FP Markets vs Spreadex : Fees, Safety & Trading Conditions Compared (2026)

Broker Name

FP Markets

Spreadex

Broker Overview

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

ECN broker

STP

Years of Existence / Established Year

2005

1999

Customer Base / Number of Accounts

No information

60,000+ traders

Regulation & Security

Regulations (governing bodies)

ASIC, CySEC, FSCA, FSA, SVG

FCA

Awards Won (count for the last 2 years)

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.

Best Spread Betting Broker - by Good Money Guide Awards 2024 Best Mobile Trading App 2024 - ADVFN International Financial Awards

Security Measures

FSCS

SSL Encryption / 2FA

Yes

Segregated Funds

Yes

Negative Balance Protection

Yes

Trading Instruments/Products Offered

Assets Types / Trading Instruments (total count and breakdown)

10,000+ trading instruments

10,000 trading assets

Currency Pairs

Yes

Commodities

Yes

Indices

Yes

Cryptocurrencies

Yes

CFDs

Yes

ETFs

Yes

Stocks

Yes

Options

Futures

Bonds

Yes

Mutual Funds

Fractional Shares

Exchange Traded Notes (ETNs)

Precious Metals

Yes

Real Estate Investment Trusts (REITs)

Equities

Yes

Trading Platforms & Technology

Trading Platform Availability

Yes

MT4

Yes

MT5

Yes

cTrader

Yes

Social Trading

Yes

Copy Trading

Yes

Other Trading Platforms (proprietary, etc.)

Spreadex TradingView

Platform Compatibility (Windows, Mac, iOS, Android)

Yes

Account Types & Conditions

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

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

Spread betting Financial trading

Demo Account (Yes/No)

Yes

Islamic Accounts (Yes/No)

Yes

Minimum Deposit

$100

€0

Leverage Available

500:1

30:1

Trade Limit (maximum per trade)

Depends on the asset type

Varies by instrument

Commission (per account type)

€2.50 per lot

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

Beginners to experienced traders

Only experienced

Deposit & Withdrawal Options

Deposit Methods

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

Easy Bank transfer UK Debit cards Credit card E-wallets

Withdrawal Methods

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

Bank Transfer Credit / Debit Cards

Other E-Wallets Supported

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

Apple Pay

Tools & Educational Resources

Economic Calendar

Yes

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

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

Customisable platform 35+ technical indicators Price alerts

Fees & Commissions

Trading-Related Fees

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

Spread starts from 0.6 pips

Spread (typical, fixed, variable)

Typical

Variable

Per Lot Fees

Options Contract Fees

Futures Contract Fees

Markup Fees on Spread

Guaranteed Stop Loss Fees

Maximum Leverage

500:1

30:1

Non-Trading Fees

Dormant Fees

1 per month

Subscription Fees (for premium features, data feeds)

€0

Advisory Fees

$70

€0

Swap Fees (Overnight Financing)

Long- $5.79, short- $2.59

Yes

Statement or Document Fee

€0

Account Opening Fee

€0

Account Maintenance Fee

€0

Deposit Fee

€0

Currency Conversion Fee

Starts from 0.06 to 0.30 %

Info not available

Withdrawal Fee

Upto $50

€0

Bonuses, Promotions & Benefits

Bonuses, Promotions, and Referrals

Yes

Customer Benefits (e.g., Retirement Plan)

Trading Hours

Trading Hours (for each asset class if applicable)

Depends on the instrument offer

Monday: 24 hours Tuesday: 24 hours Wednesday: 24 hours Thursday: 24 hours Friday: 00:00 to 21.15 Saturday: Closed Sunday: 21:00 to 00:00Out of Hours trading: US stock market between 2:30pm to 9pm

Customer Support

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

24/7

7 days a week 8:00am to 5:30pm

Customer Support Methods (phone, email, live chat)

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

Financial Desk: 08000 526 570 +44 (0) 727 895 151General Enquiries: +44 (0) 727 895 000E mail: [email protected]

Support Languages

12+

Additional Information

Headquarters Location

Sydney,Australia

Churchill House, Upper, Marlborough Road, St Albans, Hertfordshire, AL1 3UU

Complaints (for crypto brokers)

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.

Both FP Markets and Spreadex offer affordable fee structures, but FP Markets generally edges out with no inactivity fees and lower commissions on standard trades, whereas Spreadex shines with bundled research and platform access.

FP Markets makes starting out easy with a simple application, especially for retail clients. Spreadex platform, while requiring more effort to join, allows experienced traders to customize their accounts from the start.

If you're trading on-the-go, FP Markets mobile platform is fluid and intuitive. Spreadex desktop and web apps are more robust, making them suitable for in-depth trading sessions.

FP Markets strength lies in high-performance trading, while Spreadex provides a more accessible route for everyday investors.

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