FP Markets vs XTB: which is better?

FP Markets and XTB are compared here on the trading conditions that decide cost: verified spreads by account type, commission, minimum deposit, leverage, regulation, platforms and market coverage. Both appear in our Best Overall and Best for Day Trading rankings, which is why traders shortlist them together. Every figure below is read straight from each broker’s own record — spreads come from the Spread Meter dataset with a source and a verification date, not from marketing pages. On our scoring model FP Markets leads at 9.3/10 against 8.7/10, but the right answer depends on which of the differences below matters to how you trade.

Key differences between FP Markets and XTB

• Lowest verified spread

  FP Markets Standard From 1.0 pips ($0); ECN From 0.0 pips (US$3/side (USD) or €2.75/side (EUR))

  XTB Standard From 0.8 pips ($0)

  FP Markets has the lower verified entry spread of the two.

• Minimum deposit

  FP Markets $0

  XTB $0

  Both open from $0.

• Regulation

  FP Markets ASIC

  XTB FCA, KNF, IFSC

  XTB holds more licences on record (3 vs 1).

• Platforms

  FP Markets MT4, MT5, cTrader, TradingView, IRESS

  XTB xStation 5, xStation Mobile

  Only FP Markets offers MT4, MT5, cTrader, TradingView, IRESS; Only XTB offers xStation 5, xStation Mobile.

• Overall score

  FP Markets 9.3/10

  XTB 8.7/10

  FP Markets scores higher overall (9.3 against 8.7).

Side by side

Pricing is the lowest verified figure per account type from the Spread Meter dataset; every other field is read from the broker’s own record.

Broker trading conditions compared

Criteria	FP Markets Visit FP MarketsRegister	XTB Register
Overall rating	4.4	4.4
Overall score	9.3/10	8.7/10
Regulation	ASIC	FCA, KNF, IFSC
Pricing by account type	Standard·From 1.0 pipsCommission $0 ECN(Raw)·From 0.0 pipsCommission US$3/side (USD) or €2.75/side (EUR)	Standard·From 0.8 pipsCommission $0
Minimum deposit	$0	$0
Leverage	1:30 for ASIC retail clients	1:30 for FCA and KNF retail clients; higher under other group entities
Platforms	MT4, MT5, cTrader, TradingView, IRESS	xStation 5, xStation Mobile
Account types	Standard, Raw, IRESS (DMA)	Standard
Markets	Forex, Share CFDs, Indices, Commodities, Crypto CFDs	Forex, Indices, Commodities, Stock CFDs, ETF CFDs
Payment methods	Bank transfer, Visa / Mastercard, Skrill, Neteller	Bank transfer, Visa / Mastercard, Skrill, Neteller
Best for	Shares and FX in one place	Traders who prefer a single proprietary platform
Open an account	Visit FP MarketsRegister	Register

FP Markets

XTB

Overall rating

FP Markets4.4

XTB4.4

Overall score

FP Markets9.3/10

XTB8.7/10

Regulation

FP MarketsASIC

XTBFCA, KNF, IFSC

Pricing by account type

FP Markets

• Standard·From 1.0 pipsCommission $0
• ECN(Raw)·From 0.0 pipsCommission US$3/side (USD) or €2.75/side (EUR)

XTB

• Standard·From 0.8 pipsCommission $0

Minimum deposit

FP Markets$0

XTB$0

Leverage

FP Markets1:30 for ASIC retail clients

XTB1:30 for FCA and KNF retail clients; higher under other group entities

Platforms

FP MarketsMT4, MT5, cTrader, TradingView, IRESS

XTBxStation 5, xStation Mobile

Account types

FP MarketsStandard, Raw, IRESS (DMA)

XTBStandard

Markets

FP MarketsForex, Share CFDs, Indices, Commodities, Crypto CFDs

XTBForex, Indices, Commodities, Stock CFDs, ETF CFDs

Payment methods

FP MarketsBank transfer, Visa / Mastercard, Skrill, Neteller

XTBBank transfer, Visa / Mastercard, Skrill, Neteller

Best for

FP MarketsShares and FX in one place

XTBTraders who prefer a single proprietary platform

Open an account

FP Markets4.4

Visit FP MarketsRegister

Review

XTB4.4

Register

Review

Who each broker suits

Other comparisons