FP Markets runs an STP, ECN and DMA model with multiple platforms. LHFX runs MT5-only STP/ECN with $10 entry, $3 per side, and payouts typically under 20 minutes.
Same per-side commission, lower entry, MetaTrader 5 only, and crypto withdrawals typically processed in under 20 minutes. See the full breakdown below.
LHFX vs FP Markets at a glance.
| Feature | LHFX | FP Markets |
|---|---|---|
| Commission | $3 per side, per lot | $3 per side on Raw account ($6 round turn); $0 on Standard |
| Minimum Deposit | $10 | $100 (AUD 100 equivalent) |
| Typical EURUSD Spread | From 0.0 pips | From 0.0 pips (Raw); from 1.0 pip (Standard) |
| Maximum Retail Leverage | Up to 1:500 | Up to 1:500 (offshore); 1:30 under ASIC and CySEC |
| Platforms | MetaTrader 5 only | MT4, MT5, cTrader, TradingView, IRESS, web |
| Forex Pairs / Total Instruments | 41 forex pairs / 144 instruments | 70+ forex pairs / 10,000+ instruments (mostly stock CFDs) |
| Execution Model | STP/ECN | STP, ECN, DMA |
| Regulation | FSC Mauritius (GB23202204), FSCA South Africa (FSP 52816) | ASIC, CySEC, FSCA, FSC Mauritius, FSA Seychelles |
| Crypto Deposits/Withdrawals | BTC, ETH, USDT and others. Payouts typically under 20 minutes | BTC, ETH, LTC, BCH, XRP, USDT, Dash accepted |
| Islamic Account | Yes, swap-free with holding fee after grace period | Yes, swap-free with an admin fee per night |
The areas where LHFX offers a clear advantage over FP Markets.
Both brokers charge $3 per side on the raw spread account. LHFX gets you there for $10. FP Markets requires $100 plus you choose between five different platforms before you start.
Open an LHFX account with $10. FP Markets requires $100 across Raw and Standard. For traders sizing in gradually, the $10 floor at LHFX makes risk testing easier.
LHFX supports BTC, ETH, USDT and others for both deposits and withdrawals, with payouts typically under 20 minutes through the auto-payout system.
LHFX runs auto-payouts on every method, typically under 20 minutes. FP Markets processes withdrawals through manual review, with timing depending on method.
LHFX runs one account on MetaTrader 5. FP Markets asks you to pick Standard or Raw, then choose between MT4, MT5, cTrader, TradingView, or IRESS, each with different commission models.
FP Markets has genuine strengths. Here is where they come out ahead.
FP Markets supports MT4, MT5, cTrader, TradingView and IRESS (a professional Australian platform popular with share traders). LHFX is MetaTrader 5 only by design.
FP Markets lists over 10,000 share CFDs plus 500+ ETFs. LHFX focuses on 144 instruments around forex, indices, commodities and crypto.
FP Markets lists 70+ currency pairs including more exotics. LHFX lists 41 pairs focused on the most-traded majors, minors and exotics.
FP Markets holds ASIC (Australia) and CySEC (Cyprus) regulation alongside its offshore entities. LHFX holds FSC Mauritius and FSCA South Africa only.
Moving from FP Markets to LHFX takes minutes, not days.
$10 minimum deposit. Registration takes about 2 minutes.
Upload a government-issued ID. Most verifications complete within a few hours.
Deposit via crypto or card and place your first trade on MT5 or LHFX Trade.
$10 minimum deposit. Registration takes about 2 minutes.
Upload a government-issued ID. Most verifications complete within a few hours.
Deposit via crypto or card and place your first trade on MT5 or LHFX Trade.
$10 minimum deposit. $3 per side commission. Up to 1:500 leverage. Crypto withdrawals typically processed in under 20 minutes.