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FP Markets vs FXTM (2026): Which Broker Is Actually Better?
We compare FP Markets against FXTM across spreads, regulations, platforms, and trading costs. Read our algorithmic breakdown and expert verdict to find out which broker suits your trading style in 2026.
Which is better: FP Markets or FXTM?
Sources & References
- BrokerAnalysis ranking methodology— BrokerAnalysis
- BrokerAnalysis data sources— BrokerAnalysis
- BrokerAnalysis editorial policy— BrokerAnalysis
Verified promotions on this matchup
We keep this factual and secondary to safety, pricing, and platform fit. Terms still matter.
FP Markets
Deposit Match50% Deposit Bonus + Commission Rebates
Up to 50% deposit bonus (region-dependent). Plus 25% commission rebates or $3.00 from spread.
FXTM
Welcome Bonus$500 Welcome Bonus on First Deposit
$500 non-withdrawable trading credit with code HELLOFXTM. Volume-based commission discounts.
Verdict: It's a Tie
Both FP Markets and FXTM offer exceptional trading environments with distinct strengths. FP Markets is ideal for ecn traders, scalpers & australian clients, while FXTM excels for african & asian traders & copy trading users. Your choice should depend entirely on whether you prioritize true ecn pricing from 0.0 pips or fca and cysec regulated.
FP Markets vs FXTM: Side-by-Side Comparison
| Feature | | |
|---|---|---|
| Founded | 2005 | 2011 |
| Overall Rating | 4.5/5.0 | 4.4/5.0 |
| Minimum Deposit | $100 | $10 |
| EUR/USD Spread | 0.0 pips (Raw) | 0.0 pips (ECN) | 1.5 pips (Standard) |
| Maximum Leverage | 1:500 | 1:2000 |
| MetaTrader 4 | Yes | Yes |
| MetaTrader 5 | Yes | Yes |
| cTrader | Yes | No |
| TradingView | No | No |
| Copy Trading | Yes | Yes (FXTM Invest) |
| Forex Pairs | 70+ | 60+ |
| Deposit Methods | Card, Bank, Skrill, Neteller, Crypto | Card, Bank, Skrill, Neteller, Local |
| Withdrawal Speed | Same day to 1 business day | 24 hours |
| Execution Type | ECN / DMA | ECN / STP |
FP Markets vs FXTM: Fee Breakdown
When comparing the trading costs between FP Markets and FXTM, it's essential to look beyond just the advertised spreads. We must factor in commissions, swap rates, and non-trading fees like deposit or inactivity charges. FP Markets offers pricing characterized by $3/lot (Raw) alongside 0.0 pips (Raw) spreads. In contrast, FXTM utilizes a model with $2/lot (ECN Zero) and 0.0 pips (ECN) | 1.5 pips (Standard) spreads. For active, high-volume traders, either broker provides the superior cost-efficiency curve.
| Fee Type | FP Markets | FXTM |
|---|---|---|
| EUR/USD Spread | 0.0 pips (Raw) | 0.0 pips (ECN) | 1.5 pips (Standard) |
| Commission Defaults | $3/lot (Raw) | $2/lot (ECN Zero) |
| Execution Model | ECN / DMA | ECN / STP |
| Deposit Fees | None | None |
| Withdrawal Speed | Same day to 1 business day | 24 hours |
Safety & Regulation: Is FP Markets or FXTM Safer?
Trust is paramount in forex trading. Both FP Markets and FXTM are highly regulated entities, but their jurisdictional footprints differ. FP Markets is armed with 2 Tier-1 licenses and has been securing client funds since 2005. FXTM, licensed since 2011, counters with 2 Tier-1 regulatory bodies overseeing its operations. They are evenly matched in terms of top-tier trust metrics. Both brokers employ strict client fund segregation.
FP Markets
Tier 1- Regulators:ASIC (Australia)CySEC (Cyprus)SVG FSA
- Investor Protection: Segregated client funds / €20,000 ICF
- Licensed Since: 2005
FXTM
Tier 1- Regulators:FCA (UK)CySEC (Cyprus)FSCA (South Africa)FSC (Mauritius)
- Investor Protection: £85,000 (FSCS) / €20,000 (ICF)
- Licensed Since: 2011
Platform & Tools Comparison
The software you trade on dictates your execution speed and analytical depth. Both brokers provide industry stalwarts, but divergencies exist. FP Markets equips its clients with MT4, MT5, cTrader, IRESS. FXTM, on the other hand, grants access to MT4, MT5, FXTM Trader App. If you rely on third-party EA automation, this section heavily dictates your broker choice.
| Feature | FP Markets | FXTM |
|---|---|---|
| MetaTrader 4 | ||
| MetaTrader 5 | ||
| cTrader | ||
| TradingView | ||
| Proprietary Environment | Yes (IRESS) | Yes (FXTM Trader) |
| Copy Trading Network | Yes (FXTM Invest) |
Pros & Cons: FP Markets vs FXTM
FP Markets
Pros
- True ECN pricing from 0.0 pips
- ASIC and CySEC regulated
- cTrader and IRESS platforms
- Over 10,000 tradable instruments
- Excellent execution speeds
Cons
- $100 minimum deposit
- IRESS platform has additional fees
- Limited educational content
FXTM
Pros
- FCA and CySEC regulated
- Low $10 minimum deposit
- FXTM Invest copy trading
- Excellent local support in Africa
- Multiple account types
Cons
- High swap rates on some pairs
- ECN account has higher minimum deposit
- No cTrader or TradingView
Expert Verdict: FP Markets vs FXTM
When we place FP Markets and FXTM side-by-side, we observe two distinct philosophies in client servicing. FP Markets, licensed since 2005, has carved out a massive niche focusing on ecn traders, scalpers & australian clients. Their execution model heavily leans into ECN / DMA, and their platform environment highlights MT4.
Conversely, FXTM, operational out of Cyprus, has architected its infrastructure predominantly for african & asian traders & copy trading users. Their $2/lot (ECN Zero) commission structure combined with 0.0 pips (ECN) | 1.5 pips (Standard) spreads makes them a formidable competitor.
The Bottom Line: If your primary directive is true ecn pricing from 0.0 pips, and you intend to start with a minimum of $100, FP Markets is the logical path forward. If, however, you value fca and cysec regulated and require MT4, FXTM edges out the competition and earns our recommendation.
FP Markets vs FXTM: Frequently Asked Questions
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Risk Warning: Forex and CFD trading involves significant risk of loss. 68–80% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.|Affiliate Disclosure: We may receive compensation from the brokers listed on this page. This does not influence our rankings or reviews, which are based on independent analysis.
Comparison data updated February 2026. Broker terms, spreads, and conditions vary by region and account type. See our methodology | Editorial Policy | Data Sources | Full Disclaimer | Privacy Policy