Forex Broker Comparison
Detailed side-by-side analysis
Quick Summary
Best for Beginners
MH Markets
$50.00Tightest Spreads
MH Markets
From 0.0 pips pipsHighest Leverage
FP Markets
1:Up to 1:500Best Rated
MH Markets
Mobile Trading
Both
✓✓General Information
FP Markets
Regulation
CySEC (Cyprus), ASIC (Australia), FSCA (South Africa), FSA (Seychelles), FSC (Mauritius)
Founded
N/A
Headquarters
Australia
Overall Rating
MH Markets
Regulation
FSC (Mauritius)
Founded
N/A
Headquarters
Mauritius (licensed), UAE office
Overall Rating
Trading Conditions
| Feature | FP Markets | MH Markets |
|---|---|---|
| Minimum Deposit | $100.00 | $50.00 |
| 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 |
| Maximum Leverage | Up to 1:500 | 1:2000 |
| Commission | None | None |
Account Types
FP Markets
MH Markets
No account types specified
Platforms & Tools
FP Markets
MetaTrader 4, MetaTrader 5, cTrader, WebTrader, TradingView
Mobile Trading
Available
Web Trading
Available
VPS Hosting
Available
Social Trading
Available
MH Markets
MetaTrader 4, MetaTrader 5, WebTrader
Mobile Trading
Available
Web Trading
Available
VPS Hosting
Not 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
MH Markets
Deposit Methods
🏦 Bank/Wire | 💳 VISA/MasterCard | 🏛️ Local Banking | 📱 QR | 💰 Tether (USDT)
Withdrawal Methods
Same as deposits; processing typically 1 business day; wire may take 3–5 days
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
MH Markets
Support Languages
Multi‑lingual support: English, Thai (and others)
Support Channels
24/7 multilingual support; strong reviews, though some variability in response times
Account Manager
Available
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