GMT Brokers vs Spartan Trade: Which is better in 2026?
A neutral, side-by-side comparison of GMT Brokers and Spartan Trade on the criteria that matter — regulation, fees, leverage, platforms and withdrawal speed. Scores are objective and never influenced by affiliation.
| GMT Brokers | Spartan Trade | |
|---|---|---|
| Overall score | 2.1 / 5 | 2.0 / 5 |
| Minimum deposit | €250 | €250 |
| EUR/USD spread | 2 pips | 1.9 pips |
| Regulation | Unauthorised (CONSOB oscuramento — GMT Brokers Ltd) | Unauthorised (per CNMV Spain warning) |
| Max leverage | 1:500 | 1:500 |
| Platforms | MT4, WebTrader | WebTrader |
| Withdrawal time | 14 business days | 12 business days |
| Trustpilot | 1.9/5 (55) | 1.9/5 (70) |
| Rating | ★★★★★ | ★★★★★ |
GMT Brokers
Website blacked out by Italy’s CONSOB for abusive financial services.
Not recommendedSpartan Trade
Trading site named in a Spanish regulator warning.
Not recommendedOur verdict
GMT Brokers edges ahead on platforms, finishing with an overall neutral score of 2.1 versus 2.0 for Spartan Trade. That said, the gap is narrow and depends on your priorities: Spartan Trade still comes out ahead on minimum deposit, so traders who weight that most highly may prefer it. Both are credible, vetted options — check regulation, fees and withdrawal terms against your own needs before choosing.
Read the full GMT Brokers review or the Spartan Trade review.