Written by ForexBrokers.com
In this head to head comparison of FXCM 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.
When comparing FXCM and FXGT.com, both online brokers bring different qualities to the table. Founded in 1999, FXCM stands out as a more established entity and is even publicly traded. It boasts a high Trust Score rating of 95 out of 99 from ForexBrokers.com, making it a highly trusted choice. This confidence is backed by 4 Tier-1 licenses and 2 Tier-2 licenses, indicating strong regulatory compliance and oversight. While it is not a bank, FXCM offers traders a reliable platform for forex trading.
On the other hand, FXGT.com, founded in 2019, is a newer player in the industry. Though not publicly traded, it holds 1 Tier-1 and 1 Tier-2 license, which provides a basic level of assurance. However, its Trust Score rating of 69 places it in the high-risk category as per ForexBrokers.com’s ratings. For those considering FXGT.com, it is important to weigh these factors against your own risk tolerance and trading goals. Both brokers serve non-banking roles in the financial markets, offering various options for forex and CFD trading.
| Feature |
FXCM
|
FXGT.com
|
|---|---|---|
| Year Founded | 1999 | 2019 |
| Publicly Traded (Listed) | Yes | No |
| Bank | No | No |
| Tier-1 Licenses | 4 | 1 |
| Tier-2 Licenses | 2 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 0 | 2 |
Comparing commissions and fees, FXCM earns 4.0 out of 5 stars and ranks #25 of 63 brokers for this category on ForexBrokers.com, while FXGT.com earns 3.5 out of 5 stars and ranks #57 of 63. That gap reflects FXCM’s clearer pricing options and potential volume discounts versus FXGT.com’s limited published data.
FXCM’s overall pricing for forex is slightly higher than the industry average, but details matter. In May 2024, average EUR/USD spreads were 0.78 pips for its EU, U.K., and Australia entities, and 1.38 pips for its St. Vincent and the Grenadines entity. Its commission-based account averaged a 0.28-pip core spread (excluding commissions); once you add the commission-equivalent of about 0.50 pips per round-turn, the effective spread is roughly 0.74 pips. FXCM also offers an Active Trader Rebate Program (not available in the U.K. or EU) with five tiers that pay $5–$25 per million traded, starting from at least $10 million in monthly volume. Requirements vary by entity; for example, in the U.K. a $25,000 balance and $50 million monthly volume can drop commissions to $2.50 per side ($5 round-turn), putting the effective spread near 0.78 pips based on a 0.28-pip core. As with most brokers, spreads may widen during rollover or fast markets.
FXGT.com does not publish average spread data, so its day-to-day trading costs are harder to benchmark. Its 3.5-star rating and #57 ranking for commissions and fees suggest it may be less competitive than FXCM in this area. If you value clear, published spreads and the option to reduce costs with volume rebates, FXCM is likely the stronger pick; if you prefer FXGT.com, confirm current spreads, commissions, and any available discounts before you trade.
| Feature |
FXCM
|
FXGT.com
|
|---|---|---|
| Minimum Deposit | Starts from $50 | $5 |
| Average spread (EUR/USD) - Standard account | 0.9 | N/A |
| All-in Cost EUR/USD - Active | 0.8 | N/A |
| Non-wire bank transfer | Yes | Yes |
| PayPal (Deposit/Withdraw) | Yes | |
| Skrill (Deposit/Withdraw) | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes |
Dive deeper: Best Low Spread Forex Brokers.
Comparing FXCM and FXGT.com on range of investments, both brokers offer forex trading as CFDs and spot contracts, plus copy trading. FXCM provides a wider overall selection with 440 tradeable symbols, while FXGT.com lists 117. That said, FXGT.com offers more forex pairs (53) than FXCM (46). Neither broker lets you buy real, exchange-traded shares on U.S. or international stock exchanges. For crypto, both support cryptocurrency CFDs, but neither lets you buy actual coins.
In independent ratings for range of investments, FXCM earns 3.5 out of 5 stars and ranks 48th out of 63 brokers, while FXGT.com scores 3 stars and ranks 62nd. In short: choose FXCM if you want a broader set of instruments overall, or consider FXGT.com if having a slightly larger list of forex pairs is your priority.
| Feature |
FXCM
|
FXGT.com
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 440 | 117 |
| Forex Pairs (Total) | 46 | 53 |
| U.S. Stocks (Shares) | No | No |
| Global Stocks (Non-U.S. Shares) | No | No |
| Copy Trading | Yes | 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.
FXCM and FXGT.com both make it easy to get started with trading platforms and tools. Each offers a free demo account, Windows-based desktop and web platforms, copy trading, MetaTrader 4 (MT4), and the ability to place trades directly from charts. A key difference is platform choice: FXCM provides its own proprietary platform in addition to MT4, while FXGT.com does not have an in-house platform but does support MetaTrader 5 (MT5)—a plus if you want MT5 features alongside MT4.
For overall quality of trading platforms and tools, FXCM is rated 5 stars and ranks #6 out of 63 brokers, while FXGT.com is rated 4 stars and ranks #57. If you value a higher-rated platform lineup and an in-house platform option, FXCM is the stronger pick; if MT5 access matters most, FXGT.com stands out.
| Feature |
FXCM
|
FXGT.com
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | No |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | No | Yes |
| Charting - Indicators / Studies (Total) | 115 | 37 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
FXCM and FXGT.com both check the key boxes for mobile trading. Each broker offers an iPhone app and an Android app, supports price alerts for stocks and forex, and lets you draw trendlines on charts with drawings saved automatically. Watchlists sync between the mobile app and your online account, so changes update across devices—handy for staying on top of markets wherever you are.
