Compare FXCM Vs FP Markets: Which is the Better Forex Broker in 2024?
FXCM Vs FP Markets, which one is better? Both brokers are often compared to each other to find which one comes out to be the better one. What many traders may not comprehend is that the best choice may differ for every one of them, and there's nothing wrong with it. To make it easier for you to decide which one is the best between FXCM Vs FP Markets, here is the direct comparison:
Feature | FXCM | FP Markets |
General Rating |
2.43/5 |
3.20/5 |
|
Score | 66 | 78 | |
Trustpilot |
2.7/5 44 users |
4.8/5 6207 users |
|
💼 Regulation | |||
❗Info | |||
⌛ Established | 1999 | 2005 | |
💲 Min Deposit | $1 | $100 | |
⚖ Max Leverage | 1:400 | 1:500 | |
🔢 Spread | Fixed | Variable | |
💸 Commissions | $4 | $3 | |
💡 Min Position | 0.01 lot | 0.01 lot |
💳 Payment | Skrill, Wire transfer, Credit/debit cards and Neteller | Apple Pay, Crypto, Credit/debit cards, Dash, Dragonpay, Ethereum, FasaPay, Google Pay, Litecoin, Local bank transfer, Neteller, Ripple, Skrill, Tether (USDT), USD Coin (USDC), Wire transfer, Zcash and Perfect Money | |
🏢 Office(s) |
|
|
🧩 Demo Account | |||
📁 Segregated Account | |||
🕋 Islamic Account | |||
👨💻 PAMM Account | |||
📈 Managed Account | |||
LAMM Account | |||
MAM Account |
💱 Hedging | |||
🇺🇸 US traders | |||
📫 Requires sending documents via postal mail | |||
🕛 Swaps | |||
☎️ Trading by telephone |
🏆 Trading contests | |||
⚡ Automated trading | |||
💰 Bonus offers | |||
📖 Free education | |||
👔 Affiliate program |
1️⃣ One-click trading | |||
⏱ Trailing stop | |||
⏳ Pending orders |
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
|||
|
🗣 Website Languages | Arabic, German, Greek, English, Spanish, French, Italian, Hebrew, Portuguese, Swedish, Chinese | Arabic, Chinese, English, French, Indonesian, Italian, Malay, Portuguese, Russian, Spanish, Vietnamese |
🚪 Trade Now | Open FXCM | Open FP Markets |
Testimonials
-
FXCM: Genuine Trading Tips
-
FXCM: nice broker
-
FXCM: I wonder how I got so many phone call after...
-
FXCM: They never accept my account and when I ask for...
-
FXCM: First, the price is far, very far from the real...
-
FXCM: Genuine Trading Tips
-
FXCM: nice broker
-
FXCM: I wonder how I got so many phone call after...
-
FXCM: They never accept my account and when I ask for...
-
FXCM: First, the price is far, very far from the real...
-
FP Markets: It's concerning me
-
FP Markets: Impressive cost
-
FP Markets: Very pleased!
-
FP Markets: Total gem!
-
FP Markets: Problem with withdrawal
-
FXCM: Genuine Trading Tips
-
See More FXCM Testimonials
-
See More FP Markets Testimonials
News
-
FP Markets Awarded Best for Fees & Algorithmic Trading
-
Unleash Your Earning Potential: Refer a Friend to FP Markets and Earn Up to $200!
-
Level Up Your Trades: FP Markets Forex Broker Partners with TradingView
-
Forex Broker FP Markets Expands to Africa with Kenya License
-
FP Markets Crowns the Best Trading Tool in 2023 by FXScouts
-
FP Markets Powers Cricket Brasil Youth with Impactful Sponsorship
-
FXCM New Vice President and CFO Take the Helm at Tradu Platform
-
FP Markets Introducing CFDs Paired Against Cross Currencies
-
FP Markets Upgrades All-In-One Client Portal
-
FXCM UK Records a 11.2 Percent Drop in Revenue
Articles
-
How to Verify Your Trading Account on FP Markets
-
XM Vs FP Markets for Commodity Trading
-
Is Exness Standard Account Better than FP Markets?
