Interactive Brokers vs FXGT.com 2025

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	FXGT.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	FXGT.com
Minimum Deposit info	$0	$5
Average spread (EUR/USD) - Standard account info	0.59 info	N/A info
All-in Cost EUR/USD - Active info	0.65 info	N/A info
Non-wire bank transfer info	Yes	Yes
PayPal (Deposit/Withdraw) info	No
Skrill (Deposit/Withdraw) info	No
Bank Wire (Deposit/Withdraw) info	Yes

Dive deeper: Best Low Spread Forex Brokers.

Range of investments

Interactive Brokers vs FXGT.com: for range of investments, Interactive Brokers clearly covers more ground. It lists about 8,500 tradeable symbols compared to FXGT.com’s 117, and 90 forex pairs versus 53. Both brokers let you trade forex (as CFDs or spot, depending on your location and account). Independent ratings reflect the gap: Interactive Brokers earns 5 stars and ranks #1 out of 63 brokers for Range of Investments, while FXGT.com earns 3 stars and ranks #62.

Interactive Brokers also lets you buy exchange-traded stocks and ETFs on U.S. and international exchanges (for example, Apple on NASDAQ or Vodafone in London). FXGT.com does not offer direct, exchange-traded stocks, focusing instead on CFDs. For crypto, Interactive Brokers supports both actual coins and crypto CFDs, while FXGT.com offers crypto CFDs only. One area where FXGT.com adds appeal is copy trading, which Interactive Brokers does not provide. If you want wide market access and many instruments, Interactive Brokers stands out; if you prefer CFD trading with copy trading tools, FXGT.com may fit.

Feature	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. Stocks (Shares) info	Yes	No
Global Stocks (Non-U.S. Shares) info	Yes	No
Copy Trading info	No	Yes
Cryptocurrency (Underlying) info	Yes	No
Cryptocurrency (CFDs) 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 vs FXGT.com: both brokers provide free paper trading (demo accounts), Windows desktop platforms, web-based platforms, and the ability to place trades directly from charts. Interactive Brokers offers a proprietary, in-house platform, while FXGT.com does not. If you need MetaTrader or social features, FXGT.com supports MetaTrader 4 (MT4), MetaTrader 5 (MT5), and copy trading; Interactive Brokers does not support MT4/MT5 and does not offer copy trading.

For platform quality, Interactive Brokers earns 5 stars and ranks #3 out of 63 brokers in ForexBrokers.com’s Trading Platforms and Tools category, while FXGT.com earns 4 stars and ranks #57. Choose Interactive Brokers for a higher-rated, proprietary platform experience, or go with FXGT.com if MT4/MT5 and built-in copy trading are priorities.

Feature	Interactive Brokers	FXGT.com
Virtual Trading (Demo) info	Yes	Yes
Proprietary Desktop Trading Platform info	Yes	No
Desktop Platform (Windows) info	Yes	Yes
Web Platform info	Yes	Yes
Copy Trading info	No	Yes
MetaTrader 4 (MT4) info	No	Yes
MetaTrader 5 (MT5) info	No	Yes
Charting - Indicators / Studies (Total) info	155	37
Charting - Trade From Chart info	Yes	Yes

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

Forex trading apps

Interactive Brokers and FXGT.com both offer mobile trading apps for iPhone and Android. Each app supports stock and forex price alerts and keeps your watchlists in sync across mobile and your online account. You can draw trendlines on charts with either app, making it easy to track setups while on the go.

The key differences are charting depth and review scores. Interactive Brokers provides 97 technical studies in its mobile app, while FXGT.com offers 30. FXGT.com auto-saves chart drawings, but Interactive Brokers does not. According to ForexBrokers.com, Interactive Brokers is rated 5 stars and ranked #4 out of 63 for Mobile Trading Apps, whereas FXGT.com is rated 3.5 stars and ranked #59. Pick Interactive Brokers if you want more indicators and a higher-rated experience; choose FXGT.com if auto-saving chart drawings is a priority and a simpler toolset suits your needs.

Feature	Interactive Brokers	FXGT.com
Android App info	Yes	Yes
Apple iOS App info	Yes	Yes
Mobile Price Alerts info	Yes	Yes
Mobile Watchlists - Syncing info	Yes	Yes
Mobile Charting - Indicators / Studies info	97	30
Mobile Charting - Draw Trendlines info	Yes	Yes
Mobile Charting - Trendlines Autosave info	No	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	FXGT.com
Daily Market Commentary (Articles) info	Yes	No
Forex News (Top-Tier Sources) info	Yes	No
Autochartist info	No	No
Trading Central info	Yes	No
Client sentiment data info	Yes	Yes
TipRanks info	Yes
Acuity Trading info	Yes	No
Economic Calendar info	Yes	Yes

Dive deeper: Best Brokers for Forex Research.

