FP Markets vs ScoreCM Comparison

Multi-tier licenses from ASIC, CySEC and FSCA, fund segregation, and a spotless regulatory history make FP Markets a reliable partner.

ScoreCM is regulated by offshore FSU authorities in Dominica and Mwali, publishes licensing information and claims segregation of client funds, but lacks compensation schemes and has a brief operational history.

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.

The ScoreCM registration process is swift: a concise form, an email with a password, and a step-by-step KYC wizard. Account funding is possible within a few hours.

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.

Three account types cover basic needs, but there is a lack of variety: no cent, fixed-spread, ECN/STP, or Islamic accounts, and copy trading/PAMM services are absent.

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.

ScoreCM fees are moderate: $3.5 per lot on Pro/Elite accounts are competitive, but the Standard account, with a spread of 1.8 points and high swaps, is more expensive; the annual $25 inactivity fee slightly raises overall costs.

You can fund your account instantly and commission-free via any convenient method, and withdrawals are processed within one business day.

The absence of internal fees combined with a broad range of methods makes deposits and withdrawals convenient.

The FP Markets range covers 700+ CFDs — from 80 currency pairs to DMA stocks on Iress, making portfolio diversification relatively straightforward.

ScoreCM offers roughly 60 CFDs, covering currencies, metals, oil/gas, indices, and a few cryptocurrencies. The absence of stocks and soft commodities renders the range noticeably poorer than that of most competitors.

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.

The MT5 desktop, web, and mobile platforms cover most needs, but the absence of alternatives (MT4/cTrader/TradingView) and social features restrict flexibility.

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.

ScoreCM provides an economic calendar, a suite of calculators, a converter, and Autochartist — offering sufficient basic tools, though lacking proprietary reviews, webinars, and smart signals, resulting in only average analytics.

FP Markets offers courses, webinars, podcasts, and e-books ranging from basic to advanced, making its educational resources nearly universal.

The text-based courses and extensive glossary provide a solid theoretical foundation, however without video content, webinars, and interactive elements, the ScoreCM educational package remains average for the market.

FP Markets’ customer support responds within seconds, operates 24/7, and usually resolves issues on the first contact.

Multi-channel 24/5 support, approximately 30-minute response times, and withdrawal requests resolved within 2–4 hours — a high level of service from ScoreCM.