Written by ForexBrokers.com
In this head to head comparison of FP Markets vs Exness, 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.
When comparing online brokers, FP Markets and Exness stand out for their regulatory credentials and trust scores. Founded in 2005, FP Markets holds two Tier-1 licenses and one Tier-2 license, which contribute to its impressive Trust Score of 89 out of 99 on ForexBrokers.com. Although it is not listed on any stock exchange and is not a bank, FP Markets is considered a trusted choice for investors due to its regulatory strength.
Exness, established in 2008, also boasts two Tier-1 licenses but edges ahead with three Tier-2 licenses. However, its Trust Score stands at 81, slightly lower than FP Markets, indicating a marginally higher risk according to ForexBrokers.com. Like its counterpart, Exness is not publicly traded and is not a bank. Both brokers offer a trusted platform for trading, with their licensing and Trust Scores providing a solid foundation for investor confidence.
| Feature |
FP Markets
|
Exness
|
|---|---|---|
| Year Founded | 2005 | 2008 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 2 |
| Tier-2 Licenses | 1 | 3 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 2 | 3 |
FP Markets vs Exness: on pure trading costs, FP Markets generally comes out cheaper for active forex traders. FP Markets earns 5/5 stars and ranks #6 of 63 for Commissions and Fees, thanks to its commission-based Raw ECN account on MetaTrader and cTrader. The Raw ECN averages about 0.1 pips on EUR/USD (about 0.8 pips all-in after a $6 per round-turn standard lot commission), while the Standard account averages 1.1 pips with no commission. Exness earns 4/5 stars and ranks #36 of 63. Its fees vary by account type: the commission-based Raw account charges up to $7 per round turn ($3.5 per side) with lower spreads, and the Zero Spread account lists a $0.05 per-trade commission; the Standard Cent, Standard, and Pro accounts are commission-free and typically carry wider spreads (the Pro account also offers instant or market execution).
FP Markets also took Best in Class honors for Commissions and Fees in the 2024 Annual Awards. Beyond MetaTrader and cTrader, FP Markets’ Iress suite delivers Direct Market Access pricing with full depth of book on ViewPoint, but it’s geared to high-balance, high-activity traders: deposits start at AUD 1,000 (Standard), AUD 25,000 (Platinum), and AUD 50,000 (Premier), and you must either qualify for Premier or pay at least AUD 150 in monthly commissions to avoid platform and data fees. The lower-cost Iress Investor account waives monthly fees but trims features, including no default streaming quotes.
Bottom line: if your priority is the lowest typical all-in cost on major forex pairs, FP Markets’ Raw ECN account is hard to beat for spreads plus commission. Exness offers more account variety—including cent and professional options and copy-focused accounts—but your total cost will depend on choosing its commission-based plans for tighter spreads versus its commission-free accounts for simplicity.
| Feature |
FP Markets
|
Exness
|
|---|---|---|
| Minimum Deposit | $100 AUD | $10 |
| 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 | No |
| 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.
Comparing FP Markets and Exness on range of investments, FP Markets lists about 10,000 tradeable instruments, while Exness offers roughly 227. FP Markets carries 71 forex pairs; Exness lists 96 currency pairs. That helps explain the scores: FP Markets earns 4.5/5 stars and ranks #19 out of 63 brokers for Range of Investments at ForexBrokers.com, whereas Exness scores 3.5/5 stars and ranks #56. If you want the widest choice across asset types, FP Markets stands out; if your priority is a larger lineup of forex pairs specifically, Exness has the edge.
Both brokers support forex trading via CFDs or spot contracts (availability can vary by region). Neither lets you buy actual exchange-traded shares in the U.S. or internationally. Both offer copy trading. For crypto, you can trade cryptocurrency derivatives at either provider, but you can’t buy delivered coins.
| Feature |
FP Markets
|
Exness
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 10000 | 227 |
| Forex Pairs (Total) | 71 | 96 |
| 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 trading platforms and tools, both FP Markets and Exness provide a comprehensive suite of features for traders. They each offer a free virtual demo account for simulated trading, allowing users to practice without financial risk. Both brokers have developed their own proprietary platforms and support popular options like MetaTrader 4 (MT4) and MetaTrader 5 (MT5). With availability across Windows desktop downloads and web-based platforms, both FP Markets and Exness ensure users have versatile access to trading. They also support copy trading, which can be appealing to those who prefer to follow experienced traders' strategies.
For charting tools, FP Markets offers 17 drawing tools while Exness provides a more extensive set of 87 tools, which might be a consideration for those who value a greater assortment of analytical options. Both platforms allow trading directly from stock charts, enhancing the user-friendly experience. The watch list feature is equally accessible on both platforms, with each offering 7 columns for customization. Rated four stars out of five for their trading platforms and tools, FP Markets and Exness maintain competitive positions. According to ForexBrokers.com, FP Markets is ranked 23rd while Exness closely follows at 26th among 63 brokers, demonstrating their similar standing in the market.
| Feature |
FP Markets
|
Exness
|
|---|---|---|
| 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 | 107 |
| Charting - Drawing Tools (Total) | 17 | 87 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When comparing the mobile trading apps of FP Markets and Exness, both platforms provide apps for iPhone and Android users, allowing seamless trading on the go. Traders on both platforms can set price alerts for stocks and forex, making sure they stay informed of market movements. However, neither FP Markets nor Exness offers the feature of watchlist symbol syncing, which means changes to watchlists in the mobile app do not automatically update on the user's online account. FP Markets includes the MetaTrader defaults for technical studies in its charting tools, whereas Exness provides 35 different technical studies for in-depth analysis.
