Founded in 2005, FP Markets is a leading online broker renowned for its exceptional trading conditions and commitment to client satisfaction. This comprehensive guide will help you learn about FP market regulation, account types, financial instruments, trading platforms, etc.
FP Markets broker review
FP Market forex broker, a leading provider in the industry, offers competitive trading conditions, reliable services, and access to an economic calendar. FP Markets review is regulated by multiple financial authorities and provides various assets and dedicated customer support.
You can choose from popular platforms like MT4 and MT5, benefit from consistently tight spreads, and access educational resources to enhance your skills. The FP market broker’s copy trading feature makes it convenient to follow successful traders. With 24/7 support, FP Markets is committed to providing a seamless and rewarding trading experience. Start trading today!
FP Markets regulations
Is FP Markets legit? Yes, FP Markets is generally considered a legitimate and reputable forex broker. It is licensed and monitored by several financial regulators. There is no credible evidence to support the claim that FP Markets is a scam. FP Markets is regulated by the following authorities.
| Abbreviation | Name of the regulator | Jurisdiction |
|---|---|---|
| ASIC | Australian Securities and Investments Commission | Australia |
| CySEC | Cyprus Securities and Exchange Commission | Europe |
| FSCA | Financial Sector Conduct Authority | South Africa |
| FSA | Financial Services Authority | Seychelles |
| SVG | St. Vincent and The Grenadines | St. Vincent and the Grenadines |
Broker FP Markets ensure that retail client funds are always kept separate from the firm’s capital and held in segregated accounts at leading banks. This means that client money is never used to meet company expenses.
FP Markets does not provide services to residents of the following countries. They are Afghanistan, Cuba, Iraq, Iran, Liberia, Libya, Myanmar, Palestine, Russia, Somalia, Syria, Sudan, Yemen, FP Markets USA, and any countries on the FATF and EU/UN sanctions lists.
Why trade with FP Markets broker?
The reasons for trading with FP Markets brokers are as follows.
- FP Markets is a multi-regulated broker with a proven track record of excellence.
- They offer segregated client funds, 24/7 multilingual customer support, consistently tighter spreads, and personal account managers.
- With over 40 international awards and 19 years of trading experience, FP Markets is a trusted choice for traders worldwide.
- FP Markets offers competitive spreads and commissions, especially for its raw account type. This can help you reduce your trading costs and improve your profitability.
- FP Markets provides a range of educational resources, including webinars, articles, and market analysis. This can help you learn more about trading and develop your skills.
FP Markets account types
FP Market accounts are of two types. They are listed below.
- Forex account – Standard and raw MT4-MT5 account
- Islamic forex account – Raw account and standard MT4-MT5 account
| Accounts types | Forex accounts | Islamic accounts | ||
|---|---|---|---|---|
| Feature | Standard MT4-MT5 account | Raw MT4-MT5 account | Standard MT4-MT5 account | Raw MT4-MT5 account |
| FP Market’s minimum deposit | $100 AUD or equivalent | $100 AUD or equivalent | $100 AUD or equivalent | $100 AUD or equivalent |
| FP Market spreads | From 1.0 pips | From 0.0 pips | From 1.0 pips | From 0.0 pips |
| Instruments | 70+ forex pairs, metals, indices, commodities | 70+ forex pairs, metals, indices, commodities | 70+ forex pairs, metals, indices, commodities | 70+ forex pairs, metals, indices, commodities |
| FP Markets leverage max | 500:1 | 500:1 | 500:1 | 500:1 |
| Execution | ECN-Pricing | ECN-Pricing | ECN-Pricing | ECN-Pricing |
| Commission per lot | Zero | $3 per side | Zero | $3 per 100,000 |
| Minimum trade size | 0.01 lot | 0.01 lot | 0.01 lot | 0.01 lot |
| Expert advisors | Yes | Yes | Yes | Yes |
| Mobile app | Yes | Yes | Yes | Yes |
| VPS available | Yes | Yes | Yes | Yes |
- Both raw forex and Islamic accounts are popular. Please note that swap-free accounts are not available on the Iress platform.
- Islamic traders can benefit from swap-free accounts on our Raw and Standard account types when trading on the MT4 and MT5 platforms. The Iress platform is available on Windows 7 or higher and supported on Mac OSX.
- The minimum deposit of forex and Islamic accounts is $100.
