Which broker is better for Syria traders in 2026? Expert analysis across 12 categories.
For Syria traders seeking reliable forex brokers, FP Markets and FXTM are two top contenders in 2026. FP Markets holds a strong 4.7/5 rating, praised for its ultra-low spreads and robust trading platforms, while FXTM (4.3/5) is known for its educational resources and flexible account types. Both brokers accept Syria residents and support local payment methods like Bank Transfer, Skrill, Neteller, and USDT TRC20, making deposits and withdrawals seamless. Trading in USD is the default for Syria clients, and both brokers comply with international standards while respecting the local financial regulator's oversight. Whether you are a beginner or an experienced trader, this comparison will help you choose the best broker for your needs in Syria.
| Instrument | FP Markets | FXTM | Winner |
|---|---|---|---|
| EUR/USD avg spread | 0.09 pips + $3.5/lot | 0.0 pips + $3.5/lot | FXTM |
| XAU/USD (Gold) | $0.14 typical | $0.12 typical | FXTM |
| GBP/USD avg spread | 0.29 pips | 0.23 pips | FXTM |
| Standard acc spread | from 1.0 pips | from 0.8 pips | FXTM |
| ECN commission | $3.5/lot/side | $3.5/lot/side | Tie |
| Min deposit | $100 | $200 | FP Markets |
FP Markets offers tighter spreads starting from 0.0 pips on its Raw ECN account, while FXTM's standard account spreads start from 1.3 pips. For Syria traders trading in USD, FP Markets is more cost-effective, especially for high-volume traders. FXTM's commission-based account can reduce costs, but FP Markets remains cheaper overall. Spread costs can significantly impact profitability for Syria traders, so FP Markets is the better choice for cost-conscious traders.
| Account Type | FP Markets | FXTM |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✓ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✗ | ✓ |
| Zero spread account | ✓ | ✗ |
| Copy trading | ✗ | ✓ |
| Min deposit | $100 | $200 |
| Entity / Asset | FP Markets | FXTM |
|---|---|---|
| Syria (offshore) | Up to 1:500 | Up to 1:3000 |
| Forex major pairs | 1:500 | 1:3000 |
| Gold (XAU/USD) | 1:200 | 1:200 |
| Indices | 1:100 | 1:100 |
| Cryptocurrencies | 1:2 to 1:10 | 1:2 to 1:10 |
| Asset Class | FP Markets | FXTM | 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+ | ✗ | FP Markets |
| Stocks / Share CFDs | 1,000+ | ✗ | FXTM |
| ETFs | ✓ | ✗ | Tie |
| Platform | FP Markets | FXTM |
|---|---|---|
| MetaTrader 4 (MT4) | ✓ | ✓ |
| MetaTrader 5 (MT5) | ✓ | ✓ |
| cTrader | ✓ | ✗ |
| TradingView | ✓ | ✗ |
| Expert Advisors (EAs) | ✓ | ✓ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
Both brokers offer MetaTrader 4 and MetaTrader 5, popular among Syria traders for their reliability. FP Markets also provides its own web trader and mobile app, while FXTM offers FXTM Trader. For Syria traders, MT4/MT5 are ideal due to low bandwidth requirements and advanced charting tools. FP Markets' platforms are slightly more customizable, while FXTM's are easier for beginners.
| Factor | FP Markets | FXTM | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | FXTM |
| 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 offers ECN execution with no dealing desk, ensuring fast order fills and minimal slippage for Syria traders. FXTM uses STP execution with similar speed but may have requotes during volatile markets. FP Markets' execution is superior for scalpers and high-frequency traders in Syria.
| Safety Factor | FP Markets | FXTM |
|---|---|---|
| Primary regulator | ASIC | FCA |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
FP Markets is regulated by ASIC and CySEC, while FXTM is regulated by FCA, CySEC, and FSC. For Syria traders, both brokers offer strong regulatory protection, but FP Markets' ASIC regulation provides additional security. The local financial regulator in Syria does not directly oversee these brokers, so traders should rely on international oversight. Both brokers offer negative balance protection and segregated accounts.
| Payment Method | FP Markets | FXTM |
|---|---|---|
| Bank Wire Transfer | ✓ | ✓ |
| Visa / Mastercard | ✓ | ✓ |
| Skrill | ✓ | ✓ |
| Neteller | ✓ | ✓ |
| USDT / Crypto | ✓ | ✓ |
| Withdrawal time | 24 hours | 24 hours (often in 30 minutes),Credit / Debit Cards (Visa, Mastercard): 1 to 3 business days. |
Syria traders can deposit and withdraw using Bank Transfer, Skrill, Neteller, and USDT TRC20 at both brokers. FP Markets supports USDT TRC20 with zero transaction fees, while FXTM charges a small fee for crypto deposits. Bank Transfers may take 2-5 business days, while Skrill and Neteller are instant. Minimum deposits are $100 for FP Markets and $10 for FXTM. Withdrawals are processed within 24 hours at both brokers. USDT TRC20 is recommended for Syria traders due to speed and low fees.
| Islamic Account Feature | FP Markets | FXTM |
|---|---|---|
| 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 FP Markets and FXTM offer Islamic (swap-free) accounts for Syria Muslim traders, complying with Sharia law that prohibits interest. FP Markets provides Islamic accounts on all account types, including Raw and Standard, while FXTM offers them on standard accounts only. No swap fees are charged, but FP Markets may apply an administrative fee after a holding period. Syria traders should confirm swap-free status before trading.
| Support Feature | FP Markets | FXTM | 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 Arabic language support. FXTM provides 24/5 support with similar channels and Arabic assistance. For Syria traders, FP Markets' 24/7 availability is a key advantage, especially for night traders. Response times are under 5 minutes for live chat at both brokers.
| Mobile Feature | FP Markets | FXTM | 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 |
| Resource | FP Markets | FXTM | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | ✗ | Monthly | Tie |
| Economic calendar | ✓ | ✓ | Tie |
| Market analysis | Daily | Basic | FP Markets |
Choose FP Markets if you...
Choose FXTM if you...
For Syria traders in 2026, FP Markets is the better choice overall due to its higher rating (4.7/5), lower spreads, and 24/7 support. It excels for cost-conscious traders who deposit via USDT TRC20 or Skrill. FXTM is a solid alternative for beginners with its low minimum deposit and educational tools. Both brokers comply with international regulations and offer Islamic accounts. Consider your trading style and deposit preferences when choosing between these two brokers.