FP Marketsvs
FXOpenStock Broker Comparison
This comparison pits FP Markets against FXOpen in a clash over platforms, regulation, and global stock access. The matchup tests which broker better serves different investor needs.
Our Verdict
FP Markets winsby 0.5 pts
FP Markets takes the higher editorial score (4.1 vs 3.6) due to stronger regulation and platform breadth, making it the overall winner.
No commercial relationship. The verdict and scores are entirely editorial. No payment influences this comparison.
Key Differences
- 1FP Markets offers 24/5 live chat.
- 2FP Markets includes a stock screener.
- 3FP Markets covers 15 exchanges.
Who should choose FP Markets vs FXOpen?
Find out which stock broker best suits your investing profile.
Choose FP Markets if…
Choose FP Markets if you value research tools and around-the-clock support. You get 24/5 live chat, a stock screener, and access to 15 exchanges.
Choose FXOpen if…
Choose FXOpen if you want a proprietary platform. You also access ECN/STP stock CFD trading.
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
It’s a tie
Both equally suited
FXOpen benefits from FCA oversight and FSCS protection, with dual tier-1 coverage.
Best for active traders
Recommended
FP Markets vs FXOpen: Side-by-Side Stock Broker Comparison
 |  | |
|---|---|---|
| Editorial score | 4.1/ 5 | 3.6/ 5 |
| Min deposit | $100 | $100 |
| Spreads from | 0 pips | 0 pips |
| Commission / lot | $6/lot | $3/lot▼ lower |
FP Markets vs FXOpen Stock Broker Pros & Cons
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
FP Markets vs FXOpen: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
2
FP Markets
criteria wins
0
FXOpen
criteria wins
Highlighted rows show where the two brokers differ
| Criteria | FP Markets | FXOpen |
|---|---|---|
| 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 | Fail | Fail |
| Features | ||
| Fractional shares | Fail | Fail |
| Dividend reinvestment (DRIP) | Fail | Fail |
| Extended hours trading | Fail | Fail |
| IPO access | Fail | Fail |
| Short selling | Pass | Pass |
| Stock screener tool | Pass | Fail |
| Support | ||
| Mobile app | Pass | Pass |
| Advanced charting tools | Pass | Pass |
| 24/5 live chat | Pass | Fail |
| Phone support | Pass | Pass |
FP Markets vs FXOpen: Frequently Asked Questions
The scores are close: FP Markets rates 4.1/5 and FXOpen rates 3.6/5. FP Markets 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.
Both FP Markets and FXOpen start from the same spread of 0. For stock trading, also compare per-trade or per-share commissions to determine the total cost per transaction.
Both FP Markets and FXOpen require a minimum deposit of $100 to open a live trading account.
Both FP Markets and FXOpen 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.
For beginners, both brokers provide negative balance protection. Also compare demo account availability and educational resources on each broker's site before deciding.
FP Markets lists maximum leverage of 20:1, while FXOpen lists up to 500:1. Available leverage depends on your jurisdiction. EU retail clients under ESMA rules are capped at 1:30 on major forex pairs.
FXOpen charges $3 per trade, lower than FP Markets's $6 per trade. Lower commissions benefit active traders who execute many trades per day. Stock commissions may be charged as a flat rate per trade or per share; confirm the exact structure on each broker's website.
FP Markets supports cTrader, IRESS, MetaTrader 5, TradingView, MetaTrader 4, while FXOpen supports cTrader, MetaTrader 5, MetaTrader 4. Both provide cTrader and MetaTrader 5 and MetaTrader 4. FP Markets has exclusive access to IRESS and TradingView.
Neither FP Markets nor FXOpen 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 FP Markets and FXOpen 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.
