Within the post we have included seven alternatives to FP Markets.

We have included brokers that offer similar services to FP Markets, while also giving space to brokers who offer different services.

What are the best alternative brokers and platforms to FP Markets?

The best alternatives to FP Markets include similar brokers that are listed below:

  1. Pepperstone
  2. Admirals
  3. IC Markets
  4. eToro
  5. DEGIRO
  6. Trading 212
  7. IG Markets
Open Account
74-89% of retail investor accounts lose money when trading CFDs
Platforms: cTrader desktop, cTrader web, ZuluTrade, MT4 Dekstop, MT4 Web, MT5 Desktop, MT5 Web, MAC Platforms
Regulations: FCA, MIFID-ESMA, ASIC, DFSA, CYSEC, SCB (Bahamas)
Minimum Deposit:
Open Account
76% of retail investor accounts lose money
Platforms: MT4 Dekstop, MT4 Web, MT5 Desktop, MAC Platforms
Regulations: FCA, MIFID-ESMA, ASIC, CIRO, CYSEC
Minimum Deposit: 100
Open Account
74-89% of retail CFD accounts lose money
Platforms: cTrader desktop, cTrader web, Mirror Trader, ZuluTrade, MT4 Dekstop, MT4 Web, MT5 Desktop, MT5 Web
Regulations: ASIC, CYSEC, FSA (Seychelles), SCB (Bahamas)
Minimum Deposit:
Open Account
51% of retail CFD accounts lose money
Platforms: Proprietary Web Platform
Regulations: FCA, MIFID-ESMA, ASIC, SEC, CYSEC, Offshore, FSA (Seychelles)
Minimum Deposit: 50
Open Account
Investing involves risk of loss
Platforms: Proprietary Desktop Platform
Regulations: FCA, MIFID-ESMA
Minimum Deposit: 0.01
Open Account
83% of retail investor accounts lose money
Platforms: Proprietary Web Platform, MAC Platforms
Regulations: FCA, MIFID-ESMA, CYSEC, VFSC (Vanuatu)
Minimum Deposit: 1
Open Account
70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Platforms: Proprietary Web Platform, MAC Platforms
Regulations: FSA, MAS, FINMA, FCA, CFTC, MIFID-ESMA, ASIC, FMA, FSCA, DFSA, BMA (Bermuda)
Minimum Deposit: 300

What is the most similar broker to FP Markets?

The most similar broker to FP Markets is Pepperstone.

This similarity stems from their Australian roots and their shared commitment to providing an Electronic Communication Network (ECN) execution model, which allows traders to access spreads on Forex starting from 0 pips with fast order execution

Both brokers require a low minimum deposit to open accounts, making them accessible to a wide range of traders, and offer MetaTrader 4 (MT4), MetaTrader 5 (MT5), and cTrader

Both brokers are also recognized for being suitable for scalping trading, and provide copy trading features through third-party platforms.

For a deeper understanding of both brokers, read our FP Markets review and our Pepperstone review.

What are the best alternatives to FP Markets by category?

You can find other brokers similar to FP Markets according to a specific feature.

Some specific features of FP Markets and the corresponding ranking of the best brokers according to that feature are listed below:

Which similar brokers provide the services missing from FP Markets?

FP Markets does not provide some services or does not have some characteristics that other brokers have.

The features that FP Markets does not have and rankings of the best brokers that have that feature are listed below: