FP Markets Review: | for 2023
This FP Markets review has been updated for 2023 by industry experts with years of financial experience in Forex, CFDs, & Social Trading. We have worked to gather hundreds of data points about FP Markets to give you the most comprehensive guide available.
FP Markets is a world class broker that was founded in 2005. They have around 95 staff that help the company provide Retail forex trading, Contract for Difference, to 10,000+ clients through MT4, MT5, IRESS, Mac, Web Trader, Tablet & Mobile apps.
FP Markets Guide – Read our In-Depth FP Markets Review
FP Markets Rating: 5.85 / 10
This FP Markets review page contains information about investing with FP Markets. It is intended for educational purposes only and should never be considered financial advice. comparebrokers.org is not a brokerage or advisory service. We do not recommend or advise that investors buy or sell securities or stocks.
All of the information about the brokers you see reviewed on comparebrokers.org come from our partners, some of whom we have an affiliate relationship with. These partners do not control the content on the page beyond providing us with datapoints to ensure that (as far as possible) the information in our database is accurate. The datapoints provided are used to calculate a rating based on what we beileve has the most benefit to their users. Our proprietary rating algorithm takes all of the datapoints to generate the rating. This keeps things fair and removes human bias to ensure that our users can compare brokers easily and find the best ones for their needs.
Please note that due to regulations, the content in this review of FP Markets does not apply to users in Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
This FP Markets review contains the most recent info surrounding FP Markets.
If you're new to the world of trading online and brokers, so many nuances will no doubt be perplexing for you. Getting into the area of online trading requires expert analytical skills and comprehensive understanding. You will get proficient at all of the concepts of trading online and brokerages as you keep trading. For starters, you have to choose the right agent who'll always be transparent with you.
Within this fast-paced world of stock markets and trading, you'll need guidance to make educated decisions. A professional, direct investment plan could help you in minimising any losses and maximising any profits. FP Markets is one such broker that will assist you. It is important to learn all you can about any broker before you trust them with your cash.
When engaging in online trading with platforms such as FP Markets, it's crucial to thoroughly evaluate FP Markets as your broker, as this choice can determine your success. Selecting the right broker is vital for your FP Markets investments to prosper. However, be cautious of fraudulent and untrustworthy brokers hiding in the shadows, ready to exploit naive traders.
It's essential to be cautious and methodical in your FP Markets broker selection to protect your hard-earned money. Performing your due diligence and researching the credibility of FP Markets, its track record, and reputation is vital. Moreover, ensure the FP Markets broker's offerings, trading tools, fees, and regulation align with your preferences.
Remember, FP Markets should be a supportive ally on your trading journey.
Our team has strived to simplify the intricate world of trading with FP Markets into easily understandable information in this FP Markets review. Our goal is to equip you with the knowledge necessary to confidently use FP Markets trading tools, ranging from depositing and withdrawing funds to executing trades.
We recognize that well-informed decisions with FP Markets are the cornerstone of successful trading. As such, we've provided this comprehensive FP Markets review. So, settle in, grab a cup of coffee, and immerse yourself in learning about FP Markets and how it can work to your advantage, or if FP Markets might not be the right fit for you.
FP Markets Guide for 2023 – Brief Summary
| FP Markets Telephone: | +44 28 2544 7780 |
| FP Markets Support Email: | supportteam@fpmarkets.com |
| FP Markets Address: | First Floor, First St. Vincent Bank Ltd Building, James Street, Kingstown, St. Vincent and the Grenadines |
| Year Founded: | 2005 |
| Regulated By: | Australian Securities and Investment Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC) |
| Hedquarters: | Australia |
| Minimum Deposit: | $100 |
| Number Of Clients: | 10,000+ FP Markets users and traders |
| FP Markets LinkedIn: | https://www.linkedin.com/company/fp-markets/ |
| FP Markets Facebook: | https://www.facebook.com/FirstPrudentialMarkets/ |
| FP Markets Facebook Likes: | 388,658 |
| FP Markets Twitter: | @FP_markets |
| FP Markets Twitter Followers: | 3,034 |
| FP Markets Instagram: | https://www.instagram.com/fpmarketsofficial/ |
| FP Markets Instagram Followers: | 7,369 |
| FP Markets Youtube: | https://www.youtube.com/user/fpmarkets |
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Losses can exceed deposits |
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Our full FP Markets review for beginners covers all you need to learn about trading with FP Markets. A good broker can use your first investments and help to protect it from losses but also give you a platform that can help to give you favourable profits. If you want to earn profits, you should trade with a brokerage service that aligns with your investment goals.
