Account One01
Raw
Advertised Spread
0.0 - 0.3
Commission
Not specified
Minimum Deposit
$100
Detailed Trading Account Comparison
Trading Account Comparison: FP Markets Rawvs XS Micro
Explore differences in spreads, commissions, deposits and trading conditions, alongside a detailed review of each account's advantages and limitations.
Account Two02
Micro
Advertised Spread
1.1 – 1.8
Commission
$0
Minimum Deposit
$0
ACCOUNT OVERVIEW
What Makes FP Markets Raw Different from XS Micro?
Before comparing the numbers, it is important to understand the purpose of each account and the conditions that may make it suitable for different traders.
FP Markets Raw
The FP Markets Raw account is the broker’s low-spread option and is categorized by Broker Alarab for scalpers and active traders. According to our data, spreads range from 0.0–0.3 pips with a recorded average of 0.1 pip, commission is $6 per lot, the minimum deposit is $100 and orders use Market Execution. Raw differs from Standard primarily in how trading costs are divided between spreads and commission.
XS Micro
The XS Micro account is designed for traders who want live-market exposure with greater flexibility over position size and risk. According to Broker Alarab data, spreads range from 1.1–1.8 pips with no separate trading commission, no minimum deposit and Market Execution, making it particularly relevant to beginners and traders testing strategies with smaller trade sizes.
SIDE-BY-SIDE COMPARISON
Compare Trading Accounts, Spreads, Commissions and Platforms
Review spreads, commissions, minimum deposits, trading platforms, execution methods and broker-level regulatory information.
FP Markets
Raw
XS
Micro
01 — Basic Account Information
Compare the broker, account name, account classification and regulatory information.
Broker
FP Markets
FP Markets
XS
XS
Account Name
FP Markets
Raw
XS
Micro
Account Type
FP Markets
raw
XS
cent
Broker Regulatory Licenses
Broker-level regulatory information. Verify which legal entity serves your country.
FP Markets
ASIC | CySEC | FSCA | FSA | FSC | CMA
XS
ASIC | CySEC | FSA | LFSA | FSCA | FSC | SCA
02 — Spreads and Trading Costs
Compare the recorded trading costs without assuming undocumented pricing.
Advertised Spread Range
FP Markets
0.0 - 0.3
XS
1.1 – 1.8
Minimum Recorded Spread
Based on the available account information.
FP Markets
0
XS
1.1
Average Recorded Spread
FP Markets
0.1
XS
1.4
Advertised Commission
FP Markets
Not specified
XS
$0
03 — Deposits and Execution
Review account funding requirements and order execution characteristics.
Minimum Deposit
FP Markets
$100
XS
$0
Order Execution Method
FP Markets
Market Execution
XS
Market Execution
Trading Platforms
Available platforms may differ by account type.
FP Markets
MT4 | MT5 | cTrader | TradingView
XS
MT4 | MT5
04 — Account Features and Conditions
Review relevant account characteristics and trading suitability.
Scalping Suitability
An internal classification, not a guarantee of suitability.
FP Markets
Classified as suitable for scalping
XS
Not classified in this category
05 — Broker Information and Regulation
Broker-level information does not guarantee that every license applies to the selected account.
Listed Regulatory Licenses
FP Markets
ASIC | CySEC | FSCA | FSA | FSC | CMA
XS
ASIC | CySEC | FSA | LFSA | FSCA | FSC | SCA
Broker Maximum Leverage
Actual leverage may depend on the account, jurisdiction and legal entity.
