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


Visit 79% of retail CFD accounts lose money.	Visit 74.34% of retail CFD accounts lose money.
Overview
XTB is an international broker specialised in CFD trading and low cost forex spreads.	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.
Best For
Experienced forex traders looking for low spreads Experienced stock traders looking for trading particular stocks under low spreads (with commission)	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
Licenses
Financial Licenses Regulation Regulated Top-tier Licenses 2 Other Licenses 2 Provided by TheTradingBible.com Learn More	Financial Licenses Regulation Regulated Top-tier Licenses 1 Other Licenses 2 Provided by TheTradingBible.com Learn More
🏛 Financial Regulators
CySec (Cyprus) FCA (UK) CMNV (Spain) UKNF (Poland)	ASIC (Australia) CySec (Cyprus) FSA (St. Vincent and the Grenadines)
The Good
Low forex & stock spreads Professional platform with customisable layouts	Competitive spreads From 0 pips MT4 and MT5 offered Over 10,000 + shares
The Bad
No ability to remove or customise leverage High commissions on stocks & ETFs All instruments are CFDs, you can't buy underlying assets (real stocks or cryptocurrencies)	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
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
2002	2005
💳 Minimum Deposit Range
0	$100
💰 Payment Methods
Visa Mastercard Bank Transfer Sofort Neteller Paypal Skrill	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
💵 Account Base Currencies
5 - USD, GBP, EUR, PLN, HUF.	10 - USD, GBP, EUR, AUD, CHF, JPY, HKD, CAD, SGD, NZD.
🗽 Available to U.S Citizens
No	No
❌ Restricted Countries
US, SY, IR.	US, JP, BE, NZ, SY.
📊 STP Account
Yes	Yes
📊 DMA Account
No	Yes
📊 ECN Account
No	Yes
Banking License
No	No
Debit Card
No	No
Assets
📚 Assets Type
CFDs	CFDs
Total Asset Offering
2,131	10,403
Exchange Access
0	0
📙 Real Stocks
0	0
📙 Stock CFDs
1,877	10,000
📘 Currency Pairs
0	0
📘 Currency Pair CFDs
57	63
📗 Commodities
0	0
📗 Commodities CFDs
21	15
📕 Indices
0	0
📕 Indices CFDs
36	17
📔 ETFs
0	0
📔 ETFs CFDs
135	295
💸 Cryptocurrencies
0	0
💸 Cryptocurrency CFDs
5	11
📒 Bonds
0	0
📒 Bonds CFDs
0	2
📓 Options
0	0
📓 Options CFDs
0	0
📗 Futures
0	0
📗 Futures CFDs
0	0
Trading Experience
📈 Minimum Stock Trade Size
$50 trade value	Variable
📉 Minimum ETFs Trade Size
$50 trade value	Unavailable
📈 Minimum Crypto Trade Size
Varies by Crypto (Eg: 0.01 BTC)	Unavailable
📉 Minimum FX Trade Size
$1,000 (0.01 Lots)	$1,000 - (0.01 Lots)
📈 Minimum Commodities Trade Size
Varies by Commoditty (Eg: 0.01 Troy ounces of Gold)	Varies by Commodity (Eg: 0.01 Troy ounces of Gold)
📉 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	500
✍ Customisable Leverage
No	Yes
🎲 Deleveraged Trading
No	Yes
🎓 Demo Account
Yes	Yes
📱 IOS App
Yes	Yes
📱 Android App
Yes	Yes
📺 MetaTrader 4
Yes	Yes
📺 MetaTrader 5
No	Yes
📺 cTrader
No	No
💻 Web trader
Yes	Yes
💻 TradingView Platform
No	No
💻 Proprietary Platform
Yes	Yes
📊 Multi-chart Tools
Yes	Yes
👬 Copy Trading
No	Yes
👫 Social Trading
No	Yes
🔑 Guaranteed Stop-loss
No	No
🔨 Trailing Stop-loss
Yes	Yes
Fees
💰 Inactivity Fee
$10 monthly after 1 year of inactivity.	None
💰 Deposit Fees
None	None
💰 Withdrawal Fees
None	Yes, $5 for card withdrawals and $20 for international bank transfer withdrawals.
💰 Commissions
For Stocks and ETFs there is an 0.08% commission with $8 minimum.	No commission on their Standard Account $3 per side (lot) commission on their RAW Account
Spreads
📈 EUR/USD
Dynamic - From 0 to 0.8 Pips	Dynamic - From 0 to 1.2 Pips
📉 SP500
Dynamic - From 50 Pips	Dynamic - From 40 to 60 Pips
📈 GOLD
Dynamic - From 35 Pips	Dynamic - From 0 to 31 Pips
📉 TSLA (Stock CFD)
Dynamic - Market Spread	Dynamic - Market Spread
📈 XLK (ETF - CFD)
Dynamic - Market Spread	Unavailable
📉 BTC
Dynamic - From $120	Dynamic - From $9 to $21
Research and Analysis
⭐ Watchlists
Yes	Yes
🔭 Stock Screener
Yes	No
🗓 Economic Calendar
Yes	Yes
📜 Integrated Newsfeed
No	No
📡 Reuters Feed
No	No
📡 Educational Content
Yes	Yes
📡 Live Chat Support
No	Yes
📡 Video Tutorials
No	Yes
📡 Account Management
No	Yes
📡 Webinars
Yes	Yes