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FOREX.com vs FP Markets 2026

A detailed head-to-head comparison of FOREX.com and FP Markets across regulation, trading costs, platforms, and more.

FOREX.com logo - BrokerAudit
FOREX.com

Est. 2001 · Warren, New Jersey, United States

CFTC/NFAFCAASIC
78.7/100
Good
FP Markets logo - BrokerAudit
FP Markets

Est. 2005 · Sydney, Australia

ASICCySECFSCA
83.4/100
Excellent

Score Breakdown

RegulationCostsPlatformsAccountsDepositSupportEducation
FOREX.comFP Markets

Category-by-Category Winner

Category
FOREX.com
FP Markets
Regulation & Trust
92
82
Trading Costs
65
92
Platforms & Tools
80
90
Account Conditions
72
80
Deposit & Withdrawal
78
82
Customer Support
75
78
Education & Research
82
70
Overall Score
78.7
83.4

Detailed Comparison

Overview

Year Founded
2001
2005
Headquarters
Warren, New Jersey, United States
Sydney, Australia
Publicly Listed
Top Regulators
CFTC/NFA, FCA, ASIC
ASIC, CySEC, FSCA
Total Instruments
5,500
10,000

Trading Costs

EUR/USD Spread
1.30 pips
0.10 pips
GBP/USD Spread
1.80 pips
0.40 pips
USD/JPY Spread
1.30 pips
0.30 pips
Min. Deposit
$100
$100
Commission/Lot
$5.00
$6.00
Inactivity Fee
$15/month after 12 months
None

Platforms & Features

MetaTrader 4
MetaTrader 5
cTrader
TradingView
Copy Trading
API Trading
VPS Hosting
Demo Account
Islamic Account

Instruments

Forex Pairs
80
70
CFD Stocks
4,500
10,000
Indices
15
19
Commodities
10
8
Crypto CFDs
8
12

FOREX.com vs FP Markets: Our Analysis

Overall Verdict

With an overall score of 83.4/100 vs 78.7/100, FP Markets slightly edges out FOREX.com by 4.7 points. Both brokers are closely matched, so your choice should come down to specific features that matter most to you.

Trading Costs

On the EUR/USD pair, FOREX.com offers an average spread of 1.30 pips with a $5.00 round-turn commission, while FP Markets comes in at 0.10 pips with a $6.00 commission. FP Markets offers tighter pricing on EUR/USD. Minimum deposit is $100 at FOREX.com and $100 at FP Markets.

Regulation & Safety

FOREX.com holds 4 regulatory licenses with a highest tier of Tier 1 (CFTC/NFA, FCA, ASIC), while FP Markets has 4 licenses at Tier 1 (ASIC, CySEC, FSCA). Both brokers are equally regulated.

Platform Comparison

FOREX.com offers MT4, MT5, TradingView, FOREX.com Advanced Platform — uniquely offering FOREX.com Advanced Platform which FP Markets does not have. FP Markets supports MT4, MT5, cTrader, TradingView, with exclusive access to cTrader. Both brokers offer a comparable range of platforms.

Who Should Choose Which?

FOREX.com suits beginners seeking education, traders who prioritize safety, while FP Markets is better for cost-conscious traders, traders who want advanced tools, traders wanting a wide instrument range. If copy trading matters, FP Markets has the edge. Both brokers offer demo accounts, so you can test each before committing real funds.

Frequently Asked Questions

Based on our testing, FP Markets scores higher overall at 83.4/100 compared to FOREX.com's 78.7/100. However, "better" depends on your priorities — FOREX.com may be superior in specific categories like regulation.

FP Markets offers tighter spreads with an average EUR/USD spread of 0.10 pips, compared to 1.30 pips at FOREX.com. Check our detailed comparison table above for GBP/USD and USD/JPY spreads as well.

FOREX.com scores higher for regulation and trust at 92/100, holding licenses from CFTC/NFA, FCA, ASIC. FP Markets scores 82/100 with ASIC, CySEC, FSCA.

For beginners, FOREX.com is the stronger choice with an education and research score of 82/100. It offers structured trading courses, webinars, and a free demo account. FP Markets scores 70/100 for education.

Yes, there is no restriction on having accounts with both FOREX.com and FP Markets simultaneously. Many experienced traders maintain accounts with multiple brokers to take advantage of each broker's strengths — for example, using one for its lower spreads on majors and another for its wider instrument range or better platform features.

NC

Reviewed by

Neil C

Neil C is a financial markets analyst and forex trading specialist with over 10 years of experience evaluating broker platforms, trading conditions, and regulatory frameworks. He has personally tested accounts with dozens of brokers and brings a data-driven methodology to every review.

Last updated: April 2026

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