B

Bailieu

6.3/10
FP Markets logo

FP Markets

8.5/10
7/10RegulationWinner9/10
1/10FeesWinner6/10
7/10PlatformsWinner9/10
10/10WinnerEducation & Research6/10
4/10Deposits & WithdrawalsWinner10/10
10/10SupportTied10/10

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Overview

Bailieu was founded in 2012 and is headquartered in Australia, while FP Markets was established in 2005 and is based in Australia. Both brokers are regulated by Australian Securities and Investment Commission (ASIC), among other authorities. Bailieu serves 10,000+ clients worldwide; FP Markets has 10,000+. The minimum deposit is $10000 at Bailieu and $100 at FP Markets.

FP Markets wins this category
FeatureBailieuFP Markets
Min. Deposit$10000$100
RegulationAustralian Securities and Investment Commission (ASIC)Australian Securities and Investment Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC)
Founded20122005
CountryAustraliaAustralia
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Bailieu and FP Markets, directly affecting your bottom line as a trader. FP Markets has a lower barrier to entry with a minimum deposit of $100 (vs $10000 at Bailieu). Neither broker charges withdrawal fees. FP Markets charges deposit fees; Bailieu does not. Overall, FP Markets scores higher on fees in our assessment.

FP Markets wins this category
FeatureBailieuFP Markets
Min. Deposit$10000$100
Withdrawal FeesNoNo
Inactivity FeesNoNo
Deposit FeesNoYes
CFD FeesNoYes

Platforms

Bailieu offers MT5, cTrader, while FP Markets supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. FP Markets supports social and copy trading features, which Bailieu does not offer. FP Markets edges ahead on platform breadth and functionality in our scoring.

FP Markets wins this category
FeatureBailieuFP Markets
MT4NoYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsAndroid Apps,iPhone/iPad,DesktopMT4, MT5, IRESS, Mac, Web Trader, Tablet & Mobile apps

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how Bailieu and FP Markets compare. Both brokers run regular live webinars. Both provide video tutorials, including advanced content. Daily market commentary is available from both brokers. Both integrate third-party research tools including Trading Central. Archived webinars are available at both brokers for self-paced learning. Bailieu scores higher overall in education and research.

Bailieu wins this category
FeatureBailieuFP Markets
Forex EducationYesNo
CFD EducationYesYes
Weekly WebinarsYesYes
Daily CommentaryYesYes
Trading CentralYesYes
AutochartistYesNo

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Bailieu accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while FP Markets supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). FP Markets uniquely supports PayPal and Skrill and Neteller among the two brokers. FP Markets scores higher on deposit and withdrawal flexibility.

FP Markets wins this category
FeatureBailieuFP Markets
Bank TransferYesYes
Credit CardYesYes
PayPalNoYes
SkrillNoYes
NetellerNoYes

Support

Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Bailieu and FP Markets offer live chat support. Both provide phone support. Email support is available at both brokers. Bailieu offers multilingual support. Both brokers are comparable on support quality.

Tied
FeatureBailieuFP Markets
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseNot available