Both FXGT and XM are popular overseas forex brokers among Japanese traders. Compare their specifications, costs, and support to choose the broker that's right for you
### Basic Specifications Comparison
| Item | FXGT | XM |
|——|——|—–|
| Maximum Leverage | 5,000x (Optimus account) | 1,000x |
| Financial License | CySEC / FSA / VFSC | CySEC / ASIC / IFSC / DFSA |
| Trading Tools | MT4 / MT5 | MT4 / MT5 |
| Zero Cut | Implemented | Implemented |
| Japanese Support | Available | Available (24 hours) |
| Products | FX / Precious Metals / Energy / Stock CFD / Cryptocurrency | FX / Precious Metals / Energy / Stock CFD / Cryptocurrency |
| Established | 2019 | 2009 |
### Spread and Cost Comparison
| Comparison Items | FXGT (Standard+) | FXGT (ECN) | XM (Standard) | XM (KIWAMI) |
|———|——————|—————|—————|
| USD/JPY | 1.5 pips | 0.0 pips + commission | 1.6 pips | 0.7 pips |
| EUR/USD | 1.4 pips | 0.0 pips + commission | 1.7 pips | 0.6 pips |
| Trading Fees | Free | $3/lot (one way) | Free | Free |
In terms of cost, XM's KIWAMI account is advantageous due to its commission-free trading and low spreads. FXGT differentiates itself with its high leverage, generous bonuses, and cryptocurrency trading environment
### Account Type Comparison
**FXGT Account Types**
| Account Type | Features |
|———–|——|
| Standard+ Account | Commission-free, Bonus eligible, Up to 2,000x leverage |
| Mini Account | For small trades, Up to 1,000x leverage |
| Optimus Account | Up to 5,000x leverage, 0% stop-loss |
| Pro Account | Low spreads, DeFi/NFT compatible |
| ECN Account | Commission-based, Extremely narrow spreads |
| CryptoX Account | Cryptocurrency only |
**XM Account Types**
| Account Type | Features |
|———–|——|
| Standard Account | Commission-free, for general users |
| Micro Account | For small-amount trading |
| KIWAMI Extreme Account | Low spreads, swap-free, commission-free |
| Zero Account | Commission-based, extremely narrow spreads |
### Bonus Comparison
| Bonus Types | FXGT | XM |
|————|——|—–|
| Account Opening Bonus | 10,000-20,000 yen (Optimus account only) | 13,000 yen |
| Deposit Bonus | 3-tier system (cumulative maximum $30,000) | 100% (maximum $500) + 20% (maximum $10,000) |
| Other | 50% rebate bonus | XM points (depending on trading volume) |
### FXGT is recommended for
: – Those who want to trade efficiently with small amounts using **up to 5,000x leverage** (Optimus account)
– Those who want a **strong environment for cryptocurrency trading** (CryptoX account)
– Those who want to take full advantage of **abundant bonuses** (up to $30,000 in total)
– Those who want to use their margin to the fullest with **0% stop-loss**
### XM is recommended for
: – Those who value a long operating history (established in 2009) and a wealth of experience
– Those who are attracted to the low spreads, swap-free, and commission-free features of the KIWAMI account
– Those who need 24-hour Japanese support
– Those who want to accumulate bonuses and cash with XM Points
### Both options are eligible for cashback if accessed via Moneychat
If you open an account through MoneyChat, you can receive cashback from both FXGT and XM. Whichever broker you choose, you'll get a portion of your trading costs reimbursed, making it a great deal
### summary
| Key Features | Recommended Broker |
|—————-|———–|
| High Leverage (5,000x) | FXGT (Optimus Account) |
| Low Cost (No Commission + Low Spreads) | XM (KIWAMI Extreme Account) |
| Total Bonus Amount | FXGT (Total $30,000) |
| Operating History & Reliability | XM (Established in 2009, over 15 years) |
| Cryptocurrency Trading | FXGT (CryptoX Account) |
Both are excellent overseas forex brokers, but the best choice depends on what you prioritize. **Opening accounts with both through MoneyChat and comparing them in person is one approach.**
**Risk Warning**: Forex trading involves risks. Please invest only with funds you can afford to lose
