Trading 212 vs FP Markets - Fees Review included
Which broker is better Trading 212 or FP Markets? Our expert assessment conducted according to TU’s own methodology showed that Trading 212 is one of the top brokers in the financial market with the TU Overall Score of 4.89 out of 10. FP Markets is one of the top brokers in the financial market with the TU Overall Score of 6.43 out of 10. Find out more about TU Overall Score.
| Feature | Trading 212 | FP Markets |
|---|---|---|
Overall |
3.9 |
4.6 |
4.5 |
4.7 |
|
3.5 |
4.7 |
|
4.7 |
4.6 |
|
Investment Instruments |
1 |
4.9 |
Platforms and Charting Tools |
2.8 |
4.7 |
Deposit and Withdrawal |
4.1 |
4.4 |
Research |
3.7 |
3.9 |
Education |
3.8 |
3.8 |
Support |
3.9 |
4.2 |
Bonuses |
1 |
2.1 |
|
|
Trading 212 vs FP Markets: Pros and Cons
The Trading 212 brokerage company (trading212.com) is registered to do business in London in 2006. Its specialization is the provision of services for investment and active trading in the foreign exchange and stock markets. The company is regulated and licensed by the UK Financial Conduct Authority (FCA) and by CySEC in Europe. The broker does not provide data on awards received during the work.
FP Markets has provided clients with access to trading on the Forex market since 2005. More than 10,000 trading instruments are available to traders. The broker is attractive due to its favorable trading conditions, super-fast order execution, popular trading terminals, and low spreads. FP Markets is monitored by respected regulators that inspire customer confidence. The transparency and reliability of the company is guaranteed by the supervision of the Australian Securities and Investments Commission - ASIC (license number 286354) and the Cyprus Securities and Exchange Commission - CySEC (license number 371/18). The company also has a registration and an office in the state of Saint Vincent and the Grenadines (SVG FSA). The FP Markets official website contains a lot of useful information about the company, Forex trading, training, analytics, answers to frequently asked questions, a trader's blog, and much more. This training treasure trove will help you improve your level of expertise.
| Trading 212 | FP Markets | |
|---|---|---|
| Overall Pros | low level of the minimum deposit | favorable trading conditions |
| a large selection of trading assets | more than 10,000 trading instruments | |
| Big choice of Stocks and ETFs | investment opportunities: copy trading, MAM and PAMM | |
| UK and EU regulated broker | order execution speed is 40 ms | |
| well-regulated broker | ||
| Overall Cons | lack of investment programs | complex verification process |
| a small number of ways to contact support | ||
| the company does not hold contests for traders |
Trading 212 vs FP Markets: Safety and Regulation
| Regulated By: | Trading 212 | FP Markets |
|---|---|---|
US Regulation |
No |
No |
FCA (Great Britain) |
Yes |
No |
CySec (Cyprus, EU) |
Yes |
Yes |
ASIC (Australia) |
No |
Yes |
Other Regulators |
No |
Saint Vincent and the Grenadines (SVG FSA) |
Trading 212 vs FP Markets: Trading Conditions
| Trading Conditions | Trading 212 | FP Markets |
|---|---|---|
Minimum Deposit |
£1, €1 |
$100 |
Trading Platforms |
Web platform, a mobile app for iOS and Android |
MT4, МТ5, Webtrader, Mobile, Iress |
Max Leverage (Futures) |
1:30 (retail clients), 1:500 (Pro clients) |
1-500, for EU and AU clients - 1-30 |
Supported Markets |
Currency pairs, CFDs on stocks, indices, futures, commodities, ETFs |
Forex, indices, metals, oil, gas, raw materials, securities, cryptocurrency |
Trading assets |
over 12,000 stocks and ETFs available in the Invest/ISA accounts and over 5,000 leveraged instruments in the CFD account |
10000+ |
Trading Accounts |
Trading 212 Invest, Trading 212 CFD, ISA (available for UK clients) |
Demo, Raw, Standard for MT4 and MT5, and Standard, Platinum, and Premier for Iress |
Base Account Currencies |
GBP, EUR |
AUD |
Trading 212 vs FP Markets: Fees
Forex Trading Fees
| Fee | Trading 212 | FP Markets |
|---|---|---|
Standard Account EURUSD Average Spread |
2.3 pips |
1.3 pips |
Standard Account Fee |
$0 |
$0 |
ECN/STP Account Fee |
Not supported |
$3 per lot |
ECN Account EUR Average Spread |
Not supported |
0.2 pips |
CFD Trading Fees
| Fee | Trading 212 | FP Markets |
|---|---|---|
CFD Trading Fee |
Other fees |
Floating spread, Share CFDs - from 0.08% to 0.1% |
Non-Trading Fees
| Fee | Trading 212 | FP Markets |
|---|---|---|
Account Fee |
No |
No |
Deposit Fee |
0,7% if you deposit more than 2000 EUR with debit or credit card |
No |
Withdrawal Fee |
No |
No |
Inactivity Fee |
No |
No |
A conversion fee may be applied as withdrawals and deposits are conducted in USD. Any other currency will have to be converted.
