Written by ForexBrokers.com
In this head to head comparison of Alpari 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.
Alpari and FXGT.com are both online brokers operating without being publicly traded or functioning as banks. Alpari, established in 1998, and FXGT.com, founded in 2019, differ in their regulatory standings. According to ForexBrokers.com, Alpari holds no Tier-1 or Tier-2 licenses, while FXGT.com is backed by one of each, indicating a more trusted regulatory status.
When it comes to trust scores provided by ForexBrokers.com, which rates brokers based on their perceived risk to traders, Alpari scores a 68. This places it in the high-risk category. FXGT.com, on the other hand, achieves a slightly higher score of 69, though it remains within the same high-risk bracket. These scores reflect the perceived trustworthiness and overall risk factors associated with each broker.
| Feature |
Alpari
|
FXGT.com
|
|---|---|---|
| Year Founded | 1998 | 2019 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 0 | 1 |
| Tier-2 Licenses | 0 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 2 |
When comparing the commissions and fees of online brokers Alpari and FXGT.com, Alpari earns a higher rating with 4 out of 5 stars. This places them at the 41st position out of 62 brokers in the Commissions and Fees category, according to ForexBrokers.com. Unfortunately, specific average spread data is not available for Alpari, making it difficult to provide detailed comparisons on this aspect. However, their favorable rating suggests a competitive fee structure that could be appealing to traders.
On the other hand, FXGT.com is rated slightly lower with 3.5 out of 5 stars for their commissions and fees. They stand at the 55th rank among 62 brokers in the same category. As with Alpari, the average spread data for FXGT.com is not provided, yet the lower ranking might indicate a fee structure less attractive to price-sensitive traders.
In summary, Alpari seems to offer a more cost-effective experience than FXGT.com, based on the available ratings and rankings. Traders looking for competitive pricing might find Alpari’s offerings more favorable, though both brokers have room for improvement in terms of transparency, given the lack of specific spread data.
| Feature |
Alpari
|
FXGT.com
|
|---|---|---|
| Minimum Deposit | $20 | $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.
Alpari and FXGT.com both provide opportunities for forex trading through CFDs and spot contracts. When it comes to the variety of tradeable symbols, FXGT.com has a slight edge with 117 options compared to Alpari's 105. For those keen on forex pairs, FXGT.com also offers a few more options, with 53 pairs against Alpari's 46. However, Alpari stands out by providing access to exchange-traded securities on international exchanges such as buying shares of companies like Vodafone, which FXGT.com does not offer.
Both Alpari and FXGT.com allow for copy trading, giving investors the chance to mirror the trades of experienced traders. While neither platform provides the option to buy actual cryptocurrencies, they do offer cryptocurrency derivatives for those interested in crypto trading. Despite these similarities and differences, both Alpari and FXGT.com receive a rating of three stars for their range of investments and rank near the bottom of the list by ForexBrokers.com, with Alpari at #62 and FXGT.com slightly ahead at #60 out of 62 brokers.
| Feature |
Alpari
|
FXGT.com
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 105 | 117 |
| Forex Pairs (Total) | 46 | 53 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | Yes | 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.
Alpari and FXGT.com both provide traders with free virtual demo accounts, making it easier to practice and hone skills without financial risk. While both brokers support popular trading platforms like MetaTrader 4 and MetaTrader 5, Alpari sets itself apart by offering a proprietary trading platform developed in-house. Both brokers also provide Windows-based desktop platforms and web-based platforms. However, when comparing available drawing tools for charting, FXGT.com offers more variety with 23 options compared to Alpari's 15. Despite this difference, both platforms allow users to trade directly from stock charts, enhancing the overall trading experience.
In terms of watch list customization, Alpari offers more flexibility with seven columns compared to FXGT.com's five. Both brokers support copy trading but do not offer third-party platforms like DupliTrade or ZuluTrade. In terms of rankings and ratings, both Alpari and FXGT.com receive a solid 4-star rating for their trading platforms and tools. However, Alpari is slightly ahead in rank, positioned at #55, compared to FXGT.com's #56 out of 62 brokers, according to ForexBrokers.com. Both brokers provide reliable tools for traders, catering to a range of preferences and needs.
| Feature |
Alpari
|
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) | 30 | 37 |
| Charting - Drawing Tools (Total) | 15 | 23 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 5 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When comparing the mobile trading apps of Alpari and FXGT.com, both brokers offer iPhone and Android apps that cater to forex enthusiasts. Users on both platforms can set up stock or forex price alerts to stay informed. However, a notable difference is that FXGT.com provides watchlist symbol syncing, allowing users' watchlists to remain consistent across both the mobile app and online account, a feature not available with Alpari. Both platforms offer 30 technical studies for charting, and users can draw trendlines and view various time frames such as daily or weekly on their charts.
In terms of additional features, FXGT.com stands out by automatically saving chart drawings, a convenience Alpari does not offer. Both brokers allow the creation of watchlists with real-time quotes to enhance trading efficiency. When rated for mobile trading apps, Alpari edges out with a 4-star rating compared to FXGT.com's 3.5 stars. Among 62 brokers, Alpari is ranked #56 while FXGT.com follows closely at #58, reflecting slight differences in user satisfaction and app functionality.
| Feature |
Alpari
|
FXGT.com
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | No | Yes |
| Mobile Charting - Indicators / Studies | 30 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | No | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When comparing the market research offerings of Alpari and FXGT.com, both brokers provide a mix of tools and information, with some notable differences. Alpari stands out by offering forex news from top-tier sources such as Bloomberg and Reuters, as well as technical analysis tools from Autochartist, which can be valuable for traders looking for in-depth insights. On the other hand, FXGT.com offers a sentiment-based trading tool that gives traders a glimpse into the market's long or short positions, which Alpari lacks. Both brokers provide an economic calendar that helps traders stay informed about global news events.