Of course, there is no sure-fire method to ensure profits; thus, you should carefully analyze your agent before you select them. It's a common misconception that all brokers are the same, but that is not true. Wrong judgment, initially, can put your investments in danger.
FP Markets is a trading partner which has paved its way successfully into the brokerage world. In this review, we have tried to collate some of the vital facets of FP Markets. This guide can allow you to learn whether FP Markets is a fantastic match for your investments or not. We've tried to breakdown all the features and charges for your advantage.
Who are FP Markets?
FP Markets is a forex broker headquartered in Australia and provides a range of tools for trading. Since its inception in 2005 they have emerged as a leading player in the field of online trading. FP Markets has an extremely competitive and full-featured trading site that's focused on forex, indices, metals, stocks and commodities.
Over the past 18 years, FP Markets has developed into one of the best online brokers available to the public.
After establishing itself in 2005, their customer base has become as large as 10,000+ clients.
FP Markets is a favourite for many stock dealers because of its negative balance protection. Our FP Markets account review discovered that they are a professional choice for online trading solutions. They are most appropriate for investors who are looking for a variety of assets. Social and easy to use trading solutions are the core at FP Markets.
Technology plays a significant role in FP Markets. They features trading on MT4, MT5, IRESS, Mac, Web Trader, Tablet & Mobile apps. FP Markets is honest, transparent, and a well-regulated agent by the Australian Securities and Investment Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC). Their outstanding array of resources will be beneficial for the majority of traders. Third-party partnerships also provide in-house analysis.
Who Founded FP Markets?
The founders of FP Markets are Matthew Murphie
The founders of FP Markets are known for their expertise in the sphere of online trading. However, there are a lot of other key staff at FP Markets who have a significant contribution to it's success.
The educational department at FP Markets is quite insightful for new traders as it permits them to get a closer look in the financial markets. FP Markets caters to all sorts of traders and are a must-have broker for almost any well-diversified approach to online trading.
FP Markets Review Videos
Benefits of online trading with FP Markets in 2023
Trading with FP Markets comes with numerous benefits. These benefits are what sets FP Markets ahead of the rest of the online agents. You should check all of the benefits listed so you have a better understanding of FP Markets.
The agent goes to great lengths to comprehend what dealers need. As a result, the support, fast, and convenient. The broker also gives a variety of programs for all types of traders. FP Markets ensures that the individual needs of all online traders are met to the best of their ability.
FP Markets also features excellent trading conditions that are available to all and not only an elite group of institutional clients. The tight spreads and quick executions are a fantastic advantage for all traders. The technology embraced by FP Markets is of the maximum caliber, ensuring that it's fast, reliable, and efficient.
FP Markets admits the importance of owning a fast order execution. A quick implementation enables users to exchange without worrying about slippage safely. It will also help the traders to catch any opportunities.
Copy trading is another important aspect of FP Markets. A new dealer can learn from business experts utilizing the automatic copy trading alternative. This allows you to see well performing brokers and instantly copy their trades and benefit from their experience
To build a strong community of traders and investors, and to encourage successful traders to share their wisdom, FP Markets offers social trading which encompasses leading traders sharing their knowledge with the community. FP Markets's social trading platform allows traders to share their expertise with others to build a community of investors and traders. What stocks they are monitoring, what to buy, what to sell. This allows intermediate traders to absorb the expert knowledge and make their own trades based off it. It is a more independent version of copy trading
FP Markets has over 100 trading instruments to support all types of traders. These tools are dynamic and convenient for both new and experienced traders. All dealers can put aside all their worries when trading with FP Markets.
FP Markets Overview
Year Founded: 2005
Regulated By: Australian Securities and Investment Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC)
Hedquarters: Australia
Minimum Deposit: $100
Number Of Clients: 10,000+
Losses can exceed deposits
If you feel that FP Markets is not right for you then at the bottom of this FP Markets review you will find a lot of alternatives to FP Markets.
Everything you should know about trading using FP Markets
FP Markets is a lively platform that offers various methods of trading online. These instruments cover the monetary markets considerably. Most of the brokerage platforms provide fewer methods than FP Markets
If you wish to trade with FP Markets, you'll require a minimum deposit of $100. This deposit is mandatory if you want to begin trading using FP Markets. This 2023 FP Markets review will direct you safely about trading with them.
