Written by ForexBrokers.com
In this head to head comparison of FP Markets vs GBE brokers, 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, established in 2005, stands as a well-regarded choice in the online trading landscape. With a Trust Score of 89 from ForexBrokers.com, it is considered a trusted option for traders. The company holds two Tier-1 licenses and one Tier-2 license, signifying a strong regulatory foundation. Although not publicly traded or a banking institution, FP Markets' regulatory credentials cater to traders looking for reliable partners in the financial world.
GBE Brokers, founded in 2013, offers a different profile with a ForexBrokers.com Trust Score of 71, placing it in the average risk category. Holding one Tier-1 license and no Tier-2 licenses, GBE Brokers provides an option for those who prioritize different features in a broker. Similar to FP Markets, it is neither a publicly traded company nor a bank. Both brokers offer unique advantages, making them suitable for various investor needs and preferences.
| Feature |
FP Markets
|
GBE brokers
|
|---|---|---|
| Year Founded | 2005 | 2013 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 1 |
| Tier-2 Licenses | 1 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 2 | 1 |
FP Markets is the clear leader on pricing in this matchup. It earns 5 stars for commissions and fees and ranks #6 out of 63 brokers (Best in Class in 2024), while GBE Brokers holds 4 stars and ranks #38. A key difference is transparency: FP Markets publishes detailed pricing across platforms, whereas average spread data for GBE Brokers isn’t available, making direct cost comparisons harder.
With FP Markets, the Raw ECN account is the standout for low costs. Spreads averaged 0.1 pips on EUR/USD as of October 2023, with an all-in cost around 0.8 pips after adding the flat $6 per round-turn commission per standard lot on MetaTrader or cTrader. The Standard (spread-only) account averaged 1.1 pips on EUR/USD, which is pricier than the Raw ECN option. These choices give traders flexibility to pair tight spreads with a commission or keep it simple with spread-only pricing.
For share CFDs, FP Markets’ Iress platform offers DMA pricing with full depth of book. The ViewPoint accounts in Australia require higher balances (Standard AUD 1,000, Platinum AUD 25,000, Premier AUD 50,000), and you must either qualify for Premier or spend at least AUD 150 in monthly commissions to avoid platform and data fees—making it best for active, higher-balance traders. The lower-cost Iress Investor plan waives monthly fees but lacks streaming data and has simpler charts.
| Feature |
FP Markets
|
GBE brokers
|
|---|---|---|
| Minimum Deposit | $100 AUD | $1000 |
| Average spread (EUR/USD) - Standard account | 1.2 | N/A |
| All-in Cost EUR/USD - Active | 0.7 | N/A |
| Non-wire bank transfer | No | Yes |
| PayPal (Deposit/Withdraw) | Yes | |
| Skrill (Deposit/Withdraw) | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes |
Dive deeper: Best Low Spread Forex Brokers.
Comparing FP Markets vs GBE brokers on range of investments: both let you trade forex (CFD/spot) and both list 71 currency pairs. The big difference is scale—FP Markets offers about 10,000 tradeable symbols, while GBE brokers has around 500. Neither broker provides access to exchange-traded shares in the U.S. or on other international stock exchanges (share dealing outside of CFDs isn’t available).
Both brokers support copy trading and offer crypto exposure via CFDs, but you can’t buy actual cryptocurrencies with either. For breadth of markets, FP Markets earns 4.5 out of 5 stars and ranks 19th out of 63 brokers for Range of Investments, compared with GBE brokers at 3.5 stars and 45th. If you want the widest choice of instruments alongside the same number of forex pairs, FP Markets stands out; if you only need a leaner lineup with similar core features, GBE brokers may still fit.
| Feature |
FP Markets
|
GBE brokers
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 10000 | 500 |
| Forex Pairs (Total) | 71 | 71 |
| U.S. Stocks (Shares) | No | No |
| Global Stocks (Non-U.S. Shares) | No | No |
| 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 vs GBE brokers: Both offer free demo (paper) accounts, support MetaTrader 4 and MetaTrader 5, and provide web-based and Windows desktop platforms. Each lets you place trades directly from charts and includes copy trading, making it easy to test strategies and follow other traders.
The key difference is that FP Markets also offers a proprietary, in-house platform, while GBE brokers does not. Although both earn 4 stars for Trading Platforms and Tools, ForexBrokers.com ranks FP Markets #23 out of 63 brokers in this category versus GBE brokers at #58. If you want an extra native platform option alongside MetaTrader, FP Markets may be the better fit; if standard web and desktop access with MT4/MT5 is enough, GBE brokers can still suit your needs.
| Feature |
FP Markets
|
GBE brokers
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | No |
| 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 | 30 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
FP Markets and GBE brokers both deliver capable mobile trading apps for iPhone and Android, complete with price alerts, trendline drawing, and auto‑saving of chart annotations. Each earns 4 stars for mobile trading, but their standing differs in industry comparisons: ForexBrokers.com ranks FP Markets at #18 out of 63 brokers and GBE brokers at #58. One shared limitation is watchlist symbol syncing—neither app syncs watchlists between mobile and the web platform.