FP Markets
1:500
XS
1:2000
Open a Trading Account
FP Markets
Open Account ↗Information is based on records available to Broker Alarab. Trading conditions may vary by account, country and legal entity.
| Comparison Criteria | FP Markets Raw | XS Micro |
|---|---|---|
01 — Basic Account Information Compare the broker, account name, account classification and regulatory information. | ||
| Broker | FP Markets | XS |
| Account Name | Raw | Micro |
| Account Type | raw | cent |
| Broker Regulatory Licenses Broker-level regulatory information. Verify which legal entity serves your country. | ASIC | CySEC | FSCA | FSA | FSC | CMA | ASIC | CySEC | FSA | LFSA | FSCA | FSC | SCA |
02 — Spreads and Trading Costs Compare the recorded trading costs without assuming undocumented pricing. | ||
| Advertised Spread Range | 0.0 - 0.3 | 1.1 – 1.8 |
| Minimum Recorded Spread Based on the available account information. | 0 | 1.1 |
| Average Recorded Spread | 0.1 | 1.4 |
| Advertised Commission | Not specified | $0 |
03 — Deposits and Execution Review account funding requirements and order execution characteristics. | ||
| Minimum Deposit | $100 | $0 |
| Order Execution Method | Market Execution | Market Execution |
| Trading Platforms Available platforms may differ by account type. | MT4 | MT5 | cTrader | TradingView | MT4 | MT5 |
04 — Account Features and Conditions Review relevant account characteristics and trading suitability. | ||
| Scalping Suitability An internal classification, not a guarantee of suitability. | Classified as suitable for scalping | Not classified in this category |
05 — Broker Information and Regulation Broker-level information does not guarantee that every license applies to the selected account. | ||
| Listed Regulatory Licenses | ASIC | CySEC | FSCA | FSA | FSC | CMA | ASIC | CySEC | FSA | LFSA | FSCA | FSC | SCA |
| Broker Maximum Leverage Actual leverage may depend on the account, jurisdiction and legal entity. | 1:500 | 1:2000 |
| Open a Trading Account | Open Account ↗ | Open Account ↗ |
Information is presented as recorded by Broker Alarab. Spread and commission figures should not be treated as directly comparable without verifying the instrument, pricing units and fee structure.
EXPERT ANALYSIS
Broker Alarab's Assessment of Both Accounts
We review each account independently, highlighting strengths, limitations and the types of traders it may suit, without declaring an unsupported winner.
FP Markets
Raw
XS
Micro
Broker Alarab's Assessment
We see FP Markets Raw as particularly relevant to traders prioritizing tight spreads, with its listed 0.0–0.3 pip range and 0.1-pip recorded average. However, the $6 per-lot commission is an essential cost component and should not be ignored. Evaluating Raw, especially against Standard, should therefore focus on expected total cost and trading volume rather than the spread figure alone.
Broker Alarab's Assessment
We see the XS Micro account delivering its strongest value when position-size control matters more than finding the tightest spread. No separate commission and no minimum deposit keep the entry structure simple, but more experienced or active traders may find Pro or Elite more relevant when spread and execution cost become a higher priority.
Account Advantages
- ✓Listed spreads range from 0.0–0.3 pips according to Broker Alarab data
- ✓Recorded average spread is 0.1 pip
- ✓Tighter listed spread range than the Standard account
- ✓Categorized for scalpers and active traders
- ✓The $100 minimum deposit is the same as Standard
Account Advantages
- ✓Designed around smaller trade sizes and more granular position control
- ✓No separate trading commission according to Broker Alarab data
- ✓No minimum deposit based on our account data
- ✓Can provide a more gradual transition from demo to live trading
- ✓Useful for testing risk management and strategies with smaller market exposure
Disadvantages and Considerations
- !A $6 per-lot trading commission applies according to our data
- !A spread starting at 0.0 does not mean trading cost is zero
- !Higher total trading volume increases the cumulative impact of commission
- !Traders should compare both spread and commission with Standard rather than relying on the minimum spread alone
Disadvantages and Considerations
- !The 1.1–1.8 pip spread range is not the tightest among XS accounts in our data
- !Does not have a displayed spread advantage over the XS Standard account
- !Can become less attractive when trading cost matters more than position-size flexibility
- !More active traders should compare Micro directly with Pro and Elite before choosing
Who Is This Account Suitable For?
- •Scalpers according to Broker Alarab account categorization
- •Active traders who prioritize tight spreads
- •Users who prefer a pricing model that separates commission from the spread
- •Traders comparing Raw with Standard who can evaluate total cost based on their trading volume
Who Is This Account Suitable For?
