Webull
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Vs.

FP Markets
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74.34% of retail CFD accounts lose money.

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

Updated Oct 20 2022

Visit

Your capital is at risk.

Visit

74.34% of retail CFD accounts lose money.

Overview

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.

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

2

Other Licenses

0

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
  • HKMA (Hong Kong)
  • FINRA (United States)
  • ASIC (Australia)
  • CySec (Cyprus)
  • FSA (St. Vincent and the Grenadines)
The Good
  • Trade any asset class from just $5
  • Easy-to-use investing app
  • Fully extended trading hours
  • Competitive spreads From 0 pips
  • MT4 and MT5 offered
  • Over 10,000 + shares
The Bad
  • No international clients at the moment
  • No joint accounts
  • 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
2017 2005
💳 Minimum Deposit Range
0 $100
💰 Payment Methods
  • Visa
  • Mastercard
  • Bank Transfer
  • Neteller
  • Skrill
  • 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
1 - USD. 10 - USD, GBP, EUR, AUD, CHF, JPY, HKD, CAD, SGD, NZD.
🗽 Available to U.S Citizens
Yes No
❌ Restricted Countries

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

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
Equities CFDs
Total Asset Offering
12,420 10,403
Exchange Access
5 0
📙 Real Stocks
10,000 0
📙 Stock CFDs
0 10,000
📘 Currency Pairs
0 0
📘 Currency Pair CFDs
0 63
📗 Commodities
0 0
📗 Commodities CFDs
0 15
📕 Indices
0 0
📕 Indices CFDs
0 17
📔 ETFs
2,400 0
📔 ETFs CFDs
0 295
💸 Cryptocurrencies
20 0
💸 Cryptocurrency CFDs
0 11
📒 Bonds
0 0
📒 Bonds CFDs
0 2
📓 Options
0 0
📓 Options CFDs
0 0
📗 Futures
0 0
📗 Futures CFDs
0 0
Trading Experience
📈 Minimum Stock Trade Size
$5 trade value Variable
📉 Minimum ETFs Trade Size
$5 trade value Unavailable
📈 Minimum Crypto Trade Size
Varies per cryptocurrency Unavailable
📉 Minimum FX Trade Size
Unavailable $1,000 - (0.01 Lots)
📈 Minimum Commodities Trade Size
Unavailable 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
4 30
💪 Professional Leverage
Unavailable 500
✍ Customisable Leverage
No Yes
🎲 Deleveraged Trading
Yes Yes
🎓 Demo Account
Yes Yes
📱 IOS App
Yes Yes
📱 Android App
Yes Yes
📺 MetaTrader 4
No Yes
📺 MetaTrader 5
No Yes
📺 cTrader
No No
💻 Web trader
No Yes
💻 TradingView Platform
No No
💻 Proprietary Platform
Yes Yes
📊 Multi-chart Tools
Yes Yes
👬 Copy Trading
No Yes
👫 Social Trading
No Yes
🔑 Guaranteed Stop-loss
Yes 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
Unavailable Dynamic - From 0 to 1.2 Pips
📉 SP500
Unavailable Dynamic - From 40 to 60 Pips
📈 GOLD
Unavailable Dynamic - From 0 to 31 Pips
📉 TSLA (Stock CFD)
Dynamic - Market spread Dynamic - Market Spread
📈 XLK (ETF - CFD)
Dynamic - Market spread Unavailable
📉 BTC
Unavailable Dynamic - From $9 to $21
Research and Analysis
⭐ Watchlists
Yes Yes
🔭 Stock Screener
Yes No
🗓 Economic Calendar
Yes Yes
📜 Integrated Newsfeed
Yes No
📡 Reuters Feed
No No
📡 Educational Content
No Yes
📡 Live Chat Support
Yes Yes
📡 Video Tutorials
No Yes
📡 Account Management
No Yes
📡 Webinars
No Yes