FOREX.com and FXGiants Comparison
FXGiants is a MetaTrader 4 (MT4) broker while FOREX.com provides MT4, a user friendly Web Trader and its Advanced Trading Platform. FXGiants has a range of account types based around MT4, with different types of spreads and order execution (including STP/ECN).
Difference
FOREX.com offers a range of platforms. FXGiants has a range of account types, including STP/ECN.
Minimum deposit and account types
The minimum deposit for FOREX.com is $/€/£100. The minimum deposit for FXGiants is $100, but for STP/ECN trading it is $500.
- FOREX.com offers CFD trading. The minimum trade size is 0.01 lots. It has an Economic Calendar, Market Research and a news feed on its platforms, offers Autochartist and Trading Central and has a Trader Education course on its website.
- FXGiants offers CFD trading on the following account types, the Micro account, the Premium account, the 0 Fixed Spread account, the STP/ECN No Commission account, the Absolute Zero STP/ECN account, the STP/ECN 0 Spread account and the Absolute Zero Plus 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 and $2,500 for the Premium account. The minimum deposit for the Absolute Zero accounts are available on request from the account manager. The Micro and Premium accounts have two types, Live Fixed or Live Floating Spread. The minimum trade size is 0.01 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 can provide Forex spreads from 0, without a commission charge. FXGiants offers economic news, educational videos and an economic calendar on its website. It also provides a dedicated account manager and a 24/5 dealing hotline.
Markets
- FOREX.com offers Forex, Indices, Energy, Cryptocurrencies, Soft Commodities, Metals and Stocks, with 300+ available.
- FXGiants offers Forex, Indices, Energy, Cryptocurrencies, Soft Commodities, Metals and Stocks, with 200+ available.
Cryptocurrency CFDs
- FOREX.com offers Bitcoin, Ethereum, Litecoin, Ripple and Bitcoin Cash.
- FXGiants offers Bitcoin, Ethereum, Litecoin and Ripple.
Spreads
FOREX.com can offer Forex spreads from 0.8 without a commission charge. FXGiants can provide Forex spreads from 0.5 (variable) without a commission charge, from 1.8 (fixed) without a commission charge and from 0 with a commission charge.
Commissions
- FOREX.com does not charge commissions, except for Shares CFDs.
- FXGiants charges a commission of $13 per lot for its ECN Zero account and does not charge a commission for its ECN No Commission account or its Absolute Zero account. On its 0 Fixed Spread account, FXGiants charges a commission from $18 per lot.
Online trading platforms
FOREX.com offers the Advanced Trading Platform, a Web Trader and MT4. FXGiants offers MT4.
Why FOREX.com or FXGiants ?
Traders who want to trade on MetaTrader 4 (MT4) can find this online trading platform at either broker. Those who want to trade on a user friendly platform can find one at FOREX.com, as well as its Advanced Trading Platform, which lets the trader build and use charting signals.
Comparison summary
- Both provide CFD trading
- Each offers MT4
- FOREX.com additionally provides a user friendly web trader
- FOREX.com additionally offers its Advanced Trading Platform