- •Beginners who want to start live trading with smaller position sizes
- •Traders transitioning from a demo account into a live trading environment
- •Users testing a strategy or risk-management approach with lower market exposure
- •Traders who prioritize position-size flexibility over obtaining the tightest available spread
Detailed Account Analysis
Does the FP Markets Raw Spread Start From 0.0 Pips?
Yes. The recorded minimum spread for FP Markets Raw is 0.0 pips, while the full listed range is 0.0–0.3 pips and the recorded average is 0.1 pip according to Broker Alarab data. The 0.0 figure does not mean trading is cost-free, however, because the account carries a $6 per-lot commission. Spread figures should therefore be read together with commission when evaluating costs.
FP Markets Raw vs Standard: Tighter Spreads or No Commission?
Raw and Standard use different pricing models. Raw has listed spreads of 0.0–0.3 pips with a $6 per-lot commission, while Standard has 1.0–1.5 pip spreads without a separate commission. Both accounts have a $100 minimum deposit. The comparison therefore centers on whether tighter spreads plus commission are more suitable for the trader’s expected volume and frequency than wider spreads without a separate commission.
Why Does Trading Volume Matter for FP Markets Raw Commission?
The recorded Raw commission is $6 per lot, making total traded lots an important factor when estimating costs. As cumulative trading volume increases, the commission component has a larger impact on total transaction costs. This is particularly relevant because the account is categorized for scalpers and active traders, trading styles that may involve greater transaction frequency than less active approaches.
Detailed Account Analysis
XS Micro vs Standard: What Is the Difference If Spreads Are Similar?
Broker Alarab data lists both Micro and Standard at 1.1–1.8 pips with no separate trading commission and no minimum deposit, so there is little reason to choose Micro based on headline cost alone. The more meaningful difference is how the account is used. Standard is a general trading account, while Micro focuses on smaller position sizing and more granular exposure control. Micro therefore makes more sense when a trader wants to start gradually or test money management with smaller trades rather than because it offers a better spread than Standard.
XS Micro vs Cent: Which Is Better for Smaller-Scale Trading?
Micro and Cent both address traders who may not want to begin with conventional trading sizes, but they approach that goal differently. Micro focuses directly on smaller trade sizing and can be useful for moving into live trading or testing strategies, while Cent serves traders who specifically want a cent-based account structure. The choice should therefore be based on balance denomination, contract sizing and the intended use of the account rather than simply choosing between the words Micro and Cent.
XS Micro vs Pro: When Does Moving to Pro Make Sense?
The distinction becomes clearer when the priority shifts from position sizing to trading cost. Micro is listed at 1.1–1.8 pips with no separate commission and no minimum deposit, while Pro has a tighter 0.6–1.0 pip range with no separate commission but a $500 minimum deposit in our data. Micro lowers the entry barrier and emphasizes flexibility, whereas Pro becomes more relevant as trading size or frequency increases and spread cost starts playing a larger role in account selection.
Important details about the FP Markets Raw account
Commission is $6 per lot
This commission is a core component of the Raw pricing model according to Broker Alarab data and should be evaluated alongside the spread when comparing Raw with Standard.
0.0 pips is the start of the spread range, not zero cost
The listed spread ranges from 0.0–0.3 pips with a 0.1-pip recorded average, but the separate commission means trading cost is not zero even when the spread reaches 0.0.
The minimum deposit is $100
Raw and Standard have the same recorded $100 minimum deposit. This figure represents an account requirement rather than a recommendation for appropriate trading capital.
Important details about the XS Micro account
Micro sizing does not automatically make trading low risk
The ability to use smaller position sizes can help control market exposure, but it does not make trading inherently low risk. Leverage, position size, stop-loss placement and overall money management remain important.
There is no displayed spread advantage over Standard in our data
Broker Alarab data lists both XS Micro and Standard at 1.1–1.8 pips. Micro should therefore be selected when its smaller trade-sizing structure is useful, rather than simply as a way to obtain lower trading costs.
