In this FXBTG.nz Review, we are going to take a look at the offer that this broker prepared for its traders. FXBTG.nz operates on the financial market since 2007. When it comes to trading platforms, the broker features Web trader and MetaTrader 4. The FXBTG.nz minimum deposit is 50 USD.
Between 74-89% of retail investor accounts lose money when trading CFDs You should consider whether you can afford to take the high risk of losing your money
Basic information from this FXBTG.nz Review
| Website address: | fxbtg.nz |
| Operated by: | FXBTG Financial Limited |
| Licensed and authorised by regulatory bodies: | FSP |
| Supported languages: | English |
| Customer support available via: | E-mail, phone, live-chat |
| Contact details: | [email protected] +44 2032909188 |
| Available deposit methods: | Credit and debit card, wire transfer |
| Available withdrawal methods: | Credit and debit card, wire transfer |
| Minimum deposit: | 50 USD |
| Min. trade in lots: | 0.01 |
| Spreads: | Typical spread on the currency pair EUR/USD - 2,2 pips * on standard account type |
| Tradable assets: Might be a CFD. | Forex, stocks, commodities, indices |
| Mobile app: |  |
| MetaTrader 4: | |
| Other trading platforms: | Web trader |
| Maximum leverage: The maximum available leverage can be limited by local financial regulators or by international regulations, in such case, the displayed maximum leverage may not match the leverage you can actually trade with. For instance, in the European Union, the financial regulator ESMA restricts the maximum available leverage to 1:30 when trading major currency pairs, 1:20 when trading minor pairs and commodities and 1:2 when trading cryptocurrencies. Similar restrictions apply in Australia and possibly in other jurisdictions. | 1:400 |
| Social trading: |  |
FXBTG.nz Fees (typical spreads)
We have scanned fees (typical spreads) that FXBTG.nz charges when trading popular currency pairs, here is their breakdown in pips.
| EUR/GBP | EUR/USD | USD/CHF | EUR/JPY | GBP/USD | USD/JPY |
|---|---|---|---|---|---|
| * | 2,2* | * | * | * | * |
*Typical spreads were recorded on 17.09.2020 at 10:02 for the standard account. FXBTG.nz spreads in the table above serve as illustrative examples only as they for instance, may change according to the market conditions.
Random reviews of competing FX & CFD brokers: ReligareOnline, LiteForex , MasterECN and Plus500CY Limited
Frequently Asked Questions
🧐 Is FXBTG.nz a Scam?
In accordance with our research, FXBTG.nz is a broker licensed and regulated by the FSP. While it is a good thing that the broker is regulated, the FSP regulatory agency is in comparison to 1st tier regulatory bodies like the CySEC one of the weaker regulatory authorities when it comes to investor protection. In order to be sure that FXBTG.nz is not a scam, read our trader reviews and check other popular trading related websites and forums.
🆓 What is the FXBTG.nz minimum deposit?
In order to start trading with FXBTG.nz, you have to deposit at least 50 USD (Trading accounts can also be held in EUR, USD).
📵 What deposit and withdrawal methods FXBTG.nz supports?
⚖️ Would you recommend me choosing FXBTG.nz?
We don’t have our own personal experience with FXBTG.nz. However, the broker is regulated by the FSP which does not provide as strong protection to traders as 1st tier regulatory bodies (Like the British Financial Conduct Authority). Considering that there are hundreds of brokers with stronger regulation and quite highly possibly with better trading conditions too, it makes little to no sense to trade with FXBTG.nz.
Should you be looking for a highly reliable broker featuring forex trading and CFDs, you can get your hands on our marketing broker Etoro – (77% of of retail investor accounts lose money when trading CFDs with this provider), which is a CySEC regulated company that allows trading from as little as $50 and charges highly competitive fees on all assets.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
Between 74-89% of retail investor accounts lose money when trading CFDs
You should consider whether you can afford to take the high risk of losing your money ¹ Variable spreads, spreads recorded for the EUR/USD on 11.01.2024 at 11:42 GMT.
