FP Markets
FXCM
VS
Higher Rated
FP Markets
Capital at risk · T&Cs apply
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
FXCM
WinnerFP Markets
FXCM
FP Markets
3.8/5
Choose FP Markets if you want…
FXCM
3.7/5
Choose FXCM if you want…
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.
FP Markets offers spreads from 0 pips, while FXCM starts at 0.2 pips. Check the fees section above for a full breakdown.
FP Markets requires a minimum deposit of $100. FXCM requires $50.
FP Markets is regulated by ASIC, CySEC, while FXCM holds licences from FCA, ASIC.
FP Markets supports MT4, MT5, TradingView, Proprietary Mobile. FXCM supports MT4, Proprietary Web, Proprietary Mobile.
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
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Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.