Despite being based in Australia and catering mainly to English speaking traders, FXTG is a Forex broker that’s created an online platform suitable for investors of all skill levels. Operational 24 hours a day, six days a week, FXTG uses MetaTrader 4 and provides a truly flexible FX portal thanks to desktop, mobile and browser-based provisions.
To ensure its 50 currency pairs are as lucrative as possible, FXTG is committed to commission free trading with no hidden fess. Coupled with this are some of the tightest spreads in the industry as well as leverage ratios of 1:300.
For those who are new to the currency exchange market a demo account complete with $100,000 starting capital is on offer at FXTG. Giving traders the same access to the FX market as real money account holders (albeit without the chance to lose their own cash), this platform is a great way to get to grips with the foreign exchange and test out various strategies before trading for real.
FXTG.com’s Special FX:
FXTG wasn’t named the Best Broker in Australia 2013 without just cause and one of the main reasons it received this award because of its training provisions. Comprised of a learning centre, market analysis section and breakdown of international interest rates, this academic gateway is a great way for aspiring traders to bolster their skills set.
Beyond these resources sits an auto-trading platform that gives users the ability to trade like professionals even if they don’t have the same level of knowledge or investment. Utilising the services of ZuluTrade, FXTG customers can create an auto-trade account that mimics the investments of top investors.
Aside from being able to follow the trades of professionals, this software allows users to set their own parameters, which means that they are never exposed to more risk than they can handle. Overall, this gives them the ability to make a healthy profit without any of the effort associated with high volume trading.
FXTG.com’s portal is linked to the MetaTrader 4 platform and through this the following account conditions are available:
Minimum deposit = $500
Minimum lot = 0.01
Execution = ECN (Electronic Communication Network)
Variable spreads from 3 pips on major currency pairs.
Leverage = 1:500
In addition to these conditions a trader can take advantage of in-chart and mobile trading, live market analysis and customisable orders to ensure traders have full control over their investments.