Forex Brokers

MT4/MT5, PAMM Accounts, Autochartist, TradingCentral, 60 Forex pairs, and a wide variety of CFD products.

FP MARKETS REVIEW SUMMARY

• Broker Type: ECN/STP (GMT+3 server time)

• US Traders: NO

• FP Markets Regulation: FP Markets is regulated by the CySEC (Cyprus) and ASIC (Australia)

• FP Markets Platforms: MetaTrader-4, MetaTrader-5, and WebTrader

• Mobile Trading: Trading App for iOs and Android

• Automated Trading & Scalping: YES (Fully)

• FP Markets Assets: 60 Forex Pairs, shares, indices, bonds, commodities, ETFs, and Cryptocurrencies

• FP Markets Minimum Account: $100

• Funding Methods: Cards, Wire, Skrill, Neteller, FasaPay

• Freebies: Autochartist, Free Education, and Trading Signals (TradingCentral)

» FP Markets Real Account | » FP Markets Demo Account

FP MARKETS RATING SCORE

This is the Rating Score of FP MARKETS:

FOREX BROKER RATING	(MAX 100%)
FP MARKETS FUNDS SAFETY	26.81%
FP MARKETS TRANSACTION COST	22.50%
FP MARKETS TRADING OPTIONS AVAILABLE	19.75%
FP MARKETS TECHNOLOGY	14.75.%
OVERALL RATING	83.81%
TRADING EXPERIENCE
FP MARKETS FOR FOREX BEGINNERS	81.21%
FP MARKETS FOR ADVANCED FOREX TRADERS	75.92%
FP MARKETS FOR PROFESSIONAL FOREX TRADERS	73.43%
TRADING STYLE
FP MARKETS FOR INTRADAY TRADERS	75.13%
FP MARKETS FOR SWING TRADERS (MID-TERM)	77.31%
FP MARKETS FOR CARRY TRADERS (LONG-TERM)	81.84%

The full FP MARKETS.com Rating Calculations here: » FP Markets Full Rating Score

 

FP MARKETS FULL REVIEW

INTRODUCTION TO FP MARKETS

FP Markets is an ECN/STP Forex broker established in Australia:

□ FP Markets Headquarters: Sydney, Australia

□ FP Markets Regulation: ASIC (AFS License No: 286354) and CYSEC (License No: 371/18) 

□ FP Markets Foundation: 2005

□ FP Markets Account Segregation: YES {FP Markets provides segregated accounts for all account types}

□ Compensation in case of insolvency: Only for CySEC clients {up to 20,000 EUR through ICF}

 

FP MARKETS ASSET INDEX

FP Markets offer a wide Forex asset index plus several assets via CFDs and crypto trading:

Forex Trading

• 60 Forex currency pairs
• Scalping and trading with Expert Advisors are allowed
• Trading leverage up to 30:1

CFD Trading

• 650+ stocks on global exchanges

•  9 Major Global Indices and 6 Non-Major Global Indices

•  Commodities CFDs (Coffee, natural, gas, corn, and more)

•  Metals CFDs (Gold, oil, silver, and more)

•  

  200+ ETF CFDs

Cryptocurrencies

• Crypto CFDs (Bitcoin, Ethereum, Ripple, Bitcoin Cash, Litecoin, and more)

 

FP MARKETS FOREX TRADING SPREADS

These are some typical spreads on the STP account where there are no trading commissions:

■ 1.20 pip trade spread on EURUSD

■ 1.60 pip trade spread on GBPUSD

■ 1.46 pip trade spread on USDJPY

 

FP MARKETS TRADING PLATFORMS & TECHNOLOGY

FP Markets offers the MetaTrader platform in two versions:

□ FP Markets Desktop Trading: MetaTrader-4, MetaTrader-5, and a WebTrader

□ FP Markets Mobile Trading: iPhone and Android

□ Automated Trading: YES

□ Trading Signal/Analysis: Autochartist and TradingCentral

□ Hedging/Scalping: YES

□ PAMM/MAM Accounts: YES

□ FIX/API: NO

□ FREE VPS: YES (after trading 10 standard lots)

Education (FP Markets Academy)

• Trading Courses (educational videos)
• Interactive Webinars (trading and investing topics)
• eBooks & Trading Guides
• Platform Tutorials
• Podcasts

Trading Research (TradingCentral)

Trading Central offers premium trading research and analytics through a user-friendly platform:

• Technical and Fundamental analysis
• Sentiment ratios and economic research

Trading Research (Autochartist)

Autochartist is an innovative tool that recognizes chart patterns in real-time.

Copy Trading

FP Markets Copy Trading allows you to find, follow and copy successful traders automatically.

• Save time as there is no need to build and implement your trading strategy
• Compare and evaluate the performance of different traders 

 

FP MARKETS TRADING ACCOUNTS

□ FP Markets Minimum Account: $100

□ Funding Methods: Cards, Bank Wire, Skrill, Neteller, FasaPay

□ Account Base Currencies:  Australian dollar, Canadian dollar, Swiss franc, Euro, Great Britain pound, and JPY Japanese yen

□ FP Markets Withdrawal Fees: NO

□ FP Markets Inactivity Fees: NO

□ Customer Support Methods: Live Chat, Phone, Email

□ Web-Site Languages: English, Spanish, French, Indonesian, Italian, Malay, Portuguese, and Russian

□ Customer Support: English, Spanish, Arabic, Portuguese, and Russian

» FP Markets Accounts and Promotions

 

FP MARKETS REVIEW -MAIN PROS & CONS

FP MARKETS.COM REVIEW PROS √	FP MARKETS.COM REVIEW CONS X
(√) Regulated Forex Broker with many years in the market (√) A very wide asset index with 60 Forex pairs and more than 10,000 CFD instruments (√) Fast execution through Equinix servers (√) Automated trading, EAs, and scalping are fully allowed (√) Education and a personal account manager (√) Autochartist and TradingCentral analysis for free	(x) The overnight rates good be a little bit better

 

FP MARKETS REVIEW –FINAL THOUGHTS

Founded in 2005 and domiciled in Australia, FP Markets is a Forex/CFD broker regulated by the ASIC and CySEC. The broker provides segregated client bank accounts and compensation in case of insolvency under the ICF (only for the clients under the CySEC).

Their asset index includes 60 Forex pairs, several crypto pairs, metals, energies, and soft commodities. There are also hundreds of shares and several stock indices. There are three main trade platforms available (MetaTrader-4, MetaTrader-5, and a WebTrader) plus mobile apps and social signals. Automated trading and scalping strategies are fully allowed and there is also free daily analysis from TradingCentral. Technical analysts should also appreciate the existence of Autochartist software which makes pattern recognition an easy task.

The minimum deposit is $100 and you can fund your account via Credit/Debit Card, Wire, and three popular electronic wallets (Skrill, Neteller, and Fasapay). The trading spreads on ECN and STP accounts are tight but the overnight rates are not equally competitive.

FP Markets is a good and safe choice for trading Forex and that includes all types of trading styles and all levels of trading experience (beginners, advanced, and professional traders). Since 2005, FP Markets has handled more than 1 million trading accounts.

» FP Markets Real Account | » Demo Account

 

◙ FP MARKETS.com Review

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