FP Markets Review
FP Markets is a reliable broker known for its competitive low spreads and excellent educational resources. Regulated by a tier-1 regulator, FP Markets enjoys the highest level of industry trust and holds a 94 out of 100 trust score.
🛡️Regulated and trusted by ASIC, CySEC, FSCA, FSA, FSC, and, the CMA.
🛡️2760 new traders chose this broker in the last 90 days.
🛡️Available in numerous countries.
| 🔎 Broker | 🥇 FP Markets |
| 📌 Year Founded | 2005 |
| 👤 Amount of Staff | 200+ |
| 👥 Amount of Active Traders | 10,000+ |
| 📍 Publicly Traded | None |
| ⭐ Regulation and Security | Very High |
| 🛡️ Regulation | ASIC, CySEC, FSCA, FSA, FSC, CMA |
| 🌎 Country of Regulation | Australia, Cyprus, South Africa, Kenya |
| 🔖 Account Segregation | ✅Yes |
| 🏷️ Negative balance protection | ✅Yes |
| ↪️ Investor Protection Schemes | ✅Yes |
| 📈 Account Types and Features | Multiple |
| 📉 Accounts Types | Standard, Raw, VIP |
| 📊 Institutional Accounts | ✅Yes |
| 💹 Managed Accounts | ✅Yes |
| 🪙 Minor account currencies | USD, EUR, GBP, AUD, JPY, etc. |
| 💰 Minimum Deposit | 100 AUD or equivalent |
| ⏰ Avg. Deposit Processing Time | Within 1 business day |
| ⏱️ Avg. Withdrawal Processing Time | Within 1-3 business days |
| 💴 Fund Withdrawal Fee | None |
| 💶 Spreads From | 0.0 pips |
| 💵 Commissions | Commission-free on some accounts |
| 💷 Base Currencies | 10+ |
| 💳 Swap Fees | Yes (varies by account type and asset) |
| ⏸️ Leverage | Up to 1:500 |
| ⏯️ Margin Requirements | Varies by asset and leverage level |
| ☪️ Islamic account | ✅Yes |
| 🆓 Demo Account | ✅Yes |
| ⌛ Order Execution Time | Instant to milliseconds |
| ⌨️ VPS Hosting | ✅Yes |
| 📈 CFDs Total | Over 1,000 CFDs across various asset classes |
| 📉 CFD Stock Indices | Major global indices including S&P 500, NASDAQ, FTSE 100, DAX, and more |
| 🍏 CFD Commodities | Includes commodities such as Gold, Silver, Oil, Natural Gas, and more |
| 💹 CFD Shares | A wide range of global stocks from major markets including US, UK, EU, and Asia |
| 🏧 Deposits and Withdrawals | Multiple Trusted Options |
| 💴 Deposit Options | Credit/Debit Cards, Bank Transfers, PayPal, Skrill, Neteller, e-wallets |
| 💶 Withdrawal Options | Bank Transfers, Credit/Debit Cards, PayPal, Skrill, Neteller, e-wallets |
| 🖥️ Trading Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5), IRESS TradingView cTrader |
| 💻 OS Compatibility | Windows, Mac Android, iOS |
| 🖱️ Forex trading tools | ✅Yes |
| 💖 Customer Support | Highly Responsive |
| 🥰 Live chat | 24/7 |
| 💌 Support Email | supportsc@fpmarkets.com |
| ☎️ Support Contact | +44 20 3831 3622 |
| 🐦 Social Media Platforms | Facebook, Twitter, |
| 🗯️ Languages supported | English, Chinese, Arabic, etc. |
| 🎓 Forex course | ✅Yes |
| ✏️ Webinars | ✅Yes |
| 📔 Educational Resources | ✅Yes |
| 🤝 Affiliate program | ✅Yes |
| 🫶 Amount of partners | Over 100,000 affiliates |
| 🫰🏻 IB Program | ✅Yes |
| 🏆 Sponsorships | ✅Yes |
| 💴 Rebate program | ✅Yes |
| 🚩 Accepts all Regions | Excluding USA, Japan and New Zealand |
| 🅰️ Cent Accounts | None |
| 🅱️ Micro Accounts | ✅Yes |
| 😊 Suited to Beginners | ✅Yes |
| 😎 Suited to Professionals | ✅Yes |
| ⚙️ Suited to Active Traders | ✅Yes |
| 📝 Suited to Scalpers | ✅Yes |
| 🌞 Suited to Day Traders | ✅Yes |
| 🚀Open an Account | 👉 Open Account |
FP Markets Review – Analysis of Brokers’ Main Features
Overview
FP Markets is a global broker specializing in Forex and CFD trading, offering a robust platform that caters to a broad range of financial instruments. Traders can access a variety of markets, including Forex, Shares, Indices, Commodities, Cryptocurrencies, and more, all within a single account.
