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.
FP Markets
⭐ 4.5 / 5
VS
XTB
⭐ 4.6 / 5
FP Markets vs XTB — which broker is better in 2026?
We compared FP Markets and XTB across five core criteria: regulation, minimum deposit, spreads, platform choice, and overall user rating. XTB wins on more criteria (3 categories vs 2), making it the stronger default for most traders. Both brokers remain reputable, independently tier-1 regulated options.
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| FP Markets | XTB | Winner | |
|---|---|---|---|
| Rating | ⭐ 4.5 / 5 | ⭐ 4.6 / 5 | XTB |
| Regulators | ASIC, CySEC, FSCA, FSA SVG | FCA, CySEC, KNF Poland, DFSA, BaFin, IFSC Belize | XTB |
| Min. deposit | $100 | $0 (no minimum) | XTB |
| Spreads from | 0.0 pips (Raw) | 0.5 pips (Standard) | FP Markets |
| Max. leverage | Up to 1:30 (EU retail) / 1:500 (offshore) | Up to 1:30 (EU retail) / 1:500 (offshore) | — |
| Platforms | MT4, MT5, cTrader, IRESS, FP Markets Mobile | xStation 5, xStation Mobile, MT4 | FP Markets |
| Founded | 2005 | 2002 | — |
| HQ | Sydney, Australia | Warsaw, Poland | — |
Pros & cons compared
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
XTB pros
- ✓ Listed on Warsaw Stock Exchange (XTB) — audited financials
- ✓ FCA + CySEC + KNF + DFSA + BaFin regulation
- ✓ Proprietary xStation 5 platform consistently ranked #1 in EU broker surveys
- ✓ Zero commission on real stocks/ETFs up to €100K/month
- ✓ No minimum deposit
Cons
- ✗ Spreads on Standard account (0.5–1.0 pips) wider than pure ECN brokers
- ✗ MT4 supported but xStation is the primary platform
- ✗ No cTrader option
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Which one should you choose?
Choose XTB if you want…
EU traders wanting an LSE-listed, multi-regulated broker with the best proprietary platform in retail and a strong stock-trading complement.
Frequently asked questions
Which is better — FP Markets or XTB?
Based on five comparison criteria (regulation, deposit, spreads, platforms, overall rating), XTB wins 3 categories. That makes it the stronger default choice — though both brokers remain reputable, independently tier-1 regulated options.
Is FP Markets more regulated than XTB?
FP Markets holds licenses from: ASIC, CySEC, FSCA, FSA SVG. XTB holds licenses from: FCA, CySEC, KNF Poland, DFSA, BaFin, IFSC Belize. XTB has more regulatory licenses, giving it broader geographic coverage.
What are the spreads at FP Markets vs XTB?
FP Markets spreads start from 0.0 pips (Raw). XTB spreads start from 0.5 pips (Standard). Actual spreads vary by account type and market conditions.
Which has a lower minimum deposit, FP Markets or XTB?
FP Markets: $100. XTB: $0 (no minimum). XTB has the lower entry barrier.