FP Markets
Visit

75.31% of retail CFD accounts lose money.

Vs.

Swissquote
Visit

79% of retail CFD accounts lose money.

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

Updated May 23 2022

Visit

75.31% of retail CFD accounts lose money.

Visit

79% 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.

Swissquote is a global broker and investment bank headquartered in Switzerland that offers traditional securities and CFD trading along with advanced research tools.

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
  • Traditional equity investors looking for a broad range of markets
  • Experienced traders looking to benefit from their amazing research tools
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

4

Other Licenses

1

Provided by
TheTradingBible.com

Learn More
🏛 Financial Regulators
  • ASIC (Australia)
  • CySec (Cyprus)
  • FSA (St. Vincent and the Grenadines)
  • FCA (UK)
  • ADGM (United Arab Emirates)
  • FINMA (Switzerland)
  • MFSA (Malta)
  • HKMA (Hong Kong)
The Good
  • Customisable or removable leverage
  • Broad asset offering (10,000 +)
  • Competitive forex commissions
  • Outstanding asset offering with more than 60 exchanges across the world
  • Amazing research and analysis tools for all trader levels
  • Thematic investments with preconfigured product baskets
  • Offers banking services along with debit card
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
  • Their proprietary platform lacks many features and is not user friendly
  • Their commissions are extremely high
  • Overall everything feels complicated to use
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
2005 1996
💳 Minimum Deposit
$100

Varies per account type and selected trading platform. From $0 up to $5,000.

💰 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. 21 - AED, AUD, CAD, EUR, DKK USD, GBP, HKD, HUF, ILS, CHF, JPY, PLN, NOK, SGD, MXN, NZD, SEK, TRY, THB, ZAR
🗽 Available to U.S Citizens
No No
❌ Restricted Countries
US, JP, BE, NZ, SY. US, JP, SY, IR.
📊 STP Account
Yes Yes
📊 DMA Account
Yes Yes
📊 ECN Account
Yes Yes
Assets
📚 Available Assets

CFDs on stocks, currencies, commodities, cryptocurrencies and indices

  • Real stocks, ETFs and options
  • CFDs on currencies, commodities, stocks, indices, ETFs, cryptocurrencies and bonds
📙 Stocks
10,000 + 60 Stock Exchanges
📘 Currency Pairs
63 80+
📗 Commodities
15 12 CFDs
📕 Indices
17 26 CFDs
📔 ETFs
295 1400 +
💸 Cryptocurrencies
11 12 CFDs
📒 Bonds
2 54,000 + / 3 CFDs
📓 Options
N/A 6 Exchanges
📗 Futures
N/A 6 Exchanges
📝 Notes:
All FPMarkets assets are CFDs. N/A
Trading Experience
📈 Minimum Stock Trade Size
Varies by Stock From $50
📉 Minimum ETFs Trade Size
N/A From $50
📈 Minimum Crypto Trade Size
Varies by Cryptocurrency (Eg: 0.01 BTC) $1,000 (0.01 Lots)
📉 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) From $50
📉 Minimum Bonds Trade Size
N/A From $50
📈 Minimum Futures Trade Size
N/A From $50
📉 Minimum Options Trade Size
N/A From $50
💪 Retail Leverage
Up to 1:30 Up to 1:30
💪 Professional Leverage
Up to 1:500 Up to 1:500
✍ 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 Yes
💻 Web trader
Yes Yes
💻 TradingView Platform
No Yes
💻 Proprietary Platform
Yes Yes
📊 Multi-chart Tools
Yes Yes
👬 Copy Trading
Yes No
👫 Social Trading
Yes No
🔑 Guaranteed Stop-loss
No No
🔨 Trailing Stop-loss
Yes Yes
Fees
💰 Inactivity Fee
No No
💰 Deposit Fees
Yes depending on method (Eg: Not for credit cards) No
💰 Withdrawal Fees
Yes depending on method (Eg: Not for credit cards) $10 per withdrawal
💰 Commissions

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.

For CFDs there are no commissions as the spreads are the cost. For other assets from $9 up to $210 based on transaction volume and depending on the exchange.

Spreads
📈 EUR/USD
Dynamic - From 0 to 1.2 Pips From 0 Pips to 1.3 Pips
📉 SP500
Dynamic - From 40 to 60 Pips Dynamic - From 60 Pips
📈 GOLD
Dynamic - From 0 to 31 Pips N/A
📉 TSLA (Stock CFD)
Dynamic - Market Spread N/A
📈 XLK (ETF - CFD)
N/A Dynamic - Market Spread
📉 BTC
Dynamic - From $9 to $21 N/A
Research and Analysis
⭐ Watchlists
Yes Yes
🔭 Stock Screener
No Yes
🗓 Economic Calendar
Yes Yes
📜 Integrated Newsfeed
No Yes
📡 Reuters Feed
No Yes

By using TheTradingBible.com's website you agree to the use of cookies.