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FP Markets vs Spreadex 2026

ForexBrokers.com

Written by ForexBrokers.com

February 05, 2025

In this head to head comparison of FP Markets vs Spreadex, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.

FP Markets
4.5/5 Stars Overall
  • Minimum Deposit: $100 AUD
  • Trust Score: 90
  • Tradeable Symbols (Total): 10000
Spreadex
4/5 Stars Overall
  • Minimum Deposit: $0
  • Trust Score: 70
  • Tradeable Symbols (Total): 10000

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.

Regulation

FP Markets vs Spreadex: regulation and trust at a glance. ForexBrokers.com classifies Trust Scores as 90–99 highly trusted, 80–89 trusted, 70–79 average risk, 60–69 high risk, and below 59 not trusted. FP Markets earns 90/99 (highly trusted) and holds 2 Tier-1 licenses plus 1 Tier-2 license. Spreadex scores 70/99 (average risk), with 1 Tier-1 license and 0 Tier-2 licenses.

Founded in 2005, FP Markets is not publicly traded and is not a bank; Spreadex, founded in 1999, is also neither publicly traded nor a bank. If regulatory strength is your priority, FP Markets shows broader top-tier oversight, while Spreadex carries fewer licenses and a lower Trust Score.

Feature FP Markets logoFP Markets
Spreadex logoSpreadex
Year Founded info 2005 1999
Publicly Traded (Listed) info No No
Bank info No No
Tier-1 Licenses info 2 1
Tier-2 Licenses info 1 0
Tier-3 Licenses info 0 0
Tier-4 Licenses info 2 0

Fees

FP Markets is built for low trading costs, especially if you choose its commission-based Raw ECN account on MetaTrader or cTrader. On EUR/USD, Raw ECN spreads averaged 0.1 pips as of October 2023, about 0.8 pips all-in after the $6 per round-turn commission per standard lot. The spread-only Standard account averaged 1.1 pips. For share CFDs, FP Markets’ Iress suite offers DMA pricing and full depth of book, but ViewPoint tiers can add platform/data fees unless you hit at least AUD 150 in monthly commissions or hold a Premier account. FP Markets is rated 4.5/5 stars and ranks #11 of 63 for Commissions and Fees.

Spreadex keeps pricing simple with spread-only trading. In January 2024, EUR/USD averaged 0.81 pips, with a 0.6-pip minimum achieved 60% of the time. Spreadex is rated 4/5 stars and ranks #25 of 63 for Commissions and Fees.

Comparing the two: FP Markets’ Raw ECN all-in cost (about 0.8 pips) edges out Spreadex’s 0.81-pip average, while Spreadex can undercut FP Markets’ Standard account (1.1 pips) if you prefer no commissions. Active traders who want DMA for share CFDs may favor FP Markets’ Iress (mind the potential platform/data fees), whereas traders who value straightforward, spread-only pricing may find Spreadex a clean fit.

Feature FP Markets logoFP Markets
Spreadex logoSpreadex
Minimum Deposit info $100 AUD $0
Average spread (EUR/USD) - Standard account info 1.3 info 0.81 info
All-in Cost EUR/USD - Active info 0.9 info N/A info
Non-wire bank transfer info No No
PayPal (Deposit/Withdraw) info Yes No
Skrill (Deposit/Withdraw) info Yes No
Bank Wire (Deposit/Withdraw) info Yes Yes

Dive deeper: Best Low Spread Forex Brokers.

Featured Offers


Range of investments

FP Markets vs. Spreadex for range of investments: both brokers list about 10,000 tradeable symbols and let you trade forex via CFDs or spot contracts. FP Markets offers 71 forex pairs compared with 52 at Spreadex, giving it a wider currency selection. Both provide cryptocurrency trading through CFDs (not actual coins). FP Markets also supports copy trading, while Spreadex does not.

