FXTM vs FxPro for Australia Traders (2026)
Which broker is better for Australia traders in 2026? Expert analysis across 12 categories.
Quick Verdict — Australia Traders
Australia traders comparing FXTM and FxPro face a tough choice between two top ASIC-regulated brokers. FXTM (ForexTime) has a CompareBroker score of 4.3/5, while FxPro scores 4.1/5. Both accept AUD deposits and offer local payment methods like BPAY, POLi, and Bank Transfer. FXTM is known for its ECN Zero account and educational resources, whereas FxPro stands out with cTrader and raw spreads. For experienced Australia traders seeking low-cost trading and reliable regulation, both brokers deliver. However, FXTM edges ahead with a slightly higher score and more flexible account options. This comparison breaks down costs, platforms, and local features to help you decide.
Overall Scores Comparison
Trading Costs - Spreads & Commissions
| Instrument | FXTM | 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 | $200 | $100 | FxPro |
For Australia traders, spread costs matter significantly. FXTM's ECN Zero account offers spreads from 0.0 pips with a $7 commission per lot round turn. FxPro's Edge account also starts at 0.0 pips but charges only $6 commission per lot. On AUD/USD, FXTM's standard account spreads average 1.2 pips, while FxPro's standard account averages 1.0 pips. High-volume traders will save more with FxPro due to lower commission, but FXTM's zero-commission Standard account suits smaller traders. Both brokers offer competitive pricing for Australia clients.
Account Types Comparison
| Account Type | FXTM | FxPro |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✓ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✓ | ✗ |
| Zero spread account | ✗ | ✓ |
| Copy trading | ✓ | ✗ |
| Min deposit | $200 | $100 |
Leverage Comparison - Australia Traders
| Entity / Asset | FXTM | FxPro |
|---|---|---|
| Australia (offshore) | Up to 1:3000 | Up to 1:500 |
| Forex major pairs | 1:3000 | 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 | FXTM | FxPro | Winner |
|---|---|---|---|
| Forex pairs | 90+ | 65+ | FXTM |
| Gold (XAU/USD) | ✓ | ✓ | Tie |
| Oil (WTI/Brent) | ✓ | ✓ | Tie |
| Stock indices | 25+ indices | 20+ indices | FXTM |
| Crypto CFDs | ✗ | 20+ | FXTM |
| Stocks / Share CFDs | ✗ | 1,700+ | FxPro |
| ETFs | ✗ | ✗ | Tie |
Platforms Comparison
| Platform | FXTM | FxPro |
|---|---|---|
| MetaTrader 4 (MT4) | ✓ | ✓ |
| MetaTrader 5 (MT5) | ✓ | ✓ |
| cTrader | ✗ | ✓ |
| TradingView | ✗ | ✗ |
| Expert Advisors (EAs) | ✓ | ✓ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
Australia traders can choose from MT4, MT5, and proprietary platforms at both brokers. FXTM offers MT4, MT5, and its own FXTM Trader app. FxPro provides MT4, MT5, and cTrader, which is popular among scalpers for its advanced order types and depth of market. For Australia traders who value cTrader, FxPro is the clear choice. FXTM's platform suite is broader for mobile trading. Both brokers support VPS for automated trading, a key feature for experienced traders.
Execution Quality - Speed & Slippage
| Factor | FXTM | FxPro | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | FxPro |
| Avg execution speed | ~30ms | ~40ms | FXTM |
| Slippage | Very low | Very low | Tie |
| Requotes | Very rare | Very rare | Tie |
| Scalping allowed | ✓ | ✓ | Tie |
| EA / Bot trading | ✓ | ✓ | Tie |
Both brokers offer ECN execution with no requotes. FXTM uses Equinix data centers for low-latency execution, ideal for Australia traders trading during Asian sessions. FxPro also uses Equinix and provides raw spreads on its Edge account. FxPro's cTrader platform offers faster order execution due to its advanced infrastructure. For scalpers, FxPro's Edge account with cTrader is superior, while FXTM's ECN Zero account is also highly competitive.
Regulation & Safety for Australia Traders
| Safety Factor | FXTM | FxPro |
|---|---|---|
| Primary regulator | FCA | FCA |
| Top-tier regulated | ✓ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
Both FXTM and FxPro hold ASIC licenses, which is critical for Australia traders. ASIC requires client funds to be held in segregated trust accounts and prohibits binary options and certain high-risk products. FXTM operates under AFSL 532776, and FxPro under AFSL 509956. Both comply with ASIC's leverage cap of 30:1 for retail traders. This regulation ensures Australia traders have strong legal protection and transparent operations. Neither broker offers bonuses or promotions to ASIC clients, in line with local rules.