What sets FP Markets apart is its exceptional pricing, rapid execution, advanced trading platforms, and outstanding customer support. With a focus on delivering the best trading experience, the broker provides tight spreads starting at 0.0 pips, leverage up to 500:1, and fast execution through Equinix servers.
Trusted by traders worldwide, FP Markets continues to lead the industry with advanced trading tools like MT4, MT5, cTrader, and TradingView platforms.
Frequently Asked Questions
What trading instruments are offered by FP Markets?
FP Markets provides an extensive selection of trading instruments, including Forex, Share CFDs, Indices, Commodities, Metals, ETFs, Bonds, and Digital Currencies. With access to over 10,000 global products, traders can diversify their portfolios across various asset classes.
What are the benefits of trading with FP Markets?
FP Markets offers a competitive edge with raw pricing starting from 0.0 pips, fast execution via Equinix servers, and no trading restrictions, making it ideal for scalping and using Expert Advisors (EAs). Traders also benefit from tight spreads, institutional-grade liquidity, and 24/7 multilingual customer support.
Is there a minimum deposit to begin trading with FP Markets?
Yes, the minimum deposit required to start trading with FP Markets is just $100, making it accessible for traders with different budget sizes.
Which platforms can I use to trade with FP Markets?
FP Markets supports several trading platforms, including MT4, MT5, cTrader, and TradingView. These platforms offer various tools, including technical indicators, economic calendars, and charting features to assist traders in their decision-making and strategy development.
Our Verdict
FP Markets stands as a leading global Forex and CFD trading broker, providing optimal conditions for traders of all levels. With competitive spreads, fast execution, and an extensive range of financial instruments, it is an excellent choice for those seeking global trading opportunities.
Detailed Summary
| 🔎 Broker | 🥇 FP Markets |
| 📌 Year Founded | 2005 |
| 👤 Amount of Staff | 200+ |
| 👥 Amount of Active Traders | 10,000+ |
| 📍 Publicly Traded | None |
| ⭐ Regulation and Security | Very High |
| 🛡️ Regulation | ASIC, CySEC, FSCA, FSA, FSC, CMA |
| 🌎 Country of Regulation | Australia, Cyprus, South Africa, Kenya |
| 🔖 Account Segregation | ✅Yes |
| 🏷️ Negative balance protection | ✅Yes |
| ↪️ Investor Protection Schemes | ✅Yes |
| 📈 Account Types and Features | Multiple |
| 📉 Accounts Types | Standard, Raw, VIP |
| 📊 Institutional Accounts | ✅Yes |
| 💹 Managed Accounts | ✅Yes |
| 🪙 Minor account currencies | USD, EUR, GBP, AUD, JPY, etc. |
| 💰 Minimum Deposit | 100 AUD or equivalent |
| ⏰ Avg. Deposit Processing Time | Within 1 business day |
| ⏱️ Avg. Withdrawal Processing Time | Within 1-3 business days |
| 💴 Fund Withdrawal Fee | None |
| 💶 Spreads From | 0.0 pips |
| 💵 Commissions | Commission-free on some accounts |
| 💷 Base Currencies | 10+ |
| 💳 Swap Fees | Yes (varies by account type and asset) |
| ⏸️ Leverage | Up to 1:500 |
| ⏯️ Margin Requirements | Varies by asset and leverage level |
| ☪️ Islamic account | ✅Yes |
| 🆓 Demo Account | ✅Yes |
| ⌛ Order Execution Time | Instant to milliseconds |
| ⌨️ VPS Hosting | ✅Yes |
| 📈 CFDs Total | Over 1,000 CFDs across various asset classes |
| 📉 CFD Stock Indices | Major global indices including S&P 500, NASDAQ, FTSE 100, DAX, and more |
| 🍏 CFD Commodities | Includes commodities such as Gold, Silver, Oil, Natural Gas, and more |
| 💹 CFD Shares | A wide range of global stocks from major markets including US, UK, EU, and Asia |
| 🏧 Deposits and Withdrawals | Multiple Trusted Options |
| 💴 Deposit Options | Credit/Debit Cards, Bank Transfers, PayPal, Skrill, Neteller, e-wallets |
| 💶 Withdrawal Options | Bank Transfers, Credit/Debit Cards, PayPal, Skrill, Neteller, e-wallets |
| 🖥️ Trading Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5), IRESS TradingView cTrader |
| 💻 OS Compatibility | Windows, Mac Android, iOS |
| 🖱️ Forex trading tools | ✅Yes |
