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

FP Markets vs Gemini 2026: Which Broker is Better?

In this broker comparison, we examine FP Markets and Gemini, two distinct platforms catering to different trading needs. FP Markets, with its comprehensive range of markets including forex, CFDs, and crypto, appeals to traders seeking diverse asset classes and leverage up to 1:500. In contrast, Gemini, primarily focused on cryptocurrency trading, attracts those interested in a secure and regulated environment with no minimum deposit requirement. The key difference lies in their offerings, with FP Markets providing a broader asset selection and Gemini specialising in crypto with robust security features.

FP Markets

Gemini

Higher ratedFP Markets logo

FP Markets

3.8/ 5
Visit FP Markets →Full review
VS
FP MarketsGemini
BrokerRank Score3.8/5 ✓3.7/5
Min. Deposit$100$0 ✓
Spread from0 pips ✓0.5 pips
Max Leverage1:500 ✓1:1
RegulationASIC, CySECCFTC, FCA
PlatformsMT4, MT5, TradingViewProprietary Web, Proprietary Mobile
Quick VerdictBrokerRank recommends
Best for Beginners
GeminiFP Markets
Best for Low Fees
FP MarketsGemini
Best for Regulation
FP MarketsGemini
Best Overall
FP MarketsGemini
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 Gemini: Key Differences

Feature

FP Markets

Gemini

Winner
Our Rating
3.8 / 5
3.7 / 5
Min. Deposit
$100
$0
Max Leverage
Spread From
0 pips
0.5 pips
Commission
$3/lot
$0.35/lot
Regulated By
Platforms
MT4, MT5, TradingView, Proprietary Mobile
Proprietary Web, Proprietary Mobile
Markets
Forex, Cfd, Stocks, Indices, Commodities, Crypto
Crypto
Founded
2005
2014
Headquarters
Sydney, Australia
New York, USA
Score
2 / 5
3 / 5

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Fees Comparison

Fee

FP Markets

Gemini

Spread From
0 pips
0.5 pips
Commission
$3/lot
$0.35/lot
Deposit Fee
None
None
Withdrawal Fee
None
None

BrokerRank Verdict

For beginners, Gemini is the better choice due to its user-friendly interface and zero minimum deposit requirement, making it accessible for newcomers to the crypto market. On the other hand, FP Markets is more suitable for professional traders, offering a broad range of markets, advanced trading platforms like MT4 and MT5, and high leverage up to 1:500. In terms of fees, FP Markets has the edge with spreads starting from 0 pips on their Raw account, although this comes with a commission, while Gemini's fees are generally higher on the basic interface.

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)
  • Higher leverage (up to 1:500)
  • More market types (6)
Gemini

Gemini

3.7/5

Choose Gemini if you want…

  • No minimum deposit

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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4.0
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Plus500
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80% of retail CFD accounts lose money.

Both FP Markets & Gemini are available in

Frequently Asked Questions

1

Is FP Markets better than Gemini?

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

FP Markets offers spreads from 0 pips, while Gemini starts at 0.5 pips. Check the fees section above for a full breakdown.

3

What is the minimum deposit for FP Markets vs Gemini?

FP Markets requires a minimum deposit of $100. Gemini requires $0.

4

Which broker is safer, FP Markets or Gemini?

FP Markets is regulated by ASIC, CySEC, while Gemini holds licences from CFTC, FCA.

5

What trading platforms do FP Markets and Gemini support?

FP Markets supports MT4, MT5, TradingView, Proprietary Mobile. Gemini supports Proprietary Web, Proprietary Mobile.

6

Can I use both FP Markets and Gemini?

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

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