info Icon

Advertising Disclosure

FP Markets 2024 Review

  • Leverage: 1:30 | 1:500

  • Regulation: ASIC, CySEC, FSA SVG, FSCA, CMA

  • Min. Deposit: 100 US$

  • HQ: Australia

  • Platforms: IRESS, MT4, MT5, cTrader

  • Found in: 2005

FP Markets Licenses

  • First Prudential Markets Pty Ltd - authorized by ASIC (Australia) registration ABN 16 112 600 281 AFS 286354
  • First Prudential Markets Ltd - authorized by CySEC (Cyprus) registration 371/18
  • First Prudential Markets Pty Ltd - authorized by FSCA (South Africa) registration FSP 50926
  • First Prudential Markets Ltd - authorized by FSA (St. Vincent and the Grenadines) registration 126 LLC 2019
  • First Prudential Markets Ltd - authorized by CMA (Kenya)
  1. What Is FP Markets?
  2. FP Markets Pros and Cons
  3. Regulation and Security Measures
  4. Account Types and Benefits
  5. Cost Structure and Fees
  6. Trading Platforms and Tools
  7. Trading Instruments
  8. Deposit and Withdrawal Options
  9. Customer Support and Responsiveness
  10. Research and Education
  11. Portfolio and Investment Opportunities
  12. Account opening
  13. Additional Tools And Features
  14. FP Markets Compared to Other Brokers
  15. Full Review of Broker FP Markets
Overall Rating 4.6
Regulation and Security4.5 / 5
Account Types and Benefits4.6 / 5
Cost Structure and Fees4.5 / 5
Trading Platforms and Tools4.4 / 5
Trading Instruments4.5 / 5
Deposit and Withdrawal Options4.7 / 5
Customer Support and Responsiveness4.4 / 5
Research and Education4.6 / 5
Portfolio and Investment Opportunities3 / 5
Account opening5 / 5
Additional Tools and Features4.6 / 5

What is FP Markets?

FP Markets is a popular and large Forex Broker that provide professional trading experience for quite long time since the broker was established in 2005 and ever since serve over 12,000 clients worldwide. One of the main strengths is that FP Markets uses ECN electronic bridges and enhances its proposal with powerful trading technology and tools provided, also constantly investing in its innovation so the latest trading technology is available to FP Markets traders.

The company has its headquarters in Sydney, Australia while ASIC regulation ensures trustable cooperation as well as full compliance with guidelines. First of all, a good broker is a safe broker, and its proof of a safe trading environment is confirmed by necessary legislation, obligation and sharp regulations applied.

Moreover, FP Markets enlarged its proposal and opened several entities in strategic locations including a European Cyprus entity thus eligible for trading proposals within the European EEA zone. Also, FP Markets (PTY) Ltd is a Financial Services Provider authorized and regulated by the Financial Sector Conduct Authority in South Africa.

FP Markets Pros and Cons

We mark FP Markets as a well-regulated broker with good trading conditions suitable for beginners and experienced traders alike. The points to admit as great at FP Markets are low pricing, good trading proposal with a wide and comprehensive selection of platforms and ECN trading with excellent trading education. Besides, Broker is constantly growing and we see good development not only in the proposal but in its global coverage too. While before FP Markets was just an Australia-based broker, now it’s truly a global one, so traders from almost every country may open account with FP.

On the flip side Spreads for Stocks are higher, also some withdrawals add on commission, also it is worth checking the conditions under the entity of FP Markets you would trade since they are different. Lastly, Instruments are mainly based on CFDs and there is no real Investment in Stocks or Shares available, yet it is not a big Con since FP Markets specializes particularly as CFD trading provider.

AdvantagesDisadvantages
Founded in Australia and Regulated by the ASICTrading Conditions or proposal may vary according to entity rules or regulations
Numerous industry awards and high rankingsSome withdrawal methods add on fee
Powerful trading technology and ECN environmentHigh Stocks trading Spread
Low Deposit Requirement
Suitable for beginners and professionals
Excellent education through Traders Hub
Tight Spreads

FP Markets Features

As a CFD Trading provider FP Markets Features quite comprehensive trading proposal that caters to cover needs of various traders, despite size or experience level. In the table below we gather FP Markets Key Points to consider including Available Trading Platforms, Account Features, Instrument Range, Typical Fees, Support etc.

FP Markets Features in 10 Points
🏢 RegulationASIC, CySEC, FSA SVG, FSCA, CMA
🗺️ Account TypesRaw, Standard. Separate for IRESS Platform
🖥 Trading PlatformsMT4, MT5, cTrader, IRESS, Trading View and Proprietary Platform
📉 Trading Instruments10,000+ products Forex, Indices, Commodities, Metals, Cryptocurrencies, Equity CFDs , Bonds, ETFs, 70+ Forex pairs
💳 Minimum deposit100$
💰 Average EUR/USD SpreadAverage 1.1 on Standard Account
🎮 Demo AccountAvailable
💰 Account Base currencies10 Base Currencies
📚 Trading EducationExcellent quality Learning materials and research through Traders Hub, News, Market Outlook, video tutorials, eBooks
☎ Customer Support24/7

Who is FP Markets For?

Based on Our findings and Financial Expert Opinion FP Markets is suitable for a wide range of traders, making Broker suitable for the International Trading community of various levels, investment size or trading styles alike. With our Opinion, FP Markets is Good for:

  • Beginning Traders
  • Professional Traders
  • Traders from Europe, Australia and Africa Regions
  • ECN trading
  • Commission based Trading
  • Broker with good education
  • Currency Trading and CFD Trading
  • Traders who prefer MT4, MT5, cTrader or IRESS platform
  • Copy Trading options with myfxbook
  • MAM and PAMM Trading
  • EAs running
  • Suitable for a Variety of Trading Strategies

FP Markets Summary

Overall, we found Broker FP Markets as one of the most awarded CFD and FX trading providers with a good quality trading environment. FP Markets established direct access to markets through well maintained technology and provides a wide range of instruments to trade with competitive pricing and an excellent selection of trading platforms suitable for various styles. The proposal is indeed wide and covers the most demanding requests in terms of account selection, software or offered conditions, which we find very favorable.

So in our conclusion, FP Markets is suitable for traders of different size and expertise while FP Market is a reliable brokerage with an excellent reputation and regulations in place, making it a good option for long-term cooperation and for different types of investors.

55Brokers Professional Insights

Recognized for its robust trading environment and great selection of various trading software, FP Markets appeals to both new and seasoned traders. Trading Platforms offer great flexibility and choice among popular platforms like MT4, MT5 or more advanced cTrader and even IRESS for Direct Access to Trade Shares, which indeed only a few Brokers offer for now. High-frequency traders and scalpers would find Raw Account as perfect for its low-cost structure and available software, with spreads starting at 0.0 pips and competitive commissions. Good range of tradable instruments is another plus for those looking for portfolio diversification. 

For beginners we would strongly advise the Broker for the priceless educational materials FP Markets provides, the availability of Demo Account and Perfectly Organized community and Blog sections. The market analysis, seminars, webinars, video tutorials are of excellent quality, where market research is suitable for traders to improve trading knowledge and skills. 

Consider Trading with FP Markets If:

FP Markets is an excellent Broker for:- Good choice of platforms including cTrader or IRESS platforms with MT4/ MT5 - Value flexibility between accounts either based on commission or spreads, - Need Broker with no restrictions on Trading strategies including News Trading, Social Trading, Auto Trading and Algos. - Lower spreads on Commission based Raw Trading account or Average industry fees on Standard Account, - Access an extensive range of trading assets, - Get quality research and almost one of the best Forex educations available.

Avoid Trading with FP Markets If:

FP Markets might not be the best for:- Real Investment in Stocks or Shares, - If considering trading Stock CFDs available at FP we find fees higher compared to other Brokers, - Cryptocurrencies options are rather limited. Yet, most Forex Brokers provide a smaller range consistent of only popular Cryptocurrencies, for a wide selection of Cryptos you better sign with Crypto Exchanges like Binance or ByBit. - High Leverage is available via International entities only.

Regulation and Security Measures

Score – 4.5/5

FP Markets Regulatory Overview

FP Markets is an established Australian broker that complies operations according to the world-known Top-Tier regulation Australian Securities and Investments Commission (ASIC), learn more why trade with ASIC Brokers by the link.

Besides, FP Broker is growing its presence and there are several more entities including  Cyprus regulated and set according to CySEC regulatory obligations and compliant with MiFID European directive, and South Africa entity regulated by FSCA.See our check of license below:

How Safe is Trading with FP Markets?

