With FP Markets Broker in the house, you have got the tendency to roll with more than 13 thousand trading tools. For investors, it's a safe environment to invest and get their desired results without any obstacles coming their way. Read the complete FP Markets Review now.
Regulated by ASIC, AFS, CySEC , SVGFSA
FP Markets, preliminary based in Australia is one of the most reliable and secure brokerage companies in the online trading sphere. This widely-known brokerage was fabricated back in 2005 and situated in Sydney.
FP is regulated with two of the tightest regulatory bodies including the ASIC (Australian Securities and Investments Commission) along with the CySEC (Cyprus Securities and Exchange Commission.)
In addition, FP is also known for its awards along with for providing an ultra-wide range of trading accessories (over 13,000) including forex, CFD, Commodities, Indices, Cryptocurrencies, etc.
Now, let's take a closer look at their internal and external trading aspects and here we go:
Bank Wire, VISA, MasterCard, BPAY, FasaPay, Klarna, Neteller, Ngan Luong, PayPal, PayTrust88, Poli, Skrill, Transfer from Existing Broker, UnionPay
VISA, MasterCard, FasaPay, Neteller, Ngan Luong, PayPal, PayTrust88, Skrill
FP is known for providing a lot of diverse trading accounts and that too at a simultaneous rate. To be specific, the trading accounts rendered by FP is put into 3 different categories including,
Therefore, choose one wisely!
Note: You're eligible to choose between Raw or ECN trading accounts in the trading platform sections.
Moving on, the General or the Raw trading accounts are mainly BEST-suited for the amateur traders and where the minimum deposit is only 100$ or equivalent to that amount. Besides, the maximum leverage is 1:500 and as per the commissions, it's without cost in the standard accounts but 3$ is charged in the Raw trading accounts.
Then the IRESS accounts are divided into platinum and the premier trading accounts and which were solely made keeping in mind the professional traders. Besides, the minimum deposit for the platinum account is 25,000$ and as of the premier account, it is 50,000$.
Besides, the minimum amount of commission is 10$ per lot with an additional cost of 0.1% of the standard accounts. In the same way, for the platinum accounts, the min amount is 9$ with an additional cost of 0.09%. The margin requirements for CFD and Equity start from 3$ for all three of the trading accounts.
Lastly, we just wanted to point out that the spreads of FP can often get quite low and to be approx it can get as low as 0.1 pips and which depends on liquidity.
Note: For all Muslims across the globe, FP Markets also provide Islamic swap-free options along with the availability of MAM and PAMM accounts.
FP Markets believes in diversity and therefore they are currently providing variable trading accounts to their clients. The trading accounts are divided into three specific segments and which simply goes like this:
Go ahead and choose your GO-TO one!
Note: FP Markets will grant you access to choose between the General and the ECN trading accounts from the trading platforms sections.
Too much hassle-free, wouldn't you agree?
So, just to make sure the general account types are specially formed keeping in mind the beginner traders and the minimum deposit amount for the general account is 100$ or equivalent.
Besides that, the maximum leverage is 1:500 and the commission per withdrawal is only 3$( only for the Raw accounts ).
After the general trading accounts, the IRESS, and the Share trading accounts provided by FP Markets comes to light.
Then the IRESS accounts are split into platinum and the premier trading accounts and which were individually made keeping in mind the professional traders. And as for the minimum deposit, the mathematical amount is 25,000$ and 50,000$ for the premier trading accounts.
Moreover, the minimum amount of commission is 10$ per lot with an additional cost of 0.1% of the standard accounts. As well as for the platinum accounts, the min amount is 9$ with an additional cost of 0.09%.
Moving on, If you're wondering about the margin requirements for CFD and Equity then you should know that it starts from 3$ for all three of the trading accounts.
Last but not least, as of the spreads of FP, well you should know that it can get as low as 0.1 pips and which obviously depends on liquidity.
Note: For all Muslims across the globe, FP Markets also provide Islamic swap-free options along with the availability of MAM and PAMM accounts.
All hands on deck, FP Market is probably one of the most secure brokerage companies that are currently working on a global basis. The Australian high-end brokerage First Prudential Markets is regulated by:
Hold your thoughts, there's more incoming!
