Higher Rated
FP Markets
Capital at risk · T&Cs apply
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
| FP Markets | MEXC | |
|---|---|---|
| BrokerRank Score | 3.8/5 ✓ | 3.0/5 |
| Min. Deposit | $100 | $0 ✓ |
| Spread from | 0 pips | 0 pips |
| Max Leverage | 1:500 ✓ | 1:200 |
| Regulation | ASIC, CySEC ✓ | FSA |
| Platforms | MT4, MT5, TradingView | Proprietary Web, Proprietary Mobile |
FP Markets is the better choice overall, scoring 3.8/5 vs 3.0/5 on BrokerRank's independent rating. On fees, FP Markets offers lower spreads (0 pips).
See full side-by-side comparison belowFP Markets
MEXC
FP Markets
MEXC
Lower feesFP Markets
3.8/5
Choose FP Markets if you want…
MEXC
3.0/5
Choose MEXC if you want…
FP Markets scores higher overall on our independent rating system. FP Markets holds a 3.8/5 rating vs MEXC's 3.0/5. 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 MEXC starts at 0 pips. Check the fees section above for a full breakdown.
FP Markets requires a minimum deposit of $100. MEXC requires $0.
FP Markets is regulated by ASIC, CySEC, while MEXC holds licences from FSA.
FP Markets supports MT4, MT5, TradingView, Proprietary Mobile. MEXC supports 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.