FP Markets vs Vantage: The Ultimate 2026 Comparison
FP Markets and Vantage are two popular ASIC-linked brokers with raw-spread accounts. FP Markets leads on instrument range and platform choice; Vantage counters with a genuine FCA option, higher offshore leverage and a huge copy-trading community. Here is the 2026 breakdown.
FP Markets
Vantage
FP Markets vs Vantage: 2026 at a glance
| Feature | FP Markets | Vantage |
|---|---|---|
| Founded / HQ | 2005 / Sydney | 2009 / Sydney |
| Regulation | ASIC, CySEC, FSCA, FSA Seychelles, FSC Mauritius | ASIC, FCA (UK), FSCA, FSC Mauritius, VFSC |
| Min deposit | $100 | $50 |
| EUR/USD spread | ~1.0 (Standard) / ~0.0-0.2 (Raw) | ~1.3 (Standard STP) / from 0.0 (RAW ECN) |
| Commission (raw) | $6 round turn | $6 RT (RAW ECN) / $3 (Pro ECN, $10k min) |
| Max leverage | Up to 1:500; 1:30 ASIC/CySEC | Up to 1:2000 (Premium marketed higher) |
| Platforms | MT4, MT5, cTrader, TradingView, IRESS | MT4, MT5, TradingView, Vantage App |
| Instruments | 10,000+ (incl. IRESS DMA shares) | 1,000+ |
| Copy trading | Social hub (cTrader Copy, PAMM, Myfxbook) | V Social (373,000+ copiers) |
| Trustpilot | 4.8/5 (~10,000) | 4.5/5 (~11,400) |
| Best for | Instrument range & DMA shares | FCA option, higher leverage & copy |
FP Markets: huge range and low commission
FP Markets pairs a low-cost Raw account (EUR/USD from 0.0 to 0.2 pips at $6 round turn) with over 10,000 instruments, including direct-market-access share trading via IRESS. It runs MT4, MT5, cTrader and TradingView under ASIC, CySEC and FSCA regulation, from a $100 minimum.
Leverage reaches up to 1:500 offshore and 1:30 under ASIC/CySEC. Its social hub covers cTrader Copy, PAMM and Myfxbook. Some users report withdrawal-process friction, and the Saint Vincent entity is unregulated.
Pros
- Massive 10,000+ instrument range
- IRESS DMA share trading plus MT4/MT5/cTrader
- Low $6 round-turn Raw commission
- Strong 4.8/5 Trustpilot
Cons
- Max leverage 1:500 (below Vantage offshore 1:2000)
- Standard-account spreads unremarkable
- Some withdrawal-process complaints
- Saint Vincent entity is unregulated
Best for: Cost-conscious active traders and DMA share traders who want a huge instrument range.
Visit FP Markets →Vantage: FCA option and big copy community
Vantage offers a RAW ECN account (EUR/USD from 0.0 pips at $6 round turn) and a Pro ECN tier dropping to $3 round turn (with a $10k minimum), from a low $50 entry. It runs MT4, MT5, TradingView and its Vantage App across 1,000+ instruments.
Its V Social platform claims 373,000+ registered copiers. Vantage operates a genuine FCA (UK) entity alongside ASIC and offshore arms, with leverage up to 1:2000. A marketed Premium Unlimited account carries an eye-catching headline leverage figure that is more marketing than practical.
Pros
- Low $50 entry; RAW ECN at $6 (Pro ECN $3 at $10k)
- Genuine FCA (UK) and ASIC options available
- Large V Social copy community (373,000+ copiers)
- Higher offshore leverage (up to 1:2000)
Cons
- Complex multi-entity structure; protection varies
- Most international signups are not FCA-covered
- Standard STP spreads relatively wide (~1.3 pip)
- Premium Unlimited leverage headline is gimmicky
Best for: Copy/social traders and those wanting a genuine Tier-1 option with higher offshore leverage at a low entry.
Visit Vantage →Head-to-head: the key differences
Two strong raw-spread brokers pulling in different directions. Here is the split.
Instruments & platforms
FP Markets offers 10,000+ instruments (including IRESS DMA shares) plus cTrader; Vantage lists ~1,000 but adds the V Social copy platform and Vantage App. Range favours FP; copy ecosystem favours Vantage.
Cost
Both offer RAW at $6 round turn from 0.0 pips; Vantage Pro ECN drops to $3 (with a $10k minimum), and Vantage entry ($50) is lower than FP ($100). Vantage is slightly cheaper to start and can go lower on commission.
Regulation
Vantage runs a genuine FCA (UK) entity alongside ASIC; FP Markets is ASIC/CySEC/FSCA without FCA. Tier-1 seekers favour Vantage, but only under its FCA/ASIC entity.
Leverage
Vantage offers up to 1:2000 offshore versus FP Markets 1:500. Higher-leverage offshore traders favour Vantage; both cap ASIC/CySEC retail at 1:30.
Final verdict
Choose FP Markets for the widest instrument range (including DMA shares) and cTrader support. Choose Vantage for a genuine FCA option, a large copy-trading community, higher offshore leverage and a lower entry.
Both are credible ASIC-linked brokers; confirm the entity you register under before depositing.
Frequently asked questions
Is FP Markets or Vantage cheaper to start?
Vantage, at a $50 minimum versus $100 at FP Markets. Both charge $6 round turn on raw accounts, and Vantage Pro ECN drops to $3 with a $10k deposit.
Which has more instruments?
FP Markets, with 10,000+ including IRESS DMA shares, versus about 1,000+ at Vantage.
Which is better regulated?
Vantage runs a genuine FCA (UK) entity alongside ASIC; FP Markets is ASIC/CySEC/FSCA without FCA. Protection depends on the entity you register under.
Which offers higher leverage?
Vantage offers up to 1:2000 offshore versus FP Markets 1:500. Both cap ASIC/CySEC retail clients at 1:30.
Which has better copy trading?
Vantage runs V Social with 373,000+ copiers. FP Markets offers cTrader Copy, PAMM and Myfxbook through its social hub.