August 12, 2020

Top Forex Brokers

FXGate Review

Latest updated information about FXGate

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 

FX Gate Account Types Comparison