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Home ‣ Compare ‣ Interactive Brokers vs FXGT.com 2025

Interactive Brokers vs FXGT.com 2025

ForexBrokers.com

Written by ForexBrokers.com

February 05, 2025

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

Interactive Brokers
5/5 Stars Overall
  • Minimum Deposit: $0
  • Trust Score: 99
  • Tradeable Symbols (Total): 8500
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

Interactive Brokers and FXGT.com offer distinct attributes when it comes to their regulatory credentials and trust. Founded in 1977, Interactive Brokers stands as a well-established entity with a ForexBrokers.com Trust Score of 99, categorizing it as highly trusted. As a publicly traded company, Interactive Brokers is regulated with 9 Tier-1 licenses and 2 Tier-2 licenses, reflecting a high level of global oversight. Meanwhile, FXGT.com, founded in 2019, is a relatively new player in the industry. It holds a Trust Score of 69, which places it in the high-risk category. Unlike Interactive Brokers, FXGT.com is not publicly traded and holds 1 Tier-1 license along with 1 Tier-2 license.

For those evaluating online brokers, Interactive Brokers may appeal to those prioritizing trust and extensive regulatory coverage, given its longer track record and publicly traded status. Meanwhile, FXGT.com may appeal to users who are exploring newer or different trading platforms, though they may need to weigh the broker's regulatory standing and its associated risks. Understanding these factors can play a crucial role for traders in choosing a suitable platform based on their risk tolerance and preferences.

Feature Interactive Brokers logoInteractive Brokers
FXGT.com logoFXGT.com
Year Founded info 1977 2019
Publicly Traded (Listed) info Yes No
Bank info No No
Tier-1 Licenses info 9 1
Tier-2 Licenses info 2 1
Tier-3 Licenses info 0 0
Tier-4 Licenses info 0 2

Fees

Interactive Brokers earns 5/5 stars and ranks #2 of 63 for Commissions and Fees, while FXGT.com holds 3.5/5 stars and ranks #57 of 63. Direct, apples-to-apples comparisons are tricky because average spread data isn’t broadly published. Still, for Q3 2024 we observed Interactive Brokers’ average EUR/USD spread at 0.19 pips, translating to roughly 0.59 pips all-in after commission. FXGT.com does not provide average spread data.

Interactive Brokers does not mark up spreads; it aggregates prices from 17 banks and charges a commission instead. Commissions start at 0.00002 (0.2 basis points) of the U.S. dollar trade value per side with a $2 minimum per order ($4 round turn), equating to about $16–$40 per million round turn. On a $100,000 EUR/USD trade, that’s roughly 0.40 pips in commission on top of the spread. Note the $2 per-side minimum makes trades under 100,000 units proportionally more expensive. Active traders can unlock discounts (the minimum can fall to $1.50 per order above $1B monthly volume, and to $1 at $5B), and large orders can be handled via RFQ. IBKR Lite and IBKR Pro support forex, but neither is commission-free.

With FXGT.com, the lack of published average spreads means your true cost will hinge on your account type, live quotes, and any commissions or swaps. Based on ratings and rankings alone—Interactive Brokers at 5/5 stars (#2/63) versus FXGT.com at 3.5/5 stars (#57/63)—Interactive Brokers generally has the edge on pricing, though your results will depend on trade size, frequency, and market conditions.

Feature Interactive Brokers logoInteractive Brokers
FXGT.com logoFXGT.com
Minimum Deposit info $0 $5
Average Spread EUR/USD - Standard info 0.59 info N/A info
All-in Cost EUR/USD - Active info 0.65 info N/A info
Active Trader or VIP Discounts info Yes No
ACH or SEPA Transfers info Yes Yes
PayPal (Deposit/Withdraw) info No No
Skrill (Deposit/Withdraw) info No No
Visa/Mastercard (Credit/Debit) info No Yes
Bank Wire (Deposit/Withdraw) info Yes Yes

Dive deeper: Best Low Spread Forex Brokers.

