FXDD vs FP Markets

FXDD or FP Markets – which is better for UK traders 2025? Compare FXDD and FP Markets in this detailed breakdown of their platforms, features and fees.

FXDD vs FP Markets Comparison Table 2025
FXDD FP Markets
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FXDD is ranked #31 among CFD brokers. FP Markets is ranked #61 among CFD brokers.
FXDD, a seasoned forex and CFD broker since 2002, operates under regulations in Malta, Mauritius, Peru, and Malaysia. It offers robust trading platforms, attractive ECN spreads, and dependable 24/7 customer support. The broker delivers competitive pricing and minimal latency through its Direct Market Access execution model, backed by tier 1 aggregated liquidity. Founded in 2005 in Australia, FP Markets is a broker regulated by both ASIC and CySEC. It offers a wide range of tradable assets and provides Standard and Raw accounts suitable for traders of all levels. The platform excels in tools, featuring the MetaTrader suite, user-friendly TradingView, and practical insights from Trading Central and AutoChartist.
Pros
  • The broker's Trading Central integration provides daily fundamental market analysis, automated charting software, and market insights newsletters.
  • FXDD offers easy access for beginners, requiring only a $1 minimum deposit. Traders can choose from cent, mini, micro, and demo accounts.
  • The broker provides VPS accounts for traders seeking to execute intricate automated strategies. These accounts are ideal for both algorithmic traders and those with extensive experience in the field.
  • MAM and PAMM accounts enable management of trader portfolios while earning commissions.
  • The broker is overseen by multiple regulatory bodies providing investor compensation and safeguarding against negative balances.
  • The broker provides efficient customer support in multiple languages through phone, email, and live chat, available 24/5.
  • FP Markets provides an excellent range of trading options, thanks to its broadened commodities offerings and support for more than 10,000 stocks.
  • FP Markets stands out as a highly accommodating broker for platform selection, offering MetaTrader, cTrader, Iress, and the more recent addition of TradingView.
  • FP Markets provides swift and reliable support, accessible 24 hours a day, five days a week, with average response times under one minute during tests.
  • FP Markets offers a smooth onboarding process, featuring cryptocurrency deposits and a choice of more than 10 base currencies, appealing to traders worldwide.
  • FP Markets now offers advanced research tools from Trading Central and Autochartist. These tools assist traders in spotting short-term opportunities by analysing chart patterns, indicators, and other technical elements.
Cons
  • Accounts inactive for over 90 days incur a $40 fee. This charge surpasses the $10 fee levied by many competitors.
  • Withdrawal fees are charged for more than one transaction each month. This is especially costly for active traders.
  • A £25 withdrawal fee applies to payments under £100, which is quite high and will affect novice and casual traders.
  • FXDD provides approximately 150 instruments, which is limited when compared to the extensive selections available at leading brokers.
  • The broker's market analysis section is outdated and lags behind top competitors.
  • The Raw account offers excellent pricing. However, the Standard account has wider spreads, averaging 1.1 pips on EUR/USD, which lags behind the competitive 0.8-pip spread at IC Markets.
  • FP Markets’ Iress platform is exclusively available to Australian clients. The platform is geared towards stock trading rather than forex. Data fees may accumulate quickly unless you are an active trader or hold a high-balance account.
  • FP Markets falls short of leading MetaTrader brokers. Although it provides a Trader's Toolbox on MT4, it offers only 130 instruments, restricting opportunities for serious traders. In contrast, Pepperstone offers 1,300 assets.
  • Traders Hub offers valuable resources such as the Daily Report, Technical Report, Market Insights, and Fundamental Analysis. Yet, it should diversify its daily content and ensure its forex news remains current to compete with market leaders like IG.
Awards
  • Most Transparent Broker in Europe 2022 - ForexRating.com Awards
  • Most Trusted Broker - The Forex Expo Dubai 2021 Awards
  • Best Forex Broker - The Forex Expo Dubai 2020
  • Best Regulated Forex Broker - Saudi Money Expo 2018
  • Best Global Forex Value Broker 2023 - Global Forex Awards
  • Best Forex Partners Programme Asia 2023 - Global Forex Awards
  • Best Forex Broker Europe 2023 - Global Forex Awards
  • Best Global Forex Value Broker 2022 - Global Forex Awards
  • Best Global Forex Value Broker 2021 - Global Forex Awards
FCA Regulated
No

