FP Markets
Visit

74.34% of retail CFD accounts lose money.

Vs.

Webull
Visit

Your capital is at risk.

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

Updated Apr 29 2024

Visit

74.34% of retail CFD accounts lose money.

Visit

Your capital is at risk.

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.

Webull is a US-based broker that offers both real and leveraged products including Stocks, Crypto, Options, ETFs, and ADRs with zero commissions and no deposit minimums.

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
  • Novices who want to enter the world of investing
  • Intermediate and advanced options traders
  • Professional day traders and portfolio managers 
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

2

Other Licenses

0

Provided by
TheTradingBible.com

Learn More
🏛 Financial Regulators
  • ASIC (Australia)
  • CySec (Cyprus)
  • FSA (St. Vincent and the Grenadines)
  • HKMA (Hong Kong)
  • FINRA (United States)
The Good
  • Competitive spreads From 0 pips
  • MT4 and MT5 offered
  • Over 10,000 + shares
  • Trade any asset class from just $5
  • Easy-to-use investing app
  • Fully extended trading hours
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
  • No international clients at the moment
  • No joint accounts
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 2017
💳 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
  • Neteller
  • Skrill
💵 Account Base Currencies
10 - USD, GBP, EUR, AUD, CHF, JPY, HKD, CAD, SGD, NZD. 1 - USD.
🗽 Available to U.S Citizens
No Yes
❌ Restricted Countries

US, JP, BE, NZ, SY.

European Union, UK, CA, JP, IN, IR, MY, ZA, AU.

📊 STP Account
Yes No
📊 DMA Account
Yes Yes
📊 ECN Account
Yes No
Banking License
No No
Debit Card
No No
Assets
📚 Assets Type
CFDs Equities
Total Asset Offering
10,403 12,420
Exchange Access
0 5
📙 Real Stocks
0 10,000
📙 Stock CFDs
10,000 0
📘 Currency Pairs
0 0
📘 Currency Pair CFDs
63 0
📗 Commodities
0 0
📗 Commodities CFDs
15 0
📕 Indices
0 0
📕 Indices CFDs
17 0
📔 ETFs
0 2,400
📔 ETFs CFDs
295 0
💸 Cryptocurrencies
0 20
💸 Cryptocurrency CFDs
11 0
📒 Bonds
0 0
📒 Bonds CFDs
2 0
📓 Options
0 0
📓 Options CFDs
0 0
📗 Futures
0 0
📗 Futures CFDs
0 0
Trading Experience
📈 Minimum Stock Trade Size
Variable $5 trade value
📉 Minimum ETFs Trade Size
Unavailable $5 trade value
📈 Minimum Crypto Trade Size
Unavailable Varies per cryptocurrency
📉 Minimum FX Trade Size
$1,000 - (0.01 Lots) Unavailable
📈 Minimum Commodities Trade Size
Varies by Commodity (Eg: 0.01 Troy ounces of Gold) Unavailable
📉 Minimum Bonds Trade Size
Unavailable Unavailable
📈 Minimum Futures Trade Size
Unavailable Unavailable
📉 Minimum Options Trade Size
Unavailable Unavailable
💪 Retail Leverage
30 4
💪 Professional Leverage
500 Unavailable
✍ Customisable Leverage
Yes No
🎲 Deleveraged Trading
Yes Yes
🎓 Demo Account
Yes Yes
📱 IOS App
Yes Yes
📱 Android App
Yes Yes
📺 MetaTrader 4
Yes No
📺 MetaTrader 5
Yes No
📺 cTrader
No No
💻 Web trader
Yes No
💻 TradingView Platform
No No
💻 Proprietary Platform
Yes Yes
📊 Multi-chart Tools
Yes Yes
👬 Copy Trading
Yes No
👫 Social Trading
Yes No
🔑 Guaranteed Stop-loss
No Yes
🔨 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 Unavailable
📉 SP500
Dynamic - From 40 to 60 Pips Unavailable
📈 GOLD
Dynamic - From 0 to 31 Pips Unavailable
📉 TSLA (Stock CFD)
Dynamic - Market Spread Dynamic - Market spread
📈 XLK (ETF - CFD)
Unavailable Dynamic - Market spread
📉 BTC
Dynamic - From $9 to $21 Unavailable
Research and Analysis
⭐ Watchlists
Yes Yes
🔭 Stock Screener
No Yes
🗓 Economic Calendar
Yes Yes
📜 Integrated Newsfeed
No Yes
📡 Reuters Feed
No No
📡 Educational Content
Yes No
📡 Live Chat Support
Yes Yes
📡 Video Tutorials
Yes No
📡 Account Management
Yes No
📡 Webinars
Yes No