FP Marketsvs
FXTMForex Broker Comparison
This comparison pits FP Markets against FXTM across regulation, pricing, and platform choices. The tension centers on platform breadth and instrument variety.
Our Verdict
FP Markets winsby 0.3 pts
FP Markets edges FXTM on the editorial score due to stronger platform breadth and instrument variety. FP Markets is the overall winner.
No commercial relationship. The verdict and scores are entirely editorial. No payment influences this comparison.
Key Differences
- 1Instruments: FP Markets 10,000 vs FXTM 600.
- 2Platform breadth: FP Markets offers cTrader and IRESS; FXTM uses MT4/MT5.
- 3Regulation: FXTM adds FCA; FP Markets relies on ASIC and CySEC.
Who should choose FP Markets vs FXTM?
Find out which broker best suits your trader profile.
Choose FP Markets if…
Choose FP Markets for true ECN pricing and access to MT4, MT5, and cTrader.
Choose FXTM if…
Choose FXTM if you want a low minimum deposit and strong copy trading with FXTM Invest.
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 1.50 pips for FXTM, reducing trading costs.
Best for safety & regulation
It’s a tie
Both equally suited
FP Markets vs FXTM: Side-by-Side Forex Broker Comparison
Score
= highlighted score shows which broker leads in that category| Editorial score | 4.5/ 5 | 4.2/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.6 / 5▲ | 4.2 / 5 |
FP Markets vs FXTM 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 FXTM: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
1
FP Markets
criteria win
0
FXTM
criteria wins
Highlighted rows show where the two brokers differ
| Criteria | FP Markets | FXTM |
|---|---|---|
| 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 | Fail |
| Customer Support | ||
| 24/5 live chat | Pass | Pass |
| Phone support | Pass | Pass |
| Multilingual support | Pass | Pass |
FP Markets vs FXTM: Frequently Asked Questions
The scores are close: FP Markets rates 4.5/5 and FXTM rates 4.2/5. 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 FXTM's 1.5 pips. Tighter spreads lower the cost per trade, which matters most for high-frequency and scalping strategies.
FXTM has $10, while FP Markets requires at least $100. This makes FXTM more accessible for traders with limited starting capital.
Both FP Markets and FXTM 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: FXTM requires a lower minimum deposit ($10), lowering the barrier to entry, and both brokers provide negative balance protection. Also compare demo account availability and educational resources before deciding.
FP Markets lists maximum leverage of 500:1, while FXTM lists up to 1000:1. 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 on commission-based accounts. Commission details for FXTM are not currently available. Check their website for up-to-date pricing.
FP Markets supports cTrader, IRESS, MetaTrader 5, TradingView, MetaTrader 4, while FXTM supports MetaTrader 5, MetaTrader 4. Both provide MetaTrader 5 and MetaTrader 4. FP Markets has exclusive access to cTrader and IRESS and TradingView.
