Exness vs FP Markets
Exness is the accessibility champion with instant withdrawals and a $10 deposit. FP Markets is the multi-asset powerhouse with 10,000+ instruments and four platforms. Both offer institutional-grade raw spreads. We tested both with funded accounts to find out which delivers more overall value.
Two very different approaches to raw-spread trading. Exness wins on accessibility — $10 minimum deposit, instant withdrawals 24/7, and leverage up to 1:2000. FP Markets wins on depth — 10,000+ instruments, four trading platforms including cTrader and Iress, and the highest Trustpilot rating in the industry at 4.7 stars. Both offer 0.0 pip raw spreads. If you need low entry barriers and fast money movement, choose Exness. If you want the widest instrument range and platform choice, choose FP Markets.
Head-to-Head Comparison
| Feature | Exness | FP Markets |
|---|---|---|
| Score | 4.8/5 | 4.6/5 |
| Min Deposit | $10 | $100 |
| Spreads | 0.0 pips (Zero) | 0.0 pips (Raw) |
| Regulation | FCA, CySEC, FSCA, FSA | ASIC, CySEC, FSA |
| Founded | 2008 | 2005 |
| HQ | Cyprus | Australia |
| Platforms | MT4, MT5 | MT4, MT5, cTrader, Iress |
| Trustpilot | 4.1★ (17,200 reviews) | 4.7★ (7,400 reviews) |
| Islamic Account | Yes | Yes |
Spreads & Fees
Both brokers offer 0.0 pip raw spreads on their premium accounts, and in practice the averages are comparable on major forex pairs. Where they differ is the cost structure beyond spreads. Exness offers higher leverage (up to 1:2000 for eligible clients) which can amplify returns on smaller positions but also increases risk. FP Markets charges a transparent $3/lot commission on its Raw account. Exness charges vary by instrument on its Zero account. Neither broker charges deposit fees. The standout difference is withdrawals: Exness processes withdrawals instantly 24/7, while FP Markets follows standard 1-2 business day processing.
Regulation & Safety
Both brokers are well-regulated but in different jurisdictions. Exness holds FCA, CySEC, FSCA, and FSA licences. FP Markets holds ASIC, CySEC, and FSA licences. Exness has the edge in African markets with its FSCA licence, while FP Markets has the ASIC advantage for Australian and Asia-Pacific traders. Both offer segregated client funds and negative balance protection. FP Markets' Trustpilot score of 4.7 stars from 7,400+ reviews is notably higher than Exness' 4.1 stars, suggesting stronger overall client satisfaction.
Platforms & Tools
FP Markets has a clear platform advantage with four options: MT4, MT5, cTrader, and Iress. The Iress platform is particularly notable — it provides direct market access (DMA) to share CFDs across major global exchanges, something Exness does not offer. Exness sticks with MT4 and MT5, which are excellent platforms but limit you to the MetaTrader ecosystem. If you trade only forex, both platforms work well. If you want to trade share CFDs with DMA pricing alongside your forex positions, FP Markets is the only choice here.
You prioritise accessibility and speed above all else. Exness' $10 minimum deposit, instant 24/7 withdrawals, and up to 1:2000 leverage make it the best choice for traders who want low barriers and fast money movement.
Open Exness Account →You want the widest instrument selection and most platform choice. FP Markets' 10,000+ instruments, cTrader, Iress DMA platform, and industry-leading 4.7-star Trustpilot rating make it the best choice for serious multi-asset traders.
Open FP Markets Account →Can't Decide?
Both are excellent choices
Exness (4.8/5) and FP Markets (4.6/5) are both top-tier brokers. Choose based on your priorities.
We opened live accounts with both brokers, deposited real funds, and tested spreads, execution, and withdrawals over 30 days. Scores are based on our transparent methodology. Last updated: April 2026.
CFDs are complex instruments. 74-89% of retail accounts lose money. Data accurate April 2026.