FP Markets
Best raw-pricing candidate ★ ★ ★ ★ ★★4.6
Partner link pending; good next review candidate
FP Markets vs Interactive Brokers
A side-by-side look at FP Markets and Interactive Brokers — score, fees, platforms and who each one actually fits best.
Interactive Brokers
Institutional-grade, lowest cost ★ ★ ★ ★ ★ 4.1
Publicly traded (NASDAQ: IBKR), commission-based pricing instead of spread markup. Affiliate program leans institutional — likely needs direct outreach rather than a self-serve signup.
Quick verdict
FP Markets scores higher overall (4.6 vs 4.1), but a higher score doesn't automatically mean it's the right pick for you.
FP Markets is the stronger fit for eCN-style trading, MT4/MT5 users, cost-focused traders, while Interactive Brokers is built more around serious traders wanting global market access and low commissions.
Regulation: FP Markets — ASIC (286354), CySEC (371/18), FSCA (50926) - operating since 2005, 60+ industry awards. Interactive Brokers — SEC/FINRA (US), FCA (UK) and more.
Minimum deposit: FP Markets — Often from $100, depending on account/entity. Interactive Brokers — No minimum.
Side by side
FP MarketsInteractive Brokers
Best forECN-style trading, MT4/MT5 users, cost-focused tradersSerious traders wanting global market access and low commissions
PlatformsMT4, MT5, cTrader, TradingView, Iress in some regionsTrader Workstation, IBKR Mobile
RegulationASIC (286354), CySEC (371/18), FSCA (50926) - operating since 2005, 60+ industry awardsSEC/FINRA (US), FCA (UK) and more
Minimum depositOften from $100, depending on account/entityNo minimum
FP Markets strengths
- Strong partner program
- Raw pricing angle
- Broad CFD range
Interactive Brokers strengths
- Publicly traded broker
- Very low commissions
- Huge global market access
Which one should you pick?
Pick FP Markets if you're mainly after eCN-style trading, MT4/MT5 users, cost-focused traders. It stands out for strong partner program and raw pricing angle.
Pick Interactive Brokers if you're mainly after serious traders wanting global market access and low commissions. It stands out for publicly traded broker and very low commissions.
Common questions
FP Markets vs Interactive Brokers FAQ
Is FP Markets better than Interactive Brokers?
FP Markets scores higher in our rating (4.6 vs 4.1), but Interactive Brokers may still be the better fit if you specifically need serious traders wanting global market access and low commissions.
What's the difference in regulation between FP Markets and Interactive Brokers?
FP Markets: ASIC (286354), CySEC (371/18), FSCA (50926) - operating since 2005, 60+ industry awards. Interactive Brokers: SEC/FINRA (US), FCA (UK) and more.