FP Markets Review 2024: Everything You Need to Know

Founded in 2005, FP Markets is a leading online broker renowned for its exceptional trading conditions and commitment to client satisfaction. This comprehensive guide will help you learn about FP market regulation, account types, financial instruments, trading platforms, etc.

FP Markets broker review

FP Market forex broker, a leading provider in the industry, offers competitive trading conditions, reliable services, and access to an economic calendar. FP Markets review is regulated by multiple financial authorities and provides various assets and dedicated customer support.

You can choose from popular platforms like MT4 and MT5, benefit from consistently tight spreads, and access educational resources to enhance your skills. The FP market broker’s copy trading feature makes it convenient to follow successful traders. With 24/7 support, FP Markets is committed to providing a seamless and rewarding trading experience. Start trading today!

FP Markets regulations

Is FP Markets legit? Yes, FP Markets is generally considered a legitimate and reputable forex broker. It is licensed and monitored by several financial regulators. There is no credible evidence to support the claim that FP Markets is a scam. FP Markets is regulated by the following authorities.

Abbreviation	Name of the regulator	Jurisdiction
ASIC	Australian Securities and Investments Commission	Australia
CySEC	Cyprus Securities and Exchange Commission	Europe
FSCA	Financial Sector Conduct Authority	South Africa
FSA	Financial Services Authority	Seychelles
SVG	St. Vincent and The Grenadines	St. Vincent and the Grenadines

Broker FP Markets ensure that retail client funds are always kept separate from the firm’s capital and held in segregated accounts at leading banks. This means that client money is never used to meet company expenses.

FP Markets does not provide services to residents of the following countries. They are Afghanistan, Cuba, Iraq, Iran, Liberia, Libya, Myanmar, Palestine, Russia, Somalia, Syria, Sudan, Yemen, FP Markets USA, and any countries on the FATF and EU/UN sanctions lists.

Why trade with FP Markets broker?

The reasons for trading with FP Markets brokers are as follows.

FP Markets is a multi-regulated broker with a proven track record of excellence.
They offer segregated client funds, 24/7 multilingual customer support, consistently tighter spreads, and personal account managers.
With over 40 international awards and 19 years of trading experience, FP Markets is a trusted choice for traders worldwide.
FP Markets offers competitive spreads and commissions, especially for its raw account type. This can help you reduce your trading costs and improve your profitability.
FP Markets provides a range of educational resources, including webinars, articles, and market analysis. This can help you learn more about trading and develop your skills.

FP Markets account types

FP Market accounts are of two types. They are listed below.

Accounts types	Forex accounts		Islamic accounts
Feature	Standard MT4-MT5 account	Raw MT4-MT5 account	Standard MT4-MT5 account	Raw MT4-MT5 account
FP Market’s minimum deposit	$100 AUD or equivalent	$100 AUD or equivalent	$100 AUD or equivalent	$100 AUD or equivalent
FP Market spreads	From 1.0 pips	From 0.0 pips	From 1.0 pips	From 0.0 pips
Instruments	70+ forex pairs, metals, indices, commodities	70+ forex pairs, metals, indices, commodities	70+ forex pairs, metals, indices, commodities	70+ forex pairs, metals, indices, commodities
FP Markets leverage max	500:1	500:1	500:1	500:1
Execution	ECN-Pricing	ECN-Pricing	ECN-Pricing	ECN-Pricing
Commission per lot	Zero	$3 per side	Zero	$3 per 100,000
Minimum trade size	0.01 lot	0.01 lot	0.01 lot	0.01 lot
Expert advisors	Yes	Yes	Yes	Yes
Mobile app	Yes	Yes	Yes	Yes
VPS available	Yes	Yes	Yes	Yes

Both raw forex and Islamic accounts are popular. Please note that swap-free accounts are not available on the Iress platform.
Islamic traders can benefit from swap-free accounts on our Raw and Standard account types when trading on the MT4 and MT5 platforms. The Iress platform is available on Windows 7 or higher and supported on Mac OSX.
The minimum deposit of forex and Islamic accounts is $100.

