brokeredge

FP Markets vs Spreadex

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

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.

SpreadexTrust 8.1/10
FCA

UK-only FCA-regulated broker offering spread betting, CFDs and sports spread betting in a single account since 1999. Niche but well-regarded for tight financial spreads and a clean proprietary platform with TradingView.

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 MarketsSpreadex
Trust score8.98.1
RegulatorsASIC, CySEC, FSCAFCA
HeadquartersUnited Kingdom
Founded1999
Min deposit$100$0.00
Max leverage1:5001:30
EUR/USD spread0.10 pips0.60 pips
Commission per lot$6$0.00
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
Withdrawal methodsBank Wire, Credit/Debit Card
Withdrawal speed24h
Base currenciesGBP, USD, EUR

FP Markets is best for

Cost-conscious traders
Stock CFD traders
AU residents

Spreadex is best for

Day traders
Swing traders