FM
FP Markets
3.8 / 5Score: 3 / 5
Two decades of tier-1 regulated trading with razor-thin spreads and top-tier charting flexibility.
- Min deposit
- $100
- Max leverage
- 1:500
- Spread from
- 0 pips
- Regulators
- ASIC, CySEC
Reviewed by Experts Updated 8/21/2026
FP Markets vs Exness: Which Broker Wins in 2026?
FP Markets and Exness are both well-established forex and CFD brokers, but they appeal to slightly different traders. FP Markets edges ahead overall with tighter spreads and a longer track record, while Exness counters with a rock-bottom minimum deposit and broader regulatory footprint.
E
Exness
3.8 / 5Score: 2 / 5
Ultra-low $10 entry point paired with multi-jurisdiction regulation makes trading accessible from day one.
- Min deposit
- $10
- Max leverage
- 1:2000
- Spread from
- 0.1 pips
- Regulators
- FCA, CySEC, FSCA
Overall Winner
FP Markets
Best for Beginners
Exness
Lowest Fees
FP Markets
Top Regulation
Exness
Side-by-side comparison
Core features compared head-to-head.
| Feature | FM FP Markets | E Exness |
|---|---|---|
| Overview | ||
| Rating | 3.8 / 5 | 3.8 / 5 |
| Founded | 2005 | 2008 |
| Headquarters | Sydney, Australia | Limassol, Cyprus |
| Regulation | ASIC, CySEC | FCA, CySEC, FSCA |
| Fees & Limits | ||
| Min Deposit | $100 | $10 |
| Spreads From | 0 pips | 0.1 pips |
| Commission | $3/lot | $3.5/lot |
| Max Leverage | 1:500 | 1:2000 |
| Platforms & Markets | ||
| Trading Platforms | MT4, MT5, TradingView, Proprietary Mobile | MT4, MT5, Proprietary Mobile |
| Markets Offered | Forex, Cfd, Stocks, Indices, Commodities, Crypto | Forex, Cfd, Crypto, Stocks, Indices, Commodities |
Trading & non-trading fees
Min Deposit
FP Markets
$100
Exness
$10
Spreads From
FP Markets
0 pips
Exness
0.1 pips
Commission
FP Markets
$3/lot
Exness
$3.5/lot
Deposit Fees
FP Markets
None
Exness
None
Withdrawal Fees
FP Markets
None
Exness
None
Pros & cons
FM
FP Markets
Pros
- Tighter raw spreads starting from 0.0 pips
- Longer operational track record since 2005
- Wider platform selection including TradingView integration
- Zero deposit and withdrawal fees
- Strong tier-1 regulatory oversight via ASIC and CySEC
- Higher overall rating on our independent scoring system
Cons
- Higher minimum deposit of $100 compared to competitors
- Lower maximum leverage cap at 1:500
- Fewer regulatory licences than some multi-jurisdiction rivals
- Commission still applies on raw spread accounts
E
Exness
Pros
- Extremely low $10 minimum deposit
- Higher maximum leverage up to 1:2000
- Broader regulatory coverage across three jurisdictions
- Zero deposit and withdrawal fees
- Simple, reliable MetaTrader platform support
- Strong appeal for beginner traders
Cons
- Wider starting spreads at 0.1 pips versus rivals
- Slightly higher commission at $3.50 per lot
- No TradingView integration for advanced charting
- Higher leverage increases risk exposure for inexperienced traders
- Shorter operating history dating to 2008
Our expert verdict
Editor's verdict
Overall winner FP Markets
Lowest fees FP Markets
Best regulation Exness
Better for beginners Exness
FP Markets takes the win in our 2026 comparison, scoring 3.84/5 against Exness's 3.77/5 on our independent rating system. The deciding factors are FP Markets' tighter 0.0 pip spreads and longer 20-year operating history versus Exness's 0.1 pip starting spread. That said, Exness is far from a runner-up — its $10 minimum deposit and three-jurisdiction regulatory coverage make it a compelling pick for beginners and cost-conscious traders who want in with less capital.
Regulation & Safety
Both brokers operate under credible, tier-1 oversight, so neither can be dismissed as a safety risk. FP Markets is regulated by ASIC in Australia and CySEC in Cyprus, two of the more rigorous regulatory bodies in the retail trading space.
Exness, by comparison, holds licences from the FCA, CySEC, and FSCA — three separate jurisdictions spanning the UK, Europe, and South Africa. That breadth of coverage is why Exness takes our award for best regulatory footprint.
For traders who value having a regulator physically close to their home region, Exness's wider net may matter more than FP Markets' narrower but still robust two-license structure. Ultimately, both firms clear the bar for trustworthiness.
Fees & Spreads
Cost is where FP Markets pulls ahead most clearly. Spreads start from 0.0 pips at FP Markets compared to 0.1 pips at Exness, a small but meaningful difference for high-frequency and scalping traders.
Commission structures are close: FP Markets charges $3 per lot while Exness charges $3.50 per lot. Neither broker charges deposit or withdrawal fees, which keeps the overall cost picture simple and transparent for both platforms.
