FX Giants broker is a brand name of Notesco and operates with six account types, including STP/ECN accounts, and more than 300 trading instruments on MetaTrader 4. However, its only license is weak, it does not serve Iranians, and the Teagle risk index has placed it in the "high risk" category. In this overview, we have reviewed FX Giants' license, accounts, payments and risks based on Teagle's data.

What kind of broker is FX Giants?

According to Teagle's profile, FX Giants (FXGiants) began operating in 2015 and has between 5 and 10 years of experience in the financial markets; however, its founding year and country are not recorded in Teagle's structured data, and the risk index has not calculated its track record either. This broker offers trading on more than 300 instruments across currency pairs, stocks, indices, commodities and cryptocurrencies via MetaTrader 4, and provides accounts with varied conditions, including STP/ECN.

FX Giants broker licenses and credibility

According to Teagle's latest review, FX Giants holds one active license: FSC of the British Virgin Islands with number SIBA/L/24/1175. The Teagle expert stresses that this is the only regulation listed for the broker and is considered a weak, offshore regulation; meaning there is no credible client protection mechanism in the event of a dispute. To understand how this license differs from top-tier oversight, read the article Introduction to offshore and onshore brokers .

Does FX Giants serve Iranians?

No. FX Giants has explicitly stated in its official documents and disclaimers that it does not serve residents of Iran, and an inquiry with support has confirmed the same. Accessing the website from Iran requires changing your IP. According to Teagle's profile, this broker does not support the Persian language. Registering with false information at such a broker carries the risk of having your account and capital frozen; on this risk, see the article Prohibited brokers and how to choose a safe broker .

FX Giants trading accounts

FX Giants has six accounts on MetaTrader 4, all offered with a 20% margin call and stop-out, no requotes, and an Islamic version:

• Live Floating Spread: floating spread from 1 pip and leverage up to 1:1000;
• Live Fixed Spread: fixed spread from 1.2 pips and leverage up to 1:1000;
• Live Zero Fixed Spread: spread from 0 pips and leverage up to 1:500;
• STP/ECN No Commission: spread from 1.7 pips and leverage up to 1:200;
• STP/ECN Zero Spread: spread from 0 pips, leverage up to 1:200, and forex currency pairs only;
• STP/ECN Absolute Zero: spread from 0.2 pips and leverage up to 1:200.

The broker's general specifications list a minimum deposit of $100, but the accounts table does not record a figure for any account, and account commissions are not specified either; the Teagle expert considers high fees on some accounts a drawback of this broker. To choose between fixed and floating spread accounts, read the guide Spread in forex trading and the article ECN account in forex .

FX Giants platforms and services

FX Giants' only platform is MetaTrader 4, which has Windows, iOS and Android versions; MetaTrader 5 is not supported. The use of expert advisors, news trading and copy trading are listed among the broker's features. Additional services include bonuses, cashback, a virtual private server (VPS), an economic calendar, a forex calculator and PAMM. A variety of deposit bonuses is among this broker's recorded advantages, but a bonus should not be the reason for choosing a broker with a weak license; compare the bonus terms of different brokers on the broker bonuses page .

Deposits and withdrawals at FX Giants

According to Teagle's table, FX Giants accepts deposits via Bitcoin, credit cards (Visa and Mastercard), bank wire and e-wallets such as PayPal, Skrill and Neteller. Deposits are listed as instant for all methods, and withdrawals take up to 3 business days. Fees for non-crypto methods are stated as "free," but they come with an asterisk and conditions in the table; for Bitcoin, only the network fee applies. Minimum deposit and withdrawal amounts for these methods are not recorded in the table.

FX Giants' rating and risk on Teagle

FX Giants' final rating on Teagle is 1.79 out of 5, derived from three sources: Trustpilot 2.2, Forex Peace Army 1.66 and the Teagle expert 1.5; Teagle users have not yet submitted any reviews. The Teagle Eye risk index for this broker is 69 out of 100, in the "high risk" category; the weak license and low credibility ratings are its two main factors. See its position in Teagle's list of high-warning brokers .

Pros and cons of FX Giants broker

• Pro: more than 300 trading instruments
• Pro: six varied account types and an Islamic account
• Pro: a variety of deposit bonuses
• Con: its only license is the British Virgin Islands FSC, which is weak
• Con: no services for Iran and no Persian support
• Con: high fees on some accounts and no MetaTrader 5

Summary and Teagle's recommendation

In the Teagle expert's view, FX Giants is not a suitable option for Iranians because it does not accept Iranian users and carries high risk due to its weak license. If you are outside Iran and are considering it, first weigh it against a competitor in the FX Giants vs FXGT comparison , start with a small amount, make a test withdrawal, and follow the latest warnings on the investment risk warning page .