FP Markets
A veteran multi-asset broker built for traders who want tight spreads, deep leverage, and institutional-grade platforms all in one place.
- Min deposit
- $100
- Max leverage
- 1:500
- Spread from
- 0 pips
- Regulators
- ASIC, CySEC
FP Markets and Freedom Finance take very different approaches — one built for active multi-asset traders, the other for cost-conscious beginners. Here's how they stack up on fees, regulation, platforms, and overall value.
A veteran multi-asset broker built for traders who want tight spreads, deep leverage, and institutional-grade platforms all in one place.
A zero-minimum-deposit broker with layered global regulation, built for cautious newcomers who want to start small and stay compliant.
Core features compared head-to-head.
| Feature | FM FP Markets | FF Freedom Finance |
|---|---|---|
| Overview | ||
| Rating | 3.8 / 5 | 3.3 / 5 |
| Founded | 2005 | 2008 |
| Headquarters | Sydney, Australia | Almaty, Kazakhstan |
| Regulation | ASIC, CySEC | SEC, BaFin, CySEC |
| Fees & Limits | ||
| Min Deposit | $100 | $0 |
| Spreads From | 0 pips | 0 pips |
| Commission | $3/lot | $2/lot |
| Max Leverage | 1:500 | 1:5 |
| Platforms & Markets | ||
| Trading Platforms | MT4, MT5, TradingView, Proprietary Mobile | Proprietary Web, Proprietary Mobile |
| Markets Offered | Forex, Cfd, Stocks, Indices, Commodities, Crypto | Stocks, Etf, Crypto, Forex |
FP Markets
$100
Freedom Finance
$0
FP Markets
0 pips
Freedom Finance
0 pips
FP Markets
$3/lot
Freedom Finance
$2/lot
FP Markets
None
Freedom Finance
None
FP Markets
None
Freedom Finance
None
FP Markets is our recommended pick overall, scoring 3.8/5 versus Freedom Finance's 3.3/5 on our independent rating system. FP Markets pulls ahead thanks to its deeper leverage ceiling, wider platform selection, and broader market access, while Freedom Finance remains a compelling alternative for beginners thanks to its $0 minimum deposit and coverage across three regulatory jurisdictions.
FP Markets operates under the oversight of ASIC and CySEC, two regulators known for strict capital adequacy and client fund segregation requirements. This gives traders a solid layer of protection, particularly for those based in Australia or the EU/EEA region.
Freedom Finance holds licences from the SEC, BaFin, and CySEC, spreading its regulatory coverage across three distinct jurisdictions. For traders who prioritise breadth of oversight over depth in any single market, Freedom Finance's multi-regulator structure offers added peace of mind.
Neither broker carries any major red flags in our research, and both maintain segregated client funds with no deposit or withdrawal fees. The choice here largely comes down to whether you value concentrated top-tier regulation or diversified regulatory coverage.
Both brokers advertise spreads starting from 0 pips, putting them on equal footing at the headline level. The real differentiator is commission: FP Markets charges $3 per lot, while Freedom Finance charges just $2 per lot, giving it a slight edge on pure trading costs.
However, FP Markets' raw pricing model paired with tight institutional-style spreads can still work out cheaper for high-volume or scalping traders once total cost per trade is calculated. Freedom Finance's lower commission may better suit lower-frequency investors focused on stocks and ETFs.
Neither broker charges deposit or withdrawal fees, which keeps funding costs neutral in this comparison. Ultimately, your trading style and volume will determine which fee structure saves you more money over time.
Freedom Finance's standout feature is its $0 minimum deposit, removing any financial barrier to opening a live account. This makes it especially attractive for beginners who want to test strategies with minimal upfront capital risk.
FP Markets requires a $100 minimum deposit, which is still relatively modest compared to many institutional-focused brokers but represents a real hurdle next to Freedom Finance's zero-dollar entry point.
For traders with very limited starting capital, Freedom Finance is clearly the more accessible option. But once capital is no longer the limiting factor, FP Markets' broader feature set may justify the higher entry threshold.
FP Markets offers an impressive platform lineup including MT4, MT5, TradingView, and a proprietary mobile app. This variety appeals strongly to algorithmic traders, chart-focused analysts, and anyone wanting flexibility across desktop and mobile environments.
Freedom Finance takes a simpler approach with proprietary web and mobile platforms only. While these are generally easier for newcomers to navigate, they lack the automated trading capabilities, custom indicators, and advanced charting tools available on MT4/MT5 or TradingView.
Traders who rely on Expert Advisors, custom scripts, or third-party charting tools will find FP Markets' platform ecosystem far more accommodating. Those who simply want a clean, no-frills interface may prefer Freedom Finance's streamlined proprietary tools.
FP Markets offers leverage up to 1:500, giving experienced traders significant capital efficiency, though this also raises risk considerably for undisciplined trading. Freedom Finance caps leverage at a much more conservative 1:5, which limits both upside and downside risk substantially.
In terms of market breadth, FP Markets provides access to six categories — forex, CFDs, stocks, indices, commodities, and crypto — making it a genuinely diversified multi-asset platform. Freedom Finance covers four categories, with an apparent tilt toward stocks and ETFs alongside crypto and forex.
Traders seeking maximum flexibility and diversification will lean toward FP Markets, while conservative or equity-focused investors may find Freedom Finance's narrower, lower-leverage approach better aligned with their risk tolerance.
FP Markets earns our recommendation as the stronger overall broker, scoring 3.8/5 against Freedom Finance's 3.3/5 on our independent rating system. It wins decisively on leverage, platform variety, market breadth, and operating history.
Freedom Finance remains a very reasonable choice for beginners and cost-conscious traders, particularly thanks to its $0 minimum deposit and broader regulatory coverage across the SEC, BaFin, and CySEC. It's a legitimate contender for those prioritising accessibility and layered compliance over advanced trading tools.
For most active traders, particularly those interested in forex, CFDs, and multi-asset diversification, FP Markets offers the stronger overall package. Beginners with very limited starting capital or a strong preference for simplified platforms may still find Freedom Finance the more comfortable starting point.
The bottom line — category winners and our final pick based on ratings.
FP Markets edges out Freedom Finance overall based on our expert rating score.
Highest Rated
FP Markets
3.8 / 5 / 5
Category winners
Overall winner
Based on overall expert rating (3.8/5).
Better for beginners
Stronger onboarding and educational resources.
Lower trading costs
More competitive spreads and baseline commissions.
Stronger regulation
Higher trust based on tier-1 regulatory oversight.
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.