FP Markets vs Spreadex 2026: Which Broker is Better?
The FP Markets vs Spreadex comparison highlights significant differences catering to distinct trader preferences. FP Markets, with its ASIC regulation and comprehensive market offerings—including cryptocurrencies—appeals to experienced traders seeking low spreads and high leverage, supported by platforms like MT4, MT5, and TradingView. In contrast, Spreadex, regulated by the FCA, targets UK-based traders interested in spread betting and CFDs, offering the added benefit of tax-free spread betting and no minimum deposit requirement. While FP Markets boasts superior trading platforms and international reach, Spreadex provides a user-friendly proprietary platform ideal for those prioritising simplicity and cost-effectiveness.
FP Markets
Spreadex
| FP Markets | Spreadex | |
|---|---|---|
| BrokerRank Score | 3.8/5 ✓ | 3.4/5 |
| Min. Deposit | $100 | $0 ✓ |
| Spread from | 0 pips ✓ | 0.6 pips |
| Max Leverage | 1:500 ✓ | 1:200 |
| Regulation | ASIC, CySEC ✓ | FCA |
| Platforms | MT4, MT5, TradingView | Proprietary Web, Proprietary Mobile |
FP Markets is the better choice overall, scoring 3.8/5 vs 3.4/5 on BrokerRank's independent rating. On fees, FP Markets offers lower spreads (0 pips).
See full side-by-side comparison belowFP Markets vs Spreadex: Key Differences
FP Markets
WinnerSpreadex
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Fees Comparison
FP Markets
Spreadex
BrokerRank Verdict
Who Should Choose Which?
FP Markets
3.8/5
Choose FP Markets if you want…
- Higher overall rating (3.8/5)
- Tighter spreads (from 0 pips)
- Higher leverage (up to 1:500)
- More regulatory licences (2)
Spreadex
3.4/5
Choose Spreadex if you want…
- No per-trade commission
- No minimum deposit
- More established (est. 1999)
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.
Both FP Markets & Spreadex are available in
Frequently Asked Questions
1Is FP Markets better than Spreadex?
FP Markets scores higher overall on our independent rating system. FP Markets holds a 3.8/5 rating vs Spreadex's 3.4/5. 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 Spreadex?
FP Markets offers spreads from 0 pips, while Spreadex starts at 0.6 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for FP Markets vs Spreadex?
FP Markets requires a minimum deposit of $100. Spreadex requires $0.
4Which broker is safer, FP Markets or Spreadex?
FP Markets is regulated by ASIC, CySEC, while Spreadex holds licences from FCA.
5What trading platforms do FP Markets and Spreadex support?
FP Markets supports MT4, MT5, TradingView, Proprietary Mobile. Spreadex supports Proprietary Web, Proprietary Mobile.
6Can I use both FP Markets and Spreadex?
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
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