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The comparison reads the same evidence fields used by broker profiles, so users can scan scores, regulation, costs, platforms, withdrawals, and caveats side by side.

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VS field	FP Markets fpmarkets.com CFD BrokerMulti Asset BrokerStock CFD	Charles Schwab schwab.com Stock BrokerETF BrokerMutual Fund	Interactive Brokers interactivebrokers.com Stock Broker

Decision summary
Overall score	82	91	91	90
Trust score	90	100	94	99
Cost score	68	92	88	85
Platform score	94	94	93	94
Withdrawal score	68	89	80	86
Best for	Potentially suitable for active forex/CFD traders seeking low-spread Raw pricing and MetaTrader/cTrader/TradingView access, but entity-specific protections, regional onboarding an…	Best suited for U.S.-centric investors and active traders who want a large, bank-affiliated multi-asset brokerage with $0 online listed stock/ETF commissions, strong platform dept…	Active traders · Advanced investors · International-market investors	Experienced forex/CFD traders · Scalpers, day traders and algorithmic traders comfortable with high-risk leveraged products · Users who specifically need MT4/MT5, cTrader or Tradi…
Watch out	Needs verification	Needs verification	Fee schedule is complex and varies by product, plan, market and entity · Country availability/restrictions need entity-specific review · No single universal max leverage figure fo…	Long-term investors seeking physical stocks/ETFs · Beginners who need strong statutory investor compensation or negative balance protection · Residents of restricted countries or…
Trust & regulation
Regulators	ASIC, CySEC, FSCA South Africa, FSA Seychelles, CMA Kenya Source	SEC; FINRA; SIPC; CFTC; NFA; FDIC Source	Regulated by SEC/FINRA/CFTC/NYSE in the US and by FCA, Central Bank of Ireland, ASIC, Hong Kong SFC, SEBI, Kanto Local Finance Bureau and MAS for regional affiliates. Source
Costs & account conditions
Minimum deposit	US$100 or equivalent Source	$0 minimum for standard U.S. brokerage and IRA accounts; Schwab One International accounts require a minimum deposit but amount is not disclosed in checked official pages. Source	USD 0 account minimum for IBKR Pro and IBKR Lite; broker accounts can require a USD 10,000 up-front deposit applied against commissions. Source
Markets, platforms & payments
Tradable assets	Forex, shares/stock CFDs, metals, commodities, indices, bonds, ETFs and digital currencies; 10,000+ CFDs/instruments stated on official pages. Source	Stocks; fractional shares; ETFs; mutual funds; bonds/CDs/fixed income; money market funds; options; futures; futures options; forex; international stocks/ADRs/foreign ordinaries; cash products; annuities; alternatives; crypto ETPs/securities/futures. Source	Stocks, ETFs, options, futures, spot currencies, bonds, mutual funds and cash-balance services, with availability varying by entity/country/account permission.

License numbers	ASIC AFS 286354; CySEC 371/18; FSCA FSP 50926; Seychelles FSA SD130; Kenya CMA 193; Saint Lucia registration 2025-00853; Seychelles company registration 8426368-1. Source	Charles Schwab & Co., Inc. CRD 5393; SEC 801-29938 and 8-16514 Source	US CRD 36418 / SEC 8-47257; UK FCA 208159; AU AFSL 453554; India SEBI INZ000217730 and NSDL IN-DP-602-2021; Singapore MAS CMS100917; Japan Kanto Local Finance Bureau No.187. Source	Securities Dealer license number SD018 Source

Regulated entities	First Prudential Markets Pty Ltd (ASIC AFS 286354); First Prudential Markets Limited (Seychelles FSA SD130); FP Markets (Pty) Ltd (FSCA FSP 50926); First Prudential Markets Ltd (CySEC 371/18); FP Markets Ltd (Saint Lucia registration 2025-00853). Source	Charles Schwab & Co., Inc.; Charles Schwab Futures and Forex LLC; Charles Schwab Bank, SSB; Charles Schwab Premier Bank, SSB Source	Major regulated entities include Interactive Brokers LLC plus UK, Ireland, Australia, Hong Kong, India, Japan and Singapore affiliates. Source	Raw Trading Ltd, registered in Seychelles (registration number 8419879-1), regulated by the Financial Services Authority of Seychelles with Securities Dealer license SD018. Source

