Written by ForexBrokers.com
In this head to head comparison of Markets.com 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 online brokers Markets.com and FXGT.com, a few key differences emerge, especially in terms of their regulatory standings. Founded in 1999, Markets.com has solidified its reputation with a ForexBrokers.com Trust Score of 93 out of 99, indicating a highly trusted status. The broker holds three Tier-1 licenses, confirming its strong regulation and commitment to client security. In contrast, FXGT.com, established two decades later in 2019, has a Trust Score of 69, classified as high risk by ForexBrokers.com. This score reflects its holding just one Tier-1 license, which falls short in comparison. Both brokers are not publicly traded nor do they operate as banks, and each holds an additional Tier-2 license, adding a layer of trust to their operations.
While Markets.com benefits from a longer history and a higher level of trust with more top-tier regulatory licenses, FXGT.com, despite being newer and considered high-risk, provides a starting point for traders exploring options. For those prioritizing trust and regulation, Markets.com's substantial Tier-1 licenses and high Trust Score make it a more secure choice compared to FXGT.com. Nonetheless, individual trader needs and preferences are essential factors in making the best choice between these two brokers.
| Feature |
Markets.com
|
FXGT.com
|
|---|---|---|
| Year Founded | 1999 | 2019 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 3 | 1 |
| Tier-2 Licenses | 1 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 2 |
When comparing commissions and fees, both Markets.com and FXGT.com earn the same rating: 3.5 out of 5 stars. However, Markets.com holds a higher placement in ForexBrokers.com’s Commissions and Fees ranking at #51 out of 63 brokers, while FXGT.com is ranked #57 out of 63. Average spread data is not available for either broker, which makes direct, spread-based cost comparisons difficult.
Because typical spreads aren’t disclosed, traders should review each broker’s live pricing and check for any additional costs, such as account-related charges or funding and withdrawal fees. With equal star ratings but a better category ranking, Markets.com has a slight edge on paper, while FXGT.com remains a comparable option for overall commissions and fees.
| Feature |
Markets.com
|
FXGT.com
|
|---|---|---|
| Minimum Deposit | $100 | $5 |
| Average spread (EUR/USD) - Standard account | N/A | N/A |
| All-in Cost EUR/USD - Active | N/A | N/A |
| Non-wire bank transfer | No | Yes |
| PayPal (Deposit/Withdraw) | ||
| Skrill (Deposit/Withdraw) | ||
| Bank Wire (Deposit/Withdraw) |
Dive deeper: Best Low Spread Forex Brokers.
Markets.com vs FXGT.com: When it comes to range of investments, Markets.com offers far more choice with 2,179 tradeable symbols compared to FXGT.com’s 117. Markets.com also lists 57 forex pairs versus FXGT.com’s 53. Independent ratings reflect this gap: Markets.com scores 4 out of 5 stars and ranks #30 out of 63 brokers for Range of Investments, while FXGT.com earns 3 out of 5 stars and ranks #62.
Both brokers support forex trading (CFD/spot) and offer copy trading. Neither provides access to exchange-traded stocks on U.S. or international exchanges, so you can’t buy actual shares like Apple or Vodafone through them. For crypto, neither broker lets you buy real coins, but both offer cryptocurrency CFDs for trading.
| Feature |
Markets.com
|
FXGT.com
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 2179 | 117 |
| Forex Pairs (Total) | 57 | 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.
Markets.com vs FXGT.com: both brokers let you practice with a free virtual demo account and offer Windows desktop downloads and web-based platforms. Each supports copy trading and gives you access to MetaTrader 4 (MT4) and MetaTrader 5 (MT5). The big difference is platform choice: Markets.com also provides its own proprietary platform, while FXGT.com sticks to third-party options and does not offer an in-house alternative.
When it comes to tools, FXGT.com allows trading directly from a chart, whereas Markets.com does not. Both earn 4 stars for Trading Platforms and Tools, yet their standings differ: Markets.com ranks #27 out of 63 brokers at ForexBrokers.com, while FXGT.com ranks #57. Consider Markets.com if you want an additional broker-built platform alongside MT4/MT5; choose FXGT.com if chart-based order placement is a must-have within your workflow.
| Feature |
Markets.com
|
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) | Yes | Yes |
| Charting - Indicators / Studies (Total) | 89 | 37 |
| Charting - Trade From Chart | No | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Markets.com and FXGT.com both offer iPhone and Android apps, plus price alerts and watchlists that sync between mobile and your online account. Each app lets you draw trendlines. For charting studies, FXGT.com includes 30 technical indicators in its app. Markets.com’s own app does not include built-in studies; however, if you trade through the MT4 app with your Markets.com account, you can use MT4’s standard indicators. FXGT.com also auto-saves chart drawings, while Markets.com does not.
In independent reviews, Markets.com earns 4 stars and ranks #34 out of 63 brokers for Mobile Trading Apps on ForexBrokers.com, while FXGT.com earns 3.5 stars and ranks #59. Choose FXGT.com if in-app indicators and auto-saving drawings are must-haves. Pick Markets.com if a higher overall app rating and ranking matter most, while still getting price alerts, synced watchlists, and core drawing tools.
| Feature |
Markets.com
|
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 | (default on MT4, none on Markets app) | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | No | Yes |
Dive deeper: Best Forex Trading Apps.
