FP Markets Broker

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FP Markets Broker

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FP MARKETS - GET PURE ADVANTAGE!

With FP Markets Broker in the house, you have got the tendency to roll with more than 13 thousand trading tools. For investors, it's a safe environment to invest and get their desired results without any obstacles coming their way.

Let's Introduce

FP MARKETS REVIEW - KNOW THE HISTORY


FP Markets Broker is one of the oldest and the most prestigious Forex and CFDs providers that you ever come across. Founded in 2005 and now they are considered the first option for investing your money in the trading platform.

They are regulated by the strictest regulations in the world known as “ASIC,” and the headquarter is in Australia. In May 2020, they celebrated their anniversary and launched the new trading design that is loved by millions of people around the globe.

With FP Markets Broker in the house, you have got the tendency to roll with more than 13 thousand trading tools such as; Forex, Crypto, Commodities, Metals, and CFDs.

 “Additionally, they are providing a safe environment for the investors to

              invest and get their desired results without any obstacle coming their way


Now, that’s enough of the introduction, and it’s time to unleash the covers from the details like “Regulation, Account types and Trading Platform.”

Let’s rock and roll!

FP MARKETS BROKER REGULATION


FP Markets Broker is regulated by the strictest regulations in the world, and there are no chances of “Scams and Frauds” with your money. Yes, we are talking about the “Australian Securities and Investment Commission” which is specially laid out by the FP Markets in order to ensure “Investors Protection.”

So, you can go for FP Markets without thinking twice if your only concern is “Security.”

ACCOUNT TYPES OF FP MARKETS BROKER


There are two types of accounts that FP Markets Broker is dealing with:

  • Standard Account
  • Raw Account

They are different from a lot of other trading platforms in the “Forex World.” Don’t believe us? Let’s figure it out!


STANDARD ACCOUNT


We will be breaking down each and everything in a table to make things easier for you:


Minimum Opening Balance


$100


Spread


1.0 pips


Instruments


50+ Instruments including Forex, Crypto, and CFDs


Maximum Leverage


500:1


Execution


ECN-Pricing


Per Lot Commission


Zero


Minimum Trading Size


0.01 Lots


Mobile Applications


Yes


VPS Available


Yes

RAW ACCOUNT


This account is for the professionals, and everything is listed down below:


Minimum Opening Balance


$100


Spread


0.0 pips


Instruments


50+ Instruments including Forex, Crypto, and CFDs


Maximum Leverage


500:1


Execution


ECN-Pricing


Per Lot Commission


3.5 Per 100,000 Lot


Minimum Trading Size


0.01 Lots


Mobile Applications


Yes


VPS Available


Yes

You can also try the demo accounts for both account types before you get started with everything. Before we head towards the trading platform, let’s break down the pros and cons of “Account Types.”

PROS AND CONS OF ACCOUNT TYPES


Before you head towards and open your trading account, look at the “Pros and Cons” of the FP Markets Broker Account Types:


Pros


Cons


Account opening is Super Fast


Account Types are limited as compared to other trading platforms


Everything is Digital. You don’t have to deal with the Physically submission of the forms.

 


The minimum deposit fee is $100

 

TRADING PLATFORMS OF FP MARKETS BROKER


Just like other trading platforms, FP Markets offer you the advanced and the charting trading platforms to deal with your Forex trading.

Following are the trading platforms that FP Markets Broker is dealing with:

  • MetaTrader 4
  • MetaTrader 5
  • Webtrader
  • IRESS
  • cTrader


PROS AND CONS OF TRADING PLATFORM


Pros


Cons


You’ll be notified with every single move of yours within your trading account


None


You can customize your tools without any problem

 


Advanced and Immense Number of trading tools can help you grow in the Forex field.

 

Now, it’s time to discuss some technical things related to the FP Markets Broker, and you’ve to be very attentive if you’re serious about investing in this platform.

Let’s get started again!


THE SPREAD OF FP MARKETS BROKER


As we all know, the spread of all the accounts is different, and you’ve to look for the “spread” specifically before you choose your account.

There are two types of accounts that FP Markets is dealing with, and they both have different spread:

  • Standard Account (Spread Starts from 1.0 Pips)
  • Raw Account (Spread Starts from 0.0 Pips)

So, the choice is yours, and you can go for the one that suits you the best.

EXECUTION TIME OF FP MARKETS BROKER


FP Markets is known for its “Instant Execution,” and if you love to go for “Instant Execution” places, then FP Markets can be your best companion.

To help you with smooth trading, the following are the advantages you’re going to get with Instant Execution of the FP Market Broker:

  • Ultra-Low Latency Execution
  • Tight Spread
  • Best Prices Availability
  • Minimum Slippage

So, what are you waiting for? Head towards the opening of the account right now and get started!


FP MARKETS COMMISSION/FEE


The good thing about FP Markets Broker is that “It is a low non-trading” platform.

FP Market doesn’t charge you anything as a Commission or any type of account fee, but if you're an IRESS user, then you’ll have to pay a $55 monthly commission.

But again, the IRESS fee is conditional too; if you’re earning more than $150 a month, you’ll then be charged the amount. Otherwise, you will enjoy the IRESS account without any Commission/Fee.

Let’s talk about the pros and cons of Commission/Fee of FP Markets Broker:

PROS AND CONS OF COMMISSION/FEE


Pros


Cons


Low Non-Trading Fee


None


Withdrawal Fee= 0

 


Inactivity Fee= 0

 


LEVERAGE OF FP MARKETS BROKER


Every account has its own Leverage/Margins, and we have already discussed them in the “Account Section” of the article.

