FP Markets vs Interactive Brokers, Who's The Best?

Compare FP Markets vs Interactive Brokers

Each trading platforms has certain pros and cons, and any comprehensive FP Markets and Interactive Brokers review would not be complete without embracing an objective perspective.

Assess Interactive Brokers and FP Markets in order to understand the way they compare with one another prior to you choose to open an account. Conducting a side-by-side comparison can bring aspects in perspective to ensure that you are cognizant of what you should anticipate.

So you are looking for an online trading platform and are choosing between FP Markets or Interactive Brokers. Who should you choose?

Our FP Markets vs Interactive Brokers comparison contains the latest information so you can easily compare Interactive Brokers against FP Markets.

If you are a new entrant in the realm of trading and brokers, so many nuances will be confusing for you. Getting into the world of trading demands expert assessing skills and thorough knowledge. You'll acquire proficient at all the concepts of brokerage since you continue trading. For starters, you have to select the ideal broker who will be transparent with you constantly.

Within this fast-paced world 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. FP Markets and Interactive Brokers are just two such companies which will take you along with your investment into great heights. It is important to compare FP Markets vs Interactive Brokers until you trust them with your cash.

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

Our entire FP Markets vs Interactive Brokers Review covers all you need to learn about trading with either FP Markets or Interactive Brokers. A fantastic agent can multiply your initial investments and give you favorable profits. If you would like to earn profits, you must trade with a brokerage service that aligns with your investment objectives.

There is no sure-fire way to ensure profits; thus, you should carefully analyze your broker before you select them. It is a frequent misconception that all brokers will be the same, but that's not correct. Wrong judgment, initially, can set your investments in danger.

FP Markets and Interactive Brokers are both brokers that have forged their way successfully to the brokerage world. In this review, we've tried to collate some of the vital aspects of both FP Markets and Interactive Brokers. This review will help you to know whether either Interactive Brokers or FP Markets is a good match for your own investments or not. We've attempted to breakdown all the qualities and fees for your convenience.

Benefits of FP Markets and Interactive Brokers Compared

FP Markets has a minimum deposit of $100 while Interactive Brokers has a $1 minimum deposit.

Why smaller minimum deposits are good and how FP Markets and Interactive Brokers 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 whilst Interactive Brokers has around 100 available.

The more instruments you can trade on the FP Markets and Interactive Brokers 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 FP Markets or Interactive Brokers.

FP Markets and Interactive Brokers Contact Details

Being able to contact an online trading platform through many ways is important. FP Markets and Interactive Brokers have the following contact details and social medias that you can use.

Interactive Brokers 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 Interactive Brokers 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?

FP Markets vs Interactive Brokers - Awards

FP Markets vs Interactive Brokers - Frequently Asked Questions

FP Markets vs Interactive Brokers - Headquarters And Year Of Founding

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

Interactive Brokers was founded in 1977 and has its headquaters in United States.

What is the minimum deposit for Interactive Brokers or FP Markets

The minimum deposit for FP Markets is $100.

The minimum deposit for Interactive Brokers is $1.

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 FP Markets and Interactive Brokers are a good choice.

FP Markets vs Interactive Brokers - Regulation And Licencing In More Detail

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

Interactive Brokers is regulated by the US Securities and Exchange Commission and the Commodity Futures Trading Commission. Australian Securities and Investments Commission (AFSL: 453554) and is a participant of ASX, ASX 24 and Chi-X Australia. Is a member of the Investment Industry Regulatory Organization of Canada (IIROC) and Member - Canadian Investor Protection Fund. Is authorised and regulated by the Financial Conduct Authority. FCA register entry number 208159. Is regulated by the Commission de Surveillance du Secteur Financier (CSSF). Is regulated by the Central Bank of Ireland (CBI, reference number C423427). Is licensed and regulated by the Central Bank of Hungary (Magyar Nemzeti Bank) under no. H-EN-III-623/2020. Is regulated by the Hong Kong Securities and Futures Commission. Is a member of NSE, BSE, SEBI. Regn. No. SEBI Registration No. INZ000217730; NSDL: IN-DP-NSDL-301-2008. CIN-U67120MH2007FTC170004. Is regulated by Kanto Local Finance Bureau (Registration No.187). Is licensed and regulated by the Monetary Authority of Singapore (Licence No. CMS100917)..

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

In accordance with their privacy regulations, customer information is never to be shared with any other institutions or individuals. Including credit history and other financial details.

Compare FP Markets vs Interactive Brokers Commission And Fees

FP Markets and Interactive Brokers are online broker platforms, and most online brokerages charge lower fees than traditional brokerages tend to bill. The reason for this is that the businesses of online trading platforms are scaled better. That is, an internet broker is not necessarily affected by the amount of clients they have.

However, 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 different types of penalties for this purpose.

The first kind of charges to look out for are trading fees. When you make a genuine trade, like buying a stock or an ETF, you are billed trading fees. In such cases, you are spending a spread, financing speed, or a commission. The kinds of trading fees and the rates vary from broker to broker.

Commissions could be fixed or determined by the traded volume. On the flip side, a spread denotes the difference between the buying and selling price. Funding or overnight prices are people that are charged when you hold a leveraged position for more than daily.

Aside from trading charges, online agents 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 lengthy periods, or withdrawals.

Generally, neither FP Markets or Interactive Brokers charge high fees in comparison to other online brokers. For operations other agents charge for, they do not charge a brokerage fee, or they charge a lesser sum. This can be beneficial for those who regularly trade, for example daily or weekly trading.

But, non-trading fees charged by FP Markets and Interactive Brokers are relatively greater. As a result, you're billed more for non-trading actions in your trading account, like deposits and withdrawal. These aren't about the sale and purchase of assets.

This FP Markets vs Interactive Brokers review for 2025 breaks down every one of the relevant non-trading fees for you in detail.

Compare Broker Fees For FP Markets And Interactive Brokers

What Languages Do FP Markets And Interactive Brokers Support?

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

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

How Many Clients Do FP Markets and Interactive Brokers Have?

Both FP Markets and Interactive Brokers are well established with their customer base. It is really important to work with an online broker that is reputable and one of the most simple ways of understanding this is by knowing how many customers are using their services.

Below you will find details of how many customers FP Markets and Interactive Brokers are working with

What Payment Methods Do FP Markets and Interactive Brokers Accept?

FP Markets and Interactive Brokers 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 Interactive Brokers

What Can You Trade With FP Markets and Interactive Brokers?

FP Markets offers 100 trading instruments whilst Interactive Brokers offers 100.

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