Comparing Markets.com vs FXGT.com for market research, Markets.com clearly offers more day-to-day insights. Markets.com publishes daily market commentary and provides forex news from top-tier sources like Bloomberg, Reuters, or Dow Jones, while FXGT.com does not. Both brokers include a sentiment tool that shows long/short positioning and an economic calendar to track upcoming events.
Neither broker offers research tools from Autochartist or Trading Central, and Markets.com does not include TipRanks (FXGT.com’s TipRanks access is not listed). For research quality, Markets.com earns 4 out of 5 stars and ranks #17 of 63 brokers at ForexBrokers.com, whereas FXGT.com scores 3 out of 5 stars and ranks #57. If you want daily commentary and professional news feeds, Markets.com is the stronger pick; if you only need a sentiment read and an economic calendar, FXGT.com may suffice.
| Feature |
Markets.com
|
FXGT.com
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | No |
| Forex News (Top-Tier Sources) | Yes | No |
| Autochartist | No | No |
| Trading Central | No | No |
| Client sentiment data | Yes | Yes |
| TipRanks | No | |
| Acuity Trading | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
For beginners comparing forex and CFDs education, Markets.com offers a clearer path to learn. It runs client webinars at least once a month and provides a sizable video library, including 10+ beginner videos and 10+ advanced videos to help you progress from basics to more complex strategies. By contrast, FXGT.com does not host monthly educational webinars and has fewer than 10 beginner and advanced videos, so its video-based learning is more limited for new traders.
Independent ratings back up this difference. ForexBrokers.com rates Markets.com 4 out of 5 stars for Education and ranks it #34 out of 63 brokers, while FXGT.com earns 3 out of 5 stars and ranks #61. If you want structured, step-by-step learning with regular webinars and deeper video coverage, Markets.com is the stronger fit; FXGT.com may suit those who only need a quick overview or plan to learn from outside sources.
| Feature |
Markets.com
|
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 Markets.com is better than FXGT.com. Markets.com finished with an overall rank of #23, while FXGT.com finished with an overall rank of #59.
Thanks to its web-based MarketsX platform, Markets.com is easy to use and new trader friendly. However, Markets.com is pricey and lacks the feature-rich trading tools required to compete with the best trading platforms.
| Feature |
Markets.com
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FXGT.com
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| Trust Score | 93 | 69 |
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Online brokers Markets.com and FXGT.com do not support buying actual (delivered) cryptocurrency, but both allow traders to speculate via cryptocurrency CFDs.
In the Markets.com vs FXGT.com online broker comparison, FXGT.com supports ACH and SEPA transfers for depositing and withdrawing funds, while Markets.com does not.
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 | Markets.com | FXGT.com | |
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| Trust Score | 93 | 69 | |
| Winner | check_circle | ||
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| Broker Screenshots | Markets.com | FXGT.com | |
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| Broker Gallery (click to expand) |
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| Regulation | Markets.com | FXGT.com | |
|---|---|---|---|
| Trust Score | 93 | 69 | |
| Year Founded | 1999 | 2019 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 3 | 1 | |
| Tier-2 Licenses | 1 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 2 |
| Tier-1 Licenses (Highly Trusted) | Markets.com | FXGT.com | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | ||
| 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) | No | ||
| 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) | Markets.com | FXGT.com | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | No | ||
| South Africa (FSCA Authorised) | Yes | Yes | |
| UAE (DFSA, FSRA, or SCA Authorised) | No | ||
| India (SEBI Authorised) | No | ||
| Jordan (JSC Authorised) |
| Investments | Markets.com | FXGT.com | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 2179 | 117 | |
| Forex Pairs (Total) | 57 | 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 | Markets.com | FXGT.com | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | N/A | N/A | |
| All-in Cost EUR/USD - Active | N/A | N/A | |
| Inactivity Fee | No | No | |
| Order execution: Agency | No | No | |
| Order execution: Market Maker | Yes | Yes |
| Funding | Markets.com | FXGT.com | |
|---|---|---|---|
| Minimum Deposit | $100 | $5 | |
| PayPal (Deposit/Withdraw) | |||
| Skrill (Deposit/Withdraw) | |||
| Bank Wire (Deposit/Withdraw) | |||
| Non-wire bank transfer | No | Yes |
| Trading Platforms | Markets.com | 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) | Yes | Yes | |
| cTrader | No | No |
| Trading Tools | Markets.com | FXGT.com | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | No | Yes | |
| Charting - Indicators / Studies (Total) | 89 | 37 | |
| Charting - Trade From Chart | No | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Markets.com | 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 | (default on MT4, none on Markets app) | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | No | Yes | |
| Mobile Research - Economic Calendar | No | Yes |
| Research | Markets.com | FXGT.com | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | No | |
| Forex News (Top-Tier Sources) | Yes | No | |
| Autochartist | No | No | |
| Trading Central | No | No | |
| TipRanks | No | ||
| Client sentiment data | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | Markets.com | FXGT.com | |
|---|---|---|---|
| Webinars | Yes | No | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | Yes | No |
| Major Forex Pairs | Markets.com | 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 |
| Overall | Markets.com | FXGT.com | |
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| Trust Score | 93 | 69 | |
| Winner | check_circle | ||
| Review |
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