Compare FP Markets vs ForexMart
What is FP Markets? What is ForexMart ?
FP Markets is a global contract for differences (CFD) and online retail foreign exchange (Forex) broker established and regulated in Australia since 2005. ForexMart is an online Forex broker that offers trading in FX, Crypto, Gold and Stocks with low spreads.
FP Markets vs ForexMart Regulation Comparison
FP Markets is regulated by the Australian Securities and Investment Commission (ASIC), the Cyprus Securities and Exchange Commission (CySEC), and the European Securities and Markets Authority (ESMA). ForexMart is regulated by CySEC and operates under the EU’s Markets in Financial Instruments Directive (MiFID).
FP Markets vs ForexMart Trading Assets Comparison
FP Markets offers trading in over 100+ instruments, including Forex, Shares, Indices, Commodities, Metals, Bonds and Futures. ForexMart offers trading in FX, Crypto, Gold and Stocks.
FP Markets vs ForexMart Trading Fees Comparison
FP Markets claims to offer consistently low spreads from 0.0 pips on major currency pairs such as the EUR/USD, USD/JPY and GBP/USD. ForexMart also claims to offer zero spreads on some instruments. Both brokers charge commissions on some account types and offer swap-free accounts for Islamic traders.
FP Markets vs ForexMart Account Types Comparison
FP Markets offers four account types: Standard, Raw, Raw Plus and IRESS. ForexMart offers two account types: Classic and Pro. The minimum deposit for FP Markets is $100 for Standard and Raw accounts, $50,000 for Raw Plus account and $1,000 for IRESS account. The minimum deposit for ForexMart is $15 for Classic account and $200 for Pro account.
FP Markets vs ForexMart Deposit Options Comparison
FP Markets supports various deposit and withdrawal methods, including credit/debit cards, bank transfers, e-wallets, local bank transfers and cryptocurrencies. ForexMart supports credit/debit cards, bank transfers, e-wallets and local bank transfers. Both brokers do not charge deposit fees but may charge withdrawal fees depending on the method.
FP Markets vs ForexMart Trading Platforms Comparison
FP Markets offers MetaTrader 4 (MT4), MetaTrader 5 (MT5), IRESS, WebTrader and mobile apps for iPhone and Android devices. ForexMart offers MT4, WebTrader and mobile apps for iPhone and Android devices.
FP Markets vs ForexMart Analytical Tools Comparison
FP Markets provides various analytical tools for traders, such as economic calendar, market news, trading signals, technical analysis reviews, VPS solutions and copy trading. ForexMart also provides economic calendar, market news, trading signals, technical analysis reviews and copy trading.
FP Markets vs ForexMart . Which forex broker is better? Which forex broker should you choose?
Choosing a forex broker depends on your personal preferences, trading goals, risk appetite and other factors. You should compare the features, benefits and drawbacks of each broker and decide which one suits you best. You can also read reviews from other traders or consult with a professional adviser before making a decision. Ultimately, the choice is yours.
