GigaFX – How Does it Compare with Other Online Brokers

Choosing the right broker can be the difference between trading success and failure; it’s that simple. A reputable broker makes it easier to trade effectively and supports those who are new to trading. With this in mind, let’s take a look at an online broker that has risen in popularity lately. How good is GigaFX?

We found that GigaFX is a user friendly online broker that seems to actually care about its clients. This is a very good start, but how does it compare with other online brokers in the way that it operates?

GigaFX – the basics

Once you have an account at GigaFX, you are free to trade in currencies, commodities, crypto currencies and much more. The trading takes the form of contracts for difference (CFDs). It’s worth noting that GigaFX employs strict security, so you may be asked for forms of id when you first sign-up. This is a good thing as it shows the company values client security highly.

Once you are on-board at GigaFX you have access to trading that covers more than 60 countries across the globe. This is a broker that is growing fast.

Trading on the move

GigaFX is certainly aware of the importance of the mobile market, when it comes to online brokerage services. Traders can access their GigaFX account when using a mobile device just as easily as they can from a laptop or desktop. This is great news for anyone who wants to make trading decisions, and keep track of their successes, while on the move.

Accounts to suit different types of trader

One of the things we like best about GigaFX is the different types of account that are available. The variety of accounts means that GigaFX is suitable for people who are looking for different things from an online broker.

  • Starters account

As the name suggests, this account is for people who are new to the world of trading. It’s suitable for people who want to trade conservatively while they learn.

  • Silver account

People who have been trading for a little while can make use of this account. They can put what they have learnt into action.

  • Gold account

This account is best suited to serious traders. Access to the gold account unlocks a wider range of tools and features which experienced traders will find very useful.

  • Premium account

As you might expect, this account is for anyone who wants the full GigaFX experience.

The range of options available, when it comes to GigaFX accounts, is impressive.

What to expect as a customer

Let’s face it, we all want to have a good customer experience when using a online broker. GigaFX provides this. If you have any problems with an account at GigaFX, you can simply send an email, or pick up the phone and call one of the company’s numbers in Estonia, Germany or the UK. The phone lines are open 24 hours each working day, Monday-Friday. We found that the customer services team are friendly and ready to help with any queries or issues.

In summary

GigaFX is a fast growing online broker platform that provides a good experience for both new and experienced traders. There is a good selection of trading options available, so it’s possible to diversify. The customer experience is friendly and supportive. Traders have access a range of features and tools (depending on which account is chosen), and can speak to the support team each working day. Altogether, GigaFX seems to be a good online broker that is more than capable of holding its own in a crowded market.

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