FP Markets
Regulated By : ASIC
Headquarters : 
Australia
Min Deposit : 200 USD
US Clients :
Leverage : 1:500
Established Year : 2005
FP Markets Overview
Company Information
| Broker Details | Info |
|---|---|
Regulators
What Is Regulation?Forex regulation is therefore all about consumer protection. Regulated Forex brokers are less likely to cheat their clients and where such infractions happen, regulators are empowered by the laws of their respective jurisdictions to apply appropriate sanctions. |
ASIC |
| Country | Australia |
Base Currencies
What is Base Currency?In the forex market, currency unit prices are quoted as currency pairs. The base currency – also called the transaction currency - is the first currency appearing in a currency pair quotation, followed by the second part of the quotation, called the quote currency or the counter currency. For accounting purposes, a firm may use the base currency as the domestic currency or accounting currency to represent all profits and losses. |
AUD, USD |
Type Of Brokers
Broker TypesThere are two types of brokers: regular brokers who deal directly with their clients and broker-resellers who act as intermediaries between the client and a larger broker. Regular brokers generally are held in higher regard than broker-resellers. |
ECN, STP |
Trading Platform
What is Trading Platform?A currency trading platform is a software interface provided by currency brokers to their customers to give them access as traders in the Forex markets. This may be an online, web-based portal, mobile app, a standalone downloadable program, or any combination of the three. |
Desktop, Mobile, MT4 |
| Established Year | 2005 |
| Website Language | English, Chinese |
| US Clients |
Payment Option
| Method | Getway |
|---|---|
| Acc Funding Methods |  Wire transfer,  Visa Card,  Master Card |
| Acc Withdrawal Methods |  UnionPay, Wire transfer, Visa Card, Master Card |
Transaction Fees
| Getway | Fees |
|---|---|
| Wire transfer | 1% - 4% of the transaction amount |
| Visa Card | 1.9% - 2.9% of the transaction amount |
| Master Card | 1.9% - 2.9% of the transaction amount |
Trading Account Options
| Type | Info |
|---|---|
Maximum Leverage
Forex LeverageLeverage is the use of borrowed funds to increase one's trading position beyond what would be available from their cash balance alone. ... Forex traders often use leverage to profit from relatively small price changes in currency pairs. Leverage, however, can amplify both profits as well as losses. |
1:500 |
Mini Account
What Is Mini Account?A forex mini account is a foreign exchange (FX) account which allows beginner traders to enter the currency market using smaller size (mini lot) positions and trading quantities, thus lowering the funds at risk and limiting potential losses. |
|
| VIP Accounts | |
Segregated Accounts
What Is Segregated Account?Segregated account is an important term in the context of Forex trading in which a broker holds their client funds in segregated (separate) accounts that are different from the broker's core banking account. Segregated accounts are used to differentiate between the broker's working capital and its client investments. |
|
| Free Demo Accounts | |
Managed Accounts
What Is Managed Accounts?A managed forex account is where a professional trader/money manager manages the trading on the clients' behalf. The account is made up of a personalized portfolio owned by a single investor. The portfolio and account is handled accordingly to the investors needs. |
|
| Pro Account | |
| Minimum Deposit | 200 USD |
Islamic Account
What Is Islamic Account?An Islamic Forex account is a halal trading account that is offered to clients who respect the Quran and wish to invest in the Islamic stock market following the principles of Islamic finance. ... As Sharia law prohibits the accumulation of interest, traders with Islamic accounts do not pay or receive interest rates. |
Contact Information & Support
| Type | Info |
|---|---|
| Telephone No | +44 28 2544 7780 |
| [email protected] | |
| 24 Hours Support | |
| Support During Weekends | |
| Address | First Floor, First St. Vincent Bank Ltd Building, James Street, Kingstown, St. Vincent and the Grenadines |
| Website | https://www.fpmarkets.com |
FP Markets Trading Features
Suitable For
| Trader Level | Yes/No |
|---|---|
| Publicly Traded | |
| Beginners | |
| Day Trading | |
| Weekly Trading | |
| Professionals | |
| Swing Trading |
Spreads And Commission
| Trader Level | Yes/No |
|---|---|