| 💖 Customer Support | Highly Responsive |
| 🥰 Live chat | 24/7 |
| 💌 Support Email | supportsc@fpmarkets.com |
| ☎️ Support Contact | +44 20 3831 3622 |
| 🐦 Social Media Platforms | Facebook, Twitter, |
| 🗯️ Languages supported | English, Chinese, Arabic, etc. |
| 🎓 Forex course | ✅Yes |
| ✏️ Webinars | ✅Yes |
| 📔 Educational Resources | ✅Yes |
| 🤝 Affiliate program | ✅Yes |
| 🫶 Amount of partners | Over 100,000 affiliates |
| 🫰🏻 IB Program | ✅Yes |
| 🏆 Sponsorships | ✅Yes |
| 💴 Rebate program | ✅Yes |
| 🚩 Accepts all Regions | Excluding USA, Japan and New Zealand |
| 🅰️ Cent Accounts | None |
| 🅱️ Micro Accounts | ✅Yes |
| 😊 Suited to Beginners | ✅Yes |
| 😎 Suited to Professionals | ✅Yes |
| ⚙️ Suited to Active Traders | ✅Yes |
| 📝 Suited to Scalpers | ✅Yes |
| 🌞 Suited to Day Traders | ✅Yes |
| 🚀Open an Account | 👉 Open Account |
Frequently Asked Questions
What products can I trade with FP Markets?
FP Markets offers a wide range of CFD products including Forex, Shares, Indices, Commodities, Cryptocurrencies, Bonds, and ETFs. Traders can access over 10,000 products across the world’s largest exchanges.
How does FP Markets ensure fast trade execution?
FP Markets uses state-of-the-art technology and operates from the Equinix NY4 facility, which provides ultra-low latency trade execution to minimize slippage.
How does FP Markets handle client funds?
FP Markets ensures the safety of client funds by globally segregating them and adhering to regulatory standards, which helps protect your investments.
What kind of customer support does FP Markets offer?
FP Markets provides 24/7 multilingual customer support through various channels, including phone, email, and live chat. Their support team is experienced in Forex and CFD trading to assist with any queries.
Our Verdict
FP Markets is a top global broker offering over 10,000 CFDs across Forex, Shares, Indices, Commodities, and Cryptocurrencies. With spreads from 0.0 pips, deep liquidity, and fast execution, it delivers a high-quality trading experience. Access advanced platforms like MT4, MT5, cTrader, and TradingView, and benefit from 24/7 multilingual support. With over 15 years of experience, FP Markets is a trusted choice for all traders.
Safety and Security
FP Markets places a strong emphasis on the safety and security of its traders. As a globally regulated broker, it adheres to strict industry standards to create a secure trading environment. Clients’ funds are kept in segregated accounts to prevent misuse, and the broker uses advanced encryption technologies to safeguard sensitive data.
With regulatory oversight from multiple leading authorities, FP Markets ensures a transparent, reliable, and secure trading experience. The platform’s commitment to client security includes offering reliable execution, tight spreads, and protection against price manipulation.
Frequently Asked Questions
Is FP Markets a regulated broker?
Yes, FP Markets is a multi-regulated broker that complies with the highest standards of financial oversight. It is regulated by several reputable authorities, providing traders with confidence in the security of their investments.
How does FP Markets protect client funds?
FP Markets protects client funds by holding them in segregated accounts, ensuring that clients’ money is kept separate from the company’s operational funds. This measure helps protect your funds in the unlikely event of the company’s insolvency.
What steps does FP Markets take to secure my data?
FP Markets utilizes advanced encryption technologies to protect personal data and sensitive financial information. This ensures that all communications and transactions are securely transmitted and safeguarded against unauthorized access.
Is there a risk of price manipulation on the FP Markets platform?
FP Markets is dedicated to providing institutional-grade liquidity with no price manipulation. Traders have access to raw pricing, tight spreads, and the ability to execute trades without concerns of interference, ensuring a transparent and fair trading environment.
