FP Markets vs XM, 2026 Update
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FP Markets Rating
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XM Rating
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Losses can exceed deposits |
77.29% of retail investor accounts lose money when trading CFDs with this provider. |
FP Markets vs XM Guide |
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Read our In-Depth FP Markets vs XM Review - Updated for 2026
Our FP Markets vs XM review has been refreshed for 2026 by industry experts boasting extensive expertise across CFDs, Social Trading, & Forex.
Please note that due to regulations for each broker, the content in this comparison of FP Markets vs XM does not apply to all countries as follows:
FP Markets Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
XM Excluded Countries
Canada, Israel, and United States of America.
Compare FP Markets vs XM
All platforms for online trading will have a few pros and cons, and any comprehensive FP Markets and XM review cannnot be regarded as thorough without adopting a fair assessment.
Assess FP Markets and XM in order to understand just how they line up to one another prior to you decide to create an account. A side-by-side comparison will place factors into perspective in order that you're aware of what you should anticipate.
So you are looking for a broker and are choosing between FP Markets or XM. Which one is best in 2026?
This FP Markets vs XM comparison contains the most recent information so you can easily compare XM against FP Markets.
If you're a new entrant in the realm of trading and brokers, so many facts will be perplexing for you. Getting into the world of trading requires expert analyzing skills and thorough knowledge. You'll get proficient at all of the concepts of broker since you keep trading. For starters, you need to select the ideal agent who will be clear with you always.
Within this fast-paced universe of stock markets and trading, you will need guidance to make proper decisions. A professionally direct investment program has the potential to create hefty returns. FP Markets and XM are just two such platforms that will take you and your investment into great heights. It is important that you compare FP Markets vs XM before you trust them with your money.
Our FP Markets vs XM comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust FP Markets and XM side by side.
Our full FP Markets vs XM Review covers all you will need to know about trading with either FP Markets or XM. A fantastic agent can multiply your first investments and give you positive profits. If you want to make profits, you must trade with a brokerage service that contrasts with your investing goals.
There's absolutely no sure-fire method to ensure profits; therefore, you must carefully assess your broker before you select them. It is a common misconception that all brokers will be the same, but that is not correct. Wrong judgment, in the beginning, can put your investments in danger.
FP Markets and XM are both brokers that have found their way successfully into the broker world. Within this review, we have tried to collate a number of the important aspects of both FP Markets and XM. This review will allow you to know whether either XM or FP Markets is a fantastic match for your own investments or not. We have attempted to breakdown all the features and charges for your convenience.
Benefits of FP Markets and XM Compared
FP Markets offers a minimum deposit of $100 while XM has a $5 minimum deposit.
Why smaller minimum deposits are good and how FP Markets and XM compare
The main reason is that you should only deposit what you can afford. If you you have a lower budget, the broker that offers the lowest deposit option will be more attractive. The other reason is because when speculating on riskier but potentially more rewarding financial instruments you should look to speculate with only a small percentage of your allocated trading funds. Don't let a higher minimum deposit totally put you off a broker, look at the overall trading features you are getting from the trading platform. Often a high minimum deposit gives greater choice in the financial assets and trading platform research features.
FP Markets has around 100 financial instruments while XM allows you to trade around 100 available.
The more financial instruments you can trade on the FP Markets and XM trading platforms the better. It is good to have a diverse portfolio and the options available to a user will always vary. Trading is all about grasping potential opportunities and you never want to miss out on a trading opportunity due to the limitations of FP Markets or XM.
FP Markets and XM Contact Details
Being able to contact a broker through many ways is important. FP Markets and XM have the following contact details and social medias that you can use.
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| Broker | FP Markets | XM |
| Telephone Number | +44 28 2544 7780 | +357 250 29933 |
| supportteam@fpmarkets.com | support@xm.com | |
| Address | First Floor, First St. Vincent Bank Ltd Building, James Street, Kingstown, St. Vincent and the Grenadines | 12 Richard & Verengaria Street, Araouzos Castle Court, 3rd Floor, 3042 Limassol, Cyprus |
| FP Markets Twitter Account | XM Twitter Account | |
| FP Markets Facebook Page | XM Facebook Page | |
| FP Markets Instagram Account | XM Instagram Account | |
| FP Markets LinkedIn Page | XM LinkedIn Page | |
| YouTube | FP Markets YouTube Channel | XM YouTube Channel |
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XM and FP Markets Mobile App Comparison
It is becoming increasingly important for brokers to offer simple-to-use apps that provide the same services as desktop platforms.
This part of comparing FP Markets and XM will examine whether their mobile app meets all our requirements.
We rate overall the user-friendliness of both apps as better than average.
