Written by ForexBrokers.com
In this head to head comparison of iFOREX 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.
iFOREX, established in 1996, and FXGT.com, founded more recently in 2019, both operate as online brokers. Neither of them is publicly traded or functions as a bank. In terms of regulation, both iFOREX and FXGT.com hold a Tier-1 license, which is highly trusted. However, while iFOREX does not have any additional licenses, FXGT.com holds one Tier-2 license that contributes to its regulatory credentials.
When assessed by ForexBrokers.com for their Trust Score, iFOREX scores a 75, indicating they are of average risk, whereas FXGT.com scores 69, suggesting they are considered a higher risk. This difference in trust ratings could be an essential consideration for individuals seeking a stable trading platform. Overall, each broker provides different experiences and levels of regulatory assurance to its users.
| Feature |
iFOREX
|
FXGT.com
|
|---|---|---|
| Year Founded | 1996 | 2019 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 1 | 1 |
| Tier-2 Licenses | 0 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 2 |
Comparing commissions and fees at iFOREX and FXGT.com is challenging because neither broker provides average spread data. Without typical spreads, it’s harder to estimate day-to-day trading costs. If you’re cost-conscious, consider checking each broker’s live prices, swap rates, and any deposit/withdrawal or inactivity fees to get a fuller picture of potential costs beyond just spreads.
Based on ForexBrokers.com’s Commissions and Fees category, FXGT.com edges out iFOREX. FXGT.com holds a 3.5 out of 5 star rating and ranks #57 out of 63 brokers, while iFOREX earns 3 out of 5 stars and ranks #62 out of 63. In short, both are mid-to-lower tier for pricing, with FXGT.com rated slightly better overall.
| Feature |
iFOREX
|
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 | No | No |
| ACH or SEPA Transfers | No | Yes |
| PayPal (Deposit/Withdraw) | Yes | 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.
When it comes to the range of investments, iFOREX offers 750 tradeable symbols and 88 forex pairs, compared with FXGT.com’s 117 symbols and 53 forex pairs. Both brokers support forex trading as CFDs or spot contracts and offer cryptocurrency derivatives, but neither lets you buy actual cryptocurrencies. Likewise, neither firm provides direct access to exchange-traded stocks on U.S. or international exchanges.
If you want more markets to choose from, iFOREX has the broader lineup, while FXGT.com appeals to traders who want copy trading. For Range of Investments, ForexBrokers.com rates iFOREX at 3.5/5 (ranked 42 of 63) and FXGT.com at 3/5 (ranked 62 of 63).
| Feature |
iFOREX
|
FXGT.com
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 750 | 117 |
| Forex Pairs (Total) | 88 | 53 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | No | No |
| Social Trading / Copy Trading | No | 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). | 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.
iFOREX and FXGT.com both offer web-based trading and let you place trades straight from charts, but they differ in several practical ways. FXGT.com provides a free demo account for paper trading, while iFOREX does not. iFOREX uses its own in‑house platform and does not support MetaTrader, whereas FXGT.com sticks to third‑party platforms and offers both MT4 and MT5 along with a Windows desktop app. If you want copy trading, FXGT.com has it; iFOREX does not. Neither broker lists ZuluTrade, and DupliTrade wasn’t specified for either.
For watchlists, iFOREX offers nine data fields versus five at FXGT.com, which may appeal if you like more on-screen details. Details about the number of built-in indicators and drawing tools weren’t specified for either broker. Both earn 4 out of 5 stars for Trading Platforms and Tools, with iFOREX ranked 55th out of 63 brokers and FXGT.com close behind at 57th. Choose iFOREX if you prefer a proprietary web platform and richer watchlist fields, or go with FXGT.com if you want a demo account, MT4/MT5, a Windows desktop option, and copy trading.
| Feature |
iFOREX
|
FXGT.com
|
|---|---|---|
| Virtual Trading (Demo) | No | Yes |
| Proprietary Desktop Trading Platform | Yes | No |
| Desktop Platform (Windows) | No | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | No | Yes |
| MetaTrader 4 (MT4) | No | Yes |
| MetaTrader 5 (MT5) | No | Yes |
| DupliTrade [DELETED] | ||
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 57 | 37 |
| Charting - Drawing Tools (Total) [DELETED] | ||
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 9 | 5 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Both the iFOREX mobile app and the FXGT.com mobile app are available for iPhone and Android. The key differences come down to tools. FXGT.com offers price alerts, synced watchlists that match your online account, real-time watchlists, and stronger charting: 30 technical studies, trendline drawing, multiple time frames (intraday to weekly), and auto‑saved drawings. iFOREX does not offer these features.
