eToro vs FP Markets
Can't decide between eToro and FP Markets? We've put both brokers head-to-head. Compare their spreads, regulation, platforms, and fees below.
Last updated: May 10, 2026
Executive Summary
eToro and FP Markets are both well-established forex brokers, but they serve different types of traders. eToro scores 92/100 in our TrustMetrics™ system, matching FP Markets's 92/100.
On pricing, FP Markets offers tighter EUR/USD spreads (0.1 pips vs 1 pips). eToro supports eToro Custom Platform while FP Markets offers MT4, MT5, cTrader, Iress, TradingView, giving FP Markets more platform options.
For regulation, eToro holds licenses from FCA, ASIC, CySEC, FinCEN while FP Markets is regulated by ASIC, CySEC, FSA. Both brokers offer segregated client funds and are considered safe for retail trading.
The Verdicts
Most Trusted
Both brokers scored a 92/100 in our trust ratings, indicating top-tier safety.
Lowest Spreads
FP Markets offers better pricing with an average EUR/USD spread of 0.1 pips, beating the 1 pip average of its competitor.
Best for Beginners
Both brokers require a $100 minimum deposit, making them equally accessible.
Detailed Comparison
| Feature | eToro | FP Markets |
|---|---|---|
| Trust Score | 92/100 | 92/100 |
| Spreads From | 1.0 pips | 0.0 pips |
| Avg EUR/USD Spread | 1 pips | 0.1 pips |
| Commission | $0 | $6.00/lot |
| Execution Speed | 50ms | 30ms |
| Max Leverage | 1:30 | 1:500 |
| Minimum Deposit | $100 | $100 |
| Instruments | 3,000+ | 10,000+ |
| Account Types | Retail, Professional | Standard, Raw, Iress |
| Platforms | eToro Custom Platform | MT4, MT5, cTrader, Iress, TradingView |
| Top Regulators | FCA, ASIC, CySEC, FinCEN | ASIC, CySEC, FSA |
| Withdrawal Speed | 2-5 business days | 1-2 business days |
| Inactivity Fee | $10 per month (after 12 months) | $0 |
| Customer Support | 24/5 Live Chat, Ticketing System | 24/7 Live Chat, Email, Phone |
Which Broker Should You Choose?
eChoose eToro if...
- ✓You are a beginner and value education and simplicity
- ✓Maximum regulatory protection is your top priority
- ✓You value copy trading and social trading
FChoose FP Markets if...
- ✓You need the tightest possible spreads for scalping
- ✓You want to trade directly from TradingView charts
- ✓You prefer cTrader's advanced order management
- ✓You need access to a massive range of instruments
- ✓You are a scalper or algorithmic trader
eToro Pros & Cons
Pros
- ✓ Incredible CopyTrader feature allows you to auto-copy top investors
- ✓ Commission-free real stock and ETF investing
- ✓ Extremely intuitive, user-friendly mobile app
- ✓ Huge community for social sentiment and discussion
Cons
- × High forex spreads (EUR/USD starts at 1.0 pips)
- × $5 flat withdrawal fee
- × No MetaTrader or advanced charting software
- × Account currency is exclusively in USD (conversion fees apply)
FP Markets Pros & Cons
Pros
- ✓ True ECN pricing with 0.0 pips on majors frequently
- ✓ Very competitive $6.00/lot round-turn commission
- ✓ Access to 10,000+ global stocks via the Iress platform
- ✓ Full suite of platforms: MT4, MT5, cTrader, and TradingView
Cons
- × Iress platform requires a higher minimum deposit ($1,000) and has platform fees
- × Educational content is decent but not industry-leading
The Bottom Line: eToro vs FP Markets
- ✓ Copy Trading
- ✓ Social Trading
- ✓ Crypto Investing
- ✓ Passive Income
- ✓ Lower minimum deposit ($100)
- ✓ ECN Trading
- ✓ Low Commissions
- ✓ Stock CFDs
- ✓ cTrader
- ✓ Tighter EUR/USD spreads (0.1 pips)
- ✓ Lower minimum deposit ($100)
Both brokers are featured in our top broker rankings. Your choice should depend on your specific trading style, preferred platform, and geographical location.
Frequently Asked Questions
Which is safer: eToro or FP Markets?
Both brokers scored a 92/100 in our trust ratings, indicating top-tier safety.
Who has lower spreads: eToro or FP Markets?
FP Markets offers better pricing with an average EUR/USD spread of 0.1 pips, beating the 1 pip average of its competitor.
Which has a lower minimum deposit: eToro or FP Markets?
Both brokers require a $100 minimum deposit, making them equally accessible.
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