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FP Markets logo

FP Markets

8.5/10

Vanguard Investments

6.9/10
9/10WinnerRegulation5/10
6/10FeesWinner10/10
9/10PlatformsTied9/10
6/10Education & ResearchTied6/10
10/10WinnerDeposits & Withdrawals4/10
10/10SupportTied10/10

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Overview

FP Markets was founded in 2005 and is headquartered in Australia, while Vanguard Investments was established in 2008 and is based in United States. FP Markets holds licences including Australian Securities and Investment Commission (ASIC), while Vanguard Investments is regulated by Office of the Comptroller of the Currency among others. FP Markets serves 10,000+ clients worldwide; Vanguard Investments has 10,000+. The minimum deposit is $100 at FP Markets and $0 at Vanguard Investments.

FP Markets wins this category
FeatureFP MarketsVanguard Investments
Min. Deposit$100$0
RegulationAustralian Securities and Investment Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC)Office of the Comptroller of the Currency
Founded20052008
CountryAustraliaUnited States
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between FP Markets and Vanguard Investments, directly affecting your bottom line as a trader. Vanguard Investments has a lower barrier to entry with a minimum deposit of $0 (vs $100 at FP Markets). Vanguard Investments charges withdrawal fees while FP Markets does not, giving FP Markets an edge for frequent withdrawers. Vanguard Investments applies inactivity fees on dormant accounts; FP Markets does not. FP Markets charges deposit fees; Vanguard Investments does not. Overall, Vanguard Investments scores higher on fees in our assessment.

Vanguard Investments wins this category
FeatureFP MarketsVanguard Investments
Min. Deposit$100$0
Withdrawal FeesNoYes
Inactivity FeesNoYes
Deposit FeesYesNo
CFD FeesYesNo

Platforms

FP Markets offers MT4, MT5, cTrader, while Vanguard Investments 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 MarketsVanguard Investments
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMT4, MT5, IRESS, Mac, Web Trader, Tablet & Mobile appsMT4,Desktop,Android,iPhone,Mac

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how FP Markets and Vanguard Investments 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. The two brokers are evenly matched on educational content.

Tied
FeatureFP MarketsVanguard Investments
Forex EducationNoNo
CFD EducationYesYes
Weekly WebinarsYesYes
Daily CommentaryYesYes
Trading CentralYesYes
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 Vanguard Investments 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.

FP Markets wins this category
FeatureFP MarketsVanguard Investments
Bank TransferYesYes
Credit CardYesYes
PayPalYesNo
SkrillYesNo
NetellerYesNo

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 Vanguard Investments offer live chat support. Both provide phone support. Email support is available at both brokers. Vanguard Investments offers multilingual support. Both brokers are comparable on support quality.

Tied
FeatureFP MarketsVanguard Investments
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesNot availableEnglish, and Chinese