FP Markets vs MG FOREX
A side-by-side look at FP Markets and MG FOREXusing the data we hold on each — score, regulators, platforms, minimum deposit, spreads and leverage. Blank fields mean we have nothing verified on record, not a “no”.
FP Markets
Score 8.88Low-spread ECN execution from 0.0 pips on institutional-grade infrastructure
MG FOREX
Score 7.6Competitive forex and CFD trading for beginners and pros alike
FP Markets vs MG FOREX: the short verdict
FP Markets carries the higher overall score of the two — 8.88 against MG FOREX's 7.6. FP Markets lists more regulators than MG FOREX (4 to 1), including ASIC, CMA and CySEC. Both run on MetaTrader 4 and MetaTrader 5. FP Markets additionally lists cTrader and Proprietary platform. MG FOREX is the longer-established of the two, trading since 1992 against 2005 for FP Markets.
Side-by-side comparison
| Feature | FP Markets | MG FOREX |
|---|---|---|
| Min Deposit | $100 | $0 |
| Raw Spread | 0.0 pips | 100$ |
| Max Leverage | Varies by jurisdiction and account type | 400:1 |
| Regulations | ASIC, CMA, CySEC, +1 others | FCA |
| Platforms | MetaTrader 4, MetaTrader 5, +3 others | MT4, MT5 |
| Islamic Acc | No | No |
| Copy Trading | No | Yes |
| Overall rating | 8.88 | 7.6 |
This comparison is an independent directory listing, not financial advice or a recommendation. Trading forex and CFDs carries a significant risk of loss. Always verify a broker's regulatory status with the official authority before depositing.
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