FP

FP Markets

9.1

Award-winning Australian broker offering DMA forex trading.

Winner: FP Markets
VS
XM

XM

8.9

Globally trusted broker with 15M+ clients and multilingual support.

Quick Verdict

FP Markets and XM are both top-tier forex brokers, but they cater to slightly different audiences.FP Markets excels in execution speed and raw pricing, while XM stands out for its competitive fee structure. For scalpers and algo traders, FP Markets is the better choice. For traders who value platform flexibility, FP Markets has the edge.

Full Comparison

FeatureFP MarketsXM
Min Deposit$100$5
Max Leverage1:5001:1000
Spread From0.0 pips0.6 pips
PlatformsMT4, MT5, IRESSMT4, MT5
RegulatorsASIC, CySECCySEC, ASIC, IFSC, DFSA
Account TypesStandard, RawMicro, Standard, Ultra Low
Founded20052009
HeadquartersSydney, AustraliaLimassol, Cyprus
Overall Rating9.18.9

Score Breakdown

Fees

A
9.2
B
8.5

Platforms

9.0
8.8

Regulation

9.1
8.9

Support

8.8
9.3

Education

8.0
9.5

Execution

9.3
8.7
FP Markets
XM

When to choose FP Markets

  • 15+ years industry experience
  • DMA pricing
  • Free VPS for active traders

When to choose XM

  • Ultra-low $5 minimum deposit
  • Extensive educational resources
  • Multilingual support 30+ languages
Read full FP Markets reviewRead full XM review

FAQ