FP Markets vs OptionWeb, 2024 Update
FP Markets Rating
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OptionWeb Rating
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Losses can exceed deposits |
Losses can exceed deposits |
FP Markets vs OptionWeb Guide |
Read our In-Depth FP Markets vs OptionWeb Review - for 2024
Our comprehensive analysis of FP Markets and OptionWeb has been updated for 2024 by seasoned professionals with extensive expertise in Social Trading, Forex, & CFDs.
Please note that due to regulations for each broker, the content in this comparison of FP Markets vs OptionWeb 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.
OptionWeb Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare FP Markets vs OptionWeb
All platforms for online trading will have some pros and cons, so any comprehensive FP Markets and OptionWeb review cannnot be regarded as thorough without embracing a balanced approach.
Assess OptionWeb and FP Markets to get a better understanding of just how these platforms compare with each before you choose to make an account. Performing a side-by-side comparison helps to place factors in perspective so that you are cognizant of what you should anticipate.
So you are looking for a reputable broker and are choosing between FP Markets or OptionWeb. Which one is best in 2024?
Our FP Markets vs OptionWeb comparison contains the most recent information so you can easily compare OptionWeb 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 requires expert assessing skills and thorough knowledge. You will get proficient at all the concepts of brokerage as you continue trading. For starters, you need to choose the right broker who'll be transparent with you always.
Within this fast-paced universe of stock markets and trading, you'll need advice to make proper decisions. A professionally lead investment program has the potential to generate hefty returns. FP Markets and OptionWeb are just two such stages which will take you along with your investment into great heights. It is important to compare FP Markets vs OptionWeb before you trust them with your money.
Our FP Markets vs OptionWeb comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust FP Markets and OptionWeb side by side.
Our full FP Markets vs OptionWeb Review covers all you will need to learn about trading using either FP Markets or OptionWeb. A fantastic broker can multiply your first investments and give you positive profits. If you would like to earn profits, you must trade with a brokerage service that aligns with your investing goals.
There's absolutely no sure-fire method to guarantee profits; thus, you must carefully analyze your agent before you select them. It is a common misconception that all brokers are the same, but that's not true. Wrong judgment, in the beginning, can set your investments in danger.
FP Markets and OptionWeb are both brokers which have paved their way successfully into the broker world. Within this review, we've attempted to collate some of the vital aspects of both FP Markets and OptionWeb. This review can allow you to know whether either OptionWeb or FP Markets is a good match for your investments or not. We've tried to breakdown all of the features and fees for your convenience.
Benefits of FP Markets and OptionWeb Compared
FP Markets has a minimum deposit of $100 while OptionWeb offers a $200 minimum deposit.
Why smaller minimum deposits are good and how FP Markets and OptionWeb 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 OptionWeb has around 100 financial instruments available.
The more financial instruments you can trade on the FP Markets and OptionWeb 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 should never want to miss out on a trading opportunity due to the limitations of FP Markets or OptionWeb.
FP Markets and OptionWeb Contact Details
Being able to contact your broker through many ways is vital. FP Markets and OptionWeb have the following contact details and social medias that you can use.
Broker | FP Markets | OptionWeb |
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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 | OptionWeb Twitter Account | |
FP Markets Facebook Page | OptionWeb Facebook Page | |
FP Markets Instagram Account | OptionWeb Instagram Account | |
FP Markets LinkedIn Page | OptionWeb LinkedIn Page | |
YouTube | FP Markets YouTube Channel | OptionWeb YouTube Channel |
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OptionWeb 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.
In this part of our comparison of FP Markets and OptionWeb we'll check whether either of their mobile apps tick all the boxes.
We rate overall 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. 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 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 OptionWeb - Awards
Broker | FP Markets | OptionWeb |
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Awards |
FP Markets have won many industry awards over the years they have been running as a financial broker. We list the most recognised awards for FP Markets below.
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At the time of writing this OptionWeb review, and despite OptionWeb’s impressive offering, the company has surprisingly not garnered any awards to date. |
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FP Markets vs OptionWeb - Frequently Asked Questions
FP Markets vs OptionWeb - Headquarters And Year Of Founding
FP Markets was founded in 2005 and has its headquaters in Australia.
OptionWeb was founded in 2012 and has its headquaters in Cyprus.
