Direct Specification Matrix
FP Markets vs XM Group
Comprehensive side-by-side comparison of rules, prize structures, and trader experiences. Ratings calculated independently using identical public criteria.
Platform Type
forex broker
forex broker
Founded Year
2005
2009
HQ Country
AU
CY
Tradable Markets
forex, indices, commodities, stocks
forex, commodities, indices, stocks
Competition Formats
live account, volume based, deposit required
free, demo, live account
Entry Barrier / Cost
$100 deposit required
Free / Demo available
Typical Prize Pools
$15,000 – $150,000 USD
$5,000 – $100,000 USD
Max Leverage
Up to 1:500
Up to 1:1000
Regulation Status
ASIC (Australia), CySEC (Cyprus), FSCA
CySEC (Cyprus), ASIC (Australia)
Payout Track Record
VERIFIED
VERIFIED
Decision Summary: Which Should You Choose?
Choose FP Markets if:
- • You prioritize forex, indices, commodities, stocks markets.
- • You prefer live account, volume based, deposit required formats.
- • You have sufficient trading balance to meet deposit requirements.
Choose XM Group if:
- • You trade primarily on forex, commodities, indices, stocks.
- • You value free, demo, live account structures.
- • You want risk-free demo tournaments.