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 XTB vs FP Markets on commissions and fees, FP Markets comes out cheaper for most forex traders thanks to its commission-based Raw ECN pricing. FP Markets is rated 5/5 stars and ranked #6 of 63 brokers for Commissions and Fees. XTB is competitive but sits nearer the industry average, earning 4.5/5 stars and ranking #12 of 63. If low spreads and clear, volume-based costs are your priority, FP Markets generally has the edge; if you prefer a simple spread-only setup, XTB’s Standard account is straightforward.
XTB offers two account types: a spread-only Standard account and a commission-based Professional account (limited to elective professionals in the U.K. and EU and being phased out, with some legacy access). Using Q4 2023 data, average spreads on EUR/USD were about 1.0 pip on the Standard account. Minimum deposits start at 250 in your base currency. Active traders can join XTB’s Lower Spread Group to receive spread rebates from 5% up to 30% once monthly volume thresholds are met (from 20 to 1000 lots), which helps narrow costs versus peers.
FP Markets shines with its Raw ECN account: average EUR/USD spreads were around 0.1 pips as of October 2023, about 0.8 pips all-in after a $6 round-turn commission per standard lot. Its Standard account averages 1.1 pips, and the same pricing model applies on MetaTrader and cTrader. FP Markets also offers Iress with DMA and full depth of book, but the ViewPoint tiers carry higher costs and deposit minimums (AUD 1,000–50,000) unless you qualify for Premier or generate at least AUD 150 in monthly commissions; the lower-cost Iress Investor plan has limited data and charting. Overall, FP Markets’ pricing structure is built for cost-conscious and active traders, while XTB’s Standard account suits those who prefer simplicity.
| Feature |
XTB
|
FP Markets
|
|---|---|---|
| Minimum Deposit | $0 | $100 AUD |
| Average spread (EUR/USD) - Standard account | 1.00 | 1.2 |
| All-in Cost EUR/USD - Active | 1.00 | 0.7 |
| 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 support forex trading via CFDs or spot contracts and each lists 71 currency pairs. FP Markets offers a larger overall catalog with about 10,000 tradeable symbols, compared with XTB’s 7,184. Both brokers provide cryptocurrency trading through CFDs, but neither lets you buy actual crypto. If you want copy trading, FP Markets has it, while XTB does not.
When it comes to real shares (not CFDs), XTB lets clients buy exchange‑traded securities on both U.S. and international markets, whereas FP Markets does not offer real stock dealing on those exchanges. For Range of Investments, XTB is rated 5 stars and ranked #15 out of 63 brokers by ForexBrokers.com, while FP Markets holds 4.5 stars and ranks #19. Choose XTB if access to real stocks matters; choose FP Markets if you prefer a larger instrument list and copy trading.
| Feature |
XTB
|
FP Markets
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 7184 | 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.
Comparing XTB vs FP Markets for platforms and tools, both brokers check key boxes: each provides a free demo account, an in-house proprietary platform, a web-based platform, a Windows desktop platform, and the ability to trade directly from charts. The big differences are in third-party and social features. FP Markets supports copy trading and offers MetaTrader 4 (MT4) and MetaTrader 5 (MT5), while XTB does not offer copy trading or MT4/MT5.
If you want MetaTrader or copy trading, FP Markets is the better fit. If you prefer a polished, broker-built platform experience, XTB stands out. Independent ratings back this up: XTB scores 4.5/5 stars and ranks #9 out of 63 brokers for Trading Platforms and Tools at ForexBrokers.com, while FP Markets earns 4/5 stars and ranks #23. Both are strong picks for web and desktop trading, with chart-based order entry available on each.
| 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.
Both XTB and FP Markets offer mobile trading on iPhone and Android, and each app supports price alerts. One limitation they share is that watchlists don’t sync between mobile and your online account. In independent testing by ForexBrokers.com, XTB scored 4.5 out of 5 stars and ranked 8th out of 63 brokers for Mobile Trading Apps, while FP Markets earned 4 out of 5 stars and ranked 18th.
XTB’s mobile app includes 39 built-in technical indicators, and you can draw trendlines with drawings saved automatically. FP Markets relies on MetaTrader, so the indicators and tools match MetaTrader’s default set; you can draw trendlines there too, and drawings auto-save. If you want more indicators out of the box and a higher-rated app experience, XTB has the edge. If you prefer MetaTrader’s familiar layout and tools, FP Markets is a strong alternative.
| 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 provide traders with daily market commentary and forex news from esteemed sources like Bloomberg and Reuters. They also feature sentiment-based trading tools to help assess market positions. Additionally, both platforms offer economic calendars, ensuring traders are informed about essential global news events. However, FP Markets distinguishes itself by integrating technical analysis tools from reputable providers such as Autochartist and Trading Central, which are not available through XTB.
Despite FP Markets' broader range of tools, XTB holds a higher reputation in market research, earning a rating of 5 stars compared to FP Markets' 4 stars. In ForexBrokers.com's ranking of 63 brokers, XTB ranks 7th for research capabilities, while FP Markets sits at 25th. This suggests that while FP Markets offers more diverse technical analysis tools, XTB may provide a superior overall research experience.
| 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 and FP Markets both deliver forex and CFD education that beginners can actually use. Each broker provides a sizable library with well over 10 educational pieces, spanning articles, videos, and archived webinars. They also host ongoing client webinars at least once a month. For newcomers, both brokers check an important box: a dedicated set of 10+ beginner video lessons that walk through trading basics. As you grow, you’ll also find 10+ advanced videos at each broker to help you move beyond the fundamentals.
When it comes to depth and quality, XTB has the edge for education. XTB earns a 5-star Education rating and ranks #11 out of 63 brokers at ForexBrokers.com, while FP Markets holds a 4-star rating and ranks #23. In simple terms: both are beginner-friendly with plenty of lessons and regular webinars, but XTB is the stronger pick if you want a more comprehensive learning path from first steps to advanced strategies.
| 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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| 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 |
| Broker Screenshots | XTB | FP Markets | |
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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) | 7184 | 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 | 1.00 | 1.2 | |
| All-in Cost EUR/USD - Active | 1.00 | 0.7 | |
| 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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