FP Markets
Freetrade
VS
Higher Rated
FP Markets
Capital at risk · T&Cs apply
In the comparison of FP Markets and Freetrade, the key difference lies in their market offerings and target audiences. FP Markets, with its comprehensive range of forex, CFDs, and crypto, appeals to experienced traders seeking diverse trading opportunities and advanced platforms like MT4 and MT5. In contrast, Freetrade primarily caters to beginners and investors interested in commission-free stock and ETF trading, focusing on simplicity through its clean mobile app. While FP Markets offers high leverage up to 1:500 for those comfortable with risk, Freetrade provides a straightforward, low-barrier entry into the stock market, particularly for UK-based investors.
FP Markets
Freetrade
| FP Markets | Freetrade | |
|---|---|---|
| BrokerRank Score | 3.8/5 ✓ | 3.0/5 |
| Min. Deposit | $100 | $0 ✓ |
| Spread from | 0 pips | 0 pips |
| Max Leverage | 1:500 ✓ | 1:1 |
| Regulation | ASIC, CySEC ✓ | FCA |
| Platforms | MT4, MT5, TradingView | Proprietary Mobile |
FP Markets is the better choice overall, scoring 3.8/5 vs 3.0/5 on BrokerRank's independent rating. On fees, FP Markets offers lower spreads (0 pips).
See full side-by-side comparison belowFP Markets
Freetrade
FP Markets
Freetrade
Lower fees
FP Markets
3.8/5
Choose FP Markets if you want…
Freetrade
3.0/5
Choose Freetrade if you want…
FP Markets scores higher overall on our independent rating system. FP Markets holds a 3.8/5 rating vs Freetrade's 3.0/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
FP Markets offers spreads from 0 pips, while Freetrade starts at 0 pips. Check the fees section above for a full breakdown.
FP Markets requires a minimum deposit of $100. Freetrade requires $0.
FP Markets is regulated by ASIC, CySEC, while Freetrade holds licences from FCA.
FP Markets supports MT4, MT5, TradingView, Proprietary Mobile. Freetrade supports 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.