XM vs FP Markets, Updated for 2025

Compare XM vs FP Markets

Each trading platforms has a few advantages and disadvantages, so any comprehensive XM and FP Markets review cannnot be complete without having a fair assessment.

Assess FP Markets and XM in order to understand how these platforms compare with each before you open an account. Performing a comparative analysis can put things into perspective to ensure that you are informed about the expectations.

So you are looking for a reputable broker and are choosing between XM or FP Markets. Which one is best in 2025?

Our XM vs FP Markets comparison contains the most recent information so you can easily compare FP Markets against XM.

If you're a new entrant in the realm of trading and brokerages, so many details will be confusing for you. Getting into the area of trading demands expert analyzing skills and comprehensive knowledge. You'll get proficient at all the concepts of broker as you continue trading. For starters, you have to select the ideal agent who'll be transparent with you constantly.

Within this fast-paced universe of stock markets and trading, you'll need guidance to make proper decisions. A professionally lead investment program has the potential to create hefty returns. XM and FP Markets are two such trading platforms which will take you and your investment to great heights. It is crucial to compare XM vs FP Markets before you trust them with your money.

Our XM vs FP Markets comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust XM and FP Markets side by side.

Our entire XM vs FP Markets Review covers all you will need to know about trading with either XM or FP Markets. A fantastic agent can multiply your first investments and give you positive profits. If you want to earn profits, you must trade with a broker service that contrasts with your investing objectives.

There's absolutely no sure-fire way to guarantee profits; therefore, you must carefully analyze your broker before you select them. It's a frequent misconception that all agents are the same, but that's not correct. Wrong judgment, in the beginning, can put your investments at risk.

XM and FP Markets are both brokers which have found their way successfully into the broker world. In this review, we have attempted to collate a number of the important aspects of both XM and FP Markets. This review can help you to understand whether either FP Markets or XM is a fantastic fit for your own investments or not. We have attempted to breakdown all of the features and charges for your convenience.

Benefits of XM and FP Markets Compared

XM has a minimum deposit of $5 while FP Markets has a $100 minimum deposit.

Why smaller minimum deposits are good and how XM and FP Markets 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.

XM allows you to trade around 100 financial instruments whilst FP Markets has around 100 financial instruments on their platform.

The more financial instruments you can trade on the XM and FP Markets 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 should never want to miss out on a trading opportunity due to the limitations of XM or FP Markets.

XM and FP Markets Contact Details

Being able to contact your broker simply is important. XM and FP Markets have the following contact details and social medias that you can use.

FP Markets and XM Mobile App Comparison

As more and more traders and investors use their smartphones for trading, it is increasingly important that brokers offer easy-to-use apps that can deliver the same services as desktop platforms.

This part of comparing XM and FP Markets 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 crucial that trading apps have user-friendly capabilities, especially for those who use it with their smartphones.

Search Functions

While most brokers are good at this, there are some poor ones. 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?

XM vs FP Markets - Awards

XM vs FP Markets - Frequently Asked Questions

XM vs FP Markets - Headquarters And Year Of Founding

XM was founded in 2009 and has its head office in Cyprus.

FP Markets was founded in 2005 and has its head office in Australia.

What is the minimum deposit for FP Markets or XM

The minimum deposit for XM is $5.

The minimum deposit for FP Markets is $100.

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 XM and FP Markets are a good choice.

XM vs FP Markets - Regulation And Licencing In More Detail

XM is regulated by International Financial Services Commission(IFSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investment Commission (ASIC).

FP Markets is regulated by Australian Securities and Investment Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC).

Both XM and FP Markets have a powerful set of rules for ensuring honest trading on their platforms. For data encryption purposes, they supply industry-standard secure socket layers (SSL).

As per their privacy regulations, customer data is to not be shared with any other institutions or individuals. This includes credit history and other financial details.

Compare XM vs FP Markets Commission And Fees

XM and FP Markets are online broker platforms, and many online brokerages charge lower prices than traditional brokerages tend to charge. The cause of this is that the businesses of online brokerages are scaled much better. In other words, an online broker is not necessarily influenced by the number of customers they have.

However, this does not 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 sort of fees to look out for are trading charges. When you make a genuine trade, like buying a stock or an ETF, you're billed trading fees. In these instances, you're paying a spread, funding rate, or a commission. The sorts of trading charges and the prices differ from broker to broker.

Commissions could be fixed or dependent on the traded volume. On the other hand, a spread refers to the difference between the buying and selling price. Funding or overnight prices are people that are billed when you hold a leveraged position for longer than a day.

Aside from trading fees, online agents also charge non-trading fees. These are dependent on the actions you undertake in your accounts. They're billed for surgeries like depositing money, not investing for lengthy periods, or withdrawals.

Generally, neither XM or FP Markets charge high fees compared to other online brokers. For operations other agents charge for, they either do not charge a broker fee, or they charge a smaller sum. This is beneficial for those who often trade, for example weekly or daily trading.

However, non-trading fees billed by XM and FP Markets are relatively higher. Consequently, you are charged more for non-trading actions on your trading account, like deposits and withdrawal. These are not related to the purchase and sale of resources.

This XM vs FP Markets review for 2025 breaks down each of the relevant non-trading charges for you in detail.

Compare Broker Fees For XM And FP Markets

What Languages Do XM And FP Markets Support?

Being able to talk completely with your trading broker is a key part of comparing online brokers to find the best broker. Not only for support but to be sure you completely understand everything on their site and inside their application as it is a key part of success when trading forex.

Here you can find the languages that both XM and FP Markets offer communication in.

How Many Clients Do XM and FP Markets Have?

Both XM and FP Markets are well established with their customer base. It is important to work with a broker you can trust and one of the easiest ways of establishing this is by knowing how many clients they already work with.

Below you will find details of how many users XM and FP Markets are active on their platform

What Payment Methods Do XM and FP Markets Accept?

XM and FP Markets 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 XM and FP Markets

What Can You Trade With XM and FP Markets?

XM offers 100 trading instruments while FP Markets offers 100.

Below you will find a full breakdown of what both XM and FP Markets offer.