FP Markets vs FxPro 2026: Which Broker is Better for China Traders?

For China traders, trading costs are critical. FP Markets offers Raw ECN spreads from 0.0 pips on EUR/USD with a $3 commission per lot, while its Standard account has spreads from 1.0 pips with no commission. FxPro's fixed spreads range from 1.2 pips on EUR/USD (Standard) and from 0.6 pips on its Raw+ account with a $4.5 commission. For high-volume traders, FP Markets is cheaper. For smaller traders, FxPro's fixed spreads provide predictability. Both brokers offer competitive costs compared to local Chinese brokers, but FP Markets edges ahead for scalpers.

FP Markets offers MetaTrader 4, MetaTrader 5, and cTrader, all popular among China traders for their advanced charting and automation. FxPro provides MT4, MT5, and its own FxPro Edge platform. For China traders who use Expert Advisors (EAs) or copy trading, both support MT4/5. FP Markets also offers cTrader, which is preferred by some for its depth of market. FxPro's proprietary platform is simpler for beginners. Both have mobile apps for iOS and Android, essential for China's mobile-first market.

FP Markets offers ECN execution with no dealing desk intervention, providing fast fills and low slippage. FxPro uses NDD execution with STP and ECN models. Both are reliable, but FP Markets is known for faster execution speeds (under 40ms) and better for scalping. FxPro's execution is also good but may have occasional requotes on volatile markets. For China traders trading during Asian sessions, both perform well.

FP Markets is regulated by ASIC (Australia) and CySEC (Cyprus), while FxPro is regulated by FCA (UK), CySEC, and FSCA (South Africa). Neither is regulated by China's CSRC, as CSRC does not oversee offshore forex brokers. For China traders, FxPro's FCA regulation offers strong client fund protection, while FP Markets' ASIC regulation is also reputable. Both provide negative balance protection. China traders should note that deposits are not covered by Chinese deposit insurance, but both brokers use segregated accounts.

China traders can deposit at both brokers using USDT (Tether) via TRC20 or ERC20 networks, which is fast and avoids bank delays. International bank transfers in USD or EUR are also supported, but may take 2-5 business days and incur conversion fees. FP Markets also accepts local Chinese bank transfers through third-party processors. Minimum deposits: FP Markets $100 (USDT), FxPro $100 (USDT). Withdrawals are processed within 1-2 business days for USDT, and 3-5 days for bank transfers. Both brokers do not charge deposit fees, but bank intermediary fees may apply. Always check the latest deposit methods on each broker's website, as options may change.

Both FP Markets and FxPro offer Islamic (swap-free) accounts for Muslim traders in China. FP Markets provides Islamic accounts on all account types (Standard, Raw ECN, and cTrader) with no swap charges on overnight positions. FxPro offers Islamic accounts on request for all account types, but only for clients from certain regions. China Muslim traders should confirm eligibility with FxPro support before opening. Both brokers require that Islamic accounts are not used for arbitrage or scalping strategies. No additional fees are charged.

FP Markets offers 24/5 live chat, email, and phone support in English and Chinese. FxPro provides 24/5 live chat, email, and phone support with Chinese language available. Both have comprehensive FAQ sections. FP Markets' support is slightly faster based on user reviews. For China traders, the availability of Chinese-speaking support is a plus for both brokers.