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/10

FXGIANTS

United Kingdom United Kingdom | 5-10 years |
ECN Account Suspicious Regulatory License | White label MT4 | Global Business | High potential risk

https://www.fxgiants.co.uk/fxg-uk/

Website

Rating Index

MT4/5 Identification

MT4/5 Identification

White Label

324
Server Name
FXCESS-Live02MT4
Server LocationUnited KingdomUnited Kingdom

Contact

+44 (0) 207 416 6656
https://www.fxgiants.co.uk/fxg-uk/

license Forex License

risk

No forex trading license found. Please be aware of the risks.

Warning: Low score, please stay away!
  • This broker lacks valid forex regulation. Please be aware of the risk!
2

Basic Information

Registered Region
United Kingdom
Operating Period
5-10 years
Company Name
Notesco UK Limited.
Customer Service Email Address
support@fxgiants.co.uk
Contact Number
+4402074166656
Account
Related Software
Website
Company Summary
Disclosure
Wiki Q&A
Comment
MT4/5
White Label MT4
White Label MT4
20
MT4 Servers
0
MT5 Servers
135.61
velocityIcon
Average Latency (ms)/ms

Formal full license MT4/5 traders will have sound system services and follow-up technical support. Generally, their business and technology are relatively mature and their risk control capabilities are strong

Meta Trader 4
Meta Trader 4
Perfect

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Official Website

Website

Most visited countries/areas
CyprusCyprus
  • fxgiants.co.uk
    45.60.195.234
    Server Location
    United States United States
    ICP registration
    --
    Most visited countries/areas
    Cyprus Cyprus
    Domain Effective Date
    2015-07-08
    Website
    WHOIS.NIC.UK
    Company
    NOMINET UK

Company Profile

Company Profile

Review summary

BASIC INFORMATION:

FXGiants is a forex and CFD broker with MT4 integration. This brokers brand is formed of three entities. FXGiants is a brand name of Notesco UK Limited, which is regulated by the Financial Conduct Authority (FCA) and has a registered office address in London. It is a trading name of Notesco Pty Limited, which is licensed by the Australian Securities and Investment Commission (ASIC). FXGiants is also a trading name of Notesco SVG Limited, which does not appear to be regulated. The branch that clients trade under depends on their registered location. Globally FXGiants BM offers its services to traders in over 150 countries, including Portugal and Indonesia.

REGULATORY INFROMATION: LICENSE

FxGiants claims that it is regulated by the Financial Conduct Authority at the United Kingdom with the regulatory license number of 585561. However, this license is verified to be a clone one. FxGiants is posing as a legit broker to scam traders.

MARKETS

FXGiants offers over 300 tradeable instruments across a wide range of assets:

· Forex – more than 70 currency pairs

· Metals – gold and silver

· Indices – 12 indices

· Commodities – 12 consumables including coffee and wheat

· Futures – on the majority of assets including currencies and indices

· Shares – major companies such as Aston Martin

· Energies – Brent and WTI oil, natural gas

SPREADS & COMMISSIONS

At FXGiants the spread offered depends on the account type but are generally competitive. For example, the average EURUSD spread is as follows:

· Live Floating Spread – 1.07

· Live Fixed Spread – 1.31

· Live Zero Fixed Spread – 0

· STP/ECN No Commissions – 1.74

· STP/ECN Zero Spread – 0.04

· STP/ECN Absolute Zero – 0.24

The Live Zero Fixed Spread account includes a commission of $9 per lot per side, and the STP/ECN Zero Spread type charges $3.75. FXGiants also charges a swap fee for positions held open overnight, and an annual $50 charge on inactive accounts.

LEVERAGE

All clients at FXGiants can access leverage to increase their position size:

· UK – up to 1:30 on all account types

· Australia – Live accounts up to 1:500, other accounts up to 1:200

· Global – Live Floating Spread and Live Fixed Spread up to 1:1000, Live Zero Fixed Spread up to 1:500, all STP/ECN accounts up to 1:200

ACCOUNT TYPES

FXGiants traders can open several real accounts depending on their intended strategy. The minimum lot size is 0.01 across all accounts. The Live category includes the Live Floating Spread, Live Fixed Spread, and Live Zero Fixed Spread, where the latter incurs commission in exchange for spreads from 0 pips.

The STP/ECN solutions include the STP/ECN No Commissions, STP/ECN Absolute Zero, and STP/ECN Zero Spread, the last of which also charges a commission for variable spreads starting from 0 pips. ECN execution is an efficient and rapid order placement technology that may benefit advanced traders.

