Higher Rated
FP Markets
Capital at risk · T&Cs apply
Choosing between FP Markets and J.P. Morgan Self-Directed depends on your trading style, preferred markets, and budget. FP Markets is headquartered in Sydney, Australia, while J.P. Morgan Self-Directed operates from New York, USA. FP Markets has the longer track record, established in 2005, compared to J.P. Morgan Self-Directed which was founded in 2018. 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
J.P. Morgan Self-Directed
| FP Markets | J.P. Morgan Self-Directed | |
|---|---|---|
| BrokerRank Score | 3.8/5 ✓ | 3.4/5 |
| Min. Deposit | $100 | $0 ✓ |
| Spread from | 0 pips | 0 pips |
| Max Leverage | 1:500 ✓ | 1:1 |
| Regulation | ASIC, CySEC | SEC, FINRA |
| Platforms | MT4, MT5, TradingView | Proprietary Mobile, Proprietary Web |
FP Markets is the better choice overall, scoring 3.8/5 vs 3.4/5 on BrokerRank's independent rating. On fees, FP Markets offers lower spreads (0 pips).
See full side-by-side comparison belowFP Markets
J.P. Morgan Self-Directed
FP Markets
J.P. Morgan Self-Directed
Lower feesFP Markets holds licences from ASIC, CySEC. J.P. Morgan Self-Directed is regulated by SEC, FINRA.
Both brokers offer access to Stocks markets. FP Markets additionally covers Forex, Cfd, Indices, Commodities. J.P. Morgan Self-Directed adds Etf, Crypto.
FP Markets supports MT4, MT5, TradingView, Proprietary Mobile. J.P. Morgan Self-Directed offers Proprietary Mobile, Proprietary Web. Both brokers are available on Proprietary Mobile.
FP Markets requires a minimum deposit of $100, while J.P. Morgan Self-Directed sets no minimum deposit. This makes J.P. Morgan Self-Directed accessible to traders with any budget.
BrokerRank scores FP Markets at 3.84/5 and J.P. Morgan Self-Directed at 3.37/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. FP Markets leads overall with a clear advantage.
FP Markets
3.8/5
Choose FP Markets if you want…
J.P. Morgan Self-Directed
3.4/5
Choose J.P. Morgan Self-Directed if you want…
FP Markets scores higher overall on our independent rating system. FP Markets holds a 3.8/5 rating vs J.P. Morgan Self-Directed's 3.4/5. 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 J.P. Morgan Self-Directed starts at 0 pips. Check the fees section above for a full breakdown.
FP Markets requires a minimum deposit of $100. J.P. Morgan Self-Directed requires $0.
FP Markets is regulated by ASIC, CySEC, while J.P. Morgan Self-Directed holds licences from SEC, FINRA.
FP Markets supports MT4, MT5, TradingView, Proprietary Mobile. J.P. Morgan Self-Directed supports Proprietary Mobile, Proprietary Web.
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
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Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.