Who’s the king of the Forex arena in 2023: FP Markets or EasyMarkets? The quick answer? It depends on what you’re looking for, but here’s the breakdown:
Key Takeaways
→FP Markets excels in offering advanced trading tools and wide asset choices. |
→EasyMarkets shines with its excellent risk management features and user-friendly interface. |
→Both platforms have their pros and cons, suiting various trading styles and preferences. |
By Bart Bregman
Fact checked: by Shrijan Dangol
Our broker rankings are based on thorough research and analysis. We put a strong emphasis on transparency, regulatory oversight, and client feedback.
(Data
last updated:
14-09-2023)
🏢Company Background:
Data | EasyMarkets | FP Markets |
---|---|---|
Regulatory Compliance? | Yes | Yes |
Publicly traded company? | No | No |
Does it offer banking services? | No | No |
Year Founded | 2001 | 2005 |
Country headquarters | Cyprus | Australia |
Website Language Options | en, ar, es, pol, chi | en, ar, de, es, fr, po, ru, viet, mal, it |
Separate Client Funds? | Yes | Yes |
Non-ESMA Branches Available? | Yes | No |
EU Clients Accepted? | Yes | Yes |
US Clients Accepted? | No | No |
Canadian Clients Accepted? | Yes | No |
➤ Elite Signals | Stock, Crypto, & Forex
Type of assets offered:
Data | EasyMarkets | FP Markets |
---|---|---|
Forex (e.g. USDJPY or EURGBP) | Yes | Yes |
Options and futures (S&P500 Futures or Crude Oil Futures) | No | Yes |
Funds Van(ARK invest or BlackRock Equity Dividend) | No | No |
CFDs (Google Share in CFD form) | Yes | Yes |
Cryptos (BTC or ETH) | Yes | Yes |
Stocks and ETFs (TESL or AAPL) | Yes | Yes |
Commodities (Gold or Silver market) | Yes | Yes |
Beginner-friendly (demo-account access) | Yes | Yes |
Advanced /pro (High-frequency trading, algorithmic trading) | Yes, MT4/MT5 for Algo trading No API for HFT | Yes, MT4/MT5 for Algo trading |
Binary option (note this is non-regulated trading, considers EXTREME risk) |
🏛️Tier 1 Regulatory Bodies:
Data | EasyMarkets | FP Markets |
---|---|---|
FSA (Financial Services Authority) | (Body replaced by(FCA) in 2013) | (Body replaced by(FCA) in 2013) |
FCA (Financial Conduct Authority) | No | No |
MAS (Monetary Authority of Singapore) | No | No |
FINMA (Swiss Financial Market Supervisory Authority) | No | No |
CFTC (Commodity Futures Trading Commission) | No | No |
MIFID-ESMA (Markets in Financial Instruments Directive) | Yes | Yes |
ASIC (Australian Securities and Investments Commission) | Yes | Yes |
IIROC (Investment Industry Regulatory Organization of Canada) | No | No |
SFC (Securities and Futures Commission) | No | No |
🏛️Tier 2 Regulatory Authorities:
Data | EasyMarkets | FP Markets |
---|---|---|
FMA (Financial Markets Authority) | No | No |
CBR (Central Bank of Russia) | No | No |
FSCA (Financial Sector Conduct Authority) | No | Yes |
SEC (Securities and Exchange Commission) | No | No |
DFSA (Dubai Financial Services Authority) | No | No |
CBRC (China Banking Regulatory Commission) | No | No |
CySEC (Cyprus Securities and Exchange Commission) | Yes | Yes |
ISA (Israel Securities Authority) | No | No |
🏛️Tier 3 Regulatory Oversight:
Data | EasyMarkets | FP Markets |
---|---|---|
Offshore Regulators | No | No |
MMA (Maldives Monetary Authority) | No | No |
EDR (External Dispute Resolution) | No | No |
FSA (Seychelles Financial Services Authority) | No | No |
SCB (Securities Commission of The Bahamas) | No | No |
FSC (Financial Services Commission, Mauritius) | No | No |
VFSC (Vanuatu Financial Services Commission) | No | No |
