FP Markets vs First Trade, for 2025

Compare FP Markets vs First Trade

Each platforms for online trading will have certain ups and downs, so a complete analysis of FP Markets vs First Trade cannnot be regarded as thorough without embracing a balanced approach.

Assess First Trade and FP Markets to understand the way they compare to one another before you decide to create an account. A side-by-side comparison will bring aspects in perspective to ensure that you're informed about what you should anticipate.

So you are looking for a professional broker and are choosing between FP Markets or First Trade. Which one is best in 2025?

Our FP Markets vs First Trade comparison contains the most recent information so you can easily compare First Trade against FP Markets.

If you're a new entrant in the world of trading and brokerages, so many facts will be confusing for you. Getting into the world of trading demands expert analyzing skills and thorough knowledge. You'll acquire adept at all the concepts of brokerage as you continue trading. For starters, you have to choose the right agent who will be transparent with you constantly.

In this fast-paced world of stock markets and trading, you will need advice to make correct decisions. A professionally direct investment program has the potential to generate hefty returns. FP Markets and First Trade are just two such stages which will take you and your investment into great heights. It's crucial that you compare FP Markets vs First Trade until you trust them with your money.

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

Our full FP Markets vs First Trade Review covers all you need to know about trading with either FP Markets or First Trade. A fantastic agent can multiply your initial investments and give you favorable profits. If you want to earn profits, you must trade with a brokerage service that contrasts with your investment objectives.

There is no sure-fire way to ensure profits; thus, you must carefully assess your agent before you select them. It is a common misconception that all agents will be the same, but that is not true. Wrong judgment, initially, can set your investments at risk.

FP Markets and First Trade are both brokers which have paved their way successfully to the brokerage world. Within this review, we have attempted to collate a number of the vital facets of both FP Markets and First Trade. This review can help you to know whether either First Trade or FP Markets is a fantastic fit for your own investments or not. We have tried to breakdown all of the features and fees for your advantage.

Benefits of FP Markets and First Trade Compared

FP Markets offers a minimum deposit of $100 while First Trade offers a $5 minimum deposit.

Why smaller minimum deposits are good and how FP Markets and First Trade 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 while First Trade allows you to trade around 100 on their platform.

The more instruments you can trade on the FP Markets and First Trade 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 never want to miss out on a trading opportunity due to the limitations of FP Markets or First Trade.

FP Markets and First Trade Contact Details

Being able to contact a broker simply is important. FP Markets and First Trade have the following contact details and social medias that you can use.

First Trade 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 First Trade 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

Although most brokers do OK in this area, there are some bad apples out there. If you type 'Emerging markets' into the search box, the software will find all Emerging market ETFs, even if the name doesn't begin 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 First Trade - Awards

FP Markets vs First Trade - Frequently Asked Questions

FP Markets vs First Trade - Headquarters And Year Of Founding

FP Markets was founded in 2005 and has its headquaters in Australia.

First Trade was founded in 2008 and has its head office in USA.

What is the minimum deposit for First Trade or FP Markets

The minimum deposit for FP Markets is $100.

The minimum deposit for First Trade is $5.

Depending on your current situation, 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 First Trade are a good option.

FP Markets vs First Trade - Regulation And Licencing In More Detail

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

First Trade is regulated by Securities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA).

Both FP Markets and First Trade have a powerful collection of rules for ensuring fair trading on their own platforms. For information encryption functions, they supply industry-standard secure socket layers (SSL).

In accordance with their own privacy policies, customer information is never to be shared with any other institutions or individuals. Including credit history and other financial details.

Compare FP Markets vs First Trade Commission And Fees

FP Markets and First Trade are online broker platforms, and many online brokerages charge lower fees than traditional brokerages tend to charge. The cause of this is that the businesses of online trading platforms are scaled better. In other words, an internet broker isn't necessarily affected by the amount of clients they have.

However, this doesn't mean that online brokers do not charge any fees. They charge prices of varying rates for various services to make money. There are primarily three types of fees for this purpose.

The first kind of charges to look out for are trading charges. When you make a genuine trade, like buying a stock or an ETF, you are billed trading fees. In such cases, you are paying a spread, financing speed, or a commission. The sorts of trading charges and the prices differ from broker to broker.

Commissions could be fixed or dependent on the traded volume. On the flip side, a spread refers to the gap between the buying and selling cost. Financing or overnight rates are people that are charged when you maintain a leveraged position for longer than daily.

Apart from trading charges, online agents also bill non-trading fees. These are dependent on the actions you undertake in your accounts. They are billed for surgeries like depositing cash, not trading for lengthy periods, or withdrawals.

In general, neither FP Markets or First Trade charge high fees compared to other online agents. For operations other agents fee for, they either do not charge a brokerage fee, or they charge a lesser amount. This can be beneficial for those who often exchange, for example weekly or daily trading.

However, non-trading fees charged by FP Markets and First Trade are comparatively lower. As a result, you are charged more for non-trading actions on your trading accounts, such as deposits and withdrawal. These aren't related to the sale and purchase of assets.

This FP Markets vs First Trade review for 2025 breaks down each of the relevant non-trading fees for you in detail.

Compare Broker Fees For FP Markets And First Trade

What Languages Do FP Markets And First Trade Support?

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

Here you will find all the languages that both FP Markets and First Trade offer communication in.

How Many Clients Do FP Markets and First Trade Have?

Both FP Markets and First Trade are well known and trusted. It is really important to work with an online 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 users FP Markets and First Trade have

What Payment Methods Do FP Markets and First Trade Accept?

FP Markets and First Trade 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 First Trade

What Can You Trade With FP Markets and First Trade?

FP Markets offers 100 trading instruments whilst First Trade offers 101.

Below you will find a full breakdown of what both FP Markets and First Trade offer.