FXGiants is a legally registered forex broker located in Bermuda, but not regulated by any government agency.
FXGiants accepts clients from all over the world, excluding USA, Iran, Cuba, Sudan, Syria and North Korea.
Forex broker offers the following underlying assets for trading.
|70+ Currency Pairs||Based on major and minor world currencies.|
|5 Currency Futures||Based on AUD, CHF, EUR, GBP, JPY.|
|18 Indice CFDs||Based on baskets of different blue-chip stocks, US Dollar Index and Volatility Index.|
|7 Metal CFDs||Based on Gold, Silver, Platinum, Palladium, Copper.|
|3 Energy CFDs||Based on Crude Oil (WTI, Brent) and Natural Gas.|
|7 Soft CFDs||Based on Cocoa, Coffee, Cotton, Rice, Soybeans, Sugar, Wheat.|
|100+ Stock CFDs||Based on shares of US, UK, EU and HK companies.|
FXGiants is a forex broker registered in Bermuda, where it has been operating since 2020. The broker offers extremely high trading leverage of up to 1:1,000, and accepts traders from most countries in the world except the US and a few sanctioned countries.
One thing we really like about FXGiants is the great selection of trading instruments here. The broker offers more than 100 stocks from companies listed in the US, Europe and Hong Kong, which is more than what we typically see from other forex brokers.
Besides stocks, FXGiants also has a strong offering for forex traders, with more than 70 forex pairs to choose from. This comes in addition to a decent number of stock indices, and commodities such as precious metals, copper, oil, natural gas, as well as various soft commodities. Lastly, the broker offers trading in 5 different currency futures, with the Australian dollar (AUD), Swiss franc (CHF), euro (EUR), British pound (GBP), and Japanese yen (JPY) as the underlying assets.
All of the instruments FXGiants has to offer can be traded on the MetaTrader 4 (MT4) platform. This is the only full-feature trading platform FXGiants currently supports, but given its massive popularity it should still be enough to satisfy most traders.
As an add-on to the MT4 platform, FXGiants also offers a copy trading platform called TradeCopier. As with all social platforms, this tool allows new traders to copy trades made by more experienced traders, while those who are sharing their trades can earn an extra income from their followers.
During the sign-up process, all new clients will be asked to choose an account type to trade with. For this, FXGiants offers 6 choices:
– Live Floating Spread, with spreads from 1 pip and no commissions
– Live Fixed Spread, with spreads from 1.3 pips and no commissions
– Live Zero Fixed Spread, with spreads from 0 pips and commissions of $9 per lot per side
– STP/ECN Account No Commission, with spreads from 1.7 pips and no commissions
– STP/ECN Zero Spread, with spreads from 0 pips and commissions of $3.75 per side
– STP/ECN Absolute Zero, with spreads from 0.2 pips and no commissions
Trading accounts can be funded with Visa, MasterCard, UnionPay, bank wire transfer, Bitwallet or directly with Bitcoin (BTC). All of the funding methods work instantly with the exception of bank transfer, which typically takes 2-5 days to get credited to the trading account.
To contact FXGiants’ customer support, clients can use either live chat, email or make a call. The broker promises on its website that its customer service team is available around the clock on trading days, and that the team is “multilingual.”
In conclusion, we see FXGiants as yet another newcomer that is trying to establish itself in an already crowded field of offshore forex brokers. As always, we urge all traders to be careful when depositing money with offshore-registered brokers due to the lacking regulations in many countries, and this is also something we would advise for those considering FXGiants. However, if super-high leverage and a good selection of instruments on MT4 is what you are looking for, then FXGiants should have you covered.