Written by ForexBrokers.com
In this head to head comparison of FXOpen 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.
FXOpen, established in 2003, and FXGT.com, founded in 2019, both operate as online brokers and are not publicly traded or banking institutions. When considering their trustworthiness based on ForexBrokers.com's Trust Score ratings, FXOpen earns a score of 76, placing it in the average risk category, while FXGT.com holds a score of 69, suggesting a high risk association. In terms of regulatory credentials, FXOpen boasts two Tier-1 licenses, regarded as highly trustworthy, while FXGT.com possesses one Tier-1 license along with one Tier-2 license, which is considered trusted.
FXOpen's longer operational history and higher number of Tier-1 licenses can suggest a more established presence in the market compared to FXGT.com. Despite these differences, both brokers provide options for retail traders looking to engage in financial markets, yet they vary in risk levels and trust ratings. Traders should weigh these factors carefully when choosing a platform, ensuring they align with their personal risk tolerance and investment goals.
| Feature |
FXOpen
|
FXGT.com
|
|---|---|---|
| Year Founded | 2003 | 2019 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 1 |
| Tier-2 Licenses | 0 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 0 | 2 |
Comparing commissions and fees at FXOpen and FXGT.com is tricky because neither broker provides average spread data, which is a key clue to day‑to‑day trading costs. Still, you can gauge pricing by looking at independent ratings and rankings for their overall fee structures.
FXOpen earns 4 out of 5 stars for commissions and fees and ranks 45th out of 63 brokers in the ForexBrokers.com Commissions and Fees category. FXGT.com scores 3.5 out of 5 stars and ranks 57th out of 63. Based on these results, FXOpen appears to offer somewhat more competitive pricing overall, while FXGT.com trails slightly. Because average spreads aren’t published, be sure to check each broker’s current fee schedules, commissions per lot, and any extras such as deposit, withdrawal, or inactivity fees to understand your total trading costs.
| Feature |
FXOpen
|
FXGT.com
|
|---|---|---|
| Minimum Deposit | $100 | $5 |
| Average Spread EUR/USD - Standard | N/A | N/A |
| All-in Cost EUR/USD - Active | N/A | N/A |
| Active Trader or VIP Discounts | Yes | No |
| ACH or SEPA Transfers | No | Yes |
| PayPal (Deposit/Withdraw) | No | No |
| Skrill (Deposit/Withdraw) | Yes | No |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
FXOpen vs FXGT.com: for range of investments, FXGT.com lists more markets overall, with 117 tradeable symbols and 53 forex pairs, while FXOpen offers 87 symbols and 25 pairs. Both support forex trading via CFDs or spot contracts, so you can trade currency price moves without owning the underlying asset.
Beyond forex, the two brokers look similar. Neither offers exchange-traded shares on U.S. or international stock markets, and neither lets you buy actual cryptocurrency. Both provide crypto derivatives and copy trading. Each earns 3/5 stars for Range of Investments on ForexBrokers.com, with FXGT.com ranked 62nd of 63 and FXOpen 63rd—signaling relatively limited product scope overall, though FXGT.com holds a slight edge in market count.
| Feature |
FXOpen
|
FXGT.com
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 87 | 117 |
| Forex Pairs (Total) | 25 | 53 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | No | No |
| Social Trading / Copy Trading | Yes | Yes |
| Cryptocurrency (Physical) | No | No |
| Cryptocurrency (Derivative) | 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). |
Dive deeper: Best Copy Trading Platforms.
FXOpen and FXGT.com both cover the essentials for trading platforms and tools: free demo (paper) accounts, Windows desktop downloads, web-based platforms, and support for MetaTrader 4 (MT4) and MetaTrader 5 (MT5). Each broker supports copy trading and lets you place trades directly from charts. Neither offers a proprietary, in‑house platform or DupliTrade. One clear difference is social trading integrations: FXOpen works with ZuluTrade, while FXGT.com does not.
