Fpmarkets review

FP Markets

Fpmarkets has a history that dates back to 2005, providing the broker with over 18 years of experience in the Forex industry. They offer a wide range of assets, including CFDs on Forex, shares, indices, commodities, cryptos, bonds, and ETFs. One of Fpmarkets' standout features is its ability to provide tight spreads starting from as low as 0.0 pips, depending on the chosen trading account. With over 10,000 tradable CFD instruments, Fpmarkets offers an impressive variety for any broker. Trading services are accessible on all devices through a range of desktop and mobile trading platforms. Additionally, they provide a web-based trading platform for those who prefer trading from their web browser. Fpmarkets holds licenses from various regulators worldwide, including the Australian ASIC, CySEC of Cyprus, FSA of Saint Vincent and the Grenadines, and FSCA in South Africa. This regulatory oversight ensures that Fpmarkets is a legitimate broker. Clients are allowed to employ any trading strategy they prefer, such as hedging, EAs, news trading, and scalping. Deposit and withdrawal methods vary based on jurisdiction but typically include options like VISA, MasterCard, FasaPay, Neteller, and Skrill. Deposits and withdrawals are free of charge, and most methods are processed within 24 hours, with some banks providing instant processing. Additionally, Fpmarkets offers services such as MAM, PAMM, copy trading, and VPS. With support for over 42 languages, the Fpmarkets website and live chat are available to traders worldwide. The support options include live chat, a call-back option, email support, an online form, and a hotline. The live chat, available 24/7 in over 42 languages, is the quickest way to directly contact the broker.
Countries
Afghanistan, Albania, Algeria, Andorra +170 more
Regulations
ASIC, CySEC, FSCA
Account currencies
AUD, CAD, CHF, EUR +6 more
Assets
Bonds, CFDs on Stocks, Crypto CFDs, ETFs, Energies, Indices, Precious metals, Soft Commodities
Platforms
MT4, MT5, Myfxbook AutoTrade, cTrader
Deposit methods
ApplePay, Bank Transfer, Credit Card, Crypto, Fasapay, Google Pay, Neteller, Perfect Money, Skrill, STICPAY, dragonpay
Others
Segregated accounts, Copy trading, Demo account, ECN, Exotic Pairs, Expert Advisors, Fast withdrawals, Hedging allowed, High leverage, Lowest minimum deposit, Lowest spreads, Micro Lots, Negative balance protection, PAMM, Provides webinars and seminars, Swap-free
Promos
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Fpmarkets provides a wide range of trading options, including over 70 currency pairs, more than 10,000 stocks CFDs, 19 major indices, a variety of commodities, several bonds, and 5+ cryptocurrencies. They offer two account types: Standard and Raw, catering to clients with different trading styles, and also provide Islamic account options. The Standard account requires a minimum deposit of 100 AUD or equivalent, offers spreads starting from 1 pip, leverage of up to 1:500 (depending on the jurisdiction), zero commissions per lot, a minimum lot size of 0.01, and allows the use of Expert Advisors (EAs). The Raw account offers even lower spreads starting from 0.0 pips, with suitable conditions including a 100 AUD initial deposit, leverage of 1:500, a commission of 3 USD per side per lot traded, a minimum lot size of 0.01, and also allows all trading methods and access to VPS. Fpmarkets provides trading platforms such as MT4 and MT5, which are available on desktop, web, and mobile devices. Recently, they have also added cTrader for all platforms, offering traders a variety of options to choose from. In terms of educational resources, Fpmarkets offers a diverse range of materials, including trading courses, video tutorials, webinars, podcasts, trading videos, eBooks, glossaries, and newsletters. They also provide market research tools such as an economic calendar, events tracker, Forex calculator, fundamental and technical analysis tools, Autochartist, and Trading Central. Traders can utilize Fpmarkets' demo account to test strategies or develop their trading skills before investing real money. Overall, Fpmarkets is a solid choice for traders with a minimum of 100 AUD and a higher trading budget, as it offers favorable trading conditions with spreads starting from 0.0 pips and low trading commissions compared to industry standards.

FAQs about FP Markets

Is FP Markets a good broker?

FP Markets is a reputable broker with over 18 years of experience, multiple regulatory licenses, tight spreads, and a wide range of tradable assets. It offers excellent trading conditions for both beginner and advanced traders.

What is FP Markets minimum deposit?

The minimum deposit requirement for FP Markets starts from 100 AUD or equivalent in other currencies on both standards and raw trading accounts. Depending on the leverage selected more trading capital may be required.

How do you trade with FP Markets?

To trade with FP Markets, you can open an account, select a suitable trading platform (such as MT4, MT5, or cTrader), deposit funds, choose your preferred assets, and execute trades. The broker supports various trading strategies and provides access to educational resources and market research tools.