Written by ForexBrokers.com
In this head to head comparison of Trading 212 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.
Trading 212 and FXGT.com are two online brokers operating with unique strengths in the trading market. Trading 212, established in 2004, has built a solid reputation over the years with a ForexBrokers.com Trust Score of 79, reflecting an average risk level. It holds two Tier-1 licenses, signaling a high level of trust according to industry standards, although it lacks Tier-2 licenses. Trading 212 is not publicly traded or a bank, focusing solely on delivering trading services. In comparison, FXGT.com, founded in 2019, holds a ForexBrokers.com Trust Score of 69, indicating higher risk. It possesses one Tier-1 and one Tier-2 license, offering a varied regulatory footing. Like Trading 212, FXGT.com is also not publicly traded and does not operate as a bank.
| Feature |
Trading 212
|
FXGT.com
|
|---|---|---|
| Year Founded | 2004 | 2019 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 1 |
| Tier-2 Licenses | 0 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 0 | 2 |
When comparing online brokers Trading 212 and FXGT.com in terms of commissions and fees, there are notable differences to consider. Trading 212 provides a choice of two accounts – Invest and CFD, with the CFD account requiring a modest deposit of just 10 euros. Although the platform promotes zero-commission trading, users need to consider the spread, particularly for forex and CFD trades. In January 2024, the average spread for Trading 212’s EUR/USD pair was reported at 1.9 pips, which is relatively high and places it at a disadvantage compared to other brokers in the field.
On the other hand, FXGT.com does not provide average spread data, which may limit transparency for users trying to evaluate its competitive edge on trading costs. While both brokers offer trading services, Trading 212 tends to offer more transparency with its published spread data, even though the spreads themselves are less competitive.
In terms of ratings, Trading 212 receives a commendable 4 out of 5 stars for commissions and fees, whereas FXGT.com has a slightly lower rating of 3.5 stars. According to ForexBrokers.com rankings, Trading 212 holds the 43rd position out of 62 brokers in the Commissions and Fees category, while FXGT.com is positioned at #55. This ranking suggests that Trading 212 has a slight edge over FXGT.com concerning cost efficiency and trader benefits.
| Feature |
Trading 212
|
FXGT.com
|
|---|---|---|
| Minimum Deposit | €10 | $5 |
| Average Spread EUR/USD - Standard | 1.9 | N/A |
| All-in Cost EUR/USD - Active | 1.9 | N/A |
| Active Trader or VIP Discounts | No | No |
| ACH or SEPA Transfers | Yes | Yes |
| PayPal (Deposit/Withdraw) | Yes | No |
| Skrill (Deposit/Withdraw) | No | No |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
Trading 212 offers a comprehensive selection of investment options, with 8,025 tradeable symbols and 146 forex pairs available for trading. It provides access to exchange-traded securities on both U.S. and international exchanges, allowing clients to invest directly in major companies like Apple and Vodafone. Although the platform doesn't support copy trading or the purchase of actual cryptocurrency, it does offer cryptocurrency derivatives for trading. FXGT.com, on the other hand, presents a more limited selection, featuring 117 tradeable symbols and 53 forex pairs. The platform allows for copy trading but does not support the purchase of exchange-traded securities or actual cryptocurrencies, only offering cryptocurrency derivatives.
Trading 212 earns a strong five-star rating for its range of investments, ranking 15th out of 62 brokers in this category. In contrast, FXGT.com receives three stars, placing it at the 60th position. Whether you're intrigued by the diversity of trading options or you’re looking to explore specific markets like forex or stocks, Trading 212 appears to deliver a wider array of investment opportunities compared to FXGT.com. This makes it a potentially more versatile choice for traders and investors, particularly for those who value access to a broad spectrum of market instruments.
| Feature |
Trading 212
|
FXGT.com
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 8025 | 117 |
| Forex Pairs (Total) | 146 | 53 |
| U.S. Stock Trading (Non CFD) | Yes | No |
| Int'l Stock Trading (Non CFD) | Yes | No |
| Social Trading / Copy Trading | No | 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 Trading 212 and FXGT.com, both platforms offer a variety of features to accommodate traders' needs, from newbies to experienced investors. Importantly, both brokers provide a free virtual demo account, allowing users to practice and hone their skills without financial risk. Trading 212 stands out with its proprietary platform, browser-based interface, and ease of use. However, it lacks a Windows-based desktop platform and tools such as MetaTrader 4 and 5. On the other hand, FXGT.com impresses with its Windows-based platform and inclusion of MetaTrader 4 and 5, as well as copy trading capabilities. Both brokers support trading directly from stock charts, with Trading 212 offering 20 drawing tools for charting and FXGT.com providing 23. Each offers five fields for watch lists.
