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


Visit 63.10% of retail CFD accounts lose money.	Visit 74.34% of retail CFD accounts lose money.
Overview
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.	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
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	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 Regulated Top-tier Licenses 0 Other Licenses 1 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
MFSA (Malta Financial Services Authority)	ASIC (Australia) CySec (Cyprus) FSA (St. Vincent and the Grenadines)
The Good
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	Competitive spreads From 0 pips MT4 and MT5 offered Over 10,000 + shares
The Bad
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	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
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
2014	2005
💳 Minimum Deposit Range
0	$100
💰 Payment Methods
Visa Mastercard Bank Transfer	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
2 - EUR, GBP.	10 - USD, GBP, EUR, AUD, CHF, JPY, HKD, CAD, SGD, NZD.
🗽 Available to U.S Citizens
No	No
❌ Restricted Countries
US, CA, SY, IR.	US, JP, BE, NZ, SY.
📊 STP Account
No	Yes
📊 DMA Account
Yes	Yes
📊 ECN Account
No	Yes
Banking License
No	No
Debit Card
No	No
Assets
📚 Assets Type
Hybrid	CFDs
Total Asset Offering
18,037	10,403
Exchange Access
0	0
📙 Real Stocks
8,000	0
📙 Stock CFDs
8,000	10,000
📘 Currency Pairs
0	0
📘 Currency Pair CFDs
22	63
📗 Commodities
0	0
📗 Commodities CFDs
5	15
📕 Indices
0	0
📕 Indices CFDs
5	17
📔 ETFs
1,000	0
📔 ETFs CFDs
1,000	295
💸 Cryptocurrencies
0	0
💸 Cryptocurrency CFDs
4	11
📒 Bonds
0	0
📒 Bonds CFDs
1	2
📓 Options
0	0
📓 Options CFDs
0	0
📗 Futures
0	0
📗 Futures CFDs
0	0
Trading Experience
📈 Minimum Stock Trade Size
1 Share	Variable
📉 Minimum ETFs Trade Size
1 ETF	Unavailable
📈 Minimum Crypto Trade Size
Varies per Cryptocurrency (eg: 0.1 BTC)	Unavailable
📉 Minimum FX Trade Size
$1,000 (0.01 Lots)	$1,000 - (0.01 Lots)
📈 Minimum Commodities Trade Size
Varies per commodity (eg: 1 contract of Gold - 1 ounce)	Varies by Commodity (Eg: 0.01 Troy ounces of Gold)
📉 Minimum Bonds Trade Size
Unavailable	Unavailable
📈 Minimum Futures Trade Size
Unavailable	Unavailable
📉 Minimum Options Trade Size
Unavailable	Unavailable
💪 Retail Leverage
30	30
💪 Professional Leverage
100	500
✍ Customisable Leverage
No	Yes
🎲 Deleveraged Trading
Yes	Yes
🎓 Demo Account
Yes	Yes
📱 IOS App
Yes	Yes
📱 Android App
Yes	Yes
📺 MetaTrader 4
Yes	Yes
📺 MetaTrader 5
No	Yes
📺 cTrader
No	No
💻 Web trader
Yes	Yes
💻 TradingView Platform
No	No
💻 Proprietary Platform
Yes	Yes
📊 Multi-chart Tools
No	Yes
👬 Copy Trading
Yes	Yes
👫 Social Trading
Yes	Yes
🔑 Guaranteed Stop-loss
No	No
🔨 Trailing Stop-loss
No	Yes
Fees
💰 Inactivity Fee
None	None
💰 Deposit Fees
None	None
💰 Withdrawal Fees
None	Yes, $5 for card withdrawals and $20 for international bank transfer withdrawals.
💰 Commissions
None	No commission on their Standard Account $3 per side (lot) commission on their RAW Account
Spreads
📈 EUR/USD
Dynamic - From 0.6 Pips	Dynamic - From 0 to 1.2 Pips
📉 SP500
Dynamic - From 50 Pips	Dynamic - From 40 to 60 Pips
📈 GOLD
Dynamic - From 40 Pips	Dynamic - From 0 to 31 Pips
📉 TSLA (Stock CFD)
Dynamic - From $2	Dynamic - Market Spread
📈 XLK (ETF - CFD)
Dynamic - From $0.1 to 0.3	Unavailable
📉 BTC
Dynamic - From $125	Dynamic - From $9 to $21
Research and Analysis
⭐ Watchlists
Yes	Yes
🔭 Stock Screener
No	No
🗓 Economic Calendar
No	Yes
📜 Integrated Newsfeed
No	No
📡 Reuters Feed
No	No
📡 Educational Content
Yes	Yes
📡 Live Chat Support
Yes	Yes
📡 Video Tutorials
Yes	Yes
📡 Account Management
No	Yes
📡 Webinars
Yes	Yes