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

FP Markets vs MEXC 2026: Which Broker is Better?

In the "FP Markets vs MEXC" broker comparison, the primary distinction lies in their market offerings and regulatory frameworks. FP Markets, with its robust regulation by ASIC and diverse trading instruments including forex, CFDs, and stocks, appeals to traders seeking a comprehensive trading environment with high leverage options. Conversely, MEXC focuses on the cryptocurrency market, offering a vast selection of altcoins and zero maker fees, making it ideal for crypto enthusiasts looking for extensive token access and high leverage futures. Each broker caters to distinct trader preferences, with FP Markets suited for those valuing regulatory assurance and market variety, while MEXC attracts those prioritising cryptocurrency trading flexibility.

FP Markets

MEXC

VS
FP MarketsMEXC
BrokerRank Score3.8/54.0/5 ✓
Min. Deposit$100$0 ✓
Spread from0 pips0 pips
Max Leverage1:500 ✓1:200
RegulationASIC, CySEC ✓FSA
PlatformsMT4, MT5, TradingViewProprietary Web, Proprietary Mobile
Quick VerdictBrokerRank recommends
Best for Beginners
MEXCFP Markets
Best for Low Fees
FP MarketsMEXC
Best for Regulation
FP MarketsMEXC
Best Overall
MEXCFP Markets
Quick Answer

MEXC is the better choice overall, scoring 4.0/5 vs 3.8/5 on BrokerRank's independent rating. On fees, FP Markets offers lower spreads (0 pips).

See full side-by-side comparison below

FP Markets vs MEXC: Key Differences

Feature

FP Markets

MEXC

Winner
Our Rating
3.8 / 5
4.0 / 5
Min. Deposit
$100
$0
Max Leverage
Spread From
0 pips
0 pips
Commission
$3/lot
None
Regulated By
FSA
Platforms
MT4, MT5, TradingView, Proprietary Mobile
Proprietary Web, Proprietary Mobile
Markets
Forex, Cfd, Stocks, Indices, Commodities, Crypto
Crypto
Founded
2005
2018
Headquarters
Sydney, Australia
Seychelles
Score
1 / 4
3 / 4

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Fees Comparison

Fee

FP Markets

MEXC

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 comprehensive market offerings, including forex, CFDs, stocks, and commodities, as well as support for MT4, MT5, and TradingView platforms. Beginners may find MEXC more appealing, given its zero commission structure, zero minimum deposit, and extensive range of cryptocurrencies. When it comes to fees, MEXC takes the edge with zero maker fees on spot trading, although FP Markets offers competitive spreads starting from 0.0 pips on its Raw account.

Who Should Choose Which?

FP Markets

FP Markets

3.8/5

Choose FP Markets if you want…

  • Higher leverage (up to 1:500)
  • More regulatory licences (2)
  • More market types (6)
  • More established (est. 2005)
MEXC

MEXC

4.0/5

Top pick

Choose MEXC if you want…

  • Higher overall rating (4.0/5)
  • 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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Both FP Markets & MEXC are available in

Frequently Asked Questions

1

Is FP Markets better than MEXC?

MEXC scores higher overall on our independent rating system. FP Markets holds a 3.8/5 rating vs MEXC's 4.0/5. 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 MEXC?

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

3

What is the minimum deposit for FP Markets vs MEXC?

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

4

Which broker is safer, FP Markets or MEXC?

FP Markets is regulated by ASIC, CySEC, while MEXC holds licences from FSA.

5

What trading platforms do FP Markets and MEXC support?

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

6

Can I use both FP Markets and MEXC?

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

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