FP Markets vs NPB Markets Comparison
Compare trading conditions, commissions and platforms of Forex brokers FP Markets and NPB Markets. Find out which broker is best for you.
We test brokers on real accounts using our own methodology, evaluating the quality of order execution, trading conditions, platforms and customer support.
Who is better - FP Markets or NPB Markets?
Our pick: FP Markets
Based on multiple factors - spreads and fees, available assets and instruments, execution quality, platform usability, support level, and educational resources - FP Markets looks preferable to NPB Markets.
FP Markets scored 4.7/5 and ranks 3 in our all Forex brokers list, whereas NPB Markets has 4.2/5 and ranks 36.
This is not financial advice. See the full comparison below.
Who is FP Markets suitable for?
FP Markets is optimal for scalpers and algorithmic traders with ECN spreads of 0 pips, active Forex traders, as well as investors interested in copy trading and DMA stocks.
Who is NPB Markets suitable for?
NPB Markets is ideal for traders who value STP accounts, education, MetaTrader 4, participation in contests, and a decent selection of markets and products
Comparison Table of FP Markets and NPB Markets
| Broker | FP Markets | NPB Markets |
|---|---|---|
| Rating | 4.7/5 | 4.2/5 |
| Foundation Year | 2005 | 2016 |
| Regulated in Countries | Australia, Cyprus, South Africa, Saint Vincent and the Grenadines, Seychelles | Comoros |
| Minimum Deposit |
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| Spread | from 0 points | from 0.1 points |
| Max Leverage | 1:500 | 1:1000 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Review | FP Markets Review | NPB Markets Review |
FP Markets Review
FP Markets successfully combines a strict licensing framework, a fast ECN order book with zero spreads, a rich selection of platforms — ranging from classic MT4/5 to TradingView and Iress DMA — and a developed analytics, education, and 24/7 support infrastructure. This combination makes the broker attractive for active scalpers and algorithmic traders who value speed and moderate commission per lot, as well as for investors preferring copy trading, PAMM/MAM, or DMA stocks via Iress. Beginners will benefit from a low entry of 100 AUD, online courses, and no inactivity fees.
Pros and Cons of FP Markets
Pros
- Robust regulation, serious fund protection plus segregated accounts in AA banks.
- Competitive trading conditions: spreads from 0 pip, commission 6 USD/lot; execution ≈ 20 ms on the NY4 server.
- Rich selection of trading platforms.
- Wide range of instruments.
- Numerous deposit/withdrawal methods.
- Strong analytics and education.
- 24/7 support.
Cons
- Lack of cent accounts and fixed spread accounts.
- Some analytical materials and software are accessible only with a deposit or trading volume.
FP Markets is in the top 10 of the following ratings:
NPB Markets Review
NPB Markets is suitable for novice and experienced traders, thanks to its extensive educational program, various account types, and set of trading instruments. The broker is particularly noteworthy for those who value quality technical analysis and a diversity of trading instruments.
Despite certain drawbacks, NPB Markets provides quality service and can be used by most traders.
Pros and Cons of NPB Markets
Pros
- A rich selection of analytical tools and resources.
- Extensive education section.
- A variety of trading account types.
- Numerous available methods for depositing and withdrawing funds.
Cons
- Lack of alternatives to the MetaTrader 4 platform.
- Regulation in an offshore jurisdiction.
NPB Markets is in the top 10 of the following ratings:
Reliability
| Broker | FP Markets | NPB Markets |
|---|---|---|
| Reliability | 5/5 | 3.2/5 |
| Foundation Year | 2005 | 2016 |
| Regulated in Countries | Australia, Cyprus, South Africa, Saint Vincent and the Grenadines, Seychelles | Comoros |
| Regulators |
FP Markets
Multi-tier licenses from ASIC, CySEC and FSCA, fund segregation, and a spotless regulatory history make FP Markets a reliable partner.
Pros
- Tier-1/Tier-2 licenses (ASIC, CySEC)
- Funds held in AA bank accounts, negative balance protection
- Independent order execution audits
NPB Markets
The broker has certain protective measures but is registered in offshore jurisdictions.
Pros
- Membership in The Financial Commission.
- Existence of a Compensation Fund.
- Regulation by multiple bodies.
Cons
- Registration in offshore jurisdictions.
- Lack of information on deposit insurance.
Account Opening
| Broker | FP Markets | NPB Markets |
|---|---|---|
| Account Opening | 5/5 | 5/5 |
| Minimum Deposit |
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FP Markets
Opening an account completely online: registration in up to 5 minutes, verification within an hour, minimum deposit of 100 AUD — you can start trading on the same day.
