FP Marketsvs
StakeStock Broker Comparison
FP Markets and Stake illuminate two distinct paths to stock trading quality: one leans into platform breadth and trading styles; the other emphasizes commission-free stock ownership.
Our Verdict
FP Markets winsby 0.2 pts
FP Markets and Stake are closely matched overall. The clearest differentiator is FP Markets' broader exchange access versus Stake's commission-free share trading.
No commercial relationship. The verdict and scores are entirely editorial. No payment influences this comparison.
Key Differences
- 1FP Markets provides 24/5 live chat and phone support; Stake does not.
- 2FP Markets offers 15 exchanges; Stake covers only 3.
- 3Stake offers commission-free stock trading; FP Markets does not.
Who should choose FP Markets vs Stake?
Find out which stock broker best suits your investing profile.
Choose FP Markets if…
Choose FP Markets if you want access to 15 exchanges and advanced platforms like IRESS and DMA.
Choose Stake if…
Choose Stake if you want commission-free stock trading with no account minimum.
Verdict by Trader Profile
Which broker wins for each type of stock trader, based on costs, safety, features, and editorial scoring.
Best for low cost trading
Recommended
Stake wins for low cost trading because it offers commission-free stock trading.
Best for safety & regulation
Recommended
FP Markets vs Stake: Side-by-Side Stock Broker Comparison
 |  | |
|---|---|---|
| Editorial score | 4.1/ 5 | 3.9/ 5 |
| Min deposit | $100 | N/A |
| Spreads from | 0 pips | N/A |
| Commission / lot | $6/lot | N/A |
FP Markets vs Stake 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 Stake: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
6
FP Markets
criteria wins
1
Stake
criteria win
Highlighted rows show where the two brokers differ
| Criteria | FP Markets | Stake |
|---|---|---|
| Trust & Regulation | ||
| Top-tier regulator (FCA, ASIC, SEC, etc.) | Pass | Pass |
| Segregated client funds | Pass | Pass |
| Negative balance protection | Pass | Fail |
| Compensation scheme (e.g. FSCS, SIPC) | Pass | Pass |
| Costs | ||
| Commission-free trading | Fail | Pass |
| No deposit fee | — | Pass |
| Features | ||
| Fractional shares | Fail | Fail |
| Dividend reinvestment (DRIP) | Fail | Fail |
| Extended hours trading | Fail | Fail |
| IPO access | Fail | Fail |
| Short selling | Pass | Fail |
| Stock screener tool | Pass | Fail |
| Support | ||
| Mobile app | Pass | Pass |
| Advanced charting tools | Pass | Fail |
| 24/5 live chat | Pass | Fail |
| Phone support | Pass | Fail |
FP Markets vs Stake: Frequently Asked Questions
The scores are close: FP Markets rates 4.1/5 and Stake rates 3.9/5. 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.
FP Markets starts from 0. Current spread data is not available for Stake. Check both brokers' websites for up-to-date spread and commission pricing.
FP Markets requires $100. Minimum deposit information is not currently available for Stake.
Both FP Markets and Stake 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, FP Markets provides negative balance protection, capping losses at your deposit amount. Also compare demo account availability and educational resources on each broker's site before deciding.
FP Markets lists maximum leverage of 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 Stake 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.
FP Markets supports MetaTrader 5, cTrader, MetaTrader 4, IRESS, TradingView, while Stake supports Proprietary Web/Mobile. FP Markets has exclusive access to MetaTrader 5 and cTrader and MetaTrader 4 and IRESS and TradingView. Stake has exclusive access to Proprietary Web/Mobile.
Stake offers commission-free stock trading while FP Markets does not according to our data. Commission-free trading can reduce costs for frequent traders. Always confirm the current fee structure directly on each broker's website.
Both FP Markets and Stake 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.