The regulatory status is indeed the most important measure while choosing a Broker, as in simple words it means a client is treated fairly and safely according to international laws and requirements. So with FP Markets sign up as being regulated broker there are various safety measures applied. These include the segregation of traders’ funds from the company funds, while held in selected top-tier banks, such as National Australia Bank and the Commonwealth Bank of Australia with daily fund reconciliation and application of the standard covers under investment protection. 

However, different authorities apply adjusted regulation according to its legislation and particular laws, in a result may diverge from the entity or regulator or another. Likewise, FP markets Cyprus entity also applies negative balance protection to the client’s accounts, as well as participates retail accounts to the compensation scheme. But it is not the case for SVG entity. So always make sure to learn better under which entity you trade and what protection conditions and privacy policy applicable to you.

Consistency and Clarity

FP Markets has become known as an honest and open broker in the industry. Since its establishment in 2005, the broker has kept a solid financial position providing its customers a confirmed safe trading environment. As Top-grade regulators like ASIC and CySEC control FP Markets’ operations,  this ensures rigorous compliance with financial rules and transparency, besides FP Markets offering always stands clear and consistently improves. 

Throughout the history of operation, we haven’t seen any alerts or breaches of the regulation, making FP Markets a stable Broker as penalties may lead to loss of license or heavy fines also ruining the reputation of the Broker. Lastly, reviewing Real Traders Reviews and Comments we mainly find excellent marks and regards of Brokers operation, confirming its solid background and stability along the time.

FP Markets License Review

Account Types and Benefits

Score – 4.6/5

Which Account Types Are Available with FP Markets?

FP Markets offers two account types Raw And Standard Accounts with STP and ECN execution models and access to deep liquidity pools accordingly available through MT4, MT5 or cTrader platforms. While the main difference is the pricing model where Standard account fees are built into spread basis, and Raw account add commission per trade typically more suitable for Pro Traders. 

  • Also, there is a separate account for the platform IRESS account that covers the needs of those traders who prefer to use this particular software. At FP markets you can also find MAM and PAMM accounts, Islamic forex accounts suitable for swap-free trading available too. While FP Markets Copy trading is available on each of the accounts offered, overall making proposals quite favorable and diverse.

However, as we noticed along with some diversification between the proposals, there are differences between the pricing model that may take place as well, so be sure to check the most suitable one for your needs.

FP Markets Account Review

Regions Where FP Markets is Restricted

In fact, FP Markets does not provide services to clients in some countries due to regulatory restrictions, also important to note various FP Markets entities may offer different conditions or not be able to serve your trading account based on regulations alike. 

The following is a list of regions we found where FP Markets is restricted:

– United States

– Japan

– New Zealand

– Belgium

– Iraq

– Iran

– North Korea

– Syria

– Afghanistan

– Cuba

– Liberia

– Libya

– Myanmar

– Palestine

– Russian Federation

– Somalia

– Sudan

– Yemen

FP Markets Restricted Regions Review

Cost Structure and Fees

Score – 4.5/5

FP Markets Brokerage Fees

For FP Markets fees, there are some specified conditions applied to pricing that occur in different account types. Raw account fees are based on commission and Standard on spread basis, while IRESS account charges are with a commission plus percentage from trade according to the instrument. Therefore, according to your trading style, day trading or scalping, and the volumes you trade, there is an option to select a suitable one, also we consider deposit and withdrawal fees to see the full fee picture.

  • FP Markets Spreads

FP Markets spread is defined by the account type , thus the Standard account Spreads starting from 1 pip and the Raw Account proposes spreads from  0.0 pips. However, the Raw account charges a commission to every order, which is defined by the instrument and is 3$ for Forex instruments, 3.5$ for Metals and offers 0$ commission on commodities or cryptocurrencies

  • FP Markets Commissions

FP Markets operates on a clear commission structure defined by  account type. While the Standard account usually does not have a commission but rather includes spreads starting from 1.0 pips, the broker charges $3 per side for each lot for its Raw account. The Raw account appeals especially to high-frequency traders because of its reduced spreads and clear pricing. FP Markets also offers traders rebate chances so they may recoup some of the expenses related to trading activity. Generally, the commission structure of FP Markets is competitive in the market, which qualifies for both consumers and professional traders seeking for reasonably priced trading options.

  • FP Markets Rollover/Swaps

In addition to main fees, always consider rollover or swap rate as a trading cost, since the broker charges a small fee for the position being held overnight (longer than a day) and is defined by the instrument. Moreover, there is an option for Muslim traders to trade through a Swap-Free account, which is suitable for followers of belief and tailored according to the strictest rules.

How Competitive Are FP Markets Fees?

FP Markets Spreads are ranked low/ average with overall rating 4.5 out of 5 based on our testing comparison to other brokers. We see Forex spread much lower than the industry average we test on over 500 Brokers marking 1.2 pips for EURUSD and is 1.1 pips at FP while Standard Account typical fees mentioned start at 1 pip. Yet we found fees for Stocks slightly higher than average. For instance, see below a comparison of the most traded instruments.

Asset/ PairFP Markets SpreadAvaTrade SpreadXM Spread
EUR USD Spread1.1 pips0.9 pips1.6 pips
Crude Oil WTI Spread3 cents3 cents3 cents
Gold Spread7$0.272.7 pips
BTC USD Spread20.40.10%95

FP Markets Additional Fees

In addition to trading fees, FP Markets charges a few non-trading fees that traders should be aware of:

Withdrawal Fees

FP Markets does not charge fees for simple withdrawals using credit or debit cards as well as bank wire. Some alternative payment systems, including Neteller, Skrill, and cryptocurrency, do, however, have withdrawal fees:

  • Neteller: 2.0% up to $30 plus country fees (if applicable) per $45,000 transaction
  • Skrill: 1.0% plus country fees (if applicable) 
  • Cryptocurrencies: Blockchain fees apply

Inactivity Fee

If an FP Markets account stays inactive for more than twelve months, a $50 inactivity charge could be assessed. An account is deemed inactive if the account holder has not made a trade or logged in during this period.

Currency Conversion Fee

A currency conversion fee will be imposed if the base currency of an FP Markets account differs from the currency denominated of the asset being traded. Although the conversion rate is competitive, overall trading expenses should take fee into account.

Account Fees

For its MT4 or MT5 accounts, FP Markets does not impose a monthly or annual account fee. The Iress platform charges a $55 monthly fee; this is removed should the account show at least $200 in monthly commissions or retain a balance of $50,000.

FP Markets Fees Review

Trading Platforms and Tools

Score – 4.4/5

Another strong point we consider at FP Markets is a comprehensive choice between the platforms, thus powerful capabilities provided that is definitely a big plus. The choice between Proprietary software,  MT4, MT5 and IRESS platforms is notably excellent for direct access to trade Shares, as well MAM and PAMM accounts possibility available  for money managers.

Moreover, FP Markets is now offering TradingView and  cTrader, a leading multi-asset Forex and CFD trading platform popular among professional traders for its advanced charting, extensive order types, level II pricing, powerful trading tools and superior execution.

Trading Platform Comparison to Other Brokers:
PlatformsFP Markets PlatformsBlackBull Markets PlatformseToro Platforms
MT4YesYesNo
MT5YesYesNo
cTraderYesYesNo
Own PlatformYesYesYes
Mobile AppsYesYesYes

FP Markets Web Platform

Platforms available as a Web Trading platform and supporting other versions too. While MT4 and its newer version FP Markets MT5 platforms do not require an introduction, as platforms give a dynamic feature through detailed insights and one of the best in industry options for automated trading via EAs, so both can be accessible via Browser.

Main Insights from Testing

Sophisticated charting tools, several order types, and customized watchlists are notable features on FP Markets Web Platform. Novice and expert traders will find the well-designed and simple-to-use platform appropriate.

The FP Markets web platform is notably linked with TradingView, which offers access to a large spectrum of technical indicators and sketching tools. To properly control their risk, the platform also provides market orders, limit orders, and stop-loss orders, among other order forms. 

FP Markets Desktop MetaTrader 4 Platform

The FP Markets Desktop MetaTrader 4 (MT4) platform is a solid software  designed for both new and seasoned traders. Four main panels—Market Watch, Navigator, Terminal, and Charts—form part of its easily navigable interface. While the Navigator panel gives access to accounts and Expert Advisors for automatic trading, the Market Watch panel lets users follow their chosen instruments. 

