GigaFX Review: Best Stock Trading Platform

GigaFX Review

The crypto world is expanding, and more crypto exchanges are cropping up every day. The crypto exchanges are the place where you can buy, sell, and exchange the cryptocurrencies for other traditional currencies like dollars or pounds. For the people who want to trade professionally, advanced trading tools needed. GigaFX is one such platform where you can invest and trade freely to earn the profit.

GigaFX has made its good reputation in the crypto world. The broker offers a great trading experience to its clients, along with providing complete market analysis through its advanced trading tools. The company has successfully attracted the attention of many investors from over 60 countries.

Advantages:

  1. High leverage
  2. Variety of trading instruments
  3. Commission-free trades

Disadvantages:

  1. Takes a lot of time to transfer the funds
  2. Unregistered entity

Reliability and Privacy

The firm provides its services in more than 60 countries, which increases its credibility. The firm discourages illegal entities from signing up on its platform. The anti-money laundering policy of the broker prevents the money launderer from opening the account on the website. Besides, the firm has strict KYC norms to identify the clients signing up with the platform. The strict policies on which the online broker works makes this firm one of the most reliable broker services.

Online Trading platform

GigaFX - Online Trading

GigaFX offers a lot when it comes to trading tools. They provide MT4, web, and mobile trader to its clients for trading. The advanced tools with fx signals that the firm offers are quite good. The trading platform looks well-structured, intuitive, and neat. The web trader lets you have the same trading experience irrespective of the devices that you are using. The mobile application also adds up to user convenience.

Multiple Trading Account

Most of the online brokers offer a limited number of accounts, but GigaFX stands out because it allows a user to choose from multiple accounts. It provides a basic account specifically for novice traders. Such accounts are easy to open, with only a little deposit amount. However, the account is devoid of premium features, but features like free education, hedging, big leverages, customer services, etc. are available with even the basic account.

Education and Trading

For anyone who is a novice in trading, education is a must. GigaFX offers educational material to its users in the form of webinars, videos, and articles. However, you will first have to sign up with GigaFX to get access to the webinars.

Trading instruments

GigaFX - Trade Room

GigaFX offers trading in over 50 forex pairs and CFDs like gold, palladium, oil, platinum, stocks, indices and cryptocurrencies including Bitcoin, Dash, Ripple, Ethereum, Bitcoin Gold, Litecoin, Ethereum classic, Verge, Cardano, Stellar, Monero, Swisscoin, NEM, Bitcoin Cash ABC, Bitcoin SV, Lisk, Qtum. Also, the firm is offering CFDs on cannabis companies like GW Pharmaceuticals, Aurora Cannabic Inc, Tilray Inc, Cronos Group Inc, and other budding companies in similar sectors.

Enjoy Maximum Leverage

Looking at the account options available at GigaFX, the maximum leverage amount is 1:200. The company claims to be compliant with the ESMA regulations. However, ESMA put restrictions on the leverage that the compliant firm offers. It doesn’t allow leverage of more than 1:30 on currency pairs. As GigaFX offers very high leverage, it makes us think if the firm is compliant with MiFID frameworks.

Easy Withdrawals and deposits

With GigaFX, withdrawals and deposits are secure. The company allows you to deposit the money using different types of credit cards and bank wire transfer. The minimum deposit amount is EUR 250, which is okay considering the industry standards. The duration of withdrawal depends on the amount you want to withdraw and the mode of withdrawal. The time duration that GigaFX takes to withdraw the funds is comparatively high than the other online brokerage firms.

Customer support

GigaFX pays a lot of attention to its customer service. There are all the available channels and modes for the traders to get in touch with the customer support team. A user can even call any of the given three numbers of different countries- UK, Germany, and Estonia. It also allows its users to write an email to the company. The company has also mentioned its physical address on its website, which makes it easy to contact them, and this also shows that the company is a legitimate entity.

GigaFX Review: Our Conclusion

It doesn’t matter if you are an experienced or a novice trader, GigaFX is a decent trading platform for all. The online brokerage firm has the best trading platform, and it is known to present the convenient trading conditions for the traders. The customer support is exceptional, and managing the account is also easy. Looking at what the firm is offering, we can say that it is doing an excellent job of delivering the extraordinary trading experience to its traders all around the world. Also checkout trader’s rating below!

Summary
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GigaFX
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