Tio Markets

Tio Markets

🟢 Tier 1 Regulated
7.4
/ 10
vs
FXGT

FXGT

🟢 Tier 1 Regulated
7.2
/ 10

Tio Markets vs FXGT

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

Tio Markets and FXGT are both popular choices for forex and CFD traders, but they cater to different needs and experience levels. Tio Markets, founded in 2018 and headquartered in London, UK, is regulated by FCA, CySEC and offers spreads starting from 0.0 pips with a minimum deposit of $50. 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, 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.

  • 🖥️

    Tio Markets runs on MT4, while FXGT uses MT5 — 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

🏆 WINNER
Tio Markets

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
FXGT

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 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
FXGT
Trading Costs
8.0 7.5

Tio Markets wins by 0.5 points

Platforms & Tools
7.0 7.0
Regulation & Trust
8.5 7.5

Tio Markets wins by 1.0 points

Education
6.5 6.5
Customer Service
7.5 7.5
Research & Analysis
6.5 6.5
Deposit & Withdrawal
7.5 8.0

FXGT wins by 0.5 points

Product Range
6.5 7.0

FXGT wins by 0.5 points

Full Feature Comparison

Structured broker facts pulled from the shared broker dataset.
Feature
Overall Score
7.4/10
7.2/10
Min Deposit
Lower is better
$50
$5
Max Leverage
1:500
1:1000
Spreads From
0.0 pips
0.0 pips
Platforms
MT4
MT5
Regulation
FCA, CySEC
CySEC, FSA
Founded
Older track record highlighted
2018
2019
Markets
300+
400+
Tio Markets: 1 FXGT: 0
💰

Fees & Costs

🏅 Section Winner: Tio Markets (8.0 vs 7.5)

When it comes to trading costs, Tio Markets has the edge with a score of 8/10 versus 7.5/10 for FXGT. Tio Markets offers spreads starting from 0.0 pips, while FXGT starts from 0.0 pips. The minimum deposit at Tio Markets is $50, 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.

Tio Markets
8.0
FXGT
7.5
Tio Markets: 1 FXGT: 0
🖥️

Trading Platforms

Tio Markets scores 7/10 for platforms compared to 7/10 for FXGT. Tio Markets provides MT4, 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.

Tio Markets
7.0
FXGT
7.0
Tio Markets: 2 FXGT: 0
🛡️

Regulation & Safety

🏅 Section Winner: Tio Markets (8.5 vs 7.5)

Regulation is crucial for fund safety. Tio Markets is regulated by FCA, CySEC (Tier 1), while FXGT holds licenses from CySEC, FSA (Tier 1). Tio Markets scores 8.5/10 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.

Tio Markets
8.5
FXGT
7.5
Tio Markets: 2 FXGT: 0
📚

Education & Research

For learning resources, Tio Markets 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. Tio Markets 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.

Tio Markets
6.5
FXGT
6.5
Tio Markets: 2 FXGT: 0
🎧

Customer Support

Tio Markets 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.

Tio Markets
7.5
FXGT
7.5
Tio Markets: 2 FXGT: 1
💳

Deposit & Withdrawal

🏅 Section Winner: FXGT (7.5 vs 8.0)

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

Tio Markets
7.5
FXGT
8.0

Which Broker Is Right for You?

Tio Markets

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
Visit Tio Markets
FXGT

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)
Visit FXGT

🗳️ Which Broker Do You Prefer?

Cast your vote — see what other traders think

Frequently Asked Questions

Is Tio Markets better than FXGT?

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, Tio Markets or FXGT?

Tio Markets scores higher for trading costs. Tio Markets offers spreads from 0.0 pips with a $50 minimum deposit, while FXGT starts from 0.0 pips with $5 minimum. Actual trading costs depend on your instrument, volume, and account type.

Is Tio Markets safe to trade with?

Tio Markets is regulated by FCA, CySEC and scores 8.5/10 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, Tio Markets or FXGT?

Tio Markets scores 7/10 for platforms. Tio Markets offers MT4, 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 Tio Markets vs FXGT?

Tio Markets requires a minimum deposit of $50, 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.

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