Empire FX Trade vs FP Markets: licences compared

Side-by-side view of each broker's licences, regulator tiers and key facts. Remember that protection depends on which entity holds your account.

AttributeEmpire FX TradeFP Markets
Licence Score27Weak69Strong
Strongest licence 3 Tier 3 1 Tier 1
Licences on record16
1 ASIC Australia —Licensed · AFSL 286354
2 CySEC Cyprus —Licensed · Licence 371/18
2 FSCA South Africa —Licensed · FSP 50926
3 FSC (MU) Mauritius —Licensed
3 CMA (Kenya) Kenya LicensedLicensed
4 FSA (Seychelles) Seychelles —Licensed
Founded20192005
HeadquartersKenyaAustralia
TypeForex & CFD brokerForex & CFD broker
Publicly listedNoNo
PlatformsMT4, MT5MT4, MT5, cTrader, TradingView
Minimum deposit—US$100
VisitVisit site

Frequently asked questions

Is Empire FX Trade or FP Markets better regulated?

FP Markets has the higher Licence Score (69 vs 27), based on the number and tier of licences, operating history and public listing.

Which regulators license both Empire FX Trade and FP Markets?

Both are matched to licences from CMA (Kenya).

Risk warning: CFDs and leveraged forex are complex instruments and come with a high risk of losing money rapidly due to leverage. Most retail investor accounts lose money when trading CFDs. Consider whether you understand how they work and whether you can afford to take the high risk of losing your money. Read more.