Third-party scores tell a slightly different story. For Mobile Trading Apps on ForexBrokers.com, iFOREX is rated 4 stars and ranked #56 out of 63 brokers, while FXGT.com is rated 3.5 stars and ranked #59. If you want on-the-go alerts and deeper mobile charting, FXGT.com fits well. If you prefer a simpler experience with a slightly higher star rating, iFOREX may appeal.
| Feature |
iFOREX
|
FXGT.com
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | No | Yes |
| Watchlist Syncing | No | Yes |
| Mobile Charting - Indicators / Studies | N/A | 30 |
| Mobile Charting - Draw Trendlines | No | Yes |
| Mobile Charting - Multiple Time Frames | No | Yes |
| Mobile Charting - Drawings Autosave | No | Yes |
| Mobile Watchlist | No | Yes |
Dive deeper: Best Forex Trading Apps.
Comparing market research at iFOREX vs FXGT.com: iFOREX stands out with daily market commentary and access to Trading Central’s analysis tools, while FXGT.com does not provide daily commentary and lacks Trading Central. Both brokers offer a sentiment tool showing long/short ratios and an economic calendar. Neither broker streams forex news from top-tier sources like Bloomberg or Reuters, and neither includes Autochartist. FXGT.com does not list Acuity Trading tools; availability of TipRanks or Acuity tools for iFOREX is not specified.
For ratings, iFOREX scores 3.5/5 for research and is ranked #49 out of 63 brokers by ForexBrokers.com, while FXGT.com scores 3/5 and ranks #57. If you want daily commentary and Trading Central insights, iFOREX has the edge. If you only need basics like sentiment data and a calendar, both brokers cover those needs.
| Feature |
iFOREX
|
FXGT.com
|
|---|---|---|
| Daily Market Commentary | Yes | No |
| Forex News (Top-Tier Sources) | No | No |
| Autochartist | No | No |
| Trading Central (Recognia) | Yes | No |
| Client sentiment data | Yes | Yes |
| TipRanks | ||
| Signal Centre (Acuity Trading) | No | |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
For beginner traders comparing forex and CFD education, both iFOREX and FXGT.com fall short of offering a full library of at least 10 forex/CFD-focused pieces, and neither runs monthly client webinars or keeps a searchable webinar archive. The key difference is video content: iFOREX provides at least 10 beginner-friendly trading videos, while FXGT.com does not. On the flip side, FXGT.com offers an investor dictionary with 50+ definitions to help newcomers learn key terms, which iFOREX lacks. Neither broker delivers a set of 10+ advanced videos for experienced traders.
In independent ratings, iFOREX scores 3.5 out of 5 stars for Education (ranked 53rd of 63 brokers), edging out FXGT.com’s 3 stars (ranked 61st). If you learn best through structured beginner videos, iFOREX has the advantage. If you prefer looking up definitions as you go, FXGT.com’s glossary may help. Just note that neither broker currently provides ongoing educational webinars or a large, searchable education hub focused strictly on forex and CFDs.
| Feature |
iFOREX
|
FXGT.com
|
|---|---|---|
| Education (Forex or CFDs) | No | No |
| Client Webinars | No | No |
| Client Webinars (Archived) | No | No |
| Videos - Beginner Trading Videos | Yes | No |
| Videos - Advanced Trading Videos | No | No |
| Investor Dictionary (Glossary) | No | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that iFOREX is better than FXGT.com. iFOREX finished with an overall rank of #52, while FXGT.com finished with an overall rank of #59.
iFOREX is operated by a long-standing company, previously known as Vestle, with regulatory status in a growing number of jurisdictions, offering forex and CFDs through its proprietary platform. The biggest drawback is the lack of markets you can trade with fewer than 200, compared to the best multi asset forex and CFD brokers.
| Feature |
iFOREX
|
FXGT.com
|
|---|---|---|
| Overall Rating |
|
|
| Trust Score | 75 | 69 |
| Range of Investments |
|
|
| Commissions & Fees |
|
|
| Platforms & Tools |
|
|
| Research |
|
|
| Mobile Trading |
|
|
| Education |
|
|
Both iFOREX and FXGT.com do not offer the ability to buy actual, delivered cryptocurrency, but they do provide options to trade cryptocurrency derivatives.
