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Who is FXGiants? Scam or honest forex broker? Johannes Röll Visitors: 301 ★★★

FXGiants is a broker owned by 8Safe UK Limited, which is registered with the UK Financial Conduct Authority. Serves traders from 150 countries, including Russia. Provides access to the international Forex market (over 200 different instruments). Due to the presence of different types of accounts, the company can be of interest to both beginners and experienced users.

The history of the company and its regulation

The broker serves clients from Russia, Italy, Spain, Hungary, China and other countries. The company officially belongs to the 8Safe UK Limited trademark, which is registered in London (UK) at 12th Floor, Broadgate Tower, 20 Primrose Street. Today, the broker offers users to open a demo or real account by choosing any of 7 account types. Trading is carried out on currency pairs associated with major assets (euros, US dollars, Australian and Canadian dollars, Swiss franc, British pound sterling and others): more than 70 different instruments in total. Spreads are on average about 3-10 pips. The sole regulator of the company is the UK Regulatory and Supervisory Authority. In the event of financial disagreements, clients can submit their claims to this organization, which is not entirely convenient due to language barriers and remoteness.

Trading platform review

For trading both on real and on demo accounts, FXGiants broker offers its clients to download and install the MT4 terminal. It has long become a classic and widely spread among both experienced and novice traders. You can download the program on the company's website, and then install it: on a computer; on a laptop; to a smartphone; to iPhone or iPad devices. Thus, you can use the program both at home and in any place where there is Internet. The terminal is also convenient because it has a well thought out and at the same time simple interface, so you can master it in just a few days. In the center there is a window with a chart, on the left - the control menu, on the right - a list of all assets. Several basic indicators are already installed in the terminal. Also, a trader can introduce into the program other indicators downloaded from websites or developed independently. This allows you to combine different trading instruments to create the most effective, profitable strategy.

Johannes Röll
Johannes Röll

Johannes Röll was born 1978 in Brilon,Germany. Graduated RWTH Aachen University. Over the past ten years he worked as Head of the plastic card team, where he was mainly responsible for the development of the distribution, Head of sales Department and Financial Analyst,where he got experience in planning and support sales figures for branches. For the present he works as freelancer

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This article, first of all, will be useful for beginners in the Forex market.

Many newcomers ask such questions: "How to start trading on the Forex currency market, where to do it, the first steps in trading" and other similar questions.