FP Markets Review
Owned by an Australian private limited group of companies, FP Markets is located in a small Caribbean nation called Saint Vincent and the Grenadines.
The company has made its name by understanding its clients’ needs and has won more than 40 industry awards so far. The customer service is outstanding and available 24/5.
FP Markets was established in 2005 and is regulated by CySEC (Cyprus Securities and Exchange Commission) in Europe, and by (ASIC) Australian Securities and Investment Commission in Australia.
In today’s review of FP Markets, we’ll discuss what makes the broker stand out and what features are important to take into consideration while choosing a broker. Follow our detailed review of FP Markets to find out more.
| Main features | |
| Regulations | Australia, Cyprus, St. Vincent and the Grenadines |
| Fees on deposits | 0 USD for Credit Card and Domestic Bank Wire. Other payment methods cost 0.5%+.from the amount |
| Fees on withdrawal | 0 USD |
| Inactivity fees | 0 USD |
| Minimum deposit | 100 AUD or equivalent |
| Minimum account activation | 100 AUD |
| Number of available assets | 10,000+ |
| Leverage up to | 1:500 |
| Available trading markets | Bonds, Commodities, Cryptocurrencies, Forex, Indices, Metals, Stocks |
| Account currencies | AUD, USD, EUR, GBP, SGD, CAD, CHF, HKD, JPY, PLN |
| Demo account | Yes |
| Live account types | Standard, Raw |
| Islamic account | Yes |
| Security | |
| Negative balance protection | Yes |
| Part of compensation fund | Yes |
| Keeps funds on segregated bank account | Yes |
| Assets | |
| Forex | 63 available pairs |
| Shares | 0 |
| Cryptocurrencies | 11 |
| Indices | 16 |
| Commodities | 11 |
| Total | 10,000+ |
| Fees & spread | |
| Forex | From 0 pips. 0.2 Avg spreads on EUR/USD Raw account |
| Shares | N/A |
| Cryptocurrencies | From 1. 15.5 Avg spread on BTC/USD |
| Indices | From 1. 0.51 Avg spread on US500 |
| Commodities | From 1. 0.27 Avg spread on US Brent and Crude oil |
| Software | |
| Platforms | MetaTrader 4, MetaTrader 5 |
| Mobile trading support | Yes |
| Mac device support | Yes |
| Commodities | Yes |
| Payment systems | |
| Payment methods | Bank Transfer, Broker to Broker, Credit/Debit Card, E-wallets, Fasapay, Skrill |
| Minimum deposit | Bank Transfer, Broker to Broker, Credit/Debit Card, E-wallets, Fasapay, Skrill |
| Minimum withdrawal | Bank Transfer, Broker to Broker, Credit/Debit Card, E-wallets, Fasapay, Skrill |
| Withdrawal processing time | Up to 1 Business day |
FP Markets Safety & Security
Safety and security are crucial factors when choosing a forex broker, and FP Markets emphasizes strong regulatory compliance and client-fund protection to create a secure trading environment. Founded in 2005 in Australia, FP Markets has developed a reputation as a well-regulated and trusted broker serving traders in more than 80 countries.
Regulation and Licensing
FP Markets operates under several respected financial regulators around the world. The broker is regulated by authorities such as the Australian Securities and Investments Commission (ASIC) and the Cyprus Securities and Exchange Commission (CySEC), along with other regional regulators including the Financial Sector Conduct Authority (FSCA) and the Financial Services Authority (FSA).
These regulators require brokers to follow strict rules related to capital requirements, transparency, financial reporting, and client protection, helping to ensure a fair and secure trading environment.
Segregation of Client Funds
FP Markets protects traders’ deposits by keeping client funds in segregated bank accounts, separate from the company’s operational funds. This means that client money cannot be used for business expenses and remains protected even if the company experiences financial difficulties.
Negative Balance Protection
The broker also offers negative balance protection, ensuring that traders cannot lose more money than the amount deposited in their trading accounts. In highly volatile market conditions, this feature helps prevent accounts from falling below zero.
Compliance and Security Policies
FP Markets follows strict Know Your Customer (KYC) and Anti-Money Laundering (AML) policies to verify client identities and prevent financial fraud. These procedures help maintain a secure trading environment and ensure compliance with international financial regulations.
Industry Reputation
With nearly two decades of operation and oversight from multiple regulators, FP Markets is widely considered a trusted broker with strong security standards and transparent trading practices
Available Assets on FP Markets
FP Markets provides access to a wide range of financial instruments, allowing traders to diversify their portfolios across multiple global markets.
Traders can access 10,000+ trading instruments across various asset classes including forex, commodities, indices, stocks, cryptocurrencies, and bonds.
