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FP Markets vs Markets.com 2022

ForexBrokers.com

Written by ForexBrokers.com

November 08, 2022

Is FP Markets better than Markets.com? In our analysis of 23 international regulators across 39 of the best forex brokers, FP Markets is considered average-risk, with an overall Trust Score of 86 out of 99. Markets.com is considered low-risk, with an overall Trust Score of 98 out of 99. Learn more about Trust Score.

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Overall RatingFP MarketsMarkets.comIG
Overall Rating4.5 Stars4.5 Stars5 Stars
Commissions & Fees5 Stars3.5 Stars5 Stars
Offering of Investments4.5 Stars4 Stars5 Stars
Platform & Tools4 Stars4 Stars5 Stars
Mobile Trading4 Stars4 Stars5 Stars
Research4 Stars4 Stars5 Stars
Education4 Stars3.5 Stars5 Stars
Trust Score869899
Winnercheck_circle
ReviewFP Markets ReviewMarkets.com ReviewIG Review
RegulationFP MarketsMarkets.comIG
Trust Score869899
Year Founded200519991974
Publicly Traded (Listed)NoYesYes
BankNoNoYes
Tier-1 Licenses127
Tier-2 Licenses222
Tier-3 Licenses011
Authorised in European UnionYesYesYes
About RegulationA โ€œYesโ€ for any individual regulator indicates that the broker has at least one brand or entity that is licensed and/or authorized by that regulator within its group/organizational structure. Learn more about Trust Score.A โ€œYesโ€ for any individual regulator indicates that the broker has at least one brand or entity that is licensed and/or authorized by that regulator within its group/organizational structure. Learn more about Trust Score.A โ€œYesโ€ for any individual regulator indicates that the broker has at least one brand or entity that is licensed and/or authorized by that regulator within its group/organizational structure. Learn more about Trust Score.
Tier-1 Licenses (High Trust)FP MarketsMarkets.comIG
ASIC Authorised (Australia)YesYesYes
IIROC Authorised (Canada)NoNoNo
SFC Authorised (Hong Kong)NoNoNo
CBI Authorised (Ireland)NoNoNo
FSA Authorised (Japan)NoNoYes
MAS Authorised (Singapore)NoNoYes
FINMA Authorised (Switzerland)NoNoYes
FCA Authorised (U.K.)NoNoYes
CFTC Registered (USA)NoNoYes
FMA Authorised (New Zealand)NoNoYes
Tier-2 Licenses (Average Trust)FP MarketsMarkets.comIG
CBRC Authorised (China)NoNoNo
CySEC Authorised (Cyprus)YesYesNo
SEBI Authorised (India)NoNoNo
ISA Authorised (Israel)NoNoNo
CBR Authorised (Russia)NoNoNo
FSCA Authorised (South Africa)YesYesYes
SEC Authorised (Thailand)NoNoNo
DFSA / Central Bank Authorised (UAE)NoNoYes
Tier-3 Licenses (Low Trust)FP MarketsMarkets.comIG
SCB Authorised (Bahamas)NoNoNo
IFSC Authorised (Belize)NoNoNo
CIMA Authorised (Cayman Islands)NoNoNo
BMA Authorised (Bermuda)NoNoYes
FSC Authorised (British Virgin Islands)NoYesNo
FSC Authorised (Mauritius)NoNoNo
VFSC Authorised (Vanuatu)NoNoNo
InvestmentsFP MarketsMarkets.comIG
Forex Trading (Spot or CFDs)YesYesYes
Tradeable Symbols (Total)9956217919537
Forex Pairs (Total)6357100
U.S. Stock Trading (Non CFD)NoNoYes
Int'l Stock Trading (Non CFD)NoNoYes
Social Trading / Copy TradingYesYesYes
Cryptocurrency (Physical)NoNoNo
Cryptocurrency (CFD)YesYesYes
DisclaimersNote: 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).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).
CostFP MarketsMarkets.comIG
Average Spread EUR/USD - Standard1.2 (August 2022)1.9 (as of Oct 2019)0.86 (September 2022)
All-in Cost EUR/USD - Active0.7 (August 2022)1.9 (as of May 2019)0.5957 (September 2022)
Active Trader or VIP DiscountsYesYesYes
Execution: Agency BrokerNoNoYes
Execution: Market MakerYesYesYes
FundingFP MarketsMarkets.comIG
Minimum Initial Deposit$100 AUD$100ยฃ250.00
PayPal (Deposit/Withdraw)YesNoYes
Skrill (Deposit/Withdraw)YesYesNo
Visa/Mastercard (Credit/Debit)YesYesYes
Bank Wire (Deposit/Withdraw)YesYesYes
Trading PlatformsFP MarketsMarkets.comIG
Proprietary PlatformYesYesYes
Desktop Platform (Windows)YesYesYes
Web PlatformYesYesYes
Social Trading / Copy TradingYesYesYes
MetaTrader 4 (MT4)YesYesYes
MetaTrader 5 (MT5)YesYesNo
cTraderNoNoNo
DupliTradeNoNoNo
ZuluTradeNoNoNo
Trading ToolsFP MarketsMarkets.comIG
Virtual Trading (Demo)YesYesYes
Alerts - Basic FieldsYesNoYes
Watchlists - Total Fields7614
Charting - Indicators / Studies (Total)308933
Charting - Drawing Tools (Total)15420
Charting - Trade From ChartYesNoYes
Charts can be savedYesYesYes
Mobile TradingFP MarketsMarkets.comIG
Android AppYesYesYes
Apple iOS AppYesYesYes
Mobile Alerts - Basic FieldsYesYesYes
Mobile WatchlistYesYesYes
Watchlist SyncingNoYesYes
Mobile Charting - Indicators / StudiesMetaTrader (Default)(default on MT4, none on Markets app)33
Mobile Charting - Draw TrendlinesYesYesYes
Mobile Charting - Multiple Time FramesYesNoYes
Mobile Charting - Drawings AutosaveYesNoYes
Forex CalendarYesNoYes
ResearchFP MarketsMarkets.comIG
Daily Market CommentaryYesYesYes
Forex News (Top-Tier Sources)YesYesYes
AutochartistYesNoYes
Trading Central (Recognia)NoNoNo
Social Sentiment - Currency PairsYesYesYes
Economic CalendarYesYesYes
EducationFP MarketsMarkets.comIG
Has Education - Forex or CFDsYesNoYes
Client WebinarsYesYesYes
Client Webinars (Archived)YesNoYes
Videos - Beginner Trading VideosYesYesYes
Videos - Advanced Trading VideosYesYesYes
Investor Dictionary (Glossary)YesNoYes
Major Forex PairsFP MarketsMarkets.comIG
GBP/USDYesNoYes
USD/JPYYesNoYes
EUR/USDYesNoYes
USD/CHFYesNoYes
USD/CADYesNoYes
NZD/USDYesNoYes
AUD/USDYesNoYes
ReviewFP Markets ReviewMarkets.com ReviewIG Review
OverallFP MarketsMarkets.comIG
Overall Rating4.5 Stars4.5 Stars5 Stars
Commissions & Fees5 Stars3.5 Stars5 Stars
Offering of Investments4.5 Stars4 Stars5 Stars
Platform & Tools4 Stars4 Stars5 Stars
Mobile Trading4 Stars4 Stars5 Stars
Research4 Stars4 Stars5 Stars
Education4 Stars3.5 Stars5 Stars
Trust Score869899
Winnercheck_circle
ReviewFP Markets ReviewMarkets.com ReviewIG Review
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FP Markets vs Markets.com Comparison

