Compare FP Markets vs FXGiants
What is FP Markets? What is FXGiants ?
FP Markets is an ASIC- and CySEC-regulated broker that offers forex and CFD trading on a broad range of assets through the MT4, MT5 and IRESS platforms. FXGiants is a top trading provider, offering a breadth of assets on the MT4 platform.
FP Markets vs FXGiants Regulation Comparison
FP Markets is regulated by the Australian Securities and Investments Commission (ASIC) and the Cyprus Securities and Exchange Commission (CySEC), while FXGiants is regulated by the Financial Conduct Authority (FCA) and ASIC. Both brokers have high standards of oversight and customer protection, but FP Markets has an advantage in terms of global reach and access to European markets.
FP Markets vs FXGiants Trading Assets Comparison
FP Markets has one of the fullest asset lists on the market, with trading available on thousands of international stocks, forex, indices, commodities, cryptocurrencies, bonds and ETFs. FXGiants also offers a wide range of assets, including forex, CFDs, indices, shares, commodities and futures. However, FP Markets has more variety and depth in terms of asset classes and instruments.
FP Markets vs FXGiants Trading Fees Comparison
FP Markets offers two types of accounts: standard and raw spread. The standard account has no commission but wider spreads, while the raw spread account has tight spreads but charges a commission of $3 per lot per side. FXGiants also offers two types of accounts: live fixed spread and live floating spread. The live fixed spread account has fixed spreads but charges a commission of $18 per lot round turn, while the live floating spread account has variable spreads but no commission. Both brokers have competitive pricing, but FP Markets may have an edge in terms of lower commissions and tighter spreads on the raw spread account.
FP Markets vs FXGiants Account Types Comparison
FP Markets offers four types of accounts: standard, raw spread, IRESS standard and IRESS premier. The standard and raw spread accounts are suitable for MT4 and MT5 users, while the IRESS accounts are designed for traders who want to use the advanced IRESS platform. The IRESS accounts have a minimum deposit of $1000 and charge a monthly subscription fee of $55. FXGiants offers three types of accounts: live fixed spread, live floating spread and live zero fixed spread. The live zero fixed spread account has zero spreads but charges a commission of $20 per lot round turn. It also has a minimum deposit of $500. Both brokers offer demo accounts, Islamic accounts and MAM/PAMM accounts for money managers.
FP Markets vs FXGiants Deposit Options Comparison
FP Markets supports a variety of payment methods, including credit cards, wire transfer, PayPal, Skrill, Neteller, FasaPay, Perfect Money, MoneyGram and Finrax. FXGiants also supports multiple payment options, including credit cards, wire transfer, Neteller, Visa and Mastercard. Both brokers do not charge any deposit fees, but FP Markets may charge withdrawal fees for some payment types.
FP Markets vs FXGiants Trading Platforms Comparison
FP Markets offers three trading platforms: MT4, MT5 and IRESS. MT4 and MT5 are popular platforms that support automated trading, custom indicators and expert advisors. IRESS is a sophisticated platform that offers advanced charting, order management and market analysis tools. FXGiants only offers one trading platform: MT4. MT4 is a reliable and user-friendly platform that also supports automated trading and customisation. Both brokers provide mobile apps for iOS and Android devices.
FP Markets vs FXGiants Analytical Tools Comparison
FP Markets provides a range of additional tools and features for traders, including educational resources, market news, economic calendar, Myfxbook, Autochartist and Trading Central. FXGiants also offers some analytical tools for traders, such as market news, economic calendar and trade signals. However, FP Markets has more comprehensive and diverse tools that can enhance the trading experience.
FP Markets vs FXGiants . Which forex broker is better? Which forex broker should you choose?
Choosing the right broker depends on your personal preferences, trading goals and risk appetite. However, you can see that FP Markets and FXGiants have some similarities and differences in terms of regulations, assets, fees, accounts, platforms and tools. You may want to consider these factors when making your decision. You may also want to try their demo account or read some of the user reviews to better understand their service and performance. Ultimately, the best forex broker for you is the one that meets your needs and expectations.