FP Markets Review

The FP Markets operating professional trading experience for a quite long time since the broker was established in 2005 and serves over 12,000 clients worldwide. Moreover, FP Markets connects traders to the market through electronic bridgesand enhanced DMA pricing models.

FP Markets is an Australian brokerage company that delivers access to trade 13,000+ products ranging from Forex, Indices, Commodities, Metals, Bitcoin, Cryptocurrencies, Equity CFDs that are offering competitive spreads and flexible leverage throughout one account. The company headquarters in Sydney, Australia while ASIC regulation ensures trustable cooperation as well as full compliance with guidelines that provide a safe trading environment.

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One of the main strengths we found while Review FP Markets is their developed Tighter Raw Spreads technology that providing direct access to the liquidity providers without dealer intervention through Equinix NY4 Data Centers, and executes order through the best possible price within offering for the particular asset. This technology currently is the leading solution that provides extremely fast execution speeds and the most favorable quotes with spreads from 0.0 pips allowing you to benefit from it.

Regulations

FP Markets is safe to trade, as it is an established Australian broker that respectively complied operation according to the world-known regulation Australian Securities and Investments Commission (ASIC), learn more why trade with ASIC Brokers by the link. Moreover, as we discover whithin FP Markets Review European clients may now trade freely, as FP Markets received a CySEC license that brings a regulated trading environment according to ESMA and MiFID guidelines.

The regulatory status indeed the most important measure within FP Markets Review, as in simple words it means a client is treated fairly according to the international laws and requirements. Traders funds also being segregated from the own company funds, are held in selected top-tier banks, with daily fund reconciliation and application of the standard covers under investment protection.

Reliability

FP Markets is a very well established and highly reputable online trading brokerage that has been providing traders around the world with reliable investment and trading services for over 15 years. FP Markets is a Tighter Raw Spreadwhich means there is no dealing desk or any sort of intervention between the client and the market. Therefore, clients are trading directly with the real interbank forex market which provides a great deal of transparency and reliability. As well, FP Markets undergoes periodic independent audits to ensure the brokers’ reliability, transparency, and compliance with regulations. All in all, FP Markets is one of the most trusted and reliable online trading brokerages available.

FP Markets Trading Platforms

There is a comprehensive choice between the platforms included into the FP Markets proposal, thus powerful capabilities provided with the choice between MT4, MT5 and IRESS platforms as well MAM and PAMM account possibility for money managers.

While MT4 and its newer version MT5 platforms do not require an introduction, as platforms giving a dynamic feature through detailed insights and one of the best in industry options for automated trading via EAs through and spreads from 0 pips. In addition, the platform enables one click trading, algorithmic rules, indicators, also newly launched Autochartist which allowing to participate with comprehensive trading capabilities. Also, the MT5 brings one of the best, extended inbuilt indicators and graphical objects via pending orders and displayed currency market depth.

FP Markets Fees

As the first stage, you should choose the applicable type of account suitable for your trading style and then proceed with the following registration. While the FP Markets offers two account types with STP and Tighter Raw Spread execution models accordingly available through MT4 or MT5 platforms. Also, there are three IRESS account types that cover the need of those traders who prefer to use this particular software.

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FP Markets Spread

Next important question about FP Markets spread is defined by the account type too, thus the STP account EUR/USD floating spread is averaged 0.7 and the Tighter Raw Spread proposes only 0.1 for the same pair. However, raw account charges on commission to every order, which is defined by the instrument and is 3$ for Forex instruments, 3.5$ for Metals and offers 0$ commission on commodities or cryptocurrencies. Also, there are some specified conditions between pricing that may occur in different account types, alike IRESS account charges based on a commission plus percentage from trade basis according to the instrument.

Therefore, according to your trading style and volumes you trade, there is an option to select the best suitable one, but overall FP Markets truly proposing very competitive offering among the market.

For instance, see below a comparison of the most traded instruments and FP Markets offered spread on the, as well you can compare fees with another popular broker IC Markets.

Asset/ PairFP Markets Fee Terms
EUR/USD0.7 pips
Crude Oil WTI3
Gold16 cents
Bitcoin62

FP Markets Rollover

In addition, always consider rollover or swap rate as a trading cost, since the broker charges a small fee for the position being held longer than a day and is defined by the instrument. Moreover, there is an option for Muslim trader to trade through Swap-Free account, which is suitable for followers of belief and tailored according to the strictest rules.

What Leverage FP Markets offer?

Being an Australian broker, FP Markets complies with ASIC set of rules and actually still offer a quite high leverage level up to 1:500 on Forex instruments, which you can greatly benefit from. Yet, make sure to learn about leverage as a tool and how to use it the smartest way, as an increase of your trading size may play a significant role in your either potential gains or loses.

What are FP Markets Deposit and Withdrawal Methods?

Another important note in our FP Markets Review is funding methods. Once you ready to open an account, you will find vast payment methods that allow you to proceed with account funding, while some of them including fees and another is free of charge. Generally, trading accounts are available at 10 base currencies, hence you can choose the best suitable option and transfer fund accordingly.

It is possible to fund the trading account with Bank wire transfer, various e-wallets and by both credit or debit cards. As for the fund transferring feesFP Markets does not waive transfer fees for deposits except the Credit Card used to fund account for IRESS platform, where the fee of 1.8% for Domestic card and 3.18% is added on.

FP Markets withdrawal fee

Also, you may request to perform the transfer from other brokers in case you would like to transfer funds between the accounts. The withdrawal fees are ranged also from the option to another, while some require no fees and another will add on a small markup, see table below.

FP Markets minimum deposit

The last, but not the least is a minimum deposit amount which is defined by FP Markets account type you choose. The Standard account requires only 100$ as a start, while Tighter Raw Spread account set also 100$ and it is a great opportunity, which allows you to start with a relatively small deposit and enjoy numerous benefits at FP Markets.

Conclusion

FP Markets Review presents the brokerage firm that is among the most awarded CFD and FX trading providers received its recognition from the respected organizations. Besides that, FP Markets established direct access to markets through sophisticated technology that provides a wide range of instruments to trade also with truly competitive pricing. Which is all in all is the winning combination for the traders of different size and expertise that brings the confidence to choose FP Markets as a reliable brokerage, and of course along with their reliability due to the ASIC regulations.

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Risk Warning: “CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76.5% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.”

This review has been conducted independ- ently. Products included on this site may not suit your personal objectives, financial situation or needs. Please consider whether it is appropriate for your circumstances, before making a decision to purchase or apply for any product. If you are considering acquiring any financial product you should obtain and read the relevant Product Disclosure Statement or other offer document prior to making an investment decision. FP Markets IB number: 13349