FP Markets
fxdd
BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.
Overview
FP Markets was founded in 2005 and is headquartered in Australia, while fxdd was established in 2010 and is based in Belize. FP Markets holds licences including Australian Securities and Investment Commission (ASIC), while fxdd is regulated by Malta Financial Services Authority MFSA IS/48817. Financial Services Commission among others. FP Markets serves 10,000+ clients worldwide; fxdd has 14,000,000+. The minimum deposit is $100 at FP Markets and $250 at fxdd.
| Feature | FP Markets | fxdd |
|---|---|---|
| Min. Deposit | $100 | $250 |
| Regulation | Australian Securities and Investment Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC) | Malta Financial Services Authority MFSA IS/48817. Financial Services Commission, Mauritius. License Number C117017252 |
| Founded | 2005 | 2010 |
| Country | Australia | Belize |
| Clients | 10,000+ | 14,000,000+ |
Fees
Fees are a critical factor when choosing between FP Markets and fxdd, directly affecting your bottom line as a trader. FP Markets has a lower barrier to entry with a minimum deposit of $100 (vs $250 at fxdd). Neither broker charges withdrawal fees. FP Markets charges deposit fees; fxdd does not. Overall, FP Markets scores higher on fees in our assessment.
| Feature | FP Markets | fxdd |
|---|---|---|
| Min. Deposit | $100 | $250 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | No |
| CFD Fees | Yes | No |
Platforms
FP Markets offers MT4, MT5, cTrader, while fxdd 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 | FP Markets | fxdd |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4, MT5, IRESS, Mac, Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how FP Markets and fxdd 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. fxdd scores higher overall in education and research.
| Feature | FP Markets | fxdd |
|---|---|---|
| Forex Education | No | Yes |
| CFD Education | Yes | Yes |
| Weekly Webinars | Yes | Yes |
| Daily Commentary | Yes | Yes |
| Trading Central | Yes | Yes |
| Autochartist | No | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. FP Markets accepts 5 of the tracked payment methods (bank transfer, credit/debit card, PayPal, Skrill, Neteller), while fxdd supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). Both brokers support the same set of payment methods.
| Feature | FP Markets | fxdd |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | Yes | Yes |
| Skrill | Yes | 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 FP Markets and fxdd offer live chat support. Both provide phone support. Email support is available at both brokers. fxdd offers multilingual support. Both brokers are comparable on support quality.
| Feature | FP Markets | fxdd |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | Not available | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic |