|
4
|
3.9
M1 Finance is #10 in our broker rankings.
|
 Traders from US not accepted |
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
|
|
| 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 |
FP Markets
vs
|
M1 Finance
vs
|