Minimum Spreads
What Is Spreads?The forex spread is the difference between a forex broker's sell rate and buy rate when exchanging or trading currencies. Spreads can be narrower or wider, depending on the currency involved, the time of day a trade is initiated, and economic conditions. |
0.0 |
| Commission | |
| Fixed Spreads |
Trading Services
| Service | Info |
|---|---|
Hedging
What Is Hedging?Hedging with forex is a strategy used to protect one's position in a currency pair from an adverse move. It is typically a form of short-term protection when a trader is concerned about news or an event triggering volatility in currency markets. There are two related strategies when talking about hedging forex pairs in this way. One is to place a hedge by taking the opposite position in the same currency pair, and the second approach is to buy forex options. |
|
| News Trading | |
Scalping
What Is Scalping?Scalping in the forex market involves trading currencies based on a set of real-time analysis. The purpose of scalping is to make a profit by buying or selling currencies and holding the position for a very short time and closing it for a small profit. |
|
| Automated Trading | |
Indices
What Is Indices?The indices track the underlying prices of the currency pairs within that index. If the individual forex prices in that index increase, then the value of the index will go up. Conversely, if the individual FX prices decrease, then the value of that index will fall. |
|
Commodities
What Is Commodities?The commodity pairs, or commodity currencies, are those forex currency pairs from countries with large amounts of commodity reserves. ... Traders and investors looking to gain exposure to commodity price fluctuations often take positions in commodity currency pairs as a proxy investment to buying commodities. |
|
| Forex instruments | |
| CFDs | |
| ETFs | |
| Stocks | |
| Bonds | |
| Cryptocurrencey | |
| Trading Signals | |
| Educational Service | |
| Copy/Social Tradings |
Octa
Min.Deposit: 25 USD
Regulated: FSCA
Max.Leverage: 1:500
Country: Array
Apply Now View Full Review »
XM
Min.Deposit: 5 USD
Regulated: ASIC
Max.Leverage: 1:888
Country: Array
Apply Now View Full Review »
FXGlory
Min.Deposit: $5
Regulated: IFSA
Max.Leverage: 1:3000
Country: Array
Apply Now View Full Review »
XChief
Min.Deposit: 10 USD
Regulated: VFSC
Max.Leverage: 1:1000
Country: Array
Apply Now View Full Review »
InstaForex
Min.Deposit: $1
Regulated: FSC of BVI
Max.Leverage: 1:1000
Country: Array
Apply Now View Full Review »
jean Says :
I recently recovered my funds back from a broker that ripped me off. I hired a refund solution firm to get my money back. Very pleased with the results. jeanjarvis02atgmaildotcom
Tom Says :
I have an account with FP Markets and the main advantage compared to the other brokers is the number of Instruments available to Trade, I believe they have over 10000 different products.
Even though i mainly trade Forex with them, they have a huge list of global stocks and commodities to trade with
Vince Says :
Out of the brokers that I’ve used in the past, FP Markets are the best for scalping as their spreads are lowest and commission per lot are lower than the competitors.
Lukas Says :
I’ve recent started trading with FP Markets recently , it’s only been around 2 months now. Only scope of improvement for them would be to add more local funding method, I had to do a bank wire as my local credit card was not accepted for some reason.
Jason Says :
Been trading live for a while and must say not bad with spreads and executions.
Good and reliable broker as well.
Otavio Says :
I currently use FP Markets, would recommend them. Better spreads and lower commission compared to other similar ECN brokers.
Elvin Says :
Even though i mainly trade Forex with them, they have a huge list of global stocks and commodities to trade with. FP Markets is regulated by ASIC and are in operation since 2005
Marcel Says :
I trade using FP Markets (Raw spreads ECN account) mainly because of their robust trading conditions.I had no issues with spread widening even when the markets have been choppy over the last couple of months. In general, they one of the top brokers with 15 years of experience and a ASIC regulation
Xazvier Says :
I currently trade with FP Markets, its an reliable broker regulated by ASIC and has been active since 2005.Been trading over a year with them and they provide really low spreads (ECN account) which starts from 0.0 pips and in general have great Trading conditions.