FXGT is a Forex company with many Japanese users. FXGT has a very good reputation among Japanese users, but which one is better compared to the IS6FX, which has a good reputation as well? Let’s compare the features of the two companies.
FXGT company profile
The operating company is 360 Degrees Markets Ltd. 360 Degrees Markets Ltd is located in the Seychelles. Seychelles is an island country with many financial companies, and there are many companies that operate FX. This is due to the relatively loose regulation of the Seychelles.
Account type and type
FXGT offers 5 account types, each with its own characteristics. Therefore, the account type you choose will depend on your trading strategy, user level, and trading method. It is better to compare the contents before deciding which account type is best for you.
word of mouth and reputation
One of the reasons why FXGT has such a good rating is that the deposits and withdrawals are very fast. This is quite popular with users, and some users are surprised at the speed of response.
FXGT VS IS6FX
FXGT | IS6FX | |
Headquarter | Seychelles | St. Vincent and the Grenadines |
License | FSA | × |
Established | 2019 | 2016 |
Company | 360 Degrees Markets Ltd | is6com.Co.Ltd |
Max Leverage | 1000 | 1000 |
Trade Instrument | currency pair precious metal energy stock Stock index virtual currency coin GTi12 index DeFi token synthetic NFTs | currency pair precious metal energy Spread spread index virtual currency |
Trading Fee | Free | Free |
Average Spread | 0.0pips~(ECN Account) | 0.0~(ECN Account) |
Min Lot | 0.01 | 0.01 |
Max Lot | 200 | 100 |
Max Position | 200 | 30 |
Scalping | 〇 | 〇 |
Auto Trading | 〇 | 〇 |
Hedge | 〇 | 〇 |
Margin Call | 50~70% | 50% |
Loss Cut | 20~40% | 20% |
Zero Cut | 〇 | 〇 |
Account Currency | JPY USD EUR BTC ETH XRP ADA USDT | JPY USD BTC ETH USDT USDC |
Trade Tool | MT5 | MT4 MT5 |
Min Deposit | $5 | $5 |
Account opening Bonus | 〇 | 〇 |
Deposit Bonus | 〇 | 〇 |
Campaign | 〇 | 〇 |
financial license
IS6FX’s biggest concern is that it does not have a financial license in the first place. Therefore, there is no asset guarantee, so it becomes a source of anxiety. Since FXGT has a license, it will be a company that can be relieved to some extent.
trade tools
FXGT mainly supports only MT5. Therefore, you may find it difficult to use. On the other hand, IS6FX also supports MT4. However, MT4 has already been developed and there is no update.
Stock comparison
You can see that FXGT is very large in terms of the number of currency pairs handled as a whole. FXGT is good if you want to invest in many stocks. IS6FX handles a wide variety of virtual currencies.
FXGT | IS6FX | |
Forex Currency | 55 | 36 |
Metal | 2 | 2 |
Energy | 3 | 2 |
merchandise | – | – |
stock | 35 | 21 |
Stock index | 10 | 7 |
virtual currency | 32 | 71 |
GTi12 | 1 | – |
DeFi | 10 | – |
synthetic | 20 | – |
NFT | 5 | – |
Exchange average spread comparison
Looking at this, you can clearly see that IS6FX’s spreads are generally too wide. Looking at the spread, FXGT is overwhelmingly better.
FXGT | IS6FX | |
USD/JPY | 1.5pips | 1.9pips |
---|---|---|
EUR/JPY | 2.1pips | 2.3pips |
EUR/USD | 1.4pips | 2.2pips |
GBP/JPY | 2.9pips | 3.9pips |
GBP/USD | 1.6pips | 2.9pips |
Open an account for free
FXGT can open an account for free. It’s free, so there’s no risk. Please refer to the article below on how to open an account.
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