FairMarkets vs FXOpen

FairMarkets vs FXOpen Comparison Table 2023
FairMarkets FXOpen
WINNER
FairMarkets is the better broker
Not Yet Rated

FairMarkets is #12 in our CFD broker rankings.

3.7
United States Flag Traders from US accepted
United States Flag Traders from US not accepted

FairMarkets is a multi-regulated trading broker with MT4 and MT5. Low fees, flexible leverage and analysis from Trading Central make it a solid all-round broker.

FXOpen is a highly regulated FX and CFD broker offering multiple trading platforms and spreads from 0.0 pips.

Pros
  • Demo account
  • MT4 integration
  • Low minimum deposit
  • Good execution speed
  • Full range of investments
  • Demo account
  • MT4 integration
  • Strong regulatory oversight
  • Multiple payment methods
  • Bonuses & trading contests
  • Full range of investments
  • Copy trading (global traders)
  • Low minimum deposit (global traders)
Cons
  • No copy trading
  • Inactivity fee
Awards
  • Best ECN Broker 2012 - Masterforex-V
  • Best Forex Broker in Australasia 2011 - World Finance Magazine
  • Best Islamic Forex Broker 2011 - IB Times Trading Awards
  • Best South-East Asia Forex Broker and Best ECN Forex Broker 2011 - IB Times Trading Awards
  • Best Trading Platform 2010 - Falcon Awards
Instruments
CFDs, Stocks, Forex, Commodities, Indices, Cryptocurrencies Forex, CFDs, Indices, Commodities, Cryptocurrencies, ETFs, Shares
Demo Account
Yes Yes
Minimum Deposit
$0 $1 Global, £300 UK
Payment Methods
Minimum Trade
0.01 Lots 0.01 Lot
Regulator
ASIC, FSC FCA, CySEC, ASIC
Margin Trading
Yes Yes
MetaTrader 4
Yes Yes
MetaTrader 5
Yes Yes
cTrader
No No
AlgoTrader
No No
OmniTrader
No No
TradingView
No Yes
Autochartist
No No
eSignal
No No
Trading Central
Yes No
STP Account
No Yes
ECN Account
No Yes
DMA Account
No No
MAM Account
No No
PAMM Account
No Yes
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
Yes Yes
Market Maker
Yes No
P2P Trading
No No
Spot Trading
Yes No
Mobile Apps
iOS & Android iOS & Android
Auto Trading
EAs Yes (EAs)
Copy Trading
No Yes
Copy Trading Platform
FXOpen offers copy trading, enabling users to follow and copy the positions and strategies of other traders. Myfxbook and ZuluTrade supported.
Social Trading
No Yes
Trade Signals
Yes
VPS Hosting
Yes Yes
Tournaments
No Yes
Demo Competitions
No Yes
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Inactivity Fee
$0 $10
Islamic Account
No Yes
Account Currencies
  • USD
  • AUD
  • USD
  • EUR
  • GBP
  • AUD
  • JPY
  • CHF
  • HKD
  • RUB
Stock Exchanges
Commodities
CFD Trading
Use leveraged CFDs to go long or short on a range of financial markets with low fees. Trade CFDs on currency pairs, cryptocurrencies, indices, & commodities with tight spreads
Leverage
1:30 (Aussie Retail), 1:500 (Aussie Pro), 1:1000 (International) 1:30 - 1:500 (varies by trading entity)
FTSE Spread
1.2 0.8
GBPUSD Spread<
0.4 0.2
Oil Spread
0.3 4.0
Stocks Spread
Variable N/A
Forex Trading
Trade popular currency pairs with tight spreads and competitive commissions. Trade major, minor & emerging forex pairs with 1:30 leverage
GBPUSD Spread
0.4 0.2
EURUSD Spread
0.3 0.2
EURGBP Spread
0.8 0.2
Assets
40+ 50+
Cryptocurrency
Trade Bitcoin and other key cryptos against the USD with 1:2 leverage. Trade on 40+ cryptocurrency coins with 1:2 leverage (Pro clients only in UK).
Spread
From 20.0 Variable
Coins
  • BTC
  • ETH
  • LTC
  • BTC
  • BCH
  • ETH
  • LTC
  • ETC
  • EOS
  • DSH
  • XRP
  • IOT
  • XMR
  • NEO
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
More Comparisons
FairMarkets
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