FXOpen vs. FP Markets
Compare their range of markets, trading platforms, deposit and withdrawal methods, and much more.
Pros and Cons
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
- 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 - Investment Trends
- Most Satisfied Traders - Investment Trends
- Best Value Global Broker - Investment Trends
Markets
| Asset classes | FXOpen ▷ | FP Markets ▷ |
| Forex (CFD) |  | |
|---|---|---|
| Cryptos (CFD) | | |
| Stocks (CFD) | | |
| Indices (CFD) | | |
| ETFs (CFD) | NA | |
| Metals (CFD) | | |
| Energy (CFD) | | |
| Asset classes (#) | FXOpen ▷ | FP Markets ▷ |
| Forex (CFD) | 51 | 61 |
| Cryptos (CFD) | 43 | 5 |
| Stocks (CFD) | 100 | 9,094 |
| Indices (CFD) | 10 | 15 |
| ETFs (CFD) | NA | 198 |
| Metals (CFD) | 2 | 4 |
| Energy (CFD) | 3 | 3 |
Trading platforms
| Trading platforms | FXOpen ▷ | FP Markets ▷ |
| MetaTrader 4 | | |
|---|---|---|
| MetaTrader 5 | | |
| cTrader |  | |
| Currenex | | |
| Copy trading | | |
| Mirror trading | | |
| Other platforms | TickTrader | IRESS |
| Operating systems | FXOpen ▷ | FP Markets ▷ |
| Web trader | | |
| Android | | |
| iOS | | |
Account funding
| Deposits and withdrawals | FXOpen ▷ | FP Markets ▷ |
| Bank transfer | | |
|---|---|---|
| Broker to broker | NA | |
| Credit card | | |
| Debit card | | |
| Bitcoin | | NA |
| BPAY | NA | |
| China UnionPay | NA | |
| DixiPay | | NA |
| FasaPay | | |
| NETELLER | NA | |
| Ngân Lượng | NA | |
| PayPal | NA | |
| Paytrust88 | NA | |
| Perfect Money | | NA |
| QIWI Wallet | | NA |
| Skrill | | |
| SorexPay | | NA |
| WebMoney | | NA |
| Yandex.Money | | NA |
| Account base currencies | FXOpen ▷ | FP Markets ▷ |
| AUD - Australian Dollar | | |
| CAD - Canadian Dollar | NA | |
| CHF - Swiss Franc | | |
| CNY - Chinese Yuan | NA | |
| EUR - Euro | | |
| GBP - British Pound | | |
| HKD - Hong Kong Dollar | NA | |
| IDR - Indonesian rupiah | NA | |
| JPY - Japanese Yen | | |
| MYR - Malaysian Ringgit | NA | |
| NZD - New Zealand Dollar | NA | |
| PLN - Polish Złoty | NA | |
| RUB - Russian Rouble | | NA |
| SGD - Singapore Dollar | | |
| THB - Thai Baht | NA | |
| USD - U.S. Dollar | | |
| VND - Vietnamese Dong | NA | |
Regulators
| Company information | FXOpen ▷ | FP Markets ▷ |
| Company name | FXOpen NZ Limited | FP Markets Pty Ltd |
|---|---|---|
| Head office | Auckland, New Zealand | Sydney, Australia |
| Incorporation date | 2005 | 2005 |
| Regulators | FXOpen ▷ | FP Markets ▷ |
| Australia | AFSL No. 412871 | AFS No. 286354 |
| CySEC | NA | No. 371/18 |
| Nevis | Nevis No. C 42235 | NA |
| UK | FCA No. 579202 | NA |
