XM vs FP Markets: Comparison

Forex Broker Comparison

Detailed side-by-side analysis

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

Quick Summary

Best for Beginners

XM

$5.00

Tightest Spreads

XM

From 0.6 pips (Ultra Low/Zero accounts); average 1 pip on Standard pips

Highest Leverage

FP Markets

1:Up to 1:500

Best Rated

XM

4.50
/5

Mobile Trading

Both

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General Information

XM

Regulation

ASIC (Australia), CySEC (Cyprus), DFSA (Dubai, UAE)

Founded

N/A

Headquarters

Cyprus

Overall Rating

4.50/5

FP Markets

Regulation

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

Founded

N/A

Headquarters

Australia

Overall Rating

4.00/5

Trading Conditions

Feature XM FP Markets
Minimum Deposit $5.00 $100.00
Average Spreads From 0.6 pips (Ultra Low/Zero accounts); average 1 pip on Standard From 1.0 pip (Standard, avg. 1.1 pips on EUR/USD) to 0.0 pips (Raw, avg. 0.1 pips + commission)
Maximum Leverage Up to 1:1000 Up to 1:500
Commission None None

Account Types

XM

Standard Accounts Islamic Account Raw Account Micro Accounts

FP Markets

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

Platforms & Tools

XM

MetaTrader 4, MetaTrader 5

Mobile Trading

Available

Web Trading

Available

VPS Hosting

Available

Social Trading

Available

FP Markets

MetaTrader 4, MetaTrader 5, cTrader, WebTrader, TradingView

Mobile Trading

Available

Web Trading

Available

VPS Hosting

Available

Social Trading

Available

Payments

XM

Deposit Methods

Credit/Debit Cards (Visa/MasterCard), Bank Wire Transfer, Skrill, Neteller, Google Pay, Local Methods (e.g., UnionPay in Asia)

Withdrawal Methods

Same as deposits: Credit/Debit Cards, Bank Wire, Skrill, Neteller (processed same-day for verified accounts)

Withdrawal Fee

None

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

Support

XM

Support Languages

30+ (English, Arabic, Chinese, French, German, Spanish, Japanese, Russian, etc.)

Support Channels

24/5 customer support through live chat, email, and phone, with assistance available in multiple languages.

Account Manager

Not Available

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

Ready to choose your broker?

Select the platform that best matches your needs

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