With spreads generally less than industry averages, the platform showed outstanding execution speeds during testing—especially during high trading hours. Users can use more than 50 technical indicators and several charting tools for in-depth study. The system increases trading flexibility by supporting several orders, including market and pending ones.

FP Markets Desktop MetaTrader 5 Platform

FP Markets presents the strong MetaTrader 5 (MT5) platform for desktop trading that gives multi-asset traders a sophisticated and feature-rich experience. With 44 analytical charting tools, 21 timeframes, and 38+ pre-installed technical indicators among other tools and features, the MT5 platform is very remarkable.

The depth of market (DoM) view is particularly noteworthy since it helps traders grasp market liquidity. Along with other pending order forms, including sell stop limit and buy stop limit, the platform also features detachable charts and an integrated economic calendar.

Through one-click trading, automated trading supported by Expert Advisors (EAs), and trailing stops MT5 supports. Available on desktop computers both Windows and Mac as well as on mobile devices guarantees a flawless trading experience across platforms.

FP Markets MobileTrader App

FP Markets offers MetaTrader 4, MetaTrader 5 , cTrader and IRESS Mobile as Mobile trading platforms for both iOS and Android with trading alerts, push notifications and full control over your trading and account right from your mobile.

Main Insights from Testing

The FP Markets MobileTrader software offers a flawless mobile trading experience and  helps traders properly manage positions with strong charting features, over 50 technical indicators, and a wide spectrum of order types all remaining available on the go. For traders who must remain linked to the markets, the app’s quick execution and easy UI are invaluable tools.

FP Markets Platform Review

Trading Instruments

Score – 4.5/5

What Can You Trade on FP Markets’s Platform?

Trading with FP Markets you may access a very wide range of instruments and trade 10,000+ products ranging from Forex, Indices, Commodities, Metals, Bitcoin, Equity CFDs. FP Markets offers quite competitive spreads, enables access to more than 70+ forex pairs, and provides other assets as we will see below in our FP markets review.

Traders and investors also able to trade the Mexican Peso (MXN), Brazilian Real (BRL), and South African Rand (ZAR) against the US Dollar through the MT4 & MT5 Trading Platforms. The additional offering increases the total number of currency pairs available to trade at FP Markets.

Also, each instrument defines its trading conditions, proposing flexible leverage throughout account settings, and requiring specific margins that you may always check through the FP markets platform.

Main Insights from Exploring FP Markets’s Tradable Assets

FP Markets Instrument Score is high for very good trading instrument range covering popular Markets to trade and offering large number of instruments, yet proposal mainly consists of Forex and CFDs, Investments in Real Stocks not available, also the range is different based on entity.

FP Markets Instruments Review

Leverage Options at FP Markets

Leverage levels offered by FP Markets depend on the entity you open an account with, since Leverage is one of the first regulated parts by every authority worldwide, see some of our findings below.

Being an Australian broker, FP Markets complies with the ASIC and with other applicable regions’ regulatory legislation that applies set of rules which significantly lowered levered now too. Previously high leverage up to 1:500 was accessible, but for now, high leverage is available either by an International entity or if you’re proof to be a Professional Trader. 

See our finds on FP Markets Leverage below based on the entity you open an account with:

  • European traders can use a maximum Leverage of 1:30
  • South African traders can open positions on more than 70 forex pairs with spreads from 0 pips and a leverage amount up to 1:500
  • International Traders up to 1:500

Deposit and Withdrawal Options

Score – 4.7/5

Deposit Options at FP Markets

As for the deposit options you may choose between the most common ones, also request a support team to advise what is the best option for you according to your residence.

  • Bank wire transfer,
  • Various e-wallets including Neteller and Skrill
  • Credit Cards or Debit cards
  • Virtual Pay (African Payment Method) that supports KES, UGX, and TSH currencies.

For fund transferring fees, FP Markets does not waive transfer fees for deposits via Bank Transfer and Broker to Broker, also FPM covers International fees up to 50$ for deposit greater than 10,000$, which is a good plus in our opinion. You may request to perform the transfer from other brokers in case you would like to transfer funds between the accounts and from other brokers.

Minimum Deposit

Minimum deposit amount for The Standard account is 100$ or equivalent, for Raw account minimum set also at 100$

Withdrawal Options at FP Markets

The FP Markets withdrawal fees are different from one option to another, some require no fees and another will add on a small markup as per policy applied, withdrawal options are wide including Wire transfers still most used among traders, e-wallets and cards.

How long does it take to withdraw money from FP Markets?

Typically FM Markets confirm and process the withdrawal request within 1-2 business days.

FP Markets Withdrawal Review

Customer Support and Responsiveness

Score – 4.4/5

Testing FP Markets’s Customer Support

Another good point in its client-oriented philosophy we found at FP Markets is a competent customer service which is available through various methods including Online Live Chat, Phone, emails, etc. Apart from the positive and high regard from the clients, FP Markets supports a range of languages, so you may count on quality help.

In addition, there are established centers in the Asia region, Europe and Australia so the time zones and accessibility are counted, this is why customer service is available  24/7.

Contacts FP Markets

Customers have various handy options to reach FP Markets. The broker provides a live chat tool on its website that lets customer service agents instantly assist with short questions. This is especially helpful for pressing problems needing quick response.

For individuals who would rather communicate directly, FP Markets offers phone support with assigned numbers for different areas so clients may reach out anywhere. 

FP Markets Support Review

Research and Education

Score – 4.6/5

Research Tools FP Markets

FP Markets provides great Research tools with comprehensive analysis suitable for beginning traders also supporting everyday trading, while Research features include market outlooks, news feeds, trading ideas, also including great ongoing tools like Trading Alerts and Signals. Additional Research tools like economic calendar, calculators, Technical and Fundamental analysis are some of the obvious tools that keep traders updated about forthcoming events that can influence the market’s movement. 

For the direct trading tools, various platforms enable extensive range of research tools like one-click trading, algorithmic rules, indicators, Autochartist and social trading functions that allow participation in the active trader community. Also, the MT5 and cTrader bring one of the best, extended inbuilt indicators and graphical objects via pending orders and displayed currency market depth. Additionally, FP Markets included various tools as available for free use including great quality and very useful Sentiment Trader, Trading HeatMap, Tick Chart, Correlation Matrix etc helping to maintain Professional research on markets from various perspectives.  

FP Markets Research Review

Education

In fact, those who have information obtain advance among others while trading, hence learning is an endless task, and the good news is that FP Markets supports personal efforts and provides excellent quality learning materials, various trading analysis tools and guides.

  • FP Markets Trading Series presents three sections that help to become a better trader that is diverse to a different level of traders, through the established Traders Hub.
  • There are numerous Trading Videos, Trading Info, Webinars, Events and Podcasts available via FP Markets Education

Is FP Markets a good broker for beginners?

Yes, FP Markets Broker is definitely a good choice for beginners in trading, there an excellent range of platforms, also educational materials, research and analysis are some of the best provided by the Brokers based on our research and FP Markets score.

Portfolio and Investment Opportunities

Score – 3/5

Investment Options FP Markets

For Investment Options and Opportunities at FP Markets is limited. The proposal is not designed for Investment Purposes, where FP Markets focus is CFDs trading provider, which differs from Investment Portfolio firms. 

Yet, Copy Trading and Social Trading is available at FP Markets that may be considered as an Investment Opportunity. Also, Multi Account Manager or MAM/ PAMM accounts are available for Investors and Followers. 

Account opening

Score – 5/5

How to open FP Markets Demo Account?

You can open a demo account with FP Markets before investing real funds, also have access for trading practice purposes in parallel with Live Trading Account. The default demo account balance provides $100,000 in virtual funds, while FP Markets does not impose a time limit on demo accounts making it an excellent option for both beginners and experienced traders to polish trading strategies.

To open Demo Trading follow these simple steps:

  1. Visit the Website: Go to the FP Markets website and navigate to the Trading tab. Select “Forex Account Types” to choose your preferred demo account.
  2. Register: Click on “Try a Free Demo” and fill out the registration form with your name, email, country of residence, phone number, preferred trading platform, desired password, account type, and base currency.
  3. Download Platform: Download and install either the MetaTrader 4 (MT4) or MetaTrader 5 (MT5), or cTrader trading platform based on your selection.
  4. Access Your Account: You will receive an email with your demo account details after registration. Use these credentials to log in to the trading platform.

How to open FP Markets Live account?

To open a live account and Login FP Markets steps to follow are straightforward and easy to navigate, yet the account differences or approvals may differ based on the entity conditions.

