Written by ForexBrokers.com
In this head to head comparison of FP Markets vs Earn, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 51% and 89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
FP Markets and Earn are two online brokers with distinct safety profiles, each offering unique regulatory credentials to their clients. Founded in 2005, FP Markets has established itself over the years with a strong safety framework. It holds two Tier-1 licenses considered highly trusted and one Tier-2 license deemed trusted by industry standards. With a Trust Score of 89 out of 99 from ForexBrokers.com, FP Markets is regarded as a trusted choice among traders. Although it is neither publicly traded nor a bank, its reputable safety measures provide clients with reliability.
On the other hand, Earn has been in operation since 1994 and holds one Tier-1 license, which signifies a high level of trust. However, it lacks any Tier-2 licenses, unlike its counterpart. Earn's Trust Score is 71 out of 99, placing it in the average risk category. Like FP Markets, Earn is neither listed on a stock exchange nor operates as a banking institution. These differences highlight the varying levels of trust and risk associated with each broker, offering potential clients valuable insights when making investment decisions.
| Feature |
FP Markets
|
Earn
|
|---|---|---|
| Year Founded | 2005 | 1994 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 1 |
| Tier-2 Licenses | 1 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 0 |
When comparing FP Markets with Earn for commissions and fees, FP Markets stands out as a top choice for traders globally. It is especially appealing for those using its ECN account, which offers highly competitive pricing and was honored as Best in Class for Commissions and Fees by ForexBrokers.com in their 2024 Annual Awards. FP Markets' Raw ECN account provides competitive spreads averaging 0.1 pips, increasing to 0.8 pips when including commissions. By contrast, the Standard account features higher spreads, averaging 1.1 pips for EUR/USD in October 2023. FP Markets also offers several Iress platform accounts with different features and deposit requirements, but these are better suited for active and high-balance traders.
In comparison, Earn doesn't provide average spread data, making a direct cost comparison somewhat challenging. However, FP Markets has a clear edge in transparency and pricing due to its well-documented spread and commission structure. Moreover, while FP Markets received a perfect 5-star rating for commissions and fees, placing 6th out of 62 brokers, Earn was rated 4 stars and ranked 46th in the same category according to ForexBrokers.com.
FP Markets' variety of account types, from the highly competitive Raw ECN to the hierarchy of Iress accounts, offers flexibility and choice that might be more limited with Earn. Traders seeking cost-effectiveness, combined with great platform features, might find FP Markets particularly appealing. It's worth noting that FP Markets' higher-tier Iress accounts cater specifically to active traders with significant balances, potentially limiting options for those on a budget. Although Earn doesn't offer the same extensive information on its fee structure, its lower ranking suggests it may not provide similar values to traders focusing on cost efficiency.
| Feature |
FP Markets
|
Earn
|
|---|---|---|
| Minimum Deposit | $100 AUD | $100 |
| Average Spread EUR/USD - Standard | 1.2 | N/A |
| All-in Cost EUR/USD - Active | 0.7 | N/A |
| Active Trader or VIP Discounts | Yes | Yes |
| ACH or SEPA Transfers | No | No |
| PayPal (Deposit/Withdraw) | Yes | No |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When comparing FP Markets and Earn in terms of investment options, FP Markets clearly stands out with a significantly higher variety of tradeable symbols and forex pairs. FP Markets offers an impressive 10,000 tradeable symbols and 71 forex pairs, while Earn provides 500 tradeable symbols and 61 forex pairs. Both platforms support CFD or spot contract trading for forex and offer the possibility of trading cryptocurrency derivatives, though neither broker facilitates the purchase of physical cryptocurrency or exchange-traded securities on U.S. or international exchanges. Furthermore, both brokers offer copy trading, enhancing the appeal for those interested in mirroring the investments of experienced traders.
Despite some similarities, FP Markets is rated higher for its range of investments, earning 4.5 stars compared to Earn's 3.5 stars. This higher rating is also reflected in their respective standings, with FP Markets ranked 18th out of 62 brokers by ForexBrokers.com, while Earn is positioned at 45th. The more extensive range offered by FP Markets makes it a more attractive option for investors seeking diversity in their trading portfolios. Additionally, the availability of more tradeable symbols and forex pairs indicates broader opportunities for investors to explore various markets, potentially leading to greater investment success.
| Feature |
FP Markets
|
Earn
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 10000 | 500 |
| Forex Pairs (Total) | 71 | 61 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | No | No |
| Social Trading / Copy Trading | Yes | Yes |
| Cryptocurrency (Physical) | No | No |
| Cryptocurrency (Derivative) | Yes | Yes |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
Dive deeper: Best Copy Trading Platforms.
