fpmarkets.com Review

Updated: Jun 05, 2022
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Australian No. 1 Forex Broker - FP Markets Overview

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With the support of FP Markets beside you, it's undoubtedly in your power to trade more than 60+ pairs, 10,000+ stocks, 19 indices & 5 major Cryptocurrencies trading tools & accessories. For investors, it's a safe environment to invest and get their desired results without any obstacles. Read the complete FP Markets Review now.

Minimum Trade Size:0.01
Maximum Leverage:1:500
Minimum to Open Live:$100
Established:2005
Address:Level 5, Exchange House 10 Bridge St Sydney NSW 2000, Australia
Contact:[email protected], +61 (0)2 8252 6800
Regional offices:Australia
Regulations:ASIC, AFS, CySEC, SVGFSA
Prohibited Countries:USAJapanBelgiumSyriaNew Zealand
Trading platforms:MT4, MT5, WebTrader, IRESS
Web Trading: Yes
Mobile Trading: Yes
ECN: Yes
Currencies: 60+
Currencies: (5+) Bitcoin, Litecoin, Ethereum
Currencies: (15+) Gold, Silver, Other Precious Metals, Stocks, Stock Indexes, Oil, Other Commodities
EAs/Robots: Yes
News Spike Trading: Yes
Scalping: Yes
ZuluTrade: No
MAM: Yes
PAMM: Yes
CopyTrading: Yes
Deposit Methods:Wire Transfer ,VISA,FasaPay,Neteller,Skrill,PayPal,Unionpay,MasterCard,BPAY,Klarna,Ngan Luong,PayTrust88,Poli,Transfer from Existing Broker
Withdrawal Methods:Wire Transfer ,VISA,Unionpay,Skrill,PayPal,Neteller,MasterCard,FasaPay,BPAY,Klarna,Ngan Luong,PayTrust88,Poli,Transfer from Existing Broker

Finding the exalted, trustworthy, and fully regulated forex brokers (or compare brokers) is a difficult part and here TopAsiaFX always helps the traders to get genuine broker knowledge of who is good or bad in 2022.

Today, we’re giving a depth review of a supergiant, award-winning, and prestigious broker that gained faith from thousands or even million traders all around the world.

Guess who?

  1. FP Markets - No.1 Australian Broker
  2. FP Markets - Best Value Global Forex Broker (2019 & 2020)
  3. FP Markets - Global Forex Awards Broker
  4. FP Markets - Lightning-fast Execution & Tighter Spreads Broker

That’s not the ending, it’s just the beginning!

🕵Trendy news - Nick Twidale Is Now Acting As APAC CEO In FP Markets

FP Market's vision was clear as crystal. They've worked with a vast passion to create a one-stop destination where traders could access a full suite of trading products in global markets. Their official website FPMarkets.com is a member of the First Prudential Markets LLC (Pty Ltd Group). 

Bearing all these in mind, they've tried to create a platform where the traders will be able to trade CFDs, Forex, indices, commodities, futures, and cryptocurrencies from one single trading platform. Trade with FP Markets is less risky but if you're a CFD trader then you have to know that 74-89% of retail investor accounts lose money when they start CFD trading. CFD is a high-risk trading opportunity. 

Therefore, if you ask me, is it a great initiative from FP Markets? Is it a good broker?

Indeed it is. 

And this makes FP Markets one of the MOST loyal and desired brokerage companies in the financial market. FP Markets allows the most irresistible trading experience with its wide range of trading platforms. Here, you'll get all-embracing research tools with extensive analysis fit for every level of trader. You can start trading with a minimum deposit of $100 also offer mobile apps for Android and iOS to keep your trade much easier.

FP Markets Review - Background

FP Markets has become one of the most secure and dependable Forex brokerages across the globe and over the years it has attained trust and satisfaction from the online market traders. Not only multiple banks but also non-bank liquidity providers are the primary source of FP Markets liquidity. Which later on, blends with the tight spreads and low latency and generates a unique trading experience for the active traders?

And that's why FP Markets is an ideal choice for traders.

FP Markets Company awarded a multilingual customer support team is also one of the key factors that helped FP Markets to get its high place in the market. Besides, they are also regulated by the tightest regulatory bodies out there for ensuring the safety measurements of their clients. And, for your kind information,

FP Markets is regulated by both ASIC and CySEC regulatory bodies which makes FP Markets one of the most secured Brokerage firms for the market traders. 
Of course, the average CYSEC brokerages provide secured negative balance protection. FP is a known member of the First Prudential Markets LLC Pty Ltd group.

