FP Markets vs Choicetrade, 2025 Update
|
|
FP Markets Rating
|
Choicetrade Rating
|
Losses can exceed deposits |
Your capital is at risk |
FP Markets vs Choicetrade Guide |
Read our In-Depth FP Markets vs Choicetrade Review - for 2025
Our comprehensive analysis of FP Markets and Choicetrade has been refreshed to reflect any changes for 2025 from industry experts with extensive financial experience across CFDs, Forex, & Social Trading.
Please note that due to regulations for each broker, the content in this comparison of FP Markets vs Choicetrade 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.
Choicetrade Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare FP Markets vs Choicetrade
Each platforms for online trading has some advantages and disadvantages, and a complete FP Markets and Choicetrade review would not be regarded as thorough without adopting an objective perspective.
Examine FP Markets and Choicetrade to understand the way they stack up to one another prior to you choose to create an account. Conducting a side-by-side comparison helps to place factors in perspective to ensure that you remain informed about what to expect.
So you are looking for a professional broker and are choosing between FP Markets or Choicetrade. Who is better in 2025?
Our FP Markets vs Choicetrade comparison contains the latest information so you can easily compare Choicetrade against FP Markets.
If you're a new entrant in the world of trading and brokers, so many facts will be perplexing for you. Getting into the world of trading demands expert assessing skills and comprehensive knowledge. You'll acquire adept at all the concepts of brokerage since you keep trading. For starters, you have to choose the ideal broker who'll be clear with you constantly.
Within this fast-paced universe of stock markets and trading, you will need advice to make correct decisions. A professionally lead investment program has the potential to create hefty returns. FP Markets and Choicetrade are just two such platforms that will take you along with your investment to great heights. It is important that you compare FP Markets vs Choicetrade until you trust them with your cash.
Our FP Markets vs Choicetrade comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust FP Markets and Choicetrade side by side.
Our full FP Markets vs Choicetrade Review covers everything you need to learn about trading with either FP Markets or Choicetrade. A good broker can multiply your initial investments and provide you positive profits. If you would like to make profits, you should trade with a broker service that aligns with your investment objectives.
There is no sure-fire method to guarantee profits; thus, you must carefully analyze your broker before you choose them. It is a frequent misconception that all brokers will be exactly the same, but that is not true. Wrong judgment, initially, can set your investments at risk.
FP Markets and Choicetrade are both brokers which have found their way successfully into the brokerage world. In this review, we have tried to collate some of the important facets of both FP Markets and Choicetrade. This review can help you to know whether either Choicetrade or FP Markets is a good match for your own investments or not. We have tried to breakdown all the features and fees for your convenience.
Benefits of FP Markets and Choicetrade Compared
FP Markets offers a minimum deposit of $100 while Choicetrade offers a $250 minimum deposit.
Why smaller minimum deposits are good and how FP Markets and Choicetrade 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 Choicetrade allows you to trade around 100 on their platform.
The more financial instruments you can trade on the FP Markets and Choicetrade 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 Choicetrade.
FP Markets and Choicetrade Contact Details
Being able to contact a broker easily is vital. FP Markets and Choicetrade have the following contact details and social medias that you can use.
|
||
---|---|---|
Broker | FP Markets | Choicetrade |
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 | Choicetrade Twitter Account | |
FP Markets Facebook Page | Choicetrade Facebook Page | |
FP Markets Instagram Account | Choicetrade Instagram Account | |
FP Markets LinkedIn Page | Choicetrade LinkedIn Page | |
YouTube | FP Markets YouTube Channel | Choicetrade YouTube Channel |
Find Out More |
|
|
Choicetrade 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.
In this part of our comparison of FP Markets and Choicetrade we'll check whether either of their mobile apps tick all the boxes.
We rate overall the user-friendliness of both apps as Better than the average.
It is important that any trading app has user friendly capabilities especially with the
Search Functions
Although most brokers do OK in this area, there are some bad apples out there. 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 only ever traded US stocks and start typing 'Apple', will the AI show you the Apple stock or the obscure Irish stock Applegreen?
FP Markets vs Choicetrade - Awards
|
||
---|---|---|
Broker | FP Markets | Choicetrade |
Awards |
FP Markets have won numerous industry awards over the time they have been operating as a financial broker. We list the most notable awards for FP Markets here.
|
At the time of writing this Choicetrade review, and despite Choicetrade’s impressive offering, the company has surprisingly not garnered any awards to date. |
Find Out More |
|
|
FP Markets vs Choicetrade - Frequently Asked Questions
FP Markets vs Choicetrade - Headquarters And Year Of Founding
FP Markets was founded in 2005 and has its head office in Australia.