Pros
- Fast registration and KYC
- Verification in less than one business day
- Commission-free deposit starting from 100 AUD
NPB Markets
Opening an account with NPB Markets is straightforward, with a short registration form, clear verification requirements, and three base currencies.
Pros
- Simple registration.
- Clear document requirements.
Account Types
| Broker | FP Markets | NPB Markets |
|---|---|---|
| Account Types | 4.3/5 | 4.5/5 |
| Trading Accounts |
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| Minimum Deposit |
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| Spread | from 0 points | from 0.1 points |
| Max Leverage | 1:500 | 1:1000 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Demo Account | ||
| Swap-free Account |
FP Markets
The FP Markets account lineup is nearly universal — RAW, Standard, Islamic, Iress DMA, demo, and copy trading services meet the needs of most traders, all starting from 100 AUD.
Pros
- Accounts suitable for every trading style
- Free VPS and copy trading
Cons
- No cent/micro account
NPB Markets
The broker offers a wide range of accounts, meeting the needs of different traders.
Pros
- STP accounts
- Opportunity to copy trades of successful traders.
- Availability of cent accounts for beginners.
Cons
- No accounts with fixed spreads.
Commissions
| Broker | FP Markets | NPB Markets |
|---|---|---|
| Commissions | 4/5 | 4/5 |
| Spread | from 0 points | from 0.1 points |
| Average Spread (EURUSD) | 1.2 | 1.2 |
| Commission | per 1 lot$3.00 | per 1 lot$4.00 |
FP Markets
Transparent pricing: an average ECN commission of $6 per lot, market spreads of ≈1.2 pips on the Standard account, free deposits, and no inactivity charges make the conditions attractive for most traders.
Pros
- No fees for deposits and withdrawals
- No account inactivity fees
Cons
- The Standard account does not offer ultra-narrow spreads
NPB Markets
NPB Markets offers average market spreads and swaps.
Pros
- No inactivity fee.
- No withdrawal fee.
- Cashback with up to 60% spread return
Cons
- Average spreads and swaps.
Deposit and Withdrawal
| Broker | FP Markets | NPB Markets |
|---|---|---|
| Rating | 5/5 | 4.5/5 |
| Account Funding Methods |
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FP Markets
You can fund your account instantly and commission-free via any convenient method, and withdrawals are processed within one business day.
Pros
- 0% commission on all deposits
- Cards, e-wallets, crypto, local banks
- Withdrawals processed in less than one business day
Cons
- 0.5–1% commission on currency conversion
NPB Markets
The broker offers a wide selection of deposit and withdrawal methods, with no commission on deposits and commission compensation on the first withdrawal.
Pros
- Multiple deposit/withdrawal methods.
- No deposit fee.
- Commission compensation on the first withdrawal.
Cons
- Withdrawal processing time can be long.
- High commission of payment systems on withdrawal
Markets and Products
| Broker | FP Markets | NPB Markets |
|---|---|---|
| Markets and Products | 5/5 | 4/5 |
| Forex | 81 | 38 |
| Precious Metals | 17 | 2 |
| Energy Carriers | 5 | 3 |
| Soft Commodities | 7 | - |
| Indices | 18 | 11 |
| Stocks | 566 | 62 |
| ETF | 58 | 2 |
| Bonds | 2 | - |
| Cryptocurrency | 12 | 5 |
FP Markets
The FP Markets range covers 700+ CFDs — from 80 currency pairs to DMA stocks on Iress, making portfolio diversification relatively straightforward.
Pros
- 80+ currency pairs, metals, indices, soft commodities
- 500+ CFDs on stocks from Europe, the UK, and the USA
- Leverage up to 1:500 for professional clients
NPB Markets
NPB Markets offers a sufficiently broad range of trading instruments, including Forex, CFDs on metals, energy carriers, indices, stocks, ETFs, and cryptocurrencies. However, some brokers may offer an even greater number of instruments and markets.
Trading Platforms
| Broker | FP Markets | NPB Markets |
|---|---|---|
| Rating | 5/5 | 4/5 |
| Trading Platforms |
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FP Markets
MT4/5, cTrader, TradingView, and Iress provide FP Markets with an almost complete arsenal: from algorithmic trading to DMA stocks. The versatility and fast NY4 connectivity put FP Markets’ platform suite among the best.