Don’t miss – TOP 10 Forex Brokers List in 2022

FP Markets Review - Account Types 

Jack Schwager – Author of Market Wizards once said that "The hard work in trading comes in the preparation. The actual process of trading, however, should be effortless."Keeping that in mind FP Markets is implementing an ultimate trading solution that will minimize the struggles of market traders by providing them with the latest and advanced trading account types. You should easily use these account types from their mobile apps (android and iOS available).

No doubt that FP Markets is specifically known for its top-notch service and ultra-wide range of trading accessibilities. Therefore it is safe to say that they have lived up to the expectation of their clients by providing the possibly best trading accounts available out there. FP Markets offers THREE account types:

  1. General Account Type
  2. Iress Account Types
  3. Share Account Types

Now, let's explore for an in-depth overview of the accounts and their classifications.

Here are the deets...

FP Markets Review - General Account Types

General accounts are best suited for regular market traders as it offers several advantages. Besides, a general account contains 2 types of accounts (Standard and ECN RAW account) and here FP Markets offers you both trading types facilities.

Standard Account:

The Standard FP Markets account features offer zero commission spreads from 1.0 pips and STP-Pricing when you trade. 

Min Deposit 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 Trading Applications

Yes

VPS Available

Yes

ECN RAW Account:

FP Markets accepts ECN RAW account features that have low commissions per lot, spreads from 0.0 pips, and ECN-Pricing.

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 Trading Applications

Yes

VPS Available

Yes

On the other hand, the minimum deposit procedure of the FP Markets accounts is quite familiar as they both require a minimum deposit amount of 100 AUD or equivalent as well as giving the traders access to 50+ Forex pairs, metals, indices, and commodities

All the FP Markets Forex accounts include flexible leverage to a maximum of 500:1 and ECN Pricing using their ultra-fast NY4 Equinix Servers in New York.

And the result is Ultra-Fast Execution!

If you still feeling a little bit dizzy and looking for a better overview then visit: FP Markets Trading Accounts

FP Markets Review - Iress Account Types

Now, let's move on to the next account type which is the Iress account. Just so you know, the Iress account is divided into 3 categories, such as:

  1. Professional Account:

  2. Platinum Account:

  3. Premier Account: 

And here, FP Markets accepts these THREE trading accounts and you need to observe them in a bit of detail:

Professional Account: 

The minimum requirement for professional FP Markets accounts is 1,000 $. The account provides promising DMA commission and margin rates.

Platinum Account: 

The minimum requirement for professional FP Markets accounts is 25,000$. The platinum account offers lower commissions and the financing rate is also lower compared to other accounts.

Premier Account:

The minimum requirement for the premier FP Markets accounts is 50,000$. It was designed for professional traders as a result the platform doesn't require any fees or charges. In addition, this agent does not charge an inactivity fee.

To be noted that the FP Markets Premier trading account is best suited for the professional investors of the foreign exchange market. So, it is better if professional traders use this specific trading account.

For additional queries regarding the FP Markets Iress Account visit:  FP Markets Iress Account.

FP Markets Review - Share Account Types

FP Market offers share account types as well as the Iress and General accounts. In the share trading accounts, the clients are able to open Individual, Joint, Company, Trust, or Self-managed Super Fund accounts with FP Markets. Which I personally think is quite helpful for all sorts of market traders.

So, hats off to FP Markets for such a commendable initiative indeed! It is extremely easy to start a new account or transfer current CHESS-sponsored accounts with no fees and charges (also no inactivity fee). Traders can access all ASX-listed stocks for as little as $14.95.

Moving on, the share trading account of FP Markets is also divided into 3 categories. They are stated below:

  1. Standard Account
  2. NON-Leverage CFD
  3. Islamic Account

Now, let’s explore them in a bit of detail:

Standard Account:

Features commissions 0.11% and dividends at the payable date.

Non-Leverage CFD: 

Features commissions from 0.08%, short selling, and dividends at Ex-date.

Islamic Account: 

The Islamic Account is designed for, and accessible only to, clients who cannot pay or receive swaps or rollover interest on overnight positions due to religious reasons.

