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FP Markets Alternatives

May 09, 2022
Last modified May 23, 2022

Here are the top nine alternatives to FP Markets.

Whether you are just starting on your trading journey, or simply in the market for a new broker, we’re here to help.

There are a lot of brokers out there, and our Alternatives tool is designed to give you options; pick any broker, and we can show you other highly rated brokers that offer a similar range of features.

Trust Score Year Founded Publicly Traded (Listed) MetaTrader 4 (MT4) MetaTrader 5 (MT5) Proprietary Platform Social Trading / Copy Trading Tradeable Symbols (Total) Forex Pairs (Total) Average Spread EUR/USD - Standard All-in Cost EUR/USD - Active
82 2005 No Yes Yes Yes Yes 9790 63 1.2 (September 2021) 0.7 (September 2021)

Best Broker Alternatives for FP Markets

We’ve researched the best brokers in the business, collecting thousands of data points along the way. Using our proprietary research and data collection methods, we’ve determined that the following brokers are the best alternatives for FP Markets:

  • FP Markets - 7.9/10 Overall
Overall Rating
7.9 / 10
Minimum Deposit
$100 AUD
Trust Score
Trust Score is a numerical rating (from 1 - 99) that represents a broker's overall trust.close
Cost & Fundingexpand_moreexpand_less
Average Spread EUR/USD - Standard1.2 (September 2021)
All-in Cost EUR/USD - Active0.7 (September 2021)
PayPal (Deposit/Withdraw)Yes
Skrill (Deposit/Withdraw)Yes
Visa/Mastercard (Credit/Debit)Yes
Year Founded2005
Publicly Traded (Listed)No
Tier-1 Licenses1
Tier-2 Licenses1
Investment Optionsexpand_moreexpand_less
Forex TradingNo
Trading - Forex or CFDsYes
Tradeable Symbols (Total)9790
Forex Pairs (Total)63
Trading Platformsexpand_moreexpand_less
Virtual Trading (Demo)Yes
MetaTrader 4 (MT4)Yes
MetaTrader 5 (MT5)Yes
Proprietary PlatformYes
Social Trading / Copy TradingYes
Charting - Indicators / Studies (Total)30
Apps & Toolsexpand_moreexpand_less
Android AppYes
Apple iOS AppYes
Has Education - Forex or CFDsYes
Daily Market CommentaryYes
Forex News (Top-Tier Sources)Yes
Economic CalendarYes

About the Author

At BrokerNotes, our mission is to simplify the process of finding and comparing reputable brokers online. To achieve this, we follow a three-step process. For a broker to be eligible to be listed on our website, they must pass three tests designed to eliminate brokers that may not be reliable or trustworthy.