Written by ForexBrokers.com
In this head to head comparison of FP Markets vs easyMarkets, 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.
Choosing an online broker is a crucial decision for traders, and when it comes to FP Markets and easyMarkets, understanding their regulatory background can be a deciding factor. Both brokers offer a level of trust supported by licenses: each holds two Tier-1 licenses and one Tier-2 license, which highlight their reliability. FP Markets, established in 2005, boasts a Trust Score rating of 89 according to ForexBrokers.com, classifying it as a trusted broker. Meanwhile, easyMarkets, founded in 2001, carries a Trust Score rating of 84, also placing it within the trusted bracket, although slightly lower than FP Markets.
Despite differences in their founding year, neither FP Markets nor easyMarkets is publicly traded or operates as a bank, emphasizing their sole focus on brokerage services. Both companies prioritize regulatory compliance to maintain customer confidence, aided by their Tier-1 licenses that signal high trustworthiness. For those evaluating which platform to choose, FP Markets edges out in the trust score evaluation, though both remain committed to creating a secure trading environment for their users.
| Feature |
FP Markets
|
easyMarkets
|
|---|---|---|
| Year Founded | 2005 | 2001 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 2 |
| Tier-2 Licenses | 1 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 2 |
FP Markets stands out for its highly competitive pricing and commission-based ECN account, making it one of the most cost-effective brokers globally for traders. This broker was awarded Best in Class for Commissions and Fees in the 2024 Annual Awards, thanks to its attractive spreads and competitive commission structure. The Raw ECN account boasts spreads averaging 0.1 pips, and a $6 per round-turn standard lot fee for forex trading, while the Standard account has wider spreads averaging 1.1 pips for the EUR/USD. FP Markets also provides a high-end Iress ViewPoint account, geared towards active traders with high-balance accounts.
In terms of its offerings, easyMarkets has a simpler structure with fixed spreads of 0.8 pips for EUR/USD when trading on its platform and through TradingView. However, using the MT4 platform increases the cost, with spreads of 1.7 pips for the Standard account. The VIP account offers slightly improved rates of 0.7 pips, while MT5 introduces a variable spread starting at 0.7 pips. This places easyMarkets at a moderate pricing bracket compared to some of its peers.
When reviewing overall performance, FP Markets earns a commendable 5-star rating for commissions and fees and is ranked #6 out of 62 brokers by ForexBrokers.com within this category. In contrast, easyMarkets achieves a 3.5-star rating and a lower ranking of #51 among the same group, making FP Markets a more favored choice for cost-conscious traders seeking value for their transactions.
| Feature |
FP Markets
|
easyMarkets
|
|---|---|---|
| Minimum Deposit | $100 AUD | $25 |
| Average Spread EUR/USD - Standard | 1.2 | 0.8 |
| All-in Cost EUR/USD - Active | 0.7 | 0.8 |
| Active Trader or VIP Discounts | Yes | Yes |
| ACH or SEPA Transfers | No | Yes |
| 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 easyMarkets, both brokers provide clients with the ability to engage in forex trading through CFDs or spot contracts. FP Markets stands out with a vast selection, offering around 10,000 tradeable symbols, including 71 forex pairs. In contrast, easyMarkets provides a more limited yet respectable range of 230 symbols with 63 forex pairs. Both platforms allow for trading cryptocurrency derivatives but do not facilitate the purchase of actual cryptocurrencies or exchange-traded securities on either U.S. or international exchanges. Moreover, both brokers offer copy trading features, appealing to investors who prefer to mirror the strategies of experienced traders.
FP Markets receives accolades for its comprehensive investment options, earning a 4.5-star rating and landing at the 18th spot out of 62 brokers in ForexBrokers.com's Range of Investments category. Meanwhile, easyMarkets is rated slightly lower, garnering 3.5 stars, and ranks 54th. This noticeable difference underscores FP Markets' broader scope in investment offerings, which caters to traders seeking a diverse array of financial instruments. Conversely, easyMarkets serves as a reliable platform but with a more succinct selection, ideal for those who prefer a simpler trading environment.
| Feature |
FP Markets
|
easyMarkets
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 10000 | 230 |
| Forex Pairs (Total) | 71 | 63 |
| 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 easyMarkets both excel in offering user-friendly trading platforms and tools for traders. Each provides a proprietary platform, downloadable options for Windows, and accessible web-based interfaces, allowing you to trade wherever it's convenient. Both brokers also offer the popular MetaTrader 4 and 5 platforms along with copy trading features for those interested in following other successful traders’ strategies. Though neither supports DupliTrade or ZuluTrade, traders at both FP Markets and easyMarkets can enjoy simulated trading through free virtual demo accounts that help refine their skills in a risk-free environment.
When it comes to charting tools, easyMarkets provides a more extensive selection with 30 drawing tools compared to FP Markets' 17. However, both platforms allow direct trading from stock charts, enhancing the trading experience. Watch list customization is slightly more flexible at easyMarkets, offering eight columns against FP Markets' seven. Even so, both brokerages hold a solid four-star rating for their trading platforms and tools. With FP Markets ranking 23rd and easyMarkets 35th out of 62 brokers in this category, FP Markets slightly edges out its competitor in terms of overall platform ranking by ForexBrokers.com.
| Feature |
FP Markets
|
easyMarkets
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | Yes |
| 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 | No |
| Charting - Indicators / Studies (Total) | 30 | 15 |
| Charting - Drawing Tools (Total) | 17 | 30 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 8 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Both FP Markets and easyMarkets provide accessible trading experiences with their mobile apps available for iPhone and Android users. FP Markets stands out with its ability to send stock or forex price alerts, a feature missing in easyMarkets. On the flip side, easyMarkets excels in synchronizing watchlist symbols between its mobile app and online accounts, ensuring seamless updates, a feature that FP Markets does not support. For technical charting, easyMarkets offers a rich selection of 81 technical studies, whereas FP Markets relies on MetaTrader's default options. Both brokers offer features like drawing trendlines and viewing various time frames on charts, but only FP Markets lets users auto-save these drawings, adding an extra layer of convenience.
Users can create watchlists with real-time quotes in both apps, ensuring they stay updated with the latest market movements. While both brokers earn a solid 4-star rating for their mobile trading apps, FP Markets has a higher ranking, placing 18th out of 62 brokers according to ForexBrokers.com, compared to easyMarkets at 30th. This ranking reflects FP Markets' slightly more comprehensive feature set and user-friendly offerings for those immersed in mobile trading.
| Feature |
FP Markets
|
easyMarkets
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | No |
| Watchlist Syncing | No | Yes |
| Mobile Charting - Indicators / Studies | MetaTrader (Default) | 81 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | Yes | No |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When comparing FP Markets and easyMarkets for their market research features, both brokers offer a range of tools for traders. FP Markets and easyMarkets provide daily market commentary and access to forex news from top-tier sources such as Bloomberg and Reuters. Both platforms also offer sentiment-based trading tools and comprehensive economic calendars, ensuring traders are informed of current and upcoming global events. However, FP Markets stands out by offering technical analysis tools from Autochartist—which easyMarkets does not—and both brokers provide tools from Trading Central. Neither platform includes research tools from Acuity Trading or market insights from TipRanks.
FP Markets seems to edge ahead in overall research capabilities with a ForexBrokers.com rating of 4 stars, compared to easyMarkets, which is rated 3.5 stars. Additionally, FP Markets is ranked #25 out of 62 brokers in the Research category on ForexBrokers.com, while easyMarkets is positioned at #43. These distinctions highlight FP Markets' broader array of tools and slightly stronger resources for analytical support, catering to a more in-depth trading experience.
| Feature |
FP Markets
|
easyMarkets
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | Yes | No |
| Trading Central (Recognia) | Yes | Yes |
| Social Sentiment - Currency Pairs | Yes | Yes |
| 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 easyMarkets, both brokers demonstrate a commitment to helping novice traders. They each provide over ten educational pieces such as articles, videos, and archived webinars focused on forex and CFDs. Both offer monthly online educational webinars and maintain a searchable archive of these recorded sessions, allowing learners to revisit valuable content. Additionally, beginner traders will find at least ten educational videos tailored specifically to users just starting their trading journey at both platforms.
