Written by ForexBrokers.com
In this head to head comparison of FP Markets vs Exness, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 51% and 89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
FP Markets, founded in 2005, and Exness, founded in 2008, are online brokers that are privately held and not banks. According to ForexBrokers.com, FP Markets has a Trust Score of 90/99 (highly trusted) and Exness scores 80/99 (trusted). On this scale, 90–99 is highly trusted, 80–89 trusted, 70–79 average risk, 60–69 high risk, and below 59 not trusted.
Both brokers hold two Tier-1 licenses, the level ForexBrokers.com considers highly trusted. FP Markets also holds one Tier-2 license, while Exness holds three Tier-2 licenses, offering additional mid-level regulatory coverage.
| Feature |
FP Markets
|
Exness
|
|---|---|---|
| Year Founded | 2005 | 2008 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 2 |
| Tier-2 Licenses | 1 | 3 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 2 | 3 |
FP Markets comes out ahead of Exness on commissions and fees, with a 4.5-star rating and a #11 ranking out of 36 brokers from ForexBrokers.com. It is known for low trading costs on its commission-based Raw ECN account, where spreads can be very tight and the all-in cost is highly competitive. FP Markets’ cTrader and MetaTrader pricing is especially appealing for traders who want low-cost forex trading, though its Standard account is more expensive because of wider spreads.
Exness has a 4-star rating and is ranked #32 out of 36 for commissions and fees, which places it behind FP Markets in this category. The broker offers a wide range of account types, including commission-free and commission-based options, so costs vary depending on the account you choose. Its Zero Spread and Raw accounts can be attractive for traders looking for lower spreads, but commission charges still apply, and the overall pricing is not as strong as FP Markets in this comparison.
For traders focused mainly on lower fees, FP Markets is the better pick overall. Exness may still suit traders who want more account choices and flexible execution styles, but FP Markets offers the stronger mix of low spreads and competitive commission pricing.
| Feature |
FP Markets
|
Exness
|
|---|---|---|
| Minimum Deposit | $100 AUD | $100 |
| Average spread (EUR/USD) - Standard account | 1.3 | N/A |
| All-in Cost EUR/USD - Active | 0.9 | N/A |
| Non-wire bank transfer | No | No |
| PayPal (Deposit/Withdraw) | Yes | No |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
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FP Markets and Exness both let clients trade forex as CFDs or spot contracts, and both offer cryptocurrency CFDs rather than real, delivered crypto. Neither broker provides access to exchange-traded shares on U.S. or international stock exchanges, so you cannot buy actual stocks such as Apple or Vodafone through either platform. Where FP Markets stands out is in its wider overall market selection, with 10,000 tradeable symbols versus 239 at Exness. FP Markets also offers copy trading, which Exness does not.
Looking more closely at forex, Exness lists 78 currency pairs compared with 71 at FP Markets, so it has a slight edge in that one area. Even so, FP Markets is rated higher for range of investments overall, earning 4.5 out of 5 stars and ranking #17 out of 36 brokers on ForexBrokers.com, while Exness scores 3.5 stars and ranks #35. For traders who want a broader mix of available markets, FP Markets is the stronger choice, while Exness is more limited despite offering a few more forex pairs.
| Feature |
FP Markets
|
Exness
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 10000 | 239 |
| Forex Pairs (Total) | 71 | 78 |
| U.S. Stocks (Shares) | No | No |
| Global Stocks (Non-U.S. Shares) | No | No |
| Copy Trading | Yes | No |
| Cryptocurrency (Underlying) | No | No |
| Cryptocurrency (CFDs) | Yes | Yes |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
Dive deeper: Best Copy Trading Platforms.
FP Markets and Exness both give traders plenty of ways to get started and test strategies, including free demo accounts, desktop software for Windows, web-based platforms, and the popular MetaTrader 4 and MetaTrader 5 platforms. Both brokers also offer their own proprietary platform and let users trade straight from charts, which can make order entry quicker and easier. In short, each broker covers the main trading platform needs for most traders, whether they prefer to trade in a browser, on a desktop, or through MetaTrader.
The main difference is in extra tools: FP Markets offers copy trading, while Exness does not. Both brokers are rated 4 out of 5 stars for Trading Platforms and Tools, but Exness places higher in ForexBrokers.com’s category ranking, coming in at #15 out of 36 brokers versus FP Markets at #22. If copy trading matters to you, FP Markets has the edge; if you care more about overall category ranking, Exness comes out ahead.
| Feature |
FP Markets
|
Exness
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Copy Trading | Yes | No |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| Charting - Indicators / Studies (Total) | 30 | 106 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
FP Markets and Exness both make it easy to trade on the go, with iPhone and Android apps, price alerts, and the ability to draw trendlines on charts. Both brokers also earn 4 out of 5 stars for mobile trading apps, so each offers a solid everyday trading experience for mobile users. FP Markets has the added benefit of auto-saving chart drawings, which can be handy if you switch between sessions or devices.
Where Exness stands out is in watchlist syncing and chart tools. Its mobile app syncs watchlists with the online account, so updates carry over between mobile and web, while FP Markets does not offer this feature. Exness also includes 100 technical studies in its mobile charting tools, compared with FP Markets, which relies on the default MetaTrader setup. In ForexBrokers.com’s mobile app rankings, Exness places higher at #18 out of 36 brokers, while FP Markets ranks #20.
| Feature |
FP Markets
|
Exness
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | No | Yes |
| Mobile Charting - Indicators / Studies | MetaTrader (Default) | 100 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | Yes | No |
Dive deeper: Best Forex Trading Apps.