Note: This account will not debit card or credit card swap charge or swap credits when holding positions overnight.

If you still want to know more about the policies of the Islamic trading accounts then visit: FP Markets Islamic Accounts

FP Markets Review - All Trading Platforms

Trade with FP Markets are quite easy and their trading platforms are one of the most important factors that define a brokerage company whether it is one of a kind or not. Without giving access to the latest trading platform such as Web Trader, MT4 and MT5 a broker can't stand out in the competition.

As the reputation of FP Markets proceeds, they have given some serious thoughts on this factor. As a result, they are giving access to some of the smartest and innovative trading platforms of modern times including,

  • MetaTrader4
  • MetaTrader5
  • IRESS

In addition, you should get an advantage with their social trading and copy trading facilities. Moving on, let's get a detailed look at the features along with the Pros and cons of the trading platforms.

FP Markets Review - MT4 Platform

When it comes to trading platforms the first thing that crosses every trader's mind is the MT4 (research tools and trading indicators available). This trading platform is considered a classic go-to trading platform for both the experts and beginners of the foreign exchange market.

Therefore, as expected from FP Markets, they are giving access to the MT4 platform, and just so you know it is more advanced and developed than ever. Here are the features of this enthralling trading platform FP Markets offers:

  • Streaming Live Prices on Live and Demo accounts
  • Market Watch and Multiple Chart Windows
  • Numerous Order types
  • Expert Advisor and Indicator tools for trading
  • One-Click Trading
  • Multiple add-on platforms to access your trading anywhere, anytime
  • Client Terminal security communicates over a 128bit Secure Encryption
  • Alerting features
  • Fully customizable desktop, including background, font, and chart colours
  • Multiple Language options are changeable at a click of a button.

Without any doubt, the MT4 trading platform contains some of the best features at the same time it has some drawbacks that should be looked upon.

The Pros and Cons of MT4 Trading Platform

Pros

Cons

Ease of deployment.

Comprehensive historical data for backtesting isn’t available.

The platform doesn’t overload the computer.

Execution speed is not great and is unsuitable for high-frequency trading.

User-friendly design for beginner investors.

Its nascent web platform does not allow automated trading.

Compatible with several operating systems such as Linux, Mac, and Windows as well as iOS and Android.

The charting package does not provide a custom timeframe.

FP Markets Review - MT5 Platform

MetaTrader 5 is one of the most technologically advanced Forex trading platforms out there (. FP Markets offers a trading account that represents the evolution of the technological era. The primary features of this trading platform are:

  • Trade via your PC
  • One-Click Trading
  • Display Currency Market Depth
  • 6 pending orders types including Buy Stop Limit and Sell Stop Limit
  • 80+ inbuilt indicators & graphical objects
  • 21 timeframes
  • Inbuilt Economic Calendar
  • Improved strategy tester for EAs
  • Hedging allowed

That being said, let's highlight the pros and cons of the MT5 trading platform:

Pros

Cons

Easy-to-navigate interface.

Hedging for exchange markets is disabled.

A comprehensive suite of analytical tools.

A MetaTrader 4 user might have to relearn some techniques, 

as these two platforms use different programming languages.

Allows eight types of pending orders and 21 timeframes.

Advanced tools and features may be intimidating for a beginner.

The breadth of asset classes.

 

Economic calendar, which is provided as part of the platform.

 

FP Markets Review - IRESS Platform

FP Markets - the forex trading broker offers an IRESS platform, which provides multi-product execution and access to level 2 exchange data as standard. The IRESS platform features:

  • HTML 5 technology supported on all major web browsers
  • Compatible for Windows or MAC
  • Real-time, dynamic market data
  • High performing tools
  • Advanced charting
  • Module linking
  • Highly customizable interface
  • Intuitive and easy to use

The IRESS trading platform is a great initiative from FP Markets but sometimes you've to expect the worst-case scenario while using the IRESS trading platform. 

Let's break down some of the advantages and disadvantages of the IRESS trading platform:

Pros

Cons

IRESS is built with an intuitive design, supporting multi-product execution.

FP Markets withdrawal fees of 1% to 2% depending on the method you choose.

All order types are supported including the complexing one also.

Approximately, 8,000+ shares are locked behind Iress accounts with a $1,000 deposit.

Customized trade and news alerts are available on the IRESS platform.

Don’t give 24/7 support.

IRESS platform is available on desktop, web, and smartphones.

