Finpro
FP Markets
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Overview
Finpro was founded in 2008 and is headquartered in GRENADINES, while FP Markets was established in 2005 and is based in Australia. Finpro holds licences including Unregulated, while FP Markets is regulated by Australian Securities and Investment Commission (ASIC) among others. Finpro serves 10,000+ clients worldwide; FP Markets has 10,000+. The minimum deposit is $0 at Finpro and $100 at FP Markets.
| Feature | Finpro | FP Markets |
|---|---|---|
| Min. Deposit | $0 | $100 |
| Regulation | Unregulated | Australian Securities and Investment Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC) |
| Founded | 2008 | 2005 |
| Country | GRENADINES | Australia |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Finpro and FP Markets, directly affecting your bottom line as a trader. Finpro has a lower barrier to entry with a minimum deposit of $0 (vs $100 at FP Markets). Neither broker charges withdrawal fees. Finpro applies inactivity fees on dormant accounts; FP Markets does not. FP Markets charges deposit fees; Finpro does not. Overall, Finpro scores higher on fees in our assessment.
| Feature | Finpro | FP Markets |
|---|---|---|
| Min. Deposit | $0 | $100 |
| Withdrawal Fees | No | No |
| Inactivity Fees | Yes | No |
| Deposit Fees | No | Yes |
| CFD Fees | No | Yes |
Platforms
Finpro 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 Finpro does not offer. The two brokers are closely matched on platform offering.
| Feature | Finpro | 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 | 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 Finpro and FP Markets compare. FP Markets runs regular live webinars; Finpro does not. FP Markets has a video library; Finpro does not. FP Markets publishes daily market commentary; Finpro does not. FP Markets integrates third-party research tools (Trading Central); Finpro does not. FP Markets maintains an archive of past webinars for on-demand viewing. FP Markets scores higher overall in education and research.
| Feature | Finpro | FP Markets |
|---|---|---|
| Forex Education | No | No |
| CFD Education | No | Yes |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | Yes |
| Trading Central | No | Yes |
| Autochartist | No | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Finpro 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 | Finpro | 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 Finpro and FP Markets offer live chat support. Both provide phone support. Email support is available at both brokers. Finpro offers multilingual support. Both brokers are comparable on support quality.
| Feature | Finpro | FP Markets |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | Not available |