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

FP Markets vs Webull 2026: Which Broker is Better?

FP Markets and Webull offer distinct advantages for different types of traders, making them appealing choices depending on your trading needs. FP Markets, with its comprehensive range of markets including forex, CFDs, and commodities, is ideal for traders seeking high leverage up to 1:500 and those who prefer platforms like MetaTrader 4 and 5. In contrast, Webull caters to traders interested in commission-free trading, particularly in stocks and crypto, and those who value advanced charting tools, although it is primarily focused on the US market. Each broker's unique features make them suitable for traders with specific priorities and trading strategies.

FP Markets

Webull

Higher ratedFP Markets logo

FP Markets

3.8/ 5
Visit FP Markets →Full review
VS
FP MarketsWebull
BrokerRank Score3.8/5 ✓3.6/5
Min. Deposit$100$0 ✓
Spread from0 pips0 pips
Max Leverage1:500 ✓1:4
RegulationASIC, CySECSEC, FCA
PlatformsMT4, MT5, TradingViewProprietary Web, Proprietary Mobile
Quick VerdictBrokerRank recommends
Best for Beginners
WebullFP Markets
Best for Low Fees
FP MarketsWebull
Best for Regulation
FP MarketsWebull
Best Overall
FP MarketsWebull
Quick Answer

FP Markets is the better choice overall, scoring 3.8/5 vs 3.6/5 on BrokerRank's independent rating. On fees, FP Markets offers lower spreads (0 pips).

See full side-by-side comparison below

FP Markets vs Webull: Key Differences

Feature

FP Markets

Webull

Winner
Our Rating
3.8 / 5
3.6 / 5
Min. Deposit
$100
$0
Max Leverage
Spread From
0 pips
0 pips
Commission
$3/lot
None
Regulated By
SECFCA
Platforms
MT4, MT5, TradingView, Proprietary Mobile
Proprietary Web, Proprietary Mobile
Markets
Forex, Cfd, Stocks, Indices, Commodities, Crypto
Stocks, Crypto, Forex, Indices
Founded
2005
2017
Headquarters
Sydney, Australia
New York, USA
Score
1 / 4
3 / 4

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Fees Comparison

Fee

FP Markets

Webull

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

BrokerRank Verdict

For beginner traders, Webull is the preferable choice due to its commission-free trading and zero minimum deposit, allowing for a cost-effective entry into the market. FP Markets, on the other hand, is more suitable for professional traders who may benefit from the platform's ASIC regulation, access to TradingView, and competitive spreads from 0.0 pips on Raw accounts. When it comes to fees, Webull takes the lead with its commission-free model, although FP Markets offers low spreads that can appeal to active traders seeking tighter cost controls.

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)
  • Higher leverage (up to 1:500)
  • More market types (6)
  • More established (est. 2005)
Webull

Webull

3.6/5

Choose Webull if you want…

  • No per-trade commission
  • No minimum deposit

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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Both FP Markets & Webull are available in

Frequently Asked Questions

1

Is FP Markets better than Webull?

FP Markets scores higher overall on our independent rating system. FP Markets holds a 3.8/5 rating vs Webull's 3.6/5. 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 Webull?

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

3

What is the minimum deposit for FP Markets vs Webull?

FP Markets requires a minimum deposit of $100. Webull requires $0.

4

Which broker is safer, FP Markets or Webull?

FP Markets is regulated by ASIC, CySEC, while Webull holds licences from SEC, FCA.

5

What trading platforms do FP Markets and Webull support?

FP Markets supports MT4, MT5, TradingView, Proprietary Mobile. Webull supports Proprietary Web, Proprietary Mobile.

6

Can I use both FP Markets and Webull?

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

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