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) - 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 give traders access to forex as CFDs or spot contracts, and each offers 71 forex pairs. XTB has a slightly wider overall selection, with 10,900 tradeable symbols compared with FP Markets’ 10,000. It also stands out for offering exchange-traded securities on both U.S. and international exchanges, so clients can buy real shares such as Apple or Vodafone, not just CFDs.
FP Markets, on the other hand, offers copy trading, which XTB does not. Both brokers let clients trade cryptocurrency CFDs, but neither supports buying actual cryptocurrency. For range of investments, XTB is rated 5 stars and ranks #14 out of 36 brokers on ForexBrokers.com, while FP Markets is rated 4.5 stars and ranks #17.
| 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 give traders a solid mix of platform choices, including a free demo account, a proprietary platform, a Windows desktop app, and a web-based platform. Each also lets you trade directly from a chart, which can make it easier to place orders while watching price moves. In ForexBrokers.com’s Trading Platforms and Tools review, XTB is rated 4.5 out of 5 and ranks #9 out of 36 brokers, while FP Markets scores 4 out of 5 and ranks #22 out of 36.
The biggest difference is in third-party platform support and copy trading. FP Markets offers copy trading plus both MetaTrader 4 and MetaTrader 5, giving it more options for traders who want familiar tools and social trading features. XTB does not offer MT4, MT5, or copy trading, so it may appeal more to those who prefer its own platform and a simpler setup. For platform variety and trader tools overall, FP Markets has the edge, while XTB stands out for its higher rating and stronger ranking.
| 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 offer mobile trading apps for iPhone and Android, and each includes price alerts plus tools for drawing trendlines and saving those drawings automatically. Neither broker offers watchlist symbol syncing, so watchlists made in the app do not carry over to the online account. For charting, XTB has the edge with 39 technical studies built into its mobile app, while FP Markets relies on MetaTrader’s default charting tools.
Overall, XTB comes out ahead in mobile trading app quality. It holds a 4.5-star rating and ranks #8 out of 36 brokers for Mobile Trading Apps, compared with FP Markets at 4 stars and #20. If chart tools and a stronger app rating matter most, XTB is the better pick, while FP Markets still covers the key basics well.
| 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 give traders plenty of useful market research tools. Each offers daily market commentary, forex news from top names like Bloomberg, Reuters, and Dow Jones, a sentiment tool that shows long-versus-short positioning, and an economic calendar with upcoming global events. Neither broker includes research from TipRanks or Acuity Trading.
The main difference is in third-party analysis tools. FP Markets includes Autochartist and Trading Central, while XTB does not. That edge helps FP Markets add more technical and fundamental insight, but XTB still stands out overall thanks to its higher research rating of 5 stars versus 4 stars for FP Markets, and a stronger ForexBrokers.com research rank of #9 out of 36 compared with FP Markets at #22.
| 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 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’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 | 90 |
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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 | 90 | |
| 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 | 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) | 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 | 90 | |
| Winner | check_circle | ||
| Review | XTB Review | FP Markets Review |
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