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Side-by-Side Comparison Independent Updated Oct 2, 2026

FP Markets vs FXTM 2026: Which Broker is Better?

When comparing FP Markets and FXTM, a key distinction lies in their regulatory framework and trading conditions. FP Markets, regulated by ASIC and offering spreads from 0 pips with a low minimum deposit, is ideal for experienced traders seeking competitive pricing and advanced charting tools like TradingView. In contrast, FXTM, with strong regulatory oversight from the FCA and a very low minimum deposit, appeals to new traders looking for accessible entry points and diverse account options. FP Markets' high leverage suits seasoned traders, while FXTM's comprehensive regulation and range of platforms cater to a broader international audience.

FP Markets

FXTM

Higher ratedFP Markets logo

FP Markets

3.8/ 5
Visit FP Markets →Full review
VS
FP MarketsFXTM
BrokerRank Score3.8/5 ✓3.6/5
Min. Deposit$100$10 ✓
Spread from0 pips ✓0.1 pips
Max Leverage1:5001:2000 ✓
RegulationASIC, CySECFCA, CySEC, FSCA ✓
PlatformsMT4, MT5, TradingViewMT4, MT5
Quick VerdictBrokerRank recommends
Best for Beginners
FXTMFP Markets
Best for Low Fees
FP MarketsFXTM
Best for Regulation
FXTMFP Markets
Best Overall
FP MarketsFXTM
Quick Answer

FP Markets is the better choice overall, scoring 3.8/5 vs 3.6/5 on BrokerRank's independent rating. On fees, FP Markets offers lower spreads (0 pips).

See full side-by-side comparison below

FP Markets vs FXTM: Key Differences

Feature

FP Markets

FXTM

Winner
Our Rating
3.8 / 5
3.6 / 5
Min. Deposit
$100
$10
Max Leverage
Spread From
0 pips
0.1 pips
Commission
$3/lot
$0.5/lot
Platforms
MT4, MT5, TradingView, Proprietary Mobile
MT4, MT5
Markets
Forex, Cfd, Stocks, Indices, Commodities, Crypto
Forex, Cfd, Stocks, Indices, Commodities
Founded
2005
2011
Headquarters
Sydney, Australia
Limassol, Cyprus
Score
2 / 5
3 / 5

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Fees Comparison

Fee

FP Markets

FXTM

Spread From
0 pips
0.1 pips
Commission
$3/lot
$0.5/lot
Deposit Fee
None
None
Withdrawal Fee
None
None

BrokerRank Verdict

FP Markets is a superior choice for professional traders due to its low spreads starting from 0.0 pips on Raw accounts and support for TradingView, despite the commission charges. FXTM is better suited for beginners given its very low minimum deposit of $10 and strong regulatory oversight by FCA and CySEC. In terms of fees, FP Markets edges out with its competitive spreads, although FXTM offers a lower commission rate.

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)
  • Tighter spreads (from 0 pips)
  • More market types (6)
  • More established (est. 2005)
FXTM

FXTM

3.6/5

Choose FXTM if you want…

  • Lower minimum deposit ($10)
  • Higher leverage (up to 1:2000)
  • 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.

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80% of retail CFD accounts lose money.

Both FP Markets & FXTM are available in

Frequently Asked Questions

1

Is FP Markets better than FXTM?

FP Markets scores higher overall on our independent rating system. FP Markets holds a 3.8/5 rating vs FXTM's 3.6/5. 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 FXTM?

FP Markets offers spreads from 0 pips, while FXTM starts at 0.1 pips. Check the fees section above for a full breakdown.

3

What is the minimum deposit for FP Markets vs FXTM?

FP Markets requires a minimum deposit of $100. FXTM requires $10.

4

Which broker is safer, FP Markets or FXTM?

FP Markets is regulated by ASIC, CySEC, while FXTM holds licences from FCA, CySEC, FSCA.

5

What trading platforms do FP Markets and FXTM support?

FP Markets supports MT4, MT5, TradingView, Proprietary Mobile. FXTM supports MT4, MT5.

6

Can I use both FP Markets and FXTM?

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

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