FP Markets and Exness both give traders useful market research features, including daily market commentary, news from major sources like Bloomberg, Reuters, and Dow Jones, plus an economic calendar for tracking global events. Each also offers Trading Central tools, which can help with technical analysis and trade ideas.
The main difference is that FP Markets has a few extra research tools that Exness does not, such as Autochartist and a sentiment tool showing long and short positioning across markets. That edge is reflected in its stronger research rating and ranking: FP Markets earns 4 stars and ranks #22 out of 36 brokers for Research, while Exness scores 3.5 stars and ranks #32.
| Feature |
FP Markets
|
Exness
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | Yes | No |
| Trading Central | Yes | Yes |
| Client sentiment data | Yes | No |
| TipRanks | No | No |
| Acuity Trading | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
FP Markets and Exness both give beginners a good range of learning tools, including forex and CFD education, regular online webinars, and at least 10 beginner-focused videos as well as 10 advanced videos. This means new traders can find basic lessons to get started, while more experienced users can also dig into higher-level trading topics. In everyday terms, both brokers make it easy to learn through articles, videos, and live sessions.
When comparing the two, FP Markets has the edge in overall education quality, with a 4-star rating and a #22 ranking out of 36 brokers, while Exness scores 3.5 stars and ranks #21. Even though Exness places slightly higher in the ranking, FP Markets is rated better by star score, which may matter more for beginners looking for clearer and more helpful learning support.
| Feature |
FP Markets
|
Exness
|
|---|---|---|
| Webinars | Yes | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that FP Markets is better than Exness. FP Markets finished with an overall rank of #19, while Exness finished with an overall rank of #31.
FP Markets shines as a low-cost broker for trading forex and CFDs – as long as you use the MetaTrader platform. The Iress platform suite offers well over 10,000 tradeable symbols, but it’s mostly a share trading platform – and is generally a much pricier option.
| Feature |
FP Markets
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Exness
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|---|---|---|
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| Trust Score | 90 | 80 |
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In the FP Markets vs Exness comparison, neither broker lets you buy actual (delivered) cryptocurrency, but both provide access to cryptocurrency CFDs for speculative trading.
FP Markets vs Exness: both brokers support bank wire transfers and Skrill but not ACH or SEPA, while only FP Markets offers PayPal for deposits and withdrawals.
Please note:
We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.
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0 of 5| Overall Rating | FP Markets | Exness | |
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| Trust Score | 90 | 80 | |
| Winner | check_circle | ||
| Review | FP Markets Review | Exness Review |
| Broker Screenshots | FP Markets | Exness | |
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| Regulation | FP Markets | Exness | |
|---|---|---|---|
| Trust Score | 90 | 80 | |
| Year Founded | 2005 | 2008 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 2 | 2 | |
| Tier-2 Licenses | 1 | 3 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 2 | 3 |
| Tier-1 Licenses (Highly Trusted) | FP Markets | Exness | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | No | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (FSA Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | |||
| United Kingdom (U.K.) (FCA Authorised) | No | Yes | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes |
| Tier-2 Licenses (Trusted) | FP Markets | Exness | |
|---|---|---|---|
| Kenya (CMA Authorised) | Yes | ||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | Yes | |
| UAE (DFSA, FSRA, or CMA Authorised) | No | Yes | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | Yes |
| Investments | FP Markets | Exness | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 10000 | 239 | |
| Forex Pairs (Total) | 71 | 78 | |
| U.S. Stocks (Shares) | No | No | |
| Global Stocks (Non-U.S. Shares) | No | No | |
| Copy Trading | Yes | No | |
| Cryptocurrency (Underlying) | No | No | |
| Cryptocurrency (CFDs) | Yes | Yes | |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
| Cost | FP Markets | Exness | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | 1.3 | N/A | |
| All-in Cost EUR/USD - Active | 0.9 | N/A | |
| Inactivity Fee | No | No | |
| Order execution: Agency | No | Yes | |
| Order execution: Market Maker | Yes | Yes |
| Funding | FP Markets | Exness | |
|---|---|---|---|
| Minimum Deposit | $100 AUD | $100 | |
| PayPal (Deposit/Withdraw) | Yes | No | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer | No | No |
| Trading Platforms | FP Markets | Exness | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | Yes | No | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | Yes | No |
| Trading Tools | FP Markets | Exness | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 30 | 106 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | FP Markets | Exness | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | Yes | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | No | Yes | |
| Mobile Charting - Indicators / Studies | MetaTrader (Default) | 100 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | Yes | No | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | FP Markets | Exness | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | Yes | No | |
| Trading Central | Yes | Yes | |
| TipRanks | No | No | |
| Client sentiment data | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | FP Markets | Exness | |
|---|---|---|---|
| Webinars | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | Yes |
| Major Forex Pairs | FP Markets | Exness | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | FP Markets Review | Exness Review |
| Overall | FP Markets | Exness | |
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| Trust Score | 90 | 80 | |
| Winner | check_circle | ||
| Review | FP Markets Review | Exness Review |
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