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ITB vs FP Trading
Both forex brokers have built a positive reputation, and feedback from our members supports that.
That said, ITB currently holds a lower overall rating (4.1) compared to FP Trading (4.9).
ITB has a lower minimum deposit, at 10.0.
Both platforms offer their clients demo accounts, mobile trading.
Traders should note that
ITB offers a minimum lot size of 0.001 and a maximum lot size of 100.0, while FP Trading offers 0.01 and 50.0.
Each broker offers an equal maximum leverage of 1:500.
If youre unsure which of these two brokers to choose, you can always explore our full list of recommended brokers here or ask for opinions from other members in Myfxbook Community.
If youre unsure which of these two brokers to choose, you can always explore our full list of recommended brokers here or ask for opinions from other members in Myfxbook Community.
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Overall Rating:
Platform:
Pricing:
Customer service:
Features:
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| Minimum deposit ($) | 10.0 | 100.0 |
| Commission | 0.0 | 6.0 |
| Accepting US clients? | ||
| Swap free accounts | ||
| Segregated accounts | ||
| Interest on margin | ||
| Managed accounts | ||
| Accounts for money managers (MAM, PAMM) | ||
| One click trading | ||
| API | ||
| OCO orders | ||
| Trading over the phone | ||
| Hedging allowed | ||
| Trailing stops | ||
| Mobile trading | ||
| Scalping allowed | ||
| Bonuses | ||
| Demo Accounts | ||
| Web based trading | ||
| Contests | ||
| Decimals | 5 | 4,5 |
| Minimum lot size | 0.001 | 0.01 |
| Maximum lot size | 100.0 | 50.0 |
| Spread | Variable | Variable |
| Broker type | NDD | ECN |
| Maximal leverage (1:?) | 500 | 500 |
| Availability | NDD | ECN |
| Regulation | - | FSCA (South Africa), FSC (Mauritius), FSRA (Saint Lucia), FSA (SVG) |
| Trading Platforms | MetaTrader 5 (MT5), Web Platform | MetaTrader 4 (MT4), MetaTrader 5 (MT5) |
| Funding/Withdrawal methods | Wire Transfer, Local Deposits, Crypto, Visa, Mastercard | Wire Transfer, Credit Card, Debit Card, Bitcoin, Crypto, Apple Pay, Google Pay, USDT |
| Account Currency | USD | USD, GBP, EUR, CHF, CAD, PLN, AUD |
| Languages | English, Arabic, Turkish, Persian | English, Spanish, German, Italian, Greek, Russian, Mandarin, Polish, Malay, Arabic, Tamil, Bulgarian, Urdu, Hindi, Serbian, Romanian, Filipino, Tagalog |
| Country | Saint Lucia | Saint Vincent and the Grenadines |
| Trading platform(s) timezone | United Arab Emirates | Mauritius, South Africa, Saint Lucia, Saint Vincent and the Grenadines |
| Other trading instruments | Stocks, Futures, Indices, Commodities, Energies, Shares, CFDs, Cryptocurrency, Precious Metals, Forex | Stocks, Futures, Indices, Commodities, Energies, Shares, CFDs, Cryptocurrency, Precious Metals, Forex |
| spreads | ||
| EUR/USD | - | - |
| GBP/USD | - | - |
| USD/JPY | - | - |
| USD/CAD | - | - |
| XAU/USD | - | - |