Where they differ is charting depth and third-party ratings. FXCM’s mobile app includes 59 technical studies, while FXGT.com offers 30. According to ForexBrokers.com, FXCM earns 4.5 out of 5 stars and ranks #16 of 63 brokers for Mobile Trading Apps, compared with FXGT.com’s 3.5 stars and #59 ranking. If you value more indicators and a higher-rated experience, FXCM has the edge; if you just need core features, both apps deliver the essentials.
| Feature |
FXCM
|
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 | 59 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
FXCM stands out for market research. It offers daily market commentary, forex news from top-tier sources like Bloomberg/Reuters/Dow Jones, Trading Central tools, a sentiment indicator, TipRanks insights, and an easy-to-use economic calendar. It does not include Autochartist or Acuity Trading tools. According to ForexBrokers.com, FXCM earns a 4.5-star Research rating and ranks #11 out of 63 brokers.
FXGT.com covers the basics with a sentiment tool and an economic calendar, but it does not provide daily market commentary, top-tier news feeds, Autochartist, or Trading Central. TipRanks availability is not indicated in the provided data. ForexBrokers.com rates FXGT.com at 3 stars for Research and ranks it #57 out of 63, making FXCM the stronger choice if research is a priority.
| Feature |
FXCM
|
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 | Yes | |
| Acuity Trading | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
Comparing forex and CFD education for beginners, FXCM stands out over FXGT.com. FXCM hosts client webinars at least once a month and offers 10+ beginner videos plus 10+ advanced videos, giving new traders a clear path from basics to more complex topics. Reflecting the depth and consistency of its learning tools, FXCM’s education is rated 4.5 out of 5 stars and ranks #14 out of 63 brokers for Education on ForexBrokers.com.
FXGT.com provides a smaller set of learning materials for newcomers. It does not run monthly educational webinars and does not offer sets of 10+ beginner or advanced videos. Its Education rating is 3 out of 5 stars with a #61 of 63 ranking from ForexBrokers.com. If you want frequent webinars and a larger video library as a new trader, FXCM is the stronger choice; FXGT.com may suit those seeking only a quick introduction.
| Feature |
FXCM
|
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 FXCM is better than FXGT.com. FXCM finished with an overall rank of #15, while FXGT.com finished with an overall rank of #59.
For traders who appreciate advanced trading tools and quality market research, FXCM is a winner, especially for algorithmic trading. Its range of tradeable markets is fairly narrow, however, and the pricing at FXCM is just average.
| Feature |
FXCM
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FXGT.com
|
|---|---|---|
| Overall Rating |
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| Trust Score | 95 | 69 |
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In the FXCM vs FXGT.com comparison, both brokers do not support buying actual (delivered) cryptocurrencies but do offer cryptocurrency CFD trading, enabling traders to speculate on digital asset prices without owning the underlying coins.
Both FXCM and FXGT.com support ACH/SEPA deposits and withdrawals; FXCM also confirms PayPal, Skrill, and bank wires, whereas Visa/Mastercard availability is unspecified for both and FXGT.com’s PayPal, Skrill, and bank wire options are not specified.
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 | FXCM | FXGT.com | |
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| Trust Score | 95 | 69 | |
| Winner | check_circle | ||
| Review | FXCM Review |
| Broker Screenshots | FXCM | FXGT.com | |
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| Regulation | FXCM | FXGT.com | |
|---|---|---|---|
| Trust Score | 95 | 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 | 4 | 1 | |
| Tier-2 Licenses | 2 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 0 | 2 |
| Tier-1 Licenses (Highly Trusted) | FXCM | FXGT.com | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | ||
| Canada (CIRO Authorised) | Yes | ||
| 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) | FXCM | FXGT.com | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | Yes | ||
| South Africa (FSCA Authorised) | Yes | Yes | |
| UAE (DFSA, FSRA, or SCA Authorised) | No | ||
| India (SEBI Authorised) | No | ||
| Jordan (JSC Authorised) |
| Investments | FXCM | FXGT.com | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 440 | 117 | |
| Forex Pairs (Total) | 46 | 53 | |
| U.S. Stocks (Shares) | No | No | |
| Global Stocks (Non-U.S. Shares) | No | No | |
| Copy Trading | Yes | 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 | FXCM | FXGT.com | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | 0.9 | N/A | |
| All-in Cost EUR/USD - Active | 0.8 | N/A | |
| Inactivity Fee | Yes | No | |
| Order execution: Agency | Yes | No | |
| Order execution: Market Maker | Yes | Yes |
| Funding | FXCM | FXGT.com | |
|---|---|---|---|
| Minimum Deposit | Starts from $50 | $5 | |
| PayPal (Deposit/Withdraw) | Yes | ||
| Skrill (Deposit/Withdraw) | Yes | ||
| Bank Wire (Deposit/Withdraw) | Yes | ||
| Non-wire bank transfer | Yes | Yes |
| Trading Platforms | FXCM | FXGT.com | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | No | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | No | Yes | |
| cTrader | No | No |
| Trading Tools | FXCM | FXGT.com | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 115 | 37 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | FXCM | 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 | 59 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | Yes | Yes | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | FXCM | FXGT.com | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | No | |
| Forex News (Top-Tier Sources) | Yes | No | |
| Autochartist | No | No | |
| Trading Central | Yes | No | |
| TipRanks | Yes | ||
| Client sentiment data | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | FXCM | FXGT.com | |
|---|---|---|---|
| Webinars | Yes | No | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | Yes | No |
| Major Forex Pairs | FXCM | 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 | FXCM Review |
| Overall | FXCM | FXGT.com | |
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| Trust Score | 95 | 69 | |
| Winner | check_circle | ||
| Review | FXCM Review |
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