GCI vs FP Markets

GCI or FP Markets – which is better for UK traders 2024? Compare GCI and FP Markets in this detailed breakdown of their platforms, features and fees.

GCI vs FP Markets Comparison Table 2024

GCI	FP Markets
2.3	4
GCI is ranked #97 among CFD brokers.	FP Markets is ranked #65 among CFD brokers.
Review	Review
GCI offers online trading in 300+ tradable assets with up to 1:400 leverage.	FP Markets is an ASIC- and CySEC-regulated broker that offers forex and CFD trading on a broad range of assets through the MT4, MT5 and IRESS platforms. With trading available through standard and raw spread accounts on thousands of international stocks, forex, indices, commodities, cryptocurrencies, bonds and ETFs, this broker has some of the most comprehensive market coverage available. FP Markets also offers a full range of additional features, including educational resources and access to powerful software such as Autochartist.
Pros
	Regulated and reputable broker with ASIC and CySEC oversight Tight spreads available on both the standard and raw spread account Good range of additional tools and features including educational content, Myfxbook and Autochartist Excellent line-up of charting platforms including MT4, MT5, cTrader and TradingView Bespoke copy trading platform High leverage up to 1:500
Cons
	$55 subscription fee on IRESS accounts Withdrawal fees for some payment types Does not accept US customers
Awards
Best Forex Broker Europe 2015 - ForexExpo Best Forex Customer Service 2015 - IFM Best Forex Broker Europe 2014 - ForexExpo Most Innovative Forex Broker Europe 2013 - International Finance Best Forex Broker Europe 2012 - Global Banking & Finance Review	Best Global Forex Value Broker 2019 - Global Forex Awards Best Quality of Trade Execution 2019 - Investment Trends
FCA Regulated
No List of FCA Regulated Brokers	No List of FCA Regulated Brokers
Instruments
Forex, CFDs, indices, shares, commodities	CFDs, Forex, Stocks, Indices, Commodities, Bonds, ETFs, Crypto
Demo Account
Yes	Yes
Minimum Deposit
$500	$100
Payment Methods
Perfect Money Wire Transfer	Credit Cards FasaPay Mastercard Neteller Perfect Money Skrill Visa Wire Transfer
Minimum Trade
0.01 Lots	0.01 Lots
Regulator
	ASIC, CySEC, ESMA
Mobile Apps
Yes	iOS & Android
iOS App Rating
Android App Rating
Margin Trading
No	No
MetaTrader 4
Yes	Yes
MetaTrader 5
No	Yes
cTrader
No	Yes
AlgoTrader
No	No
OmniTrader
No	No
TradingView
No	Yes
Autochartist
No	Yes
eSignal
No	No
Trading Central
No	Yes
STP Account
No	Yes
ECN Account
No	Yes
DMA Account
No	Yes
MAM Account
No	Yes
PAMM Account
No	Yes
LAMM Account
No	No
Demat Account
No	No
AI / Machine Learning
No	No
Robo Advisor
No	No
Negative Balance Protection
No	Yes
Market Maker
No	Yes
P2P Trading
No	No
Spot Trading
No	Yes
Auto Trading
Yes	Expert Advisors (EAs) on MetaTrader
Copy Trading
No	Yes
Copy Trading Platform
	FP Markets Social Trading app allows for the straightforward mirroring of established traders with an easy-to-follow ranking system.
Social Trading
Yes	Yes
Trade Signals
Yes
VPS Hosting
No	Yes
Tournaments
No	No
Demo Competitions
No	No
Ethical Investing
No	No
Custodial Account
No	No
Guaranteed Stop Loss
No	No
Inactivity Fee
	$0
Islamic Account
Yes	Yes
Account Currencies
	USD EUR GBP CAD AUD JPY TRY CHF PLN CZK THB VND
Commodities
Gold Natural Gas	Gold Silver Natural Gas Oil Platinum Palladium Copper Aluminium Soybeans Corn Wheat Steel Iron
CFD
Trade in multiple online financial markets.	FP Markets' CFD trading covers a range of markets, including 10,000+ equities, indices, commodities, cryptocurrencies and ETFs. Spreads are tight and traders get fast execution speeds.
Leverage
1:400	1:30 (UK), 1:500 (Global)
FTSE Spread
3	1.64
GBPUSD Spread<
2	1.9 average
Oil Spread
4	0.04
Stocks Spread
Variable	Variable
Forex
Trade dozens of leading online forex pairs.	FP Markets is a good option for forex traders, with 70+ pairs covering an excellent range of currencies. Spreads are already tight on standard accounts and start from zero on raw spread accounts, and the broker offers high leverage up to 1:500 and top-tier liquidity.
Assets
40+	60+
GBPUSD Spread
2	1.9
EURUSD Spread
1	1.1
EURGBP Spread
2	1.7
Currency Indices
	USD
Cryptocurrency
	Take positions on popular cryptocurrencies, including Bitcoin, Ethereum, Ripple, Bitcoin Cash, and Litecoin with leveraged CFDs. However, you cannot directly buy and own crypto tokens.
Spread
	Floating
Coins
	ADA BCH BTC DOG DOT EOS ETH LNK LTX XRP SOL XLM
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No
GCI	FP Markets
Review	Review
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