FP Markets vs Mega Trader FX

FP Markets vs Mega Trader FX Comparison Table 2022
FP Markets Mega Trader FX
FP Markets is a multi-asset broker offering a choice of trading platforms. Mega Trader FX is a multi-asset broker offering 1:500 leverage and deposit bonuses.
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted
Awards
Best Global Forex Value Broker 2019 - Global Forex Awards
Best Quality of Trade Execution 2019 - Investment Trends
Bonus
None 20% deposit bonus up to $2,000
Instruments
Forex, CFDs, indices, shares, commodities, cryptocurrencies Forex, CFDs, indices, precious metals, energies
Demo Account
Yes Yes
Minimum Deposit
$100 $0
Payment Methods
BPAY, Credit Card, Dragonpay, FasaPay, Neteller, PayPal, Paytrust, POLi, Skrill, Visa, Wire Transfer Neteller, Skrill, Visa
Minimum Trade
0.01 lots 0.01 lots
Regulator
ASIC, CySEC, ESMA CySEC
Margin Trading
No No
MetaTrader 4
Yes Yes
MetaTrader 5
Yes No
cTrader
No No
STP Account
Yes No
ECN Account
Yes No
DMA Account
Yes No
MAM Account
Yes No
PAMM Account
No No
LAMM Account
No No
Demat Account
No -
AI / Machine Learning
No -
Robo Advisor
No -
Negative Balance Protection
No -
Market Maker
Yes -
P2P Trading
No -
Spot Trading
Yes No
Mobile Apps
Yes Yes
Auto Trading
Yes Yes (EAs)
Trade Signals
- -
VPS Hosting
No -
Tournaments
No -
Demo Competitions
No -
Ethical Investing
No -
Social Trading
Yes No
Copy Trading
Yes No
Islamic Account
Yes Yes
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 products are available on multiple financial markets.
Leverage
1:500 1:500
FTSE Spread
0.31 Variable
GBPUSD Spread
0.49 2.6
Oil Spread
0.03 Variable
Stocks Spread
Variable N/A
Forex
Trade on dozens of forex pairs with low spreads. Online trading is available on major, minor and exotic FX pairs.
GBPUSD Spread
0.49 2.6
EURUSD Spread
0.09 1.9
EURGBP Spread
0.61 2.5
Assets
60+ 54
Cryptocurrency
Trade a handful of leading cryptocurrency coins against the US Dollar. Crypto trading not offered
Spread
Floating
Coins
BTC, BCH, LTC, ETH, RPL
Crypto Lending
No -
Crypto Mining
No -
Auto Market Maker
No -
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