FP is audited by BDO Australia which is an external Australian independent auditor and the client funds are also HEAVILY isolated through the AAA-rated banks. For example, you can assume the National Australia Bank or Commonwealth Bank of Australia.
"With the help of the latest and innovative trading tools, trading is supposed to be easy". At least that's what FP believes and they've tried their heart and soul to execute it.
Trading platforms are considered to be the backbone that defines a brokerage and at which height it is at. Therefore, without providing the BEST and latest trading platforms a broker can't make a name for themselves.
Keeping that in mind, FP one of the most renowned brokerages of the current time is providing all the latest trading platforms and which were made from cutting-edge technology.
Here are the trading platforms, at a glance:
MetaTrader 4 ( Both desktop and mobile )
The MT4 is considered to be the most efficient and stable trading platform of all time besides it has its own trader's fanbase. As the platforms offer 50+ indicators, 9 timeframes, EA access, and more!
Here are the key specifications of MT4:
Source: TopAsiaFX.com
MetaTrader 5 ( Both desktop and mobile )
Well, as per MT5 it is probably the most innovative and smart trading platform and it is often referred to as the IDEAL successor of the classic MT4 trading platform.
The platform offers several features like one-click trading, 80+ pre-installed indicators, 21 timeframes, and many more!
Here are the key specifications of MT5:
Source: TopAsiaFX.com
Web Trader
After the all-powerful MT4 and MT5 which require quite hassle on installation, comes the web trading platforms. In a web trading platform, there's no need for you to install anything. On the other hand, all you need is a stable internet connection and you're good to GO!
Quite a trading platform, right?
IRESS platforms
The IRESS trading platforms are also an innovative solution for both traders and investors across the globe. Moving on, it is categorized into 3 sectors ( IRESS Viewpoint, IRESS Trader, and IRESS Investor ).
It operates more like a DMA ( Direct Market Execution ) execution.
Among the three platforms, the IRESS Viewpoint is the updated one compared to the other two platforms. The platforms offer technical indicators along with momentum, trend, and volatility indicators(MACD, RSI, and BB).
FP Markets is also providing a modern and innovative mobile trading experience for online market traders. The mobile trading platform contains MT4, MT5, and IRESS trading platforms, and that too for android and ios.
The interface is quite similar to the web versions of the trading platforms but it is even more optimized for a seeming trading experience.
Another major fact that the mobile trading platform contains is the availability of multiple languages across the world.
Including,
Source: brokerchooser.com
And......Hats off for that!
FP Markets is one of the most regulated brokerages in the online trading sphere and despite that fact, they are not currently providing any trading bonuses.
It’s no doubt that trading bonuses are a GREAT way to attract new traders, they’re still not providing any bonuses.
So, if you're looking for bonuses from FP Markets, sorry to disappoint you but you won't be getting any.
FP Markets has made its deposit and withdrawal process pretty easier compared to its other competitors. You'll be getting a lot of transaction methods to choose from while making a deposit. Which includes Debit-credit cards, BPay, Neteller, PayPal, Skrill, PayTrust, FasaPay, Ngan Luong, Broker to Broker, and much more!
Note: While depositing, FP Markets requires a minimum amount of 50$ to a maximum amount of over 10,000$ for the globally made deposits.
And, as for withdrawals, you can withdraw your capital from FP within a day or sometimes it requires more than 1 day.
Moving on, FP charges fees on withdrawal such as 10$ for bank wire, $18 for Online Pay, 1,000 VND + 1% for Ngan Luong, 2% on both Netteler and PayPal, 0.5% on FasaPay, 1.5% on PayTrust. Besides, the card payments are free.
It is the customer support that is considered as one of the most crucial features that put a broker ahead in the race to attain more fame. And, FP also has worked its way through with 24/7 available customer support.
It gets even better!
FP's customer support also ensures a multi-language service. Therefore, you'll be getting English, Arabic, German, Greek, Indonesian, Malaysian, Portuguese, Russian, French, Spanish, Italian, Vietnamese, and Thai.
You can contact them 24/7 via:
Thinking about all the traders, FP has put together several education resources in one particular place so that the traders can learn every required factor about the Foreign exchange market.
They are providing:
Besides, if you're unable to find those then go to the 'Resources' toolbar's 'Education' and you'll see everything is listed there.
