FFP is more versatile. The SFP will likely have thinner crosshairs at max magnification, so it has benefits for target/bench shooting. FFP, in my experience, shines when using the reticle for hold overs/unders and leading moving targets. The SFP can do this as well, but the reticle's units of measure are only accurate at one power setting. If your SFP reticle is accurate at 15x or 24x, and you're going for a 300yd mover, you're at a disadvantage because your magnification required for an accurate reticle significantly reduced your field of view. And without a decent brake, you wouldn't really be able to spot the impact. With a FFP you can dial down to 8-10 power, maintain an accurate reticle, have a great field of view and enough magnification to make solid hits. With the field of view increased by the lower power, you can spot your impact/miss to assist with the next shots. A correction factor for the SFP's reticle can account for the changes in either lower/higher magnification from the power that provides an accurate reticle, but it's far slower and would quickly become a headache.
You can range with either SFP or FFP. It does not matter. Once you get to the distance that you really need to start ranging most targets, they are usually far enough away that having to use a scope on higher power would not pose an issue. Regardless, if I need to range a target, I'll use a LRF.