IFSC (International Financial Services Commission, Belize) | No | No |
CIMA (Cayman Islands Monetary Authority) | No | No |
SVG (St. Vincent & Grenadines Financial Services Authority) | No | No |
FSRC (Financial Services Regulatory Commission, St. Kitts & Nevis) | No | No |
BMA (Bermuda Monetary Authority) | No | No |
BVI (British Virgin Islands Financial Services Commission) | No | No |
Max Leverage Options:
Data | EasyMarkets | FP Markets |
---|---|---|
Leverage for Non-EU Clients | 200:1 | 500:1 |
European Leverage Limits | 30:1 | 30:1 |
Leverage in Australia | 200:1 | 30:1 |
US Leverage Restrictions | 0 | 0 |
Canadian Leverage Rules | 200:1 | 0 |
📂Account Offerings:
Data | EasyMarkets | FP Markets |
---|---|---|
Demo Account Access | Yes | Yes |
Expiration of Demo Accounts | Yes | No |
Account Currency Choices | EUR, USD | EUR, USD |
Standard Accounts | Yes | Yes |
Micro-lots Accounts | Yes | Yes |
Low-cost Account (nano lots) | Yes | No |
Variable Spread Accounts | No | Yes |
Fixed Spread Accounts | Yes | No |
Zero Spread Accounts | No | No |
ECN Accounts | No | Yes |
Swap-Free Accounts | Yes | No |
Islamic Accounts | Yes | No |
Professional Trading Accounts | Yes | No |
Active Trader Rewards Program | Yes | No |
💰Deposits and Withdrawals:
Data | EasyMarkets | FP Markets |
---|---|---|
Minimum Deposit Requirements | No | 100 |
Minimum Withdrawal Limits | No | No |
Credit Card Options | Yes | Yes |
Bank Transfer Availability | No | Yes |
PayPal Support | No | Yes |
Neteller Integration | Yes | Yes |
Skrill Compatibility | Yes | No |
Additional Payment Methods | Credit Card, Neteller, Skrill | Bank Transfer, Credit Card ,Neteller |
Deposit Processing Time | instant | 1 business day |
Withdrawal Processing Time | 1-5 business days | 1 business day |
Fees and Charges:
Data | EasyMarkets | FP Markets |
---|---|---|
Deposit-related Fees | No | Yes |
Commissions on Withdrawals | No | No |
Overnight/Swap Charges | Yes | Yes |
Account Inactivity Fees | No | No |
Currency Conversion Costs | No | Yes |
Are bonus Programs Available? | Yes | No |
Security Protocols and Measures:
Data | EasyMarkets | FP Markets |
---|---|---|
(2FA) available? | Yes | Yes |
(SSL) security? | Yes | Yes |
(AML) Policy Compliance | Yes | Yes |
Know Your Customer (KYC) | Yes | Yes |
🌐Brand Influence:
Data | EasyMarkets | FP Markets |
---|---|---|
Twitter Follower Counts | 20.9K | 4935 |
💹Forex Fixed Spreads:
Data | EasyMarkets | FP Markets |
---|---|---|
EUR/GBP Spread Range | 1.5 | No |
EUR/USD Spread Range | 1 | No |
USD/JPY Spread Range | 2 | No |
GBP/USD Spread Range | 1.7 | No |
USD/CHF Spread Range | 2 | No |
AUD/USD Spread Range | 1.2 | No |
USD/CAD Spread Range | 2 | No |
NZD/USD Spread Range | 2.3 | No |
Trade Execution Methods:
Data | EasyMarkets | FP Markets |
---|---|---|
Direct Market Access (DMA) | No | Yes |
Straight Through Processing (STP) | No | Yes |
Electronic Communication Network (ECN) Execution | No | Yes |
Market Maker Model | Yes | Yes |
Non-Dealing Desk (NDD) Approach | No | Yes |
First In, First Out (FIFO) Rule Application | No | No |
4-Digit Decimal Pricing | Yes | Yes |
5-Digit Decimal Pricing | Yes | Yes |
Order Types & Tools:
Data | EasyMarkets | FP Markets |
---|---|---|
Stop Loss Orders | Yes | Yes |
Take Profit Orders | Yes | Yes |
Limit Orders | Yes | Yes |
Fill or Kill (FOK) Orders | Yes | Yes |
Trailing Stop Orders | Yes | Yes |
Margin Call Alerts | Yes | Yes |
One Cancels Other (OCO) Orders | No | No |
Guaranteed Stop Loss Orders | No | No |
