eToro vs FP Markets - BrokerCue
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Broker Comparison

eToro vs FP Markets

Compare eToro and FP Markets side by side: fees, regulation, platforms.

eToro

eToro

Social, multi-asset investors

eToro is a multi-asset platform with stocks, ETFs, crypto, CFDs, CopyTrader, Smart Portfolios and a free $100โ€ฆ

VS
FP Markets

FP Markets

ECN forex and CFD traders

FP Markets is an Australian multi-asset broker founded in 2005, offering forex, CFDs, and share trading acrosโ€ฆ

Head-to-head comparison

eToro vs FP Markets
Feature eToro FP Markets
Minimum deposit - -
Stock trading fee $1 or $2 may apply when opening and closing a stock position Iress platform: commission-based, minimum brokerage applies per trade; fee thresholds vary by account tier
Regulators CySEC, FCA, ASIC, FSAS, FSRA ASIC, CySEC, FSCA, FSA, CMA, FSC
Best for Social, multi-asset investors ECN forex and CFD traders
Markets & account
Stocks
ETFs
Forex
CFDs
Crypto
Bonds
-
Options
-
Futures
-
Fractional Shares
-
Investment Plans
-
Ready Made Portfolios
-
Margin
Multi Currency
-
Demo Account
Isa
-

Pros & cons

eToro

eToro

Pros

  • No account opening fee
  • No management fee
  • No inactivity fee
  • Commission-free ETF trading
  • Free $100,000 demo account
  • CopyTrader replicates other investors
  • No extra fees for CopyTrader
  • No conversion fees on same-currency local accounts

Cons

  • USD account withdrawals cost $5
  • Stock commission of $1-$2 per trade
  • Crypto starts at 1.00% for Bronze, Silver and Gold
  • Crypto transfers to wallet cost 2%
  • Selling crypto in the wallet costs 0.6% - 1%
  • Some non-leveraged stock positions execute as CFDs
  • Some non-leveraged ETF positions execute as CFDs
  • Crypto not covered by ICF or FSCS
FP Markets

FP Markets

Pros

  • Raw ECN account with spreads from 0.0 pips and $6 round-turn commission
  • Regulated by ASIC and CySEC with client funds in segregated accounts
  • 10,000+ tradeable instruments including forex, stocks, indices, and commodities
  • Choice of MetaTrader 4, MetaTrader 5, cTrader, TradingView, and Iress
  • No deposit, withdrawal, or inactivity fees
  • Free demo account with USD 100,000 in virtual funds
  • Negative balance protection under ASIC and CySEC entities
  • 24/7 multilingual customer support

Cons

  • Not FCA-regulated; UK traders are served through a less protective entity
  • Iress platform incurs a monthly fee unless minimum commission thresholds are met
  • Demo accounts expire after 30 days of inactivity
  • Research and educational content trails some larger competitors
  • Not available to residents of the United States, Japan, or New Zealand
  • Standard account spreads are wider than the Raw account average all-in cost
eToro

eToro

eToro is a multi-asset platform with stocks, ETFs, crypto, CFDs, CopyTrader, Smart Portfolios and a free $100,000 demo account.

Your capital is at risk. Other fees apply.

FP Markets

FP Markets

FP Markets is an Australian multi-asset broker founded in 2005, offering forex, CFDs, and share trading across MetaTrader, cTrader, TradingView, and Iress platforms.

Your capital is at risk. Other fees apply.

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