FXGT is a Forex company with many Japanese users. FXGT has a very good reputation among Japanese users, but compared to XM Trading, which has a good reputation as well, which one is better? 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 XMtrading
| FXGT | XMtrading | |
| Headquarter | Seychelles | Seychelles |
| License | FSA | FSA |
| Established | 2019 | 2009 |
| Company | 360 Degrees Markets Ltd | Tradexfin Limited |
| 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 merchandise Stock index virtual currency |
| Trading Fee | Free | Free |
| Average Spread | 0.0pips~(ECN Account) | 0.1~(Zero Account) |
| Min Lot | 0.01 | 0.01 |
| Max Lot | 200 | 100 |
| Max Position | 200 | 200 |
| 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 EUR |
| Trade Tool | MT5 | MT4 MT5 |
| Min Deposit | $5 | $5 |
| Account opening Bonus | 〇 | 〇 |
| Deposit Bonus | 〇 | 〇 |
| Campaign | 〇 | 〇 |
trade tools
FXGT mainly supports only MT5. Therefore, you may find it difficult to use. On the other hand, XM Trading also supports MT4. However, MT4 has already been developed and there is no update.
Brands handled
XMtrading will trade the same products as other Forex companies, but FXGT is very interesting. We also handle GTi12 index and Synthetic, so it will be a very innovative Forex company.
long-established company
FXGT is a relatively new company that has appeared in the last few years, but XMtrading has a track record of over 10 years of operation, so it can be said that it is a company that can be very secure.
Many Japanese users
What they both have in common is that they have an extremely large number of Japanese users. More than 98% of XM trading is Japanese users, and it is a Forex company specializing in Japanese users. This is the same for FXGT, Global GT is for overseas, FXGT is for Japanese.
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.
| FXGT | XM | |
| Forex Currency | 55 | 55 |
| Metal | 2 | 4 |
| Energy | 3 | 5 |
| merchandise | – | 8 |
| stock | 35 | – |
| Stock index | 10 | 24 |
| virtual currency | 32 | 31 |
| GTi12 | 1 | – |
| DeFi | 10 | – |
| synthetic | 20 | – |
| NFT | 5 | – |
Exchange average spread comparison
Looking at this, it doesn’t look like much difference, but you can clearly see that FXGT has a smaller pound spread. Therefore, FXGT is better for those who like pounds.
| FXGT | XM | |
| USD/JPY | 1.5pips | 1.5pips |
|---|---|---|
| EUR/JPY | 2.1pips | 2.1pips |
| EUR/USD | 1.4pips | 1.6pips |
| GBP/JPY | 2.9pips | 3.2pips |
| GBP/USD | 1.6pips | 1.9pips |
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.
コメント