FXTM
FXGT
FXTM vs FXGT
A detailed side-by-side comparison based on our hands-on testing across 8 scoring categories.
FXTM and FXGT are both popular choices for forex and CFD traders, but they cater to different needs and experience levels. FXTM, founded in 2011 and headquartered in Limassol, Cyprus, is regulated by CySEC, FCA, FSA and offers spreads starting from 0.0 pips with a minimum deposit of $10. 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, FXTM scored 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 overall value, so your ideal broker depends on what you prioritize in a trading partner.
Key Differences at a Glance
- 📊
FXTM scores 8/10 overall vs 7.2/10 for FXGT — a 0.8-point difference.
- 💵
FXGT requires just $5 to start, while FXTM needs $10 — FXGT is 2x more accessible.
- 📈
FXTM offers 600+ instruments vs 400+ at FXGT — a notable difference in market coverage.
- 🖥️
FXTM runs on MT4, MT5, FXTM Trader App, while FXGT uses MT5 — different ecosystems for different trading styles.
- ⚡
The biggest gap is in Education: FXTM scores 8.5 vs 6.5 for FXGT — a 2.0-point difference.
Our Verdict
FXTM
Score: 8.0/10 · Wins 5 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 0 categories- You prefer a low minimum deposit ($5)
- You prefer FXGT's trading environment overall
FXTM takes the lead with an overall score of 8/10 compared to 7.2/10, winning in 5 out of 8 scoring categories. FXTM stands out for lower trading costs and better trading platforms, while FXGT remains a solid alternative.
Detailed Verdict
After testing both brokers with real accounts, FXTM comes out ahead with a 8/10 overall rating, winning 5 out of 8 categories. Its strongest area is Regulation & Trust where it scores 9.0/10. FXTM 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). For a complete breakdown, read our full FXTM review and FXGT review — both include account opening walkthroughs, platform screenshots, and withdrawal test results.
Score Breakdown
FXTM wins by 0.5 points
FXTM wins by 0.5 points
FXTM wins by 1.5 points
FXTM wins by 2.0 points
FXTM wins by 0.5 points
Full Feature Comparison
Fees & Costs
When it comes to trading costs, FXTM has the edge with a score of 8/10 versus 7.5/10 for FXGT. FXTM offers spreads starting from 0.0 pips, while FXGT starts from 0.0 pips. The minimum deposit at FXTM is $10, 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
FXTM scores 7.5/10 for platforms compared to 7/10 for FXGT. FXTM provides MT4, MT5, FXTM Trader App, 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. FXTM is regulated by CySEC, FCA, FSA (Tier 1), while FXGT holds licenses from CySEC, FSA (Tier 1). FXTM scores 9/10 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, FXTM leads with 8.5/10 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. FXTM 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
FXTM offers 24/5 Live Chat, Email, Phone and scores 7.5/10, 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
FXTM scores 8/10 for deposits and withdrawals, while FXGT scores 8/10. FXTM accepts Bank Transfer, Credit Card, Skrill, Neteller, and FXGT supports Bank Transfer, Credit Card, Skrill, Neteller, Crypto. Processing times, fees, and available currencies vary. FXTM requires a minimum deposit of $10 versus $5 for FXGT. Always check withdrawal conditions and any potential fees before funding your account.
Which Broker Is Right for You?
Choose FXTM 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...
- You prefer a low minimum deposit ($5)
- You prefer FXGT's trading environment overall
🗳️ Which Broker Do You Prefer?
Cast your vote — see what other traders think
Frequently Asked Questions
Is FXTM better than FXGT?
FXTM scores higher overall (8/10 vs 7.2/10), winning 5 of 8 categories. However, FXGT remains competitive. The best choice depends on what matters most to your trading style.
Which has lower fees, FXTM or FXGT?
FXTM scores higher for trading costs. FXTM offers spreads from 0.0 pips with a $10 minimum deposit, while FXGT starts from 0.0 pips with $5 minimum. Actual trading costs depend on your instrument, volume, and account type.
Is FXTM safe to trade with?
FXTM is regulated by CySEC, FCA, FSA and scores 9/10 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, FXTM or FXGT?
FXTM scores 7.5/10 for platforms. FXTM offers MT4, MT5, FXTM Trader App, 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 FXTM vs FXGT?
FXTM requires a minimum deposit of $10, 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.