Emirates NBD Securities
FXGT
Emirates NBD Securities vs FXGT
A detailed side-by-side comparison based on our hands-on testing across 8 scoring categories.
Emirates NBD Securities and FXGT are both popular choices for forex and CFD traders, but they cater to different needs and experience levels. Emirates NBD Securities, founded in 2000 and headquartered in Dubai, UAE, is regulated by SCA, DFSA and offers spreads starting from 1.2 pips with a minimum deposit of $1000. FXGT, established in 2019 in Limassol, Cyprus, holds licenses from CySEC, FSA with spreads from 0.0 pips and a $5 minimum deposit. In our hands-on testing across 8 scoring categories, Emirates NBD Securities scored 7.2/10 overall compared to FXGT's 7.2/10, making it the stronger pick for most traders. That said, FXGT holds its own with lower trading costs and smoother deposits & withdrawals, so your ideal broker depends on what you prioritize in a trading partner.
Key Differences at a Glance
- 📊
Emirates NBD Securities scores 7.2/10 overall vs 7.2/10 for FXGT — a 0.0-point difference.
- 💵
FXGT requires just $5 to start, while Emirates NBD Securities needs $1000 — FXGT is 200x more accessible.
- 📈
Emirates NBD Securities offers 1,000+ instruments vs 400+ at FXGT — a massive gap in market coverage.
- 🖥️
Emirates NBD Securities runs on Emirates NBD Trading Platform, Mobile App, while FXGT uses MT5 — different ecosystems for different trading styles.
- ⚡
The biggest gap is in Trading Costs: FXGT scores 7.5 vs 6.0 for Emirates NBD Securities — a 1.5-point difference.
Our Verdict
Emirates NBD Securities
Score: 7.2/10 · Wins 5 categories- You're a beginner who values learning resources
- Top-tier regulation and fund safety are your priority
- Responsive customer support matters to you
- You want access to a wider range of instruments
FXGT
Score: 7.2/10 · Wins 2 categories- You want lower spreads and trading fees
- Fast and flexible deposits & withdrawals are important
- You prefer a low minimum deposit ($5)
Emirates NBD Securities takes the lead with an overall score of 7.2/10 compared to 7.2/10, winning in 5 out of 8 scoring categories. Emirates NBD Securities stands out for stronger regulation and superior education resources, while FXGT fights back with lower trading costs and smoother deposits & withdrawals.
Detailed Verdict
After testing both brokers with real accounts, Emirates NBD Securities comes out ahead with a 7.2/10 overall rating, winning 5 out of 8 categories. Its strongest area is Regulation & Trust where it scores 9.0/10. Emirates NBD Securities holds Tier 1 regulation, meaning your funds benefit from top-level investor protection including segregated accounts and compensation schemes. FXGT is not without merit — it scores 7.2/10 overall and excels in Deposit & Withdrawal (8.0/10), winning 2 categories. Traders who value lower trading costs or smoother deposits & withdrawals may find FXGT the better fit. For a complete breakdown, read our full Emirates NBD Securities review and FXGT review — both include account opening walkthroughs, platform screenshots, and withdrawal test results.
Score Breakdown
FXGT wins by 1.5 points
Emirates NBD Securities wins by 1.5 points
Emirates NBD Securities wins by 0.5 points
Emirates NBD Securities wins by 1.0 points
Emirates NBD Securities wins by 1.5 points
FXGT wins by 1.0 points
Emirates NBD Securities wins by 1.5 points
Full Feature Comparison
| Feature | ||
|---|---|---|
| Overall Score | 7.2/10 ✓ | 7.2/10 ✓ |
| Min Deposit Lower is better | $1000 | $5 ✓ |
| Max Leverage | 1:20 | 1:1000 |
| Spreads From | 1.2 pips | 0.0 pips |
| Platforms | Emirates NBD Trading Platform, Mobile App | MT5 |
| Regulation | SCA, DFSA | CySEC, FSA |
| Founded Older track record highlighted | 2000 ✓ | 2019 |
| Markets | 1,000+ ✓ | 400+ |
Fees & Costs
When it comes to trading costs, FXGT has the edge with a score of 7.5/10 versus 6/10 for Emirates NBD Securities. Emirates NBD Securities offers spreads starting from 1.2 pips, while FXGT starts from 0.0 pips. The minimum deposit at Emirates NBD Securities is $1000, compared to $5 at FXGT. Both brokers operate primarily on a spread-based pricing model, though actual costs vary by account type and instrument. For high-volume traders, even small spread differences add up significantly over time, making this an important category to weigh carefully.
