Written by ForexBrokers.com
In this head to head comparison of FOREX.com vs FP Markets, 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.
FOREX.com (founded in 1999) and FP Markets (founded in 2005) are online forex brokers with high trust ratings from ForexBrokers.com. FOREX.com holds a 99/99 Trust Score and FP Markets scores 90/99. On this scale, 90–99 is highly trusted, 80–89 trusted, 70–79 average risk, 60–69 high risk, and below 59 not trusted. FOREX.com is publicly traded, while FP Markets is not; neither broker is a bank.
Regulatory coverage differs: FOREX.com holds seven Tier-1 licenses (highly trusted) and two Tier-2 licenses (trusted), while FP Markets holds two Tier-1 and one Tier-2 license. Both rank as highly trusted, but FOREX.com’s larger set of top-tier licenses and public listing may suit traders who prioritize broader oversight.
| Feature |
FOREX.com
|
FP Markets
|
|---|---|---|
| Year Founded | 1999 | 2005 |
| Publicly Traded (Listed) | Yes | No |
| Bank | No | No |
| Tier-1 Licenses | 7 | 2 |
| Tier-2 Licenses | 2 | 1 |
| Tier-3 Licenses | 1 | 0 |
| Tier-4 Licenses | 1 | 2 |
FOREX.com and FP Markets both earn strong marks for commissions and fees, but FP Markets comes out a little cheaper for most traders. FOREX.com has a 4.5-star rating and ranks #15 out of 36 brokers for commissions and fees. Its pricing can be higher on the Standard account, especially in the U.S., where EUR/USD spreads were around 1.4 pips, while the RAW account offers tighter spreads and adds a commission. For many active traders, FOREX.com’s costs are fair, but they are usually not the lowest unless you trade a lot each month.
FP Markets also has a 4.5-star rating, but it ranks higher at #11 out of 36 brokers. Its Raw ECN account is the better value, with EUR/USD spreads averaging about 0.1 pips and an all-in cost near 0.8 pips after commission. By contrast, its Standard account is more expensive, with wider spreads around 1.1 pips. FP Markets also offers different platform-based pricing on Iress, but those accounts can become costly unless you meet higher balance or trading requirements.
In short, both brokers are good choices for traders who care about trading costs, but FP Markets has the edge on price overall. FOREX.com is still a solid option, especially if you like its account choices and trading tools, but FP Markets is usually the more budget-friendly pick for commission-based trading.
| Feature |
FOREX.com
|
FP Markets
|
|---|---|---|
| Minimum Deposit | $100 | $100 AUD |
| Average spread (EUR/USD) - Standard account | 1.00 | 1.3 |
| All-in Cost EUR/USD - Active | 1.13 | 0.9 |
| Non-wire bank transfer | Yes | No |
| PayPal (Deposit/Withdraw) | Yes | Yes |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When it comes to range of investments, FOREX.com and FP Markets both give traders access to forex as a CFD or spot contract, as well as cryptocurrency CFDs. FOREX.com stands out for its wider selection of tradable forex pairs, with 80 pairs compared with FP Markets’ 71. It also offers 5,500 tradable symbols, while FP Markets lists 10,000, giving FP Markets the edge for overall market breadth.
FOREX.com is stronger for investors who want access to exchange-traded securities, since it lets clients buy actual U.S. and international shares, while FP Markets does not. On the other hand, FP Markets offers copy trading, which FOREX.com does not. Based on ForexBrokers.com ratings, FOREX.com scores 5 out of 5 stars and ranks #6 out of 36 for range of investments, while FP Markets scores 4.5 stars and ranks #17.
| Feature |
FOREX.com
|
FP Markets
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 5500 | 10000 |
| Forex Pairs (Total) | 80 | 71 |
| U.S. Stocks (Shares) | Yes | No |
| Global Stocks (Non-U.S. Shares) | Yes | No |
| Copy Trading | No | Yes |
| Cryptocurrency (Underlying) | No | No |
| Cryptocurrency (CFDs) | 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.
FOREX.com and FP Markets both give traders a wide choice of platform options, including free demo accounts, a proprietary platform, web-based trading, Windows desktop downloads, MetaTrader 4, and MetaTrader 5. Each broker also lets you place trades directly from a chart, which can make it easier to act on price moves quickly. For everyday traders who want flexibility across devices, both brokers cover the main platform needs well.
The key difference is copy trading: FP Markets offers it, while FOREX.com does not. That extra feature may appeal to newer traders who want to follow other investors’ strategies. In platform and tools rankings, FOREX.com comes out ahead with a 5-star rating and a #5 spot out of 36 brokers, compared with FP Markets at 4 stars and #22 out of 36. This makes FOREX.com the stronger pick overall for trading platforms and tools, while FP Markets stands out for copy trading.
| Feature |
FOREX.com
|
FP Markets
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Copy Trading | No | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| Charting - Indicators / Studies (Total) | 90 | 30 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
FOREX.com and FP Markets both offer mobile trading apps for iPhone and Android, along with price alerts, chart trendlines, and auto-saving drawings, making it easy to monitor markets and manage trades on the go. Both apps cover the core features most traders expect, but FOREX.com stands out for mobile charting with 90 technical studies and watchlist symbol syncing, so changes made in the app and online account stay in sync. FP Markets also supports mobile trading basics, but it does not offer watchlist syncing.
When it comes to mobile trading app quality, FOREX.com has the edge with a 5-star rating and a #2 ranking out of 36 brokers from ForexBrokers.com. FP Markets is still a solid option, but it earns 4 stars and ranks #20 in the same category. For traders who want stronger mobile charting tools and smoother watchlist management, FOREX.com is the better choice overall.
| Feature |
FOREX.com
|
FP Markets
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 90 | MetaTrader (Default) |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
FOREX.com and FP Markets both give traders a solid set of market research tools. Each broker offers daily market commentary, forex news from top-tier sources like Bloomberg and Reuters, a sentiment tool that shows long and short positioning, Trading Central research, and an economic calendar for tracking major global events. Both platforms cover the core research needs most traders look for, making them well suited for staying on top of price drivers and market updates.
