FP Markets vs E*TRADE 2026: Which Broker is Better?
Choosing between FP Markets and E*TRADE depends on your trading style, preferred markets, and budget. FP Markets is headquartered in Sydney, Australia, while E*TRADE operates from Arlington, USA. E*TRADE has the longer track record, established in 1982, compared to FP Markets which was founded in 2005. This in-depth comparison covers regulation, fees, platforms, markets, and overall ratings to help you decide which broker is the better fit in 2026.
FP Markets
E*TRADE
| FP Markets | E*TRADE | |
|---|---|---|
| BrokerRank Score | 3.8/5 ✓ | 3.6/5 |
| Min. Deposit | $100 | $0 ✓ |
| Spread from | 0 pips | 0 pips |
| Max Leverage | 1:500 ✓ | 1:4 |
| Regulation | ASIC, CySEC | SEC, CFTC |
| Platforms | MT4, MT5, TradingView | Proprietary Web, Proprietary Mobile |
FP Markets is the better choice overall, scoring 3.8/5 vs 3.6/5 on BrokerRank's independent rating. On fees, FP Markets offers lower spreads (0 pips).
See full side-by-side comparison belowFP Markets vs E*TRADE: Key Differences
FP Markets
E*TRADE
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Fees Comparison
FP Markets
E*TRADE
Lower feesRegulation & Trust
FP Markets holds licences from ASIC, CySEC. E*TRADE is regulated by SEC, CFTC.
Markets & Assets
Both brokers offer access to Stocks, Indices, Commodities markets. FP Markets additionally covers Forex, Cfd.
Trading Platforms
FP Markets supports MT4, MT5, TradingView, Proprietary Mobile. E*TRADE offers Proprietary Web, Proprietary Mobile. Both brokers are available on Proprietary Mobile.
Minimum Deposit
FP Markets requires a minimum deposit of $100, while E*TRADE sets no minimum deposit. This makes E*TRADE accessible to traders with any budget.
Overall Ratings
BrokerRank scores FP Markets at 3.84/5 and E*TRADE at 3.60/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. FP Markets leads overall with a clear advantage.
BrokerRank Verdict
Who Should Choose Which?
FP Markets
3.8/5
Choose FP Markets if you want…
- Higher overall rating (3.8/5)
- Higher leverage (up to 1:500)
- More market types (6)
- More platforms (4 supported)
E*TRADE
3.6/5
Choose E*TRADE if you want…
- No per-trade commission
- No minimum deposit
- More established (est. 1982)
Also consider
We earn a commission when you open an account through these links, at no extra cost to you. Our ratings are scored independently — see the full independent ranking.
Frequently Asked Questions
1Is FP Markets better than E*TRADE?
FP Markets scores higher overall on our independent rating system. FP Markets holds a 3.8/5 rating vs E*TRADE's 3.6/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
2Which has lower fees, FP Markets or E*TRADE?
FP Markets offers spreads from 0 pips, while E*TRADE starts at 0 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for FP Markets vs E*TRADE?
FP Markets requires a minimum deposit of $100. E*TRADE requires $0.
4Which broker is safer, FP Markets or E*TRADE?
FP Markets is regulated by ASIC, CySEC, while E*TRADE holds licences from SEC, CFTC.
5What trading platforms do FP Markets and E*TRADE support?
FP Markets supports MT4, MT5, TradingView, Proprietary Mobile. E*TRADE supports Proprietary Web, Proprietary Mobile.
6Can I use both FP Markets and E*TRADE?
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
Key Trading Terms
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Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.
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