For FP Markets Sign Up to Live Account follow: 

  1. Visit the Website: Go to the FP Markets website and click on the “Register” button.
  2. Fill Out the Registration Form: Provide your details, including your name, email address, country of residence, and phone number. Select your account type (individual or corporate) and preferred language.
  3. Complete Additional Information: Enter your address, date of birth, occupation, and financial details. This information is necessary for compliance with KYC regulations.
  4. Choose Account Preferences: Select your preferred trading platform (MT4 or MT5), account type (Standard or Raw), base currency, and leverage.
  5. Submit Identification Documents: Upload required identification documents such as a passport or driver’s license and proof of address (utility bill or bank statement).
  6. Verify Your Account: Once submitted, FP Markets will review your application. Verification typically takes up to one business day.
  7. Fund Your Account: After verification, deposit funds using one of the available payment methods to start trading.

FP Markets Account Opening Review

Additional Tools and Features

Score – 4.6/5

For its customers, FP Markets offers a range of extra tools and capabilities that improve the trading process and provide some unique experience FP Markets provides third party tools like Autochartist and Trading Central, Professional Copy Trading Services via Signal Start, etc. Besides, Broker run Active Traders community and rewards traders based on Trading Volume, also may provide access to premium tools and a personalized experience. Yet, availability of programs and features depends on the enity and may be available on a temporary basis so good to check available features at the current moment. 

Another good addition we found, is that FP Markets gives back to their clients by reimbursing VPS purchase. The client can sign-up to a chosen VPS provider trade a minimum of 10 lots on RAW FX and get a cash payment back into the trading account with a maximum of up to 50$ a month.

All things considered, FP Markets is a complete option for traders trying to maximize their trading techniques thanks to various  tools and features available, together with competitive spreads and a large array of instruments.

FP Markets Additional Tools Review

 

FP Markets Compared to Other Brokers

When comparing FP Markets to seven other brokers we review several parameters to evaluate and assess offerings and performance to get a better picture of competitiveness and find wether conditions are favorable or not. Here are the key parameters and insights:

  1. Fees and Commissions

Fees are Comission at FP differ based on account offering, while Standard Account fees we find in line with Industry proposals alike. Yet, at Raw Account or commission basis account spreads are starting at 0.0 pip and commission charge is $3 per lot makingFP Markets very competitive for this account type. Although brokers like IC Markets and Pepperstone also provide low fees on commission account, FP Markets distinguishes itself also with no inactivity fees and low withdrawal costs.

  1. Trading Platforms

FP Markets provides an excellent range of platforms to meet various trading tastes and suite wide range of best strategies. Platform including MetaTrader 4, MetaTrader 5, cTrader, TradingView and Proprietary Software along with social and Copy trading platforms. While other brokers like Pepperstone and Forex.com have strong interfaces for platform offering too, FP Markets stands out with IRESS as included option and also points out a range of tools accessible on free basis.

  1. Asset Variety

FP offering is comprehensive with access to more than 10 thousands trading instruments to trade Forex and CFDs on equities, commodities, and cryptocurrencies. FP Markets . This is among very strong offering in industry, yet similar to brokers like eToro and Forex.com, which likewise support a broad spectrum of assets but might not exactly match FP Markets in terms of absolute volume.

  1. Customer Support

Live chat, phone, and email support is provided  24/7 customer service from FP Markets. Although their help is usually receptive and informative enough, brokers like Pepperstone have been praised for their quality of customer service alike.

  1. Regulation

ASIC, CySEC, and FSCA control FP Markets regulations, being  top-tier licenses guarantee traders high security level. This regulatory control is on par with that of other respectable, well-regulated brokers such as IC Markets  but might be less competitive if to compare quite Brokers like IG, Oanda or Forex.com with additional licenses in US

  1. Educational Resources

FP Markets offers one of the best education resources we review with various courses, blogs, market analysis tools and trading resources, including webinars, seminars and range of high-quality tools. Rivals like eToro, provide less comprehensive learning materials for novice traders, yet AvaTrade and Peppersone education is of great quality too

  1. Account Types

Commission-free and commission-based options are among the two main account models FP Markets provides, which cater to distinct various trading strategies and preferences. This adaptability matches what Vantage and Pepperstone provide too, although it might not be as thorough as some other Brokers with more specialized accounts.

Parameter FP Markets IC Markets Pepperstone eToro Forex.com OANDA AvaTrade
Spread Based Account From 1 pip From 1 pip Average 0.7 Average 1 pip From 0.8 pips From 0.8 pips Average 0.9 pips 
Commission Based Account 0.0 pips + $3 0.0 pips + $3.50 0.0 pips + $3.50 Available at US eToro Crypto 0.0 pips + $5 0.1 pips + $4 For Professional Account only
Fees Ranking  Low/ Average  Low/ Average  Low  Average Average  Low Low
Trading Platforms MT4, MT5, cTrader, IRESS, Proprietary Platform MT4, MT5,cTrader MT4, MT5,cTrader, TradingView Proprietary MT4, MT5, Forex.com Platform MT4, MT5, OandaTrade MT4, MT5, AvatradeGO, AvaOptions, AvaSocial
Asset Variety 10,000+ instruments 1,000+ instruments 1,200+ instruments 2,000+ instruments 500+ instruments 500+ instruments 250+ instruments
Regulation ASIC, CySEC,  FSCA, CMA ASIC, CySEC ASIC, FCA, DFSA, SCB, CMA, CySEC, BaFIN FCA, CySEC, ASIC, FSAS, NFA for Crypto Exchange FCA, NFA, IIROC, ASIC, CFTC, CySEC, JFSA, MAS, CIMA FCA, CFTC, NFA, MAS, ASIC, IIROC, FFAJ ASIC, MiFID, Bank of Ireland, JFSA, FSCA, CySEC, BVI FSC, FRSA, ISA
Customer Support 24/7 support 24/7 support 24/7 support 24/7 support 24/5 support 24/5 support 24/5 support
Educational Resources Excellent Good Excellent Good Good Good Excellent
Minimum Deposit $100  $200  $0  $200  $100  $0  $100 

Full Review of Broker FP Markets

Established broker FP Markets has provided a strong trading environment since 2005 under the regulation of ASIC and CySEC. Having access to more than 10,000 financial instruments covering Forex, CFDs, Commodities, and Cryptocurrencies, FP Markets meets different trading tastes. The broker ensures traders may find the greatest match for their strategy by offering multiple platforms, including MetaTrader 4, MetaTrader 5, cTrader, TradingView and proprietary Platforms.

There are competitive fees, no inactivity fees, and spreads on the Raw account start from 0.0 pips. Through expert advisors on MT4/ MT5 platform, FP Markets also enables algorithmic trading, high level APIs and algorithmic trading available at cTrader and IRESS platforms alike. Also Broker provides systems with  copy trading capability. Customer service via phone, email, live chat is accessible 24/7.

However, FP Markets lacks passive income options like interest on idle balances, which some competitors offer. FP Markets is a good option for both new and seasoned traders since it combines low-cost trading with an extensive range of tools and information.

Ivinca From Cyprus | | Wednesday, October 25, 2023

I want to express my dissatisfaction with FPmarkets. I opened an account based on the information from their website, especially regarding swap rates. However, I was surprised by the higher fees than advertised. These additional fees resulted in significant losses in my investments. This left me incredibly frustrated because I had relied on the information provided by the company when making my trading decisions. When I contacted customer support, the company acknowledged the mistake and promised to reimburse the losses. However, they did not respond to my emails and failed to fulfill their promise. This is part of the email saying that they would refund part of the amount: ''....'' Be cautious when opening an account with them, as they may overcharge and not honor commitments.

Albert From Italy | | Monday, September 4, 2023

Excellent VPS service, truly perfect latency, efficient and elastic support

Mate93 From Georgia | | Monday, November 29, 2021

I have been trading with them for over 6 months. My account number is: 8164066. During trading everything was perfect: spreads, pricing execution, but when I submitted a withdrawal issues started. I requested a withdrawal of 4.6K, and it was not processed in time. After communication with the support, my withdrawal was put on hold and only 2K were returned. My account was cancelled, all my data was deleted. The risk team does not reply to me and they do not agree to speak with me over the phone. Hopefully, I have all the trading history and data saved so I can contact the regulator. If somebody thinks that they are reliable brokers, they are wrong. They are regular marketmakers who do not want you to make profits and if you made profits they simply cancel it for some unrealistic reasons. So basically if you want to trade, make profits and get your deserved money they are definitely not for you! I hope this is going to be the way to get some feedback from them.

