FP Markets vs ZuluTrade

FP Markets vs ZuluTrade Comparison Table 2023
FP Markets	ZuluTrade
Review 4	Review 4.1
Traders from US not accepted See available CFD brokers	Traders from US not accepted See available CFD brokers
FP Markets is an ASIC- and CySEC-regulated broker that offers forex and CFD trading on a broad range of assets through the MT4, MT5 and IRESS platforms. With trading available through standard and raw spread accounts on thousands of international stocks, forex, indices, commodities, cryptocurrencies, bonds and ETFs, this broker has some of the most comprehensive market coverage available. FP Markets also offers a full range of additional features, including educational resources and access to powerful software such as Autochartist.	ZuluTrade is a renowned social-wealth management platform that allows investors to trade by copying the trades of experienced traders, also known as leaders. This award-winning platform supports social trading and copy trading across multiple assets and has a network of more than 90,000 Leaders and 1,000+ brokers. ZuluTrade is part of the Finvasia Group and is regulated in the EU, South Africa, Japan and Mauritius.
Comment by Reviewer
"We recommend FP Markets for forex and stock traders with 70+ currency pairs and an impressive 10,000+ stocks available as CFDs."	"We recommend ZuluTrade for investors interested in joining one of the world's largest and best-performing social trading networks. The platform is user-friendly and clients can copy trade in a variety of popular financial markets."
Pros
Regulated and reputable broker with ASIC and CySEC oversight Tight spreads available on both the standard and raw spread account Good range of additional tools and features including educational content, Myfxbook and Autochartist MT4, MT5 and IRESS trading platforms One of the fullest asset lists on the market Bespoke copy trading platform High leverage up to 1:500	First and oldest copy trading platform A vibrant social community of traders to connect, share, learn and grow Reliable and easy-to-use mobile app Access to popular cryptocurrencies including Bitcoin Free and fully functioning demo account, perfect for beginners Wide range of performance indicators and graphs to help evaluate leaders More than 90,000 leaders to follow and copy which could result in greater earnings Investors can comment directly on leaders’ profile pages Only view the top leaders who comply with stringent criteria, demonstrating consistent and reliable performance Broker and Platform Agnostic, which means that users can enjoy the freedom of choice across a variety of brokers, markets and trading platforms
Cons
$55 subscription fee on IRESS accounts Withdrawal fees for some payment types Does not accept US customers	Some inconsistent leaders to be aware of Employing an effective money management system can be difficult for beginners Leaders are not formally vetted. The ZuluGuardTM feature does mitigate this risk, however, by automatically removing a leader when detecting a trading strategy has deviated from its expected loss profile
Awards
Best Global Forex Value Broker 2019 - Global Forex Awards Best Quality of Trade Execution 2019 - Investment Trends	Best Social Trading Solution at UF Awards 2022 Best Social Wealth Management Platform at Forex Expo Dubai in October 2022 Best Social Trading Solution Award at iFX EXPO Dubai 2023 Best Wealth Management Platform Africa Awards at FAME Awards 2023 Best Social Trading Solution at UF Awards APAC 2023Best Social Trading Solution at UF Awards Global 2023 in Cyprus
Instruments
CFDs, Forex, Stocks, Indices, Commodities, Bonds, ETFs, Crypto	CFDs; Forex, Stocks, Cryptos, Commodities, Indices
Demo Account
Yes	Yes
Minimum Deposit
$100	Broker Dependant
Trading Platforms
MT4 MT5 cTrader AutoChartist TradingCentral	X Open Hub Match-Trader MT4 MT5 ActTrader
Payment Methods
BPAY Credit Card Dragonpay FasaPay Finrax Mastercard MoneyGram Neteller PayPal Paytrust Perfect Money POLi Skrill Visa Wire Transfer	Investors - Broker-Dependent. Leaders - Bank Transfer, PayPal, Cryptos
Minimum Trade
0.01 Lots	$1
Regulator
ASIC, CySEC, ESMA	HCMC in EU, FSA in Japan, FSC in Mauritius, FSCA in South Africa
Margin Trading
No	Yes
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	No
Robo Advisor
No	No
Negative Balance Protection
Yes	No
Market Maker
Yes	No
P2P Trading
No	No
Spot Trading
Yes	No
Mobile Apps
iOS & Android	iOS & Android
Auto Trading
Expert Advisors (EAs) on MetaTrader	ZuluTrade are market leaders in automated trading. From scripts to auto execution APIs and copy trading.
