FP Markets vs FxPro 2026: Spain Broker Comparison
Which broker is better for Spain traders in 2026? Expert analysis across 12 categories.
Quick Verdict — Spain Traders
Choosing between FP Markets and FxPro is a key decision for Spain traders in 2026. Both brokers are regulated by the CNMV and offer EUR-denominated accounts, making them accessible to retail traders in Spain. FP Markets, with a score of 4.7/5, stands out for its ultra-low spreads starting at 0.0 pips and multi-platform support including MT4, MT5, cTrader, and IRESS. FxPro, scoring 4.1/5, is a well-established broker known for its proprietary platforms and strong regulatory compliance. For Spain traders, local payment methods like SEPA transfers and Bizum are supported by FP Markets, while FxPro accepts SEPA but not Bizum. This comparison breaks down costs, platforms, regulation, and deposit methods to help you decide which broker fits your trading style in Spain.
Overall Scores Comparison
Trading Costs - Spreads & Commissions
| Instrument | FP Markets | FxPro | Winner |
|---|---|---|---|
| EUR/USD avg spread | 0.09 pips + $3.5/lot | 0.0 pips + $3.5/lot | FxPro |
| XAU/USD (Gold) | $0.14 typical | $0.12 typical | FxPro |
| GBP/USD avg spread | 0.29 pips | 0.23 pips | FxPro |
| Standard acc spread | from 1.0 pips | from 0.8 pips | FxPro |
| ECN commission | $3.5/lot/side | $3.5/lot/side | Tie |
| Min deposit | $100 | $100 | Tie |
For Spain traders, trading costs are a major factor. FP Markets offers spreads from 0.0 pips on its Raw account with a $3 commission per lot, while its Standard account has spreads from 1.0 pips with no commission. FxPro’s Raw account has spreads from 0.6 pips with a $4.5 commission, and its Standard account spreads from 1.2 pips. Over 100 lots per month, FP Markets saves Spain traders about €50–€100 in costs. Both brokers charge no deposit or withdrawal fees for SEPA transfers, but FP Markets is cheaper for active traders.
Account Types Comparison
| Account Type | FP Markets | FxPro |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✓ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✗ | ✗ |
| Zero spread account | ✓ | ✓ |
| Copy trading | ✗ | ✗ |
| Min deposit | $100 | $100 |
Leverage Comparison - Spain Traders
| Entity / Asset | FP Markets | FxPro |
|---|---|---|
| Spain (offshore) | Up to 1:500 | Up to 1:500 |
| Forex major pairs | 1:500 | 1:500 |
| Gold (XAU/USD) | 1:200 | 1:200 |
| Indices | 1:100 | 1:100 |
| Cryptocurrencies | 1:2 to 1:10 | 1:2 to 1:10 |
Trading Instruments - Assets Available
| Asset Class | FP Markets | FxPro | Winner |
|---|---|---|---|
| Forex pairs | 90+ | 65+ | FP Markets |
| Gold (XAU/USD) | ✓ | ✓ | Tie |
| Oil (WTI/Brent) | ✓ | ✓ | Tie |
| Stock indices | 25+ indices | 20+ indices | FP Markets |
| Crypto CFDs | 30+ | 20+ | FP Markets |
| Stocks / Share CFDs | 1,000+ | 1,700+ | FxPro |
| ETFs | ✓ | ✗ | Tie |
Platforms Comparison
| Platform | FP Markets | FxPro |
|---|---|---|
| MetaTrader 4 (MT4) | ✓ | ✓ |
| MetaTrader 5 (MT5) | ✓ | ✓ |
| cTrader | ✓ | ✓ |
| TradingView | ✓ | ✗ |
| Expert Advisors (EAs) | ✓ | ✓ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
Spain traders benefit from FP Markets’ extensive platform choice: MT4, MT5, cTrader, and IRESS, catering to all experience levels. FxPro offers MT4, MT5, and its own cTrader-like platform, but lacks IRESS. FP Markets’ cTrader is ideal for algorithmic traders, while FxPro’s platforms are user-friendly for beginners. Both offer mobile apps with Spanish language support, but FP Markets provides more advanced charting tools.
Execution Quality - Speed & Slippage
| Factor | FP Markets | FxPro | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | FxPro |
| Avg execution speed | ~30ms | ~40ms | FP Markets |
| Slippage | Very low | Very low | Tie |
| Requotes | Very rare | Very rare | Tie |
| Scalping allowed | ✓ | ✓ | Tie |
| EA / Bot trading | ✓ | ✓ | Tie |
FP Markets uses Equinix NY4 servers for ultra-fast execution under 40ms, with no dealing desk intervention. FxPro also offers ECN execution but has slightly higher latency. For Spain traders, FP Markets’ execution is better for scalping and high-frequency strategies.
