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