  • Mate93
Mate From Georgia | | Monday, November 29, 2021

My account number is 8164066. This company is definitely not what is advertised. I have issue with the withdrawal. They cancelled my profits and closed my account without any notification or explanation. They are just regular marketmaker scam broker, who do not want their clients to make profits and will do everything not to give you your money. They team is just ignoring my messages and does not contact me . If anyone has same issue please help me out. Thanks.

Steve From South Africa | | Monday, April 26, 2021

I have had an amazing experience with FPMarkets so far - the spreads on their raw accounts are as tight as they claim, usually hovering between 0.0 - 0.2 pips for EUR/USD, and usually below 1 pip for most of the liquid crosses. Their commissions are lower than the industry average, and they provide you ample leverage to trade whichever style you please. If you also love trading indices, you'll enjoy this broker, they have a great selection of the major indices (FRA40, EURO50, DAX, DOW, NASDAQ, S&P500, CHINA50, NIKKEI, ASX, FTSE100, SING30, HK50 etc.). They offer 4 of the of the most popular cryptos (Ethereum, Bitcoin, Bitcoin Cash, and Litecoin) and a decent selection of commodities (Oil, Gold, Silver, Palladium, Platinum, Natural Gas). On their MT5 accounts, they offer a selection of blue chip stocks from Europe, the UK and the US. Note that these stocks are now only available on their MT5 accounts (but you can still trade everything else on MT4). If you want a full CFD shares trading platform, they also offer IRESS accounts with over 10 000 equities to trade - however I have not traded on this platform with them. Overall, I really like this broker because they seem to be honest - I have been with brokers who will intentionally widen their spreads to spike out your stops and to make your TP orders fall short, but with FP I've had numerous occasions where the price has come extremely close to my stops and never have I seen this type of foul play happen with them. If you trade with them, your losses will be on you and you alone! Since they are ECN and DMA, it is in their best interest to ensure that their clients keep trading to earn them commissions and spreads. Happy trading all!

Gg From Sri Lanka | | Tuesday, November 12, 2019

thanks

  • FP Markets received Best Global Forex Value Broker Award

    Global Forex Awards 2019, which was held in Limassol, Cyprus this year on 4 October, announced its results and awarded FP Markets the Best Global Forex Value Broker Award. The Global Forex Awards is an international event, which celebrates the best performing forex businesses and brands on a global and regional basis. Global Awards schedules...

    Read more
  • FP Markets annouced the launch of a new IB portal

    FP Markets, an ASIC-regulated global CFD and forex broker founded in 2005, is further strengthening its online offering by launching a new dedicated Introducing Broker (IB) portal. The customized portal was designed as a multi-level platform for individual IBs and Master IBs. The company has always been committed to transparency, so they has ensured that...

    Read more
  • FP Markets has launched a technical analysis trading tool Autochartist

    ASIC-regulated global CFD and forex broker FP Markets has added Autochartist to its wide range of trading tools.   Autochartist is an online technical analysis tool which scans the market to provide detailed breakdowns across a wide range of Forex and CFD instruments. This tool helps to easily  understand the real time trading opportunities.  Once the...

    Read more
  • FP Markets Launches Traders Hub

    FP Markets an international brokerage firm based and regulated in Australia operates over 15 years for now and constantly shows its great success along with the improvement of its conditions. FP Markets vision stands at the connection of the best technology, consistently tight spreads and necessary tools that assist in better trading decisions. So with...

    Read more
  • FP Markets rated as the Best for Quality of Trade Execution 2019

    ASIC-regulated global CFD and forex broker FP Markets recently announced that it has been rated as the forex & CFD broker with the "Best for Quality of Trade Execution 2019" in the recently published Investment Trends 2019 Australia Leverage Trading Report.    This very honorable award came from the Investment Trends 2019 Australia Leverage Trading Report which...

    Read more
  • FP Markets Celebrates Its 15 Year Anniversary

    FP Markets proofs its status of being one of the most well-established Forex & CFD brokers in the world by celebrating its 15-year anniversary.  Two days ago FP Markets celebrated its 15th anniversary and to coincide with this momentous milestone announced the launch of its new website with a variety of new look features and...

    Read more
  • A Winning Streak With FP Markets

    As another football season comes to an end, FP Markets celebrates the end of another successful advertisement association with the Premier League. FP Markets hit an incredible winning streak with the FP Markets logo featuring behind three winning goals during this period reaching a global audience of billions as well as being showcased during the...

    Read more
  • The votes are in and FP Markets has been crowned ‘Best Global Value Forex Broker’ for 2020

    FP Markets is delighted to announce that it has been awarded the Best Global Value Forex Broker for 2020. The Global Forex Awards 2020 awarded excellence in the financial industry in areas such as cutting-edge technology, low-cost trading and customer service. This is the second consecutive year that FP Markets has been voted as the Best...

    Read more
  • FP Markets Expands Its CFD Trading Offering in Commodities, Metals and Indices.

    FP Markets has announced that it is expanding its product offering. Recently awarded as the ‘Best Value Global Forex Broker’ for a second consecutive year, the company continues to set the benchmark in CFDs and Forex and is pleased to announce it has added the following products to its offering: Volatility Index (VIX) Natural Gas (XNGUSD) Platinum (XPTUSD)...

    Read more
  • FP Markets launches intuitive and feature-packed Mobile Trading App

    The innovative FP Markets Mobile App puts a wealth of information at the fingertips of traders on-the-go. In the fast-paced world of online trading there is an award-winning Forex and CFD broker that has been consistently able to stay ahead of the curve. One of Australia’s leading fintech companies, FP Markets has announced the launch of The FP...

    Read more
  • FP Markets Added 550+ Multi-Country Share CFDs To Its Global Offering

    FP Markets has announced about adding new Share CFDs via its Metatrader 5 (MT5) Platform including a wide range of international companies, representing diverse sectors listed on leading global exchanges, including Zoom, Alibaba, HSBC, Manchester United, Sony and a range of Biotech and Big Pharma companies. The Australian forex and CFDs broker, has added more...

    Read more
  • FP Markets Added New Products to its Portfolio

    New products including Bonds, Commodities, Cryptocurrency CFDs and Equities are now available via FP Markets Metatrader 4 (MT4) & Metatrader 5 (MT5) Platform. Multi-regulated global Forex Broker FP Markets has added new products to its offering on the FP Markets MT4& MT5 Platforms. Being awarded as the ‘Best FX Broker Australia’ 2021, FP Markets does not stop on achieved and continues to...

    Read more
  • FP Markets awarded as ‘Best FX Broker Australia 2021 to add to its victory in 2020

    ASIC-regulated global CFD and forex broker FP Markets recently announced that it has been recognised as the ‘Best FX Broker Australia’ 2021. It is the second consecutive year when the broker gets awarded by FxScouts – and their sister brands TradeForexSA and FxAustralia. 2021 has been a turbulent year for the CFD trading industry and in conferring this...

    Read more
  • FP Markets is named as the “Best Global Value Forex Broker” and “Best Trading Experience in the EU” at the Global Forex Awards 2021

    FP Markets has been getting the “Best Global Value Broker” award for three years in a row, including 2021 and this year the broker also won the “Best Forex Trading Experience Award in the EU”. Multi-asset broker FP Markets has been awarded the “Best Global Value Forex Broker” and “Best Forex Trading Experience in the EU” at the Global Forex...

    Read more
  • FP Markets launches FP Markets Social Trading

    FP Markets Social Trading allows traders to find, follow and copy successful traders automatically. Whether you are looking to trade as a Copier or offering trading strategies as a Provider, FP Markets Social Trading ensures you stay in control.   Copy trading removes some of the complexities of trading forex and CFDs and allows customers a more accessible...

    Read more
  • FP Markets launches the FP Markets Partners Hub for IBs & Affiliates

    The newly launched Partners Hub from the FP Markets provides in-depth informative articles and tips for IBs and Affiliates as well as marketing materials for partners. These tips and tools aimed to teach partners maximize their earning potential. Global CFD and Forex broker FP Markets has launched its informative Partners Hub for IBs & Affiliate Marketing experts. This new unique Hub is...

    Read more
  • FP Markets Claims a Hat-trick of Awards at the 2022 Global Forex Awards

    September 22, 2022For the unprecedented 4th consecutive year FP Markets has won the “Best Global Value Broker 2022” award. To top it off, FP Markets was also awarded another two awards - “Best Forex Partners Programme” in Asia 2022, and “Best Forex Broker” in Europe 2022. On 22 September, the 5th ceremony of the Global...

