FP Markets
Ustocktrade
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Overview
FP Markets was founded in 2005 and is headquartered in Australia, while Ustocktrade was established in 2008 and is based in United States. FP Markets holds licences including Australian Securities and Investment Commission (ASIC), while Ustocktrade is regulated by Securities and Exchange Commission (SEC) among others. FP Markets serves 10,000+ clients worldwide; Ustocktrade has 10,000+. The minimum deposit is $100 at FP Markets and $0 at Ustocktrade.
| Feature | FP Markets | Ustocktrade |
|---|---|---|
| Min. Deposit | $100 | $0 |
| Regulation | Australian Securities and Investment Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC) | Securities and Exchange Commission (SEC) |
| Founded | 2005 | 2008 |
| Country | Australia | United States |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between FP Markets and Ustocktrade, directly affecting your bottom line as a trader. Ustocktrade has a lower barrier to entry with a minimum deposit of $0 (vs $100 at FP Markets). Neither broker charges withdrawal fees. FP Markets charges deposit fees; Ustocktrade does not. Overall, Ustocktrade scores higher on fees in our assessment.
| Feature | FP Markets | Ustocktrade |
|---|---|---|
| Min. Deposit | $100 | $0 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | No |
| CFD Fees | Yes | No |
Platforms
FP Markets offers MT4, MT5, cTrader, while Ustocktrade supports MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. FP Markets supports social and copy trading features, which Ustocktrade does not offer. FP Markets edges ahead on platform breadth and functionality in our scoring.
| Feature | FP Markets | Ustocktrade |
|---|---|---|
| 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 | Desktop,Android,iPhone/iPad,Mac |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how FP Markets and Ustocktrade 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. Ustocktrade scores higher overall in education and research.
| Feature | FP Markets | Ustocktrade |
|---|---|---|
| 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 Ustocktrade 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 | Ustocktrade |
|---|---|---|
| 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 Ustocktrade offer live chat support. Both provide phone support. Email support is available at both brokers. Ustocktrade offers multilingual support. Both brokers are comparable on support quality.
| Feature | FP Markets | Ustocktrade |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | Not available | English, and Chinese |