When it comes to the financial markets, selecting the right broker is ESSENTIAL.
Particularly it’s easy to become overwhelmed with confusing features and statistics. Therefore, it is a time most require a helping hand – somebody to explain the ins and outs if you will.
Why Trust Us?
Our research provides insightful information and extensive comparisons, exploring 100s of brokers. Our recommendations, therefore, not only help newer, but also old hands as well.
Security, regulation, commissions, customer support, leverage and platform functionality are just a handful of factors you must take into account before choosing a broker to work with.
In a Rush?
No time to read our comprehensive guide right now?
No problem. Following weeks of research, we’ve compressed the critical points and featured OUR broker of choice – FP Markets
|Brokers under review|
|Account Application Time||1 Business Day||1 Business Day||1 Business Day|
|Minimum Account Balance||100 AUD (Lowest)||200 USD||500 USD (Highest)|
|Trading Platforms||MT4, MT5, Iress||MT4, MT5, cTrader||MT4, MT5, cTrader|
|Account Types||Standard, Raw and Iress ViewPoint, Iress Investor and Iress Trader||Standard and Raw Spread Accounts||Standard and Razor Accounts|
|Range of Markets||10,000+ (Additional Share CFDs via their Iress Platform)||300+ (Additional Futures Products)||500+ (No Futures Products)|
|Trading Spreads/Fees||Low Spreads - Commission per side is 3.0 USD per one standard lot||Low Spreads - Commission per side is 3.5 USD per one standard lot||Low Spreads - Commission per side is 3.76 USD per one standard lot|
|Execution Speed||36 Milliseconds||40 Milliseconds||30 Milliseconds|
|Regulation – Tier 1 Licences||ASIC; CySEC||FSA; AFSL||ASIC; FCA|
|Market Research and Education||9||7||6|