TeraFX vs FP Markets

TeraFX vs FP Markets Comparison Table 2021
TeraFX FP Markets
TeraFX is a regulated forex broker offering MT4 desktop & mobile trading. FP Markets is a multi-asset broker offering a choice of trading platforms.
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted
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, FasaPay, Neteller, PayPal, POLi, Skrill, Visa, Wire Transfer
Minimum Trade
0.01 lots 0.01 lots
Regulator
FCA ASIC, CySEC
Margin Trading
No No
Margin Rate
MetaTrader 4
Yes Yes
MetaTrader 5
No Yes
cTrader
No No
STP Account
No Yes
ECN Account
Yes Yes
DMA Account
No Yes
Mobile Apps
Yes Yes
Auto Trading
Yes Yes
Trade Signals
No No
Social Trading
No Yes
Copy Trading
No Yes
Islamic Account
Yes Yes
Account Currencies
- USD, EUR, GBP, CAD, AUD, JPY, TRY, CHF
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