FP Markets vs MEXEM - BrokerCue
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Broker Comparison

FP Markets vs MEXEM

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

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 acros…

VS
MEXEM

MEXEM

Low-cost multi-asset investors

MEXEM is a Cyprus-based introducing broker for Interactive Brokers offering low-cost stocks, ETFs, options, f…

Head-to-head comparison

FP Markets vs MEXEM
Feature FP Markets MEXEM
Minimum deposit - -
Stock trading fee Iress platform: commission-based, minimum brokerage applies per trade; fee thresholds vary by account tier US stocks: $0.005 per share, min $1, max 2% of order value; European stocks: 0.06%, min 1 EUR
Regulators ASIC, CySEC, FSCA, FSA, CMA, FSC CySEC, AFM, FSMA, CBI
Best for ECN forex and CFD traders Low-cost multi-asset investors
Markets & account
Stocks
ETFs
Forex
CFDs
-
Crypto
-
Bonds
Options
-
Futures
-
Margin
-
Demo Account
Funds
-
Fractional Shares
-
Multi Currency
-

Pros & cons

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
MEXEM

MEXEM

Pros

  • No account, deposit, custody or inactivity fees
  • Low US stock commission from $1 minimum
  • Access to 30,000-plus instruments across 150-plus markets
  • EU investor protection up to 20,000 EUR via Irish Investor Compensation Scheme
  • Paper trading (demo) account available at no cost
  • Fractional shares on most EU and US stocks
  • 70 WisdomTree ETFs available commission-free
  • Professional-grade Trader Workstation with 100-plus order types

Cons

  • No direct cryptocurrency spot trading
  • No MetaTrader 4 or MetaTrader 5 support
  • Trader Workstation has a steep learning curve for beginners
  • No instant card or e-wallet deposit in many regions
  • Margin account requires 2,000 USD minimum equity
  • Not available to US, Canadian or Japanese residents
  • Multiple additional withdrawal fees after the first free monthly withdrawal
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.

Visit FP Markets Read review

Your capital is at risk. Other fees apply.

MEXEM

MEXEM

MEXEM is a Cyprus-based introducing broker for Interactive Brokers offering low-cost stocks, ETFs, options, futures and forex across 150-plus global markets.

Visit MEXEM Read review

Your capital is at risk. Other fees apply.

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