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 | N/A | N/A |
| All-in Cost EUR/USD - Active | N/A | N/A |
| Active Trader or VIP Discounts | Yes | No |
| ACH or SEPA Transfers | No | Yes |
| PayPal (Deposit/Withdraw) | No | 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.
Markets.com vs FXGT.com: When it comes to range of investments, Markets.com offers far more choice. It lists 2,179 tradeable symbols compared with FXGT.com’s 117. Both support forex trading via CFDs/spot contracts, with Markets.com offering 57 currency pairs and FXGT.com close behind at 53. Each broker also supports copy trading.
Neither broker lets you buy exchange-traded shares directly on U.S. or international stock exchanges, and neither sells actual cryptocurrencies; however, both offer crypto derivatives. In independent ratings for Range of Investments, Markets.com earns 4/5 stars and ranks 30th out of 63 brokers, while FXGT.com scores 3/5 stars and ranks 62nd. If breadth matters, Markets.com provides a much wider catalog, while FXGT.com covers the essentials.
| Feature |
Markets.com
|
FXGT.com
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 2179 | 117 |
| Forex Pairs (Total) | 57 | 53 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | No | No |
| Social Trading / Copy Trading | Yes | 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.
Comparing trading platforms and tools, both Markets.com and FXGT.com offer free demo (paper) accounts, Windows desktop downloads, and web-based platforms. Each supports MetaTrader 4 (MT4) and MetaTrader 5 (MT5), along with copy trading. A key difference is that Markets.com provides its own proprietary platform, while FXGT.com does not. Neither broker lists DupliTrade or ZuluTrade among its options.
For charting and workflow, FXGT.com stands out with 23 drawing tools and the ability to trade directly from charts, while Markets.com offers 4 drawing tools and does not support chart trading. Markets.com provides six watchlist columns versus five at FXGT.com. Both brokers are rated 4 out of 5 stars for Trading Platforms and Tools; however, Markets.com ranks #27 out of 63 brokers on ForexBrokers.com, compared with FXGT.com at #57. If you want an in-house platform experience, Markets.com is the pick; if you prefer more drawing tools and chart-based order entry, FXGT.com has the edge.
| Feature |
Markets.com
|
FXGT.com
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | No |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 89 | 37 |
| Charting - Drawing Tools (Total) | 4 | 23 |
| Charting - Trade From Chart | No | Yes |
| Watchlists - Total Fields | 6 | 5 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Markets.com and FXGT.com both check the must-have boxes for mobile trading apps: each offers iPhone and Android apps, price alerts, real-time watchlists, and watchlist syncing between mobile and your online account. If you want a straightforward way to track markets and get notified about moves, either app works. According to ForexBrokers.com, Markets.com earns 4 stars and ranks #34 out of 63 brokers for Mobile Trading Apps, while FXGT.com earns 3.5 stars and ranks #59.
For charting, FXGT.com has the edge on features inside the app: it includes 30 technical indicators, supports multiple time frames (daily, weekly, intraday), lets you draw trendlines, and auto-saves your drawings. Markets.com also supports trendlines, but its app does not offer multiple time frames or auto-save for drawings. As for indicators, the Markets.com app itself doesn’t include them, though you can access the default set if you trade through MT4 via Markets.com. If in-app charting depth matters, FXGT.com is stronger; if you prioritize overall app experience and ratings, Markets.com scores higher.
| Feature |
Markets.com
|
FXGT.com
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | Yes | Yes |
| Mobile Charting - Indicators / Studies | (default on MT4, none on Markets app) | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | No | Yes |
| Mobile Charting - Drawings Autosave | No | Yes |
| Mobile Watchlist | Yes | 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 | Yes | No |
| Forex News (Top-Tier Sources) | Yes | No |
| Autochartist | No | No |
| Trading Central (Recognia) | No | No |
| Social Sentiment - Currency Pairs | Yes | Yes |
| TipRanks | No | |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
If you’re a beginner comparing Markets.com vs FXGT.com for education, Markets.com is the more hands-on choice. While neither broker meets the threshold for a dedicated forex or CFD education library (10+ focused pieces), Markets.com hosts monthly client webinars and offers at least 10 beginner trading videos, with additional advanced videos for later stages. FXGT.com does not run monthly educational webinars and doesn’t match this beginner video catalog; and neither broker provides a searchable archive of past webinars.
