Written by ForexBrokers.com
In this head to head comparison of FP Markets vs Earn, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 51% and 89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
FP Markets and Earn are two online brokers with distinct safety profiles, each offering unique regulatory credentials to their clients. Founded in 2005, FP Markets has established itself over the years with a strong safety framework. It holds two Tier-1 licenses considered highly trusted and one Tier-2 license deemed trusted by industry standards. With a Trust Score of 89 out of 99 from ForexBrokers.com, FP Markets is regarded as a trusted choice among traders. Although it is neither publicly traded nor a bank, its reputable safety measures provide clients with reliability.
On the other hand, Earn has been in operation since 1994 and holds one Tier-1 license, which signifies a high level of trust. However, it lacks any Tier-2 licenses, unlike its counterpart. Earn's Trust Score is 71 out of 99, placing it in the average risk category. Like FP Markets, Earn is neither listed on a stock exchange nor operates as a banking institution. These differences highlight the varying levels of trust and risk associated with each broker, offering potential clients valuable insights when making investment decisions.
| Feature |
FP Markets
|
Earn
|
|---|---|---|
| Year Founded | 2005 | 1994 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 1 |
| Tier-2 Licenses | 1 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 0 |
FP Markets stands out as one of the most cost-effective online brokers, thanks to its competitive pricing structure offered through MetaTrader and cTrader platforms, particularly for its commission-based ECN account. Achieving Best in Class honors for Commissions and Fees in the 2024 Annual Awards, FP Markets provides Direct Market Access (DMA) with its share CFD offerings via the Iress platform, although the more advanced Iress ViewPoint account is tailored for active traders with substantial balances. The Raw ECN account offers attractive spreads averaging 0.1 pips, translating to an overall cost of 0.8 pips once the commission is included, while the Standard account has higher spreads, averaging 1.1 pips for EUR/USD. Its cTrader platform supports both spread-only and commission-based trading, with a flat rate of $6 per round-turn lot for forex trades.
For Australian traders, FP Markets offers three Iress platform account options—Standard, Platinum, and Premier—each with different deposit requirements and fee structures. To bypass platform and data fees, one must either have a Premier account or incur at least AUD 150 in monthly commissions. For a more economical choice, traders can opt for the Iress Investor account, which waives monthly fees but offers limited functionality, lacking default streaming data and robust charting tools. FP Markets boasts a 5-star rating and ranks #6 out of 63 brokers in the Commissions and Fees category by ForexBrokers.com.
In contrast, Earn receives a 4-star rating and is positioned at #45 in the same category. While specific spread data for Earn is not provided, this positioning highlights a less competitive offering compared to FP Markets in terms of commissions and fees. Traders seeking the best value for money and cost-effective trading conditions may find FP Markets to be the more attractive choice.
| Feature |
FP Markets
|
Earn
|
|---|---|---|
| Minimum Deposit | $100 AUD | $100 |
| Average Spread EUR/USD - Standard | 1.2 | N/A |
| All-in Cost EUR/USD - Active | 0.7 | N/A |
| Active Trader or VIP Discounts | Yes | Yes |
| ACH or SEPA Transfers | No | No |
| PayPal (Deposit/Withdraw) | Yes | No |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When comparing FP Markets and Earn, both brokers provide forex trading options as either CFDs or spot contracts. However, FP Markets stands out with a significantly larger range of tradeable assets, offering a whopping 10,000 symbols compared to Earn's 500 symbols. In terms of forex pairs available, FP Markets also has a slight edge with 71 pairs, while Earn provides 61. Both platforms do not offer exchange-traded securities like Apple or Vodafone shares but do provide avenues for copy trading and trading cryptocurrency derivatives.
While neither platform allows for purchasing actual cryptocurrencies, the difference in investment variety is reflected in their ratings and rankings. FP Markets receives a rating of 4.5 stars for its range of investments, ranking #18 among 63 brokers on ForexBrokers.com. On the other hand, Earn is rated 3.5 stars and sits at #45. This suggests that FP Markets may be the better choice for those seeking a wider array of trading opportunities.
| Feature |
FP Markets
|
Earn
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 10000 | 500 |
| Forex Pairs (Total) | 71 | 61 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | No | No |
| Social Trading / Copy Trading | Yes | Yes |
| Cryptocurrency (Physical) | No | No |
| Cryptocurrency (Derivative) | Yes | Yes |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
Dive deeper: Best Copy Trading Platforms.
