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FXBTG

Exceeded
New Zealand
,
Since 2012
Last Updated:
42/100
Overall Score

Trading Conditions

Min Deposit:
USD100
Max Leverage:
1000
Account Types
ProVIPStandard+2 more

User Reviews

Total Reviews
This Month
Avg Rating

Funding Methods

5 methods

Visa/Mastercard

credit card
Instant
Fee:
Free
Fee:
Free

Bank Wire Transfer

bank transfer
5 days
Fee:
Free
Fee:
$45

Skrill, Neteller

e wallet
Instant
Fee:
Free
Fee:
2.0%

Bitcoin, Ethereum, USDT

crypto
Instant
Fee:
Free
Fee:
1.0%

Help2Pay, AsiaBank, Dragonpay, Nganluong

bank transfer
hours
Fee:
Free
Fee:
Free

Performance Metrics

Excellent Performance
Performance chart: 1: Regulation 11%, 2: License 59%, 3: Software 50%, 4: Spread 0%, 5: Account Type 47%, 6: Symbol 0%
Regulation
11%Poor
License
59%Fair
Software
50%Fair
Spread
0%Poor
Account Type
47%Poor
Symbol
0%Poor

Company Information

Full Name:FXBTG Financial Limited
Founded:2012
Headquarters:New Zealand
Enterprise Offices:N/A

Customer Support

Phone:
+6011 7037 4764
Live Chat:
business_hours
Response Time:
Languages:
English
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Broker Summary

Summary of the broker

Reviewing the FXBTG Trading Platform As One Of The Most Trusted Providers Of Online Trading

The following is an introduction and review of FXBTG which is an online trading platform. This broker has been offering retail clients access to a wide range of financial markets including foreign exchange, cryptocurrencies, commodities, stocks and much more for 17 years according to their official website. This broker claims to provide competitive pricing and efficient trading through low commission structures and narrow spreads. However, even though FXBTG has been around for quite a long time, there is little information available regarding the company's regulatory standing, trading platforms and account types.

FXBTG Provides A Large Variety Of Financial Instruments To Diversify Your Portfolio

FXBTG provides a wide variety of financial instruments that allow traders to diversify their portfolios all through one trading platform.

Examples of Financial Instruments Available

Instrument Type Examples

Cryptocurrency Contracts For Difference Bitcoin, Ethereum, etc.

Foreign Exchange Currency pairs, both major and minor

Indices Global stock index

 Energy Oil, Natural Gas

Precious Metals Gold, Silver

Futures Various Futures Contracts

Equities Various stocks

In summary, FXBTG presents a number of some of the best trading conditions available to investors and traders such as low commission rates, narrow spreads, etc., however, there are no publicly disclosed details of the different types of accounts, leverage options and trading platform features available.

What To Look For In A Regulated Broker

Regulatory oversight when selecting a broker is an important factor to consider. Previously FXBTG Financial Limited was registered with the New Zealand Financial Markets Authority (FMA) under licence # 9429030613140, however this was cancelled in November of 2019 and the axe was upheld by a New Zealand High Court. FXBTG is currently not regulated by any governing body so concerns exist regarding client safety and compliance.

Status License Number

FMA 9429030613140 De-Registered (November 2019)

There Are No Current License Holders For FXBTG.

The FXBTG trading platform doesn’t disclose any specific details about their trading conditions; however they state that they provide low-cost trading.

Specific Details Of Trading Conditions On The FXBTG Trading Platform

Trading Condition Description

Spread No details but claim to be narrow

Leverage Not Disclosed

Minimum Deposit Not Disclosed

Commission Claims to be very low

Trading Platform No details are available

Fee Structures Of FXBTG

FXBTG markets itself as having very low-cost trading however they have not provided any specific details concerning fee structures for deposits, withdrawals, inactivity, or any other charges.

Fee Type Details

Deposit Fees Not Disclosed

Withdrawal Fees Not Disclosed

Commission Very low rates are claimed

Inactivity Fees Not Disclosed

Other Charges Not Disclosed

Evaluating FXBTG User Feedback

FXBTG does not post customer reviews or ratings on its website, therefore its reputation is based only on reports from other external sources. The overall lack of active regulation leads to concerns regarding trustworthiness. FXBTG is not listed on any of the most commonly used scam tracking sites; however it is worth pointing out that the absence of customer reviews or endorsements limits visibility into FXBTG's market reputation.