Forex
FP Markets offers 60+ currency pairs, including major, minor, and exotic pairs such as EUR/USD, GBP/USD, USD/JPY, and AUD/USD.
Commodities
Traders can trade commodities such as gold, silver, crude oil, and natural gas, which are popular for hedging against inflation and market volatility.
Indices
The broker provides access to major global indices including S&P 500, NASDAQ, Dow Jones, DAX, and FTSE 100.
Stocks
FP Markets offers thousands of share CFDs from major global stock exchanges including the US, UK, Europe, and Asia.
Cryptocurrencies
Traders can also speculate on the price movements of major cryptocurrencies such as Bitcoin, Ethereum, Litecoin, and Ripple.
FP Markets Account Types
FP Markets offers several trading accounts designed to suit different types of traders.
Standard Account
The Standard Account is designed for beginner traders who prefer a spread-only pricing model with no commission fees.
Raw Account
The Raw Account is designed for professional and active traders. It offers raw spreads starting from 0.0 pips with a small commission per trade.
Islamic Account
FP Markets also offers swap-free Islamic accounts for traders who require trading conditions compliant with Islamic finance principles.
Demo Account
A demo account is available for traders who want to practice trading using virtual funds before opening a live account.
FP Markets Fees & Commissions
FP Markets uses a transparent pricing model where trading costs depend on spreads and commissions.
Spreads
Standard accounts offer spreads starting from around 1.0 pips, while Raw accounts provide spreads starting from 0.0 pips.
Commission
Raw accounts charge a commission of approximately $3 per lot per side.
Swap Fees
Overnight swap fees may apply when positions are held overnight depending on the instrument traded.
Deposit and Withdrawal Fees
FP Markets generally does not charge internal fees for deposits or withdrawals, although payment providers may apply processing charges.
FP Markets Trading Platforms
FP Markets offer the 2 most popular platforms to its customers; MetaTrader 4 and MetaTrader 5. MetaTrader 4 is the most popular trading platform throughout the world and is mostly used for trading currency pairs.
MetaTrader 4 (MT4)
MT4 is widely used by forex traders and includes advanced charting tools, technical indicators, and automated trading through Expert Advisors.
MetaTrader 5 (MT5)
MT5 offers improved performance, additional analytical tools, and support for multi-asset trading.
cTrader
FP Markets also supports cTrader, a platform known for its advanced order execution and algorithmic trading capabilities.
WebTrader and Mobile Trading
Traders can access their accounts through web browsers or mobile apps available for Android and iOS devices.
FP Markets Copy Trading
FP Markets offers copy trading solutions that allow traders to automatically copy the strategies of experienced traders.
Through copy trading platforms such as Myfxbook AutoTrade and other social trading solutions, traders can follow professional traders and replicate their trades in real time.
This feature is particularly useful for beginners who want to participate in the market without actively managing trades.
FP Markets Become a Partner
FP Markets offers a partner and affiliate program for individuals and businesses who want to earn commissions by referring traders to the platform.
Partners can earn commissions based on the trading activity of referred clients. The program provides marketing tools, performance tracking systems, and dedicated partner support.
Partnership models include Introducing Broker (IB), Affiliate Program, and White Label solutions, allowing partners to choose the structure that fits their business strategy.
Education and Research Tools
Most new Forex investors lose money and blow up their accounts. The biggest reason why there are so many failing traders is a lack of education, lack of discipline, and inability to control their emotions. FP Markets offers trading courses, webinars, podcasts, event news, video tutorials, ebooks, economic calendars, and technical and fundamental analyses to its traders. The Forex market is never static, it’s always evolving and in order to stay at the top of your game as a trader, you will need to work hard and stay dedicated.
Customer Support
FP Markets provides 24/5 customer support to assist traders with account issues, platform setup, and trading inquiries.
Traders can contact the support team through:
Live chat
Email
Phone support
Help center and FAQs
The broker also offers multilingual support to assist traders from different regions around the world.
FP Markets Pros and Cons
Pros
Strong regulation and security measures
Access to 10,000+ trading instruments
Advanced trading platforms (MT4, MT5, cTrader)
Competitive spreads and low commissions
Multiple account types for different traders
Cons
Some features may not be available in certain regions
Advanced platforms may require learning for beginners
Cryptocurrency offerings may be limited compared to crypto-focused brokers
Conclusion
FP Markets is a well-established forex and CFD broker that offers a wide range of trading instruments, advanced trading platforms, and competitive trading conditions. With regulation from reputable financial authorities and a variety of account types, the broker provides suitable trading solutions for both beginners and experienced traders.
The availability of platforms such as MT4, MT5, and cTrader, along with access to thousands of trading instruments, makes FP Markets a flexible trading environment. However, traders should always conduct their own research and understand the risks associated with leveraged trading before opening an account.