Copy Trading
Yes	Yes
Copy Trading Platform
FP Markets Social Trading app allows for the straightforward mirroring of established traders with an easy-to-follow ranking system.	Investors can follow the strategies and positions of 90,000+ traders spanning a range of financial markets. ZuluTrade is one of the top-rated and regulated copy trading platforms globally, with multiple industry awards, an excellent reputation and a suite of risk management tools and real-time analysis features.
Social Trading
Yes	Yes
Trade Signals
	Yes
VPS Hosting
Yes	Yes
Tournaments
No	No
Demo Competitions
No	No
Ethical Investing
No	No
Custodial Account
No	No
Guaranteed Stop Loss
No	No
Inactivity Fee
$0
Islamic Account
Yes	Yes
Account Currencies
USD EUR GBP CAD AUD JPY TRY CHF PLN CZK THB VND
Stock Exchanges
Australian Securities Exchange Borsa Italiana CAC 40 Index France DAX GER 40 Index Dow Jones Euronext FTSE UK Index Hang Seng Hong Kong Stock Exchange IBEX 35 Japan Exchange Group London Stock Exchange Nasdaq National Stock Exchange Of India New York Stock Exchange
Commodities
Aluminium Copper Corn Gold Iron Natural Gas Oil Palladium Platinum Silver Soybeans Steel Wheat	Gold Oil Silver
CFD Trading
FP Markets' CFD trading covers a range of markets, including 10,000+ equities, indices, commodities, cryptocurrencies and ETFs. Spreads are tight and traders get fast execution speeds.	ZuluTrade offers a cutting-edge platform for Contract for Difference (CFD) trading, empowering traders with a dynamic and user-friendly environment. It offers a diverse range of financial instruments to cater to various trading preferences, including forex, stocks, indices, commodities and cryptos.
Leverage
1:30 (UK), 1:500 (Global)	Broker Dependent
FTSE Spread
1.64	Broker dependent
GBPUSD Spread
1.9 average	Broker dependent
Oil Spread
0.04	Broker dependent
Stocks Spread
Variable	Broker dependent
Forex Trading
FP Markets is a good option for forex traders, with 70+ pairs covering an excellent range of currencies. Spreads are already tight on standard accounts and start from zero on raw spread accounts, and the broker offers high leverage up to 1:500 and top-tier liquidity.	In the realm of Forex CFDs, ZuluTrade offers access to an extensive selection of currency pairs, enabling traders to engage in the exciting world of currency exchange with ease and flexibility.
GBPUSD Spread
1.9	Broker dependent
EURUSD Spread
1.1	Broker dependent
EURGBP Spread
1.7	Broker dependent
Assets
60+	Broker dependent
Currency Indices
USD
Cryptocurrency
Take positions on popular cryptocurrencies, including Bitcoin, Ethereum, Ripple, Bitcoin Cash, and Litecoin with leveraged CFDs. However, you cannot directly buy and own crypto tokens.	ZuluTrade supports Crypto CFDs, making it possible for traders to speculate on the price movements of cryptocurrencies like Bitcoin and Ethereum. This feature allows traders to participate in the cryptocurrency market without owning the underlying assets.
Spread
Floating	Broker dependent
Coins
ADA BCH BTC DOG DOT EOS ETH LNK LTX XRP SOL XLM
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No

Review	Review
More Comparisons
FP Markets vs	ZuluTrade vs