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 (founded 2002) and FP Markets (founded 2005) are both rated highly trusted by ForexBrokers.com. XTB is publicly traded, while FP Markets is privately held; neither broker is a bank. XTB holds a Trust Score of 96/99, compared with FP Markets at 90/99.
On regulation, each broker holds two Tier-1 licenses (considered highly trusted). XTB also holds two Tier-2 licenses, while FP Markets holds one Tier-2 license (Tier-2 is considered trusted). For context, ForexBrokers.com rates 90–99 as highly trusted, 80–89 trusted, 70–79 average risk, 60–69 high risk, and below 59 not trusted.
| 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 |
XTB and FP Markets both score well for commissions and fees, but they suit slightly different traders. XTB earns 4.5 out of 5 stars and ranks #13 out of 36 for commissions and fees. Its pricing is close to the industry average, with a spread-only Standard account and a commission-based Professional account that is now limited to eligible clients in the U.K. and Europe. On the popular EUR/USD pair, XTB’s average spread was 1 pip in Q4 2023, and smaller traders will usually find the Standard account more appealing.
FP Markets also earns 4.5 out of 5 stars, but it places a little higher at #11 out of 36. It is known for lower-cost trading, especially on its commission-based Raw ECN account, which had average EUR/USD spreads of 0.1 pips in October 2023, or about 0.8 pips all-in after commission. Its Standard account is more expensive, with wider spreads, while the cTrader Raw account charges a flat $6 per round turn standard lot for forex. FP Markets also won Best in Class for Commissions and Fees in the 2024 Annual Awards.
In simple terms, XTB is a solid choice if you want straightforward spread-only pricing and occasional active trader rebates through its Lower Spread Group. FP Markets is the better pick for traders who want tighter spreads and do not mind paying commission on a raw pricing account. Overall, both brokers are competitive, but FP Markets has the edge on cost, while XTB offers a simpler fee setup for many retail traders.
| Feature |
XTB
|
FP Markets
|
|---|---|---|
| Minimum Deposit | $0 | $100 AUD |
| Average spread (EUR/USD) - Spread-only account | 1.06 | 1.3 |
| All-in Cost EUR/USD - Raw spread account | 1.06 | 0.9 |
| Non-wire bank transfer (Deposit/Withdraw) | 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 give traders access to forex as either a CFD or a spot contract, and each offers 71 forex pairs. XTB edges ahead on overall choice, with 10,521 tradeable symbols compared with FP Markets’ 10,000. It also stands out for investors who want more than CFDs, since it offers exchange-traded U.S. shares and international shares, plus the option to buy actual cryptocurrency as well as crypto CFDs. FP Markets, by contrast, does not offer direct access to exchange-traded shares or real cryptocurrency purchases.
FP Markets does have one clear advantage: copy trading, which XTB does not provide. Even so, XTB comes out slightly stronger for range of investments overall, earning 5 out of 5 stars and a #14 ranking from ForexBrokers.com, versus FP Markets’ 4.5 stars and #17 ranking. For investors looking for the broadest mix of markets and assets, XTB has the wider offering, while FP Markets may appeal more to those interested in copy trading and forex-focused access.
| Feature |
XTB
|
FP Markets
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 10521 | 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) | Yes | 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 give traders a choice of a free demo account, a web-based platform, and a built-in platform designed by the broker. Each also lets users place trades directly from charts, which can make it easier to react quickly while analyzing price moves. For traders who want a simple way to test strategies or trade from a browser, both brokers cover the basics well.
The main difference is in platform variety and added tools. FP Markets stands out with Windows desktop software, MetaTrader 4, MetaTrader 5, and copy trading, while XTB does not offer those options. That broader selection helps FP Markets appeal to traders who want more platform choices and social trading features. Still, XTB earns a higher Trading Platforms and Tools score at 4.5 out of 5, compared with 4 out of 5 for FP Markets, and it ranks #9 out of 36 brokers versus #22 for FP Markets.
| Feature |
XTB
|
FP Markets
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | Yes |
| Desktop Platform (Windows) | No | Yes |
| Web Platform | Yes | Yes |
| Copy Trading | No | Yes |
| MetaTrader 4 (MT4) | No | Yes |
| MetaTrader 5 (MT5) | No | Yes |
| Charting - Indicators / Studies (Total) | 92 | 30 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
XTB and FP Markets both offer mobile trading apps for iPhone and Android, along with price alerts, trendline drawing, and auto-saving chart drawings. Both apps let traders follow markets on the go, but XTB stands out with watchlist symbol syncing, so changes made in the app and online account stay in step. XTB also gives mobile users access to 104 technical studies, while FP Markets uses the default tools available through MetaTrader.
