FP Markets
traders way
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Overview
FP Markets was founded in 2005 and is headquartered in Australia, while traders way was established in 2012 and is based in Grenadines. FP Markets holds licences including Australian Securities and Investment Commission (ASIC), while traders way is regulated by Financial Conduct Authority (FCA) among others. FP Markets serves 10,000+ clients worldwide; traders way has 10,000+. The minimum deposit is $100 at FP Markets and $250 at traders way.
| Feature | FP Markets | traders way |
|---|---|---|
| Min. Deposit | $100 | $250 |
| Regulation | Australian 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-F327 |
| Founded | 2005 | 2012 |
| Country | Australia | Grenadines |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between FP Markets and traders way, 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 traders way). traders way charges withdrawal fees while FP Markets does not, giving FP Markets an edge for frequent withdrawers. FP Markets charges deposit fees; traders way does not. Overall, FP Markets scores higher on fees in our assessment.
| Feature | FP Markets | traders way |
|---|---|---|
| Min. Deposit | $100 | $250 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | Yes |
| CFD Fees | Yes | No |
Platforms
FP Markets offers MT4, MT5, cTrader, while traders way 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 | traders way |
|---|---|---|
| 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 traders way compare. FP Markets runs regular live webinars; traders way does not. Both provide video tutorials. FP Markets publishes daily market commentary; traders way 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 | traders way |
|---|---|---|
| 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 traders way supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). Both brokers support the same set of payment methods.
| Feature | FP Markets | traders way |
|---|---|---|
| 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 traders way offer live chat support. Both provide phone support. Email support is available at both brokers. traders way offers multilingual support. Both brokers are comparable on support quality.
| Feature | FP Markets | traders way |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | Not available | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic |