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 in the competitive world of online brokers with its highly attractive pricing structures. Known for their cost-effective commission-based ECN account, FP Markets offers traders the ability to leverage some of the lowest costs globally through MetaTrader and cTrader platforms. At the forefront of competitive pricing, FP Markets earned the Best in Class distinction for Commissions and Fees in the 2024 Annual Awards. The broker provides Direct Market Access (DMA) with its Iress ViewPoint account, although this option leans more towards active traders with substantial account balances due to higher costs. The Raw ECN account is particularly popular for its competitive spreads, averaging 0.1 pips, making it a great choice for traders seeking lower costs. However, users should assess if they fall into the high-balance segment to enjoy the platform's full benefits.
In contrast, easyMarkets offers fixed spreads of 0.8 pips for EUR/USD via its platform and TradingView, with significantly higher costs when using MT4 standard accounts. A lower spread of 0.7 pips is attainable with a VIP account, and MT5 users can benefit from a variable starting spread of 0.7 pips. While easyMarkets's spreads are competitive in some offerings, they generally remain higher than those of FP Markets, which is reflected in easyMarkets's ForexBrokers.com rating.
When it comes to how they're rated, FP Markets receives a glowing 5 out of 5 stars for its commissions and fees category, ranking 6th out of 63 brokers according to ForexBrokers.com. On the other hand, easyMarkets earns a 3.5-star rating, placing it at the 52nd position out of 63 brokers. These ratings highlight FP Markets as a superior choice for traders prioritizing low fees and commissions, while easyMarkets may appeal more to those who prefer the predictability of fixed spreads.
| 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 to easyMarkets, one of the standout differences lies in their range of investments. FP Markets offers an impressive 10,000 tradable symbols, significantly more than easyMarkets, which provides 230. In terms of forex pairs, FP Markets also comes out ahead with 71 options compared to easyMarkets' 63. Both brokers facilitate forex trading through CFDs or spot contracts but do not offer direct access to exchange-traded securities on U.S. or international markets.
Another similarity between FP Markets and easyMarkets is their inability to facilitate the purchase of actual cryptocurrencies, though both brokers offer trading in cryptocurrency derivatives. Additionally, each platform supports copy trading, allowing investors to mimic the trades of experienced traders. When it comes to ratings and rankings, FP Markets holds a higher spot with 4.5 stars and is ranked 18th in ForexBrokers.com's Range of Investments category, while easyMarkets has 3.5 stars and is ranked 54th out of 63 brokers. This makes FP Markets a more compelling option for those seeking a wider array of investment opportunities.
| 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.
When comparing FP Markets and easyMarkets on their trading platforms and tools, both brokers offer a similar range of services, making them accessible to traders at all levels. Both platforms provide users with the opportunity to test their strategies through a free virtual demo account, which is an excellent starting point for beginners. Additionally, both FP Markets and easyMarkets offer proprietary trading platforms developed in-house, along with options to download a Windows-based desktop platform and access a web-based trading platform. Investors will also find that both brokers support popular trading apps like MetaTrader 4 and MetaTrader 5, along with the feature of copy trading. However, neither offers DupliTrade or ZuluTrade.
In terms of charting capabilities, easyMarkets slightly edges out FP Markets, offering 30 drawing tools compared to FP Markets' 17. Both platforms allow direct trading from stock charts, a feature appreciated by active traders. Additionally, easyMarkets provides more watch list columns, offering 8 fields, whereas FP Markets provides 7. Overall, both brokers score 4 stars for their trading platforms and tools according to user ratings, yet FP Markets is ranked higher at #23 compared to easyMarkets at #35 based on rankings by ForexBrokers.com. This comparison highlights that while both brokers are well-equipped, FP Markets may have a slight edge in overall user satisfaction based on rankings.
| 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 offer iPhone and Android apps, catering to traders who are on the move. When it comes to receiving price alerts for stocks and forex, FP Markets stands out by offering this feature, unlike easyMarkets. However, easyMarkets provides watchlist symbol syncing, ensuring your watchlists are updated across both mobile and online platforms—a feature not available with FP Markets. In terms of charting capabilities, easyMarkets offers 81 technical studies compared to FP Markets' integration with MetaTrader's default options. Both platforms support drawing trendlines and viewing charts in various time frames, but only FP Markets automatically saves your chart drawings for future reference.
Both FP Markets and easyMarkets allow users to create watchlists with real-time quotes, a vital tool for informed trading decisions. User reviews are positive for both apps, with each receiving a solid 4-star rating. However, FP Markets outshines easyMarkets in rankings by securing the 18th spot out of 63 brokers in the Mobile Trading Apps category on ForexBrokers.com, while easyMarkets comes in at the 30th position. This ranking difference might be significant for traders looking for a more highly regarded mobile trading experience.
| 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 in terms of market research offerings, both platforms provide daily market commentary and forex news from leading sources such as Bloomberg and Reuters. Both also furnish traders with tools that feature sentiment analysis, indicating the current ratio of long to short positions in various currency pairs, along with comprehensive economic calendars to track global news events affecting economies worldwide. However, FP Markets distinguishes itself by providing technical analysis tools from Autochartist, a feature absent in easyMarkets, while both brokers offer resources from Trading Central.
In terms of overall research quality, FP Markets holds a slight edge with a 4-star rating compared to easyMarkets' 3.5 stars. Furthermore, FP Markets is ranked higher for research by ForexBrokers.com, coming in at #25 out of 63 brokers, while easyMarkets is positioned at #43. Although neither broker supports research tools from Acuity Trading or TipRanks, FP Markets remains a superior choice for traders seeking diverse technical analysis resources and reliable market insights.
| 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 FP Markets and easyMarkets for educational resources aimed at beginners, both online brokers offer a comprehensive range of materials. Each provides at least 10 educational pieces, including articles, videos, and archived webinars focusing on forex and CFDs. Both also host online educational client webinars every month and maintain a searchable archive of these sessions. New traders will find a wealth of beginner videos from both platforms, with more than 10 videos covering trading topics specifically designed for novices. Advanced traders are similarly supported, with each broker offering at least 10 videos tailored to experienced traders. Additionally, you’ll find investor dictionaries with over 50 terms to help demystify the investing language.
Despite these similarities, there are subtle differences in their educational offerings. FP Markets clinches a higher rating with 4 out of 5 stars compared to easyMarkets’ 3.5 stars for educational content. In a broader comparison across 63 brokers, FP Markets ranks 23rd while easyMarkets holds the 39th spot according to ForexBrokers.com's evaluations. These rankings suggest that FP Markets may offer a slightly more refined educational experience, making it a potentially better choice for those prioritizing learning resources. However, both brokers clearly offer substantial support for traders looking to enhance their skills, whether they're beginners or more advanced traders.
| 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 63 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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