FP Markets
XTB
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Overview
FP Markets was founded in 2005 and is headquartered in Australia, while XTB was established in 2002 and is based in Poland. FP Markets holds licences including Australian Securities and Investment Commission (ASIC), while XTB is regulated by Financial Conduct Authority (FCA) among others. FP Markets serves 10,000+ clients worldwide; XTB has 250,000+. The minimum deposit is $100 at FP Markets and $0 at XTB.
| Feature | FP Markets | XTB |
|---|---|---|
| Min. Deposit | $100 | $0 |
| Regulation | Australian Securities and Investment Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC) | Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisi├ó╦å┼í├óÔÇ░┬Ñn Nacional del Mercado de Valores, Komisja Nadzoru Finansowego |
| Founded | 2005 | 2002 |
| Country | Australia | Poland |
| Clients | 10,000+ | 250,000+ |
Fees
Fees are a critical factor when choosing between FP Markets and XTB, directly affecting your bottom line as a trader. XTB has a lower barrier to entry with a minimum deposit of $0 (vs $100 at FP Markets). XTB charges withdrawal fees while FP Markets does not, giving FP Markets an edge for frequent withdrawers. FP Markets charges deposit fees; XTB does not. Overall, XTB scores higher on fees in our assessment.
| Feature | FP Markets | XTB |
|---|---|---|
| Min. Deposit | $100 | $0 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | No |
| CFD Fees | Yes | Yes |
Platforms
FP Markets offers MT4, MT5, cTrader, while XTB supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Both brokers support copy or social trading, catering to less hands-on investors. The two brokers are closely matched on platform offering.
| Feature | FP Markets | XTB |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4, MT5, IRESS, Mac, Web Trader, Tablet & Mobile apps | MT4, Mirror Trader, Web Trader, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how FP Markets and XTB compare. Both brokers run regular live webinars. Both provide video tutorials, including advanced content. Daily market commentary is available from both brokers. Both integrate third-party research tools including Trading Central. Archived webinars are available at both brokers for self-paced learning. XTB scores higher overall in education and research.
| Feature | FP Markets | XTB |
|---|---|---|
| Forex Education | No | Yes |
| CFD Education | Yes | Yes |
| Weekly Webinars | Yes | Yes |
| Daily Commentary | Yes | Yes |
| Trading Central | Yes | Yes |
| Autochartist | No | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. FP Markets accepts 5 of the tracked payment methods (bank transfer, credit/debit card, PayPal, Skrill, Neteller), while XTB supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). Both brokers support the same set of payment methods.
| Feature | FP Markets | XTB |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | Yes | Yes |
| Skrill | Yes | Yes |
| Neteller | Yes | Yes |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both FP Markets and XTB offer live chat support. Both provide phone support. Email support is available at both brokers. XTB offers multilingual support. Both brokers are comparable on support quality.
| Feature | FP Markets | XTB |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | Not available | English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian, and Turkish |