Negative Balance Protection Measures | Yes | Yes |
Minimum Trade Sizes | 0.001 lots | 0.01 lots |
Maximum Trade Sizes | 100 lots | 100 lots |
Available Asset Classes:
Data | EasyMarkets | FP Markets |
---|---|---|
Forex Currency Pairs | 135 | 70 |
Cryptocurrencies | 135 | 60 |
Commodities | 32 | 18 |
Equities | - | - |
Market Indices | 15 | 11 |
Exchange-Traded Funds (ETFs) | No | No |
Futures Contracts | No | No |
Options Contracts | 30 | No |
Bonds | No | No |
Metals | 20 | 4 |
Agricultural Products | 7 | No |
Energy Resources | 5 | 3 |
Interest Rates | No | No |
Penny Stocks | No | No |
Initial Public Offerings (IPOs) | No | No |
Asset Blends | No | No |
Dow Jones Index | No | No |
FTSE 100 Index | Yes | Yes |
DAX Index | Yes | Yes |
Nikkei 225 Index | Yes | Yes |
Gold Market Trading | Yes | Yes |
Special Account Features:
Data | EasyMarkets | FP Markets |
---|---|---|
Multi-Account Manager (MAM) | No | Yes |
Percentage Allocation Money Management (PAMM) | No | Yes |
Social Trading Integration | No | No |
Copy Trading Support | No | Yes |
Lot Allocation Money Management (LAMM) | No | No |
Supported Trading Techniques:
Data | EasyMarkets | FP Markets |
---|---|---|
Scalping Strategies | Yes | Yes |
Hedging Techniques | Yes | Yes |
Spread Betting Opportunities | No | No |
Automated Expert Advisor (EA) Integration | Yes | Yes |
Virtual Private Server (VPS) Options | No | Yes |
Application Programming Interface (API) Support | Yes | Yes |
Trading Tools and Features:
Data | EasyMarkets | FP Markets |
---|---|---|
One-Click Trade Execution | Yes | Yes |
Signal Trading Availability | No | Yes |
Price Alert Notifications | Yes | Yes |
Number of Chart Indicators Offered | 51 | 51 |
Number of Chart Drawing Tools Provided | 31 | 31 |
Direct Trading From Charts | Yes | Yes |
Customizable Watchlist | Yes | Yes |
Mobile Trading Compatibility:
Data | EasyMarkets | FP Markets |
---|---|---|
Android App | Yes | Yes |
iOS App | Yes | Yes |
Windows Mobile App | Yes | No |
Mobile Trading Signal Integration | Yes | Yes |
App for Smartwatches | No | No |
Forex Mobile Trading | Yes | Yes |
CFD Mobile Trading | Yes | Yes |
Alert Notifications on Mobile Devices | Yes | Yes |
Mobile Charting and Drawing Tools | Yes | Yes |
Languages Supported on Mobile App | en, ar, es, pol, chi | en, chi |
Watchlist Feature on Mobile App | Yes | Yes |
Commodity Offerings:
Data | EasyMarkets | FP Markets |
---|---|---|
Crude Oil Trading | 3 | 0.03 |
Natural Gas Trading | 50 | No |
Silver Markets | 300 | 0.01 |
Platinum Trading | 250 | No |
Copper Trading | 40 | No |
Soybean Contracts | 100 | No |
Corn Markets | 180 | No |
Gold Markets | 35 | 0.78 |
Lithium Markets | Yes | Yes |
Stock Trading Fees:
Data | EasyMarkets | FP Markets |
---|---|---|
Apple Shares | $0-$2.50 | $0-$2.50 |
Amazon (AMZN) Shares | $0-$2.50 | $0-$2.50 |
Invidia Shares | $0-$2.50 | $0-$2.50 |
META Shares | $0-$2.50 | $0-$2.50 |
Ford Motor Co Shares | $0-$2.50 | $0-$2.50 |
Alphabet (GOOGL) Shares | $0-$2.50 | $0-$2.50 |
BP Shares | $0-$2.50 | $0-$2.50 |
Tesco Shares | $0-$2.50 | $0-$2.50 |
Barclays Shares | $0-$2.50 | $0-$2.50 |
Lloyds Shares | $0-$2.50 | $0-$2.50 |
Adobe (ADBE) Shares | $0-$2.50 | $0-$2.50 |
Microsoft (MSFT) Shares | $0-$2.50 | $0-$2.50 |
Nvidia (NVDA) Shares | $0-$2.50 | $0-$2.50 |
Index Trading Fees:
Data | EasyMarkets | FP Markets |
---|---|---|
FTSE 100 Fee Structure | 2.2 | 1.65 |
S&P 500 Fee Structure | 0.5 | 0.54 |
Dow Jones Fee Structure | 3 | 3.56 |
Nasdaq Fee Structure | 1.5 | 1.56 |
