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Head to head
FP Markets or Vantage Markets? Fees, regulation, platform and product range compared side by side — with a verdict drawn from the data.
Risk warning: CFDs and leveraged products are complex instruments and come with a high risk of losing money rapidly. Investments can fall in value. Past performance is not an indicator of future results.
Twenty years of ASIC-regulated plumbing behind the widest platform choice in the CFD market.
The offshore CFD broker that kept the tier-1 licences and built its own platform instead of renting MetaTrader.
Advertising disclosure: where a partnership is active, we may earn a commission through broker links. The provider’s terms apply. Commissions do not influence our ratings; paid placements are separately labelled as sponsored.
Four decision axes, each derived from the recorded data.
Overall FP Markets takes it, 4.0 against 3.9 out of 5. The two pricing models cannot be converted like for like; the fee rows in the table carry the detail. Vantage Markets scores 78 against 68 out of 100 on the group index. Your account's protection depends on its legal entity. FP Markets covers more ground with 10 of 14 asset classes against 9. On platform and app Vantage Markets is ahead, 4.2 against 3.8 out of 5. Which one is right depends on which of these axes matters for your trading profile.
Vantage MarketsVantage MarketsVantage MarketsVantage MarketsVantage MarketsUp to four brokers at once — every row a decision point.
Data as of: 30 Aug 2026
| Criterion | ||
|---|---|---|
| Overall score | 4.0 — Better | 3.9 |
| Group index | 68 of 100 | 78 of 100 |
| Best for | DMA equity and futures CFD tradersTraders who want platform choiceActive forex tradersTradingView and cTrader usersCopy and social traders | Raw-spread FX tradersTradingView usersCopy tradingMulti-currency accountsSmall-balance ECN access |
| Regulation | ASICCySECFSCACMAFSASaint Lucia registration | ASICFCACIMAFSCAVFSC |
| Top-tier licences | 1 | 2 — Better |
| Investor protection | €20,000 | £85,000 — Better |
| Listed group | No | No |
| Banking licence | No | No |
| Segregated client accounts | Yes | Yes |
| Negative balance protection | Yes | Yes |
| Audited financials | No | Yes |
| Disclosed regulatory actions | 1 | None |
| Founded | 2005 | 2009 |
| Headquarters | Sydney, AU | Sydney, AU |
| Fees | 4.4 — Better | 3.9 |
| Safety & regulation | 3.8 — Better | 3.7 |
| Trading platform | 3.9 | 4.2 — Better |
| Product range | 3.7 | 3.9 — Better |
| Mobile app | 3.7 | 4.1 — Better |
| Research | 3.6 — Better | 3.4 |
| Customer support | 4.2 | 4.2 |
| Deposit & withdrawal | 4.5 — Better | 4.4 |
| Account opening | 4.6 — Better | 4.5 |
| Education | 3.7 — Better | 3.4 |
| Reference order EUR 5,000 | US$0.02/share (CFD) | €5.00 |
| Minimum deposit | A$100 | US$50 — Better |
| Stocks (per order) | US$0.02/share (CFD) | in the spread |
| US stocks | US$0.02/share (CFD) | in the spread |
| ETFs | in the spread (CFD) | in the spread |
| Options | Not offered | Not offered |
| Futures | US$15 | Not offered |
| Crypto | in the spread | in the spread |
| Bonds (order) | in the spread | in the spread |
| Funds (order) | n/a | n/a |
| EUR/USD spread | 0.1 pips — Better | 1.4 pips |
| Index CFD spread | 0.4 points | n/a |
| FX conversion | n/a | n/a |
| Inactivity fee | n/a | None |
| Custody fee | None | n/a |
| Withdrawal fee | n/a | free |
| Deposit fee | Free on MetaTrader accounts for domestic bank transfer, cards, PayPal, Skrill, Neteller, BPay and POLi. International bank transfer costs AUD 12.50 on either platform. On the Iress platform card deposits cost 1.6% in AUD or 3.18% in any other currency, Neteller and Skrill 4.0%, and PayPal 2.0%. | free |
| Overnight financing | n/a | n/a |
| Other fees |
|
|
| Asset classes (of 14) | 10 — Better | 9 |
| Exchanges | 7 | n/a |
| Stocks | Yes | Yes |
| ETFs | Yes | Yes |
| Options | No | No |
| Futures | Yes | No |
| Forex | Yes | Yes |
| CFDs | Yes | Yes |
| Crypto | Yes | Yes |
| Bonds | Yes | Yes |
| Funds | No | No |
| Commodities | Yes | Yes |
| Indices | Yes | Yes |
| Warrants | No | No |
| Spread betting | No | No |
| Social trading | Yes | Yes |
| Platforms | MetaTrader 4MetaTrader 5cTraderTradingViewIress Trader / ViewPointIress InvestorWebTraderMobile trading appMAM / PAMM | MetaTrader 4MetaTrader 5ProTraderVantage AppTradingViewDupliTrade / ZuluTrade / Myfxbook AutoTrade |
| Demo account | Yes | Yes |
| Fractional shares | No | No |
| Maximum leverage | 1:500 | 1:500 · Pro 1:500 |
| Account opening | Fully online in roughly 10–15 minutes; most applications approved the same day | Under 5 minutes online; verification usually clears the same business day |
| Account types | Standard (MT4/MT5)Raw (MT4/MT5)Iress (retail)Iress (wholesale / professional)Islamic (swap-free) | Standard STPRAW ECNPro ECNCent |
| Payment methods | Bank transferSEPACredit cardDebit cardPayPalSkrillNeteller | Credit cardDebit cardBank transferSkrillNetellerPayPalCrypto |
| Account currencies | AUDUSDEURGBPSGDCADCHFHKDJPYZAR+2 | USDEURGBPAUDCADNZDJPYHKDSGDPLN |
| Deposit time | Cards and e-wallets instant; domestic bank transfer same or next business day; international wire 1–3 business days | Instant for cards and e-wallets; 1–2 business days for bank transfer |
| Withdrawal time | Typically 1 business day to process; bank and card withdrawals arrive in 1–3 business days | 1–6 hours for cards and e-wallets; same or next business day for bank transfer |
| Free withdrawals | n/a | n/a |
| Languages | EnglishGermanFrenchItalianSpanishPortuguesePolishCzechGreekDutch+6 | EnglishChineseJapaneseThaiVietnameseIndonesianSpanishPortugueseArabicGerman+3 |
| Channels | PhoneEmailLive chat | Live chatEmailPhone |
| Availability | 24/7 multilingual support, with dedicated account managers on the Iress and higher-tier accounts | 24/7 live chat; phone cover 24/5 |
Editorial assessment based on the recorded data.
FP Markets
Twenty years of ASIC-regulated plumbing behind the widest platform choice in the CFD market.
Pros
Cons
Best for
Vantage Markets
The offshore CFD broker that kept the tier-1 licences and built its own platform instead of renting MetaTrader.
Pros
Cons
Best for
Open an account with either
A demo account costs nothing and answers the platform question in ten minutes.
Advertising disclosure: where a partnership is active, we may earn a commission through broker links. The provider’s terms apply. Commissions do not influence our ratings; paid placements are separately labelled as sponsored.
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