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

FP Markets vs InvestEngine 2026: Which Broker is Better?

In the realm of online trading, FP Markets and InvestEngine serve distinct market segments with their unique offerings. FP Markets, established in 2005 and regulated by ASIC, caters to experienced traders seeking a comprehensive range of instruments, including forex, CFDs, and cryptocurrencies, with advanced platforms like MT4 and MT5 and leverage up to 1:500. In contrast, InvestEngine, founded in 2019 and regulated by the FCA, appeals to UK-based investors interested in commission-free ETF investing and managed portfolios, providing a straightforward, low-cost entry with no minimum deposit requirement. While FP Markets impresses with its extensive market access and competitive spreads, InvestEngine simplifies investment for beginners with its user-friendly, ETF-focused platform.

FP Markets

InvestEngine

Higher ratedFP Markets logo

FP Markets

3.8/ 5
Visit FP Markets →Full review
VS
FP MarketsInvestEngine
BrokerRank Score3.8/5 ✓3.2/5
Min. Deposit$100$0 ✓
Spread from0 pips0 pips
Max Leverage1:500 ✓1:1
RegulationASIC, CySEC ✓FCA
PlatformsMT4, MT5, TradingViewProprietary Web, Proprietary Mobile
Quick VerdictBrokerRank recommends
Best for Beginners
InvestEngineFP Markets
Best for Low Fees
FP MarketsInvestEngine
Best for Regulation
FP MarketsInvestEngine
Best Overall
FP MarketsInvestEngine
Quick Answer

FP Markets is the better choice overall, scoring 3.8/5 vs 3.2/5 on BrokerRank's independent rating. On fees, FP Markets offers lower spreads (0 pips).

See full side-by-side comparison below

FP Markets vs InvestEngine: Key Differences

Feature

FP Markets

InvestEngine

Our Rating
3.8 / 5
3.2 / 5
Min. Deposit
$100
$0
Max Leverage
Spread From
0 pips
0 pips
Commission
$3/lot
None
Regulated By
Platforms
MT4, MT5, TradingView, Proprietary Mobile
Proprietary Web, Proprietary Mobile
Markets
Forex, Cfd, Stocks, Indices, Commodities, Crypto
Stocks
Founded
2005
2019
Headquarters
Sydney, Australia
London, UK
Score
2 / 4
2 / 4

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Fees Comparison

Fee

FP Markets

InvestEngine

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 extensive market offerings, access to high leverage, and advanced platforms like MT4 and MT5. Beginners may find InvestEngine more appealing, thanks to its commission-free ETF investing and user-friendly proprietary platforms, making it a simpler option for those new to trading. In terms of fees, InvestEngine takes the lead with its zero commission model and no minimum deposit requirement, offering a cost-effective choice for ETF investors.

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 regulatory licences (2)
  • More market types (6)
InvestEngine

InvestEngine

3.2/5

Choose InvestEngine if you want…

  • No per-trade commission
  • 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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4.3
FCA
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FxPro
4.1
FCA
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#4AvaTrade logo
AvaTrade
4.0
MAS
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#5Plus500 logo
Plus500
4.0
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80% of retail CFD accounts lose money.

Both FP Markets & InvestEngine are available in

Frequently Asked Questions

1

Is FP Markets better than InvestEngine?

FP Markets scores higher overall on our independent rating system. FP Markets holds a 3.8/5 rating vs InvestEngine's 3.2/5. 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 InvestEngine?

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

3

What is the minimum deposit for FP Markets vs InvestEngine?

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

4

Which broker is safer, FP Markets or InvestEngine?

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

5

What trading platforms do FP Markets and InvestEngine support?

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

6

Can I use both FP Markets and InvestEngine?

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

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