Exnessvs
FP MarketsForex Broker Comparison
Two regulated brokers debate cost, platforms, and scale. Exness emphasizes a $1 deposit and tight spreads, while FP Markets highlights platform diversity and a vast instrument universe.
Our Verdict
Too close to call0.1 pts apart
Exness and FP Markets are closely matched on regulation, costs, and platforms, but FP Markets' wider instrument universe stands out as the clearest differentiator.
No commercial relationship. The verdict and scores are entirely editorial. No payment influences this comparison.
Key Differences
- 1Instrument count: FP Markets offers 10,000 instruments vs Exness's 200.
- 2Platform breadth: FP Markets supports MT4/MT5, cTrader, TradingView, and IRESS.
- 3Regulatory scope: Exness is FCA-regulated; FP Markets relies on ASIC.
Who should choose Exness vs FP Markets?
Find out which broker best suits your trader profile.
Choose Exness if…
Choose Exness if you want the $1 minimum deposit and up to 2000:1 leverage. You gain MT4/MT5 access and instant withdrawals.
Choose FP Markets if…
Choose FP Markets if you prefer a $100 minimum deposit and broad platform access. You gain MT4/MT5, cTrader, TradingView, and IRESS.
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 0.00 pips vs 0.30 pips for Exness, reducing trading costs.
Best for safety & regulation
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▲ |
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)
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
The scores are close: Exness rates 4.4/5 and FP Markets rates 4.5/5. 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 starts from 0 pips, tighter than Exness's 0.3 pips. Tighter spreads lower the cost per trade, which matters most for high-frequency and scalping strategies.
Exness has $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. Check each broker's specific regulatory bodies to confirm coverage in your jurisdiction.
For beginners, two factors stand out: Exness requires a lower minimum deposit ($1), lowering the barrier to entry, and both brokers provide negative balance protection. Also compare demo account availability and educational resources before deciding.
Exness lists maximum leverage of 2000:1, 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.
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 5, MetaTrader 4, while FP Markets supports cTrader, IRESS, MetaTrader 5, TradingView, MetaTrader 4. Both provide MetaTrader 5 and MetaTrader 4. FP Markets has exclusive access to cTrader and IRESS and TradingView.
