eToro vs FP Markets, 2022 Update
FP Markets Rating
67% of retail investor accounts lose money when trading CFDs with this provider. US customers only have access to cryptocurrencies
Losses can exceed deposits
eToro vs FP Markets Guide
Read our In-Depth eToro vs FP Markets Review - Updated for 2022
This eToro vs FP Markets review has been updated for 2022 by industry experts with years of financial experience in Forex, CFDs, & Social Trading.
Please note that due to regulations for each broker, the content in this eToro vs FP Markets review does not apply to all countries as follows:
eToro Excluded Countries
Iran, Democratic Peoples Republic of Korea, Belgium, Canada, Japan, Syrian Arab Republic, Turkey, Israel, Belarus, Albania, Republic of Moldova, North Macedonia, Serbia, Guinea, Democratic Republic of the Congo, Sudan, Zimbabwe, Ethiopia, Ghana, Tanzania, Libya, Uganda, Zambia, Botswana, Rwanda, Tunisia, Somalia, Namibia, Togo, Sierra Leone, Liberia, Gambia, Djibouti, Ivory Coast, Pakistan, Brunei Darussalam, Taiwan, Province of China, Samoa, Nepal, Singapore, US Virgin Islands, Turkmenistan, Tajikistan, Uzbekistan, Sri Lanka, Trinidad and Tobago, Haiti, Myanmar, Bhutan, Marshall Islands, Maldives, Kazakhstan, Grenada, Fiji, Barbados, Bermuda, Bahamas, Antigua and Barbuda, Anguilla, Aruba, Lebanon, El Salvador, United States of America, Paraguay, Honduras, Guatemala, Puerto Rico, Nicaragua, British Virgin Islands, and Netherlands Antilles.
FP Markets Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare eToro vs FP Markets
Every online trading platform will have some ups and downs, and no eToro and FP Markets review would be complete without having a balanced approach. Compare eToro and FP Markets to understand how they stack up against each other before you open an account. A comparative analysis can put things into perspective so that you are aware of what to expect.
So you are looking for a professional broker and are choosing between eToro or FP Markets. Who is better in 2022?
Our eToro vs FP Markets comparison contains the latest information so you can easily compare FP Markets against eToro.
If you're a new entrant in the realm of trading and brokers, so many facts will be perplexing for you. Getting into the world of trading demands expert assessing skills and comprehensive understanding. You'll acquire proficient at all of the concepts of brokerage as you continue trading. For starters, you need to select the ideal broker who'll 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 lead investment plan has the potential to create hefty returns. eToro and FP Markets are two such stages which will take you along with your investment into great heights. It's important to compare eToro vs FP Markets before you trust them with your money.
Our eToro vs FP Markets comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust eToro and FP Markets side by side.
Our full eToro vs FP Markets Review covers everything you need to learn about trading using either eToro or FP Markets. A fantastic broker can multiply your initial investments and give you favorable profits. If you would like to make profits, you should trade with a broker service that contrasts with your investing goals.
There's absolutely no sure-fire method to guarantee profits; therefore, you should carefully assess your agent before you choose them. It is a frequent misconception that all brokers will be the same, but that's not true. Wrong judgment, initially, can put your investments at risk.
eToro and FP Markets are both brokers which have forged their way successfully to the brokerage world. In this review, we have attempted to collate a number of the vital facets of both eToro and FP Markets. This review can allow you to know whether either FP Markets or eToro is a fantastic match for your own investments or not. We have attempted to breakdown all the features and fees for your advantage.
Benefits of eToro and FP Markets Compared
eToro has a minimum deposit of $50 while FP Markets has a $100 minimum deposit.
Why smaller minimum deposits are good and how eToro 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.
eToro has around 100 financial instruments whilst FP Markets allows you to trade around 100 financial instruments available.
The more instruments you can trade on the eToro and FP Markets 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 eToro or FP Markets.
eToro and FP Markets Contact Details
Being able to contact an online trading platform easily is a sign of a professional broker. eToro and FP Markets have the following contact details and social medias that you can use.
|Telephone Number||+44 28 2544 7780|
|Address||24th floor, One Canada Square, Canary Wharf, London, E14 5AB||First Floor, First St. Vincent Bank Ltd Building, James Street, Kingstown, St. Vincent and the Grenadines|
|eToro Twitter Account||FP Markets Twitter Account|
|eToro Facebook Page||FP Markets Facebook Page|
|eToro Instagram Account||FP Markets Instagram Account|
|eToro LinkedIn Page||FP Markets LinkedIn Page|
|YouTube||eToro YouTube Channel||FP Markets YouTube Channel|
|Find Out More||
FP Markets and eToro 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 eToro and FP Markets we'll check whether either of their mobile apps tick all the boxes.