Updated Information On FXBTG Trading Platform

As of this time, there have been no reported updates for 2024 to 2025 yet the most recent change is the company's cancellation of its FMA licence in November of 2019. As of this point in time FXBTG has not added to its line-up of pending applications for licensing or major announcements.

Overall Conclusion Regarding FXBTG Trading Platforms

FXBTG does provide a wide range of trading instruments and touts itself as a cost-effective option; however from a lack of a reputable regulatory body to verify that you have access to all of the available trading opportunities and detailed information about trading conditions. Therefore as a trader you should be cautious with FXBTG and proceed with due diligence before you decide to deposit your money.

Regulatory Licenses

Compliance & oversight

1 license
New Zealand
FMATier 2
New Zealand#9429030613140
License Details
Type:Financial Service Corporate
License #:9429030613140
Status:Regulated
Validity
Effective:N/A
Expires:N/A
0
Tier 1
1
Countries
0
Offshore

Account Types

Trading account options

5 types
Pro
VIP
Min Deposit USD 5,000 • Leverage 1:500 • Commission 5 USD per trade
Min DepositUSD 5,000
Leverage1:500
Commission5 USD per trade
VIP
VIP
Min Deposit USD 1,000 • Leverage 1:500 • Commission 8 USD per trade
Min DepositUSD 1,000
Leverage1:500
Commission8 USD per trade
Standard
Standard
Min Deposit USD 100 • Leverage 1:1000 • Commission 12 USD per trade
Min DepositUSD 100
Leverage1:1000
Commission12 USD per trade
Cent
Cent
Min Deposit USD 30 • Leverage 1:500 • Commission Not specified
Min DepositUSD 30
Leverage1:500
CommissionNot specified
Copy Trading
Prop
5
Total Types
4
Categories
ECN Available

Funding Methods

Deposit & withdrawal options

5 methods
Visa/Mastercard
Credit CardInstant
Deposit
Fee:Free
Min:USD 100
Max:USD 50,000
Withdrawal
Fee:Free
Min:USD 100
Max:USD 50,000
Deposits are processed within 1 hour during normal business hours. Available to clients in regions where Visa and Mastercard are accepted.
Bank Wire Transfer
Bank Transfer5 min
Deposit
Fee:Free
Min:USD 500
Max:USD 50,000
Withdrawal
Fee:USD 45
Min:USD 500
Max:USD 50,000
Processing time is 5-7 working days; fees may apply depending on the bank. Available to clients with access to international bank wire services.
Skrill, Neteller
E-WalletInstant
Deposit
Fee:Free
Min:N/A
Max:USD 50,000
Withdrawal
Fee:2%
Min:USD 50
Max:USD 50,000
Processing time is within 1 hour; fees may vary depending on the e-wallet provider. Available to clients in regions where Skrill and Neteller are supported.
Bitcoin, Ethereum, USDT
CryptocurrencyInstant
Deposit
Fee:Free
Min:USD 0.001
Max:USD 50,000
Withdrawal
Fee:0.99%
Min:USD 0.001
Max:USD 50,000
Processing time is within 15 minutes; users are responsible for any network transaction fees. Available to clients with access to cryptocurrency exchanges and wallets.
5
Free Deposit
5
Instant
1
Crypto

Trading Platforms

Professional trading tools

1 Available
MetaTrader 4

MetaTrader 4

by MetaQuotes Software Corp. • 2005

Windows
Mac
Web
Android
+1
Rating
4.5
Status
Available
Type
Integrated
Platforms
Trading Software
Visit

Live Spreads & Trading Costs

Compare real-time spreads on major currency pairs

Spreads are the core trading cost with FXBTG: the difference between the bid and ask price you pay on every trade. Tight, stable spreads on major pairs like EUR/USD, GBP/USD and USD/JPY mean lower costs for scalpers, day traders and long-term investors alike.

  • Live spread table for six major currency pairs, refreshed every few seconds
  • Excellent / competitive / high ratings so you can benchmark FXBTG at a glance
  • Bid, ask and pip-change data to estimate your real cost per trade
View live spreads for FXBTG

Spread data is indicative and for comparison purposes only

Global Domains

Worldwide web presence

1 site
🌐
https://fxbtg.net/
Unknown
Active
SSL
1
Active
1
Countries
100%
SSL

Social Presence

Digital community engagement

3 platform

Comments

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