FXGT

FXGT

🟢 Tier 1 Regulated
7.2
/ 10
vs
FXOpen

FXOpen

🟢 Tier 1 Regulated
7.8
/ 10

FXGT vs FXOpen

A detailed side-by-side comparison based on our hands-on testing across 8 scoring categories.

FXGT and FXOpen are both popular choices for forex and CFD traders, but they cater to different needs and experience levels. FXGT, founded in 2019 and headquartered in Limassol, Cyprus, is regulated by CySEC, FSA and offers spreads starting from 0.0 pips with a minimum deposit of $5. FXOpen, established in 2005 in Christchurch, New Zealand, holds licenses from FCA, ASIC, CySEC with spreads from 0.0 pips and a $1 minimum deposit. In our hands-on testing across 8 scoring categories, FXOpen 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 better customer support and smoother deposits & withdrawals, so your ideal broker depends on what you prioritize in a trading partner.

Key Differences at a Glance

  • 📊

    FXOpen scores 7.8/10 overall vs 7.2/10 for FXGT — a 0.6-point difference.

  • 💵

    FXOpen requires just $1 to start, while FXGT needs $5 — FXOpen is 5x more accessible.

  • 📈

    FXOpen offers 600+ instruments vs 400+ at FXGT — a notable difference in market coverage.

  • 🖥️

    FXGT runs on MT5, while FXOpen uses MT4, MT5, TickTrader — different ecosystems for different trading styles.

  • The biggest gap is in Regulation & Trust: FXOpen scores 9.0 vs 7.5 for FXGT — a 1.5-point difference.

Our Verdict

FXGT

FXGT

Score: 7.2/10 · Wins 2 categories
  • Responsive customer support matters to you
  • Fast and flexible deposits & withdrawals are important
  • You prefer FXGT's trading environment overall
🏆 WINNER
FXOpen

FXOpen

Score: 7.8/10 · Wins 5 categories
  • You want lower spreads and trading fees
  • You need advanced trading platforms and tools
  • Top-tier regulation and fund safety are your priority
  • You want access to a wider range of instruments

FXOpen takes the lead with an overall score of 7.8/10 compared to 7.2/10, winning in 5 out of 8 scoring categories. FXOpen stands out for lower trading costs and better trading platforms, while FXGT fights back with better customer support and smoother deposits & withdrawals.

Detailed Verdict

After testing both brokers with real accounts, FXOpen comes out ahead with a 7.8/10 overall rating, winning 5 out of 8 categories. Its strongest area is Regulation & Trust where it scores 9.0/10. FXOpen 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 better customer support or smoother deposits & withdrawals may find FXGT the better fit. For a complete breakdown, read our full FXOpen review and FXGT review — both include account opening walkthroughs, platform screenshots, and withdrawal test results.

Score Breakdown

FXGT
FXOpen
Trading Costs
7.5 8.5

FXOpen wins by 1.0 points

Platforms & Tools
7.0 8.0

FXOpen wins by 1.0 points

Regulation & Trust
7.5 9.0

FXOpen wins by 1.5 points

Education
6.5 6.5
Customer Service
7.5 7.0

FXGT wins by 0.5 points

Research & Analysis
6.5 7.0

FXOpen wins by 0.5 points

Deposit & Withdrawal
8.0 7.5

FXGT wins by 0.5 points

Product Range
7.0 7.5

FXOpen wins by 0.5 points

Full Feature Comparison

Structured broker facts pulled from the shared broker dataset.
Feature
Overall Score
7.2/10
7.8/10
Min Deposit
Lower is better
$5
$1
Max Leverage
1:1000
1:500
Spreads From
0.0 pips
0.0 pips
Platforms
MT5
MT4, MT5, TickTrader
Regulation
CySEC, FSA
FCA, ASIC, CySEC
Founded
Older track record highlighted
2019
2005
Markets
400+
600+
FXGT: 0 FXOpen: 1
💰

Fees & Costs

🏅 Section Winner: FXOpen (7.5 vs 8.5)

When it comes to trading costs, FXOpen has the edge with a score of 8.5/10 versus 7.5/10 for FXGT. FXGT offers spreads starting from 0.0 pips, while FXOpen starts from 0.0 pips. The minimum deposit at FXGT is $5, compared to $1 at FXOpen. 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.

