[FXGT: for beginners] FXGT VS OctaFX, which one is better? Features, leverage and spread comparison

Global GT has become a very popular FX company for users in Asia and Africa, and is very popular because it allows you to invest in rare stocks. On the other hand, OctaFX will be a Forex company with a pretty good reputation worldwide. Which one is better for actual trading?

Global GT 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.

[Global GT, FXGT, Crypto GT] Company profile and license Features and comparison

In recent years, new brokers such as Global GT and FXGT have been launched and become a hot topic among traders. There are five brokers in GT Group, and multiple companies are involved in management. So, what kind of company is involved and whether the license has been acquired is summarized as an article.

www.tonyconrad.net

2023.02.26

What is OctaFX?

OctaFX is a Forex company established in 2011 and is known for having a large number of Indian users. This FX company has become a very well-known company in Southeast Asia, and it is famous for its many Asian users. Awarded as the best forex company in Asia in 2020.

OctaFX

Account type

Global GT offers 4 different 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.

[FXGT] Account types and types Features and recommendations

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.

www.tonyconrad.net

2023.02.27

word of mouth and reputation

One of the reasons why Global GT has such a good rating is that it handles deposits and withdrawals very quickly. This is quite popular with users, and some users are surprised at the speed of response.

[FXGT] Features, Reputation, and Reviews

FXGT is quite similar to Global GT in terms of functions, but it has changed its target and will be a brand for users in Japan and Southeast Asia. Therefore, there is a big difference to say that the user base is different. FXGT can be said to be a comprehensive broker because it handles not only foreign exchange but also stocks, NFTs, and even virtual currencies.

www.tonyconrad.net

2023.02.26

Distribution and Characteristics of Registered Users

The graph below is a quote from TradersUnion, a review site for Forex companies around the world. TradersUnion is very famous not only for Forex companies but also for reviewing virtual currency exchanges.

The main users of Global GT are very many in Africa and the Middle East. Ghana, Nigeria, Turkey, South Africa, you can see that it is a strong company in Africa. We also have users in Southeast Asia.

Source : TradersUnion

OctaFX is very popular in India, with over 30% Indians. Other than that, you can clearly see that users are quite concentrated in Southeast Asia and Africa.

Source : TradersUnion

Global GT VS OctaFX

bonuses and promotions

Global GT has account opening bonuses and even deposit bonuses. In addition to this, we also have a cashback campaign, so it is highly recommended. OctaFX also has a bonus, but it is slightly inferior.

Maximum leverage

Global GT has a maximum leverage of 1000 times, so high leverage trading is possible. On the other hand, OctaFX is also 500x, so it is possible to trade with considerable high leverage.

safety

Both have financial licenses. In addition, withdrawal refusals and troubles have not occurred so far, so you should be able to use it with confidence.

trade tools

Global GT mainly supports only MT5. Therefore, you may find it difficult to use. On the other hand, OctaFX supports MT4 and MT5.

Stock comparison

Looking at the total number of currency pairs handled, you can see that Global GT is very large. Global GT is a highly recommended Forex company because you can invest in very interesting stocks such as NFT, GTi12, and even Synthetic.

[Global GT, FXGT, Crypt GT] What is GTi12? Features and trading conditions

Have you ever heard the term GTi12? GTi12 refers to the symbol of the CFD index of cryptocurrencies. The GTi12 Index is now tradable on the GT Group. Describe what the GTi12 is and the terms of the deal.

www.tonyconrad.net

2023.03.02

[Global GT, FXGT, Crypto GT] What is a synthetic virtual currency? Features and trading conditions

The GT Group has a brand called Synthetic Virtual Currency. Most of you have never heard of this. This symbol consists of a fairly novel currency pair and is very rare, so I can recommend it to users who have opened an account. In order to trade, you need to open an account.

www.tonyconrad.net

2023.03.02

average spread comparison

We compared Global GT’s standard account and OctaFX’s MT4 account. Looking at this, you can see that the spread is clearly narrower for OctaFX.

Open an account for free

Global GT 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.

[FXGT] How to open an account for free

FXGT is a FX brand that is very popular in Asia, especially in Japan. You can open an FXGT account as soon as you have identity verification documents and address verification documents. Therefore, there are no fees, so you can easily open an account.

www.tonyconrad.net

2023.02.26