IRESS accounts come with service fees on top of commissions incorporated into spreads.

Note: FP Markets - the forex trading broker is also providing a web trading and social trading platform in which you can access all the trading platforms without any installation rather than in your browser.

FP Markets Review - HOW TO OPEN AN ACCOUNT?

To open an account with the FP Markets 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:

  • Now scroll down, and you’ll witness a button “Open an Account Now” and then click on it:

  • 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 - Forex Trading Broker. You should start with a demo account for investigating their platform prudently.

PROS AND CONS OF ACCOUNT OPENING

Pros

Cons

No Complications Involved

None

The process is super-fast

 

The estimated time to fill the form is 3 minutes

 

FP Markets Review - HOW TO WITHDRAW MONEY?

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 FP Markets withdrawal page by Clicking Here.
  • 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. Note that, you're able to Banks transfer as well.

Now, as we are done with the opening of the account and withdrawing the money, let’s discuss trading tools.

FP Markets Review - Trading Tools

FP Markets is one of the most technologically advanced Forex Brokerage companies in the online trading industry. But most importantly it is becoming more and more of a go-to platform for all Foreign exchange traders. Trading with FP Markets has one of the primary reasons behind this scenario probably might be the availability of numerous tools and a safe trading environment (note that they have also trading indicators). Now that we've already mentioned the tools, let's disclose the aspect in a few details.

FP Markets - this forex trading broker provides 3 different types of trading tools which obviously includes:

  1. MAM/PAMM
  2. Virtual Private Server
  3. Trader Toolbox

Here are the deets…

FP Markets Review - MAM/PAMM Account

The MAM account stands for Multi-Account Manager on the other hand the PAMM account stands for Percentage Allocation Management Module.

Source: atomiqconsulting.com

Note: MAM account is nothing like the MT4 terminal because the MT4 has its own limitations which MAM accounts don't have. With the help of a MAM/PAMM account, you can manage multiple trading accounts at the same time. At this moment, you might be wondering what are the differences between MAM and PAMM?

Well, the MAM services are bound with an online broker, on the other hand, the PAMM services are not. And... It's one of the major differences. Besides, some of the mathematical differences are:

Source: atomiqconsulting.com

The MAM/PAMM offers:

  • You can access several trading methods which include lots, percentage, equity, i.e.
  • All types of account modules are accepted.
  • Transferring trades from master to slave account is incredibly fast.
  • You can deposit as much you want as it doesn't have any sort of limitations.
  • You can use every available market tools including stop-loss, limitation, i.e.
  • You'll be able to monitor your trading stats all the time with the help of the MAM figure.

So, are you considering MAM/PAMM accounts? Let us know.

FP Markets Review - Virtual Private Server (VPS)

VPS is often referred to as the phrase Virtual Private Server. It provides the features of an entirely parallel server.

It (VPS) has its own Operating System (OS), applications, resources, and configurations. 

A VPS runs on its own core, including:

  • Unique OS.
  • Apps
  • Resources
  • And configs

And all these specs combine to make VPS a powerful server that can run multiple accounts at the same time. Using a VPS, a trader can run Algo trading strategies as well as trading EA's. It also reduces the chances of your computer or broadband connection shutting down while doing important tasks.

In simple words, it's the ULTIMATE solution.

Besides, FP markets - the best forex trading broker thought everything through as they've collaborated with LiquidityConnect.com in order to provide a low latency rate for their clients. Which contains the latest Equinix NY4 grid which was created by the BEST technologies out there. As a result, traders can seamlessly trade in the online market. The primary support system is situated in the Equinix New York Data Center, helping the market traders by giving them a relentless service.

Besides, VPS hosting has a lot of advantages including:

  • Reliability
  • Complete control
  • Scalability
  • Security
  • Cost-effective

And... more!

FP Markets Review - Trader Toolbox

Trader toolbox is proving to be quite a helpful hand for the market traders. Some of you may already know about the particular term" trader toolbox". On the other hand, there are a few who don't know enough about this term. In a simple word: It is a place where all the necessary trading tools are kept including an economic calendar, alarms, and trade terminal and i.e.

It doesn’t matter,  whether you are a novice or a pro trader, you need to take the advantages of a full range of tools that will help to take your trading to the next level. Evolve with a variety of tools such as economic calendar, alarms, and trade terminal, and much more. Get started now with their helpful user guides and video tutorials.