    Read more
  • FP Markets granted a “Best Trade Execution” award at the Ultimate Fintech Awards 2022

    FP Markets celebrates its 17th year anniversary and continues its award-winning streak by receiving the “Best Trade Execution” award. ASIC-regulated global CFD and Forex broker FP Markets has received a prestigious award “Best Trade Execution” at the Ultimate Fintech Awards 2022 ceremony taking place on the final evening of the iFX EXPO International at Columbia Beach in...

    Read more
  • New tool Share CFDs Directory from FP Markets

    Australian global Forex Broker FP Markets has announced the launch of another key addition to its wide range of trading tools the Share CFD Directory. This Directory contains a dedicated page for each of the 800+ Share CFDs available to trade at FP Markets website and is supported on Metatrader 4 & 5 platform. Share CFD Directory covers a...

    Read more
  • FP Markets Launches the Upgraded and Redesigned Introducing Broker (IB) Portal

    15 November 2022: FP Markets has redesigned its IB portal with business intelligence in mind, to assist in maximizing transparency and make certain the partnership is a success. In the FX Industry, the IB program introduced by FP Markets is one of the leading partnership programs and is designed to reward the introducers and partners...

    Read more
  • FP Markets Crowned ‘Best CFD Broker in Africa’ at FAME Awards 2023

    FP Markets, a prominent broker in Australia specializing in Forex and CFDs, was recently honored with the esteemed title of 'Best CFD Broker in Africa' at the renowned FAME Awards in 2023. This prestigious award serves as a testament to the company's remarkable growth and increasing influence within the African CFD market. In a grand...

    Read more
  • Leading Forex and CFDs Broker FP Markets Expands its Emerging Markets Forex Offering Adding Mexican Peso (MXN), Brazilian Real (BRL) and South African Rand (ZAR)

    As the foreign exchange market continues to grow, there has been a surge in client demand for greater choice and flexibility. In light of this, FP Markets has taken steps to enhance its range of exotic currency pairs. Traders and investors can now engage in trading activities involving the Mexican Peso (MXN), Brazilian Real (BRL),...

    Read more
  • FP Markets Awarded ‘Best Trade Execution’ and ‘Most Transparent Broker’ at the UltimateFintech Awards APAC 2023

    On June 23, 2023, FP Markets, a prominent Forex and CFDs broker, achieved significant recognition at the esteemed Ultimate Fintech Awards APAC 2023. The company was honored with the titles of 'Best Trade Execution' and 'Most Transparent Broker,' solidifying its position as a leading Forex and CFDs broker in the Asian market. These highly coveted...

    Read more
  • FP Markets Enhances its Corporate Social Responsibility (CSR) Programme with Sponsorship of the Cricket Brasil Youth Development Programme

    FP Markets, the worldwide multi-asset broker, has unveiled a sponsorship agreement with Cricket Brasil, an ICC associate member. This collaboration is designed to bolster the youth development program of Cricket Brasil, which offers young individuals an opportunity to complete their education, pursue higher studies, and forge a promising future. In its initial stages, this partnership...

    Read more
  • FP Markets Lowers Spreads for Major Trading Asset Classes

    With the rising demand for cost-effective trading solutions, FP Markets one of popular global multi-asset Forex and CFD brokers, responds with further reduction of its spreads across Key trading instruments it offers to trade. Christodoulos Psomas, Head of Risk at FP Markets, expressed his excitement about the initiative, stating: ‘Through the continuous optimisation of our...

    Read more
Editor team
Avatar photo
George R. Content Creator
George R. is a wide-ranging expert with experience in analysis and writing. Currently serving as a Senior Writer at 55brokers.com. In addition to this role, he has been the Chief Market and Broker Analyst since June 2020. He has played a crucial role in providing in-depth analysis and insights into the financial markets. With nearly a decade of experience as a Foreign Exchange Trader, George brings a deep understanding of market dynamics and trading strategies. His previous positions include serving as the Chief Market Analyst at SVS Securities Plc.
Crispus Nyaga is an investment analyst with great experience in financials. His expertise spans various domains, including Petroleum, Statistical Data Analysis, and Technical Analysis. Crispus is proficient in utilizing advanced tools to conduct in-depth market research and data analysis. Also, he has an academic background - holding a Master’s degree in Business from Kenyatta University.
Eno Eteng is a highly skilled and certified financial technician with a Diploma from the UK Society of Technical Analysts. As a pioneer alumnus of the Tony Elumelu Foundation's (TEF) Entrepreneurship Program (class of 2015), Eno has been a prominent figure in the financial content industry since 2009. Over the years, Eno has crafted more than 5,000 ghost-written articles for major industry players, including InvestooGroup, EasyMarkets, eToro, Spotware Systems, and high-profile clients like the Chief of Staff to the Delta State Government of Nigeria.

173 responses to “FP Markets”

  1. lmao, none advantages? funny.. what i think about ironfx is that its one of the most solid shops out there good mix of trading options, educational resources, and some neat features for automated and copy trading.

  2. Hello Goodmorng do u accept clients from Dubai because l want to start but l don’t know how do u have legit brokers

    • Hello Lilian,

      Thank you for choosing FP Markets.

      Please be infored that FP Markets does offer its services to client from Dubai.

      For more information or guidance on how to proceed, please reach out to our Customer Support team via email at supportteam@fpmarkets.com or via the live chat window at fpmarkets.com

      We remain at your disposal for any further assistance.

      Kind regards,
      FP Markets

  3. Hi, I am from Australia, and wanted to ask if your platform/s in particular raw account and zero spread account freeze, or don’t allow retail trader to open/close trades notably NY session, and specifically around 3am during week days, such as on Mon/Tuesdays. I have found Think Markets whom i really liked alot, however they tend to freeze or close platform to retail traders around 3am until 5am especially start of the week. I prefer trading from NY session until about 3 or 4am as intraday trader so best trends occur more often for couple hours during this time period. I would be most gratefull for your response. Yours Gratefully, May

    • Dear Mary,

      Thank you for your question.

      Kindly not that the Raw account spreads start from 0.00

      However, please note that we do not offer fixed spreads and the Raw account conditions would only apply on Forex and Metals.

      With regards to freezing the prices prior markets opening and specifically the NY session, this is not the case with FP Markets.

      Should you have any further questions, please feel free to reach out.

      Kind regards,
      FP Markets

    • Dear Chinonye,

      Thank you for your qeustion.

      Please note that FP Markets does accept client from Nigeria, under it’s International entity.

      Should you need any further information, please do not hesitate to reach out to us.

      Best regards,
      FP Markets

  4. Hi.. i am from malaysia, how much leverage offer for malaysian with swap free account. It is possible max leverage to be lowered i.e 1:30 or 1:50

    • Dear Yusuf,

      Thank you for your questions.

      Kindly note that Swap free account are only offered to client who profess Muslim faith.

      With regards to the leverage, yes you may lower it to 1:30 or 1:50, this will completely depend on your trading style and preferences.

      Should you have any further questions, please do not hesitate to reach out to us via email at: supportteam@fpmarkets.com

      Best regards,
      FP Markets

  5. Dear Amine,

    Thank you for your message.

    FPMarkets does provide services to clients residing in the Philippines under our international entity: https://www.fpmarkets.com

    To register your trading account you can refer to the following link: https://portal.fpmarkets.com/register

    Further to that you will be able for proof of identity and proof of residency documents in order to verify your trading account.

    As ID we can accept a passport, National ID card or driving license. As proof of residence we can accept a utility bill or a bank statement issued in the past 6 months.

    Should you have any further questions, please do not hesitate to contact our Support team at: supportteam@fpmarkets.com

  6. Dear Stephanie,

    Thank you for your message.

    FPMarkets does provide services to clients residing in the Philippines under our international entity: https://www.fpmarkets.com

    To register your trading account you can refer to the following link: https://portal.fpmarkets.com/register

    Further to that you will be able for proof of identity and proof of residency documents in order to verify your trading account.

    As ID we can accept a passport, National ID card or driving license. As proof of residence we can accept a utility bill or a bank statement issued in the past 6 months.

    Should you have any further questions, please do not hesitate to contact our Support team at: supportteam@fpmarkets.com

    • Dear Nana,

      Thank you for you question.

      I regret to inform you that FP Markets does not provide services to clients from USA.