Despite these differences in market research features, both Alpari and FXGT.com share the same research rating of three stars, indicating a median level of satisfaction among users. In rankings conducted by ForexBrokers.com, FXGT.com has a slight edge, being ranked 56th out of 62 brokers compared to Alpari’s 57th position. This suggests that while both brokers have room for improvement in their research offerings, FXGT.com slightly outperforms Alpari in this area according to user rankings.
| Feature |
Alpari
|
FXGT.com
|
|---|---|---|
| Daily Market Commentary | No | No |
| Forex News (Top-Tier Sources) | Yes | No |
| Autochartist | Yes | No |
| Trading Central (Recognia) | No | No |
| Social Sentiment - Currency Pairs | No | Yes |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When comparing the educational resources available for beginners, Alpari stands out against FXGT.com in a few key areas. Alpari offers a collection of over 10 educational pieces, including articles and videos, focusing on forex and CFDs. This makes it a useful resource for newcomers looking to gain foundational knowledge. In addition, Alpari provides at least 10 beginner-focused videos, which can be particularly helpful for those just getting started with trading. Alpari also includes an investor dictionary with over 50 terms, making it easier for beginners to understand complex trading jargon. Despite these offerings, Alpari does not conduct monthly webinars or provide advanced educational videos.
On the other hand, FXGT.com offers educational content but falls short by not providing a minimum of 10 forex or CFDs educational materials. Like Alpari, FXGT.com includes a dictionary with definitions of over 50 investing terms, aiding users in understanding basic trading terminology. However, the lack of beginner-focused videos remains a gap in their educational lineup. Both brokers do not offer monthly webinars or archives of past webinars, and neither excels in providing resources for advanced traders. Rated equally with 3 stars for education, Alpari ranks higher at #48, while FXGT.com lags behind at #59 out of 62 brokers reviewed by ForexBrokers.com.
| Feature |
Alpari
|
FXGT.com
|
|---|---|---|
| Education (Forex or CFDs) | Yes | 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) | Yes | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 62 of the best forex brokers, our research and account testing finds that Alpari is better than FXGT.com. Alpari finished with an overall rank of #57, while FXGT.com finished with an overall rank of #58.
Alpari is one of the first brokers to offer the MetaTrader platform glopbally before it became popular. The Alpari group of companies are regulated only in a few jurisdictions, putting the broker at a disadvantage compared to the most trusted brokers.
| Feature |
Alpari
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FXGT.com
|
|---|---|---|
| Overall Rating |
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| Trust Score | 68 | 69 |
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Both Alpari and FXGT.com do not provide the option to purchase actual delivered cryptocurrency, but they each offer the ability to trade cryptocurrency derivatives rather than the actual cryptocurrencies themselves.
When comparing the online brokers Alpari and FXGT.com, Alpari supports Skrill and both Visa or Mastercard, while FXGT.com offers ACH or SEPA transfers along with Visa or Mastercard, with both brokers facilitating transactions through bank wires but neither offering PayPal as an option.
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 | Alpari | FXGT.com | |
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| Trust Score | 68 | 69 | |
| Winner | check_circle | ||
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| Broker Screenshots | Alpari | FXGT.com | |
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| Regulation | Alpari | FXGT.com | |
|---|---|---|---|
| Trust Score | 68 | 69 | |
| Year Founded | 1998 | 2019 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | Yes | |
| Tier-1 Licenses | 0 | 1 | |
| Tier-2 Licenses | 0 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 2 |
| Tier-1 Licenses (Highly Trusted) | Alpari | FXGT.com | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | No | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | No | No | |
| United Kingdom (U.K.) (FCA Authorised) | No | No | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | Yes |
| Tier-2 Licenses (Trusted) | Alpari | FXGT.com | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | Yes | |
| UAE (DFSA/Central Bank Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | Alpari | FXGT.com | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 105 | 117 | |
| Forex Pairs (Total) | 46 | 53 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | Yes | 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 | Alpari | 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 | Yes | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | Alpari | FXGT.com | |
|---|---|---|---|
| Minimum Deposit | $20 | $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 | Alpari | 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 | Alpari | FXGT.com | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 7 | 5 | |
| Charting - Indicators / Studies (Total) | 30 | 37 | |
| Charting - Drawing Tools (Total) | 15 | 23 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Alpari | FXGT.com | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | No | Yes | |
| Mobile Charting - Indicators / Studies | 30 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | No | Yes | |
| Mobile Economic Calendar | Yes | Yes |
| Research | Alpari | FXGT.com | |
|---|---|---|---|
| Daily Market Commentary | No | No | |
| Forex News (Top-Tier Sources) | Yes | No | |
| Autochartist | Yes | No | |
| Trading Central (Recognia) | No | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | No | Yes | |
| Economic Calendar | Yes | Yes |
| Education | Alpari | FXGT.com | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | 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) | Yes | Yes |
| Major Forex Pairs | Alpari | 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 | Alpari | FXGT.com | |
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| Trust Score | 68 | 69 | |
| Winner | check_circle | ||
| Review |
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