Both brokers allow users to draw trendlines and view multiple time frames on their charts, such as daily, weekly, or intraday, to better cater to diverse trading strategies. However, a standout feature of the FP Markets app is its ability to auto-save chart drawings, something Exness does not offer. Users on both platforms can also create watchlists with real-time quotes. Despite these various functionalities, both mobile apps received a rating of 4 stars out of 5. Nevertheless, FP Markets pulls ahead slightly in ranks, positioned at #18 compared to Exness's #26 in the ForexBrokers.com Mobile Trading Apps category.
| Feature |
FP Markets
|
Exness
|
|---|---|---|
| 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 | No |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
Comparing FP Markets vs Exness for market research, both brokers cover the essentials: daily market commentary, top-tier forex news (from sources like Bloomberg, Reuters, or Dow Jones), a sentiment tool showing long/short positioning, Trading Central analytics, and a handy economic calendar. Neither broker includes TipRanks or Acuity Trading tools such as Signal Centre.
The key difference is that FP Markets also offers Autochartist, which adds automated pattern scanning and extra trade ideas. That edge helps explain FP Markets’ higher research score of 4 stars and rank of #25 out of 63 brokers on ForexBrokers.com, versus Exness at 3.5 stars and rank #42. If you want a broader mix of third‑party tools, FP Markets is the stronger choice; if the core features and Trading Central are enough, Exness still delivers solid day‑to‑day research support.
| Feature |
FP Markets
|
Exness
|
|---|---|---|
| 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 offered by FP Markets and Exness, both brokers provide a solid foundation for beginners looking to learn about forex or CFDs trading, offering at least ten educational pieces such as articles, videos, and webinars. However, FP Markets stands out by offering monthly online client webinars, an advantage that Exness does not provide. Both brokers offer a searchable archive of past webinars, ensuring easy access to previous sessions. For beginners, each platform delivers over ten educational videos focusing on fundamental trading topics, making them both useful resources for newcomers.
For those seeking more advanced knowledge, FP Markets again leads with over ten advanced educational videos targeting experienced traders, while Exness lacks this offering. Both brokers cater to learners with an investor dictionary containing definitions of over 50 investing terms, which aids in understanding trading jargon. In terms of ratings, FP Markets is rated 4 stars for education, ranking 23rd out of 63 brokers according to ForexBrokers.com. In contrast, Exness has a slightly lower education rating at 3.5 stars, placing 47th among its peers. Overall, FP Markets offers more comprehensive educational tools and resources for both beginners and more advanced traders.
| Feature |
FP Markets
|
Exness
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | Yes | No |
| Client Webinars (Archived) | Yes | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | No |
| 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 Exness. FP Markets finished with an overall rank of #19, while Exness finished with an overall rank of #43.
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
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Exness
|
|---|---|---|
| Overall Rating |
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| Trust Score | 89 | 81 |
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FP Markets and Exness both do not offer the ability to buy actual (delivered) cryptocurrencies, but they do provide options to buy cryptocurrency derivatives.
Both FP Markets and Exness support Skrill, Visa/Mastercard, and bank wires for account fund transactions, but FP Markets also supports PayPal, whereas neither broker offers ACH or SEPA transfers.
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 | Exness | |
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| Trust Score | 89 | 81 | |
| Winner | check_circle | ||
| Review | FP Markets Review | Exness Review |
| Broker Screenshots | FP Markets | Exness | |
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| Regulation | FP Markets | Exness | |
|---|---|---|---|
| Trust Score | 89 | 81 | |
| Year Founded | 2005 | 2008 | |
| 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 | 3 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 2 | 3 |
| Tier-1 Licenses (Highly Trusted) | FP Markets | Exness | |
|---|---|---|---|
| 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) | |||
| United Kingdom (U.K.) (FCA Authorised) | No | Yes | |
| 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 | Exness | |
|---|---|---|---|
| Kenya (CMA Authorised) | Yes | ||
| 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) | Yes |
| Investments | FP Markets | Exness | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 10000 | 227 | |
| Forex Pairs (Total) | 71 | 96 | |
| 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 | Exness | |
|---|---|---|---|
| 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 | No | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | No | Yes | |
| Execution: Market Maker | Yes | Yes |
| Funding | FP Markets | Exness | |
|---|---|---|---|
| Minimum Deposit | $100 AUD | $10 | |
| 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 | Exness | |
|---|---|---|---|
| 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 | Exness | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 7 | 7 | |
| Charting - Indicators / Studies (Total) | 30 | 107 | |
| Charting - Drawing Tools (Total) | 17 | 87 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | FP Markets | Exness | |
|---|---|---|---|
| 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 | No | |
| Mobile Economic Calendar | Yes | Yes |
| Research | FP Markets | Exness | |
|---|---|---|---|
| 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 | Exness | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | Yes | No | |
| Client Webinars (Archived) | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No | |
| Investor Dictionary (Glossary) | Yes | Yes |
| Major Forex Pairs | FP Markets | Exness | |
|---|---|---|---|
| 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 | Exness Review |
| Overall | FP Markets | Exness | |
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| Trust Score | 89 | 81 | |
| Winner | check_circle | ||
| Review | FP Markets Review | Exness Review |
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