Exness vs FP Markets: fees, cashback and which to choose
Exness is the broker known for instant withdrawals and low spreads; FP Markets is an Australian ECN broker with some of the tightest spreads. We compare them on fees, available cashback and which trader profile each suits — plus how to recover part of your fees on both.
Quick comparison
| Exness | FP Markets | |
|---|---|---|
| Cashback | 30% | 26% |
| Applies to | of spreads and commissions | of spreads and commissions |
| Countries | 7+ | 5+ |
| Best for | traders who value fast withdrawals and the highest forex cashback | forex and CFD traders who prioritize low cost and platform variety |
Fees
Exness. Competitive spreads and zero per-lot commission on some account types; instant withdrawals.
FP Markets. ECN spreads from 0.0 pips plus per-lot commission; MT4/MT5, cTrader and IRESS support.
Available cashback
Exness offers more cashback (30%) than FP Markets (26%), so you recover a larger share of every fee you pay. The gap matters most if you trade with volume.
Work out how much you'd recover for your volume with the cashback calculator.
Pros and cons
Pros
- Near-instant withdrawals
- 30% cashback (highest among brokers)
- Flexible leverage
- Good LATAM availability
Cons
- Fewer instruments than multi-asset brokers
- Conditions vary by region
Pros
- Among the lowest ECN spreads
- Wide platform variety (cTrader, IRESS)
- Long track record and regulation
- 26% cashback via Omanero
Cons
- Inactivity fees
- Less educational material than XM
Best for each profile
Choose Exness if you're traders who value fast withdrawals and the highest forex cashback. Choose FP Markets if you're forex and CFD traders who prioritize low cost and platform variety.
Verdict
If your priority is recovering the most fees, Exness leads with 30% cashback. If you value FP Markets's profile more, you still recover fees at 26%. Best of all: you don't have to choose — use both and earn cashback on each.
Recover fees on Exness and FP Markets with verifiable payments.