FP Markets is a retail market broker. The broker offers to trade forex, CFD’s, indices, cryptocurrencies, equities, commodities, and stocks. They offer their clients more than 13,000 trading instruments, ultra-fast trading technologies, and tools. Forex and CFD’s traders love them for Low spreads, modern trading platforms, and Multilingual and efficient customer support.
Regulation: ASIC & CySEC
Platform: MetaTrader 4 (MT4), MetaTrader 5 (MT5), WebTrader & Iress
Minimum Deposit: $ 100
Maximum Leverage: 1: 500
Trust and Regulations
The FP Markets broker is a part of the brokerage arm of First Prudential Markets Pty Ltd, it’s an Australian brokerage firm. The firm is providing service for more than 15 years which was established in 2005.
The head office is located in Sydney, Australia. They got multiple awards in various categories for their good customer support, low speared, trading education and advantages.
The broker is regulated by ASIC (Australian Securities and Investments Commission) and CySEC (Cyprus Securities and Exchange Commission).
They operate the market with the AFSL (Australian Financial Services License) license, the number is 286354.
The FP Markets use the Commonwealth Bank to keep secure their investor fund. The Commonwealth Bank is one of the most popular and secure banks in Australia, currently, they are count on the top 5 in Australia.
ASIC provides good protection to work with a broker, a broker cannot give bad service or unsatisfied service after being regulated with the broker.
The broker operates /EU version for European clients, which is regulated by CySEC.
So, the FP Markets have good securities, and one of the most trusted broker.
FP Markets Special:
- Globally Regulated by a trusted authority
- Offer Segregated Client Funds
- 36+ International Awards
- 24/5 Multilingual Support
- Consistently Raw ECN Pricing
- Personal Account Managers
- 15 Years+ Trading Service Experience
FP Market Account Types
The broker offers different types of accounts for the level of traders and differs trading types. The broker offers Forex, Share and CFD account types and an Islamic and demo account also.
Forex trading account: This account especially for forex trader to trade foreign currency pairs, cryptocurrencies,equities, metals, indices and commodities on the MT4 or MT5 trading platforms via all trading base devices. There are two types of forex trading account:
- Standard account: the account starts with a little despite as $100 AUD. Traders can access more than 60+ products and offers commission-free trading.
- ECN RAW account: this account minimum deposit is also little which is equal with a standard account. The account offers more than 70+ trading products, flexible leverage as high as 500:1 and spreads starting from 0.0 Pips. The account charge commission US$3 per lot.
Both accounts offer fast trading execution and dedicated fiber-optic links to NY4.
Iress Account Types:
Here FP Market offers 3 types of account, all account have different term and conditions and features. All accounts offer a demo account version to learn and analyze the account version and trading platform.
At Iress account offers 3 types of CFD accounts: Standard, Platinum, and Premier.
All of these account types include:
- Free Iress Investor Fee
- No additional fee for telephone trades
- Free delayed data to all markets
Islamic trading account
Islamic account developed for avoid swaps or rollover interest. Due to religious reasons, some clients like to trade this account. A lot of broker doesn’t offer the account, but FP Market offers a special opportunity for their clients.
If a client wants to open an Islamic account, he/she have to open a MetaTrader (MT4/MT5) platform account, then he/she has to convert the account into an Islamic Account via a request on the client support center.
This account has a different admin fee in each lot trading, per night for different currency pairs. But the account is free of charge for the first five nights of trading.
And this account offers the same trading conditions and terms as a regular Metatrader account.
The FP Market offers 3 types of trading platforms including the most popular trading platform MT4 and MT5 and another one is IRESS.
There is available both web-trader and mobile trading platform. The web trading platform is available from any device, any internet, any operating systems and anywhere. Just need to open the website, log in with authorized account and start trading.
The broker offers desktop and mobile trading platforms also. Anyone can trade via desktop and mobile versions.
Desktop version is available for Windows PC and iMac computers and both MT4 and MT5 trading platform is available.
And the mobile version is also available for android and iPhone, there is also available MT4 and MT5 trading platform.
And the IRESS platform is suited for CFDs and shares traders. The IRESS has 3 platforms: the first one is IRESS Investor, the second one is IRESS Trader and the last one is IRESS Viewpoint platforms.
Easy funding & withdrawals:
The FP Market offers easy funding and withdrawals for their traders. They accept all common methods such as Credit/Debit cards( VISA and MasterCard), International bank wire, Domestic bank wire, Skrill, Neteller, PayPal, Fasapay, Paytrust88, Ngan Luong, PoliPay, BPay, Online Pay and Broker to Broker. Also they added 2 new payment methods recently- Directa24 (South American Countries) and Klarna.
A short key features list of FP Markets:
- Offer trade on consistently tighter spreads start from 0.0 pips
- Ultra-fast trade execution experience under 40 milliseconds^
- Top-tier liquidity and market-leading ECN pricing, 24/7
- NDD (No dealing desk) and no requotes model ever
We got the best client support when we checked. The FP Market offers multilingual customer support (more than 10 languages) and available 24/5.
Clients can contact via email, phone, website contact, live chat support, and fax.
Phone: The support phone number is 1300 376 233 for only Australians and this one +61 2 8252 6800 is for international Clients.
Fax: The Australian fax number is: (02) 8252 6899 and the international fax number is +61 (0)2 8252 6899.
Email: The support email address is [email protected]
We got the customer support representatives are well trained, knowledgeable and responsive. And the web live chat support is very fast, we got all reply in less than 1 minute.