No minimum deposit is not a recommendation for trading capital
Our data lists no minimum deposit for XS Micro, but this does not mean every account balance is suitable for live trading. Appropriate capital should reflect position size, leverage, strategy and individual risk limits.
DECISION GUIDE
How to Choose the Right Trading Account
Numbers alone are not enough. Account suitability depends on your trading strategy, capital, financial instruments and the conditions applicable to you.
01
Compare Spreads and Commissions Together
The recorded spread for FP Markets Raw is 0.0 - 0.3, while XS Micro shows 1.1 – 1.8. Evaluating overall trading costs also requires checking commission rates, pricing units, instruments and position sizes.
02
Review Minimum Deposit Requirements
The recorded minimum deposit for FP Markets Raw is $100, compared with $0 for XS Micro. A lower deposit requirement may provide more flexibility, but it does not automatically make an account better.
03
Compare Trading Platforms and Execution
Check which trading platforms each broker actually offers for the selected account, including MetaTrader 4 or MetaTrader 5 where supported. Also review execution policies and potential slippage. Availability and conditions may vary by account and country.
04
Verify Regulation and Eligibility
Confirm the legal entity that will serve your account, the regulatory framework applicable to that entity, and whether the selected account is available in your country.
FREQUENTLY ASKED QUESTIONS
FAQs About FP Markets Raw vs XS Micro
Answers to common questions about account comparisons, trading costs and account conditions.
What is the difference between FP Markets Raw and XS Micro?+
The recorded spread for FP Markets Raw is 0.0 - 0.3, compared with 1.1 – 1.8 for XS Micro. The advertised commissions are Not specified and $0, respectively. You should also consider execution conditions, deposit requirements and account availability.
Is the account with the lowest spread always better?+
Not necessarily. Trading costs should be evaluated using both spreads and commissions, while considering the financial instrument, position size and execution conditions.
Can I compare two accounts from the same broker?+
Yes. Broker Alarab allows traders to compare accounts from the same broker or from different brokers.
How can I verify the trading conditions?+
Review the broker's official account specifications, applicable legal entity and trading conditions. Spreads, commissions and leverage may vary by instrument, account and jurisdiction.
What is the FP Markets Raw account?+
FP Markets Raw is a low-spread account categorized by Broker Alarab for scalpers and active traders. According to our data, spreads range from 0.0–0.3 pips with a recorded average of 0.1 pip, commission is $6 per lot, the minimum deposit is $100 and orders use Market Execution.
What is the FP Markets Raw spread?+
The spread recorded for FP Markets Raw ranges from 0.0–0.3 pips, while the recorded average spread is 0.1 pip according to Broker Alarab data. A spread reaching 0.0 does not mean cost-free trading because the account also carries a $6 per-lot commission.
What is the FP Markets Raw commission and minimum deposit?+
According to Broker Alarab data, the Raw account commission is $6 per lot and the minimum deposit is $100. This is the same minimum deposit recorded for Standard, but Standard has no separate trading commission and uses a wider listed spread range.
What is the difference between FP Markets Raw and Standard?+
Raw has listed spreads of 0.0–0.3 pips and a $6 per-lot commission, while Standard has 1.0–1.5 pip spreads with a $0 separate commission. Both accounts start from $100 and use Market Execution, so the primary difference is how trading costs are divided between spread and commission.
What is the XS Micro account?+
The XS Micro account is designed for traders who want smaller position sizes and more granular control over market exposure. According to Broker Alarab data, spreads range from 1.1–1.8 pips, there is no separate trading commission, no minimum deposit is listed and orders use Market Execution.
What is the XS Micro minimum deposit?+
Broker Alarab data lists no minimum deposit for the XS Micro account. This should not be interpreted as meaning that every balance is suitable for live trading. Appropriate trading capital depends on position size, leverage, strategy and the amount of risk the trader is prepared to accept.
Explore Both Trading Accounts in Detail
Review the full account information, compare trading conditions and verify the broker's requirements before opening an account.