Compare FP Markets vs GrandCapital
What is FP Markets? What is GrandCapital ?
FP Markets is a global contract for differences (CFD) and online retail foreign exchange (Forex) broker established and regulated in Australia since 2005. It offers trading services on over 500 financial assets, including currency pairs, CFDs on stocks, indices, metals, bonds and futures. It also provides access to advanced trading platforms such as MetaTrader 4, MetaTrader 5, IRESS and WebTrader.
GrandCapital is a trading technology provider on the currency and derivatives market since 2006. It has over 500,000 clients worldwide and offers trading services on more than 330 financial instruments, including currency pairs, CFDs on stocks, indices, metals and cryptocurrencies. It also offers investment and copy trading services, as well as various bonuses and promotions.
FP Markets vs GrandCapital 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). It also holds an Australian Financial Services Licence (AFSL) and a Cyprus Investment Firm Licence (CIF). FP Markets is a member of the Financial Ombudsman Service (FOS) in Australia and the Investor Compensation Fund (ICF) in Cyprus.
GrandCapital is regulated by the Financial Commission (Finacom), an independent self-regulatory organization that provides dispute resolution services to traders and brokers. It has been assigned Category A by Finacom, which means that every client is eligible for up to €20,000 from the Compensation Fund in case of a disput. GrandCapital is not regulated by any other authority.
FP Markets vs GrandCapital Trading Assets Comparison
FP Markets offers over 500 financial assets for online trading, including:
- Forex: 60+ currency pairs on MT4
- Shares: More than 10,000 stocks on global exchanges
- Indices: 19 major global indices
- Commodities: Coffee, natural gas, corn and more
- Bonds: US10YR and UK Long Gilt Futures
- Metals: Gold, oil, silver and more
GrandCapital offers more than 330 financial instruments for online trading, including:
- Forex: 50+ currency pairs
- Shares: CFDs on stocks of global corporations
- Indices: CFDs on major global indices
- Commodities: CFDs on metals, oil, gas and agricultural products
- Cryptocurrencies: CFDs on Bitcoin, Ethereum, Litecoin and more
FP Markets vs GrandCapital Trading Fees Comparison
FP Markets charges different fees depending on the account type, platform and asset class. Some of the fees are:
- Spreads: Starting from 0.0 pips on major currency pairs such as EUR/USD, USD/JPY and GBP/USD
- Commissions: Starting from $3 per lot per side on MT4/MT5 accounts and $3.5 per lot per side on IRESS accounts
- Swap rates: Charged or credited for holding positions overnight based on the interest rate differential between the two currencies involved
- Inactivity fee: $10 per month after three months of no trading activity
GrandCapital charges different fees depending on the account type, platform and asset class. Some of the fees are:
- Spreads: Starting from 0.4 pips on major currency pairs such as EUR/USD, USD/JPY and GBP/USD
- Commissions: Starting from $5 per lot per side on ECN accounts and $15 per lot per side on Crypto accounts
- Swap rates: Charged or credited for holding positions overnight based on the interest rate differential between the two currencies involved
- Inactivity fee: None
FP Markets vs GrandCapital Account Types Comparison
FP Markets offers six account types for different trading styles and preferences:
- Standard MT4/MT5: A commission-free account with variable spreads starting from 1.0 pips and a minimum deposit of $100
- Raw MT4/MT5: A commission-based account with tight spreads starting from 0.0 pips and a minimum deposit of $100
- Standard IRESS: A commission-free account with variable spreads starting from 0.8 pips and a minimum deposit of $1,000
- Platinum IRESS: A commission-based account with tight spreads starting from 0.3 pips and a minimum deposit of $25,000
- Premier IRESS: A commission-based account with tight spreads starting from 0.0 pips and a minimum deposit of $50,000
- Islamic: A swap-free account for Muslim traders with variable spreads and commissions depending on the platform and asset class
GrandCapital offers six account types for different trading styles and preferences:
- Standard: A commission-free account with variable spreads starting from 1.0 pips and a minimum deposit of $100
- Micro: A commission-free account with fixed spreads starting from 2.0 pips and a minimum deposit of $10
- ECN: A commission-based account with tight spreads starting from 0.4 pips and a minimum deposit of $500
- Crypto: A commission-based account with variable spreads starting from 15.0 pips and a minimum deposit of $100
- Swap Free: A swap-free account for Muslim traders with variable spreads and commissions depending on the asset class
- MT5: A commission-free account with variable spreads starting from 0.6 pips and a minimum deposit of $100
FP Markets vs GrandCapital Deposit Options Comparison
FP Markets offers various deposit and withdrawal options for its clients, including:
- Bank wire transfer: Available in AUD, USD, EUR, GBP, SGD, HKD, NZD, CHF, JPY and CAD
- Credit/debit cards: Available in AUD, USD, EUR, GBP, SGD and NZD
- E-wallets: Available in AUD, USD, EUR, GBP, SGD and NZD (Neteller, Skrill, FasaPay, Ngan Luong, Online Pay)
- Broker-to-broker transfer: Available in AUD, USD, EUR, GBP, SGD and NZD
GrandCapital offers various deposit and withdrawal options for its clients, including:
- Bank wire transfer: Available in USD and EUR
- Credit/debit cards: Available in USD and EUR (Visa, Mastercard)
- E-wallets: Available in USD and EUR (Neteller, Skrill, FasaPay, Perfect Money, WebMoney)
- Cryptocurrencies: Available in BTC, ETH, LTC and USDT
FP Markets vs GrandCapital Trading Platforms Comparison
FP Markets offers four trading platforms for its clients to access the financial markets:
- MetaTrader 4 (MT4): The most popular trading platform in the world with advanced charting tools, indicators, expert advisors and automated trading features
- MetaTrader 5 (MT5): The next-generation trading platform with more instruments, order types, timeframes and analytical tools than MT4
- IRESS: A web-based trading platform with direct market access (DMA), advanced order management and execution features
- WebTrader: A browser-based trading platform that allows clients to trade without downloading any software
GrandCapital offers three trading platforms for its clients to access the financial markets:
- MetaTrader 4 (MT4): The most popular trading platform in the world with advanced charting tools, indicators, expert advisors and automated trading features
- MetaTrader 5 (MT5): The next-generation trading platform with more instruments, order types, timeframes and analytical tools than MT4
- Grand Trade: A mobile trading app that allows clients to trade on the go from their smartphones or tablets
FP Markets vs GrandCapital Analytical Tools Comparison
FP Markets provides various analytical tools for its clients to enhance their trading performance and decision making:
- Economic calendar: A tool that displays the upcoming economic events and their impact on the financial markets
- Trading signals: A tool that provides buy or sell recommendations based on technical analysis
- Market analysis: A tool that provides daily market commentary and insights from FP Markets’ experts
- Trading calculators: A tool that helps clients calculate various trading parameters such as margin, pip value, swap rates and more
GrandCapital provides various analytical tools for its clients to enhance their trading performance and decision making:
- Economic calendar: A tool that displays the upcoming economic events and their impact on the financial markets
- Trading signals: A tool that provides buy or sell recommendations based on technical analysis
- Market analysis: A tool that provides daily market commentary and insights from GrandCapital’s experts
- Investment portfolios: A tool that helps clients create diversified sets of assets expected to yield high profits
FP Markets vs GrandCapital . 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. Both FP Markets and GrandCapital have their own advantages and disadvantages. You should consider various factors like regulations, fees, assets, platforms, tools and customer service before choosing a forex broker. You may also want to try their demo account to test out their services and features before opening a real account. Ultimately, the best forex broker for you is the one that fits your needs and expectations.