Neither broker lets you buy exchange-traded shares directly on U.S. or international exchanges (so no owning Apple or Vodafone stock). According to ForexBrokers.com, Spreadex earns 5 stars and ranks 13th out of 63 for Range of Investments, while FP Markets scores 4.5 stars and ranks 16th. Choose FP Markets if you want more forex pairs and copy trading, or consider Spreadex for the higher category score.

Feature FP Markets logoFP Markets
Spreadex logoSpreadex
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 10000 10000
Forex Pairs (Total) info 71 52
U.S. Stocks (Shares) info No No
Global Stocks (Non-U.S. Shares) info No No
Copy Trading info Yes No
Cryptocurrency (Underlying) info No No
Cryptocurrency (CFDs) info 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.

Trading platforms and tools

Comparing FP Markets vs Spreadex for trading platforms and tools: both brokers offer free virtual demo accounts and in-house (proprietary) platforms you can use in your browser. FP Markets stands out for platform choice, adding a Windows desktop platform plus MetaTrader 4 (MT4) and MetaTrader 5 (MT5). It also supports copy trading. Spreadex provides its own web-based platform but does not offer a Windows desktop download, MT4 or MT5, or copy trading.

When it comes to tools, both brokers let you trade directly from charts. In ForexBrokers.com’s Trading Platforms and Tools category, each earned 4 stars, with FP Markets ranked #22 out of 63 brokers and Spreadex ranked #34. In short, FP Markets suits traders who want MT4/MT5 and copy trading alongside a desktop option, while Spreadex appeals to those who prefer a straightforward, proprietary web platform with a free demo account.

Feature FP Markets logoFP Markets
Spreadex logoSpreadex
Virtual Trading (Demo) info Yes Yes
Proprietary Desktop Trading Platform info Yes Yes
Desktop Platform (Windows) info Yes No
Web Platform info Yes Yes
Copy Trading info Yes No
MetaTrader 4 (MT4) info Yes No
MetaTrader 5 (MT5) info Yes No
Charting - Indicators / Studies (Total) info 30 58
Charting - Trade From Chart info Yes Yes

Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.

Forex trading apps

FP Markets and Spreadex both offer iPhone and Android apps with price alerts, so you can track markets on the go. Neither app syncs watchlists across mobile and web. For charting, both let you draw trendlines, but FP Markets goes a step further by auto-saving your drawings, while Spreadex does not. FP Markets’ app (via MetaTrader) includes the standard MetaTrader indicators, whereas Spreadex does not list a count of technical studies.

Both brokers earn 4 stars for their mobile trading apps, yet FP Markets ranks higher overall—#20 versus Spreadex at #33 out of 63 brokers on ForexBrokers.com. If you want auto-saved chart annotations and MetaTrader’s familiar indicators, FP Markets may suit you. If your needs are basic—alerts and simple chart edits—Spreadex covers the essentials.

Feature FP Markets logoFP Markets
Spreadex logoSpreadex
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Price Alerts info Yes Yes
Mobile Watchlists - Syncing info No No
Mobile Charting - Indicators / Studies info MetaTrader (Default) N/A
Mobile Charting - Draw Trendlines info Yes Yes
Mobile Charting - Trendlines Autosave info Yes No

Dive deeper: Best Forex Trading Apps.

Market research

In this FP Markets vs Spreadex research comparison, both brokers cover the essentials. Each offers daily market commentary, forex news from top-tier sources like Bloomberg/Reuters/Dow Jones, an economic calendar, Autochartist tools for trade ideas, and a sentiment gauge showing long/short positioning. Neither broker integrates TipRanks or Acuity Trading’s Signal Centre.

The key difference is Trading Central: FP Markets includes Trading Central analytics, while Spreadex does not. Despite both earning 4 stars for Research, FP Markets ranks #22 of 63 brokers on ForexBrokers.com, compared with Spreadex at #27. If you want an extra layer of chart-based and fundamental insights, FP Markets has the edge; if Trading Central isn’t a must, Spreadex delivers similar core research features.

