FP Markets Alternatives: Pros, Cons, And How It Compares for 2024
This alternatives to FP Markets guide has been updated for 2024 by industry experts with years of financial experience in Forex, CFDs, & Social Trading. We have worked to gather hundreds of data points about the alternatives to FP Markets to make sure you have as much information as possible to make an informed decision.
There are a lot of good alternatives to FP Markets like Startrader, freetrade, and easyMarkets. They all provide the same, if not more, features to their clients. If you feel that FP Markets is not quite right for you then it would be worth getting a demo account with a few of the top FP Markets alternatives and check if they are a better fit for you before moving any money around.
The most in depth guide to FP Markets alternatives on the internet
There's a lot of reasons FP Markets may not be a good fit for you. Whatever reason you are looking for the best FP Markets alternative or FP Markets competitor with similar services, we try to give you as much helpful information so you can make an informed decision. Below you can discover the most popular FP Markets alternatives.
For each of our alternative to FP Markets, we also highlight the key differences to FP Markets and for each platform feature show you the best competitors. For every FP Markets alternative online trading platform listed we also have detailed broker reviews and guides that you can easily click to read elsewhere on comparebrokers.org, all based on hundreds of datapoints collected and reviewed by experts. If you are unhappy with FP Markets, we can show you some great alternative brokersbrokers|online trading platforms|brokerages.
Having a professional and dependable broker is crucial to your trading success. All of the FP Markets alternative brokers shown in this FP Markets alternatives guide have good reputations and fit what you are looking for.
Alternatives With Lower Minimum Deposit
FP Markets has a minimum desposit of $100, you should see how the minimum deposit requirements of FP Markets compare with the minimum deposits of FP Markets competitors. Trading platforms often offer lower minimum deposits to get users to test them out, but having higher a minimum deposit requirement isn’t necessarily a bad thing, it all depends on your personal trading needs.
| Broker | Minimum Deposit | Find Out More |
|---|---|---|
|
FP Markets |
$100 | |
| freetrade |
$0 | |
| easyMarkets |
$100 | |
| Uphold |
$1 | |
| ThinkMarkets |
$0 |
Alternatives Offering Demo Accounts
FP Markets offers demo accounts so you can test your trading strategies before risking any real capital. Newbie traders can open a demo account in order to become better acquainted with the areas of Forex trading and test out some of the company’s features before getting a live account.
Below we show some of the best alternatives to FP Markets that offer virtual portfolio accounts.
| Broker | Offers Demo Account? | Find Out More |
|---|---|---|
|
FP Markets |
Yes | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
Yes |
|
Alternatives Offering Negative Balance Protection
FP Markets offers negative balance protection. It's specially offered while the market volatility prevents customers from allowing their account go in the red. In a situation like this, FP Markets offers the ability to reset a customers account balance to zero.
You are able to go through the critical terms and conditions on FP Markets's website to understand their policies better.
Below we list some of the best alternatives to FP Markets that offer negative balance protection.
| Broker | Offers Negative Balance Protection? | Find Out More |
|---|---|---|
|
FP Markets |
Yes | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| Uphold |
Yes |
Alternatives Offering Guaranteed Stop Loss
FP Markets regrettably, does not provide guaranteed stop loss. FP Markets provides an opportunity to its traders to close their trades at their given price. Apart from this, FP Markets doesn't provide guaranteed stop loss.
Below we detail some of the best FP Markets alternatives that have guaranteed stop loss available for their users.
| Broker | Offers Guaranteed Stop Loss? | Find Out More |
|---|---|---|
|
FP Markets |
No | |
| easyMarkets |
Yes | |
| Uphold |
Yes | |
| instaforex |
Yes | |
| FreshForex |
Yes |
Alternatives Offering Scalping
FP Markets do permit scalping. Many traders throughout the world select FP Markets due to their scalping services. They offer trading on MT4, MT5, IRESS, Mac, Web Trader, Tablet & Mobile apps which allow this.
Below we detail some of the top alternatives to FP Markets that offer scalping functionality to their clients.
| Broker | Offers Scalping? | Find Out More |
|---|---|---|
|
FP Markets |
Yes | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
No |
|
Alternatives That Allow Hedging
FP Markets do allow hedging. Many traders around the world select FP Markets for their hedging services. They offer trading on MT4, MT5, IRESS, Mac, Web Trader, Tablet & Mobile apps.
Below we detail some of the top alternatives to FP Markets that allow hedging services to their user base.
| Broker | Offers Hedging? | Find Out More |
|---|---|---|
|
FP Markets |
Yes | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
No |
|
Alternatives That Allow Social Trading
To build a strong community of traders and investors, and to encourage successful traders to share their wisdom, FP Markets offers social trading which encompasses leading traders sharing their knowledge with the community. What stocks they are monitoring, what to buy, what to sell. Intermediate traders can then absorb this expert knowledge and create their own trades. It is a more independent version of copy trading.
Below we detail some of the best alternatives to FP Markets that has social trading capabilities.
| Broker | Offers Social Trading? | Find Out More |
|---|---|---|
|
FP Markets |
Yes | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
No |
|
Alternatives That Allow Copy Trading
To build a strong community of traders and investors, and to encourage successful traders to share their wisdom, FP Markets offers copy trading which gives access to leading traders sharing their knowledge with the community. What stocks they are monitoring, what to buy, what to sell. Intermediate traders can then absorb this expert knowledge and create their own trades. This is calculated social trading..
Below we show some of the top FP Markets alternatives that has copy trading to their clients
| Broker | Offers Copy Trading? | Find Out More |
|---|---|---|
|
FP Markets |
Yes | |
| Startrader |
Yes | |
| freetrade |
Yes | |
| easyMarkets |
Yes | |
| PUPRIME |
No |
|
Compare FP Markets To All Other Brokers