-
Comparing Pepperstone and FP Markets Trading App
-
FP Markets Vs Pepperstone for Cryptocurrency Trading
-
What is DMA Pricing in FP Markets?
-
Everything You Need to Know about FP Markets Spreads
-
Beginners Guide to FP Markets Signal Start
-
FP Markets Vs Pepperstone Social Trading Comparison
-
A to Z about Copy Trading by FP Markets
Bonus
Webinars
-
FP Markets: �Aprenda Scalping desde Cero!
-
FP Markets: Gu�a Definitiva para Operar con Materias Primas: Conceptos B�sicos y Estrategias
-
FP Markets: Revisione periodica
-
FP Markets: El potencial del par EURUSD: Estrategias y Caracter�sticas Claves para Operar
-
FP Markets: ???? ???????? ?????? ??????????? ??? ???? ???????
-
FP Markets: Ottimizzazione operativa
-
FP Markets: Descubra los Secretos del Trading Institucional
-
FP Markets: �ndices al Descubierto: Operativa, Tendencias y Estrategias
-
FP Markets: Estrapolazione dati
-
FP Markets: Gu�a Esencial para Operar con Petr�leo y Oro: Estrategias y T�cnicas
-
See More FP Markets Webinars
More Comparisons
- JustMarkets vs FXOpen
- FBS vs XM
- Vantage Markets vs FP Markets
- Blueberry Markets vs FirewoodFX
- Dukascopy vs Octa
- OANDA vs Admirals
- easyMarkets vs Tickmill
- MTrading vs FXTM
- HF Markets vs Interactive Brokers
- Exness vs IC Markets
- eToro vs Pepperstone
- Axi vs RoboForex
- LiteFinance vs InstaForex
- ThinkMarkets vs AvaTrade
- Comparison List
Which one has the better spread?
Considering that spread is a trading cost, the lower the spread, the better it is for traders. However, spread information among brokers is not easy to get, as not every broker transparently publishes their spreads data.
However, traders can still choose their ideal brokers by the type of their spreads. The most two popular types of spread are fixed and variable. The pros and cons between the two spreads can vary for every trader. In this case, FXCM provides their pricing with Fixed spread while FP Markets offers Variable spread.
FXCM vs FP Markets: Who hosts the best trading platform?
The trading platform is essential as you can't execute a trade without it. Additionally, trading platforms provide price charts and an assortment of analytical tools to help traders with their strategies.
To support their clients, FXCM enables trading with MetaTrader 4 (Limited with 30 days), Trading Station II (Limited with 30 days), MirrorTrader, NinjaTrader. The offer is supported with One-click trading, Trailing stop, Pending orders. In comparison, FP Markets provides trading with MetaTrader 4, MetaTrader 5, TradingView, cTrader, Web with the support of One-click trading, Trailing stop, Pending orders.
Is FXCM or FP Markets better in providing the trading instruments?
It is widely known that forex brokers offer other trading instruments other than currency pairs. The offer gives interesting choices for traders to explore other markets that may be proven beneficial for them and to diversify their trading portfolios.
In this case, FXCM supports trading with Forex, CFD, Stocks, Agriculture, Gold & silver, Oil, Indexes, Spread betting, Crypto, while FP Markets presents the ability of trading with Forex, Indexes, Metals, Crypto, ETFs, Stocks, Commodities, Gold & Silver, Bonds.
In conclusion, deciding the better broker eventually comes down to your consideration. If you are an active trader, it is better to choose a broker with a variable spread that is generally lower than the fixed one. For the trading platform, MetaTrader 4 is the standard choice for every trader. But if you want to have a different experience with a more advanced platform, choose the broker that provides alternative platforms. The same goes for trading instruments; if you want to try delving into different markets, seek for a broker with more options on trading instruments.
Looking for more references? Here are other comparisons related to FXCM and FP Markets:
- Compare FXCM vs Array
- Compare FXCM vs Array
- Compare FXCM vs Array
- Compare FP Markets vs Array
- Compare FP Markets vs Array
- Compare FP Markets vs Array
For more comparisons, visit this page.