Website

Visit Broker

Platforms

Web, MetaTrader 4. MetaTrader 5, Specific

Founded

2005

Demo Account

YesOpen Demo Account

Regulated by

ASIC, CySEC

Leverage

up to 1:500

Min Deposit

100

Customer Support

Yes

Rating

Contact

+61 (0)2 8252 6800

Country

Australia, Cyprus ,Saint Vincent and the Grenadines
FP Markets are ASIC/CySEC regulated world renowned brokers who were established in 2005. As at today, they cater to over 12,000 clients across the globe.
They offer world class forex trading services to their diverse clients, and they have won over 40 international excellence awards. Facts About FP Markets
  • Leverage – 1:500
  • Regulation – ASIC/CySEC regulated
  • Minimum deposit for account opening – $100
  • Headquarters – Sydney, Australia
  • Trading platforms – IRESS, MT4, MT5
  • FP Markets, being a well renowned Australian brokerage firm, delivers access to trade over 13,000 products. These products include forex, indices, cryptocurrencies, commodities, Bitcoin, metals, and equity CFDs.

    FP markets are regulated by the Australian Securities & Investment Commission (ASIC), and CySEC. This ensures that all obligations towards their clients are duly honored. It also guarantees compliance with all international trading laws and guidelines.

    Yes, it is very safe to trade with FP Markets. They are a reputable brokerage company who cater to more than 12,000 clients around the world. They are an ASIC/CySEC regulated brokerage firm who have won multiple international awards. This is a testament to their authenticity and competence.
    Their platforms and modes of operation are also very transparent. This means their customers are not kept in the dark, they have all the access they need pertaining to their investment.
    They also offer you consistently tighter spreads and personal account managers, so you’ll know you’re in good hands.

    FP Markets are bound by regulatory statuses that make sure all obligations are honored. They are guided by international trading laws and follow all standard procedures.
    Customer funds are also well protected, being that they are separated from company funds and deposited in to accounts with top tier banks around the world.
    These trusted banks carry out daily account reconciliations to make sure there aren’t any inconsistencies.
    Lastly, FP Markets, like any other reputable brokerage company, follows the standard rules of investment protection.

    FP Markets offer their customers a wide range of world class trading platforms to choose from. These include MT4, MT5, & IRESS platforms. The MT4 and MT5 are the most popular of these trading platforms. The MT5 is an upgrade to the MT4. br> These trading platforms have an easy-to-read interface and it is suitable for traders who are new to the business.
    They remain the best options for automated trading

    FP Markets offer various account types, all you have to do is choose the one best suited for you, then register.
    Follow these simple steps

  • Choose an account type
  • Fill out the secure application form
  • Fund your account (there are different means to do this, including credit/debit cards and bank wire)
  • Start trading with over 10,000 instruments on the trading platform


  • How To Fund FP Markets Account There are various ways through which you can find your account. Let’s look at them below.
    Credit and debit card – For this, Visa and MasterCard are accepted. You would not be charged any deposit fees when you fund via your cards. The deposit is also instant. Your account will be credited as soon as your are done.
    Currencies accepted with credit/debit card funding include – USD, CAD, EUR, GBP, HKD, JPY, SGD, NZD & AUD.

    Bank wire transfer – You can also fund your FP Markets account by means of a bank wire transfer. It usually takes 1 business day for the funds to reflect in your FP Markets account, this however, depends on the bank you’re using. You may incur some international bank fees when you fund your account with this method.
    Currencies accepted with bank wire method include – AUD, CAD, EUR, GBP & USD
    Other means with which you can fund your FP Markets account are listed below.
  • Neteller
  • Pay trust
  • Skrill
  • Fasapay
  • FP Markets offer their customers top notch customer support services. They operate their call center for 5 business days a week and they cater to customers from all over the world, thanks to their multilingual support team.
    You can also email them supportteam@fpmarkets.com

    One of their major advantages is that they offer traders very low forex fees.
    Another advantage with choosing FP Markets is that their account opening process is very easy and fast. Making deposits and withdrawals are also easy, so there will be no hassles with your money.
    For those who are new to the forex trading business, FP Markets offer so many high quality educational tools, which they can use to sharpen their trading skills.
    These educational tools include a demo practice account, and free eBooks. On the downside, FP Markets’ stock CFD fees are on the high side. Also, their product line-ups are limited to only forex, cryptocurrencies and CFDs.
    While they have very good trading platforms like the MT5, they are still MT4 compatible. Although this can’t be considered to be much of a problem since there are other trading platforms they allow you to choose from. The problem with the MT4 trading platform is that they have an outdated web and mobile interface. Listed below are the pros and cons of using FP Markets.
    Pros

  • Low forex fees
  • Easy and fast account opening
  • Quick deposits and withdrawals
  • 24/5 multilingual customer support
  • Personal account managers

  • Cons
  • High stock CFD fees
  • Limited product portfolio
  • The MT4 trading platform is outdated
  • How long does it take to open an account? Usually one hour, but the onboarding team will need one business day to verify all your documents.

    Which documents do I need to open an account?

  • Proof of identity : International passport, driver’s license, national ID card etc
  • Proof of residence : Utility bill with your address for the past 6 months or bank statement with your full name and address


  • How can I open a live trading account?
    You can do that by visiting FP Markets website www.fpmarkets.com they will provide you a link.