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fpmarkets vs Horseforex

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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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.
fpmarkets Forex
20/100 risk
🇦🇺 Australia
Read review →
Horseforex Forex
52/100 risk
🇦🇺 Australia
Read review →
Safety & Trust
Scam-risk score lower = safer
20
52
Verdict
Low risk
Elevated
Regulated
Yes
Yes
Licenses
2
1
Tier-1 regulators
2
1
Trustpilot score
4.8
Reviews collected
10255
Exit risk lower = safer
Guarded
Known clones
6
2
Regulator warnings
0
0
Cost & Accounts
Min deposit lower = easier to start
$100
$50
Max leverage
1:500
400:1
Min spread (best acct)
from 0
from 0
Commission
$3.5
Cost grade
AAA
Account types
2
2
Best for
Suits
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
Traders seeking low minimum deposit ($50), Users interested in multiple asset classes (forex, crypto, stocks, indices), Traders wanting access to both MT4 and MT5 platforms
Not for
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
Traders requiring a fully operational website and customer support, Investors seeking transparent regulatory and operational status, Beginner traders needing educational resources
Products & Funding
Instruments
70+ FX pairs, metals, indices, commodities
Forex, Rare Metal, Commodities, Index, Stocks, Cryptocurrency
Deposit methods
Bank, transfer, NETELLER, Skrill, PerfectMoney
--
Withdrawal
Skrill, PerfectMoney, Neteller
--
Execution
Speed
AA
Slippage
D
Swap cost
B
Company
Founded
2017-09-07
2019-06-11
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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