E*TRADE
FP Markets
VS
Higher Rated
FP Markets
Capital at risk · T&Cs apply
In this "E*TRADE vs FP Markets" broker comparison, we examine two distinct trading platforms catering to different trader needs. E*TRADE, with its strong educational resources and zero commission on stock and ETF trading, is ideally suited for US-based investors focused on equities and options. In contrast, FP Markets offers a broader range of markets, including forex and crypto, appealing to global traders seeking high leverage and advanced trading platforms like MT4 and TradingView. The key difference lies in E*TRADE's emphasis on commission-free stock trading and educational support, while FP Markets excels in offering diverse markets and sophisticated trading tools.
E*TRADE
FP Markets
| E*TRADE | FP Markets | |
|---|---|---|
| BrokerRank Score | 3.6/5 | 3.8/5 ✓ |
| Min. Deposit | $0 ✓ | $100 |
| Spread from | 0 pips | 0 pips |
| Max Leverage | 1:4 | 1:500 ✓ |
| Regulation | SEC, CFTC | ASIC, CySEC |
| Platforms | Proprietary Web, Proprietary Mobile | MT4, MT5, TradingView |
FP Markets is the better choice overall, scoring 3.8/5 vs 3.6/5 on BrokerRank's independent rating. On fees, E*TRADE offers lower spreads (0 pips).
See full side-by-side comparison belowE*TRADE
WinnerFP Markets
E*TRADE
Lower feesFP Markets
E*TRADE
3.6/5
Choose E*TRADE if you want…
FP Markets
3.8/5
Choose FP Markets if you want…
FP Markets scores higher overall on our independent rating system. E*TRADE holds a 3.6/5 rating vs FP Markets's 3.8/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
E*TRADE offers spreads from 0 pips, while FP Markets starts at 0 pips. Check the fees section above for a full breakdown.
E*TRADE requires a minimum deposit of $0. FP Markets requires $100.
E*TRADE is regulated by SEC, CFTC, while FP Markets holds licences from ASIC, CySEC.
E*TRADE supports Proprietary Web, Proprietary Mobile. FP Markets supports MT4, MT5, TradingView, Proprietary Mobile.
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
Only 26% of Brokers Are Truly Fee-Free
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58% of Brokers Hold a Single Licence
BrokerRank Research — Regulation quality analysis
71% of Retail Traders Lose Money
BrokerRank Research — Loss rates across 50 EU brokers
76% of Brokers Use Proprietary Platforms
BrokerRank Research — MT4 vs MT5 vs proprietary
Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.