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Head to head

FP Markets vs Opofinance

FP Markets is licensed by ASIC in Australia, CySEC in the European Union and CMA in Kenya, and also has an offshore registration. Opofinance holds only an offshore registration (International). 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 $100 at FP Markets and $100 at Opofinance. Only FP Markets offers negative balance protection. Both offer segregated client money.

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

FP Markets profileOpofinance 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
FP MarketsStrictly regulatedRead the profile
OpofinanceOffshore registration onlyRead the profile
Comparing
FP MarketsRaw account · Australia
OpofinanceInternational

Overview

Founded
2005
Not yet checked
Headquarters
Sydney, Australia
Kingstown, St Vincent and the Grenadines (group companies in Seychelles, Australia and South Africa)
Official websites
  • fpmarkets.com
  • fpmarkets.eu
  • fpmarkets.co.ke
  • opofinance.com
  • opoforex.com
Facts last checked
20 October 2026
20 October 2026

Regulation and protection

Company you would contract with
First Prudential Markets Pty Ltd
Opo Group Ltd
Regulator
ASIC
Australia
FSA Seychelles
International
Regulation level
Strictly regulated
Offshore registration only
Licence number
AFSL 286354
Check the register
SD124 (Securities Dealer)
Check the register
Clients this company serves
Australian residents
Opofinance says clients onboarded under this company use cTrader and TradingView accounts
All licences held
  • ASIC (Australia)
  • CySEC (European Union)
  • CMA (Kenya)
  • FSA Seychelles (Seychelles)
  • FSA Seychelles (International)
Segregated client money
Yes
Yes
Negative balance protection
Yes
No
Compensation scheme
ICF up to €20,000 (Cyprus company); none for the Australian, Seychelles or Saint Lucia companies
Membership of The Financial Commission (Opo Group LLC), a private dispute body with cover of up to €20,000 per case; no government scheme

Costs

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

Leverage and margin

Maximum retail leverage
1:30 on major pairs (Australia, EU); up to 1:500 at the international companies
Up to 1:2000
Retail leverage by asset class
  • Major currency pairs (Australia: 1:30
  • Currency pairs (international companies): up to 1:500
Not yet checked
Margin call level
Not yet checked
80%
Stop-out level
Not yet checked
20%

Account

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

Platforms and features

Platforms
  • MetaTrader 4
  • MetaTrader 5
  • cTrader
  • TradingView
  • WebTrader
  • MetaTrader 4
  • MetaTrader 5
  • cTrader
  • TradingView
  • OpoTrade
Markets
70+ currency pairs, metals, indices, commodities, share CFDs and crypto CFDs
About 1,150 CFDs on forex, metals, commodities, indices, shares and cryptocurrencies
Demo account
Yes
Not yet checked
Copy trading
Not yet checked
Yes
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
  • Bank wire
  • Visa
  • Mastercard
  • Skrill
  • Neteller
  • Crypto
  • Broker-to-broker transfer
  • Visa and Mastercard
  • USDT (TRC20)
  • Other cryptocurrencies
  • Volet
  • Top Change
Withdrawal fee
Not yet checked
$3–6 for crypto, 2% (minimum $1) for Volet; card deposits cost 2.5% (minimum $1)
Inactivity fee
Not yet checked
Not yet checked

Support

Customer support
Not yet checked
24/7 AI support agent and support@opofinance.com

Our notes

Strengths
  • 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
  • Sister company Opo Group Ltd is listed by the FSA Seychelles as a securities dealer
  • The client agreement says client money is held in segregated accounts
  • Five platforms, including MT4, MT5, cTrader and TradingView
Watch out for
  • 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.
  • The published client agreement is with Opo Group LLC in St Vincent, which is a company registration, not a securities licence
  • The ASIC licence only allows general advice; it does not license the trading accounts
  • Says OPO Finance (Pty) Ltd is authorised by the FSCA (licence 54594); we could not confirm it on the FSCA register on 2026-10-20 (the register could not be reached).
  • Its risk warning says you can lose more than your deposit, and we found no negative balance protection; leverage goes up to 1:2000

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:

  • 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.
  • Opofinance: 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 Opofinance. 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.

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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