This FXGiants review explores a new brokerage opportunity for traders. The online trading world moves fast, and it’s impossible to keep track of every new brokerage that comes out. Realistically, most aren’t worth a trader’s attention anyway.
However, occasionally, a company may shake up the market or simply provide an alternative to the usual, sometimes stale choices. These brokers do something different. They introduce a new feature, are particularly adept at customer care, or simply offer a balanced service that’s just a bit better than the norm. Trading is all about finding small edges, so why wouldn’t a trader grab such an opportunity?
Is FXGiants one of those companies, or is it a dud? That’s what we’re here to find out.
FXGiants Review: Is it Secure?
Traders who have been in the market for a while know that security is the first thing to look for in a broker. All it takes is one scam broker for you to lose a significant portion of your disposable funds.
And with newer brokerages like FXGiants, it may not be apparent at first glance. After all, they don’t have an extensive history, so it’s hard to find sources to pull from.
But even then, it’s not impossible. This part of our FXGiants review will tackle its security to see whether it fulfils the baseline requirement for most traders.
FXGiants is a company that follows common safety procedures like KYC. With this, its community is kept clean from anyone who would misuse the service, and it gives itself a code of conduct.
On top of that, the website is clear, easy to navigate, and conveys information concisely and truthfully. There are no embellishments or half-truths that aim to hide parts of the service and lure traders in.
Finally, in the research for this FXGiants review, we didn’t find anything that would point towards it being malicious. Customer testimonials are fairly positive, professional outlets agree with this sentiment, and the broker itself seems fairly customer-oriented, with solid support and consistent, multi-channel communication.
Altogether, we predict that users will have no trouble with FXGiants. It seems to be taking the slow-but-steady route instead of aiming for quick profits.
FXGiants Bonuses and Promos
To break through the noise, a broker needs to stand out. It doesn’t need to be flashy and offer new, often unproven services. It just needs something to pique traders’ interests.
For our FXGiants review, that stems from its bonuses and promotions. Again, these aren’t anything that traders haven’t seen before; they are just there to build some goodwill and make the experience a bit smoother.
There are three bonuses available:
- Booster Bonus – A 40% bonus that modifies wins and losses so that the P/L ratio doesn’t change.
- Bonus Maximiser – A bonus that doubles traders’ deposits, but also halves their profits and losses, essentially letting users handle more capital with the same P/L ratio.
- Bonus Advantage – A simple bonus that gives 60% on deposits under $1,000, and 40% on those over.
Note that all bonuses are non-withdrawable, and that the information in this FXGiants review isn’t enough for you to understand them fully. The broker has a dedicated page where it has more clearly outlined the conditions.
As for the promotions, they mostly revolve around influential trading personalities who want to bring over their audiences. The Introducing Broker and Affiliates programmes should be familiar to most as straightforward referral systems. Interestingly, FXGiants also offers a White Label promotion for those with particularly large audiences.
FXGiants Review of Trading Solutions
However alluring the bonuses are, they wouldn’t be worth much without a solid service supporting them. That’s why FXGiants ensured to also provide top-tier trading tech as a part of its service.
The platform, as somewhat expected, is MetaTrader 4. Simply put, there’s a reason this platform is so favoured among forex and CFD traders. It’s easy to learn, can run well even on older devices, and has a lot of deep functionality, so those who want to devote their time to figuring the platform out will find it well worth it.
However, the broker also goes beyond. The PMAM feature is there for traders who use different accounts for different tactics, or trading account managers. This feature makes it much simpler to conduct the day-to-day, leading to less frustration and more consistent results.
Next for this part of the FXGiants review, we have the VPS Hosting feature. For those who value low latency and an always-on platform, this is the perfect tool. It creates a private server that your MT4 platform can run on, optimising performance compared to personal devices. This is especially meaningful for certain tactics like scalping.
Finally, we have Trading Central for the other side of the coin, the more analytical traders. This feature allows traders to go deep, with Market Buzz, AI-driven insights, thousands of indicators, curated news, and more.
Accounts and Assets
The final service segment for this FXGiants review, the accounts allow traders to control their service and pricing to optimise their performance. The accounts are divided into two categories: Live and STP/ECN.
The live accounts have fixed and floating options with varying spread levels. These are the only two accounts that can access the bonuses. The last live account, Live Zero Fixed Spread, fixes spreads to 0 but introduces flat fees.
For the STP/ECN account, the first two options are for spreads without commissions, and the other way around. The final type, Absolute Zero, blends the best of both worlds, with spreads from 0.2 and no commissions. This positions it as likely the best option for traders who can meet the conditions.
Lastly, FXGiants’ asset list is fairly broad, with over 300 assets in:
- Forex
- Indices
- Futures
- Shares
- Metals
- Commodities
The choices are very varied, but traders can also check the full asset list on the FXGiants website to ensure that their preferred assets are present.
FXGiants Review: Final Word
Few things are left to say about FXGiants. It’s a highly capable brokerage that promises incredible versatility, with strong trading conditions that provide options for many different trading styles. If you’re a trader who likes to deviate from preset trading routes, this just might be the brokerage for you.
*Terms & Conditions apply. Bonus cannot be withdrawn. All trading involves risk. It is possible to lose all your capital. You should consider whether you can afford to take the high risk of losing your money.