On charting, FXGT.com lists 23 drawing tools versus 15 at FXOpen; indicator totals aren’t specified for either broker. Watchlists are a bit roomier at FXOpen with seven columns compared to five at FXGT.com. According to ForexBrokers.com, both earn 4 out of 5 stars for Trading Platforms and Tools; out of 63 brokers, FXOpen ranks 54th and FXGT.com 57th. If you want ZuluTrade and more watchlist fields, FXOpen may fit better; if you prefer more drawing tools, FXGT.com could be the pick.
| Feature |
FXOpen
|
FXGT.com
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | No | No |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| DupliTrade | No | No |
| ZuluTrade | Yes | No |
| Charting - Indicators / Studies (Total) | 30 | 37 |
| Charting - Drawing Tools (Total) | 15 | 23 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 5 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
FXOpen and FXGT.com both offer mobile trading apps for iPhone and Android, with price alerts and real-time quote watchlists. Charting is similar on both apps: each supports 30 technical studies, trendline drawing, and multiple time frames (intraday to weekly). The key differences come down to convenience features. FXGT.com syncs watchlists with your online account, so symbols you add on desktop appear on your phone, and its app auto-saves chart drawings. FXOpen does not sync watchlists and does not auto-save drawings, which could matter if you switch devices or revisit charts often.
In overall quality, the FXOpen mobile app earns 4 stars and ranks #55 out of 63 brokers on ForexBrokers.com, while the FXGT.com mobile app holds 3.5 stars and ranks #59. If you value a slightly higher app rating, FXOpen may appeal. If cross-device watchlist syncing and auto-saving chart annotations are priorities, the FXGT.com mobile app offers those extras.
| Feature |
FXOpen
|
FXGT.com
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | No | Yes |
| Mobile Charting - Indicators / Studies | 30 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | No | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
Comparing market research at FXOpen and FXGT.com, FXOpen stands out for daily market commentary and access to forex news from top-tier sources like Bloomberg, Reuters, or Dow Jones, while FXGT.com does not provide these. Both brokers lack research tools from Autochartist and Trading Central. FXGT.com offers a sentiment-based trading tool that shows long/short positioning across instruments, which FXOpen does not. TipRanks availability isn’t specified for either broker. FXGT.com does not offer Acuity Trading tools; FXOpen’s use of Acuity Trading isn’t specified. Both include an economic calendar with upcoming global events.
For ratings, both FXOpen and FXGT.com earn 3 stars for Research. According to ForexBrokers.com, FXGT.com ranks #57 out of 63 brokers for Research, while FXOpen ranks #64 out of 63. In short, choose FXOpen if you want daily insights and mainstream news headlines; pick FXGT.com if a built-in sentiment tool matters more to your trading.
| Feature |
FXOpen
|
FXGT.com
|
|---|---|---|
| Daily Market Commentary | Yes | No |
| Forex News (Top-Tier Sources) | Yes | No |
| Autochartist | No | No |
| Trading Central (Recognia) | No | No |
| Social Sentiment - Currency Pairs | No | Yes |
| TipRanks | ||
| Signal Centre (Acuity Trading) | No | |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
For beginners comparing forex and CFDs education at FXOpen and FXGT.com, both brokers fall short of a structured learning path. Neither meets the threshold of offering at least 10 educational pieces focused on forex or CFDs, and neither runs monthly client webinars or keeps a searchable archive of past sessions. You also won’t find at least 10 beginner videos or advanced videos at either broker. What both do provide is an investor dictionary with 50+ definitions, which can help newcomers quickly look up trading terms.
In independent ratings, FXOpen and FXGT.com each earn 3 stars for Education from ForexBrokers.com. Among 63 brokers, FXOpen ranks #59 and FXGT.com ranks #61, giving FXOpen a slight edge. Overall, their education offerings are quite similar; beginners who want comprehensive lessons, videos, and regular webinars may need to consider other providers with more expansive resources.
| Feature |
FXOpen
|
FXGT.com
|
|---|---|---|
| Education (Forex or CFDs) | No | No |
| Client Webinars | No | No |
| Client Webinars (Archived) | No | No |
| Videos - Beginner Trading Videos | No | No |
| Videos - Advanced Trading Videos | No | No |
| Investor Dictionary (Glossary) | Yes | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that FXOpen is better than FXGT.com. FXOpen finished with an overall rank of #54, while FXGT.com finished with an overall rank of #59.
FXOpen is a long standing MetaTrader broker with a narrow offering and few benefits beyond a standard MetaTrader experience coupled with social-trading platforms ZuluTrade and Myfxbook.
| Feature |
FXOpen
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FXGT.com
|
|---|---|---|
| Overall Rating |
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| Trust Score | 76 | 69 |
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Both FXOpen and FXGT.com do not provide the option to purchase actual delivered cryptocurrency but do offer the ability to trade cryptocurrency derivatives.
