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 | CySEC, FSCA, FSA | ASIC, CySEC, FSA |
| Founded | 2008 | 2005 |
| HQ | Cyprus | Australia |
| Platforms | MT4, MT5 | MT4, MT5, cTrader, Iress |
| Trustpilot | 4.7★ (29,948 reviews) | 4.8★ (10,118 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?
We recommend FP Markets
FP Markets scored 4.6/5 in our testing. $100 minimum deposit, ASIC, CySEC, FSA regulated.
Open FP Markets Account →Cost-Per-Lot Reality Check
Beyond headline spread numbers, here's what each broker actually costs you on EUR/USD using their best ECN/raw account. The difference compounds with trading volume — at 100 standard lots per month, even a $1 commission gap means $1,200 per year.
| Trading Volume | Exness cost | FP Markets cost |
|---|---|---|
| Min deposit to open | $10 | $100 |
| EUR/USD raw spread | 0.0 pips (Zero) | 0.0 pips (Raw) |
| 10 lots/month (active retail) | $60-70 | $60-70 |
| 100 lots/month (serious trader) | $600-700 | $600-700 |
| 500 lots/month (prop firm pace) | $3,000-3,500 | $3,000-3,500 |
Ranges assume $6-7 round-turn commission ($3-3.50 per side) on raw ECN accounts during peak liquidity hours. Total trading cost = (spread × pip value) + commission. On EUR/USD 1 standard lot at 0.0 pip spread, total cost ≈ commission only. FP Markets wins this matchup overall — see "Quick Verdict" above for why.
Common Questions About Exness vs FP Markets
Which is better, Exness or FP Markets?
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.
When should I choose Exness?
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.
When should I choose FP Markets?
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.
How do spreads and commissions compare between Exness and FP Markets?
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.
How does regulation compare between Exness and FP Markets?
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.
What platforms do Exness and FP Markets support?
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.
Between Exness and FP Markets, the better choice for most traders in 2026 is FP Markets. It scored 4.6/5 in our testing versus Exness's 4.8/5, offers a $100 minimum deposit, and holds ASIC, CySEC, FSA regulation. FP Markets is the broker we'd open as the primary account in this matchup; Exness remains a valid secondary option if its specific edge (e.g. lower minimum deposit, specific platform integration, or geographic licensing) matters more to your particular setup. See the "Choose Exness if" and "Choose FP Markets if" blocks above for the specific trader profile each broker fits.
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: May 2026.
CFDs are complex instruments. 74-89% of retail accounts lose money. Data accurate May 2026.