FP Markets demo account

FP Markets review MT4 Demo account offers a risk-free environment in which to practice trading and test strategies. With $100,000 in virtual funds, you can experience real-time market conditions, experiment with automated trading, and familiarize yourself with the MT4 platform’s features.

Access the MQL4 community, use various indicators and tools, and customize your trading environment. Inactivity for more than 30 days will result in the expiration of your demo account, which cannot be reactivated.

FP markets assets and instruments

FP Markets offers a wide range of assets and instruments for trading.

Forex
Shares
Metals
Indices
Commodities
Bonds
ETFs
Digital currencies

FP Markets forex

FP Markets FX offers over 70+ forex currency pairs, including major, minor, and exotic pairs. The major currency pairs include GBP/USD, EUR/USD, and USD/JPY. Enjoy consistently tight spreads starting from 0.0 pips, available 24 hours a day, 5 days a week.

Trade CFDs on over 10,000 Australian and international shares, as well as stock CFDs and indices from exchanges like ASX, NYSE, NASDAQ, and FTSE 100. Examples of Australian shares include Commonwealth Bank, BHP Group, and Westpac Banking Corp.

Metals

FP Markets offer competitive trading on precious metals like gold and silver. Trade these assets against USD or AUD with 500:1 leverage and enjoy consistently tight spreads starting from 0.0 pips on pro accounts.

Indices

FP Markets offers a wide range of 19 major indices for trading. Enjoy zero commissions and tight spreads starting from 0.0 pips on indices like NASDAQ 100 E-Mini, Nikkei 225 (CME), NASDAQ 100 E-Mini, Dow Jones Industrial Average E-Mini (CBOT), Mini SPI 200, DAX Index, SPI 200, S&P 500 E-Mini, and EURO Stoxx 50. These indices are available on FP Market’s powerful trading platforms.

Commodities

FP Markets offers commodity trading on a wide range of products, including energy, metals, and agricultural goods. Trade popular commodities like crude oil, gold, silver, platinum, palladium, copper, iron, steel, aluminum, coffee, natural gas, soybeans, corn, and wheat. Enjoy FP Markets leverage up to 500:1 and spreads starting from 0.0 pips.

Bonds

FP Markets offers bond trading, allowing you to buy and sell corporate and government bonds. Trade bond CFDs like US 10 YR T-Note Futures and UK Long Gilt Futures on MetaTrader 4 and 5.

ETFs

FP Markets offers over 290 ETFs for diversified investment portfolios. Choose from a wide range of ETFs, including bond, equity, alternative investment, factor, inverse, market, specialty, sustainable, commodity, physically backed, currency, actively managed, exchange-traded notes, foreign market, leveraged, sector and industry, and style ETFs.

Enjoy the advantage of minimal spreads starting from 0.0 pips and easily trade these ETFs through your FP Markets account.

Digital currencies

Trade cryptocurrency CFDs with FP Markets and benefit from low spreads and flexible leverage on a wide range of coins, including Bitcoin, Ethereum, Ripple, Litecoin, Bitcoin Cash, and more. Enjoy trading with leverage and low spreads.

FP Markets trading platforms

FP Market review is a leading online broker and it offers a range of trading platforms to cater to different trader needs. Here are some of the most popular FP Markets trading platforms.

Meta Trader (MT4)

FP Markets MT4 offers a comprehensive suite of trading tools, including three chart types, nine timeframes, and 24 analytical objects. It is pre-installed with 60+ indicators from MetaTrader 4 chart providers.
Its customizable interface, one-click trading, real-time price streaming, and secure 128-bit encryption make it a popular choice among traders.
Additionally, MT4's support for Expert Advisors, custom alerts, and the MetaTrader Market allows for automated trading strategies and access to a wide range of trading tools.
Its compatibility with iOS, Android, and Mac devices enables trading on the go.

