FP Markets vs Binary Mate, Who's Better?

Compare FP Markets vs Binary Mate

Each trading platforms feature some advantages and disadvantages, and any comprehensive analysis of FP Markets vs Binary Mate would not be complete without having a balanced approach.

Assess Binary Mate and FP Markets in order to understand just how they compare to each before you choose to make an account. Conducting a comparative analysis will put things in perspective to ensure that you remain aware of the expectations.

So you are looking for a reputable broker and are choosing between FP Markets or Binary Mate. Who should you choose?

This FP Markets vs Binary Mate comparison contains the latest information so you can easily compare Binary Mate against FP Markets.

If you are a new entrant in the world of trading and brokerages, so many details will be perplexing for you. Getting into the world of trading requires expert assessing skills and thorough knowledge. You'll acquire proficient at all the concepts of broker as you keep trading. For starters, you need to choose the ideal broker who'll be clear with you always.

Within this fast-paced world of stock markets and trading, you will need guidance to make correct decisions. A professionally direct investment plan has the potential to create hefty returns. FP Markets and Binary Mate are just two such companies which will take you along with your investment into great heights. It is important to compare FP Markets vs Binary Mate until you trust them with your cash.

Our FP Markets vs Binary Mate comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust FP Markets and Binary Mate side by side.

Our entire FP Markets vs Binary Mate Review covers all you will need to learn about trading with either FP Markets or Binary Mate. A fantastic broker can multiply your first investments and provide you favorable profits. If you would like to earn profits, you must trade with a brokerage service that aligns with your investing objectives.

There's absolutely no sure-fire method to guarantee profits; therefore, you should carefully analyze your broker before you select them. It's a frequent misconception that all brokers will be the same, but that is not true. Wrong judgment, initially, can set your investments in danger.

FP Markets and Binary Mate are both brokers which have found their way successfully to the brokerage world. Within this review, we've attempted to collate a number of the vital facets of both FP Markets and Binary Mate. This review can allow you to understand whether either Binary Mate or FP Markets is a fantastic match for your own investments or not. We've attempted to breakdown all the features and charges for your convenience.

Benefits of FP Markets and Binary Mate Compared

FP Markets offers a minimum deposit of $100 while Binary Mate offers a $1000 minimum deposit.

Why smaller minimum deposits are good and how FP Markets and Binary Mate compare

The main reason is that you should only deposit what you can afford. If you you have a lower budget, the broker that offers the lowest deposit option will be more attractive. The other reason is because when speculating on riskier but potentially more rewarding financial instruments you should look to speculate with only a small percentage of your allocated trading funds. Don't let a higher minimum deposit totally put you off a broker, look at the overall trading features you are getting from the trading platform. Often a high minimum deposit gives greater choice in the financial assets and trading platform research features.

FP Markets allows you to trade around 100 financial instruments whilst Binary Mate allows you to trade around 100 financial instruments on their platform.

The more instruments you can trade on the FP Markets and Binary Mate platforms the better. It is good to have a diverse portfolio and the options available to a user will always vary. Trading is all about grasping potential opportunities and you seriously do not want to miss out on a trading opportunity due to the limitations of FP Markets or Binary Mate.

FP Markets and Binary Mate Contact Details

Being able to contact a broker easily is a sign of a professional broker. FP Markets and Binary Mate have the following contact details and social medias that you can use.

Binary Mate and FP Markets Mobile App Comparison

As more and more traders and investors use their smartphones for trading, it is increasingly important that brokers offer easy-to-use apps that can deliver the same services as desktop platforms.

This part of comparing FP Markets and Binary Mate will examine whether their mobile app meets all our requirements.

Overall, we rate the user-friendliness of the apps as Better than the average.

It is crucial that trading apps have user-friendly capabilities, especially for those who use it with their smartphones.