      Thank you for choosing FP Markets.

      Best regards,

  7. Hello Tamunoemi,

    Thank you for your question.

    I regret to inform you that FP Markets does not offer spread betting.

    We offer two account types: Standard account and Raw account. We do not charge a commission on Standard account but instead, there is a mark up on the spread by 1 pip. Our Raw account shows the raw spread received from our liquidity providers, on this account we charge a commission of 6 USD per lot.

    Therefore, we do provide services to client from Nigeria.

    Should you have any further questions, please do not hesitate to contact our 24/7*support team at: supportteam@fpmarkets.com

    Kind regards,
    FP Markets

  8. Hello,
    Do you accept clients from Pakistan ? And do you allow more than one payment method for them each time ?

  9. Dear Tamunoemi,

    Thank you for your question.

    Please be informed that FP Markets does provide services to clients from Nigeria, under its Global entity.

    The account types that we offer are Raw and Standard. We do not charge a commission on Standard account but instead, there is a mark up on the spread by 1 pip. Our Raw account shows the raw spread received from our liquidity providers, on this account we charge a commission of $6 per lot.

    Furthermore, you can have up to 10 live accounts under your profile.

    Should you have further questions, please do not hesitate to contact our customer support via email at: supportteam@fpmarkets.com or directly at our 24/5 live chat channel.

    Kind regards,
    FP Markets

  10. Dear Tamunoemi,

    Thank you for you question.

    We offer two account types: Standard account and Raw account.

    We do not charge a commission on Standard account but instead, there is a mark up on the spread by 1 pip.

    Our Raw account shows the raw spread received from our liquidity providers, on this account we charge a commission of 6 USD per lot.

    You can view our spreads on average at the following link: https://www.fpmarkets.com/forex-spreads/#forextable

    Kindly note that the spreads are variable and not fixed.

    Feel free to drop us an email at supportteam@fpmarkets.com if you have any other questions.

    Kind regards,
    FP Markets

  11. Bad Experience. I uploaded an image of my credit card and someone shortly thereafter tried to buy something online. My bank new it was foul play and cancelled the card. FP markets were not very forthcoming when I complained. Customer service people at “front” was nice but compliance department very difficult to deal with.

    In the end I ended up withdrawing my funds and selecting another broker.

    My advice: do not upload image of your card as that is not what is needed.

  12. I’d like to know if theres a spread betting account for Nigerians, and a multiplier account. Do you have us

  13. Hello Catherine,

    Thank you for you question.

    I regret to inform you that this is not the case with FP Markets and we do not trade on clients behalf.

    However, FP Markets Copy Trading allows you to find, follow and copy successful traders automatically. There is no need to build your own trading strategy or conduct research on forex markets.

    Please refer to our Social Trading page for more information: https://www.fpmarkets.com/int/social-trading/

    Feel free to drop us an email at supportteam@fpmarkets.com if you have any other questions.

    Kind regards,

  14. I don’t want to trade because I don’t know. I just want to deposit money and track my account and profit on the account. Is this possible?
    Are you offering it to me ??
    Please recommend!
    thanks

    • Dear Catherine,

      Thank you for your message.

      FP Markets Copy Trading allows you to find, follow and copy successful traders automatically. There is no need to build your own trading strategy or conduct research on forex markets.

      Please refer to our Social Trading page for more information: https://www.fpmarkets.com/int/social-trading/

      Feel free to drop us an email at supportteam@fpmarkets.com if you have any other questions.

    • Dear Ramon,

      Thank you for your message.

      FPMarkets does provide services to clients residing in the Philippines under our international entity: https://www.fpmarkets.com/int/

      To register your trading account you can refer to the following link: https://portal.fpmarkets.com/register

      Further to that you will be able for proof of identity and proof of residency documents in order to verify your trading account.

      As ID we can accept a passport, National ID card or driving license. As proof of residence we can accept a utility bill or a bank statement issued in the past 6 months.

      Should you have any further questions, please do not hesitate to contact our Support team at: supportteam@fpmarkets.com

  15. Dear James,

    Thank you for your interest in FP Markets.

    We do not offer robots and automated trading, however FP Markets Copy Trading allows you to find, follow and copy successful traders automatically. There is no need to build your own trading strategy or conduct research on forex markets.

    Please refer to our Social Trading page for more information: https://www.fpmarkets.com/int/social-trading/

    Feel free to drop us an email at partners@fpmarkets.com if you have any questions on how to get started.

  16. I am from Nigeria and interested in trading with FPMarkets, but no time to spare in trading and no experience. Can I open my account, fund it and profit from making use of your artificial intelligence service in trading? Is $100 deposit enough to start my kind of proposed trading?

  17. I decided to close with FP Markets as the Customer Service is more busy asking for reviews than giving assistance. Even the Italian market manager asked me in his welcome letter if I could do a review on Trustpilot. A nightmare. If I contacted support 3 times they asked me for three reviews. For me FP Markets is overestimated. Assistance is very important both for beginners and skilled trading.

    • Dear Giovanni,

      I regret that we provided you with a poor customer experience — it is the exact opposite of what we pride ourselves on. We value our customers and understand how important it is to offer exceptional service.

      We did some research and could not find any recent interactions between you and our team, nor requests to write a review. Nevertheless, we love to hear our clients genuine feedback on our services, and we apologize if any requests from our side caused you inconveniences.

      Kind Regards,
      FP Markets

  18. Hi I am from Canada and no knowledge about forex trading. My question is, can I open an account and let a forex trading robot take charge of the rest? How soon can I start and is CDN $1000 sufficient enough for a sart? Thanks

  19. Dear Ahmed,

    Thank you for your interest in FP Markets.

    Yes, you can register an account under our international entity: https://www.fpmarkets.com/int/.

    You can use Perfect Money to deposit and withdraw, the deposit will be instant.

    Kindly notify us should you need any other information.

  20. Welcome fp marketfp market Do you accept clients from Algeria and can I deposit with Perfect Money and how long does it take for the deposit to be processed

    • Dear Geoffrey,

      Thank you for your interest in FP Markets.

      Unfortunately, we are not able to accept clients from Uganda.

      Kind Regards,
      FP Markets

    • Dear Karabo,

      Thank you for your interest in FP Markets.

      Unfortunately, we do not accept clients from Botswana.

      Kind Regards,
      FP Markets

  21. Dear Maiky,

    Thank you for your interest in FP Markets.

    Unfortunately, we do not accept clients from Japan.

    Kind Regards,
    FP Markets

  22. Hi
    do you accept the Iraqi and his residency is Iraq?
    how about iraqi one and his residency in Jordan ?

    • Dear Ali,

      Thank you for your interest in FP Markets.

      Yes, you can register an account with a passport issued in Iraq and a recent proof of residence (dated in the past 6 months) issued in Jordan.

      Here is the registration link: https://portal.fpmarkets.com/int-EN/register.

      Kindly notify us should you need any other information.

  23. I don’t want to trade because I don’t know. I just want to deposit money and track my account and profit on the account. Is this possible?
    Are you offering it to me ??
    Please recommend!
    thanks

    • Hiii i m kiel from indonesia but now im in japan i want to trade with you and this my first time to trade what should i do ? ,
      – can I make a withdrawal later at a Japanese bank ?
      – i just want to deposit money, do trading and make profit

  24. Hi

    I am interested in opening an account but I have a few questions.

    Do you offer micro lot trading?
    Do you have a free charting package or do I need to pay for this?
    Do you offer interest on the account balance? (Worth a try!)
    Do you allow scalping traders?
    I live in Spain, so the maximum leverage i am allowed is 1:30, is that correct?
    If I choose the ‘Raw” account, so an ECN account, what are the commission costs for a micro lot order?
    Finally, do you allow hedging trades?
    Sorry for all the questions but I am doing my due diligence!

    Kind regards
    Stuart

    • Dear Lorato,

      Thank you for your message.

      Unfortunately, we do not accept clients from Botswana.

      Kind Regards,
      FP Markets

  25. Hi, Im from norway. can i get membership? and how high can you sett leverage on gold and silver, platinum`? 30? need max on those, gold may have higher than silver i guess.

  26. Hi,
    I’m a resident of Australia and keen on using and wanted to learn how to use a MAM account. Do you have any qualifications needed for obtaining it?

    Warm regards

  27. Dear Richard,

    Thank you for your message.

    Unfortunately, we do not accept clients from Ontario or British Columbia.