Featured Offers


Range of investments

Interactive Brokers vs FXGT.com: both support forex trading as CFDs or spot contracts, but their product ranges differ widely. Interactive Brokers lists about 8,500 tradeable symbols and 90 forex pairs, and it allows clients to buy exchange-traded securities on U.S. and international exchanges (think Apple on NASDAQ or Vodafone in London). FXGT.com offers 117 symbols and 53 forex pairs, and it does not provide access to exchange-traded U.S. or international shares, focusing instead on CFDs.

There are notable feature differences. FXGT.com supports copy trading, while Interactive Brokers does not. For crypto, Interactive Brokers lets you buy actual cryptocurrency as well as crypto derivatives; FXGT.com offers crypto derivatives only, not delivered coins. Reflecting this coverage, ForexBrokers.com rates Interactive Brokers 5/5 stars for Range of Investments (ranked #1 of 63 brokers) versus FXGT.com at 3/5 stars (ranked #62 of 63). Consider Interactive Brokers if you want a wide selection across markets, or FXGT.com if you prefer copy trading and a simpler lineup.

Feature Interactive Brokers logoInteractive Brokers
FXGT.com logoFXGT.com
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 8500 117
Forex Pairs (Total) info 90 53
U.S. Stock Trading (Non CFD) info Yes No
Int'l Stock Trading (Non CFD) info Yes No
Social Trading / Copy Trading info No Yes
Cryptocurrency (Physical) info Yes 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

Interactive Brokers and FXGT.com both provide paper trading demos, web and Windows desktop platforms, and the ability to place trades directly from charts. Interactive Brokers offers its own in-house platform, while FXGT.com focuses on third‑party options, including MetaTrader 4 (MT4) and MetaTrader 5 (MT5). FXGT.com supports copy trading, whereas Interactive Brokers does not. Neither broker supports DupliTrade or ZuluTrade. For charting, both include technical indicators; Interactive Brokers stands out for drawing tools (85 vs 23) and delivers far more watchlist fields (659 vs 5), giving power users greater control over market monitoring.

For Trading Platforms and Tools, ForexBrokers.com rates Interactive Brokers 5 stars and ranks it #3 out of 63 brokers, while FXGT.com earns 4 stars and ranks #57. Traders who want MetaTrader and copy trading may lean toward FXGT.com, but if you value a feature-rich native platform and extensive watchlist customization, Interactive Brokers is the stronger pick.

Feature Interactive Brokers logoInteractive Brokers
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 No Yes
MetaTrader 4 (MT4) info No Yes
MetaTrader 5 (MT5) info No Yes
DupliTrade info No No
ZuluTrade info No No
Charting - Indicators / Studies (Total) info 155 37
Charting - Drawing Tools (Total) info 85 23
Charting - Trade From Chart info Yes Yes
Watchlists - Total Fields info 659 5

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

Forex trading apps

Interactive Brokers and FXGT.com both deliver capable mobile trading apps for iPhone and Android. Each app supports price alerts, real-time watchlists, and watchlist syncing with your online account so changes carry over between devices. That means you can track stocks and forex pairs on the go, get notified of moves, and keep your symbols organized without extra steps.

For charting, Interactive Brokers offers a wider toolset with 97 technical studies compared to FXGT.com’s 30. Both apps let you draw trendlines and switch among multiple time frames. If saving chart drawings matters, note the difference: FXGT.com auto-saves drawings, while Interactive Brokers does not. In independent evaluations by ForexBrokers.com, Interactive Brokers earns 5 stars and ranks #4 out of 63 brokers for Mobile Trading Apps, whereas FXGT.com scores 3.5 stars and ranks #59. In short, Interactive Brokers suits traders who want deeper charting options, while FXGT.com may appeal if you prefer simpler tools with automatic drawing saves.

Feature Interactive Brokers logoInteractive Brokers
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 Yes Yes
Mobile Charting - Indicators / Studies info 97 30
Mobile Charting - Draw Trendlines info Yes Yes
Mobile Charting - Multiple Time Frames info Yes Yes
Mobile Charting - Drawings Autosave info No Yes
Mobile Watchlist info Yes Yes

Dive deeper: Best Forex Trading Apps.

