freetrade vs FP Markets, Updated for 2024
FP Markets Rating
The value of investments can go up as well as down and you may receive back less than your original investment.
Losses can exceed deposits
freetrade vs FP Markets Guide
Read our In-Depth freetrade vs FP Markets Review - for 2024
Our review comparing freetrade and FP Markets has been refreshed for 2024 by seasoned professionals boasting significant financial experience in Forex, CFDs, & Social Trading.
Please note that due to regulations for each broker, the content in this comparison of freetrade vs FP Markets does not apply to all countries as follows:
freetrade Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, United States of America, and Afghanistan.
FP Markets Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare freetrade vs FP Markets
All online trading platforms has some pros and cons, and a complete review of freetrade and FP Markets would not be regarded as thorough without embracing a balanced approach.
Examine FP Markets and freetrade in order to understand the way these platforms line up against each other prior to you choose to create an account. Performing a side-by-side comparison can put things into perspective to ensure that you are cognizant of what you should anticipate.
So you are looking for a broker and are choosing between freetrade or FP Markets. Which one is best in 2024?
Our freetrade vs FP Markets comparison contains the latest information so you can easily compare FP Markets against freetrade.
If you're a new entrant in the world of trading and brokers, so many details will be perplexing for you. Getting into the world of trading demands expert analyzing skills and thorough understanding. You will get proficient at all the concepts of brokerage as you continue trading. For starters, you have to choose the ideal agent who will 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 lead investment program has the potential to create hefty returns. freetrade and FP Markets are just two such platforms which will take you and your investment to great heights. It is important that you compare freetrade vs FP Markets before you trust them with your money.
Our freetrade vs FP Markets comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust freetrade and FP Markets side by side.
Our full freetrade vs FP Markets Review covers all you need to know about trading with either freetrade or FP Markets. A fantastic agent can multiply your first investments and give you positive profits. If you want to make profits, you must trade with a broker service that aligns with your investing objectives.
There is no sure-fire way to guarantee profits; thus, you should carefully analyze your agent before you select them. It's a frequent misconception that all agents are exactly the same, but that's not correct. Wrong judgment, initially, can put your investments in danger.
freetrade and FP Markets are both brokers which have found their way successfully into the broker world. Within this review, we have tried to collate a number of the vital facets of both freetrade and FP Markets. This review can allow you to understand whether either FP Markets or freetrade is a good match for your investments or not. We've tried to breakdown all the qualities and fees for your advantage.
Benefits of freetrade and FP Markets Compared
freetrade offers a minimum deposit of $0 while FP Markets has a $100 minimum deposit.
Why smaller minimum deposits are good and how freetrade 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.
freetrade allows you to trade around 115 financial instruments while FP Markets has around 115 financial instruments on their platform.
The more instruments you can trade on the freetrade 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 never want to miss out on a trading opportunity due to the limitations of freetrade or FP Markets.
freetrade and FP Markets Contact Details
Being able to contact your broker easily is important. freetrade and FP Markets have the following contact details and social medias that you can use.
|+44 203 488 2539
|+44 28 2544 7780
|68 Hanbury St, London, Greater London E1 5JL, GB
|First Floor, First St. Vincent Bank Ltd Building, James Street, Kingstown, St. Vincent and the Grenadines
|freetrade Twitter Account
|FP Markets Twitter Account
|freetrade Facebook Page
|FP Markets Facebook Page
|freetrade Instagram Account
|FP Markets Instagram Account
|freetrade LinkedIn Page
|FP Markets LinkedIn Page
|freetrade YouTube Channel
|FP Markets YouTube Channel
|Find Out More
FP Markets and freetrade Mobile App Comparison
It is becoming increasingly important for brokers to offer simple-to-use apps that provide the same services as desktop platforms.
This part of comparing freetrade and FP Markets will examine whether their mobile app meets all our requirements.
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.
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 only ever traded US stocks and start typing 'Apple', will the AI show you the Apple stock or the obscure Irish stock Applegreen?
freetrade vs FP Markets - Awards
freetrade have won many industry awards over the time they have been operating as an online trading platform. We show the most recognised awards for freetrade here.