FP Markets demo account
FP Markets review MT4 Demo account offers a risk-free environment in which to practice trading and test strategies. With $100,000 in virtual funds, you can experience real-time market conditions, experiment with automated trading, and familiarize yourself with the MT4 platform’s features.
Access the MQL4 community, use various indicators and tools, and customize your trading environment. Inactivity for more than 30 days will result in the expiration of your demo account, which cannot be reactivated.
FP markets assets and instruments
FP Markets offers a wide range of assets and instruments for trading.
- Forex
- Shares
- Metals
- Indices
- Commodities
- Bonds
- ETFs
- Digital currencies
FP Markets forex
FP Markets FX offers over 70+ forex currency pairs, including major, minor, and exotic pairs. The major currency pairs include GBP/USD, EUR/USD, and USD/JPY. Enjoy consistently tight spreads starting from 0.0 pips, available 24 hours a day, 5 days a week.
Shares
Trade CFDs on over 10,000 Australian and international shares, as well as stock CFDs and indices from exchanges like ASX, NYSE, NASDAQ, and FTSE 100. Examples of Australian shares include Commonwealth Bank, BHP Group, and Westpac Banking Corp.
Metals
FP Markets offer competitive trading on precious metals like gold and silver. Trade these assets against USD or AUD with 500:1 leverage and enjoy consistently tight spreads starting from 0.0 pips on pro accounts.
Indices
FP Markets offers a wide range of 19 major indices for trading. Enjoy zero commissions and tight spreads starting from 0.0 pips on indices like NASDAQ 100 E-Mini, Nikkei 225 (CME), NASDAQ 100 E-Mini, Dow Jones Industrial Average E-Mini (CBOT), Mini SPI 200, DAX Index, SPI 200, S&P 500 E-Mini, and EURO Stoxx 50. These indices are available on FP Market’s powerful trading platforms.
Commodities
FP Markets offers commodity trading on a wide range of products, including energy, metals, and agricultural goods. Trade popular commodities like crude oil, gold, silver, platinum, palladium, copper, iron, steel, aluminum, coffee, natural gas, soybeans, corn, and wheat. Enjoy FP Markets leverage up to 500:1 and spreads starting from 0.0 pips.
Bonds
FP Markets offers bond trading, allowing you to buy and sell corporate and government bonds. Trade bond CFDs like US 10 YR T-Note Futures and UK Long Gilt Futures on MetaTrader 4 and 5.
ETFs
FP Markets offers over 290 ETFs for diversified investment portfolios. Choose from a wide range of ETFs, including bond, equity, alternative investment, factor, inverse, market, specialty, sustainable, commodity, physically backed, currency, actively managed, exchange-traded notes, foreign market, leveraged, sector and industry, and style ETFs.
Enjoy the advantage of minimal spreads starting from 0.0 pips and easily trade these ETFs through your FP Markets account.
Digital currencies
Trade cryptocurrency CFDs with FP Markets and benefit from low spreads and flexible leverage on a wide range of coins, including Bitcoin, Ethereum, Ripple, Litecoin, Bitcoin Cash, and more. Enjoy trading with leverage and low spreads.
FP Markets trading platforms
FP Market review is a leading online broker and it offers a range of trading platforms to cater to different trader needs. Here are some of the most popular FP Markets trading platforms.
- Meta Trader (MT4)
- Meta Trader (MT5)
- Trading View
- cTrader
- Web Trader and MT5 mobile trader
Meta Trader (MT4)
- FP Markets MT4 offers a comprehensive suite of trading tools, including three chart types, nine timeframes, and 24 analytical objects. It is pre-installed with 60+ indicators from MetaTrader 4 chart providers.
- Its customizable interface, one-click trading, real-time price streaming, and secure 128-bit encryption make it a popular choice among traders.
- Additionally, MT4’s support for Expert Advisors, custom alerts, and the MetaTrader Market allows for automated trading strategies and access to a wide range of trading tools.
- Its compatibility with iOS, Android, and Mac devices enables trading on the go.
FP Markets Meta Trader 5 (MT5)
- The platform features a depth of market display, technical indicators, and various pending stop-order types to support advanced trading strategies.
- FP Markets MT5 offers advanced features like hedging and a larger instrument selection compared to MT4.
- With 21 timeframes, 8 order types, 80+ technical indicators, and 40+ analytical objects, traders can customize their trading experience and execute trades efficiently using the one-click trading option.
- FP Markets is compatible with various devices, including Mac OS, iOS, and Android, ensuring seamless trading across different platforms.
