FXGiants vs FXTM - CFD Broker Comparison

FXGiants vs FXTM Broker Comparison
FXGiants versus FXTM Comparison Table
Online BrokerMinimum DepositTrading PlatformsMarketsRegulated
$100MT4200+FCA, ASIC
$10MT4, MT5250+FCA, CySEC, FSCA, FSC

FXGiants and FXTM Comparison

Both of these brokers offer ECN trading accounts and other account types. Each provides MetaTrader 4 (MT4), while FXTM additionally provides MetaTrader 5 (MT5), the successor to MT4.

FXGiants and FXTM are regulated by the FCA in the United Kingdom. FXGiants is regulated by the ASIC in Australia. FXTM is additionally regulated by the CySEC in Cyprus and the FSC in Mauritius and is licensed by the FSCA in South Africa.

Quick comparison

Both offer MT4 and a range of account types, including ECN and instant execution accounts. FXTM also provides MT5.

Minimum deposit and account types

The minimum deposit for FXGiants is $100, but for STP/ECN trading it is $500. The minimum deposit for FXTM is $10 and for FXTM's ECN account is $500 and the minimum deposit on its ECN Zero account is $200.

  • FXGiants offers trading on six account types, the Micro account, the Premium account, the 0 Fixed Spread account, the STP/ECN No Commission account and the STP/ECN 0 Spread account and the Absolute Zero STP/ECN account. The minimum deposit is $100 for the Micro account, $500 for the 0 Fixed spread, STP/ECN No Commission and STP/ECN 0 Spread accounts, $2,500 for the Premium account and upon request for the Absolute Zero account. The Micro and Premium accounts have two types, Live Fixed or Live Floating Spread. The minimum trade size is 0.01 lots except for the Premium account where it is 0.1 lots.
  • FXGiants's 0 Fixed Spread account offers fixed spreads from 0 plus a commission charge. The STP/ECN 0 Spread account offer variable ECN spreads from 0, with a commission charge. The Absolute Zero account has spreads from 0, without a commission charge. FXGiants provides economic news and an economic calendar on its website. It also provides a dedicated account manager and a 24/5 dealing hotline for its non-ECN accounts.
  • FXTM offers three Standard account types: Standard, Cent and Stock CFDs and three ECN accounts: ECN, ECN Zero and Pro. The minimum deposit for the Cent account is $/€/£10, for the Standard and Stock CFDs accounts $/€/£100, for the ECN Zero account $/€/£200, for the ECN account $/€/£500 and for the Pro account the minimum deposit and minimum account balance is $/€/£25,000. The Pro account offers spreads from 0 without a commission charge. FXTM offers Market Analysis and Education on its website. Copy Trading is available via FXTM Invest. The minimum trade size is 0.0001 lots.

Markets

  • FXGiants offers Forex, Indices, Metals, Energy, Stocks, Soft Commodities and Cryptocurrencies, with 200+ available.
  • FXTM offers Forex, Indices, Metals, Energy and Stocks, with 250+ available.

Spreads and leverage

Both brokers can offer low spreads plus a commission charge. FXGiants can also provide low spreads without a commission charge. FXGiants offers Forex spreads from 0.7 without a commission charge. FXTM can provide Forex spreads from 1.3 without a commission charge.

Maximum leverage for FXGiants (FCA regulated) is . Maximum leverage for FXTM (FCA or CySEC regulated) is .

Commissions

  • FXGiants charges a commission of $13 per lot round trip for its ECN Zero account and does not charge a commission for its ECN No Commission account.
  • FXTM charges a commission starting at $2 per lot per side, depending on the equity in the account and the volume traded. The commission is charged for the ECN account.

Online trading platforms

Both brokers offer MT4, FXTM also offers MT5, which are available for desktop, tablet and mobile.

Why FXGiants or FXTM ?

Those who want to trade on MetaTrader 4 (MT4) may do so at either broker. FXTM additionally offers MetaTrader 5 (MT5). FXTM has a Cent account which lets the trader use very small trade sizes, and offering a very small minimum deposit.

Comparison summary

  • Both brokers provide CFD trading
  • Each offers ECN accounts
  • FXTM additionally provides a Cent account
  • Both offer MT4
  • FXTM additionally provides MT5

Search this site

Translate