FP Markets Meta Trader 5 (MT5)

The platform features a depth of market display, technical indicators, and various pending stop-order types to support advanced trading strategies.
FP Markets MT5 offers advanced features like hedging and a larger instrument selection compared to MT4.
With 21 timeframes, 8 order types, 80+ technical indicators, and 40+ analytical objects, traders can customize their trading experience and execute trades efficiently using the one-click trading option.
FP Markets is compatible with various devices, including Mac OS, iOS, and Android, ensuring seamless trading across different platforms.

FP market Trading View

Trading View offers a user-friendly interface with advanced charting tools, a vibrant social community, and real-time market data.
Its intuitive design allows for easy customization, while its extensive range of technical indicators suits traders of all levels.
Additionally, Trading View provides real-time market information and news, ensuring traders have access to the latest developments.

cTrader

cTrader offers a versatile trading platform available in six versions across desktop, web, and mobile trading (Android and iOS).
cTrader is a popular trading platform known for its speed and execution, making it ideal for high-frequency traders.
It offers advanced features like Level 2 pricing and customizable charting tools.
With a wide range of timeframes from 1-minute to monthly and multiple chart types, cTrader caters to diverse trading styles.
Additionally, traders can easily share their charts on social media using Chart Shots and save up to 50 templates across different cTrader versions.

Web Trader and MT5 mobile trader

Forex market hours

With FP Markets, you can trade Forex around the clock. An award-winning support team is available 24 hours a day, 5 days a week to assist you. This is due to the overlap of the four major trading sessions.

Deposit / withdrawal of FP Markets

FP Markets deposit methods

FP Markets offers a variety of deposit methods to suit different preferences and needs.

FP Markets withdrawal methods

FP Markets offers a variety of withdrawal methods to suit your preferences.

The funding methods and their supporting currencies, deposit processing time and charges, and withdrawal processing time and fees are given below.

Funding methods	Accepted currencies	Deposit processing time	Deposit charges	Withdrawal processing time	Withdrawal fees
Credit/Debit card	AUD, CAD, CHF, EUR, GBP, HKD, JPY, NZD, SGD, USD, CZK, PLN, AED	MT4/MT5: Instant	No fees	2-10 business days depending on your bank	No fees
Bank transfer	AUD, USD, EUR, GBP, SGD, CAD	1 business day after funds are credited	No deposit fees are charged by FP Markets.	Domestic transfer: 1 business day. International bank transfer: Up to 5 business days.	No fees
Skrill	AUD, CAD, EUR, GBP, INR, BRL, USD	MT4/MT5: Instant Iress:1business day	No fees	1 business day	1%+ currency conversion fee (if applicable)
Neteller	AUD, CAD, EUR, GBP, INR, USD, BRL, CHF, JPY, SGD	MT4/MT5: Instant. Iress:1business day	No fees	1 business day	1% up to 30 USD + currency conversion fee
Asia Banks	MYR, IDR, VND	Instant	Covered by FP Markets	Instant	1.50%
Stic pay	JPY, EUR, GBP, USD, HKD, TWD, KRW, SGD	Instant	No fees	Wallet- Instant, Bank wire-1-2 business day	5% for bank wire, 2.5% for wallet.
Fasapay	USD, IDR	MT4/MT5: Instant. Iress: 1 business day.	No fees	1 business day	0.50%
Virtual pay	KES, UGX, TSH	Instant	No fees	1 business day	2%
Rupee payments	INR	Instant	No fees	-	-
Rapyd	BRL, MNX, COP, CLP	Instant	No fees	1-2 business days.	2%
Perfect Money	USD	MT4/MT5: Instant. Iress: 1 business day	No fees	1 business day	0.50%
Crypto payments	ADA, BCH, BTC, DASH. ETH, LTC, PAX, XRP, TUSD, USDC (ERC20), USDT (ERC20), USDT (TRC20), ZEC	Up to 1 hour	Blockchain apply	1 business day	No fees
Dragon pay	PHP	MT4/MT5: Instant. Iress: 1 business day.	No fees	1 business day	1.50%
Rapid transfer	EUR, DKK, SEK, HUF, GBP, PLN, NOK	Instant	No fees	1-2 business days.	1%
Local bank transfer	LAK	Instant	Covered by FP Markets	Instant	1%
FP Markets P2P	VND	Instant	Covered by FP Markets	-	-
Broker to broker	AUD, CAD, CHF, EUR, GBP, HKD, JPY, NZD, SGD, USD	1 business day after funds are credited	No deposit fees, international fees are covered up to $50 for deposits over $10,000	-	-

