FP Marketsvs
FxProForex Broker Comparison
Two regulated forex brokers face off: FP Markets and FxPro, each offering multiple platforms and ECN-like pricing. The tension centers on cost, regulation, and platform breadth.
Our Verdict
FP Markets winsby 0.2 pts
FP Markets edges FxPro on the editorial score, driven by stronger regulation and higher category scores. FxPro remains competitive with multi-platform support and solid regulation.
No commercial relationship. The verdict and scores are entirely editorial. No payment influences this comparison.
Key Differences
- 1Instrument variety: FP Markets offers about 10,000 instruments vs FxPro's 2,100.
- 2Platform breadth: FxPro offers proprietary Web/Mobile platform.
- 3Regulatory coverage: FxPro lists FCA, CySEC, FSCA; FP Markets lists ASIC, CySEC.
Who should choose FP Markets vs FxPro?
Find out which broker best suits your trader profile.
Choose FP Markets if…
Choose FP Markets if you want true ECN pricing from 0 pips with $6/lot and IRESS access for share CFDs.
Choose FxPro if…
Choose FxPro if you want MT4/MT5 and cTrader alongside a proprietary Web/Mobile platform.
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 1.20 pips for FxPro, reducing trading costs.
Best for safety & regulation
It’s a tie
Both equally suited
FP Markets vs FxPro: Side-by-Side Forex Broker Comparison
Score
= highlighted score shows which broker leads in that category| Editorial score | 4.5/ 5 | 4.3/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.6 / 5▲ | 4.4 / 5 |
FP Markets vs FxPro Forex Broker Pros & Cons
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
FP Markets vs FxPro: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
0
FP Markets
criteria wins
1
FxPro
criteria win
Highlighted rows show where the two brokers differ
| Criteria | FP Markets | FxPro |
|---|---|---|
| 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 | Pass |
| 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 |
FP Markets vs FxPro: Frequently Asked Questions
The scores are close: FP Markets rates 4.5/5 and FxPro rates 4.3/5. 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 FxPro's 1.2 pips. Tighter spreads lower the cost per trade, which matters most for high-frequency and scalping strategies.
Both FP Markets and FxPro require a minimum deposit of $100 to open a live trading account.
Both FP Markets and FxPro 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, both brokers provide negative balance protection. Also compare demo account availability and educational resources on each broker's site before deciding.
FP Markets lists maximum leverage of 500:1, while FxPro 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.
FP Markets charges $6 per lot, lower than FxPro's $7 per lot. Lower commissions benefit active traders who execute many trades per day.
FP Markets supports cTrader, IRESS, MetaTrader 5, TradingView, MetaTrader 4, while FxPro supports cTrader, MetaTrader 5, Proprietary Web/Mobile, MetaTrader 4. Both provide cTrader and MetaTrader 5 and MetaTrader 4. FP Markets has exclusive access to IRESS and TradingView. FxPro has exclusive access to Proprietary Web/Mobile.
