FP Markets Review 2023 – Pros and Cons

UPDATED ON :

FP Markets is a leading online trading brokerage firm that offers traders access to a wide range of financial instruments, including forex, indices, commodities, cryptocurrencies, and shares. The company was founded in 2005 and is headquartered in Sydney, Australia, with additional offices in Cyprus and the UK.

FP Markets is regulated by the Australian Securities and Investments Commission (ASIC) and the Cyprus Securities and Exchange Commission (CySEC), providing traders with a high level of security and peace of mind. The company uses advanced technology to provide traders with fast and reliable execution speeds, competitive pricing, and a range of trading tools and resources.

FP Markets is committed to providing its clients with an exceptional trading experience, which is why it invests heavily in education and support services. The company offers a range of educational resources, including webinars, trading guides, video tutorials, and market analysis, to help traders improve their skills and stay up-to-date with the latest market developments.

FP Markets also provides exceptional customer service, with multilingual support available 24 hours a day, five days a week. The company’s experienced team of professionals is dedicated to helping traders achieve their financial goals and is always on hand to answer any questions or concerns they may have.

FP Markets

Brokers Name

FP Markets

Regulation

ASIC, CySEC, FSCA

Established

2005

Headquarters

Australia

Trading Desk

ECN/DMA

USA Clients

no

24H Support

Yes

Weekend Support

no

Website Language

English, Arabic, Indonesian, Vietnamese, Portuguese, Thai, Malay, Spanish, Italian, Russian, French, Greek

Account Details

Accounts

Standard, Raw Spread

Min. Deposit

$100

Base Currencies

USD, AUD, CAD, CHF, EUR, GBP, HKD, JPY, NZD, SGD

Leverage

1:500

Spreads

1.0 pips

Fixed Spread

Yes

Margin Call / Stop Out

50% / 20%

Trading Platform

MT4, MT5, cTrader, IRESS

Trading Instruments

Commodities, Cryptocurrencies, Stock CFDs, Forex, Indices, Metals, ETFs, Bonds

Pros

  • Well regulated
  • Ultra-tight spreads
  • Good range of trading accounts
  • Great customer support

Cons

  • Expensive withdrawals

Trading Features

Commission

Yes

Mini Accounts

no

Standard Accounts

Yes

VIP Accounts

no

Pro Accounts

no

Islamic Accounts

Yes

Segregated

Yes

Managed Accounts

no

Demo Accounts

Yes

Trading Services

Hedging

Yes

News Trading

Yes

Scalping

Yes

Automated Trading

Yes

Trading Signals

no

Educational Service

Yes

Copy Trading

no

Mobile Trading

no

Trading Markets

Indices

Yes

Forex

Yes

CFDs

Yes

Commodities

Yes

ETFs

Yes

Stocks

Yes

Bonds

Yes

Crypto

Yes

Funding

Deposit

Bank Transfer, e-wallets – Skrill, Netelle,r PayPal, POLi, BPAY, Fasapay, China Union Pay, and crypto wallets

Withdrawal

Bank Transfer, e-wallets – Skrill, Netelle,r PayPal, POLi, BPAY, Fasapay, China Union Pay, and crypto wallets

Contacts

Phone

+44 28 2544 7780

Email

support@fpmarkets.com

Address

Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines

Comments

Leave a Reply

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