Exness vs FP Markets Forex Broker Comparison
A head-to-head comparison of Exness and FP Markets across regulation, trading costs, platforms, and editorial scoring.
Exceptional value for developing-market traders - instant withdrawals, $1 minimum deposit, and ultra-competitive raw spread pricing.
VS
Score 4.5 / 5
4 bonusesTrue ECN pricing, all three major platforms, strong ASIC regulation, and IRESS integration for share CFDs - a complete package for active traders.
Our Verdict
Too close to call0.1 pts apart
Exness and FP Markets are extremely closely matched with scores of 4.4/5 and 4.5/5. The right choice depends on your individual trading priorities.
Verdict by Trader Profile
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
Best for low cost trading
Recommended
FP Markets offers tighter spreads from 0 pips vs 0.3 pips for Exness, reducing trading costs.
Best for safety & regulation
It's a tie
Both equally suited
Both brokers show an equally strong safety profile across regulation, fund protection, and client safeguards.
Best for active traders
It's a tie
Both equally suited
Both brokers offer equivalent trading costs across spreads, commissions, and account types.
Best for platform choice
Recommended
FP Markets offers more exclusive platform options: cTrader, TradingView, IRESS.
Best for beginners
Recommended
FP Markets edges out Exness with a higher editorial score (4.5/5 vs 4.4/5), indicating a stronger overall experience for new traders.
Exness vs FP Markets: Side-by-Side Forex Broker Comparison
Score
= highlighted score shows which broker leads in that category| Editorial score | 4.4/ 5 | 4.5/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.3 / 5 | 4.6 / 5▲ |
Fees & Spreads 30% weight | 4.6 / 5▲ | 4.5 / 5 |
Platforms & Tools 20% weight | 4.4 / 5 | 4.4 / 5 |
Customer Support 10% weight | 4.3 / 5 | 4.3 / 5 |
| Founded | 2008 | 2005 |
| Headquarters | Limassol, Cyprus | Sydney, Australia |
| Min deposit | $1 | $100 |
| Spreads from | 0.3 pips | 0 pips |
| Commission / lot | $3.5/lot | $6/lot |
| Max leverage | 2000:1 | 500:1 |
| Withdrawal fee | Free | Free |
| Regulators | FCA FSCA CySEC OJK | ASIC CySEC |
| Platforms | MetaTrader 4 MetaTrader 5 | MetaTrader 4 MetaTrader 5 cTrader TradingView IRESS |
| Active bonuses | ||
| Visit broker | Visit Exness | Visit FP Markets |
Exness vs FP Markets Forex Broker Pros & Cons
Pros
Near-unlimited leverage on offshore entity
Extremely low $1 minimum deposit on Standard account
Instant withdrawals available 24/7 including weekends
One of the world's highest-volume retail FX brokers
Regulated by top-tier authorities (FCA, ASIC, CySEC)
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
Advanced charting tools included
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
Not available to US residents
EU clients face significant leverage restrictions
Unlimited leverage carries extreme risk for inexperienced traders
No proprietary platform
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
Exness vs FP Markets: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
Highlighted rows show where the two brokers differ
| Criteria | Exness | 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 | Pass | Pass |
| Customer Support | ||
| 24/5 live chat | Pass | Pass |
| Phone support | Pass | Pass |
| Multilingual support | Pass | Pass |
Exness vs FP Markets: Frequently Asked Questions
Based on our independent editorial scoring, FP Markets ranks higher with a score of 4.5/5 vs 4.4/5 for Exness. The best choice still depends on your individual trading needs; Exness and FP Markets may each suit different trader profiles.
FP Markets offers tighter spreads starting from 0 pips, compared to Exness's spreads from 0.3 pips. Tighter spreads lower the cost per trade, particularly valuable for high-frequency and scalping strategies.
Exness has a lower minimum deposit of $1, while FP Markets requires at least $100. This makes Exness more accessible for traders with limited starting capital.
Both Exness and FP Markets hold licences from top-tier regulators, indicating a high standard of regulatory oversight. Both are considered safe. Check each broker's specific regulatory bodies to confirm coverage in your jurisdiction.
For beginners: Exness has a lower minimum deposit ($1), lowering the barrier to entry; both brokers offer negative balance protection. Also weigh up educational resources and customer support quality before deciding.
Exness offers maximum leverage of 2000:1, while FP Markets offers up to 500:1. Available leverage varies by account type, instrument, and jurisdiction. Higher leverage amplifies both potential profits and losses. Always use appropriate risk management.
Exness charges $3.5 per lot, lower than FP Markets's $6 per lot. Lower commissions benefit active traders who execute many trades per day.
Exness supports MetaTrader 4, MetaTrader 5 and FP Markets offers MetaTrader 4, MetaTrader 5, cTrader, TradingView, IRESS; both support MetaTrader 4, MetaTrader 5; FP Markets exclusively offers cTrader, TradingView, IRESS.
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Score 4.4 / 5
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