This comparison guide assists users that battle to pick between FP Markets and XTB to discover the best online broker for their trading and financial investment needs. It examines the main features of the two brokers side by side to help users contrast their solution and make an informed choice.
To assist individuals choose the appropriate broker in between FP Markets and XTB to discover the best-suited system, below is a listing of broker’s advantages and disadvantages, followed by a contrast of their primary trading functions, consisting of trading systems & tools, costs, mobile trading, down payment & withdrawal, possessions, law, and customer assistance.
FP Markets vs. XTB: Summary
FP Markets is a multi-asset broker regulated by two tier-one regulators (the CySEC and ASIC). It offers access to over 10,000 tradable symbols across a variety of markets including forex, shares, commodities, cryptocurrencies and CFDs. FP Markets charges low spreads from 0.1 pips (EUR/USD) on their cTrade and MetaTrader accounts without any commission. The broker also offers negative balance protection, up to 30:1 leverage and access to a free NY4 VPS server.
The minimum deposit at FT Markets is $100. Their customer service is available 24/7 by phone, email and live chat.
XTB is an international multi-asset broker founded in 2002. It is regulated by two-tier one regulators (the FCA and MiFID) and therefore considered trustworthy. The brokers offers access to 12,000 tradable symbols including 5,400 CFDs on forex, indices, commodities, stocks, ETFs, and cryptocurrencies.
XTB has a proprietary platform (xStation 5) that features extensive trading and research tools including market news, up-to-date price tables, and market calendars. Users can also use various order types and risk management features such as stop-loss orders and negative balance protection. Besides its feature rich proprietary platforms, XTB offers limited MT4 integration.
XTB trading fees are in line with the industry average. They charge an average spread of 0.91 pips (EUR/USD), and also offer spread rebates between 5% to 30% on active trading. XTB also charges inactivity fees of $10/month after 12 months of inactivity.
Pros
- Low minimum deposit ($100)
- Low spreads from 0,0 pips EUR/USD
- Compatibility with MT4, MT5 and cTrader
- Free VPS server
- Fast account opening
Cons
- Only CFD and forex trading
- Demo account is not unlimited
Pros
- Low minimum deposit ($10)
- Competitive trading fees
- Great research and education materials
- MT4 compatibility
- Cashback rebates and free paper trading account
- Feature rich and intuitive mobile app
Cons
- Only CFD trading
- Charges inactivity fees
Key features
- Access to 10,000 tradable symbols (CFDs on forex, stocks, ETFs..)
- Compatibility with MT4, MT5 and cTrader
- MAM/PAMM accounts availability
- Islamic account availability
- Excellent copy trading features (Myfxbook Autotrade)
- Wide range of advanced trading tools (Autochartist, Traders Toolbox)
Key features
- Access to 12,000 financial instruments
- Free Stock and ETF trading
- Daily market analysis videos, price tables, and economic calendar
- Micro-lot trading available
- Beginner-friendly mobile app (xStation Mobile)
- Multi-lingual support in English, Arabic and over 10 other languages
FP Markets vs. XTB Comparison
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FP Markets
XTB
BROKER COMPARISON
Trading Platform & Tools
Automated Trading | ||
Charting Tools | ||
Conditional Orders | ||
cTrader | ||
Demo Account | ||
Desktop Platform | ||
Max Leverage | 1:500 | 1:500 |
MetaTrader 4 (MT4) | ||
MetaTrader 5 (MT5) | ||
Mobile Version | ||
Mutual Fund Management | ||
Proprietary Platform | ||
Social/Copy Trading | ||
Trading Alerts | ||
Trading signals | ||
Watchlist | ||
Web Version |
Fees
Withdrawal Fee | 0 | $0 |
Deposit Fee | 0 | $0 |
Inactivity Fee | 0 | |
Cost Per Trade | 0 | 0 |
Cost Per Month | 0 | €12 |
Forex (EUR/USD) | $3 per lot per trade + 0 pips | 1.0 pips |
Stocks & ETF | 0.13 pips | 0 |
CFD (Gold) | 0.13 pips | 1.19 pips |
Crypto | 9.13 pips | 100 pips |
Options | 0 | 0 |
Conversion Fees | 0 | 0 |
Misc. Fees | 0 | 0 |
Overnight Fees |
Deposit & Withdrawal
Minimum deposit (in UAE) | 0 | $0 |
Bank Wire | ||
Credit/Debit Card | ||
Cash | ||
Check | ||
Islamic Account Transfer | ||
E-payments | ||
Paypal | ||
Skrill | ||
Neteller |
Assets
Shares | 0 | 0 |
ETF & Funds | 0 | 0 |
Crypto | 0 | 0 |
Commodities | 0 | 0 |
Indices | 0 | 0 |
Options | 0 | 0 |
Futures | 0 | 0 |
Bonds | 0 | 0 |
Forex Instruments | 63 | 57 |
CFD Indices & Funds | 14 | 37 |
CFD Stocks | 9000 | 1796 |
CFD Commodities | 10 | 23 |
CFD Crypto | 4 | 10 |
CFD Bonds | 2 | 0 |
Binary Options | 0 | 0 |
SWAPS | 0 | 0 |
Saving Plans | 0 | 0 |
Research & Education
Webinars | ||
Educational Resources | ||
Daily News Updates | ||
Market Indepth Analysis | ||
Pers. Training & Room | ||
Market Research |
Customer Support
Phone | ||
Live Chat | ||
24/7 support | ||
Multilingual | ||
Personal Account Manager |
Winner
FP Markets vs. XTB Comparison Conclusion
The outcomes of our comparison of FP Markets vs. XTB are involved the table below.
Broker: | Best For: |
FP Markets | Forex and CFD trading with low fees |
XTB | Forex and CFDs; Beginners and intermediate traders |
Picking the right choice between FP Markets and XTB can be challenging. Both on the internet brokers have resemblances but differ relating to trading tools, platforms & applications, law, down payment & withdrawals, and research and education and learning. Picking the very best broker depends on users’ trading & financial investment objectives, individual preferences, and experience level.
To make a better-informed decision, users can read our detailed broker reviews, comparison or use our broker selector to help them find the ideal broker.