Negative balance protection	FP Markets states it offers Negative Balance Protection whereby the client cannot lose more than their balance; availability may depend on entity/account type. Source	Not disclosed as retail brokerage negative balance protection; futures/forex are leveraged and losses may exceed initial investment. Source	No universal negative-balance-protection promise found for Interactive Brokers LLC; IBKR describes real-time margin requirements and protective liquidations to return accounts to margin compliance. Source	No negative balance protection found for the reviewed global entity; IC says clients bear negative consequences and are responsible for any negative balance. Source

Investor compensation	Not disclosed in checked official FP Markets pages; potential protections may depend on regulated entity and jurisdiction. Source	SIPC protection up to $500,000 including a $250,000 cash limit for brokerage account assets; futures accounts are not protected by SIPC. Source	Interactive Brokers LLC securities accounts are protected by SIPC up to $500,000, including $250,000 cash sublimit, plus excess SIPC coverage up to an additional $30 million per account with $900,000 cash sublimit, subject to $150 million aggregate; futures/options on futures are excluded. Regional schemes vary. Source	Client funds insurance up to US$1,000,000; no statutory investor compensation scheme found in reviewed official sources. Source

Restricted countries	Does not offer services to Afghanistan, Cuba, Iraq, Iran, Liberia, Libya, Myanmar, Palestine, Russian Federation, Somalia, Syria, Sudan, Yemen, United Kingdom, United States, FATF and EU/UN sanctions-list jurisdictions; page also states FP Markets does not onboard clients who are residents of India. Source	Not all products, services, or investments are available in all countries; Schwab is not registered outside the United States and products/services may not be registered in a user's jurisdiction. Source	Official available-countries page lists countries/territories where applications are available rather than a concise restricted-country list. Treat unsupported/sanctioned-country restrictions as country/entity-dependent and requiring manual review. Source	Raw Trading Ltd does not provide services to residents of the United States of America, Canada, New Zealand, Iran, North Korea (DPRK), or countries where distribution/use would be contrary to local law or regulation. Source

Spread from	From 0.0 pips on Raw accounts; Standard account from 1.0 pips. Source	Not applicable to this stock/ETF investment broker profile; no CFD/FX spread schedule identified as a core product in reviewed sources. Source	Spot currency spreads advertised as narrow as 1/10 pip on Interactive Brokers Australia pricing overview; spreads vary by product/entity/market. Source	Spreads from 0.0 pips on MetaTrader/cTrader Raw Spread platforms; Standard account spread starts from 0.8 pip. Source

Commission	Standard: zero commission; Raw: US$3 per side per lot. Source	stock_commission: $0 online commission for listed stocks and ETFs; OTC equities $6.95; broker-assisted service charge $25; etf_commission: $0 online commission for listed U.S.-exchange ETFs; options_commission: $0 online base commission plus $0.65 per options contract; futures_commission: $2.25 per contract, per side, for futures and futures options; exchange, regulatory, overnight, NFA, and market-data fees may apply; mutual_fund_commission: $0 on thousands of Schwab Mutual Fund OneSource funds; all other mutual funds up to $74.95 per purchase; bond_commission: New-issue bonds/CDs: $0 online/selling concession included; Treasuries online $0; most other secondary bonds $1 per bond with $10 minimum and $250 maximum; forex_commission: $0 commission; forex trade costs are reflected in the bid/ask spread Source	IBKR Lite offers $0 commissions on US stocks and ETFs; IBKR Pro uses fixed/tiered commissions and third-party/exchange/regulatory fees may apply by market/product. Source	Standard: no commission, 0.8 pip markup. Raw Spread MetaTrader: USD $3.50 per lot per side / $7 round turn. cTrader/TradingView: USD $3 per $100,000 traded per side. Source

Maximum leverage	Maximum leverage 1:500 on the South Asia/non-EU account-types page; leverage is jurisdiction- and client-class dependent. Source	Not disclosed as a single broker-level maximum; leverage/margin depends on product, account approval, and regulatory/product requirements. Source	Not expressed as a single max leverage figure; margin requirements are product-, account-, entity- and regulation-dependent and IBKR applies real-time risk margin. Source	IC offers flexible leverage from 1:1 to 1:5000; leverage is dynamic and may change at any time. Source