FP market Trading View
- Trading View offers a user-friendly interface with advanced charting tools, a vibrant social community, and real-time market data.
- Its intuitive design allows for easy customization, while its extensive range of technical indicators suits traders of all levels.
- Additionally, Trading View provides real-time market information and news, ensuring traders have access to the latest developments.
cTrader
- cTrader offers a versatile trading platform available in six versions across desktop, web, and mobile trading (Android and iOS).
- cTrader is a popular trading platform known for its speed and execution, making it ideal for high-frequency traders.
- It offers advanced features like Level 2 pricing and customizable charting tools.
- With a wide range of timeframes from 1-minute to monthly and multiple chart types, cTrader caters to diverse trading styles.
- Additionally, traders can easily share their charts on social media using Chart Shots and save up to 50 templates across different cTrader versions.
Web Trader and MT5 mobile trader
- FP Markets Web Trader and FP Markets MT5 mobile traders are online trading platforms designed for easy use.
- For those who prefer to trade on the go, Web Trader and MT5 mobile traders provide simplified access to trading features while maintaining real-time market data and essential functionalities.
Forex market hours
With FP Markets, you can trade Forex around the clock. An award-winning support team is available 24 hours a day, 5 days a week to assist you. This is due to the overlap of the four major trading sessions.
- Sydney: 3 pm – 12 am (EST)
- Tokyo: 7 pm – 4 am (EST)
- London: 3 am – 11 am (EST)
- New York: 8 am – 5 pm (EST)
Understand forex market hours explained: when to trade for maximum profit
Deposit / withdrawal of FP Markets
FP Markets deposit methods
FP Markets offers a variety of deposit methods to suit different preferences and needs.
- FP Markets doesn’t charge any fees for deposits.
- FP Markets covers international bank fees (up to $50) for deposits over $10,000 if a receipt is provided.
- FP Markets only accepts deposits directly from the account holder. Third-party funding is not permitted.
FP Markets withdrawal methods
FP Markets offers a variety of withdrawal methods to suit your preferences.
- You can withdraw using credit/debit cards, payment wallets like Neteller and Skrill, online banking, or bank wire transfers directly through the secure client portal.
- To withdraw funds, use the same method and amount as your deposit. Profit withdrawals can be processed through a payment method that is different from the one used for deposits.
The funding methods and their supporting currencies, deposit processing time and charges, and withdrawal processing time and fees are given below.
| Funding methods | Accepted currencies | Deposit processing time | Deposit charges | Withdrawal processing time | Withdrawal fees |
|---|---|---|---|---|---|
| Credit/Debit card | AUD, CAD, CHF, EUR, GBP, HKD, JPY, NZD, SGD, USD, CZK, PLN, AED | MT4/MT5: Instant | No fees | 2-10 business days depending on your bank | No fees |
| Bank transfer | AUD, USD, EUR, GBP, SGD, CAD | 1 business day after funds are credited | No deposit fees are charged by FP Markets. | Domestic transfer: 1 business day. International bank transfer: Up to 5 business days. | No fees |
| Skrill | AUD, CAD, EUR, GBP, INR, BRL, USD | MT4/MT5: InstantIress:1business day | No fees | 1 business day | 1%+ currency conversion fee (if applicable) |
| Neteller | AUD, CAD, EUR, GBP, INR, USD, BRL, CHF, JPY, SGD | MT4/MT5: Instant.Iress:1business day | No fees | 1 business day | 1% up to 30 USD + currency conversion fee |
| Asia Banks | MYR, IDR, VND | Instant | Covered by FP Markets | Instant | 1.50% |
| Stic pay | JPY, EUR, GBP, USD, HKD, TWD, KRW, SGD | Instant | No fees | Wallet- Instant, Bank wire-1-2 business day | 5% for bank wire, 2.5% for wallet. |
| Fasapay | USD, IDR | MT4/MT5: Instant.Iress: 1 business day. | No fees | 1 business day | 0.50% |
| Virtual pay | KES, UGX, TSH | Instant | No fees | 1 business day | 2% |
| Rupee payments | INR | Instant | No fees | – | – |
| Rapyd | BRL, MNX, COP, CLP | Instant | No fees | 1-2 business days. | 2% |
| Perfect Money | USD | MT4/MT5: Instant.Iress: 1 business day | No fees | 1 business day | 0.50% |
| Crypto payments | ADA, BCH, BTC, DASH. ETH, LTC, PAX, XRP, TUSD, USDC (ERC20), USDT (ERC20), USDT (TRC20), ZEC | Up to 1 hour | Blockchain apply | 1 business day | No fees |
| Dragon pay | PHP | MT4/MT5: Instant.Iress: 1 business day. | No fees | 1 business day | 1.50% |
| Rapid transfer | EUR, DKK, SEK, HUF, GBP, PLN, NOK | Instant | No fees | 1-2 business days. | 1% |
| Local bank transfer | LAK | Instant | Covered by FP Markets | Instant | 1% |
| FP Markets P2P | VND | Instant | Covered by FP Markets | – | – |
| Broker to broker | AUD, CAD, CHF, EUR, GBP, HKD, JPY, NZD, SGD, USD | 1 business day after funds are credited | No deposit fees, international fees are covered up to $50 for deposits over $10,000 | – | – |
FP Markets fees and commission
FP Markets offers a variety of trading accounts with different fee structures. Here is a breakdown of the primary fees and commissions you can expect.
