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FP Markets logo

FP Markets

8.5/10

Wilsons Advisory And Stockbroking

5.2/10
9/10WinnerRegulation4/10
6/10WinnerFees2/10
9/10PlatformsTied9/10
6/10WinnerEducation & Research4/10
10/10WinnerDeposits & Withdrawals4/10
10/10SupportTied10/10

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Overview

FP Markets was founded in 2005 and is headquartered in Australia, while Wilsons Advisory And Stockbroking was established in 2008 and is based in Australia. FP Markets holds licences including Australian Securities and Investment Commission (ASIC), while Wilsons Advisory And Stockbroking is regulated by Unregulated among others. FP Markets serves 10,000+ clients worldwide; Wilsons Advisory And Stockbroking has 10,000+. Both brokers share the same minimum deposit of $100.

FP Markets wins this category
FeatureFP MarketsWilsons Advisory And Stockbroking
Min. Deposit$100$100
RegulationAustralian Securities and Investment Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC)Unregulated
Founded20052008
CountryAustraliaAustralia
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between FP Markets and Wilsons Advisory And Stockbroking, directly affecting your bottom line as a trader. Both require a minimum deposit of $100. Wilsons Advisory And Stockbroking charges withdrawal fees while FP Markets does not, giving FP Markets an edge for frequent withdrawers. Wilsons Advisory And Stockbroking applies inactivity fees on dormant accounts; FP Markets does not. FP Markets charges deposit fees; Wilsons Advisory And Stockbroking does not. Overall, FP Markets scores higher on fees in our assessment.

FP Markets wins this category
FeatureFP MarketsWilsons Advisory And Stockbroking
Min. Deposit$100$100
Withdrawal FeesNoYes
Inactivity FeesNoYes
Deposit FeesYesYes
CFD FeesYesYes

Platforms

FP Markets offers MT4, MT5, cTrader, while Wilsons Advisory And Stockbroking supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. FP Markets supports social and copy trading features, which Wilsons Advisory And Stockbroking does not offer. The two brokers are closely matched on platform offering.

Tied
FeatureFP MarketsWilsons Advisory And Stockbroking
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsMT4, MT5, IRESS, Mac, Web Trader, Tablet & Mobile appsMetatrader 4 - desktop, iOS and Android versions available.

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how FP Markets and Wilsons Advisory And Stockbroking compare. FP Markets runs regular live webinars; Wilsons Advisory And Stockbroking does not. Both provide video tutorials. FP Markets publishes daily market commentary; Wilsons Advisory And Stockbroking 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.

FP Markets wins this category
FeatureFP MarketsWilsons Advisory And Stockbroking
Forex EducationNoYes
CFD EducationYesNo
Weekly WebinarsYesNo
Daily CommentaryYesNo
Trading CentralYesNo
AutochartistNoYes

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 Wilsons Advisory And Stockbroking 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 MarketsWilsons Advisory And Stockbroking
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 Wilsons Advisory And Stockbroking offer live chat support. Both provide phone support. Email support is available at both brokers. Wilsons Advisory And Stockbroking offers multilingual support. Both brokers are comparable on support quality.

Tied
FeatureFP MarketsWilsons Advisory And Stockbroking
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesNot availableEnglish, and Chinese