Reviewed broker: FX Gate
Location: Malaysia
Regulation: Labuan Financial Services Authority (LFSA)
Direct Market Access DMA: yes
STP broker: yes
Why Trade Forex with FX Gate?
- The largest financial market in the world
- Open 24 hours a day, 5 days a week
- Transparent market
- Deep liquidity
- 50+ actively traded products
- Simple to understand, easy to trade
- Profit from the movement in either direction, long or short
- Use leverage to maximize profits
FX Gate Review : Trading Conditions
Trading Instruments: up to 70 currencies pairs, indices, commodities, precious metals and energies
Segregated accounts: All clients’ funds are kept fully segregated from our own assets. This ensures that clients’ funds are available for them at all times, and cannot be used by the broker for any purpose.
Spreads start from 1.8 pips on majors with standard account at the time of this review. Decent spreads are offered with Platinum account starting from 1.2 however the minimum deposit requirement is beyond anything rational standing at $25,000! The majority of forex brokers, including many reliable and licensed ones, offer spread within the range of 1.0 – 1.5 pips for this pair without crazy deposit requirements such as with FXGate.
Maximum leverage up to 1:100 which is relatively low compared to other forex brokers such as Liteforex, XM, Instaforex who offer 1:500 and above
Minimum lot size 0.01
Standard | Premium | Platinum | |
Min. Deposit | $100 | $5,000 | $25,000 |
Instruments | Forex + Metals + Energy + USDX | Forex + Metals + Energy + USDX | Forex + Metals + Energy + USDX |
Min. Lot Size Per Trade | 0.01 | 0.01 | 0.01 |
Spreads Types | Variable | Variable | Variable |
Average Spreads On Major FX Pairs | 1.8 Pips | 1.6 Pips | 1.2 Pips |
Average Spreads On Metals | 30 Cents | 28 Cents | 24 Cents |
Standard Leverage | 1 : 100 | 1 : 100 | 1 : 100 |
Trading Platform | MT4 | MT4 | MT4 |
5 Digit Quote | Yes | Yes | Yes |
FX Gate Review : Trading Platforms
METATRADER FOR DESKTOP
MetaTrader 4 is an independent trading platform that was developed for trading Foreign Exchange and products based on Futures Contracts. MT4 is considered to be one of the most recognized and reliable online trading applications available. The trading platform can be downloaded from this FXGate website securely to your PC. Through the MT4 you will obtain fast, tight prices when trading our products. Along with tight spreads and low margin requirements, FXGate offers outstanding customer support.
MT4 FOR MOBILE
Access the industry’s most popular trading platform on your iOS or Android devices, with full mobile functionality! Open and close your positions, monitor the markets in real-time, and conduct technical analysis with over 30 pre-packaged technical indicators—directly from your device!
METATRADER 4 KEY FEATURES
Download now so you can have a stable and secure environment for you trading.
- Various execution technologies: Instant Execution and Request Execution
- Complete technical analysis package: wide range of in-built indicators and charting tools
- The ability to create various custom indicators, different time periods (from minutes to months)
- Multi-Lingual platform interface (English, German, French, Russian, Arabic, Spanish, Farsi, Japanese)
- History database management and import/export facility
- In-built help guides for MetaTrader 4 and MetaQuotes Language 4
- Manage your account in different base currencies
WHY ZULUTRADE
Simply Effortless
Offered for all traders of all levels, Zulutrade is easy to use and enables you to copy trades of your chosen systems directly to your account with user-friendly interfaces eliminating the complex ways of managing your risk.
Social Trading
Be a part of a successful trading community from around the world by sharing your strategies or following other traders in real time.
Recognized Successful Traders
ZuluTrade discloses a wide selection of subscribed traders and signal providers you can follow; they are ranked by the system of successful winnings, followers and traded instruments
Easy Monitoring
Accessible on desktop widget apps, ZuluTrade is also available for iPad/ iPhone, Android and Windows devices as well as implemented on MT4 Platform.
ZuluGuard
ZuluTrade provides an account safety feature that monitors each trader’s behavior and automatically removes bad trades, safeguarding your account.
BENEFITS OF ZULUTRADE
- Follow and copy seasoned traders
- Wide selection of leading signal providers
- Ranking based on success, currency and more
- Risk management and strategy tools
- Be part of a successful trading community
FX Gate Review : Payment Options
FXGate ensures our clients get instant deposits and fast withdrawals while using the many payment methods available. Connecting clients to Top Tier 1 prime Liquidity providers and deep liquidity.
Minimum deposit requirement for standard account is $100
FX Gate Review : Customer Support
24/5 multi-lingual staff assisting traders with various questions.
How was the rating of FXGate performed compared to other brokers?
This 2023 Forex Broker Review has been conducted though thorough research and assessment of rating and ranking among almost 300 international forex brokers. The final grade is given based on FXGate FX broker performance and features.
Overall our online FXGate review was conducted with the details obtained from the demo trading and the forex brokers website. If you would like to add details to this online FXGate or you find inaccurate details FXGate broker review please get in touch with us and the changes will be applied.