Equiti
FXGT
Equiti vs FXGT
A detailed side-by-side comparison based on our hands-on testing across 8 scoring categories.
Equiti and FXGT are both popular choices for forex and CFD traders, but they cater to different needs and experience levels. Equiti, founded in 2008 and headquartered in Dubai, UAE, is regulated by DFSA, CySEC, FCA and offers spreads starting from 0.0 pips with a minimum deposit of $500. 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, Equiti scored 7.8/10 overall compared to FXGT's 7.2/10, making it the stronger pick for most traders. That said, FXGT holds its own with smoother deposits & withdrawals, so your ideal broker depends on what you prioritize in a trading partner.
Key Differences at a Glance
- 📊
Equiti scores 7.8/10 overall vs 7.2/10 for FXGT — a 0.6-point difference.
- 💵
FXGT requires just $5 to start, while Equiti needs $500 — FXGT is 100x more accessible.
- 🖥️
Equiti runs on MT4, MT5, while FXGT uses MT5 — different ecosystems for different trading styles.
- ⚡
The biggest gap is in Regulation & Trust: Equiti scores 8.5 vs 7.5 for FXGT — a 1.0-point difference.
Our Verdict
Equiti
Score: 7.8/10 · Wins 7 categories- You want lower spreads and trading fees
- You're a beginner who values learning resources
- You need advanced trading platforms and tools
- Top-tier regulation and fund safety are your priority
FXGT
Score: 7.2/10 · Wins 1 categories- Fast and flexible deposits & withdrawals are important
- You prefer a low minimum deposit ($5)
- You prefer FXGT's trading environment overall
Equiti takes the lead with an overall score of 7.8/10 compared to 7.2/10, winning in 7 out of 8 scoring categories. Equiti stands out for lower trading costs and better trading platforms, while FXGT fights back with smoother deposits & withdrawals.
Detailed Verdict
After testing both brokers with real accounts, Equiti comes out ahead with a 7.8/10 overall rating, winning 7 out of 8 categories. Its strongest area is Regulation & Trust where it scores 8.5/10. Equiti 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 1 category. Traders who value smoother deposits & withdrawals may find FXGT the better fit. For a complete breakdown, read our full Equiti review and FXGT review — both include account opening walkthroughs, platform screenshots, and withdrawal test results.
Score Breakdown
Equiti wins by 0.5 points
Equiti wins by 0.5 points
Equiti wins by 1.0 points
Equiti wins by 0.5 points
Equiti wins by 0.5 points
Equiti wins by 1.0 points
FXGT wins by 0.5 points
Equiti wins by 0.5 points
Full Feature Comparison
Fees & Costs
When it comes to trading costs, Equiti has the edge with a score of 8/10 versus 7.5/10 for FXGT. Equiti offers spreads starting from 0.0 pips, while FXGT starts from 0.0 pips. The minimum deposit at Equiti is $500, 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
Equiti scores 7.5/10 for platforms compared to 7/10 for FXGT. Equiti provides MT4, MT5, 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. Equiti is regulated by DFSA, CySEC, FCA (Tier 1), while FXGT holds licenses from CySEC, FSA (Tier 1). Equiti scores 8.5/10 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, Equiti 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. Equiti 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
Equiti offers 24/5 Live Chat, Email, Phone and scores 8/10, 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
Equiti scores 7.5/10 for deposits and withdrawals, while FXGT scores 8/10. Equiti accepts Bank Transfer, Credit Card, Skrill, Neteller, and FXGT supports Bank Transfer, Credit Card, Skrill, Neteller, Crypto. Processing times, fees, and available currencies vary. Equiti requires a minimum deposit of $500 versus $5 for FXGT. Always check withdrawal conditions and any potential fees before funding your account.
Which Broker Is Right for You?
Choose Equiti if you...
- You want lower spreads and trading fees
- You're a beginner who values learning resources
- You need advanced trading platforms and tools
- Top-tier regulation and fund safety are your priority
Choose FXGT if you...
- Fast and flexible deposits & withdrawals are important
- You prefer a low minimum deposit ($5)
- You prefer FXGT's trading environment overall
🗳️ Which Broker Do You Prefer?
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Frequently Asked Questions
Is Equiti better than FXGT?
Equiti scores higher overall (7.8/10 vs 7.2/10), winning 7 of 8 categories. However, FXGT is stronger in smoother deposits & withdrawals. The best choice depends on what matters most to your trading style.
Which has lower fees, Equiti or FXGT?
Equiti scores higher for trading costs. Equiti offers spreads from 0.0 pips with a $500 minimum deposit, while FXGT starts from 0.0 pips with $5 minimum. Actual trading costs depend on your instrument, volume, and account type.
Is Equiti safe to trade with?
Equiti is regulated by DFSA, CySEC, FCA and scores 8.5/10 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, Equiti or FXGT?
Equiti scores 7.5/10 for platforms. Equiti offers MT4, MT5, 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 Equiti vs FXGT?
Equiti requires a minimum deposit of $500, 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.