FP Markets versus FXPro

The out-of-the-box MT4/MT5 platforms get a twelve-plugin upgrade plus Autochartist, which creates a competitive trading environment. The geographically restricted Iress platform is also available at FP Markets, which supports account managers via the MAM/PAMM module. Social traders can use the proprietary social trading platform, copy traders get Myfxbook Autotrade, and algorithmic traders benefit from fast order execution, deep liquidity, and high leverage. .

FXPro upgrades MT4/MT5 with the Trading Central plugin, available alongside cTrader and a proprietary trading platform. The NDD order execution at FXPro, deep liquidity, fast order execution, and high leverage combine for a competitive trading environment, ideal for scalpers and algorithmic traders.

We have conducted an in-depth review of FP Markets and FXPro to determine which presents the better overall choice and which traders will benefit the most at either broker.

Features and Platforms

Features & PlatformsFXPro (visit site)FP Markets (visit site)
Headquarter:UKAustralia
Established :
20062005
Retail Loss Rate:
84.67%75.31%
Regulation:
Minimum Deposit:
$100$100
Demo Account:
Managed Account:
Islamic Account:
Inactivity Fee
$15 one-off and $10 monthly after 12 monthsNo
Deposit Fee:
Third-PartyThird-Party
Withdrawal Fee
Third-PartyThird-Party
Funding Methods:
621
MT4:
MT5:
cTrader:
Proprietary Platform:
Automated Trading:
Social / Copy Trading:
MT4/MT5 Add-ons:
Guaranteed Stop Loss:
Negative Balance Protection:
Bonuses and Promotions:
Unique Feature One:
Deep liquidityVPS Hosting
Unique Feature Two:
Fast order executionMT4/MT5 plugins + Autochartist
Broker Offers:

Noteworthy:

Both brokers offer quality research, education, and VPS hosting. FXPro maintains a high-payout partnership program for passive income generation, twelve liquidity providers, and ultra-low latency data center co-location.

Available Markets

Available MarketsFXProFP Markets
Currency Pairs:
Cryptocurrency Pairs:
Commodities and Metals:
Indices:
Equities:
Bonds:
ETFs:
Options, Futures, and Synthetics:
Maximum Retail Leverage:
1:2001:500
Maximum Pro Leverage:
1:2001:500

FP Markets maintains 1,000+ trading instruments for MT5, but just over 100 for MT4, while Iress features 10,000. FXPro offers all traders 2,100+ CFDs, and both brokers feature 60+ currency pairs for Forex traders. FP Markets and FXPro ensure traders have sufficient cross-asset diversification opportunities, but FXPro covers the cryptocurrency sector better.

Typical Spreads and Fees

Typical Spreads & FeesFXProFP Markets
Minimum Raw Spreads:
0.0 pips (cTrader-only)0.0 pips
Minimum Standard Spreads:
0.5 pips1.0 pips
Minimum Commission for Forex:
$4.50 per lot (cTrader-only)$6.00 per round lot
Commission for Equities:
Commission-free0.10% with $10 minimum
Rebates:
NoNo
Execution Type:
NDDNo Dealing Desk (NDD)

Trading costs at FP Markets and FXPro are both highly competitive,. with the latter deploying an industry-leading cost structure. Minimum commission-free fees at FP Markets are $10.00 versus $5.00 at FXPro, while commission-based costs are $6.00 versus $4.50, plus commission-free equity trading at FXPro.

Security and Trust

FP Markets

Country of the RegulatorName of the RegulatorLicense Number
Australia
Australian Securities & Investments Commission286354
St. Vincent and the Grenadines
Financial Services AuthorityUnregulated
Cyprus
Cyprus Securities and Exchange Commission371/18

FXPro

Country of the RegulatorName of the RegulatorLicense Number
UK
Financial Conduct Authority509956
Cyprus
Cyprus Securities Exchange Commission078/07
South Africa
Financial Sector Conduct Authority45052
Bahamas
Securities Commission of the BahamasSIA-F184

FP Markets and FXPro both offer negative balance protection and segregate client deposits from corporate funds. Both brokers have a clean record and equally secure trading environments. The UK and Cyprus subsidiaries have an investor compensation fund, and FXPro has €100.000.000 in Tier 1 corporate capital. FP Markets caters to most international traders from its unregulated but duly registered St. Vincent and the Grenadines subsidiary.

FP Markets vs FXPro – Verdict

FP Markets

ProsCons
Choice of trading platforms and auxiliarytrading tools Availability of Iress geographically restricted
Very competitive cost structure and excellent asset selection
Low minimum deposit requirement and leverage of up to 1:500
Well-regulated and trustworthy

FXPro

ProsCons
Choice of four trading platforms plus services by Trading Central for MT4/MT5 No cryptocurrencies
Deep liquidity, fast order execution, and high leverage
Algorithmic and social trading support plus VPS hosting
A competitive commission-based cost structure for cTrader/ ++

FXPro provides traders with a competitive environment and low costs that rank among the lowest industry wide. Both offer fast order execution, deep liquidity, and high leverage, while beginners get quality research and education at FP Markets and FXPro. FP Markets takes the overall lead due to its upgraded MT4/MT5 platforms and broader support for social and copy traders.

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