But let’s talk about it again.

There are two types of accounts that FP Markets Broker is dealing with:

  • Standard Account (Leverage 500:1)
  • Raw Account (Leverage 500:1)

They both have the same leverages, and you can go for the one that is a perfect fit for you. You can count on more information by reading the detailed “Account Types” detail written above.

CUSTOMER SERVICE OF FP MARKETS

FPMarkets-CustomerService-DailyForexTrading.Net


Customer Service is the best feature that FP Markets is providing to you because they are super-fast, and they are available 24/5 in order to help their audience.

You can contact them through different contacting gateways such as;

  • Live Chat
  • Email
  • Phone Call

PROS AND CONS OF CUSTOMER SERVICE


Pros


Cons


Live Chat


No 24/7 Support


Prompt Responses

 


Customer Service Members are educated

 

Now, it’s time to open up the account and say hello to the “Forex World.”

main features

  • Established: 2005
  • ECN Type Broker
  • Maximum Leverage: 500:1

extra features

  • Copy trading
  • 24/7 Trading
  • Trust Lebel 96 out of 98
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  • Overall Rating

    • 5.00/5

Milan Šebesta

Overall Rating

Easy to use broker

I've been using FP Markets for quite some time, and the system handles goods and executions admirably.

HOW TO OPEN AN ACCOUNT ON FP MARKETS BROKER


To open the account on the FP Markets Broker Platform, you need to follow the instructions given below:

  • The first step is to head toward the website by Clicking Here

    FPMarkets-OpeningAccount1-DailyForexTrading.Net

     and you’ll end up finding yourself at the homepage of the FP Markets Broker:

    FPMarkets-OpeningAccount1-DailyForexTrading.Net
  • Now scroll down, and you’ll witness a button “Open an Account Now” and then click on it:

    FPMarkets-OpeningAccount2-DailyForexTrading.Net
  • Once you click on it, you’ll end up opening a form where you’ve to enter the valid information regarding yourself:

    FPMarkets-OpeningAccount3-DailyForexTrading.Net
  • Once you enter all the information, you’re all set to start the trading

That’s how easy it is to open an account on FP Markets Broker.

 

HOW TO WITHDRAW MONEY FROM FP MARKETS BROKER


The process of withdrawing the money is super easy, here’s how you can do it.

  • Login to your account and then head towards the withdrawal page by Clicking Here
  • Now enter the information that they asked you to enter like shown in the screenshot below:
  • Once entered all the information, click on the Send button and you’re done

Now, as we are done with opening the account and withdrawing the money, let’s discuss what customers have to say about this platform.

CUSTOMERS' REVIEWS AND COMPARISONS WITH IC MARKETS


So, before we head towards the comparison, we have selected the top 3 critical reviews from the customer (Without being biased) in order to help you understand “If the platform is worth it or not.”

Let’s give that review a quick look:

  • Nathan Ray: The customer service is great. They are very helpful, knowledgeable, and professionals. I have been running the demo account and planning to open the trading account by looking at the great behavior of the team. Thumbs up!

  • Blendon Gear: The team is organized, a very professional atmosphere, and customer service is always ready to help. This place is second to none, and you can actually rely on them with your money. The withdrawal and depositing of the money are super easy.

  • Tomi Anderson: FP Markets Broker is such a great marketplace for the “Forex Investors.” I have searched and worked with a lot of Forex Brokers, but guess what? They are the best!

You’ll hardly find any negative reviews about FP Markets Brokers because they are so professional. If you want to look at more customer reviews, you can simply head towards “Trust Pilot.”

Now, it’s time to discuss the comparison of “FP Markets Broker” with IC Markets.

Let’s rock and roll!

So, that’s all from the comparison of FP Markets with IC Markets. It’s time to talk about the advantages and disadvantages of “FP Markets” in order to help you know more about this platform.

Let’s talk about it.

ADVANTAGES AND DISADVANTAGES OF FP MARKETS BROKER


Following are the advantages and disadvantages of FP Markets Broker:

FP MARKETS ADVANTAGES:

  1. There’s almost no Forex fee for all the account types

  2. Opening the account and Withdrawing the money is super easy and fast

  3. You won’t face any problems when depositing the money

  4. The website design is second to none (They have updated it recently)

FP MARKETS DISADVANTAGES:

  1. They charge you a high fee for the IRESS Account

  2. They have a limited amount of product portfolio

So, these are the advantages and disadvantages of “FP Markets Broker” and let’s now talk about the contests, Promotions, and Broker Bonuses.

PROMOTIONS, BROKER BONUSES, AND CONTESTS


Let’s talk about the bonuses first:

As we all know, “FP Markets” are regulated by the ASIC, and they are fully regulated. Therefore, there’s no room for the account opening bonuses and on their trading account. But, you can still head towards their Bonuses Page to confirm if they are offering any.

Now, it’s time to talk about the promotions: There’s bad news for the ones who are looking for grabbing the opportunity of Bonuses and Promotions. Yes, they don’t offer any bonuses and promotions because it goes against the rules of their regulatory restrictions.

Let’s now talk about the contest: There was a contest going on in 2019 in which the one that scores the highest number will win the contest. But, they don’t have to offer any contests right now for the “Users,” and after the new website update, there’s no contests page on their website. This might be the indication that they have finished the “Contests” section from their platform.

But, you can subscribe to their daily newsletter in order to keep your eye on every news coming their way.