When comparing online brokers iFOREX and FXGT.com, iFOREX supports PayPal, Skrill, Visa/Mastercard, and bank wire transactions, but lacks ACH or SEPA transfer options, while FXGT.com offers ACH and SEPA transfers along with Visa/Mastercard and bank wire options, but does not support PayPal or Skrill.
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.
Select Brokers
↓×Compare
0 of 5| Overall Rating | iFOREX | FXGT.com | |
|---|---|---|---|
| Overall Rating |
|
| |
| Commissions & Fees |
|
| |
| Range of Investments |
|
| |
| Platforms & Tools |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 75 | 69 | |
| Winner | check_circle | ||
| Review |
| Broker Screenshots | iFOREX | FXGT.com | |
|---|---|---|---|
| Broker Gallery (click to expand) |
|
| Regulation | iFOREX | FXGT.com | |
|---|---|---|---|
| Trust Score | 75 | 69 | |
| Year Founded | 1996 | 2019 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 1 | 1 | |
| Tier-2 Licenses | 0 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 2 |
| Tier-1 Licenses (Highly Trusted) | iFOREX | 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) | iFOREX | FXGT.com | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | No | ||
| South Africa (FSCA Authorised) | No | Yes | |
| UAE (DFSA, FSRA, or SCA Authorised) | No | ||
| India (SEBI Authorised) | No | ||
| Jordan (JSC Authorised) |
| Investments | iFOREX | FXGT.com | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 750 | 117 | |
| Forex Pairs (Total) | 88 | 53 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | No | No | |
| Social Trading / Copy Trading | No | 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). | 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 | iFOREX | 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 | No | No | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | No | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | iFOREX | FXGT.com | |
|---|---|---|---|
| Minimum Deposit | $100 | $5 | |
| PayPal (Deposit/Withdraw) | Yes | 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 | iFOREX | FXGT.com | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | No | |
| Desktop Platform (Windows) | No | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | No | Yes | |
| MetaTrader 4 (MT4) | No | Yes | |
| MetaTrader 5 (MT5) | No | Yes | |
| cTrader | No | No | |
| DupliTrade [DELETED] | |||
| ZuluTrade | No | No |
| Trading Tools | iFOREX | FXGT.com | |
|---|---|---|---|
| Virtual Trading (Demo) | No | Yes | |
| Alerts - Basic Fields | No | Yes | |
| Watchlists - Total Fields | 9 | 5 | |
| Charting - Indicators / Studies (Total) | 57 | 37 | |
| Charting - Drawing Tools (Total) [DELETED] | |||
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | No | Yes |
| Mobile Trading | iFOREX | FXGT.com | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | No | Yes | |
| Mobile Watchlist | No | Yes | |
| Watchlist Syncing | No | Yes | |
| Mobile Charting - Indicators / Studies | N/A | 30 | |
| Mobile Charting - Draw Trendlines | No | Yes | |
| Mobile Charting - Multiple Time Frames | No | Yes | |
| Mobile Charting - Drawings Autosave | No | Yes | |
| Mobile Economic Calendar | No | Yes |
| Research | iFOREX | FXGT.com | |
|---|---|---|---|
| Daily Market Commentary | Yes | No | |
| Forex News (Top-Tier Sources) | No | No | |
| Autochartist | No | No | |
| Trading Central (Recognia) | Yes | No | |
| TipRanks | |||
| Client sentiment data | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | iFOREX | FXGT.com | |
|---|---|---|---|
| Education (Forex or CFDs) | No | No | |
| Client Webinars | No | No | |
| Client Webinars (Archived) | No | No | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | No | No | |
| Investor Dictionary (Glossary) | No | Yes |
| Major Forex Pairs | iFOREX | 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 | iFOREX | FXGT.com | |
|---|---|---|---|
| Overall Rating |
|
| |
| Commissions & Fees |
|
| |
| Range of Investments |
|
| |
| Platforms & Tools |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 75 | 69 | |
| Winner | check_circle | ||
| Review |
IG
CMC Markets
FOREX.com
XTB
eToro
AvaTrade
Plus500
Pepperstone
FP Markets
Tickmill
