FP Markets vs ii - BrokerCue
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Broker Comparison

FP Markets vs ii

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

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 acros…

VS
ii

ii

Flat-fee long-term investors

ii is a flat-fee investment platform with ISA, SIPP, Trading Account, funds, ETFs, shares, bonds, managed opt…

Head-to-head comparison

FP Markets vs ii
Feature FP Markets ii
Minimum deposit - -
Stock trading fee Iress platform: commission-based, minimum brokerage applies per trade; fee thresholds vary by account tier UK and US shares (incl. ETFs & Investment trusts): Core £3.99 per trade; Plus £3.99 per trade; Premium £2.99 per trade
Regulators ASIC, CySEC, FSCA, FSA, CMA, FSC FCA
Best for ECN forex and CFD traders Flat-fee long-term investors
Markets & account
Stocks
ETFs
Forex
-
CFDs
-
Crypto
-
Bonds
Margin
-
Demo Account
-
Funds
-
Investment Plans
-
Ready Made Portfolios
-
Multi Currency
-
Business Account
-
Isa
-
Sipp
-

Pros & cons

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
ii

ii

Pros

  • Core plan starts at £5.99 per month
  • Regular investments are Free on every plan
  • No fees for transfers in or out
  • SIPP, ISA and Trading Account sit under one plan
  • Hold up to 9 currencies in SIPP and Trading Account
  • Plus includes 1 free monthly trade; Premium includes 2
  • Funds cost £1.49 on Plus and Free on Premium
  • Plus gives 5 free family accounts; Premium gives unlimited

Cons

  • Core is limited to portfolios up to £100,000
  • Junior ISA is not included on the Core plan
  • Same day GBP and EUR withdrawals cost £15
  • Other currency withdrawals cost £15
  • Telephone trades cost £49
  • Non-personal accounts add £30 per month
  • Premium costs £39.99 per month
  • Core FX conversion is 0.75%
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.

Visit FP Markets Read review

Your capital is at risk. Other fees apply.

ii

ii

ii is a flat-fee investment platform with ISA, SIPP, Trading Account, funds, ETFs, shares, bonds, managed options and multi-currency investing.

Visit ii Read review

Your capital is at risk. Other fees apply.

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