Admiral Markets vs FP Markets 2026
Two licensed kitchens. Which table you take comes down to how you trade.
Pull up a chair at Admiral Markets if you value specific use cases detailed below. FP Markets plates up better for anyone who leans on tighter spreads, more instruments (10,000 vs 8,000), no inactivity fee.
The two menus, side by side
| Admiral Markets | FP Markets | |
|---|---|---|
| Primary regulator | FCA 595450 | ASIC 286354 |
| Regulation tier | tier-1 | tier-1 |
| Min deposit | $100 | $100 |
| EUR/USD spread | 0.1 pips | From 0.0 pips (ECN) |
| Instruments | 8,000+ | 10,000+ |
| MetaTrader | Yes (MT4+MT5) | Yes (MT4+MT5) |
| Copy trading | No | No |
| Real stocks | Yes | Yes |
| Inactivity fee | $10/mo after 24mo | None |
| Founded | 2001 | 2005 |
| Headquarters | Tallinn, Estonia | Sydney, Australia |
The kitchen inspection: Admiral Markets vs FP Markets
Admiral Markets is regulated by FCA under licence 595450 (Admirals UK Ltd). The FCA is a tier-1 regulator. Client funds are held in segregated accounts and negative balance protection applies.
FP Markets is regulated by ASIC under licence 286354 (First Prudential Markets Pty Ltd). The ASIC is a tier-1 regulator. Client funds are held in segregated accounts and negative balance protection applies.
Both brokers are regulated by tier-1 authorities. Neither has a significant regulatory advantage over the other.
Ingredient costs and the bill
Admiral Markets's EUR/USD spread is 0.1 pips. FP Markets's EUR/USD spread is From 0.0 pips (ECN). FP Markets offers tighter spreads on this pair.
Admiral Markets charges an inactivity fee of $10/month after 24 months without trading. FP Markets does not charge an inactivity fee.
Platforms and tools
Both Admiral Markets and FP Markets support MetaTrader 4 and 5, so algorithmic traders and EA users can use either.
Neither broker offers copy trading.
The cover charge
Admiral Markets requires a minimum deposit of $100. FP Markets requires $100. Both require the same initial deposit.
Note that minimum deposits can vary by account type and by which regulatory entity serves your country. Some offshore entities allow lower deposits than the tier-1 entity.
Which is better for beginners?
Both platforms are accessible to new traders, though neither is specifically designed as a beginner-only broker.
Which is better for experienced traders?
Both Admiral Markets and FP Markets support MetaTrader, so experienced traders can use either without restriction. FP Markets's tighter spreads (From 0.0 pips (ECN)) make it better for high-frequency and scalping strategies. FP Markets offers more instruments (10,000) for portfolio diversification.
The verdict: Admiral Markets vs FP Markets
Book a table at Admiral Markets if what you are after is specific use cases detailed below. Its FCA licence (595450) brings the full weight of a tier-1 seal.
Go with FP Markets if you want tighter spreads, more instruments (10,000 vs 8,000), no inactivity fee. Its ASIC licence (286354) means solid tier-1 protection.
Neither kitchen is a bad one; both hold real licences. In the end it is your own trading appetite that picks the table.
Frequently asked questions
Admiral Markets vs FP Markets: which is better?
Admiral Markets is better for specific use cases detailed below. FP Markets is better for tighter spreads, more instruments (10,000 vs 8,000), no inactivity fee. If regulation quality is your priority, both have comparable regulation.
Is Admiral Markets or FP Markets safer?
Both Admiral Markets (FCA 595450) and FP Markets (ASIC 286354) are regulated by tier-1 authorities. Both segregate client funds.
What is the minimum deposit for Admiral Markets and FP Markets?
Admiral Markets minimum deposit: $100. FP Markets minimum deposit: $100. Minimums vary by entity and account type.
Do Admiral Markets and FP Markets have MetaTrader?
Yes, both support MetaTrader 4 and MT5.