FPMarkets Forex Broker Service Review | Is FPMarkets a SCAM or a Good broker?

FP Markets is a leading online Forex and CFD broker established in Australia, known for its expansive array of trading options and robust technology. The broker facilitates trading across several asset classes with consistently tight spreads and notable leverage options. Clients can trade a multitude of CFDs using one of FP Markets’ several account types, each offering unique benefits tailored to different trading styles.

Go to the Registration Page

Trading Platforms and Technology

FP Markets supports three advanced trading platforms: MetaTrader4 (MT4), MetaTrader5 (MT5), and Iress. These platforms are equipped with user-friendly interfaces, sophisticated analytical tools, and automated trading capabilities, making them suitable for both novice and experienced traders. The integration of these platforms with high-performance servers ensures swift and reliable order execution with minimal latency.

Open an account with FPMarkets

Detailed Account Types Comparison

FP Markets offers two primary types of trading accounts: Standard and Raw. Both account types provide access to ECN pricing and high leverage up to 1:500, with the primary differences being in the cost structure and trading conditions:

• Standard Account: Features no commission on trades and spreads starting from 1.0 pip, ideal for those new to trading or preferring a simpler fee structure.
• Raw Account: Caters to high-volume traders with spreads from 0.0 pips and a commission of $6 per round turn lot, offering a more cost-effective solution for those trading large volumes.

Both accounts support trading on MT4 and MT5 platforms and offer a range of CFDs on forex, metals, indices, and commodities.

Go to the Registration Page

Extensive Product Offerings

FP Markets excels in providing an extensive range of tradable products:

• Forex: Over 60 currency pairs including majors, minors, and exotics.
• Shares: Access to global share CFDs, with more than 10,000 stocks available through the Iress platform.
• Indices: Opportunities to trade on 19 major global stock indices.
• Commodities: Diverse commodities such as precious metals, energies, and agricultural products.
• Cryptocurrencies: Popular digital currencies like Bitcoin, Ethereum, and Litecoin are available for trading.

Open an account with FPMarkets

Key Features and Advantages

Flexible Trading Conditions:

Traders can enjoy some of the lowest trading costs, with raw spreads and no hidden fees.

Regulation and Security:

Regulated by the Australian Securities and Investments Commission (ASIC), FP Markets ensures a high level of investor protection.

Diverse Market Access:

The broker offers over 10,000 financial instruments, providing traders with vast choices for diversifying their trading strategies.

Advanced Trading Tools:

FP Markets integrates with Equinix servers across its platforms to enhance the trading experience with faster execution speeds.

Support and Resources:

Traders benefit from multilingual customer support and a range of educational resources, enhancing their trading knowledge and skills.

Go to the Registration Page

Unique Selling Points of ECN and DMA Models

FP Markets employs ECN and DMA models to offer superior pricing and liquidity:

• ECN Trading: By using an Electronic Communication Network (ECN), FP Markets provides traders with direct access to other market participants through forex liquidity providers. This setup enhances transparency, reduces trading costs, and eliminates price manipulation.
• DMA CFD Pricing: The Direct Market Access (DMA) model allows traders to view and trade directly with the underlying market prices for shares and futures. This means no mark-up on spreads and a more transparent trading experience.

FP Markets stands out as a top choice for traders looking for a reliable and competitive trading environment. It combines advanced technology, a wide range of tradable products, and a secure trading framework underpinned by strong regulatory standards. The flexibility in account types, coupled with low trading costs and access to powerful trading platforms like MT4, MT5, and Iress, makes FP Markets a preferred broker for traders aiming to maximize their trading potential.

Traders interested in exploring the detailed offerings of FP Markets can find more information and open an account through the FP Markets Official Website, which offers direct links to account registration, platform downloads, and comprehensive support resources.

Open an account with FPMarkets