Compare forex brokers FP Markets VS Trading Point Of Financial Instruments

If you're choosing between FP Markets and Trading Point Of Financial Instruments forex brokers, we've compared hundreds of data points side-by-side to make finding the right broker for you easier. Is FP Markets better than Trading Point Of Financial Instruments? After assessing the two forex brokers on nearly 50 different variables, we would be able to get into an informed conclusion.

FP MARKETS VS TRADING POINT OF FINANCIAL INSTRUMENTS

FP Markets
FP Markets Overview

FP Markets is an Australian online brokerage firm that is regulated by ASIC. FP Markets offers clients with true ECN spreads on its sophisticated platforms.

Trading Point of Financial Instruments
Trading Point of Financial Instruments Overview

Back in July Trading Point Group, which also operates XM, one of the leading brokers on the forex market, launched Trading.com. Currently the new brand is available only to European customers under a UK license, but latter when the process of obtaining a US license from the National Futures Association (NFA) is finalized, Trading.com will be introduced cross the Atlantic as well.

# Broker's Features FP MARKETS Availability TRADING POINT OF FINANCIAL INSTRUMENTS Availability
# Commissions
# Hedging
# PAMM
# Scalping
# Accepts US traders
# 24 hour trading
# Swaps
# Demo account
# Daily analysis
# Automated trading
# Mobile trading
# Trading by phone
# 1st deposit bonus
# Forex contests competitions
# Bonuses Promotions
# Interest charges on the balance
# Free education
# Expert advisors
# Partnership programs
# Trust management
# 24 hour support

The variety of online brokers on the internet is very huge, so it is necessary to do a transparent review and comparison of the companies. After spending several days researching different forex brokers for trading FX, our team at onlineforextrading.net team collected over 50 data points. For this review, we will compare FP Markets vs Trading Point Of Financial Instruments.

Financial Trading and Investment Services: First of all, you should know which financial instrument you want to trade and then searching for the right broker. This can be stocks, forex, CFDs, cryptocurrencies or options. FP Markets offers Online Financial Trading and Investment Services Such as IRESS DMA Equities 10,000+, while Trading Point Of Financial Instruments offers CFDs on Forex, Stocks, Indices, Metals, Commoditie.

Broker Type: Many types of brokers can be found in the most dynamic market in the world. FP Markets is ECN, STP, while Trading Point Of Financial Instruments is Broker.

Minimum Deposit Requirement: To compare these two FX brokers, we will then take a look at how much is required as a basic minimum to open an account. You need to consider how much money you can spare to start off a Forex brokerage. FP Markets recommended minimum capital is 100, while Trading Point Of Financial Instruments has a Minimum Deposit Requirement of 5.

Is the Forex broker regulated? Commissions and fees aside, let's take a look at regulation. Trust is critical, and you should highly consider choosing a broker that regulated in a major hub. FP Markets is regulated by ASIC, while Trading Point Of Financial Instruments regulated by FCA. For our reviews, official regulation of an official financial authoritarian is required. Brokers have to fulfill certain conditions to get these licenses. In order to violate the rules, they would lose their license and a lot of money.

Account currencies: Next lets consider the Account currencies each broker offers. FP Markets offers USD, AUD, CAD, CHF, EUR, GBP, HKD, JPY, NZD, SGD different account currencies for each account types, while Trading Point Of Financial Instruments offers EUR, USD, GBP, CHF, AUD, PLN, HUF account currencies.

Languages Available: Next lets have a look at each broker's different Language options. FP Markets offers English, Spanish, Italian, Portuguese, German, Fre, while Trading Point Of Financial Instruments offers Czech, Dutch, English, French, German, Hungarian, Customer Support Languages.

Payment methods: Next lets have a look at each broker's payment options. FP Markets offers Bank Wire Transfer, Credit/Debit Cards, Debit Card, Skrill, Netell different payment methods for each account types, while Trading Point Of Financial Instruments offers Bank Wire Transfer, VISA, MasterCard, Local Bank Transfers, payment methods.

Trading platforms: Next, let's look at the tools and features fx traders desire. With trading platforms, FP Markets makes MT4, MT5, WebTrader and IRESS available to clients, while Trading Point Of Financial Instruments offers MT5, WebTrader.

The Verdict: FP Markets or Trading Point Of Financial Instruments?

There’s no such thing as a perfect broker, but some are going to be a better fit for you than others.

Objectively, FP Markets is more reliable based on our criteria above. FP Markets has a wider range of instruments to trade giving you the flexibility to get access and exposure to a wide range of markets. FP Markets offers a wider range of platforms making it easier for the traders to choose one that matches their needs most. FP Markets offers a wider range of Account currencies. Why does base currencies matter? Because if you fund your account in the same currency as your bank account, currency conversion fees won't be charged. As FP Markets offer STP execution, you can expect tighter spreads with more transparency over the price you‘re paying to execute your trades.

What We Really Like on FP Markets

FP Markets offers very low forex fees. The account opening is exceptionally easy and fast. From demo account to Ebooks you will find many high-quality educational tools.

What We’d Like More on FP Markets

The stock CFD fees are quite high. The product portfolio is limited, only CFD, forex, crypto, and stocks on the ASX are offered. With FP Markets you will not have any investor and negative balance protection.

Finally, if you're really not sure you can always use our free tool (takes 15 seconds) that will help you find a suitable Personalised Broker based on your precise requirements here.

Are you Satisfied with what They Offer?