FP Markets is as flexible as another brokerage platform. FP Markets is great for traders who want a manageable selection of cheap services. The platforms provided by FP Markets are third-party, white-label offerings. All traders can choose out of MT4, MT5, IRESS, Mac, Web Trader, Tablet & Mobile apps
Along with everything, FP Markets has multiple benefits to new and verteran traders and should be investigated. There is no minimum time on which a trade must be kept open. The agents provide premium customer service that rewards clients with benefits.
Many less reputable brokers try to pressurise consumers into bigger financing for premium services. FP Markets, however, is more concentrated on trading volume. Dealers can expect trading conditions to be reasonable, honest and transparent. The more lots traded by the consumer, the more benefits will come along.
FP Markets accounts are available globally and provides excellent service everywhere they have clients. There are some select few countries where FP Markets accounts are not available. Traders in the following countries cannot open or use a FP Markets account:
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Is FP Markets Safe To Trade With In 2023?
Launched in 2005, FP Markets has been in operation for 18 years, they have a head office in Australia
FP Markets is regulated by Australian Securities and Investment Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC). These bodies have rules that mandate that trading platforms have ploicies in place to keep investor's assets procured. This usually means that FP Markets users don't need to worry about their money as it's segregated and safely kept in established banks. SSL encryption secures every user's personal information also.
You can make use of an option for Two Factor Authentications (2FA) with FP Markets for heightened security. An SMS for the confirmation code will be sent to a mobile phone. You'll be required to enter this code to log in to your account.
Another concern with online trading brokers is in respect to safety may be manipulation of trading. This is highly disadvantageous to users on these platforms. However, this is more prevalent in the example of Market Maker agents who compete with users on the stage.
FP Markets Risk Disclaimer
Losses can exceed deposits
Pro's & Con's Of Trading With FP Markets
Every online trading platform has a few pros and cons FP Markets review would be complete without having a balanced approach. This FP Markets review covers both the pros and cons you need to know before you make an account. A comparative analysis can put things into perspective so that you are aware of what to expect.
FP Markets Pro's
FP Markets is regulated by Australian Securities and Investment Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC).
FP Markets has been trading for 18 years.
FP Markets offers customer support over the phone.
FP Markets provides customer support over email.
FP Markets gives access to customer support over livechat.
FP Markets is an award winning broker.
FP Markets offers negative balance protection.
FP Markets doesn't charge withdrawal fees.
FP Markets doesn't charge inactivity fees.
You can trade Cryptocurrencies with FP Markets.
FP Markets offers social trading.
FP Markets offers copy trading.
FP Markets allows scalping.
FP Markets allows hedging.
FP Markets allows commodity trading.
You can trade metals with FP Markets.
You can trade energies with FP Markets.
FP Markets Con's
FP Markets is not highly rated by us. FP Markets doesn't offer guaranteed stop loss.Compare Brokers Similar To FP Markets
Regulation And Licencing In More Detail
FP Markets is regulated by Australian Securities and Investment Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC).
FP Markets, as a company, has a strong set of rules for ensuring honest trading onto its own platform. For information encryption functions, it supplies an industry-standard secure socket layer (SSL).
In accordance with the company's privacy regulations, customer information is to not be shared with some other institutions or individuals. Including credit history and other financial information.
FP Markets Awards
FP Markets have won several industry awards over the time they have been operating as an online trading platform. We detail the most recognised awards for FP Markets here.
- In 2019 FP Markets was awarded Best Global Forex Value Broker Award at the Global Forex Award held in Limassol, Cyprus.
- In 2020 FP Markets was awarded Forex and CFDs broker with the ├óÔé¼┼ôBest for Quality of Trade Execution in 2019├óÔé¼┬Ø.
FP Markets Trading Platforms
FP Markets are a trustworthy trading platform that has been open for over 18 years. They offer a large range of options in their user accounts.
Below we take the main parts of any reputable broker and compare FP Markets with Startrader, and freetrade.
FP Markets MetaTrader 4 (MT4)
MetaTrader 4 also known as MT4 is one of the top trading platforms on the planet and has been in active use on financial markets since 2005. The MetaTrader 4 software delivers a feature-rich, user-friendly interface and an extremely customisable trading environment, designed to cover all your trading needs and boost your trading performance. Charting functionality and advanced order management tools make certain you could monitor your positions quickly and economically.
The MetaTrader 4 (MT4) trading platform was developed primarily to trade Forex but you can also trade other types of financial instruments through CFDs and Spread Betting. You will not be able to trade Stocks, Indices, Commodities, ETFs, Futures on any MetaTrader 4 (MT4) platform unless they are CFD contracts or Spread bets. You will not own any underlying assets with CFDs or Spread bets as you are speculating on price movements.
You can start using the MetaTrader 4 platform with FP Markets in multiple formats including through an online web platform, or through a downloadable application for Windows PC's and Mac's. FP Markets MetaTrader 4 is compatible with the latest macOS. FP Markets allows traders to trade on mobile devices through Android and iOS devices.
Metatrader 4 Webtrader and FP Markets
MetaTrader 4 is the most popular trading platform in the world as most and more traders begin to trade online Metatrader 4 is available as a web based application available through your web browser. MetaTrader 4 web software provides the same easy to use performance as the desktop version using advanced charting, a highly customisable trading environment, easy to access online trading tools and many different indicators.
Trading With FP Markets MetaTrader 4 On iOS Devices
You can download the FP Markets app or also trade with FP Markets through the MetaTrader 4 application on the Apple app store.
Download the FP Markets MetaTrader 4 Program free of charge from Apple's App Store. FP Markets customers have instant access to the Financial markets, with the ability to completely manage a Portfolio on the go.
Trading With FP Markets MetaTrader 4 On Android Devices
Andorid mobile devices and tablets are used by millions of people globally. FP Markets provides its clients access to the MetaTrader 4 platform on Android supported devices so that their 10,000+ customers can monitor the financial marketplace and trade directly from their Android-based Smartphones and tablets. The Android FP Markets MetaTrader 4 application enables traders to make the most of multiple advanced trading features which enables them to monitor and trade quickly on the go, simply and securely.
Minimum Deposit Required
The minimum deposit you must deposit to begin on FP Markets is $100. This is a decent amount for those just starting out. You can make more advanced deposits as you go along. But, make certain you understand how to make the most of your money before investing in larger sums.
Commission And Fees Explained
FP Markets is an online broker platform, and most online brokerages charge lower fees than traditional brokerages tend to bill. The reason for this is that the businesses of online brokerages are scaled better. That is, an internet broker isn't necessarily influenced by the amount of clients they have.
But this does not necessarily mean that online brokers don't charge any fees. They charge prices of varying rates for a variety of services to make money. There are mainly 3 types of penalties for this objective.
The first kind of charges to keep an eye out for are trading fees. Whenever you make a genuine trade, like purchasing a stock or an ETF, you're billed trading fees. In such cases, you are spending a spread, funding speed, or a commission. The sorts of trading charges and the prices differ from broker to broker.
Commissions could be fixed or dependent on the traded volume. On the other hand, a spread denotes the gap between the buying and selling cost. Funding or overnight rates are people who are charged when you maintain a leveraged position for more than daily.
Apart from trading fees, online brokers also bill non-trading fees. These are determined by the activities you undertake in your accounts. They're billed for operations like depositing money, not investing for lengthy periods, or withdrawals.
Generally, FP Markets doesn't charge high fees compared to other online agents. For operations other brokers fee for, they either do not charge a broker fee, or they charge a smaller sum. This can be beneficial for people who often trade, such as daily or weekly trading.
However, non-trading fees billed by FP Markets are comparatively lower. Consequently, you are charged more for non-trading activities on your trading accounts, such as deposits and withdrawal. These are not about the purchase and sale of resources.
This FP Markets review breaks down every one of the relevant non-trading fees for you in detail.
Compare Broker Fees Of FP Markets
FP Markets Withdrawal Fees Explained
FP Markets doesn't charge withdrawal fees.Withdrawal of cash is possible at any time from your FP Markets account. It's possible to draw up sums to the sum of your account balance, keeping aside the perimeter utilized. One thing to keep in mind is that you don't necessarily need to have any cash on your account.
Moreover, the withdrawn money will be moved directly to the accounts you use to make deposits. Thus, if you used a credit card for deposits, then the withdrawn cash is going to be sent to the cardFP Markets will ask you to provide other withdrawal methods in case your details have changed since your deposit.
There is a minimum withdrawal amount. In the event you are withdrawing cash in various currencies from USD, a conversion fee is also important. The conversion fee will depend on the money you're opting to withdraw in.