Search Functions

While most brokers are good at this, there are some poor ones. For example, if you start typing 'Emerging markets', will the software find all the Emerging markets ETFs for you, even if their name doesn't start with 'emerging'? If you have only traded US stocks, and you start typing 'Apple', will the software show you either the obscure Irish stock Applegreen or the Apple stock?

FP Markets vs Binary Mate - Awards

FP Markets vs Binary Mate - Frequently Asked Questions

FP Markets vs Binary Mate - Headquarters And Year Of Founding

FP Markets was founded in 2005 and has its head office in Australia.

Binary Mate was founded in 2013 and has its head office in Malaysia.

What is the minimum deposit for Binary Mate or FP Markets

The minimum deposit for FP Markets is $100.

The minimum deposit for Binary Mate is $1000.

Depending on your needs, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both FP Markets and Binary Mate are a good choice.

FP Markets vs Binary Mate - Regulation And Licencing In More Detail

FP Markets is regulated by Australian Securities and Investment Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC).

Binary Mate is regulated by Cyprus Securities and Exchange Commission (CySEC).

Both FP Markets and Binary Mate have a strong collection of rules for ensuring honest trading on their individual platforms. For information encryption functions, they supply industry-standard secure socket layers (SSL).

As per their privacy regulations, client data is never to be shared with any other institutions or individuals. Including credit history and other financial details.

Compare FP Markets vs Binary Mate Commission And Fees

FP Markets and Binary Mate are online brokerage platforms, and many online brokerages charge lower prices than traditional brokerages tend to charge. The cause of this is that the businesses of online brokerages are scaled better. That is, an internet broker isn't necessarily influenced by the number of clients they have.

But this does not necessarily mean that online brokers don't charge any fees. They charge prices of varying rates for various services to earn money. There are mainly three different types of fees for this purpose.

The first kind of charges to look out for are trading charges. Whenever you make a genuine trade, like purchasing a stock or an ETF, you are charged trading charges. In such cases, you're paying a spread, funding rate, or a commission. The sorts of trading charges and the prices differ from broker to broker.

Commissions can be fixed or determined by the traded quantity. On the other hand, a spread denotes the gap between the buying and selling price. Financing or overnight prices are those who are charged when you hold a leveraged position for longer than a day.

Aside from trading charges, online agents also charge non-trading fees. These are determined by the activities you undertake on your account. They are charged for surgeries like depositing cash, not investing for long periods, or withdrawals.

Generally, neither FP Markets or Binary Mate charge high fees in comparison to other online brokers. For operations other agents charge for, they do not charge a broker fee, or they charge a lesser amount. This is beneficial for those who regularly exchange, for example daily or weekly trading.

However, non-trading fees charged by FP Markets and Binary Mate are comparatively greater. Consequently, you are billed more for non-trading actions in your trading accounts, such as deposits and withdrawal. These are not about the sale and purchase of resources.

This FP Markets vs Binary Mate review for 2025 breaks down each of the relevant non-trading charges for you in detail.

Compare Broker Fees For FP Markets And Binary Mate

What Languages Do FP Markets And Binary Mate Support?

Being able to chat easily with your trading platform is a key way of comparing brokers to find your perfect trading partner. Not only for support but to be sure you understand everything on their website and inside their application as it is a key factor to success when trading online.

Here you will find the languages that both FP Markets and Binary Mate offer communication in.

How Many Clients Do FP Markets and Binary Mate Have?

Both FP Markets and Binary Mate are well established with their client base. It is important to work with a broker that is reputable and one of the most simple ways of establishing this is by knowing how many customers are using their services.

Below you will find details of how many users FP Markets and Binary Mate have

What Payment Methods Do FP Markets and Binary Mate Accept?

FP Markets and Binary Mate both offer a wide range of payment options which is vital when you have a global customer base.

Below you will find details of all the payment options available at FP Markets and Binary Mate

What Can You Trade With FP Markets and Binary Mate?

FP Markets offers 100 trading instruments and Binary Mate offers 54.

Below you will find a full breakdown of what both FP Markets and Binary Mate offer.