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