When comparing FP Markets and Earn for their trading platforms and tools, both brokers provide traders with a range of options to suit different needs. Offering simulated trading with virtual demo accounts, both platforms allow new and experienced traders to practice their strategies risk-free. FP Markets stands out with its proprietary platform, providing something unique that is developed in-house. Both brokers supply Windows-based desktop and web-based trading platforms, alongside offering copy trading, and popular MetaTrader 4 and MetaTrader 5 platforms. However, differences emerge with ZuluTrade, where only Earn provides this option, catering to those interested in this specific form of social trading.
For charting tools, FP Markets provides slightly more drawing tools than Earn, with 17 compared to 15. Both brokers enable users to trade directly from stock charts and offer the same columns for watch lists, ensuring a seamless trade management experience. In terms of overall quality, both brokers received a rating of four stars for their trading platforms and tools. Yet, FP Markets is ranked higher at #23 compared to Earn at #51 by ForexBrokers.com, indicating a higher overall satisfaction and performance in their platform’s offering.
| Feature |
FP Markets
|
Earn
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | No |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| DupliTrade | No | No |
| ZuluTrade | No | Yes |
| Charting - Indicators / Studies (Total) | 30 | 35 |
| Charting - Drawing Tools (Total) | 17 | 15 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Both FP Markets and Earn offer convenient mobile trading solutions for iPhone and Android users, making it easy to trade on the go. Both apps provide stock or forex price alerts and the capability to draw trendlines on charts, catering to active traders looking to stay informed and make swift decisions. However, neither FP Markets nor Earn supports watchlist symbol syncing, which means updates made on different devices need to be managed separately. When it comes to technical studies, FP Markets uses the MetaTrader platform by default, whereas Earn boasts 35 technical studies in its mobile charting capabilities.
Both FP Markets and Earn allow users to view multiple time frames and provide real-time quotes for creating a customized watchlist. Both apps also ensure any drawings made on stock or forex charts are saved automatically. In terms of user satisfaction, both trading apps receive a strong rating of 4 out of 5 stars, reflecting their effectiveness and reliability. Ranked by ForexBrokers.com, FP Markets holds an advantageous position at #18, while Earn follows at #26 out of 62 brokers, indicating a competitive edge for FP Markets in the mobile trading arena.
| Feature |
FP Markets
|
Earn
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | No | No |
| Mobile Charting - Indicators / Studies | MetaTrader (Default) | 35 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | Yes | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
FP Markets and Earn both offer daily market commentary and supply forex news from top-tier sources like Bloomberg and Reuters, ensuring traders stay informed with essential market insights. Both platforms provide economic calendars that highlight global economic events. However, FP Markets stands out with additional analytical tools. It partners with renowned companies like Autochartist and Trading Central, providing users with comprehensive technical and fundamental research tools. Furthermore, FP Markets offers a sentiment-based trading tool that displays ratios of long or short positions across various instruments, enriching traders' decision-making processes. In contrast, Earn lacks these specific features, potentially limiting the depth of market analysis users can perform.
Despite both brokers not incorporating research tools from TipRanks or Acuity Trading's Signal Centre, FP Markets is rated higher in the research category. With a research rating of 4 stars, it ranks #25 out of 62 brokers according to ForexBrokers.com, indicating its stronger research capabilities. Earn, on the other hand, earns a 3.5-star rating, placing it at #38 in the same category. These distinctions highlight FP Markets as a more resource-rich option for traders seeking detailed market analysis and varied research tools.
| Feature |
FP Markets
|
Earn
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | Yes | No |
| Trading Central (Recognia) | Yes | No |
| Social Sentiment - Currency Pairs | Yes | No |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
FP Markets outshines Earn when it comes to educational resources for beginner traders interested in forex or CFDs. FP Markets presents over 10 educational pieces, encompassing a variety of formats such as articles, videos, and archived webinars, allowing beginners to dive deep into the world of trading. In contrast, Earn falls short in this regard, lacking the same breadth of resources. FP Markets also provides additional support through its monthly online webinars, fostering a learning community where clients can gain insights from experts. Unfortunately, Earn does not offer such regular educational opportunities for its clients.
