menuclose
Back to Main Menu
ForexBrokers.com is committed to the highest ethical standards and reviews services independently. Learn How We Make Money
Home ‣ Compare ‣ FP Markets vs FXGT.com 2025

FP Markets vs FXGT.com 2025

ForexBrokers.com

Written by ForexBrokers.com

February 05, 2025

In this head to head comparison of FP Markets vs FXGT.com, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.

FP Markets
4.5/5 Stars Overall
  • Minimum Deposit: $100 AUD
  • Trust Score: 89
  • Tradeable Symbols (Total): 10000
FXGT.com
3.5/5 Stars Overall
  • Minimum Deposit: $5
  • Trust Score: 69
  • Tradeable Symbols (Total): 117

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.

Regulation

FP Markets, established in 2005, and FXGT.com, founded in 2019, are both online brokers not listed on any stock exchange and are not banks. In terms of regulatory strength, FP Markets holds two Tier-1 licenses and one Tier-2 license, indicating a strong level of trust. FXGT.com, on the other hand, has one Tier-1 license and one Tier-2 license, suggesting it's reliable but not as highly regarded as FP Markets. According to ForexBrokers.com, FP Markets earns a Trust Score of 89, placing it in the "trusted" category, while FXGT.com scores 69, ranking it as high risk.

Choosing between these two brokers depends on one’s preference for established history and regulatory backing. FP Markets, with its longer presence in the industry and higher Trust Score, may appeal more to those who prioritize trust and stability. Meanwhile, FXGT.com, with solid regulatory oversight, might attract those who are willing to consider brokers that are newer to the market. Both brokers provide trustworthy trading environments, but FP Markets edges ahead with a more favorable and reliable reputation.

Feature FP Markets logoFP Markets
FXGT.com logoFXGT.com
Year Founded info 2005 2019
Publicly Traded (Listed) info No No
Bank info No No
Tier-1 Licenses info 2 1
Tier-2 Licenses info 1 1
Tier-3 Licenses info 0 0
Tier-4 Licenses info 2 2

Fees

FP Markets is the clear winner on pricing. It earns 5/5 stars for commissions and fees and ranks #6 of 63 brokers in ForexBrokers.com’s 2024 review, also taking Best in Class honors. FXGT.com scores 3.5/5 stars and ranks #57 of 63 in the same category.

With FP Markets, the commission-based Raw ECN account averaged 0.1 pips as of October 2023 (about 0.8 pips all-in once you include the $6 per round-turn per standard lot commission), while the Standard account averaged 1.1 pips on EUR/USD. You can trade via MetaTrader or cTrader on either spread-only (Standard) or commission-based (Raw) pricing. For share CFDs, FP Markets’ Iress suite offers Direct Market Access and full depth of book. Iress ViewPoint accounts in Australia have minimums of AUD 1,000 (Standard), AUD 25,000 (Platinum), and AUD 50,000 (Premier); to avoid platform and data fees, you must qualify for Premier or generate at least AUD 150 in monthly commissions. The lower-cost Iress Investor plan waives monthly fees but lacks streaming data and has pared-back charting.

FXGT.com does not provide average spread data, making direct price comparisons tougher. Its 3.5/5 star rating and #57/63 ranking in Commissions and Fees indicate higher costs versus FP Markets. By contrast, FP Markets publishes tight spread averages and a clear ECN commission of $6 per round-turn per standard lot, which can help cost-focused traders gauge their likely trading expenses.

Feature FP Markets logoFP Markets
FXGT.com logoFXGT.com
Minimum Deposit info $100 AUD $5
Average Spread EUR/USD - Standard info 1.2 info N/A info
All-in Cost EUR/USD - Active info 0.7 info N/A info
Active Trader or VIP Discounts info Yes No
ACH or SEPA Transfers info No Yes
PayPal (Deposit/Withdraw) info Yes No
Skrill (Deposit/Withdraw) info Yes No
Visa/Mastercard (Credit/Debit) info Yes Yes
Bank Wire (Deposit/Withdraw) info Yes Yes

Dive deeper: Best Low Spread Forex Brokers.

Featured Offers


Range of investments

When comparing FP Markets vs FXGT.com for range of investments, FP Markets stands out for breadth. It lists about 10,000 tradeable symbols and 71 forex pairs, while FXGT.com offers 117 symbols and 53 pairs. Both brokers support forex trading via CFDs/spot, but FP Markets earns a higher Range of Investments rating (4.5 stars vs 3 stars) and a stronger placement in the ForexBrokers.com rankings (#19 of 63 vs #62 of 63).

