FP Markets vs Exness (2026): Which Broker Is Better?
Compare fees, spreads, minimum deposits, platforms and regulatory information side by side. Conditions vary by country and legal entity.
Quick verdict
FP Markets has the higher Brokeradar score
FP Markets leads this comparison with an editorial score of 4.8/5. Exness has the lowest recorded entry deposit at $10, while FP Markets offers the broadest platform selection in our current dataset. The right choice still depends on the entity available in your country and the account type you use.
FP Markets and Exness share the top Brokeradar editorial score (4.8) but get there by different routes. FP Markets is an Australian ECN/STP broker with tier-one ASIC and CySEC licences, four trading platforms and a $100 entry. Exness is a Seychelles-headquartered broker known for tight spread-only pricing, instant withdrawals and very high leverage, with a $10 entry. Use the decision matrix below to see which profile fits you.
Comparing 2 brokers
- Brokeradar score
- ★ 4.8 / 5
- Spreads from
- 0.0 pips
- Minimum deposit
- $100
- Maximum leverage
- Up to 1:500
- Platforms
- MT4, MT5, cTrader, TradingView
- Brokeradar score
- ★ 4.8 / 5
- Spreads from
- 0.2 pips
- Minimum deposit
- $10
- Maximum leverage
- Up to Unlimited
- Platforms
- MT4, MT5, Exness Terminal
| Compare Features | ||
|---|---|---|
| Logo | FP | EX |
| Rating | 4.8 / 5 | 4.8 / 5 |
| Min Deposit | $100 | $10 |
| Spreads From | 0.0 pips | 0.2 pips |
| Max Leverage | Up to 1:500 | Up to Unlimited |
| Regulation | ASIC, CySEC, FSCA, CMA Kenya, FSA Seychelles | FSA Seychelles, CySEC, FCA, FSCA, CBCS Curaçao, FSC BVI, CMA Kenya, FSC Belize, FSC Mauritius, JSC Jordan |
| Platforms | MT4, MT5, cTrader, TradingView | MT4, MT5, Exness Terminal |
| Islamic Accounts | Yes, Swap-Free | Yes, Swap-Free |
| Established Year | 2005 | 2008 |
| Actions |
FP Markets vs Exness: fees and spreads
FP Markets trading costs
Published spreads start from 0.0 pips. The minimum deposit recorded is $100. Raw and standard accounts can use different spread and commission models, so compare the account-level schedule before funding.
Exness trading costs
Published spreads start from 0.2 pips. The minimum deposit recorded is $10. Raw and standard accounts can use different spread and commission models, so compare the account-level schedule before funding.
Regulation and country availability
A broker brand can serve customers through multiple legal entities. Licenses, leverage limits and compensation arrangements may therefore differ between two customers using the same brand.
FP Markets
Licenses recorded: ASIC, CySEC, FSCA, CMA Kenya, FSA Seychelles.
Review FP Markets safety detailsExness
Licenses recorded: FSA Seychelles, CySEC, FCA, FSCA, CBCS Curaçao, FSC BVI, CMA Kenya, FSC Belize, FSC Mauritius, JSC Jordan.
Review Exness safety detailsWho should choose each broker?
Choose FP Markets if…
- ✓ Spreads from 0.0 pips
- ✓ ASIC & CySEC regulated
- ✓ Multiple platforms including cTrader
Consider first: Higher minimum deposit for premium accounts; No inactivity fees.
Choose Exness if…
- ✓ Instant withdrawals
- ✓ Unlimited leverage option
- ✓ Zero spread accounts available
Consider first: No cTrader support; Varying minimum deposits by payment method.
FP Markets vs Exness: category-by-category winners
Last checked 2026-09-03
| Category | Winner | Why |
|---|---|---|
| Trading costs (spread + commission) | Tie | It depends on the account. On spread-only accounts Exness is cheaper in our data (EUR/USD from 0.2 pips versus 1.0 pips on FP Markets Standard). On raw accounts FP Markets is cheaper ($6 round turn versus $7 at Exness, both from 0.0 pips). |
| Platforms | FP Markets | FP Markets records MT4, MT5, cTrader, TradingView and IRESS. Exness records MT4, MT5 and Exness Terminal; the dataset lists no cTrader support as a limitation. |
| Regulation and safety by entity | FP Markets | FP Markets onboards clients through ASIC and CySEC entities and records only five restricted countries. Exness holds FCA and CySEC authorisations but lists the UK and EU as restricted, so most retail clients sit under its Seychelles entity with Financial Commission membership. |
| Deposits and withdrawals | Exness | Exness is recorded with instant withdrawals and more than 60 base currencies. FP Markets offers ten base currencies, PayPal and crypto funding and charges no inactivity fee, whereas Exness records an inactivity fee after three months. |
| Account minimums | Exness | Exness Standard is recorded at $10 against $100 for FP Markets Standard and Raw. For raw-style accounts the gap narrows: Exness records $200 for its raw tier versus $100 at FP Markets. |
| Beginner-friendliness | FP Markets | FP Markets' 100% margin call and 50% stop-out close losing positions well before the account is empty, and its regulated entities add protection. Exness is cheaper to start but its 0% stop-out and unlimited-leverage option are unforgiving for a first account. |
| Scalping and EA suitability | Exness | Exness records a 10 ms execution figure, unlimited maximum volume and named liquidity providers. FP Markets' A-book ECN model and cTrader support are excellent for algorithmic trading, but its recorded volume cap is 100 lots per order. |
Trading costs (spread + commission)
Winner: Tie
It depends on the account. On spread-only accounts Exness is cheaper in our data (EUR/USD from 0.2 pips versus 1.0 pips on FP Markets Standard). On raw accounts FP Markets is cheaper ($6 round turn versus $7 at Exness, both from 0.0 pips).
