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FXGiants
FXGiants is a subsidiary of IronFX.com, which has received negative attention for regulatory warnings and unfavorable votes from the FPA traders court. Despite these concerns, FXGiants claims to provide a wide range of investment and trading options, including over 80 forex currency pairs, cfds, commodities, shares, indices, gold, silver, oil, bitcoin, and other cryptocurrencies. With a minimum trade size of 0.01 and a maximum leverage of 30:1, FXGiants aims to cater to various traders' needs. Established in 2015, the company is located in London, United Kingdom. They offer trading platforms like MT4 and provide web and mobile trading options. FXGiants also allows the use of EAs/Robots, news trading, and scalping strategies. Deposit and withdrawal methods include bank wire, VISA, MasterCard, Dotpay, FasaPay, Monero, Neteller, SafeCharge, Skrill, and UnionPay. While it is important to remain neutral, it is advisable to exercise caution when considering FXGiants as a trading option.
Broker Details
- Minimum Trade Size: 0.01
- Maximum Leverage: 30:1
- Minimum to Open Live: $100
- Established: 2015
- Address: 12th Floor, Broadgate Tower, 20 Primrose Street, London, EC2A 2EW, United Kingdom
- Contact: [email protected], 44(0)207 523 5395
- Regional Offices: N/A
- Regulators: FCA #585561
- Prohibited Countries: N/A
- Trading Platforms: MT4
- Web Trading: ✓ Yes
- Mobile Trading: ✓ Yes
- ECN: ✓ Yes
- Currencies: Trading Instruments (80 )
- Cryptocurrencies: (5 ) Bitcoin, Litecoin, Ethereum
- CFD: (175 ) Gold, Silver, Other Precious Metals, Stocks, Stock Indexes, Oil, Other Commodities
- Trading Conditions: EAs/Robots: ✓ Yes, News Trading: ✓ Yes, Scalping: ✓ Yes
- Managed Accounts & Social Trading: N/A
- Deposit Methods: Bank Wire (Bank Transfer/SWIFT), VISA, MasterCard, Dotpay, FasaPay, Monero, Neteller, SafeCharge, Skrill, UnionPay
- Withdrawal Methods: Bank Wire (Bank Transfer/SWIFT), VISA, MasterCard, Dotpay, FasaPay, Monero, Neteller, SafeCharge, Skrill, UnionPay
Pros and Cons
Pros:
- Wide range of trading instruments including forex currency pairs, CFDs, commodities, shares, and cryptocurrencies
- Multiple trading platforms available, including MT4
- Allows EAs/Robots, News Trading, and Scalping
- Diverse deposit and withdrawal methods
Cons:
- Association with IronFX.com, which has been rated as a scam
- Limited information about regional offices and managed accounts/social trading
Scammer or Not: Safety Check
Due to the association with IronFX.com, which has been rated as a scam, there are concerns about the safety and reliability of FXGiants. Traders should exercise caution and conduct thorough research before engaging with this broker. It is recommended to seek alternative options with a proven track record and positive reputation.FAQ
Q: Can I trust FXGiants as a reliable forex broker?
A: Given the association with IronFX.com, which has been rated as a scam, it is advisable to approach FXGiants with caution. Conducting thorough research and considering alternative options with a proven track record is recommended.Q: What trading platforms are available with FXGiants?
A: FXGiants offers the popular MT4 trading platform, providing traders with a user-friendly interface and a wide range of features for efficient trading.Q: Are there any restrictions on trading with FXGiants?
A: FXGiants allows various trading strategies, including EAs/Robots, News Trading, and Scalping. However, it is important to review their terms and conditions for any specific restrictions or limitations.Q: What deposit and withdrawal methods are accepted by FXGiants?
A: FXGiants offers a diverse range of deposit and withdrawal methods, including Bank Wire (Bank Transfer/SWIFT), VISA, MasterCard, Dotpay, FasaPay, Monero, Neteller, SafeCharge, Skrill, and UnionPay. Traders can choose the method that suits their preferences and convenience.Conclusion
FXGiants, as a branch of IronFX.com, raises concerns regarding its association with a broker that has been rated as a scam. Traders should exercise caution and conduct thorough research before engaging with this broker. It is advisable to explore alternative options with a proven track record and positive reputation in the forex industry. The decision to trade with FXGiants should be made after careful consideration of the risks involved. If you have any experience working with FXGiants, feel free to leave your feedback on the forexroboteasy.com website. Your insights and experiences can help other traders make informed decisions.forexroboteasy.com