CAC 40 Fee Structure | 1.5 | 1.96 |
DAX 30 Fee Structure | 1.8 | 1.73 |
Nikkei 225 Fee Structure | 10 | 8.74 |
Euro Stoxx 50 Fee Structure | 2 | 2 |
Cryptocurrency Trading Fees: Maker-Taker-Spread
Data | EasyMarkets | FP Markets |
---|---|---|
Bitcoin Fees | 0.10%, 0.10%, Up to 3.5% | 0.03%, 0.06%, Up to 2% |
Ethereum Fees | 0.10%, 0.10%, Up to 3.5% | 0.03%, 0.06%, Up to 2% |
Ripple Fees | 0.10%, 0.10%, Up to 3.5% | 0.03%, 0.06%, Up to 2% |
Binance Coin Fees | 0.10%, 0.10%, Up to 3.5% | 0.03%, 0.06%, Up to 2% |
Cardano Fees | 0.10%, 0.10%, Up to 3.5% | 0.03%, 0.06%, Up to 2% |
Solana Fees | 0.10%, 0.10%, Up to 3.5% | 0.03%, 0.06%, Up to 2% |
Polygon Fees | 0.10%, 0.10%, Up to 3.5% | 0.03%, 0.06%, Up to 2% |
Dogecoin Fees | 0.10%, 0.10%, Up to 3.5% | 0.03%, 0.06%, Up to 2% |
Chainlink (LINK) Fees | 0.10%, 0.10%, Up to 3.5% | 0.03%, 0.06%, Up to 2% |
Polkadot (DOT) | 0.10%, 0.10%, Up to 3.5% | 0.03%, 0.06%, Up to 2% |
Avalanche (AVAX) | 0.10%, 0.10%, Up to 3.5% | 0.03%, 0.06%, Up to 2% |
Available Trading Platforms:
Data | EasyMarkets | FP Markets |
---|---|---|
cTrader Desktop App | No | No |
cTrader Web Interface | No | No |
Mirror Trader Platform | No | No |
ZuluTrade Integration | No | No |
MT4 Desktop Interface | No | Yes |
MT4 Web Platform | No | Yes |
MT5 Desktop App | No | Yes |
MT5 Web Interface | No | Yes |
Tradingview | No | No |
Proprietary Desktop Software | No | Yes |
Proprietary Web-based Platform | Yes | No |
Mac-Compatible Platform Options | No | Yes |
Sirix Trading Platform | No | No |
Education Resources:
Data | EasyMarkets | FP Markets |
---|---|---|
Education Offerings | Yes | Yes |
Webinar Offerings | No | Yes |
Platform Tutorial Videos | Yes | Yes |
Beginner-Level Trading Videos | No | Yes |
Expert-Level Trading Videos | No | No |
Tutorial guides | Yes | Yes |
Terminology Glossary | Yes | Yes |
Customer Support Options:
Data | EasyMarkets | FP Markets |
---|---|---|
Callback Request Feature | No | No |
Email Support Availability | Yes | Yes |
Telephone Support | Yes | Yes |
Live Chat support | Yes | Yes |
Offered Support Languages | en, ar, es, pol, chi | en, ar, chi(t/s), de, es, fr, po, thai, ko, ind, mal, it |
Research-Tools:
Data | EasyMarkets | FP Markets |
---|---|---|
In-Depth Professional Reports | Yes | Yes |
Social Trading Features - Social Newsfeeds | Yes | No |
Economic Event Calendar | No | No |
Daily Email With Trading Ideas | Yes | Yes |
Analysis From Trading Central (Recognia) | Yes | No |
Analysis From Delkos Research | No | No |
AutoChartist Tool | No | No |
Trader Sentiment Metrics | Yes | No |
Twitter-Based News Updates | Yes | Yes |
Facebook-Based News Updates | Yes | Yes |
Daily Market Commentary | Yes | Yes |
The Round-by-Round Breakdown of FP Markets vs EasyMarkets in 2023
Table of content
- The Round-by-Round Breakdown of FP Markets vs EasyMarkets in 2023
- 📊 Round 1: Trading Platforms and Tools – The Clash of Functionality
- 🌐 Round 2: Market and Asset Choices – The Variety Show
- 💰 Round 3: Pricing and Fees – The Game of Thrones
- 📚 Round 4: Educational Resources – The Knowledge Olympics
- Pros and Cons
- FP Markets:
- EasyMarkets:
- 💼 Round 5: Customer Service – The Hospitality Gauntlet
- 🔐 Round 6: Regulation and Safety – The Trust Fall
- 💼 Round 5: Customer Service – The Hospitality Gauntlet
- 🔐 Round 6: Regulation and Safety – The Trust Fall
- 💡 Round 7: Innovation – The Race to the Future
- FAQs: The Curious Trader’s Quick Resource
- 🔍1. What Kind of Traders Are Best Suited to FP Markets?
