Updated May 13 2022
Overview | |
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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 | |
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Licenses | |
![]() Financial Regulation Regulated Top-tier Licenses 0 Other Licenses 1 Provided by |
![]() Financial Regulation Regulated Top-tier Licenses 1 Other Licenses 2 Provided by |
🏛 Financial Regulators | |
The Good | |
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The Bad | |
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Status | |
Operational | Operational |
Recent News | |
N/A | N/A |
Key Data | |
⌛ Account Opening Time | |
1 Day | 1 Day |
📋 Documents Required | |
All documents must be under the account holder's name. |
All documents must be under the account holder's name. |
📍 Year Founded | |
2014 | 2005 |
💳 Minimum Deposit | |
0 | $100 |
💰 Payment Methods | |
💵 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 | Assets |
📚 Available Assets | |
📙 Stocks | |
8,000+ | 10,000 + |
📘 Currency Pairs | |
22 | 63 |
📗 Commodities | |
5 | 15 |
📕 Indices | |
5 | 17 |
📔 ETFs | |
1,000+ | 295 |
💸 Cryptocurrencies | |
4 | 11 |
📒 Bonds | |
1 | 2 |
📓 Options | |
N/A | N/A |
📗 Futures | |
N/A | N/A |
📝 Notes: | |
Nextmarkets provides both CFDs and real stocks or ETFs. |
All FPMarkets assets are CFDs. | Trading Experience |
📈 Minimum Stock Trade Size | |
1 Share | Varies by Stock |
📉 Minimum ETFs Trade Size | |
1 ETF | N/A |
📈 Minimum Crypto Trade Size | |
Varies per Cryptocurrency (eg: 0.1 BTC with leverage 1:2) | Varies by Cryptocurrency (Eg: 0.01 BTC) |
📉 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 trojan ounce) | 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 | |
Up to 1:30 | Up to 1:30 |
💪 Professional Leverage | |
Up to 1:100 | Up to 1:500 |
✍ 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 |
💻 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 | |
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 | |
No | Commissions vary as follows:
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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 | N/A |
📉 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 |