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FP Markets vs FXTM

Side-by-side broker intelligence across regulation, spreads, fees, platforms, and overall model score. Category winners use transparent heuristics and should be treated as editorial guidance, not investment advice.

FP Markets rating

4.5

FXTM rating

4.4

Score gap

4 pts

Matchup

Head to head

Winners by category

Pricing & spreads
FXTM leads- Edge for FXTM (94.6 vs 93.0).
Regulation breadth
FXTM leads- Edge for FXTM (72.0 vs 70.0).
User experience
FP Markets leads- Edge for FP Markets (71.6 vs 68.7).
Editorial composite
FXTM leads- Edge for FXTM (97.2 vs 93.5).

Full comparison table

Rating

FP Markets

4.5

FXTM

4.4

Model score

FP Markets

80

FXTM

84

Regulation

FP Markets

Authorized and regulated by multiple international bodies, including the Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), and Financial Sector Conduct Authority (FSCA, South Africa).

FXTM

FCA (UK), CySEC (Cyprus), FSCA (South Africa), FSC (Mauritius)

Spreads

FP Markets

True ECN liquidity aggregation with fast average execution times under 40 milliseconds. Spreads on EUR/USD and USD/JPY frequently hover at 0.0 to 0.1 pips during peak market liquidity.

FXTM

Raw spreads start from 0.0 pips on the Advantage account. Fast execution speed via ECN liquidity providers with average execution times under 0.1 seconds.

Fees

FP Markets

Highly competitive pricing structure. The Raw Account charges a low $3.00 per lot per side ($6.00 round turn) with raw interbank spreads. The Standard Account is zero-commission with spreads starting from 1.0 pip. No deposit or withdrawal fees for most methods.

FXTM

Advantage Account: Raw spreads from 0.0 pips + low commission ($0.40 to $2.00 per side based on volume). Micro & Advantage Plus Accounts: Spread-only pricing from 1.5 pips with zero commissions.

Platforms

FP Markets

Comprehensive suite containing MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader, TradingView, Iress ViewPoint (for direct-market-access shares), and the FP Markets mobile app.

FXTM

MetaTrader 4 (MT4), MetaTrader 5 (MT5), FXTM Trader App

Account types

FP Markets

Forex & CFD accounts: Standard (spread-only) and Raw (commission + raw spread). Separate Iress Accounts (Standard, Platinum, Premier) for DMA share trading. Islamic (swap-free) accounts are available upon request.

FXTM

Micro, Advantage, Advantage Plus, Swap-Free (Islamic), Demo Account

Min deposit

FP Markets

$100 AUD (or $100 USD equivalent) for Standard and Raw MT4/MT5/cTrader accounts.

FXTM

$10 (Micro Account) / $500 (Advantage Account)