- 🔍2. Is EasyMarkets Ideal for New Traders?
- 🔍3. Which Platform Offers More Asset Choices?
- 🔍4. Do Both Platforms Offer MetaTrader 4 (MT4)?
- 🔍5. What Safety Measures Do These Platforms Provide?
- Disclaimer And General Risk Warning:
- Author & Expert Trader - Financial Analyst:
Now, let’s take a closer look at how these hi-tech trading gladiators face-off in several critical rounds.
📊 Round 1: Trading Platforms and Tools – The Clash of Functionality
FP Markets offers both MetaTrader 4 (MT4) and MetaTrader 5 (MT5), and IRESS, a platform particularly designed for CFD trading. With complex analysis tools and automated trading features, it feels like you’re directing a spacecraft. 🚀
EasyMarkets, on the other hand, offers a proprietary platform and MT4. Their platform sparkles with simplicity and risk management features such as free guaranteed stop loss and negative balance protection. It’s like a comfy, bulletproof trading armchair. 💺
🌐 Round 2: Market and Asset Choices – The Variety Show
FP Markets steals the show with an extensive range of over 10,000 assets spanning Forex, Indices, Commodities, Stocks, and Cryptocurrencies. It’s like a buffet of assets. 🍱
EasyMarkets, while more conservative, still entertains with over 200 market instruments including Forex, Metals, Commodities, Indices, and Cryptocurrencies. It’s a select, gourmet menu. 🍷
💰 Round 3: Pricing and Fees – The Game of Thrones
FP Markets uses an ECN pricing model, offering very competitive and transparent spreads. However, they also charge a commission on some account types. So, it’s more like ‘pay-as-you-go’ mobile plans. 📱
EasyMarkets offers fixed spreads, without any trading commissions. It brings us back to the good old days with ‘what you see is what you pay’ policy. Quite a ‘flip phone’ style, isn’t it? 📞
📚 Round 4: Educational Resources – The Knowledge Olympics
Both platforms offer excellent educational resources for traders of all experience levels, from market newbies to grizzled veterans. If trading knowledge was a treasure, consider these platforms as your personal Jack Sparrows. 🏴☠️
Pros and Cons
FP Markets:
Pros:
- Wide range of assets and advanced trading tools 👍
- Competitive and transparent pricing 👌
- Deep pool of educational resources 🎓
Cons:
- Commission charges on some account types 😞
- More suitable for experienced traders due to complex tools 🔍
EasyMarkets:
Pros:
- User-friendly and intuitive proprietary platform 😎
- Excellent risk management features 🛡️
- No trading commissions 🎉
Cons:
- Fewer market instruments compared to FP Markets 👀
- Lacks some advanced functionality and tools 🧩
💼 Round 5: Customer Service – The Hospitality Gauntlet
When it comes to customer service, both platforms have put their best foot forward. FP Markets provides 24/5 customer support through live chat, email, and phone in various languages, ensuring they’re constantly at your service like a dedicated butler. 🤵
EasyMarkets, on the other hand, provides customer support through these same channels but sprinkles on an extra layer of personalised service with relationship managers for every account. It’s like having your own trading concierge. 🎩
🔐 Round 6: Regulation and Safety – The Trust Fall
There’s no space for a leap of faith here- only trust built on solid regulatory ground. FP Markets is regulated by the Australian Securities and Investments Commission (ASIC) and the Cyprus Securities and Exchange Commission (CySEC), providing a safety net for your investments, much like a trusty parachute.