The main difference is that FP Markets includes Autochartist, while FOREX.com does not. Even so, FOREX.com comes out ahead overall for research, earning 5 out of 5 stars and a #7 ranking out of 36 brokers from ForexBrokers.com, compared with FP Markets’ 4 stars and #22 ranking. In short, both brokers are useful for market research, but FOREX.com has the edge on overall research quality, while FP Markets stands out for adding Autochartist.
| Feature |
FOREX.com
|
FP Markets
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | Yes |
| Trading Central | Yes | Yes |
| Client sentiment data | Yes | Yes |
| TipRanks | No | No |
| Acuity Trading | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
Both FOREX.com and FP Markets give beginners a solid set of learning tools, including forex and CFDs education with at least 10 topic-focused pieces, monthly educational webinars, and 10 or more beginner videos. Each broker also offers advanced videos for traders who want to go further, so either platform can work well for someone starting out and looking to build confidence with guided lessons and live teaching sessions.
That said, FOREX.com has the edge for education overall. It earns a 5-star Education rating and ranks #4 out of 36 brokers at ForexBrokers.com, while FP Markets is rated 4 stars and ranks #22. If you want the broker with the stronger track record for educational support, FOREX.com stands out, but FP Markets still provides a useful learning library for new traders.
| Feature |
FOREX.com
|
FP Markets
|
|---|---|---|
| Webinars | Yes | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that FOREX.com is better than FP Markets. FOREX.com finished with an overall rank of #4, while FP Markets finished with an overall rank of #19.
FOREX.com is a trusted brand that delivers an excellent trading experience for forex and CFDs traders across the globe. It offers a wide range of markets and provides an impressive suite of proprietary platforms – alongside limited access to MetaTrader.
| Feature |
FOREX.com
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FP Markets
|
|---|---|---|
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| Trust Score | 99 | 90 |
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In a FOREX.com vs FP Markets comparison for crypto trading, neither broker supports purchasing actual (delivered) cryptocurrency, but both offer cryptocurrency CFD trading.
Compared with FP Markets, online broker FOREX.com supports ACH/SEPA transfers in addition to PayPal, Skrill, and bank wire deposits/withdrawals, whereas FP Markets offers PayPal, Skrill, and bank wires but not ACH/SEPA; Visa/Mastercard availability is not specified for either.
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 | FOREX.com | FP Markets | |
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| Trust Score | 99 | 90 | |
| Winner | check_circle | ||
| Review | FOREX.com Review | FP Markets Review |
| Broker Screenshots | FOREX.com | FP Markets | |
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| Regulation | FOREX.com | FP Markets | |
|---|---|---|---|
| Trust Score | 99 | 90 | |
| Year Founded | 1999 | 2005 | |
| Publicly Traded (Listed) | Yes | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 7 | 2 | |
| Tier-2 Licenses | 2 | 1 | |
| Tier-3 Licenses | 1 | 0 | |
| Tier-4 Licenses | 1 | 2 |
| Tier-1 Licenses (Highly Trusted) | FOREX.com | FP Markets | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | Yes | |
| Canada (CIRO Authorised) | Yes | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (FSA Authorised) | Yes | No | |
| Singapore (MAS Authorised) | Yes | No | |
| Switzerland (FINMA Authorised) | No | ||
| United Kingdom (U.K.) (FCA Authorised) | Yes | No | |
| USA (CFTC Authorized) | Yes | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes |
| Tier-2 Licenses (Trusted) | FOREX.com | FP Markets | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | ||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | Yes | |
| UAE (DFSA, FSRA, or CMA Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No |
| Investments | FOREX.com | FP Markets | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 5500 | 10000 | |
| Forex Pairs (Total) | 80 | 71 | |
| U.S. Stocks (Shares) | Yes | No | |
| Global Stocks (Non-U.S. Shares) | Yes | No | |
| Copy Trading | No | Yes | |
| Cryptocurrency (Underlying) | No | No | |
| Cryptocurrency (CFDs) | 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 | FOREX.com | FP Markets | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | 1.00 | 1.3 | |
| All-in Cost EUR/USD - Active | 1.13 | 0.9 | |
| Inactivity Fee | Yes | No | |
| Order execution: Agency | No | No | |
| Order execution: Market Maker | Yes | Yes |
| Funding | FOREX.com | FP Markets | |
|---|---|---|---|
| Minimum Deposit | $100 | $100 AUD | |
| PayPal (Deposit/Withdraw) | Yes | Yes | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer | Yes | No |
| Trading Platforms | FOREX.com | FP Markets | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | No | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | No | Yes |
| Trading Tools | FOREX.com | FP Markets | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 90 | 30 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | FOREX.com | FP Markets | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | Yes | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | Yes | No | |
| Mobile Charting - Indicators / Studies | 90 | MetaTrader (Default) | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | Yes | Yes | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | FOREX.com | FP Markets | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | Yes | |
| Trading Central | Yes | Yes | |
| TipRanks | No | No | |
| Client sentiment data | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | FOREX.com | FP Markets | |
|---|---|---|---|
| Webinars | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | Yes |
| Major Forex Pairs | FOREX.com | FP Markets | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | FOREX.com Review | FP Markets Review |
| Overall | FOREX.com | FP Markets | |
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| Trust Score | 99 | 90 | |
| Winner | check_circle | ||
| Review | FOREX.com Review | FP Markets Review |
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