FP Markets is a global forex and CFD broker that was established in 2005 and is regulated by the ASIC in Australia, the CySEC in Cyprus and registered in Saint Vincent and the Grenadines. It offers access to over 10,000 financial instruments, including forex, shares, metals, commodities, indices, crypto and ETFs. It provides various trading platforms, such as MetaTrader 4, MetaTrader 5, WebTrader and FP Markets Trading App.
Weltrade is a forex and CFD broker that was founded in 2006 and is regulated by the IFSC in Belize. It offers over 50 currency pairs, as well as metals, oil, indices and crypto. It supports MetaTrader 4, MetaTrader 5 and WebTrader platforms.
FP Markets vs Weltrade Regulation Comparison
Broker
Regulator
License Number
FP Markets
ASIC (Australia)
AFSL 286354
FP Markets
CySEC (Cyprus)
371/18
FP Markets
SVG FSA (Saint Vincent and the Grenadines)
N/A
Weltrade
IFSC (Belize)
IFSC/60/350/TS/19-20
FP Markets vs Weltrade Trading Assets Comparison
Broker
Forex Pairs
Shares CFDs
Metals CFDs
Commodities CFDs
Indices CFDs
Crypto CFDs
ETF CFDs
FP Markets
Over 60
Over 10,000
Gold, Silver, Platinum, Palladium
Oil, Gas, Coffee, Sugar, Cotton
Over 15
Bitcoin, Ethereum, Litecoin, Ripple
Over 10
Weltrade
Over 50
N/A
Gold, Silver
Oil
Over 10
Bitcoin, Ethereum, Litecoin, Ripple
N/A
FP Markets vs Weltrade Trading Fees Comparison
Broker
Spreads (from)
Commissions (from)
FP Markets (Standard Account)
0.0 pips on EUR/USD
N/A
FP Markets (Raw Account)
0.0 pips on EUR/USD
$3 per lot per side on MT4/MT5; $3.50 per lot per side on Iress
Weltrade (Micro Account)
1.0 pips on EUR/USD
N/A
Weltrade (Premium Account)
0.5 pips on EUR/USD
N/A
Weltrade (Pro Account)
0.0 pips on EUR/USD
$8 per lot per side on MT4; $10 per lot per side on MT5
FP Markets vs Weltrade Account Types Comparison
Broker
Account Types
FP Markets (MT4/MT5)
Standard Account; Raw Account; Islamic Account; Demo Account
FP Markets (Iress)
Standard Account; Platinum Account; Premier Account; Demo Account
Bank Wire Transfer ($12.5); Credit/Debit Card (N/A); Neteller/Skrill (N/A); PayPal (N/A); POLi (N/A); BPAY (N/A); FasaPay (N/A); Paytrust88 (N/A); Ngan Luong (N/A); Broker to Broker Transfer (N/A); Online Pay (N/A)
Bank Wire Transfer ($25); Credit/Debit Card (N/A); Neteller/Skrill (2%); PayPal (2%); POLi (N/A); BPAY (N/A); FasaPay (0.5%); Paytrust88 ($10 + 1.5%); Ngan Luong ($10 + 1.5%); Broker to Broker Transfer (N/A)
FP Markets vs Weltrade . Which forex broker is better? Which forex broker should you choose?
Different brokers may have different advantages and disadvantages depending on your goals, preferences and trading strategy. Finally, you can do your own research and compare each broker’s features, fees, platforms and products and decide which broker meets your expectations and requirements better.