FXOpen and FXGT.com both facilitate account transactions using Visa or Mastercard and bank wires, yet differ in other options as FXGT.com exclusively supports ACH or SEPA transfers, while FXOpen alone provides the usage of Skrill for deposits and withdrawals, with neither offering PayPal as a payment method.
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 | FXOpen | FXGT.com | |
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| Trust Score | 76 | 69 | |
| Winner | check_circle | ||
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| Broker Screenshots | FXOpen | FXGT.com | |
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| Regulation | FXOpen | FXGT.com | |
|---|---|---|---|
| Trust Score | 76 | 69 | |
| Year Founded | 2003 | 2019 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 2 | 1 | |
| Tier-2 Licenses | 0 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 0 | 2 |
| Tier-1 Licenses (Highly Trusted) | FXOpen | FXGT.com | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | ||
| Canada (CIRO Authorised) | No | ||
| Hong Kong (SFC Authorised) | No | ||
| Japan (SFC Authorised) | No | ||
| Singapore (MAS Authorised) | No | ||
| Switzerland (FINMA Authorised) | |||
| United Kingdom (U.K.) (FCA Authorised) | Yes | ||
| USA (CFTC Authorized) | No | ||
| New Zealand (FMA Authorised) | No | ||
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes |
| Tier-2 Licenses (Trusted) | FXOpen | FXGT.com | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | No | ||
| South Africa (FSCA Authorised) | No | Yes | |
| UAE (DFSA/Central Bank Authorised) | No | ||
| India (SEBI Authorised) | No | ||
| Jordan (JSC Authorised) |
| Investments | FXOpen | FXGT.com | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 87 | 117 | |
| Forex Pairs (Total) | 25 | 53 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | No | No | |
| Social Trading / Copy Trading | Yes | Yes | |
| Cryptocurrency (Physical) | No | No | |
| Cryptocurrency (Derivative) | 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). |
| Cost | FXOpen | FXGT.com | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | N/A | N/A | |
| All-in Cost EUR/USD - Active | N/A | N/A | |
| Active Trader or VIP Discounts | Yes | No | |
| Inactivity Fee | Yes | No | |
| Execution: Agency Broker | Yes | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | FXOpen | FXGT.com | |
|---|---|---|---|
| Minimum Deposit | $100 | $5 | |
| PayPal (Deposit/Withdraw) | No | No | |
| Skrill (Deposit/Withdraw) | Yes | No | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | No | Yes |
| Trading Platforms | FXOpen | FXGT.com | |
|---|---|---|---|
| Proprietary Platform | No | No | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | Yes | No |
| Trading Tools | FXOpen | FXGT.com | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 7 | 5 | |
| Charting - Indicators / Studies (Total) | 30 | 37 | |
| Charting - Drawing Tools (Total) | 15 | 23 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | FXOpen | FXGT.com | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | No | Yes | |
| Mobile Charting - Indicators / Studies | 30 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | No | Yes | |
| Mobile Economic Calendar | Yes | Yes |
| Research | FXOpen | FXGT.com | |
|---|---|---|---|
| Daily Market Commentary | Yes | No | |
| Forex News (Top-Tier Sources) | Yes | No | |
| Autochartist | No | No | |
| Trading Central (Recognia) | No | No | |
| TipRanks | |||
| Social Sentiment - Currency Pairs | No | Yes | |
| Economic Calendar | Yes | Yes |
| Education | FXOpen | FXGT.com | |
|---|---|---|---|
| Education (Forex or CFDs) | No | No | |
| Client Webinars | No | No | |
| Client Webinars (Archived) | No | No | |
| Videos - Beginner Trading Videos | No | No | |
| Videos - Advanced Trading Videos | No | No | |
| Investor Dictionary (Glossary) | Yes | Yes |
| Major Forex Pairs | FXOpen | FXGT.com | |
|---|---|---|---|
| GBP/USD | Yes | Yes | |
| USD/JPY | Yes | Yes | |
| EUR/USD | Yes | Yes | |
| USD/CHF | Yes | Yes | |
| USD/CAD | Yes | Yes | |
| NZD/USD | Yes | Yes | |
| AUD/USD | Yes | Yes | |
| Review |
| Overall | FXOpen | FXGT.com | |
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| Trust Score | 76 | 69 | |
| Winner | check_circle | ||
| Review |
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