FP Markets is an online Forex and CFD broker that offers a quick and straightforward account opening process through its advanced trading platforms.
FPMarkets Account Opening Guide. Table of Contents
FP Markets is recognized as a premier online Forex and CFD broker, providing a streamlined gateway to a broad range of financial markets through its sophisticated trading platforms. This comprehensive guide details the steps required to open an account with FP Markets, ensuring a smooth start for new traders.
Step-by-Step Account Opening Process
- Visit the FP Markets Official Website.
- Click on “Open Live” to navigate to the account opening page.
- Complete the application form by following the on-screen instructions or sign up quickly by linking a Google or Facebook account.
- Receive account login credentials via email.
- Download and install your preferred trading platforms, such as MT4, MT5, or IRESS.
- Log in and start trading across various financial markets.
The entire registration process is designed to be exceptionally quick, typically taking about 3 minutes online, emphasizing FP Markets’ commitment to providing hassle-free access to trading.
Detailed Account Configuration
During the registration process, you will be prompted to complete several key sections:
- Personal Details
- Further Information
- Account Configuration
- Declaration
- Start Trading
These sections are critical as they help customize your trading experience and ensure compliance with trading regulations.
Diverse Trading Platforms and Accounts
Unlike many brokers that offer limited choices, FP Markets provides multiple trading platforms and account types:
- Standard Account
- Suitable for beginners with a minimum deposit of 100 AUD, offering spreads from 1.0 pip and no trading commissions.
- Raw Account
- Ideal for experienced traders looking for tighter spreads from 0.0 pips and a commission of $6 per round turn lot.
Each account type offers access to FX pairs, metals, indices, and commodities, facilitated by ECN pricing for a transparent trading environment.
Advanced Features and Options
For those seeking advanced trading capabilities, the IRESS platform offers Direct Market Access (DMA), suitable for a range of financial instruments. The account types available on IRESS are tailored to different levels of trading capital and volume:
- Standard
- A minimum deposit of $1,000 with a brokerage rate starting from $10 minimum then 0.1%.
- Platinum
- Requires a $25,000 minimum deposit, with reduced brokerage rates.
- Premier
- For high-volume traders, starting from a $50,000 deposit, offering the lowest rates and additional benefits.
Specialized Accounts for Diverse Traders
FP Markets also offers Islamic Swap-Free accounts, which comply with Sharia law by not incurring swap or interest charges on overnight positions. Instead, an administration fee is applied:
- Islamic Standard
- Islamic Raw
These accounts need to be set up through a standard or raw account request with the Islamic Swap-Free status.
Comprehensive Investment Options
FP Markets provides access to over 10,000 financial markets, including:
- Forex
- Shares
- Metals
- Commodities
- Indices
- Cryptocurrencies
This vast selection offers numerous opportunities for traders to diversify their portfolios, leveraging FP Markets’ advanced technological infrastructure and competitive ECN pricing.
Opening an account with FP Markets is straightforward, designed to enable easy access to global financial markets for traders at all levels. With multiple platform options, diverse account types, and a wide range of financial instruments, FP Markets offers a robust trading environment tailored to meet the needs of modern traders. For more detailed information on the specific features and benefits of each account and platform, please visit FP Markets’ official website.
Please check FP Markets official website or contact the customer support with regard to the latest information and more accurate details.
FP Markets official website is here.
Please click "Introduction of FP Markets", if you want to know the details and the company information of FP Markets.
(Forex Broker)
Comment by Diletta
March 26, 2024
Awesome bonuses, good leverage. A few hiccups, but support rocks!