Trading 212 vs FP Markets: Trading Assets
| Asset Name | Trading 212 | FP Markets |
|---|---|---|
Overall |
over 12000+ |
10000+ |
Forex |
Yes |
Yes |
Stocks |
Yes |
Yes |
Metals |
Yes (CFD) |
Yes (CFD) |
Cryptocurrencies |
Yes (CFD) |
Yes (CFD) |
Energy |
Yes (CFD) |
Yes (CFD) |
Indices |
Yes (CFD) |
Yes (CFD) |
ETFs |
Yes |
No |
Bonds |
Yes (CFD) |
Yes (CFD) |
Mutual funds |
No |
No |
Stock options |
No |
No |
Futures Trading |
Yes (CFD) |
No |
Binary Options |
No |
No |
Trading 212 or FP Markets: Investment Programs
| Asset Name | Trading 212 | FP Markets |
|---|---|---|
Copy Trading |
No |
Yes |
MAM/PAMM |
No |
Yes |
Managed Accounts |
No |
No |
Other |
No |
Bond CFDs |
Trading Platforms: FP Markets or Trading 212
| Trading 212 | FP Markets | |
|---|---|---|
MT4 |
No |
Yes |
MT5 |
No |
Yes |
cTrader |
No |
No |
Appropriate platform |
Trading 212 |
No |
Others |
No |
Iress |
|
|
Trading 212 vs FP Markets: Deposit and Withdrawal Methods
| Deposit and Withdrawal Method | Trading 212 | FP Markets |
|---|---|---|
Bank Transfer |
Yes |
Yes |
Debit Card |
Yes |
Yes |
Electronic Wallets |
No |
Yes |
Crypto |
No |
No |
Trading 212 vs FP Markets: Research
| Research Type | Trading 212 | FP Markets |
|---|---|---|
News Feed |
No |
Yes |
Fundamental Data |
No |
Yes |
Chart Analysis |
Yes |
Yes |
Trading Ideas |
No |
No |
E-Mail Reports |
No |
Yes |
Trading 212 vs FP Markets: Education
| Education Type | Trading 212 | FP Markets |
|---|---|---|
Demo-account/Paper Trading |
Yes |
Yes |
Webinars |
No |
Yes |
Articles |
No |
Yes |
Videos |
Yes |
Yes |
Cent account |
No |
Yes |
FP Markets vs Trading 212: Support
| Support Features | Trading 212 | FP Markets |
|---|---|---|
Working Days |
24/7 |
24/5 |
Yes |
Yes |
|
Phone |
No |
yes |
Online chat |
No |
Yes |
Other |
feedback form |
No |
Trading 212 vs FP Markets: Forex Bonuses and Promo
| Promo | Trading 212 | FP Markets |
|---|---|---|
Forex Bonus |
No |
No |
Affiliate Program |
Promo offer. It works according to the principle of a standard referral program. A client of the company becomes a partner of a broker, receives an individual referral link and attracts new users to the company. The referrer gets a bonus for each new active trader. Trading 212 provides a tiered referral program that rewards every client and friend they refer with a free share (or a share of the whole share) up to €100/GBP. |
CPA. It is a program that allows you to receive remuneration for attracted clients. An excellent option for owners of popular Internet resources, like SEO specialists, bloggers, etc. The partner receives a fixed commission for each attracted client once they become active traders. |
Other Promos |
||
|
|
Top 5 Reviews on FP Markets
-
Comment
I trade with FP Markets and I can say that, for the most part, trading here is feasible. Spreads are not extremely narrow, but when they widen, it's not by much. Swaps can be positive, which is a plus. The trading terminal itself at FP Markets works fine; orders are processed quickly. Withdrawals occur in accordance with regulations. However, the withdrawal timeframes are above average compared to other companies.
-
Comment
I trust fp markets. I really like how it has changed lately, the company has begun to provide better service. So far I like everything, its client-oriented approach is at a high level. I can recommend it.
-
Comment
I want to say that FP Markets is a normal broker. There have almost never been any problems with either withdrawals or quotes. It’s a completely reliable and solvent broker.