FP Markets Review - Spreads

Spreads on the MetaTrader 4 platform are variable, with quotes coming from major international financial institutions. During liquid times FP Markets industry-leading spreads can go as low as 0.1 pips. Check FP Markets Spreads List

FP Markets Review - Easy Deposit & Withdrawal

Alright, let's face it, every single foreign exchange trader wants one thing in particular from their desired brokerage company, and which is?

If you are a market trader then you might already know the answer and yes it is the "easy deposit and withdrawal" factor. Therefore it is safe to say that FP Markets has worked its way through making deposits and withdrawal processes simple and easy with the help of their secure client portal. 

All you need to do is log in using your client details and they'll provide you with all of the options you need to safely and securely fund and withdraw money from your account (also available for bank transfer). 

Credit Card, Neteller, Skrill, FASAPAY, Poli Pay, Online Pay, Bank Wire Transfer, Ngan Luong, Broker to Broker, Bpay, PayPal

To see more info please visit: FP Markets Withdrawals

FP Markets - Available Markets/Assets

FP Markets offers a world of tradable products ranging from Forex, Cryptocurrencies, Commodities to Futures, Global Equities, and CFDs (note that CFDs are complex instruments), all available from one account. Cryptocurrencies include Bitcoin, Bitcoin Cash, Ethereum, Litecoin, and Ripple (XRP).

Let's disclose the available market of FP Markets at a glance:

  • Equity CFDs
  • Index CFDs
  • Commodity CFDs
  • Futures CFDs
  • Currency Pairs
  • Metals & Commodities
  • Indices
  • Shares
  • Cryptocurrency CFDs

FP Markets Review - Bonuses

FP Markets is one of the strictest Forex brokerage companies in the online trading industry and due to that reason they don't usually provide bonuses. Attracting market traders by giving alluring trading bonuses has never been the purpose of FP Markets. Instead, they focus more on giving the market traders a unique and smart trading experience which is quite appreciative.

FP Markets Review - Awards

Forex trading broker FP has received several Forex awards nominations all over the years for giving exceptional services to the market traders. In return for these outstanding services the clients also voted for them in the Forex award-giving ceremonies.

As a result, FP Markets has won 40+ industrial awards including:

  • FP Markets: Best Forex Broker 
  • FP Markets: Best Execution Broker
  • FP Markets: Best Forex Expo
  • FP Markets: Best Cryptocurrency and Forex Broker
  • FP Markets: Best Cryptocurrency Exchange 
  • FP Markets: Best Gambling Expo 
  • FP Markets: Best Micro Forex Broker 
  • FP Markets: Best Crypto Broker Asia 
  • FP Markets: Best Trading Platform 
  • FP Markets: Best Crypto Mobile Trading App

Recently, FP Markets was crowned as the ‘Best FX Broker Australia’ for 2020 and that’s not it!  Just after celebrating their 15 years anniversary, they were awarded and recognized as the ‘Best Global Value Forex Broker’ for 2020.

Great going for FP Markets, Congrats!

FP Markets - Education Materials

Education materials provided by the brokers are HUGE these days. From my frank perspective, it is quite an innovative action. If the novice traders can make sure the best uses of these astounding opportunities, it can be proven to be a great asset to them. As we all know "Acquiring knowledge is an asset"

That being said, the market maker FP also tried to create a montage of the basics and the fundamentals of Forex trading. And the soul purpose behind this action is for the betterment of the market traders. Because in the Foreign exchange market, there are no limitations in studying the market fundamentals. The more you'll explore the more you'll gain profits. Here you can learn from their resources  Ebooks or Video tutorials.

FP Markets - Customer Support

Customer support is a specific feature that holds an exceptional place in the company's reputation. After all,  it is the central place where the clients and authorities interact with each other.

