In this analysis we compare eToro vs FP Markets to see which one is better. We compare these two online brokers on a variety of factors. Is eToro better than FP Markets?
eToro | FP Markets | |
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Information | eToro is a trading platform trusted by millions of traders for investing in stocks and cryptocurrencies, both through ownership and CFDs. | FP Markets (First Prudential Markets) is a CFD and Forex Broker based in Australia. |
Review: | eToro | FP Markets |
Good For: | Copy Trading | Trade Execution, Tight Spreads |
Founded: | 2007 | 2005 |
Headquarter: | Tel Aviv-Yafo, Israel | Sydney, Australia |
Broker Type: | Market Maker, Agency Broker | ECN |
U.S. Clients Allowed: | Yes (certain states) | No |
Available Outside U.S. | Yes | Yes |
Demo Account: | Yes | Yes |
Minimum Deposit: | $50 - $100 | $100 - $1000 |
Deposit Methods: | PayPal, Skrill, Neteller, Credit Card, Debit Card, Rapid Transfer,iDEAL, Klarna / Sofort Banking, Bank Transfer, Online Banking - Trustly, POLi | Debit Card, Credit Card, Wire Transfer, Bpay, POLi, PayPal, Neteller, Skrill, Pay Trust, NganLuong.vn, FasaPay, Broker to Broker |
Regulation: | FCA, CySEC, ASIC, FSAS | ASIC, CySEC, |
Stocks: | Yes | Yes |
Forex: | Yes | Yes |
Commodities: | Yes (31) | Yes |
Cryptocurrencies: | Yes (30) | Yes |
ADR: | No | No |
Options: | No | No |
Mutual Funds: | No | No |
ETFs: | Yes | No |
Binary Options: | No | No |
Mobile Trading: | Yes (iOS,Android) | Yes (iOS, Android) |
Proprietary Platform: | Yes | Yes (WebTrader) |
Desktop Platform: | No | Yes |
cTrader: | No | No |
DupliTrade: | No | No |
MetaTrader 4: | No | Yes |
MetaTrader 5: | No | Yes |
Copy Trading: | Yes | Yes |
Trading Signals: | Yes, through copy trading | Yes |
Maximum Leverage: | 1:30 | up to 1:500 |
Islamic Account: | Yes | Yes |
Support Hours: | 24/5 | Monday – Saturday (AEDT) 07:00 – 07:00, Sunday – Friday (GMT) 22:00 – 22:00 |
Phone Support: | No | Yes |
Live Chat: | No | Yes |
Email Support: | Yes | Yes |