Side-by-Side Comparison Independent Updated Sep 14, 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
VS
| TD Direct Investing | FP Markets | |
|---|---|---|
| BrokerRank Score | 2.9/5 | 3.8/5 ✓ |
| Min. Deposit | $0 ✓ | $100 |
| Spread from | 0 pips | 0 pips |
| Max Leverage | 1:5 | 1:500 ✓ |
| Regulation | IIROC, CIPF | ASIC, CySEC |
| Platforms | Proprietary Web, Proprietary Mobile, WebBroker | MT4, 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 belowTD Direct Investing vs FP Markets: Key Differences
Feature
TD Direct Investing
FP Markets
WinnerOur Rating
2.9 / 5
3.8 / 5
Min. Deposit
$0
$100
Spread From
0 pips
0 pips
Commission
$9.99/lot
$3/lot
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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Find my matchFees Comparison
Fee
TD Direct Investing
FP Markets
Lower feesSpread 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
2.9/5
Choose TD Direct Investing if you want…
- No minimum deposit
- More established (est. 1984)
FP Markets
3.8/5
Choose FP Markets if you want…
- Higher overall rating (3.8/5)
- Higher leverage (up to 1:500)
- More market types (6)
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 TD Direct Investing & FP Markets are available in
Frequently Asked Questions
1Is 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.
2Which 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.
3What is the minimum deposit for TD Direct Investing vs FP Markets?
TD Direct Investing requires a minimum deposit of $0. FP Markets requires $100.
4Which 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.
5What 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.
6Can 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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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