This is an article about FXGT spreads.
FXGT is a forex broker that is very popular in high leverage trading of cryptocurrencies such as Bitcoin.
The spread of cryptocurrency is far narrower than other brokers, and there is an advantage to use FXGT which is not only high leverage as well.
On the other hand, currency pair spreads are wider level.
In this article, I will explain the following:
- All spread list of FXGT
- The reason why traders choose FXGT
- How to narrow the spread as much as possible
What is Spread?
The difference between the selling price (Bid) and the buying price (Ask) is called a spread, and this is the actual commission of the Forex broker.
For details on why spreads widen, why spreads change depending on the broker, symbol, and time of day, etc., please refer to the separate article “Low Spread Forex Brokers“.
FXGT Account Type
FXGT offers only one account type.
It is a spec that corresponds to a standard account of other brokers.
The ordering method is STP, and there are no transaction fees other than spreads.
| FXGT Account | |
|---|---|
| Method | STP |
| Platform | MT5 |
| Base currency | USD,EUR,JPY, BTC,ETH,XRP,USDT |
| Contract size | 1 lot = 100,000 |
| Min trade volume | 0.01 lots |
| Max leverage | 1:500 |
| Margin call | 80% |
| Stop out | 50% |
| NBP | ✓ |
| Min spread | 1.4pips~ |
| Commission fee | X |
| Lot restriction per ticket | 50 lots |
| Max orders | 100 positions |
| Swap free | ✓ |
| Deposit bonus | ✓ |
| Min deposit | $10 |
| EA | ✓ |
| Scalping | ✓ |
| Stop level | 5.2pips(EURUSD) |
For more information on FXGT account types, please see the separate article “FXGT Account Type | Check the specifications and conditions before opening an account“.
All Spread List in FXGT
I have compiled a list of spreads for all products posted on the official website in an easy-to-understand manner.
Spreads of Currency Pair
A list of currency pair spreads.
| Symbol | Min Spreads | Average Spreads |
|---|---|---|
| AUDCAD | 2.5 pips | 2.8 pips |
| AUDCHF | 2.6 pips | 2.9 pips |
| AUDJPY | 2.8 pips | 3.0 pips |
| AUDNZD | 3.3 pips | 3.6 pips |
| AUDUSD | 1.6 pips | 1.8 pips |
| CADCHF | 3.0 pips | 3.3 pips |
| CADJPY | 2.8 pips | 3.0 pips |
| CHFJPY | 2.6 pips | 2.9 pips |
| EURAUD | 2.9 pips | 3.2 pips |
| EURCAD | 2.8 pips | 3.3 pips |
| EURCHF | 2.1 pips | 2.5 pips |
| EURDKK | 26.0 pips | 27.0 pips |
| EURGBP | 1.7 pips | 1.9 pips |
| EURHUF | 35.0 pips | 35.9 pips |
| EURJPY | 1.8 pips | 2.2 pips |
| EURNOK | 52.0 pips | 65.0 pips |
| EURNZD | 3.8 pips | 4.5 pips |
| EURPLN | 45.5 pips | 50.0 pips |
| EURSEK | 47.0 pips | 53.0 pips |
| EURTRY | 60.5 pips | 75.5 pips |
| EURUSD | 1.4 pips | 1.6 pips |
| GBPAUD | 3.3 pips | 4.0 pips |
| GBPCAD | 3.9 pips | 5.3 pips |
| GBPCHF | 2.9 pips | 4.0 pips |
| GBPJPY | 3.0 pips | 3.5 pips |
| GBPNZD | 5.0 pips | 6.2 pips |
| GBPUSD | 1.9 pips | 2.2 pips |
| NZDCAD | 3.5 pips | 4.0 pips |
| NZDCHF | 3.4 pips | 3.8 pips |
| NZDJPY | 2.8 pips | 3.0 pips |
| NZDUSD | 2.5 pips | 2.7 pips |
| USDCAD | 2.0 pips | 2.3 pips |
| USDCHF | 2.0 pips | 2.2 pips |
| USDCNH | 32.0 pips | 35.0 pips |
| USDCZK | 15.3 pips | 16.5 pips |
| USDDKK | 32.0 pips | 33.8 pips |
| USDHKD | 25.0 pips | 28.0 pips |
| USDHUF | 22.0 pips | 25.0 pips |
| USDJPY | 1.4 pips | 1.6 pips |
| USDMXN | 105.0 pips | 110.0 pips |
| USDNOK | 49.8 pips | 56.0 pips |
| USDPLN | 32.0 pips | 36.0 pips |
| USDRUB | 41.2 pips | 42.0 pips |
| USDSEK | 42.1 pips | 50.0 pips |
| USDSGD | 19.5 pips | 21.0 pips |
| USDTRY | 63.0 pips | 74.0 pips |
| USDZAR | 110.0 pips | 130.0 pips |
| TRYJPY | 1.5 pips | 1.7 pips |
Spreads of Cryptocurrency
A list of cryptocurrency spreads.
