XM vs FP Markets
Head-to-head comparison of fees, platforms, regulation, and trading conditions to help you choose the right EU broker in 2026.
Quick Verdict
Score Comparison
Trading Conditions
| Condition | XM | FP Markets |
|---|---|---|
| Min Deposit | $5 | $50 |
| EUR/USD Spread | 0.6 pips (Ultra Low), 1.6 pips (Standard) | 0.0 pips (Raw), 1.0 pips (Standard) |
| Commission | None | $3.00 per lot per side (Raw), None (Standard) |
| Leverage (Retail) | 30:1 | 30:1 |
| Leverage (Pro) | 500:1 | 500:1 |
| Swap-Free | Yes | Yes |
| Withdrawal Fee | Free | Free |
Platform Comparison
XM Platforms
- MetaTrader 4
- MetaTrader 5
- XM App
Micro, Standard, Ultra Low, Shares
FP Markets Platforms
- MetaTrader 4
- MetaTrader 5
- cTrader
- IRESS
Standard, Raw
Regulation & Safety
XM Regulation
ICF up to EUR 20,000
FP Markets Regulation
ICF up to EUR 20,000
Overall Verdict
Both brokers score equally overall at 8.7/10. The best choice depends on your specific priorities: review the individual category scores above to decide which broker better fits your trading style.
CFD Risk Warning
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
This website is for informational purposes only. The content does not constitute investment advice. Trading leveraged products carries a high level of risk and may not be suitable for all investors. Past performance is not indicative of future results. EU retail leverage limits apply (ESMA): up to 30:1 on major FX pairs, 20:1 on minor FX, 20:1 on major indices, 10:1 on commodities, 5:1 on equities, 2:1 on crypto.