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 | 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 | Yes |
| PayPal (Deposit/Withdraw) | Yes | Yes |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
FP Markets vs GBE brokers: for sheer variety, FP Markets lists about 10,000 tradeable symbols compared with GBE brokers’ roughly 500. Both offer 71 forex pairs and support forex trading via CFDs or spot contracts, depending on the product. Neither broker lets you buy actual shares on U.S. or international exchanges (only derivatives). In ForexBrokers.com’s Range of Investments category, FP Markets scores 4.5/5 and ranks #19 out of 63 brokers, while GBE brokers earns 3.5/5 and ranks #45.
Both platforms include copy trading. If you want crypto exposure, neither lets you buy real coins, but both provide cryptocurrency derivatives. In short, FP Markets is better suited to traders who want a much wider selection of markets, while GBE brokers covers the essentials with a smaller lineup.
| Feature |
FP Markets
|
GBE brokers
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 10000 | 500 |
| Forex Pairs (Total) | 71 | 71 |
| 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.
Comparing FP Markets vs GBE brokers on trading platforms and tools, both offer the core essentials: free demo (paper) accounts, Windows desktop and web platforms, MetaTrader 4 (MT4) and MetaTrader 5 (MT5), copy trading, trading directly from charts, and watchlists with 7 columns. Each earns 4 out of 5 stars for platforms and tools; however, their category rankings differ on ForexBrokers.com, with FP Markets at #23 out of 63 brokers and GBE brokers at #58.
The main differences are in platform choice and charting tools. FP Markets also provides a proprietary (in-house) platform alongside MT4/MT5, while GBE brokers relies on third-party platforms only. For charting, FP Markets lists 17 drawing tools versus 15 at GBE brokers; counts for technical indicators were not specified for either. Neither broker supports DupliTrade or ZuluTrade. If you want an in-house platform option and slightly more drawing tools, FP Markets has an edge; if you’re focused on MetaTrader and standard features, GBE brokers can still meet the need.
| Feature |
FP Markets
|
GBE brokers
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | No |
| 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 | 30 |
| Charting - Drawing Tools (Total) | 17 | 15 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
FP Markets vs GBE brokers: both offer iPhone and Android mobile trading apps with price alerts, real-time watchlists, trendline drawing, multiple time frames, and auto-saving chart drawings. One notable gap is watchlist symbol syncing—neither broker syncs mobile watchlists with the web platform.
For charting, FP Markets uses the standard MetaTrader toolset in its mobile app, while GBE brokers lists 30 built-in technical studies. Both earned 4 out of 5 stars for mobile trading apps, yet ForexBrokers.com ranks FP Markets higher (#18 of 63) than GBE brokers (#58 of 63). If you want similar day-to-day mobile tools with a stronger independent ranking, FP Markets stands out; if a fixed count of indicators matters to you, GBE brokers specifies 30.
| Feature |
FP Markets
|
GBE brokers
|
|---|---|---|
| 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) | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | Yes | Yes |
| Mobile Watchlist | 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 | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | No |
| Autochartist | Yes | No |
| Trading Central (Recognia) | Yes | No |
| Social Sentiment - Currency Pairs | Yes | Yes |
| TipRanks | No | |
| Signal Centre (Acuity Trading) | No | |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
FP Markets offers a fuller learning path for new traders. It provides a dedicated forex and CFD education hub with 10+ pieces of content, runs client webinars at least monthly, and keeps a searchable archive of past sessions. You’ll also find at least 10 beginner videos, at least 10 advanced videos for when you’re ready to level up, and an investor dictionary with 50+ terms. In our view, this setup makes it easier to start and keep improving. FP Markets holds a 4-star Education rating and is ranked 23rd by ForexBrokers.com for Education.
GBE brokers, on the other hand, doesn’t meet the 10-piece threshold for forex/CFD education, doesn’t host monthly webinars, and doesn’t maintain a searchable webinar archive. It also lacks libraries of at least 10 beginner videos and 10 advanced videos, and it doesn’t offer an investor dictionary with 50+ terms. GBE brokers has a 3-star Education rating and is ranked 64th by ForexBrokers.com for Education. If education is a priority—especially webinars, video courses, and a glossary—FP Markets is the more beginner-friendly choice.
| Feature |
FP Markets
|
GBE brokers
|
|---|---|---|
| Education (Forex or CFDs) | Yes | No |
| Client Webinars | Yes | No |
| Client Webinars (Archived) | Yes | No |
| Videos - Beginner Trading Videos | Yes | No |
| Videos - Advanced Trading Videos | Yes | No |
| Investor Dictionary (Glossary) | 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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|---|---|---|
| Overall Rating |
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| Trust Score | 89 | 71 |
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Both FP Markets and GBE Brokers do not offer the option to buy actual delivered cryptocurrency, but they do provide the ability to purchase cryptocurrency derivatives.
FP Markets and GBE Brokers both support key deposit and withdrawal options like PayPal, Skrill, Visa, Mastercard, and bank wires, but only GBE Brokers provides ACH and SEPA transfers, making it the more diverse option for funding and withdrawing from trading accounts.
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 | |
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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/Central Bank 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. 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 | GBE brokers | |
|---|---|---|---|
| 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 | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | FP Markets | GBE brokers | |
|---|---|---|---|
| Minimum Deposit | $100 AUD | $1000 | |
| PayPal (Deposit/Withdraw) | Yes | Yes | |
| 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 | GBE brokers | |
|---|---|---|---|
| Proprietary Platform | Yes | No | |
| 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 | GBE brokers | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 7 | 7 | |
| Charting - Indicators / Studies (Total) | 30 | 30 | |
| Charting - Drawing Tools (Total) | 17 | 15 | |
| 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 Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | No | No | |
| Mobile Charting - Indicators / Studies | MetaTrader (Default) | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | Yes | |
| Mobile Economic Calendar | Yes | Yes |
| Research | FP Markets | GBE brokers | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | No | |
| Autochartist | Yes | No | |
| Trading Central (Recognia) | Yes | No | |
| TipRanks | No | ||
| Social Sentiment - Currency Pairs | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | FP Markets | GBE brokers | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | No | |
| Client Webinars | Yes | No | |
| Client Webinars (Archived) | Yes | No | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | Yes | No | |
| Investor Dictionary (Glossary) | Yes | No |
| Major Forex Pairs | FP Markets | GBE brokers | |
|---|---|---|---|
| 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 |
| Overall | FP Markets | GBE brokers | |
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| Trust Score | 89 | 71 | |
| Winner | check_circle | ||
| Review | FP Markets Review |
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