FBS vs FP Markets - BrokerCue
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Broker Comparison

FBS vs FP Markets

Compare FBS and FP Markets side by side: fees, regulation, platforms.

FBS

FBS

High-leverage forex and CFD traders

FBS is a forex and CFD broker founded in 2009, offering six account types, MetaTrader 4 and 5, and a minimum โ€ฆ

VS
FP Markets

FP Markets

ECN forex and CFD traders

FP Markets is an Australian multi-asset broker founded in 2005, offering forex, CFDs, and share trading acrosโ€ฆ

Head-to-head comparison

FBS vs FP Markets
Feature FBS FP Markets
Minimum deposit - -
Stock trading fee - Iress platform: commission-based, minimum brokerage applies per trade; fee thresholds vary by account tier
Regulators CySEC, ASIC, FSCA, FSC ASIC, CySEC, FSCA, FSA, CMA, FSC
Best for High-leverage forex and CFD traders ECN forex and CFD traders
Markets & account
Stocks
-
ETFs
-
Forex
CFDs
Crypto
Bonds
-
Margin
Demo Account

Pros & cons

FBS

FBS

Pros

  • Minimum deposit from USD 1 on Cent account
  • Six account types including commission-free and raw-spread options
  • Regulated by CySEC and ASIC alongside offshore FSC entity
  • Free demo account available
  • MetaTrader 4 and MetaTrader 5 supported
  • 200+ payment methods accepted for deposits
  • Multilingual customer support available 24/7

Cons

  • Not available to residents of the US, UK, EU member states, Canada, Japan, Iran, or Myanmar
  • Stock CFD commission on Standard account is relatively high at 0.7%
  • Very high maximum leverage (1:3000) raises risk of rapid loss
  • Offshore Belize entity (FSC) provides limited regulatory protection
  • Limited cryptocurrency selection (around 5 assets)
FP Markets

FP Markets

Pros

  • Raw ECN account with spreads from 0.0 pips and $6 round-turn commission
  • Regulated by ASIC and CySEC with client funds in segregated accounts
  • 10,000+ tradeable instruments including forex, stocks, indices, and commodities
  • Choice of MetaTrader 4, MetaTrader 5, cTrader, TradingView, and Iress
  • No deposit, withdrawal, or inactivity fees
  • Free demo account with USD 100,000 in virtual funds
  • Negative balance protection under ASIC and CySEC entities
  • 24/7 multilingual customer support

Cons

  • Not FCA-regulated; UK traders are served through a less protective entity
  • Iress platform incurs a monthly fee unless minimum commission thresholds are met
  • Demo accounts expire after 30 days of inactivity
  • Research and educational content trails some larger competitors
  • Not available to residents of the United States, Japan, or New Zealand
  • Standard account spreads are wider than the Raw account average all-in cost
FBS

FBS

FBS is a forex and CFD broker founded in 2009, offering six account types, MetaTrader 4 and 5, and a minimum deposit from USD 1.

Your capital is at risk. Other fees apply.

FP Markets

FP Markets

FP Markets is an Australian multi-asset broker founded in 2005, offering forex, CFDs, and share trading across MetaTrader, cTrader, TradingView, and Iress platforms.

Your capital is at risk. Other fees apply.

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