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 Markets Mobile App which is intuitive and feature-packed, allowing traders to carry their trading accounts with them in their pocket.
Available on all Android and iOS devices, the FP Markets Mobile Trading App offers trading on Forex and CFDs across shares, indices, commodities and cryptocurrencies.
Download Now: Android (Google Play) | iOS (The App Store)
Not only can traders access 60+ Currency Pairs, they can also trade in more than 50 of the world’s biggest Stocksincluding Facebook, Google, Apple and Amazon. FP Markets also offers leveraged trading on Commodities and more than a dozen Indices from the largest global exchanges. For people who are interested in trading the emerging asset class that is Cryptocurrency with Bitcoin, Ethereum, Litecoin and Ripple all part of the product range.
When asked about the release of the Mobile App, Managing Director Matt Murphie was clear about its importance. “Launching the FP Markets Mobile Trading App was a key company deliverable given modern traders need to be able to trade on-the-go .”
The company’s hard work in 2020 has not gone unnoticed with multiple awards already heading their way this year including, ‘Best FX Broker Australia’ and ‘Global Forex Value Broker’. Matt explained that there is more to it than just hard work and dedication.
“I cannot understate the benefit of having 15+ years experience in the industry. We have traders that have been with us since day one, and we are constantly striving to engage with them to improve our product offering. Their feedback played a pivotal role in the design, functionality and features of the new Mobile App.”
Customer feedback resulted in some of the key features of the Mobile App with traders able to:
Deposit and withdraw from within the Mobile App
Use the ‘Favourites’ menu to create a faster and seamless trading experience
Access their account and change settings via the Client Portal
Access top-tier liquidity with real-time pricing
Conduct research and analysis using a range of trading tools
Log in to their MetaTrader 4 account using the same credentials
Download the FP Markets Mobile Trading App today and start trading.
Download Now: Android (Google Play) | iOS (The App Store)
About FP Markets
FP Markets is an Australian Regulated global CFD and Forex provider with more than 15 years of industry experience. The company’s vision has always been to deliver the ultimate trading destination for clients by combining the best trading conditions, technology, product range, pricing and client services available to those wanting to trade the markets. FP Markets has been awarded as the ‘Global Forex Value Broker’ in consecutive years (2019, 2020) at the Global Forex Awards.
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.
Investment Trends 2019 Australia Leverage Trading Report
This very honorable award came from the Investment Trends 2019 Australia Leverage Trading Report which was based on a broad survey of more than 10,000 investors and traders conducted in November and December 2019. The respondents came from the Investment Trends panel, media houses, online brokers and clients of leverage trading providers.
As a well-renowned company in the industry and the winner of over 40 awards since it was founded in 2005, FP Markets has learnt that the combination of consistently tight spreads and fast execution, coupled with cutting-edge platforms, a wide product range and first-rate customer support are the key ingredients that give serious traders the confidence to trade.
Matt Murphie, Managing Director of FP Markets commented: "We are delighted to be rated as the Best for Quality of Trade Execution 2019 by Investment Trends. The dedicated team at FP Markets work tirelessly to offer clients an unparalleled trading experience by providing consistently tighter spreads and the best in trade execution and it is pleasing to see the hard work recognised by industry experts."
FP Markets is an Australian brokerage company that delivers access to trade 13,000+ products ranging from Forex, Indices, Commodities, Metals, Bitcoin, Cryptocurrencies, Equity CFDs that are offering competitive spreads and flexible leverage throughout one account. The company headquarters in Sydney, Australia while ASIC regulation ensures trustable cooperation as well as full compliance with guidelines that provide a safe trading environment. You can read our full FP Markets review here.
Only during the last few days, WTI oil plummeted below the critical 100 USD threshold, which can be described as a serious global economic depression. As Oil is considered one of the most sensitive assets investors chose to stay on the safe side and sell the cyclical commodity.
Russia Predicts an Inevitable Collapse
As oilprice.com mentions, Russian president Vladimir Putin states, that Europe will not be able to avoid catastrophic energy consequences, as long as the sanctions are in place. "We know that the Europeans are trying to replace Russian energy resources. However, we expect the result of such actions to be an increase in gas prices on the spot market and an increase in the cost of energy resources for end consumers," these are Putin’s words from the meeting with senior officials. Putin is sure, in time Europe will be the one to experience the impacts of the sanctions, even more than Russia itself (this is already partly true). Putin urges that the effects of the further use of sanctions will be catastrophic, and this is put mildly.