Let's start a combing camparison between Two brokers' widely used tools, mobile apps, platforms, spreads, and more.
FPMarkets do not charge any deposit fees, with the exception of international bank transfers. You can see all the fees here: https://www.fpmarkets.com/int/funding/deposit-funds/
MT5 is the successor of the MT4 platform and has far superior functions and technology to MT4. Although MT4 is more popular at the moment (due to the length of time available on the market), eventually MT5 will completely replace it.
The minimum deposit to open an account from FPMarkets is AUD100 or equivalent for all types of MT4 and MT5 accounts.
Yes, all pricing on the MT4 and MT5 platforms is live with no delays.
Please login to your Client Area, on the left side of the screen click on “Funding”, choose “Deposit”, select the trading account to which you wish to deposit, and click “Submit”.
The main reason why CFD trading is not available to US traders is that it is against US securities law. Over-the-counter financial instruments, such as CFDs, are heavily regulated through legislation like the Dodd-Frank Act and enforced by the SEC (Securities and Exchange Commission).
FPMarkets offers a number of assets to trade with, including:
FPMarkets was founded in 2005 and it is an Australian CFD and forex broker. It's regulated by the Australian ASIC and the Cypriot CySEC. FPMarkets is considered safe because it has a long track record and is regulated by the top-tier ASIC.
Over the two years of trading with LiteFinance, I've found their support team and dealing department to be respectful and responsive to all my questions. Withdrawal requests are processed swiftly as well!
Trading with Litefinance since 2014 has been a satisfying experience. Their fast automatic fund withdrawal, convenient web terminal and mobile app, low spreads on ECN accounts, and good trade performance have impressed me. Even during problematic situations, Litefinance has quickly resolved issues in my favor. I highly recommend trading with this broker.
A great and safe broker with transparent live chat for sharing trading ideas. Keep it up, Litefinance!
Litefinance's daily transaction receipts help me track my account effectively. I recommend them.
I'm a recent user, and though I can't comment on profits yet, their customer service has been impressive.
I recently joined FPMarkets, and I can already say that I highly recommend it. The withdrawal process took less than 2 days, and I'm very pleased with FP Markets.
Fast withdrawal and excellent service! The Customer Support team is not responsive.
I've explored FP MARKETS, and I must say it's pretty cool with high-quality tools and features. With a rating of about 4.7 points and being a regulated company, I consider it trustworthy. Keep up the good work, FP MARKETS!
The interface is excellent, and I've always found their customer support to be responsive. Deposits and withdrawals are fast and smooth. I've been using Exness for a year now and couldn't be happier with their service.
I have had a great experience with this broker, and their market analysis tools are easy to use. Thanks, AssetsFX!
I really wish they offered a cent account on the mt5 platform; it would make them the best broker out there. That's why just putting a star off the rating.
This broker is incredibly user-friendly, and their withdrawal process is straightforward and hassle-free.
It’s all a scam , I invested 90,750 US dollars with scam broker FXG trade and never got my money back and they kept asking for more which I couldn’t meet up with their demands, so they never got back to me anymore and i was so desperately in need of help to recover all the money back to me, fortunately I came across a colleague that introduced me to a binary options trade funds recovery expert who goes by the name Mr Maxwell Devine when i met him i did not believe that he could get back my money because i have been scammed a lot already and didn’t know what to do, but my spirit told me to give it a try and i did, feel free to contact him via his email address:{devinemaxwell28 (@) gmail.com}. and he will help you to recover all your lost investment that was denied from you by your scam broker.
My experience with AssetsFX has been positive. For EAs, scalpers, and auto-trading, provide outstanding virtual private server (VPS) solutions. This is a terrific chance for the trader. I have a special place in my heart for this broker. For a long time, I want to trade with them.
AssetsFX is a simple-to-use broker, to put it simply. AssetsFX is a fantastic place to start if you are new to this industry because they feature upper-edge customer service, a live chat option that promptly resolves your issue, blogs, and instructional seasons. Additionally, new users can benefit from their Demo account setup too. In short, it's an amazing broker.
