Written by ForexBrokers.com
In this head to head comparison of easyMarkets 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.
easyMarkets and FXGT.com are both online brokers, established in 2001 and 2019 respectively. Neither operate as publicly traded companies nor are they banks, providing investors with alternative trading platforms. When it comes to regulatory standing, easyMarkets shines with a strong presence, holding two Tier-1 licenses and one Tier-2 license. This trusted regulatory framework contributes to an 84 Trust Score from ForexBrokers.com, categorizing easyMarkets as a trusted broker.
In comparison, FXGT.com also holds one Tier-1 license and one Tier-2 license, marking its steps toward establishing credibility within the trading community. However, its ForexBrokers.com Trust Score of 69 positions it in the high-risk category. While FXGT.com endeavors to grow its reputation, potential users might find easyMarkets' longer history and higher regulatory confidence more reassuring.
| Feature |
easyMarkets
|
FXGT.com
|
|---|---|---|
| Year Founded | 2001 | 2019 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 1 |
| Tier-2 Licenses | 1 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 2 | 2 |
When comparing the commissions and fees of online brokers easyMarkets and FXGT.com, potential traders find some key differences. easyMarkets offers fixed spreads for EUR/USD at 0.8 pips on its own platform and TradingView. However, if you opt for using MT4, the costs increase significantly to 1.7 pips on a Standard account, while a VIP account reduces this spread to 0.7 pips. With MT5, easyMarkets offers a variable spread that begins at 0.7 pips. Although both brokers provide competitive rates, easyMarkets offers more clarity with its fixed and variable spreads.
On the other hand, FXGT.com does not provide average spread data, making it more challenging for traders to determine potential trading costs upfront. This lack of transparency may require prospective users to dig deeper into understanding the broker's pricing structure. Despite these uncertainties, FXGT.com's fee structure isn't strikingly different in terms of overall user satisfaction compared to easyMarkets.
Both brokers receive a rating of 3.5 stars out of five for their commissions and fees. When it comes to their ranking by ForexBrokers.com, easyMarkets is positioned at #51 out of 62 brokers, while FXGT.com is slightly lower at #55. This suggests that while they have similar ratings, easyMarkets might offer slightly better terms in the broader context of broker options available to traders.
| Feature |
easyMarkets
|
FXGT.com
|
|---|---|---|
| Minimum Deposit | $25 | $5 |
| Average Spread EUR/USD - Standard | 0.8 | N/A |
| All-in Cost EUR/USD - Active | 0.8 | N/A |
| Active Trader or VIP Discounts | Yes | No |
| ACH or SEPA Transfers | Yes | 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.
easyMarkets and FXGT.com both provide forex trading options through CFDs or spot contracts, catering to traders interested in currency pairs. easyMarkets offers a slightly broader selection with 230 tradeable symbols, including 63 forex pairs, compared to FXGT.com's 117 tradeable symbols and 53 forex pairs. Neither broker allows clients to purchase exchange-traded securities on U.S. or international exchanges, restricting customers from acquiring individual shares like Apple or Vodafone directly.
In terms of cryptocurrency, both easyMarkets and FXGT.com provide access to cryptocurrency derivatives but do not offer the option to purchase actual cryptocurrencies. For investors interested in following successful traders, both platforms support copy trading features. Rated for their range of investments, easyMarkets scores 3.5 stars, while FXGT.com receives 3 stars. According to rankings by ForexBrokers.com, easyMarkets is placed at #54 out of 62 brokers for its investment offerings, while FXGT.com holds the #60 position.
| Feature |
easyMarkets
|
FXGT.com
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 230 | 117 |
| Forex Pairs (Total) | 63 | 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.
