FP Marketsvs
VanguardStock Broker Comparison
Two styles clash: FP Markets offers multi-platform trading and broad exchange access, while Vanguard emphasizes low-cost, fund-centric investing on a proprietary platform.
Who should choose FP Markets vs Vanguard?
Find out which stock broker best suits your investing profile.
Choose if…
Choose FP Markets if you want access to 15 exchanges and a choice of platforms including IRESS, MT4/MT5, or cTrader.
Choose if…
Choose Vanguard if you want low-cost access to Vanguard funds inside ISA or SIPP and a capped platform fee.
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 vs Vanguard: Side-by-Side Stock Broker Comparison
 |  | |
|---|---|---|
| Editorial score | 4.1/ 5 | 4.1/ 5 |
| Min deposit | $100 | $100 |
| Spreads from | 0 pips | N/A |
| Commission / lot | $6/lot | N/A |
FP Markets vs Vanguard 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 Vanguard: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
5
FP Markets
criteria wins
1
Vanguard
criteria win
Highlighted rows show where the two brokers differ
| Criteria | FP Markets | Vanguard |
|---|---|---|
| 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 | Fail |
| No deposit fee | — | Pass |
| Features | ||
| Fractional shares | Fail | Fail |
| Dividend reinvestment (DRIP) | Fail | Pass |
| 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 | Pass |
FP Markets vs Vanguard: Frequently Asked Questions
FP Markets and Vanguard share the same editorial score of 4.1/5. One concrete differentiator: platform availability and account types differ between them.
FP Markets starts from 0. Current spread data is not available for Vanguard. Check both brokers' websites for up-to-date spread and commission pricing.
Both FP Markets and Vanguard require a minimum deposit of $100 to open a live trading account.
Both FP Markets and Vanguard 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, while Vanguard lists up to 1:1. 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 Vanguard 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 IRESS, cTrader, MetaTrader 5, TradingView, MetaTrader 4, while Vanguard supports Proprietary Web/Mobile. FP Markets has exclusive access to IRESS and cTrader and MetaTrader 5 and TradingView and MetaTrader 4. Vanguard has exclusive access to Proprietary Web/Mobile.
Neither FP Markets nor Vanguard 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 Vanguard 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.