FP Markets fees and commission

FP Markets offers a variety of trading accounts with different fee structures. Here is a breakdown of the primary fees and commissions you can expect.

This table provides a breakdown of commissions and fees for Forex, Metals, Commodities, and Indices.

Instrument	Raw account	Standard account	Iress forex account
Forex	3.50 (AUD, CAD, SGD), 3 USD, 2.75 EUR, 2.25 GBP, 22.5 HKD, 300 JPY, 4.4 NZD, 3 CHF, 15 BRL, 54 MXN, 54 ZAR, 12.2 PLN	Zero (built into the spread)	Zero (built into the spread)
Metals	3.50 (AUD, CAD, SGD), 3 USD, 2.75 EUR, 2.25 GBP, 22.5 HKD, 300 JPY, 4.4 NZD, 3 CHF, 15 BRL, 54 MXN, 54 ZAR, 12.2 PLN	Zero (built into the spread)	Zero (built into the spread)
Commodities	Zero (built into the spread)	Zero (built into the spread)	Zero (built into the spread)
Indices	Zero (built into the spread)	Zero (built into the spread)	Zero (built into the spread)

This table provides a clear breakdown of the fees associated with trading Equity CFDs on various exchanges.

Exchanges	Commission per side	Minimum charge
Australia	0.06%	6 AUD
Singapore	0.15%	25 SGD
Hong Kong	0.30%	100 HKD
London	0.10%	10 GBP
Frankfurt	0.10%	10 EUR
NY NYSE	2 cents/share	15 USD
NY NASDAQ	2 cents/share	15 USD

Additional fees and information

IressTrader/Viewpoint: $70 monthly fee. Free if you trade 15 times per month or generate $150 in FP Markets commissions. Live streaming ASX data costs $25 per month, rebated with $50 in ASX equity/DMA index CFD commissions.
MT4/MT5: Free for all clients.
Spreads: Consistently tight spreads starting from 0.0 pips. FP Markets offers competitive commissions, as low as $3 each way on raw accounts.
IB commission: 5 USD per lot for Standard accounts and 2 USD per lot for raw accounts.
Inactivity fees: No inactivity fees or account maintenance fees.

FP Markets customer support

FP Markets offers excellent customer support available 24/7. Connect with an experienced team through these convenient channels.

Additionally, if you prefer a callback at your convenience, you can fill out the callback request form on the website.

Conclusion

FP Markets review is a top-tier online broker that excels in providing exceptional trading conditions, cutting-edge platforms, and outstanding customer support. With its commitment to transparency, regulatory compliance, and client satisfaction, FP Markets has established itself as a trusted partner for traders of all levels.

If you are a seasoned professional or just starting, FP Markets offers a comprehensive trading experience that includes competitive spreads and fast execution, diverse payment methods, comprehensive education, and training resources. If you are looking for a reliable and innovative broker to take your trading to the next level, FP Markets is an excellent choice.

Pro Tip

Experience the ultimate trading environment with FP Markets. Open an account today and experience the difference for yourself! Boost your trading success with our trusted forex brokers. Stay ahead of the curve with the latest insights on – Stocks, CFDs, Banking, Forex, Trading, Investment, Cryptocurrencies and more. Drop your suggestions in the comment section.

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