FP Markets
OptionWeb
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Overview
FP Markets was founded in 2005 and is headquartered in Australia, while OptionWeb was established in 2012 and is based in Cyprus. FP Markets holds licences including Australian Securities and Investment Commission (ASIC), while OptionWeb is regulated by Cyprus Securities and Exchange Commission (CySEC) among others. FP Markets serves 10,000+ clients worldwide; OptionWeb has 10,000+. The minimum deposit is $100 at FP Markets and $200 at OptionWeb.
| Feature | FP Markets | OptionWeb |
|---|---|---|
| Min. Deposit | $100 | $200 |
| Regulation | Australian Securities and Investment Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC) | Cyprus Securities and Exchange Commission (CySEC) |
| Founded | 2005 | 2012 |
| Country | Australia | Cyprus |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between FP Markets and OptionWeb, directly affecting your bottom line as a trader. FP Markets has a lower barrier to entry with a minimum deposit of $100 (vs $200 at OptionWeb). Neither broker charges withdrawal fees. FP Markets charges deposit fees; OptionWeb does not. Overall, OptionWeb scores higher on fees in our assessment.
| Feature | FP Markets | OptionWeb |
|---|---|---|
| Min. Deposit | $100 | $200 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | No |
| CFD Fees | Yes | No |
Platforms
FP Markets offers MT4, MT5, cTrader, while OptionWeb supports MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. FP Markets supports social and copy trading features, which OptionWeb does not offer. FP Markets edges ahead on platform breadth and functionality in our scoring.
| Feature | FP Markets | OptionWeb |
|---|---|---|
| MT4 | Yes | No |
| 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 | Binary, 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 OptionWeb compare. FP Markets runs regular live webinars; OptionWeb does not. Both provide video tutorials. FP Markets publishes daily market commentary; OptionWeb 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 | FP Markets | OptionWeb |
|---|---|---|
| Forex Education | No | Yes |
| CFD Education | Yes | No |
| Weekly Webinars | Yes | No |
| Daily Commentary | Yes | No |
| Trading Central | Yes | No |
| 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 OptionWeb supports 2 (bank transfer, credit/debit card). FP Markets uniquely supports PayPal and Skrill and Neteller among the two brokers. FP Markets scores higher on deposit and withdrawal flexibility.
| Feature | FP Markets | OptionWeb |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | Yes | No |
| Skrill | Yes | No |
| Neteller | Yes | No |
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 OptionWeb offer live chat support. Both provide phone support. Email support is available at both brokers. OptionWeb offers multilingual support. Both brokers are comparable on support quality.
| Feature | FP Markets | OptionWeb |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | Not available | English, and Chinese |