FP Marketsvs
LibertexStock Broker Comparison
FP Markets and Libertex face off on pricing models, platform breadth, and global access. The matchup tests whether higher regulation and wider exchange access trump zero-spread pricing.
Our Verdict
FP Markets winsClear Winner
FP Markets edges Libertex on the higher editorial score and broader exchange access with IRESS DMA. Libertex remains a zero-spread, commission-based option under CySEC.
FP Markets
4.1/5
Libertex
3.5/5
Key Differences
- 1FP Markets provides IRESS DMA with 15 exchange access
- 2Libertex operates zero-spread pricing with a commission-based model
- 3FP Markets is dual-regulated by ASIC and CySEC
Who should choose FP Markets vs Libertex?
Find out which stock broker best suits your investing profile.
Choose FP Markets if…
Choose FP Markets if you want direct-access share CFDs via IRESS and DMA across 15 exchanges.
Choose Libertex if…
Choose FP Markets if you value strong ASIC and CySEC regulation. Choose Libertex if you want zero-spread pricing with a commission-based model. Choose Libertex if you prefer a proprietary platform with a clean equity analysis interface.
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 is regulated by ASIC and CySEC.
Best for active traders
Recommended
FP Markets vs Libertex: Side-by-Side Stock Broker Comparison
 |  | |
|---|---|---|
| Editorial score | 4.1/ 5 | 3.5/ 5 |
| Min deposit | $100 | $10▼ lower |
| Spreads from | 0 pips | 0 pips |
| Commission / lot | $6/lot | N/A |
FP Markets vs Libertex 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 Libertex: 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
Libertex
criteria wins
Highlighted rows show where the two brokers differ
| Criteria | FP Markets | Libertex |
|---|---|---|
| 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 Libertex: Frequently Asked Questions
FP Markets rates 4.1/5 versus 3.5/5 for Libertex. FP Markets edges ahead on our composite score, though both brokers meet a reasonable standard for most traders.
Both FP Markets and Libertex start from the same spread of 0. For stock trading, also compare per-trade or per-share commissions to determine the total cost per transaction.
Libertex has $10, while FP Markets requires at least $100. This makes Libertex more accessible for traders with limited starting capital.
Both FP Markets and Libertex 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: Libertex 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 20:1, while Libertex lists up to 999:1. 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 Libertex 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 Libertex supports MetaTrader 5, Proprietary Web/Mobile, MetaTrader 4. Both provide MetaTrader 5 and MetaTrader 4. FP Markets has exclusive access to cTrader and IRESS and TradingView. Libertex has exclusive access to Proprietary Web/Mobile.
Neither FP Markets nor Libertex 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 Libertex 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.
