Interactive Brokers vs FP Markets
Interactive Brokers | FP Markets |
---|---|
![]()
4.3
Interactive Brokers is #12 in our CFD broker rankings. |
![]()
4
|
![]() |
![]() |
IB Boast a huge market share of global trading. With a minimum deposit of $10,000 however, they remain an option for larger traders only. |
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. |
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 | |
|
|
Cons | |
|
|
Awards | |
|
|
Instruments | |
Stocks, Futures, E-minis, Options, CFD, Forex, Crypto, Exchange Linked Warrants | Forex, CFDs, indices, shares, commodities, cryptocurrencies, bonds, ETFs |
Demo Account | |
Yes | Yes |
Minimum Deposit | |
$10000 | $100 |
Payment Methods | |
Minimum Trade | |
$100 | 0.01 lots |
Regulator | |
SEC, FCA, IIROC, SFC | ASIC, CySEC, ESMA |
Margin Trading | |
Yes | No |
Margin Rate | |
1.55 - 2.59% | |
MetaTrader 4 | |
No | Yes |
MetaTrader 5 | |
No | Yes |
cTrader | |
No | No |
AlgoTrader | |
Yes | No |
OmniTrader | |
Yes | No |
TradingView | |
No | No |
Autochartist | |
No | Yes |
eSignal | |
Yes | No |
Trading Central | |
Yes | Yes |
STP Account | |
Yes | Yes |
ECN Account | |
No | Yes |
DMA Account | |
Yes | Yes |
MAM Account | |
Yes | Yes |
PAMM Account | |
No | Yes |
LAMM Account | |
No | No |
Demat Account | |
No | No |
AI / Machine Learning | |
Yes | No |
Robo Advisor | |
No | No |
Negative Balance Protection | |
No | Yes |
Market Maker | |
No | Yes |
P2P Trading | |
No | No |
Spot Trading | |
Yes | Yes |
Mobile Apps | |
iOS, Android and Windows | Yes |
Auto Trading | |
Yes | |
Copy Trading | |
No | Yes |
Copy Trading Platform | |
FP Markets Social Trading app allows for the straightforward mirroring of established traders with an easy-to-follow ranking system. | |
Social Trading | |
No | Yes |
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 | 0 |
Islamic Account | |
No | Yes |
Account Currencies | |
|
|
Stock Exchanges | |
Commodities | |
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. | |
Leverage | |
1:50 | 1:500 (Global), (1:30 UK) |
FTSE Spread | |
0.005% (£1 Min) | 1.64 |
GBPUSD Spread | |
Commission (.20 pts x trade value) | 1.9 average |
Oil Spread | |
N/A | 0.04 |
Stocks Spread | |
From 0.003 per share, variable | Variable |
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. | |
GBPUSD Spread | |
Commission (.20 pts x trade value) | 1.9 average |
EURUSD Spread | |
Commission (.20 pts x trade value) | 1.1 average |
EURGBP Spread | |
Commission (.20 pts x trade value) | 1.7 average |
Assets | |
70+ | 60+ |
Currency Indices | |
|
|
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. | |
Spread | |
Floating | |
Coins | |
|
|
Crypto Lending | |
No | No |
Crypto Mining | |
No | No |
Crypto Staking | |
No | No |
Auto Market Maker | |
No | No |
![]() |
![]() |
More Comparisons | |
Interactive Brokers vs |
FP Markets vs |