FP Markets vs umarkets, Who's The Best?
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FP Markets Rating
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umarkets Rating
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Losses can exceed deposits |
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FP Markets vs umarkets Guide |
Read our In-Depth FP Markets vs umarkets Review - Updated for 2025
Our review comparing FP Markets and umarkets has been refreshed for 2025 from industry experts with years of expertise in CFDs, Social Trading, & Forex.
Please note that due to regulations for each broker, the content in this comparison of FP Markets vs umarkets 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.
umarkets Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare FP Markets vs umarkets
Each trading platforms has some pros and cons, so any comprehensive review of FP Markets and umarkets cannnot be regarded as thorough without adopting an objective perspective.
Compare umarkets and FP Markets to understand just how they compare against each before you decide to create an account. Performing a side-by-side comparison can bring aspects into perspective so that you're informed about what to expect.
So you are looking for an online trading platform and are choosing between FP Markets or umarkets. Who should you choose?
Our FP Markets vs umarkets comparison contains the latest information so you can easily compare umarkets against FP Markets.
If you are a new entrant in the world of trading and brokers, so many nuances will be confusing for you. Getting into the area of trading demands expert analyzing skills and thorough knowledge. You will get proficient at all of the concepts of broker as you continue trading. For starters, you have to select the ideal agent who will be transparent with you always.
Within this fast-paced universe of stock markets and trading, you'll need guidance to make proper decisions. A professionally direct investment plan has the potential to create hefty returns. FP Markets and umarkets are just two such trading platforms that will take you along with your investment into great heights. It's important to compare FP Markets vs umarkets before you trust them with your money.
Our FP Markets vs umarkets comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust FP Markets and umarkets side by side.
Our full FP Markets vs umarkets Review covers all you need to learn about trading using either FP Markets or umarkets. A good broker can multiply your initial investments and give you positive profits. If you would like to make profits, you must trade with a broker service that contrasts with your investing objectives.
There's absolutely no sure-fire method to ensure profits; thus, you must carefully analyze your agent before you select them. It's a common misconception that all agents will be the same, but that's not true. Wrong judgment, in the beginning, can put your investments in danger.
FP Markets and umarkets are both brokers that have paved their way successfully into the broker world. In this review, we've tried to collate a number of the important facets of both FP Markets and umarkets. This review can help you to know whether either umarkets or FP Markets is a good fit for your investments or not. We have tried to breakdown all the features and fees for your convenience.
Benefits of FP Markets and umarkets Compared
FP Markets offers a minimum deposit of $100 while umarkets offers a $250 minimum deposit.
Why smaller minimum deposits are good and how FP Markets and umarkets 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 while umarkets allows you to trade around 100 financial instruments available.
The more instruments you can trade on the FP Markets and umarkets 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 umarkets.
FP Markets and umarkets Contact Details
Being able to contact a broker simply is vital. FP Markets and umarkets have the following contact details and social medias that you can use.
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Broker | FP Markets | umarkets |
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 | umarkets Twitter Account | |
FP Markets Facebook Page | umarkets Facebook Page | |
FP Markets Instagram Account | umarkets Instagram Account | |
FP Markets LinkedIn Page | umarkets LinkedIn Page | |
YouTube | FP Markets YouTube Channel | umarkets YouTube Channel |
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umarkets 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 umarkets will examine whether their mobile app meets all our requirements.
We rate overall the user-friendliness of both apps as better than 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 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 umarkets - Awards
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Broker | FP Markets | umarkets |
Awards |
FP Markets have won numerous industry awards over the years they have been running as an online broker. We detail the most recognised awards for FP Markets below.
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At the time of writing this umarkets review, and despite umarkets’s impressive offering, the company has surprisingly not garnered any awards to date. |
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FP Markets vs umarkets - Frequently Asked Questions
FP Markets vs umarkets - Headquarters And Year Of Founding
FP Markets was founded in 2005 and has its headquaters in Australia.
umarkets was founded in 2018 and has its headquaters in Bulgaria.
What is the minimum deposit for umarkets or FP Markets
The minimum deposit for FP Markets is $100.
The minimum deposit for umarkets is $250.
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 umarkets are a good option.
FP Markets vs umarkets - Regulation And Licencing In More Detail
FP Markets is regulated by Australian Securities and Investment Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC).
umarkets is regulated by Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F333.
