Side-by-Side Comparison Independent Updated Jun 15, 2026
FP Markets vs Qtrade 2026: Which Broker is Better?
Compare FP Markets and Qtrade side by side on fees, regulation, platforms and our expert ratings. Find out which broker suits your needs.
FP Markets
Qtrade
VS
| FP Markets | Qtrade | |
|---|---|---|
| BrokerRank Score | 3.8/5 ✓ | 2.9/5 |
| Min. Deposit | $100 | $0 ✓ |
| Spread from | 0 pips | 0 pips |
| Max Leverage | 1:500 ✓ | 1:2 |
| Regulation | ASIC, CySEC ✓ | SEC |
| Platforms | MT4, MT5, TradingView | Proprietary Web, Proprietary Mobile |
Quick VerdictBrokerRank recommends
Best for Beginners
QtradeFP Markets
Best for Low Fees
FP MarketsQtrade
Best for Regulation
FP MarketsQtrade
Best Overall
FP MarketsQtrade
Quick Answer
FP Markets is the better choice overall, scoring 3.8/5 vs 2.9/5 on BrokerRank's independent rating. On fees, FP Markets offers lower spreads (0 pips).
See full side-by-side comparison belowFP Markets vs Qtrade: Key Differences
Feature
FP Markets
WinnerQtrade
Our Rating
3.8 / 5
2.9 / 5
Min. Deposit
$100
$0
Spread From
0 pips
0 pips
Commission
$3/lot
$6.95/lot
Platforms
MT4, MT5, TradingView, Proprietary Mobile
Proprietary Web, Proprietary Mobile
Markets
Forex, Cfd, Stocks, Indices, Commodities, Crypto
Stocks, Indices
Founded
2005
2000
Headquarters
Sydney, Australia
Vancouver, Canada
Score
3 / 4
1 / 4
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Find my matchFees Comparison
Fee
FP Markets
Lower feesQtrade
Spread From
0 pips
0 pips
Commission
$3/lot
$6.95/lot
Deposit Fee
None
None
Withdrawal Fee
None
None
BrokerRank Verdict
FP Markets scores 3.84/5 while Qtrade scores 2.91/5 in our independent rating.
FP Markets edges ahead overall, but Qtrade may suit traders who prioritise different features. Read our full reviews for a detailed breakdown. Scores are based on our transparent methodology.
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 regulatory licences (2)
- More market types (6)
Qtrade
2.9/5
Choose Qtrade if you want…
- No minimum deposit
- More established (est. 2000)
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.
Both FP Markets & Qtrade are available in
Frequently Asked Questions
1Is FP Markets better than Qtrade?
FP Markets scores higher overall on our independent rating system. FP Markets holds a 3.8/5 rating vs Qtrade's 2.9/5. 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 Qtrade?
FP Markets offers spreads from 0 pips, while Qtrade starts at 0 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for FP Markets vs Qtrade?
FP Markets requires a minimum deposit of $100. Qtrade requires $0.
4Which broker is safer, FP Markets or Qtrade?
FP Markets is regulated by ASIC, CySEC, while Qtrade holds licences from SEC.
5What trading platforms do FP Markets and Qtrade support?
FP Markets supports MT4, MT5, TradingView, Proprietary Mobile. Qtrade supports Proprietary Web, Proprietary Mobile.
6Can I use both FP Markets and Qtrade?
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.
Higher Rated
FP Markets
Capital at risk · T&Cs apply