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64 brokers measured in Australiabroker data checked 11.10.2026
FXGT logoFXGTGlobal offshore entity

FXGT in Australia — review, licence and costs

Written and checked by the Southerly editorial team · how we score ·  score recalculated 01.10.2026
through an offshore entityAccepts residents of AustraliaOpened by FXGT (Australia) Pty Ltd, register checked 11.10.2026

Score (6 of 6 axes scored)

3.582.0–5.0

ranked against full-basis brokers

  • Reviews25%65
  • Round-turn cost20%95
  • Safety20%0
  • Payouts15%40
  • Track record10%35
  • Platforms10%80

Numbered by weight: axis 1 counts for most.

2 + 3 × 0.527 = 3.58 · axes on 0–100, total on 2.0–5.0

Key facts (6 facts)

Onboarding entity
Global offshore entity
Founded
2019
Retail leverage
5000AU
Round turn
6 USDAU
Currencies
USD EUR JPY
Swap-free account
yes

"group" marks a figure the broker publishes for the group rather than for this country. It is shown because the broker states it, and it is not ranked, averaged or used to sort.

Licence check

No ASIC license
Active on registerchecked 11.10.2026https://www.trustpilot.com/review/fxgt.com
Open an account with FXGT

The broker's own website. Not a partner link — we earn nothing from it.

Screenshot of the FXGT website
FXGT's own site, captured for this review (07.10.2026)

Who actually onboards you

Entity that onboards Australia residents
Global offshore entity
Local standing
Offshore regulated
Licence as the register states it
No ASIC license
Leverage for this entity
Up to 1:5000
The firm behind it
Founded in 2019
What we hold against it
No ASIC top-tier oversight

Leverage by entity

The licence belongs to the firm; a leverage figure belongs to one entity. Only the entity that onboards Australian residents enters the score.

The entity that onboards youGlobal offshore entityLocal or offshore not stated in the source · ASIC licence —
1:5000AU
Australia median, local entities: 1:50 · 18 of 20 statedApplies to you

Scale from 1:10 to 1:3000, logarithmic.

Client protection

  • Local entity onboards youOffshore regulated
  • Regulator warning on filenone found

— means the broker does not state it in any source we captured. It is not read as “no protection” and it is not scored.

Price against Australia market median(priced from 73 of 76)

Round turn, 1 lot EURUSD, spread plus commission, USD
FXGT, raw spread plus commission6
Australia median, all 73 priced6
Australia median, the 62 priced on the raw spread plus commission6

Medians run over the 73 of 76 brokers that publish a price for Australia, never over the whole base. A spread without its commission is not a price and is not counted.

Accounts

Account types the broker names for this country: Five account types. The figures below are the broker's own and do not differ by account in any source we captured.

Swap-free account terms

Terms read from the account page on 01.10.2026. The cap on open positions is not published.

Cost calculator (median of 73 priced of 76)

FXGT, per month120.00 USD
Australia median, per month120.00 USD

EURUSD round turns at the prices captured 01.10.2026. Shown in USD only: we do not publish a AUD conversion because the exchange rate is not part of our data.

Where FXGT sits in the Australia base(76 brokers)

Round-turn cost, USD (73 of 76 priced)

9<5
575-10
310-15
315-20
120-25
025-30
030+

Median 6 USD · range 1.5-20 · this broker 6 USD · 3 of 76 brokers do not publish it

Minimum deposit, USD (7 of 76 priced)

4<20
020-40
040-60
060-80
380+

Median 15 USD · range 0-100 · this broker 5 USD · 69 of 76 brokers do not publish it

Retail leverage (42 of 76 with a Australia figure)

31<1000
61000-2000
32000-3000
03000-4000
24000+

Median 1:115 · range 30-5000 · this broker 1:5000 · 34 of 76 brokers do not publish it

Withdrawal time published (76 brokers)

6of 64
Published, hours6not published38FXGT is one of the 6

Deposit and withdrawal methods (1 methods · 0 local rails)

No AU-specific methods

    Account currency
    USD EUR JPY
    Fee declared
    0 of 0 methods
    Withdrawal back to
    the funding method

    Where it does not serve(8 countries)

    United StatesCanadaEuropean Union member statesIranNorth KoreaBelizeUkraineUnited Kingdom

    From the client agreement, clause 2.3. A country missing from a translated page is not read as “served”.