    Kind Regards,
    FP Markets

      • Hi there, I am from Namibia. The latter is a neighbouring country on the northwestern side with South Africa. Namibia’s currency, the Namibia Dollar (N$). Is pegged on a 1:1 basis with South African Rand (ZAR). Is Namibian citizens allowed to trade on FPmarkets?

    • Dear Patrick,

      Thank you for your message.

      We do not have an office in Nigeria, however we accept Nigerian clients under our International entity: https://www.fpmarkets.com/int

      Please let us know if you have any other questions.

  28. Dear Donald,

    Thank you for your interest in FP Markets.

    You can deposit funds with your prepaid VISA card, if the card allows refunds.

    We do not offer USD/GBP.

    You will have an account manager who will be more than happy to assist you and guide you.

    We are regulated by the Australian Securities and Investments Commission (ASIC AFS License No: 286354).

    Please let us know if you need further information.

  29. Dear Sirs

    I want to trade with your organisation, and I want to deposit funds with my prepaid visa card is this okay?

    Also can i trade US/GBP ?

    would I be assigned an account Manager once I oped my account.

    Can you confirm your license and regulatory body.

    Kind regards

    Donald

  30. Do you brief your client what is happening on the market daily working hours? If so, how do you reach them?
    Hoping to trade with you any moment after reply.
    Samuel from South Africa

    • Dear Samuel,

      Thank you for your message.

      Besides daily technical and fundamental analysis we post on our blog here https://www.fpmarkets.com/blog/, we also offer daily market reports on any trading opportunity (3x per day) in more than 24 languages and in any market of your choice, plus live trading opportunities updated 96 times a day on multiple timeframes on all assets.

      Kindly notify us should you need any other information.

    • Dear Craig,

      Thank you for your message.

      Unfortunately, we do not accept US residents.

      • Hi I am a Taiwanese and would like to know 1) if you accept credit / debit card issued from Taiwan local bank for deposit 2) My Visa credit card have my name on it but, my Visa debit card do not have my name on it. Can I still used my Visa debit card to fund my deposit if I intend to open an account with you?

        • Dear Paul,

          Thank you for your interest in FP Markets.

          We accept clients from Taiwan, and you can use a credit/debit card issued in Taiwan.

          You can use your Visa debit card to deposit and withdraw, even if your name is not mentioned on the card.

          Kindly notify us should you need any other information.

    • Dear Andre,

      Thank you for your message.

      Unfortunately, we do not accept clients from New Zealand.

    • Dear Peter,

      Thank you for your interest in FP Markets.

      Please send us an email at sales@fpmarkets.com and one of our team members will guide you through the process of opening an account.

      We look forward to hearing from you.

    • Dear Minh,

      Thank you for your message.

      Unfortunately, we do not accept clients from Japan.

    • Dear Philip,

      Thank you for your message.

      Unfortunately, we do not accept clients from New Zealand.

    • Dear Sasanka,

      Thank you for your message.

      We do not accept clients from Sri Lanka, unfortunately.

  31. Good day; Im fm Philippines. Regarding the min.deposit, is it 100 usd ? Or 100 AUD ?

    My best regards.. randolph

    • Dear Randolph,

      It depends on the base currency of your account.
      If you have an AUD trading account – you will deposit 100 AUD.
      If you have an USD trading account – you will deposit 100 USD.

      Please do not hesitate to contact us if you have further questions.

    • Dear Kenisia,

      Yes, we do. AutoTrade is a trading system provided through Myfxbook.com.

      We also allow Expert Advisors (EAs).

  32. Dear Evagelos,

    Thank you for your interest in trading with FP Markets.

    Our Clients get a dedicated account manager and 24 hour support for any queries they have.

    Please do not hesitate to email us at support@fpmarkets.com if you have further questions.

    • Dear Trevor,

      We accept UK clients. Please reach out to our support team for more information about leverage and regulation.

      Thank you.

  33. I am from Ghana.
    i tried creating account but Ghana was not included in the drop-down list of countries.
    Please is that an omission or we actually can’t have account with FP markets.

    • Dear Abraham,

      Thank you for your interest in FP Markets.

      Unfortunately, we do not accept clients from Ghana.

  34. Using this company for 9 months. Good trading performance so far and low spreads.

    Slowly trading myself back up after a hard 2019. Liking the market updates.

    • Dear Gary,

      Thank you for your feedback!

      We are available 24/5 via email or our Live Chat should you require anything.

      Kind Regards,
      FP Markets

  35. Hi. I was open an account with fpmarket and can I fund my account using local bank transfer from Malaysia

  36. I am pleased to finally find a Broker that is worth the money spent and i have been trading for several years now and used multiple brokers and currently i just stuck with FP Markets, good spreads mate, and the execution is better than the other brokers as well. Good work keep it going and FP Markets will always stick on the top of other brokers.

    • Dear Alan,

      We deeply appreciate your feedback.

      The industry-renowned ‘Investment Trends CFD Report’ has awarded FP Markets with the ‘Most Satisfied Traders’ in the industry for 5 years running.

      Thank you for being a part of our long list of satisfied clients!

  37. Hi there guys, I read some comments and several are asking about the server if its available in their country, FP Markets is a Global Trader, so it covers mostly all over and its opening balance is cheaper than other brokers.

    I am using FP Market for a year and so, its good and reliable beoker.

    • Dear Joshua,

      Thank you for your comments.

      Indeed, FP Markets has been regulated since 2005 in the financial markets, and is a trusted global CFD and Forex broker. The minimum deposit at FP Markets is only $100.

      Kind Regards,
      FP Markets

  38. I am a beginner, i traded between FP Markets and IC Markets and found FP Market is better than IC, not to criticize them but FP has better spreads compared to IC and also the Minimum opening in FP cost cheaper than IC.

  39. Hi, I just wanted to thank FP Market for its services and customer support since they helped me when ever i had an issue.

  40. Hi, I just wanted to thank FP Market for its services and customer support since they helped me when ever i had an issue, i am happy to use FP Market and its good to see that the spreads are lower than other users.

    • Dear Craig,

      Thank you for your kind feedback!

      At FP Markets, our goal is to provide the most satisfying trading experience to every client.

      Please feel free to contact us at support@fpmarkets.com at any time, should you need assistance.

    • Dear Sai Luknarsh,

      Yes, you can trade with FP Markets from Malaysia.

      Kind Regards,
      FP Markets

  41. Do you guarantee forex stop entries under any market conditions without gap?
    Do you increase spreads just before major forex news releases (eg NFP Payroll)?

    • Dear Georgios,

      Since we offer ECN pricing we are not able to guarantee execution – all orders are filled at the first available price in the market once they have been triggered.

      Spreads tend to be wider around news announcements due to high volatility, however if you trade during normal market conditions, you will notice that we offer one of the lowest spreads in the market. Please refer to this page to view our competitive spreads: https://www.myfxbook.com/en/forex-broker-spreads.

  42. Dear Peter K King’ora,

    Yes, you can register an account from the FP Markets international website https://www.fpmarkets.com/int/
    Based on your country selection, your account will be registered with FP Markets LLC and you will be redirected to FP Markets website. FP Markets LLC is a registered company of Saint Vincent’s and the Grenadines.

    • Dear,

      Yes, FP Markets accepts clients that are residents of France and clients that are residents of Morocco.

      Thank you,
      FP Markets Team

    • Dear Gianvittorio

      Yes, FP Markets accepts clients that are residents of Italy.

      Thank you,
      FP Markets Team

    • Dear Peter,

      You can open an account from Tanzania, however, there are some different conditions for the residents of your country. Based on your country selection, your account will be registered with FP Markets LLC and you will be redirected to FP Markets website. FP Markets LLC is a registered company of Saint Vincent’s and the Grenadines. So basically, you will be onboarded with the offshore branch of FP Markets.

  43. Hello Niño,

    Yes, you are able to trade with FP Markets if you are a resident of Dubai.

    Thank you,
    FP Markets Team

  44. Dear Lincon,

    Unfortunately we are not able to accept clients that are residents of Belgium at the moment due to regulations. This may change in the future. Until further regulations change it is possible to open a demo account if you would like.

    Thank you,
    FP Markets Team

    • Dear Colin Minford,

      Our raw account spreads start from 0.0 pips.
      The minimum deposit for an MT4/5 raw account is 100 AUD.

      Thank you,
      FP Markets Team

      • Please, if fpmarkets accept clients in Ghana, then why is Ghana not among the country list.

        I tried to register in Ghana but the country name is not there.

Leave a Reply

Your email address will not be published. Required fields are marked *