FP Markets
Spreadex
VS
Higher Rated
FP Markets
Capital at risk · T&Cs apply
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
WinnerSpreadex
FP Markets
Spreadex
FP Markets
3.8/5
Choose FP Markets if you want…
Spreadex
3.4/5
Choose Spreadex if you want…
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.
FP Markets offers spreads from 0 pips, while Spreadex starts at 0.6 pips. Check the fees section above for a full breakdown.
FP Markets requires a minimum deposit of $100. Spreadex requires $0.
FP Markets is regulated by ASIC, CySEC, while Spreadex holds licences from FCA.
FP Markets supports MT4, MT5, TradingView, Proprietary Mobile. Spreadex 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.