Both FP Markets and umarkets have a strong set of rules for ensuring fair trading on their platforms. For data encryption purposes, they provide industry-standard secure socket layers (SSL).
As per their individual privacy policies, client information is never to be shared with any other institutions or individuals. This includes credit history and other financial information.
Compare FP Markets vs umarkets Commission And Fees
FP Markets and umarkets are online broker platforms, and many online brokerages charge lower prices than traditional brokerages tend to charge. The reason for this is that the businesses of online brokerages are scaled much better. In other words, an online broker isn't necessarily influenced by the amount of clients they have.
But this doesn't mean that online brokers don't charge any fees. They charge prices of varying rates for various services to make money. There are primarily 3 different types of fees for this purpose.
The first sort of fees to look out for are trading fees. Whenever you make a genuine trade, like buying a stock or an ETF, you're billed trading charges. In these cases, you're spending a spread, funding rate, or even a commission. The sorts of trading charges and the prices differ from broker to broker.
Commissions can be fixed or determined by the traded volume. On the other hand, a spread refers to the difference between the buying and selling cost. Financing or overnight prices are people who are billed when you maintain a leveraged position for longer than daily.
Aside from trading fees, online agents also bill non-trading fees. These are dependent on the actions you undertake on your account. They're billed for surgeries like depositing money, not trading for long periods, or withdrawals.
Generally, neither FP Markets or umarkets charge high fees compared to other online agents. For operations other brokers fee for, they either do not charge a brokerage fee, or they charge a smaller amount. This can be beneficial for those who regularly exchange, for example daily or weekly trading.
However, non-trading fees billed by FP Markets and umarkets are relatively lower. Consequently, you are billed more for non-trading activities in your trading accounts, like deposits and withdrawal. These aren't related to the sale and purchase of assets.
This FP Markets vs umarkets review for 2025 breaks down each of the relevant non-trading charges for you in detail.
Compare Broker Fees For FP Markets And umarkets
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Broker | FP Markets | umarkets |
Minimum Deposit | $100 | $250 |
Withdrawal Fees | No | Yes |
Inactivity Fees | No | Yes |
Deposit Fees | Yes | No |
CFD Fees | Yes | No |
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What Languages Do FP Markets And umarkets Support?
Being able to chat completely with your trading broker is a key part of comparing trading platforms to find the best trading partner. Not only for support but to ensure you understand everything on their site and inside their application as it is a key factor to success when trading online.
Below you can find all the languages that both FP Markets and umarkets offer communication in.
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Broker | FP Markets | umarkets |
Languages Supported | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic | |
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How Many Clients Do FP Markets and umarkets Have?
Both FP Markets and umarkets are well established with their customer base. It is really important to work with a broker that is professional and one of the easiest ways of establishing this is by knowing how many customers they already work with.
Below you will find details of how many clients FP Markets and umarkets have
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Broker | FP Markets | umarkets |
Clients / Users | 10,000+ | 10,000+ |
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What Payment Methods Do FP Markets and umarkets Accept?
FP Markets and umarkets 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 umarkets
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Broker | FP Markets | umarkets |
Bank Transfers | Yes | Yes |
Credit Cards | Yes | Yes |
PayPal | Yes | Yes |
Skrill | Yes | Yes |
Payoneer | No | Yes |
Neteller | Yes | Yes |
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What Can You Trade With FP Markets and umarkets?
FP Markets offers 100 trading instruments and umarkets offers 216.
Below you will find a full breakdown of what both FP Markets and umarkets offer.
FP Markets Review
FP Markets vs umarkets:
Table Of Contents
- Compare FP Markets vs umarkets
- Benefits of FP Markets and umarkets Compared
- umarkets and FP Markets Mobile App Comparison
- FP Markets vs umarkets - Awards
- FP Markets vs umarkets - Frequently Asked Questions
- What is the minimum deposit for umarkets or FP Markets
- FP Markets vs umarkets - Regulation And Licencing In More Detail
- Compare Broker Fees For FP Markets And umarkets
- What Languages Do FP Markets And umarkets Support?
- How Many Clients Do FP Markets and umarkets Have?
- What Payment Methods Do FP Markets and umarkets Accept?
- What Can You Trade With FP Markets and umarkets?