FP Markets vs FXTM: Which Broker is Better for Traders in 2025?

This article compares and contrasts FP Markets vs FXTM by exploring their notable aspects and discussing their trading platforms, costs, regulations, and performance for the year 2025.

While both brokers are well known to worldwide traders, each one has distinct benefits. I will identify the one broker that best fits your trading style and experience.

What is FP Markets?

Established in 2005, FP Markets has become a prominent forex and CFD broker, and has earned a reputation as a truly global business.

Australian regulation, as well as regulation by the Cyprus securities and Exchange Commission, means that FP Martkets is able to offer its clients adequate and comprehensive coverage in the protection of their rights.

This shield consists of forex, commodities, indexes, stocks, and even cryptos, within a well designed and varied ecosystem of advanced trading interfaces. Meta Trader 4, Meta Trader 5 and cTrader are useful and sophisticated interfaces designed both for novice as well as seasoned traders.

Widely and justifiably admired for their reliability and for the competitiveness of their trading environments, FP Markets always embodies the well earned reputation of their clients all over the world.

What is FXTM?

Established in 2011, ForexTime (FXTM) is one of the top global online forex and CFD brokers. They have built a strong reputation, especially due to their multiple regulatory approvals from the UK’s Financial Conduct Authority (FCA) and the Cyprus Securities and Exchange Commission (CySEC) which ensures safe and clear trading.

Among all other brokers, FXTM stands out in terms of trading instruments. They have forex, commodities, indices, metals, and even crypto.

They cater to all levels of traders by providing access to the MetaTrader 4 and 5 platforms. FXTM is widely popular with traders all over the world for their educational materials, competitive spreads, varied leverage, and flexible trading conditions.

Key Differences Between FP Markets vs FXTM

Which Broker is Better for You?

Choose FP Markets for…

• Tight spreads and low trading costs on ECN/Raw accounts.
• Frequent trading, algorithmic trading and the need for ultra-fast execution. 
• Trading on an extensive array of instruments (forex + CFDs + shares + crypto) and on several platforms (MT4, MT5, cTrader etc).
• Strong and secure regulation and fund protection like Australian regulation.

Choose FXTM for…

• New traders and those looking for flexible account types with low entry value (some accounts offer low deposit levels).
• Brokers with comprehensive educational and support materials for learning and trading.
• Access to a reasonable array of instruments under a regulated brand with multiple jurisdictions.
• Understanding the risks of high volatility trading with very high leverage.

Regulation and Security

FP Markets

• Top-Tier Regulation: The company is regulated by Australian Securities and Investments Commission (ASIC) and Cyprus Securities and Exchange Commission (CySEC) which meets the global regulation standards.
• Client Fund Protection: All client funds are protected in segregated bank accounts which ensures that client funds are separated from the company’s funds during day to day operations.
• Investor Compensation Scheme: FP Markets’ European unit (under CySEC) adds protection to traders by subscribing to the Investor Compensation Fund (ICF).
• Data Security: The broker employs secure payment gateways and SSL encryption which are the industry standards in protection of user data.

FXTM (ForexTime)

• Global Regulation: FXTM is regulated by the Financial Conduct Authority (FCA) in the UK, CySEC in Cyprus, and the Financial Sector Conduct Authority (FSCA) in South Africa among others.
• Segregated Accounts: Client funds are kept in segregated bank accounts for enhanced safety and transparency.
• Investor Protection: Since FXTM is regulated by the FCA and CySEC, we provide compensation on investor funds and offer negative balance protection.
• Data Encryption: Safe data transmission and protection against unauthorized access is supported by the use of powerful encryption tools and secure platforms.

Trading Conditions

Deposit & Withdrawals

Platforms & Tools

Funding and Fees

Pros & Cons

Pros & Cons FP Markets

Pros:

• Ultra-competitive spreads on Raw ECN accounts, making it cost-efficient for active traders.
• Traders can select from several platforms and use one that best suits their trading style; they have MT4, MT5, cTrader, and even TradingView.
• Top-tier regulators like the Australian Securities and Investments Commission and Cyprus Securities and Exchange Commission have endorsed and approved this broker.
• Offers a lot of instruments (forex, stocks, commodities, and cryptos) with swift execution.
• Generally, a clear and open fee structure, with many convenient payment ways.

Cons:

• Their minimum deposit can limit novice traders.
• Compared to other brokers, this one has a higher gap in their education and research materials.
• No proprietary platform (relies on third-party platforms) which some traders may prefer.
• In some cases, withdrawal difficulties and regional limitations.

Pros & Cons FXTM (ForexTime)

Pros:

• Multiple jurisdictions approve of this broker making it global and easy to access which include the Financial Conduct Authority in the UK and CySEC.
• $10 minimum deposit required which is very easy to access for new traders.
• Especially on ECN/Pro accounts, very competitive spreads and leverage. These accounts are very cost-effective which is a bonus for many traders.
• Excellent educational materials and supportive interfaces for beginners.

Cons:

• Withdrawal and inactivity fees might be charged depending on the region and payment method.
• Variable spreads can be problematic — standard accounts might include wider spreads and less favorable conditions.
• The range of offered asset classes is somewhat limited (e.g., proprietary platforms may lack options and futures) and proprietary platforms can be improved.

Customer Support

Both FP Markets and FXTM equip traders with high-quality customer support, irrespective of their experience level. FP Markets has the reputation of being fast and knowledgeable, and offers support 24/5 on 3 different channels, which are 3 forms of telecommunication (chat, phone, and email).

FXTM has support that is extensive in language coverage, is regionally localized over the phone in multiple regions and has support 24/5, along with dedicated account managers for some clients. FXTM’s tailored customer support schemes are accessible for novice traders, making it easier for traders to get the help that is needed.

This contrasts with FP Markets which is more for seasoned traders. All in all, both brokers are accessible through a support system, with FP Markets being more aimed at professional traders, while FXTM is more aimed at primary traders.

Conclusion

Both FP Markets and FXTM are reputable, well-regulated, and well-acclaimed brokers for different traders’ needs. FP Markets prides itself for having best ECN market spreads, sophisticated and innovative platforms, as well as quick order execution speeds which best accommodates seasoned and institutional traders that are looking for transparent and low cost environment.

In contrary, FXTM focuses on having flexibility, ease of access, and robust educational materials that highly supports novice and mid-tier traders.

In this case, if your priority is trading with highly sophisticated instruments, tactical market entry, and well-calibrated execution, then FP Markets would work best for you. If your priority is affordable entry points and adequate educational materials, then FXTM would be the right choice.

FAQ