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

FP Markets vs Skilling 2026: Which Broker is Better?

In comparing FP Markets and Skilling, the primary distinction lies in their leverage offerings and trading platforms. FP Markets, with a maximum leverage of 1:500 and support for platforms like MT4, MT5, and TradingView, caters to experienced traders seeking high leverage and advanced charting tools. In contrast, Skilling, offering a maximum leverage of 1:30 and featuring platforms such as cTrader and its proprietary Skilling Trader, appeals to newer traders or those prioritising user-friendly interfaces and EU regulatory protection. Each broker offers unique advantages depending on the trader’s experience level and platform preference.

FP Markets

Skilling

Higher ratedFP Markets logo

FP Markets

3.8/ 5
Visit FP Markets →Full review
VS
FP MarketsSkilling
BrokerRank Score3.8/5 ✓3.5/5
Min. Deposit$100$100
Spread from0 pips ✓0.7 pips
Max Leverage1:500 ✓1:30
RegulationASIC, CySECCySEC, FSA
PlatformsMT4, MT5, TradingViewSkilling Trader, cTrader, MT4
Quick VerdictBrokerRank recommends
Best for Beginners
FP MarketsSkilling
Best for Low Fees
FP MarketsSkilling
Best for Regulation
FP MarketsSkilling
Best Overall
FP MarketsSkilling
Quick Answer

FP Markets is the better choice overall, scoring 3.8/5 vs 3.5/5 on BrokerRank's independent rating. On fees, FP Markets offers lower spreads (0 pips).

See full side-by-side comparison below

FP Markets vs Skilling: Key Differences

Feature

FP Markets

Winner

Skilling

Our Rating
3.8 / 5
3.5 / 5
Min. Deposit
$100
$100
Max Leverage
Spread From
0 pips
0.7 pips
Commission
$3/lot
None
Regulated By
Platforms
MT4, MT5, TradingView, Proprietary Mobile
Skilling Trader, cTrader, MT4, Skilling App
Markets
Forex, Cfd, Stocks, Indices, Commodities, Crypto
Forex, Stocks, Etf, Indices, Commodities, Crypto
Founded
2005
2016
Headquarters
Sydney, Australia
Limassol, Cyprus
Score
3 / 4
1 / 4

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Fees Comparison

Fee

FP Markets

Skilling

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

BrokerRank Verdict

For beginners, Skilling emerges as the better choice due to its user-friendly interface, competitive spreads, and absence of commission fees, which simplify the trading experience. FP Markets is more suited for professional traders, offering advanced platforms like TradingView and higher leverage up to 1:500, which allows for more sophisticated trading strategies. In terms of fees, FP Markets takes the lead with spreads starting from 0.0 pips on its Raw account, though this comes with a commission.

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 established (est. 2005)
Skilling

Skilling

3.5/5

Choose Skilling if you want…

  • No per-trade commission

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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80% of retail CFD accounts lose money.

Both FP Markets & Skilling are available in

Frequently Asked Questions

1

Is FP Markets better than Skilling?

FP Markets scores higher overall on our independent rating system. FP Markets holds a 3.8/5 rating vs Skilling's 3.5/5. 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 Skilling?

FP Markets offers spreads from 0 pips, while Skilling starts at 0.7 pips. Check the fees section above for a full breakdown.

3

What is the minimum deposit for FP Markets vs Skilling?

FP Markets requires a minimum deposit of $100. Skilling requires $100.

4

Which broker is safer, FP Markets or Skilling?

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

5

What trading platforms do FP Markets and Skilling support?

FP Markets supports MT4, MT5, TradingView, Proprietary Mobile. Skilling supports Skilling Trader, cTrader, MT4, Skilling App.

6

Can I use both FP Markets and Skilling?

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

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