Deposit fee	No deposit fees when using Skrill or Neteller; other funding terms/fees are method-dependent and subject to change. Source	$0 for funds entering a standard brokerage account; banking deposit services generally no monthly/account minimum fees, but certain services can have fees Source	Most standard bank/security deposit methods show no IBKR deposit fee in the extracted official fee table, but physical currency deposits incur a special handling fee of 1% of deposit amount, minimum $50; third-party/bank fees may apply. Source	IC does not charge additional deposit fees; bank/intermediary fees may apply. Source

Withdrawal fee	Not disclosed in checked extracted official sources; transaction-fees page indicates deposit/withdrawal terms are method-dependent and subject to change. Source	No fee for routine withdrawals from standard brokerage per FAQ; full outbound ACAT $50 and outgoing wire $25; Schwab Bank Investor Checking has unlimited ATM fee rebates for cash withdrawals worldwide, subject to conditions. Source	Two free withdrawal requests per calendar month; after the second withdrawal IBKR charges listed fees by currency/method (example USD: wire 10.00, check 4.00, ACH/EFT/SEPA 1.00). Source	IC does not charge additional withdrawal fees, but third-party/intermediary/bank fees can apply; one Help Centre example mentions 20 AUD bank fee for some bankwire paths. Source

Inactivity fee	Not disclosed in checked extracted official sources. Source	$0 annual maintenance/inactivity fee for standard brokerage accounts Source	USD 0 inactivity fee for IBKR Pro and IBKR Lite account minimums page. Source	No account inactivity fees. Source

Trading platforms	MetaTrader 4, MetaTrader 5, cTrader, TradingView, WebTrader, Mobile App and Iress. Source	Schwab.com; Schwab Mobile; thinkorswim desktop; thinkorswim web; thinkorswim mobile; paperMoney Source	IBKR Desktop, Trader Workstation, IB Gateway, IBKR Mobile and web/client portal tools. Source	MetaTrader 5, MetaTrader 4, cTrader, TradingView, MetaTrader WebTrader/cTrader Web and social/copy tools IC Social, Signal Start, ZuluTrade. Source

Account types	Standard, Raw, Islamic/swap-free option, and professional account subject to eligibility. Source	Individual Brokerage; Joint Brokerage; Schwab One Brokerage; Investor Checking-linked brokerage; Futures Account; Global Account; IRAs; custodial, education, trust, estate, organization, and business retirement accounts; Schwab Intelligent Portfolios. Source	Supports individual and institutional accounts; official minimums page also distinguishes advisor, family office, hedge fund and broker account structures. Source	Official pages list Standard, Raw Spread, cTrader Raw Spread and Swap Free; account overview also shows Raw Pro and Raw Pro+ entries. Source

Deposit methods	Bank transfer, major credit/debit cards, digital currency wallets/cryptocurrencies, local funding methods, Skrill, Neteller and broker-to-broker transfers. Source	ACH/electronic transfer/MoneyLink; wire transfer; check/mail check; Schwab Mobile Deposit for checking; direct deposit for checking; account transfer/ACAT; branch/in-person deposit where available. Source	Wire transfer, check, direct bank transfer/ACH, SEPA/regional bank transfers where available, and securities transfer methods such as ACATS; physical cash deposits are against policy. Source	Credit/debit cards, PayPal, Neteller, Skrill, UnionPay, wire transfer, Bpay, broker-to-broker, POLI, Thai Internet Banking, Rapidpay, Klarna, Vietnamese Internet Banking, cryptocurrency. Source

Withdrawal methods	Withdrawal methods are referenced on the official transaction-fees page, but a detailed withdrawal-method table was not available in extracted content. Source	Transfer to linked bank/checking; wire transfer; check; ATM/debit card for Schwab Bank Investor Checking; ACAT outbound account transfer. Source	Bank wire/transfer, checks and regional transfer rails such as BACS/GIRO/ACH/EFT/SEPA where available; securities transfer methods such as ACATS may also apply. Source	Withdrawal methods depend on original deposit method; examples include Visa/Mastercard/card routes, bank wire, Neteller, Skrill and PayPal. Source

Withdrawal processing time	Not disclosed in checked extracted official sources. Source	Cash moved from brokerage to linked Investor Checking is generally available in seconds, but weekend/after-hours transfers may not be available until the next business day; other withdrawal methods vary/not fully disclosed on checked pages. Source	Not captured as a single verified processing-time SLA; varies by withdrawal method, currency, region and receiving bank. Source	Same-business-day processing cutoff before 12:00 AEST/AEDT; after processing allow at least 3 business days depending on method. Source