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Data refreshed 25 Aug 2026 · Compiled by David Ispiryan
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
Trust rank #7 · Founded 2002
XTB is a forex and CFD broker offering a proprietary platform, broad instrument coverage, and integrated research and education. It is regulated in multiple jurisdictions.
Read the XTB reviewFP 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. XTB (Poland, founded 2002) holds 5 regulatory licences (DFSA, FCA, FSCA, IFSC, KNF), 1 of them tier-1, offers Proprietary and sits in our low-fee bracket. The two overlap in 48 countries; FP Markets is available in 177 countries where XTB is not, and XTB in 0 where FP Markets is not.
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.
| Criteria | FP Markets | XTB |
|---|---|---|
| Editorial rating | 9 / 10 | Not verified |
| Trust rank | #23 | #7 |
| Founded | 2005 | 2002 |
| Headquarters | Australia | Poland |
| Regulators | ASIC, CMA, CySEC, FSCA | DFSA, FCA, FSCA, IFSC, KNF |
| Broker type | DMA, ECN, STP | Market Maker |
| Platforms | cTrader, MT4, MT5 | Proprietary |
| Instruments | Commodities, Cryptocurrencies, Forex, Indices, Metals | Commodities, Cryptocurrencies, Forex, Indices |
| Countries accepted | 225 countries | 48 countries |
| Fee level | Low | Low |
| Trading types | CFD Trading, Spot Trading | CFD Trading |
| Best-for use cases | Copy Trading, Professional Trading, Retail Trading | Professional Trading, Retail 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.
Available at both (48): Angola, Austria, Belgium, Bermuda, Bulgaria, Canada, Chile, Croatia, Cyprus, Czechia, Denmark, Estonia, Finland, France, Georgia, Germany, Greece, Hungary, Indonesia, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malaysia, Malta, Mauritania, Moldova, Montenegro, Netherlands, North Macedonia, Philippines, Poland, Portugal, Romania, Saint Kitts and Nevis, Serbia, Slovakia, Slovenia, South Africa and 8 more.
Only FP Markets (177): Albania, Algeria, American Samoa, Andorra, Anguilla, Antigua and Barbuda, Argentina, Armenia, Aruba, Australia, Azerbaijan, Bahamas, Bahrain, Bangladesh, Barbados, Belize, Benin, Bhutan, Bolivia, Bonaire, Bosnia and Herzegovina, Botswana, Brazil, Brunei, Burkina Faso and 152 more.
Availability reflects the countries each broker declares it serves. Local rules change; confirm on the broker's own site before signing up.
XTB holds more regulatory licences: FP Markets (ASIC, CMA, CySEC, FSCA) versus XTB (DFSA, FCA, FSCA, IFSC, KNF). Tier-1 licences: FP Markets 1, XTB 1.
FP Markets offers cTrader, MT4, MT5; XTB offers Proprietary.
Both sit in the same fee bracket (low) in our catalogue; compare the spreads and commission rows above for detail.
XTB is the older of the two, founded in 2002; FP Markets was founded in 2005.
They overlap in 48 countries. FP Markets is additionally available in 177 countries (Albania, Algeria, American Samoa, Andorra, Anguilla, Antigua and Barbuda and 171 more) and XTB in 0 countries ().
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.