FP Markets have won numerous industry awards over the years they have been operating as an online broker. We show the most notable awards for FP Markets here.
|Find Out More
freetrade vs FP Markets - Frequently Asked Questions
freetrade vs FP Markets - Headquarters And Year Of Founding
freetrade was founded in 2016 and has its headquaters in United Kingdom.
FP Markets was founded in 2005 and has its head office in Australia.
What is the minimum deposit for FP Markets or freetrade
The minimum deposit for freetrade 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 freetrade and FP Markets are a good choice.
freetrade vs FP Markets - Regulation And Licencing In More Detail
freetrade is regulated by Financial Conduct Authority. Registered in England and Wales (no. 09797821).
FP Markets is regulated by Australian Securities and Investment Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC).
Both freetrade and FP Markets have a powerful collection of rules for ensuring fair trading on their platforms. For information encryption purposes, they supply industry-standard secure socket layers (SSL).
In accordance with their privacy regulations, client information is never to be shared with any other institutions or individuals. Including credit history and other financial information.
Compare freetrade vs FP Markets Commission And Fees
freetrade and FP Markets are online broker platforms, and most online brokerages charge lower fees than traditional brokerages tend to charge. The cause of this is that the companies of online trading platforms are scaled much better. That is, an internet broker is not necessarily influenced by the number of clients 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 mainly three types of fees for this purpose.
The first kind of fees to look out for are trading charges. When you make an actual trade, like buying a stock or an ETF, you're billed trading fees. In such instances, you are spending a spread, financing rate, or even a commission. The kinds of trading charges and the prices differ from broker to broker.
Commissions can be fixed or determined by the traded quantity. On the flip side, a spread refers to the gap between the buying and selling cost. Financing or overnight prices are those that are billed when you hold a leveraged position for more than daily.
Aside from trading charges, online agents also bill non-trading fees. These are determined by the activities you undertake on your account. They're billed for surgeries like depositing cash, not investing for long periods, or withdrawals.
In general, neither freetrade or FP Markets charge high fees compared to other online brokers. For operations other agents charge for, they either do not charge a brokerage fee, or they charge a smaller sum. This can be beneficial for those who regularly trade, for example weekly or daily trading.
But, non-trading fees billed by freetrade and FP Markets are comparatively competitive. As a result, you are charged more for non-trading actions on your trading accounts, such as withdrawal and deposits. These aren't about the purchase and sale of resources.
This freetrade vs FP Markets review for 2024 breaks down every one of the applicable non-trading fees for you in detail.
Compare Broker Fees For freetrade And FP Markets
What Languages Do freetrade And FP Markets Support?
Being able to communicate completely with your trading platform is a key element when comparing online brokers to find your perfect broker. Not only for support but to be sure you completely understand everything on their website and inside their application as it is a key factor to success when trading forex.
Here you can find the languages that both freetrade and FP Markets offer communication in.
How Many Clients Do freetrade and FP Markets Have?
Both freetrade and FP Markets are well established with their customer base. It is really important to work with a broker you can trust and one of the most simple ways of establishing this is by knowing how many clients they already work with.
Below you will find details of how many clients freetrade and FP Markets have
|Clients / Users
|Find Out More
What Payment Methods Do freetrade and FP Markets Accept?
freetrade 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 freetrade and FP Markets
What Can You Trade With freetrade and FP Markets?
freetrade offers 115 trading instruments and FP Markets offers 100.
Below you will find a full breakdown of what both freetrade and FP Markets offer.
freetrade vs FP Markets:
Table Of Contents
- Compare freetrade vs FP Markets
- Benefits of freetrade and FP Markets Compared
- FP Markets and freetrade Mobile App Comparison
- freetrade vs FP Markets - Awards
- freetrade vs FP Markets - Frequently Asked Questions
- What is the minimum deposit for FP Markets or freetrade
- freetrade vs FP Markets - Regulation And Licencing In More Detail
- Compare Broker Fees For freetrade And FP Markets
- What Languages Do freetrade And FP Markets Support?
- How Many Clients Do freetrade and FP Markets Have?
- What Payment Methods Do freetrade and FP Markets Accept?
- What Can You Trade With freetrade and FP Markets?