Neither broker provides direct stock ownership on U.S. or international exchanges, so stock and ETF access is via derivatives rather than actual shares. Both offer copy trading, do not sell delivered crypto, and do provide cryptocurrency derivatives. In short, pick FP Markets if you want a wider instrument list, and consider FXGT.com if its focused lineup covers your needs.

Feature FP Markets logoFP Markets
FXGT.com logoFXGT.com
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 10000 117
Forex Pairs (Total) info 71 53
U.S. Stock Trading (Non CFD) info No No
Int'l Stock Trading (Non CFD) info No No
Social Trading / Copy Trading info Yes Yes
Cryptocurrency (Physical) info No No
Cryptocurrency (Derivative) info 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.

Trading platforms and tools

FP Markets and FXGT.com both make it easy to get started with a free demo (paper) account and both support MetaTrader 4 (MT4) and MetaTrader 5 (MT5). Each broker offers a Windows desktop platform and a web-based platform, plus copy trading. A key difference: FP Markets also has its own proprietary platform, while FXGT.com does not. Neither broker integrates DupliTrade or ZuluTrade.

For charting and workflow, both let you place trades directly from charts. FXGT.com lists 23 drawing tools versus 17 at FP Markets, while FP Markets offers more watchlist fields (7 columns) than FXGT.com (5 columns). Both earn 4 out of 5 stars for Trading Platforms and Tools, yet their category rankings diverge: FP Markets sits at 23rd of 63 brokers on ForexBrokers.com, while FXGT.com is 57th. If you value an in-house platform and richer watchlists, FP Markets stands out; if you want more drawing tools, FXGT.com has the edge.

Feature FP Markets logoFP Markets
FXGT.com logoFXGT.com
Virtual Trading (Demo) info Yes Yes
Proprietary Platform info Yes No
Desktop Platform (Windows) info Yes Yes
Web Platform info Yes Yes
Social Trading / Copy Trading info Yes Yes
MetaTrader 4 (MT4) info Yes Yes
MetaTrader 5 (MT5) info Yes Yes
DupliTrade info No No
ZuluTrade info No No
Charting - Indicators / Studies (Total) info 30 37
Charting - Drawing Tools (Total) info 17 23
Charting - Trade From Chart info Yes Yes
Watchlists - Total Fields info 7 5

Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.

Forex trading apps

FP Markets and FXGT.com both offer mobile trading apps for iPhone and Android. Each app supports real-time watchlists and price alerts, helping you track forex and other markets on the go. The standout difference is syncing: FXGT.com syncs your watchlists between the app and your online account, while FP Markets does not—useful to know if you often switch devices or trade from desktop and mobile.

For charting, both apps let you draw trendlines, switch among multiple time frames, and auto save your drawings. FP Markets uses the default MetaTrader set of technical indicators, while FXGT.com includes 30 studies. According to ForexBrokers.com, FP Markets earns 4 stars and ranks 18th out of 63 brokers for mobile trading apps; FXGT.com scores 3.5 stars and ranks 59th. Bottom line: FP Markets offers higher overall app quality, while FXGT.com is appealing if synced watchlists are a must.

Feature FP Markets logoFP Markets
FXGT.com logoFXGT.com
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Alerts - Basic Fields info Yes Yes
Watchlist Syncing info No Yes
Mobile Charting - Indicators / Studies info MetaTrader (Default) 30
Mobile Charting - Draw Trendlines info Yes Yes
Mobile Charting - Multiple Time Frames info Yes Yes
Mobile Charting - Drawings Autosave info Yes Yes
Mobile Watchlist info Yes Yes

Dive deeper: Best Forex Trading Apps.

Market research

FP Markets offers a fuller set of market research tools than FXGT.com. FP Markets includes daily market commentary, forex news from top-tier outlets like Bloomberg, Reuters, or Dow Jones, and technical analysis tools from both Autochartist and Trading Central. It also provides a sentiment tool and an economic calendar. FXGT.com does not provide daily commentary, top-tier news, Autochartist, or Trading Central, but it does offer a sentiment tool and an economic calendar. Neither broker includes research from Acuity Trading; FP Markets does not offer TipRanks, and FXGT.com’s TipRanks access is not indicated.

For overall research quality, FP Markets holds a 4-star rating and ranks #25 out of 63 brokers, while FXGT.com has a 3-star rating and ranks #57. If you want richer in-platform research and tools to support technical and fundamental analysis, FP Markets is the stronger choice; FXGT.com covers the basics for traders who only need sentiment data and an economic calendar.