For charting, FP Markets uses MetaTrader’s default toolset, while GBE brokers offers 30 built-in technical studies. If you want a higher-rated app experience and are comfortable with MetaTrader’s indicator lineup, FP Markets has the edge based on rankings. If a defined set of 30 indicators matters more to you, GBE brokers may fit your needs. Both are solid choices for on-the-go forex and CFD trading, with alerts and drawing tools available on mobile.
| Feature |
FP Markets
|
GBE brokers
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | No | No |
| Mobile Charting - Indicators / Studies | MetaTrader (Default) | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
Comparing FP Markets vs GBE brokers for market research, both deliver daily market commentary, an economic calendar, and a sentiment tool that shows long/short positioning. FP Markets goes further with forex news from top-tier sources (e.g., Bloomberg/Reuters/Dow Jones), plus third-party research from Autochartist and Trading Central for technical and fundamental ideas. GBE brokers does not provide these premium news feeds or these third-party tools, which may matter if you rely on scanner-driven trade ideas and independent analytics.
On extras, FP Markets does not include TipRanks or Acuity Trading; the availability of TipRanks or Acuity at GBE brokers was not specified. Overall results reflect these differences: FP Markets earns 4 out of 5 stars for Research and ranks #25 out of 63 brokers on ForexBrokers.com, while GBE brokers scores 3 out of 5 stars and ranks #63 out of 63. If you want a wider mix of in-platform news and analytics, FP Markets has the edge; if you only need basic commentary, calendar, and sentiment, either broker can fit.
| Feature |
FP Markets
|
GBE brokers
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | No |
| Autochartist | Yes | No |
| Trading Central | Yes | No |
| Client sentiment data | Yes | Yes |
| TipRanks | No | |
| Acuity Trading | No | |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
For beginners who want clear, structured learning, FP Markets stands out. It offers 10+ beginner-focused trading videos, runs client webinars at least once a month, and also has 10+ advanced videos for when you’re ready to go deeper. This mix helps new traders learn forex and CFDs at a steady pace. FP Markets earned 4 out of 5 stars for Education and is ranked 23rd by ForexBrokers.com in the Education category.
GBE brokers takes a lighter approach to education. It does not run monthly educational webinars and does not offer at least 10 beginner or advanced videos, which may leave new traders with fewer guided starting points. GBE brokers holds a 3 out of 5 star Education rating and is ranked 64th by ForexBrokers.com. If learning resources are a top priority, FP Markets is the stronger pick for newcomers.
| Feature |
FP Markets
|
GBE brokers
|
|---|---|---|
| Webinars | Yes | No |
| Videos - Beginner Trading Videos | Yes | No |
| 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 GBE brokers. FP Markets finished with an overall rank of #19, while GBE brokers finished with an overall rank of #57.
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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GBE brokers
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|---|---|---|
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| Trust Score | 89 | 71 |
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FP Markets vs GBE Brokers: neither broker lets you buy actual (delivered) cryptocurrencies, but both offer cryptocurrency CFD trading, making them comparable choices for traders seeking derivative exposure without owning the underlying coins.
FP Markets vs GBE Brokers: GBE Brokers supports ACH/SEPA transfers while FP Markets does not; FP Markets offers PayPal, Skrill, and bank wire funding, while GBE’s availability for PayPal, Skrill, Visa/Mastercard, and bank wires—and Visa/Mastercard availability for both brokers—are not specified.
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 | GBE brokers | |
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| Trust Score | 89 | 71 | |
| Winner | check_circle | ||
| Review | FP Markets Review |
| Broker Screenshots | FP Markets | GBE brokers | |
|---|---|---|---|
| Broker Gallery (click to expand) |
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| Regulation | FP Markets | GBE brokers | |
|---|---|---|---|
| Trust Score | 89 | 71 | |
| Year Founded | 2005 | 2013 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 2 | 1 | |
| Tier-2 Licenses | 1 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 2 | 1 |
| Tier-1 Licenses (Highly Trusted) | FP Markets | GBE brokers | |
|---|---|---|---|
| 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 | 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 | GBE brokers | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA, FSRA, or SCA Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | FP Markets | GBE brokers | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 10000 | 500 | |
| Forex Pairs (Total) | 71 | 71 | |
| U.S. Stocks (Shares) | No | No | |
| Global Stocks (Non-U.S. Shares) | No | No | |
| 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 | GBE brokers | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | 1.2 | N/A | |
| All-in Cost EUR/USD - Active | 0.7 | N/A | |
| Inactivity Fee | No | No | |
| Order execution: Agency | No | No | |
| Order execution: Market Maker | Yes | Yes |
| Funding | FP Markets | GBE brokers | |
|---|---|---|---|
| Minimum Deposit | $100 AUD | $1000 | |
| PayPal (Deposit/Withdraw) | Yes | ||
| Skrill (Deposit/Withdraw) | Yes | ||
| Bank Wire (Deposit/Withdraw) | Yes | ||
| Non-wire bank transfer | No | Yes |
| Trading Platforms | FP Markets | GBE brokers | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | No | |
| 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 | No |
| Trading Tools | FP Markets | GBE brokers | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 30 | 30 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | FP Markets | GBE brokers | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | Yes | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | No | No | |
| Mobile Charting - Indicators / Studies | MetaTrader (Default) | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | Yes | Yes | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | FP Markets | GBE brokers | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | No | |
| Autochartist | Yes | No | |
| Trading Central | Yes | No | |
| TipRanks | No | ||
| Client sentiment data | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | FP Markets | GBE brokers | |
|---|---|---|---|
| Webinars | Yes | No | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | Yes | No |
| Major Forex Pairs | FP Markets | GBE brokers | |
|---|---|---|---|
| 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 |
| Overall | FP Markets | GBE brokers | |
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| Trust Score | 89 | 71 | |
| Winner | check_circle | ||
| Review | FP Markets Review |
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