The FXGT minimum deposit requirement depends on the payment processor but ranges between $5 and $100.
FXGT.com Minimum Deposit Overview
Minimum Deposit | FXGT.com | Axi | InstaForex | Tickmill | Admirals |
---|---|---|---|---|---|
Commission- Free | $5 | $0 | $1 | $100 | $100 |
Commission- Based | $5 | $0 | $1 | $100 | $100 |
FXGT.com Minimum Deposit Pros & Cons
Before making a deposit, traders should consider the pros and cons of the FXGT minimum deposit process.
The pros of the FXGT.com minimum deposits are:
- FXGT.com has four global regulatory licenses and a clean track record
- Segregation of client deposits held at Tier-1 banks
- No internal deposit fees
- Instant processing times
- Choice of payment processors, including cryptocurrencies
- A capital adequacy ratio of 40% is maintained (four times the average capital-to-risk weighted exposure ratio per regulatory requirements)
- €1,000,000 liability insurance by Renaissance Insurance Brokers
The cons of the FXGT.com minimum deposits are:
- Founded in 2019 (lacking sufficient history)
- No information on internal currency conversion fees
How to Make a Deposit
The FXGT.com minimum deposit ranges between $5 and $100, but more is needed to trade effectively, and traders should consider depositing more.
Here is how to deposit with FXGT.com:
- Log into your FXGT dashboard with your username and password
- Click “Deposit” in the top-right corner
- Choose the preferred payment processor
- Enter your desired deposit amount
- Click “Proceed”
- Follow the on-screen instructions
FXGT.com Deposit Fees & Methods
There are no internal FXGT.com deposit fees.
FXGT.com deposit methods, internal processing times, and known transaction limitations:
Deposit Method | Processing Time | Deposit Currencies | Minimum Single Deposit | Maximum Single Deposit | Withdrawal Option |
---|---|---|---|---|---|
Bank wires | Up to five days | JPY | JPY 10,000 | Undisclosed | Yes |
Instant local bank transfer | Within 15 minutes | JPY | $100 | Undisclosed | Yes |
Credit/debit cards | Instant | USD, EUR, JPY | $50 | Undisclosed | Yes |
JCB | Instant | USD, EUR, JPY | $10 | Undisclosed | Yes |
Cryptocurrencies | Instant | BTC, ETH, XRP, ADA, USDT (ERC20, TRC20) | $10 | Undisclosed | Yes |
Neteller | Instant | USD, EUR | $5 | Undisclosed | Yes |
STICPAY | Instant | USD, EUR, JPY | $5 | Undisclosed | Yes |
Noteworthy:
- The FXGT.com deposit screen lists all deposit methods, as geographic restrictions apply.
FXGT.com deposit methods vs. similar brokers
Deposit Methods | FXGT.com | Axi | InstaForex | Tickmill | Admirals |
---|---|---|---|---|---|
Bank wires | Yes | Yes | Yes | Yes | Yes |
Credit/debit cards | Yes | Yes | Yes | Yes | Yes |
Skrill | No | Yes | Yes | Yes | Yes |
WebMoney | No | No | Yes | Yes | No |
China UnionPay | No | Yes | No | Yes | No |
Perfect Money | No | No | Yes | No | No |
Other E-wallets | Yes | Yes | Yes | Yes | Yes |
Localized Methods | Yes | Yes | Yes | No | No |
Crypto-currencies | Yes | Yes | Yes | No | No |
FXGT.com Deposit Currencies
There could be a difference between the account base and deposit currency used, which traders must understand to avoid confusion and potential currency conversion fees. The former is the main currency value of the trading account, and the latter are currencies available for deposits through payment processors. FXGT does not disclose potential internal currency conversion fees.
FXGT.com supports the following account base currencies:
- US Dollar
- Euro
- Japanese Yen
FXGT.com supports the following deposit currencies:
- US Dollar
- Euro
- Japanese Yen
- BTC
- ETH
- XRP
- ADA
- USDT (ERC20, TRC20)
FXGT.com trading account currencies vs. similar brokers
Account Currencies | FXGT.com | Axi | InstaForex | Tickmill | Admirals |
---|---|---|---|---|---|
US Dollar | Yes | Yes | Yes | Yes | Yes |
Euro | Yes | Yes | Yes | Yes | Yes |
British Pound | No | Yes | No | Yes | Yes |
Swiss Franc | No | Yes | No | No | Yes |
Australian Dollar | No | Yes | No | No | No |
Others | Yes | Yes | Yes | No | Yes |
Total | 3 | 10 | 3 | 3 | 10 |
Steps for Sending the Minimum Deposit
The secure FXGT.com dashboard manages the FXGT.com minimum deposit, which functions much like any online banking platform.
Here is a step-by-step guide to sending your FXGT.com minimum deposit:
- Log into your FXGT.com dashboard and click “Deposits.”
- Choose your payment processor deposit amount, click “Proceed,” and follow the on-screen instructions.
- FXGT.com notifies clients once it credits the deposit to the account.
FXGT.com Minimum Deposit Bottom Line
The FXGT.com minimum deposit depends on the payment processor and ranges between $5 to $100. Only verified accounts can make the FXGT.com minimum deposit, and the name on the payment processor must match that of the FXGT.com account. Unlike most brokers, the FXGT.com minimum deposit is identical for all account types.
For further information about FXGT, you may read our FXGT broker review.
The FXGT.com minimum deposit is $5, but it depends on the payment processor, as only Neteller and STICPAY allow it. Other payment processors require minimum transaction amounts of $10, $50, and $100. Traders can deposit via bank wires, credit/debit cards, Neteller, STICPAY, and some cryptocurrencies. FXGT.com holds regulatory licenses issued by the FSCA in South Africa, the FSA in Seychelles, the VFSC in Vanuatu, and CySEC in Cyprus. FXGT.com offers a no-deposit bonus during promotional campaigns. It was unavailable during our FXGT.com minimum deposit review, but the last one we found was a $30 no-deposit bonus.FAQs
What is the minimum deposit for trading with FXGT.com?
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