Comparing forex brokers side by side is no easy task. For our 2022 annual forex broker review, we spent hundreds of hours assessing 39 forex and CFD brokerages to find the best forex broker. Let's compare FP Markets vs Markets.com.

Does FP Markets or Markets.com offer lower pricing?

Comparing the trading costs of forex and CFDs is not easy. Not every broker publishes average spreads data, and pricing structures vary. Based on our thorough annual assessment, FP Markets offers better pricing overall for traders.

Is FP Markets or Markets.com safer for forex and CFDs trading?

At ForexBrokers.com, we track where each forex and CFD broker is regulated across over 23 international regulator databases. Here's our findings. Markets.com holds 2 global Tier-1 licenses, while FP Markets holds 1. Both FP Markets and Markets.com hold 2 global Tier-2 licenses. In our analysis of 23 international regulators across 50 brokers, Markets.com earned a higher Trust Score than FP Markets.

Which trading platform is better: FP Markets or Markets.com?

To compare the trading platforms of both FP Markets and Markets.com, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, IG offers a better experience. With research, IG offers superior market research. Finally, we found IG to provide better mobile trading apps.

What about MetaTrader and copy trading?

For forex and CFDs traders, copy trading and MetaTrader are both popular platform options. Both FP Markets and Markets.com offer MetaTrader 4 (MT4).FP Markets and Markets.com both offer copy trading.

How many forex pairs and CFDs are available to trade?

FP Markets provides traders 63 currency pairs (e.g., EUR/USD) compared to Markets.com's 57 available pairs. Forex pairs aside, FP Markets offers traders access to 9956 CFDs while Markets.com has 2179 available CFDs, a difference of 7777.

Can I trust FP Markets?

FP Markets is not publicly traded and does not operate a bank. FP Markets is authorised by one tier-1 regulator (high trust), two tier-2 regulator (average trust), and zero tier-3 regulators (low trust). FP Markets is authorised by the following tier-1 regulator: Australian Securities & Exchange Commission (ASIC).

Can I trust Markets.com?

Markets.com is publicly traded, does not operate a bank, and is authorised by two tier-1 regulators (high trust), two tier-2 regulators (average trust), and one tier-3 regulator (low trust). Markets.com is authorised by the following tier-1 regulators: Australian Securities & Investment Commission (ASIC) and the Financial Conduct Authority (FCA).

Is FP Markets good?

FP Markets shines as a low-cost broker for trading forex and CFDs โ€“ as long as you use the MetaTrader platform. The Iress platform suite offers well over 9,000 tradeable symbols, but itโ€™s mostly a share trading platform โ€“ and is generally a much pricier option.

Is Markets.com good?

Thanks to its web-based MarketsX platform, Markets.com is easy to use and new trader friendly. However, Markets.com is pricey and lacks the feature-rich trading tools required to compete with the best trading platforms.

Overall winner: IG

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We review each brokerโ€™s overall global offering โ€“ a โ€œYesโ€ 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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