FP Markets Inactivity Fees Explained
FP Markets doesn't charge inactivity fees so you are free to use your account as needed
Even if no charges have been implied by FP Markets, it's best for you to close the account if you're inactive. Inactivity fees are not just charged by broker companies but also many financial services.
For other trading platforms, the inactivity fee depends on the sort of account you've chosen. The inactivity fee is exposed to a lot of conditions and should be disclosed clearly by the broker beforehand.
FP Markets Deposit Fees Explained
When you transfer money in your trading account from the bank account, a deposit fee can be charged by the broker. Most brokers don't charge too much money for this operation.
FP Markets charges a deposit fee for transferring money into your trading account.
Depositing cash on the FP Markets trading platform is easy. You just need to complete a single-user profile questionnaire to start depositing money into your trading account. You'll have to provide an identity evidence and evidence of residency to deposit substantial sums.
Compare FP Markets Vs Other Broker Deposit Methods
What Can You Trade With FP Markets in 2023?
Note: FP Markets offers a lot of different trading instruments due to regulatory restrictions in many countries. Trading instruments offered can differ based on the country of residence of the client.
FP Markets has a wide variety of over 100 instruments available for you to trade with.
If trading currency pairs is of interest to you then FP Markets offer over 60 currency pairs.
Compare FP Markets, Startrader & freetrade below.
FP Markets Trading App Review
Note: FP Markets's mobile app has many functions and is being constantly improved. The below information was accurate at the time of compiling this FP Markets broker review.
Understand the capabilities of the mobile apps of FP Markets, Startrader & freetrade below.
Trading Education Available At FP Markets
Understand the trading resources available with FP Markets, Startrader & freetrade below.
FP Markets Customer Support
For our FP Markets broker review we tested the customer service options, response times and on the FP Markets trading platform problem solution effectiveness. FP Markets supports many languages, including
FP Markets Live Chat Support
We have tested the live chat on FP Markets and it works well. We made a request to FP Markets livechat via their website and app and recieved a response within 20 seconds. There was sometimes no response.
We tried communicating through FP Markets support in a variety of languages across multiple countries. FP Markets were capable of resolving our client's issues.
FP Markets Phone Support
We called FP Markets and the call was answered extremely promptly. We were able to have the call answered in less than five to ten minutes.
The FP Markets phone support team was able to successfully address our questions and concerns over the phone. We tried the multilingual FP Markets team by calling them in various languages. FP Markets made an effort to make sure that our questions were addressed.
The overall phone support provided by FP Markets was okay.
FP Markets Email Support
We sent several messages to FP Markets and responses were generally acceptable. The fastest email response from FP Markets was 4 hours, while the slowest response was 12 days! There were times when there was no response. Support response times may vary for you at FP Markets, but this was our experience sending 10 emails at varying times.
The team resolved and answered our queries. Overall average email support from FP Markets was acceptable.
Alternatives To FP Markets
If, after studying this FP Markets review, they do not fulfill your needs check out these FP Markets alternatives.
We've scoured the web to find the best alternatives to FP Markets. Click the hyperlinks below to find out more.
Frequently Asked Questions
Can I try FP Markets before I buy?
Absolutely! you can most definitely try FP Markets before you buy. FP Markets provides demo accounts for the convenience of beginner traders. You can use this feature to build your faith in the machine as well as yourself and your trading strategies.
If you register for a demo account with FP Markets, you will set out with a decent amount of virtual currency. It's to establish a feeling of safety and confidence in you before you decide to invest your own money.
With this digital FP Marketsdemo account, you are able to experiment at all, to whatever period you desire. You can even start positions, examine different trading strategies, and more.
FP Markets specifies on its official site how you are able to trade real time stocks with your demo account.
Is FP Markets safe?
You can drop all your worries since we believe that FP Markets is completely safe to use. It's in compliance with all the principles of Australian Securities and Investment Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC).
Nevertheless, FP Markets doesn't give assured stop-loss protection.
Why does FP Markets ask for my passport?
The reason that FP Markets asks for your passport when you open a live account is to ensure that it remains within the rules of its regulated bodies. Because there is a lot of money moving around the world, FP Markets has to be careful that they don't breach any money laundering laws and part of that is know as KYC (Know your customer). This means that at all times, FP Markets must know exactly who they are dealing with so that if there is any investigation they are comfortable that they are well within the law.
How can I start trading with FP Markets?