Platforms
Winner: FP Markets
FP Markets records MT4, MT5, cTrader, TradingView and IRESS. Exness records MT4, MT5 and Exness Terminal; the dataset lists no cTrader support as a limitation.
Regulation and safety by entity
Winner: FP Markets
FP Markets onboards clients through ASIC and CySEC entities and records only five restricted countries. Exness holds FCA and CySEC authorisations but lists the UK and EU as restricted, so most retail clients sit under its Seychelles entity with Financial Commission membership.
Deposits and withdrawals
Winner: Exness
Exness is recorded with instant withdrawals and more than 60 base currencies. FP Markets offers ten base currencies, PayPal and crypto funding and charges no inactivity fee, whereas Exness records an inactivity fee after three months.
Account minimums
Winner: Exness
Exness Standard is recorded at $10 against $100 for FP Markets Standard and Raw. For raw-style accounts the gap narrows: Exness records $200 for its raw tier versus $100 at FP Markets.
Beginner-friendliness
Winner: FP Markets
FP Markets' 100% margin call and 50% stop-out close losing positions well before the account is empty, and its regulated entities add protection. Exness is cheaper to start but its 0% stop-out and unlimited-leverage option are unforgiving for a first account.
Scalping and EA suitability
Winner: Exness
Exness records a 10 ms execution figure, unlimited maximum volume and named liquidity providers. FP Markets' A-book ECN model and cTrader support are excellent for algorithmic trading, but its recorded volume cap is 100 lots per order.
Which broker should you choose?
Last checked 2026-09-03
Choose FP Markets if…
- You want to be onboarded by an ASIC or CySEC entity.
- You trade on cTrader or TradingView, or want DMA share CFDs via IRESS.
- You trade a raw account and prefer the lower $6 round-turn commission.
- You want a conservative 100% margin call / 50% stop-out structure.
Choose Exness if…
- You trade a commission-free account and want the tighter recorded spread (from 0.2 pips).
- You need instant withdrawals or an account balance in a local currency.
- You start with $10 rather than $100.
- You run high-frequency or EA strategies and want no maximum volume cap.
Legal entities and country differences
Last checked 2026-09-03
FP Markets: ASIC (Australia), CySEC (Cyprus), FSCA (South Africa) and CMA (Kenya) licences, with registrations in Seychelles and Mauritius. Investor Compensation Fund cover applies to eligible CySEC clients; ASIC clients rely on segregated client money rather than a compensation scheme. Restricted: US, Iran, North Korea, Syria, New Zealand.
Exness: FSA Seychelles, CySEC, FCA and FSCA authorisations with Financial Commission membership. Because the UK and EU are recorded as restricted regions, the FCA and CySEC entities are not the ones most retail traders are onboarded by. The unlimited-leverage option is only available on the offshore entity.
Final verdict: FP Markets vs Exness
Last checked 2026-09-03
Both brokers score 4.8 in the Brokeradar editorial assessment, so the verdict is a profile match rather than a ranking. FP Markets is the better choice for traders who prioritise a tier-one regulated entity, platform choice and a lower raw commission. Exness is the better choice for traders who prioritise spread-only pricing, withdrawal speed, a tiny entry deposit and unrestricted position sizing. If you cannot decide, the entity you would be onboarded by should settle it: an ASIC or CySEC account at FP Markets offers more protection than an offshore account at either broker.
FP Markets vs Exness: frequently asked questions
Last checked 2026-09-03
Is FP Markets or Exness cheaper?
Neither wins outright. Exness' spread-only account records EUR/USD from 0.2 pips against 1.0 pips at FP Markets Standard. FP Markets' Raw account records $6 round turn against $7 at Exness, both from 0.0 pips. Pick the account type first, then compare.
Which broker has better regulation?
FP Markets, for most clients. Its ASIC and CySEC entities actively onboard retail traders, whereas Exness' FCA and CySEC entities do not serve the retail markets recorded as restricted in our dataset, leaving the Seychelles entity as the default.
Does Exness support cTrader?
No. Exness is recorded with MT4, MT5 and its own Exness Terminal. FP Markets offers cTrader alongside MT4, MT5 and TradingView.
Which is better for scalping?
Exness on recorded execution speed (10 ms) and unlimited volume; FP Markets on commission ($6 vs $7 round turn) and A-book execution. Both permit scalping without restriction.
Which broker has the lower minimum deposit?
Exness at $10 for its Standard account versus $100 at FP Markets. For raw accounts, FP Markets' $100 is lower than the $200 recorded for Exness.
Sources and verification
Last checked 2026-09-03
Figures on this page come from the Brokeradar dataset and should be verified against the official broker pages and regulator registers below before you fund an account. Entity, leverage and fee schedules change and vary by country.