It is important that any trading app has user friendly capabilities especially with the
Search Functions
Although most brokers do OK in this area, there are some bad apples out there. If you type 'Emerging markets' into the search box, the software will find all Emerging market ETFs, even if the name doesn't begin with 'emerging'. If you have only traded US stocks, and you start typing 'Apple', will the software show you either the obscure Irish stock Applegreen or the Apple stock?
FP Markets vs XM - Awards
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| Broker | FP Markets | XM |
| Awards |
FP Markets have won a lot of industry awards over the years they have been running as an online trading platform. We show the most notable awards for FP Markets here.
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XM have won a lot of industry awards over the years they have been running as an online trading platform. We detail the most recognised awards for XM here.
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FP Markets vs XM - Frequently Asked Questions
FP Markets vs XM - Headquarters And Year Of Founding
FP Markets was founded in 2005 and has its head office in Australia.
XM was founded in 2009 and has its headquaters in Cyprus.
What is the minimum deposit for XM or FP Markets
The minimum deposit for FP Markets is $100.
The minimum deposit for XM is $5.
Depending on your current situation, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both FP Markets and XM are a good choice.
FP Markets vs XM - Regulation And Licencing In More Detail
FP Markets is regulated by Australian Securities and Investment Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC).
XM is regulated by International Financial Services Commission(IFSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investment Commission (ASIC).
Both FP Markets and XM have a strong set of rules for ensuring honest trading onto their platforms. For information encryption functions, they provide industry-standard secure socket layers (SSL).
In accordance with their individual privacy regulations, customer data is never to be shared with any other institutions or individuals. This includes credit history and other financial information.
Compare FP Markets vs XM Commission And Fees
FP Markets and XM are online broker platforms, and most online brokerages charge lower prices than traditional brokerages tend to bill. The cause of this is that the companies of online trading platforms are scaled much better. That is, an online broker isn't necessarily affected by the number of clients they have.
However, this does not necessarily mean that online brokers don't charge any fees. They charge prices of varying rates for various services to earn money. There are primarily three types of penalties for this objective.
The first kind of charges to keep an eye out for are trading charges. When you make an actual trade, like buying a stock or an ETF, you're billed trading fees. In these cases, you're spending a spread, funding speed, or even a commission. The sorts of trading charges and the rates vary from broker to broker.
Commissions could be fixed or dependent on the traded volume. On the flip side, a spread refers to the difference between the buying and selling cost. Funding or overnight prices are those that are charged when you maintain a leveraged position for longer than a day.
Aside from trading charges, online agents also charge non-trading fees. These are dependent on the activities you undertake on your accounts. They're billed for surgeries like depositing money, not investing for lengthy periods, or withdrawals.
Generally, neither FP Markets or XM charge high fees in comparison to other online agents. For operations other agents charge for, they do not charge a broker fee, or they charge a lesser amount. This can be beneficial for people who regularly trade, such as weekly or daily trading.
But, non-trading fees billed by FP Markets and XM are relatively lower. As a result, you are billed more for non-trading activities in your trading account, like deposits and withdrawal. These are not related to the sale and purchase of resources.
This FP Markets vs XM review for 2026 breaks down every one of the relevant non-trading charges for you in detail.
Compare Broker Fees For FP Markets And XM
What Languages Do FP Markets And XM Support?
Being able to communicate completely with your online broker is a key part of comparing brokers to find the best broker. Not only for support but to be sure you completely understand everything on their site and inside their app as it is a key factor to success when trading forex.
Below you will find all the languages that both FP Markets and XM offer communication in.
How Many Clients Do FP Markets and XM Have?
Both FP Markets and XM are well known and trusted. It is really important to work with a broker that is reputable and one of the easiest ways of understanding this is by knowing how many clients they already work with.
Below you will find details of how many users FP Markets and XM are active on their platform
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| Broker | FP Markets | XM |
| Clients / Users | 10,000+ | 3,500,000+ |
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What Payment Methods Do FP Markets and XM Accept?
FP Markets and XM both offer a wide range of payment options which is vital when you have a global customer base.
Below you will find details of all the payment options available at FP Markets and XM
What Can You Trade With FP Markets and XM?
FP Markets offers 100 trading instruments whilst XM offers 100.
Below you will find a full breakdown of what both FP Markets and XM offer.
FP Markets Review
FP Markets vs XM:
Table Of Contents
- Compare FP Markets vs XM
- Benefits of FP Markets and XM Compared
- XM and FP Markets Mobile App Comparison
- FP Markets vs XM - Awards
- FP Markets vs XM - Frequently Asked Questions
- What is the minimum deposit for XM or FP Markets
- FP Markets vs XM - Regulation And Licencing In More Detail
- Compare Broker Fees For FP Markets And XM
- What Languages Do FP Markets And XM Support?
- How Many Clients Do FP Markets and XM Have?
- What Payment Methods Do FP Markets and XM Accept?
- What Can You Trade With FP Markets and XM?