    Platforms and markets(3 platforms)

    • MT4
    • MT5
    • FXGT Trader

    Identical for every row: Min spread 1 · Leverage 5000 AU.

    Reviews(1 platform · 25% of the score)

    4.3/ 5
    Trustpilot rating
    1,586
    reviews
    02.10.2026
    snapshot, 2026
    SnapshotRatingReviews
    02.10.20264.31,586

    Share of reviewers in Australia: — The platform does not publish it.

    Pros and cons(4 for and 3 against, each tied to a figure on this page)

    For
    • Min deposit 5 USD, under the Australia median 15
    • Swap-free account available
    • Round-turn cost 95 of 100, its strongest of 6 scored axes
    • 3 platforms: MT4, MT5, FXGT Trader
    Against
    • No Australia authorisation on file: the entity that onboards you is licensed elsewhere
    • Withdrawal in 72 h, over the Australia median 24
    • Safety 0 of 100, its weakest of 6 scored axes

    Alternatives in Australia(5 of 76 scored in Australia)

    4.63
    Fusion Markets
    Locally licensed
    Round turn, USD
    4.8AU
    Min deposit, USD
    0AU
    Leverage
    30AU
    Rank in this country
    #1
    4.42
    Tickmill
    Licensed elsewhere
    Round turn, USD
    6AU
    Leverage
    500AU
    Rank in this country
    #9
    4.55
    Global Prime
    Locally licensed
    Round turn, USD
    7AU
    Min deposit, USD
    0AU
    Leverage
    500AU
    Rank in this country
    #5
    4.4
    Axi
    Locally licensed
    Round turn, USD
    7AU
    Min deposit, USD
    0AU
    Leverage
    30AU
    Rank in this country
    #7
    4.38
    Blueberry Markets
    Locally licensed
    Round turn, USD
    7AU
    Min deposit, USD
    100AU
    Leverage
    30AU
    Rank in this country
    #11

    Methodology(6 axes · formula v1.0)

    Score = 2 + 3 × weighted mean of six axes scored 0–100. Range 2.0–5.0. An axis without data drops out and the remaining weights are renormalised; it is never scored zero or estimated. Group-wide figures never enter a Australia score. Full methodology

    AxisWeightWhat is measuredFXGT
    Reviews25%Rating, volume and recency on one public review platform65
    Round-turn cost20%Round turn on 1 lot EURUSD: spread plus commission, against the country median95
    Safety20%Local authorisation, the entity that onboards you, any regulator warning0
    Payouts15%Published withdrawal time, fees and the methods available in the country40
    Track record10%Years since the firm was founded, from its own filings35
    Platforms10%Which trading platforms the broker confirms for this country80

    FAQ

    Does FXGT accept residents of Australia?
    No. Offshore regulated Onboarding entity: Global offshore entity
    Is FXGT licensed to serve clients in Australia?
    No ASIC license Checked on 11.10.2026.
    How much does one round turn cost at FXGT?
    About 6.0 USD per standard lot on EUR/USD. The median across brokers measured for Australia is 6.0 USD.
    What leverage does FXGT offer to retail clients in Australia?
    Up to 1:5000. leverageGeo: Up to 1:5000
    Which trading platforms does FXGT support?
    MT4, MT5, FXGT Trader. Instruments: Forex CFDs crypto stocks
    How can I withdraw money from FXGT in Australia?
    No AU-specific methods
    What account types does FXGT offer?
    Five account types
    Does FXGT offer a swap-free (Islamic) account?
    Yes. FXGT offers a swap-free (Islamic) account to Australia residents.

    Taxes for an Australian resident(1 rule)

    • Forex/CFD trading gains are not subject to a special standalone tax regime in the cited sources;https://www.trustpilot.com/review/fxgt.com

    Not tax advice. Check with the ATO.

    Verified · Sources

    Verified01.10.2026
    next review 01.01.2027