The main advantage of this program is that according to the developers, it allows trades to be opened with practically no delay. This approach will save you from the risk of your account getting hacked while trading in the markets. It provides you the protection of malware protection, SSL secured transactions, and refund for unauthorized trades. Furthermore, FXGiants services retail and institutional investors in over 150 countries around the world, offering more than 200 different financial instruments.
ReportScamOnline now considers FXGiants to be operating an online scam. We recommend that our readers not trade with this broker and if you have an open account with this company, we suggest you try to withdraw your funds as soon as possible. The company changed names while the cases with a number of clients that claimed IronFX for abuse of money withdrawals as well as promotions appeared and spread around the publicity. The agreement concluded with the broker is the first trader’s major step to trade on the financial market. Start of trading does not make sense without reviewing the document carefully, and not properly filling out legal activities.
Our FXGiants review informs that the only extra feature offered is a dedicated account manager. The one that hides important information or uses clients’ accounts to cover their own expenses. Both of these signs are 100% signals that the company is engaged in illegal activities. However, FXGiants can hardly be called such, as the company discloses full information about its affiliates on the pages of fxgiants.com and in the registration process in full. FXGiants does not inform its clients in any way about the method of receiving quotes and the counterparties that provide it with information.
The answer to this is – NO, well there is a threat caused by scammers but these are avoidable with the help of a few tips. There are only two reasons behind you reading this Fxgiants scam review. Either you have been scammed by this company or you are looking forward to investing but you heard about this Fxgiants scam. While signing up for an account with a trading platform, the customers invest all of their money and faith in the brokerage firm. Therefore, it is really important for a trader to conduct thorough research before signing up with a brokerage firm. FXGiants offers its clients the opportunity to trade on Forex and CFD.
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The attractive promotions and bonuses like “100% Bonus Maximiser” and “20% Deposit Bonus” are provided to increase the trading confidence of their clients. Trading leveraged products such as Forex and CFDs may not be suitable for all investors as they carry a high degree of risk to your capital. Yes, FXGiants offers a trading environment for both beginner and advanced traders. Before starting to trade, potential FXGiants clients should arm themselves with all possible information and trading skills needed to be successful in the world of forex and commodity trading.
- Scam brokers guarantee unbelievable returns but at the end the trader becomes the victim of those false guarantees.
- Our reviews are aggregated from multiple sources to give you the best overview about track.fxgiants.com.
- The FXGiants subsidiary which belongs to GVS Pty Ltd is based in Australia and is regulated by the ASIC while the FXGiants owned by 8Safe UK Ltd is based in London, England and is regulated by the FCA.
Speaking of safety of funds, we should also mention that according to its website, FXGiants offers its clients Negative Balance Protection, meaning that all negative balances are covered by the company. What is more, clients of UK brokers are covered the Financial Services Compensation Scheme . In the event of a company insolvency, FSCS is able pay compensation up to a maximum of £50,000 per person per regulated entity.
Still, you should be more careful with the broker which has many negative reviews. To receive the compensation, you must open an account «Live Floating Spread» and deposit funds on the deposit. The losses incurred by the trader for the first 5 trading operations will be compensated by a maximum amount of up to USD 500.
Scam brokers guarantee unbelievable returns but at the end the trader becomes the victim of those false guarantees. The broker offers great trading features such as Virtual Private Server hosting and social trading services. Further, users can take advantage of multiple bonuses on offer including the No Deposit Bonus and the Deposit Bonuses.
If you are considering registering with FXGiants, then take some time to read our FXGiants scam review before making any final decisions. Besides having two different parent companies, there is no major difference between both brands. Their websites and services are practically the same which is no surprise since they were both owned by IronFX. So from here on out we will be referring to them as one company. Both were once owned by IronFX, but now one belongs to GVS Pty Ltd and the other to 8Safe UK Ltd.
They include $35 Free No Deposit FXGiants bonus, 100% Bonus Maximizer and also 20% Bonus Advantage which is supposed to boost the deposit of any size. This is a surprise, if taking into account that FXGiants is just a fraud. We do not trust this broker and do not recommend it to you. Margin calls or leveraging levels may be established from time to time and subject to change without client’s prior notice at sole and absolute discretion of the Company to cover any costs. Prizes for the first 3 places – USD 5 thousand and a tour to the South Africa, USD 3 thousand and USD 2 thousand, respectively. More detailed information on the promotion conditions you can find on the website fxgiants.com.
FXGiants offers users the ability to access mobile trading on the go from the MetaTrader 4 mobile trading app for Android and iOS systems. Both app download links how to convert bitcoin into cash can be found in the Google PlayStore or Apple AppStore. Being a VIP user is always prestigious, but with FXGiants do not expect to get something special.
Are Your Funds Safe With Fxgiants?
It would seem to be common, but with a more in-depth review of the documentation, namely the «Terms and Conditions of Cooperation», Giants BM tries to release the information about the services provided . It is worth noting that FXGiants does not hide information about its jurisdictions, its services, most undervalued cryptocurrency but it is very important for the client to be careful at every stage of his getting familiar with the Forex broker. In 2015, for example, IronFX UK Limited, by that time a world-known company operating under the IronFX brand, was re-registered to IRONFX GLOBAL UK LIMITED due to the change in policy.
Be careful and verify your information through multiple sources. Constant vigilance should be applied at all times when sending money online. If a broker is not licensed by the regulatory authority in your jurisdiction, that likely means that they are unregulated and should be avoided.
Deposits into a trading account can be made through various payment methods but traders should take note that currencies differ with the payment methods they choose. Even though FXGiants offers a number of different bonuses bdswiss withdrawal fees , they still try other tactics to gain new clients. What is even more unsettling is that they use call centres to cold call people and it is alleged that they pay these call centres at least 50% in commissions.
Without the properly protected app, your account is always prone to security threats. Access to a VPS helps traders avoid problems such as power cuts, computer failure and slow internet connection speeds, which can all adversely affect a trader’s bottom line. Also, with the VPS service, customers can install and run an Expert Advisor or EA program in MetaTrader 4 continuously without even having to have their computer powered on. To withdraw funds using Neteller, a withdrawal fee of $0.29 per transaction is charged with a two percent surcharge capped at $30, with a minimum $1 per transaction and a $50,000 maximum amount per transaction.
They also do not have the rules and regulations like that of the top-tier regulators like the Financial Conduct Authority or the FCA, the Australian Securities and Investment Commission or the ASIC, etc. If you have traded with FXGiants and believe you have been scammed by them you have a chance to get your money back. At Broker complaint Alert it’s our job to provide you detailed FXGiants review and make sure you can fight back and get your money refunded. By filling out the form you have taken the first step to recover your money. Now that you have reached almost the end of this review, it is pretty clear that spotting a scam broker is easier said than done. Thousands of people get scammed every day and this is where we come to help.