Written by ForexBrokers.com
In this head to head comparison of FOREX.com vs FXGT.com, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 51% and 89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
FOREX.com, established in 1999, is a highly reputable online broker with a Trust Score of 99 from ForexBrokers.com, signifying a high level of trust. Although it is not a bank, it benefits from being publicly traded. The broker boasts seven Tier-1 licenses, which are the most trusted, as well as one Tier-2 license. These credentials exemplify FOREX.com's strong regulatory standing, appealing to traders who prioritize security and oversight by top-tier financial authorities.
In contrast, FXGT.com, founded in 2019, holds a ForexBrokers.com Trust Score of 69, indicating a higher risk compared to FOREX.com. While it also holds one Tier-1 and one Tier-2 license, it does not have the same level of regulatory assurance as its counterpart. FXGT.com is not publicly traded and, like FOREX.com, is not a bank. Although it provides a solid trading platform, potential users should weigh its regulatory credentials and trading security carefully against their personal risk tolerance.
| Feature |
FOREX.com
|
FXGT.com
|
|---|---|---|
| Year Founded | 1999 | 2019 |
| Publicly Traded (Listed) | Yes | No |
| Bank | No | No |
| Tier-1 Licenses | 7 | 1 |
| Tier-2 Licenses | 1 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 2 |
Comparing commissions and fees, FOREX.com earns 4.5/5 stars and ranks #14 out of 63 brokers for the Commissions and Fees category at ForexBrokers.com, while FXGT.com earns 3.5/5 stars and ranks #57 out of 63. FOREX.com publishes detailed pricing and execution statistics, whereas FXGT.com does not provide average spread data, making direct cost comparisons harder.
FOREX.com’s Standard account (the only option for MetaTrader users) typically shows 1.4-pip spreads on EUR/USD in the U.S. based on July 2023 data. Outside the U.S., July 2023 time-weighted averages were tighter at 0.74 pips on EUR/USD. Its commission-based RAW account lists typical EUR/USD spreads of 0.13 pips (February 2024) plus a base commission of $7 per standard lot ($3.5 per side), which adds about 0.7 pips. Active traders can get volume rebates of $2 to $9 per million, and very high-volume clients (over $2 billion per month) can access pricing comparable to leading low-cost brokers. For most U.S. traders doing less than $50 million per month, the all-in costs on the Commission/RAW setup are similar to the Standard account; the main differences are execution method and available platforms.
FXGT.com’s average spread data is not available, so it’s difficult to pin down all-in trading costs or compare them precisely to FOREX.com. Prospective clients should confirm current spreads, any per-trade commissions, and whether tiered rebates exist directly with FXGT.com. Given its 3.5/5 star rating and #57/63 ranking, FXGT.com trails FOREX.com (4.5/5 stars, #14/63) on commissions and fees.
| Feature |
FOREX.com
|
FXGT.com
|
|---|---|---|
| Minimum Deposit | $100 | $5 |
| Average Spread EUR/USD - Standard | 1.4 | N/A |
| All-in Cost EUR/USD - Active | 0.9 | N/A |
| Non-wire bank transfer | Yes | Yes |
| PayPal (Deposit/Withdraw) | Yes | No |
| Skrill (Deposit/Withdraw) | Yes | No |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
Comparing the range of investments at FOREX.com vs FXGT.com: both support forex trading through CFDs (contracts for difference) and spot FX, and both offer crypto trading via derivatives—but neither lets you buy actual cryptocurrencies for delivery. Neither broker provides access to real exchange‑traded shares in the U.S. or on international exchanges. Where they differ most is breadth: FOREX.com offers about 5,500 tradeable symbols and 80 forex pairs, while FXGT.com lists 117 symbols and 53 forex pairs.
FXGT.com includes copy trading, which FOREX.com does not. In ForexBrokers.com’s Range of Investments ratings, FOREX.com scores 5 stars and ranks 7th out of 63 brokers, whereas FXGT.com earns 3 stars and ranks 62nd. If you want the widest choice of markets and currency pairs, FOREX.com is the stronger fit; if you prefer having copy trading built in and are okay with a smaller lineup, FXGT.com may suit your needs.
| Feature |
FOREX.com
|
FXGT.com
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 5500 | 117 |
| Forex Pairs (Total) | 80 | 53 |
| U.S. Stocks (Shares) | No | No |
| Global Stocks (Non-U.S. Shares) | No | No |
| Copy Trading | No | Yes |
| Cryptocurrency (Underlying) | No | No |
| Cryptocurrency (CFDs) | Yes | Yes |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
Dive deeper: Best Copy Trading Platforms.