Pros
- 4 platforms, including TradingView and Iress DMA
- Execution ≈ 0.02 sec on NY4, supports bots and API
- Mobile and web versions of MT4/5 plus a proprietary application
Cons
- Iress is fee-based without turnover ≥150 AUD
- No browser-based cTrader Web
NPB Markets
NPB Markets platforms provide functionality and convenience for different categories of traders.
Pros
- Use of the popular MetaTrader 4 platform.
- NPB Invest trade copying service.
Cons
- Lack of alternatives to MT4
Analytics
| Broker | FP Markets | NPB Markets |
|---|---|---|
| Rating | 5/5 | 5/5 |
FP Markets
FP Markets offers a rich analytics suite — Trading Central, Autochartist, Traders Toolbox, TradeMedic, and a daily blog — which covers technical, fundamental, and behavioral analysis; access to some tools requires a deposit/trading volume.
Pros
- Trading Central and Autochartist with alerts
- 12-module Traders Toolbox + TradeMedic
- Economic calendar and daily trading ideas
Cons
- Paid access required for some analytics
NPB Markets
NPB Markets offers an extensive set of analytical tools, including news updates, signals based on technical analysis, and even direct chat with analysts.
Education
| Broker | FP Markets | NPB Markets |
|---|---|---|
| Rating | 5/5 | 4/5 |
FP Markets
FP Markets offers courses, webinars, podcasts, and e-books ranging from basic to advanced, making its educational resources nearly universal.
Pros
- Regular webinars + an extensive video library
- Online courses for traders of various levels
- Numerous e-books
NPB Markets
The broker offers a wide range of educational opportunities, including e-books, video courses, and strategies provided by leading training centers.
Customer Support
| Broker | FP Markets | NPB Markets |
|---|---|---|
| Rating | 5/5 | 5/5 |
| Email Support |
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| Hotline Phones |
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| Social Media |
Facebook
Twitter
Instagram
LinkedIn
YouTube
Telegram
WhatsappFP Markets
FP Markets’ customer support responds within seconds, operates 24/7, and usually resolves issues on the first contact.
Pros
- 24/7 support
- Multiple support channels
- High support rating
NPB Markets
Numerous communication channels are available, including online consultant, personal manager, email, and phone. The customer support schedule is also quite extensive, providing support at almost any time.
Comparisons of FP Markets and NPB Markets with other brokers
Conclusion
FP Markets stands out as the better overall pick, while NPB Markets trails on aggregate criteria.
FP Markets scored 4.7/5 and ranks 3 in our rating; NPB Markets has 4.2/5 and ranks 36.
We explain the reasons above in detail — fees, platforms, reliability, support, and more.
FAQ
Which broker is better: FP Markets or NPB Markets?
FP Markets comes out ahead by overall rank (score 4.7/5, position 3) versus NPB Markets (score 4.2/5, position 36).
Which broker is better for beginners: FP Markets or NPB Markets?
FP Markets is often a smoother start thanks to simpler onboarding and stronger baseline metrics. Still, your tools and budget should drive the final choice.
Who has lower typical trading costs (spreads/commissions) — FP Markets or NPB Markets?
It depends on the instrument and account type. Compare the live conditions in the “Commissions” section on this page — we break down the nuances category by category.
What trading platforms are available with FP Markets and NPB Markets?
FP Markets: MetaTrader 4, MetaTrader 5, cTrader, TradingView. NPB Markets: MetaTrader 4. See the “Platforms” section for details and selection tips.
What markets can you trade with FP Markets and NPB Markets?
FP Markets: Forex, Precious Metals, Energy Carriers, Soft Commodities, Indices, Stocks, ETF, Bonds, Cryptocurrency. NPB Markets: Forex, Precious Metals, Energy Carriers, Indices, Stocks, ETF, Cryptocurrency. Full lists and differences are in the “Markets” section.
What account types are offered by FP Markets and NPB Markets?
FP Markets: Standard, Raw. NPB Markets: Master, Zero, Expert, VIP, Standard Cent. See “Account Types” for a side-by-side comparison.
What deposit and withdrawal methods are supported by FP Markets and NPB Markets?
FP Markets: Neteller, Skrill, SticPay, FasaPay, Virtual Pay, Pagsmile, Dragonpay, Swift, Rapid Transfer, Visa, Mastercard, Asia Banks, Rapyd. NPB Markets: WebMoney, Skrill, Neteller, Volet, Swift, SEPA, Visa, Mastercard. Check method-specific fees/settlement times.
Which broker is safer — FP Markets or NPB Markets — and how was this assessed?
We consider regulation, corporate transparency, fund protection, and incident history. See the “Reliability” section for our findings.