The main obstacles to trade are middlemen and an absence of dealer control. The broker without a tracking desk to oversee traders is AssetsFX. Traders are able to use their own trading methods. My interest in collaborating with them is mostly motivated by this. Thanks for the best service.
I'm a U.S user, and while exploring brokers heard about AssetsFX. But unfortunately, like so many brokers, AssetsFX doesn’t accept US clients. For me, It's the most disappointing thing. Why you don't accept the U.S client.
I chose AssetsFX because it offers to trade on consistently low spreads from 0.0 pips, and it's authentic. Along with that, they don't prefer any kinds of hidden fees.
Multi traders like me who want to keep an eye on all trading platforms can choose AssetsFX because you can easily control Forex, Crypto, Indices & Commodities from here. Thanks! Team for the best service.
The main thing that attracts me to trade with AssetsFX is the multilingual customer support. I think it is essential for a broker because all clients are not comfortable with a fixed language, and it is beneficial to find out the problems and solve them quickly.
The extensive Liquidity supported by 20 central banks and hedge funds is covered by AssetsFX. The trade is made simple for me by this feature. But the mobile trading app ought to be bilingual.
Recently I learned about Assetsfx. This broker offers so many facilities to their clients. They provide a 20% Deposit bonus. I like their approach.
Assetsfx provides a wide range of trading options. There is also excellent customer service and an Instant Cash Back option.
I've traded with various well-known brokers, and I can tell that Assetsfx is a trustworthy broker, especially their Web Trading system. You should DEFINITELY check that out!
I heard that AssetsFX pays a $1 reward for each lot traded when you register a new live account with a minimum deposit of $500, which is real. Thanks, team for providing the best service!
AssetsFX accepts a wide range of trading techniques and assures that you can trade as you choose. In my opinion, trading should be done according to one's preferences. It comes highly recommended from me.
PerfectMoney, Bitcoin, Ether/Ethereum, Ripple, Tether (USDT), and Other Crypto Currencies, as well as Local Transfer alternatives, are all available for deposit and withdrawal at AssetsFX. This is huge for a trader, in my opinion.
AssetsFX does not offer the MetaTrader 5 trading platform. I'd want it to be here, though. I think adding this broker will bring extra facilities.
Many brokers have limitations, but AssetsFX has none. You can make as many payments per month or per client as you want. For me, it is the most visible aspect of this broker.
I have been trading on this platform for just a few months. I'm very pleased with their online service and quick customer feedback.
I've been using this platform for a long. And in this time, I have seen remarkable changes in their system. FBS uplifted its platform to another level. Looking forward to their further progress.
It's an average broker.
I've only collected positive ideas during my nearly two years on Tradersway. I've had great customer service and a simple withdrawal and deposit process.
XM Trading is straightforward. However, it is simple to use. It has simplified my trading experience. The customer service personnel is friendly and helpful. They provide outstanding service.
Their Customer Service is effective and efficient in general. They delivered my verified account in a quick period of time, which is impressive. I'd like to stick with it.
Avatrade broker, in my opinion, is a hassle-free way to purchase and sell. After using it, I am completely satisfied and would recommend it to friends.
I noticed that OctaFX, a forex broker, had won 35 awards! It is also Asia's best broker. It demonstrates that it is a reliable Forex Trading Broker. OctaFX is something I use frequently, which is why I strongly suggest it to everyone.
It's a fantastic platform. The best thing is that withdrawals and deposits are processed quickly with no charge. Exness deserves praise.
The best product on the market is provided by FP Market. It's both unusual and smooth. It's my favorite.
Litefinance was a good experience because they offer a wide range of trading options, which caught my curiosity. In addition, compared to other places, admission fees are low.
The best thing about IC Market is that there are no trading restrictions and the spread is global. A minimal amount can be traded. As a result, anyone can effortlessly select this broker.
One of the greatest sites for newbies, especially those looking for quick results. It's safe and well-suited to trade.
This platform is ideal for anyone wishing to grow their Forex trading network. It also has collaboration programs.
JustForex is an excellent site to invest in overall, although the interface should be improved.
I've only collected useful ideas during my nearly two years on Tradersway. I've had great customer service and a simple withdrawal and deposit process.
XM trading platform is easy and the deposit and withdrawal process is fast. Traded with their bonus and it was easy without encumbrances. I will recommend XM to anyone any day and their customer service is efficient.