FXGT.com does include an investor dictionary with 50+ terms to help you learn the lingo, which Markets.com lacks. Overall, Markets.com earns 4 stars for Education and ranks #34 out of 63, while FXGT.com holds 3 stars and ranks #61. For structured learning through videos and live sessions, Markets.com has the edge; for a quick glossary, FXGT.com fills that gap.
| Feature |
Markets.com
|
FXGT.com
|
|---|---|---|
| Education (Forex or CFDs) | No | No |
| Client Webinars | Yes | No |
| Client Webinars (Archived) | No | No |
| Videos - Beginner Trading Videos | Yes | No |
| Videos - Advanced Trading Videos | Yes | 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 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
|
FXGT.com
|
|---|---|---|
| Overall Rating |
|
|
| Trust Score | 93 | 69 |
| Range of Investments |
|
|
| Commissions & Fees |
|
|
| Platforms & Tools |
|
|
| Research |
|
|
| Mobile Trading |
|
|
| Education |
|
|
Both Markets.com and FXGT.com allow investors to trade cryptocurrency derivatives without providing the option to purchase actual, delivered cryptocurrencies.
When comparing online brokers Markets.com and FXGT.com, it's important to note that while both platforms support Visa, Mastercard, and bank wire transactions, only FXGT.com offers ACH or SEPA transfers, Markets.com exclusively supports Skrill, and neither provides PayPal as an option for depositing or withdrawing funds.
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 | Markets.com | FXGT.com | |
|---|---|---|---|
| Overall Rating |
|
| |
| Commissions & Fees |
|
| |
| Range of Investments |
|
| |
| Platforms & Tools |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 93 | 69 | |
| Winner | check_circle | ||
| Review |
| Broker Screenshots | Markets.com | FXGT.com | |
|---|---|---|---|
| Broker Gallery (click to expand) |
|
| 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/Central Bank 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. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | No | No | |
| Social Trading / Copy Trading | Yes | 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 | Markets.com | 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 | Yes | No | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | No | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | Markets.com | FXGT.com | |
|---|---|---|---|
| Minimum Deposit | $100 | $5 | |
| PayPal (Deposit/Withdraw) | No | 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 | Markets.com | FXGT.com | |
|---|---|---|---|
| Proprietary Platform | Yes | No | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | Markets.com | FXGT.com | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | No | Yes | |
| Watchlists - Total Fields | 6 | 5 | |
| Charting - Indicators / Studies (Total) | 89 | 37 | |
| Charting - Drawing Tools (Total) | 4 | 23 | |
| 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 Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | Yes | Yes | |
| Mobile Charting - Indicators / Studies | (default on MT4, none on Markets app) | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | No | Yes | |
| Mobile Charting - Drawings Autosave | No | Yes | |
| Mobile Economic Calendar | No | Yes |
| Research | Markets.com | FXGT.com | |
|---|---|---|---|
| Daily Market Commentary | Yes | No | |
| Forex News (Top-Tier Sources) | Yes | No | |
| Autochartist | No | No | |
| Trading Central (Recognia) | No | No | |
| TipRanks | No | ||
| Social Sentiment - Currency Pairs | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | Markets.com | FXGT.com | |
|---|---|---|---|
| Education (Forex or CFDs) | No | No | |
| Client Webinars | Yes | No | |
| Client Webinars (Archived) | No | No | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | Yes | No | |
| Investor Dictionary (Glossary) | No | Yes |
| Major Forex Pairs | Markets.com | 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 | ||
| AUD/USD | Yes | Yes | |
| Review |
| Overall | Markets.com | FXGT.com | |
|---|---|---|---|
| Overall Rating |
|
| |
| Commissions & Fees |
|
| |
| Range of Investments |
|
| |
| Platforms & Tools |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 93 | 69 | |
| Winner | check_circle | ||
| Review |
IG
CMC Markets
FOREX.com
XTB
eToro
AvaTrade
Plus500
Pepperstone
FP Markets
Tickmill
