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

Global GT(FXGT)

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, AvaTrade 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.

What is AvaTrade?

AvaTrade is a Forex company founded in Ireland in 2006. It is deployed all over the world, mainly in Europe, and the number of accounts exceeds 300,000, so it is traded by a considerable number of users. We also have a financial license, which makes us a very reliable company.

AvaTrade

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.

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.

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

Since AvaTrade is based in Ireland, its main users are Europeans and North Americans. In addition, there are many users in India and Africa.

Source : TradersUnion

Global GT VS AvaTrade

FXGTAvaTrade
HeadquarterSeychellesIreland
LicenseFSAFCA
Established20192006
Company360 Degrees Markets LtdAva Trade Markets Ltd
Max Leverage1000400
Trade StyleNDD STP
NDD ECN
NDD STP
NDD ECN
Account TypeMini
Standard+
Pro
ECN
Standard
Trade InstrumentForex
Metal
Energy
Stock
Indices
Crypto
GTi12
DeFi token
Synthetic
NFTs
Forex
Metal
Energy
Stock
Indices
Commodity
Crypto
Bonds
Trading FeeFreeFree
Average Spread0.0pips~
(ECN Account)
0.2pips〜
(Standard Account)
Min Lot0.010.01
Max Lot200
Max Position200
Scalping
Auto Trading
Hedge
Margin Call50~70%25%
Loss Cut20~40%10%
Zero Cut
Account CurrencyJPY
USD
EUR
BTC
ETH
XRP
ADA
USDT

AUD, JPY, GBP,
USD, EUR, CHF
Trade ToolMT5MT4
MT5
Min Deposit$5$200
BonusAccount Open Bonus
Deposit Bonus
Cashback Campaign
First deposit bonus
Deposit/Withdrawals MethodBank Transfer
Online Wallet
Crypto
Credit/Debit Card
Bank Transfer
Online Wallet
Credit/Debit Card

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. AvaTrade is basically not recommended because the bonuses are quite poor.

Maximum leverage

Global GT has a maximum leverage of 1000 times, so high leverage trading is possible. On the other hand, AvaTrade is also 400x, so high leverage trading is possible.

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, AvaTrade 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 GTAvaTrade
Forex Currency
Metal
Energy
Commodity×
Stock
Indices
Crypto
Bonds×
ETF×
GTi12×
DeFi×
Synthetic×
NFT×

average spread comparison

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

Global GTAvatrade
USD/JPY1.5pips1.2pips
EUR/JPY2.1pips1.3pips
EUR/USD1.4pips1.1pips
GBP/JPY2.9pips1.8pips
AUD/JPY1.6pips1.8pips
CAD/JPY3.2pips2.6pips

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.

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