Recession Is Unavoidable
Based on numerous indicators, the US is already experiencing a recession. Moreover, energy and food prices show that many European countries will soon face the same fate. A recession usually results in a sharp decline in oil demand, which usually leads to lower prices. "There's the technical part of the recession, but then there's the meaningful deterioration in consumption and employment," Sameer Samana, the Wells Fargo Investment Institute's senior global market strategist, expressed his concerns to Bloomberg. "The technical part is the first-half story, and the brunt of the unemployment and consumption is the second half," Samana explained. Yet, in contrast to earlier anticipations, demand might not increase. Just like that, supply is not flourishing either. For instance, Saudi Arabia had to raise its prices for Asian consumers to record levels. When a fall in demand is anticipated for the products, sellers generally do not raise their prices. Thus, Goldman Sachs’s assumption that oil might still reach 140 USD per barrel makes sense. Another anticipation from Damien Courvalin of Goldman is as follows, "140 USD is still the basic scenario because, unlike stocks, which are anticipatory assets, commodities need to answer for today's misaligned supply and demand."
Bearish Reversal?
For now, the price is below the uptrend line, which might be bearish. It is possible that oil will undergo a decline in the coming 200-day, at 94 USD. However, if oil moves back above the uptrend line the price will possibly return to 120 USD.
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 client has accessed the service, the live trading alerts will be delivered to trader's email, mobile applications with push notifications. All the alerts will be in the trader's language of choice throughout the day in the MT4/MT5 platform. Autochartist delivers 1000+ actionable trade ideas per month in financial markets across Forex, Metals, Indices, Commodities and Cryptos.
Autochartist offers quite a lot of benefits, including the visual indicators in real-time, which help traders identify various trade opportunities as they develop in the market. This tool also makes risk management easier for the trader and gives the ability to scan Forex, Indices, Commodities, Stocks, CFDs and Futures, using a single tool. The maximum control over trading activity makes the Autochartist customisable and easy to use.
You can read more about FP Markets in our full review.
It was strictly against the rules in school. But copying from someone more knowledgeable than you when you’re trading online isn’t only allowed, it’s encouraged.
With a flurry of available copy trading apps, and more traders joining, it’s easy to see that copy trading has become more and more popular over the past few years.
But how? For those who are unfamiliar with copy trading, here are a few reasons why copy trading is catching on.
Practice Smarter, Not Harder
First-time skydivers connect to a more experienced pro when they jump out of an airplane for the first time. New traders choose to copy trade for a very similar reason. It takes a lot of the risk out of the experience. It’s also an easy way to learn the ropes. All you have to do is follow a more experienced trader and copy their moves. By doing that you can potentially profit from their strategies, while also avoiding costly amateur blunders.
Learn Quickly and More Easily
To become a profitable trader you need to understand the markets, and how they move. That can take time, and not every trader can devote several hours every day to learning. By copy trading, traders who have more experience make trading decisions for you, until you’re able to develop your own strategies. The technology is smart, slick, and user-friendly, making copy trading a practical way of quickly learning how to trade.
Diversify Your Portfolio and Grow Your Returns
Traders use copy trading to venture out into new markets by following and copying from traders with more experience in those markets. By broadening their trading horizons even more experienced traders can learn by copy trading. It’s a great way to diversify a trading portfolio without taking on a lot of risks. And as traders become more seasoned, they benefit through copy trading by sharing their trading successful strategies and growing their network.
How to Start Copy Trading
To start copy trading, you need to create an account with your chosen broker and download their copy trading app. Once you’re logged in to the app, you can browse through the trader’s performance data and strategies, and choose one who has a good track record of consistent profits. Once you’ve chosen your trader, you can set the amount you’re willing to invest. It's always a better idea to start with a small portion of your income and increase it as you become amore savvytrader.
Lastly, observe! Analyze what other traders are buying and selling. Both novice and seasoned traders can benefit by watching what other traders are doing.
FBS have introduced new currency pairs to their traders with Retail and Professional categories. The Polish zloty (PLN), Swedish krona (SEK), Hungarian forint (HUF), and Czech koruna (CZK) are available now for trading for clients from the European Economic Area countries.
The feedback from FBS clientele states that the local currencies are of high importance for traders from different European countries. To make trading more convenient for the clients, FBS enlarges the range of trading instruments.
According to the broker's statement, the Polish zloty (PLN), Swedish krona (SEK), Hungarian forint (HUF), and Czech koruna (CZK) are available in Forex Exotic list on MetaTrader 5. However, only European clients who have a Retail or Professional category can now trade new currency pairs.