Feature FP Markets logoFP Markets
Spreadex logoSpreadex
Daily Market Commentary (Articles) info Yes Yes
Forex News (Top-Tier Sources) info Yes Yes
Autochartist info Yes Yes
Trading Central info Yes No
Client sentiment data info Yes Yes
TipRanks info No No
Acuity Trading info No No
Economic Calendar info Yes Yes

Dive deeper: Best Brokers for Forex Research.

Beginners and education

For beginners comparing FP Markets vs Spreadex, both brokers provide sizable video libraries with at least 10 beginner-friendly lessons that explain core trading topics, including forex and CFDs. FP Markets stands out by running monthly client webinars for live learning and Q&A, which Spreadex does not offer. Both earn a 4/5 Education rating, but FP Markets is ranked higher (#22 of 63) than Spreadex (#33 of 63) by ForexBrokers.com.

As you progress, FP Markets also supplies 10+ advanced videos, while Spreadex does not, making FP Markets better suited for a full learning path from basics to more advanced strategies. If you’re seeking live sessions and materials that grow with your skills, choose FP Markets; if you only need entry-level videos, Spreadex can still meet that need.

Feature FP Markets logoFP Markets
Spreadex logoSpreadex
Webinars info Yes No
Videos - Beginner Trading Videos info Yes Yes
Videos - Advanced Trading Videos info Yes No

Dive deeper: Best Forex Brokers for Beginners.

Winner

After testing 63 of the best forex brokers, our research and account testing finds that FP Markets is better than Spreadex. FP Markets finished with an overall rank of #19, while Spreadex finished with an overall rank of #32.

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 logoFP Markets
Spreadex logoSpreadex
Overall Rating info 4.5/5 Stars 4/5 Stars
Trust Score info 90 70
Range of Investments 4.5/5 Stars 5/5 Stars
Trading Fees 4.5/5 Stars 4/5 Stars
Trading Platforms 4/5 Stars 4/5 Stars
Research 4/5 Stars 4/5 Stars
Mobile Trading 4/5 Stars 4/5 Stars
Education 4/5 Stars 3.5/5 Stars

FAQs

Can you trade cryptocurrency with FP Markets or Spreadex?

In the FP Markets vs Spreadex comparison, neither online broker lets you buy actual (delivered) cryptocurrency, but both support cryptocurrency trading via CFDs.

What funding options does each broker offer?

FP Markets vs Spreadex funding methods: both brokers do not offer ACH/SEPA transfers but do support bank wire transfers; FP Markets additionally supports PayPal and Skrill for deposits and withdrawals while Spreadex does not, and Visa/Mastercard availability is not specified for either.

