FXGT

FXGT

🟢 Tier 1 Regulated
7.2
/ 10
vs
MiTrade

MiTrade

🟢 Tier 1 Regulated
7.2
/ 10

FXGT vs MiTrade

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

FXGT and MiTrade 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. MiTrade, established in 2011 in Melbourne, Australia, holds licenses from ASIC, CySEC, CIMA with spreads from 0.0 pips and a $50 minimum deposit. In our hands-on testing across 8 scoring categories, FXGT scored 7.2/10 overall compared to MiTrade's 7.2/10, making it the stronger pick for most traders. That said, MiTrade holds its own with stronger regulation and more research tools, so your ideal broker depends on what you prioritize in a trading partner.

Key Differences at a Glance

  • 📊

    FXGT scores 7.2/10 overall vs 7.2/10 for MiTrade — a 0.0-point difference.

  • 💵

    FXGT requires just $5 to start, while MiTrade needs $50 — FXGT is 10x more accessible.

  • 🖥️

    FXGT runs on MT5, while MiTrade uses MiTrade App, MiTrade WebTrader — different ecosystems for different trading styles.

Our Verdict

🏆 WINNER
FXGT

FXGT

Score: 7.2/10 · Wins 2 categories
  • Responsive customer support matters to you
  • Fast and flexible deposits & withdrawals are important
  • You prefer a low minimum deposit ($5)
MiTrade

MiTrade

Score: 7.2/10 · Wins 2 categories
  • Top-tier regulation and fund safety are your priority
  • You rely on in-depth research and analysis tools
  • You prefer MiTrade's trading environment overall

FXGT takes the lead with an overall score of 7.2/10 compared to 7.2/10, winning in 2 out of 8 scoring categories. FXGT stands out for better customer support and smoother deposits & withdrawals, while MiTrade fights back with stronger regulation and more research tools.

Detailed Verdict

After testing both brokers with real accounts, FXGT comes out ahead with a 7.2/10 overall rating, winning 2 out of 8 categories. Its strongest area is Deposit & Withdrawal where it scores 8.0/10. FXGT holds Tier 1 regulation, meaning your funds benefit from top-level investor protection including segregated accounts and compensation schemes. MiTrade is not without merit — it scores 7.2/10 overall and excels in Regulation & Trust (8.0/10), winning 2 categories. Traders who value stronger regulation or more research tools may find MiTrade the better fit. For a complete breakdown, read our full FXGT review and MiTrade review — both include account opening walkthroughs, platform screenshots, and withdrawal test results.

Score Breakdown

FXGT
MiTrade
Trading Costs
7.5 7.5
Platforms & Tools
7.0 7.0
Regulation & Trust
7.5 8.0

MiTrade wins by 0.5 points

Education
6.5 6.5
Customer Service
7.5 7.0

FXGT wins by 0.5 points

Research & Analysis
6.5 7.0

MiTrade wins by 0.5 points

Deposit & Withdrawal
8.0 7.5

FXGT wins by 0.5 points

Product Range
7.0 7.0

Full Feature Comparison

Structured broker facts pulled from the shared broker dataset.
Feature
Overall Score
7.2/10
7.2/10
Min Deposit
Lower is better
$5
$50
Max Leverage
1:1000
1:200
Spreads From
0.0 pips
0.0 pips
Platforms
MT5
MiTrade App, MiTrade WebTrader
Regulation
CySEC, FSA
ASIC, CySEC, CIMA
Founded
Older track record highlighted
2019
2011
Markets
400+
400+
FXGT: 0 MiTrade: 0
💰

Fees & Costs

When it comes to trading costs, FXGT has the edge with a score of 7.5/10 versus 7.5/10 for MiTrade. FXGT offers spreads starting from 0.0 pips, while MiTrade starts from 0.0 pips. The minimum deposit at FXGT is $5, compared to $50 at MiTrade. 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
MiTrade
7.5
FXGT: 0 MiTrade: 0
🖥️

Trading Platforms

FXGT scores 7/10 for platforms compared to 7/10 for MiTrade. FXGT provides MT5, while MiTrade offers MiTrade App, MiTrade WebTrader. 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
MiTrade
7.0
FXGT: 0 MiTrade: 1
🛡️

Regulation & Safety

🏅 Section Winner: MiTrade (7.5 vs 8.0)

Regulation is crucial for fund safety. FXGT is regulated by CySEC, FSA (Tier 1), while MiTrade holds licenses from ASIC, CySEC, CIMA (Tier 1). FXGT scores 7.5/10 and MiTrade scores 8/10 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
MiTrade
8.0
FXGT: 0 MiTrade: 1
📚

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 MiTrade 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
MiTrade
6.5
FXGT: 1 MiTrade: 1
🎧

Customer Support

🏅 Section Winner: FXGT (7.5 vs 7.0)

FXGT offers 24/7 Live Chat, Email and scores 7.5/10, while MiTrade 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
MiTrade
7.0
FXGT: 2 MiTrade: 1
💳

Deposit & Withdrawal

🏅 Section Winner: FXGT (8.0 vs 7.5)

FXGT scores 8/10 for deposits and withdrawals, while MiTrade scores 7.5/10. FXGT accepts Bank Transfer, Credit Card, Skrill, Neteller, Crypto, and MiTrade supports Bank Transfer, Credit Card, Skrill, Apple Pay, Google Pay. Processing times, fees, and available currencies vary. FXGT requires a minimum deposit of $5 versus $50 for MiTrade. Always check withdrawal conditions and any potential fees before funding your account.

FXGT
8.0
MiTrade
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 a low minimum deposit ($5)
Visit FXGT
MiTrade

Choose MiTrade if you...

  • Top-tier regulation and fund safety are your priority
  • You rely on in-depth research and analysis tools
  • You prefer MiTrade's trading environment overall
Visit MiTrade

🗳️ Which Broker Do You Prefer?

Cast your vote — see what other traders think

Frequently Asked Questions

Is FXGT better than MiTrade?

FXGT scores higher overall (7.2/10 vs 7.2/10), winning 2 of 8 categories. However, MiTrade is stronger in stronger regulation and more research tools. The best choice depends on what matters most to your trading style.

Which has lower fees, FXGT or MiTrade?

FXGT scores higher for trading costs. FXGT offers spreads from 0.0 pips with a $5 minimum deposit, while MiTrade starts from 0.0 pips with $50 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. MiTrade is regulated by ASIC, CySEC, CIMA with a score of 8/10. Both hold recognized licenses, but verify the specific entity covering your region.

Which has better trading platforms, FXGT or MiTrade?

FXGT scores 7/10 for platforms. FXGT offers MT5, while MiTrade provides MiTrade App, MiTrade WebTrader. Your ideal platform depends on whether you prefer proprietary tools, MetaTrader, or third-party solutions.

What's the minimum deposit for FXGT vs MiTrade?

FXGT requires a minimum deposit of $5, while MiTrade requires $50. 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.

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