Written by ForexBrokers.com
In this head to head comparison of XTB vs FP Markets, 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.
XTB and FP Markets are online brokers that offer reliable options for traders worldwide, but they differ in certain aspects of trustworthiness and regulatory credentials. XTB, founded in 2002, is a publicly traded company and holds a high Trust Score of 96 out of 99, making it highly trusted according to ForexBrokers.com. It is equipped with two Tier-1 licenses, signaling strong regulatory oversight, and two additional Tier-2 licenses. In contrast, FP Markets, established in 2005, is not publicly traded but still upholds a commendable Trust Score of 89. Like XTB, FP Markets also maintains two Tier-1 licenses but has only one Tier-2 license, reflecting slightly less regulatory coverage.
Neither XTB nor FP Markets functions as a bank, focusing purely on providing brokerage services. XTB's status as a public company may offer an added layer of transparency and trust for investors, considering its adherence to financial regulations and public reporting standards. Meanwhile, FP Markets stands as a trusted broker with solid regulatory backing, though it does not offer the same level of public accountability as a non-public entity. Traders prioritizing high transparency and regulatory assurance might lean towards XTB, while those content with strong but slightly less extensive regulatory oversight might consider FP Markets a suitable choice.
| Feature |
XTB
|
FP Markets
|
|---|---|---|
| Year Founded | 2002 | 2005 |
| Publicly Traded (Listed) | Yes | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 2 |
| Tier-2 Licenses | 2 | 1 |
| Tier-3 Licenses | 1 | 0 |
| Tier-4 Licenses | 2 | 2 |
Comparing commissions and fees, FP Markets typically comes out cheaper than XTB—especially if you use its commission-based Raw ECN account—while XTB sits closer to the industry average. For ratings and rankings: XTB earns 4.5/5 stars and ranks #13 of 63 for Commissions and Fees, whereas FP Markets earns 5/5 stars and ranks #11 of 63.
XTB offers two accounts: a spread-only Standard account and a commission-based Professional account (the Pro option is being phased out and is reserved for eligible professional clients in the U.K. and EU). Average EUR/USD spreads were 1.0 pip in Q4 2023. Minimum deposit is 250 in your base currency, and for smaller trade sizes the Standard account tends to be cheaper than Pro. Active traders can join XTB’s Lower Spread Group to receive spread rebates of 5% to 30% once monthly volume thresholds are met (from 20 lots up to 1,000 lots). Rating and rank: 4.5/5 stars, #13 of 63.
FP Markets shines with its Raw ECN account, which averaged 0.1 pips on EUR/USD in October 2023 (about 0.8 pips all-in after a $6 per round-turn commission per standard lot). Its Standard account is spread-only and averaged 1.1 pips on EUR/USD, making it the pricier choice. You can use MetaTrader or cTrader with either account type. FP Markets also offers Iress in Australia with Direct Market Access and depth of book; however, the ViewPoint tiers have higher minimums and potential platform/data fees unless you meet activity thresholds, while the lower-cost Iress Investor platform is more basic. Rating and rank: 5/5 stars, #11 of 63.
| Feature |
XTB
|
FP Markets
|
|---|---|---|
| Minimum Deposit | $0 | $100 AUD |
| Average spread (EUR/USD) - Standard account | 0.92 | 1.3 |
| All-in Cost EUR/USD - Active | 0.92 | 0.9 |
| Non-wire bank transfer | No | No |
| PayPal (Deposit/Withdraw) | Yes | Yes |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
XTB and FP Markets both let you trade forex as CFDs or spot, and each lists 71 currency pairs. XTB edges ahead on overall market access with about 10,900 tradeable symbols versus roughly 10,000 at FP Markets. Crypto fans can trade cryptocurrency via CFDs on both platforms, but neither broker lets you buy actual coins.
For shares, XTB offers real exchange-traded stocks on U.S. and international exchanges, while FP Markets does not offer real shares in these markets. FP Markets, however, supports copy trading, which XTB lacks. In our Range of Investments ratings, XTB scores 5 stars (ranked 14th out of 63 brokers), and FP Markets earns 4.5 stars (ranked 16th). Choose XTB if you want access to U.S. and global shares alongside a wide symbol list; pick FP Markets if copy trading is a priority while still keeping a large range of CFDs and forex pairs.
| Feature |
XTB
|
FP Markets
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 10900 | 10000 |
| Forex Pairs (Total) | 71 | 71 |
| U.S. Stocks (Shares) | Yes | No |
| Global Stocks (Non-U.S. Shares) | Yes | No |
| Copy Trading | No | 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.
XTB and FP Markets both check the key boxes for platform access and practice tools: each broker offers a free demo account, an in-house proprietary platform, a Windows desktop download, and a web-based trading platform. Both also let you place orders directly from charts. Where they differ is in third-party and social features: FP Markets supports copy trading plus MetaTrader 4 (MT4) and MetaTrader 5 (MT5), while XTB does not offer copy trading or MetaTrader.
For Trading Platforms and Tools, XTB earns 4.5 stars and ranks #9 out of 63 brokers at ForexBrokers.com, while FP Markets scores 4 stars and ranks #22. In short, pick FP Markets if you want MetaTrader and copy trading, or choose XTB if you prefer a highly rated, proprietary platform with both web and desktop options and the ability to practice on a demo account.
| Feature |
XTB
|
FP Markets
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Copy Trading | No | Yes |
| MetaTrader 4 (MT4) | No | Yes |
| MetaTrader 5 (MT5) | No | Yes |
| Charting - Indicators / Studies (Total) | 39 | 30 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
XTB and FP Markets both check the basics for mobile trading: each offers iPhone and Android apps and supports price alerts. Neither broker syncs watchlist symbols between mobile and the web, so changes won’t carry over. In independent testing by ForexBrokers.com, XTB’s mobile app earned 4.5 stars and ranked #8 out of 63 brokers, while FP Markets earned 4 stars and ranked #20.