FXGT
7.5
FXOpen
8.5
FXGT: 0 FXOpen: 2
🖥️

Trading Platforms

🏅 Section Winner: FXOpen (7.0 vs 8.0)

FXOpen scores 8/10 for platforms compared to 7/10 for FXGT. FXGT provides MT5, while FXOpen offers MT4, MT5, TickTrader. 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.

FXGT
7.0
FXOpen
8.0
FXGT: 0 FXOpen: 3
🛡️

Regulation & Safety

🏅 Section Winner: FXOpen (7.5 vs 9.0)

Regulation is crucial for fund safety. FXGT is regulated by CySEC, FSA (Tier 1), while FXOpen holds licenses from FCA, ASIC, CySEC (Tier 1). FXGT scores 7.5/10 and FXOpen scores 9/10 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.

FXGT
7.5
FXOpen
9.0
FXGT: 0 FXOpen: 3
📚

Education & Research

For learning resources, FXGT leads with 6.5/10 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. FXGT and FXOpen 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.

FXGT
6.5
FXOpen
6.5
FXGT: 1 FXOpen: 3
🎧

Customer Support

🏅 Section Winner: FXGT (7.5 vs 7.0)

FXGT offers 24/7 Live Chat, Email and scores 7.5/10, while FXOpen provides 24/5 Live Chat, Email with a score of 7/10. 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.

FXGT
7.5
FXOpen
7.0
FXGT: 2 FXOpen: 3
💳

Deposit & Withdrawal

🏅 Section Winner: FXGT (8.0 vs 7.5)

FXGT scores 8/10 for deposits and withdrawals, while FXOpen scores 7.5/10. FXGT accepts Bank Transfer, Credit Card, Skrill, Neteller, Crypto, and FXOpen supports Bank Transfer, Credit Card, Skrill, Neteller, Crypto. Processing times, fees, and available currencies vary. FXGT requires a minimum deposit of $5 versus $1 for FXOpen. Always check withdrawal conditions and any potential fees before funding your account.

FXGT
8.0
FXOpen
7.5

Which Broker Is Right for You?

FXGT

Choose FXGT if you...

  • Responsive customer support matters to you
  • Fast and flexible deposits & withdrawals are important
  • You prefer FXGT's trading environment overall
Visit FXGT
FXOpen

Choose FXOpen if you...

  • You want lower spreads and trading fees
  • You need advanced trading platforms and tools
  • Top-tier regulation and fund safety are your priority
  • You want access to a wider range of instruments
Visit FXOpen

🗳️ Which Broker Do You Prefer?

Cast your vote — see what other traders think

Frequently Asked Questions

Is FXGT better than FXOpen?

FXOpen scores higher overall (7.8/10 vs 7.2/10), winning 5 of 8 categories. However, FXGT is stronger in better customer support and smoother deposits & withdrawals. The best choice depends on what matters most to your trading style.

Which has lower fees, FXGT or FXOpen?

FXOpen scores higher for trading costs. FXGT offers spreads from 0.0 pips with a $5 minimum deposit, while FXOpen starts from 0.0 pips with $1 minimum. Actual trading costs depend on your instrument, volume, and account type.

Is FXGT safe to trade with?

FXGT is regulated by CySEC, FSA and scores 7.5/10 for regulation. FXOpen is regulated by FCA, ASIC, CySEC with a score of 9/10. Both hold recognized licenses, but verify the specific entity covering your region.

Which has better trading platforms, FXGT or FXOpen?

FXOpen scores 8/10 for platforms. FXGT offers MT5, while FXOpen provides MT4, MT5, TickTrader. Your ideal platform depends on whether you prefer proprietary tools, MetaTrader, or third-party solutions.

What's the minimum deposit for FXGT vs FXOpen?

FXGT requires a minimum deposit of $5, while FXOpen requires $1. FXOpen 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.

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