Our Verdict
FP Markets is deeply committed to the safety and security of its traders. With multiple regulatory licenses, segregated client funds, and robust data protection practices, the broker offers a trustworthy and secure trading environment.
The broker’s focus on transparency, fair pricing, and safeguarding client interests makes FP Markets a dependable choice for traders seeking security and peace of mind in the financial markets.
Advantages Over Competitors
FP Markets offers numerous advantages to traders, including strong regulation by leading authorities such as ASIC (Australian Securities and Investments Commission), CySEC (Cyprus Securities and Exchange Commission), FSCA (Financial Sector Conduct Authority), and the Seychelles FSA (Financial Services Authority). This multi-regulatory framework ensures that the broker maintains high standards of security, compliance, and transparency.
The broker has built a solid reputation for exceptional client service, having received over 40 industry awards. Traders benefit from tight spreads starting at 0.0 pips, making FP Markets one of the most competitive brokers in the market. With a range of platforms such as MT4, MT5, cTrader, and TradingView, FP Markets caters to a variety of trader preferences, offering flexibility for trading and analysis.
With a low minimum deposit requirement of just $100, FP Markets is accessible to traders of all skill levels.
Frequently Asked Questions
Which regulatory bodies oversee FP Markets?
FP Markets is regulated by top-tier authorities, including the Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (FSCA), and the Seychelles Financial Services Authority (Seychelles FSA). This ensures the broker adheres to stringent security and compliance standards.
What is the minimum deposit required to trade with FP Markets?
The minimum deposit to start trading with FP Markets is just $100, making it an affordable option for traders of varying budgets and experience levels.
Does FP Markets support scalping, hedging, and the use of Expert Advisors (EAs)?
Yes, FP Markets allows scalping, hedging, and the use of Expert Advisors (EAs). This flexibility enables traders to implement a wide range of strategies to suit their individual needs.
How does FP Markets ensure the security of client funds?
FP Markets safeguards client funds by holding them in segregated accounts, ensuring that traders’ funds are separate from the broker’s operational funds. This provides an additional layer of security in the event of any financial issues with the broker.
Our Verdict
FP Markets offers a well-regulated and secure trading environment, backed by oversight from top-tier authorities such as ASIC, CySEC, and FSCA. With a reputation for outstanding client service, over 40 industry awards, and competitive features like 0.0 pips spreads, it’s a reliable choice for both beginner and experienced traders.
The platform’s flexibility in supporting various trading strategies, along with its accessibility via a low minimum deposit and advanced platforms like MT4, MT5, cTrader, and TradingView, ensures it meets the diverse needs of traders.
Cashback Rebates, Partnerships, and, Affiliate Options
FP Markets offers a highly lucrative partnership program for Forex brokers, affiliates, money managers, and introducing brokers (IBs). Designed to maximize earning potential, the program provides partners with flexible, multi-tiered deals and transparent reporting.
It accommodates different levels of experience and diverse marketing strategies, offering attractive commission structures with no limits on referred accounts or trading volumes.
Partners can benefit from advanced real-time tracking technology, 24/5 dedicated conversion specialists, and mobile-optimized marketing tools to drive conversions. The program includes various partnership types, including IB and affiliate programs, as well as customized solutions for money managers and white label partnerships.
Quick and easy payments, along with state-of-the-art portals, ensure seamless and efficient management for all partners.
| 🔎 Partnership Program | ⭐ Become a Partner | 🗂️ Description | 📝 Key Features |
| 🫰🏻 Introducing Brokers | 👉 Open Account | Partner to offer clients robust trading systems and excellent conditions across global CFDs on forex, commodities, equities, and more. |
Competitive volume based rebates Low entry barriers Suitable for all experience levels |
| 🫶 Affiliates | 👉 Open Account | Direct traders to FP Markets’ platform via your website, earning revenue share and flat commission fees when clients open and use accounts. |
Attractive revenue share Flat commission fee Suited for bloggers, digital marketers, media buyers, and more |
| 💛 Money Managers | 👉 Open Account | Use ECN pricing with flexible MAM/PAMM allocations and customizable trading solutions. |
Raw Pricing with deep liquidity Flexible fee markups Managed back-office logistics |
| 🤝 White Label Partnership | 👉 Open Account | Access top-tier technology and liquidity as a broker or start-up company with FP Markets’ white label solution. |
High-quality technology Liquidity for established brokers and startups |
| 💡 Regional Partnership | 👉 Open Account | Partner to offer tight spreads and superior technology solutions globally, combining FP Markets’ reputation with local expertise. |
Tight spreads Superior technology Ideal for establishing regional presence |
Frequently Asked Questions
What are the benefits of joining the FP Markets Affiliate Program?
