FP Markets vs ForTrade 2026: Which Broker is Better?
Choosing between FP Markets and ForTrade depends on your trading style, preferred markets, and budget. FP Markets is headquartered in Sydney, Australia, while ForTrade operates from London, UK. FP Markets has the longer track record, established in 2005, compared to ForTrade which was founded in 2013. This in-depth comparison covers regulation, fees, platforms, markets, and overall ratings to help you decide which broker is the better fit in 2026.
FP Markets
ForTrade
| FP Markets | ForTrade | |
|---|---|---|
| BrokerRank Score | 3.8/5 | 4.3/5 ✓ |
| Min. Deposit | $100 | $100 |
| Spread from | 0 pips ✓ | 1 pips |
| Max Leverage | 1:500 | 1:500 |
| Regulation | ASIC, CySEC | FCA, ASIC, CySEC ✓ |
| Platforms | MT4, MT5, TradingView | Proprietary Web, Proprietary Mobile, MT4 |
ForTrade is the better choice overall, scoring 4.3/5 vs 3.8/5 on BrokerRank's independent rating. On fees, FP Markets offers lower spreads (0 pips).
See full side-by-side comparison belowFP Markets vs ForTrade: Key Differences
FP Markets
ForTrade
WinnerFees Comparison
FP Markets
ForTrade
Regulation & Trust
FP Markets holds licences from ASIC, CySEC. ForTrade is regulated by FCA, ASIC, CySEC.
Markets & Assets
Both brokers offer access to Forex, Cfd, Stocks, Indices, Commodities markets.
Fees & Spreads
On spreads, FP Markets is more competitive with EUR/USD spreads from 0.0 pips, compared to 1.0 pips at ForTrade.
Trading Platforms
FP Markets supports MT4, MT5, TradingView, Proprietary Mobile. ForTrade offers Proprietary Web, Proprietary Mobile, MT4. Both brokers are available on MT4, Proprietary Mobile.
Minimum Deposit
FP Markets requires a minimum deposit of $100, while ForTrade sets a minimum deposit of $100. Both are suitable for traders with moderate starting capital.
Overall Ratings
BrokerRank scores FP Markets at 3.84/5 and ForTrade at 3.81/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. FP Markets leads overall with a marginal advantage.
BrokerRank Verdict
Who Should Choose Which?
FP Markets
3.8/5
Choose FP Markets if you want…
- Tighter spreads (from 0 pips)
- More established (est. 2005)
- More platforms (4 supported)
ForTrade
4.3/5
Choose ForTrade if you want…
- Higher overall rating (4.3/5)
- No per-trade commission
- More regulatory licences (6)
Also consider
We earn a commission when you open an account through these links, at no extra cost to you. Our ratings are scored independently — see the full independent ranking.
Both FP Markets & ForTrade are available in
Frequently Asked Questions
1Is FP Markets better than ForTrade?
ForTrade scores higher overall on our independent rating system. FP Markets holds a 3.8/5 rating vs ForTrade's 4.3/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
2Which has lower fees, FP Markets or ForTrade?
FP Markets offers spreads from 0 pips, while ForTrade starts at 1 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for FP Markets vs ForTrade?
FP Markets requires a minimum deposit of $100. ForTrade requires $100.
4Which broker is safer, FP Markets or ForTrade?
FP Markets is regulated by ASIC, CySEC, while ForTrade holds licences from FCA, ASIC, CySEC, CIRO, DFSA, FSC.
5What trading platforms do FP Markets and ForTrade support?
FP Markets supports MT4, MT5, TradingView, Proprietary Mobile. ForTrade supports Proprietary Web, Proprietary Mobile, MT4.
6Can I use both FP Markets and ForTrade?
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
Key Trading Terms
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Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.
Higher Rated
ForTrade
Capital at risk · T&Cs apply