Feature FP Markets logoFP Markets
FXGT.com logoFXGT.com
Daily Market Commentary info Yes No
Forex News (Top-Tier Sources) info Yes No
Autochartist info Yes No
Trading Central (Recognia) info Yes No
Social Sentiment - Currency Pairs info Yes Yes
TipRanks info No
Signal Centre (Acuity Trading) info No No
Economic Calendar info Yes Yes

Dive deeper: Best Brokers for Forex Research.

Beginners and education

FP Markets vs FXGT.com for beginner education: FP Markets clearly offers more for new forex and CFD traders. It provides a full learning hub with at least 10 education pieces focused on forex and CFDs, plus monthly client webinars and a searchable archive of past sessions. It also has 10+ beginner videos and 10+ advanced videos to help you progress, along with an investor dictionary covering 50+ terms. FXGT.com, by contrast, does not meet the 10-piece threshold for forex/CFD education, does not run monthly webinars, and has no searchable webinar archive or 10+ beginner/advanced video libraries—though it does offer an investor dictionary with 50+ terms.

The difference shows in third-party ratings: FP Markets earns 4 out of 5 stars for Education and ranks #23 out of 63 brokers on ForexBrokers.com, while FXGT.com earns 3 stars and ranks #61. If you’re a beginner looking for structured lessons, regular webinars, and on-demand videos, FP Markets is the stronger choice.

Feature FP Markets logoFP Markets
FXGT.com logoFXGT.com
Education (Forex or CFDs) info Yes No
Client Webinars info Yes No
Client Webinars (Archived) info Yes No
Videos - Beginner Trading Videos info Yes No
Videos - Advanced Trading Videos info Yes No
Investor Dictionary (Glossary) info Yes Yes

Dive deeper: Best Forex Brokers for Beginners.

Winner

After testing 63 of the best forex brokers, our research and account testing finds that FP Markets is better than FXGT.com. FP Markets finished with an overall rank of #19, while FXGT.com finished with an overall rank of #59.

FP Markets shines as a low-cost broker for trading forex and CFDs – as long as you use the MetaTrader platform. The Iress platform suite offers well over 9,000 tradeable symbols, but it’s mostly a share trading platform – and is generally a much pricier option.

Feature FP Markets logoFP Markets
FXGT.com logoFXGT.com
Overall Rating info 4.5/5 Stars 3.5/5 Stars
Trust Score info 89 69
Range of Investments 4.5/5 Stars 3/5 Stars
Commissions & Fees 5/5 Stars 3.5/5 Stars
Platforms & Tools 4/5 Stars 4/5 Stars
Research 4/5 Stars 3/5 Stars
Mobile Trading 4/5 Stars 3.5/5 Stars
Education 4/5 Stars 3/5 Stars

FAQs

Can you trade cryptocurrency with FP Markets or FXGT.com?

Both FP Markets and FXGT.com provide the option to trade cryptocurrency derivatives but neither offers the opportunity to purchase actual (delivered) cryptocurrencies.

What funding options does each broker offer?

FP Markets offers PayPal, Skrill, Visa, Mastercard, and bank wires but lacks ACH or SEPA transfer options, while FXGT.com provides ACH and SEPA transfers alongside Visa, Mastercard, and bank wires, yet does not support PayPal or Skrill.

More Comparisons

FP Markets vs GBE brokers FP Markets vs FXPrimus FP Markets vs Questrade FP Markets vs OANDA FP Markets vs ThinkMarkets FP Markets vs Saxo FXGT.com vs FxPro FXGT.com vs IUX FXGT.com vs IronFX FXGT.com vs TopFX FXGT.com vs TMGM FXGT.com vs Tickmill

Show all



announcementPlease 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.

