fpmarkets vs OpenMarkets
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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An independent AI take on which of these fits you — from the data, not opinions for sale. Launching soon.
Safer pick fpmarkets leads on safety — winning 4 of 6
trust metrics (lower scam-risk, stronger regulation). Check the selection rows for the best fit.
Safety & Trust
Scam-risk scoreⓘ lower = safer
20
✓13
Verdict
Low risk
Low risk
Regulatedⓘ
Yes
Yes
Licenses
✓2
1
Tier-1 regulatorsⓘ
✓2
1
Trustpilot score
✓4.8
3.7
Reviews collected
✓10255
1
Exit riskⓘ lower = safer
Guarded
—
Known clonesⓘ
6
✓0
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
✓2
0
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 prioritizing ASIC regulation and a low scam risk score, Australian residents seeking a locally licensed derivatives broker
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 who require transparent, independently verifiable online presence and user reviews, Those needing detailed fee, platform, or instrument information before account opening
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
2017-09-07
2018-12-27
Headquarters
🇦🇺 Australia
🇦🇺 Australia
Employees
0
0
✓ = stronger value on that row · ● good · ● caution · ● weak · "—" = not yet collected. Independent scoring, never for sale.