Furthermore, FP Markets ensures that traders can revisit past learning sessions with a searchable archive of recorded webinars, offering access to valuable content at any time. It also caters to traders of all skill levels with a substantial library of over 10 beginner and advanced videos on trading. This is paired with an elaborate investor dictionary containing more than 50 terms to help demystify industry jargon. Earn, on the other hand, doesn’t match these offerings, resulting in a lower educational rating of 3.5 stars compared to FP Markets’ 4 stars. Ranked #23 for education among 62 brokers by ForexBrokers.com, FP Markets far surpasses Earn, which is ranked at #61.
| Feature |
FP Markets
|
Earn
|
|---|---|---|
| Education (Forex or CFDs) | Yes | No |
| Client Webinars | Yes | No |
| Client Webinars (Archived) | Yes | No |
| Videos - Beginner Trading Videos | Yes | No |
| Videos - Advanced Trading Videos | Yes | No |
| Investor Dictionary (Glossary) | Yes | No |
Dive deeper: Best Forex Brokers for Beginners.
After testing 62 of the best forex brokers, our research and account testing finds that FP Markets is better than Earn. FP Markets finished with an overall rank of #19, while Earn finished with an overall rank of #50.
FP Markets shines as a low-cost broker for trading forex and CFDs – as long as you use the MetaTrader platform. The Iress platform suite offers well over 9,000 tradeable symbols, but it’s mostly a share trading platform – and is generally a much pricier option.
| Feature |
FP Markets
|
Earn
|
|---|---|---|
| Overall Rating |
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| Trust Score | 89 | 71 |
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Both FP Markets and Earn do not provide the option to buy actual delivered cryptocurrency, but they do offer the ability to purchase cryptocurrency derivatives, making them comparable choices for investors interested in trading crypto-based financial products without direct ownership of digital currencies.
When comparing online brokers FP Markets and Earn, both lack ACH or SEPA transfer options for deposits and withdrawals, but FP Markets offers more flexibility with PayPal availability (unavailable with Earn), while both platforms support Skrill, Visa, Mastercard, and bank wire transactions for fund management.
Please note:
We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.
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0 of 5| Overall Rating | FP Markets | Earn | |
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| Trust Score | 89 | 71 | |
| Winner | check_circle | ||
| Review | FP Markets Review |
| Broker Screenshots | FP Markets | Earn | |
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| Regulation | FP Markets | Earn | |
|---|---|---|---|
| Trust Score | 89 | 71 | |
| Year Founded | 2005 | 1994 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 2 | 1 | |
| Tier-2 Licenses | 1 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 0 |
| Tier-1 Licenses (Highly Trusted) | FP Markets | Earn | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | No | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | No | No | |
| United Kingdom (U.K.) (FCA Authorised) | No | No | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes |
| Tier-2 Licenses (Trusted) | FP Markets | Earn | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA/Central Bank Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | FP Markets | Earn | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 10000 | 500 | |
| Forex Pairs (Total) | 71 | 61 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | No | No | |
| Social Trading / Copy Trading | Yes | Yes | |
| Cryptocurrency (Physical) | No | No | |
| Cryptocurrency (Derivative) | Yes | Yes | |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
| Cost | FP Markets | Earn | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.2 | N/A | |
| All-in Cost EUR/USD - Active | 0.7 | N/A | |
| Active Trader or VIP Discounts | Yes | Yes | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | No | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | FP Markets | Earn | |
|---|---|---|---|
| Minimum Deposit | $100 AUD | $100 | |
| PayPal (Deposit/Withdraw) | Yes | No | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | No | No |
| Trading Platforms | FP Markets | Earn | |
|---|---|---|---|
| Proprietary Platform | Yes | No | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | Yes | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | Yes |
| Trading Tools | FP Markets | Earn | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 7 | 7 | |
| Charting - Indicators / Studies (Total) | 30 | 35 | |
| Charting - Drawing Tools (Total) | 17 | 15 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | FP Markets | Earn | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | No | No | |
| Mobile Charting - Indicators / Studies | MetaTrader (Default) | 35 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | Yes | |
| Mobile Economic Calendar | Yes | Yes |
| Research | FP Markets | Earn | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | Yes | No | |
| Trading Central (Recognia) | Yes | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | FP Markets | Earn | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | No | |
| Client Webinars | Yes | No | |
| Client Webinars (Archived) | Yes | No | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | Yes | No | |
| Investor Dictionary (Glossary) | Yes | No |
| Major Forex Pairs | FP Markets | Earn | |
|---|---|---|---|
| GBP/USD | Yes | Yes | |
| USD/JPY | Yes | Yes | |
| EUR/USD | Yes | Yes | |
| USD/CHF | Yes | Yes | |
| USD/CAD | Yes | Yes | |
| NZD/USD | Yes | Yes | |
| AUD/USD | Yes | Yes | |
| Review | FP Markets Review |
| Overall | FP Markets | Earn | |
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| Trust Score | 89 | 71 | |
| Winner | check_circle | ||
| Review | FP Markets Review |
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