FP Markets
XTB
FP Markets vs XTB
A detailed side-by-side comparison based on our hands-on testing across 8 scoring categories.
FP Markets and XTB 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. XTB, established in 2002 in Warsaw, Poland, holds licenses from FCA, CySEC, KNF with spreads from 0.5 pips and a $0 minimum deposit. In our hands-on testing across 8 scoring categories, XTB scored 8.6/10 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 overall value, so your ideal broker depends on what you prioritize in a trading partner.
Key Differences at a Glance
- 📊
XTB scores 8.6/10 overall vs 8.2/10 for FP Markets — a 0.4-point difference.
- 💵
XTB requires just $0 to start, while FP Markets needs $100 — XTB is 100x more accessible.
- 📈
FP Markets offers 10,000+ instruments vs 5,800+ at XTB — a notable difference in market coverage.
- 🖥️
FP Markets runs on MT4, MT5, cTrader, IRESS, while XTB uses xStation 5, xStation Mobile — different ecosystems for different trading styles.
- ⚡
The biggest gap is in Education: XTB scores 9.5 vs 7.0 for FP Markets — a 2.5-point difference.
Our Verdict
FP Markets
Score: 8.2/10 · Wins 0 categories- You prefer FP Markets's trading environment overall
XTB
Score: 8.6/10 · Wins 6 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
- Responsive customer support matters to you
XTB takes the lead with an overall score of 8.6/10 compared to 8.2/10, winning in 6 out of 8 scoring categories. XTB stands out for better trading platforms and stronger regulation, while FP Markets remains a solid alternative.
Detailed Verdict
After testing both brokers with real accounts, XTB comes out ahead with a 8.6/10 overall rating, winning 6 out of 8 categories. Its strongest area is Education where it scores 9.5/10. XTB 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). For a complete breakdown, read our full XTB review and FP Markets review — both include account opening walkthroughs, platform screenshots, and withdrawal test results.
Score Breakdown
XTB wins by 0.5 points
XTB wins by 0.5 points
XTB wins by 2.5 points
XTB wins by 0.5 points
XTB wins by 1.0 points
XTB wins by 0.5 points
Full Feature Comparison
| Feature | ||
|---|---|---|
| Overall Score | 8.2/10 | 8.6/10 ✓ |
| Min Deposit Lower is better | $100 | $0 ✓ |
| Max Leverage | 1:500 | 1:500 |
| Spreads From | 0.0 pips | 0.5 pips |
| Platforms | MT4, MT5, cTrader, IRESS | xStation 5, xStation Mobile |
| Regulation | ASIC, CySEC | FCA, CySEC, KNF |
| Founded Older track record highlighted | 2005 | 2002 ✓ |
| Markets | 10,000+ ✓ | 5,800+ |
Fees & Costs
When it comes to trading costs, FP Markets has the edge with a score of 8.5/10 versus 8.5/10 for XTB. FP Markets offers spreads starting from 0.0 pips, while XTB starts from 0.5 pips. The minimum deposit at FP Markets is $100, compared to $0 at XTB. 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
XTB scores 9/10 for platforms compared to 8.5/10 for FP Markets. FP Markets provides MT4, MT5, cTrader, IRESS, while XTB offers xStation 5, xStation Mobile. 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 XTB holds licenses from FCA, CySEC, KNF (Tier 1). FP Markets scores 8.5/10 and XTB 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, XTB leads with 9.5/10 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 XTB 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 XTB provides 24/5 Live Chat, Email, Phone with a score of 8.5/10. 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 XTB scores 8/10. FP Markets accepts Bank Transfer, Credit Card, PayPal, Skrill, Neteller, and XTB supports Bank Transfer, Credit Card, PayPal, Skrill. Processing times, fees, and available currencies vary. FP Markets requires a minimum deposit of $100 versus $0 for XTB. Always check withdrawal conditions and any potential fees before funding your account.
Which Broker Is Right for You?
Choose XTB 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
- Responsive customer support matters to you
🗳️ Which Broker Do You Prefer?
Cast your vote — see what other traders think
Frequently Asked Questions
Is FP Markets better than XTB?
XTB scores higher overall (8.6/10 vs 8.2/10), winning 6 of 8 categories. However, FP Markets remains competitive. The best choice depends on what matters most to your trading style.
Which has lower fees, FP Markets or XTB?
FP Markets scores higher for trading costs. FP Markets offers spreads from 0.0 pips with a $100 minimum deposit, while XTB starts from 0.5 pips with $0 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. XTB is regulated by FCA, CySEC, KNF 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 XTB?
XTB scores 9/10 for platforms. FP Markets offers MT4, MT5, cTrader, IRESS, while XTB provides xStation 5, xStation Mobile. Your ideal platform depends on whether you prefer proprietary tools, MetaTrader, or third-party solutions.
What's the minimum deposit for FP Markets vs XTB?
FP Markets requires a minimum deposit of $100, while XTB requires $0. XTB 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.