XTB vs FP Markets
Can't decide between XTB and FP Markets as your next broker? Our in-depth comparison of XTB vs FP Markets breaks down key aspects like regulation and trust, fees and trading costs, platforms and tools, asset selection, account options, and more to help you pick the right one for your trading style.
Who is XTB?
XTB is a leading global multi-asset broker established in 2002, publicly listed on the Warsaw Stock Exchange. Serving millions of traders around the world, XTB offers access to a wide range of trading instruments, transparent pricing, and advanced proprietary trading platform. The official website is of XTB is www.xtb.com.
The minimum deposit required to start trading with XTB is $0.
Who is FP Markets?
FP Markets is an award-winning global multi-asset forex and CFD broker established in 2005 and headquartered in Sydney, Australia. The broker is particularly popular for its its competitive pricing, fast trade execution, wide range of products, and strong regulatory oversight. The official website of FP Markets is www.fpmarkets.com.
The minimum deposit required to start trading with FP Markets is $100.
XTB vs FP Markets Side-by-Side Comparison
XTB, established in 2002, holds licenses from the FCA (UK), CySEC (Cyprus), FSC (Belize), KNF (Poland) and SCA (Dubai, UAE). The company maintains local offices in several locations, including Warsaw, London, Berlin, Bratislava, Bucharest, Dubai, Jakarta, Paris, Madrid, Prague, Santiago, Belize City, Limassol and Lisbon. To trade at XTB, the broker supports its proprietary trading platform xStation 5.
To open a trading account, XTB sets a minimum deposit of $0, with accounts available in one base currency, USD. Further, XTB operates using a hybrid model (A+B Book), but does not support copy trading. Clients can fund their XTB accounts using several payment options, including credit and debit cards, bank transfers, e-wallets (PayPal, Neteller etc.).
In comparison, FP Markets, founded in 2005, is regulated by the ASIC (Australia), CySEC (Cyprus), FSCA (South Africa) and SVG (St. Vincent & the Grenadines). The firm runs local offices in Sydney (Headquarters), Limassol and Eden Island. To place orders at FP Markets, traders can use various trading platforms, which include MT4, MT5, cTrader, TradingView and Iress.
The minimum deposit to open an account with FP Markets is $100, with accounts denominated in USD. FP Markets operates following an ECN/STP model and supports copy trading through Signal Start. Deposits and withdrawals are available at FP Markets via credit/debit cards, bank transfers, crypto, e-wallets (Skrill, Neteller, Paypal (in EU), Fasapay and SticPay).
XTB vs FP Markets Market Instruments
XTB offers access to a total of 11,500+ instruments across several asset classes, featuring CFDs on forex, stocks, indices, commodities, cryptocurrencies + real stocks and etfs. The lineup at XTB includes 70+ forex pairs, 6,600+ stocks, 30+ indices, 20+ commodities and 40+ crypto pairs.
FP Markets, meanwhile, provides access to 1,200+ instruments, covering CFDs on forex, stocks, indices, commodities, etfs, bond and cryptocurrencies. Its collection of market products features 70+ forex pairs, 800+ stocks, 15 indications, 22 commodities and 12 crypto pairs.
XTB vs FP Markets Account Types
XTB vs FP Markets Spreads Comparison
The figures below reflect the minimum and average spreads on standard accounts of XTB and FP Markets, as reported by each broker. Spreads are dynamic and can change with liquidity and volatility, so verify the latest information on the brokers’ websites before trading.
Looking at minimum spreads: For EUR/USD, XTB posts a minimum spread of 0.8 pips, while FP Markets quotes 1.0 pips. XTB also quotes minimums of 1.7 pips for GBP/USD, 1.5 pips for USD/CAD, and 4.1 pips for CAD/JPY. Further, XTB posts minimums of $0.3 for XAU/USD (Gold), $0.03 for WTI Crude Oil, and 0.22% for Bitcoin. FP Markets does not provide data about the minimum spreads for these instruments.
Looking at average spreads: FP Markets reports an average of 1.2 pips for EUR/USD, 1.5 pips for GBP/USD, and $0.26 for XAU/USD. Meanwhile, XTB does not provide data about the average spreads.
XTB vs FP Markets Minimum Spreads Comparison
XTB vs FP Markets Average Spreads Comparison
Costs on Raw/Zero Spread Account
Focusing on costs for raw/zero spread accounts, XTB does not offer raw/zero spread accounts, but FP Markets posts a minimum spread of 0.0 pips plus a commission of $3.0 per side per lot on its Raw account.
Raw or zero spreads are typically accompanied by a per‑side commission. On these accounts, spreads can change with liquidity and volatility. As such, always check the brokers’ websites for the latest pricing details.
Other Features
XTB vs FP Markets: Wrapping Up the Comparison
XTB and FP Markets are well-established global brokers, founded in 2002 and 2005, respectively. XTB is regulated by the FCA (UK), CySEC (Cyprus), FSC (Belize), KNF (Poland) and SCA (Dubai, UAE), while FP Markets is overseen by the ASIC (Australia), CySEC (Cyprus), FSCA (South Africa) and SVG (St. Vincent & the Grenadines).
Concerning minimum deposits, XTB sets a low entry barrier, with a minimum deposit of $0. In contrast, FP Markets requires $100. XTB supports trading through its proprietary trading platform, xStation 5. On the other hand, FP Markets offers multiple trading platforms, featuring MT4, MT5, cTrader, TradingView and Iress. In terms of market instruments, XTB offers access to 11,500+ while FP Markets offers 1,200+ market products.
Both brokers provide a Standard account with competitive spreads. Copy trading is available at FP Markets via Signal Start, while XTB does not provide copy trading. On pricing, minimum EUR/USD spreads start from 0.8 pips at XTB versus 1.0 pips at FP Markets.
In short, XTB appeals to traders who want a larger product range, a stronger regulatory framework and support in Europe and the streamlined xStation 5 platform. Meanwhile, FP Markets stands out to those who prefer multiple platform choices and access to a Raw Spread account.
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