FPMarkets

FP Markets Broker is one of the oldest and the most prestigious Forex and CFDs providers that you ever come across. Founded in 2005 and now they are considered as the first option for investing your money in the trading platform.

They are regulated by the strictest regulations in the world known as “ASIC,” and the headquarter is in Australia. In May 2020, they celebrated their anniversary and launched the new trading design that is loved by millions of people around the globe.

With FP Markets Broker in the house, you have got the tendency to roll with more than 13 thousand trading tools such as; Forex, Crypto, Commodities, Metals, and CFDs.

“Additionally, they are providing a safe environment for the investors to invest and get their desired results without any obstacle coming their way”

Now, that’s enough of the introduction, and it’s time to unleash the covers from the details like “Regulation, Account types and Trading Platform.”

Let’s rock and roll!

FP Markets Broker Regulation
FP Markets Broker is regulated by the strictest regulations in the world, and there are no chances of “Scams and Frauds” with your money. Yes, we are talking about the “Australian Securities and Investment Commission” which is specially laid out by the FP Markets in order to ensure “Investors Protection.”

So, you can go for FP Markets without thinking twice if your only concern is “Security.”

Account Types of FP Markets Broker
There are two types of accounts that FP Markets Broker is dealing with:

• Standard Account
• Raw Account

They are different from a lot of other trading platforms in the “Forex World.” Don’t believe us? Let’s figure it out!

Standard Account
We will be breaking down each and everything in a table to make things easier for you:
Minimum Opening Balance $100
Spread 1.0 pips
Instruments 50+ Instruments including Forex, Crypto, and CFDs Maximum Leverage 500:1
Execution ECN-Pricing
Per Lot Commission Zero
Minimum Trading Size 0.01 Lots
Mobile Applications Yes
VPS Available Yes

Raw Account
This account is for the professionals, and everything is listed down below:
Minimum Opening Balance $100
Spread 0.0 pips
Instruments 50+ Instruments including Forex, Crypto, and CFDs Maximum Leverage 500:1
Execution ECN-Pricing
Per Lot Commission 3.5 Per 100,000 Lot
Minimum Trading Size 0.01 Lots
Mobile Applications Yes
VPS Available Yes

You can also try the demo accounts for both the account types before you get started with everything. Before we head towards the trading platform, let’s break down the pros and cons of “Account Types.”

Trading Platforms of FP Markets Broker
Just like other trading platforms, FP Markets offer you the advanced and the charting trading platforms to deal with your Forex trading.

Following are the trading platforms that FP Markets Broker is dealing with:

• MetaTrader 4
• MetaTrader 5
• Webtrader
• IRESS
• cTrader

The spread of FP Markets Broker
As we all know, the spread of all the accounts is different, and you’ve to look for the “spread” specifically before you choose your account.

There are two types of account that FP Markets is dealing with, and they both have different spread:

• Standard Account (Spread Starts from 1.0 Pips)
• Raw Account (Spread Starts from 0.0 Pips)

So, the choice is yours, and you can go for the one that suits you the best.

Execution Time of FP Markets Broker
FP Markets is known for its “Instant Execution,” and if you love to go for “Instant Execution” places, then FP Markets can be your best companion.

To help you with smooth trading, the following are the advantages you’re going to get with Instant Execution of the FP Market Broker:

• Ultra-Low Latency Execution
• Tight Spread
• Best Prices Availability
• Minimum Slippage

So, what are you waiting for? Head towards the opening of the account right now and get started!

Fp markets Commission/Fee
The good thing about FP Markets Broker is that “It is a low non-trading” platform.

FP Market doesn’t charge you anything as a Commission or any type of account fee, but if you're an IRESS user, then you’ll have to pay a $55 monthly commission.

But again, the IRESS fee is conditional too; if you’re earning more than $150 a month, you’ll then be charged the amount. Otherwise, you will enjoy the IRESS account without any Commission/Fee.

Leverage of FP Markets Broker
Every account has its own Leverage/Margins, and we have already discussed them in the “Account Section” of the article.

But let’s talk about it again.

There are two types of accounts that FP Markets Broker is dealing with:

• Standard Account (Leverage 500:1)
• Raw Account (Leverage 500:1)

They both have the same leverages, and you can go for the one that is a perfect fit for you. You can count in more information by reading the detailed “Account Types” detail written above.

Customer Service of FP Markets

Customer Service is the best feature that FP Markets is providing to you because they are super-fast, and they are available 24/5 in order to help their audience.

You can contact them through different contacting gateways such as;

• Live Chat
• Email
• Phone Call

Now, it’s time to open up the account and say hello to the “Forex World.”

Let’s get started with the account opening.

How to open an account on FP Markets Broker
To open the account on FP Markets Broker Platform, you need to follow the instructions given below:

The first step is to head towards the website by Clicking Here, and you’ll end up finding yourself at the homepage of the FP Markets Broker:


Once you click on it, you’ll end up opening a form where you’ve to enter the valid information regarding yourself:


Once you enter all the information, you’re all set to start the trading.
That’s how easy it is to open an account on FP Markets Broker.

How to Withdraw Money from FP Markets Broker
The process of withdrawing the money is super easy, here’s how you can do it.

• Login to your account and then head towards the withdrawal page by "funding/withdraw-funds"
• Now enter the information that they asked you to enter like shown in the screenshot below:

Once entered all the information, click on the Send button and you’re done.
Now, as we are done with the opening of the account and withdrawing the money.

Advantage and Disadvantages of FP Markets Broker
Following are the advantages and disadvantages of FP Markets Broker:

FP markets Advantages:

• There’s almost no Forex fee for all the account types
• Opening of the account and Withdrawing the money is super easy and fast
• You won’t face any problem when depositing the money
• The website design is second to none (They have updated it recently)

FP markets Disadvantages:

• They charge you a high fee for the IRESS Account
• They have a limited amount of product portfolio

So, these are the advantages and disadvantages of “FP Markets Broker” and let’s now talk about the contests, Promotions and Broker Bonuses.


Promotions, Broker Bonuses, and Contests
Let’s talk about the bonuses first:

As we all know, “FP Markets” is regulated by the ASIC, and they are fully regulated. Therefore, there’s no room for the account opening bonuses and on their trading account. But, you can still head towards their Bonuses Page to confirm if they are offering any.

Now, it’s time to talk about the promotions: There’s bad news for the ones who are looking for grabbing the opportunity of Bonuses and Promotions. Yes, they don’t offer any bonuses and promotions because it goes against the rules of their regulatory restrictions.

Let’s now talk about the contest: There was a contest going on in 2019 in which the one that scores the highest number will win the contest. But, they don’t have to offer any contests right now for the “Users,” and after the new website update, there’s no contests page on their website. This might be the indication that they have finished the “Contests” section from their platform.

But, you can subscribe to their daily newsletter in order to keep your eye on every news coming from their way.

Final thought
That’s all from the FP Markets Broker, and we would recommend you go for “FP Markets Broker” as they are trusted, regulated, and provide you everything you’re looking for.

The only negative side of the FP Markets Broker is “The High Fee for the Stock CFDs.” Otherwise, they are the best!

Kinds Regards
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