FP Markets vs M1 Finance

FP Markets vs M1 Finance Comparison Table 2023
FP Markets M1 Finance
4
3.9

M1 Finance is #10 in our broker rankings.

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

FP Markets is a multi-asset broker offering a choice of trading platforms.

M1 Finance offers customizable and automated trading services for US investors.

Awards
  • Best Global Forex Value Broker 2019 - Global Forex Awards
  • Best Quality of Trade Execution 2019 - Investment Trends
  • Best Roth IRA Accounts - 2020
Promotions

Get A $500 Welcome Bonus When You Join M1 Finance

Bonus
M1 Finance Plus free for 3 months on new accounts
Instruments
Forex, CFDs, indices, shares, commodities, cryptocurrencies, bonds, ETFs Stocks, ETFs, OTC stocks
Demo Account
Yes Yes
Minimum Deposit
$100 $100 ($500 for IRA)
Payment Methods
Minimum Trade
0.01 lots $1
Regulator
ASIC, CySEC, ESMA FINRA, SEC
Margin Trading
No Yes
Margin Rate
3.5 - 5%
MetaTrader 4
Yes No
MetaTrader 5
Yes No
cTrader
No No
AlgoTrader
No No
OmniTrader
No No
TradingView
No No
Autochartist
Yes No
eSignal
No No
Trading Central
Yes No
STP Account
Yes No
ECN Account
Yes No
DMA Account
Yes No
MAM Account
Yes No
PAMM Account
Yes No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No Yes
Robo Advisor
No Yes
Negative Balance Protection
Yes No
Market Maker
Yes No
P2P Trading
No No
Spot Trading
Yes Yes
Mobile Apps
Yes Yes
Auto Trading
Yes Yes
Copy Trading
Yes No
Copy Trading Platform
FP Markets Social Trading app allows for the straightforward mirroring of established traders with an easy-to-follow ranking system.
Social Trading
Yes No
VPS Hosting
Yes No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No Yes
Custodial Account
No Yes
Guaranteed Stop Loss
No No
Inactivity Fee
0
Islamic Account
Yes No
Account Currencies
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • JPY
  • TRY
  • CHF
  • PLN
  • CZK
  • THB
  • VND
  • USD
Stock Exchanges
Commodities
CFD Trading
Trade thousands of CFDs across a range of markets with high leverage. CFD trading not offered
Leverage
1:500 (Global), (1:30 UK)
FTSE Spread
1.64
GBPUSD Spread<
1.9 average
Oil Spread
0.04
Stocks Spread
Variable
Forex Trading
Trade on dozens of forex pairs with low spreads. Forex trading not offered
GBPUSD Spread
1.9 average
EURUSD Spread
1.1 average
EURGBP Spread
1.7 average
Assets
60+
Cryptocurrency
Trade a handful of leading cryptocurrency coins against the US Dollar. Build custom crypto portfolios and select from the broker's expert pies.
Spread
Floating Variable
Coins
  • ADA
  • BCH
  • BTC
  • DOG
  • DOT
  • EOS
  • ETH
  • LNK
  • LTX
  • XRP
  • SOL
  • XLM
  • BTC
  • ADA
  • AVE
  • ETH
  • LINK
  • ALDO
  • BAT
  • ATOM
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
More Comparisons
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