Forex.com

⭐ 4.5 / 5
VS

FP Markets

⭐ 4.5 / 5

Forex.com vs FP Markets — which broker is better in 2026?

We compared Forex.com and FP Markets across five core criteria: regulation, minimum deposit, spreads, platform choice, and overall user rating. The two brokers are evenly matched — your final choice depends on your specific trading style.

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Forex.com FP Markets Winner
Rating ⭐ 4.5 / 5 ⭐ 4.5 / 5 Tie
Regulators CFTC/NFA, FCA, ASIC, FSA Japan, MAS, CIMA, FSCA ASIC, CySEC, FSCA, FSA SVG Forex.com
Min. deposit $100 $100 Tie
Spreads from 0.8 pips (Standard) / 0.0 pips (RAW) 0.0 pips (Raw) FP Markets
Max. leverage Up to 1:30 (EU retail) / 1:50 (US) Up to 1:30 (EU retail) / 1:500 (offshore)
Platforms MT4, MT5, Web Trader, TradingView, MotiveWave MT4, MT5, cTrader, IRESS, FP Markets Mobile Tie
Founded 2001 2005
HQ Bedminster, New Jersey / London Sydney, Australia

Pros & cons compared

Forex.com pros

  • ✓ Tier-1 regulated in 7 jurisdictions including US CFTC/NFA
  • ✓ Part of StoneX Group (NASDAQ-listed) — audited financials
  • ✓ Multi-platform: MT4, MT5, Web Trader, TradingView, MotiveWave
  • ✓ 5,000+ instruments incl. share CFDs from 30+ global exchanges
  • ✓ Strong institutional research + market analysis

Cons

  • ✗ Spreads on Standard account wider than RAW + commission accounts
  • ✗ $100 minimum deposit
  • ✗ Inactivity fee of $15/month after 12 months dormant

FP Markets pros

  • ✓ Founded 2005 — 20+ year operating history
  • ✓ ASIC + CySEC dual tier-1 regulation
  • ✓ Raw account: 0.0 pips + $3/lot commission per side
  • ✓ Five platforms incl. IRESS — DMA access to ASX & global equities
  • ✓ 10,000+ share CFDs across 9 international exchanges

Cons

  • ✗ $100 minimum deposit higher than budget brokers
  • ✗ Smaller brand than IC Markets / Pepperstone
  • ✗ IRESS platform has steeper learning curve than MT4
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Which one should you choose?

Choose Forex.com if you want…

US-resident traders + multi-jurisdictional traders wanting a major publicly-listed broker with deep market access.

Choose FP Markets if you want…

Australian + EU traders wanting deep equity CFD coverage via IRESS plus ECN FX execution from a dual-tier-1 broker.

Frequently asked questions

Which is better — Forex.com or FP Markets?

Forex.com and FP Markets are evenly matched on most measurable criteria. Your choice should depend on which specific features matter most — review the comparison table above and the "Pros & Cons" section.

Is Forex.com more regulated than FP Markets?

Forex.com holds licenses from: CFTC/NFA, FCA, ASIC, FSA Japan, MAS, CIMA, FSCA. FP Markets holds licenses from: ASIC, CySEC, FSCA, FSA SVG. Forex.com has more regulatory licenses, giving it broader geographic coverage.

What are the spreads at Forex.com vs FP Markets?

Forex.com spreads start from 0.8 pips (Standard) / 0.0 pips (RAW). FP Markets spreads start from 0.0 pips (Raw). Actual spreads vary by account type and market conditions.

Which has a lower minimum deposit, Forex.com or FP Markets?

Forex.com: $100. FP Markets: $100. Both require the same minimum.