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

For Israeli traders, trading costs are a critical factor, especially for those trading in high volumes. FP Markets offers spreads from 0.0 pips on its Raw account with a commission of $3 per lot per side, while its Standard account has spreads from 1.0 pips with no commission. FxPro’s spreads start from 0.5 pips on cTrader and 0.6 pips on MT4/MT5, with no commission on Standard accounts. For an Israeli trader executing 10 lots per month on EUR/USD, FP Markets’ Raw account can save approximately $100–150 compared to FxPro’s standard spreads. Both brokers have no deposit or withdrawal fees for Bank Transfer and Credit Card, making them cost-effective for Israeli clients.

FP Markets provides MT4, MT5, and its own WebTrader, with advanced charting tools and automated trading capabilities. FxPro offers a broader selection, including MT4, MT5, cTrader, and FxPro Edge, a proprietary web platform. For Israeli traders who prioritize algorithmic trading and custom indicators, both brokers support Expert Advisors (EAs) on MT4/MT5. FxPro’s cTrader appeals to traders who prefer a modern, intuitive interface with advanced order types. FP Markets’ platforms are slightly more streamlined, while FxPro offers more diversity. Both brokers provide mobile apps for Android and iOS, ensuring Israeli traders can manage trades on the go.

FP Markets offers fast execution with an average speed of under 40ms on its Raw account, thanks to its Equinix NY4 data center and multiple liquidity providers. FxPro also provides competitive execution with an average speed of around 50ms, using its own aggregation technology. Both brokers offer no dealing desk (NDD) execution on most account types. For Israeli traders engaged in scalping or high-frequency trading, FP Markets’ lower latency and tighter spreads give it a slight edge, while FxPro’s execution is reliable for standard trading strategies.

Neither FP Markets nor FxPro is regulated by the Israel Securities Authority (ISA), which means Israeli traders must rely on the broker’s international licenses. FP Markets is regulated by ASIC (Australia) and CySEC (Cyprus), while FxPro holds licenses from the FCA (UK), CySEC, and FSCA (South Africa). Both brokers offer negative balance protection and client fund segregation. For Israeli traders, FxPro’s FCA regulation may provide additional confidence due to the UK’s strict financial oversight. However, FP Markets’ ASIC license is also highly respected. Traders should note that ISA-regulated brokers are rare for forex, and both options are considered safe for experienced retail traders.

Israeli traders can fund their accounts at both FP Markets and FxPro using Bank Transfer and Credit Card (Visa/Mastercard). FP Markets also accepts e-wallets like Skrill, Neteller, and PayPal, while FxPro supports Skrill and Neteller in addition to cards and bank wires. Minimum deposits are $100 (approximately 370 ILS) for both brokers, making them accessible. Withdrawals are processed within 1-2 business days for e-wallets and 2-5 business days for Bank Transfer and Credit Card. FP Markets has no internal withdrawal fees, while FxPro charges a small fee for bank wire withdrawals (typically $10-20). Both brokers support multi-currency accounts, but Israeli traders may incur currency conversion fees if depositing in ILS. It is recommended to fund in USD or EUR to avoid additional costs.

Both FP Markets and FxPro offer Islamic (swap-free) accounts for Muslim traders in Israel who wish to trade in compliance with Sharia law. FP Markets provides swap-free accounts on all account types (Raw, Standard) upon request, with no additional fees. FxPro offers Islamic accounts on its Standard and MT4 platforms, but traders must contact support to activate it. These accounts do not charge or pay overnight interest on positions held open past the daily rollover. However, some brokers may apply a small administrative fee for long-held positions. For Israeli Muslim traders, both brokers offer a viable option, but FP Markets’ policy is slightly more straightforward with no hidden charges.

FP Markets offers 24/5 multilingual customer support via live chat, email, and phone. Their support team is responsive and knowledgeable, with Hebrew language support available on request. FxPro also provides 24/5 support in multiple languages, including Hebrew, via live chat, email, and phone. Both brokers have comprehensive FAQ sections on their websites. For Israeli traders, FxPro’s support is slightly more accessible due to dedicated Hebrew-speaking agents, but FP Markets’ response times are generally faster.