XM

XM

8.9

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

Winner: FP Markets
VS
FP

FP Markets

9.1

Award-winning Australian broker offering DMA forex trading.

Quick Verdict

XM and FP Markets are both top-tier forex brokers, but they cater to slightly different audiences.XM excels in platform variety and educational resources, while FP Markets stands out for its regulatory coverage. For scalpers and algo traders, FP Markets is the better choice. For traders who value platform flexibility, FP Markets has the edge.

Full Comparison

FeatureXMFP Markets
Min Deposit$5$100
Max Leverage1:10001:500
Spread From0.6 pips0.0 pips
PlatformsMT4, MT5MT4, MT5, IRESS
RegulatorsCySEC, ASIC, IFSC, DFSAASIC, CySEC
Account TypesMicro, Standard, Ultra LowStandard, Raw
Founded20092005
HeadquartersLimassol, CyprusSydney, Australia
Overall Rating8.99.1

Score Breakdown

Fees

A
8.5
B
9.2

Platforms

8.8
9.0

Regulation

8.9
9.1

Support

9.3
8.8

Education

9.5
8.0

Execution

8.7
9.3
XM
FP Markets

When to choose XM

  • Ultra-low $5 minimum deposit
  • Extensive educational resources
  • Multilingual support 30+ languages

When to choose FP Markets

  • 15+ years industry experience
  • DMA pricing
  • Free VPS for active traders
Read full XM reviewRead full FP Markets review

FAQ