The process to start trading with FP Markets is super simple. You need to begin by signing up on the FP Markets website. It will require you to fill in details pertaining to the credibility and security of your account. You will probably also have top go through the standard KYC (Know Your Customer) checks but FP Markets are normally pretty quick with this.
Once you are done setting up your profile, you must deposit a minimum amount to get started. The minimum deposit for a live account with FP Markets is $100. You should have a good {understanding of|hold over} the {details|nuances} of online trading before you set out and trade with real money as losses can exceed deposits.
If you are confident of your knowledge and understanding, you can open an account with FP Markets.
The best way to kickstart your trading career with FP Markets is to open a demo account facility before risking any real money
What funding methods do FP Markets accept?
There are multiple ways to finance your account with FP Markets. The process is effortless and quick, with different payment methods in your fingertips.
You can use credit or debit cards Which range from Visa, Diners, and Maestro to MasterCard and Visa Electron. PayPal can be at your disposal for depositing funds. You must keep in mind that PayPal isn't available in all country. The monies FP Markets accepts for deposit are USD, GBP, AUD, EUR, NZD, CHF, ZAR, SGD, JPY, CAD.
Other deposit techniques you can embrace are Neteller, Skrill, Rapid Transfer, and iDeal. Besides online banking, wire transfer is a possibility as well, even though it takes approximately 4-7 days.
Is my money safe with FP Markets?
Yes, your cash is safe and secure with FP Markets. As you know, FP Markets operates with good conformation to regulations. It's established plenty of steps to protect all of its investors.
FP Markets safeguards its clients' private and sensitive information under SSL encryption. Your capital will be kept highly secure in top-tier banks.
If you want to further safeguard your account, you can empower Two-Step Verification also. It requires an SMS affirmation for you to access your accounts.
Is FP Markets trading good?
Yes, trading through FP Markets is a nice and good experience indeed. It's a great and intuitive platform with useful features for your ease. In addition, you could also obtain access to a vast selection of educational tools and assistive substance to kickstart your trading experience.
If you are still skeptical, it is possible to start a eToro demo account and assess the credibility of the platform on your own.
Which Countries do FP Markets support?
FP Markets operates across the globe. However, due to regulations FP Markets can't accept clients resident in Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Is FP Markets legit?
FP Markets is a legit company headquarted in Australia since 2005. They are regulated by Australian Securities and Investment Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC). FP Markets is an acclaimed fintech company, which operates with transparency. You will not have to bear any hidden costs or be a victim to any scams.
Is FP Markets a good broker?
FP Markets is a great agent, and its own users can vouch for it. The highlight of the platform is its fast order execution on trades.
You will discover the clean layout of the platform along with the commendable features that are pleasant to work with.
Is FP Markets a trustworthy broker?
Yes, FP Markets is a trustworthy broker. Top-tier financial authorities regulate all operations. Over 10,000+ users registered with them can affirm to their trustworthy nature.
What is the minimum deposit for FP Markets?
The minimum deposit to open a live account with FP Markets is $100
How long do FP Markets withdrawals take?
Normally, withdrawal of money from FP Markets is actioned within a couple of working days but depending on the withdrawal method chosen, it could take up to 7 working days for a withdrawal from FP Markets to show in your bank account and withdrawls are available in any of the following currencies.
USD, GBP, AUD, EUR, NZD, CHF, ZAR, SGD, JPY, CAD
Is FP Markets regulated?
FP Markets are regulated by Australian Securities and Investment Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC)
Is FP Markets a market leading broker?
FP Markets is currently among the industry leaders. It has over 10,000+ registered users and over 18 years of experience on its own record. They're among the world's top trading platforms and also a prominent figure in the Fintech revolution.
It simplifies this status to its incredible platform and wide selection of tools plus resources so you can invest in capital markets.
Is FP Markets a con?
No, FP Markets is not a con. They are regulated by Australian Securities and Investment Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC) and must adhere to their rules. Thus, it is safe to say that FP Markets is not a scam.
Can you make money with FP Markets?
Through FP Markets, several traders earn a great deal of cash. However, just like all online brokerages, it is important to note that traders can also lose money. In particular, Losses can exceed deposits
This may seem like a little number, but over the year, this adds to a substantial number of gains. Even though FP Markets supply you all the tools to make money, they can't guarantee that you will profit.
Does FP Markets have fees?
Yes. To begin trading using FP Markets, you have to deposit $100. Certain commissions while trading additionally apply. Any processing fees from your bank might have to be incurred by you.
