
Trading Account Comparison: FP Markets Rawvs XS Standard
Explore differences in spreads, commissions, deposits and trading conditions, alongside a detailed review of each account's advantages and limitations.


Standard
What Makes FP Markets Raw Different from XS Standard?
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 Standard
The XS Standard account is the core XS account for traders looking for straightforward commission-free pricing with no minimum deposit according to Broker Alarab data. Spreads range from 1.1–1.8 pips with Market Execution, making it primarily suited to beginners and general trading, while Pro and Elite deserve comparison when lower trading costs become a priority.
Compare Trading Accounts, Spreads, Commissions and Platforms
Review spreads, commissions, minimum deposits, trading platforms, execution methods and broker-level regulatory information.
01 — Basic Account Information
Compare the broker, account name, account classification and regulatory information.
Broker
Account Name
Account Type
Broker Regulatory Licenses
Broker-level regulatory information. Verify which legal entity serves your country.
02 — Spreads and Trading Costs
Compare the recorded trading costs without assuming undocumented pricing.
Advertised Spread Range
Minimum Recorded Spread
Based on the available account information.
Average Recorded Spread
Advertised Commission
03 — Deposits and Execution
Review account funding requirements and order execution characteristics.
Minimum Deposit
Order Execution Method
Trading Platforms
Available platforms may differ by account type.
04 — Account Features and Conditions
Review relevant account characteristics and trading suitability.
Scalping Suitability
An internal classification, not a guarantee of suitability.
05 — Broker Information and Regulation
Broker-level information does not guarantee that every license applies to the selected account.
Listed Regulatory Licenses
Broker Maximum Leverage
Actual leverage may depend on the account, jurisdiction and legal entity.
Open a Trading 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 Standard |
|---|---|---|
01 — Basic Account Information Compare the broker, account name, account classification and regulatory information. | ||
| Broker | FP Markets | XS |
| Account Name | Raw | Standard |
| Account Type | raw | standard |
| 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 ↗ |
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
Standard
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 Standard account as most relevant to beginners and traders seeking a general-purpose account with no separate commission and no minimum deposit. Its simplicity is an advantage, but the 1.1–1.8 pip spread range is not the tightest within XS in our data, so more active traders should compare Standard with Pro and Elite.
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
- ✓No separate trading commission according to Broker Alarab data
- ✓No minimum deposit based on our account data
- ✓Straightforward pricing structure primarily based on the spread
- ✓Positioned for beginners and general trading in our account classification
- ✓Swap-free trading is available according to the account conditions in our data
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
- !XS Pro has a tighter spread range for traders placing greater emphasis on trading costs
- !May not be the most cost-efficient choice for active or spread-sensitive traders
- !Elite offers a substantially tighter displayed spread range but uses a separate commission model
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 looking for a straightforward XS trading account
- •Traders who prefer not to pay a separate trading commission
- •Users looking for an XS account with no minimum deposit according to our data
- •General traders who do not specifically require a tight-spread raw pricing model
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 Standard vs Micro: Which Account Is Better for Starting Out?
Standard and Micro have very similar headline pricing in our data. Both show spreads of 1.1–1.8 pips, no separate trading commission, no minimum deposit and Market Execution. There is therefore no clear pricing advantage based on spread or commission alone. The more important distinction is account use: Standard is classified for beginners and general trading, while Micro focuses more specifically on smaller trade sizing. Traders who do not require the Micro structure may find Standard the more straightforward starting point.
XS Standard vs Pro: Is the Tighter Spread Worth the Higher Deposit?
This comparison introduces a more meaningful cost difference. Standard has spreads of 1.1–1.8 pips, no separate commission and no minimum deposit in our data, while Pro narrows the spread range to 0.6–1.0 pips with no separate commission but requires a $500 minimum deposit. Pro therefore has a clear displayed spread advantage, while Standard significantly lowers the entry requirement. The choice depends on whether accessibility or tighter spreads matter more to the trader.
XS Standard vs Elite: Simple Pricing or Very Tight Spreads?
The difference between Standard and Elite is larger because the pricing models are different. Standard has no separate commission and spreads of 1.1–1.8 pips, while Elite is listed at 0.0–0.2 pips with a $6-per-lot commission and a $500 minimum deposit. Standard offers simpler pricing and lower entry requirements, whereas Elite is aimed more directly at spread-sensitive trading. A proper comparison should include spread, commission and trading volume together.
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 Standard account
No minimum deposit does not mean trading requires no capital
Broker Alarab data lists the XS Standard account with no minimum deposit. This means there is no stated account minimum in our dataset, but it does not mean every funding amount will be suitable for live trading or responsible risk management.
No commission does not mean there is no trading cost
Standard has no separate trading commission in our data, but its 1.1–1.8 pip spread remains an important part of transaction cost. Traders should evaluate effective trading cost rather than focusing only on the commission field.
Swap-free trading is available subject to account conditions
Our data records swap-free availability while maintaining the same trading conditions. Traders should still review eligibility and applicable account or instrument conditions before relying on the swap-free feature.
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.
Compare Spreads and Commissions Together
The recorded spread for FP Markets Raw is 0.0 - 0.3, while XS Standard shows 1.1 – 1.8. Evaluating overall trading costs also requires checking commission rates, pricing units, instruments and position sizes.
Review Minimum Deposit Requirements
The recorded minimum deposit for FP Markets Raw is $100, compared with $0 for XS Standard. A lower deposit requirement may provide more flexibility, but it does not automatically make an account better.
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.
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.
FAQs About FP Markets Raw vs XS Standard
Answers to common questions about account comparisons, trading costs and account conditions.
What is the difference between FP Markets Raw and XS Standard?+
Is the account with the lowest spread always better?+
Can I compare two accounts from the same broker?+
How can I verify the trading conditions?+
What is the FP Markets Raw account?+
What is the FP Markets Raw spread?+
What is the FP Markets Raw commission and minimum deposit?+
What is the difference between FP Markets Raw and Standard?+
What is the XS Standard account?+
What is the XS Standard account spread and commission?+
Explore Both Trading Accounts in Detail
Review the full account information, compare trading conditions and verify the broker's requirements before opening an account.
