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FP Markets vs FXFlat

Side-by-side comparison of regulation, trading costs, platforms, and account types for FP Markets and FXFlat.

FP MarketsTrust 8.9/10
ASIC
CySEC
FSCA

Long-established AU broker since 2005. Raw account is among the cheapest in the industry. Strong execution and Iress platform for share CFDs.

FXFlatTrust 8.7/10
BaFin

German BaFin-licensed broker founded in 1997 — one of the oldest fully-domestic Germany-regulated forex brokers still operating. Niche EU-only player with broad platform support including AgenaTrader and Interactive Brokers' TWS.

Quick verdict

  • Trust: FP Markets has the higher trust score.
  • EUR/USD spread: FP Markets is tighter on EUR/USD.

Side-by-side comparison

FeatureFP MarketsFXFlat
Trust score8.98.7
RegulatorsASIC, CySEC, FSCABaFin
HeadquartersRatingen, Germany
Founded1997
Min deposit$100$200
Max leverage1:5001:30
EUR/USD spread0.10 pips0.80 pips
Commission per lot$6$5
Raw spread account
Standard account
Swap-free account
cTrader
MT4
MT5
TradingView
Scalping allowed
EAs / algo allowed
Hedging allowed
Copy trading
Deposit methodsBank Wire, Credit/Debit Card, PayPal
Withdrawal methodsBank Wire
Withdrawal speed48h
Base currenciesUSD, EUR, GBP, CHF

FP Markets is best for

Cost-conscious traders
Stock CFD traders
AU residents

FXFlat is best for

Algo traders
Day traders
Swing traders