This contrast overview assists users who battle to pick in between FP Markets and TradeStation to locate the most effective online broker for their trading and financial investment demands. It assesses the main features of the two brokers alongside to assist individuals contrast their service and make an informed choice.
To assist users select the ideal broker between FP Markets and TradeStation to discover the best-suited system, listed below is a checklist of broker’s pros and cons, followed by a contrast of their major trading features, including trading platforms & devices, charges, mobile trading, deposit & withdrawal, assets, policy, and client support.
FP Markets vs. TradeStation: Summary
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.
Tradestation is an online brokerage company, founded in 1982. They offer access to a wide range of assets including 5,000 international stocks, OTCBB penny stocks and 2,000 ETFs.
Their trading platform has a variety of stock trading tools such as dynamic market-scanning tools, advanced order management tools, and fully customisable charts. Users have access through a web, desktop and mobile app (Android and iOS). Trade execution on the platforms is fast (under 0.040 seconds).
Their trading fees vary based on account selection. Pricing is below industry average on the most used accounts (select and GO). Minimum deposit is $2000 and there are no monthly charges.
TradeStation’s customer support is available by phone, email and live chat in English and Arabic.
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
Pros
- Low minimum deposit ($0)
- 0% commission stock and ETF fees
- Extensive charting tools and features
- Fast and reliable order execution
- Trading automatisation capabilities
- Vast stock scanning tools
Cons
- Research and education section could be better
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)
Key features
- $0 commission/stock trades(up to 15,000 shares)
- Vast market coverage(5,000 international stocks and ETFs)
- Fast and reliable order execution
- Great Fundamental Research and Analysis Tools
- Extensive Charting Tools and Features
- Access To Back-Testing and Automated Trading
FP Markets vs. TradeStation Comparison
Select up to 3 Brokers
FP Markets
TradeStation
BROKER COMPARISON
Trading Platform & Tools
| Automated Trading | ||
| Charting Tools | ||
| Conditional Orders | ||
| cTrader | ||
| Demo Account | ||
| Desktop Platform | ||
| Max Leverage | 1:500 | 1:4 |
| 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 | $35 |
| Deposit Fee | 0 | 0 |
| Inactivity Fee | 0 | |
| Cost Per Trade | 0 | 0 |
| Cost Per Month | 0 | $4 |
| Forex (EUR/USD) | $3 per lot per trade + 0 pips | 0.6 pips |
| Stocks & ETF | 0.13 pips | $0.007 per share |
| CFD (Gold) | 0.13 pips | 0 |
| Crypto | 9.13 pips | 0 |
| Options | 0 | $5 + £0.60 per contract |
| Conversion Fees | 0 | |
| Misc. Fees | 0 | 0 |
| Overnight Fees |
Deposit & Withdrawal
| Minimum deposit (in UAE) | 0 | $0 ($2000 – Margin account; $25000 – Day Trading account; $5000 – Futures account) |
| Bank Wire | ||
| Credit/Debit Card | ||
| Cash | ||
| Check | ||
| Islamic Account Transfer | ||
| E-payments | ||
| Paypal | ||
| Skrill | ||
| Neteller |
Assets
| Shares | 0 | 5 markets |
| ETF & Funds | 0 | 2300 |
| Crypto | 0 | 11 |
| Commodities | 0 | 0 |
| Indices | 0 | 0 |
| Options | 0 | 10 Markets |
| Futures | 0 | 11 Markets |
| Bonds | 0 | 630 |
| Forex Instruments | 63 | 0 |
| CFD Indices & Funds | 14 | 0 |
| CFD Stocks | 9000 | 0 |
| CFD Commodities | 10 | 0 |
| CFD Crypto | 4 | 0 |
| CFD Bonds | 2 | 0 |
| Binary Options | 0 | 0 |
| SWAPS | 0 | 0 |
| Saving Plans | 0 | 1 |
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
FP Markets vs. TradeStation Comparison Conclusion
The outcomes of our contrast of FP Markets vs. TradeStation are involved the table below.
| Broker: | Best For: |
| FP Markets | Forex and CFD trading with low fees |
| TradeStation | Stock trading; Active traders |
Selecting the ideal choice between FP Markets and TradeStation can be tough. Both online brokers have resemblances yet differ regarding trading instruments, systems & apps, guideline, deposit & withdrawals, and research and education and learning. Selecting the best broker relies on users’ trading & investment objectives, specific preferences, 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.