We rate overall the user-friendliness of both 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.
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?
eToro vs FP Markets - Awards
eToro have won numerous industry awards over the time they have been running as a financial broker. We list the most notable awards for eToro below.
FP Markets have won many industry awards over the time they have been operating as an online broker. We list the most notable awards for FP Markets below.
|Find Out More||
eToro vs FP Markets - Frequently Asked Questions
eToro vs FP Markets - Headquarters And Year Of Founding
eToro was founded in 2007 and has its head office in Cyprus, UK.
FP Markets was founded in 2005 and has its head office in Australia.
What is the minimum deposit for FP Markets or eToro
The minimum deposit for eToro is $50.
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 eToro and FP Markets are a good choice.
eToro vs FP Markets - Regulation And Licencing In More Detail
eToro is regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC).
FP Markets is regulated by Australian Securities and Investment Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC).
Both eToro and FP Markets have a powerful collection of rules for ensuring honest trading on their own platforms. For information encryption functions, they supply industry-standard secure socket layers (SSL).
In accordance with their individual privacy policies, customer information is to not be shared with any other institutions or individuals. Including credit history and other financial information.
Compare eToro vs FP Markets Commission And Fees
eToro and FP Markets are online broker platforms, and most 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 better. That is, an internet broker isn't necessarily influenced by the number of customers they have.
But this does not mean that online brokers do not 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 kind of charges to keep an eye out for are trading fees. Whenever you make an actual trade, like buying a stock or an ETF, you are charged trading fees. In such instances, you're spending a spread, financing rate, or even a commission. The kinds of trading charges and the prices vary from broker to broker.
Commissions can be fixed or dependent on the traded volume. On the other hand, a spread refers to the gap between the buying and selling cost. Funding or overnight prices are people that are charged when you maintain a leveraged position for more than a day.
Aside from trading fees, online brokers also charge non-trading fees. These are dependent on the actions you undertake in your account. They are charged for surgeries like depositing cash, not investing for lengthy periods, or withdrawals.
Generally, neither eToro or FP Markets charge high fees in comparison to other online agents. For operations other agents charge for, they either do not charge a brokerage fee, or they charge a lesser amount. This is beneficial for people who often exchange, such as daily or weekly trading.
But, non-trading fees charged by eToro and FP Markets are comparatively higher. Consequently, you're charged more for non-trading activities on your trading account, like withdrawal and deposits. These aren't related to the purchase and sale of resources.
This eToro vs FP Markets review for 2022 breaks down every one of the relevant non-trading fees for you in detail.
Compare Broker Fees For eToro And FP Markets
What Languages Do eToro And FP Markets Support?
Being able to communicate completely with your trading broker is a key part of comparing brokers to find the best broker. Not only for support but to be sure you understand everything on their site and inside their app as it is a key factor to success when trading forex.
Here you will find the languages that both eToro and FP Markets offer communication in.
How Many Clients Do eToro and FP Markets Have?
Both eToro and FP Markets are well established with their client base. It is important to work with a broker that is professional 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 eToro and FP Markets have
|Clients / Users||20,000,000+||10,000+|
|Find Out More||
What Payment Methods Do eToro and FP Markets Accept?
eToro 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 eToro and FP Markets
What Can You Trade With eToro and FP Markets?
eToro offers 100 trading instruments whilst FP Markets offers 100.
Below you will find a full breakdown of what both eToro and FP Markets offer.
Compare eToro To All Other Brokers
Compare FP Markets To All Other Brokers
eToro vs FP Markets:
Table Of Contents
- Compare eToro vs FP Markets
- Benefits of eToro and FP Markets Compared
- FP Markets and eToro Mobile App Comparison
- eToro vs FP Markets - Awards
- eToro vs FP Markets - Frequently Asked Questions
- What is the minimum deposit for FP Markets or eToro
- eToro vs FP Markets - Regulation And Licencing In More Detail
- Compare Broker Fees For eToro And FP Markets
- What Languages Do eToro And FP Markets Support?
- How Many Clients Do eToro and FP Markets Have?
- What Payment Methods Do eToro and FP Markets Accept?
- What Can You Trade With eToro and FP Markets?