FXGT
Tio Markets
FXGT vs Tio Markets
A detailed side-by-side comparison based on our hands-on testing across 8 scoring categories.
FXGT and Tio Markets 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. Tio Markets, established in 2018 in London, UK, holds licenses from FCA, CySEC with spreads from 0.0 pips and a $50 minimum deposit. In our hands-on testing across 8 scoring categories, Tio Markets scored 7.4/10 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 and wider product range, so your ideal broker depends on what you prioritize in a trading partner.
Key Differences at a Glance
- 📊
Tio Markets scores 7.4/10 overall vs 7.2/10 for FXGT — a 0.2-point difference.
- 💵
FXGT requires just $5 to start, while Tio Markets needs $50 — FXGT is 10x more accessible.
- 📈
FXGT offers 400+ instruments vs 300+ at Tio Markets — a notable difference in market coverage.
- 🖥️
FXGT runs on MT5, while Tio Markets uses MT4 — different ecosystems for different trading styles.
- ⚡
The biggest gap is in Regulation & Trust: Tio Markets scores 8.5 vs 7.5 for FXGT — a 1.0-point difference.
Our Verdict
FXGT
Score: 7.2/10 · Wins 2 categories- You want access to a wider range of instruments
- Fast and flexible deposits & withdrawals are important
- You prefer a low minimum deposit ($5)
Tio Markets
Score: 7.4/10 · Wins 2 categories- You want lower spreads and trading fees
- Top-tier regulation and fund safety are your priority
- You prefer Tio Markets's trading environment overall
Tio Markets takes the lead with an overall score of 7.4/10 compared to 7.2/10, winning in 2 out of 8 scoring categories. Tio Markets stands out for lower trading costs and stronger regulation, while FXGT fights back with smoother deposits & withdrawals and wider product range.
Detailed Verdict
After testing both brokers with real accounts, Tio Markets comes out ahead with a 7.4/10 overall rating, winning 2 out of 8 categories. Its strongest area is Regulation & Trust where it scores 8.5/10. Tio Markets 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 smoother deposits & withdrawals or wider product range may find FXGT the better fit. For a complete breakdown, read our full Tio Markets review and FXGT review — both include account opening walkthroughs, platform screenshots, and withdrawal test results.
Score Breakdown
Tio Markets wins by 0.5 points
Tio Markets wins by 1.0 points
FXGT wins by 0.5 points
FXGT wins by 0.5 points
Full Feature Comparison
| Feature | ||
|---|---|---|
| Overall Score | 7.2/10 | 7.4/10 ✓ |
| Min Deposit Lower is better | $5 ✓ | $50 |
| Max Leverage | 1:1000 | 1:500 |
| Spreads From | 0.0 pips | 0.0 pips |
| Platforms | MT5 | MT4 |
| Regulation | CySEC, FSA | FCA, CySEC |
| Founded Older track record highlighted | 2019 | 2018 ✓ |
| Markets | 400+ ✓ | 300+ |
Fees & Costs
When it comes to trading costs, Tio Markets has the edge with a score of 8/10 versus 7.5/10 for FXGT. FXGT offers spreads starting from 0.0 pips, while Tio Markets starts from 0.0 pips. The minimum deposit at FXGT is $5, compared to $50 at Tio Markets. 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
FXGT scores 7/10 for platforms compared to 7/10 for Tio Markets. FXGT provides MT5, while Tio Markets offers MT4. 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. FXGT is regulated by CySEC, FSA (Tier 1), while Tio Markets holds licenses from FCA, CySEC (Tier 1). FXGT scores 7.5/10 and Tio Markets scores 8.5/10 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, 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 Tio Markets 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
FXGT offers 24/7 Live Chat, Email and scores 7.5/10, while Tio Markets provides 24/5 Live Chat, 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.
Deposit & Withdrawal
FXGT scores 8/10 for deposits and withdrawals, while Tio Markets scores 7.5/10. FXGT accepts Bank Transfer, Credit Card, Skrill, Neteller, Crypto, and Tio Markets supports Bank Transfer, Credit Card, Skrill, Neteller, Crypto. Processing times, fees, and available currencies vary. FXGT requires a minimum deposit of $5 versus $50 for Tio Markets. Always check withdrawal conditions and any potential fees before funding your account.
Which Broker Is Right for You?
Choose FXGT if you...
- You want access to a wider range of instruments
- Fast and flexible deposits & withdrawals are important
- You prefer a low minimum deposit ($5)
Choose Tio Markets if you...
- You want lower spreads and trading fees
- Top-tier regulation and fund safety are your priority
- You prefer Tio Markets's trading environment overall
🗳️ Which Broker Do You Prefer?
Cast your vote — see what other traders think
Frequently Asked Questions
Is FXGT better than Tio Markets?
Tio Markets scores higher overall (7.4/10 vs 7.2/10), winning 2 of 8 categories. However, FXGT is stronger in smoother deposits & withdrawals and wider product range. The best choice depends on what matters most to your trading style.
Which has lower fees, FXGT or Tio Markets?
Tio Markets scores higher for trading costs. FXGT offers spreads from 0.0 pips with a $5 minimum deposit, while Tio Markets 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. Tio Markets is regulated by FCA, CySEC with a score of 8.5/10. Both hold recognized licenses, but verify the specific entity covering your region.
Which has better trading platforms, FXGT or Tio Markets?
FXGT scores 7/10 for platforms. FXGT offers MT5, while Tio Markets provides MT4. Your ideal platform depends on whether you prefer proprietary tools, MetaTrader, or third-party solutions.
What's the minimum deposit for FXGT vs Tio Markets?
FXGT requires a minimum deposit of $5, while Tio Markets 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.