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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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Overall Rating FP Markets Spreadex
Overall Rating info 4.5/5 Stars 4/5 Stars
Trading Fees 4.5/5 Stars 4/5 Stars
Range of Investments 4.5/5 Stars 5/5 Stars
Trading Platforms 4/5 Stars 4/5 Stars
Mobile Trading 4/5 Stars 4/5 Stars
Research 4/5 Stars 4/5 Stars
Education 4/5 Stars 3.5/5 Stars
Trust Score info 90 70
Winner check_circle
Review FP Markets Review Spreadex Review
Broker Screenshots FP Markets Spreadex
Broker Gallery (click to expand) info
FP Markets MT5 mobile trading app watchlist FP Markets MetaTrader 5 MT5 desktop platform. FP Markets research blog technical report detail. FP Markets educational lessons.
Spreadex web platform. Spreadex research news headlines market analysis. Spreadex educational article risk management.
Regulation FP Markets Spreadex
Trust Score info 90 70
Year Founded info 2005 1999
Publicly Traded (Listed) info No No
Bank info No No
Regulated in one or more EU or EEA countries (MiFID). info Yes info No info
Tier-1 Licenses info 2 1
Tier-2 Licenses info 1 0
Tier-3 Licenses info 0 0
Tier-4 Licenses info 2 0
Tier-1 Licenses (Highly Trusted) FP Markets Spreadex
Australia (ASIC Authorised) info Yes No
Canada (CIRO Authorised) info No No
Hong Kong (SFC Authorised) info No No
Japan (FSA Authorised) info No No
Singapore (MAS Authorised) info No No
Switzerland (FINMA Authorised) info
United Kingdom (U.K.) (FCA Authorised) info No Yes
USA (CFTC Authorized) info No No
New Zealand (FMA Authorised) info No No
Regulated in one or more EU or EEA countries (MiFID). info Yes info No info
Tier-2 Licenses (Trusted) FP Markets Spreadex
Kenya (CMA Authorised) info
Israel (ISA Authorised) info No No
South Africa (FSCA Authorised) info Yes No
UAE (DFSA, FSRA, or SCA Authorised) info No No
India (SEBI Authorised) info No No
Jordan (JSC Authorised) info
Investments FP Markets Spreadex
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 10000 10000
Forex Pairs (Total) info 71 52
U.S. Stocks (Shares) info No No
Global Stocks (Non-U.S. Shares) info No No
Copy Trading info Yes No
Cryptocurrency (Underlying) info No No
Cryptocurrency (CFDs) info 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 Spreadex
Average spread (EUR/USD) - Standard account info 1.3 info 0.81 info
All-in Cost EUR/USD - Active info 0.9 info N/A info
Inactivity Fee info No No
Order execution: Agency info No No
Order execution: Market Maker info Yes Yes
Funding FP Markets Spreadex
Minimum Deposit info $100 AUD $0
PayPal (Deposit/Withdraw) info Yes No
Skrill (Deposit/Withdraw) info Yes No
Bank Wire (Deposit/Withdraw) info Yes Yes
Non-wire bank transfer info No No
Trading Platforms FP Markets Spreadex
Proprietary Desktop Trading Platform info Yes Yes
Desktop Platform (Windows) info Yes No
Web Platform info Yes Yes
Copy Trading info Yes No
MetaTrader 4 (MT4) info Yes No
MetaTrader 5 (MT5) info Yes No
cTrader info Yes No
Trading Tools FP Markets Spreadex
Virtual Trading (Demo) info Yes Yes
Price Alerts info Yes Yes
Charting - Indicators / Studies (Total) info 30 58
Charting - Trade From Chart info Yes Yes
Charts can be saved info Yes Yes
Mobile Trading FP Markets Spreadex
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Price Alerts info Yes Yes
Mobile Watchlist [DELETED] info
Mobile Watchlists - Syncing info No No
Mobile Charting - Indicators / Studies info MetaTrader (Default) N/A
Mobile Charting - Draw Trendlines info Yes Yes
Mobile Charting - Trendlines Autosave info Yes No
Mobile Research - Economic Calendar info Yes Yes
Research FP Markets Spreadex
Daily Market Commentary (Articles) info Yes Yes
Forex News (Top-Tier Sources) info Yes Yes
Autochartist info Yes Yes
Trading Central info Yes No
TipRanks info No No
Client sentiment data info Yes Yes
Economic Calendar info Yes Yes
Education FP Markets Spreadex
Webinars info Yes No
Videos - Beginner Trading Videos info Yes Yes
Videos - Advanced Trading Videos info Yes No
Major Forex Pairs FP Markets Spreadex
GBP/USD [DELETED] info
USD/JPY [DELETED] info
EUR/USD info Yes Yes
USD/CHF [DELETED] info
USD/CAD [DELETED] info
NZD/USD [DELETED] info
AUD/USD [DELETED] info
Review FP Markets Review Spreadex Review
Overall FP Markets Spreadex
Overall Rating info 4.5/5 Stars 4/5 Stars
Trading Fees 4.5/5 Stars 4/5 Stars
Range of Investments 4.5/5 Stars 5/5 Stars
Trading Platforms 4/5 Stars 4/5 Stars
Mobile Trading 4/5 Stars 4/5 Stars
Research 4/5 Stars 4/5 Stars
Education 4/5 Stars 3.5/5 Stars
Trust Score info 90 70
Winner check_circle
Review FP Markets Review Spreadex Review
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