Paxful vs FP Markets

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

Paxful vs FP Markets Comparison Table 2024
Paxful FP Markets
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rating full
3.8
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4
Paxful is ranked #83 among crypto brokers. FP Markets is ranked #65 among CFD brokers.
Paxful has closed or no longer accepts UK clients.
Paxful is a crypto trading exchange and digital wallet offering low fees and easy sign-up.
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 Global Forex Value Broker 2019 - Global Forex Awards
  • Best Quality of Trade Execution 2019 - Investment Trends
FCA Regulated
No No

List of FCA Regulated Brokers

Instruments
Cryptos CFDs, Forex, Stocks, Indices, Commodities, Bonds, ETFs, Crypto
Demo Account
No Yes
Minimum Deposit
0.005 BTC $100
Payment Methods
Minimum Trade
$10 0.01 Lots
Regulator
ASIC, CySEC, ESMA
Mobile Apps
Android & iOS iOS & Android
iOS App Rating
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rating empty
Android App Rating
rating empty
rating empty
Margin Trading
Yes No
MetaTrader 4
No 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
Yes No
Spot Trading
Yes Yes
Auto Trading
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
No 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
No Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • JPY
  • TRY
  • CHF
  • PLN
  • CZK
  • THB
  • VND
Commodities
  • Gold
  • Silver
  • Natural Gas
  • Oil
  • Platinum
  • Palladium
  • Copper
  • Aluminium
  • Soybeans
  • Corn
  • Wheat
  • Steel
  • Iron
CFD
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
1:30 (UK), 1:500 (Global)
FTSE Spread
1.64
GBPUSD Spread<
1.9 average
Oil Spread
0.04
Stocks Spread
Variable
Forex
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
60+
GBPUSD Spread
1.9
EURUSD Spread
1.1
EURGBP Spread
1.7
Currency Indices
  • USD
Cryptocurrency
Paxful offers buying and selling of the world's leading cryptocurrencies. 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
Rates set by vendors Floating
Coins
  • BTC
  • ETH
  • USDT
  • 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
Paxful FP Markets
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