FP Markets vs Blitzbrokers, 2024 Update
FP Markets Rating
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Blitzbrokers Rating
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Losses can exceed deposits |
Your capital is at risk |
FP Markets vs Blitzbrokers Guide |
Read our In-Depth FP Markets vs Blitzbrokers Review - Updated for 2024
Our comprehensive analysis of FP Markets and Blitzbrokers has been updated to reflect any changes for 2024 from seasoned professionals with extensive financial experience across Forex, CFDs, & Social Trading.
Please note that due to regulations for each broker, the content in this comparison of FP Markets vs Blitzbrokers does not apply to all countries as follows:
FP Markets Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Blitzbrokers Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare FP Markets vs Blitzbrokers
Each trading platforms has a few ups and downs, and a complete review of FP Markets and Blitzbrokers should not be complete without adopting an objective perspective.
Examine Blitzbrokers and FP Markets in order to understand the way they line up against one another before you make an account. A comprehensive comparison can bring aspects 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 Blitzbrokers. Which one is best in 2024?
Our FP Markets vs Blitzbrokers comparison contains the latest information so you can easily compare Blitzbrokers against FP Markets.
If you are a new entrant in the realm of trading and brokerages, so many facts will be confusing for you. Getting into the area of trading demands expert analyzing skills and thorough understanding. You'll acquire adept at all of the concepts of brokerage as you keep trading. For starters, you have to choose the right agent who'll be transparent with you always.
In this fast-paced world of stock markets and trading, you will need advice to make correct decisions. A professionally direct investment plan has the potential to generate hefty returns. FP Markets and Blitzbrokers are two such trading platforms which will take you and your investment to great heights. It's important that you compare FP Markets vs Blitzbrokers before you trust them with your money.
Our FP Markets vs Blitzbrokers comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust FP Markets and Blitzbrokers side by side.
Our full FP Markets vs Blitzbrokers Review covers all you need to know about trading using either FP Markets or Blitzbrokers. A fantastic broker can multiply your initial investments and give you favorable profits. If you want to make profits, you should trade with a brokerage service that contrasts with your investment goals.
There is no sure-fire way to guarantee profits; thus, you should carefully assess your agent before you select them. It's a common misconception that all brokers are exactly the same, but that's not correct. Wrong judgment, initially, can put your investments at risk.
FP Markets and Blitzbrokers are both brokers which have paved their way successfully to the brokerage world. In this review, we have tried to collate a number of the important aspects of both FP Markets and Blitzbrokers. This review can allow you to understand whether either Blitzbrokers or FP Markets is a good fit for your own investments or not. We've tried to breakdown all the features and fees for your convenience.
Benefits of FP Markets and Blitzbrokers Compared
FP Markets offers a minimum deposit of $100 while Blitzbrokers has a $1 minimum deposit.
Why smaller minimum deposits are good and how FP Markets and Blitzbrokers 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 has around 100 financial instruments whilst Blitzbrokers allows you to trade around 100 available.
The more financial instruments you can trade on the FP Markets and Blitzbrokers trading 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 Blitzbrokers.
FP Markets and Blitzbrokers Contact Details
Being able to contact a broker easily is a sign of a professional broker. FP Markets and Blitzbrokers have the following contact details and social medias that you can use.
Broker | FP Markets | Blitzbrokers |
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Telephone Number | +44 28 2544 7780 | |
supportteam@fpmarkets.com | ||
Address | First Floor, First St. Vincent Bank Ltd Building, James Street, Kingstown, St. Vincent and the Grenadines | |
FP Markets Twitter Account | Blitzbrokers Twitter Account | |
FP Markets Facebook Page | Blitzbrokers Facebook Page | |
FP Markets Instagram Account | Blitzbrokers Instagram Account | |
FP Markets LinkedIn Page | Blitzbrokers LinkedIn Page | |
YouTube | FP Markets YouTube Channel | Blitzbrokers YouTube Channel |
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Blitzbrokers and FP Markets Mobile App Comparison
It is becoming increasingly important for brokers to offer simple-to-use apps that provide the same services as desktop platforms.
This part of comparing FP Markets and Blitzbrokers will examine whether their mobile app meets all our requirements.
Overall, we rate the user-friendliness of the apps as better than 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 Blitzbrokers - Awards
Broker | FP Markets | Blitzbrokers |
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Awards |
FP Markets have won several industry awards over the time they have been operating as a financial broker. We detail the most notable awards for FP Markets below.
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At the time of writing this Blitzbrokers review, and despite Blitzbrokers’s impressive offering, the company has surprisingly not garnered any awards to date. |
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FP Markets vs Blitzbrokers - Frequently Asked Questions
FP Markets vs Blitzbrokers - Headquarters And Year Of Founding
FP Markets was founded in 2005 and has its head office in Australia.
Blitzbrokers was founded in 1982 and has its head office in Hong Kong.
