FP Markets vs Exness
One of the cleanest broker comparisons in retail forex. FP Markets (2005, ASIC) optimized for institutional-grade execution and multi-asset breadth via Iress. Exness (2008, CySEC) optimized for radical accessibility and the fastest withdrawal infrastructure in the industry. Both raw ECN. The split is in target customer.
FP Markets wins for serious traders depositing $500+; Exness wins for accessibility under $100. FP Markets edge: $3/lot commission (vs Exness Zero's $3.50), industry's highest Trustpilot (4.7★ from 7,400+), Iress for DMA share CFDs across 10,000+ instruments, and ASIC's 20-year track record. Exness edge: $10 minimum, instant 24/7 withdrawals under 1 hour, 1:2000 leverage offshore, mobile-first onboarding. Above $500 capital FP Markets compounds; below $500 or cash-flow-first, Exness.
Head-to-Head Comparison
| Feature | FP Markets | Exness |
|---|---|---|
| Score | 4.6/5 | 4.8/5 |
| Min Deposit | $100 | $10 |
| Spreads | 0.0 pips (Raw) | 0.0 pips (Zero) |
| Regulation | ASIC, CySEC, FSA | FCA, CySEC, FSCA, FSA |
| Founded | 2005 | 2008 |
| HQ | Australia | Cyprus |
| Platforms | MT4, MT5, cTrader, Iress | MT4, MT5 |
| Trustpilot | 4.7★ (7,400 reviews) | 4.1★ (17,200 reviews) |
| Islamic Account | Yes | Yes |
Spreads & Fees
Both hit 0.0 pips on EUR/USD during peak hours. Commission differentiator: FP Markets $3/lot/side ($6 round-turn); Exness Zero $3.50/lot/side ($7 round-turn). On 50 standard lots/month, FP Markets saves $50. On gold (XAUUSD), Exness 0.05 pips, FP Markets 0.07 pips during peak. Cost-per-trade quietly favors FP Markets; gap compounds with volume.
Regulation & Safety
FP Markets ASIC (Australia, 2005+) and CySEC. Exness CySEC, FCA (UK), FSCA, FSA Seychelles offshore, CBCS. Exness has broader geographic coverage including FCA which FP Markets lacks. FP Markets has the deeper single-jurisdiction track record. UK residents Exness has the FCA edge. ASIC track record fans FP Markets wins.
Platforms & Tools
FP Markets: MT4, MT5, cTrader, TradingView, Iress (DMA share CFDs across ASX/NYSE/NASDAQ/LSE) — 10,000+ instruments. Exness: MT4, MT5, Exness Terminal, Exness Trader (mobile) — ~250 instruments. Iress integration is FP Markets' unique differentiator; if you want Apple stock CFDs alongside EUR/USD on one account, FP Markets is the only option. Exness's mobile-first onboarding is best-in-class for traders managing from phone.
You deposit $500+, trade actively (5+ lots/month), want the cheapest per-lot commission ($6 vs $7 round-turn), need DMA share CFDs via Iress across 10,000+ instruments, or want the industry's highest Trustpilot rating as trust signal. FP Markets is the serious multi-asset trader's broker.
Open FP Markets Account →You want $10 minimum, instant 24/7 withdrawals under 1 hour to Skrill/Neteller/crypto, 1:2000 leverage offshore, FCA regulation specifically, or you manage everything from mobile. Exness is the broker for cash flow obsessives and the one most traders open as first real-money account.
Open Exness 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 →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.