FP Markets and Earn both offer a comprehensive trading experience with several platforms and tools. Both brokers provide access to a virtual demo account for simulated trading, essential for those wishing to practice before diving into real markets. While FP Markets offers its own proprietary platform, providing a unique touch to its services, Earn relies on third-party platforms, though both are accessible via Windows-based desktop and web browsers. Both brokers support MetaTrader 4 and MetaTrader 5 for advanced trading. Copy trading is facilitated by both, but when it comes to ZuluTrade, only Earn offers this service. Neither broker supports DupliTrade, and both allow trading directly from stock charts. FP Markets offers 17 drawing tools against Earn's 15, but both maintain 7 columns for watch list customization.
Regarding analytical capabilities, both brokers provide a range of technical indicators, although specific numbers are not disclosed. With a trading platform and tools rating of four stars out of five, both FP Markets and Earn offer a quality trading environment, but FP Markets shows a stronger presence by ranking 23rd out of 63 brokers, whereas Earn ranks at 51. This can influence traders looking for the best platform integration and usability based on industry evaluations.
| Feature |
FP Markets
|
Earn
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | No |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| DupliTrade | No | No |
| ZuluTrade | No | Yes |
| Charting - Indicators / Studies (Total) | 30 | 35 |
| Charting - Drawing Tools (Total) | 17 | 15 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When choosing between FP Markets and Earn for mobile trading, both platforms offer convenient iPhone and Android apps, allowing users to trade on the go. Both apps provide essential features like stock and forex price alerts, the ability to draw trendlines, view multiple time frames, and auto-save drawings on charts. You can also create watchlists with real-time quotes on both apps. However, one notable difference is in charting capabilities — FP Markets relies on MetaTrader for technical studies, while Earn offers 35 built-in technical studies, providing more variety for analysis directly within its app.
Despite similar features, distinctions in user experience and rankings highlight differences. Neither mobile app supports watchlist symbol syncing between devices and the online account, which might affect users looking for seamless access across platforms. In terms of user ratings, both FP Markets and Earn score 4 out of 5 stars for their mobile trading apps. However, FP Markets enjoys a higher ranking, placed 18th compared to Earn's 27th position in the Mobile Trading Apps category by ForexBrokers.com. This indicates a slightly more favorable user experience or feature set with FP Markets, despite both platforms offering a solid trading experience.
| Feature |
FP Markets
|
Earn
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | No | No |
| Mobile Charting - Indicators / Studies | MetaTrader (Default) | 35 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | Yes | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
FP Markets and Earn both excel in offering daily market commentary and providing forex news sourced from reputable outlets like Bloomberg, Reuters, and Dow Jones. However, FP Markets distinguishes itself with a wider array of technical analysis tools, including features from Autochartist and Trading Central, granting traders access to detailed fundamental research and technical analytics that Earn does not provide. Additionally, FP Markets offers a sentiment-based trading tool to gauge trader positioning across currency pairs, an advantage traders might appreciate that Earn lacks.
Both FP Markets and Earn deliver economic calendars to assist traders in staying informed about upcoming global news events. Despite sharing some similarities, FP Markets receives a slightly higher research rating of 4 stars compared to Earn's 3.5 stars. This edge is reflected in their research ranking where FP Markets is positioned at 25th out of 63 brokers on ForexBrokers.com, while Earn holds the 38th spot. These distinctions highlight FP Markets as a more versatile choice for those seeking enriched market research tools.
| Feature |
FP Markets
|
Earn
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | Yes | No |
| Trading Central (Recognia) | Yes | No |
| Social Sentiment - Currency Pairs | Yes | No |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When comparing the educational resources available for beginners at FP Markets and Earn, FP Markets clearly stands out as a superior choice. For those new to trading, FP Markets offers a comprehensive suite of educational materials, including over 10 articles, videos, and archived webinars focusing on forex and CFDs. They also provide monthly online webinars and maintain a searchable archive of past sessions, making learning accessible and convenient. In contrast, Earn falls short in these areas, providing less than 10 materials dedicated to forex and CFDs and lacking regular educational webinars or archives.
