FXGT

FXGT

🟢 Tier 1 Regulated
7.2
/ 10
vs
Swissquote

Swissquote

Unrated
8.6
/ 10

FXGT vs Swissquote

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

FXGT and Swissquote 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. Swissquote, established in 1996 in Gland, Switzerland, holds licenses from FINMA with spreads from 1.1 pips and a $1000 minimum deposit. In our hands-on testing across 8 scoring categories, Swissquote scored 8.6/10 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

  • 📊

    Swissquote scores 8.6/10 overall vs 7.2/10 for FXGT — a 1.4-point difference.

  • 💵

    FXGT requires just $5 to start, while Swissquote needs $1000 — FXGT is 200x more accessible.

  • 🛡️

    FXGT holds Tier 1 regulation (CySEC, FSA) offering stronger investor protection than Swissquote's Unrated status.

  • 📈

    Swissquote offers 3,000+ instruments vs 400+ at FXGT — a massive gap in market coverage.

  • 🖥️

    FXGT runs on MT5, while Swissquote uses MT4, MT5, Advanced Trader — different ecosystems for different trading styles.

  • The biggest gap is in Regulation & Trust: Swissquote scores 10.0 vs 7.5 for FXGT — a 2.5-point difference.

Our Verdict

FXGT

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)
🏆 WINNER
Swissquote

Swissquote

Score: 8.6/10 · Wins 5 categories
  • You're a beginner who values learning resources
  • 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

Swissquote takes the lead with an overall score of 8.6/10 compared to 7.2/10, winning in 5 out of 8 scoring categories. Swissquote stands out for better trading platforms and stronger regulation, while FXGT fights back with lower trading costs and smoother deposits & withdrawals.

Detailed Verdict

After testing both brokers with real accounts, Swissquote comes out ahead with a 8.6/10 overall rating, winning 5 out of 8 categories. Its strongest area is Regulation & Trust where it scores 10.0/10. Swissquote holds Unrated regulation, though traders should verify the specific entity and jurisdiction covering their account. 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 Swissquote review and FXGT review — both include account opening walkthroughs, platform screenshots, and withdrawal test results.

Score Breakdown

FXGT
Swissquote
Trading Costs
7.5 7.0

FXGT wins by 0.5 points

Platforms & Tools
7.0 8.0

Swissquote wins by 1.0 points

Regulation & Trust
7.5 10.0

Swissquote wins by 2.5 points

Education
6.5 7.5

Swissquote wins by 1.0 points

Customer Service
7.5 7.5
Research & Analysis
6.5 8.5

Swissquote wins by 2.0 points

Deposit & Withdrawal
8.0 7.5

FXGT wins by 0.5 points

Product Range
7.0 8.5

Swissquote wins by 1.5 points

Full Feature Comparison

Structured broker facts pulled from the shared broker dataset.
Feature
Overall Score
7.2/10
8.6/10
Min Deposit
Lower is better
$5
$1000
Max Leverage
1:1000
1:100
Spreads From
0.0 pips
1.1 pips
Platforms
MT5
MT4, MT5, Advanced Trader
Regulation
CySEC, FSA
FINMA
Founded
Older track record highlighted
2019
1996
Markets
400+
3,000+
FXGT: 1 Swissquote: 0
💰

Fees & Costs

🏅 Section Winner: FXGT (7.5 vs 7.0)

When it comes to trading costs, FXGT has the edge with a score of 7.5/10 versus 7/10 for Swissquote. FXGT offers spreads starting from 0.0 pips, while Swissquote starts from 1.1 pips. The minimum deposit at FXGT is $5, compared to $1000 at Swissquote. 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
Swissquote
7.0
FXGT: 1 Swissquote: 1
🖥️

Trading Platforms

🏅 Section Winner: Swissquote (7.0 vs 8.0)

Swissquote scores 8/10 for platforms compared to 7/10 for FXGT. FXGT provides MT5, while Swissquote offers MT4, MT5, Advanced Trader. 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
Swissquote
8.0
FXGT: 1 Swissquote: 2
🛡️

Regulation & Safety

🏅 Section Winner: Swissquote (7.5 vs 10.0)

Regulation is crucial for fund safety. FXGT is regulated by CySEC, FSA (Tier 1), while Swissquote holds licenses from FINMA (Unrated). FXGT scores 7.5/10 and Swissquote scores 10/10 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
Swissquote
10.0
FXGT: 1 Swissquote: 3
📚

Education & Research

🏅 Section Winner: Swissquote (6.5 vs 7.5)

For learning resources, Swissquote leads with 7.5/10 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 Swissquote 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
Swissquote
7.5
FXGT: 1 Swissquote: 3
🎧

Customer Support

FXGT offers 24/7 Live Chat, Email and scores 7.5/10, while Swissquote provides 24/5 Email, Phone 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.

FXGT
7.5
Swissquote
7.5
FXGT: 2 Swissquote: 3
💳

Deposit & Withdrawal

🏅 Section Winner: FXGT (8.0 vs 7.5)

FXGT scores 8/10 for deposits and withdrawals, while Swissquote scores 7.5/10. FXGT accepts Bank Transfer, Credit Card, Skrill, Neteller, Crypto, and Swissquote supports Bank Transfer, Credit Card. Processing times, fees, and available currencies vary. FXGT requires a minimum deposit of $5 versus $1000 for Swissquote. Always check withdrawal conditions and any potential fees before funding your account.

FXGT
8.0
Swissquote
7.5

Which Broker Is Right for You?

FXGT

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)
Visit FXGT
Swissquote

Choose Swissquote if you...

  • You're a beginner who values learning resources
  • 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 Swissquote

🗳️ Which Broker Do You Prefer?

Cast your vote — see what other traders think

Frequently Asked Questions

Is FXGT better than Swissquote?

Swissquote scores higher overall (8.6/10 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, FXGT or Swissquote?

FXGT scores higher for trading costs. FXGT offers spreads from 0.0 pips with a $5 minimum deposit, while Swissquote starts from 1.1 pips with $1000 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. Swissquote is regulated by FINMA with a score of 10/10. Both hold recognized licenses, but verify the specific entity covering your region.

Which has better trading platforms, FXGT or Swissquote?

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

What's the minimum deposit for FXGT vs Swissquote?

FXGT requires a minimum deposit of $5, while Swissquote requires $1000. 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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