eToro vs FP Markets 2026

Head to head

	eToro	FP Markets
Primary regulator	FCA 583263	ASIC 286354
Regulation tier	tier-1	tier-1
Min deposit	$50	$100
EUR/USD spread	1 pips	From 0.0 pips (ECN)
Instruments	3,000+	10,000+
MetaTrader	No	Yes (MT4+MT5)
Copy trading	Yes	No
Real stocks	Yes	Yes
Inactivity fee	$10/mo after 12mo	None
Founded	2007	2005
Headquarters	Tel Aviv, Israel	Sydney, Australia

Regulation: eToro vs FP Markets

eToro is regulated by FCA under licence 583263 (eToro (UK) Ltd). The FCA is a tier-1 regulator. Client funds are held in segregated accounts and negative balance protection applies.

FP Markets is regulated by ASIC under licence 286354 (First Prudential Markets Pty Ltd). The ASIC is a tier-1 regulator. Client funds are held in segregated accounts and negative balance protection applies.

Both brokers are regulated by tier-1 authorities. Neither has a significant regulatory advantage over the other.

Spreads and fees

eToro's EUR/USD spread is 1 pips. FP Markets's EUR/USD spread is From 0.0 pips (ECN). FP Markets offers tighter spreads on this pair.

eToro charges an inactivity fee of $10/month after 12 months without trading. FP Markets does not charge an inactivity fee.

Platforms and tools

FP Markets supports MetaTrader. eToro uses a proprietary platform only — traders who need MT4/MT5 for automated strategies should choose FP Markets.

eToro offers copy trading, FP Markets does not.

Minimum deposit

eToro requires a minimum deposit of $50. FP Markets requires $100. eToro has the lower barrier to entry. Traders who want to start with less capital should consider eToro.

Note that minimum deposits can vary by account type and by which regulatory entity serves your country. Some offshore entities allow lower deposits than the tier-1 entity.

Which is better for beginners?

eToro is generally better for beginners because it offers copy trading, allowing new traders to replicate experienced traders automatically while learning. eToro also has the lower minimum deposit of $50, making it easier to start with a small amount. Both platforms are accessible to new traders, though neither is specifically designed as a beginner-only broker.

Which is better for experienced traders?

FP Markets is better for experienced traders who need MetaTrader. FP Markets's tighter spreads (From 0.0 pips (ECN)) make it better for high-frequency and scalping strategies. FP Markets offers more instruments (10,000) for portfolio diversification.

Verdict: eToro vs FP Markets

Choose eToro if you want lower minimum deposit ($50 vs $100), copy trading. The FCA licence (583263) gives it strong tier-1 regulatory backing.

Choose FP Markets if you want tighter spreads, MetaTrader support, more instruments (10,000 vs 3,000), no inactivity fee. The ASIC licence (286354) means strong tier-1 regulatory protection.

Both brokers are legitimate and regulated. The choice comes down to your specific trading requirements.

Frequently asked questions

eToro vs FP Markets: which is better?

eToro is better for lower minimum deposit ($50 vs $100), copy trading. FP Markets is better for tighter spreads, MetaTrader support, more instruments (10,000 vs 3,000), no inactivity fee. If regulation quality is your priority, both have comparable regulation.

Is eToro or FP Markets safer?

Both eToro (FCA 583263) and FP Markets (ASIC 286354) are regulated by tier-1 authorities. Both segregate client funds.

What is the minimum deposit for eToro and FP Markets?

eToro minimum deposit: $50. FP Markets minimum deposit: $100. Minimums vary by entity and account type.

Do eToro and FP Markets have MetaTrader?

FP Markets supports MT4 and MT5. eToro does not offer MetaTrader.