
8 minute read
Exness vs FP Markets: Which Broker Is Better?
from Exness
by Exness Blog
Choosing the right forex and CFD broker can make or break your trading experience. If you're torn between Exness vs FP Markets, you’re not alone. Both are heavyweights in the trading world, but which one suits your needs best? In this article, I’ll break down their key features—regulation, fees, platforms, account types, and more—to help you decide. Let’s dive in and compare Exness vs FP Markets to find the better broker for you in 2025.

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Why This Comparison Matters
The forex market is massive, with over $6 trillion traded daily. Your broker is your gateway to this market, so picking one that aligns with your trading style, budget, and goals is crucial. Exness and FP Markets are both reputable, regulated brokers, but they cater to slightly different audiences. Exness is known for ultra-low spreads and high leverage, while FP Markets shines with its vast instrument range and beginner-friendly tools. Let’s explore the details.
Regulation: Who’s Got Your Back?
Trust is non-negotiable when your money’s on the line. Both brokers are well-regulated, but their licenses differ slightly.
Exness: Established in 2008 and headquartered in Cyprus, Exness operates under multiple regulators, including Tier-1 authorities like the Financial Conduct Authority (FCA) in the UK and the Cyprus Securities and Exchange Commission (CySEC). It’s also regulated by the Financial Services Authority (FSA) in Seychelles and the Financial Sector Conduct Authority (FSCA) in South Africa, among others.
Exness segregates client funds and offers negative balance protection, ensuring your money is safe. However, its Tier-1 licenses don’t accept retail clients in some regions, which might limit access for some traders.
FP Markets: Founded in 2005 in Australia, FP Markets is regulated by the Australian Securities and Investments Commission (ASIC), a Tier-1 regulator known for strict standards. It also holds licenses from CySEC, FSCA, and the FSA in Seychelles.
Like Exness, FP Markets segregates client funds and provides negative balance protection. Its ASIC regulation gives it a slight edge for traders who prioritize top-tier oversight.
Verdict: Both brokers are trustworthy, but FP Markets’ ASIC regulation might appeal more if you value rigorous oversight. Exness, with its broader global reach, is better for traders in diverse regions.
Trading Platforms: Flexibility and Features
Your trading platform is your toolbox. Both brokers offer industry-standard platforms, but their offerings vary.
Exness: Exness supports MetaTrader 4 (MT4) and MetaTrader 5 (MT5), the go-to platforms for most traders. It also offers its proprietary Exness Terminal (web-based) and Exness Trade App for mobile trading. These platforms are user-friendly, with advanced charting, automated trading via Expert Advisors (EAs), and low-latency execution. Exness is particularly praised for its fast execution speeds, with 98% of pending orders executed slippage-free.
FP Markets: FP Markets goes a step further, offering MT4, MT5, cTrader, TradingView, and Iress (for equity traders in select regions). This variety makes FP Markets a standout for traders who want options. cTrader is a favorite for its sleek interface and advanced order types, while Iress caters to stock traders. FP Markets also provides VPS hosting for algorithmic traders and supports copy trading via platforms like Myfxbook Autotrade.
Verdict: FP Markets wins for platform variety, especially if you’re into cTrader or Iress. Exness is solid for MT4/MT5 users and those who prefer a streamlined, proprietary app experience.
Fees and Spreads: Where’s the Value?
Trading costs can eat into your profits, so let’s compare spreads, commissions, and other fees.
Exness: Exness is a low-cost leader, especially for forex and crypto traders. Its spreads start as low as 0.0 pips on Raw Spread and Zero accounts, with commissions ranging from $0.4 to $3.5 per lot per side. Standard accounts have slightly higher spreads (from 0.3 pips) but no commissions.
Exness doesn’t charge deposit, withdrawal, or inactivity fees, which is a big plus. Its variable spread model adjusts dynamically to market conditions, offering flexibility for cost-conscious traders.
FP Markets: FP Markets is also competitive, with spreads starting at 0.0 pips on its Raw account and a commission of $6 per standard lot. Standard accounts have spreads from 1.0 pip with no commissions. Like Exness, FP Markets doesn’t charge inactivity or deposit/withdrawal fees, but third-party payment processor fees may apply. Its ECN pricing ensures tight spreads, especially for major forex pairs like EUR/USD.
Verdict: Exness has a slight edge for lower commissions on professional accounts, making it ideal for high-volume traders. FP Markets is better for those seeking commission-free trading with competitive standard account spreads.
Account Types: Options for Every Trader
Your trading style dictates the account type you need. Both brokers offer diverse accounts to suit beginners and pros alike.
