This side-by-side comparison pits a native exchange against a CFD broker. The tension centers on asset depth, regulation, and trading tools.
Find out which crypto exchange best suits your trading profile.
Choose if…
Choose BingX if you want a native exchange with social trading and 700+ assets.
Choose if…
Choose FP Markets if you want regulated crypto CFDs with segregated client funds.
Which exchange wins for each type of crypto trader, based on security, fees, coin selection, and editorial scoring.
| Criteria | ||
|---|---|---|
| Editorial score | 3.9/ 5 | 4.0/ 5 |
| Min Deposit | No minimum▼ lower | $100 |
| Spreads From | N/A | 0 pips |
| Taker Fee | 0.10%▼ lower | 6.00% |
A closer look at the specific criteria each exchange meets or misses within each scoring category.
| Criteria | BingX | FP Markets |
|---|---|---|
| Security | ||
| Cold storage for assets | Pass | Fail |
| Proof of reserves published | Pass | Fail |
| Segregated client funds | Fail | Pass |
| Top-tier regulator (FCA, ASIC, etc.) | Fail | Pass |
| Fees | ||
| No deposit fee | Pass | Pass |
| No inactivity fee | Pass | Pass |
| Transparent pricing page | Pass | Pass |
| Features | ||
| Staking available | Fail | Fail |
| DeFi integration | Fail | Fail |
| NFT trading | Fail | Fail |
| 500+ coins listed | Pass | Fail |
| Support | ||
| Mobile app | Pass | Pass |
| 24/5 live chat | Pass | Pass |
| Phone support | Fail | Pass |
The scores are close: BingX rates 3.9/5 and FP Markets rates 4/5. FP Markets has a marginal edge in our scoring, but the difference is small enough that your specific priorities — fees, platforms, or regulatory jurisdiction — should guide the final choice.
FP Markets lists a spread from 0. Current spread data is not available for BingX. Check both exchanges' full fee schedules, including maker/taker rates, for up-to-date pricing.
BingX has no minimum deposit, while FP Markets requires at least $100. This makes BingX more accessible for traders looking to start with a smaller crypto investment.
FP Markets holds top-tier regulation (ASIC, CySEC), providing stronger investor protections. BingX may be regulated but does not hold top-tier status in our data. Verify regulatory status on each regulator's public register before depositing funds.
For beginners, two factors stand out: BingX has no minimum deposit, removing the capital barrier entirely, and FP Markets provides negative balance protection, capping losses at your deposit amount. Also compare demo account availability and educational resources before deciding.
BingX offers up to 150:1 on perpetual or margin products, versus FP Markets's 2:1 cap. Margin and futures trading carry higher risk than spot crypto; confirm product availability and jurisdiction-specific limits on each exchange's website.
BingX charges $0.1 per trade, lower than FP Markets's $6 per trade. Lower commissions benefit active traders who execute many trades per day. Crypto fees are typically quoted as maker/taker rates rather than fixed per-trade commissions; check each exchange's fee schedule for volume-based discounts.
BingX supports Proprietary Web/Mobile, while FP Markets supports IRESS, TradingView, cTrader, MetaTrader 4, MetaTrader 5. BingX has exclusive access to Proprietary Web/Mobile. FP Markets has exclusive access to IRESS and TradingView and cTrader and MetaTrader 4 and MetaTrader 5.
BingX lists 500+ coins while FP Markets does not meet this threshold in our data. For traders who want access to many altcoins, BingX has the broader selection. Confirm specific coin availability for your region on each exchange's website.
BingX wins for security with proof of reserves and cold storage options.
BingX offers competitive futures fees and no deposit or inactivity fees.
BingX suits beginners with $0 min deposit and social copy trading.
This category is equally matched.
| N/A |
| 0.6 pips |
| Inactivity Fee | None | None |
|---|
| Deposit Fee | Free | Free |
|---|
| Deposit methods | CryptoBank transferCredit cardDebit card | Bank transferCredit cardDebit cardSkrillNetellerPOLiPayPal |
|---|
| Withdrawal methods | CryptoBank transfer | Bank transferCredit cardSkrillNetellerPOLi |
|---|
| Withdrawal Fee | Network fee only | Free |
|---|
| Regulators | VARA | ASIC CySEC |
|---|
| Cold Storage | Yes | No |
|---|
| Proof of Reserves | Yes | No |
|---|
| Staking | No | No |
|---|
| DeFi Integration | No | No |
|---|
| NFT Trading | No | No |
|---|
| 500+ Coins | Yes | No |
|---|
| P2P Trading | No | No |
|---|
| Crypto Earn / Savings | No | No |
|---|
| Token Launchpad | No | No |
|---|
| Active bonuses | 2 offers | None |
|---|
BingX and FP Markets are closely matched, with BingX operating its own native exchange while FP Markets remains a CFD broker.
Dig deeper into each broker’s features, fees, and regulation.
Score 3.9 / 5
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