Equiti vs FP Markets: Which Broker Is Better?

Equiti operates through several legal entities, including Equiti Capital UK Limited, authorised by the UK FCA under licence number 528328, and Equiti Global Markets Ltd, regulated by CySEC under licence number 415/22. The group also includes an entity supervised by the Jordan Securities Commission under number 50248 and an international entity regulated by the FSA in Seychelles, giving Equiti a clear presence in Europe and the Arab region.

The Jordanian entity may be especially relevant to traders in Jordan and nearby markets, while the FCA and CySEC entities provide recognised regulatory frameworks for eligible clients. Conditions at the Seychelles entity may differ, however, so Equiti’s licences should not be treated as identical in terms of investor protection.

When assessing Equiti, traders should confirm which legal company will hold the account and client funds, then match its licence number with the official register. This allows traders to understand whether they are dealing with the Jordanian, European or international entity and what regulatory rights apply.

Regulated Equiti entities protect eligible client funds by keeping them separate from the capital used to operate the company. Where required, client money is held with banking institutions under the rules applying to the legal entity responsible for the account. This segregation helps prevent client funds from being used for the broker’s daily operating expenses.

Segregation does not remove trading risk or guarantee that funds will be recovered in every situation. Client protection, complaint procedures and any additional safeguards may differ between the FCA, CySEC, JSC and international Seychelles entities. Traders should verify the legal company holding their funds before depositing.

FP Markets operates through entities that include First Prudential Markets Pty Ltd, authorised by ASIC under licence number 286354, and FP Asset Management Cyprus Ltd, regulated by CySEC under licence number 371/18. The group also has entities connected to the FSCA in South Africa and the FSA in Seychelles, allowing it to provide services across different international markets.

ASIC and CySEC licences support the group’s overall regulatory profile, but an account opened with a Seychelles or South African entity may be subject to different leverage limits, investor-protection arrangements and complaint procedures. Available instruments, funding methods and certain account features may also vary according to the legal company serving the client.

Before choosing FP Markets Standard or Raw accounts, or trading through MT4 or MT5, traders should verify the responsible entity and its licence number. This makes it possible to compare execution costs and commissions with the applicable level of regulatory oversight instead of assuming that all FP Markets clients receive the same protection.

FP Markets states that eligible client funds are held in segregated bank accounts under the requirements of the regulatory entity responsible for the account. Negative balance protection may also be available under the conditions applied by certain FP Markets group companies, helping eligible clients limit liability resulting from a negative trading-account balance.

Client-money rules, investor compensation arrangements and complaint procedures may differ between the ASIC-regulated Australian entity, the CySEC-regulated European entity and international entities supervised by FSCA or FSA. Traders should match the legal company and licence number in their client agreement with the relevant regulatory register before transferring funds.