Forex EE
FP Markets
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Overview
Forex EE was founded in 2008 and is headquartered in Grenadines, while FP Markets was established in 2005 and is based in Australia. Forex EE holds licences including Ministry of Economic Affairs in Estonia, while FP Markets is regulated by Australian Securities and Investment Commission (ASIC) among others. Forex EE serves 10,000+ clients worldwide; FP Markets has 10,000+. Both brokers share the same minimum deposit of $100.
| Feature | Forex EE | FP Markets |
|---|---|---|
| Min. Deposit | $100 | $100 |
| Regulation | Ministry of Economic Affairs in Estonia | 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 Forex EE and FP Markets, directly affecting your bottom line as a trader. Both require a minimum deposit of $100. Forex EE charges withdrawal fees while FP Markets does not, a notable advantage for frequent withdrawers. FP Markets charges deposit fees; Forex EE does not. The two brokers are broadly comparable on fee structure.
| Feature | Forex EE | FP Markets |
|---|---|---|
| Min. Deposit | $100 | $100 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | No | No |
| Deposit Fees | No | Yes |
| CFD Fees | No | Yes |
Platforms
Forex EE 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 Forex EE does not offer. FP Markets edges ahead on platform breadth and functionality in our scoring.
| Feature | Forex EE | FP Markets |
|---|---|---|
| MT4 | No | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MetaTrader 4 | 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 Forex EE and FP Markets compare. FP Markets runs regular live webinars; Forex EE does not. Both provide video tutorials. FP Markets publishes daily market commentary; Forex EE does not. Both integrate third-party research tools. FP Markets maintains an archive of past webinars for on-demand viewing. FP Markets scores higher overall in education and research.
| Feature | Forex EE | FP Markets |
|---|---|---|
| Forex Education | Yes | No |
| CFD Education | No | Yes |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | Yes |
| Trading Central | No | Yes |
| Autochartist | Yes | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Forex EE 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 | Forex EE | 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 Forex EE and FP Markets offer live chat support. Both provide phone support. Email support is available at both brokers. Forex EE offers multilingual support. Both brokers are comparable on support quality.
| Feature | Forex EE | FP Markets |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | Not available |