FP Markets
Interactive Investor
Basic data of broker
Recommended for Forex and CFD traders familiar with the MetaTrader and IRESS trading platforms
Recommended for Beginners and investors focusing on the UK market
Australia
UK
Fees
Low trading and non-trading fees, high stock CFD fees
Average trading fees, low non-trading fees, no withdrawal fee
Stock and ETF fees
Forex fees
Fund fees
Bond fees
Options fees
Futures fees
Crypto fees
CFD fees
Non-trading fees
Deposit and withdrawal
10
9
Deposit type
Withdrawal type
Account opening
$100
$0
1 day
1 day
Proof of identity: passport / national ID card / driver's license Proof of residency: bank statement / utility bill
Proof of identity: passport or driver's license Proof of residency: bank statement or utility bill
Trading platform
Markets and products
Disclaimer: 75.31% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Research, education
Mid-range
Poor
Customer service
Security
No protection under ASIC, €20,000 under CySEC, No protection under Financial Services Authority (St. Vincent and the Grenadines)
£85,000
2005
2003
Australia, Cyprus, St. Vincent and the Grenadines
UK
For detailed information and hands-on experience, read our review of this broker.
For detailed information and hands-on experience, read our review of this broker.
Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology.
FP Markets's service is slightly weaker than Interactive Investor's and a comparison of their fees shows that FP Markets's fees are similar to Interactive Investor's.
Account opening takes about the same effort at FP Markets compared to Interactive Investor, deposit and withdrawal processes are somewhat easier at FP Markets, while customer service quality is better than Interactive Investor's.
Our experts rated the trading platform of FP Markets as being of the same quality as the platform of Interactive Investor, found that clients have access to slightly less markets and products with FP Markets, while Interactive Investor provides just about the same quality of research and education.
More alternatives to FP Markets and Interactive Investor