eToro vs FP Markets Stock Broker Comparison
A head-to-head comparison of eToro and FP Markets across regulation, commissions, platforms, and editorial scoring.
eToro's zero-commission real stocks and fractional share offering make it accessible for beginners, though its USD-denominated accounts mean non-US investors face FX conversion costs on every transaction.
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.
eToro and FP Markets are extremely closely matched with scores of 4.1/5 and 4.1/5. The right choice depends on your individual trading priorities.
Verdict by Trader Profile
Which broker wins for each type of stock trader, based on costs, safety, features, and editorial scoring.
eToro offers commission-free trading while FP Markets does not, making eToro the more cost-effective choice for frequent stock traders.
Both brokers show an equally strong safety profile across regulation, fund protection, and client safeguards.
eToro is better suited for long-term investing: fractional shares.
Both brokers offer equivalent conditions for active trading across commissions, platforms, and charting tools.
Both brokers share the same editorial score of 4.1/5, but eToro requires a lower minimum deposit ($50 vs $100 for FP Markets), making it more accessible for new investors.
eToro vs FP Markets: Side-by-Side Stock Broker Comparison
| Editorial score | 4.1/ 5 | 4.1/ 5 |
|---|---|---|
| Min deposit | $50 | $100 |
| Commission-free | Yes | No |
| Fractional shares | Yes | No |
| Dividend reinvestment | No | No |
| Extended hours | No | No |
| IPO access | No | No |
| Short selling | No | Yes |
| Regulators | FCA ASIC AMF CySEC FSRA CMVM Finansinspektionen Finanstilsynet ASF FSC CNB MNB KNF Finanstilsynet HCMC MFSA CMA FSA Seychelles | ASIC CySEC |
| Platforms | Proprietary Web/Mobile | MetaTrader 4 MetaTrader 5 cTrader TradingView IRESS |
| Active bonuses | 2 offers | None |
| Visit broker | Visit eToro | Visit FP Markets |
eToro vs FP Markets Stock Broker Pros & Cons
- Commission-free real stock trading
- Fractional shares from $10
- Strong social and copy-trading community
- Regulated by FCA, CySEC, and ASIC
- Clean, beginner-friendly interface
- USD-only accounts mean FX conversion costs for non-US investors
- Withdrawal fee of $5 per transaction
- Limited research tools compared to professional brokers
- $5 inactivity fee after 12 months
- 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)
- 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
eToro vs FP Markets: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
| Criteria | eToro | FP Markets |
|---|---|---|
| Trust & Regulation | ||
| Top-tier regulator (FCA, ASIC, SEC, etc.) | Pass | Pass |
| Segregated client funds | Pass | Pass |
| Negative balance protection | Pass | Pass |
| Compensation scheme (e.g. FSCS, SIPC) | Pass | Pass |
| Costs | ||
| Commission-free trading | Pass | Fail |
| Features | ||
| Fractional shares | Pass | Fail |
| Dividend reinvestment (DRIP) | Fail | Fail |
| Extended hours trading | Fail | Fail |
| IPO access | Fail | Fail |
| Short selling | Fail | Pass |
| Stock screener tool | Fail | Pass |
| Support | ||
| Mobile app | Pass | Pass |
| Advanced charting tools | Fail | Pass |
| 24/5 live chat | Pass | Pass |
| Phone support | Fail | Pass |
eToro vs FP Markets: Frequently Asked Questions
eToro and FP Markets share the same editorial score of 4.1/5. The right choice depends on your priorities: commissions, fractional shares, account features, or regulatory safety.
eToro offers commission-free stock trading while FP Markets does not according to our data. Commission-free trading can significantly reduce costs for frequent traders. Always confirm the current fee structure directly on each broker's website.
Both eToro and FP Markets hold top-tier regulatory licences, indicating a high standard of investor protection. Confirm each broker's specific regulatory bodies and compensation scheme coverage to ensure they apply in your jurisdiction.
eToro has a lower minimum deposit of $50, while FP Markets requires at least $100. This makes eToro more accessible for traders starting with limited capital.
eToro supports Proprietary Web/Mobile and FP Markets offers MetaTrader 4, MetaTrader 5, cTrader, TradingView, IRESS. Platform availability affects the tools, charting, and order types available to you. If you rely on a specific platform like MetaTrader or a proprietary web app, confirm compatibility before opening an account.
For beginners: eToro has a lower minimum deposit ($50). Also compare educational resources, customer support quality, and the simplicity of each broker's platform before deciding.
More Stock Broker Comparisons
More eToro comparisons
Personalised recommendation
Not sure which broker is right for you?
Answer 6 quick questions and we'll match you with the brokers that best fit your trading style, experience level, and country.
Find my broker