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Forex Broker Inc vs FP Markets
Both forex brokers have built a positive reputation, and feedback from our members supports that.
That said, Forex Broker Inc currently holds a lower overall rating (4) compared to FP Markets (4.6).
Both brokers have the same minimum deposit of 100.0.
Both platforms offer their clients demo accounts, mobile trading, scalping, MAM/PAMM.
Traders should note that
Forex Broker Inc offers a minimum lot size of 0.001 and a maximum lot size of 20.0, while FP Markets offers 0.01 and 50.0.
Each broker offers an equal maximum leverage of 1:500.
If youre unsure which of these two brokers to choose, you can always explore our full list of recommended brokers here or ask for opinions from other members in Myfxbook Community.
If youre unsure which of these two brokers to choose, you can always explore our full list of recommended brokers here or ask for opinions from other members in Myfxbook Community.
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Overall Rating:
Platform:
Pricing:
Customer service:
Features:
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| Minimum deposit ($) | 100.0 | 100.0 |
| Commission | 1.0 | 0.0 |
| Accepting US clients? | ||
| Swap free accounts | ||
| Segregated accounts | ||
| Interest on margin | ||
| Managed accounts | ||
| Accounts for money managers (MAM, PAMM) | ||
| One click trading | ||
| API | ||
| OCO orders | ||
| Trading over the phone | ||
| Hedging allowed | ||
| Trailing stops | ||
| Mobile trading | ||
| Scalping allowed | ||
| Bonuses | ||
| Demo Accounts | ||
| Web based trading | ||
| Contests | ||
| Decimals | 5 | 5 |
| Minimum lot size | 0.001 | 0.01 |
| Maximum lot size | 20.0 | 50.0 |
| Spread | Variable | Variable |
| Broker type | STP, ECN | STP, ECN, Market Maker, DMA |
| Maximal leverage (1:?) | 500 | 500 |
| Availability | STP, ECN | STP, ECN, Market Maker, DMA |
| Regulation | No Regulation | CySEC (Cyprus), ASIC (Australia), FSCA (South Africa), CMA (Kenya) |
| Trading Platforms | MetaTrader 4 (MT4), Web Platform, Mobile Platform | MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader, Web Platform, Mobile Platform, IRESS, TradingView |
| Funding/Withdrawal methods | Wire Transfer, Credit Card, Debit Card, Neteller | Wire Transfer, Credit Card, Debit Card, Paypal, Perfect Money, Neteller, UnionPay, Skrill, FasaPay, BPay, Klarna, POLi, Broker to Broker, Sticpay, PayRetailers, Rapyd, Apple Pay, Google Pay, LetKnowPay |
| Account Currency | USD, EUR, JPY | USD, GBP, EUR, CHF, JPY, NZD, CAD, PLN, SGD, HKD, THB, AUD |
| Languages | English, Russian | Spanish, French, Portuguese, Greek, Russian, Mandarin, Indonesian, Malay, Thai, Arabic, Vietnamese, Korean, Turkish |
| Country | Marshall Islands | Australia |
| Trading platform(s) timezone | Malta | Australia |
| Other trading instruments | Indices, Commodities, Energies, CFDs | Stocks, Futures, Indices, Commodities, Energies, Cryptocurrency, Precious Metals, Bonds, ETFs |
| spreads | ||
| EUR/USD | - | - |
| GBP/USD | - | - |
| USD/JPY | - | - |
| USD/CAD | - | - |
| XAU/USD | - | - |
