Updated September 29, 2026 · BrokerCue Editorial Team
FP Markets vs Libertex
FP Markets vs Libertex: the differences
| Compare |  FP Markets | Libertex ReviewSee alternativesSee alternatives |
|---|---|---|
| Minimum deposit | A$100 | €100 |
| Markets | Forex, CFDs | Stocks, ETFs, Forex, CFDs, Options, Crypto, Bonds, MetalsCovers more |
| Regulators | ASIC, SIPC | Cyprus Securities and Exchange Commission (CySEC) |
| Investor protection | SIPC up to USD 500,000 | EU ICS up to EUR 20,000 |
| Retail accounts that lose money | 72.5% | 83% |
| Stock trade fee | Not confirmed | €0 |
| Inactivity fee | Not confirmed | $5 |
| Deposit and withdrawal fees | Not confirmed | Withdrawal fees depend on payment method |
| Platforms | Not confirmed | Libertex, MetaTrader 4, MetaTrader 5 |
| Maximum retail leverage | Not confirmed | 1:30 |
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Key differences
- Libertex scores higher overall: 9.1 vs 9.0.
- Regulators: only FP Markets offers ASIC, SIPC.
- Regulators: only Libertex offers Cyprus Securities and Exchange Commission (CySEC).
- FP Markets is licensed in 1 more country.
- Markets: only Libertex offers Stocks, ETFs, Options.
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.
Libertex
Libertex suits EU traders who want forex, CFDs, options, crypto and share dealing under a single Cyprus Securities and Exchange Commission licence. Stock trades cost €0 on a commission free pricing model, and client protection is stated as EU ICS up to EUR 20,000.
Score breakdown
| Area | FP Markets | Libertex |
|---|---|---|
| Cost | 8.6 | 8.9HigherStock trade fee ranks 1 of 161, while the minimum deposit of €100 is high for a first payment. |
| Offer | 8.6 | 9.6Higher |
| Trust | 9.5Higher | 9.0 |
Where each is licensed and available
| Country | FP Markets | Libertex |
|---|---|---|
| Australia | Not confirmed | |
| Cyprus | Not confirmed | |
| United States | SIPC SIPC member 71021 | Not confirmed |
How they place
| Ranking | FP Markets | Libertex |
|---|---|---|
| Forex brokers | 59 of 147 | 51 of 147 |
| Low-spread forex brokers | 57 of 145 | 49 of 145 |
| CFD brokers | 49 of 122 | 41 of 122 |
Every fact side by side
| Fact | FP Markets | Libertex |
|---|---|---|
| Features | Not confirmed | Crypto, Mobile app, Demo account |
| Pricing model | Not confirmed | Commission free |
| Legal entity | RB INTERNATIONAL MARKETS (USA) LLC | Indication Investments Ltd |
| Headquarters | Not confirmed | Cyprus |
| Founded | Not confirmed | 1997 |
| Support channels | Not confirmed | Email, Chat, Phone |
Where each stands against the rest
| Fact | FP Markets | Libertex | Median |
|---|---|---|---|
| Stock trade fee | Not confirmed | €0below the median | €1 |
| Inactivity fee | Not confirmed | $5above the median | $0 |
| Retail accounts that lose money | 72.5%above the median | 83%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.
Libertex
Pros
- Stock trades cost €0 under a commission free pricing model
- Markets span stocks, etfs and forex under one regulated entity
- Retail leverage of 1:30 is available for EU clients
Cons
- The minimum deposit of €100 is high next to the brands compared here
- An inactivity fee of $5 applies to dormant accounts
- Retail accounts that lose money run at 83%
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
Libertex
Who it suits
- Traders who want forex, CFDs, options, crypto and shares in a single account
- MetaTrader users who prefer a familiar charting platform
- EU clients who value CySEC oversight and Investor Compensation Scheme cover
Who should look elsewhere
- CFD traders who want a lower entry point, since CFI opens accounts from $0 against €100 here
- Savers who leave balances untouched, because an inactivity fee of $5 applies
- Anyone who needs no cap on retail leverage, since retail leverage stops at 1:30
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.
Libertex
What does it cost to trade stocks at Libertex?+
Stock trades are charged at €0 and the pricing model is commission free, so no separate dealing commission is added on top. Withdrawal costs also matter, since Withdrawal fees depend on payment method and the method you choose sets the amount.
What is the minimum deposit to open an account?+
The minimum deposit is €100, which sits above what most of the field asks for a first payment. CFI opens accounts from $0 and Vantage from $5, so anyone starting with a smaller sum is better served elsewhere.
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