The FP Markets Affiliate Program offers high conversion rates, a flat commission fee for new active traders, and access to mobile-friendly, multilingual marketing tools. Affiliates also enjoy real-time tracking, detailed reporting, and support from dedicated conversion specialists to help maximize revenue.
How does the multi-tiered commission structure work?
FP Markets offers flexible, multi-tiered commission structures, enabling partners to earn based on the trading volume and the level of clients they refer. Custom deals and payment structures are available to ensure that partners can optimize their earnings according to their performance and client base.
What support and tools are available for partners?
FP Markets provides partners with a range of advanced tools, including state-of-the-art IB and affiliate portals, high-converting banners and landing pages, and cutting-edge analytics. Additionally, partners benefit from 24/5 support and multilingual marketing materials to assist in driving conversions across diverse markets.
Are there any limits on the number of referred clients or trading volumes?
No, FP Markets imposes no limits on the number of referred clients or trading volumes. Partners can refer as many clients as they wish and earn commissions based on the entire trading activity of those clients, offering unlimited earning potential.
Our Verdict
FP Markets’ partnership program stands out as one of the most comprehensive and rewarding opportunities for Forex brokers, affiliates, and money managers.
With a variety of partnership options, flexible commission structures, and a commitment to providing high-converting marketing tools and real-time tracking, FP Markets offers substantial earning potential for all partners.
Minimum Deposit and Account Types
FP Markets offers two primary types of trading accounts: the Standard Account and the Raw Account. Both accounts require a low minimum deposit of just AUD 100 (or equivalent), making them accessible for traders at all levels. Both account types provide access to over 70 instruments, including Forex, commodities, indices, and metals, with a maximum leverage of 500:1.
The Standard Account is ideal for traders who prefer no commission fees, with spreads starting from 1.0 pips. In contrast, the Raw Account offers tighter spreads starting from 0.0 pips but includes a $3 commission per lot on each trade. Both accounts offer ECN pricing and provide access to platforms such as MT4 and MT5, mobile apps, and VPS services to enhance trading performance.
Islamic Account
FP Markets offers Islamic Forex Accounts, also known as swap-free accounts, designed to comply with Sharia law. These accounts are perfect for Muslim traders who cannot pay or receive interest (swaps) on overnight positions, a fundamental principle of Islamic finance. Instead of swaps, traders with Islamic accounts incur a small administration fee on their positions.
Islamic accounts are available for both the Raw and Standard account types on the MT4 and MT5 platforms. These accounts offer the same trading conditions as regular accounts, including access to over 70 instruments, ECN pricing, and leverage up to 500:1, but without any interest charges on overnight positions.
Traders can apply for an Islamic account by opening a MetaTrader 4 (MT4) or MetaTrader 5 (MT5) account and submitting a request to FP Markets’ onboarding team. FP Markets ensures that these accounts align with halal trading principles, offering an ethical trading experience.
Frequently Asked Questions
What is the minimum deposit required to open an account at FP Markets?
To open both the Standard and Raw accounts at FP Markets, the minimum deposit required is AUD 100 (or equivalent), making it accessible for traders of all experience levels.
What are the key differences between the Standard Account and the Raw Account?
The Standard Account has no commissions and spreads starting from 1.0 pips, making it ideal for traders who prefer simplicity. The Raw Account, on the other hand, offers tighter spreads starting from 0.0 pips but charges a $3 commission per lot per trade, making it better suited for those who prioritize lower spreads.
What types of instruments can I trade with FP Markets accounts?
Both the Standard and Raw accounts provide access to over 70 instruments, including Forex pairs, commodities, indices, and metals, as well as leverage up to 500:1.
Can I trade with an Islamic account at FP Markets?
Yes, FP Markets offers Islamic Forex Accounts that provide swap-free trading in compliance with Sharia law. These accounts are available for both Raw and Standard account types and offer the same features as regular accounts, except without interest charges on overnight positions.
Our Verdict
FP Markets offers great flexibility with its Standard and Raw Accounts, both requiring an affordable minimum deposit of AUD 100. Traders can choose based on their preferences—whether they want no commissions and 1.0 pips spreads or tighter spreads with commissions. The option for an Islamic Account further enhances FP Markets’ accessibility for a wider range of traders.
