FM
FP Markets
3.8 / 5Score: 2 / 4
High-leverage, multi-asset trading built for serious forex and CFD traders.
- Min deposit
- $100
- Max leverage
- 1:500
- Spread from
- 0 pips
- Regulators
- ASIC, CySEC
Reviewed by Experts Updated 10/9/2026
FP Markets vs OCBC Securities: Which Broker Wins in 2026?
FP Markets and OCBC Securities serve very different trader profiles, but only one delivers a stronger all-round package. Our independent research gives FP Markets the edge with a 3.8/5 rating against OCBC Securities's 3.3/5. Here's the full breakdown.
OS
OCBC Securities
3.3 / 5Score: 2 / 4
A zero-deposit entry point backed by four decades of Singapore banking heritage.
- Min deposit
- $0
- Max leverage
- 1:5
- Spread from
- 0 pips
- Regulators
- MAS
Overall Winner
FP Markets
Best for Beginners
OCBC Securities
Lowest Fees
FP Markets
Top Regulation
FP Markets
Side-by-side comparison
Core features compared head-to-head.
| Feature | FM FP Markets | OS OCBC Securities |
|---|---|---|
| Overview | ||
| Rating | 3.8 / 5 | 3.3 / 5 |
| Founded | 2005 | 1986 |
| Headquarters | Sydney, Australia | Singapore |
| Regulation | ASIC, CySEC | MAS |
| Fees & Limits | ||
| Min Deposit | $100 | $0 |
| Spreads From | 0 pips | 0 pips |
| Commission | $3/lot | $0.18/lot |
| Max Leverage | 1:500 | 1:5 |
| Platforms & Markets | ||
| Trading Platforms | MT4, MT5, TradingView, Proprietary Mobile | Proprietary Web, Proprietary Mobile, iOCBC |
| Markets Offered | Forex, Cfd, Stocks, Indices, Commodities, Crypto | Stocks, Etf, Indices, Forex |
Trading & non-trading fees
Min Deposit
FP Markets
$100
OCBC Securities
$0
Spreads From
FP Markets
0 pips
OCBC Securities
0 pips
Commission
FP Markets
$3/lot
OCBC Securities
$0.18/lot
Deposit Fees
FP Markets
None
OCBC Securities
None
Withdrawal Fees
FP Markets
None
OCBC Securities
None
Pros & cons
FM
FP Markets
Pros
- Higher overall rating of 3.8/5 on our independent scoring system
- Leverage up to 1:500 for traders who want greater capital efficiency
- Dual regulatory coverage across two tier-1 jurisdictions
- Broader market access spanning six asset classes
- Strong platform ecosystem with MT4, MT5, and TradingView
- No deposit or withdrawal fees
- Established track record since 2005
Cons
- Minimum deposit of $100 is higher than some competitors
- Commission of $3 per lot adds to overall trading costs
- High leverage can increase risk for inexperienced traders
- No dedicated proprietary desktop platform outside MetaTrader
OS
OCBC Securities
Pros
- No minimum deposit required to open an account
- Long-established institution with roots dating back to 1986
- Backed by MAS, a highly respected Asian regulator
- Low commission rate of $0.18 per lot
- No deposit or withdrawal fees
- Simple, accessible platforms for beginner investors
Cons
- Maximum leverage capped at just 1:5
- Narrower market access with only four asset classes
- Single-jurisdiction regulation compared to competitors
- Lacks MT4/MT5 or TradingView support for advanced traders
- Lower overall rating of 3.3/5 on our independent scoring system
Our expert verdict
Editor's verdict
Overall winner FP Markets
Lowest fees FP Markets
Best regulation FP Markets
Better for beginners OCBC Securities
FP Markets is our recommended pick overall, earning a 3.8/5 rating compared to OCBC Securities's 3.3/5 on our proprietary scoring system. FP Markets wins on leverage, regulatory breadth, market variety, and trading platform choice, making it the stronger option for most active forex and CFD traders. OCBC Securities still holds genuine appeal for cost-conscious beginners thanks to its $0 minimum deposit and long-standing Singapore heritage, but it simply can't match FP Markets's depth for traders who want flexibility and competitive trading conditions.
Regulation & Safety
Both brokers operate under respected, tier-1 financial authorities, so neither can be dismissed on safety grounds. FP Markets is regulated by ASIC in Australia and CySEC in Europe, giving it two separate regulatory licences across different jurisdictions.
OCBC Securities, by contrast, is regulated solely by the Monetary Authority of Singapore (MAS), one of the most respected financial watchdogs in Asia. While a single-jurisdiction licence is still robust, FP Markets's dual-regulation structure offers traders an extra layer of jurisdictional diversification and recourse.
For traders prioritizing regulatory breadth and cross-border oversight, FP Markets holds a slight structural advantage. That said, OCBC Securities's MAS licence will be the more relevant and reassuring credential for Singapore-based investors specifically.
Fees, Spreads & Commissions
Both brokers advertise spreads starting from 0 pips, putting them on equal footing at the headline level. The real differentiator lies in the commission structure layered on top of those spreads.
FP Markets charges a commission of $3 per lot, typical of a raw-spread ECN-style account built for active forex and CFD traders. OCBC Securities charges a markedly lower $0.18 per lot, reflecting its focus on equities and ETF brokerage rather than high-frequency forex trading.
Neither broker charges deposit or withdrawal fees, which is a welcome point of parity for cost-conscious traders on both sides. Overall fee competitiveness will depend heavily on your trading volume and asset focus — high-frequency forex traders may still find FP Markets's model more cost-effective in practice despite the higher per-lot commission.
