GemForex vs FP Markets

GemForex vs FP Markets Comparison Table 2023
GemForex	FP Markets
Review 2.3	Review 4
Traders from US not accepted See available CFD brokers	Traders from US not accepted See available CFD brokers
GemForex is a Japanese CFD and forex broker offering a curated selection of trading products.	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.
Bonus Offer
1000% Deposit Bonus Jackpot
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."
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
Cons
	$55 subscription fee on IRESS accounts Withdrawal fees for some payment types Does not accept US customers
Awards
Best Broker 2020 - Forex.com Awards Best Broker 2019 - Forex.com Awards Best Broker 2018 - Forex.com Awards Best MT4 Broker 2017 - Forex.com Awards Best Forex Trade Copy Service 2017 - Forex.com Awards Best Asia FX Broker 2016 - Forex.com Awards	Best Global Forex Value Broker 2019 - Global Forex Awards Best Quality of Trade Execution 2019 - Investment Trends
Instruments
Forex, Commodities	CFDs, Forex, Stocks, Indices, Commodities, Bonds, ETFs, Crypto
Demo Account
Yes	Yes
Minimum Deposit
$1	$100
Trading Platforms
MT4 MT5	MT4 MT5 cTrader AutoChartist TradingCentral
Payment Methods
Bitwallet Credit Card Debit Card PayPal Perfect Money Sticpay UnionPay	BPAY Credit Card Dragonpay FasaPay Finrax Mastercard MoneyGram Neteller PayPal Paytrust Perfect Money POLi Skrill Visa Wire Transfer
Minimum Trade
$0	0.01 Lots
Regulator
FSC	ASIC, CySEC, ESMA
Margin Trading
Yes	No
STP Account
Yes	Yes
ECN Account
No	Yes
DMA Account
No	Yes
MAM Account
No	Yes
PAMM Account
No	Yes
LAMM Account
No	No
Demat Account
No	No
AI / Machine Learning
No	No
Robo Advisor
No	No
Negative Balance Protection
Yes	Yes
Market Maker
No	Yes
P2P Trading
No	No
Spot Trading
Yes	Yes
Mobile Apps
Yes (iOS & Android)	iOS & Android
Auto Trading
Yes - the first ever free EA service in Japan	Expert Advisors (EAs) on MetaTrader
Copy Trading
Yes	Yes
Copy Trading Platform
GemForex offers a free forex mirror trading tool that operates without the need for VPS.	FP Markets Social Trading app allows for the straightforward mirroring of established traders with an easy-to-follow ranking system.
Social Trading
No	Yes
Trade Signals
Yes - MT4
VPS Hosting
No	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
No	Yes
Account Currencies
USD JPY	USD EUR GBP CAD AUD JPY TRY CHF PLN CZK THB VND
Stock Exchanges
Australian Securities Exchange CAC 40 Index France DAX GER 40 Index Euronext FTSE UK Index Hang Seng Nasdaq	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
Oil	Aluminium Copper Corn Gold Iron Natural Gas Oil Palladium Platinum Silver Soybeans Steel Wheat
CFD Trading
Trade leveraged CFDs on indices and commodities.	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.
Leverage
1:1000	1:30 (UK), 1:500 (Global)
FTSE Spread
Variable	1.64
GBPUSD Spread
Variable	1.9 average
Oil Spread
Variable	0.04
Stocks Spread
N/A	Variable
Forex Trading
GemForex offers 33 currency pairs, including majors, minors and exotics.	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.
GBPUSD Spread
Variable	1.9
EURUSD Spread
Variable	1.1
EURGBP Spread
Variable	1.7
Assets
33	60+
Currency Indices
	USD
Cryptocurrency
Crypto trading not offered	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.
Spread
	Floating
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
GemForex vs	FP Markets vs