Forex.com vs FP Markets
Can't decide between Forex.com 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
Forex.com and FP Markets are both well-established forex brokers, but they serve different types of traders. Forex.com scores 97/100 in our TrustMetrics™ system, edging ahead of FP Markets's 92/100.
On pricing, FP Markets offers tighter EUR/USD spreads (0.1 pips vs 1.1 pips). Forex.com supports Advanced Trading Platform, Web Trader, MT4, MT5, TradingView while FP Markets offers MT4, MT5, cTrader, Iress, TradingView.
For regulation, Forex.com holds licenses from CFTC, FCA, ASIC, CIRO, FSA 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
Forex.com scores higher in our TrustMetrics system (97/100) compared to FP Markets (92/100), making it the safer choice.
Lowest Spreads
FP Markets offers better pricing with an average EUR/USD spread of 0.1 pips, beating the 1.1 pip average of its competitor.
Best for Beginners
Both brokers require a $100 minimum deposit, making them equally accessible.
Detailed Comparison
| Feature | Forex.com | FP Markets |
|---|---|---|
| Trust Score | 97/100 | 92/100 |
| Spreads From | 0.8 pips | 0.0 pips |
| Avg EUR/USD Spread | 1.1 pips | 0.1 pips |
| Commission | $0 | $6.00/lot |
| Execution Speed | 28ms | 30ms |
| Max Leverage | 1:50 | 1:500 |
| Minimum Deposit | $100 | $100 |
| Instruments | 5,500+ | 10,000+ |
| Account Types | Standard, RAW Pricing, MT4/MT5 | Standard, Raw, Iress |
| Platforms | Advanced Trading Platform, Web Trader, MT4, MT5, TradingView | MT4, MT5, cTrader, Iress, TradingView |
| Top Regulators | CFTC, FCA, ASIC, CIRO, FSA | ASIC, CySEC, FSA |
| Withdrawal Speed | 1-2 business days | 1-2 business days |
| Inactivity Fee | $15 per month (after 12 months) | $0 |
| Customer Support | 24/5 Live Chat, Email, Phone | 24/7 Live Chat, Email, Phone |
Which Broker Should You Choose?
FChoose Forex.com if...
- ✓You want to trade directly from TradingView charts
- ✓You need access to a massive range of instruments
- ✓Maximum regulatory protection is your top priority
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
Forex.com Pros & Cons
Pros
- ✓ Welcomes US traders with CFTC regulation
- ✓ Massive, publicly-traded parent company (StoneX)
- ✓ Excellent proprietary platform and TradingView integration
- ✓ Active Trader program offers significant cash rebates
Cons
- × Complex account structures and pricing models
- × High inactivity fees after 12 months
- × Stock CFDs not available in the US
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: Forex.com vs FP Markets
- ✓ US Traders
- ✓ Institutional Backing
- ✓ Active Trader Rebates
- ✓ MT5
- ✓ 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: Forex.com or FP Markets?
Forex.com scores higher in our TrustMetrics system (97/100) compared to FP Markets (92/100), making it the safer choice.
Who has lower spreads: Forex.com or FP Markets?
FP Markets offers better pricing with an average EUR/USD spread of 0.1 pips, beating the 1.1 pip average of its competitor.
Which has a lower minimum deposit: Forex.com or FP Markets?
Both brokers require a $100 minimum deposit, making them equally accessible.
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