Basic data of broker
Recommended for Forex and CFD traders familiar with the MetaTrader and IRESS trading platforms
Recommended for Forex and CFD traders looking for low fees and great deposit/withdrawal service
Best CFD broker
Australia
Poland
Fees
Low trading and non-trading fees, high stock CFD fees
Low forex, average non-trading fees, high stock CFD fees
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
5
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: ID / passport / driver's license Proof of residency: bank statement / 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.
Disclaimer: 81% 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
Great
Customer service
Security
€20k to EU clients, $0 to others
£85k to UK and €20-22k to EU clients, $0 to others
€20k to EU clients, $0 to others
£85k to UK and €20-22k to EU clients, $0 to others
2005
2002
Australia, Cyprus, St. Vincent and the Grenadines
UK, Poland, Cyprus, Spain, Belize, Dubai
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 XTB's and a comparison of their fees shows that FP Markets's fees are similar to XTB's.
Account opening takes about the same effort at FP Markets compared to XTB, deposit and withdrawal processes are about the same quality at FP Markets, while customer service quality is similar to XTB's.
Our experts rated the trading platform of FP Markets as somewhat worse than the platform of XTB, found that clients have access to less markets and products with FP Markets, while XTB provides better research and education.