SimpleFX VS FXGT
Detailed side-by-side analysis on 40+ criteria. Data updated 2026.
FXGT 👑
In this 2-way comparison between SimpleFX and FXGT, FXGT emerges as our top recommendation with an overall rating of 3.9/5.
Regulation: FXGT is regulated by FSA, ensuring basic fund safety and operational standards.
Best Value: FXGT also offers the most competitive spreads in this comparison at just 0.2 pips on EUR/USD.
Best Broker For:
- Beginners: SimpleFX (only $0 minimum)
- Low Spreads: FXGT (0.2 pips EUR/USD)
- Trust & Safety: FXGT (65% trust score)
- Overall Winner: FXGT (3.9/5 rating)
| 40+ Criteria |
SimpleFX |
🏆 Winner
FXGT |
|---|---|---|
| Overview & Ratings | ||
| Overall Rating | 🏆 Best | |
| Trust Score |
48%
|
65%
|
| Founded | 2014 | 2019 |
| Regulation & Safety | ||
| Primary Regulator | FSA | FSA |
| Segregated Accounts | ✔ Yes | ✔ Yes |
| Negative Balance Protection | ✔ Yes | ✔ Yes |
| Publicly Traded | Private | Private |
| Trading Conditions | ||
| EUR/USD Spread | 1.2 pips | 0.2 pips 💰 Lowest |
| Spread Type | Variable | None |
| Commission | $0 (spread only) | $0 (spread only) |
| Max Leverage | 1:500 | 1:1000 |
| Account Conditions | ||
| Min Deposit | $0 | $5 💎 Lowest |
| Demo Account | ✔ Unlimited | ✔ Unlimited |
| Islamic Account | ✗ No | ✔ Yes |
| Trading Platforms | ||
| MetaTrader 4 | ✗ | ✔ |
| MetaTrader 5 | ✗ | ✔ |
| cTrader | ✗ | ✗ |
| TradingView | ✗ | ✗ |
| Copy Trading | ✗ | ✔ Yes |
| Mobile App | ✔ iOS/Android | ✔ iOS/Android |
| Instruments | ||
| Total Instruments | 200+ 📈 Most | 200+ 📈 Most |
| Forex Pairs | 60 | 50 |
| Cryptocurrencies | 65 | — |
| Stocks/CFDs | 40 | — |
| Education & Support | ||
| Educational Content | Limited | Limited |
| Webinars | ✗ | ✗ |
Frequently Asked Questions
Which is better: SimpleFX or FXGT?
Based on our comprehensive analysis, FXGT scores higher overall with a 3.9/5 rating. However, the best choice depends on your trading priorities:
- For lowest spreads: FXGT (0.2 pips)
- For lowest deposit: SimpleFX ($0)
- For maximum trust: FXGT (65% trust score)
What are the main differences between these brokers?
Key differences in this comparison:
- SimpleFX: FSA, spreads from 1.2 pips, $0 min deposit
- FXGT: FSA, spreads from 0.2 pips, $5 min deposit, MT5 available
Which broker is best for beginners?
For beginners, we recommend SimpleFX due to its low $0 minimum deposit and unlimited demo account.
Are these brokers safe and regulated?
Here's the regulatory status for each broker:
- SimpleFX: FSA
- FXGT: FSA
We recommend choosing Tier-1 regulated brokers (FCA, ASIC, SEC, FINMA) for maximum fund protection.
