Spreadex vs FP Markets, Updated for 2024
Read our In-Depth Spreadex vs FP Markets Review - for 2024
Our review comparing Spreadex and FP Markets has been refreshed to reflect any changes for 2024 by industry experts boasting extensive financial experience across Forex, CFDs, & Social Trading.
Please note that due to regulations for each broker, the content in this comparison of Spreadex vs FP Markets does not apply to all countries as follows:
Spreadex Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
FP Markets Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare Spreadex vs FP Markets
All online trading platforms feature a few ups and downs, and any comprehensive analysis of Spreadex vs FP Markets cannnot be regarded as thorough without adopting a balanced approach.
Compare Spreadex and FP Markets to get a better understanding of the way these platforms compare with each before you choose to create an account. Performing a comprehensive comparison can place factors into perspective in order that you're informed about the expectations.
So you are looking for a reputable broker and are choosing between Spreadex or FP Markets. Which one is best in 2024?
Our Spreadex vs FP Markets comparison contains the latest information so you can easily compare FP Markets against Spreadex.
If you are a new entrant in the realm of trading and brokerages, so many details will be confusing for you. Getting into the area of trading requires expert assessing skills and thorough understanding. You'll acquire adept at all of the concepts of brokerage since you continue trading. For starters, you have to select the right agent who'll be transparent with you constantly.
In this fast-paced universe of stock markets and trading, you'll need advice to make correct decisions. A professionally direct investment program has the potential to generate hefty returns. Spreadex and FP Markets are two such trading platforms that will take you along with your investment into great heights. It's crucial to compare Spreadex vs FP Markets until you trust them with your money.
Our Spreadex vs FP Markets comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust Spreadex and FP Markets side by side.
Our entire Spreadex vs FP Markets Review covers everything you need to learn about trading with either Spreadex or FP Markets. A good broker can multiply your first investments and provide you favorable 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 analyze your broker before you choose them. It is a common misconception that all brokers are the same, but that's not true. Wrong judgment, initially, can put your investments at risk.
Spreadex and FP Markets are both brokers that have found their way successfully to the brokerage world. Within this review, we have attempted to collate some of the important aspects of both Spreadex and FP Markets. This review can help you to understand whether either FP Markets or Spreadex is a good fit for your investments or not. We have attempted to breakdown all of the features and charges for your advantage.
Benefits of Spreadex and FP Markets Compared
Spreadex offers a minimum deposit of $0 while FP Markets offers a $100 minimum deposit.
Why smaller minimum deposits are good and how Spreadex 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.
Spreadex allows you to trade around 15,000 financial instruments while FP Markets allows you to trade around 15,000 financial instruments available.
The more instruments you can trade on the Spreadex 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 Spreadex or FP Markets.
Spreadex and FP Markets Contact Details
Being able to contact your broker easily is important. Spreadex and FP Markets have the following contact details and social medias that you can use.
Broker | Spreadex | FP Markets |
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Telephone Number | +44 01727 895 000 | +44 28 2544 7780 |
info@spreadex.com | supportteam@fpmarkets.com | |
Address | Churchill House, Upper Marlborough Road, St Albans, Hertfordshire, AL1 3UU | First Floor, First St. Vincent Bank Ltd Building, James Street, Kingstown, St. Vincent and the Grenadines |
Spreadex Twitter Account | FP Markets Twitter Account | |
Spreadex Facebook Page | FP Markets Facebook Page | |
Spreadex Instagram Account | FP Markets Instagram Account | |
Spreadex LinkedIn Page | FP Markets LinkedIn Page | |
YouTube | Spreadex YouTube Channel | FP Markets YouTube Channel |
Find Out More |
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FP Markets and Spreadex Mobile App Comparison
It is becoming increasingly important for brokers to offer simple-to-use apps that provide the same services as desktop platforms.
In this part of our comparison of Spreadex 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. 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?
Spreadex vs FP Markets - Awards
Broker | Spreadex | FP Markets |
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Awards |
Spreadex have won numerous industry awards over the time they have been operating as a financial broker. We show the most recognised awards for Spreadex here.
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FP Markets have won several industry awards over the time they have been operating as an online trading platform. We detail the most notable awards for FP Markets here.