List of FCA Regulated Brokers

No

List of FCA Regulated Brokers

Instruments
Forex, CFDs, Indices, Stocks, Commodities CFDs, Forex, Stocks, Indices, Commodities, Bonds, ETFs, Crypto
Demo Account
Yes Yes
Minimum Deposit
$200 $40
Payment Methods
Minimum Trade
0.01 Lots 0.01 Lots
Regulator
MFSA, FSC, LFSA, SBS ASIC, CySEC, FSA, CMA
Mobile Apps
Yes iOS & Android
Trading App

FP Markets does not provide a proprietary web-based or mobile app, a downside for beginners. However, there are the mobile versions of MT4/MT5, cTrader, and TradingView that offer real-time quotes, advanced charting tools, account management features, and order execution. Australian clients are also exclusively offered access to the Iress mobile platform, which delivers sophisticated features including analytics, module linking, and multiple portfolio management.

iOS App Rating
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4.8
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Android App Rating
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4.6
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Margin Trading
Yes Yes
MetaTrader 4
Yes Yes
MetaTrader 5
Yes Yes
cTrader
No Yes
AlgoTrader
No No
OmniTrader
No No
TradingView
No Yes
Autochartist
No Yes
eSignal
No No
Trading Central
No Yes
STP Account
No Yes
ECN Account
No Yes
DMA Account
No Yes
MAM Account
Yes Yes
PAMM Account
Yes Yes
LAMM Account
Yes No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
Yes Yes
Market Maker
Yes No
P2P Trading
No No
Spot Trading
No Yes
Auto Trading
Expert Advisors (EAs) on MetaTrader. Entity dependent. Expert Advisors (EAs) on MetaTrader
Copy Trading
No Yes
Copy Trading Platform
FP Markets has launched its own social copy trading platform and provides access to the MetaTrader signals market. Additionally, it supports Myfxbook, making FP Markets a strong choice for social copy trading. Despite the platform being less user-friendly than cTrader Copy, these features enhance its appeal for traders.
Social Trading
Yes Yes
Trade Signals
Yes
VPS Hosting
Yes Yes
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Inactivity Fee
$0
Islamic Account
Yes Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • JPY
  • CHF
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • NZD
  • JPY
  • CHF
  • HKD
  • SGD
Commodities
  • Silver
  • Gold
  • Oil
  • Gold
  • Silver
  • Natural Gas
  • Oil
  • Platinum
  • Palladium
  • Copper
  • Aluminium
  • Soybeans
  • Corn
  • Wheat
  • Steel
  • Iron
  • Cocoa
  • Cotton
  • Sugar
  • Coffee
CFD
Traders have access to CFDs in forex, indices, commodities, and stocks. Short-term strategies face no limitations, benefiting scalpers and algorithmic traders alike. Additionally, a variety of complimentary tools, such as a bespoke price ticker, are available. FP Markets provides CFD trading across an excellent range of financial instruments, including stocks, major global indices, commodities, metals, cryptocurrencies, and bonds. Traders benefit from competitive spreads, rapid execution, and leverage up to 1:500, supported by top-tier liquidity. This ensures a smooth and efficient experience for short-term market participants.
Leverage
1:500* Leverage varies depending on the region 1:30 (UK), 1:500 (Global)
FTSE Spread
2.30 1.64
GBPUSD Spread<
0.4 1.9 average
Oil Spread
6.0 0.04
Stocks Spread
Variable Variable
Forex
FXDD maintains a prominent offering of over 90 currency pairs with ECN pricing. During evaluations, spreads for EUR/USD were at 0.4 pips, which are quite reasonable. However, these rates are not as competitive as leading rivals, such as Pepperstone. FP Markets is an outstanding choice for forex enthusiasts, offering more than 70 currency pairs, with an expanded range of exotic options. Traders benefit from competitive pricing, with average spreads as low as 0.1 on EUR/USD in the Raw account.
Assets
90+ 70+
GBPUSD Spread
0.4 0.2
EURUSD Spread
0.5 0.1
EURGBP Spread
1.6 0.3
Currency Indices
  • USD
Cryptocurrency
FP Markets offers CFDs on major cryptocurrencies such as Bitcoin, Ethereum, Ripple, Bitcoin Cash, and Litecoin. Traders can engage in speculation on price fluctuations through these derivatives. However, direct coin ownership is not provided. Additionally, emerging tokens for avid crypto traders are not available on FP Markets.
Spread
17.3 (Bitcoin)
Coins
  • ADA
  • BCH
  • BTC
  • DOG
  • DOT
  • EOS
  • ETH
  • LNK
  • LTC
  • RPL
  • SOL
  • XLM
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
FXDD FP Markets
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