Two paths to crypto exposure collide: a native exchange with on-chain assets and reserves vs a regulated CFD broker linked to markets. Tension centers on security, asset breadth, and regulation.
Bybit wins on editorial score, driven by stronger derivatives liquidity and a more feature-rich platform. FP Markets offers solid regulation and a no-commission crypto CFD option, but trails in crypto-native capabilities.
Find out which crypto exchange best suits your trading profile.
Choose Bybit if…
Choose Bybit if you want NFT trading and a native exchange. It publishes monthly proofs of reserves.
Choose FP Markets if…
Choose FP Markets for regulated crypto CFDs with segregated funds. Phone support is available and regulation is from ASIC and CySEC.
Which exchange wins for each type of crypto trader, based on security, fees, coin selection, and editorial scoring.
FP Markets wins for security due to segregated funds, negative balance protection, and ASIC/CySEC oversight.
| Criteria | ||
|---|---|---|
| Editorial score | 4.3/ 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 | Bybit | 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 | Pass | Fail |
| DeFi integration | Fail | Fail |
| NFT trading | Pass | 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: Bybit rates 4.3/5 and FP Markets rates 4/5. Bybit 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 Bybit. Check both exchanges' full fee schedules, including maker/taker rates, for up-to-date pricing.
Bybit has no minimum deposit, while FP Markets requires at least $100. This makes Bybit more accessible for traders looking to start with a smaller crypto investment.
FP Markets holds top-tier regulation (ASIC, CySEC), providing stronger investor protections. Bybit 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: Bybit 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.
Bybit offers up to 100:1 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.
Bybit 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.
Bybit supports Bybit, while FP Markets supports cTrader, IRESS, MetaTrader 5, TradingView, MetaTrader 4. Bybit has exclusive access to Bybit. FP Markets has exclusive access to cTrader and IRESS and MetaTrader 5 and TradingView and MetaTrader 4.
Bybit offers staking while FP Markets does not according to our data. Staking lets you earn passive yield on your crypto holdings directly through the exchange. Check Bybit's supported coins, lock-up terms, and estimated yields before committing.
Bybit lists 500+ coins while FP Markets does not meet this threshold in our data. For traders who want access to many altcoins, Bybit has the broader selection. Confirm specific coin availability for your region on each exchange's website.
In our data: Bybit supports NFT trading. DeFi and NFT features vary between platforms. Check each exchange's current Web3 integrations and supported chains before making a decision.
FP Markets offers no commission on crypto CFDs, with spread-based pricing.
Bybit leads with around 500 coins, expanding altcoin and DeFi exposure.
Bybit offers NFT trading and staking, boosting DeFi/Web3 exposure.
FP Markets provides regulatory oversight and protections suitable for beginners.
Bybit offers staking and yield-earning options while FP Markets does not, making Bybit the better choice for holders who want to earn passive income on their crypto.
| N/A |
| 0.6 pips |
| Inactivity Fee | None | None |
|---|
| Deposit Fee | Free (crypto/bank); card ~2% | Free |
|---|
| Deposit methods | CryptoBank transferCredit cardDebit card | Bank transferCredit cardDebit cardSkrillNetellerPOLiPayPal |
|---|
| Withdrawal methods | CryptoBank transferCredit card | Bank transferCredit cardSkrillNetellerPOLi |
|---|
| Withdrawal Fee | Network fee only | Free |
|---|
| Regulators | VARA MiCA | ASIC CySEC |
|---|
| Cold Storage | Yes | No |
|---|
| Proof of Reserves | Yes | No |
|---|
| Staking | Yes | No |
|---|
| DeFi Integration | No | No |
|---|
| NFT Trading | Yes | No |
|---|
| 500+ Coins | Yes | No |
|---|
| P2P Trading | Yes | No |
|---|
| Crypto Earn / Savings | Yes | No |
|---|
| Token Launchpad | Yes | No |
|---|
| Active bonuses | 2 offers | None |
|---|
Dig deeper into each broker’s features, fees, and regulation.
Score 4 / 5
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