Hence, the following currency pairs are offered for trading:
USD/PLN
USD/SEK
USD/HUF
USD/CZK
GBP/PLN
GBP/SEK
EUR/PLN
The main advantage of this introduction is that it helps traders, who have profound knowledge of local economic events and their impact on local currencies, show more impressive performance in the market. New currency pairs to trade will be especially useful for traders from Poland, Sweden, Hungary, and the Czech Republic because they know what is happening to their local currency exchange rate at the time and are able to plan their trades accordingly.
The Polish zloty, Swedish krona, Hungarian forint, and Czech koruna are available for trading only in real Standard MetaTrader 5 accounts.
FBS is an acknowledged, CySEC licensed international online Forex broker and the official trading partner of FC Barcelona. FBS is a broker with an international outlook that serves clients in Asia, Latin America, Europe, and the MENA. Its primary focus lies in offering financial products for currency, metals, and indexes trading for clients with different goals and backgrounds. The company features a low barrier to entry and top-ranking apps. Over 11 years in the field, the broker won 50 international awards, including Best International Forex Broker, Best Forex Brand, and Most Progressive Forex Broker Europe.
FBS launches a series of educational courses created by the company’s financial analysts. Traders of any level can boost their knowledge with the help of the lessons in one of the most convenient formats – email. It is fast, effective, and safe, especially in the era of the modern pandemic.
Email courses from FBS are termless. Anyone can subscribe any time and receive well-thought-out lessons, useful videos, and easy-to-do practical tasks to their email address. The email frequency depends on the course complexity. Anyway, FBS experts set it to be as comfortable for participants as possible.
Three email courses are already available for subscription:
Forex Basics – a course for beginner traders. It helps to start trading and support the first steps into the market. There are seven lessons, three educational videos, five practical tasks to learn how to open trades and manage them quickly.
Support and Resistance Levels – a course for traders of intermediate level. FBS experts tell about definitions, techniques for finding S&P levels, and ways of using them in trading during six lessons.
Forex Intensive – a course divided into two levels – for beginners and advanced traders. During five weeks, subscribers get a new email with the Forex Intensive program according to their knowledge level. Ten articles, ten posts, and five webinars – all for free.
The number of courses is gradually increasing.
FBS is an acknowledged, CySEC licensed international online Forex broker and the official trading partner of FC Barcelona. FBS is a broker with an international outlook that serves clients in Asia, Latin America, Europe, and the MENA. Its primary focus lies in offering financial products for currency, metals, and indexes trading for clients with different goals and backgrounds. The company features a low barrier to entry and top-ranking apps. Over 11 years in the field, the broker won 50 international awards, including Best International Forex Broker, Best Forex Brand, and Most Progressive Forex Broker Europe.
The FBS CopyTrade App has introduced a new ‘Risk-Free Investments’ feature. It allows all social trading newcomers to learn how to invest via practice.
‘Risk-free investments’ feature is a great innovation in the world of social trading platforms. The aim of this feature is to help all new users of the app to learn how to invest effortlessly without fear via practice. Alos, ‘Risk-Free Investments’ give the opportunity to test all the major tools of the app and understand how they can prevent the users from a significant loss and increase their chances to profit.
The feature is pretty simple and available for all new users of the app. After the ID verification and studying the information about ‘Risk-Free investments’ in the app, a user has two weeks to try the feature. It has three investments that can be up to $100 and must include a fixed stop loss parameter -10%. The app refunds all the losses, that a user can lose, making risk-free investments.
Simply saying, this new unique feature gives all the users of the FBS CopyTrade App an opportunity to gain confidence at the beginning of the social trading career and familiarize themselves with the application.
The FBS CopyTrade App is a dynamically developing platform for social trading. It is usually named the most user-friendly and easy-to-use copy trading application.
The app was launched in 2018. It is used by more than 5 million investors. FBS CopyTrade allows people who are less experienced in trading to increase their capitals by copying the selected skilled traders. The traders get an income from each copier’s deposit after a successful transaction. The support team of the app operates 24/7 with more than 15 languages.
FBS is an international broker with over 190 countries of presence and 11 years of expertise, providing knowledge via free seminars, special events, educational materials, and daily analytics.
FBS is an official trading partner of FC Barcelona from January 2020.
Despite the exceeding popularity of Forex and its apparent advantages, many people are still scared of trading. The reasons for such anxiety are quite simple. There are many scam brokers in the market. We are going to present some guides on how to recognize both trustworthy and fraudulent brokers, so that every trader can trade happily and with no worries.