Minimum Deposit & Accessibility
OCBC Securities clearly wins on raw accessibility, requiring no minimum deposit at all to open an account. This makes it an attractive entry point for beginners or those wanting to test the platform without committing capital upfront.
FP Markets requires a $100 minimum deposit, which remains modest by industry standards but is naturally a higher barrier than zero. For most traders with even a small amount of starting capital, this difference is unlikely to be a dealbreaker.
If your priority is starting with absolutely no upfront investment, OCBC Securities has the clear edge here. However, traders should weigh this against the broader trading conditions available once funded.
Leverage & Market Access
FP Markets offers significantly higher maximum leverage at 1:500, compared to OCBC Securities's considerably more conservative 1:5 cap. This gap is substantial and will matter greatly to traders who rely on leverage for forex and CFD strategies.
Market variety also favors FP Markets, which provides access to six asset classes: Forex, CFDs, Stocks, Indices, Commodities, and Crypto. OCBC Securities covers four categories — Stocks, ETFs, Indices, and Forex — reflecting its roots as a traditional securities brokerage.
Traders seeking a one-stop shop for diversified multi-asset trading, including crypto and commodities exposure, will find FP Markets far more accommodating. OCBC Securities remains better suited to investors focused primarily on traditional equities and ETFs.
Trading Platforms & Tools
FP Markets supports the industry-standard MetaTrader 4 and MetaTrader 5 platforms, alongside TradingView integration and a proprietary mobile app. This gives traders access to advanced charting, automated strategies, and a huge ecosystem of third-party tools and indicators.
OCBC Securities relies on its own proprietary web platform, a proprietary mobile app, and the iOCBC platform, all tailored toward securities trading rather than forex-specific execution.
For traders who value algorithmic trading, expert advisors, and broad charting flexibility, FP Markets's platform lineup is considerably more versatile. OCBC Securities's proprietary suite is functional and intuitive, but it lacks the third-party ecosystem that MT4/MT5 and TradingView traders have come to expect.
Our Verdict
Weighing all factors together, FP Markets earns the stronger overall rating of 3.8/5 against OCBC Securities's 3.3/5. It wins on regulation breadth, leverage, market diversity, and platform choice — four pillars that matter most to active traders.
OCBC Securities remains a credible, well-established option — particularly for Singapore-based beginners who want to start investing with zero upfront deposit and a long institutional pedigree dating back to 1986.
Ultimately, FP Markets offers the stronger all-round package for the majority of forex and CFD traders, while OCBC Securities serves a narrower but still valuable niche for low-capital, equity-focused beginners.
Verdict summary
The bottom line — category winners and our final pick based on ratings.
Editor's verdict
FP Markets wins overall
FP Markets edges out OCBC Securities overall based on our expert rating score.
FM
Highest Rated
FP Markets
3.8 / 5 / 5
Category winners
Overall winner
Based on overall expert rating (3.8/5).
FP MarketsBetter for beginners
Stronger onboarding and educational resources.
OCBC SecuritiesLower trading costs
More competitive spreads and baseline commissions.
FP MarketsStronger regulation
Higher trust based on tier-1 regulatory oversight.
FP Markets
Frequently asked questions
Based on our independent rating system, FP Markets scores higher overall at 3.8/5 compared to OCBC Securities's 3.3/5. FP Markets edges ahead thanks to broader regulation, higher leverage, and wider market access, though your ideal choice still depends on your specific trading goals and preferred asset classes.
Both brokers advertise spreads starting from 0 pips, but their commission structures differ considerably. FP Markets charges $3 per lot, typical for an ECN-style forex account, while OCBC Securities charges a lower $0.18 per lot, reflecting its equity and ETF-focused brokerage model.
FP Markets requires a minimum deposit of $100 to open an account, while OCBC Securities requires no minimum deposit at all. This makes OCBC Securities the more accessible option for beginners with limited starting capital.
FP Markets is regulated by both ASIC in Australia and CySEC in Europe, giving it coverage across two tier-1 jurisdictions. OCBC Securities is regulated solely by the Monetary Authority of Singapore (MAS), a highly respected single-jurisdiction regulator. Both are considered safe, but FP Markets offers broader regulatory diversification.
FP Markets supports MetaTrader 4, MetaTrader 5, TradingView, and a proprietary mobile app, giving traders access to advanced charting and automated trading tools. OCBC Securities offers a proprietary web platform, a proprietary mobile app, and the iOCBC application, which are tailored more toward traditional securities investing.
Yes, there is nothing stopping you from holding accounts at both brokers simultaneously. Many traders diversify across multiple platforms to access different markets, leverage levels, and trading tools depending on their strategy.
FP Markets offers significantly higher maximum leverage at 1:500, compared to OCBC Securities's much more conservative cap of 1:5. Traders who rely on leverage for forex and CFD strategies will find FP Markets considerably more flexible, though higher leverage also carries greater risk.
FP Markets offers access to six asset classes, including Forex, CFDs, Stocks, Indices, Commodities, and Crypto. OCBC Securities covers four categories — Stocks, ETFs, Indices, and Forex — making it better suited to traditional equity-focused investors rather than multi-asset traders.
OCBC Securities is generally better suited to absolute beginners thanks to its $0 minimum deposit and simple proprietary platforms backed by a long-established Singapore institution. FP Markets, while still accessible, is better geared toward traders who want more advanced tools, higher leverage, and broader market diversification.
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.