When comparing the trading platforms and tools of easyMarkets and FXGT.com, both brokers offer a comprehensive range of features designed to support traders of all experience levels. Both platforms provide users with free virtual demo accounts, allowing newcomers and seasoned traders alike to engage in simulated trading risk-free. While easyMarkets boasts a proprietary platform developed in-house, FXGT.com relies on well-known platforms like MetaTrader 4 and MetaTrader 5, which are also supported by easyMarkets. Both brokers ensure flexibility by offering Windows-based desktop platforms and web-based platforms for those who prefer browser trading. Additionally, both brokers support copy trading, enabling users to replicate successful trading strategies.
easyMarkets holds an edge when it comes to charting tools, offering 30 drawing tools compared to FXGT.com's 23, and provides more columns for customizing watch lists, with eight fields versus FXGT.com's five. Both platforms allow trading directly from stock charts, enhancing the trading experience. In terms of ratings, both receive four stars for their trading platforms and tools. However, easyMarkets is ranked higher at #35 compared to FXGT.com's #56 out of 62 brokers in this category on ForexBrokers.com. This makes easyMarkets a slightly more popular choice among traders who value versatile platforms with a range of tools at their disposal.
| Feature |
easyMarkets
|
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) | 15 | 37 |
| Charting - Drawing Tools (Total) | 30 | 23 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 8 | 5 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Both easyMarkets and FXGT.com offer mobile trading apps for iPhone and Android, catering to traders who value flexibility and on-the-go access to their accounts. easyMarkets stands out for providing a more extensive selection of technical studies with 81 options available for charting, compared to FXGT.com's 30 studies. However, FXGT.com offers additional features like price alerts and automatic chart drawing saves, which might be appealing to users who prioritize timely notifications and seamless charting experiences. Both apps include features like trendline drawing, multiple time frame views, and watchlist creation with real-time quotes, ensuring a comprehensive trading toolkit.
In terms of synchronization, both easyMarkets and FXGT.com enable watchlist symbol syncing, allowing traders to seamlessly access updates whether they’re on their mobile device or desktop. easyMarkets garners a slightly higher rating of 4 stars for its mobile app versus FXGT.com's 3.5 stars, reflecting its more favorable user feedback. Additionally, easyMarkets ranks higher for its mobile trading apps on ForexBrokers.com, coming in at #29 out of 62 brokers, compared to FXGT.com's rank of #58. These distinctions suggest that while both brokers offer essential trading functionalities, easyMarkets is generally perceived as offering a more refined mobile trading experience.
| Feature |
easyMarkets
|
FXGT.com
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | No | Yes |
| Watchlist Syncing | Yes | Yes |
| Mobile Charting - Indicators / Studies | 81 | 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 easyMarkets and FXGT.com, it becomes clear that easyMarkets offers more comprehensive market research features. easyMarkets provides daily market commentary, enriching investors with timely insights not available with FXGT.com. Additionally, easyMarkets sources forex news from leading providers like Bloomberg, Reuters, and Dow Jones, ensuring traders stay updated with high-quality global financial news. Meanwhile, FXGT.com lacks offerings from these top-tier sources. In terms of tools, easyMarkets includes trading features from Trading Central, giving traders technical analytics superiority that FXGT.com does not match. Both platforms offer sentiment-based trading tools and display economic calendars showcasing worldwide events, allowing traders to stay informed about global market movements.
Despite having some comparable features, easyMarkets excels with a research rating of 3.5 stars, superior to FXGT.com's 3 stars. In a ranking of 62 brokers by ForexBrokers.com for the Research category, easyMarkets secures the 43rd slot, while FXGT.com trails at 56th. Overall, traders seeking a broad spectrum of market insights and reliable news sources may find easyMarkets to be more advantageous for their trading needs compared to FXGT.com.
| Feature |
easyMarkets
|
FXGT.com
|
|---|---|---|
| Daily Market Commentary | Yes | No |
| Forex News (Top-Tier Sources) | Yes | No |
| Autochartist | No | No |
| Trading Central (Recognia) | Yes | No |
| Social Sentiment - Currency Pairs | Yes | Yes |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When it comes to educational resources for beginner traders, easyMarkets stands out compared to FXGT.com. easyMarkets provides a wide array of learning materials, exceeding the minimum of 10 pieces of content focused on forex or CFDs, which include articles, videos, and archived webinars suitable for newcomers. Additionally, they host monthly online educational webinars and offer an accessible library of past webinar recordings. For those new to trading, easyMarkets supplies at least 10 introductory videos covering essential trading topics, alongside advanced materials for more seasoned traders. They also boast a comprehensive investor dictionary featuring over 50 investing terms.
