Written by ForexBrokers.com
In this head to head comparison of FP Markets vs FxPro, 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 (founded 2005) and FxPro (founded 2006) are online brokers that are not publicly traded. FP Markets is not a bank, while FxPro is a bank. Both brands are well established and compete for traders who want clear oversight and a long track record.
On regulation, FP Markets and FxPro each hold two Tier-1 licenses (considered highly trusted) and one Tier-2 license (trusted). ForexBrokers.com assigns FP Markets a Trust Score of 90 and FxPro a 93. Scores of 90–99 are highly trusted, 80–89 trusted, 70–79 average risk, 60–69 high risk, and 59 or lower should not be trusted. FxPro edges FP Markets on trust, but both land in the highly trusted range.
| Feature |
FP Markets
|
FxPro
|
|---|---|---|
| Year Founded | 2005 | 2006 |
| Publicly Traded (Listed) | No | No |
| Bank | No | Yes |
| Tier-1 Licenses | 2 | 2 |
| Tier-2 Licenses | 1 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 2 | 2 |
FP Markets comes out ahead of FxPro on commissions and fees, thanks to its low-cost trading options on MetaTrader and cTrader. Its Raw ECN account is the standout choice for value, with very tight spreads and a commission-based model that keeps total trading costs low. FP Markets also earned Best in Class honors for Commissions and Fees in our 2024 Annual Awards. By contrast, FxPro’s pricing is above the industry average, with its best rates typically found on cTrader, but even there costs are higher than many rivals.
For everyday forex trading, FP Markets’ Raw ECN account averaged 0.1 pips in spread, or about 0.8 pips all-in after commission, while its Standard account was pricier at around 1.1 pips on EUR/USD. FxPro’s cTrader pricing worked out to about 1.27 pips on EUR/USD all-in, and its MT4/MT5 variable-spread accounts were even more expensive. FP Markets also offers DMA-style pricing on its Iress share CFD platform, though some Iress account types and data access can add fees. FxPro has some useful features, like an Active Trader program with discounts of up to 30%, but its overall pricing still trails cheaper brokers.
In terms of ratings and rankings, FP Markets is rated 4.5 out of 5 stars and ranks #11 out of 36 brokers for Commissions and Fees. FxPro is rated 4 out of 5 stars and ranks #29 out of 36. For traders who care most about keeping costs down, FP Markets is the stronger pick.
| Feature |
FP Markets
|
FxPro
|
|---|---|---|
| Minimum Deposit | $100 AUD | $100 |
| Average spread (EUR/USD) - Standard account | 1.3 | 1.6 |
| All-in Cost EUR/USD - Active | 0.9 | 1.3 |
| Non-wire bank transfer | No | Yes |
| 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, FP Markets offers more variety overall than FxPro. FP Markets lists 10,000 tradeable symbols, compared with FxPro’s 2,249, and it also provides a slightly wider selection of forex pairs, with 71 versus 70. Both brokers support forex trading as CFDs or spot contracts, offer copy trading, and let clients trade cryptocurrency CFDs, but neither allows the purchase of actual cryptocurrency or U.S.-listed exchange traded securities outside CFDs.
The biggest difference is that FxPro gives access to exchange traded securities on international exchanges, while FP Markets does not. Even so, FP Markets is rated higher for range of investments, with 4.5 out of 5 stars and a #17 ranking out of 36 brokers from ForexBrokers.com, compared with FxPro’s 4 stars and #24 ranking. For traders looking for the broader choice of markets, FP Markets has the edge.
| Feature |
FP Markets
|
FxPro
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 10000 | 2249 |
| Forex Pairs (Total) | 71 | 70 |
| U.S. Stocks (Shares) | No | No |
| Global Stocks (Non-U.S. Shares) | No | Yes |
| Copy Trading | Yes | 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.
FP Markets and FxPro both give traders a wide choice of platforms and tools, making either broker a solid option for everyday trading. Each one offers a free demo account for simulated trading, a proprietary platform, Windows desktop software, a web-based platform, copy trading, MetaTrader 4, and MetaTrader 5. Both also let users place trades directly from charts, which can make fast decisions easier for active traders.
When it comes to overall platform quality, both brokers are rated 4 out of 5 stars for Trading Platforms and Tools. FxPro has a slight edge in ForexBrokers.com’s ranking, placing #18 out of 36 brokers, compared with FP Markets at #22. For traders comparing platform variety and convenience, the two brokers are closely matched, with FxPro holding a small lead in third-party ranking.
| Feature |
FP Markets
|
FxPro
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| Charting - Indicators / Studies (Total) | 30 | 53 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
FP Markets and FxPro both make mobile trading easy for iPhone and Android users, and each app supports price alerts, trendline drawing, and auto-saving chart drawings. That means traders can stay on top of the market and manage charts on the go with either broker. FP Markets uses the default MetaTrader chart setup in its app, while FxPro gives mobile users access to 65 technical studies, which may appeal to traders who want more built-in chart tools.