Despite both receiving a solid four-star rating for their trading platforms and tools, their rankings differ notably. Trading 212 takes a higher position at #21 out of 62 brokers, compared to FXGT.com, which is ranked at #56 by ForexBrokers.com. This difference is likely influenced by Trading 212's proprietary development and ease of access through a web-based platform, although FXGT.com remains an appealing choice for those prioritizing desktop trading and the popular MetaTrader options. Selecting between these platforms will depend on individual preferences and trading priorities, given their respective strengths and offerings.
| Feature |
Trading 212
|
FXGT.com
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | No |
| Desktop Platform (Windows) | No | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | No | Yes |
| MetaTrader 4 (MT4) | No | Yes |
| MetaTrader 5 (MT5) | No | Yes |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 54 | 37 |
| Charting - Drawing Tools (Total) | 20 | 23 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 5 | 5 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Both Trading 212 and FXGT.com offer comprehensive mobile trading apps that enhance your trading experience on both iPhone and Android devices. Users benefit from price alerts, which keep them updated across a range of stocks and forex pairs, and the ability to view charts in multiple time frames, whether daily, weekly, or intraday. Both apps ensure seamless synchronization of watchlists between mobile and online accounts, making it effortless to track your investments wherever you go. Additionally, both platforms support drawing trendlines on charts, with automatic saving of these drawings to simplify market analysis. Both Trading 212 and FXGT.com provide the option to create watchlists populated with real-time quotes, proving handy to traders monitoring key market movements.
Where these two apps differ most is in the range of technical studies available; Trading 212 offers a significantly higher number—104 compared to FXGT.com's 30—giving traders more tools for technical analysis. In terms of user ratings and industry recognition, Trading 212 scores slightly higher with 4 stars compared to FXGT.com's 3.5 stars. This is reflected in their rankings by ForexBrokers.com, where Trading 212 secures the 17th position out of 62 brokers, while FXGT.com comes in at 58th place. Overall, Trading 212's mobile app garners a more favorable reception due to its broader set of technical tools and higher user satisfaction, while FXGT.com remains a decent option for those looking for basic functionalities in a mobile trading app.
| Feature |
Trading 212
|
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 | 104 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | Yes | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When it comes to market research offerings, Trading 212 and FXGT.com have unique strengths and limitations. Trading 212 provides access to forex news from top-tier sources like Bloomberg and Reuters, giving its users a valuable edge of credible information. Although both platforms lack daily market commentary and tools from research companies such as Autochartist and Trading Central, they do offer sentiment-based trading tools that can help traders gauge market moods through long and short position ratios. Additionally, each platform includes an economic calendar for staying updated on global economic events.
In the realm of research ratings, Trading 212 slightly leads FXGT.com. Trading 212 is rated 3.5 out of 5 stars for research and holds the 46th position out of 62 brokers according to ForexBrokers.com, while FXGT.com follows closely with 3 stars and a rank of 56th. Despite the shared gaps in research tools from some companies, Trading 212’s access to superior news sources may entice traders focused on comprehensive and reliable information.
| Feature |
Trading 212
|
FXGT.com
|
|---|---|---|
| Daily Market Commentary | No | No |
| Forex News (Top-Tier Sources) | Yes | No |
| Autochartist | No | No |
| Trading Central (Recognia) | No | 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 comparing the educational resources for beginners offered by Trading 212 and FXGT.com, Trading 212 stands out as a more comprehensive option. It delivers a wealth of resources, with at least 10 educational pieces focused on forex or CFDs, and hosts monthly online educational webinars. Furthermore, Trading 212 provides a searchable archive of recorded webinars, ensuring that learners can access valuable insights at their convenience. Additionally, beginners have access to a series of instructional videos tailored to their experience level, while seasoned traders can refine their skills with advanced trading videos. An investor dictionary featuring over 50 terms rounds out Trading 212’s educational offerings. This commitment to education has earned Trading 212 a 3.5-star rating and a commendable 20th place ranking out of 62 brokers by ForexBrokers.com in the education category.