For traders running high volumes, FP Markets' tighter raw spreads generally translate into lower total trading costs over time, even with a near-identical commission schedule.
Minimum Deposit & Accessibility
Exness is the clear winner for accessibility. Its $10 minimum deposit is a fraction of FP Markets' $100 requirement, making it far easier for beginners or traders testing strategies with minimal capital exposure.
This gap is significant enough that Exness earns our award for best broker for beginners. New traders who aren't ready to commit substantial funds can open a live account and start trading almost immediately.
FP Markets' higher deposit threshold isn't prohibitive, but it does position the broker slightly more toward traders who are ready to fund an account with a more meaningful stake from day one.
Trading Platforms & Tools
FP Markets supports a broader platform suite: MT4, MT5, TradingView, and a proprietary mobile app. The inclusion of TradingView is a notable edge, giving traders access to advanced charting and social trading features many rivals lack.
Exness sticks to the more traditional combination of MT4, MT5, and its own proprietary mobile app. This is a perfectly capable setup, but it lacks the extra charting flexibility TradingView integration provides.
Traders who rely heavily on custom indicators or third-party charting tools will likely favor FP Markets' platform lineup, while those content with standard MetaTrader tools will find Exness sufficient.
Leverage & Markets Offered
Exness offers substantially higher maximum leverage at 1:2000 compared to FP Markets' 1:500 cap. Aggressive traders seeking maximum capital efficiency may find this appealing, though higher leverage also raises risk exposure.
Both brokers offer a comparably broad range of markets, including forex, CFDs, stocks, indices, commodities, and crypto, so market access is essentially a wash between the two.
The leverage gap is the more relevant differentiator here — traders should weigh Exness's flexibility against the added risk management discipline that lower leverage at FP Markets naturally encourages.
Our Verdict
FP Markets is the stronger all-round choice for most traders in 2026, thanks to tighter spreads, a longer operating history dating back to 2005, and a more versatile platform suite that includes TradingView.
Exness remains highly competitive, particularly for beginners and smaller-budget traders thanks to its $10 minimum deposit, and for those who prioritize wide regulatory coverage across multiple jurisdictions.
Your choice ultimately comes down to priorities: pick FP Markets for lower-cost trading and platform variety, or Exness for accessibility and higher leverage flexibility.
Verdict summary
The bottom line — category winners and our final pick based on ratings.
Editor's verdict
It's a tie
FP Markets and Exness are evenly matched in our ratings — your best choice depends on your specific trading style and platform preference.
Visit FP MarketsCategory winners
Overall winner
Based on overall expert rating (3.8/5).
TieBetter for beginners
Stronger onboarding and educational resources.
ExnessLower trading costs
More competitive spreads and baseline commissions.
FP MarketsStronger regulation
Higher trust based on tier-1 regulatory oversight.
Exness
Frequently asked questions
FP Markets edges out Exness on our independent rating system, scoring 3.84/5 versus 3.77/5. The margin comes down largely to tighter spreads and a longer operating history, though Exness counters with a lower minimum deposit and broader regulatory coverage. Your ideal choice depends on whether you prioritize cost efficiency or accessibility.
FP Markets offers spreads starting from 0.0 pips compared to Exness's 0.1 pips, giving it a slight edge on raw cost. Commission is also marginally lower at FP Markets at $3 per lot versus $3.50 per lot at Exness. Neither broker charges deposit or withdrawal fees, keeping overall costs transparent.
FP Markets requires a minimum deposit of $100, while Exness only requires $10 to open a live account. This makes Exness significantly more accessible for beginners or traders wanting to test strategies with minimal capital at risk.
FP Markets is regulated by ASIC and CySEC, both respected tier-1 regulators. Exness holds licences across three jurisdictions — the FCA, CySEC, and FSCA — giving it a broader regulatory footprint. Both are considered safe, but Exness wins on breadth of oversight.
FP Markets supports MT4, MT5, TradingView, and a proprietary mobile app, giving traders access to advanced third-party charting tools. Exness supports MT4, MT5, and its own proprietary mobile app, a more traditional but still fully functional setup.
Exness offers significantly higher maximum leverage at up to 1:2000, compared to FP Markets' cap of 1:500. While higher leverage can increase potential returns, it also raises risk exposure, so traders should apply appropriate risk management regardless of the cap available.
Exness is generally considered the more beginner-friendly option due to its $10 minimum deposit and straightforward platform setup, earning it our award for best broker for beginners. FP Markets is still approachable for newer traders, but its $100 minimum deposit requires slightly more upfront commitment.
Yes, there's nothing preventing you from holding accounts at both brokers simultaneously. Many traders diversify across multiple platforms to access different spreads, leverage limits, and platform tools depending on their strategy.
FP Markets' tighter starting spreads of 0.0 pips make it generally more favorable for scalpers and high-frequency traders who are sensitive to small cost differences on every trade. Exness's 0.1 pip starting spread is still competitive but slightly less optimal for ultra-short-term strategies.
Risk warning: Trading CFDs and forex involves significant risk of loss and is not suitable for all investors. Please consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.