As a result, the more active customer support a broker has the better it performs in the competition among the other reputable Foreign exchange brokers. Bearing that in mind, FP Markets certainly possesses one of the top-notch Forex customer support in order to help its clients. FP Markets brokerage awarded multilingual customer support team is available 24/5 to assist all their clients. Clients can reach them directly through:

E-mail: [email protected]  

Telephone (AUS): 1300 376 233, (02) 8252 6800

Telephone (Int.): +61 (0)2 8252 6800

Fax (Aus.): (02) 8252 6899

Fax (Int): +61 (0)2 8252 6899

FP Markets - Safety And Security Of Funds

This online trading platform in simple words FP Markets is overseen by the top tier regulators Australian Securities and Investments Commission (ASIC). First prudential markets - FP Markets LLC is a registered company of St. Vincent and the Grenadines (ABN 16 112 600 281, AFS Licence No. 286354). Before you go, you just need to know why the Australian Securities and Investments Commission is so important that people concern about it thoughtfully. Being a registered company of St. Vincent and the Grenadines makes them a boldly worldwide presence.

According to the world-known regulation Australian Securities and Investments Commission ASIC, their main role is to establish, simplify and improve the performance of the financial operation and entities in it.

In addition, FP Markets 2022 - an outstanding forex trading broker that is regulated by the Cyprus Securities And Exchange Commission CySEC. The short name is CySEC that stands for Cyprus Securities And Exchange Commission which is a regulative company based in the Republic of Cyprus that allows you to give negative balance protection. And that pretty much implies that the company is under quite strict regulations to make the clients feel secure as well as giving them a safe trading environment. As a market maker, FP Markets safe trading opportunity gives you relaxed as always.

But that's not all,

This foreign exchange company does not accept applications from U.S, Japan, or New Zealand residents or residents from any other country or jurisdiction where such distribution or use would be contrary to those local laws or regulations.

Final Thoughts

2022 FP Markets Review: According to the review of this broker, that being said Trading With FP Markets is super easier than any other brokerage. FP Markets has developed advanced execution technology and providing comprehensive tools for both new and experienced Traders, including mobile trading applications, copy trading service, and FP Markets agent owns proprietary client areas. Their fancy customer service always ready to solve any issue within a short period of time. If you want to directly reach them then you can use their support team through this email ([email protected]).

No doubt, the modern brokerage - FP Markets will assist you to reach your target destination. Let's start your trading journey now.


Related Articles:
Compare Brokers - FP Markets Vs LiteForex
Nick Twidale Is Now Acting As APAC CEO In FP Markets
10 Mins. Interview With Co-Founder Of FP Markets

 

Alert: Through the prudent analysis, we're alerting you that between 74-89% of retail investor accounts lose money when opening a position in trading CFDs with this broker. CFDs are complex instruments than others.

 

FAQ

If you have an MT4 account then you can request this within the client portal. Alternatively, you can send an email to [email protected] clearly stating your account number, account name and your desired leverage. Using the IRESS platform you can only choose between a leveraged account and a non-leveraged account that would have been selected during the application process. If you wish to switch between leverage or non-leverage account then please email [email protected] with your request.

Yes. To open an additional account (or multiple additional) simply log into your client portal and open it from there. Alternatively, you can send an email to [email protected] stating your account name, existing account number and your request.

Depends on the deposit method you used – Wire transfers generally take between 1 – 3 business days depending on what time the funds were deposited or if it is an overseas funds transfer, BPay normally arrives the next day, whereas credit card deposits are normally the quickest depending if we need verification.

We offer multiple funding currencies for our accounts which include AUD, USD, EUR, GBP, SGD, HKD, JPY, NZD, CHF, CAD and CNY.

Yes! Both Iress and MT4 have a mobile platform that you can use to trade on the go. To download the platform please search IRESS or Meta trader4 on the android or apple app store.

We support the following account types: We offer Individual, Joint, Sole Trader, Company, Individual Trustee and Corporate Trustee. At the first step of the application page please select the relevant account type and complete the registration process following the instructions.

It’s easy! You just need a few minutes to complete our simple registration process, provide required documentation, and your account will be ready in a matter of hours.

Client funds are held with Commonwealth Bank, one of the Big 4 Banks of Australia. FP Markets, in accordance with regulations, holds client money at a nominated account separate to FP Markets money from client money. Client money is paid into the FP Markets segregated account and can only be used as permitted under the strict client money provisions. All monies are dealt with according to the guidance of the Australian Client Money Rules under the Corporations Act.

Australian No. 1 Forex Broker - FP Markets
Exclusive CFDs Forex Broker In 2022 - Australian No. 1 Forex Broker - FP Markets Overview
Pros
  • ASIC regulated funding
  • Offer Webtrader
  • Accept PayPal
Cons
  • Doesn't accept US clients
  • Doesn't Accept Bitcoin
  • No Bonuses