Tickmill is, in my opinion, the better option, but it will be even better if ECN introduces a $50 minimum credit requirement.
AVA Trade provides poor service. They only told me to put down more and more money. Withdrawal is destructive. Do not waste your time with an ineffective agent.
OctaFX offers so many opportunities that anyone can benefit from them, which is its best feature.
Exness is one of the most outstanding online trading platforms I've seen. However, I believe that some things should be added.
When trading with any currency, the FP Marketing broker is simple to use. Withdrawals and deposits continue to flow unabated. This is the broker I like.
The most important aspect of forex trading is order processing speed, which this broker provides in spades. As a result, I give it a thumbs up.
The market sentiment indicator on the IC Markets broker displays how other people are trading. It is very beneficial to new traders in terms of developing strategies. So far, it's been a fantastic broker.
As a Muslim trader, I prefer FBC because they provide swap-free accounts (known as Islamic accounts) which don't contradict the teaching of Islam. It is the best part of this broker I think.
From my side, Robo Forex is a great place to earn profit by promoting the materials they provide on other websites. Good to have knowledge about them.
My overall perception of Just Forex is good. I didn't need that much time to verify my account, also my every deposit and withdrawal experience was smooth. They offered broad resources to explore.
It's been a year since I'm using this trading platform. TradersWay provides the best rates and low spreads, and fast execution. Happy with service.
The motive of XM brokers is to provide the best service to its clients. Trust me they do what they say. I am fully satisfied with their ministry.
Tickmill brokers are very professional and sincere. I have been using Tickmill since 2019 and with time, their services are getting better and better.
First time using this site. Everything is working smoothly. But some features need to be improved. Above all, it’s the best broker.
OctaFX is an official forex trading platform. Settings helped me to manage my profile and deposits. It also has a demo option for beginners.
Exness a perfect brokerage platform for a good investment. I've tested the platform with a demo version and had a good experience. Now I'm about to start with a real account.
On its YouTube channel, FP Market has a number of educational videos that serve as a guide for its users. In my opinion, it is the best aspect of this broker.
Using LiteFinance as a day-to-day FX broker was indeed a worthy experience as they provide a lot of trading opportunities. Also my funds have grown in this broker platform. Finally, after a lot of hassle, I've succeeded in getting a trusted company that pays instantly. This is the best place at the right moment everyone must invest.
Excellent broker for both Forex and CFD trading. Its fast functionality and easy navigation amazed me most.
The best thing about FBS that amazed me most is its diversity. They value all clients, understand them, and fulfill their different demands. In a word, they have good management.
Robo Forex has a great reputation for providing 24/5 currency exchange service and customer care, which nobody can deny. They keep their customers happy by giving them access to their forecasts and educational materials.
Truly satisfied with Just Forex's leverage for deposit and its fastest withdrawal process. Looking forward to building my career as a trader with Just Forex.
Tradersway is a great platform for trading, I started my trading journey with them and there is no looking back since then.
Trust me XM is really a good Forex broker. This broker is trustworthy. Withdrawals are always fast and smooth. But it needs to be updated. Hopefully, they update it soon and ensure the best version.
Tickmill has very professional brokers. I have worked with many brokers, but they are the best. And their fast deposit and withdrawal process is very convenient.
Avatrade has many options to explore not only buying and selling shares. I can choose the perfect platform to invest in by comparing the industry. Worthy to use.
For beginners, it's a great platform to start their forex journey since OctaFX offers comprehensive video tutorials and articles. They also have manuals, traders' tools, and many more features.
I started my forex journey with Exness, and it's very user-friendly. It provides Fast-paced transactions and instant withdrawals, which I appreciate.
FP Markets is most known for its Forex trading, but it also offers CFD trading in equities, metals, commodities, and indices. It is equipped with cutting-edge online trading software designed exclusively for CFD trading. Consider it to be an excellent trading option.
LiteFinance is a really good Foreign exchange broker. This broker is trustworthy. Withdrawals are always fast and without any additional checks. I would also like to note the fast execution of trade orders. Hopefully, in the future, their market analysis app will get better.
IC Market ensures the best and the most transparent trading experience. For a long time, I've been with IC and wish to be with them.