Regulated and Non-regulated Brokers
One should always choose a regulated broker in order to protect himself and his investments. A regulated broker is a broker whose actions are monitored by a regulator. Who is the regulator? It’s the type of supervision which aim is to prevent and investigate fraud in the market, keep it transparent and make sure that clients are treated with fairness, their funds are safe, and data is secure.
On the contrary, non-regulated brokers have no control of that kind. It creates opportunities for illegal market activities including unwarranted commissions, loose spreads, hidden Terms and Conditions, and even withdrawal restrictions. Traders and their funds suffer from this activity.
So, the best advice is to avoid brokers without regulation. The risk of trading with them is too high. But there is always a choice as there are many licensed brokers whose services are reliable, and FBS is one of them. As a regulated broker, FBS provides a significant level of protection. FBS operates following the policies, guidelines, and standards stipulated by Cyprus Securities and Exchange Commission (CySEC), license number 331/17.
What CySEC is?
The Cyprus Securities Exchange Commission, or just CySEC, is the regulatory body for the financial industry. Its mission is to provide effective supervision to ensure trader protection. It is an independent regulatory authority that controls investment services and transactions in transferable securities carried out in Cyprus.
CySEC was launched in 2001 as a public legal entity, and then in 2004, Cyprus became a European Union member state. From that time, CySEC regulations and operations have had to meet the European financial regulatory framework's terms.
What does all of that mean? CySEC operates under the branch of European regulators advocating for secure trading and therefore connects with European regulations such as the Markets in Financial Instruments Directive (MiFID) and The Markets in Financial Instruments Regulation (MiFIR).
MiFID and MiFIR are required for firms operating in the European Union. These European regulations are responsible for the transparency across the European Union financial markets.
Regulator is a Key
It’s essential to have a strong regulatory body such as CySEC to prevent money laundering and wrongdoing in the market.
The CySEC license is one of the most significant. People can rely on the companies regulated by CySEC because it guarantees protection and safety for investors and traders. The regulator monitors brokerage companies' actions and transactions to ensure that they comply with the directives of the legal and regulatory framework.
How a CySEC Regulated Broker Protects You
To avoid groundless arguments and excessive boredom of the theory, let’s skip it to the main CySEC pros by using FBS as an example. As a European licensed brokerage company, FBS meets all the requirements of MiFID and MiFIR.
So, why you should choose a CySEC regulated broker:
Client security
FBS operates in 31 European countries. As soon as a trader starts working with the financial markets, he starts economic relations. It’s a serious issue. However, all the funds, and data traders provide FBS with stay safe.
The company is in full compliance with CySEC. Therefore, every client is asked to to go through the verification process. New clients need to upload a pack of documents identifying them, proving EU residency, and their financial status. It mitigates the risk of criminals using fake or stolen documents to open accounts and safeguard their identity and their assets. Moreover, verification is crucial for brokerage companies in fulfilling the legal and regulatory obligations to make the relations clear for its every side.
Transparency and fairness
Financial relations is a complex issue, as it was said before. That’s why transparency and fairness are of a high priority for a CySEC regulated broker. The regulator controls the reception, transmission, and execution of orders. If brokers fail to operate honestly, the regulatory body can impose penalties and sanctions on them. In this case, a broker is at risk of even losing the license.
To make services more lucid, CySEC has a list of brokers under its regulation. Just enter the name of a broker you are interested in and check whether it has a license.
Working with FBS prevents traders from illegal practices such as tampering with the trading platform, price and commission manipulations, and client money withholding without any legal reason. The company also submits periodic financial reports to the regulator to prove the full transparency of its actions.
Full client support
CySEC ensures that a broker is always ready to assist you in any situation, provide traders with necessary instructions on trading, and a working support desk to resolve any problem they have. For such cases, FBS has a 24/7 support chat in client’s local language.
Moreover, FBS helps its clients to master their money management risk skills. Before they start trading, FBS asks them to pass the survey to define their category: Demo or Retail. If they have a Demo category, they can trade in the real market conditions with no risks because it is just training when they aren’t experienced enough. The broker also offers free educational materials, expert webinars, and analytical articles to prepare traders for the real trading. Three days after their last survey results, they can re-pass it for the Retail category and then dive into Forex trading.
Bottom Line
If you’ve decided to become a trader, there are several aspects you should consider. Among them are spreads, leverage, and the general performance of the broker. But the most important thing is regulation. You are going to start trading with a company that will work on your behalf. In case you are a resident of the EEA country, the most relevant option for you is a CySEC regulated broker because it protects your interests on the highest level. Bear in mind, that FBS is a reliable and trustworthy CySEC licensed broker.