FP Markets and easyMarkets also cater to more advanced traders by offering over ten in-depth educational videos aimed at those with some trading experience. Each platform includes an investor dictionary with definitions of over 50 investing terms, aiding users in understanding complex concepts. In terms of ratings, FP Markets slightly edges out with 4 stars for education, compared to easyMarkets' 3.5 stars. According to ForexBrokers.com, FP Markets ranks #23 out of 62 brokers for educational offerings, while easyMarkets falls at #39, making FP Markets a touch more favorable for those prioritizing educational resources.
| Feature |
FP Markets
|
easyMarkets
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | Yes | Yes |
| Client Webinars (Archived) | Yes | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | Yes |
| Investor Dictionary (Glossary) | Yes | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 62 of the best forex brokers, our research and account testing finds that FP Markets is better than easyMarkets. FP Markets finished with an overall rank of #19, while easyMarkets finished with an overall rank of #42.
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
|
easyMarkets
|
|---|---|---|
| Overall Rating |
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| Trust Score | 89 | 84 |
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Both FP Markets and easyMarkets do not offer the ability to purchase actual cryptocurrencies, but they do provide options for trading cryptocurrency derivatives.
Comparing online brokers FP Markets and easyMarkets highlights that FP Markets supports PayPal for deposits and withdrawals while easyMarkets does not, whereas easyMarkets offers ACH or SEPA transfers which FP Markets does not, and both brokers accept Skrill, Visa and Mastercard, as well as bank wires for account funding and withdrawals.
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 | easyMarkets | |
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| Trust Score | 89 | 84 | |
| Winner | check_circle | ||
| Review | FP Markets Review | easyMarkets Review |
| Broker Screenshots | FP Markets | easyMarkets | |
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| Regulation | FP Markets | easyMarkets | |
|---|---|---|---|
| Trust Score | 89 | 84 | |
| Year Founded | 2005 | 2001 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 2 | 2 | |
| Tier-2 Licenses | 1 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 2 |
| Tier-1 Licenses (Highly Trusted) | FP Markets | easyMarkets | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | Yes | |
| 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 | easyMarkets | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | Yes | |
| UAE (DFSA/Central Bank Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | FP Markets | easyMarkets | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 10000 | 230 | |
| Forex Pairs (Total) | 71 | 63 | |
| 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 | easyMarkets | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.2 | 0.8 | |
| All-in Cost EUR/USD - Active | 0.7 | 0.8 | |
| Active Trader or VIP Discounts | Yes | Yes | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | No | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | FP Markets | easyMarkets | |
|---|---|---|---|
| Minimum Deposit | $100 AUD | $25 | |
| 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 | Yes |
| Trading Platforms | FP Markets | easyMarkets | |
|---|---|---|---|
| Proprietary Platform | Yes | Yes | |
| 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 | No |
| Trading Tools | FP Markets | easyMarkets | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 7 | 8 | |
| Charting - Indicators / Studies (Total) | 30 | 15 | |
| Charting - Drawing Tools (Total) | 17 | 30 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | FP Markets | easyMarkets | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | No | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | No | Yes | |
| Mobile Charting - Indicators / Studies | MetaTrader (Default) | 81 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | No | |
| Mobile Economic Calendar | Yes | Yes |
| Research | FP Markets | easyMarkets | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | Yes | No | |
| Trading Central (Recognia) | Yes | Yes | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | FP Markets | easyMarkets | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | Yes | Yes | |
| Client Webinars (Archived) | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | Yes | |
| Investor Dictionary (Glossary) | Yes | Yes |
| Major Forex Pairs | FP Markets | easyMarkets | |
|---|---|---|---|
| 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 | easyMarkets Review |
| Overall | FP Markets | easyMarkets | |
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| Trust Score | 89 | 84 | |
| Winner | check_circle | ||
| Review | FP Markets Review | easyMarkets Review |
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