Capital.com vs FP Markets 2026: Which Broker is Better?

Regulation & Safety

Capital.com is headquartered in London and is regulated by several leading authorities, including the Financial Conduct Authority (FCA) in the UK, Cyprus Securities and Exchange Commission (CySEC), and Australian Securities and Investments Commission (ASIC). This multi-tier regulation ensures a high level of safety for client funds, with compliance to stringent regulatory standards and participation in compensation schemes where applicable.

FP Markets, based in Sydney, is also regulated by ASIC and CySEC. While it offers robust regulatory oversight, the broker's presence in fewer jurisdictions compared to Capital.com might be a consideration for traders seeking additional layers of investor protection. Both brokers ensure that client funds are held in segregated accounts, providing an extra layer of security.

Fees & Spreads

Capital.com offers competitive fee structures with spreads starting from 0.6 pips and no commission on trades, making it particularly attractive for traders looking to minimise trading costs. The broker requires a low minimum deposit of $20, making it accessible for beginners and smaller investors. However, overnight fees may apply, which can affect profitability for positions held over the long term.

FP Markets, on the other hand, offers spreads starting from 0.0 pips on its Raw account, but charges a commission of $3 per lot, making it more suitable for high-volume traders who prioritise low spreads. The minimum deposit is slightly higher at $100, but the potential for tighter spreads might justify this for some traders. As with Capital.com, overnight fees are applicable.

Trading Platforms

Capital.com provides a proprietary web and mobile platform alongside MetaTrader 4 (MT4), known for its user-friendly interface and AI-powered trading insights. While it lacks MT5, its educational content makes it appealing for beginners. FP Markets offers a wider range of platforms, including MT4, MT5, TradingView, and its proprietary mobile platform, catering to both new and experienced traders with advanced charting and analytical tools.

Who Should Choose Capital.com?

• Traders seeking low entry barriers with a $20 minimum deposit.
• Investors looking for commission-free trading with tight spreads.
• Beginner traders needing excellent educational resources.
• Those interested in AI-powered trading insights.

Who Should Choose FP Markets?

• High-volume traders seeking spreads from 0.0 pips.
• Investors requiring access to MT5 and TradingView platforms.
• Traders preferring a broker regulated by ASIC.
• Those willing to pay commissions for potentially tighter spreads.

Our Verdict

For beginners, Capital.com emerges as the winner due to its low minimum deposit and educational resources. Professional traders might prefer FP Markets for its advanced platform options and tight spreads. On fees, Capital.com is more favourable for commission-free trading, while FP Markets offers better conditions for high-volume trades.