On the other hand, FXGT.com falls short in these areas for beginners. While they do offer an expansive investor dictionary similar to easyMarkets, they lack the breadth of educational materials specific to forex or CFDs. FXGT.com does not provide regular educational webinars or a searchable archive, and they do not meet the criteria of having at least 10 beginner-focused trading videos. As a result, this difference in educational offerings is reflected in their ratings, with easyMarkets receiving a 3.5-star rating for Education compared to FXGT.com's 3-star rating. According to ForexBrokers.com, easyMarkets is ranked #39 out of 62 brokers for educational resources, a significant lead over FXGT.com's #59 ranking.
| Feature |
easyMarkets
|
FXGT.com
|
|---|---|---|
| Education (Forex or CFDs) | Yes | No |
| Client Webinars | Yes | No |
| Client Webinars (Archived) | Yes | No |
| Videos - Beginner Trading Videos | Yes | No |
| Videos - Advanced Trading Videos | Yes | 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 easyMarkets is better than FXGT.com. easyMarkets finished with an overall rank of #43, while FXGT.com finished with an overall rank of #58.
easyMarkets is easy to use and offers several unique features attractive to beginners through its proprietary trading platform. However, its web platform is a bit dated and it offers a below-average selection of tradeable products.
| Feature |
easyMarkets
|
FXGT.com
|
|---|---|---|
| Overall Rating |
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| Trust Score | 84 | 69 |
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Both easyMarkets and FXGT.com do not offer the purchase of actual (delivered) cryptocurrency, but they do provide options for trading in cryptocurrency derivatives.
Both easyMarkets and FXGT.com offer ACH or SEPA transfers, Visa or Mastercard, and bank wires for depositing or withdrawing funds; however, only easyMarkets supports Skrill, while neither provides PayPal as a payment 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 | easyMarkets | FXGT.com | |
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| Trust Score | 84 | 69 | |
| Winner | check_circle | ||
| Review | easyMarkets Review |
| Broker Screenshots | easyMarkets | FXGT.com | |
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| Regulation | easyMarkets | FXGT.com | |
|---|---|---|---|
| Trust Score | 84 | 69 | |
| Year Founded | 2001 | 2019 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 2 | 1 | |
| Tier-2 Licenses | 1 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 2 | 2 |
| Tier-1 Licenses (Highly Trusted) | easyMarkets | FXGT.com | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | 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). | Yes | Yes |
| Tier-2 Licenses (Trusted) | easyMarkets | FXGT.com | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | Yes | |
| UAE (DFSA/Central Bank Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | easyMarkets | FXGT.com | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 230 | 117 | |
| Forex Pairs (Total) | 63 | 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 | easyMarkets | FXGT.com | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 0.8 | N/A | |
| All-in Cost EUR/USD - Active | 0.8 | N/A | |
| Active Trader or VIP Discounts | Yes | No | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | No | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | easyMarkets | FXGT.com | |
|---|---|---|---|
| Minimum Deposit | $25 | $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 | Yes | Yes |
| Trading Platforms | easyMarkets | 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 | easyMarkets | FXGT.com | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 8 | 5 | |
| Charting - Indicators / Studies (Total) | 15 | 37 | |
| Charting - Drawing Tools (Total) | 30 | 23 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | easyMarkets | FXGT.com | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | No | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | Yes | Yes | |
| Mobile Charting - Indicators / Studies | 81 | 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 | easyMarkets | FXGT.com | |
|---|---|---|---|
| Daily Market Commentary | Yes | No | |
| Forex News (Top-Tier Sources) | Yes | No | |
| Autochartist | No | No | |
| Trading Central (Recognia) | Yes | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | easyMarkets | FXGT.com | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | No | |
| Client Webinars | Yes | No | |
| Client Webinars (Archived) | Yes | No | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | Yes | No | |
| Investor Dictionary (Glossary) | Yes | Yes |
| Major Forex Pairs | easyMarkets | 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 | easyMarkets Review |
| Overall | easyMarkets | FXGT.com | |
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| Trust Score | 84 | 69 | |
| Winner | check_circle | ||
| Review | easyMarkets Review |
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