| Symbol | Min Spreads |
|---|---|
| ADABTC | 1.0 pips |
| ADAEUR | 257.0 pips |
| ADAJPY | 330.0 pips |
| ADAUSD | 325.0 pips |
| BCHEUR | 2.2 pips |
| BCHJPY | 2.5 pips |
| BCHUSD | 2.4 pips |
| BTCEUR | 12.5 pips |
| BTCJPY | 21.0 pips |
| BTCUSD | 17.5 pips |
| DOTBTC | 21.0 pips |
| DOTEUR | 10.0 pips |
| ETHBTC | 0.6 pips |
| ETHEUR | 0.9 pips |
| ETHJPY | 0.9 pips |
| ETHUSD | 0.8 pips |
| LTCBTC | 70.0 pips |
| LTCEUR | 0.0 pips |
| LTCJPY | 0.9 pips |
| LTCUSD | 9.5 pips |
| XLMBTC | 0.2 pips |
| XLMEUR | 11000.0 pips |
| XLMJPY | 250.0 pips |
| XLMUSD | 12000.0 pips |
| XRPBTC | 0.7 pips |
| XRPEUR | 0.0 pips |
| XRPJPY | 7.9 pips |
| XRPUSD | 7.1 pips |
Spreads of Metal
A list of metal spreads.
| Symbol | Min Spreads | Average Spreads |
|---|---|---|
| XAUUSD | 3.0 pips | 3.0 pips |
| XAGUSD | 0.3 pips | 0.3 pips |
Spreads of Energy
A list of Energy spreads.
| Symbol | Min Spreads | Average Spreads |
|---|---|---|
| NGAS | 0.3 pips | 0.3 pips |
| USOIL | 0.5 pips | 0.5 pips |
| UKOIL | 0.5 pips | 0.5 pips |
Spreads of Index
A list of Index spreads.
| Symbol | Min Spreads | Average Spreads |
|---|---|---|
| US30 | 0.3 pips | 0.3 pips |
| US100 | 0.3 pips | 0.3 pips |
| US500 | 0.1 pips | 0.1 pips |
| JP225 | 0.9 pips | 1.2 pips |
| GER30 | 0.3 pips | 0.3 pips |
| UK100 | 0.3 pips | 0.3 pips |
| FRA40 | 0.3 pips | 0.3 pips |
| AUD200 | 0.4 pips | 0.4 pips |
The reason why traders choose FXGT
FXGT has a normal level of spreads other than cryptocurrencies, but there is still a reason to choose it.
This is because it has the following advantages over other forex brokers.
- Max 1:500 high leverage trading
- Also can trade cryptos with 1:500 leverage
- Max $70,500 deposit bonus
- Customer assets are completely Conservation Trust and highly reliable
- Negative protection system, you never be in debt
- Free deposit and withdrawal fees
- Deposit by crypto is allowed
- No requote
- Good support
FXGT is very famous and it is a very good condition for trading cryptocurrencies.
Spreads of cryptocurrencies such as Bitcoin and Ethereum are narrow, and also you can choose cryptocurrency as your account currency.
Not only cryptocurrency but also individual stocks are offered, so FXGT is attractive Forex broker.
In addition, chat support is also provided, so it can be said that you can use it with confidence.
To trade with the narrowest spread as possible
Spreads should be as narrow as possible.
You can trade with a narrower spread by taking the following measures and precautions.
Do not trade during times when spreads widen
Spreads tend to be narrower when there are many trading participants in the market, that is when liquidity is high.
Also when the important economics news and indicators are accnounced, and when if there are big news in the world, spreads tend to widen as well.
You can prevent spreads from widening strangely by trading at the most normal time of day when trading is active.
Take advantage of bonuses
FXGT offers a bonus program.
Occasionally, FXGT offers more luxurious bonuses as a campaign.
You can increase the amount of margin by taking advantage of the bonus, so the actual spread will be narrower.
For example, with a 50% deposit bonus, a 50% bonus will be given to the deposit amount, so the margin will be 1.5 times and the spread will be effectively 2/3.
By taking advantage of the bonus in this way, you can narrow the actual spread.
Summary
What did you think.
FXGT is very attractive not only for cryptocurrencies but also for trading currency pairs and CFDs, and considering the merits that you can get, it can be said that FXGT is a broker that can be used as a main broker.
If you are still hesitant to use FXGT, why not open a real account and get deposit bonus, and trade for the time being, or try a demo account.
＼Just 3 minutes!!／
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