Market research

Interactive Brokers clearly leads FXGT.com for market research. Interactive Brokers delivers daily market commentary and forex news from top-tier sources such as Bloomberg, Reuters, and Dow Jones. It also includes Trading Central analytics, a sentiment tool, TipRanks research, Acuity Trading (Signal Centre), and a global economic calendar. FXGT.com offers a sentiment tool and an economic calendar, but lacks daily commentary, top-tier news, Trading Central, and Acuity Trading; Autochartist is not available at either broker. TipRanks availability for FXGT.com is not indicated.

For research quality, ForexBrokers.com rates Interactive Brokers 5 out of 5 stars and ranks it #3 out of 63 brokers, while FXGT.com earns 3 out of 5 stars and ranks #57. If rich third-party research and news matter to you, Interactive Brokers is the stronger choice; FXGT.com may suit traders who only need basics like sentiment data and an economic calendar.

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

Dive deeper: Best Brokers for Forex Research.

Beginners and education

Comparing Interactive Brokers vs FXGT.com for beginner education: Interactive Brokers delivers a wide range of forex and CFD learning resources, including 10+ articles, videos, and archived webinars. It hosts client webinars at least monthly and keeps a searchable archive of past sessions. You’ll also find at least 10 beginner videos and 10 advanced videos, plus an investor dictionary with 50+ terms. FXGT.com does not meet the 10-piece threshold for forex/CFD-specific education, does not run monthly webinars, and lacks a searchable webinar archive or 10+ beginner and advanced videos; it does, however, offer an investor dictionary with 50+ terms.

For beginner traders who want structured lessons and ongoing webinars, Interactive Brokers is the stronger choice. ForexBrokers.com rates Interactive Brokers 5 out of 5 stars for Education and ranks it #3 out of 63 brokers, while FXGT.com earns 3 out of 5 stars and ranks #61. If you value videos, webinars, and an easy-to-browse archive, Interactive Brokers clearly has the edge.

Feature Interactive Brokers logoInteractive Brokers
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 Interactive Brokers is better than FXGT.com. Interactive Brokers finished with an overall rank of #2, while FXGT.com finished with an overall rank of #59.

Interactive Brokers is a highly trusted multi-asset broker with an extensive offering of tradeable global markets. It delivers competitive fees and high-quality research and education, as well as a modern, institutional-grade trading platform suite.

Feature Interactive Brokers logoInteractive Brokers
FXGT.com logoFXGT.com
Overall Rating info 5/5 Stars 3.5/5 Stars
Trust Score info 99 69
Range of Investments 5/5 Stars 3/5 Stars
Commissions & Fees 5/5 Stars 3.5/5 Stars
Platforms & Tools 5/5 Stars 4/5 Stars
Research 5/5 Stars 3/5 Stars
Mobile Trading 5/5 Stars 3.5/5 Stars
Education 5/5 Stars 3/5 Stars

FAQs

Can you trade cryptocurrency with Interactive Brokers or FXGT.com?

Interactive Brokers and FXGT.com both provide options for trading cryptocurrency derivatives, but only Interactive Brokers allows clients to purchase actual cryptocurrencies, whereas FXGT.com restricts users to derivatives only.

What funding options does each broker offer?

Interactive Brokers and FXGT.com both support ACH or SEPA transfers and bank wires for account deposits and withdrawals, but neither provides PayPal or Skrill options, with FXGT.com uniquely offering Visa or Mastercard services.

