FP Markets vs Public.com 2026: Which Broker is Better?
In this broker comparison, we examine FP Markets and Public.com, highlighting their distinct offerings and target audiences. FP Markets, established in 2005 and regulated by ASIC, caters to experienced traders seeking a comprehensive range of markets, including forex, CFDs, and cryptocurrencies, with advanced trading platforms like MT4 and MT5. In contrast, Public.com, founded in 2019 and regulated by the SEC, appeals to novice traders and investors in the US with its user-friendly mobile app and commission-free trading on stocks and cryptocurrencies. The key difference lies in FP Markets' focus on professional trading tools and leverage, while Public.com offers a simplified, social investing experience without advanced trading features.
FP Markets
Public.com
| FP Markets | Public.com | |
|---|---|---|
| BrokerRank Score | 3.8/5 ✓ | 3.0/5 |
| Min. Deposit | $100 | $0 ✓ |
| Spread from | 0 pips | 0 pips |
| Max Leverage | 1:500 ✓ | 1:1 |
| Regulation | ASIC, CySEC ✓ | SEC |
| Platforms | MT4, MT5, TradingView | 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 vs Public.com: Key Differences
FP Markets
Public.com
Still deciding between FP Markets and Public.com?
Skip the back-and-forth — answer 4 quick questions and we'll match you to your best fit.
Fees Comparison
FP Markets
Public.com
Lower feesBrokerRank Verdict
Who Should Choose Which?
FP Markets
3.8/5
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)
Public.com
3.0/5
Choose Public.com if you want…
- No per-trade commission
- No minimum deposit
Also consider
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.
Frequently Asked Questions
1Is FP Markets better than Public.com?
FP Markets scores higher overall on our independent rating system. FP Markets holds a 3.8/5 rating vs Public.com's 3.0/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
2Which has lower fees, FP Markets or Public.com?
FP Markets offers spreads from 0 pips, while Public.com starts at 0 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for FP Markets vs Public.com?
FP Markets requires a minimum deposit of $100. Public.com requires $0.
4Which broker is safer, FP Markets or Public.com?
FP Markets is regulated by ASIC, CySEC, while Public.com holds licences from SEC.
5What trading platforms do FP Markets and Public.com support?
FP Markets supports MT4, MT5, TradingView, Proprietary Mobile. Public.com supports Proprietary Mobile.
6Can I use both FP Markets and Public.com?
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.
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