Choicetrade was founded in 2009 and has its head office in United States.
What is the minimum deposit for Choicetrade or FP Markets
The minimum deposit for FP Markets is $100.
The minimum deposit for Choicetrade is $250.
Depending on your circumstances, 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 Choicetrade are a good choice.
FP Markets vs Choicetrade - Regulation And Licencing In More Detail
FP Markets is regulated by Australian Securities and Investment Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC).
Choicetrade is regulated by Unregulated.
Choicetrade is unregulated but FP Markets has a strong collection of rules for ensuring fair trading onto its individual platforms. For information encryption purposes, they provide industry-standard secure socket layer (SSL).
As per their own privacy policy, client information is never to be shared with any other institutions or individuals. This includes credit history and other financial details.
Compare FP Markets vs Choicetrade Commission And Fees
FP Markets and Choicetrade are online broker platforms, and most online brokerages charge lower fees than traditional brokerages tend to charge. The reason for this is that the businesses of online trading platforms are scaled much better. That is, an online broker isn't necessarily influenced by the number of customers they have.
But this does not mean that online brokers do not charge any fees. They charge prices of varying rates for a variety of services to earn money. There are mainly three types of fees for this purpose.
The first sort of fees to look out for are trading charges. Whenever you make an actual trade, like purchasing a stock or an ETF, you're billed trading charges. In these cases, you're paying a spread, financing speed, or a commission. The sorts of trading charges and the rates differ from broker to broker.
Commissions can be fixed or dependent on the traded quantity. On the flip side, a spread refers to the difference between the buying and selling cost. Funding or overnight prices are people that are billed when you hold a leveraged position for longer than a day.
Aside from trading fees, online agents also bill non-trading fees. These are dependent on the actions you undertake on your accounts. They're charged for surgeries like depositing cash, not trading for lengthy periods, or withdrawals.
Generally, neither FP Markets or Choicetrade charge high fees compared to other online brokers. For operations other agents fee for, they either do not charge a brokerage fee, or they charge a smaller amount. This can be beneficial for those who often exchange, for example daily or weekly trading.
But, non-trading fees charged by FP Markets and Choicetrade are comparatively greater. As a result, you are billed more for non-trading activities on your trading accounts, such as withdrawal and deposits. These are not related to the sale and purchase of resources.
This FP Markets vs Choicetrade review for 2025 breaks down every one of the relevant non-trading charges for you in detail.
Compare Broker Fees For FP Markets And Choicetrade
What Languages Do FP Markets And Choicetrade Support?
Being able to talk completely with your online broker is a key part of comparing trading platforms to find the best trading partner. 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.
Here you will find all the languages that both FP Markets and Choicetrade offer communication in.
|
||
---|---|---|
Broker | FP Markets | Choicetrade |
Languages Supported | English, and Chinese | |
Find Out More |
|
|
How Many Clients Do FP Markets and Choicetrade Have?
Both FP Markets and Choicetrade are well known and trusted. It is important to work with a broker you can trust and one of the easiest ways of establishing this is by knowing how many clients they already work with.
Below you will find details of how many customers FP Markets and Choicetrade have
|
||
---|---|---|
Broker | FP Markets | Choicetrade |
Clients / Users | 10,000+ | 10,000+ |
Find Out More |
|
|
What Payment Methods Do FP Markets and Choicetrade Accept?
FP Markets and Choicetrade 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 Choicetrade
|
||
---|---|---|
Broker | FP Markets | Choicetrade |
Bank Transfers | Yes | Yes |
Credit Cards | Yes | Yes |
PayPal | Yes | No |
Skrill | Yes | No |
Payoneer | No | Yes |
Neteller | Yes | No |
Find Out More |
|
|
What Can You Trade With FP Markets and Choicetrade?
FP Markets offers 100 trading instruments while Choicetrade offers 73.
Below you will find a full breakdown of what both FP Markets and Choicetrade offer.
FP Markets Review
FP Markets vs Choicetrade:
Table Of Contents
- Compare FP Markets vs Choicetrade
- Benefits of FP Markets and Choicetrade Compared
- Choicetrade and FP Markets Mobile App Comparison
- FP Markets vs Choicetrade - Awards
- FP Markets vs Choicetrade - Frequently Asked Questions
- What is the minimum deposit for Choicetrade or FP Markets
- FP Markets vs Choicetrade - Regulation And Licencing In More Detail
- Compare Broker Fees For FP Markets And Choicetrade
- What Languages Do FP Markets And Choicetrade Support?
- How Many Clients Do FP Markets and Choicetrade Have?
- What Payment Methods Do FP Markets and Choicetrade Accept?
- What Can You Trade With FP Markets and Choicetrade?