B
FP Markets logo

FP Markets

8.5/10
hsbc online share trading logo

hsbc online share trading

7/10
9/10RegulationWinner10/10
6/10WinnerFees0/10
9/10PlatformsTied9/10
6/10WinnerEducation & Research0/10
10/10Deposits & WithdrawalsTied10/10
10/10SupportTied10/10

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Overview

FP Markets was founded in 2005 and is headquartered in Australia, while hsbc online share trading was established in 2013 and is based in United States. FP Markets holds licences including Australian Securities and Investment Commission (ASIC), while hsbc online share trading is regulated by Financial Conduct Authority (FCA) among others. FP Markets serves 10,000+ clients worldwide; hsbc online share trading has 10,000+. The minimum deposit is $100 at FP Markets and $250 at hsbc online share trading.

FP Markets wins this category
FeatureFP Marketshsbc online share trading
Min. Deposit$100$250
RegulationAustralian Securities and Investment Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC)Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F256
Founded20052013
CountryAustraliaUnited States
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between FP Markets and hsbc online share trading, 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 hsbc online share trading). Neither broker charges withdrawal fees. FP Markets charges deposit fees; hsbc online share trading does not. Overall, FP Markets scores higher on fees in our assessment.

FP Markets wins this category
FeatureFP Marketshsbc online share trading
Min. Deposit$100$250
Withdrawal FeesNoNo
Inactivity FeesNoNo
Deposit FeesYesYes
CFD FeesYesYes

Platforms

FP Markets offers MT4, MT5, cTrader, while hsbc online share trading 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.

Tied
FeatureFP Marketshsbc online share trading
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMT4, MT5, IRESS, Mac, Web Trader, Tablet & Mobile appsMT4, 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 hsbc online share trading compare. FP Markets runs regular live webinars; hsbc online share trading does not. FP Markets has a video library; hsbc online share trading does not. FP Markets publishes daily market commentary; hsbc online share trading does not. FP Markets integrates third-party research tools (Trading Central); hsbc online share trading does not. FP Markets maintains an archive of past webinars for on-demand viewing. FP Markets scores higher overall in education and research.

FP Markets wins this category
FeatureFP Marketshsbc online share trading
Forex EducationNoNo
CFD EducationYesNo
Weekly WebinarsYesNo
Daily CommentaryYesNo
Trading CentralYesNo
AutochartistNoNo

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 hsbc online share trading supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). Both brokers support the same set of payment methods.

Tied
FeatureFP Marketshsbc online share trading
Bank TransferYesYes
Credit CardYesYes
PayPalYesYes
SkrillYesYes
NetellerYesYes

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 hsbc online share trading offer live chat support. Both provide phone support. Email support is available at both brokers. hsbc online share trading offers multilingual support. Both brokers are comparable on support quality.

Tied
FeatureFP Marketshsbc online share trading
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesNot availableEnglish, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic