FP Marketsvs
FXTMStock Broker Comparison
In this head-to-head, FP Markets and FXTM compete across regulation, platforms, and trading tools. The matchup tests which broker delivers stronger overall editorial value.
Our Verdict
FP Markets winsby 0.4 pts
FP Markets outperforms FXTM on editorial score. FP Markets also benefits from stronger Trust & Regulation and Platforms & Tools scores.
No commercial relationship. The verdict and scores are entirely editorial. No payment influences this comparison.
Key Differences
- 1FP Markets offers 24/5 live chat support.
- 2FP Markets provides built-in research tools.
- 3FP Markets includes a stock screener.
Who should choose FP Markets vs FXTM?
Find out which stock broker best suits your investing profile.
Choose FP Markets if…
Choose FP Markets if you want 24/5 live chat. It also offers robust research tools and a stock screener.
Choose FXTM if…
Choose FXTM if you prefer broader regulator coverage. It also provides access to 6 exchanges.
Verdict by Trader Profile
Which broker wins for each type of stock trader, based on costs, safety, features, and editorial scoring.
Best for safety & regulation
It’s a tie
Both equally suited
FP Markets wins for safety with ASIC and CySEC oversight.
Best for active traders
Recommended
FP Markets vs FXTM: Side-by-Side Stock Broker Comparison
 |  | |
|---|---|---|
| Editorial score | 4.1/ 5 | 3.7/ 5 |
| Min deposit | $100 | No minimum▼ lower |
| Spreads from | 0 pips▼ lower | 1.5 pips |
| Commission / lot | $6/lot | N/A |
FP Markets vs FXTM Stock Broker Pros & Cons
Pros
- IRESS platform provides genuine DMA access to ASX, NYSE, LSE, and other exchanges
- 10,000+ share CFDs available on MT4, MT5, cTrader, and TradingView
- ASIC and CySEC regulation, among the strongest regulatory profiles for a mid-tier broker
- No platform fee for standard share CFD trading (IRESS fee only for DMA users)
Cons
- IRESS DMA incurs a monthly fee (~AUD 55), uneconomical for low-frequency traders
FP Markets vs FXTM: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
2
FP Markets
criteria wins
0
FXTM
criteria wins
Highlighted rows show where the two brokers differ
| Criteria | FP Markets | FXTM |
|---|---|---|
| Trust & Regulation | ||
| Top-tier regulator (FCA, ASIC, SEC, etc.) | Pass | Pass |
| Segregated client funds | Pass | Pass |
| Negative balance protection | Pass | Pass |
| Compensation scheme (e.g. FSCS, SIPC) | Pass | Pass |
| Costs | ||
| Commission-free trading | Fail | Fail |
| Features | ||
| Fractional shares | Fail | Fail |
| Dividend reinvestment (DRIP) | Fail | Fail |
| Extended hours trading | Fail | Fail |
| IPO access | Fail | Fail |
| Short selling | Pass | Pass |
| Stock screener tool | Pass | Fail |
| Support | ||
| Mobile app | Pass | Pass |
| Advanced charting tools | Pass | Pass |
| 24/5 live chat | Pass | Fail |
| Phone support | Pass | Pass |
FP Markets vs FXTM: Frequently Asked Questions
The scores are close: FP Markets rates 4.1/5 and FXTM rates 3.7/5. 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 lists tighter spreads from 0, compared with FXTM's 1.5. For stock trading, also factor in any per-trade or per-share commissions — spreads and commissions together determine the true cost per trade.
FXTM has no minimum deposit, 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 has no minimum deposit, removing the capital barrier entirely, and both brokers provide negative balance protection. Also compare demo account availability and educational resources before deciding.
FP Markets lists maximum leverage of 20:1, while FXTM lists up to 20:1. 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 trade on commission-based accounts. Commission details for FXTM are not currently available. Check their website for up-to-date pricing. Stock commissions may be charged as a flat rate per trade or per share; confirm the exact structure on each broker's website.
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.
Neither FP Markets nor FXTM is listed as offering commission-free trading in our data. Compare each broker's commission schedule directly, as fees vary by account type and the markets you trade.
Both FP Markets and FXTM are covered by a compensation scheme according to our data, providing an additional safety net for your stock investments. Confirm the specific scheme and coverage limit that applies to your account before depositing.
