FP Markets

Fp markets Review: Is Fp markets Broker Good?

Overview and general information of Fp markets broker

First Prudential Markets, also known as FP Markets, was founded in 2005 and is headquartered in Sydney, Australia. The broker is regulated by ASIC and CySEC. The broker offers a wide range of trading options including Forex, stocks, indices, commodities and cryptocurrencies through multiple platforms. However, traders should carefully consider all information and conditions before making any investment decision.

Broker Licensing and Regulation

If you ask whether Fp markets are good, you have to start by considering the license factor first, which has the following licenses:

• Australian Securities and Investments Commission (ASIC) License No. 286354 under First Prudential Markets Pty Ltd.

• Financial Sector Conduct Authority (FSCA) License No. 50926 under FP Markets (Pty) Ltd.

• Cyprus Securities and Exchange Commission (CySEC) License No. 371/18 under First Prudential Markets Ltd.

• Financial Services Authority (FSA Seychelles) License No. SD130 under First Prudential Markets Limited 

fp markets products and services

Trading products

• Forex:Offering over 60 Forex currency pairs, access the global Forex market and use low spreads starting as low as 0.0 pips.

• Precious metals: Provides trading service for spot price of precious metals such as gold or silver against US dollar or Australian dollar in the form of currency pair with leverage of 500:1.

• CFD Stocks: Offers CFD trading on over 10,000 Australian and international share CFDs alongside stock and indices CFDs across 4 continents.

• bond:Trade corporate and government bonds on the bond market. Trade bond CFDs such as US 10 YR T-Note Futures (US10YR) and UK Long Gilt Futures (GILT) on Metatrader 4 and 5.

• Commodities: Trade a wide range of commodities such as energy, metals, oil, gas and agricultural products with Contracts for Difference, or CFDs.

• index: Access the NASDAQ 100, S&P 500, EUREX and many more via index CFDs with attractive leverage.

Trading Platform

MetaTrader 4

MetaTrader 4 is the world's most popular trading platform used for financial market analysis.

MT4 is packed with features and benefits. You can add a customizable interface and download MT4 for PC, Mac, iPhone, IOS and Android.

MetaTrader 5

MetaTrader 5 (MT5) is an all-in-one trading platform for Forex, precious metals, commodities, indices and cryptocurrencies. MT5 is a technologically advanced multi-asset platform designed specifically for trading Forex and CFDs.

TradingView

TradingView is an industry-leading trading platform recognized globally for its premium charting solutions, supporting millions of traders and investors across the globe.

cTrader

cTrader is a fast and powerful multi-asset Forex and CFD trading platform. It features advanced charting, advanced order types, level 2 pricing, and powerful trading tools.

FP Markets Trading App

Trade various assets via mobile, whether it's Forex, stocks, indices, commodities, futures or cryptocurrencies, you can trade anytime, anywhere as you want.

Copy Trading

Copy Trading service or copying trades to allow investors to follow the trades of professional or experienced traders without having to analyze the market too much.

FP Markets Account Types Review

There are two main types of trading accounts:

Standard Account

• Minimum account opening amount: $100 AUD or equivalent.

• Spreads start from 1.0 pips

• Trade 70+ FX pairs, precious metals, indices, commodities,

• Maximum leverage 500:1

• Commission per lot 0

• Minimum trade size 0.01 lot

• Support EA

RAW Account

• Minimum account opening amount $100 AUD or equivalent.

• Spreads start from 0.0 pips

• Trade 70+ FX pairs, metals, indices, commodities,

• Maximum leverage 500:1

• Commission per lot $3 per side

• Minimum trade size 0.01 lot

• Support EA

The broker also supports Islamic accounts for Muslim traders who want to use a swap-free account. They can submit a request to[email protected]

Deposit and Withdrawal Review

Deposit

Credit/Debit Card

• Accepted currencies AUD,CAD,CHF,EUR,GBP,HKD, JPY,NZD,SGD,USD,CZK,PLN,AED

• MT4/5 Deposit Time Instantly  Iress: 1 business day

• No deposit fees

Bank transfer

• Accepted currencies: EUR, USD, CHF

• Deposit time: 1 business day from the time of receipt of funds.

• FPM deposit fees are free of charge.

• FPM deposits will cover your international fees up to 50 USD.

• For deposits of more than 10,000 USD

Crypto

• Accepted currencies

• BTC, BCH, LTC, ETH (ERC20), USDT (ERC20), XLM, LINK (ERC20), XRP, USDT (TRC20), USDT (BEP20), USDC (ERC20), USDC (TRC20), USDC (BEP20)  

• Deposit time: no more than one hour

• Blockchain deposit fees vary.

Electronic Wallet

• Accepted currencies: USD, AUD, CAD, EUR, GBP, INR, USD, BRL ,IDR, MYR, THB, VND

• Deposit time, money is deposited immediately

• No deposit fees

Withdrawal

Customer Service

• Live Chat Business Hours

• Monday – Saturday (AEDT) 07:00 – 07:00

• Sunday – Friday (GMT) 22:00 – 22:00

• Email:[email protected]

• Seychelles Office F20, 1st Floor, Eden Plaza, Eden Island, Seychelles

• Facebook :https://www.facebook.com/FPMarkets.Th/

• X :https://www.facebook.com/FPMarkets.Th/

• LinkedIn : https://www.linkedin.com/company/fp-markets/

FP Markets Review: Pros and Cons

strength

• Obtained various licenses

• Diversified assets

weakness

• Some countries may not have customer support available.

• Limited account type

• Inactive Account Fee

• There is a fee for withdrawals.

• High minimum deposit

• There are reports on customer service.

Summary: Is FP Markets Broker Review Good?

FP Markets is a trusted and regulated broker. Although it offers good trading conditions, such as low spreads and commissions, many users have reported problems with slow support contacts and high withdrawal fees compared to other brokers. Withdrawals can take a long time, and the minimum deposit on the Standard account is higher than its competitors. Therefore, traders should consider carefully before deciding to use the service.

Frequently asked questions about Fp markets

1. What financial instruments can I trade?

A - CFDs on Forex, Stocks, Metals, Indices, Commodities and Cryptocurrencies. 10,000+ tradable CFD products on global financial markets.

2. Can I sign up with more than one email address?

A - It is recommended to combine all trading accounts under one profile and use the same email address.

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FP Markets Review Compare spreads, fees, trading platforms, deposit and withdrawal conditions and more with real user reviews to help you decide on the broker that suits your needs.