AJ Bell and FP Markets face off on cost structures, long‑term features, and platform depth. The clash highlights pension wrappers against advanced trading tools.
Find out which stock broker best suits your investing profile.
Choose if…
Choose AJ Bell if you value ISA and SIPP wrappers along with dividend reinvestment for long term investing. It maintains lower platform fees at scale, reducing costs for larger portfolios and aligning with pension transfer flexibility.
Choose if…
Choose FP Markets if you want 24/5 live chat and rapid access to DMA trading across major venues. It also offers DMA via IRESS, strong regulatory oversight with ASIC and CySEC, plus negative balance protection and multiple platform choices for active traders.
Which broker wins for each type of stock trader, based on costs, safety, features, and editorial scoring.
| Editorial score | 4.2/ 5 | 4.1/ 5 |
|---|---|---|
| Min deposit | $500 | $100▼ lower |
| Spreads from | N/A | 0 pips |
| Commission / lot | N/A | $6/lot |
A closer look at the specific criteria each broker meets or misses within each scoring category.
| Criteria | AJ Bell | FP Markets |
|---|---|---|
| Trust & Regulation | ||
| Top-tier regulator (FCA, ASIC, SEC, etc.) | Pass | Pass |
| Segregated client funds | Pass | Pass |
| Negative balance protection | Fail | Pass |
| Compensation scheme (e.g. FSCS, SIPC) | Pass | Pass |
| Costs | ||
| Commission-free trading | Fail | Fail |
| No deposit fee | Pass | — |
| Features | ||
| Fractional shares | Fail | Fail |
| Dividend reinvestment (DRIP) | Pass | Fail |
| Extended hours trading | Fail | Fail |
| IPO access | Fail | Fail |
| Short selling | Fail | Pass |
| Stock screener tool | Pass | Pass |
| Support | ||
| Mobile app | Pass | Pass |
| Advanced charting tools | Fail | Pass |
| 24/5 live chat | Fail | Pass |
| Phone support | Pass | Pass |
The scores are close: AJ Bell rates 4.2/5 and FP Markets rates 4.1/5. AJ Bell has a marginal edge in our scoring, but the difference is small enough that your specific priorities — fees, platforms, or regulatory jurisdiction — should guide the final choice.
FP Markets starts from 0. Current spread data is not available for AJ Bell. Check both brokers' websites for up-to-date spread and commission pricing.
FP Markets has $100, while AJ Bell requires at least $500. This makes FP Markets more accessible for traders with limited starting capital.
Both AJ Bell and FP Markets hold licences from top-tier regulators, indicating a high standard of regulatory oversight. Check each broker's specific regulatory bodies to confirm coverage in your jurisdiction.
FP Markets stands out for beginners: it has a lower entry point and provides negative balance protection, which caps losses at your deposited amount. Also compare demo account availability and educational resources before deciding.
AJ Bell lists maximum leverage of 1:1, while FP Markets lists up to 20:1. Available leverage depends on your jurisdiction. EU retail clients under ESMA rules are capped at 1:30 on major forex pairs.
FP Markets charges $6 per trade on commission-based accounts. Commission details for AJ Bell are not currently available. Check their website for up-to-date pricing. Stock commissions may be charged as a flat rate per trade or per share; confirm the exact structure on each broker's website.
AJ Bell supports Proprietary Web/Mobile, while FP Markets supports IRESS, cTrader, MetaTrader 5, TradingView, MetaTrader 4. AJ Bell has exclusive access to Proprietary Web/Mobile. FP Markets has exclusive access to IRESS and cTrader and MetaTrader 5 and TradingView and MetaTrader 4.
Neither AJ Bell nor FP Markets is listed as offering commission-free trading in our data. Compare each broker's commission schedule directly, as fees vary by account type and the markets you trade.
Both AJ Bell and FP Markets are covered by a compensation scheme according to our data, providing an additional safety net for your stock investments. Confirm the specific scheme and coverage limit that applies to your account before depositing.
FP Markets wins safety & regulation for its multi-jurisdiction oversight.
AJ Bell wins for long-term with ISA and SIPP wrappers and dividend reinvestment.
FP Markets suits active traders with DMA access options and multiple trading platforms.
AJ Bell is better for beginners with a simpler platform and pension wrappers.
FP Markets provides DMA access via IRESS to major global exchanges.
AJ Bell offers lower platform fees, making it cheaper for larger portfolios.
| N/A |
| 0.6 pips |
| Inactivity fee | None | None |
|---|
| Deposit fee | Free | Free |
|---|
| Deposit methods | Bank transferDebit card | Bank transferCredit cardDebit cardSkrillNetellerPOLiPayPal |
|---|
| Withdrawal methods | Bank transfer | Bank transferCredit cardSkrillNetellerPOLi |
|---|
| Withdrawal fee | Free | Free |
|---|
| Commission-free | No | No |
|---|
| Fractional shares | No | No |
|---|
| Dividend reinvestment | Yes | No |
|---|
| Extended hours | No | No |
|---|
| IPO access | No | No |
|---|
| Short selling | No | Yes |
|---|
| Regulators | FCA | ASIC CySEC |
|---|
| Platforms | Proprietary Web/Mobile | IRESS cTrader MetaTrader 5 TradingView MetaTrader 4 |
|---|
| Active bonuses | 2 offers | None |
|---|
AJ Bell and FP Markets are closely matched overall; AJ Bell’s ISA/SIPP wrappers offer a longer-term investing edge.
Dig deeper into each broker’s features, fees, and regulation.
Score 4.1 / 5
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