FP Markets vs USAA, Updated for 2025

Compare FP Markets vs USAA

All platforms for online trading will have certain ups and downs, and any comprehensive FP Markets and USAA review cannnot be regarded as thorough without having a fair assessment.

Compare USAA and FP Markets to understand how they compare with each other before you choose to create an account. Conducting a side-by-side comparison helps to put things into perspective so that you are aware of what you should anticipate.

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

This FP Markets vs USAA comparison contains the most recent information so you can easily compare USAA against FP Markets.

If you're a new entrant in the realm of trading and brokers, so many details will be confusing for you. Getting into the world of trading demands expert assessing skills and comprehensive knowledge. You will acquire proficient at all the concepts of brokerage since you continue trading. For starters, you have to choose the right broker who'll be clear with you always.

Within this fast-paced universe of stock markets and trading, you will need advice to make proper decisions. A professionally direct investment program has the potential to create hefty returns. FP Markets and USAA are just two such trading platforms which will take you along with your investment into great heights. It's important to compare FP Markets vs USAA before you trust them with your money.

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

Our full FP Markets vs USAA Review covers all you need to know about trading using either FP Markets or USAA. A fantastic broker can multiply your initial investments and give you positive profits. If you would like to make profits, you must trade with a brokerage service that aligns with your investment objectives.

There is no sure-fire method to ensure profits; thus, you should carefully assess your broker before you select them. It is a common misconception that all agents will be exactly the same, but that is not correct. Wrong judgment, in the beginning, can set your investments at risk.

FP Markets and USAA are both brokers that have forged their way successfully into the broker world. In this review, we have attempted to collate some of the important facets of both FP Markets and USAA. This review will allow you to understand whether either USAA or FP Markets is a good match for your investments or not. We've tried to breakdown all of the features and charges for your advantage.

Benefits of FP Markets and USAA Compared

FP Markets has a minimum deposit of $100 while USAA has a $25 minimum deposit.

Why smaller minimum deposits are good and how FP Markets and USAA 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 USAA has around 100 on their platform.

The more financial instruments you can trade on the FP Markets and USAA 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 USAA.

FP Markets and USAA Contact Details

Being able to contact an online trading platform easily is vital. FP Markets and USAA have the following contact details and social medias that you can use.

USAA 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 USAA 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 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 USAA - Awards

FP Markets vs USAA - Frequently Asked Questions

FP Markets vs USAA - Headquarters And Year Of Founding

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

USAA was founded in 2008 and has its head office in United States.

What is the minimum deposit for USAA or FP Markets

The minimum deposit for FP Markets is $100.

The minimum deposit for USAA is $25.

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 USAA are a good choice.

FP Markets vs USAA - Regulation And Licencing In More Detail

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

USAA is regulated by Financial Conduct Authority (FCA), The Prudential Regulation Authority (PRA).

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

As per their own privacy policies, client data is to not be shared with any other institutions or individuals. Including credit history and other financial information.

Compare FP Markets vs USAA Commission And Fees

FP Markets and USAA are online brokerage platforms, and most 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. In other words, an internet broker isn't necessarily influenced by the number of customers they have.

However, this doesn't necessarily mean that online brokers do not charge any fees. They charge prices of varying rates for a variety of services to make money. There are mainly 3 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're charged trading charges. In these cases, you are spending a spread, financing rate, or even a commission. The kinds of trading fees and the prices vary from broker to broker.

Commissions could be fixed or determined by the traded volume. On the other hand, a spread denotes the difference between the buying and selling cost. Funding or overnight prices are people who are billed when you hold a leveraged position for longer than a day.

Aside from trading charges, online brokers also bill non-trading fees. These are dependent on the activities you undertake in your accounts. They are billed for operations like depositing cash, not trading for long periods, or withdrawals.

In general, neither FP Markets or USAA charge high fees in comparison to other online agents. For operations other brokers charge for, they do not charge a broker fee, or they charge a lesser amount. This is beneficial for those who often trade, such as weekly or daily trading.

However, non-trading fees charged by FP Markets and USAA are comparatively lower. As a result, you're charged more for non-trading activities in your trading account, such as withdrawal and deposits. These aren't about the purchase and sale of resources.

This FP Markets vs USAA review for 2025 breaks down every one of the applicable non-trading charges for you in detail.

Compare Broker Fees For FP Markets And USAA

What Languages Do FP Markets And USAA Support?

Being able to talk completely with your online broker is a key element when comparing online brokers to find the best trading partner. Not only for support but to ensure you understand everything on their website and inside their app as it is a key part of success when trading online.

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

How Many Clients Do FP Markets and USAA Have?

Both FP Markets and USAA are well established with their customer base. It is really important to work with an online broker you can trust and one of the easiest ways of understanding this is by knowing how many clients are using their services.

Below you will find details of how many users FP Markets and USAA are active on their platform

What Payment Methods Do FP Markets and USAA Accept?

FP Markets and USAA 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 USAA

What Can You Trade With FP Markets and USAA?

FP Markets offers 100 trading instruments while USAA offers 242.

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