ETX Capital
FP Markets
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Overview
ETX Capital was founded in 2002 and is headquartered in UK, while FP Markets was established in 2005 and is based in Australia. ETX Capital holds licences including Financial Conduct Authority (FCA), while FP Markets is regulated by Australian Securities and Investment Commission (ASIC) among others. ETX Capital serves 10,000+ clients worldwide; FP Markets has 10,000+. Both brokers share the same minimum deposit of $100.
| Feature | ETX Capital | FP Markets |
|---|---|---|
| Min. Deposit | $100 | $100 |
| Regulation | Financial Conduct Authority (FCA) | Australian Securities and Investment Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC) |
| Founded | 2002 | 2005 |
| Country | UK | Australia |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between ETX Capital and FP Markets, directly affecting your bottom line as a trader. Both require a minimum deposit of $100. Neither broker charges withdrawal fees. FP Markets charges deposit fees; ETX Capital does not. Overall, ETX Capital scores higher on fees in our assessment.
| Feature | ETX Capital | FP Markets |
|---|---|---|
| Min. Deposit | $100 | $100 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | No |
| Deposit Fees | No | Yes |
| CFD Fees | No | Yes |
Platforms
ETX Capital offers MT4, 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 ETX Capital does not offer. The two brokers are closely matched on platform offering.
| Feature | ETX Capital | 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, Mirror Trader, Binary, 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 ETX Capital 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. ETX Capital scores higher overall in education and research.
| Feature | ETX Capital | FP Markets |
|---|---|---|
| Forex Education | Yes | No |
| CFD Education | Yes | Yes |
| Weekly Webinars | Yes | Yes |
| Daily Commentary | Yes | Yes |
| Trading Central | Yes | Yes |
| Autochartist | Yes | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. ETX Capital accepts 3 of the tracked payment methods (bank transfer, credit/debit card, Neteller), while FP Markets supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). FP Markets uniquely supports PayPal and Skrill among the two brokers. FP Markets scores higher on deposit and withdrawal flexibility.
| Feature | ETX Capital | FP Markets |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | Yes |
| Skrill | No | Yes |
| Neteller | Yes | Yes |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both ETX Capital and FP Markets offer live chat support. Both provide phone support. Email support is available at both brokers. ETX Capital offers multilingual support. Both brokers are comparable on support quality.
| Feature | ETX Capital | FP Markets |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, French, Spanish, German, Polish, Czech, Greek and Mandarin | Not available |