Compare InstaForex Vs FP Markets: Which is the Better Forex Broker in 2024?
InstaForex Vs FP Markets, which one is better? Both brokers are often compared to each other to find which one comes out to be the better one. What many traders may not comprehend is that the best choice may differ for every one of them, and there's nothing wrong with it. To make it easier for you to decide which one is the best between InstaForex Vs FP Markets, here is the direct comparison:
Compare | InstaForex | FP Markets |
General Rating |
2.22/5 |
3.20/5 |
Score | ||
Trustpilot |
2.6/5 329 users |
4.8/5 6293 users |
πΌ Regulation | ||
β Info | ||
β Established | 2007 | 2005 |
π² Min Deposit | $1 | $100 |
β Max Leverage | 1:1000 | 1:500 |
π’ Spread | Fixed | Variable |
πΈ Commissions | $30 | $3 |
π‘ Min Position | 0.0001 lot | 0.01 lot |
π³ Payment | Skrill, Wire transfer, Credit/debit cards, Neteller, UnionPay, AliPay, SOFORT, Crypto, Litecoin, Dash, Crypto Cash, AdvCash, Ripple, Tether (USDT), Dogecoin, NEO, AstroPay and EOS.IO | Apple Pay, Crypto, Credit/debit cards, Dash, Dragonpay, Ethereum, FasaPay, Google Pay, Litecoin, Local bank transfer, Neteller, Ripple, Skrill, Tether (USDT), USD Coin (USDC), Wire transfer, Zcash and Perfect Money |
π’ Office(s) |
𧩠Demo Account | ||
π Segregated Account | ||
π Islamic Account | ||
π¨βπ» PAMM Account | ||
π Managed Account |
π± Hedging | ||
πΊπΈ US traders | ||
π Swaps |
π Trading contests | ||
β‘ Automated trading | ||
π° Bonus offers | ||
π Free education |
1οΈβ£ One-click trading | ||
β± Trailing stop | ||
β³ Pending orders |
Forex | ||
CFD | ||
Indexes | ||
Spread Betting | ||
Gold & Silver | ||
Crypto | ||
Stocks | ||
Oil | ||
Metals | ||
Energies | ||
Futures | ||
ETF | ||
Options | ||
Agriculture | ||
Commodities | ||
Stock | ||
Indices | ||
Etf | ||
Bonds | ||
Binary Options | ||
ETFs | ||
Corporate Stocks | ||
Shares | ||
Silver | ||
Index | ||
Physical Stock |
π£ Website Languages | Arabic, Azerbaijani, Bulgarian, Czech, German, English, Spanish, Indonesian, Italian, Japanese, Georgian, Lithuanian, Latvian/Lettish, Malay, Dutch, Polish, Portuguese, Russian, Slovak, Turkish, Ukrai | Arabic, Chinese, English, French, Indonesian, Italian, Malay, Portuguese, Russian, Spanish, Vietnamese |
πͺ Trade Now | Open InstaForex | Open FP Markets |
Compare Again
Testimonials
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InstaForex: Hi, I have been trading with InstaForex since last Christmas....
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InstaForex: I noticed that InstaForex also accept cash deposit as well...
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InstaForex: I have experienced smooth trading experiments with this broker. Although...
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InstaForex: I just start trading with this broker and so far...
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InstaForex: InstaForex is one of few brokers that actually keep their...
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FP Markets: It's concerning me
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FP Markets: Impressive cost
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FP Markets: Very pleased!
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FP Markets: Total gem!
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FP Markets: Problem with withdrawal
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See More InstaForex Testimonials
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See More FP Markets Testimonials
News
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FP Markets Awarded Best for Fees & Algorithmic Trading
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Unleash Your Earning Potential: Refer a Friend to FP Markets and Earn Up to $200!
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Level Up Your Trades: FP Markets Forex Broker Partners with TradingView
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Forex Broker InstaForex Awarded the Best Forex Broker in LatAm
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Forex Broker FP Markets Expands to Africa with Kenya License
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FP Markets Crowns the Best Trading Tool in 2023 by FXScouts
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FP Markets Powers Cricket Brasil Youth with Impactful Sponsorship
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Unlock Your Fortune: InstaForex Presents the Grand Choice Contest
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FP Markets Introducing CFDs Paired Against Cross Currencies
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See More Related InstaForex News
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See More Related FP Markets News
Article
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How to Deposit and Withdraw in InstaForex
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InstaForex App Review: Trade Forex Like a Pro on Your Phone
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How to Verify Your InstaForex Account
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How to Open Account in InstaForex
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How to Verify Your Trading Account on FP Markets
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InstaForex Chancy Deposit: Boost Your Deposit Every Month
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InstaForex 100% Bonus Agreement: Get Up to $2,000
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Increase Your Profit Chance with InstaForex 30% Bonus
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XM Vs FP Markets for Commodity Trading
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See More Related InstaForex Article
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Bonus
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InstaForex: $1000 STARTUP bonus from InstaForex
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InstaForex: Double Your Deposit with InstaForex 100% Bonus
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InstaForex: Join InstaForex Club Bonus to Maximize Your Profit!
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FP Markets: A Warm Welcome Awaits You! Claim FP Markets $30 No Deposit Bonus Now!
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See More InstaForex Bonus
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See More FP Markets Bonus
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- Comparison List
Which one has the better spread?
Considering that spread is a trading cost, the lower the spread, the better it is for traders. However, spread information among brokers is not easy to get, as not every broker transparently publishes their spreads data.
However, traders can still choose their ideal brokers by the type of their spreads. The most two popular types of spread are fixed and variable. The pros and cons between the two spreads can vary for every trader. In this case, InstaForex provides their pricing with Fixed spread while FP Markets offers Variable spread.
InstaForex vs FP Markets: Who hosts the best trading platform?
The trading platform is essential as you can't execute a trade without it. Additionally, trading platforms provide price charts and an assortment of analytical tools to help traders with their strategies.
To support their clients, InstaForex enables trading with MetaTrader 4, MetaTrader 5, Web, Social trading. The offer is supported with One-click trading, Trailing stop, Pending orders. In comparison, FP Markets provides trading with MetaTrader 4, MetaTrader 5, TradingView, cTrader, Web with the support of One-click trading, Trailing stop, Pending orders.
Is InstaForex or FP Markets better in providing the trading instruments?
It is widely known that forex brokers offer other trading instruments other than currency pairs. The offer gives interesting choices for traders to explore other markets that may be proven beneficial for them and to diversify their trading portfolios.
In this case, InstaForex supports trading with Forex, Gold & silver, CFD, Binary options, Crypto, Oil, Indices, Stock, Commodities, while FP Markets presents the ability of trading with Forex, Indexes, Metals, Crypto, ETFs, Stocks, Commodities, Gold & Silver, Bonds.
In conclusion, deciding the better broker eventually comes down to your consideration. If you are an active trader, it is better to choose a broker with a variable spread that is generally lower than the fixed one. For the trading platform, MetaTrader 4 is the standard choice for every trader. But if you want to have a different experience with a more advanced platform, choose the broker that provides alternative platforms. The same goes for trading instruments; if you want to try delving into different markets, seek for a broker with more options on trading instruments.
Looking for more references? Here are other comparisons related to InstaForex and FP Markets:
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- Compare InstaForex vs Interactive Brokers
- Compare InstaForex vs GOMarkets
- Compare FP Markets vs Blaze Markets
- Compare FP Markets vs Grand Capital
- Compare FP Markets vs FIBOGroup
For more comparisons, visit this page.