FP Markets Vs. Nextmarkets - Compare Trustworthiness, Capabilities, Fees and Legitimacy


Visit 74.34% of retail CFD accounts lose money.	Visit 63.10% of retail CFD accounts lose money.
Overview
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.	Nextmarkets is a german broker founded in 2014 that specialises in commission free stocks and ETFs trading through their proprietary platform which offers an expert advisory service via live coaches that suggest their trading ideas.
Best For
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	New investors and traders looking to explore their social and copy trading offering via live coaches New investors and traders looking for a simple and friendly mobile app for commission-free investing in stocks or equities
Licenses
Financial Licenses Regulation Regulated Top-tier Licenses 1 Other Licenses 2 Provided by TheTradingBible.com Learn More	Financial Licenses Regulation Regulated Top-tier Licenses 0 Other Licenses 1 Provided by TheTradingBible.com Learn More
🏛 Financial Regulators
ASIC (Australia) CySec (Cyprus) FSA (St. Vincent and the Grenadines)	MFSA (Malta Financial Services Authority)
The Good
Competitive spreads From 0 pips MT4 and MT5 offered Over 10,000 + shares	Their “trading ideas” and “live coaches” offering is quite interesting and provides a lot of value for new traders Their proprietary platform is very simple and easy to use Their equities offering is completely commission-free
The Bad
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	Asides from stocks and ETFs, their asset offering lacks variety Their web platform is completely impractical to use for professional trading They don’t let you enjoy your demo trading experience in peace, there is a constant pop-up asking you to fund your account at all times
Status
Operational	Operational
Recent News
No fresh news at the moment. Check again soon!	No fresh news at the moment. Check again soon!
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
2005	2014
💳 Minimum Deposit Range
$100	0
💰 Payment Methods
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	Visa Mastercard Bank Transfer
💵 Account Base Currencies
10 - USD, GBP, EUR, AUD, CHF, JPY, HKD, CAD, SGD, NZD.	2 - EUR, GBP.
🗽 Available to U.S Citizens
No	No
❌ Restricted Countries
US, JP, BE, NZ, SY.	US, CA, SY, IR.
📊 STP Account
Yes	No
📊 DMA Account
Yes	Yes
📊 ECN Account
Yes	No
Banking License
No	No
Debit Card
No	No
Assets
📚 Assets Type
CFDs	Hybrid
Total Asset Offering
10,403	18,037
Exchange Access
0	0
📙 Real Stocks
0	8,000
📙 Stock CFDs
10,000	8,000
📘 Currency Pairs
0	0
📘 Currency Pair CFDs
63	22
📗 Commodities
0	0
📗 Commodities CFDs
15	5
📕 Indices
0	0
📕 Indices CFDs
17	5
📔 ETFs
0	1,000
📔 ETFs CFDs
295	1,000
💸 Cryptocurrencies
0	0
💸 Cryptocurrency CFDs
11	4
📒 Bonds
0	0
📒 Bonds CFDs
2	1
📓 Options
0	0
📓 Options CFDs
0	0
📗 Futures
0	0
📗 Futures CFDs
0	0
Trading Experience
📈 Minimum Stock Trade Size
Variable	1 Share
📉 Minimum ETFs Trade Size
Unavailable	1 ETF
📈 Minimum Crypto Trade Size
Unavailable	Varies per Cryptocurrency (eg: 0.1 BTC)
📉 Minimum FX Trade Size
$1,000 - (0.01 Lots)	$1,000 (0.01 Lots)
📈 Minimum Commodities Trade Size
Varies by Commodity (Eg: 0.01 Troy ounces of Gold)	Varies per commodity (eg: 1 contract of Gold - 1 ounce)
📉 Minimum Bonds Trade Size
Unavailable	Unavailable
📈 Minimum Futures Trade Size
Unavailable	Unavailable
📉 Minimum Options Trade Size
Unavailable	Unavailable
💪 Retail Leverage
30	30
💪 Professional Leverage
500	100
✍ Customisable Leverage
Yes	No
🎲 Deleveraged Trading
Yes	Yes
🎓 Demo Account
Yes	Yes
📱 IOS App
Yes	Yes
📱 Android App
Yes	Yes
📺 MetaTrader 4
Yes	Yes
📺 MetaTrader 5
Yes	No
📺 cTrader
No	No
💻 Web trader
Yes	Yes
💻 TradingView Platform
No	No
💻 Proprietary Platform
Yes	Yes
📊 Multi-chart Tools
Yes	No
👬 Copy Trading
Yes	Yes
👫 Social Trading
Yes	Yes
🔑 Guaranteed Stop-loss
No	No
🔨 Trailing Stop-loss
Yes	No
Fees
💰 Inactivity Fee
None	None
💰 Deposit Fees
None	None
💰 Withdrawal Fees
Yes, $5 for card withdrawals and $20 for international bank transfer withdrawals.	None
💰 Commissions
No commission on their Standard Account $3 per side (lot) commission on their RAW Account	None
Spreads
📈 EUR/USD
Dynamic - From 0 to 1.2 Pips	Dynamic - From 0.6 Pips
📉 SP500
Dynamic - From 40 to 60 Pips	Dynamic - From 50 Pips
📈 GOLD
Dynamic - From 0 to 31 Pips	Dynamic - From 40 Pips
📉 TSLA (Stock CFD)
Dynamic - Market Spread	Dynamic - From $2
📈 XLK (ETF - CFD)
Unavailable	Dynamic - From $0.1 to 0.3
📉 BTC
Dynamic - From $9 to $21	Dynamic - From $125
Research and Analysis
⭐ Watchlists
Yes	Yes
🔭 Stock Screener
No	No
🗓 Economic Calendar
Yes	No
📜 Integrated Newsfeed
No	No
📡 Reuters Feed
No	No
📡 Educational Content
Yes	Yes
📡 Live Chat Support
Yes	Yes
📡 Video Tutorials
Yes	Yes
📡 Account Management
Yes	No
📡 Webinars
Yes	Yes