Does FP Markets offer an Islamic swap-free account?
💡 Answer
The trading accounts available at FP Markets include: Standard, Raw, Islamic, IRESS, Demo.
For Muslim traders, FP Markets offers Islamic swap-free accounts: ✅ Yes. These accounts remove overnight swap charges, keeping trading compliant with Sharia law while maintaining access to the same instruments and platforms.
For detailed account specifications and eligibility, see FP Markets official website.
More FAQs about FP Markets
- Is FP Markets available in my country?
- What do I need to open a trading account at FP Markets?
- Who should use FP Markets as their forex broker?
- How do I contact FP Markets customer support?
- Does FP Markets provide research tools like Trading Central or Autochartist?
- How do traders rate FP Markets on Trustpilot?
- How long do withdrawals take at FP Markets?
- Can I copy other traders at FP Markets?
- Can I run EAs and trading bots at FP Markets?
- How many forex pairs does FP Markets offer?
- Does FP Markets support MetaTrader 4 and MetaTrader 5?
- How much do I need to open an account with FP Markets?
- How much leverage can I get at FP Markets, and what are the margin requirements?
- How much does it cost to trade forex at FP Markets?
- What regulatory licenses does FP Markets hold, and are client funds segregated?
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These guides include FP Markets alongside other forex brokers, grouped by trading features, platforms, availability, and trader requirements.
FP Markets vs Exness vs Axi - Forex Broker Comparison (August 2026)
Side-by-side comparison of FP Markets vs Exness vs Axi. Quickly scan spreads, leverage, regulations, platforms, instruments, fees, trading conditions, payment options and account types to narrow down your forex broker shortlist. Data updated August 2026.
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FP Markets
Australian ECN Forex & CFD Broker
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Exness
Global Multi-Asset Broker with Unlimited Leverage
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Axi
Built by traders, for traders
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|---|---|---|---|
| Overview | |||
| Trustpilot Rating | 4.8 | 4.7 | 0 |
| Trustpilot Reviews | 10,252 | 30,519 | 0 |
| Headquarters | Australia | Cyprus | Australia |
| Founded | 2005 | 2008 | 2007 |
| Best For | Low Spreads ECN Trading Scalping Algo Trading Copy Trading Day Trading Swing Trading News Trading Hedging Zero Spread No Commission Professional | High Leverage Scalping High-Volume Low Spreads Beginners Copy Trading Day Trading Swing Trading News Trading Hedging Zero Spread No Commission Professional | Algo Trading Beginners Copy Trading Day Trading Education High Leverage Low Deposit Low Spreads Scalping 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) FSCA (South Africa) FSA (Seychelles) CMA (Kenya) | ASIC (Australia) FCA (UK) CySEC (Cyprus) DFSA (Dubai) FMA (New Zealand) |
| Fund Segregation | ✅ Yes | ✅ Yes | ✅ Yes |
| Negative Balance Protection | ✅ Yes | ✅ Yes | ✅ Yes |
| Compensation Scheme | Up to €20,000 under CySEC ICF | Up to EUR 20,000 via Financial Commission Compensation Fund | FSCS up to GBP 85000 (UK/FCA), ICF up to EUR 20000 (EU/CySEC), plus Lloyd's of London insurance up to $1M per client |
| Trading Costs | |||
| Min Spread | From 0.0 pips (Raw), From 1.0 pips (Standard) | From 0.0 pips (Raw/Zero), From 0.1 pips (Pro), From 0.2 pips (Standard) | 0.0 pips (Pro/Elite), 0.6 pips (Standard) |
| Commission | $3/lot/side (Raw), None (Standard) | $3.50/lot/side (Raw Spread), From $0.05/lot/side (Zero), None (Standard/Pro) | $0 (Standard), $7/lot RT (Pro), $3.50/lot RT (Elite) |
| Swap-Free (Islamic) | ✅ Yes | ✅ Yes | ✅ Yes |
| Inactivity Fee | None | None | $10/month after 12 months of inactivity |
| Deposit/Withdrawal Fees | No deposit fees. Bank withdrawal A$10 international. E-wallets free | No deposit or withdrawal fees | None (third-party payment provider fees may apply) |
| Trading Conditions | |||
| Max Leverage | 1:500 (Global), 1:30 (EU/AU retail) | 1:2000000000 (Unlimited/Offshore), 1:30 (EU/UK retail), 1:200 (EU/UK professional) | 1:500 (Global), 1:30 (EU/UK/AU retail) |
| Min Deposit | $100 | $10 (Standard), $1 (Standard Cent), $200 (Pro/Raw Spread/Zero) | $0 (Standard), $500 (Pro), $25000 (Elite) |
| Execution Type | ECN | Hybrid | ECN |
| Stop Out Level | 50% | 0% (most entities) | 20% |
| Margin Call Level | 100% | 60% (Standard), 30% (Pro/Raw/Zero) | 100% |
| Instruments | 70+ Forex 10000+ Stocks 12 Indices 3 Commodities 4 Metals 2 Energies 5 Crypto ETFs Bonds | 100+ Forex 10+ Metals 3 Energies 5 Commodities 10+ Indices 80+ Stocks 35+ Crypto | 70 Forex 100+ Stocks 30 Indices 13 Commodities Metals Energies 30 Crypto 150+ Futures |
| Currency Pairs | 70 | 100 | 70 |
| Min Lot Size | 0.01 | 0.01 | 0.01 |
| Platforms & Tools | |||
| Trading Platforms | MetaTrader 4 MetaTrader 5 cTrader TradingView IRESS | MetaTrader 4 MetaTrader 5 | MetaTrader 4 MetaTrader 5 |
| Mobile App | ✅ Yes | ✅ Yes | ✅ Yes |
| Copy Trading | ✅ Yes | ✅ Yes | ✅ Yes |
| Expert Advisors (EA) | ✅ Yes | ✅ Yes | ✅ Yes |
| VPS Hosting | ✅ Yes | ✅ Yes | ✅ Yes |
| API Access | ✅ Yes | ✅ Yes | ✅ Yes |
| Education | Webinars Video Tutorials Forex 101 Articles Trading Guides Podcast | Trading Academy Video Tutorials Webinars Market Analysis Trading Glossary | Axi Academy eBooks Video Tutorials Webinars Blog MT4 Tutorials |
| Account & Support | |||
| Account Types | Standard Raw Islamic IRESS Demo | Standard Standard Cent Pro Raw Spread Zero Islamic Demo | Standard Pro Elite 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 Skrill Neteller Perfect Money Crypto (Bitcoin USDT) | Credit/Debit Cards (Visa Mastercard) Bank Wire PayPal Skrill Neteller FasaPay Crypto (Bitcoin) Perfect Money |
| Withdrawal Speed | Same day (e-wallets), 1-2 days (cards), 3-5 days (bank wire) | Instant (e-wallets/crypto), 1-3 business days (cards/bank wire) | 1-3 Days (bank wire), Instant (PayPal, e-wallets) |
| Support Hours | 24/7 Live Chat, Email, Phone | 24/7 Live Chat, Email, Phone | 24/5 Live Chat, Email, Phone |
FP Markets
Exness
Axi