FP Markets
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74.34% of retail CFD accounts lose money.

Vs.

Exness
Visit

74-89% of retail CFD accounts lose money.

FP Markets Vs. Exness - Compare Trustworthiness, Capabilities, Fees and Legitimacy

Updated Apr 29 2024

Visit

74.34% of retail CFD accounts lose money.

Visit

74-89% of retail CFD accounts lose money.

Overview

FP Markets is a leading Australian broker with a 10,000+ asset offering accompanied by a great variety of tech options such as deploying your own VPS and accessing ENC / DMA pricing.

Exness is a Cypriot broker founded in 2008 that specialises on currencies trading via MT4 & 5 along with their proprietary Exness Trader platform.

Best For
  • Professional traders looking for DMA pricing on their stocks
  • Professional traders looking to set up a dedicated VPS
  • High volume share traders that benefit from DMA pricing
  • Low volume traders looking to take advantage of their low sized account offerings
  • Off-shore traders looking for high leverage factors
  • High volume traders looking for their professional accounts (assuming they are satisfied with their available assets)
Licenses

Financial
Licenses

Regulation

Regulated

Top-tier Licenses

1

Other Licenses

2

Provided by
TheTradingBible.com

Learn More

Financial
Licenses

Regulation

Regulated

Top-tier Licenses

1

Other Licenses

6

Provided by
TheTradingBible.com

Learn More
🏛 Financial Regulators
  • ASIC (Australia)
  • CySec (Cyprus)
  • FSA (St. Vincent and the Grenadines)
  • FSA (Seychelles)
  • CBCS (Curaçao)
  • FSC (British Virgin Islands)
  • FSC (Mauritius)
  • FSCA (South Africa)
  • CySec (Cyprus)
  • FCA (UK)
The Good
  • Competitive spreads From 0 pips
  • MT4 and MT5 offered
  • Over 10,000 + shares
  • Competitive spreads depending on the account type
  • Low entry barrier for new traders
  • No minimum deposit on standard accounts
The Bad
  • No ETFs are offered
  • Stock trading commissions are expensive when compared to similar brokers
  • Website is slow and confusing
  • Fees for the majority of deposit and withdrawal methods
  • Most Exness' the financial licenses are from off-shore locations
  • Very low asset offering with less than 200 instruments
  • Despite using TradingView charts, multi-charts layout or fullscreen are not possible
Status
Operational Operational
Recent News

No fresh news at the moment. Check again soon!

No fresh news at the moment. Check again soon!

Key Data
⌛ Account Opening Time
1 day 1 day
📋 Documents Required
  • Valid identity document (Passport, ID Card, etc)
  • Valid proof of residence document (Bank statement, utility bills)

All documents must be under the account holder's name.

  • Valid identity document (Passport, ID Card, etc)
  • Valid proof of residence document (Bank statement, utility bills)

All documents must be under the account holder's name.

📍 Year Founded
2005 2008
💳 Minimum Deposit Range
$100 From 0 to $3,000
💰 Payment Methods
  • Visa
  • Mastercard
  • Bank Transfer
  • Paypal
  • Neteller
  • Skrill
  • FasaPay
  • PayTrust
  • China Union Pay
  • Bpay
  • Broker to broker
  • Sticpay
  • Plusdebit
  • Rupee Payments
  • Dragonpay
  • Perfect Money
  • Paylivre
  • Rapyd
  • Finrax
  • Fairpay
  • Credit Card
  • Debit Card
  • Neteller
  • Skrill
  • USDT (Tether)
  • Bank Transfer
  • BTC (Bitcoin)
  • Perfect Money
  • SticPay
  • USDC (USD Coin)
💵 Account Base Currencies
10 - USD, GBP, EUR, AUD, CHF, JPY, HKD, CAD, SGD, NZD. 1 - USD
🗽 Available to U.S Citizens
No No
❌ Restricted Countries

US, JP, BE, NZ, SY.

