TeraFX vs FP Markets

TeraFX vs FP Markets Comparison Table 2022
TeraFX FP Markets
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted
TeraFX is a regulated forex broker offering MT4 desktop & mobile trading. FP Markets is a multi-asset broker offering a choice of trading platforms.
Awards
Best Global Forex Value Broker 2019 - Global Forex Awards
Best Quality of Trade Execution 2019 - Investment Trends
Bonus
None None
Instruments
Forex, CFDs, indices, commodities, cryptocurrencies Forex, CFDs, indices, shares, commodities, cryptocurrencies
Demo Account
Yes Yes
Minimum Deposit
$100 $100
Payment Methods
Neteller, Skrill, Visa BPAY, Credit Card, Dragonpay, FasaPay, Neteller, PayPal, Paytrust, POLi, Skrill, Visa, Wire Transfer
Minimum Trade
0.01 lots 0.01 lots
Regulator
FCA ASIC, CySEC, ESMA
Margin Trading
No No
MetaTrader 4
Yes Yes
MetaTrader 5
No Yes
cTrader
No No
STP Account
No Yes
ECN Account
Yes Yes
DMA Account
No Yes
MAM Account
No Yes
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
No Yes
Mobile Apps
Yes Yes
Auto Trading
Yes Yes
Trade Signals
- -
VPS Hosting
- No
Tournaments
- No
Demo Competitions
- No
Ethical Investing
- No
Social Trading
No Yes
Copy Trading
No Yes
Islamic Account
Yes Yes
Account Currencies
- USD, EUR, GBP, CAD, AUD, JPY, TRY, CHF, PLN, CZK
CFD
Trade CFDs with leverage across multiple asset classes. Trade thousands of CFDs across a range of markets with up to 1:500 leverage.
Leverage
1:30 Retail, 1:200 Professional 1:500
FTSE Spread
Floating 0.31
GBPUSD Spread
Floating 0.49
Oil Spread
Floating 0.03
Stocks Spread
N/A Variable
Forex
Trade 50+ forex pairs with 1:30 leverage. Trade on dozens of forex pairs with low spreads.
GBPUSD Spread
Floating 0.49
EURUSD Spread
Floating 0.09
EURGBP Spread
Floating 0.61
Assets
59 60+
Cryptocurrency
Crypto trading not offered Trade a handful of leading cryptocurrency coins against the US Dollar.
Spread
Trade top crypto pairs on MT4. Floating
Coins
BTC, ETH, LTC, XRP BTC, BCH, LTC, ETH, RPL
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
- No
Auto Market Maker
No No
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