In terms of user ratings and rankings, XTB comes out ahead for mobile trading apps with a 4.5-star score and an #8 ranking out of 36 brokers at ForexBrokers.com. FP Markets still performs well, with a 4-star rating and a #20 ranking. For traders who want more charting tools and smoother watchlist syncing, XTB appears to have the stronger mobile app experience.
| Feature |
XTB
|
FP Markets
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 104 | 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 give traders useful market research basics, including daily market commentary, a sentiment tool showing long and short positions, and an economic calendar for upcoming global events. That means either broker can help you keep track of market moves and stay aware of key news that may affect trading decisions.
Where FP Markets stands out is in its wider research lineup. It offers forex news from major sources like Bloomberg, Reuters, or Dow Jones, plus tools from Autochartist and Trading Central, which can help with technical and fundamental analysis. XTB does not offer these extras, but it still earns a higher research score overall, with 5 stars and a #9 ranking out of 36 brokers, compared with FP Markets’ 4 stars and #22 ranking. For traders looking for more third-party research tools, FP Markets has the edge, while XTB leads on overall research rating.
| Feature |
XTB
|
FP Markets
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes |
| Forex News (Top-Tier Sources) | No | 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 give beginners plenty of learning material, including forex and CFD education, monthly online webinars, and at least 10 beginner-friendly videos as well as 10 advanced videos. That means new traders can find step-by-step lessons, while more experienced users can also keep building their skills with more detailed content. Both brokers cover the basics well, but XTB stands out a bit more overall for education.
In independent ratings, XTB earns 5 out of 5 stars for Education and ranks #11 out of 36 brokers at ForexBrokers.com, while FP Markets earns 4 out of 5 stars and ranks #22. For beginners, both are useful choices, but XTB has the edge if you want a broker with stronger educational support and a higher overall score in this category.
| 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 offers comprehensive educational content and market research.
| Feature |
XTB
|
FP Markets
|
|---|---|---|
| Overall Rating |
|
|
| Trust Score | 96 | 90 |
| Range of Investments |
|
|
| Trading Fees |
|
|
| Trading Platforms |
|
|
| Research |
|
|
| Mobile Trading |
|
|
| Education |
|
|
XTB stands out for cryptocurrency traders because it offers both actual delivered crypto and crypto CFDs, while FP Markets only provides crypto CFDs and does not support buying the underlying cryptocurrency directly.
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.
Select Brokers
↓×Compare
0 of 5| Overall Rating | XTB | FP Markets | |
|---|---|---|---|
| Overall Rating |
|
| |
| Trading Fees |
|
| |
| Range of Investments |
|
| |
| Trading Platforms |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 96 | 90 | |
| Winner | check_circle | ||
| Review | XTB Review | FP Markets Review |
| Broker Screenshots | XTB | FP Markets | |
|---|---|---|---|
| Broker Gallery (click to expand) |
|
|
| Regulation | XTB | FP Markets | |
|---|---|---|---|
| Trust Score | 96 | 90 | |
| 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 CMA 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) | 10521 | 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) | Yes | 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) - Spread-only account | 1.06 | 1.3 | |
| All-in Cost EUR/USD - Raw spread account | 1.06 | 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 (Deposit/Withdraw) | No | No |
| Trading Platforms | XTB | FP Markets | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | Yes | |
| Desktop Platform (Windows) | No | 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) | 92 | 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 | Yes | No | |
| Mobile Charting - Indicators / Studies | 104 | 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) | No | 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 | |
|---|---|---|---|
| Overall Rating |
|
| |
| Trading Fees |
|
| |
| Range of Investments |
|
| |
| Trading Platforms |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 96 | 90 | |
| Winner | check_circle | ||
| Review | XTB Review | FP Markets Review |
IG
FOREX.com
CMC Markets
XTB
eToro
Capital.com
AvaTrade
Pepperstone
FP Markets
Tickmill