TradingCritique

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Forex.com vs FP Markets : Fees, Safety & Trading Conditions Compared (2026)

Broker Name

Forex.com

Forex.com

VS
FP Markets

FP Markets

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Broker Overview

Broker Type (e.g., Market Maker, ECN/STP)

Market maker

ECN broker

Years of Existence / Established Year

2001

2005

Customer Base / Number of Accounts

454k + Customers

No information


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Regulation & Security

Regulations (governing bodies)

CIRO, FSA, MAS, CySEC, NFA, CFTC, CIMA, FCA, ASIC

ASIC, CySEC, FSCA, FSA, SVG

Awards Won (count for the last 2 years)

Best HNW Service, Best Broker for CFDs, Best in Class Overall Best in Class Mobile Trading Apps Best in Class Offering of Investments Best New Tool Performance Analytics

Best CFD Broker - Africa, Best Trading Experience - Africa, Most Trusted Broker in 2023, Best Price Execution in 2024, Most Transparent Broker and Best Trading Conditions in 2024.

Security Measures

FSCS

No

SSL Encryption / 2FA

Yes

Yes

Segregated Funds

Yes

Yes

Negative Balance Protection

No

Yes


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Trading Instruments/Products Offered

Assets Types / Trading Instruments (total count and breakdown)

5, 500+ Stocks

10,000+ trading instruments

Currency Pairs

Yes

Yes

Commodities

Yes

Yes

Indices

Yes

Yes

Cryptocurrencies

Yes

Yes

CFDs

Yes

Yes

ETFs

No

Yes

Stocks

Yes

No

Options

No

No

Futures

No

No

Bonds

No

Yes

Mutual Funds

No

No

Fractional Shares

No

No

Exchange Traded Notes (ETNs)

No

No

Precious Metals

Yes

Yes

Real Estate Investment Trusts (REITs)

No

No

Equities

No

No


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Trading Platforms & Technology

Trading Platform Availability

Yes

Yes

MT4

Yes

Yes

MT5

Yes

Yes

cTrader

No

Yes

Social Trading

Yes

Yes

Copy Trading

Yes

Yes

Other Trading Platforms (proprietary, etc.)

Forex.com Proprietary platform

No

Platform Compatibility (Windows, Mac, iOS, Android)

Yes

Yes


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Account Types & Conditions

Account Types (Retail, Pro, VIP, etc.)

Standard, Raw spread, MetaTrader account

Forex account - Standard and raw MT4-MT5 account, Islamic forex account - Raw account and standard MT4-MT5 account

Demo Account (Yes/No)

Yes

Yes

Islamic Accounts (Yes/No)

No

Yes

Minimum Deposit

$100

$100

Leverage Available

50:1

500:1

Trade Limit (maximum per trade)

No information

Depends on the asset type

Commission (per account type)

Raw account - $7 per 100k USD traded

$3

Best Suited For (e.g., beginners, experienced traders)

Beginners to experienced traders

Beginners to experienced traders


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Deposit & Withdrawal Options

Deposit Methods

Credit/ debit card, bank wire

Credit/ debit cards, Bank transfers, e-wallets, International bank transfers, Local bank transfers, Broker to broker

Withdrawal Methods

Credit/ debit card, bank wire

Credit/ debit cards, Bank transfers, e-wallets, International bank transfers, Local bank transfers, Broker to broker

Other E-Wallets Supported

Neteller, skrill

Skrill, Neteller, Asia bank, Stic Pay, Fasa pay, Virtual Pay, Rupee pay, Rapyd, Perfect Money, Crypto payment, Dragon Pya, Rapid transfer


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Tools & Educational Resources

Economic Calendar

Yes

Yes

Tools & Educational Resources (tutorials, webinars, market news, etc.)

Forex Trading University, Market Analysis and Insights, Webinars, Video Tutorials, Trading Guides and eBooks, Market News and Research

Trading courses, Live webinars, Podcasts, Trading guides, Platform tutorials, Ebooks, Trading glossary


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Fees & Commissions

Trading-Related Fees

Commission: Fixed $7 USD per $100k USD traded

Forex- 3.50, Metals -3.50, Commodities- built into spread, Indices- Built into spread

Spread (typical, fixed, variable)

Variable

Typical

Per Lot Fees

NA

$2

Options Contract Fees

NA

NA

Futures Contract Fees

NA

NA

Markup Fees on Spread

NA

NA

Guaranteed Stop Loss Fees

NA

NA

Maximum Leverage

50:1

500:1


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Non-Trading Fees

Dormant Fees

$15 inactive for 12 months

$0

Subscription Fees (for premium features, data feeds)

$5

$0

Advisory Fees

$30

$70

Swap Fees (Overnight Financing)

Yes

Long- $5.79, short- $2.59

Statement or Document Fee

NA

NA

Account Opening Fee

$0

$0

Account Maintenance Fee

NA

$0

Deposit Fee

$0

$0

Currency Conversion Fee

0.50%

Starts from 0.06 to 0.30 %

Withdrawal Fee

Free for bank transfers and debit cards, US: $25, International: $40, except over $10,000

Upto $50


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Bonuses, Promotions & Benefits

Bonuses, Promotions, and Referrals

Yes

Yes

Customer Benefits (e.g., Retirement Plan)

No

No


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Trading Hours

Trading Hours (for each asset class if applicable)

Depends on the instrument offer

Depends on the instrument offer


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Customer Support

Support Hours (e.g., 24/7, weekdays only)

24/5

24/7

Customer Support Methods (phone, email, live chat)

Live chat: https://www.forex.com/en/contact-forex-com, Phone New accounts: Tollfree: 1-877-367-3946, International: 1-908-731-0750 Existing customers: Tollfree: 1-877-367-3946,Email New accounts: [email protected] Existing customers & inquiries: [email protected] International: 1-908-731-0750

Phone: Toll-free: +44 28 2544 7780, E-mail: [email protected], Live chat

Support Languages

5

12+


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Additional Information

Headquarters Location

30 Independence Blvd Suite 300, 3rd Floor, Warren, New Jersey 07059, US.

Sydney,Australia

Complaints (for crypto brokers)

No

No


At TradingCritique, we don't just list brokers. We test, compare, and simplify your decision-making. Whether you're a beginner or a pro, our data-driven comparisons are built to match your trading style and region. Learn how we Evaluate a broker.
If minimizing trading costs is your top priority, Forex.com might be more attractive due to its lower commissions. Meanwhile, FP Markets justifies its moderate fees with more robust tools and professional-grade features.
Account approval at Forex.com is usually completed within hours, often with automated ID checks. FP Markets might take longer due to manual reviews, but provides in-depth onboarding support along the way.
Forex.com provides a modern trading experience with its proprietary or MT4/MT5 platform, ideal for technical traders. FP Markets, on the other hand, offers more research tools and is better suited for data-driven investors.
Forex.com is geared toward frequent trading and analytics, while FP Markets fits those who value simplicity and guided experiences.