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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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Overall Rating Interactive Brokers FXGT.com
Overall Rating info 5/5 Stars 3.5/5 Stars
Commissions & Fees 5/5 Stars 3.5/5 Stars
Range of Investments 5/5 Stars 3/5 Stars
Platforms & Tools 5/5 Stars 4/5 Stars
Mobile Trading 5/5 Stars 3.5/5 Stars
Research 5/5 Stars 3/5 Stars
Education 5/5 Stars 3/5 Stars
Trust Score info 99 69
Winner check_circle
Review Interactive Brokers Review
Broker Screenshots Interactive Brokers FXGT.com
Broker Gallery (click to expand) info
IBKR mobile watchlist. IBKR Desktop platform charts. Interactive Brokers research Traders Insight daily analysis article detail Interactive Brokers IBKR Podcast video.
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 Interactive Brokers FXGT.com
Trust Score info 99 69
Year Founded info 1977 2019
Publicly Traded (Listed) info Yes No
Bank info No No
Regulated in one or more EU or EEA countries (MiFID). info Yes info Yes info
Tier-1 Licenses info 9 1
Tier-2 Licenses info 2 1
Tier-3 Licenses info 0 0
Tier-4 Licenses info 0 2
Tier-1 Licenses (Highly Trusted) Interactive Brokers FXGT.com
Australia (ASIC Authorised) info Yes
Canada (CIRO Authorised) info Yes
Hong Kong (SFC Authorised) info Yes
Japan (SFC Authorised) info Yes
Singapore (MAS Authorised) info Yes
Switzerland (FINMA Authorised) info Yes
United Kingdom (U.K.) (FCA Authorised) info Yes
USA (CFTC Authorized) info Yes
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) Interactive Brokers FXGT.com
Kenya (CMA Authorised) info
Israel (ISA Authorised) info No
South Africa (FSCA Authorised) info No Yes
UAE (DFSA/Central Bank Authorised) info Yes
India (SEBI Authorised) info Yes
Jordan (JSC Authorised) info
Investments Interactive Brokers FXGT.com
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 8500 117
Forex Pairs (Total) info 90 53
U.S. Stock Trading (Non CFD) info Yes No
Int'l Stock Trading (Non CFD) info Yes No
Social Trading / Copy Trading info No Yes
Cryptocurrency (Physical) info Yes 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 Interactive Brokers FXGT.com
Average Spread EUR/USD - Standard info 0.59 info N/A info
All-in Cost EUR/USD - Active info 0.65 info N/A info
Active Trader or VIP Discounts info Yes No
Inactivity Fee info No No
Execution: Agency Broker info Yes No
Execution: Market Maker info No Yes
Funding Interactive Brokers FXGT.com
Minimum Deposit info $0 $5
PayPal (Deposit/Withdraw) info No No
Skrill (Deposit/Withdraw) info No No
Visa/Mastercard (Credit/Debit) info No Yes
Bank Wire (Deposit/Withdraw) info Yes Yes
ACH or SEPA Transfers info Yes Yes
Trading Platforms Interactive Brokers FXGT.com
Proprietary Platform info Yes No
Desktop Platform (Windows) info Yes Yes
Web Platform info Yes Yes
Social Trading / Copy Trading info No Yes
MetaTrader 4 (MT4) info No Yes
MetaTrader 5 (MT5) info No Yes
cTrader info No No
DupliTrade info No No
ZuluTrade info No No
Trading Tools Interactive Brokers FXGT.com
Virtual Trading (Demo) info Yes Yes
Alerts - Basic Fields info Yes Yes
Watchlists - Total Fields info 659 5
Charting - Indicators / Studies (Total) info 155 37
Charting - Drawing Tools (Total) info 85 23
Charting - Trade From Chart info Yes Yes
Charts can be saved info Yes Yes
Mobile Trading Interactive Brokers 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 Yes Yes
Mobile Charting - Indicators / Studies info 97 30
Mobile Charting - Draw Trendlines info Yes Yes
Mobile Charting - Multiple Time Frames info Yes Yes
Mobile Charting - Drawings Autosave info No Yes
Mobile Economic Calendar info Yes Yes
Research Interactive Brokers FXGT.com
Daily Market Commentary info Yes No
Forex News (Top-Tier Sources) info Yes No
Autochartist info No No
Trading Central (Recognia) info Yes No
TipRanks info Yes
Social Sentiment - Currency Pairs info Yes Yes
Economic Calendar info Yes Yes
Education Interactive Brokers 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 Interactive Brokers 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 Interactive Brokers Review
Overall Interactive Brokers FXGT.com
Overall Rating info 5/5 Stars 3.5/5 Stars
Commissions & Fees 5/5 Stars 3.5/5 Stars
Range of Investments 5/5 Stars 3/5 Stars
Platforms & Tools 5/5 Stars 4/5 Stars
Mobile Trading 5/5 Stars 3.5/5 Stars
Research 5/5 Stars 3/5 Stars
Education 5/5 Stars 3/5 Stars
Trust Score info 99 69
Winner check_circle
Review Interactive Brokers Review
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