For charting on the go, XTB supplies 39 technical studies in its app. FP Markets relies on MetaTrader’s default indicators. Both apps let you draw trendlines and will auto‑save your drawings. If you want more built‑in studies on your phone, XTB has the edge; if you’re comfortable with MetaTrader’s standard tools, FP Markets will feel familiar.
| Feature |
XTB
|
FP Markets
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | No | No |
| Mobile Charting - Indicators / Studies | 39 | MetaTrader (Default) |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
XTB and FP Markets both cover the essentials for market research. Each provides daily market commentary, forex news from top-tier sources like Bloomberg, Reuters, and Dow Jones, a sentiment tool that shows long vs. short positioning, and a handy economic calendar. Neither broker includes research from TipRanks or Acuity Trading.
The main difference is in extra research add-ons. FP Markets offers Autochartist and Trading Central for chart patterns and trade ideas, while XTB does not. Even so, XTB earns the higher independent score for research: 5 out of 5 stars and ranked 9th of 63 brokers by ForexBrokers.com, versus FP Markets at 4 out of 5 stars and ranked 22nd. Go with FP Markets if you want Autochartist and Trading Central built in; choose XTB if you prioritize headline news, daily insights, sentiment data, and overall research quality.
| Feature |
XTB
|
FP Markets
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | Yes |
| Trading Central | No | Yes |
| Client sentiment data | Yes | Yes |
| TipRanks | No | No |
| Acuity Trading | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
XTB vs FP Markets for beginner education: both brokers provide forex and CFD learning materials and host online client webinars at least once a month. Each offers a sizable video library, including 10+ beginner videos that cover core trading topics and 10+ advanced videos for more experienced learners.
When it comes to quality ratings, XTB takes the lead with 5 stars and a #11 ranking out of 63 brokers by ForexBrokers.com, while FP Markets holds 4 stars and ranks #22. If you want the highest-rated education experience, XTB has the edge; if you choose FP Markets, you’ll still find monthly webinars and plenty of videos to support your progress.
| Feature |
XTB
|
FP Markets
|
|---|---|---|
| Webinars | Yes | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that XTB is better than FP Markets. XTB finished with an overall rank of #7, while FP Markets finished with an overall rank of #19.
As a trusted multi-asset broker, XTB offers outstanding customer service, a wide variety of forex and CFDs, and an excellent overall trading experience. Its xStation 5 trading platform is well-designed and packed with innovative features, and XTB’s offers comprehensive educational content and market research.
| Feature |
XTB
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FP Markets
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|---|---|---|
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| Trust Score | 96 | 89 |
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In the XTB vs FP Markets comparison, neither broker supports buying actual (delivered) cryptocurrencies, but both allow trading cryptocurrency CFDs.
Online brokers XTB and FP Markets both support PayPal, Skrill, and bank wire deposits and withdrawals, do not offer ACH or SEPA transfers, and provide no specified information on Visa or Mastercard funding.
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 | XTB | FP Markets | |
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| Trust Score | 96 | 89 | |
| Winner | check_circle | ||
| Review | XTB Review | FP Markets Review |
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| Regulation | XTB | FP Markets | |
|---|---|---|---|
| Trust Score | 96 | 89 | |
| Year Founded | 2002 | 2005 | |
| Publicly Traded (Listed) | Yes | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 2 | 2 | |
| Tier-2 Licenses | 2 | 1 | |
| Tier-3 Licenses | 1 | 0 | |
| Tier-4 Licenses | 2 | 2 |
| Tier-1 Licenses (Highly Trusted) | XTB | FP Markets | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | Yes | |
| 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) | Yes | 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) | XTB | FP Markets | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | Yes | |
| UAE (DFSA, FSRA, or SCA Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | XTB | FP Markets | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 10900 | 10000 | |
| Forex Pairs (Total) | 71 | 71 | |
| U.S. Stocks (Shares) | Yes | No | |
| Global Stocks (Non-U.S. Shares) | Yes | No | |
| Copy Trading | No | 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 | XTB | FP Markets | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | 0.92 | 1.3 | |
| All-in Cost EUR/USD - Active | 0.92 | 0.9 | |
| Inactivity Fee | Yes | No | |
| Order execution: Agency | Yes | No | |
| Order execution: Market Maker | Yes | Yes |
| Funding | XTB | FP Markets | |
|---|---|---|---|
| Minimum Deposit | $0 | $100 AUD | |
| PayPal (Deposit/Withdraw) | Yes | Yes | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer | No | No |
| Trading Platforms | XTB | FP Markets | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | No | Yes | |
| MetaTrader 4 (MT4) | No | Yes | |
| MetaTrader 5 (MT5) | No | Yes | |
| cTrader | No | Yes |
| Trading Tools | XTB | FP Markets | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 39 | 30 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | XTB | FP Markets | |
|---|---|---|---|
| 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 | 39 | MetaTrader (Default) | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | Yes | Yes | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | XTB | FP Markets | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | Yes | |
| Trading Central | No | Yes | |
| TipRanks | No | No | |
| Client sentiment data | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | XTB | FP Markets | |
|---|---|---|---|
| Webinars | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | Yes |
| Major Forex Pairs | XTB | FP Markets | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | XTB Review | FP Markets Review |
| Overall | XTB | FP Markets | |
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| Trust Score | 96 | 89 | |
| Winner | check_circle | ||
| Review | XTB Review | FP Markets Review |
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