FP Marketsvs
Interactive BrokersCrypto Exchange Comparison
Two seasoned brokers face off on crypto exposure within multi-asset accounts. The tension centers on coin depth, platform choice, and ownership options.
Our Verdict
Too close to call
FP Markets and Interactive Brokers are closely matched, with FP Markets offering more coins (15 vs 9) as the clearest differentiator.
No commercial relationship. The verdict and scores are entirely editorial. No payment influences this comparison.
Key Differences
- 1FP Markets lists 15 crypto assets versus IBKR's 9.
- 2Interactive Brokers provides real ownership, not CFDs.
- 3Interactive Brokers has a proprietary platform; FP Markets does not.
Who should choose FP Markets vs Interactive Brokers?
Find out which crypto exchange best suits your trading profile.
Choose FP Markets if…
Choose FP Markets if you want crypto CFDs across MT4, MT5, cTrader, and TradingView. You also benefit ASIC and CySEC regulation with segregated client funds.
Choose Interactive Brokers if…
Choose Interactive Brokers if you want real crypto ownership across Bitcoin, Ethereum, and select altcoins. You also operate under SEC, FINRA, and FCA oversight.
Verdict by Trader Profile
Which exchange wins for each type of crypto trader, based on security, fees, coin selection, and editorial scoring.
Best for security
It’s a tie
Both equally suited
Interactive Brokers wins for security with multi-jurisdictional oversight including SEC and FINRA.
Best for low fees
Recommended
FP Markets vs Interactive Brokers: Side-by-Side Crypto Exchange Comparison
| Criteria |  FP Markets |  Interactive Brokers |
|---|---|---|
| Editorial score | 4.0/ 5 | 4.0/ 5 |
| Min Deposit | $100 | No minimum▼ lower |
| Spreads From | 0 pips▼ lower | 0.2 pips |
| Taker Fee | 6.00% | 2.00%▼ lower |
FP Markets vs Interactive Brokers Crypto Exchange Pros & Cons
Pros
- Crypto CFDs available on MT4, MT5, cTrader, and TradingView, no platform switching
- ASIC and CySEC regulation with segregated client funds
- Integrates into existing multi-asset account alongside forex, indices, and shares
- No commission on crypto CFDs; spread-only pricing
Cons
- CFDs only, no real crypto ownership, staking, or on-chain access
FP Markets vs Interactive Brokers: Detailed Category Breakdown
A closer look at the specific criteria each exchange meets or misses within each scoring category.
1
FP Markets
criteria win
0
Interactive Brokers
criteria wins
Highlighted rows show where the two exchanges differ
| Criteria | FP Markets | Interactive Brokers |
|---|---|---|
| Security | ||
| Cold storage for assets | Fail | Fail |
| Proof of reserves published | Fail | Fail |
| Segregated client funds | Pass | Pass |
| Top-tier regulator (FCA, ASIC, etc.) | Pass | Pass |
| Fees | ||
| No deposit fee | Pass | Pass |
| No inactivity fee | Pass | Pass |
| Transparent pricing page | Pass | Pass |
| Features | ||
| Staking available | Fail | Fail |
| DeFi integration | Fail | Fail |
| NFT trading | Fail | Fail |
| 500+ coins listed | Fail | Fail |
| Support | ||
| Mobile app | Pass | Pass |
| 24/5 live chat | Pass | Fail |
| Phone support | Pass | Pass |
FP Markets vs Interactive Brokers: Frequently Asked Questions
FP Markets and Interactive Brokers share the same editorial score of 4/5. One concrete differentiator: Interactive Brokers requires a lower minimum deposit.
FP Markets lists a lower spread from 0, compared with Interactive Brokers's 0.2. Crypto trading costs are typically quoted as a percentage of the trade value; check each exchange's full fee schedule, as maker/taker rates and volume discounts vary.
Interactive Brokers has no minimum deposit, while FP Markets requires at least $100. This makes Interactive Brokers more accessible for traders looking to start with a smaller crypto investment.
Both FP Markets and Interactive Brokers hold licences from top-tier regulators, indicating a high standard of regulatory oversight. Check each exchange's specific regulatory bodies to confirm coverage in your jurisdiction.
For beginners, two factors stand out: Interactive Brokers has no minimum deposit, removing the capital barrier entirely, and both exchanges provide negative balance protection. Also compare demo account availability and educational resources before deciding.
FP Markets offers up to 2:1 on perpetual or margin products, versus Interactive Brokers's 1:1 cap. Margin and futures trading carry higher risk than spot crypto; confirm product availability and jurisdiction-specific limits on each exchange's website.
Interactive Brokers charges $2 per trade, lower than FP Markets's $6 per trade. Lower commissions benefit active traders who execute many trades per day. Crypto fees are typically quoted as maker/taker rates rather than fixed per-trade commissions; check each exchange's fee schedule for volume-based discounts.
FP Markets supports cTrader, IRESS, MetaTrader 5, TradingView, MetaTrader 4, while Interactive Brokers supports Trader Workstation (TWS), Proprietary Web/Mobile. FP Markets has exclusive access to cTrader and IRESS and MetaTrader 5 and TradingView and MetaTrader 4. Interactive Brokers has exclusive access to Trader Workstation (TWS) and Proprietary Web/Mobile.
