Your capital is at risk. Trade only with funds you can afford to lose.
Exness
Doesn't accept traders from US. See available forex brokers
Not available in your countryRead Exness review
Rating breakdown
- Regulation & trust4.10.8 higher than FP Markets (3.3)
- Assets & markets4.0same as FP Markets (4.0)
- Fees & costs4.00.1 lower than FP Markets (4.1)
- Platforms & tools3.90.1 lower than FP Markets (4.0)
- Accounts & banking4.40.6 higher than FP Markets (3.8)
- Education3.30.2 lower than FP Markets (3.5)
- Research4.30.8 higher than FP Markets (3.5)
- Customer support4.50.8 higher than FP Markets (3.7)
FP Markets’s score. Numbers show the difference.
FP Markets
Doesn't accept traders from US. See available forex brokers
Not available in your countryRead FP Markets review
Rating breakdown
- Regulation & trust3.30.8 lower than Exness (4.1)
- Assets & markets4.0same as Exness (4.0)
- Fees & costs4.10.1 higher than Exness (4.0)
- Platforms & tools4.00.1 higher than Exness (3.9)
- Accounts & banking3.80.6 lower than Exness (4.4)
- Education3.50.2 higher than Exness (3.3)
- Research3.50.8 lower than Exness (4.3)
- Customer support3.70.8 lower than Exness (4.5)
Exness’s score. Numbers show the difference.
| Exness | FP Markets | |
|---|---|---|
| Overview | Established in 2008, Exness has maintained its position as a highly respected broker, standing out with its industry-leading range of 40+ account currencies, growing selection of CFD instruments, and intuitive web platform complete with useful extras like currency convertors and trading calculators. | Established in 2005 in Australia, FP Markets is an ASIC- and CySEC-regulated broker boasting an extensive suite of tradable assets. Its Standard and Raw accounts cater to day traders at every level, while it packs a punch in the tooling department, from the MetaTrader suite and intuitive TradingView to actionable trading ideas from Trading Central and AutoChartist. |
| Customer Reviews | Based on 2 customer reviews | Based on 1 customer reviews |
| Trustpilot Score | ||
| Comment by Reviewer | “After slashing its spreads, improving its execution speeds and support trading on over 100 currency pairs with more than 40 account currencies to choose from, Exness is a fantastic option for active forex traders looking to minimize trading costs.” | “FP Markets strikes an ideal balance between affordability and quality for active traders. They’ve managed to keep trading costs low while expanding their investment offering, charting tools, and research features, all while providing excellent support you can rely on for urgent trading queries.” |
| Pros |
|
|
| Cons |
|
|
| Awards |
| – |
| Instruments | CFDs on Forex, Stocks, Indices, Commodities, Crypto | CFDs, Forex, Stocks, Indices, Commodities, Bonds, ETFs, Crypto |
| Demo Account | Yes | Yes |
| Minimum Deposit | $10 (varies by account and payment method) | $0 |
| Trading Platforms |
|
|
| Payment Methods | Visa, Mastercard, JCB, Wire Transfer, Bitcoin, USDT, USDC, Netteller, Skrill, Perfect Money, Sticpay, Webmoney, BinancePay, local payment systems based on countries | |
| Minimum Trade | 0.01 Lots | 0.01 Lots |
| Regulator | FSCA, CMA-Kenya, FSA, CBCS, BVIFSC, FSC, JSC, FCA (B2B only), CySEC (B2B only) | ASIC, CySEC, FSA, FSCA, FSC, SCB, CMA-Kenya |
| Margin Trading | Yes | Yes |
| STP Account | Yes | Yes |
| ECN Account | Yes | Yes |
| DMA Account | No | Yes |
| MAM Account | No | Yes |
| PAMM Account | No | Yes |
| LAMM Account | No | No |
| Demat Account | No | No |
| AI / Machine Learning | No | No |
| Robo Advisor | No | No |
| Negative Balance Protection | Yes | Yes |
| Market Maker | Yes | Yes |
| P2P Trading | No | No |
| Spot Trading | No | No |
| Mobile Apps | iOS & Android | iOS & Android |
