First Trade vs FP Markets, Who's The Best?

Compare First Trade vs FP Markets

Every trading platforms has some ups and downs, so a complete analysis of First Trade vs FP Markets cannnot be complete without having a fair assessment.

Compare FP Markets and First Trade to understand just how they line up against one another prior to you open an account. A comparative analysis will put things in perspective in order that you are informed about what to expect.

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

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

If you are a new entrant in the realm of trading and brokerages, so many facts will be perplexing for you. Getting into the world of trading requires expert assessing skills and thorough understanding. You'll acquire proficient at all the concepts of broker as you keep trading. For starters, you need to select the ideal agent who'll be clear with you constantly.

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 generate hefty returns. First Trade and FP Markets are just two such platforms which will take you and your investment into great heights. It's crucial to compare First Trade vs FP Markets until you trust them with your money.

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

Our full First Trade vs FP Markets Review covers all you will need to learn about trading using either First Trade or FP Markets. A good agent can multiply your initial investments and provide you positive profits. If you want to earn profits, you must trade with a brokerage service that aligns with your investment goals.

There is no sure-fire way to guarantee profits; thus, you should carefully assess your broker before you select them. It's a frequent misconception that all agents are the same, but that's not true. Wrong judgment, initially, can set your investments at risk.

First Trade and FP Markets are both brokers that have paved their way successfully to the brokerage world. In this review, we have attempted to collate a number of the important aspects of both First Trade and FP Markets. This review can help you to know whether either FP Markets or First Trade is a good match for your investments or not. We have attempted to breakdown all the qualities and charges for your convenience.

Benefits of First Trade and FP Markets Compared

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

Why smaller minimum deposits are good and how First Trade and FP Markets 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.

First Trade has around 101 financial instruments while FP Markets has around 101 available.

The more financial instruments you can trade on the First Trade and FP Markets 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 First Trade or FP Markets.

First Trade and FP Markets Contact Details

Being able to contact a broker easily is a sign of a professional broker. First Trade and FP Markets have the following contact details and social medias that you can use.

FP Markets and First Trade 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 First Trade and FP Markets we'll check whether either of their mobile apps tick all the boxes.

Overall, we rate the user-friendliness of the apps as better than 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. 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?

First Trade vs FP Markets - Awards

First Trade vs FP Markets - Frequently Asked Questions

First Trade vs FP Markets - Headquarters And Year Of Founding

First Trade was founded in 2008 and has its headquaters in USA.

FP Markets was founded in 2005 and has its head office in Australia.

What is the minimum deposit for FP Markets or First Trade

The minimum deposit for First Trade is $5.

The minimum deposit for FP Markets is $100.

Depending on your needs, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both First Trade and FP Markets are a good option.

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

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

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

Both First Trade and FP Markets have a powerful set of rules for ensuring honest trading on their platforms. For data encryption purposes, they supply industry-standard secure socket layers (SSL).

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

Compare First Trade vs FP Markets Commission And Fees

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

But this does not necessarily mean that online brokers don't charge any fees. They charge fees of varying rates for a variety of services to earn money. There are primarily 3 types of fees for this purpose.

The first sort of fees to keep an eye out for are trading fees. When you make a genuine trade, like buying a stock or an ETF, you're billed trading fees. In these cases, you are paying a spread, funding rate, or a commission. The sorts of trading charges and the rates vary from broker to broker.

Commissions could be fixed or dependent on the traded volume. On the other hand, a spread denotes the gap between the buying and selling price. Funding or overnight prices are those that are charged when you maintain a leveraged position for more than daily.

Apart from trading charges, online agents also charge non-trading fees. These are determined by the activities you undertake on your accounts. They're billed for surgeries like depositing cash, not trading for long periods, or withdrawals.

In general, neither First Trade or FP Markets charge high fees in comparison to other online agents. For operations other brokers fee for, they do not charge a broker fee, or they charge a smaller sum. This is beneficial for those who often trade, for example weekly or daily trading.

But, non-trading fees charged by First Trade and FP Markets are relatively lower. Consequently, you're billed more for non-trading activities in your trading accounts, like deposits and withdrawal. These aren't about the purchase and sale of resources.

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

Compare Broker Fees For First Trade And FP Markets

What Languages Do First Trade And FP Markets Support?

Being able to talk easily with your online broker is a key part of comparing trading platforms to find your perfect 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 part of success when trading forex.

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

How Many Clients Do First Trade and FP Markets Have?

Both First Trade and FP Markets are well known and trusted. It is important to work with a broker that is reputable and one of the easiest ways of understanding this is by knowing how many customers are using their services.

Below you will find details of how many customers First Trade and FP Markets have

What Payment Methods Do First Trade and FP Markets Accept?

First Trade and FP Markets 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 First Trade and FP Markets

What Can You Trade With First Trade and FP Markets?

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

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