FP Markets
Public.com
VS
Higher Rated
FP Markets
Capital at risk · T&Cs apply
In this broker comparison, we examine FP Markets and Public.com, highlighting their distinct offerings and target audiences. FP Markets, established in 2005 and regulated by ASIC, caters to experienced traders seeking a comprehensive range of markets, including forex, CFDs, and cryptocurrencies, with advanced trading platforms like MT4 and MT5. In contrast, Public.com, founded in 2019 and regulated by the SEC, appeals to novice traders and investors in the US with its user-friendly mobile app and commission-free trading on stocks and cryptocurrencies. The key difference lies in FP Markets' focus on professional trading tools and leverage, while Public.com offers a simplified, social investing experience without advanced trading features.
FP Markets
Public.com
| FP Markets | Public.com | |
|---|---|---|
| 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 ✓ | SEC |
| 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
Public.com
FP Markets
Public.com
Lower fees
FP Markets
3.8/5
Choose FP Markets if you want…
Public.com
3.0/5
Choose Public.com if you want…
FP Markets scores higher overall on our independent rating system. FP Markets holds a 3.8/5 rating vs Public.com'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 Public.com starts at 0 pips. Check the fees section above for a full breakdown.
FP Markets requires a minimum deposit of $100. Public.com requires $0.
FP Markets is regulated by ASIC, CySEC, while Public.com holds licences from SEC.
FP Markets supports MT4, MT5, TradingView, Proprietary Mobile. Public.com supports Proprietary Mobile.
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.