FXGT.com Account Types: A Comprehensive Guide

Whether you are a pro with many years of experience, or taking your first steps in the industry, one of the most important decisions you will make is choosing a suitable account type to trade with.

Selecting the right account is a key part of the process, as it can be the difference between achieving your trading goals or not, with certain account types being better matched than others to your desired trading strategy, risk tolerance, and experience level.

Before exploring the account types we offer, it’s helpful to take a closer look at us as a broker first, including all the key details you need to know about, should you wish to register with us.

We’re not just another CFD broker. Since 2019, we’ve built a global reputation for excellence, earning awards like “Best Hybrid Broker” and “Best Broker 2023.” Traders worldwide trust us for a reason – we offer a seamless experience and access to a wide range of assets. Ready to see what we’re all about?

Cementing its standing as a reliable and trustworthy broker, FXGT.com is fully licensed and regulated by a number of the world’s leading regulatory authorities, including the Financial Services Authority of Seychelles (FSA), the Financial Sector Conduct Authority (FSCA), and the Vanuatu Financial Services Commission (VFSC). Meanwhile, the company is registered with the Cyprus Securities and Exchange Commission (CySEC), with the license exclusively serving institutional clients.

This adherence to internationally recognized regulatory standards means that our traders can have total confidence that their funds will be safe, while we take further measures to ensure the security of funds. This includes segregating client funds so that they are separated from company funds, collaboration with tier 1 banks, negative balance protection procedures, advanced encryption technology, and much more.

Here at FXGT.com, we offer a total of four account types: Mini, Standard+, ECN, and PRO. Each of these accounts has something different to offer, depending on the specific needs of traders, in terms of their approach to trading the global markets. It is possible to set up more than one account, which means there is greater flexibility to modify your trading goals or strategies if needed.

In the section below, we will take a closer look at the account types offered, including all key details and features you need to know about before you decide, so you can make an informed decision. This will help you select the account that best caters to your individual trading preferences.

We claim to offer the perfect account for every type of client, in which traders have a number of options available to them, including zero spread, swap-free, commission-free, or bonus-boosted trading!

Our Mini account is a great choice for new traders as it allows them to enter the markets with confidence through trading micro lots, whilst also benefiting from a wide array of instruments across multiple asset classes.

The Standard+ account is a good all-round option, meaning it is a good match for traders of all experience levels. With this account, traders can access the full basket of securities on offer and trade on hundreds of available instruments, whilst also being eligible for regular promotions and rewards.

If you’re a professional market mover, we have the perfect choice for you – the PRO account. It comes with the best trading conditions, including zero commissions and swap-free trading.

The ECN account is a good option for traders who want to experience real market trading conditions, with raw spreads on all asset classes and extremely competitive trading commissions.

Although there are some similarities between each of the four account types offered, there are also some key differences that are important to know about. In the section below, we will pay closer attention to all the features that matter, to help make it easier for you to compare between the account offerings.

Asset Classes

The four account types offer FX Pairs, Equity Indices, Metals, Energies, Stocks, Cryptos, and the GTi12 Index as tradable assets. In addition, the PRO, ECN, and Standard+ account holders can also trade Synthetic Cryptos. Overall, the PRO account has the most asset classes available to trade, as it includes DeFi Tokens and NFTs, too.

Spreads

There are noticeable differences in the spreads offered on each account, with ECN spreads starting from 0 points, PRO from 5 points, whilst the Mini and Standard+ accounts both start from 10 points. For traders looking to trade with raw spreads, the ECN account is the recommended option, whilst the PRO account has tighter spreads than Mini and Standard+.

Commission & Transaction Fees

There are zero commission or transaction fees attached to the PRO, Mini, and Standard+ accounts, whereas the ECN account features the following: up to $6 round-turn on all FX asset classes, up to $5 round-turn for Precious Metals, and a 0.1% round-turn on all Crypto asset classes.

Promotions & Bonuses

We believe in rewarding our loyal traders, and our bonus programs are proof. Whether you’re a seasoned trader or just starting out, we have special offers that help you reach your trading goals. Traders can access the latest promotions by simply opening a Mini and/or Standard+ account. However, promotions are not available to PRO and ECN account holders.

Trading Volume

The minimum trade size for all accounts starts from 0.01 Lots. The maximum trade size for PRO, ECN, and Mini is 200 Lots, whilst it is 100 Lots for Standard+. Meanwhile the trading volume limit is 200 Lots for PRO, ECN, and Standard, with the Mini account limit being 500 Lots.

Swap-free Trading

PRO and ECN account holders can trade Cryptos, Synthetic Crypto Pairs, and the GTi12 Index completely swap-free. On the PRO account, swap fees are charged after 6 days for FX, Metals, Equity Indices, and Energies, whilst on the ECN account swaps are charged after 3 days for Gold and Equity Indices. Additionally, the Standard+ account offers traders the ability to trade Synthetic Crypto Pairs completely swap-free. For a full rundown of the latest swap fees information provided by us, please visit here.

Margin Call & Stop Out

For ECN, Mini, and Standard+ accounts, the margin level is 70% and on the PRO account it is 50%. Moreover, the stop out level is 20% for PRO and 40% for the other three account types.

Leverage

We have the same maximum leverage amount across all four account types, being up to 1:1000, based on trading volume.

Minimum Deposit

Traders can fund their account by depositing a minimum of $5. This amount applies to all account types we offer at FXGT.com.

Account Currencies

The account currencies are all the same for each account option, which include: BTC, ETH, USDT, ADA, XRP, EUR, USD.

When choosing an account type, it is important to consider your individual trading needs and experience. If you are a beginner trader, we recommend looking at the Mini and Standard+ account options. For better trading conditions, tighter spreads, and for greater swap-free asset choice, then the ECN and PRO accounts are the best fit for you.

We designed a variety of account types to suit a wide range of differing trading needs. Whether you are a beginner or experienced trader, FXGT has an account type that is right for everyone, with 24/7 multilingual local support on hand to assistant you.

You can explore the full range of products, promotions, account features, and more when by visiting the FXGT.com website here.