FP Markets vs M1 Finance

FP Markets vs M1 Finance Comparison Table 2021
FP Markets M1 Finance
FP Markets is a multi-asset broker offering a choice of trading platforms. M1 Finance offers customizable and automated trading services for US investors.
United States Flag Traders from US not accepted
United States Flag Traders from US accepted
Awards
Best Global Forex Value Broker 2019 - Global Forex Awards
Best Quality of Trade Execution 2019 - Investment Trends
Bonus
None $4,000 switching bonus
Instruments
Forex, CFDs, indices, shares, commodities, cryptocurrencies Stocks, ETFs, funds
Demo Account
Yes Yes
Minimum Deposit
$100 $100
Payment Methods
BPAY, Credit Card, FasaPay, Neteller, PayPal, POLi, Skrill, Visa, Wire Transfer Wire Transfer
Minimum Trade
0.01 lots $1
Regulator
ASIC, CySEC FINRA, SEC
Margin Trading
No Yes
Margin Rate
2 - 3.5%
MetaTrader 4
Yes No
MetaTrader 5
Yes No
cTrader
No No
STP Account
Yes No
ECN Account
Yes No
DMA Account
Yes No
Mobile Apps
Yes Yes
Auto Trading
Yes Yes
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. CFD trading not offered
Leverage
1:500
FTSE Spread
0.31
GBPUSD Spread
0.49
Oil Spread
0.03
Stocks Spread
Variable
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