FP Markets
Best raw-pricing candidate ★ ★ ★ ★ ★★4.7
Partner link pending; good next review candidate
FP Markets vs XM
A side-by-side look at FP Markets and XM — score, fees, platforms and who each one actually fits best.
Quick verdict
FP Markets scores higher overall (4.7 vs 4.6), 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 XM is built more around beginners, global traffic, broad account accessibility.
Regulation: FP Markets — ASIC, CySEC, FSCA, Seychelles and other group entities. XM — Multiple global entities; verify local entity.
Minimum deposit: FP Markets — Often from $100, depending on account/entity. XM — Often low minimum deposit, depends on region.
Side by side
FP MarketsXM
Best forECN-style trading, MT4/MT5 users, cost-focused tradersBeginners, global traffic, broad account accessibility
PlatformsMT4, MT5, cTrader, TradingView, Iress in some regionsMT4, MT5, mobile/web tools
RegulationASIC, CySEC, FSCA, Seychelles and other group entitiesMultiple global entities; verify local entity
Minimum depositOften from $100, depending on account/entityOften low minimum deposit, depends on region
FP Markets strengths
- Strong partner program
- Raw pricing angle
- Broad CFD range
XM strengths
- Large global brand
- Very active partner program
- Beginner-friendly positioning
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 XM if you're mainly after beginners, global traffic, broad account accessibility. It stands out for large global brand and very active partner program.
Common questions
FP Markets vs XM FAQ
Is FP Markets better than XM?
FP Markets scores higher in our rating (4.7 vs 4.6), but XM may still be the better fit if you specifically need beginners, global traffic, broad account accessibility.
What's the difference in regulation between FP Markets and XM?
FP Markets: ASIC, CySEC, FSCA, Seychelles and other group entities. XM: Multiple global entities; verify local entity.