US, CA, SY, IR.

📊 STP Account
Yes No
📊 DMA Account
Yes No
📊 ECN Account
Yes No
Banking License
No No
Debit Card
No No
Assets
📚 Assets Type
CFDs CFDs
Total Asset Offering
10,403 243
Exchange Access
0 0
📙 Real Stocks
0 0
📙 Stock CFDs
10,000 100
📘 Currency Pairs
0 0
📘 Currency Pair CFDs
63 100
📗 Commodities
0 0
📗 Commodities CFDs
15 7
📕 Indices
0 0
📕 Indices CFDs
17 10
📔 ETFs
0 0
📔 ETFs CFDs
295 0
💸 Cryptocurrencies
0 0
💸 Cryptocurrency CFDs
11 26
📒 Bonds
0 0
📒 Bonds CFDs
2 0
📓 Options
0 0
📓 Options CFDs
0 0
📗 Futures
0 0
📗 Futures CFDs
0 0
Trading Experience
📈 Minimum Stock Trade Size
Variable 1 Share
📉 Minimum ETFs Trade Size
Unavailable Unavailable
📈 Minimum Crypto Trade Size
Unavailable 0.01 Lots ($1,000)
📉 Minimum FX Trade Size
$1,000 - (0.01 Lots) 0.01 Lots ($1,000)
📈 Minimum Commodities Trade Size
Varies by Commodity (Eg: 0.01 Troy ounces of Gold) 0.01 Lots ($1,000)
📉 Minimum Bonds Trade Size
Unavailable Unavailable
📈 Minimum Futures Trade Size
Unavailable Unavailable
📉 Minimum Options Trade Size
Unavailable Unavailable
💪 Retail Leverage
30 30
💪 Professional Leverage
500 2000
✍ Customisable Leverage
Yes Yes
🎲 Deleveraged Trading
Yes No
🎓 Demo Account
Yes Yes
📱 IOS App
Yes Yes
📱 Android App
Yes Yes
📺 MetaTrader 4
Yes Yes
📺 MetaTrader 5
Yes Yes
📺 cTrader
No No
💻 Web trader
Yes Yes
💻 TradingView Platform
No No
💻 Proprietary Platform
Yes Yes
📊 Multi-chart Tools
Yes No
👬 Copy Trading
Yes No
👫 Social Trading
Yes No
🔑 Guaranteed Stop-loss
No No
🔨 Trailing Stop-loss
Yes No
Fees
💰 Inactivity Fee
None None
💰 Deposit Fees
None None
💰 Withdrawal Fees

Yes, $5 for card withdrawals and $20 for international bank transfer withdrawals.

None
💰 Commissions
  • No commission on their Standard Account
  • $3 per side (lot) commission on their RAW Account

Commissions vary as follows:

  • No comissions on Standard account
  • No comissions on Standard Cent account
  • $3.5 per lot side on Raw Spread account
  • $0.2 per lot side on Zero account
  • No commission on Pro account
Spreads
📈 EUR/USD
Dynamic - From 0 to 1.2 Pips 1 Pip
📉 SP500
Dynamic - From 40 to 60 Pips From 200 pips
📈 GOLD
Dynamic - From 0 to 31 Pips From 20 Pips
📉 TSLA (Stock CFD)
Dynamic - Market Spread From $0.10
📈 XLK (ETF - CFD)
Unavailable Unavailable
📉 BTC
Dynamic - From $9 to $21 From $20
Research and Analysis
⭐ Watchlists
Yes Yes
🔭 Stock Screener
No No
🗓 Economic Calendar
Yes Yes
📜 Integrated Newsfeed
No Yes
📡 Reuters Feed
No No
📡 Educational Content
Yes No
📡 Live Chat Support
Yes Yes
📡 Video Tutorials
Yes No
📡 Account Management
Yes No
📡 Webinars
Yes No