CFI Markets
FP Markets
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Overview
CFI Markets was founded in 2012 and is headquartered in Cyprus, while FP Markets was established in 2005 and is based in Australia. CFI Markets holds licences including Financial Conduct Authority (FCA), while FP Markets is regulated by Australian Securities and Investment Commission (ASIC) among others. CFI Markets serves 10,000+ clients worldwide; FP Markets has 10,000+. Both brokers share the same minimum deposit of $100.
| Feature | CFI Markets | FP Markets |
|---|---|---|
| Min. Deposit | $100 | $100 |
| Regulation | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), The Federal Financial Supervisory Authority Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin) | Australian Securities and Investment Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC) |
| Founded | 2012 | 2005 |
| Country | Cyprus | Australia |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between CFI Markets and FP Markets, directly affecting your bottom line as a trader. Both require a minimum deposit of $100. CFI Markets charges withdrawal fees while FP Markets does not, a notable advantage for frequent withdrawers. CFI Markets applies inactivity fees on dormant accounts; FP Markets does not. CFI Markets charges deposit fees; FP Markets does not. Overall, FP Markets scores higher on fees in our assessment.
| Feature | CFI Markets | FP Markets |
|---|---|---|
| Min. Deposit | $100 | $100 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | Yes | No |
| Deposit Fees | Yes | Yes |
| CFD Fees | Yes | Yes |
Platforms
CFI Markets offers MT4, MT5, cTrader, while FP Markets supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Both brokers support copy or social trading, catering to less hands-on investors. The two brokers are closely matched on platform offering.
| Feature | CFI Markets | FP Markets |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4, Mac, Tablet & Mobile apps | MT4, 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 CFI Markets 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. The two brokers are evenly matched on educational content.
| Feature | CFI Markets | FP Markets |
|---|---|---|
| Forex Education | No | No |
| CFD Education | Yes | Yes |
| Weekly Webinars | Yes | Yes |
| Daily Commentary | Yes | Yes |
| Trading Central | Yes | Yes |
| Autochartist | No | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. CFI Markets 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.
| Feature | CFI Markets | FP Markets |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | Yes |
| Skrill | No | Yes |
| Neteller | No | Yes |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both CFI Markets and FP Markets offer live chat support. Both provide phone support. Email support is available at both brokers. CFI Markets offers multilingual support. Both brokers are comparable on support quality.
| Feature | CFI Markets | FP Markets |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | Not available |