Head to head
Bybit or FP Markets? Fees, regulation, platform and product range compared side by side — with a verdict drawn from the data.
Risk warning: CFDs and leveraged products are complex instruments and come with a high risk of losing money rapidly. Investments can fall in value. Past performance is not an indicator of future results.
The derivatives exchange that survived the largest theft in crypto history — and then got itself properly licensed in the EU.
Twenty years of ASIC-regulated plumbing behind the widest platform choice in the CFD market.
Advertising disclosure: where a partnership is active, we may earn a commission through broker links. The provider’s terms apply. Commissions do not influence our ratings; paid placements are separately labelled as sponsored.
Four decision axes, each derived from the recorded data.
Overall both land on 4.0 out of 5. The two pricing models cannot be converted like for like; the fee rows in the table carry the detail. FP Markets scores 68 against 57 out of 100 on the group index. Your account's protection depends on its legal entity. FP Markets covers more ground with 10 of 14 asset classes against 6. On platform and app Bybit is ahead, 4.5 against 3.8 out of 5. Which one is right depends on which of these axes matters for your trading profile.
Up to four brokers at once — every row a decision point.
Data as of: 30 Aug 2026
| Criterion | ||
|---|---|---|
| Overall score | 4.0 | 4.0 |
| Group index | 57 of 100 | 68 of 100 |
| Best for | Perpetual futures tradersCopy-trading followersAPI and algorithmic tradersCost-sensitive spot tradersEEA investors wanting a MiCA venue | DMA equity and futures CFD tradersTraders who want platform choiceActive forex tradersTradingView and cTrader usersCopy and social traders |
| Regulation | FMAFMAVARAAFSANBG | ASICCySECFSCACMAFSASaint Lucia registration |
| Top-tier licences | 2 — Better | 1 |
| Investor protection | None | €20,000 — Better |
| Listed group | No | No |
| Banking licence | No | No |
| Segregated client accounts | Yes | Yes |
| Negative balance protection | No | Yes |
| Audited financials | No | No |
| Disclosed regulatory actions | 3 | 1 |
| Founded | 2018 | 2005 |
| Headquarters | Dubai, AE | Sydney, AU |
| Fees | 4.4 | 4.4 |
| Safety & regulation | 3.1 | 3.8 — Better |
| Trading platform | 4.5 — Better | 3.9 |
| Product range | 4.4 — Better | 3.7 |
| Mobile app | 4.4 — Better | 3.7 |
| Research | 3.6 | 3.6 |
| Customer support | 3.6 | 4.2 — Better |
| Deposit & withdrawal | 3.8 | 4.5 — Better |
| Account opening | 4.2 | 4.6 — Better |
| Education | 3.7 | 3.7 |
| Reference order EUR 5,000 | Not offered | €1.84 |
| Minimum deposit | None — Better | A$100 |
| Stocks (per order) | Not offered | US$0.02/share |
| US stocks | n/a | US$0.02/share |
| ETFs | Not offered | in the spread |
| Options | tiered | Not offered |
| Futures | tiered | US$15 |
| Crypto | tiered | in the spread |
| Bonds (order) | n/a | in the spread |
| Funds (order) | n/a | n/a |
| EUR/USD spread | n/a | 0.1 pips |
| Index CFD spread | n/a | 0.4 points |
| FX conversion | n/a | n/a |
| Inactivity fee | None | n/a |
| Custody fee | None | None |
| Withdrawal fee | n/a | n/a |
| Deposit fee | Crypto deposits are free. In the EEA, Bybit Payments GmbH holds an Austrian e-money licence and issues dedicated IBANs, which makes SEPA the cheap route; card and third-party payment-provider deposits carry the provider's own percentage charge, typically low single digits. P2P trading is used for local fiat rails in markets without a direct banking connection. | Free on MetaTrader accounts for domestic bank transfer, cards, PayPal, Skrill, Neteller, BPay and POLi. International bank transfer costs AUD 12.50 on either platform. On the Iress platform card deposits cost 1.6% in AUD or 3.18% in any other currency, Neteller and Skrill 4.0%, and PayPal 2.0%. |
| Overnight financing | n/a | n/a |
| Other fees |
|
|
| Asset classes (of 14) | 6 | 10 — Better |
| Exchanges | n/a | 7 |
| Stocks | No | Yes |
| ETFs | No | Yes |
| Options | Yes | No |
| Futures | Yes | Yes |
| Forex | No | Yes |
| CFDs | No | Yes |
| Crypto | Yes | Yes |
| Bonds | No | Yes |
| Funds | No | No |
| Commodities | Yes | Yes |
| Indices | Yes | Yes |
| Warrants | No | No |
| Spread betting | No | No |
| Social trading | Yes | Yes |
| Platforms | Bybit webBybit desktop appBybit mobile appBybit APIBybit Copy TradingTradingView integrationBybit EU (bybit.eu) | MetaTrader 4MetaTrader 5cTraderTradingViewIress Trader / ViewPointIress InvestorWebTraderMobile trading appMAM / PAMM |
| Demo account | Yes | Yes |
| Fractional shares | No | No |
| Maximum leverage | 1:100 | 1:500 |
| Account opening | Fully online; registration takes minutes and identity verification usually clears the same day. EEA residents are routed to Bybit EU GmbH under the Austrian MiCA authorisation | Fully online in roughly 10–15 minutes; most applications approved the same day |
| Account types | Standard (non-VIP)VIP and Pro tiersBybit EUCopy Trading (lead trader)Bybit Institutional | Standard (MT4/MT5)Raw (MT4/MT5)Iress (retail)Iress (wholesale / professional)Islamic (swap-free) |
| Payment methods | SEPASEPA InstantBank transferCredit cardDebit cardApple PayGoogle PayCrypto | Bank transferSEPACredit cardDebit cardPayPalSkrillNeteller |
| Account currencies | USDEURGBPTRYBRL | AUDUSDEURGBPSGDCADCHFHKDJPYZAR+2 |
| Deposit time | Crypto deposits confirm in minutes; SEPA and SEPA Instant through the Austrian e-money entity are same-day to instant; card deposits are instant | Cards and e-wallets instant; domestic bank transfer same or next business day; international wire 1–3 business days |
| Withdrawal time | Crypto withdrawals typically clear within minutes after security holds; SEPA withdrawals 0–2 business days | Typically 1 business day to process; bank and card withdrawals arrive in 1–3 business days |
| Free withdrawals | n/a | n/a |
| Languages | EnglishGermanFrenchSpanishItalianDutchPortuguesePolishCzechTurkish+9 | EnglishGermanFrenchItalianSpanishPortuguesePolishCzechGreekDutch+6 |
| Channels | Live chatEmailTicket system | PhoneEmailLive chat |
| Availability | 24/7 live chat in multiple languages, backed by a ticket queue; no published retail telephone line | 24/7 multilingual support, with dedicated account managers on the Iress and higher-tier accounts |
Editorial assessment based on the recorded data.
Bybit
The derivatives exchange that survived the largest theft in crypto history — and then got itself properly licensed in the EU.
Pros
Cons
Best for
FP Markets
Twenty years of ASIC-regulated plumbing behind the widest platform choice in the CFD market.
Pros
Cons
Best for
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Advertising disclosure: where a partnership is active, we may earn a commission through broker links. The provider’s terms apply. Commissions do not influence our ratings; paid placements are separately labelled as sponsored.
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