FXGT.com vs NordFX: licences compared

Side-by-side view of each broker's licences, regulator tiers and key facts. Remember that protection depends on which entity holds your account.

AttributeFXGT.comNordFX
Licence Score46Moderate22Very weak
Strongest licence 2 Tier 2 4 Tier 4
Licences on record42
2 CySEC Cyprus Licensed—
2 FSCA South Africa Licensed—
4 FSA (Seychelles) Seychelles LicensedLicensed
4 VFSC Vanuatu LicensedLicensed
Founded20192008
HeadquartersCyprusVanuatu
TypeForex & CFD brokerForex & CFD broker
Publicly listedNoNo
PlatformsMT4, MT5MT4, MT5
Minimum depositUS$5US$10
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Frequently asked questions

Is FXGT.com or NordFX better regulated?

FXGT.com has the higher Licence Score (46 vs 22), based on the number and tier of licences, operating history and public listing.

Which regulators license both FXGT.com and NordFX?

Both are matched to licences from FSA (Seychelles) and VFSC.

Risk warning: CFDs and leveraged forex are complex instruments and come with a high risk of losing money rapidly due to leverage. Most retail investor accounts lose money when trading CFDs. Consider whether you understand how they work and whether you can afford to take the high risk of losing your money. Read more.