FP Markets vs FXCM 2026: Which Broker is Better?
FP Markets and FXCM are both established brokers catering to different trader needs. FP Markets, with its competitive spreads starting from 0.0 pips and a focus on advanced trading platforms like TradingView, appeals to experienced traders seeking high leverage and low trading costs. In contrast, FXCM, with its broad educational resources and zero-commission trading, is suited for beginners and retail traders who value a lower initial deposit and user-friendly proprietary platforms. The key difference lies in FP Markets' appeal to those prioritising tight spreads and high leverage, while FXCM is favoured by those looking for comprehensive support and accessibility.
FP Markets
FXCM
| FP Markets | FXCM | |
|---|---|---|
| BrokerRank Score | 3.8/5 ✓ | 3.7/5 |
| Min. Deposit | $100 ✓ | $50 |
| Spread from | 0 pips ✓ | 0.2 pips |
| Max Leverage | 1:500 ✓ | 1:400 |
| Regulation | ASIC, CySEC | FCA, ASIC |
| Platforms | MT4, MT5, TradingView | MT4, Proprietary Web, Proprietary Mobile |
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 belowFP Markets vs FXCM: Key Differences
FP Markets
FXCM
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Fees Comparison
FP Markets
FXCM
BrokerRank Verdict
Who Should Choose Which?
FP Markets
3.8/5
Choose FP Markets if you want…
- Higher overall rating (3.8/5)
- Tighter spreads (from 0 pips)
- Higher leverage (up to 1:500)
- More market types (6)
FXCM
3.7/5
Choose FXCM if you want…
- No per-trade commission
- Lower minimum deposit ($50)
- More established (est. 1999)
Also consider
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Both FP Markets & FXCM are available in
Frequently Asked Questions
1Is FP Markets better than FXCM?
FP Markets scores higher overall on our independent rating system. FP Markets holds a 3.8/5 rating vs FXCM's 3.7/5. 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 FXCM?
FP Markets offers spreads from 0 pips, while FXCM starts at 0.2 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for FP Markets vs FXCM?
FP Markets requires a minimum deposit of $100. FXCM requires $50.
4Which broker is safer, FP Markets or FXCM?
FP Markets is regulated by ASIC, CySEC, while FXCM holds licences from FCA, ASIC.
5What trading platforms do FP Markets and FXCM support?
FP Markets supports MT4, MT5, TradingView, Proprietary Mobile. FXCM supports MT4, Proprietary Web, Proprietary Mobile.
6Can I use both FP Markets and FXCM?
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
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