Select Brokers

↓×
  • check_box_outline_blankcheck_boxActivTrades
  • check_box_outline_blankcheck_boxACY Securities
  • check_box_outline_blankcheck_boxAdmirals
  • check_box_outline_blankcheck_boxAlpari
  • check_box_outline_blankcheck_boxATFX
  • check_box_outline_blankcheck_boxAvaTrade
  • check_box_outline_blankcheck_boxAxi
  • check_box_outline_blankcheck_boxBDSwiss
  • check_box_outline_blankcheck_boxBlackBull Markets
  • check_box_outline_blankcheck_boxCapital.com
  • check_box_outline_blankcheck_boxCharles Schwab
  • check_box_outline_blankcheck_boxCity Index
  • check_box_outline_blankcheck_boxCMC Markets
  • check_box_outline_blankcheck_boxDooPrime
  • check_box_outline_blankcheck_boxEarn
  • check_box_outline_blankcheck_boxeasyMarkets
  • check_box_outline_blankcheck_boxEightcap
  • check_box_outline_blankcheck_boxeToro
  • check_box_outline_blankcheck_boxExness
  • check_box_outline_blankcheck_boxFineco
  • check_box_outline_blankcheck_boxFOREX.com
  • check_box_outline_blankcheck_boxFP Markets
  • check_box_outline_blankcheck_boxFXCM
  • check_box_outline_blankcheck_boxFXGT.com
  • check_box_outline_blankcheck_boxFXOpen
  • check_box_outline_blankcheck_boxFXPrimus
  • check_box_outline_blankcheck_boxFxPro
  • check_box_outline_blankcheck_boxGBE brokers
  • check_box_outline_blankcheck_boxHFM
  • check_box_outline_blankcheck_boxHYCM (Henyep Capital Markets)
  • check_box_outline_blankcheck_boxIC Markets
  • check_box_outline_blankcheck_boxIFC Markets
  • check_box_outline_blankcheck_boxiFOREX
  • check_box_outline_blankcheck_boxIG
  • check_box_outline_blankcheck_boxInteractive Brokers
  • check_box_outline_blankcheck_boxIronFX
  • check_box_outline_blankcheck_boxIUX
  • check_box_outline_blankcheck_boxLegacyFX
  • check_box_outline_blankcheck_boxLibertex (Forex Club)
  • check_box_outline_blankcheck_boxMarkets.com
  • check_box_outline_blankcheck_boxMarkets4you
  • check_box_outline_blankcheck_boxMoneta Markets
  • check_box_outline_blankcheck_boxMultiBank
  • check_box_outline_blankcheck_boxOANDA
  • check_box_outline_blankcheck_boxOcta
  • check_box_outline_blankcheck_boxPepperstone
  • check_box_outline_blankcheck_boxPlus500
  • check_box_outline_blankcheck_boxQuestrade
  • check_box_outline_blankcheck_boxRoboForex
  • check_box_outline_blankcheck_boxSaxo
  • check_box_outline_blankcheck_boxSpreadex
  • check_box_outline_blankcheck_boxSwissquote
  • check_box_outline_blankcheck_boxThinkMarkets
  • check_box_outline_blankcheck_boxTickmill
  • check_box_outline_blankcheck_boxTMGM
  • check_box_outline_blankcheck_boxTopFX
  • check_box_outline_blankcheck_boxTrade Nation
  • check_box_outline_blankcheck_boxTrading 212
  • check_box_outline_blankcheck_boxVantage
  • check_box_outline_blankcheck_boxVT Markets
  • check_box_outline_blankcheck_boxXM Group
  • check_box_outline_blankcheck_boxXTB
  • check_box_outline_blankcheck_boxXtrade

