The LSE Directory / CFD and forex brokers
FXGT.com is an online CFD and forex broker that launched in 2019, offering trading across currency pairs, stock CFDs, commodities, equity indices and cryptocurrencies through the MetaTrader 4 and MetaTrader 5 platforms. Clients choose among several account tiers, Mini, Standard+, Pro and ECN, and a dedicated CryptoX account built specifically for cryptocurrency CFD trading with leverage of up to 500x. The broker also lets clients fund trading accounts directly with cryptocurrency rather than only fiat, and its wider instrument list extends to synthetic crypto indices and DeFi and NFT-linked CFD instruments. Within the CFD/forex broker category, FXGT positions itself toward high-leverage, low-barrier retail trading rather than the tighter-leverage EU retail model: minimum deposit is as low as $5 and maximum leverage is advertised up to 1:5000. It layers on retail-engagement features not universal among peers, a built-in copy trading tool that lets users switch between copying other traders and acting as a strategy provider, a GTLot cash-rebate loyalty program tied to trading volume, and a MetaTrader VPS sponsorship program for accounts that meet minimum equity and monthly volume thresholds. Independent trade-press analysis (FinTelegram) found the bulk of its site traffic concentrated in Japan and Thailand, indicating an Asia-retail customer base rather than the EU clients its Cyprus license would primarily address. FXGT operates through a multi-entity structure spanning several jurisdictions: a Cyprus entity within the "GT Group" regulated by CySEC under license 382/20, alongside units regulated by South Africa's FSCA (license 48896), the Seychelles FSA, and the Vanuatu VFSC. The Seychelles-registered operating company (reported in filings as 360 Degrees Markets Ltd, with GT Global Ltd cited elsewhere as the FXGT.com operator) sits alongside a separately CySEC-regulated liquidity-provider affiliate, FintecGT, under the same group. On the technical side, FXGT is documented in an AWS case study as having migrated its infrastructure from in-house and third-party data centers to AWS starting in 2020, completing by 2022 and reporting 2 to 3x capacity scaling in 3 to 4 minutes, VPS-customer latency reduced to 3 milliseconds, and a multi-region disaster recovery setup managed by a small in-house team. FXGT's regulatory picture has drawn mixed independent scrutiny. FinTelegram's February 2023 investigation flagged the group's introducing-broker structures and noted its Seychelles-regulated entity had no local permit in Japan or Thailand despite drawing most of its traffic from those markets; a FinTelegram follow-up review in April 2023 subsequently upgraded GT Group's offshore broker schemes to a "green" compliance rating. Separately, broker-monitoring site WikiFX currently lists FXGT with a "High Potential Risk" flag and a substantial volume of unresolved client complaints, mostly concerning withdrawal delays and account-review holds, a pattern common among high-leverage offshore-regulated CFD brokers and worth weighing alongside the CySEC-licensed portion of its business.
