 Traders from US not accepted
|
 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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More Comparisons |
TeraFX vs |
FP Markets vs |