This comparison guide helps customers that have a hard time to pick between Forex.com and FP Markets to discover the very best online broker for their trading and investment demands. It assesses the main features of the two brokers alongside to aid users compare their service and make a notified decision.
To help users pick the best broker between Forex.com and FP Markets to locate the best-suited system, listed below is a listing of broker’s advantages and disadvantages, adhered to by a contrast of their major trading attributes, including trading systems & devices, fees, mobile trading, deposit & withdrawal, assets, policy, and consumer support.
Forex.com vs. FP Markets: Summary
Forex.com a reputable forex and CFD broker regulated by 7 tier–one regulators. They offer access to 5500+ tradable symbols across various markets including forex, stocks, cryptos and CFDs. Forex.com also offers a wide range of proprietary platforms with access to advanced charting features through TradingView, social trading tools and MT4 integration.
Forex.com trading fees are with an average spread of 1.1 pips (EUR/USD) above industry average.
Forex.com customer support is available 24/7 via email, phone and live chat. Their exceptional educational resources, great market research and ease of use make this broker a good choice for beginners and intermediate traders.
FP Markets is a multi-asset broker regulated by two tier-one regulators (the CySEC and ASIC). It offers access to over 10,000 tradable symbols across a variety of markets including forex, shares, commodities, cryptocurrencies and CFDs. FP Markets charges low spreads from 0.1 pips (EUR/USD) on their cTrade and MetaTrader accounts without any commission. The broker also offers negative balance protection, up to 30:1 leverage and access to a free NY4 VPS server.
The minimum deposit at FT Markets is $100. Their customer service is available 24/7 by phone, email and live chat.
Pros
- Low minimum deposit ($100)
- Low average spread from 0.74 pips EUR/USD
- Advanced charting features and performance analytics
- Award Winning Mobile trading app
- Professional customer support
Cons
- Educational videos are missing
- MT5 available outside of US only
- Limited assets available on MT5
Pros
- Low minimum deposit ($100)
- Low spreads from 0,0 pips EUR/USD
- Compatibility with MT4, MT5 and cTrader
- Free VPS server
- Fast account opening
Cons
- Only CFD and forex trading
- Demo account is not unlimited
Key features
- Competitive trading fees
- Compatibility with MT4 and MT5
- 5500 tradable symbols and 4550 CFDs overall
- Award winning mobile trading app
- Advanced charting and performance analytics available
- Great combination of ease of use and personal customisation
Key features
- Access to 10,000 tradable symbols (CFDs on forex, stocks, ETFs..)
- Compatibility with MT4, MT5 and cTrader
- MAM/PAMM accounts availability
- Islamic account availability
- Excellent copy trading features (Myfxbook Autotrade)
- Wide range of advanced trading tools (Autochartist, Traders Toolbox)
Forex.com vs. FP Markets Comparison
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Forex.com
FP Markets
BROKER COMPARISON
Trading Platform & Tools
Automated Trading | ||
Charting Tools | ||
Conditional Orders | ||
cTrader | ||
Demo Account | ||
Desktop Platform | ||
Max Leverage | 1:50 | 1:500 |
MetaTrader 4 (MT4) | ||
MetaTrader 5 (MT5) | ||
Mobile Version | ||
Mutual Fund Management | ||
Proprietary Platform | ||
Social/Copy Trading | ||
Trading Alerts | ||
Trading signals | ||
Watchlist | ||
Web Version |
Fees
Withdrawal Fee | 0 | 0 |
Deposit Fee | 0 | 0 |
Inactivity Fee | $15 per month (after 12 months) | 0 |
Cost Per Trade | 0 | 0 |
Cost Per Month | 0 | 0 |
Forex (EUR/USD) | 0.8 pips | 0.1 |
Stocks & ETF | 0 + spread | 0 |
CFD (Gold) | 0.8 | 0.2 pips |
Crypto | 0 | 0 |
Options | 0 | 0 |
Conversion Fees | 0.50% | 0 |
Misc. Fees | 0 | 0 |
Overnight Fees | 2.50% |
Deposit & Withdrawal
Minimum deposit (in UAE) | $100 | 0 |
Bank Wire | ||
Credit/Debit Card | ||
Cash | ||
Check | ||
Islamic Account Transfer | ||
E-payments | ||
Paypal | ||
Skrill | ||
Neteller |
Assets
Shares | 0 | 0 |
ETF & Funds | 0 | 0 |
Crypto | 0 | 0 |
Commodities | 0 | 0 |
Indices | 0 | 0 |
Options | 0 | 0 |
Futures | 0 | 0 |
Bonds | 0 | 0 |
Forex Instruments | 91 | 63 |
CFD Indices & Funds | 17 | 14 |
CFD Stocks | 9500 | 9000 |
CFD Commodities | 22 | 10 |
CFD Crypto | 8 | 4 |
CFD Bonds | 0 | 2 |
Binary Options | 0 | 0 |
SWAPS | 0 | 0 |
Saving Plans | 0 | 0 |
Research & Education
Webinars | ||
Educational Resources | ||
Daily News Updates | ||
Market Indepth Analysis | ||
Pers. Training & Room | ||
Market Research |
Customer Support
Phone | ||
Live Chat | ||
24/7 support | ||
Multilingual | ||
Personal Account Manager |
Winner
Forex.com vs. FP Markets Comparison Conclusion
The outcomes of our comparison of Forex.com vs. FP Markets are involved the table listed below.
Broker: | Best For: |
Forex.com | Forex and CFD trading and MT4 |
FP Markets | Forex and CFD trading with low fees |
Picking the appropriate selection between Forex.com and FP Markets can be tough. Both online brokers have resemblances but differ concerning trading instruments, systems & apps, regulation, deposit & withdrawals, and study and education and learning. Picking the very best broker depends on customers’ trading & financial investment objectives, private choices, and experience degree.
To make a better-informed decision, users can read our detailed broker reviews, comparison or use our broker selector to help them find the ideal broker.