Compare

0 of 5
× FP Markets
× FXGT.com
Sponsored

+ Add Broker

Close Menu ×

navigate_before navigate_next
Overall Rating FP Markets FXGT.com
Overall Rating info 4.5/5 Stars 3.5/5 Stars
Commissions & Fees 5/5 Stars 3.5/5 Stars
Range of Investments 4.5/5 Stars 3/5 Stars
Platforms & Tools 4/5 Stars 4/5 Stars
Mobile Trading 4/5 Stars 3.5/5 Stars
Research 4/5 Stars 3/5 Stars
Education 4/5 Stars 3/5 Stars
Trust Score info 89 69
Winner check_circle
Review FP Markets Review
Broker Screenshots FP Markets FXGT.com
Broker Gallery (click to expand) info
FP Markets MT5 mobile trading app watchlist FP Markets MetaTrader 5 MT5 desktop platform. FP Markets research blog technical report detail. FP Markets educational lessons.
FXGT MetaTrader 5 MT5 desktop trading platform. FXGT MetaTrader 5 MT5 desktop trading platform Signals market. FXGT MetaTrader 5 MT5 desktop trading platform charts watchlist spreads. FXGT MetaTrader 5 MT5 desktop trading platform charts. FXGT Trading Tool plans.
Regulation FP Markets FXGT.com
Trust Score info 89 69
Year Founded info 2005 2019
Publicly Traded (Listed) info No No
Bank info No No
Regulated in one or more EU or EEA countries (MiFID). info Yes info Yes info
Tier-1 Licenses info 2 1
Tier-2 Licenses info 1 1
Tier-3 Licenses info 0 0
Tier-4 Licenses info 2 2
Tier-1 Licenses (Highly Trusted) FP Markets FXGT.com
Australia (ASIC Authorised) info Yes
Canada (CIRO Authorised) info No
Hong Kong (SFC Authorised) info No
Japan (SFC Authorised) info No
Singapore (MAS Authorised) info No
Switzerland (FINMA Authorised) info
United Kingdom (U.K.) (FCA Authorised) info No
USA (CFTC Authorized) info No
New Zealand (FMA Authorised) info No
Regulated in one or more EU or EEA countries (MiFID). info Yes info Yes info
Tier-2 Licenses (Trusted) FP Markets FXGT.com
Kenya (CMA Authorised) info
Israel (ISA Authorised) info No
South Africa (FSCA Authorised) info Yes Yes
UAE (DFSA/Central Bank Authorised) info No
India (SEBI Authorised) info No
Jordan (JSC Authorised) info
Investments FP Markets FXGT.com
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 10000 117
Forex Pairs (Total) info 71 53
U.S. Stock Trading (Non CFD) info No No
Int'l Stock Trading (Non CFD) info No No
Social Trading / Copy Trading info Yes Yes
Cryptocurrency (Physical) info No No
Cryptocurrency (Derivative) info 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 FP Markets FXGT.com
Average Spread EUR/USD - Standard info 1.2 info N/A info
All-in Cost EUR/USD - Active info 0.7 info N/A info
Active Trader or VIP Discounts info Yes No
Inactivity Fee info No No
Execution: Agency Broker info No No
Execution: Market Maker info Yes Yes
Funding FP Markets FXGT.com
Minimum Deposit info $100 AUD $5
PayPal (Deposit/Withdraw) info Yes No
Skrill (Deposit/Withdraw) info Yes No
Visa/Mastercard (Credit/Debit) info Yes Yes
Bank Wire (Deposit/Withdraw) info Yes Yes
ACH or SEPA Transfers info No Yes
Trading Platforms FP Markets FXGT.com
Proprietary Platform info Yes No
Desktop Platform (Windows) info Yes Yes
Web Platform info Yes Yes
Social Trading / Copy Trading info Yes Yes
MetaTrader 4 (MT4) info Yes Yes
MetaTrader 5 (MT5) info Yes Yes
cTrader info Yes No
DupliTrade info No No
ZuluTrade info No No
Trading Tools FP Markets FXGT.com
Virtual Trading (Demo) info Yes Yes
Alerts - Basic Fields info Yes Yes
Watchlists - Total Fields info 7 5
Charting - Indicators / Studies (Total) info 30 37
Charting - Drawing Tools (Total) info 17 23
Charting - Trade From Chart info Yes Yes
Charts can be saved info Yes Yes
Mobile Trading FP Markets FXGT.com
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Alerts - Basic Fields info Yes Yes
Mobile Watchlist info Yes Yes
Watchlist Syncing info No Yes
Mobile Charting - Indicators / Studies info MetaTrader (Default) 30
Mobile Charting - Draw Trendlines info Yes Yes
Mobile Charting - Multiple Time Frames info Yes Yes
Mobile Charting - Drawings Autosave info Yes Yes
Mobile Economic Calendar info Yes Yes
Research FP Markets FXGT.com
Daily Market Commentary info Yes No
Forex News (Top-Tier Sources) info Yes No
Autochartist info Yes No
Trading Central (Recognia) info Yes No
TipRanks info No
Social Sentiment - Currency Pairs info Yes Yes
Economic Calendar info Yes Yes
Education FP Markets FXGT.com
Education (Forex or CFDs) info Yes No
Client Webinars info Yes No
Client Webinars (Archived) info Yes No
Videos - Beginner Trading Videos info Yes No
Videos - Advanced Trading Videos info Yes No
Investor Dictionary (Glossary) info Yes Yes
Major Forex Pairs FP Markets FXGT.com
GBP/USD info Yes Yes
USD/JPY info Yes Yes
EUR/USD info Yes Yes
USD/CHF info Yes Yes
USD/CAD info Yes Yes
NZD/USD info Yes Yes
AUD/USD info Yes Yes
Review FP Markets Review
Overall FP Markets FXGT.com
Overall Rating info 4.5/5 Stars 3.5/5 Stars
Commissions & Fees 5/5 Stars 3.5/5 Stars
Range of Investments 4.5/5 Stars 3/5 Stars
Platforms & Tools 4/5 Stars 4/5 Stars
Mobile Trading 4/5 Stars 3.5/5 Stars
Research 4/5 Stars 3/5 Stars
Education 4/5 Stars 3/5 Stars
Trust Score info 89 69
Winner check_circle
Review FP Markets Review
arrow_upward

close
navigate_before navigate_next