FP Markets vs FXOpen - Broker Comparison September 2026
Head-to-head comparison of FP Markets and FXOpen. Check max funding, profit splits, daily and overall drawdown rules, leverage, tradable assets, payout frequency, payment and payout methods, trading permissions and KYC restrictions before you buy a challenge. Data refreshed September 2026.
Bottom Line: FP Markets vs FXOpen
FP Markets comes out ahead overall, leading in 6 of 7 compared categories.
Where FP Markets leads
- Trustpilot Rating (4.8 vs 3.6)
- Regulation (5 vs 2)
- Trading Platforms (5 vs 3)
- Trustpilot Reviews (10,313 vs 459)
- Currency Pairs (71 vs 55)
- Instruments (9 vs 8)
Where FXOpen leads
- Min Deposit ($1 vs $100)
Choose FP Markets for Low Spreads, ECN Trading, Scalping. Choose FXOpen for Low Spreads, Scalping, Algo Trading.
Frequently Asked Questions
Is FP Markets or FXOpen better?
FP Markets leads in 6 of 7 compared categories. The right choice still depends on the factors that matter most to you.
Which has a better Trustpilot Rating, FP Markets or FXOpen?
FP Markets (4.8 vs 3.6).
Which has a better Min Deposit, FP Markets or FXOpen?
FXOpen ($1 vs $100).
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FP Markets
Australian ECN Forex & CFD Broker
|
FXOpen
True ECN Forex & CFD Broker Since 2005
|
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|---|---|---|
| Overview | ||
| Trustpilot Rating | 4.8 | 3.6 |
| Trustpilot Reviews | 10,313 | 459 |
| Headquarters | Australia | United Kingdom |
| Founded | 2005 | 2005 |
| Best For | Low Spreads ECN Trading Scalping Algo Trading Copy Trading Day Trading Swing Trading News Trading Hedging Zero Spread No Commission Professional | Low Spreads Scalping Algo Trading Day Trading Copy Trading Low Deposit High Leverage Swing Trading News Trading Hedging Zero Spread No Commission Professional |
| Trust & Safety | ||
| Regulation | ASIC (Australia) CySEC (Cyprus) FSCA (South Africa) FSA (Seychelles) CMA (Kenya) | FCA (UK) CySEC (Cyprus) |
| Fund Segregation | ✅ Yes | ✅ Yes |
| Negative Balance Protection | ✅ Yes | ✅ Yes |
| Compensation Scheme | Up to €20,000 under CySEC ICF | Up to £85,000 under FSCS (UK), Up to €20,000 under CySEC ICF |
| Trading Costs | ||
| Min Spread | From 0.0 pips (Raw), From 1.0 pips (Standard) | From 0.0 pips (ECN), From 1.1 pips (STP) |
| Commission | $3/lot/side (Raw), None (Standard) | From $1.50/lot/side (ECN Elite) to $3.50/lot/side (ECN Basic), None (STP) |
| Swap-Free (Islamic) | ✅ Yes | ✅ Yes |
| Inactivity Fee | None | $10/month after 90 days of inactivity |
| Deposit/Withdrawal Fees | No deposit fees. Bank withdrawal A$10 international. E-wallets free | Bank wire $30-50 withdrawal. Card withdrawals free up to £1000. E-wallets 0.5-1%. Crypto network fees only |
| Trading Conditions | ||
| Max Leverage | 1:500 (Global), 1:30 (EU/AU retail) | 1:500 (Global), 1:30 (EU/UK retail) |
| Min Deposit | $100 | $1 (Micro), $10 (STP), $100 (ECN) |
| Execution Type | ECN | ECN |
| Stop Out Level | 50% | 50% |
| Margin Call Level | 100% | 100% |
| Instruments | 70+ Forex 10000+ Stocks 12 Indices 3 Commodities 4 Metals 2 Energies 5 Crypto ETFs Bonds | 55+ Forex 600+ Stocks 12 Indices 15 Commodities 3 Metals 3 Energies 40+ Crypto 33 ETFs |
| Currency Pairs | 70 | 55 |
| Min Lot Size | 0.01 | 0.01 |
| Platforms & Tools | ||
| Trading Platforms | MetaTrader 4 MetaTrader 5 cTrader TradingView IRESS | MetaTrader 4 MetaTrader 5 TradingView |
| Mobile App | ✅ Yes | ✅ Yes |
| Copy Trading | ✅ Yes | ✅ Yes |
| Expert Advisors (EA) | ✅ Yes | ✅ Yes |
| VPS Hosting | ✅ Yes | ✅ Yes |
| API Access | ✅ Yes | ✅ Yes |
| Education | Webinars Video Tutorials Forex 101 Articles Trading Guides Podcast | Market Analysis Articles Trading Guides Video Tutorials Glossary |
| Account & Support | ||
| Account Types | Standard Raw Islamic IRESS Demo | Micro STP ECN PAMM ECN Islamic Demo |
| Payment Methods | Credit/Debit Cards Bank Wire PayPal Skrill Neteller UnionPay Crypto Apple Pay Google Pay | Credit/Debit Cards (Visa Mastercard) Bank Wire FasaPay WebMoney Crypto (Bitcoin USDT Ethereum Litecoin) |
| Withdrawal Speed | Same day (e-wallets), 1-2 days (cards), 3-5 days (bank wire) | Same day (e-wallets/crypto), 2-5 days (cards), 3-5 days (bank wire) |
| Support Hours | 24/7 Live Chat, Email, Phone | 24/5 |
FP Markets
FXOpen