💼 Round 5: Customer Service – The Hospitality Gauntlet
When it comes to customer service, both platforms have put their best foot forward. FP Markets provides 24/5 customer support through live chat, email, and phone in various languages, ensuring they’re constantly at your service like a dedicated butler. 🏰
EasyMarkets, however, prides itself on not just having similarly reliable support but also assigning personal account managers to clients. This tailored approach transforms your trading experience into one that feels like a bespoke boutique. 👔
🔐 Round 6: Regulation and Safety – The Trust Fall
In the finance world, trust is paramount. Thankfully, both platforms build a fortress of trustworthiness with their regulations and safety measures. FP Markets can flaunt regulation by the Australian Securities and Investments Commission (ASIC) and the Cyprus Securities and Exchange Commission (CySEC), offering robust investor protection like a faithful shield-bearer. 🛡️
Conversely, EasyMarkets heralds its regulatory superiority with licenses from ASIC and CySEC as well, coupled with negative balance protection and segregated client funds, making you feel like you’re trading inside a highly-secure vault. 💼
💡 Round 7: Innovation – The Race to the Future
Innovation in trading platforms can often be the deciding factor, the last arrow in the quiver. 🏹 FP Markets fires strong with constant platform updates, advanced charting tools, and options for algorithmic trading. It’s like having a high-powered jetpack on your trading journey. 🚀
Meanwhile, EasyMarkets matches stride with innovations like dealCancellation, which lets you cancel a losing trade within 60 minutes for a small fee. Plus, they constantly update their platform to stay user-friendly and efficient, ensuring there’s never a dull moment in your trading voyage. It’s like having a Magic 8-Ball that actually works! 🔮
Ultimately, the choice between FP Markets and EasyMarkets in 2023 will be dictated by your trading style, risk appetite, and personal preference. Whether you prefer a diverse arsenal or a streamlined fortress, both platforms provide a conducive environment for traders to thrive. Good luck and happy trading! 🍀💸
Choosing between FP Markets or EasyMarkets in 2023 boils down to personal preferences. FP Markets is a comprehensive, Swiss army knife type of platform, while EasyMarkets provides a streamlined, protective trading environment. Happy trading! 💸
FAQs: The Curious Trader’s Quick Resource
🔍1. What Kind of Traders Are Best Suited to FP Markets?
FP Markets is best suited to experienced traders who need advanced tools for in-depth analysis. However, with a wealth of educational resources, it’s a platform where beginners can cultivate their trading skills too. 📈
🔍2. Is EasyMarkets Ideal for New Traders?
Absolutely! EasyMarkets offers a user-friendly platform with robust safety measures. The DealCancellation feature and personalized account management make it a welcoming environment for those new to trading. 🕹️
🔍3. Which Platform Offers More Asset Choices?
FP Markets takes the cake here with over 10,000 hot and delicious assets to feast on. However, don’t discount EasyMarkets just yet. Their carefully-selected menu of over 200 assets still offers a generous spread for trading. 🍽️
🔍4. Do Both Platforms Offer MetaTrader 4 (MT4)?
Indeed, they do! Both FP Markets and EasyMarkets offer MT4 along with their respective trading platforms. So whether you’re an MT4 fan or feeling adventurous to explore new platforms – both gotcha covered! 🛠️
🔍5. What Safety Measures Do These Platforms Provide?
What good is a yacht if it sinks? Both FP Markets and EasyMarkets anchor their platforms with stringent safety measures. They’re both regulated by ASIC and CySEC, while EasyMarkets further emphasizes investor protection with features like negative balance protection and segregated client funds. 🚢
I hope this FAQ section aids your decision-making process in the FP Markets vs EasyMarkets matchup of 2023. Remember, the best platform is the one that suits your trading style and meets your needs. Cheers to your trading success! 🥂
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