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Find Out More |
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Spreadex vs FP Markets - Frequently Asked Questions
Spreadex vs FP Markets - Headquarters And Year Of Founding
Spreadex was founded in 1999 and has its headquaters in UK.
FP Markets was founded in 2005 and has its head office in Australia.
What is the minimum deposit for FP Markets or Spreadex
The minimum deposit for Spreadex is $0.
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 Spreadex and FP Markets are a good option.
Spreadex vs FP Markets - Regulation And Licencing In More Detail
Spreadex is regulated by Financial Conduct Authority (FCA), registration number 190941.
FP Markets is regulated by Australian Securities and Investment Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC).
Both Spreadex and FP Markets have a strong set of rules for ensuring honest trading on their own platforms. For information encryption functions, they provide industry-standard secure socket layers (SSL).
As per their individual privacy regulations, client data is never to be shared with any other institutions or individuals. This includes credit history and other financial details.
Compare Spreadex vs FP Markets Commission And Fees
Spreadex and FP Markets are online brokerage platforms, and many online brokerages charge lower prices than traditional brokerages tend to bill. The reason for this is that the companies of online trading platforms are scaled much better. That is, an online broker isn't necessarily influenced by the number of customers they have.
But this doesn't mean that online brokers do not charge any fees. They charge fees of varying rates for various services to make money. There are primarily three types of penalties for this objective.
The first kind of charges to look out for are trading charges. Whenever you make a genuine trade, like buying a stock or an ETF, you're billed trading charges. In such instances, you're spending a spread, financing speed, or a commission. The kinds of trading fees and the prices differ from broker to broker.
Commissions can be fixed or dependent on the traded volume. On the flip side, a spread denotes the gap between the buying and selling price. Financing or overnight rates are people who are charged when you maintain a leveraged position for more than a day.
Aside from trading charges, online agents also bill non-trading fees. These are dependent on the activities you undertake in your accounts. They're charged for operations like depositing cash, not investing for long periods, or withdrawals.
In general, neither Spreadex or FP Markets charge high fees compared to other online agents. For operations other agents fee for, they do not charge a brokerage fee, or they charge a lesser amount. This can be beneficial for those who regularly trade, such as weekly or daily trading.
But, non-trading fees charged by Spreadex and FP Markets are comparatively greater. Consequently, you are charged more for non-trading activities in your trading accounts, like withdrawal and deposits. These are not about the sale and purchase of resources.
This Spreadex vs FP Markets review for 2024 breaks down each of the relevant non-trading fees for you in detail.
Compare Broker Fees For Spreadex And FP Markets
What Languages Do Spreadex And FP Markets Support?
Being able to chat easily with your trading broker is a key part of comparing trading platforms to find your perfect broker. Not only for support but to ensure you completely understand everything on their website and inside their app as it is a key factor to success when trading forex.
Below you can find all the languages that both Spreadex and FP Markets offer communication in.
How Many Clients Do Spreadex and FP Markets Have?
Both Spreadex and FP Markets are well known and trusted. It is really important to work with an online broker you can trust and one of the most simple ways of establishing this is by knowing how many clients are using their services.
Below you will find details of how many customers Spreadex and FP Markets are working with
What Payment Methods Do Spreadex and FP Markets Accept?
Spreadex 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 Spreadex and FP Markets
What Can You Trade With Spreadex and FP Markets?
Spreadex offers 15,000 trading instruments whilst FP Markets offers 100.
Below you will find a full breakdown of what both Spreadex and FP Markets offer.
Spreadex Review
Spreadex vs FP Markets:
Table Of Contents
- Compare Spreadex vs FP Markets
- Benefits of Spreadex and FP Markets Compared
- FP Markets and Spreadex Mobile App Comparison
- Spreadex vs FP Markets - Awards
- Spreadex vs FP Markets - Frequently Asked Questions
- What is the minimum deposit for FP Markets or Spreadex
- Spreadex vs FP Markets - Regulation And Licencing In More Detail
- Compare Broker Fees For Spreadex And FP Markets
- What Languages Do Spreadex And FP Markets Support?
- How Many Clients Do Spreadex and FP Markets Have?
- What Payment Methods Do Spreadex and FP Markets Accept?
- What Can You Trade With Spreadex and FP Markets?