Compare
ForTrade
Capital at risk · T&Cs apply
ForTrade and FP Markets are two well-regarded brokers offering diverse trading opportunities, but they cater to distinct trader preferences. ForTrade, with a rating of 3.81/5, is based in London and regulated by the FCA, ASIC, and CySEC, appealing to traders who value regulatory oversight and commission-free trading, despite its wider spreads. On the other hand, FP Markets, rated slightly higher at 3.84/5, is headquartered in Sydney and known for tighter spreads from 0 pips on its Raw account, making it ideal for cost-conscious traders willing to pay commissions for potentially lower trading costs. Both brokers support a range of platforms including MT4, but FP Markets distinguishes itself by offering TradingView, attracting traders who require advanced charting tools.
ForTrade
FP Markets
| ForTrade | FP Markets | |
|---|---|---|
| BrokerRank Score | 3.8/5 | 3.8/5 ✓ |
| Min. Deposit | $100 | $100 |
| Spread from | 1 pips | 0 pips ✓ |
| Max Leverage | 1:500 | 1:500 |
| Regulation | FCA, ASIC, CySEC ✓ | ASIC, CySEC |
| Platforms | Proprietary Web, Proprietary Mobile, MT4 | MT4, MT5, TradingView |
ForTrade (3.8/5) and FP Markets (3.8/5) are closely matched. FP Markets has lower spreads; the better pick depends on your priorities.
See full side-by-side comparison belowForTrade
WinnerFP Markets
ForTrade
FP Markets
ForTrade
3.8/5
Choose ForTrade if you want…
FP Markets
3.8/5
Choose FP Markets if you want…
ForTrade (3.8/5) and FP Markets (3.8/5) are closely matched on our independent rating scale. The better choice depends on your priorities — fees, regulation, platforms, or available markets. See the full comparison above.
ForTrade offers spreads from 1 pips, while FP Markets starts at 0 pips. Check the fees section above for a full breakdown.
ForTrade requires a minimum deposit of $100. FP Markets requires $100.
ForTrade is regulated by FCA, ASIC, CySEC, while FP Markets holds licences from ASIC, CySEC.
ForTrade supports Proprietary Web, Proprietary Mobile, MT4. 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
BrokerRank Research — Hidden costs across 345 brokers
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.