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Side-by-Side Comparison Independent Updated Mar 9, 2026

FP Markets vs Futu (Moomoo) 2026: Which Broker is Better?

In the realm of online trading, FP Markets and Futu (Moomoo) present distinct offerings tailored to different types of traders. FP Markets, with its strong focus on forex and CFD trading, appeals to experienced traders who value low spreads and leverage up to 1:500, backed by the robust platforms of MT4 and MT5. In contrast, Futu (Moomoo) attracts those interested in commission-free stock trading with a focus on US markets, offering a social trading experience and advanced market data. While FP Markets is ideal for forex enthusiasts seeking competitive spreads and leverage, Futu (Moomoo) is more suited to stock traders looking for a community-driven platform and zero commissions on US stocks.

FP Markets

Futu (Moomoo)

Higher ratedFP Markets logo

FP Markets

3.8/ 5
Visit FP Markets →Full review
VS
FP MarketsFutu (Moomoo)
BrokerRank Score3.8/5 ✓3.7/5
Min. Deposit$100$0 ✓
Spread from0 pips0 pips
Max Leverage1:500 ✓1:5
RegulationASIC, CySECSFC, SEC, MAS ✓
PlatformsMT4, MT5, TradingViewMoomoo, Futu NiuNiu
Quick VerdictBrokerRank recommends
Best for Beginners
Futu (Moomoo)FP Markets
Best for Low Fees
FP MarketsFutu (Moomoo)
Best for Regulation
Futu (Moomoo)FP Markets
Best Overall
FP MarketsFutu (Moomoo)
Quick Answer

FP Markets is the better choice overall, scoring 3.8/5 vs 3.7/5 on BrokerRank's independent rating. On fees, FP Markets offers lower spreads (0 pips).

See full side-by-side comparison below

FP Markets vs Futu (Moomoo): Key Differences

Feature

FP Markets

Futu (Moomoo)

Winner
Our Rating
3.8 / 5
3.7 / 5
Min. Deposit
$100
$0
Max Leverage
Spread From
0 pips
0 pips
Commission
$3/lot
None
Regulated By
SFCSECMAS
Platforms
MT4, MT5, TradingView, Proprietary Mobile
Moomoo, Futu NiuNiu
Markets
Forex, Cfd, Stocks, Indices, Commodities, Crypto
Stocks, Etf, Options, Futures, Crypto
Founded
2005
2012
Headquarters
Sydney, Australia
Hong Kong, China
Score
1 / 4
3 / 4

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Fees Comparison

Fee

FP Markets

Futu (Moomoo)

Lower fees
Spread From
0 pips
0 pips
Commission
$3/lot
None
Deposit Fee
None
None
Withdrawal Fee
None
None

BrokerRank Verdict

FP Markets is better suited for professional traders due to its sophisticated platforms like MT4 and MT5, high leverage of up to 1:500, and access to a wide range of markets, including forex and CFDs. Futu (Moomoo), with its user-friendly platform, zero commission on US stock trading, and no minimum deposit requirement, is ideal for beginners looking to trade stocks and ETFs. In terms of fees, Futu (Moomoo) has the advantage with its zero commission on US stocks, although its complex fee structure for non-US markets could be a drawback for some users.

Who Should Choose Which?

FP Markets

FP Markets

3.8/5

Top pick

Choose FP Markets if you want…

  • Higher overall rating (3.8/5)
  • Higher leverage (up to 1:500)
  • More market types (6)
  • More established (est. 2005)
Futu (Moomoo)

Futu (Moomoo)

3.7/5

Choose Futu (Moomoo) if you want…

  • No per-trade commission
  • No minimum deposit
  • More regulatory licences (3)

Also consider

View all rankings

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.

#1ForTrade logo
ForTrade
4.3
FCA
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#2FxPro logo
FxPro
4.1
FCA
Visit
#4AvaTrade logo
AvaTrade
4.0
MAS
Visit
#5Plus500 logo
Plus500
4.0
MAS
Visit

80% of retail CFD accounts lose money.

Both FP Markets & Futu (Moomoo) are available in

Frequently Asked Questions

1

Is FP Markets better than Futu (Moomoo)?

FP Markets scores higher overall on our independent rating system. FP Markets holds a 3.8/5 rating vs Futu (Moomoo)'s 3.7/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.

2

Which has lower fees, FP Markets or Futu (Moomoo)?

FP Markets offers spreads from 0 pips, while Futu (Moomoo) starts at 0 pips. Check the fees section above for a full breakdown.

3

What is the minimum deposit for FP Markets vs Futu (Moomoo)?

FP Markets requires a minimum deposit of $100. Futu (Moomoo) requires $0.

4

Which broker is safer, FP Markets or Futu (Moomoo)?

FP Markets is regulated by ASIC, CySEC, while Futu (Moomoo) holds licences from SFC, SEC, MAS.

5

What trading platforms do FP Markets and Futu (Moomoo) support?

FP Markets supports MT4, MT5, TradingView, Proprietary Mobile. Futu (Moomoo) supports Moomoo, Futu NiuNiu.

6

Can I use both FP Markets and Futu (Moomoo)?

Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.

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