This table provides a breakdown of commissions and fees for Forex, Metals, Commodities, and Indices.
| Instrument | Raw account | Standard account | Iress forex account |
|---|---|---|---|
| Forex | 3.50 (AUD, CAD, SGD), 3 USD, 2.75 EUR, 2.25 GBP, 22.5 HKD, 300 JPY, 4.4 NZD, 3 CHF, 15 BRL, 54 MXN, 54 ZAR, 12.2 PLN | Zero (built into the spread) | Zero (built into the spread) |
| Metals | 3.50 (AUD, CAD, SGD), 3 USD, 2.75 EUR, 2.25 GBP, 22.5 HKD, 300 JPY, 4.4 NZD, 3 CHF, 15 BRL, 54 MXN, 54 ZAR, 12.2 PLN | Zero (built into the spread) | Zero (built into the spread) |
| Commodities | Zero (built into the spread) | Zero (built into the spread) | Zero (built into the spread) |
| Indices | Zero (built into the spread) | Zero (built into the spread) | Zero (built into the spread) |
This table provides a clear breakdown of the fees associated with trading Equity CFDs on various exchanges.
| Exchanges | Commission per side | Minimum charge |
|---|---|---|
| Australia | 0.06% | 6 AUD |
| Singapore | 0.15% | 25 SGD |
| Hong Kong | 0.30% | 100 HKD |
| London | 0.10% | 10 GBP |
| Frankfurt | 0.10% | 10 EUR |
| NY NYSE | 2 cents/share | 15 USD |
| NY NASDAQ | 2 cents/share | 15 USD |
Additional fees and information
- IressTrader/Viewpoint: $70 monthly fee. Free if you trade 15 times per month or generate $150 in FP Markets commissions. Live streaming ASX data costs $25 per month, rebated with $50 in ASX equity/DMA index CFD commissions.
- MT4/MT5: Free for all clients.
- Spreads: Consistently tight spreads starting from 0.0 pips. FP Markets offers competitive commissions, as low as $3 each way on raw accounts.
- IB commission: 5 USD per lot for Standard accounts and 2 USD per lot for raw accounts.
- Inactivity fees: No inactivity fees or account maintenance fees.
FP Markets customer support
FP Markets offers excellent customer support available 24/7. Connect with an experienced team through these convenient channels.
- Phone: Toll-free: +44 28 2544 7780.
- E-mail: [email protected]
- Live chat: Available 24/7 in multiple languages.
- Social media: Connect with us on Facebook, Twitter, LinkedIn, and Instagram.
Additionally, if you prefer a callback at your convenience, you can fill out the callback request form on the website.
Conclusion
FP Markets review is a top-tier online broker that excels in providing exceptional trading conditions, cutting-edge platforms, and outstanding customer support. With its commitment to transparency, regulatory compliance, and client satisfaction, FP Markets has established itself as a trusted partner for traders of all levels.
If you are a seasoned professional or just starting, FP Markets offers a comprehensive trading experience that includes competitive spreads and fast execution, diverse payment methods, comprehensive education, and training resources. If you are looking for a reliable and innovative broker to take your trading to the next level, FP Markets is an excellent choice.
Pro Tip
Experience the ultimate trading environment with FP Markets. Open an account today and experience the difference for yourself! Boost your trading success with our trusted forex brokers. Stay ahead of the curve with the latest insights on – Stocks, CFDs, Banking, Forex, Trading, Investment, Cryptocurrencies and more. Drop your suggestions in the comment section.
