FP Markets
World Forex Review
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Overview
FP Markets was founded in 2005 and is headquartered in Australia, while World Forex Review was established in 2008 and is based in Vanuatu. FP Markets holds licences including Australian Securities and Investment Commission (ASIC), while World Forex Review is regulated by Vanuatu Financial Services Commission (VFSC) among others. FP Markets serves 10,000+ clients worldwide; World Forex Review has 10,000+. Both brokers share the same minimum deposit of $100.
| Feature | FP Markets | World Forex Review |
|---|---|---|
| Min. Deposit | $100 | $100 |
| Regulation | Australian Securities and Investment Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC) | Vanuatu Financial Services Commission (VFSC) |
| Founded | 2005 | 2008 |
| Country | Australia | Vanuatu |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between FP Markets and World Forex Review, directly affecting your bottom line as a trader. Both require a minimum deposit of $100. World Forex Review charges withdrawal fees while FP Markets does not, giving FP Markets an edge for frequent withdrawers. FP Markets charges deposit fees; World Forex Review does not. Overall, FP Markets scores higher on fees in our assessment.
| Feature | FP Markets | World Forex Review |
|---|---|---|
| Min. Deposit | $100 | $100 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | Yes |
| CFD Fees | Yes | Yes |
Platforms
FP Markets offers MT4, MT5, cTrader, while World Forex Review supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. FP Markets supports social and copy trading features, which World Forex Review does not offer. The two brokers are closely matched on platform offering.
| Feature | FP Markets | World Forex Review |
|---|---|---|
| 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 | Android Apps,iPhone/iPad,Desktop |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how FP Markets and World Forex Review 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. World Forex Review scores higher overall in education and research.
| Feature | FP Markets | World Forex Review |
|---|---|---|
| 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 World Forex Review 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 | World Forex Review |
|---|---|---|
| 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 World Forex Review offer live chat support. Both provide phone support. Email support is available at both brokers. World Forex Review offers multilingual support. Both brokers are comparable on support quality.
| Feature | FP Markets | World Forex Review |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | Not available | English, and Chinese |