-
Comment
Since the beginning of this year, something strange has been going on with FP Markets. The platform constantly freezes when opening and closing trades. And recently, they opened as many as five trades to buy EUR against USD. I demand that support cancels these trades because I did not open them. But it looks like I need to stop trading with this broker.
-
Comment
FP markets brings only losses. And this does not depend on how the trader trades. Even with an excellent trading strategy, trades on this platform cause losses. Because it is beneficial to the company and because FP markets itself trades against traders and takes their money.
Top 5 Reviews on Trading 212
-
Comment
I haven’t traded or registered with Trading 212 yet, but I think I should try, since the company is interesting. I am currently studying reviews about this broker. So far nothing bad has happened.
-
Comment
I like trading with trading 212. The conditions are normal. The minimum deposit is really minimal - €1, but it is better to make a normal deposit, you understand. The platform works properly too. I checked the quotes, they correspond to the market. Sometimes, opening and closing of trades is not fast enough, but it is within reasonable time.
-
Comment
I have been trading with Trading 212 for almost 2 years. The broker is not bad and it withdraws money. However, there are some problems: there are requotes and the platform freezes sometimes. But the broker is regulated, which is a plus! I’m currently trading with another company, but I have this one in mind.
-
Comment
Withdrawals and execution are fine at Trading 212. Now I make a profit, but there were different situations. I decided to trade here, as they withdraw money without any problems.
-
Comment
I came to trading 212 a couple of years ago, it’s a worthy company. What I like most is the respectful attitude towards the trader. The support has helped me more than once; the operators regularly advise me on all issues that arise. This helps me a lot in trading.
- Quotex vs Trading 212
- eToro vs Trading 212
- Trading 212 vs Trade Nation
- Trading 212 vs Veracity Markets
- Trading 212 vs Eightcap
- Trading 212 vs Exness
- Trading 212 vs Spreadex
- Trading 212 vs NinjaTrader
- Trading 212 vs Fineco
- Trading 212 vs Vantage
- Trading 212 vs BlackBull Markets
- Trading 212 vs SimpleFX
- Trading 212 vs Tradeview
- Trading 212 vs IFC Markets
- Trading 212 vs FXORO
- Trading 212 vs NAGA
- Trading 212 vs Amarkets
- Trading 212 vs Swissquote
- Trading 212 vs IG
- Trading 212 vs Saxo Bank
- Trading 212 vs CMC Markets
- Trading 212 vs OctaFX
- Trading 212 vs TD Ameritrade
- Trading 212 vs FBS
- Trading 212 vs Fusion Markets
- Trading 212 vs XTB
- Trading 212 vs Plus500
- Trading 212 vs Interactive Brokers
- Trading 212 vs Forex.com
- Trading 212 vs Libertex
- Trading 212 vs Admiral Markets
- Trading 212 vs RoboForex
- Pepperstone vs Trading 212
- Capital.com vs Trading 212
- AvaTrade vs Trading 212
- MultiBank vs Trading 212
- XM vs Trading 212
- IC Markets vs Trading 212
- FXTM vs Trading 212
FAQs
What should I start Forex trading with?
It is desirable for novice traders to explore trading using a demo account to learn the market and how to work on the trading platform without the risk of suffering losses. At the same time, it is advisable to review the educational materials of the broker, learn trading basics. Then you can deposit the minimum required amount to perform a small number of transactions. If you manage to close several months in a row in the black, without substantial drawdowns on the account, then you can try increasing your deposit. Also trying to copy trades automatically is a good option for a start.
What amount should I start trading with?
The minimum deposit of $10 may be enough to trade on the cent account. However, for trading on Standard/ECT accounts, experts recommend starting with at least $200-500. With this amount, you can use not a very big leverage. Remember, getting carried away with the margin is the main cause of losses among beginners.
What should I take into consideration when choosing a broker?
Experts recommend looking at the broker’s reliability first and foremost. The other important features include basic trading conditions, commissions and fees, customer reviews. If brokers are approximately the same in terms of basic criteria, you need to choose based on your experience and tasks. One broker may be good for professionals and another – for novice traders.
Is it possible to be scammed by a broker with a license from a reputable regulator?
In theory, yes. But in practice, it takes so much time and money to comply with the requirements of reputable regulators that it is not worth it for scammers to bother obtaining a legitimate license.
Team that worked on the article
Mikhail Vnuchkov joined Traders Union as an author in 2020. He began his professional career as a journalist-observer at a small online financial publication, where he covered global economic events and discussed their impact on the segment of financial investment, including investor income. With five years of experience in finance, Mikhail joined Traders Union team, where he is in charge of forming the pool of latest news for traders, who trade stocks, cryptocurrencies, Forex instruments and fixed income.