PAYMENT METHODS

At FXGiants the minimum deposit starts from $100. This broker accepts deposits via several routes including Visa, wire transfer, and digital wallets such as Neteller and bitwallet. These methods are instant except for wire transfer, and clients have the choice of six base currencies. Where deposits or withdrawals are performed without trading activity, the broker charges a 3% fee on deposited funds.

Withdrawal can only be done through bank wire, and traders should apply via the Hub. Withdrawal processing time can be up to 5 working days

TRADING PLATFORMS

· MetaTrader 4

· Personal Multi-Account Manager (PMAM)

· AutoTrade

· MT4 Virtual Private Server (VPS)

ACCEPTED COUNTRIES

FXGiants accepts traders from Australia, Thailand, Canada, United Kingdom, South Africa, Singapore, Hong Kong, India, France, Germany, Norway, Sweden, Italy, Denmark, United Arab Emirates, Saudi Arabia, Kuwait, Luxembourg, Qatar and most other countries.

Traders cannot use FXGiants from United States, Iran, Korea, Cuba, Sudan, Syria

Keywords

  • 5-10 years
  • Suspicious Regulatory License
  • White label MT4
  • Global Business
  • High potential risk

Wiki Q&A

What is the risk profile of trading with FXGIANTS?

Trading with FXGIANTS is considered a high-risk activity due to its unverified regulatory status; it operates without credible oversight, presenting substantial risks. The platform's functional technology, including MetaTrader 4 with execution speeds around 130 milliseconds, and accessible account minimums from $0.01, do not mitigate the critical lack of investor protections common with regulated brokers.

In a week
United States

Is FXGIANTS regulated?

No, FXGIANTS operates without a verified mainstream forex trading license. While its parent company, Notesco UK Limited, is registered in the United Kingdom and once held an FCA license, that license is currently marked as 'Unverified' and does not constitute active regulatory oversight. The broker has no other valid licenses listed, meaning it functions as an unregulated entity.

In a week
United States

When was FXGIANTS established?

FXGIANTS has been operational for between five and ten years, according to its company profile.

In a week
United States

How can I determine if a forex broker is regulated?

To determine whether a broker is regulated, the key is to verify whether it holds a valid financial license. Investors can check the license number and status through the official websites of regulatory authorities (such as Financial Conduct Authority, Australian Securities and Investments Commission) to confirm whether the license is real and under valid supervision. It should be noted that some brokers may engage in license cloning or unauthorized operations, meaning they use another company's license or provide services in regions where they are not authorized. These situations also involve risks. In addition, investors can use WikiFX to check the broker's regulatory status, historical records, and risk ratings as supporting reference, so as to evaluate its compliance more comprehensively.

In a week
United States

What factors should I consider when choosing a safe forex broker?

When choosing a safe broker, investors should focus on key factors such as regulatory qualifications, fund security, and trading transparency. In general, priority should be given to platforms regulated by major regulatory authorities, such as the Financial Conduct Authority, the U.S. Securities and Exchange Commission, and the Australian Securities and Investments Commission. At the same time, attention should also be paid to: whether client funds are kept in segregated accounts, whether the fee structure is transparent, and whether there are many negative complaints or withdrawal problems. By combining WikiFX ratings and user feedback, investors can evaluate broker risks more comprehensively.

In a week
United States

How is the WikiFX Score calculated?

WikiFX ratings are calculated based on a multi-dimensional data model, mainly including five dimensions: regulatory index, license index, business index, risk control index, and software index. The rating adopts a range system (0-10 points). The higher the score, the higher the broker's overall performance level. In addition, ratings are dynamically updated according to regulatory changes, complaint handling results, and historical data performance, making the rating more objective and timely. You can check the scores of each dimension and their trends on the WikiFX platform to evaluate the broker's actual situation more comprehensively.

In a week
United States

Can I recover my funds if I have been scammed by a broker?

Recovering funds after investment fraud can be difficult, but taking timely action may still help recover part of the losses. It is recommended to take the following actions immediately: keep trading records, chat records, and other evidence; contact the bank to try to stop or freeze the payment; report the case to local law enforcement agencies. In addition, investors can also use WikiFX complaint and exposure channels to increase the visibility of problematic platforms and improve the efficiency of rights protection.

In a week
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What does it mean if a broker holds multiple regulatory licenses?

If a broker holds multiple regulatory licenses, it usually means that it operates in multiple countries or regions and needs to comply with the requirements of different regulatory authorities. Its overall credibility is generally higher. However, it should be noted that regulatory strength differs between licenses. Some offshore regulations have weaker restrictions, so safety should not be judged only by the number of licenses. It is recommended to focus on whether the broker holds licenses from major regulators such as FCA or ASIC, and evaluate its regulatory status, historical records, and overall rating together. You can also check all regulatory information and performance under different regulators on the WikiFX platform to more comprehensively assess its actual risk level.

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United States
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