FXGate Review

FXGate is a well-established broker since 2019. FXGate has a headquarter in Malaysia. FXGate to provide their Forex/CFD trading services to over 4 million clients.

This broker has also been regulated by FSA (Labuan) MB/19/0031.

Account Information

Apart from the forex demo account, this broker offers Standard, Premium and Platinum. To successfully navigate your trading account, you also need to consider about leverage and minimum deposit. Talking about leverage in general, the maximum leverage offered by FXGate is up to 1:100. Meanwhile, you can open an account with a starting capital of $100.

Min Deposit

$100

Max Leverage

1:100

Spread

Fixed

If you want to look for a more simple explanation regarding this broker's account type(s), take a look at the following chart:

• Standard
• Premium
• Platinum

💲 Min Deposit $100

💡 Min Position 0.01 lot

🔢 Spread Fixed

📉 Scalping

🤖 Expert Advisors

⏱ Trailing stop

⏳ Pending orders

1️⃣ One-click trading

⚡ Automated trading

Instruments Traded

Besides lots of currency pair, FXGate also offers some instruments you would like to trade on, such as Forex, Gold & silver, Indexes and Energies for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.

As for Standard account, FXGate specifically provides it with the following instruments and leverage:

Forex
1:100

Gold & silver
1:100

Indexes
1:50

Energies
1:50

💲 Min Deposit $5000

💡 Min Position 0.01 lot

🔢 Spread Fixed

📉 Scalping

🤖 Expert Advisors

⏱ Trailing stop

⏳ Pending orders

1️⃣ One-click trading

⚡ Automated trading

Instruments Traded

Besides lots of currency pair, FXGate also offers some instruments you would like to trade on, such as Forex, Gold & silver, Indexes and Energies for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.

As for Premium account, FXGate specifically provides it with the following instruments and leverage:

Forex
1:100

Gold & silver
1:100

Indexes
1:50

Energies
1:50

💲 Min Deposit $25000

💡 Min Position 0.01 lot

🔢 Spread Fixed

📉 Scalping

🤖 Expert Advisors

⏱ Trailing stop

⏳ Pending orders

1️⃣ One-click trading

⚡ Automated trading

Instruments Traded

Besides lots of currency pair, FXGate also offers some instruments you would like to trade on, such as Forex, Gold & silver, Indexes and Energies for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.

As for Platinum account, FXGate specifically provides it with the following instruments and leverage:

Forex
1:100

Gold & silver
1:100

Indexes
1:50

Energies
1:50

Payment Methods

Wire transfer : Wire Transfer is the most commonly used payment method. Nearly all brokers in the world provide this method on their service. The reason is wire transfer is basically traditional transfer between banks in the worldwide. So, this method is guaranteed for its safety. This really helps traders who avoid third-party payments or don't have credit cards.

Skrill : Mostly, all forex brokers provide Skrill as an online payment service option. Fast, easy, and safe transactions are the main reasons why traders using this method. Traders can use Skrill to fund their trading accounts with either payment cards, bank wire transfers, or directly from a Skrill e-wallet account.

Neteller : Like PayPal, Neteller is one of the most popular online payment services today. Due to this popularity, nearly all forex brokers accept Neteller as a payment method for their clients' fund deposit and withdrawal. Although the Neteller system is available almost all over the world, it remains particularly popular in Europe.

FasaPay : Known as an e-payment for retail forex traders, FasaPay does not require a huge amount of fee, giving it a competitive edge among any other e-payments in the forex brokerage industry. Instant process is also featured as one of its advantages.

CashU : If you live in the Middle East, CashU is one of the most popular online payment services there. CashU is a digital wallet that allows clients to pay or transfer money online instantly and offer users its own pre-paid MasterCard with no absolutely additional fees attached. Introduced in July 2002, CashU has targeted the Middle East and North African markets where it serves close to 2.3 million customers. This is the reason why many of the forex brokers that are expanding in the North African and Middle East market accept CashU as one of their payment methods.

FXGate also provides payment with AliPay, Tether (USDT), Perfect Money, Crypto and Credit/debit cards

FAQ About FXGate

Is FXGate a good broker?

A good broker constitutes a good service for traders in terms of many criteria including trading instruments, deposits and withdrawals, as well as customer support. What is good for a certain trader does not necessarily mean the same thing to you. So the term "a good broker" can vary in meaning. You can decide for yourself if FXGate is a good broker for you or not by reviewing the criteria. In general, FXGate provides trading service in Forex , Gold & silver , Indexes and Energies . As for the payment methods, you can choose between AliPay, Crypto, CashU, Credit/debit cards, FasaPay, Neteller, Perfect Money, Skrill, Tether (USDT) and Wire transfer. The customer support is available via Email, Live chat, Office, Phone and Web form.

What is the minimum deposit for FXGate?

The starting capital in FXGate is $100.

Is FXGate regulated?

FXGate is regulated by FSA (Labuan) MB/19/0031. A regulated broker equals a more responsible trading environment. You can also expect a more guaranteed safety of funds as some of regulatory frameworks in the financial industry require a compensation scheme in case of unprecedented incidents that result in clients' financial losses.

Is FXGate legit?

FXGate is a brokerage company offering trading services for clients since 2019 with offices in Malaysia.