nowadays – Metatrader 4. Its main benefit is that it supports multiple order types and it can be fully customized to meet users trading goals. The mobile application is also available as it is extremely convenient to be able to place your trades from any place you go. You can also try demo account before investing real funds. Also, mind checking their educational materials presented on the firm’s website. There is also an option of your personal financial advisor available at each of the proposed accounts.

Instruments

The company offers trading with 83 different currency pairs, cryptocurrencies (Bitcoin and Ethereum), Oil, Gold, CFDs, Indices, and Stocks. Their spread offers are ultra-tide and depend on the account type that you chose. The best spread offers are on STP/ECN accounts. EUR/USD pair is available on only 0.2 pips, EUR/GBP on 0.3 pips. More exotic pairs like USD/CAD are offered in around 0.4 pips.

Conclusion

Despite being new on the market, FXGiants has already earned some reputation among traders. It can be considered as a reliable choice of broker.