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Side-by-Side Comparison Independent Updated Oct 30, 2026

TD Direct Investing vs FP Markets 2026: Which Broker is Better?

Compare TD Direct Investing and FP Markets side by side on fees, regulation, platforms and our expert ratings. Find out which broker suits your needs.

TD Direct Investing

FP Markets

Higher ratedFP Markets logo

FP Markets

3.8/ 5
Visit FP Markets →Full review
VS
TD Direct InvestingFP Markets
BrokerRank Score2.9/53.8/5 ✓
Min. Deposit$0 ✓$100
Spread from0 pips0 pips
Max Leverage1:51:500 ✓
RegulationIIROC, CIPFASIC, CySEC
PlatformsProprietary Web, Proprietary Mobile, WebBrokerMT4, MT5, TradingView
Quick VerdictBrokerRank recommends
Best for Beginners
TD Direct InvestingFP Markets
Best for Low Fees
TD Direct InvestingFP Markets
Best for Regulation
TD Direct InvestingFP Markets
Best Overall
FP MarketsTD Direct Investing
Quick Answer

FP Markets is the better choice overall, scoring 3.8/5 vs 2.9/5 on BrokerRank's independent rating. On fees, TD Direct Investing offers lower spreads (0 pips).

See full side-by-side comparison below

TD Direct Investing vs FP Markets: Key Differences

Feature

TD Direct Investing

FP Markets

Winner
Our Rating
2.9 / 5
3.8 / 5
Min. Deposit
$0
$100
Max Leverage
Spread From
0 pips
0 pips
Commission
$9.99/lot
$3/lot
Regulated By
IIROCCIPF
Platforms
Proprietary Web, Proprietary Mobile, WebBroker, TD Advanced Dashboard
MT4, MT5, TradingView, Proprietary Mobile
Markets
Stocks, Etf, Indices, Forex
Forex, Cfd, Stocks, Indices, Commodities, Crypto
Founded
1984
2005
Headquarters
Toronto, Canada
Sydney, Australia
Score
1 / 4
3 / 4

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Fees Comparison

Fee

TD Direct Investing

FP Markets

Lower fees
Spread From
0 pips
0 pips
Commission
$9.99/lot
$3/lot
Deposit Fee
None
None
Withdrawal Fee
None
None

BrokerRank Verdict

TD Direct Investing scores 2.92/5 while FP Markets scores 3.84/5 in our independent rating.

FP Markets edges ahead overall, but TD Direct Investing 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?

TD Direct Investing

TD Direct Investing

2.9/5

Choose TD Direct Investing if you want…

  • No minimum deposit
  • More established (est. 1984)
FP Markets

FP Markets

3.8/5

Top pick

Choose FP Markets if you want…

  • Higher overall rating (3.8/5)
  • Higher leverage (up to 1:500)
  • More market types (6)

Also consider

View all rankings

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.

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4.3
FCA
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FxPro
4.1
FCA
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#4AvaTrade logo
AvaTrade
4.0
MAS
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#5Plus500 logo
Plus500
4.0
MAS
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80% of retail CFD accounts lose money.

Both TD Direct Investing & FP Markets are available in

Frequently Asked Questions

1

Is TD Direct Investing better than FP Markets?

FP Markets scores higher overall on our independent rating system. TD Direct Investing holds a 2.9/5 rating vs FP Markets's 3.8/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.

2

Which has lower fees, TD Direct Investing or FP Markets?

TD Direct Investing offers spreads from 0 pips, while FP Markets starts at 0 pips. Check the fees section above for a full breakdown.

3

What is the minimum deposit for TD Direct Investing vs FP Markets?

TD Direct Investing requires a minimum deposit of $0. FP Markets requires $100.

4

Which broker is safer, TD Direct Investing or FP Markets?

TD Direct Investing is regulated by IIROC, CIPF, while FP Markets holds licences from ASIC, CySEC.

5

What trading platforms do TD Direct Investing and FP Markets support?

TD Direct Investing supports Proprietary Web, Proprietary Mobile, WebBroker, TD Advanced Dashboard. FP Markets supports MT4, MT5, TradingView, Proprietary Mobile.

6

Can I use both TD Direct Investing and FP Markets?

Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.

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