XTB VS FP MARKETS Comparison in 2024

In this article we are going to list in a comparative table the differences between XTB Broker and FP Markets Broker.

XTB broker started its activity in 2002 (under the name X-Trade Brokers). It started in Poland and has expanded internationally. It currently has offices in 14 countries and clients all over the world. It has important regulations, such as the UK FCA, and offers a versatile portfolio of services with more than 6100 financial instruments to invest in and its own comprehensive xStation trading platform.

FP Markets is a Forex and CFD broker founded in 2005 and based in Australia. FP Markets offers a wide range of financial instruments and trading platforms, including MetaTrader 4, MetaTrader 5 and the IRESS platform. They are highly customisable trading platforms and offer a wealth of tools and functions for technical analysis. It is an ECN broker which allows traders to trade directly against liquidity providers and get the best buy and sell prices available in the market.

Here is a comparison of both brokers:

XTB	FP MARKETS
SELECT BROKER
Select a BrokerAVATRADEAXIEXNESSFBSFP MARKETSIC MARKETSIQ OPTIONOANDAPEPPERSTONEPLUS500ROBOFOREXXMXTB	Select a BrokerAVATRADEAXIEXNESSFBSFP MARKETSIC MARKETSIQ OPTIONOANDAPEPPERSTONEPLUS500ROBOFOREXXMXTB
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Go to XTB	Go to FP Markets
Name
XTB	FP Markets
Trustpilot Rating
3,9 / 5	4,8 / 5
Regulation
FCA, FSC, CySEC, KNF, DFSA	CySEC, ASIC
Established since
2002	2005
Headquarters
London, United Kingdom	Sidney, Australia
Execution Type
Market Maker	ECN
Min Deposit
0 $	100 € / $
Max Leverage
1:500	1:500
Trading Platforms
Proprietary Webtrader (xStation 5), Mobile Versions (iOS and Android)	MetaTrader 4, MetaTrader 5, IRESS, cTrader, Webtrader, Mobile Versions
IOS APP
ANDROID APP
WEB
GO TO XTB	GO TO FP Markets
EUR/USD Spread
Spreads from 0.1 pips.	From 1 pip on Standard accounts and from 0 pips on Raw accounts (with commission).
Minimum Size
0.01 Lots	0.01 Lots
Payment Methods
Funding methods vary according to the resident country of the client.Examples: Credit and Debit Cards, Bank Wire Transfer, Paypal, Skrill (MoneyBookers), Neteller	Credit and Debit Cards, Bank Wire Transfer, Paypal, Skrill (MoneyBookers), Neteller, FasaPay
Demo Account
Islamic Account
Social Trading
Scalping
Hedging
Algorithmic trading
VPS
Financial Intruments
Over 6100: Forex, indices, commodities, stocks, ETFs and cryptocurrencies.	More than 10,000 tradable instruments: Forex, CFDs, indices, stocks, commodities, metals, cryptocurrencies and bonds.
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Go to XTB	Go to FP Markets
Pros
More than 6,100 financial instruments to trade. Excellent customer support and free training resources. Fast and intuitive xStation platform for all types of traders.	More than 10,000 instruments available for trading. Tight spreads and fast execution with no requotes. Free and unlimited demo account.
Cons
Does not offer MetaTrader 4 or MetaTrader 5. Only its own trading platform. Demo account limited to 30 days of use. Not valid for automatic trading or copy trading.	Few operable cryptocurrencies. Fees on international withdrawals. Few educational resources.
Offer
VISIT BROKER (*) 76%-85% of retail investors lose money when trading CFDs with this broker. Excellent customer support.	VISIT BROKER