Fortrade vs FP Markets: licences compared
Side-by-side view of each broker's licences, regulator tiers and key facts. Remember that protection depends on which entity holds your account.
| Attribute | Fortrade | FP Markets |
|---|---|---|
| Licence Score | 71Strong | 69Strong |
| Strongest licence | 1 Tier 1 | 1 Tier 1 |
| Licences on record | 4 | 6 |
| 1 FCA United Kingdom | Licensed | — |
| 1 ASIC Australia | Licensed | Licensed · AFSL 286354 |
| 1 CIRO Canada | Licensed | — |
| 2 CySEC Cyprus | Licensed | Licensed · Licence 371/18 |
| 2 FSCA South Africa | — | Licensed · FSP 50926 |
| 3 FSC (MU) Mauritius | — | Licensed |
| 3 CMA (Kenya) Kenya | — | Licensed |
| 4 FSA (Seychelles) Seychelles | — | Licensed |
| Founded | 2013 | 2005 |
| Headquarters | United Kingdom | Australia |
| Type | Forex & CFD broker | Forex & CFD broker |
| Publicly listed | No | No |
| Platforms | Proprietary, MT4 | MT4, MT5, cTrader, TradingView |
| Minimum deposit | US$100 | US$100 |
| Visit | Visit site | Visit site |
Frequently asked questions
Is Fortrade or FP Markets better regulated?
Fortrade has the higher Licence Score (71 vs 69), based on the number and tier of licences, operating history and public listing.
Which regulators license both Fortrade and FP Markets?
Both are matched to licences from ASIC and CySEC.