Comparing trading platforms and tools, both FOREX.com and FXGT.com offer free demo (paper) accounts, Windows desktop downloads, and web-based platforms. Each supports MetaTrader 4 (MT4) and MetaTrader 5 (MT5). FOREX.com also has its own proprietary platform built in-house, while FXGT.com relies on third-party platforms. With both brokers, you can place trades directly from charts for quicker order entry.
For copy trading, FXGT.com has it, while FOREX.com does not. According to ForexBrokers.com, FOREX.com earns 5 stars and ranks 7th out of 63 brokers for Trading Platforms and Tools, compared with FXGT.com’s 4 stars and 57th ranking. In short, self-directed traders who want an in-house platform and higher-rated tools may prefer FOREX.com, while those interested in mirroring strategies may lean toward FXGT.com.
| Feature |
FOREX.com
|
FXGT.com
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | No |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Copy Trading | No | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| Charting - Indicators / Studies (Total) | 88 | 37 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
FOREX.com and FXGT.com both provide iPhone and Android mobile trading apps with price alerts and watchlists that sync with your online account. Each app lets you draw trendlines on charts and auto-saves your drawings. For charting, FOREX.com includes 88 technical studies, while FXGT.com offers 30. Details about viewing multiple time frames and creating watchlists with real-time quotes weren’t specified for either app.
Independent reviews favor FOREX.com for mobile trading: it holds a 5-star rating and ranks #3 out of 63 brokers at ForexBrokers.com, compared with FXGT.com’s 3.5 stars and #59 ranking. If you want a higher-rated mobile trading app with more built-in technical indicators, FOREX.com is the stronger pick, while FXGT.com covers the essentials for trading on the go.
| Feature |
FOREX.com
|
FXGT.com
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | Yes | Yes |
| Mobile Charting - Indicators / Studies | 88 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | Yes | Yes |
| Mobile Watchlist [DELETED] |
Dive deeper: Best Forex Trading Apps.
When it comes to market research, FOREX.com offers daily market commentary, premium forex news from top-tier sources like Bloomberg, Reuters, or Dow Jones, and Trading Central tools for technical and fundamental insights. Both brokers provide a sentiment-based trading tool and an economic calendar. Neither broker offers Autochartist or Acuity Trading tools. TipRanks is not available at FOREX.com; availability at FXGT.com is not specified. FXGT.com does not provide daily commentary, top-tier news, or Trading Central.
Ratings reflect the gap: FOREX.com earns 4.5/5 stars for Research and ranks #9 out of 63 brokers, while FXGT.com scores 3/5 stars and ranks #57. Choose FOREX.com if you want built-in news, daily commentary, Trading Central, and sentiment tools in one place. Consider FXGT.com if a basic setup with sentiment data and an economic calendar meets your needs and you plan to source news and analysis elsewhere.
| Feature |
FOREX.com
|
FXGT.com
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | No |
| Forex News (Top-Tier Sources) | Yes | No |
| Autochartist | No | No |
| Trading Central | Yes | No |
| Client sentiment data | Yes | Yes |
| TipRanks | No | |
| Acuity Trading | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
For beginner traders comparing forex and CFD education, FOREX.com offers a stronger learning experience than FXGT.com. FOREX.com runs online client webinars at least once per month and provides 10+ beginner videos, along with 10+ advanced videos for when you’re ready to progress. FXGT.com does not host monthly client webinars and does not meet the threshold of 10 beginner or 10 advanced videos. For both brokers, it wasn’t specified whether they each publish 10+ total educational pieces, maintain a searchable archive of past webinars, or provide an investor dictionary with 50+ terms.
Independent reviews echo this gap: FOREX.com is rated 4.5/5 stars for Education and ranks #4 out of 63 brokers at ForexBrokers.com, while FXGT.com holds 3/5 stars and ranks #61. If you want accessible video lessons and live learning opportunities, FOREX.com is the more complete pick for beginners, whereas FXGT.com’s education appears more limited.
| Feature |
FOREX.com
|
FXGT.com
|
|---|---|---|
| Webinars | Yes | No |
| Videos - Beginner Trading Videos | Yes | No |
| Videos - Advanced Trading Videos | Yes | No |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that FOREX.com is better than FXGT.com. FOREX.com finished with an overall rank of #5, while FXGT.com finished with an overall rank of #59.
