Higher Rated
FP Markets
Capital at risk · T&Cs apply
In this comparison of FP Markets and Gate.io, we examine two brokers catering to different types of traders. FP Markets, headquartered in Sydney and regulated by ASIC, appeals to forex and CFD traders with its comprehensive range of markets and platforms like MT4 and MT5, offering tight spreads from 0 pips and leverage up to 1:500. In contrast, Gate.io, located in the Cayman Islands, is a go-to platform for cryptocurrency enthusiasts, providing access to over 1,700 altcoins, though it faces regulatory challenges and is not available in the US. While FP Markets is ideal for those seeking a traditional trading experience with robust regulation, Gate.io stands out for crypto traders interested in a wide variety of digital assets and early access to new token listings.
FP Markets
Gate.io
| FP Markets | Gate.io | |
|---|---|---|
| BrokerRank Score | 3.8/5 ✓ | 3.0/5 |
| Min. Deposit | $100 | $0 ✓ |
| Spread from | 0 pips ✓ | 0.1 pips |
| Max Leverage | 1:500 ✓ | 1:100 |
| Regulation | ASIC, CySEC ✓ | FSA |
| Platforms | MT4, MT5, TradingView | Proprietary Web, 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
WinnerGate.io
FP Markets
Gate.io
FP Markets
3.8/5
Choose FP Markets if you want…
Gate.io
3.0/5
Choose Gate.io if you want…
FP Markets scores higher overall on our independent rating system. FP Markets holds a 3.8/5 rating vs Gate.io'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 Gate.io starts at 0.1 pips. Check the fees section above for a full breakdown.
FP Markets requires a minimum deposit of $100. Gate.io requires $0.
FP Markets is regulated by ASIC, CySEC, while Gate.io holds licences from FSA.
FP Markets supports MT4, MT5, TradingView, Proprietary Mobile. Gate.io supports Proprietary Web, 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.