When it comes to convenience, FxPro has the edge thanks to watchlist symbol syncing, which lets changes made in the app and online account stay in step. FP Markets does not offer that feature. FxPro also scores higher overall for mobile trading apps, with a 4.5-star rating and a ForexBrokers.com ranking of #15 out of 36 brokers, compared with FP Markets at 4 stars and #20 out of 36. For traders focused on mobile app features and syncing, FxPro comes out ahead, while FP Markets still covers the core tools most users need.
| Feature |
FP Markets
|
FxPro
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | No | Yes |
| Mobile Charting - Indicators / Studies | MetaTrader (Default) | 65 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
FP Markets and FxPro both offer a solid set of market research tools for traders who want help spotting opportunities and keeping up with news. Each broker provides daily market commentary, forex news from top sources such as Bloomberg, Reuters, or Dow Jones, a sentiment tool that shows long and short positioning, and an economic calendar for upcoming global events. Both are also rated 4 out of 5 stars for Research, with FP Markets ranked #22 out of 36 brokers and FxPro close behind at #23.
The main difference is that FP Markets includes Autochartist, while FxPro does not. Both brokers do offer Trading Central tools, but neither provides TipRanks or Acuity Trading resources. Overall, FP Markets has a slight edge for research thanks to Autochartist and its slightly higher ranking, while FxPro still offers a comparable research experience for most everyday traders.
| Feature |
FP Markets
|
FxPro
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | Yes | No |
| 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.
When it comes to beginner learning tools, both FP Markets and FxPro give new traders plenty to work with. Each broker offers at least 10 beginner-focused videos, and both earn a 4-star Education rating. FxPro also edges ahead on the ForexBrokers.com Education ranking, placing #17 out of 36 brokers compared with FP Markets at #22.
FP Markets stands out for traders who want more ongoing support and deeper learning. It offers monthly educational webinars, while FxPro does not, and FP Markets also provides at least 10 advanced videos for more experienced traders, which FxPro lacks. If you are just starting out, either broker can help, but FP Markets has the stronger mix of live teaching and advanced learning material.
| Feature |
FP Markets
|
FxPro
|
|---|---|---|
| Webinars | Yes | No |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | 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 FxPro. FP Markets finished with an overall rank of #19, while FxPro finished with an overall rank of #20.
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 10,000 tradeable symbols, but it’s mostly a share trading platform – and is generally a much pricier option.
| Feature |
FP Markets
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FxPro
|
|---|---|---|
| Overall Rating |
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| Trust Score | 90 | 93 |
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FP Markets and FxPro both offer cryptocurrency trading via CFDs but do not allow the purchase or delivery of actual cryptocurrencies, making them suitable for traders seeking crypto CFD exposure rather than coin ownership.
Comparing funding options, both FP Markets and FxPro support PayPal, Skrill, and bank wire transfers, but only FxPro offers ACH/SEPA for deposits and withdrawals, while Visa/Mastercard availability is not specified for either broker.
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 | FxPro | |
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| Trust Score | 90 | 93 | |
| Winner | check_circle | ||
| Review | FP Markets Review | FxPro Review |
| Broker Screenshots | FP Markets | FxPro | |
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| Regulation | FP Markets | FxPro | |
|---|---|---|---|
| Trust Score | 90 | 93 | |
| Year Founded | 2005 | 2006 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | Yes | |
| 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 | 2 | 2 |
| Tier-1 Licenses (Highly Trusted) | FP Markets | FxPro | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | No | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (FSA 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 | FxPro | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | ||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | Yes | |
| UAE (DFSA, FSRA, or CMA Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | FP Markets | FxPro | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 10000 | 2249 | |
| Forex Pairs (Total) | 71 | 70 | |
| U.S. Stocks (Shares) | No | No | |
| Global Stocks (Non-U.S. Shares) | No | Yes | |
| Copy Trading | Yes | 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 | FP Markets | FxPro | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | 1.3 | 1.6 | |
| All-in Cost EUR/USD - Active | 0.9 | 1.3 | |
| Inactivity Fee | No | Yes | |
| Order execution: Agency | No | Yes | |
| Order execution: Market Maker | Yes | Yes |
| Funding | FP Markets | FxPro | |
|---|---|---|---|
| Minimum Deposit | $100 AUD | $100 | |
| PayPal (Deposit/Withdraw) | Yes | Yes | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer | No | Yes |
| Trading Platforms | FP Markets | FxPro | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | Yes | Yes |
| Trading Tools | FP Markets | FxPro | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 30 | 53 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | FP Markets | FxPro | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | Yes | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | No | Yes | |
| Mobile Charting - Indicators / Studies | MetaTrader (Default) | 65 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | Yes | Yes | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | FP Markets | FxPro | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | Yes | No | |
| Trading Central | Yes | Yes | |
| TipRanks | No | No | |
| Client sentiment data | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | FP Markets | FxPro | |
|---|---|---|---|
| Webinars | Yes | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No |
| Major Forex Pairs | FP Markets | FxPro | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | FP Markets Review | FxPro Review |
| Overall | FP Markets | FxPro | |
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| Trust Score | 90 | 93 | |
| Winner | check_circle | ||
| Review | FP Markets Review | FxPro Review |
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