FP Markets: a comprehensive review

Regulation and security

FP Markets is regulated by regulatory authorities including the Australian Securities and Investments Commission (ASIC) and FSCA. The company also claims to be licensed by CySEC, but there is no information about FP Markets on the regulator’s website. The broker uses modern technologies to protect client data and funds, including encryption and segregation of funds, which helps protect clients’ investments.

Trading instruments

FP Markets offers a wide range of trading instruments. This allows traders to diversify their investment portfolios and use different trading strategies. The variety of instruments enables clients to identify profitable opportunities in various markets and effectively manage risks.

Available assets include:

• Currency pairs
• Shares
• Metals
• Commodities
• Indices
• Cryptocurrencies
• Bonds
• ETF

Account types and fees

FP Markets provides several account types including Standard and Raw. Standard offers spreads from 1.0 pips with no commissions, which is suitable for beginners. Raw offers spreads as low as 0.0 pips with a commission per trade, which is suitable for experienced traders and scalpers. The fee structure is transparent, making it easy for traders to understand their costs. Zero swap accounts are also available for traders who do not want to pay swaps to roll over positions overnight.

Standard

Min. deposit: 100 AUD

Leverage: 1:500

Spreads from: 1 pip

Commission: 0 USD

Raw

Min. deposit: 100 AUD

Leverage: 1:500

Spreads from: 0 pips

Commission: 3 USD per side

Platforms

FP Markets provides access to the popular trading platforms MetaTrader 4, MetaTrader 5 and cTrader. These platforms offer a wide range of analysis and trading tools and also support automated trading strategies. Mobile versions of the platforms are also available, allowing you to trade on the go.

Education

FP Markets is actively developing educational resources, offering clients a wide selection of materials, including webinars, video tutorials and articles. These resources are suitable for both beginners and experienced traders looking to improve their trading skills and knowledge. Webinars and seminars are held regularly and cover various topics related to trading and market analysis.

Advantages and Disadvantages

Pros:

• Wide range of trading instruments
• Transparent commission structure with competitive spreads
• Access to popular trading platforms MetaTrader 4, MetaTrader 5 and cTrader
• Extensive educational resources for traders of various levels

Cons:

• Commissions on Raw account can be high for traders with low trading volumes
• Regional differences in trading conditions

Summary

FP Markets is a reliable international broker offering a wide range of services and trading opportunities for traders of different levels. Its transparent fee structure, variety of account types, and access to popular trading platforms make it an attractive choice for many traders. Overall, FP Markets offers a good trading and learning environment suitable for both beginners and experienced traders.