Side-by-Side Comparison · 2026
FP Markets vs XM
An in-depth 2026 comparison of FP Markets and XM — regulation, fees, platforms, and who each broker is best for.
FP Markets
4.4
ASICCySECFSCA
XM
4.7
CySECFSC
Feature Comparison
| Feature |  |  |
|---|---|---|
| Regulation | ASICCySECFSCA | CySECFSC |
| Min Deposit | $100 | $5 Winner |
| Max Leverage | Up to 1:500 | Up to 1:1000 |
| Trading Platforms | MetaTrader 4MetaTrader 5cTraderIRESS | MetaTrader 4MetaTrader 5XM WebTrader |
| EUR/USD Spread | 0 pips Winner | 1 pips |
| Account Types | 2 | 2 |
| Founded | 2005 Winner | 2009 |
| Our Rating | 4.4 | 4.7 Winner |
Our Verdict
Who should choose FP Markets?
FP Markets is best suited for traders who value very tight spreads and excellent execution.
With a minimum deposit of $100 and leverage Up to 1:500, it appeals to intermediate to advanced traders. Key advantages include tight spreads from 0.0 pips.
- Very tight spreads
- Excellent execution
- Strong regulation
- Higher minimum deposit
- Limited educational content
Who should choose XM?
XM suits traders looking for excellent education program and strong regulation.
Its minimum deposit of $5 with leverage Up to 1:1000 targets budget-conscious traders. Standout features include over 1000 instruments.
- Excellent education program
- Strong regulation
- Good customer support
- Higher spreads on some pairs
- Limited advanced tools