Coinbase Vs. FP Markets - Compare and Choose the Right One


Visit Investing in cryptocurrencies involves risk.	Visit 70.70% of retail CFD accounts lose money.
Overview
Coinbase is a cryptocurrency exchange and wallet founded in 2012 with the aim of simplifying cryptocurrency transactions for the average user. Through their mobile and web app they allow purchasing, storing, receiving and sending several real cryptocurrencies.	FP Markets is a leading Australian broker with a 10,000+ asset offering accompanied by a great variety of tech options such as deploying your own VPS and accessing ENC / DMA pricing.
Best For
Inexperienced cryptocurrency investors Long term cryptocurrency holders Investors meeting the above two conditions and also satisfied with the cryptocurrency offering they provide Seasoned investors and traders looking to explore the Coinbase Pro option for better pricing.	Professional traders looking for DMA pricing on their stocks Professional traders looking to set up a dedicated VPS High volume share traders that benefit from DMA pricing
Licenses
Financial Licenses Regulation Unregulated Top-tier Licenses 0 Other Licenses 0 Provided by TheTradingBible.com Learn More	Financial Licenses Regulation Regulated Top-tier Licenses 1 Other Licenses 2 Provided by TheTradingBible.com Learn More
🏛 Financial Regulators
Registered as an electronic payments provider in countries where required to operate, yet they don’t require traditional brokerage regulation.	ASIC (Australia) CySec (Cyprus) FSA (St. Vincent and the Grenadines)
The Good
Extremely simple and friendly interfaces Moderate variety of cryptocurrencies Independent wallet application Option to choose from standard Coinbase or Coinbase Pro Coinbase debit card (for eligible countries) to spend and manage your cryptocurrencies	Customisable or removable leverage Broad asset offering (10,000 +) Competitive forex commissions
The Bad
Extremely high fees for cryptocurrency transactions (especially on standard app) Low variety of cryptocurrencies to trade when compared to leading exchanges	No ETFs are offered Stock trading commissions are expensive when compared to similar brokers Website is slow and confusing Fees for the majority of deposit and withdrawal methods
Status
Operational	Operational
Recent News
N/A	N/A
Key Data
⌛ Account Opening Time
1 Day	1 Day
📋 Documents Required
Valid identity document (Passport, ID Card, etc) Valid proof of residence document (Bank statement, utility bills) All documents must be under the account holder's name.	Valid identity document (Passport, ID Card, etc) Valid proof of residence document (Bank statement, utility bills) All documents must be under the account holder's name.
📍 Year Founded
2012	2005
💳 Minimum Deposit
0	$100
💰 Payment Methods
Visa Mastercard Bank Transfers Paypal	Visa Mastercard Bank Transfer Paypal Neteller Skrill FasaPay PayTrust China Union Pay Bpay Broker to broker Sticpay Plusdebit Rupee Payments Dragonpay Perfect Money Paylivre Rapyd Finrax Fairpay
💵 Account Base Currencies
All available cryptocurrencies.	10 - USD, GBP, EUR, AUD, CHF, JPY, HKD, CAD, SGD, NZD.
🗽 Available to U.S Citizens
Yes	No
❌ Restricted Countries
None	US, JP, BE, NZ, SY.
📊 STP Account
No	Yes
📊 DMA Account
No	Yes
📊 ECN Account
No	Yes
Assets
📚 Available Assets
Coinbase provides only real cryptocurrencies.	CFDs on stocks, currencies, commodities, cryptocurrencies and indices
📙 Stocks
N/A	10,000 +
📘 Currency Pairs
N/A	63
📗 Commodities
N/A	15
📕 Indices
N/A	17
📔 ETFs
N/A	295
💸 Cryptocurrencies
110+	11
📒 Bonds
N/A	2
📓 Options
N/A	N/A
📗 Futures
N/A	N/A
📝 Notes:
Coinbase is a traditional cryptocurrency wallet and exchange, meaning that all cryptocurrencies purchased are real ones and not financial derivatives.	All FPMarkets assets are CFDs.
Trading Experience
📈 Minimum Stock Trade Size
N/A	Varies by Stock
📉 Minimum ETFs Trade Size
N/A	N/A
📈 Minimum Crypto Trade Size
$2	Varies by Cryptocurrency (Eg: 0.01 BTC)
📉 Minimum FX Trade Size
N/A	$1,000 - 0.01 Lots
📈 Minimum Commodities Trade Size
N/A	Varies by Commodity (Eg: 0.01 Troy ounces of Gold)
📉 Minimum Bonds Trade Size
N/A	N/A
📈 Minimum Futures Trade Size
N/A	N/A
📉 Minimum Options Trade Size
N/A	N/A
💪 Retail Leverage
N/A	Up to 1:30
💪 Professional Leverage
N/A	Up to 1:500
✍ Customisable Leverage
No	Yes
🎲 Deleveraged Trading
Yes	Yes
🎓 Demo Account
No	Yes
📱 IOS App
Yes	Yes
📱 Android App
Yes	Yes
📺 MetaTrader 4
No	Yes
📺 MetaTrader 5
No	Yes
💻 Web trader
Yes	Yes
💻 TradingView Platform
No	No
💻 Proprietary Platform
Yes	Yes
📊 Multi-chart Tools
No	Yes
👬 Copy Trading
No	Yes
👫 Social Trading
No	Yes
🔑 Guaranteed Stop-loss
No	No
🔨 Trailing Stop-loss
No	Yes
Fees
💰 Inactivity Fee
No	No
💰 Deposit Fees
No	Yes depending on method (Eg: Not for credit cards)
💰 Withdrawal Fees
No	Yes depending on method (Eg: Not for credit cards)
💰 Commissions
Yes, from 0.50% up to 2.0% of transaction values on Coinbase Standard.	Commissions vary as follows: Standard account has none Raw account has a $3 per lot commission For IRESS accounts there are various commission structures ranging from 0.1% to 0.08% with a minimum $10 charge.
Spreads
📈 EUR/USD
N/A	Dynamic - From 0 to 1.2 Pips
📉 SP500
N/A	Dynamic - From 40 to 60 Pips
📈 GOLD
N/A	Dynamic - From 0 to 31 Pips
📉 TSLA (Stock CFD)
N/A	Dynamic - Market Spread
📈 XLK (ETF - CFD)
N/A	N/A
📉 BTC
Dynamic - From 0.50% up to 2.0%	Dynamic - From $9 to $21
Research and Analysis
⭐ Watchlists
Yes	Yes
🔭 Stock Screener
No	No
🗓 Economic Calendar
No	Yes
📜 Integrated Newsfeed
Yes	No
📡 Reuters Feed
No	No