Since 2005, FP Markets has operated as a forex and CFD broker, providing global financial technology services. Unless explicitly stated on a specific page, FXTrustScore.com does not receive compensation, sponsorship or commission from the brokers featured in our reviews. Traders can request conversion by contacting customer support, after opening an account. These accounts do not incur overnight interest charges and are available on Standard and RAW MT4/MT5/cTrader accounts. In many cases brokers allow the removal or adjustment of leverage from within your client area. This diverse mix allows FP Markets traders to build balanced portfolios, though the crypto offering remains modest compared with some other competitors.
FP Markets Review – FP Markets Broker Review: Pros, Cons & Features
This revision incorporates the extended regulatory framework and reinforces FP Markets’ commitment to providing a safe and reliable trading environment. The broker maintains high levels of security by segregating client funds from its operating capital, ensuring excellent liquidity through first-tier banks and financial institutions. These regulators are well-recognized for the protections they offer, ensuring that FP Markets adheres to strict financial standards and operational integrity. When it comes to regulatory oversight, FP Markets sets a high standard.
Does FP Markets offer different Islamic account types?
Is the FP legit?
FP Markets is regulated and licensed across major global financial jurisdictions, ensuring compliance, transparency, and the highest standards of client fund protection. We are also an award-winning broker with 60+ industry awards to date.
The Academy’s beginner-friendly approach helps users build confidence while learning essential trading strategies and tools across Forex and CFD markets. Whether you’re a beginner or an advanced trader, the academy supports growth with structured, multilingual learning https://forex-review.net/fp-markets/ tools. Its institutional-grade pricing and user-friendly platforms simplify the process. FP Markets allows trading on a wide range of CFD products, including Forex, Shares, Indices, Commodities, Metals, Bonds, ETFs, and Digital Currencies. FP Markets provides access to over 10,000 financial instruments across global markets, from Forex and Shares to Bonds, ETFs, and Cryptocurrencies. Each app offers real-time quotes, fast order execution, and customizable charts with multiple indicators.
This type of account is ideal for traders who work with smaller volumes or are fine-tuning their strategies. FP Markets emphasizes trader education by offering free webinars, trading guides, and daily market analysis to help users make informed decisions. In summary, this FP Markets Review shows that FP Markets is a well-regulated, trustworthy, and transparent broker offering strong value for traders in 2026 and beyond. They’ve built a solid ecosystem that combines regulation, low spreads, fast execution, and advanced tools — all while keeping things accessible for both beginners and professionals.
- In the hyper-competitive world of CFD brokerage, FP Markets has emerged as a formidable player, carving out a niche for itself over two decades.
- I appreciate that the analysis covers a wide range of markets, including cryptocurrencies.
- In the meantime, a demo account is a good option for beginners who want to test strategies and learn.
- The platform also includes over 15 equity index CFDs, 8 additional index CFDs through Direct Market Access, and a variety of commodities comprising 17 metals, 5 energy products, and 7 soft commodities.
FP Markets Review: Complete FX Broker Review
Its competitive pricing, strong support, and educational tools empower traders with control and value. Its commitment to security, transparency, and compliance with global standards makes it a trusted choice for traders around the world. With 24/7 customer support and a trust score of 87 out of 99, it stands out as a reliable choice for traders.
Account types
With a substantial global presence, FP Markets is licensed and authorized by multiple regulators in various regions, including top-tier ASIC and CySEC. The sheer diversification of your portfolio with FP Markets offers an opportunity. To remedy this "personal touch" problem, FP Markets assigns a personal account manager to your account and you can always reach this one person for all your account-related matters. The problem with dealing with a large broker is the lack of personal touch.
While European clients under CySEC have the added benefit from the Investor Compensation Fund. FP Markets is a global broker that started in Sydney, Australia in 2005. Moreover, FP Markets is regulated by reputable authorities such as the Australian Securities and Investments Commission (ASIC) and the Cyprus Securities and Exchange Commission (CySEC), ensuring a secure trading environment.
How to spot a fake broker?
- Always research brokers and their firms for past disciplinary issues before investing.
- Beware of cold contacts and high-pressure sales tactics to avoid investment fraud.
- Use FINRA's BrokerCheck and the SEC's IAPD to verify a broker's registration and background.
What trading platforms does FP Markets offer?
However, given that these accounts give you more tech to trade with, there is a higher minimum deposit of $1,000. With these accounts, you get DMA access which means greater order book visibility. As shown above in the fees, the Standard has slightly higher spreads although there is no commission charged on the lots traded. Take note though that although the ECN account has lower spreads than the standard, you will have to pay a "lot" commission of $3 per round trip. The CFD accounts also give you access to thousands of single stocks that you can buy directly on the exchanges.