With ECN pricing, high leverage, and access to MT4/MT5 platforms, FP Markets provides competitive and well-rounded account options suitable for both novice and experienced traders.
How to open an FP Markets Account
1. Step 1: Start the Registration Process
To open an account the applicant can click on the black “Open Live” button located at the top right corner of the FP Markets webpage.
2. Step 2: Choose Registration Option
The applicant can choose to register through three easy methods, Google, Facebook, and email.
3. Step 3: Complete Application
The applicant will be required to complete information in the following fields, Personal details, Account Configuration, and more.
Trading Platforms
FP Markets offers a broad selection of advanced trading platforms, providing traders with seamless access to global financial markets. The available platforms include MetaTrader 4 (MT4), MetaTrader 5 (MT5), Iress, WebTrader, cTrader, TradingView, and a Mobile App, all designed for high performance and advanced functionality.
These platforms ensure ultra-fast execution, enhanced security, and comprehensive market insights, offering a smooth and efficient trading experience. They are equipped with essential tools like Expert Advisors (EAs), VPS hosting, and market analysis features.
With low spreads, competitive commissions, and a guarantee of no price manipulation, FP Markets provides a transparent and reliable trading environment for traders at all levels.
Frequently Asked Questions
What trading platforms do FP Markets offer?
FP Markets offers a wide range of platforms, including MT4, MT5, Iress, WebTrader, cTrader, TradingView, and a Mobile App for easy and convenient trading access.
Can I use Expert Advisors (EAs) with FP Markets?
Yes, all FP Markets platforms support Expert Advisors (EAs), enabling automated trading strategies.
Does FP Markets provide VPS hosting?
Yes, FP Markets offers VPS hosting to ensure uninterrupted trading with minimal latency.
Are the spreads competitive at FP Markets?
Yes, FP Markets offers tight spreads starting from 0.0 pips, ensuring cost-effective trading.
Our Verdict
FP Markets stands out with its extensive range of high-performance platforms, catering to both novice and experienced traders. With powerful tools, low spreads, and robust security features, FP Markets provides a well-rounded and reliable trading environment for those seeking flexibility and efficiency in the financial markets.
Fees, Spreads, and Commissions
FP Markets offers competitive spreads and commission structures across its account types. For the Standard Account, traders enjoy tight spreads starting from 1.0 pips, with no commissions on trades. The Raw Account offers even tighter spreads starting from 0.0 pips, but includes a commission of USD 3 per lot on each side of the trade. Both account types feature ECN pricing and a maximum leverage of 500:1.
These low spreads and commissions, paired with FP Markets’ fast execution speeds and liquidity from top financial institutions, create a cost-efficient trading environment. The Raw Account is well-suited for high-volume traders, while the Standard Account offers simplicity with no additional trading costs.
Frequently Asked Questions
What are the spreads like on the Standard Account?
The Standard Account offers spreads starting from 1.0 pips, making it competitive for traders who prefer no commission charges.
How much commission is charged on the Raw Account?
The Raw Account charges a commission of USD 3 per lot on both sides of the trade in exchange for tighter spreads starting from 0.0 pips.
Does FP Markets offer ECN pricing?
Yes, both the Standard and Raw accounts feature ECN pricing, providing direct market access and institutional-grade liquidity.
What is the maximum leverage available for both account types?
Both the Standard and Raw accounts offer leverage of up to 500:1, allowing traders to amplify their market exposure with a smaller investment.
Our Verdict
FP Markets offers highly competitive spreads and commission structures tailored to various trader needs. The Standard Account is ideal for those who prefer simplicity with no commission charges and spreads starting at 1.0 pips.
Conversely, the Raw Account is designed for more experienced traders who prefer tighter spreads from 0.0 pips, at the cost of a commission of USD 3 per lot. Both accounts feature ECN pricing and high leverage, making FP Markets a flexible and cost-effective choice for traders of all types.
Deposit and Withdrawal
Account Funding
Depositing funds into your FP Markets trading account is straightforward and quick. FP Markets supports a range of payment methods, including credit and debit cards, bank transfers, and cryptocurrency options.
Credit and Debit Card
- Accepted Currencies: AUD, CAD, CHF, EUR, GBP, HKD, etc.
- Deposit Time: Instant for MT4/5; 1 business day for Iress
- Deposit Fees: No fees from FP Markets. Your card provider may charge fees.
