FP Markets vs Decode FX: Comparison

Forex Broker Comparison

Detailed side-by-side analysis

FP Markets
FP Markets
VS
Decode FX
Decode FX
General Information Trading Conditions Account Types Platforms & Tools Payments Support

Quick Summary

Best for Beginners

Decode FX

$0.00

Tightest Spreads

Decode FX

From 0.0 pips (Pro/ECN accounts) to 1.5 pips (Standard); average EUR/USD ~0.8 pips pips

Highest Leverage

Decode FX

1:Up to 1:500

Best Rated

Decode FX

4.40
/5

Mobile Trading

Both

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General Information

FP Markets

Regulation

CySEC (Cyprus), ASIC (Australia), FSCA (South Africa), FSA (Seychelles), FSC (Mauritius)

Founded

N/A

Headquarters

Australia

Overall Rating

4.00/5

Decode FX

Regulation

ASIC (Australia), VFSC (Vanuatu)

Founded

N/A

Headquarters

Australia

Overall Rating

4.40/5

Trading Conditions

Feature FP Markets Decode FX
Minimum Deposit $100.00 $0.00
Average Spreads From 1.0 pip (Standard, avg. 1.1 pips on EUR/USD) to 0.0 pips (Raw, avg. 0.1 pips + commission) From 0.0 pips (Pro/ECN accounts) to 1.5 pips (Standard); average EUR/USD ~0.8 pips
Maximum Leverage Up to 1:500 Up to 1:500
Commission None None

Account Types

FP Markets

Standard Accounts Islamic Account ECN Accounts Copy Trading Accounts VIP Accounts Raw Account

Decode FX

beginner-friendly ecn-raw

Platforms & Tools

FP Markets

MetaTrader 4, MetaTrader 5, cTrader, WebTrader, TradingView

Mobile Trading

Available

Web Trading

Available

VPS Hosting

Available

Social Trading

Available

Decode FX

MetaTrader 4, MetaTrader 5

Mobile Trading

Available

Web Trading

Available

VPS Hosting

Available

Social Trading

Available

Payments

FP Markets

Deposit Methods

Credit/Debit Cards (Visa/Mastercard), Bank Wire, Skrill, Neteller, PayPal, Poli, PaySafeCard, Bitcoin, Local methods (e.g., BPay for AU, Ngan Luong for Vietnam)

Withdrawal Methods

Same as deposits; processed 1-3 days (instant for e-wallets)

Withdrawal Fee

None

Decode FX

Deposit Methods

Credit/Debit Cards (Visa/Mastercard), Bank Wire, Skrill, Neteller, Alipay, Poli, DragonPay, USDT (crypto)

Withdrawal Methods

Same as deposits: Bank Wire (fee-free), Cards/Skrill/Neteller (fees apply), USDT

Withdrawal Fee

None

Support

FP Markets

Support Languages

18+ including English, Arabic, Chinese, French, German, Hindi, Indonesian, Japanese, Malay, Portuguese, Russian, Spanish, Thai, Vietnamese

Support Channels

24/7 multilingual customer support via live chat, email, and phone.

Account Manager

Available

Decode FX

Support Languages

English, Chinese, Spanish, Arabic, Indonesian (multi-language support via MT4/MT5)

Support Channels

24/5 live chat, email, phone; Responsive weekdays but mixed reviews on speed

Account Manager

Available

Ready to choose your broker?

Select the platform that best matches your needs

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