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CO vs fpmarkets

Independent side-by-side on safety (scam-risk, regulation, reviews) and selection (costs, products, funding, who it's best for). We charge brokers nothing.

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These are different service types — a money-transfer service, bank or stockbroker isn’t a like-for-like alternative to a forex/CFD broker. Compare with that in mind.
Safer pick fpmarkets leads on safety — winning 3 of 4 trust metrics (lower scam-risk, stronger regulation). Check the selection rows for the best fit.
CO Money transfer
85/100 risk
🇦🇺 Australia
Read review →
fpmarkets Forex
20/100 risk
🇦🇺 Australia
Read review →
Safety & Trust
Scam-risk score lower = safer
85
20
Verdict
Severe
Low risk
Regulated
Yes
Yes
Licenses
1
2
Tier-1 regulators
1
2
Trustpilot score
4.8
Reviews collected
10255
Exit risk lower = safer
Guarded
Known clones
0
6
Regulator warnings
0
0
Cost & Accounts
Min deposit lower = easier to start
$100
Max leverage
1:500
Min spread (best acct)
from 0
Commission
$3.5
Cost grade
AAA
Account types
0
2
Best for
Suits
International money transfers for individuals and businesses, Businesses needing multi-currency accounts with no monthly fees, Scheduled and bulk cross-border payments
Traders who prioritize regulatory oversight (ASIC, CySEC) and a wide range of instruments, Traders who value fast, friendly customer support for routine issues, Traders comfortable with a low-risk score and willing to navigate occasional withdrawal friction
Not for
Retail forex or CFD traders seeking leverage, Speculative currency trading, Traders requiring advanced trading platforms like MetaTrader
Traders who require guaranteed, hassle-free withdrawals, Traders who are sensitive to latency and execution speed, Traders who have had prior disputes over 'abusive trading' accusations
Products & Funding
Instruments
70+ FX pairs, metals, indices, commodities
Deposit methods
Bank, transfer, NETELLER, Skrill, PerfectMoney
Withdrawal
Skrill, PerfectMoney, Neteller
Execution
Speed
AA
Slippage
D
Swap cost
B
Company
Founded
2018-12-04
2017-09-07
Headquarters
🇦🇺 Australia
🇦🇺 Australia
Employees
0
0

✓ = stronger value on that row · good · caution · weak · "—" = not yet collected. Independent scoring, never for sale.

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