When was FP Markets founded?
FP Markets was founded in 2005 in Australia. FP Markets is regulated by Australian Securities and Investment Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC).
How many people use FP Markets?
FP Markets is a globally recognised broker with 10,000+ customers.
Where is the FP Markets head office?
FP Markets has its head office in Australia
Does FP Markets offer negative balance protection?
Yes, FP Markets has Negative Balance Protection. It is especially offered when the industry volatility keeps customers from allowing their accounts go in the red. In a situation like this, FP Markets offers the ability to reset a clients account balance to zero.
You can go through the critical stipulations on FP Markets's site to comprehend their policies.
Does FP Markets offer guaranteed stop loss?
FP Markets, regrettably, doesn't provide guaranteed stop loss. FP Markets gives an opportunity for its traders to close their trade at their given price. Aside from that, FP Markets does not provide guaranteed stop loss.
Does FP Markets allow scalping?
Yes, FP Markets does allow scalping. Several traders across the world choose FP Markets due to their services that are trading. They offer trading on MT4, MT5, IRESS, Mac, Web Trader, Tablet & Mobile apps which allow this.
Does FP Markets allow hedging?
Yes, FP Markets does allow hedging.
Can you trade energies with FP Markets?
Yes, you can trade energy stocks with FP Markets
Can you trade agricultural shares with FP Markets?
Yes, you can trade agricultural stocks with FP Markets
Can you trade cryptocurrency with FP Markets?
Yes, you can trade cryptocurrency with FP Markets
Can you trade metals with FP Markets?
Yes, you can trade metals with FP Markets
Can you trade UK Shares with FP Markets?
Yes, you can trade UK shares with FP Markets
Can you trade US Shares with FP Markets?
Yes, you can trade US shares with FP Markets
Can you trade Japanese Shares with FP Markets?
Yes, you can trade Japanese shares with FP Markets
Can you trade German Shares with FP Markets?
Yes, you can trade German shares with FP Markets
Does FP Markets accept bank transfers?
Yes, FP Markets accepts bank transfers for depositing money.
Does FP Markets accept credit cards?
Yes, FP Markets accepts credit cards for depositing money.
Does FP Markets accept PayPal?
Yes, FP Markets accepts PayPal for depositing money.
Does FP Markets accept Skrill?
Yes, FP Markets accepts Skrill for depositing money.
Skrill (formerly Moneybookers) is a digital wallet company that was founded in 2001 which provides a variety of payment options online and money transfer services.
Since its inception, Skrill has expanded to operate in over 120 countries and has a digital wallet available in 40 different currencies. Customers can upload money to their Skrill wallet by using a variety of payment options , including bank transfer, card as well as a variety of alternative payment options. The funds can later be used to pay for merchants as well as other Skrill users, or transferred to cryptocurrency.
Skrill also provides cross-border payment through its remittance service Skrill Money Transfer. The service enables customers to transfer funds to an account at a bank overseas with their bank card. In 2015, Skrill was acquired by the Paysafe Group along with former competitor Neteller and prepaid payment provider paysafecard.
Skrill holds a number of licenses that allow it to provide its services in Europe and globally. Skrill is run via Paysafe Payment Solutions Limited, a company incorporated in Ireland and is regulated by the Central Bank of Ireland, for its European controlled activities. Skrill's operations outside the European Economic Area are operated by Skrill Limited - a company that is incorporated within the United Kingdom and regulated by the Financial Conduct Authority.
Does FP Markets accept Payoneer?
No, FP Markets does not accept Payoneer.
Does FP Markets accept Neteller?
Yes, FP Markets accepts Neteller for depositing money.
Does FP Markets offer Live Chat customer support?
Yes, FP Markets offers customer support through live chat.
Does FP Markets offer phone customer support?
Yes, FP Markets offers customer support over the telephone.
Does FP Markets offer email customer support?
Yes, FP Markets offers customer support through email.
What languages can FP Markets communicate in?
FP Markets has the ability to communicate and support customers who speak:
Does FP Markets have a wikipedia page?
Yes, FP Markets does have a wikipedia page. It can be found at https://en.wikipedia.org/wiki/First_Prudential_Markets
Does FP Markets offer demo accounts?
Yes, FP Markets offers virtual portfolio accounts so you can test your trading strategies before risking any real money. New traders can open a demo account in order to better understand the areas of Forex trading and test out some of the features before signing up for a live account.
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