FP Markets Review 2025: Pros, Cons and Key Features
You can access the site via your web browser on a computer or mobile device. Alternatively, click on any link we have shared here for quick access. Ensure you’re on the secure and official website for the safety of your personal information. Also, read and understand the broker’s terms and conditions and install its app on your mobile device if you are always on the move. Based on our experience exploring FP Markets, we can confidently say that it is one of the most user-friendly brokers with simple account opening procedures.
- During standard hours from 9 AM to 6 PM EST, traders can access live customer support for prompt assistance.
- The range of deposit methods and speed of processing is better than average for the industry.
- There are a number of things that we look for when determining this but the most important of considerations are regulation, client fund safety and risk management protocols.
- MetaTrader is also popular due to its automated trading features.
Simply select the instrument you are trading, your account currency, and the size of your trade. With these basic details, you will know which one of these account types provided, is most suited to you. The best thing to consider is the style of trading, strategy, amount of money you are willing to risk, and your level of expertise. FP Markets offers over 10,000 forex and CFD products, providing traders with a comprehensive range of options to suit their investment strategies and preferences.
That is a number much higher than any of the brokers in the market can provide. The accounts have 128-bit encryption to ensure security for traders. There are many chart types one can use for each style of analysis.
FP Markets Deposit Options
FP Markets could improve by providing a user-friendly proprietary platform to cater to newbies and casual traders. Offering third-party account insurance for clients at offshore entities would also be a positive addition. FP Markets provides 24/7 customer support via live chat, phone, and email. I made dozens of inquiries over two weeks and had a very positive experience overall.
Our FP Markets review team was pleased to see that the site offers a wide range of deposit and withdrawal methods and that the process is relatively simple. FP Markets allows EU customers to open accounts in USD, EUR, or GBP, whereas international clients can open accounts in AUD, USD, EUR, GBP, SGD, HKD, JPY, NZD, CHF or CAD. Our FP Markets review team found that FP Markets also offers clients from the European Union negative balance protection. However, international clients are not afforded the same protection. The good news is that all client funds are held in segregated accounts and cannot be used for operational purposes or to pay creditors in the event of bankruptcy. While reviewing FP Markets, our team discovered that this broker charges fees on certain deposit and withdrawal methods, however, there are plenty of ways to fund your account for free too.
What Extra Trading Services does FP Markets Offer?
Others can also enjoy access to a series of specialized accounts that use the IRESS platform. The account types on offer from FP Markets for international clients are detailed in the table below. As a broker offering ECN Pricing, FP Markets streams price feeds directly from their liquidity providers. The broker tries to satisfy traders’ demand for deep liquidity, the highest levels of price transparency, and ultra-fast execution with minimal slippage.
Copy trading with FP Markets
For example, access to International Markets Live (IML) costs AU$11. However, you will receive a full rebate https://traderoom.info/fp-markets-forex-broker/ of the fee if you conduct a minimum of three trades, meaning it is effectively free. In comparison to other brokers our team has reviewed, FP Markets charges competitive swap rates.
Trade Ideas are provided at FP Markets through their Traders Hub blog. Launched relatively recently, this is a great source of analysis for all skill levels. You can expect detailed articles of a high quality, with at least two or three up to date pieces published daily. Fill out a questionnaire regarding trading experience and knowledge.
Processing Times
Clients on the FP Markets Standard Account, on the other hand, will have a higher spread but won’t have to pay commission. FP Markets is highly regulated by top-tier authorities such as the Australian Securities and Investment Commission (ASIC) and Cyprus Securities and Exchange Commission (CySEC). This award-winning broker offers consistently tighter spreads on its advanced platforms.