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FXGT is a unique forex broker that, while primarily focused on forex trading, also places a strong emphasis on cryptocurrency trading, particularly Bitcoin. This sets it apart from many other international FX brokers.

With generous bonuses, leverage of up to 1:1000, and five different account types tailored to suit various trading objectives, FXGT has gained a solid reputation for catering to user needs. As of 2024, its popularity continues to grow.

Moreover, FXGT offers exclusive cryptocurrency pairs and dedicated cryptocurrency accounts, making it more than just a simple combination of crypto trading and traditional FX brokerage. FXGT can be considered a next-generation hybrid broker. In this article, we’ll provide an in-depth look at the features of FXGT, as well as its pros and cons, from a user’s perspective.

FXGT employs a "segregated account" system, whereby customer funds are entrusted to an external bank for safekeeping. This method of asset management, mandated by the FSA license, ensures that FXGT's own operational funds are kept separate from client assets, preventing the use of client funds for company activities.

Additionally, FXGT has taken further steps to enhance security by obtaining "Professional Indemnity Insurance" for FX brokers. This insurance covers up to 1,000,000 euros in case of financial losses incurred by customers or third parties due to negligence, fraud, or any form of misconduct by the broker. This level of coverage goes beyond the standard segregated fund protection offered by many other brokers, giving FXGT a strong reputation for reliability. Furthermore, the cost of this insurance is borne by FXGT, with no additional fees passed on to traders.

IronFX, established in 2010, is a global forex broker known for its maximum leverage of 1:1000 and substantial deposit bonus campaigns.

Although it provides services to over 180 countries, the company has faced some controversies in the past, including sudden withdrawals from markets, forced liquidations, and withdrawal delays, which have left a lingering negative reputation. One notable incident involved a large-scale payment issue in China, where IronFX temporarily halted and denied withdrawals for Chinese clients. The situation was attributed to organized fraudulent activities targeting the company, prompting this response.

Currently, IronFX has implemented stricter registration procedures to improve risk management against fraudulent actions.

IronFX stands out with its variety of options, offering three types of deposit bonuses and eight different account types. With the largest selection of account types among international forex brokers, traders can choose accounts that best match their trading styles. Additionally, IronFX provides an extensive range of instruments, not only forex but also precious metals, cryptocurrencies, and stocks, making it one of the top brokers in terms of available trading assets.

Since its establishment in 2010, HF Markets (formerly HotForex) has consistently provided its clients with top-tier trading environments, primarily focused on FX and CFDs. As a result, HFM has won more than 60 prestigious awards within the international FX industry.

HFM was also selected as one of the World Finance Top 100 Global Companies in the past, and the trust and achievements built over more than a decade are a testament to the value of the HFM brand.

In addition to holding a financial license from the FCA, known for its stringent regulatory standards, HFM is also licensed by CySEC, which strengthened its regulations following the Greek financial crisis to gain international trust. HFM operates under the supervision of several other strict third-party regulatory bodies, ensuring compliance-driven management throughout the group.

With a structure that allows the sharing of expertise across the HFM Group and multiple financial licenses, HFM stands out as one of the top overseas FX brokers where even beginners can trade with confidence.

HF Markets manages its clients' funds in segregated accounts. Although these funds are not protected under a formal trust mechanism that guarantees conversion in all situations, the company is covered by civil liability insurance, providing compensation of up to 5 million euros in the event of any unforeseen circumstances.