TradingCritique

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TradeStation vs FP Markets : Fees, Safety & Trading Conditions Compared (2026)

Broker Name

TradeStation

TradeStation

VS
FP Markets

FP Markets

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Broker Overview

Broker Type (e.g., Market Maker, ECN/STP)

ECN broker

ECN broker

Years of Existence / Established Year

1982

2005

Customer Base / Number of Accounts

226506+ clients

No information


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Regulation & Security

Regulations (governing bodies)

CFTC, NFA, FINRA, SEC

ASIC, CySEC, FSCA, FSA, SVG

Awards Won (count for the last 2 years)

Best in Class awards in StockBrockers.com 2023 Online Broker Review, Best Brokerage App at the 2023 Benzinga Global Fintech Awards, TradingView's Best Broker in the AMER Region 2023 Award

Best CFD Broker - Africa, Best Trading Experience - Africa, Most Trusted Broker in 2023, Best Price Execution in 2024, Most Transparent Broker and Best Trading Conditions in 2024.

Security Measures

SIPC

No

SSL Encryption / 2FA

Yes

Yes

Segregated Funds

Yes

Yes

Negative Balance Protection

No

Yes


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Trading Instruments/Products Offered

Assets Types / Trading Instruments (total count and breakdown)

Futures option

10,000+ trading instruments

Currency Pairs

No

Yes

Commodities

No

Yes

Indices

No

Yes

Cryptocurrencies

No

Yes

CFDs

No

Yes

ETFs

Yes

Yes

Stocks

Yes

No

Options

Yes

No

Futures

Yes

No

Bonds

No

Yes

Mutual Funds

Yes

No

Fractional Shares

No

No

Exchange Traded Notes (ETNs)

No

No

Precious Metals

No

Yes

Real Estate Investment Trusts (REITs)

No

No

Equities

No

No


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Trading Platforms & Technology

Trading Platform Availability

Yes

Yes

MT4

No

Yes

MT5

No

Yes

cTrader

No

Yes

Social Trading

No

Yes

Copy Trading

Yes

Yes

Other Trading Platforms (proprietary, etc.)

Desktop, Web trading, Mobile app, Futures Plus

No

Platform Compatibility (Windows, Mac, iOS, Android)

Yes

Yes


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Account Types & Conditions

Account Types (Retail, Pro, VIP, etc.)

Individual, Retirement, Entity

Forex account - Standard and raw MT4-MT5 account, Islamic forex account - Raw account and standard MT4-MT5 account

Demo Account (Yes/No)

Yes

Yes

Islamic Accounts (Yes/No)

No

Yes

Minimum Deposit

$0

$100

Leverage Available

No

500:1

Trade Limit (maximum per trade)

Depends on asset class

Depends on the asset type

Commission (per account type)

$0

$3

Best Suited For (e.g., beginners, experienced traders)

Beginners and experienced traders

Beginners to experienced traders


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Deposit & Withdrawal Options

Deposit Methods

Wire transfer, Check, Electronic transfer

Credit/ debit cards, Bank transfers, e-wallets, International bank transfers, Local bank transfers, Broker to broker

Withdrawal Methods

Wire transfer, Check, Electronic transfer

Credit/ debit cards, Bank transfers, e-wallets, International bank transfers, Local bank transfers, Broker to broker

Other E-Wallets Supported

No

Skrill, Neteller, Asia bank, Stic Pay, Fasa pay, Virtual Pay, Rupee pay, Rapyd, Perfect Money, Crypto payment, Dragon Pya, Rapid transfer


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Tools & Educational Resources

Economic Calendar

Yes

Yes

Tools & Educational Resources (tutorials, webinars, market news, etc.)

Trading Education, Market Insights, Webinars, Online Trading Courses, Strategy Development and Backtesting

Trading courses, Live webinars, Podcasts, Trading guides, Platform tutorials, Ebooks, Trading glossary


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Fees & Commissions

Trading-Related Fees

Commission- Stocks and ETFs- $0, Stock options- $0 Commission + $0.60 per contract, Future options- $0 Commission + $0.60 per contract, Micro futures- $0 Commission + $0.50 per contract, per side, Futures- $0 Commission + $1.50 per contract, per side

Forex- 3.50, Metals -3.50, Commodities- built into spread, Indices- Built into spread

Spread (typical, fixed, variable)

Variable

Typical

Per Lot Fees

NA

$2

Options Contract Fees

$0 Commission + $0.60 per contract

NA

Futures Contract Fees

NA

NA

Markup Fees on Spread

NA

NA

Guaranteed Stop Loss Fees

NA

NA

Maximum Leverage

No

500:1


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Non-Trading Fees

Dormant Fees

$10 per month

$0

Subscription Fees (for premium features, data feeds)

TradeStation platform - $149.95 / month, Without Brokerage Account- $99.99 / month $199.99 for professionals, folio-level strategy back-testing tool - $59.95 / month

$0

Advisory Fees

$25

$70

Swap Fees (Overnight Financing)

NA

Long- $5.79, short- $2.59

Statement or Document Fee

$1 per page

NA

Account Opening Fee

$0

$0

Account Maintenance Fee

$35 per year

$0

Deposit Fee

$0

$0

Currency Conversion Fee

Starts from $0.35

Starts from 0.06 to 0.30 %

Withdrawal Fee

Wire transfer- $25- $35

Upto $50


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Bonuses, Promotions & Benefits

Bonuses, Promotions, and Referrals

Yes

Yes

Customer Benefits (e.g., Retirement Plan)

Yes

No


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Trading Hours

Trading Hours (for each asset class if applicable)

9:30 am ET to 4:00 pm ET

Depends on the instrument offer


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Customer Support

Support Hours (e.g., 24/7, weekdays only)

8:00 a.m. - 5:00 p.m. ET

24/7

Customer Support Methods (phone, email, live chat)

Phone: 800.822.0512, Live chat, E-mail: [email protected]

Phone: Toll-free: +44 28 2544 7780, E-mail: [email protected], Live chat

Support Languages

1

12+


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Additional Information

Headquarters Location

8050 SW 10th Street, Suite 2000. Plantation, FL 33324

Sydney,Australia

Complaints (for crypto brokers)

No

No


At TradingCritique, we don't just list brokers. We test, compare, and simplify your decision-making. Whether you're a beginner or a pro, our data-driven comparisons are built to match your trading style and region. Learn how we Evaluate a broker.
If minimizing trading costs is your top priority, TradeStation might be more attractive due to its lower commissions. Meanwhile, FP Markets justifies its moderate fees with more robust tools and professional-grade features.
TradeStation gets you trading faster thanks to its minimal entry barriers. In comparison, FP Markets account setup is slower but includes extra layers of financial screening and suitability assessments.
The trading interface of TradeStation is known for its speed and ease-of-use, while FP Markets shines with its customizable layouts and advanced charting capabilities, making it a strong choice for serious analysts.
TradeStation strength lies in high-performance trading, while FP Markets provides a more accessible route for everyday investors.