| App Review | Exness Trade offers the complete mobile trading experience, delivering the broker's fast execution speeds, hundreds of tradable CFDs and user-friendly, TradingView-powered charts right from your palm. Downloaded more than 10 million times, it's an excellent option for active traders looking to manage their accounts and capitalize on market opportunities on the move. | FP Markets does not provide a proprietary web-based or mobile app, a downside for beginners. However, there are the mobile versions of MT4/MT5, cTrader, and TradingView that offer real-time quotes, advanced charting tools, account management features, and order execution. Australian clients are also exclusively offered access to the Iress mobile platform, which delivers sophisticated features including analytics, module linking, and multiple portfolio management. |
| Android App Rating | ||
| iOS App Rating | ||
| Auto Trading | Expert Advisors (EAs) on MetaTrader | Expert Advisors (EAs) on MetaTrader, cBots on cTrader |
| Copy Trading | Yes | Yes |
| Copy Trading Platform | Exness supports user-friendly copy trading through a dedicated service with a huge community, as well as via MetaTrader signals, giving hands-off trader a choice of tested routes to replicate the positions of more experienced traders. | FP Markets introduced a proprietary social copy trading platform, alongside access to the MetaTrader signals market. These offerings, coupled with support for Myfxbook, establish FP Markets as an excellent option for social copy trading, even if the system is less intuitive compared to cTrader Copy. |
| Social Trading | Yes | Yes |
| Trade Signals | Signals through Trading Central | – |
| VPS Hosting | Yes | Yes |
| Tournaments | No | No |
| Demo Competitions | No | No |
| Ethical Investing | No | No |
| Custodial Account | No | No |
| Guaranteed Stop Loss | No | No |
| Inactivity Fee | $0 | $0 |
| Islamic Account | Yes | Yes |
| Account Currencies |
|
|
| Stock Exchanges | ||
| Commodities | ||
| CFD Trading | ||
| Overview | Exness provides CFDs on forex, stocks, indices, commodities, and cryptos with leverage for advanced day traders and featuring over 100 technical indicators in its proprietary terminal. | FP Markets offers CFD trading on a first-rate selection of financial markets, spanning stocks, major global indices, commodities, metals, cryptocurrencies, and bonds. With tight spreads, fast execution speeds, leverage up to 1:500 and top-tier liquidity, short-term traders get an efficient and seamless trading experience. |
| Leverage | 1:Unlimited (via offshore entities) | 1:30 (UK), 1:500 (Global) |
| FTSE Spread | 9.8 | 1.64 |
| GBPUSD Spread | 0.6 | 1.9 average |
| Oil Spread | 0.20 | 0.04 |
| Stocks Spread | 0.5 (Apple Inc.) | Variable |
| Forex Trading | ||
| Overview | Exness offers an impressive selection of around 100 forex pairs - more than most brokers we've evaluated - along with competitive spreads on major pairs starting as low as 0.1 pips. Additionally, traders benefit from a robust suite of forex analysis tools, including market news powered by FXStreet. | FP Markets stands out as an excellent option for forex traders, boasting a selection of over 70 currency pairs covering a wide range of currencies, especially since expanding its choice of exotics. With average spreads of just 0.1 on the EUR/USD in its Raw account, the broker provides competitive pricing for day traders. |
| GBPUSD Spread | From 0.0 | 0.2 |
| EURUSD Spread | From 0.0 | 0.1 |
| EURGBP Spread | From 0.0 | 0.3 |
| Assets | 100+ | 70+ |
| Currency Indices |
|
|
| Cryptocurrency | ||
| Overview | Exness provides a selection of popular crypto-fiat pairs with zero swap fees and no commissions on Standard accounts, accessible via desktop and mobile apps. Crypto deposits are available in certain regions, and reduced Bitcoin spreads have enhanced its appeal for active traders. | FP Markets supports CFDs on popular cryptos including Bitcoin, Ethereum, Ripple, Bitcoin Cash, and Litecoin. Yet while you can speculate on price movements through CFDs, direct ownership of coins is not supported. FP Markets also doesn’t add up-and-coming tokens for crypto enthusiasts on the pulse. |
| Spread | 10.0 (BTC/USD) | 17.3 (Bitcoin) |
| Coins |
|
|
| Crypto Lending | No | No |
| Crypto Mining | No | No |
| Crypto Staking | No | No |
| Auto Market Maker | No | No |
Not available in your countryRead Exness review
Not available in your countryRead FP Markets review