FXOpen vs. FP Markets

Compare their range of markets, trading platforms, deposit and withdrawal methods, and much more.

Pros and Cons

FXOpen

  • Pros
  • Leverage up to 1:500.
  • Trade on MetaTrader 4, 5 or TickTrader.
  • All trading strategies allowed (ECN account).
  • Account base currencies: USD, AUD, CHF, EUR, GBP, JPY, RUB, SGD, mBTC.
  • Cons
  • Withdrawal fees between 2.5% and 8.25% (depending on your deposit method), if you request a withdrawal before meeting minimum notional trading volume requirements.
  • FXOpen is only regulated in Nevis.
  • Awards
  • High-quality order execution, 2018 - VerifyMyTrade
  • Best Forex Broker Australia, 2011 - World Finance
  • Best Trading Platform, 2010 - Falcon Award
FP Markets

  • Pros
  • Trade CFDs on over 10,000 instruments, including U.S. and international stocks.
  • Trade on MetaTrader 4, 5 or Iress.
  • All Expert Advisors allowed.
  • Leverage up to 1:500.
  • Over 15 account base currencies (including USD).
  • Cons
  • AUD 10 withdrawal fee on international withdrawals.
  • Platform fees apply for IressTrader/ViewPoint.
  • Awards
  • Best Trade Execution
  • Most Satisfied Traders
  • Best Value Global Broker

Markets

Asset classesFXOpen ▷FP Markets ▷
Forex (CFD)NA
Cryptos (CFD)NA
Stocks (CFD)NA
Indices (CFD)NA
Metals (CFD)NA
Energy (CFD)NA
Asset classes (#)FXOpen ▷FP Markets ▷
Forex (CFD)51NA
Cryptos (CFD)43NA
Stocks (CFD)100NA
Indices (CFD)10NA
Metals (CFD)2NA
Energy (CFD)3NA

Trading platforms

Trading platformsFXOpen ▷FP Markets ▷
MetaTrader 4
MetaTrader 5
cTrader
Currenex
Copy trading
Mirror trading
Other platformsTickTraderIRESS
Operating systemsFXOpen ▷FP Markets ▷
Web trader
Android
iOS

Account funding

Deposits and withdrawalsFXOpen ▷FP Markets ▷
Bank transfer
Broker to brokerNA
Credit card
Debit card
BitcoinNA
BPAYNA
China UnionPayNA
DixiPayNA
FasaPay
NETELLERNA
Ngân LượngNA
PayPalNA
Paytrust88NA
Perfect MoneyNA
QIWI WalletNA
Skrill
SorexPayNA
WebMoneyNA
Yandex.MoneyNA
Account base currenciesFXOpen ▷FP Markets ▷
AUD - Australian Dollar
CAD - Canadian DollarNA
CHF - Swiss Franc
CNY - Chinese YuanNA
EUR - Euro
GBP - British Pound
HKD - Hong Kong DollarNA
IDR - Indonesian rupiahNA
JPY - Japanese Yen
MYR - Malaysian RinggitNA
NZD - New Zealand DollarNA
PLN - Polish ZłotyNA
RUB - Russian RoubleNA
SGD - Singapore Dollar
THB - Thai BahtNA
USD - U.S. Dollar
VND - Vietnamese DongNA

Regulators

Company informationFXOpen ▷FP Markets ▷
Company nameFXOpen NZ LimitedFP Markets Pty Ltd
Head officeAuckland, New ZealandSydney, Australia
Incorporation date20052005
RegulatorsFXOpen ▷FP Markets ▷
AustraliaAFSL No. 412871AFS No. 286354
NevisNevis No. C 42235NA
Saint Vincent and the GrenadinesNANo. 126 LLC 2019
UKFCA No. 579202NA