What is the minimum deposit for OptionWeb or FP Markets
The minimum deposit for FP Markets is $100.
The minimum deposit for OptionWeb is $200.
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 OptionWeb are a good option.
FP Markets vs OptionWeb - Regulation And Licencing In More Detail
FP Markets is regulated by Australian Securities and Investment Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC).
OptionWeb is regulated by Cyprus Securities and Exchange Commission (CySEC).
Both FP Markets and OptionWeb have a strong collection of rules for ensuring honest trading onto their platforms. For data encryption purposes, they provide industry-standard secure socket layers (SSL).
In accordance with their individual privacy policies, client data is to not be shared with any other institutions or individuals. This includes credit history and other financial information.
Compare FP Markets vs OptionWeb Commission And Fees
FP Markets and OptionWeb are online brokerage platforms, and most online brokerages charge lower fees than traditional brokerages tend to charge. The cause of this is that the companies of online brokerages are scaled much better. In other words, an online broker is not necessarily influenced by the amount of customers they have.
But this does not necessarily 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 different types of fees for this objective.
The first sort of fees to look out for are trading charges. When you make a genuine trade, like purchasing a stock or an ETF, you're charged trading fees. In these instances, you are paying a spread, financing speed, or even a commission. The kinds of trading charges and the rates differ from broker to broker.
Commissions can be fixed or dependent on the traded volume. On the flip side, a spread denotes the difference between the buying and selling price. Funding or overnight rates are people that are billed when you maintain a leveraged position for more than a day.
Apart from trading charges, online agents also charge non-trading fees. These are determined by the activities you undertake in your account. They're billed for operations like depositing cash, not investing for long periods, or withdrawals.
Generally, neither FP Markets or OptionWeb charge high fees compared to other online agents. For operations other brokers fee for, they do not charge a brokerage fee, or they charge a lesser amount. This can be beneficial for people who regularly exchange, such as weekly or daily trading.
However, non-trading fees charged by FP Markets and OptionWeb are comparatively greater. As a result, you're billed more for non-trading actions on your trading accounts, like deposits and withdrawal. These aren't about the purchase and sale of resources.
This FP Markets vs OptionWeb review for 2024 breaks down each of the applicable non-trading fees for you in detail.
Compare Broker Fees For FP Markets And OptionWeb
What Languages Do FP Markets And OptionWeb Support?
Being able to talk easily with your trading broker is a key element when comparing brokers to find the best broker. Not only for support but to be sure you understand everything on their website and inside their application as it is a key part of success when trading forex.
Here you will find the languages that both FP Markets and OptionWeb offer communication in.
Broker | FP Markets | OptionWeb |
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Languages Supported | English, and Chinese | |
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How Many Clients Do FP Markets and OptionWeb Have?
Both FP Markets and OptionWeb are well established with their customer base. It is important to work with an online broker that is professional and one of the most simple ways of understanding this is by knowing how many customers they already work with.
Below you will find details of how many clients FP Markets and OptionWeb are active on their platform
Broker | FP Markets | OptionWeb |
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Clients / Users | 10,000+ | 10,000+ |
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What Payment Methods Do FP Markets and OptionWeb Accept?
FP Markets and OptionWeb 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 OptionWeb
Broker | FP Markets | OptionWeb |
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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 OptionWeb?
FP Markets offers 100 trading instruments while OptionWeb offers .
Below you will find a full breakdown of what both FP Markets and OptionWeb offer.
FP Markets Review
FP Markets vs OptionWeb:
Table Of Contents
- Compare FP Markets vs OptionWeb
- Benefits of FP Markets and OptionWeb Compared
- OptionWeb and FP Markets Mobile App Comparison
- FP Markets vs OptionWeb - Awards
- FP Markets vs OptionWeb - Frequently Asked Questions
- What is the minimum deposit for OptionWeb or FP Markets
- FP Markets vs OptionWeb - Regulation And Licencing In More Detail
- Compare Broker Fees For FP Markets And OptionWeb
- What Languages Do FP Markets And OptionWeb Support?
- How Many Clients Do FP Markets and OptionWeb Have?
- What Payment Methods Do FP Markets and OptionWeb Accept?
- What Can You Trade With FP Markets and OptionWeb?