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This page does not tell you which broker to pick. Instead, it gives you a structured checklist for comparing Fxpro and Tio Markets on the points that actually affect your account: total trading costs, regulatory coverage in your country, platform fit and account terms. Broker conditions change often, so treat every figure you see on third-party sites, including this one, as a starting point. Confirm the current details in each broker's own legal documents and pricing pages before opening or funding an account.
Current broker data
Current broker data
Editorial notice
TIO-branded entities have multiple distinct regulatory matters. UK: TIO Markets UK Limited remains FCA-authorised (Firm Reference Number 488900), but the UK Financial Conduct Authority has issued two clone-firm advisories — "TIO Market Trading" at tiomarkets-trading.com dated 28 September 2023 (FCA: https://www.fca.org.uk/news/warnings/tio-market-trading-tiomarkets-tradingcom-clone-fca-authorised-firm) and "TIO PreMarkets" at tiopremarkets.com dated 22 July 2024 (FCA: https://www.fca.org.uk/news/warnings/tio-premarkets-tiopremarketscom-clone-fca-authorised-firm). Both are described by the FCA as "not authorised by us but … contacting people pretending to be an authorised firm." Cyprus: TIO Markets CY Ltd (Cyprus Investment Firm licence 429/23, originally authorised 10 April 2023) is under examination for voluntary renunciation of its CySEC authorisation (CySEC register: https://www.cysec.gov.cy/en-GB/entities/investment-firms/cypriot/96336/). The genuine FCA-authorised UK entity operates at www.tiomarkets.uk. Readers should verify the domain and Firm Reference Number against the FCA Register before depositing.
How to read this comparison
The facts below come from InvestorTrip's current broker database and linked review pages. They are a screening aid, not a claim that a broker is available, cheaper or safer for every country, account type or legal entity.
The first question is not which broker is better, but which entity of each broker would actually hold your account. Many brokers operate multiple legal entities under different regulators, and the protections you receive depend on the specific entity that accepts clients from your country. Before comparing anything else, check each broker's website footer and legal documents to identify the entity you would sign up with, then confirm its licence directly on the relevant regulator's public register. Also confirm that residents of your country are accepted at all, since eligibility lists change.
Key checks: Identify the exact legal entity of Fxpro and of Tio Markets that would serve your country of residence.; Look up each entity's licence number on the regulator's own register, not just the broker's marketing pages.; Check what client money handling and complaint or compensation arrangements apply to that specific entity.; Confirm your residency is accepted and note any product restrictions that apply in your jurisdiction..
Headline spreads or commission figures rarely tell the whole story. To compare Fxpro and Tio Markets fairly, build a picture of the total cost of your typical trade: spread plus any commission, plus overnight financing if you hold positions, plus non-trading costs such as deposit, withdrawal, inactivity or currency conversion fees. Costs usually differ by account type and instrument, so compare the same account type and the same instruments you actually trade. Pull the current fee schedules from each broker's own site on the same day, because pricing pages are updated without notice.
Key checks: List the account types each broker offers and compare like with like, not a premium tier against a standard tier.; Check spreads or commissions on the specific instruments you trade, plus swap or financing rates if you hold overnight.; Add non-trading fees: deposits, withdrawals, inactivity charges and currency conversion on funding.; Note the date you collected each figure so you can re-verify before funding..
Once costs and regulation are mapped, compare the practical experience. Confirm on each broker's own pages which platforms are currently supported for your account type and region, and whether order types, charting tools and mobile access match how you trade. Read the execution policy and terms of business for details on order handling, slippage and stop-out levels. Where demo accounts are available, use them to test order entry and platform stability yourself rather than relying on screenshots. Finally, test support response times with a real pre-sales question, since that is a useful preview of service quality.
Key checks: Confirm supported platforms and order types directly with each broker for your region and account type.; Read each broker's execution policy and terms of business, especially margin, stop-out and leverage sections.; Use demo access where offered to test the platform before committing money.; Open the Fxpro review, the Tio Markets review and the compare broker tool linked on this page to work through the fields side by side..
Neither Fxpro nor Tio Markets can be named a universal winner from this checklist alone. The stronger fit depends on which regulated entity serves your country, the total costs on your specific account type and instruments, and how well each platform matches your trading style. Complete the verification steps above, read the full Fxpro and Tio Markets reviews, and confirm every figure against the brokers' current official documents before you decide.