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FP Markets

3.5 40 Reviews

3.5

FP Markets Review Summary

FP Markets, controlled by ASIC and CySEC, is an Australian global provider of CFD and Forex, founded in 2005. The company's vision was to create a one-stop destination where traders would have access to a full suite of trading products. The ease of being able to trade CFDs through equities, Forex, indices, commodities, futures and cryptocurrencies from one account is one of the key reasons that traders select FP Markets. Their combo of fees, execution speed, channels, product range, client care and market analysis are main ingredients that provide confidence for users that they need to trust and trade with FP Markets. The company's excellent 24/5 multilingual service has led it to have the most satisfied customers 5 years running and to win the highest total customer satisfaction award from the Investment Trends 2016 Australia CFD Survey. FP Markets has both top-notch tech and low-cost ECN pricing. There is a vast offering of products to create an environment for traders of all levels. It offers some of the most advanced platforms for all levels of traders, including MetaTrader 4 and MetaTrader 5, which can be accessed via WebTrader and mobile apps, as well as Iress, and iOS and Android devices - all of which can be accessed via WebTrader. FP Markets ensures that it provides all its traders with customer-centric experience; with assistance during their trading journey, whether by preparation or continuous expert support. FP Markets offers five of the most traded cryptocurrencies: Bitcoin, Ethereum, Ripple, Bitcoin Cash and Litecoin.

FP Markets Review Highlights

Trading Platform: MT4, MT5, WebTrader, Iress

Cryptocurrencies Bitcoin , Ethereum, Ripple, Bitcoin Cash and Litecoin.

Regulator ASIC, CySEC

Minimum Initial Deposit 100 $

Leverage 1:500

Pros & Cons

Pros

Small forex charges
Simple and fast account opening
Fast deposit and withdrawals

Cons

Strong Stock CFD fee
Small range of goods
Online and mobile interface outdate

What are the FP Markets?

FP Markets has been a professional trading broker since being founded in 2005. They serve more than 12,000 clients across the globe. Moreover, FP Markets connects traders and markets via electronic bridges and better DMA models for pricing.

One of the main strengths we have seen in the analysis of FP Markets is the advanced ECN technology that provides direct access to liquidity providers without interference by traders through Equinix NY4 Data Centers and delivers orders at the best possible price within the offering for the particular asset.

It technology is currently the leading solution that delivers extremely fast execution speeds and the most desirable quotes with spreads of 0.0 pips, enabling you to benefit from it.

FP Markets Review describes a brokerage company that is one of the most established CFD and FX trading companies at the moment, earning recognition from prestigious organizations. In addition, FP Markets provides direct access to markets through sophisticated tech, which also offers a wide range of trading instruments with genuinely competitive pricing. All in all, the winning formula for traders of varying sizes and skills gives the trust to choose FP Market as a credible brokerage and, of course, their stability under ASIC Regulations.

FP Markets Registration

Founded: 2005

Broker Type: ECN, STP

Languages Supported: EN, ES, IT, PT, DE, FR, RU, AR, VI, ZH, MS, IN, LV, EL, Philippino

Trading Instruments: Forex, Indices, Commodities, Metals, Bitcoin, Cryp

Account Types: Two account types with STP and ECN

Expert Advisors: Yes

Social Trading: Yes

Hedging: Yes

Scalping: No

Commission: N/A

Inactivity Fee: None

Swap-Free Account: Yes

Mobile Apps: Yes

Demo Account: Yes

Prohibited Countries: N/A

Trading Fees: Yes, variable

Withdrawal Fees: Yes, minimal

EuropeFX Review Tradeo Review FX Glory Review

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40 Reviews for FP Markets

Peer says:

March 19, 2021 at 4:05 pm

As a former market maker on the floor of the CBOE I definitely find the TWS platform that IBKR offers to be an unbelievable trading platform. From the advanced trading tools and scanners to the proprietary smart router.
I definitely feel well equipped to trade in the ever changing fast pace landscape where time matters.
Also I find the margin rates at the firm to be the best in the industry.

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Yaz says:

March 10, 2021 at 8:46 pm

Perfect for the investor who want to be at the helm of his own ship of Fortune! Lots and lots of information, technical analysis, etc available. Trading fees are extremely low and reasonable.

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Aryeh says:

November 4, 2020 at 7:20 pm

I love to trade with FPmarkets, however, think there is one fundamental and inconvenience mechanism in the programme, the fact that you cannot set that take profits at any level that you wish. No other broker which I know of restricting the take profit amount.

For example, if I wish to set a higher take profits I’ll need to adjust manually on the constant basis.

Besides that, I find the program the company and the service excellent

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Mike Degen says:

November 4, 2020 at 6:17 pm

I opened a ticket on Sunday but I haven’t received any response yet…

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Najashi Salisu says:

October 30, 2020 at 1:47 pm

Good support system.

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RUther King says:

October 29, 2020 at 8:56 pm

very long wait, and okay service

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Nick Phillips says:

October 28, 2020 at 7:46 pm

Good customer service

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Bonga Sizy says:

October 27, 2020 at 6:07 pm

So far good broker

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Van der Vlies says:

October 14, 2020 at 9:00 pm

I like the cash withdrawal is faster then other brokers… spread is also reasonable…. I am feeling much secure as compare to other brokers….

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Benji says:

October 8, 2020 at 4:09 pm

It’s quite unbelievable that FP Markets actually replies to all the poor reviews here and don’t reply to tagged threads on their own website.

The website is set up to take advantage of begginer traders, it really is more of a gambling site unless you buy stocks long term. Anything else is a total rip off, daily & weekend fees etc..

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