FXGT.com, on the other hand, doesn't match up in terms of educational offerings for beginners. It lacks the minimum of 10 educational pieces concentrating on forex or CFDs and does not hold monthly educational webinars. Additionally, there is no archive of recorded webinars available for users, and beginner traders won’t find a specified set of at least 10 educational videos tailored to them. Despite having an investor dictionary similar to Trading 212, the limited range of beginner resources is reflected in FXGT.com's 3-star rating and lower educational ranking, positioned at 59th out of 62 brokers by ForexBrokers.com. For beginners seeking to build a robust foundation in forex and CFDs trading, Trading 212 provides a more thorough educational experience compared to FXGT.com.
| Feature |
Trading 212
|
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 Trading 212 is better than FXGT.com. Trading 212 finished with an overall rank of #31, while FXGT.com finished with an overall rank of #58.
Best known for its mobile trading app, Trading 212 offers an easy-to-use trading platform suite for CFD and share trading, as well as a large variety of forex pairs. However, despite its well-designed platform and wide range of symbols, its lack of advanced trading tools and flat research offerings hamper Trading 212’s bid to be considered a top broker.
| Feature |
Trading 212
|
FXGT.com
|
|---|---|---|
| Overall Rating |
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| Trust Score | 79 | 69 |
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Both Trading 212 and FXGT.com enable investors to purchase cryptocurrency derivatives but do not provide the option to buy actual, delivered cryptocurrencies.
When comparing the online brokers Trading 212 and FXGT.com, both platforms offer ACH or SEPA transfers, Visa or Mastercard, and bank wires for depositing or withdrawing funds, while Trading 212 uniquely supports PayPal, which FXGT.com does not, and neither supports Skrill.
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 | Trading 212 | FXGT.com | |
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| Trust Score | 79 | 69 | |
| Winner | check_circle | ||
| Review | Trading 212 Review |
| Broker Screenshots | Trading 212 | FXGT.com | |
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| Regulation | Trading 212 | FXGT.com | |
|---|---|---|---|
| Trust Score | 79 | 69 | |
| Year Founded | 2004 | 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 | 0 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 0 | 2 |
| Tier-1 Licenses (Highly Trusted) | Trading 212 | 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) | Yes | 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) | Trading 212 | 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 | Trading 212 | FXGT.com | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 8025 | 117 | |
| Forex Pairs (Total) | 146 | 53 | |
| U.S. Stock Trading (Non CFD) | Yes | No | |
| Int'l Stock Trading (Non CFD) | Yes | No | |
| Social Trading / Copy Trading | No | 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 | Trading 212 | FXGT.com | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.9 | N/A | |
| All-in Cost EUR/USD - Active | 1.9 | N/A | |
| Active Trader or VIP Discounts | No | No | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | Yes | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | Trading 212 | FXGT.com | |
|---|---|---|---|
| Minimum Deposit | €10 | $5 | |
| PayPal (Deposit/Withdraw) | Yes | No | |
| Skrill (Deposit/Withdraw) | No | No | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | Yes | Yes |
| Trading Platforms | Trading 212 | FXGT.com | |
|---|---|---|---|
| Proprietary Platform | Yes | No | |
| Desktop Platform (Windows) | No | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | No | Yes | |
| MetaTrader 4 (MT4) | No | Yes | |
| MetaTrader 5 (MT5) | No | Yes | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | Trading 212 | FXGT.com | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 5 | 5 | |
| Charting - Indicators / Studies (Total) | 54 | 37 | |
| Charting - Drawing Tools (Total) | 20 | 23 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Trading 212 | 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 | 104 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | Yes | |
| Mobile Economic Calendar | Yes | Yes |
| Research | Trading 212 | FXGT.com | |
|---|---|---|---|
| Daily Market Commentary | No | No | |
| Forex News (Top-Tier Sources) | Yes | No | |
| Autochartist | No | No | |
| Trading Central (Recognia) | No | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | Trading 212 | 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 | Trading 212 | 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 | Trading 212 Review |
| Overall | Trading 212 | FXGT.com | |
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| Trust Score | 79 | 69 | |
| Winner | check_circle | ||
| Review | Trading 212 Review |
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