Trading Platforms
Emirates NBD Securities scores 7/10 for platforms compared to 7/10 for FXGT. Emirates NBD Securities provides Emirates NBD Trading Platform, Mobile App, while FXGT offers MT5. The choice of platform affects your charting, order execution speed, and available technical indicators. Traders who rely on MetaTrader's algorithmic trading capabilities should check which MT4/MT5 features each broker supports, including custom indicators and expert advisors.
Regulation & Safety
Regulation is crucial for fund safety. Emirates NBD Securities is regulated by SCA, DFSA (Tier 1), while FXGT holds licenses from CySEC, FSA (Tier 1). Emirates NBD Securities scores 9/10 and FXGT scores 7.5/10 in this category. Tier 1 regulators like FCA, ASIC, and CySEC offer the strongest investor protection, including segregated client funds and compensation schemes. Always verify your broker's specific license for your jurisdiction before opening an account.
Education & Research
For learning resources, Emirates NBD Securities leads with 7/10 compared to 6.5/10. Quality education materials can shorten your learning curve significantly. Look for brokers offering structured courses, live webinars, and practice demo accounts. Emirates NBD Securities and FXGT both provide demo accounts for risk-free practice, but the depth of educational content varies. Beginners should prioritize this category when choosing between the two.
Customer Support
Emirates NBD Securities offers 24/7 Live Chat, Email, Phone, Branch and scores 8.5/10, while FXGT provides 24/7 Live Chat, Email with a score of 7.5/10. Reliable support becomes critical during market volatility or when you encounter account issues. Look for brokers with 24/5 or 24/7 availability, multiple contact channels, and support in your preferred language.
Deposit & Withdrawal
Emirates NBD Securities scores 7/10 for deposits and withdrawals, while FXGT scores 8/10. Emirates NBD Securities accepts Bank Transfer, Emirates NBD Account Transfer, and FXGT supports Bank Transfer, Credit Card, Skrill, Neteller, Crypto. Processing times, fees, and available currencies vary. Emirates NBD Securities requires a minimum deposit of $1000 versus $5 for FXGT. Always check withdrawal conditions and any potential fees before funding your account.
Which Broker Is Right for You?
Choose Emirates NBD Securities if you...
- You're a beginner who values learning resources
- Top-tier regulation and fund safety are your priority
- Responsive customer support matters to you
- You want access to a wider range of instruments
Choose FXGT if you...
- You want lower spreads and trading fees
- Fast and flexible deposits & withdrawals are important
- You prefer a low minimum deposit ($5)
🗳️ Which Broker Do You Prefer?
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Frequently Asked Questions
Is Emirates NBD Securities better than FXGT?
Emirates NBD Securities scores higher overall (7.2/10 vs 7.2/10), winning 5 of 8 categories. However, FXGT is stronger in lower trading costs and smoother deposits & withdrawals. The best choice depends on what matters most to your trading style.
Which has lower fees, Emirates NBD Securities or FXGT?
FXGT scores higher for trading costs. Emirates NBD Securities offers spreads from 1.2 pips with a $1000 minimum deposit, while FXGT starts from 0.0 pips with $5 minimum. Actual trading costs depend on your instrument, volume, and account type.
Is Emirates NBD Securities safe to trade with?
Emirates NBD Securities is regulated by SCA, DFSA and scores 9/10 for regulation. FXGT is regulated by CySEC, FSA with a score of 7.5/10. Both hold recognized licenses, but verify the specific entity covering your region.
Which has better trading platforms, Emirates NBD Securities or FXGT?
Emirates NBD Securities scores 7/10 for platforms. Emirates NBD Securities offers Emirates NBD Trading Platform, Mobile App, while FXGT provides MT5. Your ideal platform depends on whether you prefer proprietary tools, MetaTrader, or third-party solutions.
What's the minimum deposit for Emirates NBD Securities vs FXGT?
Emirates NBD Securities requires a minimum deposit of $1000, while FXGT requires $5. FXGT has the lower entry barrier, making it more accessible for beginners or those testing with smaller amounts.
Ready to Start Trading?
Open a free account with either broker and start trading today.