Compare FP Markets vs FXTM


Online brokers compared for fees, trading platforms, safety and more. See how FP Markets stacks up against FXTM!

FP Markets vs FXTM
overall rating
4.4
4.2
overall pros
  • Low forex fees
  • Easy and fast account opening
  • Quick deposit and withdrawal
  • Superb customer service
  • Great educational tools
  • Digital and fast account opening
overall cons
  • High stock CFD fees
  • Limited product portfolio
  • Outdated web and desktop platform
  • High stock CFD fees
  • Inactivity and withdrawal fees
  • Limited product portfolio
fees
3.8
  • Low trading fees
  • Low non-trading fees
  • Low forex fees
  • High stock CFD fees
  • High fee for international bank withdrawal
3.4
  • Low fees for stock index CFDs
  • Low EURCHF and EURGBP fees
  • High non-trading fees
  • Withdrawal fee
  • High stock CFD fees
account opening
5.0
  • Fast
  • Fully digital
  • No minimum depsoit for forex accounts
  • High minimum account balance for CFD and stock account types
5.0
  • Fast
  • Fully digital
  • User-friendly
deposit and withdrawal
4.9
  • Credit/Debit card available
  • No deposit fee
  • Several account base currencies
  • Some withdrawal options are not free of charge
4.0
  • Credit/Debit card available
  • No deposit fee
  • Quick deposit and withdrawal - within 3 days
  • Most of the withdrawal options have a fee
web trading platform
2.8
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Order confirmation
  • No two-step (safer) login
  • No price alerts
  • Outdated design
2.8
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Order confirmation
  • No two-step (safer) login
  • No price alerts
mobile trading platform
3.8
  • User-friendly
  • Good search function
  • Price alerts
  • No two-step (safer) login
  • No Touch/Face ID login
  • No order confirmation
3.8
  • User-friendly
  • Good search function
  • Price alerts
  • No two-step (safer) login
  • No Touch/Face ID login
  • No order confirmation
desktop trading platform
3.3
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Price alerts
  • No two-step (safer) login
3.3
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Price alerts
  • No two-step (safer) login
markets and products
1.9
  • Forex
  • CFD
  • Crypto
  • Real stocks from the Australian market
2.4
  • Stock
  • Forex
  • CFD
  • Crypto
research
4.3
  • Trading ideas
  • Data on asset fundamentals
  • User-friendly
3.8
  • Quality news flow
  • User-friendly
  • Technical analysis-based trading ideas
  • No fundamental data available
customer service
4.0
  • Live chat
  • Great email and phone support
  • No 24/7 support
4.5
  • Phone support
  • Live chat
  • Fast response time
  • No 24/7 support
education
4.0
  • Demo account
  • Trading platform tutorial
  • No webinars
5.0
  • Demo account
  • Trading platform tutorial
  • Educational videos
  • Negative balance protection under CySEC
  • €20,000 investor protection under CySEC
  • Does not hold a banking license
  • No negative balance protection under ASIC
  • No investor protection under ASIC
  • Negative balance protection
  • Regulated by top-tier FCA
  • Does not hold a banking license
  • Not listed on stock exchange
  • Financial information is not publicly available
recommended for Forex and CFD traders familiar with MetaTrader and IRESS trading platforms Forex traders familiar with the MetaTrader 4 platform
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