FP Markets vs E-Trade
| FP Markets | E-Trade |
|---|---|
 |
 |
| FP Markets is a multi-asset broker offering a choice of trading platforms. | eTrade provide everything from online day trading accounts to managed investment portfolios and retirement planning |
 Traders from US not accepted |
Traders from US accepted |
| Awards | |
| Best Global Forex Value Broker 2019 - Global Forex Awards
Best Quality of Trade Execution 2019 - Investment Trends |
|
| Bonus | |
| None | Commission Free Trades |
| Instruments | |
| Forex, CFDs, indices, shares, commodities, cryptocurrencies | Stocks, Futures, E-minis, Options, CFD |
| Demo Account | |
| Yes | Yes |
| Minimum Deposit | |
| $100 | $500 |
| Payment Methods | |
| BPAY, Credit Card, FasaPay, Neteller, PayPal, POLi, Skrill, Visa, Wire Transfer | Apple Pay, Cheque, Credit Card, PayPal, Western Union |
| Minimum Trade | |
| 0.01 lots | $10 |
| Regulator | |
| ASIC, CySEC | SEC |
| Margin Trading | |
| No | No |
| Margin Rate | |
| MetaTrader 4 | |
| Yes | Yes |
| MetaTrader 5 | |
| Yes | No |
| cTrader | |
| No | No |
| STP Account | |
| Yes | No |
| ECN Account | |
| Yes | No |
| DMA Account | |
| Yes | No |
| Mobile Apps | |
| Yes | iOS, Android and Windows |
| Auto Trading | |
| Yes | No |
| Trade Signals | |
| No | No |
| Social Trading | |
| Yes | No |
| Copy Trading | |
| Yes | No |
| Islamic Account | |
| Yes | No |
| Account Currencies | |
| USD, EUR, GBP, CAD, AUD, JPY, TRY, CHF | - |
| CFD | |
| Trade thousands of CFDs across a range of markets with up to 1:500 leverage. | |
| Leverage | |
| 1:500 | |
| FTSE Spread | |
| 0.31 | N/A |
| GBPUSD Spread | |
| 0.49 | N/A |
| Oil Spread | |
| 0.03 | 0.06 pips |
| Stocks Spread | |
| Variable | 0.2% Var |
| Forex | |
| Trade on dozens of forex pairs with low spreads. | Forex trading not offered |
| GBPUSD Spread | |
| 0.49 | |
| EURUSD Spread | |
| 0.09 | |
| EURGBP Spread | |
| 0.61 | |
| Assets | |
| 60+ | |
| Cryptocurrency | |
| Trade a handful of leading cryptocurrency coins against the US Dollar. | Crypto trading not offered |
| Spread | |
| Floating | |
| Coins | |
| BTC, BCH, LTC, ETH, RPL | |
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