For beginner and advanced traders alike, FP Markets offers a wealth of video content designed to cater to both novice and experienced traders. Their investor dictionary, featuring over 50 investing terms, further supports their robust educational offerings. While FP Markets earns a commendable 4-star rating for education, with a rank of #23 out of 63 brokers on ForexBrokers.com, Earn lags behind with a 3.5-star rating and is positioned at #62 in the same category. This makes FP Markets a more reliable choice for those looking to enhance their trading knowledge.
| Feature |
FP Markets
|
Earn
|
|---|---|---|
| Education (Forex or CFDs) | Yes | No |
| Client Webinars | Yes | No |
| Client Webinars (Archived) | Yes | No |
| Videos - Beginner Trading Videos | Yes | No |
| Videos - Advanced Trading Videos | Yes | No |
| Investor Dictionary (Glossary) | Yes | No |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that FP Markets is better than Earn. FP Markets finished with an overall rank of #19, while Earn finished with an overall rank of #50.
FP Markets shines as a low-cost broker for trading forex and CFDs – as long as you use the MetaTrader platform. The Iress platform suite offers well over 9,000 tradeable symbols, but it’s mostly a share trading platform – and is generally a much pricier option.
| Feature |
FP Markets
|
Earn
|
|---|---|---|
| Overall Rating |
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| Trust Score | 89 | 71 |
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Both FP Markets and Earn do not provide the option to buy actual delivered cryptocurrency, but they do offer the ability to purchase cryptocurrency derivatives, making them comparable choices for investors interested in trading crypto-based financial products without direct ownership of digital currencies.
When comparing online brokers FP Markets and Earn, both lack ACH or SEPA transfer options for deposits and withdrawals, but FP Markets offers more flexibility with PayPal availability (unavailable with Earn), while both platforms support Skrill, Visa, Mastercard, and bank wire transactions for fund management.
Please note:
We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.
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0 of 5| Overall Rating | FP Markets | Earn | |
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| Trust Score | 89 | 71 | |
| Winner | check_circle | ||
| Review | FP Markets Review |
| Broker Screenshots | FP Markets | Earn | |
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| Regulation | FP Markets | Earn | |
|---|---|---|---|
| Trust Score | 89 | 71 | |
| Year Founded | 2005 | 1994 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 2 | 1 | |
| Tier-2 Licenses | 1 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 0 |
| Tier-1 Licenses (Highly Trusted) | FP Markets | Earn | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | No | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | No | No | |
| United Kingdom (U.K.) (FCA Authorised) | No | No | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes |
| Tier-2 Licenses (Trusted) | FP Markets | Earn | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA/Central Bank Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | FP Markets | Earn | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 10000 | 500 | |
| Forex Pairs (Total) | 71 | 61 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | No | No | |
| Social Trading / Copy Trading | Yes | Yes | |
| Cryptocurrency (Physical) | No | No | |
| Cryptocurrency (Derivative) | Yes | Yes | |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
| Cost | FP Markets | Earn | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.2 | N/A | |
| All-in Cost EUR/USD - Active | 0.7 | N/A | |
| Active Trader or VIP Discounts | Yes | Yes | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | No | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | FP Markets | Earn | |
|---|---|---|---|
| Minimum Deposit | $100 AUD | $100 | |
| PayPal (Deposit/Withdraw) | Yes | No | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | No | No |
| Trading Platforms | FP Markets | Earn | |
|---|---|---|---|
| Proprietary Platform | Yes | No | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | Yes | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | Yes |
| Trading Tools | FP Markets | Earn | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 7 | 7 | |
| Charting - Indicators / Studies (Total) | 30 | 35 | |
| Charting - Drawing Tools (Total) | 17 | 15 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | FP Markets | Earn | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | No | No | |
| Mobile Charting - Indicators / Studies | MetaTrader (Default) | 35 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | Yes | |
| Mobile Economic Calendar | Yes | Yes |
| Research | FP Markets | Earn | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | Yes | No | |
| Trading Central (Recognia) | Yes | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | FP Markets | Earn | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | No | |
| Client Webinars | Yes | No | |
| Client Webinars (Archived) | Yes | No | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | Yes | No | |
| Investor Dictionary (Glossary) | Yes | No |
| Major Forex Pairs | FP Markets | Earn | |
|---|---|---|---|
| GBP/USD | Yes | Yes | |
| USD/JPY | Yes | Yes | |
| EUR/USD | Yes | Yes | |
| USD/CHF | Yes | Yes | |
| USD/CAD | Yes | Yes | |
| NZD/USD | Yes | Yes | |
| AUD/USD | Yes | Yes | |
| Review | FP Markets Review |
| Overall | FP Markets | Earn | |
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| Trust Score | 89 | 71 | |
| Winner | check_circle | ||
| Review | FP Markets Review |
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