Regulation & Safety for Spain Traders
| Safety Factor | FP Markets | FxPro |
|---|---|---|
| Primary regulator | ASIC | FCA |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
Both brokers are regulated by the CNMV, ensuring Spain traders have negative balance protection, segregated funds, and leverage capped at 1:30 for major forex pairs under ESMA rules. FP Markets is also regulated by ASIC and CySEC, adding extra oversight. FxPro is regulated by the FCA and CySEC. For Spain traders, CNMV regulation means both brokers must follow strict client money rules, but FP Markets’ additional licenses provide a safety net.
Deposits & Withdrawals for Spain
| Payment Method | FP Markets | FxPro |
|---|---|---|
| Bank Wire Transfer | ✓ | ✓ |
| Visa / Mastercard | ✓ | ✓ |
| Skrill | ✓ | ✓ |
| Neteller | ✓ | ✓ |
| USDT / Crypto | ✓ | ✗ |
| Withdrawal time | 24 hours | 1 business day |
Spain traders can deposit using SEPA bank transfers, credit/debit cards, and Bizum at FP Markets. FxPro supports SEPA and cards but not Bizum. SEPA transfers are free and take 1-2 business days at both brokers. FP Markets’ Bizum deposits are instant and free, ideal for small deposits. Withdrawals are processed within 24 hours at FP Markets and 1-2 days at FxPro. Both accept EUR, avoiding conversion fees for Spain traders. Minimum deposit is €100 at FP Markets and €100 at FxPro.
Islamic Accounts - Swap-Free for Spain Muslims
| Islamic Account Feature | FP Markets | FxPro |
|---|---|---|
| Swap-free available | ✓ | ✓ |
| Admin fee instead of swap | On some instruments | On some instruments |
| MT4 / MT5 supported | ✓ | ✓ |
| How to apply | Contact support | Contact support |
Both brokers offer Islamic (swap-free) accounts for Spain traders adhering to Sharia law. FP Markets provides them on all account types with no extra fees, while FxPro offers them on Standard and Raw accounts. FP Markets requires a request after account opening, and FxPro requires documentation. Both comply with CNMV regulations for swap-free accounts.
Customer Support Comparison
| Support Feature | FP Markets | FxPro | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✓ | ✓ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | FP Markets |
FP Markets offers 24/7 customer support via live chat, email, and phone, with Spanish-speaking agents available. FxPro provides 24/5 support with Spanish language assistance during market hours. FP Markets’ 24/7 availability is better for Spain traders trading outside European hours.
Mobile App Comparison
| Mobile Feature | FP Markets | FxPro | Winner |
|---|---|---|---|
| iOS App Store rating | 4.5 stars | 4.3 stars | FP Markets |
| Google Play rating | 4.3 stars | 4.2 stars | FP Markets |
| Biometric login | ✓ | ✓ | Tie |
| Push notifications | ✓ | ✓ | Tie |
| Full charting on mobile | ✓ | ✓ | Tie |
| TradingView mobile | ✓ | ✗ | FP Markets |
Education & Research Tools
| Resource | FP Markets | FxPro | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | ✗ | Monthly | Tie |
| Economic calendar | ✓ | ✓ | Tie |
| Market analysis | Daily | Basic | FP Markets |
Real User Reviews - Trustpilot
Pros & Cons of Each Broker
FP Markets
FxPro
Who Should Use Which Broker? - Spain Guide
Choose FP Markets if you...
- Want the lowest spreads from 0.0 pips
- Need multiple platforms including cTrader and IRESS
- Prefer instant deposits via Bizum
- Trade actively with high volume
Choose FxPro if you...
- Value a simpler platform with proprietary tools
- Prefer a broker with FCA regulation
- Trade less frequently and want no-commission Standard accounts
- Need strong customer support in Spanish
FAQ - FP Markets vs FxPro in Spain
Final Verdict - Spain 2026
For Spain traders in 2026, FP Markets is the stronger choice with a 4.7/5 rating, offering lower costs, more platforms, Bizum support, and 24/7 support. FxPro (4.1/5) is reliable but lacks Bizum and has higher spreads. If you trade actively, need local payment methods like Bizum, or want advanced platforms, choose FP Markets. Both are CNMV-regulated and safe, but FP Markets provides better value for Spain’s retail traders.