DEGIRO vs FP Markets Stock Broker Comparison

A head-to-head comparison of DEGIRO and FP Markets across regulation, commissions, platforms, and editorial scoring.

DEGIRO

Score 4.3 / 5
2 bonuses

DEGIRO offers some of Europe's lowest stock commissions with access to 50+ exchanges. It lacks an ISA or SIPP wrapper, making it less suitable for UK tax-efficient investing, but excellent for low-cost international exposure.

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VS

FP Markets

Score 4.1 / 5

FP Markets offers direct-access share CFD trading via IRESS alongside standard MT4/MT5/cTrader share CFDs - a differentiated dual-model approach under ASIC and CySEC regulation that suits both ECN forex traders and equity-focused clients.

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Our Verdict
DEGIRO winsby 0.2 pts

DEGIRO edges ahead with a score of 4.3/5 vs FP Markets's 4.1/5. A narrow margin, so review the breakdown below to see where each broker has a clear advantage.

Verdict by Trader Profile

Which broker wins for each type of stock trader, based on costs, safety, features, and editorial scoring.

Best for safety & regulation
Recommended

FP Markets has a stronger safety profile: top-tier regulation, compensation scheme, segregated funds, negative balance protection.

Best for long-term investors
D
Recommended

DEGIRO is better suited for long-term investing: dividend reinvestment.

Best for active traders
Recommended

FP Markets has the edge for active traders: more platform options, advanced charting.

Best for beginners
D
Recommended

DEGIRO edges out FP Markets with a higher editorial score (4.3/5 vs 4.1/5), indicating a stronger overall experience for new stock investors.

Best for low cost trading
Insufficient data
Data not yet available

Commission data is not yet available for this pair. Check each broker's pricing page to compare trading costs directly.

DEGIRO vs FP Markets: Side-by-Side Stock Broker Comparison

Editorial score
4.3/ 5
4.1/ 5
Min depositN/A$100
Commission-free No No
Fractional shares No No
Dividend reinvestment Yes No
Extended hours No No
IPO access No No
Short selling Yes Yes
Regulators
AFM
BaFin
ASIC
CySEC
Platforms
DEGIRO Platform
MetaTrader 4
MetaTrader 5
cTrader
TradingView
IRESS
Active bonuses2 offersNone
Visit brokerVisit DEGIRO Visit FP Markets

DEGIRO vs FP Markets Stock Broker Pros & Cons

Pros
  • Among Europe's lowest stock commissions
  • Access to 50+ exchanges worldwide
  • Transparent, flat-fee pricing structure
  • Regulated by BaFin, AFM, and under MiFID II
  • No minimum deposit requirement
Cons
  • No Stocks & Shares ISA or SIPP available
  • No fractional shares
  • Limited customer support options
  • Platform and app less polished than newer competitors
Pros
  • IRESS platform provides genuine DMA access to ASX, NYSE, LSE, and other exchanges
  • 10,000+ share CFDs available on MT4, MT5, cTrader, and TradingView
  • ASIC and CySEC regulation - among the strongest regulatory profiles for a mid-tier broker
  • No platform fee for standard share CFD trading (IRESS fee only for DMA users)
Cons
  • IRESS DMA incurs a monthly fee (~AUD 55) - uneconomical for low-frequency traders
  • CFD-only for most share access; DMA limited to IRESS users
  • IRESS has a steeper learning curve than MetaTrader or TradingView
  • Not available to US residents

DEGIRO vs FP Markets: Detailed Category Breakdown

A closer look at the specific criteria each broker meets or misses within each scoring category.

1
DEGIRO
criteria win
5
FP Markets
criteria wins
Ahead
Highlighted rows show where the two brokers differ
CriteriaDEGIROFP 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)
Fail
Pass
Costs
Commission-free trading
Fail
Fail
Features
Fractional shares
Fail
Fail
Dividend reinvestment (DRIP)
Pass
Fail
Extended hours trading
Fail
Fail
IPO access
Fail
Fail
Short selling
Pass
Pass
Stock screener tool
Pass
Pass
Support
Mobile app
Pass
Pass
Advanced charting tools
Fail
Pass
24/5 live chat
Fail
Pass
Phone support
Fail
Pass

DEGIRO vs FP Markets: Frequently Asked Questions

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