Bank Transfer
- Accepted Currencies: EUR, USD
- Deposit Time: 1 business day from receipt of funds
- Deposit Fees: No fees from FP Markets; international fees up to $50 are covered for deposits over USD 10,000.
Cryptocurrency Payments
- Accepted Currencies: BTC, BCH, LTC, ETH (ERC20), USDT (ERC20), etc.
- Deposit Time: Up to 1 hour
- Deposit Fees: Blockchain fees applicable
Cryptocurrency Solution (LetKnowPay):
- Accepted Currencies: ADA, BCH, BTC, DASH, ETH, etc.
- Deposit Time: Up to 1 hour
- Deposit Fees: Blockchain fees applicable
Local Currencies
- Accepted Currencies: BRL (Brazilian Real)
- Deposit Time: Instant funding
- Deposit Fees: No fees
Bank Fees and Costs
- FP Markets covers deposit fees and internal bank fees for international transfers up to USD 50 for deposits over USD 10,000.
- Withdrawal fees are not charged by FP Markets, but intermediary banks may apply fees.
Third-Party Payments
- Payments from third parties are not accepted. Funds must come from the account holder’s accounts.
Segregated Funds
- Client funds are held in segregated accounts with AA-rated Australian banks, separate from the company’s funds.
For deposits, log in to the secure Client Area, select “Funding,” choose “Deposit,” and follow the prompts. The minimum deposit is 100 AUD or equivalent for both Standard and Raw accounts. International transfers may take up to five business days. Contact FP Markets via live chat or email if you encounter any issues.
Withdraw Funds
FP Markets makes withdrawing funds from your trading account straightforward and efficient via their Secure Client Portal. You can use various methods including credit/debit cards, bank wire transfers, and cryptocurrencies.
- Withdrawal Process: Log into the Secure Client Portal to initiate a withdrawal. Funds must be withdrawn using the same method as the initial deposit. If multiple methods were used, start by withdrawing amounts back to the same credit/debit card before using other methods for remaining withdrawals.
- Fees: FP Markets does not charge additional internal fees for withdrawals. However, intermediary bank fees may apply for international transactions, which are the client’s responsibility.
If you encounter issues with withdrawals due to bank or country restrictions, contact FP Markets via live chat or email for support.
Frequently Asked Questions
What payment methods are available for depositing funds into my FP Markets account?
You can deposit funds using credit or debit cards, bank transfers, and various cryptocurrencies.
Can I make a deposit using a third-party account?
No, FP Markets only accepts deposits from accounts in the same name as the trading account holder. Deposits from joint accounts or third parties are not accepted.
Are there any fees associated with withdrawals?
FP Markets does not charge internal fees for withdrawals. However, your card provider may impose fees, and blockchain fees apply for cryptocurrency withdrawals. Intermediary bank fees may also apply for international bank transfers.
Can I withdraw funds to a different method than the one used for depositing?
Generally, withdrawals must be made using the same method as the initial deposit. If you used multiple methods, start with withdrawing to the same credit/debit card. Once card deposits are processed, you can use other methods for remaining withdrawals.
Our Verdict
FP Markets offers a variety of fast and convenient funding options, including credit/debit cards, bank transfers, and cryptocurrencies. Deposits are processed quickly, with most methods providing instant or near-instant access to funds.
Education and Research
FP Markets provides a range of educational resources through its Academy, including video courses, live webinars, expert podcasts, and more. Traders can access real-time learning, platform tutorials, and free ebooks that cover both fundamental and advanced trading concepts.
A glossary is available to explain key terms, and trading guides offer practical strategies to help traders enhance their skills and stay informed about market trends.
Frequently Asked Questions
What educational resources does FP Markets offer?
FP Markets offers video courses, live webinars, podcasts, ebooks, platform tutorials, and trading guides to assist traders in improving their skills.
Are the educational materials available in different languages?
Yes, FP Markets provides live webinars in multiple languages to serve its global clientele.
Can I access educational content for free?
Yes, all educational resources, including courses, ebooks, and webinars, are available free of charge to FP Markets clients.
What types of trading strategies are covered in the FP Markets Academy?
The FP Markets Academy covers both basic and advanced trading strategies, focusing on various aspects of forex trading.
Our Verdict
The FP Markets Academy provides a comprehensive suite of educational resources designed to enhance trading skills for traders at all levels. Through trading courses, live webinars, and podcasts, you can gain valuable insights and stay informed about the latest strategies and market trends.