Beginners and education

For beginners searching for forex and CFD education, Interactive Brokers stands out over FXGT.com. Interactive Brokers runs ongoing client webinars (at least monthly) and offers 10+ beginner videos plus 10+ advanced videos, giving new traders a clear path from basics to more complex topics. FXGT.com does not host monthly webinars and does not meet the 10+ video threshold for either beginner or advanced lessons, which limits depth for self-guided learning.

These differences show up in independent reviews: Interactive Brokers earns 5 stars for Education and ranks #3 out of 63 brokers at ForexBrokers.com, while FXGT.com holds 3 stars and ranks #61. If you want steady webinars and a sizable video library to build forex and CFD skills from the ground up, Interactive Brokers is the stronger education pick; if you only need light materials, FXGT.com may still fit your needs.

Feature	Interactive Brokers	FXGT.com
Webinars info	Yes	No
Videos - Beginner Trading Videos info	Yes	No
Videos - Advanced Trading Videos info	Yes	No

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	FXGT.com
Overall Rating info
Trust Score info	99	69
Range of Investments
Commissions & Fees
Platforms & Tools
Research
Mobile Trading
Education

FAQs

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Overall Rating	Interactive Brokers	FXGT.com
Overall Rating info
Commissions & Fees
Range of Investments
Platforms & Tools
Mobile Trading
Research
Education
Trust Score info	99	69
Winner	check_circle
Review	Interactive Brokers Review

Broker Screenshots	Interactive Brokers	FXGT.com
Broker Gallery (click to expand) info

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, FSRA, or SCA 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. Stocks (Shares) info	Yes	No
Global Stocks (Non-U.S. Shares) info	Yes	No
Copy Trading info	No	Yes
Cryptocurrency (Underlying) info	Yes	No
Cryptocurrency (CFDs) 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 account info	0.59 info	N/A info
All-in Cost EUR/USD - Active info	0.65 info	N/A info
Inactivity Fee info	No	No
Order execution: Agency info	Yes	No
Order execution: Market Maker info	No	Yes

Funding	Interactive Brokers	FXGT.com
Minimum Deposit info	$0	$5
PayPal (Deposit/Withdraw) info	No
Skrill (Deposit/Withdraw) info	No
Bank Wire (Deposit/Withdraw) info	Yes
Non-wire bank transfer info	Yes	Yes

Trading Platforms	Interactive Brokers	FXGT.com
Proprietary Desktop Trading Platform info	Yes	No
Desktop Platform (Windows) info	Yes	Yes
Web Platform info	Yes	Yes
Copy Trading info	No	Yes
MetaTrader 4 (MT4) info	No	Yes
MetaTrader 5 (MT5) info	No	Yes
cTrader info	No	No

Trading Tools	Interactive Brokers	FXGT.com
Virtual Trading (Demo) info	Yes	Yes
Price Alerts info	Yes	Yes
Charting - Indicators / Studies (Total) info	155	37
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 Price Alerts info	Yes	Yes
Mobile Watchlist [DELETED] info
Mobile Watchlists - Syncing info	Yes	Yes
Mobile Charting - Indicators / Studies info	97	30
Mobile Charting - Draw Trendlines info	Yes	Yes
Mobile Charting - Trendlines Autosave info	No	Yes
Mobile Research - Economic Calendar info	Yes	Yes

Research	Interactive Brokers	FXGT.com
Daily Market Commentary (Articles) info	Yes	No
Forex News (Top-Tier Sources) info	Yes	No
Autochartist info	No	No
Trading Central info	Yes	No
TipRanks info	Yes
Client sentiment data info	Yes	Yes
Economic Calendar info	Yes	Yes

Education	Interactive Brokers	FXGT.com
Webinars info	Yes	No
Videos - Beginner Trading Videos info	Yes	No
Videos - Advanced Trading Videos info	Yes	No

Major Forex Pairs	Interactive Brokers	FXGT.com
GBP/USD [DELETED] info
USD/JPY [DELETED] info
EUR/USD info	Yes	Yes
USD/CHF [DELETED] info
USD/CAD [DELETED] info
NZD/USD [DELETED] info
AUD/USD [DELETED] info
Review	Interactive Brokers Review

Overall	Interactive Brokers	FXGT.com
Overall Rating info
Commissions & Fees
Range of Investments
Platforms & Tools
Mobile Trading
Research
Education
Trust Score info	99	69
Winner	check_circle
Review	Interactive Brokers Review