In this comparison, Errante and FP Markets square off on regulation, pricing, and platform depth. The key tension centers on raw spreads, platform variety, and the breadth of tradable instruments.
Find out which broker best suits your trader profile.
Choose if…
Choose Errante if you want a low $50 minimum deposit and MT4/MT5 access with Pro ECN 0.0 pip spreads at $3/lot.
Choose if…
Choose FP Markets if you prefer true ECN pricing from 0.0 pips and broad platform options including MT4/MT5, cTrader, TradingView and IRESS with leverage to 500:1.
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
| Editorial score | 3.8/ 5 | 4.5/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.0 / 5 | 4.6 / 5▲ |
Pros
CySEC (440/23) regulation with ICF compensation up to EUR 20,000
$50 minimum deposit on standard account
Pro ECN account: 0.0 pip raw spreads at $3/lot commission
MT4 and MT5 available
Regulated by top-tier authorities (FCA, ASIC, CySEC)
A closer look at the specific criteria each broker meets or misses within each scoring category.
| Criteria | Errante | FP Markets |
|---|---|---|
| Trust & Regulation | ||
| Top-tier regulator (FCA, ASIC, CFTC, etc.) | Pass | Pass |
| Segregated client funds | Pass | Pass |
| Negative balance protection | Pass | Pass |
| Compensation scheme (e.g. FSCS) | Pass | Pass |
| Fees & Spreads | ||
| Raw/ECN spreads available | Pass | Pass |
| No deposit fee | Pass | Pass |
| No inactivity fee | Pass | Pass |
| Transparent pricing page | Pass | Pass |
| Platforms & Tools | ||
| MT4/MT5 available | Pass | Pass |
| Proprietary platform | Fail | Fail |
| Mobile app | Pass | Pass |
| Advanced charting tools | Fail | Pass |
| Customer Support | ||
| 24/5 live chat | Pass | Pass |
| Phone support | Pass | Pass |
| Multilingual support | Pass | Pass |
FP Markets rates 4.5/5 versus 3.8/5 for Errante. FP Markets edges ahead on our composite score, though both brokers meet a reasonable standard for most traders.
Both Errante and FP Markets start from 0 pips, making them equivalent on this metric. Compare commissions and account types to evaluate total trading costs.
Errante has $50, while FP Markets requires at least $100. This makes Errante more accessible for traders with limited starting capital.
Both Errante and FP Markets hold licences from top-tier regulators, indicating a high standard of regulatory oversight. Check each broker's specific regulatory bodies to confirm coverage in your jurisdiction.
For beginners, two factors stand out: Errante requires a lower minimum deposit ($50), lowering the barrier to entry, and both brokers provide negative balance protection. Also compare demo account availability and educational resources before deciding.
Errante lists maximum leverage of 30:1, while FP Markets lists up to 500:1. Available leverage depends on your jurisdiction. EU retail clients under ESMA rules are capped at 1:30 on major forex pairs.
Errante charges $3 per lot, lower than FP Markets's $6 per lot. Lower commissions benefit active traders who execute many trades per day.
Errante supports MetaTrader 4, MetaTrader 5, while FP Markets supports IRESS, TradingView, cTrader, MetaTrader 4, MetaTrader 5. Both provide MetaTrader 4 and MetaTrader 5. FP Markets has exclusive access to IRESS and TradingView and cTrader.
Both brokers offer spreads from 0.00 pips.
FP Markets wins safety and regulation with ASIC and CySEC oversight.
FP Markets suits active traders with 500:1 leverage and broad platform access.
Errante is better suited for scalpers: lower commission ($3/lot).
FP Markets wins platform choice for MT4/MT5, cTrader, TradingView, and IRESS.
FP Markets wins instrument variety with 10,000 instruments.
Fees & Spreads 30% weight | 4.2 / 5 | 4.5 / 5▲ |
|---|
Platforms & Tools 20% weight | 3.7 / 5 | 4.4 / 5▲ |
|---|
Customer Support 10% weight | 3.9 / 5 | 4.3 / 5▲ |
|---|
| Founded | 2017 | 2005 |
|---|
| Headquarters | Limassol, Cyprus | Sydney, Australia |
|---|
| Min Deposit | $50▼ lower | $100 |
|---|
| Spreads From | 0 pips | 0 pips |
|---|
| Commission / lot | $3/lot▼ lower | $6/lot |
|---|
| 0.3 pips▼ lower | 0.6 pips |
| Max Leverage | 30:1 | 500:1▲ higher |
|---|
| Inactivity Fee | None | None |
|---|
| Deposit Fee | Free | Free |
|---|
| Deposit methods | Bank transferCredit cardDebit cardSkrillNeteller | Bank transferCredit cardDebit cardSkrillNetellerPOLiPayPal |
|---|
| Withdrawal methods | Bank transferCredit cardSkrillNeteller | Bank transferCredit cardSkrillNetellerPOLi |
|---|
| Withdrawal Fee | Free | Free |
|---|
| Regulators | CySEC FSA Seychelles | ASIC CySEC |
|---|
| Platforms | MetaTrader 4 MetaTrader 5 | IRESS TradingView cTrader MetaTrader 4 MetaTrader 5 |
|---|
| Active bonuses |
|---|
Client funds held in segregated accounts
Negative balance protection
Investor compensation scheme coverage
No deposit fees
No inactivity fee
MetaTrader 4 and MetaTrader 5 supported
Mobile trading app available
Transparent pricing with clear cost disclosure
24/5 live chat support
Phone support available
Multilingual customer support
Pros
True ECN pricing from 0.0 pips + $6 round-turn commission
Supports MT4, MT5, and cTrader, all three major platforms
IRESS platform for direct-access share CFD trading
Strong ASIC and CySEC regulation
Client funds held in segregated accounts
Negative balance protection
Investor compensation scheme coverage
Raw spread account available
No deposit fees
No inactivity fee
MetaTrader 4 and MetaTrader 5 supported
Mobile trading app available
Advanced charting tools included
Transparent pricing with clear cost disclosure
24/5 live chat support
Phone support available
Multilingual customer support
Cons
Small broker with limited balance sheet transparency
No cTrader, no TradingView integration
Research and educational content minimal
Non-EU clients on FSA Seychelles lighter framework
No proprietary platform
Limited charting capabilities
Cons
IRESS platform has a monthly fee for lower-volume traders
Customer support primarily oriented toward Australian trading hours
Not available to US residents
No proprietary platform
FP Markets outperforms Errante on the editorial score. It also offers broader platform access and more tradable instruments.
Dig deeper into each broker’s features, fees, and regulation.
Score 3.8 / 5
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