Customer Reviews
🥇 Fantastic!
I’ve been trading with FP Markets for over a year now, and their platforms have been fantastic. The MT4 and MT5 platforms are intuitive and powerful, and the educational resources have been incredibly helpful. I particularly appreciate the live webinars and the in-depth tutorials, which have significantly improved my trading skills.
Customer support is responsive and knowledgeable. Highly recommend FP Markets for anyone serious about trading! – James
🥈 Solid Choice.
FP Markets has been a reliable broker for me. The account setup was straightforward, and I was impressed with the variety of funding options available. Their trading tools are top-notch, and I find the platform tutorials very useful for navigating the software.
The only downside I’ve experienced is occasional delays with international bank transfers, but overall, the service has been solid. – Liam
🥉 Best For Beginners.
As a new trader, I found FP Markets’ educational resources to be invaluable. The trading courses and ebooks are easy to understand and cover a wide range of topics. The live webinars are interactive and provide real-time insights, which have been great for my learning process.
Plus, the mobile app allows me to trade on the go with ease. FP Markets has helped me become more confident in my trading decisions. – Emma
Pros and Cons
| ✅ Pros | ❌ Cons |
| FP Markets is regulated in several regions | There are limited instruments offered |
| MetaTrader, cTrader, and IRESS are available | research tools are not extensive |
| Tight Spreads | Withdrawal fees apply |
| There are low forex fees | No sign-up or no-deposit bonus |
Conclusion
FP Markets offers a comprehensive trading experience with a broad selection of platforms, including MT4, MT5, Iress, WebTrader, and a mobile app, catering to various trading preferences. Their educational resources are extensive, featuring courses, webinars, podcasts, and ebooks to support traders at all levels.
The firm provides multiple funding options, including credit/debit cards, bank transfers, and cryptocurrencies, with quick deposit times and competitive fees.
You might also like:
Frequently Asked Questions
What trading platforms does FP Markets support?
FP Markets offers trading on multiple platforms including MT4, MT5, cTrader, and TradingView.
Can I trade on the go with FP Markets?
Yes, FP Markets provides mobile and web-based trading options for flexibility and convenience.
What sets FP Markets apart from other brokers?
FP Markets is distinguished by its 0.0 pip spreads, raw pricing with no price manipulation, rapid trade execution from the Equinix NY4 facility, and zero restrictions, making it ideal for scalping and using expert advisors.
Is there any restriction on trading strategies?
No, FP Markets offers zero restrictions, allowing for various trading strategies including scalping and using expert advisors (EAs).
How fast is the trade execution at FP Markets?
FP Markets provides award-winning low-latency trade execution, facilitated by its Equinix NY4 server cluster.
How can I get started with FP Markets?
To get started, visit the FP Markets website, choose a trading account that suits your needs, and follow the registration process to start trading.
How does the Regional Partnership program benefit partners?
The Regional Partnership program helps establish a regional presence by combining FP Markets’ tight spreads and superior technology with local expertise and networks. This partnership aims to expand FP Markets’ footprint in new global markets.
What support do partners receive from FP Markets?
FP Markets offers 24/5 dedicated support, advanced real-time tracking, and multilingual marketing tools. Partners benefit from state-of-the-art IB and affiliate portals, fast payments, and generous commission structures.
How do I get started with an FP Markets partnership?
To get started, visit the FP Markets website and choose the partnership program that best suits your needs. Follow the application process to become a partner and start benefiting from the program’s features and rewards.
Are there any restrictions on the number of accounts or trading volumes I can refer to?
No, FP Markets does not impose limits on the number of referred accounts or trading volumes. Partners can maximize their earning potential with high conversion rates and unlimited referrals.
What types of accounts does FP Markets offer?
FP Markets provides four account types: Standard, Raw, Islamic Swap-Free, and Risk-Free Demo. Each account type has its features tailored to different trading needs.
How can I open an Islamic account?
To open an Islamic account, start by setting up a MetaTrader account, then email FP Markets to request conversion to an Islamic account. Await confirmation from the onboarding team.
Is a demo account available?
Yes, FP Markets offers a free demo account for beginners to practice trading. The demo account is virtually funded and expires after 30 days.
Can I trade with Expert Advisors (EAs) on all account types?
Yes, Expert Advisors (EAs) are supported on Standard, Raw, and Islamic accounts.