What is the minimum deposit for Blitzbrokers or FP Markets
The minimum deposit for FP Markets is $100.
The minimum deposit for Blitzbrokers is $1.
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 Blitzbrokers are a good choice.
FP Markets vs Blitzbrokers - Regulation And Licencing In More Detail
FP Markets is regulated by Australian Securities and Investment Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC).
Blitzbrokers is regulated by Securities and Futures Commission (SFC).
Both FP Markets and Blitzbrokers have a powerful set of rules for ensuring honest trading onto their individual platforms. For information encryption functions, they supply industry-standard secure socket layers (SSL).
As per their individual privacy regulations, customer information is to not be shared with any other institutions or individuals. Including credit history and other financial information.
Compare FP Markets vs Blitzbrokers Commission And Fees
FP Markets and Blitzbrokers are online broker platforms, and many online brokerages charge lower prices than traditional brokerages tend to bill. The reason for this is that the businesses of online brokerages are scaled much better. That is, an online broker is not necessarily affected by the number of clients they have.
However, this does not necessarily mean that online brokers don't charge any fees. They charge fees of varying rates for a variety of services to earn money. There are primarily three types of penalties for this purpose.
The first kind of charges to look out for are trading fees. Whenever you make an actual trade, like buying a stock or an ETF, you are billed trading charges. In these instances, you're paying a spread, financing speed, or even a commission. The sorts of trading charges and the prices vary from broker to broker.
Commissions can be fixed or determined by the traded volume. On the other hand, a spread denotes the gap between the buying and selling cost. Funding or overnight prices are those that are billed when you maintain a leveraged position for more than daily.
Aside from trading fees, online brokers also bill non-trading fees. These are determined by the activities you undertake in your accounts. They are charged for operations like depositing cash, not investing for lengthy periods, or withdrawals.
Generally, neither FP Markets or Blitzbrokers 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 can be beneficial for those who often exchange, such as daily or weekly trading.
But, non-trading fees billed by FP Markets and Blitzbrokers are relatively higher. Consequently, you're charged more for non-trading actions on your trading account, such as deposits and withdrawal. These are not about the purchase and sale of assets.
This FP Markets vs Blitzbrokers review for 2024 breaks down each of the applicable non-trading charges for you in detail.
Compare Broker Fees For FP Markets And Blitzbrokers
Broker | FP Markets | Blitzbrokers |
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Minimum Deposit | $100 | $1 |
Withdrawal Fees | No | No |
Inactivity Fees | No | No |
Deposit Fees | Yes | No |
CFD Fees | Yes | No |
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What Languages Do FP Markets And Blitzbrokers Support?
Being able to talk easily with your trading platform is a key element when comparing trading platforms to find the best broker. Not only for support but to be sure you understand everything on their site and inside their app as it is a key factor to success when trading online.
Below you will find all the languages that both FP Markets and Blitzbrokers offer communication in.
Broker | FP Markets | Blitzbrokers |
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Languages Supported | English, and Chinese | |
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How Many Clients Do FP Markets and Blitzbrokers Have?
Both FP Markets and Blitzbrokers are well known and trusted. It is important to work with a broker that is professional and one of the easiest ways of establishing this is by knowing how many customers are using their services.
Below you will find details of how many clients FP Markets and Blitzbrokers are working with
Broker | FP Markets | Blitzbrokers |
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Clients / Users | 10,000+ | 10,000+ |
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What Payment Methods Do FP Markets and Blitzbrokers Accept?
FP Markets and Blitzbrokers 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 Blitzbrokers
Broker | FP Markets | Blitzbrokers |
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Bank Transfers | Yes | Yes |
Credit Cards | Yes | Yes |
PayPal | Yes | No |
Skrill | Yes | No |
Payoneer | No | Yes |
Neteller | Yes | No |
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What Can You Trade With FP Markets and Blitzbrokers?
FP Markets offers 100 trading instruments while Blitzbrokers offers 59.
Below you will find a full breakdown of what both FP Markets and Blitzbrokers offer.
FP Markets Review
FP Markets vs Blitzbrokers:
Table Of Contents
- Compare FP Markets vs Blitzbrokers
- Benefits of FP Markets and Blitzbrokers Compared
- Blitzbrokers and FP Markets Mobile App Comparison
- FP Markets vs Blitzbrokers - Awards
- FP Markets vs Blitzbrokers - Frequently Asked Questions
- What is the minimum deposit for Blitzbrokers or FP Markets
- FP Markets vs Blitzbrokers - Regulation And Licencing In More Detail
- Compare Broker Fees For FP Markets And Blitzbrokers
- What Languages Do FP Markets And Blitzbrokers Support?
- How Many Clients Do FP Markets and Blitzbrokers Have?
- What Payment Methods Do FP Markets and Blitzbrokers Accept?
- What Can You Trade With FP Markets and Blitzbrokers?