FP Markets
FxPro
FP Markets vs FxPro
A detailed side-by-side comparison based on our hands-on testing across 8 scoring categories.
FP Markets and FxPro are both popular choices for forex and CFD traders, but they cater to different needs and experience levels. FP Markets, founded in 2005 and headquartered in Sydney, Australia, is regulated by ASIC, CySEC and offers spreads starting from 0.0 pips with a minimum deposit of $100. FxPro, established in 2006 in London, UK, holds licenses from CySEC, FCA, FSCA with spreads from 0.0 pips and a $100 minimum deposit. In our hands-on testing across 8 scoring categories, FxPro scored 8.4/10 overall compared to FP Markets's 8.2/10, making it the stronger pick for most traders. That said, FP Markets holds its own with lower trading costs, so your ideal broker depends on what you prioritize in a trading partner.
Key Differences at a Glance
- 📊
FxPro scores 8.4/10 overall vs 8.2/10 for FP Markets — a 0.2-point difference.
- 📈
FP Markets offers 10,000+ instruments vs 2,100+ at FxPro — a massive gap in market coverage.
- 🖥️
FP Markets runs on MT4, MT5, cTrader, IRESS, while FxPro uses MT4, MT5, cTrader, FxPro Edge — different ecosystems for different trading styles.
Our Verdict
FP Markets
Score: 8.2/10 · Wins 1 categories- You want lower spreads and trading fees
- You prefer FP Markets's trading environment overall
FxPro
Score: 8.4/10 · Wins 5 categories- You're a beginner who values learning resources
- You need advanced trading platforms and tools
- Top-tier regulation and fund safety are your priority
- You want access to a wider range of instruments
FxPro takes the lead with an overall score of 8.4/10 compared to 8.2/10, winning in 5 out of 8 scoring categories. FxPro stands out for better trading platforms and stronger regulation, while FP Markets fights back with lower trading costs.
Detailed Verdict
After testing both brokers with real accounts, FxPro comes out ahead with a 8.4/10 overall rating, winning 5 out of 8 categories. Its strongest area is Platforms & Tools where it scores 9.0/10. FxPro holds Tier 1 regulation, meaning your funds benefit from top-level investor protection including segregated accounts and compensation schemes. FP Markets is not without merit — it scores 8.2/10 overall and excels in Trading Costs (8.5/10), winning 1 category. Traders who value lower trading costs may find FP Markets the better fit. For a complete breakdown, read our full FxPro review and FP Markets review — both include account opening walkthroughs, platform screenshots, and withdrawal test results.
Score Breakdown
FP Markets wins by 0.5 points
FxPro wins by 0.5 points
FxPro wins by 0.5 points
FxPro wins by 0.5 points
FxPro wins by 0.5 points
FxPro wins by 0.5 points
Full Feature Comparison
| Feature | ||
|---|---|---|
| Overall Score | 8.2/10 | 8.4/10 ✓ |
| Min Deposit Lower is better | $100 ✓ | $100 ✓ |
| Max Leverage | 1:500 | 1:500 |
| Spreads From | 0.0 pips | 0.0 pips |
| Platforms | MT4, MT5, cTrader, IRESS | MT4, MT5, cTrader, FxPro Edge |
| Regulation | ASIC, CySEC | CySEC, FCA, FSCA |
| Founded Older track record highlighted | 2005 ✓ | 2006 |
| Markets | 10,000+ ✓ | 2,100+ |
Fees & Costs
When it comes to trading costs, FP Markets has the edge with a score of 8.5/10 versus 8/10 for FxPro. FP Markets offers spreads starting from 0.0 pips, while FxPro starts from 0.0 pips. The minimum deposit at FP Markets is $100, compared to $100 at FxPro. Both brokers operate primarily on a spread-based pricing model, though actual costs vary by account type and instrument. For high-volume traders, even small spread differences add up significantly over time, making this an important category to weigh carefully.