Exness: Exness provides five account types:
Standard and Standard Cent: Commission-free, ideal for beginners, with spreads from 0.3 pips.
Pro: Offers instant and market execution with spreads from 0.1 pips, suited for experienced traders.
Raw Spread: Ultra-low spreads (from 0.0 pips) with a fixed commission.
Zero: Near-zero spreads on major instruments with a commission of $0.4 per lot per side.
Exness also offers unlimited leverage (up to 1:2000) for qualified traders and swap-free options for all accounts, making it attractive for scalpers and high-leverage traders.
FP Markets: FP Markets offers two main account types:
Standard: Commission-free with spreads from 1.0 pip, great for beginners.
Raw: ECN pricing with spreads from 0.0 pips and a $6 commission per lot, designed for pros.
FP Markets’ maximum leverage is 1:500, which is lower than Exness but still sufficient for most traders. It also supports Islamic (swap-free) accounts and MAM/PAMM for account managers.
Verdict: Exness offers more account variety and higher leverage, making it better for scalpers and high-risk traders. FP Markets is simpler, with two straightforward accounts that work well for most traders.

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Trading Instruments: Diversity or Specialization?
The range of assets you can trade impacts your ability to diversify.
Exness: Exness focuses on quality over quantity, offering over 230 instruments, including:
100+ forex pairs (majors, minors, exotics)
Cryptocurrencies (e.g., BTC, ETH)
Commodities (gold, silver, oil)
Indices, stocks, and metals.
Its crypto and forex offerings are particularly strong, with tight spreads on assets like BTCUSD and XAUUSD.
FP Markets: FP Markets boasts over 10,000 instruments, including:
Forex (70+ pairs)
Stocks, indices, ETFs, bonds
Commodities, metals, and cryptocurrencies.
The Iress platform gives FP Markets an edge for equity CFD trading, though availability depends on your region.
Verdict: FP Markets is the clear winner for instrument diversity, especially for stock and ETF traders. Exness is better for forex and crypto-focused traders.
Minimum Deposits and Funding Options
Accessibility matters, especially for beginners.
Exness: Exness has a low entry barrier, with a $1 minimum deposit for Standard accounts (though Raw Spread and Zero accounts require $200). It supports a wide range of payment methods, including bank cards, e-wallets (Skrill, Neteller), and cryptocurrencies, with no deposit or withdrawal fees.
FP Markets: FP Markets requires a $100 minimum deposit for both account types, which is affordable but higher than Exness. It offers more payment processors, including PayPal, Klarna, and Rapid Transfer, making it highly flexible. Like Exness, it doesn’t charge deposit/withdrawal fees, but third-party fees may apply.
Verdict: Exness is more accessible for beginners with its $1 minimum deposit. FP Markets offers more payment options, which is great for flexibility.
Customer Support and Education
Good support and learning resources can elevate your trading game.
Exness: Exness provides 24/7 customer support via phone, live chat, and email in 14 languages. Its educational content is solid but not as extensive as some competitors, focusing on platform guides and basic trading tips.
FP Markets: FP Markets also offers 24/7 support and excels in educational resources, especially for beginners. It provides webinars, trading guides, and tools like Trading Central, making it a great choice for new traders.
Verdict: FP Markets takes the lead for educational content, while both brokers offer excellent support.
Who Should Choose Exness?
Exness is ideal if you:
Want ultra-low spreads and commissions (especially for forex and crypto).
Need high leverage (up to 1:2000).
Prefer a low minimum deposit ($1).
Focus on MT4/MT5 or proprietary platforms.
Trade high volumes or use scalping strategies.
Who Should Choose FP Markets?
FP Markets is better if you:
Want access to 10,000+ instruments, including stocks and ETFs.
Prefer platform variety (cTrader, Iress, TradingView).
Value ASIC regulation for stricter oversight.
Need robust educational resources as a beginner.
Use copy trading or advanced trading tools.
Final Thoughts: Which Broker Wins?
There’s no one-size-fits-all answer. Exness shines for forex and crypto traders who prioritize low costs, high leverage, and a simple platform experience. Its $1 minimum deposit and tight spreads make it accessible and cost-effective.
FP Markets, on the other hand, is perfect for traders seeking diversity, advanced platforms, and beginner-friendly tools. Its ASIC regulation and extensive instrument range appeal to those who want flexibility and robust oversight.
Your choice depends on your trading goals. If you’re a scalper or forex-focused trader, Exness might be your best bet. If you’re a beginner or want to trade multiple asset classes, FP Markets could be the way to go. Test both with demo accounts to see which feels right for you.
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