FP Markets Review
Key Facts
Regulation
ASIC · CySEC · FSCA+2 more
Broker Type
STP, ECN, Market Maker, DMA
Min. Deposit
$100
Platforms
Web, Mobile, TradingView, MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader, IRESS
Fees
Low
Max Leverage
1:500
Demo Account
Yes
Our Ratings
4.6
out of 5
Safety & Regulation4.5
Fees & Costs4.7
Platforms & Execution4.7
Education4.5
72.5% of retail FX and CFD accounts lose money.
Pros & Cons
Pros
- +Strong global regulatory framework
- +Fast and easy account opening
- +Multiple fast and secure payment methods
- +Several account currency options
- +Negative balance protection
- +Low forex trading fees
- +No deposit or withdrawal fee
- +No inactivity fee
- +Demo account for practise trading
- +User-friendly mobile and web platforms
- +Support TradingView, MT4, MT5, and cTrader
- +No restriction on trading styles
- +Integrated social, copy and PAMM trading features
- +Support algorithmic trading
- +Great educational resources for all levels of traders
- +Excellent 24/7 customer support service
Cons
- −Limited Product Range
FP Markets - At a Glance
Trading Conditions
- Broker Type
- STP, ECN, Market Maker, DMA
- Minimum Deposit
- $100
- Maximum Leverage
- 1:500
- Spread Type
- Variable
- Spread From
- 1.0 pips (Standard Account), 0.0 pips (Raw Account)
- Commission
- No commission on Standard account. $3 per side on the RAW account
- Decimal Pricing
- 5 decimals
- Minimum Lot Size
- 0.01
- Maximum Lot Size
- 100
- Hedging
- Yes
- Scalping
- Yes
- Assets Offered
- Forex, CFDs
Account Types
- Demo Account
- Yes
- Swap Free Account
- Yes
- Managed Account
- Yes
- PAMM / MAM Trading
- Yes
- Joint Account
- Yes
- Social / Copy Trading
- Yes
- Bonuses
- No
- Contests
- No
Platforms & Tools
- Trading Platforms
- Web, Mobile, TradingView, MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader, IRESS
- One Click Trading
- Yes
- OCO Orders
- Yes
- Trailing Stop Loss
- Yes
- API Access
- Yes
- VPS Hosting
- Yes
Company
- Regulation
- ASIC (Australia), CySEC (Europe), FSCA (South Africa), FSA (Seychelles), FSC (Mauritius)
- Segregated Client Funds
- Yes
- Negative Balance Protection
- Yes
- Headquarters
- 10 Bridge St, Level 5, Sydney, New South Wales, 2000, Australia.
- International Offices
- Australia, Cyprus, South Africa, Seychelles, Mauritius, Kenya
- Payment Methods
- Bank Transfer, Broker to Broker Transfer, Credit Cards, Debit Cards, Apple Pay, Google Pay, Crytocurrency, Paypal, Skrill, Neteller, Perfect Money, UnionPay, FasaPay, BPay, Klarna, POLi, Sticpay, PayRetailers, Rapyd, LetKnowPay
- Account Currencies
- AUD, CAD, CHF, EUR, GBP, HKD, JPY, NZD, SGD, USD
- Languages
- Arabic, Dutch, French, German, Greek, Hungarian, Indonesian, Italian, Japanese, Korean, Malay, Mandarin, Polish, Portuguese, Russian, Spanish, Thai, Vietnamese
- Customer Support
- Live Chat, Email, Telephone