FP Markets vs Markets.com (2026): regulation, platforms and costs compared

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Data refreshed 25 Aug 2026 · Compiled by David Ispiryan

FP Markets

Trust rank #23 · Editorial rating 9 / 10 · Founded 2005

FP Markets is a well-regarded forex broker providing access to currencies and CFDs on popular platforms, supported by research tools and education. It offers broad market coverage, platform choice, and multilingual customer…

Read the FP Markets review

Markets.com

Trust rank #18 · Founded 2008

Markets.com is a well‐regarded forex and CFD broker offering broad access to currency pairs and multi‐asset CFDs on intuitive web and mobile platforms. It provides built‐in research, education, and risk management tools…

Read the Markets.com review

FP Markets (Australia, founded 2005) holds 4 regulatory licences (ASIC, CMA, CySEC, FSCA), 1 of them tier-1, offers cTrader, MT4, MT5 and sits in our low-fee bracket. Markets.com (Cyprus, founded 2008) holds 5 regulatory licences (ASIC, BVI FSC, CySEC, FCA, FSCA), 2 of them tier-1, offers MT4, MT5, Proprietary and sits in our low-fee bracket. The two overlap in 171 countries; FP Markets is available in 54 countries where Markets.com is not, and Markets.com in 4 where FP Markets is not.

Verdict at a glance

  • FP Markets leads on track record and country coverage.
  • Markets.com leads on trust rank, regulatory coverage and tier-1 licences.
  • Level on platform choice, instrument range and fee level.

Scored on 8 measurable dimensions where both brokers have verified data. Dimensions missing for either side are excluded rather than guessed. This is a data summary, not a recommendation.

FP Markets vs Markets.com: side-by-side data

CriteriaFP MarketsMarkets.com
Editorial rating9 / 10Not verified
Trust rank#23#18
Founded20052008
HeadquartersAustraliaCyprus
RegulatorsASIC, CMA, CySEC, FSCAASIC, BVI FSC, CySEC, FCA, FSCA
Broker typeDMA, ECN, STPMarket Maker
PlatformscTrader, MT4, MT5MT4, MT5, Proprietary
InstrumentsCommodities, Cryptocurrencies, Forex, Indices, MetalsCommodities, Cryptocurrencies, Forex, Indices, Metals
Countries accepted225 countries175 countries
Fee levelLowLow
Trading typesCFD Trading, Spot TradingCFD Trading
Best-for use casesCopy Trading, Professional Trading, Retail TradingRetail Trading

Highlighted cells mark the stronger value where a direction is objectively better (e.g. more licences, lower fees). "Not verified" means the field is not yet in our catalogue for that broker — we never fill gaps with estimates.

Pros

FP Markets

  • ASIC & CySEC regulated
  • Raw ECN spreads from 0.0 pips
  • Fast execution and deep liquidity
  • MT4/MT5 platforms with EAs, hedging & scalping
  • Low commissions on RAW account

Markets.com

  • Multi-jurisdiction tier-1 regulation (FCA/ASIC) + segregated client funds
  • MT4/MT5 and proprietary platforms with advanced analytics
  • 2,000+ instruments including 50+ forex pairs
  • Integrated research, sentiment, and economic calendar tools
  • Negative balance protection for retail clients

Cons

FP Markets

  • No negative balance protection across all entities
  • No investor compensation scheme (ASIC clients)
  • IRESS platform and market data fees
  • Withdrawal fees on international bank wires/selected methods
  • Not available to US residents

Markets.com

  • No raw/commission pricing; wider spreads
  • Not available to U.S. clients
  • Protections vary by entity; weaker safeguards offshore
  • No cTrader or DMA/ECN access
  • Currency conversion fees apply

Key features

FP Markets

  • Multi asset Forex and CFD trading on MT4 MT5 cTrader and Iress
  • ECN raw spreads deep liquidity and low latency execution
  • ASIC and CySEC regulated with segregated client funds
  • Advanced trading tools Autochartist VPS and copy trading
  • MAM PAMM accounts for portfolio management
  • Direct market access share CFDs via Iress

Markets.com

  • Multi jurisdiction regulation and client fund segregation
  • Forex and CFD trading across major asset classes
  • Proprietary web and mobile platforms with MT4 and MT5
  • Advanced research sentiment and event tools
  • Negative balance protection and risk management
  • Spread betting for UK clients

Country availability: FP Markets vs Markets.com

Available at both (171): Albania, Algeria, Andorra, Angola, Anguilla, Antigua and Barbuda, Argentina, Aruba, Austria, Bahamas, Bahrain, Barbados, Benin, Bermuda, Bolivia, Bonaire, Bosnia and Herzegovina, Botswana, Brazil, Bulgaria, Burkina Faso, Burundi, Cabo Verde, Cameroon, Cayman Islands, Central African Republic, Chad, Chile, Christmas Island, Cocos (Keeling) Islands, Colombia, Comoros, Congo, Costa Rica, Croatia, Curaçao, Cyprus, Czechia, Côte d'Ivoire, Denmark and 131 more.

Only FP Markets (54): American Samoa, Armenia, Australia, Azerbaijan, Bangladesh, Belgium, Belize, Bhutan, Brunei, Cambodia, Canada, China, Cook Islands, Guam, Haiti, Hong Kong, Japan, Kazakhstan, Kenya, Kyrgyzstan, Laos, Macao, Maldives, Mali, Micronesia and 29 more.

Only Markets.com (4): Afghanistan, Iraq, Liberia, Yemen.

Availability reflects the countries each broker declares it serves. Local rules change; confirm on the broker's own site before signing up.

FP Markets vs Markets.com: common questions

Which broker is more regulated, FP Markets or Markets.com?

Markets.com holds more regulatory licences: FP Markets (ASIC, CMA, CySEC, FSCA) versus Markets.com (ASIC, BVI FSC, CySEC, FCA, FSCA). Tier-1 licences: FP Markets 1, Markets.com 2.

Which trading platforms do FP Markets and Markets.com offer?

FP Markets offers cTrader, MT4, MT5; Markets.com offers MT4, MT5, Proprietary.

Which has lower fees, FP Markets or Markets.com?

Both sit in the same fee bracket (low) in our catalogue; compare the spreads and commission rows above for detail.

Which is older, FP Markets or Markets.com?

FP Markets is the older of the two, founded in 2005; Markets.com was founded in 2008.

Are FP Markets and Markets.com available in the same countries?

They overlap in 171 countries. FP Markets is additionally available in 54 countries (American Samoa, Armenia, Australia, Azerbaijan, Bangladesh, Belgium and 48 more) and Markets.com in 4 countries (Afghanistan, Iraq, Liberia, Yemen).

Keep comparing

FP Markets

Markets.com

Risk warning: CFDs and forex are complex, leveraged instruments and carry a high risk of losing money rapidly. A majority of retail investor accounts lose money when trading CFDs. Nothing on this page is financial advice; verify licence status on the regulator's register before depositing. Full risk disclosure.