Trading Platforms
FxPro scores 9/10 for platforms compared to 8.5/10 for FP Markets. FP Markets provides MT4, MT5, cTrader, IRESS, while FxPro offers MT4, MT5, cTrader, FxPro Edge. The choice of platform affects your charting, order execution speed, and available technical indicators. Traders who rely on MetaTrader's algorithmic trading capabilities should check which MT4/MT5 features each broker supports, including custom indicators and expert advisors.
Regulation & Safety
Regulation is crucial for fund safety. FP Markets is regulated by ASIC, CySEC (Tier 1), while FxPro holds licenses from CySEC, FCA, FSCA (Tier 1). FP Markets scores 8.5/10 and FxPro scores 9/10 in this category. Tier 1 regulators like FCA, ASIC, and CySEC offer the strongest investor protection, including segregated client funds and compensation schemes. Always verify your broker's specific license for your jurisdiction before opening an account.
Education & Research
For learning resources, FxPro leads with 7.5/10 compared to 7/10. Quality education materials can shorten your learning curve significantly. Look for brokers offering structured courses, live webinars, and practice demo accounts. FP Markets and FxPro both provide demo accounts for risk-free practice, but the depth of educational content varies. Beginners should prioritize this category when choosing between the two.
Customer Support
FP Markets offers 24/7 Live Chat, Email, Phone and scores 8/10, while FxPro provides 24/5 Live Chat, Email, Phone with a score of 8/10. Reliable support becomes critical during market volatility or when you encounter account issues. Look for brokers with 24/5 or 24/7 availability, multiple contact channels, and support in your preferred language.
Deposit & Withdrawal
FP Markets scores 8/10 for deposits and withdrawals, while FxPro scores 8/10. FP Markets accepts Bank Transfer, Credit Card, PayPal, Skrill, Neteller, and FxPro supports Bank Transfer, Credit Card, PayPal, Skrill, Neteller. Processing times, fees, and available currencies vary. FP Markets requires a minimum deposit of $100 versus $100 for FxPro. Always check withdrawal conditions and any potential fees before funding your account.
Which Broker Is Right for You?
Choose FP Markets if you...
- You want lower spreads and trading fees
- You prefer FP Markets's trading environment overall
Choose FxPro if you...
- You're a beginner who values learning resources
- You need advanced trading platforms and tools
- Top-tier regulation and fund safety are your priority
- You want access to a wider range of instruments
🗳️ Which Broker Do You Prefer?
Cast your vote — see what other traders think
Frequently Asked Questions
Is FP Markets better than FxPro?
FxPro scores higher overall (8.4/10 vs 8.2/10), winning 5 of 8 categories. However, FP Markets is stronger in lower trading costs. The best choice depends on what matters most to your trading style.
Which has lower fees, FP Markets or FxPro?
FP Markets scores higher for trading costs. FP Markets offers spreads from 0.0 pips with a $100 minimum deposit, while FxPro starts from 0.0 pips with $100 minimum. Actual trading costs depend on your instrument, volume, and account type.
Is FP Markets safe to trade with?
FP Markets is regulated by ASIC, CySEC and scores 8.5/10 for regulation. FxPro is regulated by CySEC, FCA, FSCA with a score of 9/10. Both hold recognized licenses, but verify the specific entity covering your region.
Which has better trading platforms, FP Markets or FxPro?
FxPro scores 9/10 for platforms. FP Markets offers MT4, MT5, cTrader, IRESS, while FxPro provides MT4, MT5, cTrader, FxPro Edge. Your ideal platform depends on whether you prefer proprietary tools, MetaTrader, or third-party solutions.
What's the minimum deposit for FP Markets vs FxPro?
FP Markets requires a minimum deposit of $100, while FxPro requires $100. FxPro has the lower entry barrier, making it more accessible for beginners or those testing with smaller amounts.
Ready to Start Trading?
Open a free account with either broker and start trading today.