FP Markets vs SynergyFX

FP Markets vs SynergyFX Comparison Table 2021
FP Markets SynergyFX
FP Markets is a multi-asset broker offering a choice of trading platforms. SynergyFX is an Australian broker offering ECN accounts & the MetaTrader platforms.
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
Best Forex Broker 2018 - International Business Summit Malaysia
Australian Best Forex Broker 2015 - Global Financial Market Review
Best Currency Management Fund 2015 - GFMR
Bonus
None Spin & Win Draw
Instruments
Forex, CFDs, indices, shares, commodities, cryptocurrencies Forex, CFDs, indices, shares, commodities
Demo Account
Yes Yes
Minimum Deposit
$100 $50
Payment Methods
BPAY, Credit Card, Dragonpay, FasaPay, Neteller, PayPal, Paytrust, POLi, Skrill, Visa, Wire Transfer Credit Card, Doku Wallet, Mastercard, Skrill, UnionPay, Visa, Wire Transfer
Minimum Trade
0.01 lots 0.01 lots
Regulator
ASIC, CySEC, ESMA ASIC, VFSC
Margin Trading
No No
MetaTrader 4
Yes Yes
MetaTrader 5
Yes Yes
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 No
AI / Machine Learning
No -
Robo Advisor
No -
Negative Balance Protection
No -
Market Maker
Yes -
P2P Trading
No No
Spot Trading
Yes No
Mobile Apps
Yes Yes
Auto Trading
Yes Yes
Trade Signals
- -
VPS Hosting
No -
Tournaments
No -
Demo Competitions
No -
Ethical Investing
No -
Social Trading
Yes Yes
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. Trade across several financial markets with up to 1:400 leverage.
Leverage
1:500 1:500
FTSE Spread
0.31 1.4
GBPUSD Spread
0.49 1.5
Oil Spread
0.03 0.030
Stocks Spread
Variable Variable
Forex
Trade on dozens of forex pairs with low spreads. Trade forex with competitive spreads.
GBPUSD Spread
0.49 1.5
EURUSD Spread
0.09 0.8
EURGBP Spread
0.61 1.3
Assets
60+ 40+
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 No
Crypto Mining
No -
Auto Market Maker
No -