Current Promotions and Bonus Offers
As we mentioned earlier, FP Markets MetaTrader ECN accounts include a wide range of other assets. Nonetheless, the MetaTrader platform is rather simple to use without compromising the core functionalities required for Forex trading. Once deleted, demo accounts cannot be restored but you can always open as many demo accounts as needed for your strategy testing. Keep in mind that FP Markets demo accounts have unlimited validity, but the condition is, you cannot leave it inactive for longer than 30 days.
The platform’s look and feel are a bit dated, and I feel there is room for improvement in design and usability. It allows users to trade directly from any browser and operating system without any additional software. The MetaTrader 4 Web Platform (WebTrader) is a stripped-down version of the desktop platform.
Most of the trading platforms at FP Markets are free although they will charge you $55 per month if you create an account on IRESS Trader/Viewpoint. If you are trading on the CFD account then the fees and spreads will differ greatly depending on the asset that you are trading. If you have created a standard Forex account then you have access to a number of standard markets.
How can I contact FP Markets support?
In addition, FP Markets offer both MAM (Multi-Account Manager) and PAMM (Percentage Allocation Management Module) accounts. Traders who deposit a minimum of $1,000 or trade over 10 lots per month on the Standard Account or 20 lots on the Raw Account can access the VPS service at no additional cost. It is tailored towards experienced traders due to its extensive features and higher costs. They also provide Direct Market Access (DMA) share trading through the IRESS platform. While trading highly liquid instruments during both the European and US sessions, we observed some positive price improvement and encountered a 1 pip slippage on an overnight trade when liquidity is typically lower.
It offers advanced charting, a comprehensive range of order types, and popular features such as one-click trading, trading directly from charts, and customizable alerts. The MT4 app also provides standard order types, including pending and stop orders. The app offers popular features such as alerts, 1-click trading, and trading from the chart.
This combination of top-tier and offshore regulation provides a strong degree of assurance for clients prioritisng fund protection and a secure trading environment. Those looking to trade forex or CFDs on shares will be more than happy with the offerings and services at FP Markets. Over that period they’ve also received numerous awards from various forex and CFD organizations, further highlighting the strength of the broker. FP Markets has survived for 15 years because it offers great service and fair pricing to its clients. One thing to note is the broker advertises zero deposit fees, but that isn’t technically true.
With FP Markets, clients can trade on well-known trading platforms including MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader, TradingView and WebTrader. FP Markets is a credible and regulated broker that offers 24/7 client support and a clear fee model for its trading accounts. For professional traders, the Iress and Mottai platforms (available under ASIC), offering advanced functionality and direct market access. The broker supports a strong range of trading platforms, maintains no inactivity fees, and provides round-the-clock multilingual customer support. While FP Markets offers competitive pricing and 24/7 support, traders should review the full details below before registering and funding a trading account. FP Markets’ clients can access free demo accounts via MT4, MT5, TradingView, and cTrader platforms.
➡️ Step 6: Features and Trading Tools
- Crypto CFD trading is restricted in certain jurisdictions due to local regulations.
- Traders benefit from spreads starting at 0.0 pips, low commissions, and zero hidden fees.
- While being the most feature-rich and popular trading platform, MetaTrader 4 does not have a slick interface and requires some time and effort to learn.
- However, if you are not that regular of a trader then you should consider the professional or platinum.
- This allows them to provide a highly refined trading experience with near instant execution and razor thin margins.
Forex and CFDs including Stocks, ETFs, Commodities, Indices (Equity and Currency), Energy, Precious Metals, Bonds and Cryptos. This focus on educational resources is particularly useful for those aiming to refine their trading strategies and knowledge. In this FP Markets broker review, funding methods deserve special mention. 📌 If you’re trading based on Sharia-compliant principles, check this list of Best Islamic Forex Brokers for more options. These add-ons make a big difference for those who trade regularly and want more than just basic charts. FP Markets also has a Trader Toolbox, a package that includes sentiment indicators, correlation matrices, and trade management tools.
We spoke to numerous different agents in our interactions and they were all very clued up on the brokerage and their products. The first of these is through a standard email address. As is the case with the funding of the account, they can only make a payment to an account in your name and there are no third-party transfers. You can withdraw with many of the same options as the funding above including through a card, a wire and Neteller. Funding your account is pretty easy and you will head on over to the "funding section" within your account management. If you had a CFD account then you can also use the IRESS mobile app.
However, given that FP Markets has the IRESS platform, you should rather use this as it gives you access to more markets. FP Markets also does offer their traders the MT5 platform. Well, this platform was developed by traders for traders and has extensive functionality. This means that you can trade all of those Forex account instruments that we mentioned above on this platform. At FP Markets, this MT4 platform is available on both the standard STP account as well as the raw ECN account. The MT4 platform is the most popular third-party trading platform currently on the market.