Updated September 29, 2026 · BrokerCue Editorial Team
FP Markets vs FXTM
Where FP Markets and FXTM differ
| Compare |  FP Markets | FXTM ReviewSee alternativesSee alternatives |
|---|---|---|
| Minimum deposit | A$100 | $10 |
| Markets | Forex, CFDs | Stocks, ETFs, Forex, CFDs, Futures, Crypto, Bonds, MetalsCovers more |
| Regulators | ASIC, SIPC | FCA, CySEC |
| Investor protection | SIPC up to USD 500,000 | FSCS up to GBP 85,000 |
| Retail accounts that lose money | 72.5% | 88% |
| Inactivity fee | Not confirmed | $5 |
| Deposit and withdrawal fees | Not confirmed | No deposit fees; withdrawal fees vary by method |
| Platforms | Not confirmed | Desktop, Mobile App, MetaTrader 4, MetaTrader 5 |
| Maximum retail leverage | Not confirmed | 1:2000 |
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Key differences
- FXTM scores higher overall: 9.3 vs 9.0.
- Regulators: only FP Markets offers ASIC, SIPC.
- Regulators: only FXTM offers FCA, CySEC.
- Markets: only FXTM offers Stocks, ETFs, Futures.
Our verdict on each
FP Markets
FP Markets suits traders who want a regulated broker with a real protection scheme behind the money, not the lowest entry cost. It is regulated in Australia and the US, and the US entity carries SIPC cover of SIPC up to USD 500,000. The catch is the entry hurdle: a minimum deposit of AUD 100.
FXTM
FXTM suits traders who want forex, CFDs, futures, crypto and shares under one account, with retail leverage of 1:2000 and dual regulation behind the money. Costs are the compromise: entry is light, but support runs on help centre only, and a dormant account is charged rather than left free.
Score breakdown
| Area | FP Markets | FXTM |
|---|---|---|
| Cost | 8.6 | 9.0HigherEntry costs are light, with a $10 starting deposit and No deposit fees; withdrawal fees vary by method, though dormant accounts pay $5. |
| Offer | 8.6 | 9.3Higher |
| Trust | 9.5 | 9.5 |
Where they rank in our lists
| Ranking | FP Markets | FXTM |
|---|---|---|
| Forex brokers | 59 of 147 | 30 of 147 |
| Low-spread forex brokers | 57 of 145 | 28 of 145 |
| CFD brokers | 49 of 122 | 24 of 122 |
Sources behind this comparison
FP Markets
- brokerchooser.com: 2 facts, checked September 26, 2026
- sipc.org: 2 facts, checked September 26, 2026
- fxscouts.ng: 1 fact, checked September 26, 2026
- leadiq.com: 1 fact, checked September 26, 2026
FXTM
- fxtm.com: 5 facts, checked September 26, 2026
- brokersway.com: 4 facts, checked September 26, 2026
- trade-leader.com: 2 facts, checked September 26, 2026
Every fact side by side
| Fact | FP Markets | FXTM |
|---|---|---|
| Features | Not confirmed | Demo account, Copy trading, Mobile app, Crypto |
| Legal entity | RB INTERNATIONAL MARKETS (USA) LLC | Not confirmed |
| Support channels | Not confirmed | Help centre |
Where each stands against the rest
| Fact | FP Markets | FXTM | Median |
|---|---|---|---|
| Inactivity fee | Not confirmed | $5above the median | $0 |
| Retail accounts that lose money | 72.5%above the median | 88%highest quarter | 72.05% |
Median across 47 listed brokers.
Pros and cons
FP Markets
Pros
- Regulated in Australia and the US, with the US entity covered by SIPC up to USD 500,000.
- A single, named legal entity, RB INTERNATIONAL MARKETS (USA) LLC, holds the SIPC membership, licence SIPC member 71021.
- A focused product: forex and cfds, without a wider asset mix to learn.
Cons
- The minimum deposit of AUD 100 is well above the site median of €4.64.
- A limited market list, forex and cfds, so it does not cover shares, ETFs or crypto.
- The cost score is 3.1, one of the weaker parts of the profile.
FXTM
Pros
- One account spans stocks, etfs and forex.
- The FCA and CySEC both appear under FCA and CySEC, with FSCS up to GBP 85,000 for UK clients.
- Trading runs on Desktop, Mobile App and MetaTrader 4, and demo account, copy trading and mobile app adds a demo account and copy trading.
Cons
- Dormant balances are charged $5, a cost active traders never meet.
- Support runs on help centre only.
- Leverage of 1:2000 magnifies losses, and 88% of retail accounts lose money.
Who each suits
FP Markets
Who it suits
- Traders who weight regulator and protection scheme above a low starting amount
- Anyone happy to trade a single market pair of products, forex and cfds
- US clients who want the SIPC scheme, SIPC up to USD 500,000, behind the account
Who should look elsewhere
- Small starters, who will find AUD 100 a high way in
- Investors wanting shares, ETFs or crypto, since forex and cfds covers neither
- eToro users who want a much wider asset list, stocks, etfs and forex
FXTM
Who it suits
- Traders who want forex, CFDs, futures, crypto and shares in one place from a $10 start.
- Newcomers who want a demo account and copy trading through demo account, copy trading and mobile app.
- Clients who want regulation in the UK and Cyprus under FCA and CySEC.
Who should look elsewhere
- Anyone who wants to open with nothing: CFI has a $0 minimum.
- Traders focused on shares, ETFs and crypto rather than bonds and metals: eToro's markets are stocks, etfs and forex.
- Small accounts wanting a cheaper opening: Vantage starts at $5.
Questions about each
FP Markets
What is the minimum deposit at FP Markets?+
The minimum deposit is AUD 100. That is a high way in, and it sits well above the site median of €4.64. Anyone starting with a small amount should look at a broker with a lower entry figure before committing.
Is my money protected at FP Markets?+
The US-facing entity, RB INTERNATIONAL MARKETS (USA) LLC, is covered by SIPC up to USD 500,000. That protection belongs to the US entity, so clients of other entities in the group should check which scheme applies to them before depositing.
FXTM
What does it cost to open and keep an FXTM account?+
Opening an account starts at $10, and the deposit and withdrawal terms read No deposit fees; withdrawal fees vary by method. The fee to watch is the inactivity charge of $5, which bites once an account sits idle, so running costs stay low only while you keep trading.
Is my money protected at FXTM?+
FXTM is regulated by the FCA and CySEC, and the investor protection stated is FSCS up to GBP 85,000. That cover sits with the regulated entity holding the account, so check which one your account is opened with before treating the protection as your own.
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