FOREX.com is a trusted brand that delivers an excellent trading experience for forex and CFDs traders across the globe. It offers a wide range of markets and provides an impressive suite of proprietary platforms – alongside limited access to MetaTrader.
| Feature |
FOREX.com
|
FXGT.com
|
|---|---|---|
| Overall Rating |
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| Trust Score | 99 | 69 |
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Both FOREX.com and FXGT.com do not offer the option to buy actual (delivered) cryptocurrency, but they do provide the ability to trade in cryptocurrency derivatives.
FOREX.com vs FXGT.com deposit and withdrawal methods: both online brokers support ACH/SEPA and bank wires, but only FOREX.com offers PayPal and Skrill while FXGT.com does not; Visa/Mastercard availability is not specified for either.
Please note:
We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.
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0 of 5| Overall Rating | FOREX.com | FXGT.com | |
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| Trust Score | 99 | 69 | |
| Winner | check_circle | ||
| Review | FOREX.com Review |
| Broker Screenshots | FOREX.com | FXGT.com | |
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| Broker Gallery (click to expand) |
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| Regulation | FOREX.com | FXGT.com | |
|---|---|---|---|
| Trust Score | 99 | 69 | |
| Year Founded | 1999 | 2019 | |
| Publicly Traded (Listed) | Yes | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 7 | 1 | |
| Tier-2 Licenses | 1 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 2 |
| Tier-1 Licenses (Highly Trusted) | FOREX.com | FXGT.com | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | ||
| Canada (CIRO Authorised) | Yes | ||
| Hong Kong (SFC Authorised) | No | ||
| Japan (SFC Authorised) | Yes | ||
| Singapore (MAS Authorised) | Yes | ||
| Switzerland (FINMA Authorised) | No | ||
| United Kingdom (U.K.) (FCA Authorised) | Yes | ||
| USA (CFTC Authorized) | Yes | ||
| New Zealand (FMA Authorised) | No | ||
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes |
| Tier-2 Licenses (Trusted) | FOREX.com | FXGT.com | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | ||
| Israel (ISA Authorised) | No | ||
| South Africa (FSCA Authorised) | No | Yes | |
| UAE (DFSA, FSRA, or SCA Authorised) | Yes | ||
| India (SEBI Authorised) | No | ||
| Jordan (JSC Authorised) | No |
| Investments | FOREX.com | FXGT.com | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 5500 | 117 | |
| Forex Pairs (Total) | 80 | 53 | |
| U.S. Stocks (Shares) | No | No | |
| Global Stocks (Non-U.S. Shares) | No | No | |
| Copy Trading | No | Yes | |
| Cryptocurrency (Underlying) | No | No | |
| Cryptocurrency (CFDs) | Yes | Yes | |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
| Cost | FOREX.com | FXGT.com | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.4 | N/A | |
| All-in Cost EUR/USD - Active | 0.9 | N/A | |
| Inactivity Fee | Yes | No | |
| Order execution: Agency | No | No | |
| Order execution: Market Maker | Yes | Yes |
| Funding | FOREX.com | FXGT.com | |
|---|---|---|---|
| Minimum Deposit | $100 | $5 | |
| PayPal (Deposit/Withdraw) | Yes | No | |
| Skrill (Deposit/Withdraw) | Yes | No | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer | Yes | Yes |
| Trading Platforms | FOREX.com | FXGT.com | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | No | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | No | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | No | No |
| Trading Tools | FOREX.com | FXGT.com | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 88 | 37 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | FOREX.com | FXGT.com | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | Yes | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | Yes | Yes | |
| Mobile Charting - Indicators / Studies | 88 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | Yes | Yes | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | FOREX.com | FXGT.com | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | No | |
| Forex News (Top-Tier Sources) | Yes | No | |
| Autochartist | No | No | |
| Trading Central | Yes | No | |
| TipRanks | No | ||
| Client sentiment data | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | FOREX.com | FXGT.com | |
|---|---|---|---|
| Webinars | Yes | No | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | Yes | No |
| Major Forex Pairs | FOREX.com | FXGT.com | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | FOREX.com Review |
| Overall | FOREX.com | FXGT.com | |
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| Trust Score | 99 | 69 | |
| Winner | check_circle | ||
| Review | FOREX.com Review |
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