Deposits & Withdrawals for Australia
| Payment Method | FXTM | FxPro |
|---|---|---|
| Bank Wire Transfer | ✓ | ✓ |
| Visa / Mastercard | ✓ | ✓ |
| Skrill | ✓ | ✓ |
| Neteller | ✓ | ✓ |
| USDT / Crypto | ✓ | ✗ |
| Withdrawal time | 24 hours (often in 30 minutes),Credit / Debit Cards (Visa, Mastercard): 1 to 3 business days. | 1 business day |
Australia traders can fund accounts using BPAY, POLi, Bank Transfer, and Credit Card at both FXTM and FxPro. Deposits are free and instant with BPAY and POLi. FXTM requires a minimum deposit of $100 AUD, while FxPro requires $200 AUD. Withdrawals are processed within 1-2 business days via Bank Transfer or Credit Card. FXTM also supports Skrill and Neteller, and FxPro adds UnionPay. Both brokers do not charge deposit fees, but bank transfers may incur intermediary fees. For Australia traders, BPAY and POLi are the most convenient and cost-effective options.
Islamic Accounts - Swap-Free for Australia Muslims
| Islamic Account Feature | FXTM | 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 FXTM and FxPro offer Islamic (swap-free) accounts for Australia Muslim traders. FXTM provides Islamic accounts on all standard and ECN account types without additional fees. FxPro offers Islamic accounts on request for MT4 and MT5 accounts, but not for cTrader. Both brokers comply with Sharia law by not charging or paying swap fees on overnight positions. Australia traders should note that Islamic accounts may have longer holding periods before swap-free status applies. Overall, both brokers accommodate Australia Muslim traders well.
Customer Support Comparison
| Support Feature | FXTM | FxPro | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✓ | ✓ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | FXTM |
FXTM offers 24/5 live chat, email, and phone support in English, with a dedicated Australia phone number. FxPro provides 24/5 live chat, email, and phone support, also with an Australia-dedicated line. Both brokers have responsive support, but FXTM edges ahead with faster chat response times. Australia traders can expect local business hours support for phone inquiries.
Mobile App Comparison
| Mobile Feature | FXTM | FxPro | Winner |
|---|---|---|---|
| iOS App Store rating | 4.5 stars | 4.3 stars | FXTM |
| Google Play rating | 4.3 stars | 4.2 stars | FXTM |
| Biometric login | ✓ | ✓ | Tie |
| Push notifications | ✓ | ✓ | Tie |
| Full charting on mobile | ✓ | ✓ | Tie |
| TradingView mobile | ✗ | ✗ | Tie |
Education & Research Tools
| Resource | FXTM | FxPro | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | Weekly | Monthly | Tie |
| Economic calendar | ✓ | ✓ | Tie |
| Market analysis | Daily | Basic | FXTM |
Real User Reviews - Trustpilot
Pros & Cons of Each Broker
FXTM
FxPro
Who Should Use Which Broker? - Australia Guide
Choose FXTM if you...
- Prefer a wider range of account types including ECN Zero and Standard
- Want lower minimum deposit of $100 AUD
- Value educational resources and webinars for Australia traders
- Need access to Skrill or Neteller for deposits
Choose FxPro if you...
- Want cTrader platform with raw spreads and depth of market
- Trade high volume and want lower commission ($6 per lot)
- Prefer fixed spreads on standard accounts
- Need UnionPay for deposits
FAQ - FXTM vs FxPro in Australia
Final Verdict - Australia 2026
For Australia traders, both FXTM and FxPro are excellent ASIC-regulated brokers. FXTM scores 4.3/5 and offers more account flexibility, lower minimum deposits, and strong educational support. FxPro scores 4.1/5 and excels with cTrader, lower commissions, and raw spreads. Your choice depends on platform preference: FXTM for MT4/MT5 versatility, or FxPro for cTrader and scalping. Both accept BPAY, POLi, and Bank Transfer, making deposits easy for Australia traders. We recommend FXTM for most Australia traders due to its higher score and broader account options, but FxPro is a close second for cTrader enthusiasts.