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Head to head

ePlanet Brokers vs FP Markets

ePlanet Brokers holds only an offshore registration (Vanuatu). FP Markets is licensed by ASIC in Australia, CySEC in the European Union and CMA in Kenya, and also has an offshore registration. The licence that applies to you depends on where you live, so check which company you would contract with before comparing anything else.

Minimum deposits start at $30 at ePlanet Brokers and $100 at FP Markets. Only FP Markets offers negative balance protection and segregated client money.

Facts last checked: ePlanet Brokers on 20 October 2026, FP Markets on 20 October 2026.

ePlanet Brokers profileFP Markets profile
Broker 1
Broker 2
Broker 3

Monthly cost uses the account chosen in each slot: cost per lot × your lots. Swap and other fees are extra. The lowest monthly cost is highlighted only as a fact about cost, not as a recommendation.

Broker
ePlanet BrokersOffshore registration onlyRead the profile
FP MarketsStrictly regulatedRead the profile
Comparing
ePlanet BrokersVanuatu
FP MarketsRaw account · Australia

Overview

Founded
Not yet checked
2005
Headquarters
Fomboni, Mohéli (Comoros); User Agreement address in Podgorica, Montenegro
Sydney, Australia
Official websites
  • eplanetbrokers.com
  • fpmarkets.com
  • fpmarkets.eu
  • fpmarkets.co.ke
Facts last checked
20 October 2026
20 October 2026

Regulation and protection

Company you would contract with
Nebula Ventures Ltd
First Prudential Markets Pty Ltd
Regulator
VFSC
Vanuatu
ASIC
Australia
Regulation level
Offshore registration only
Strictly regulated
Licence number
Financial Dealers Licence, company no. 700819
Check the register
AFSL 286354
Check the register
Clients this company serves
Not stated by ePlanet. Its published User Agreement is with Eplanet Brokers Ltd (Comoros), not this company
Australian residents
All licences held
  • VFSC (Vanuatu)
  • ASIC (Australia)
  • CySEC (European Union)
  • CMA (Kenya)
  • FSA Seychelles (Seychelles)
Segregated client money
No
Yes
Negative balance protection
No
Yes
Compensation scheme
None
ICF up to €20,000 (Cyprus company); none for the Australian, Seychelles or Saint Lucia companies

Costs

Your monthly cost
No accounts listed
$79$7.9 per lot × 10 lots
Cost per lot (EUR/USD)
No accounts listed
$7.9
Spread from
No accounts listed
0.0 pips
Typical EUR/USD spread
No accounts listed
0.2 pips
Commission per lot (round turn)
No accounts listed
$6
Typical GBP/USD spread
Not yet checked
0.5 pips
Typical USD/JPY spread
Not yet checked
0.6 pips
Typical XAU/USD spread
Not yet checked
10 cents
Swap-free account
Not yet checked
Yes

Leverage and margin

Maximum retail leverage
Up to 1:500
1:30 on major pairs (Australia, EU); up to 1:500 at the international companies
Retail leverage by asset class
Not yet checked
  • Major currency pairs (Australia: 1:30
  • Currency pairs (international companies): up to 1:500
Margin call level
100%
Not yet checked
Stop-out level
50% (Zero, Gold); 40% (ECN); 30% (Elite)
Not yet checked

Account

Minimum deposit (this account)
No accounts listed
$100
Base currencies
No accounts listed
Not yet checked
Execution
No accounts listed
Raw spread plus US$3 commission per lot each way (MT4, MT5, cTrader, TradingView)

Platforms and features

Platforms
  • MetaTrader 5
  • cTrader
  • MetaTrader 4
  • MetaTrader 5
  • cTrader
  • TradingView
  • WebTrader
Markets
400+ CFDs on forex, gold and metals, shares, indices and energy
70+ currency pairs, metals, indices, commodities, share CFDs and crypto CFDs
Demo account
Yes
Yes
Copy trading
Yes
Not yet checked
Expert advisors (automated trading)
Yes
Yes
News trading allowed
Not yet checked
Not yet checked
Guaranteed stops
Not yet checked
Not yet checked

Deposits and withdrawals

Deposit methods
  • Cryptocurrency (USDT TRC20
  • TRX
  • BTC
  • ETH
  • BNB)
  • Bank wire
  • Visa
  • Mastercard
  • Skrill
  • Neteller
  • Crypto
  • Broker-to-broker transfer
Withdrawal fee
Crypto deposits are listed as free; withdrawal fees are shown in the client portal
Not yet checked
Inactivity fee
Not yet checked
Not yet checked

Support

Customer support
24/7 multilingual support
Not yet checked

Our notes

Strengths
  • Group company Nebula Ventures Ltd is on the VFSC list of financial dealer licensees (active, licensed 10 July 2025)
  • Low entry point, with a $30 Zero account
  • Both MetaTrader 5 and cTrader are offered
  • Licensed by ASIC and CySEC, with retail client money held separately from company funds
  • Publishes average spreads per account (EUR/USD 1.29 pips Standard, 0.19 pips Raw)
  • Wide platform choice, including cTrader and TradingView
Watch out for
  • The User Agreement is with Eplanet Brokers Ltd, a Comoros-registered company, not the Vanuatu licensee; the website does not say which clients the Vanuatu company serves
  • The website links to a Mwali (MISA) record for Eplanet Brokers Ltd but quotes no licence number; we could not open MISA's register on 2026-10-20 to check it.
  • The risk warning says you can lose more than your deposit, and we found no negative balance protection or client money segregation commitment
  • Deposits are listed by cryptocurrency only
  • The international website is operated by FP Markets Ltd, a Saint Lucia company (registration 2025-00853) that holds no financial licence; check which company your client agreement names.
  • International clients may be placed with the Seychelles company (offshore tier), with leverage up to 1:500 and no compensation scheme
  • Says FP Markets (Pty) Ltd is an FSCA-authorised financial services provider (FSP 50926); we could not confirm it on the FSCA register on 2026-10-20 because the register could not be reached.

Risk warnings

The buttons to a broker’s website above the table are partner links: we may earn a commission if you open an account through them. That never changes the facts shown here. Trading leveraged products such as forex and CFDs carries a high risk of losing money rapidly, and most retail accounts lose money. Each broker’s own warning:

  • ePlanet Brokers: Trading involves a high level of risk and may not be suitable for all traders or investors. You should carefully consider your trading goals or objectives, financial situations, level of experience and needs before entering into margin trading with eplanet brokers. There is a risk of losing substantially more than the investor’s initial investment. Hence, we advise you to only trade the products if you fully understand the risks involved, and can afford them.
  • FP Markets: Derivative products are highly leveraged, carry a high level of risk and may not be appropriate for all investors. The legal documents should be considered before entering into transactions with us.

Open this comparison in the full tool to share a link with your own accounts and companies chosen.

Other head-to-head pages

Cost per lot is the typical EUR/USD spread in busy hours × $10, plus any round-turn commission, for one standard lot. “Not yet checked” means we have not confirmed that fact yet. This page compares facts; it does not rank the brokers or recommend either. Confirm costs and licences on each broker’s site and the regulator’s public register before opening an account: see how we review brokers and check a broker yourself.

Nothing on this page is financial advice. Read the full disclaimer.

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