FXGT's offshore site is run by GT Global Ltd, licensed by the Seychelles FSA (SD019); group companies hold FSCA (South Africa, 48896) and VFSC (Vanuatu, 700601) licences, and an EU company is CySEC-regulated for Europe. FXGT says client funds are segregated in Tier 1 banks, there is negative balance protection, and clients have liability insurance up to €1,000,000. These are offshore protections, not EU or UK ones.
Who you’re dealing with
From FXGT’s security of funds page:
| Company | Regulator | Licence |
|---|---|---|
| GT Global Ltd (Seychelles) | Seychelles FSA | Securities Dealer’s Licence SD019 |
| GT IO Markets (Pty) Ltd (South Africa) | FSCA | FSP 48896 |
| GT Global Markets Ltd (Vanuatu) | VFSC | Principal’s Licence 700601 |
FXGT’s footer also lists CySEC, for its European business; FXGT says the offshore site doesn’t serve EU or UK residents. Our earlier research also recorded a Mauritius licence (GT Markets Capital, GB24203727) on FXGT’s account page, but it wasn’t listed on the security page we read this time. Check which company is named in your client agreement.
What FXGT says about your money
- Segregation: client funds are kept separate from operational funds in “top-tier” banks and never used for FXGT’s own purposes.
- Tier 1 banks: not named publicly.
- Negative balance protection: losses are limited to your deposit; the balance can’t go below zero.
- Capital: FXGT says it maintains a 40% capital adequacy ratio. That’s FXGT’s own statement; it doesn’t publish audited figures.
- Liability insurance: up to €1,000,000 in total, covering errors, omissions, negligence and similar risks. It doesn’t cover trading losses.
- PCI DSS certification for card data security.
What an offshore licence does and doesn’t protect
It does put licensed companies behind the brand, subject to their regulators’ rules.
It doesn’t give EU-style leverage caps or investor compensation. FXGT’s up to 5,000:1 leverage on Optimus exists because the Seychelles company isn’t under EU rules. See offshore vs regulated brokers, Seychelles FSA and Vanuatu VFSC.
What to check yourself
- The Seychelles FSA register entry for GT Global Ltd (SD019), the company that serves international clients.
- The names of the banks holding client funds, which FXGT doesn’t publish.
- Audited accounts behind the 40% capital ratio, which FXGT doesn’t publish either.
Practical steps
- Start small and withdraw once before depositing more: FXGT withdrawals.
- Remember FXGT’s conditions vary by country, so re-check terms in your portal.
- Use our scam check guide to make sure you’re on fxgt.com.
| Broker | Licence | Visit broker | ||
|---|---|---|---|---|
 XMFeatured | 4.9/5Editorial rating | FSC Belize | ✓ | Visit |
 FXGT | 4.1/5 | FSA Seychelles SD019 | ✓ | Visit |
 Titan FX | 3.7/5 | Vanuatu FSC | ✓ | Visit |
 XS.com | 4.1/5 | FSA Seychelles SD089 | ✓ | Visit |
 Exness | 4.2/5 | FSA Seychelles SD025, CBCS Curaçao, FSC BVI, FSC Belize, F… | ✓ | Visit |
Stronger regulation: safest brokers.
Licence register details
| Legal entity | Regulator | Licence no. |
|---|---|---|
| GT Global Ltd serves readers of this edition | FSA (Seychelles) | SD019 |
| GT IO Markets (Pty) Ltd | FSCA (South Africa) | 48896 |
| GT Markets Capital Ltd | FSC (Mauritius) | GB24203727 |
Related
Is it safe? at other brokers
Frequently asked questions
Is FXGT regulated?
Yes. GT Global Ltd is licensed by the Seychelles Financial Services Authority under Securities Dealer's Licence SD019. FXGT also lists GT IO Markets (FSCA, 48896) and GT Global Markets (VFSC, 700601).
Does FXGT have negative balance protection?
Yes. FXGT says your losses are limited to what you've deposited and your balance can never go below zero.
What does FXGT's insurance cover?
FXGT says clients are insured up to €1,000,000 in total against errors, omissions, negligence or other risks that may cause financial loss. It isn't cover for trading losses.