FP Markets Review 2022: Must Read Before Trade

FP Markets


Min Deposit


Min Spread


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The FP Market review focuses on the services and facilities of the FP Markets that have been offering many trading services to their clients for a comfortable and successful trade. Traders with the broker can invest in instruments for forex, commodities, stock, etc. It is one destination for CFDs for the markets, with various accounts having different functions to perform. 

With millions of traders investing their funds in various markets for endless opportunities and profit-making. It becomes highly important for traders to have the best trading strategies, tools, techniques, and brokers that can offer all the required support. 

To know the facilities and offerings of the broker, here we have the FP Market review that lists all the aspects of the broker and its services in detail. Readers can know the broker better and understand what they provide for a smooth trade.

FP Markets Review

REGULATION ASIC, CySEC, FSP, St. Vincent & Grenadines, 
INSTRUMENTS Indices, ETFs, Commodities, Cryptocurrencies, Stock CFDs, Forex, Metals, Bonds
SPREADS 0.0 pips
EDUCATION Market Outlook, eBooks, Traders Hub, News, video tutorials, 

FP Markets: Pros and Cons

FP Markets was introduced in the financial services industry in 2005 and had been developing with new advancements for the clients ever since. FP Markets clients can enjoy many benefits with the broker and its amazing facilities. However, the broker has some drawbacks, making it real for the clients.

Below we have the pros and cons listed for readers quick overview: 


  • Regulated and authorized broker 
  • Low forex fees
  • Easy account opening 
  • Deposit and withdrawal of funds are simple 
  • Educational support 
  • Research tools 
  • Advanced trading platforms 
  • Various trading products 


  • High fees on withdrawal of funds 
  • Limited products for portfolio management
  • High minimum balance for CFDs and stocks 

FP Markets Is A Scam Broker? Where Regulated Is It?

FP Markets is an authorized broker established in 2005 offering services in the market. The broker is called a global CFD and forex broker. It has won several trading awards and has regulation of the Australian Securities and Investments Commission (ASIC) in Europe, and its operations are regulated by the Cyprus Securities and Exchange Commission (CySEC). 

The firm is duly registered with St. Vincent and the Grenadines, making it a trustworthy and reliable brokerage service provider. In addition, traders have segregation of funds, corporate governance, and top-tier liquidity with the broker. Hence, it could be said that FP Markets is a reliable and legitimate broker and not a scam. 

FP Markets Review: Trading Account Types  

FP Markets has designed its trading accounts as per the requirements of the clients and market investors. It offers two types of trading accounts: Standard and Raw, which can further be incorporated into MetaTrader4 and MetaTrader5 trading accounts. Moreover, there is an Islamic trading account to help Muslim traders believe in Sharia law. 

The FP Markets trading accounts are mentioned below, and they must support the trade.

Standard Account (MT4 and MT5) 

The standard trading account of FP Markets is tailored for beginners and experts of the market. They can make maximum use of the services and facilities of the broker to have successful trading. Investors with this account can use the MetaTrader4, and MetaTrade5 trading platforms, whichever they feel is convenient for their trading goal. 

Here, we have listed the services of the Standard trading account: 

  • Minimum opening balance $100 AUD
  • Spreads from 1.0 pips 
  • 60+ trading instruments 
  • Maximum leverage 1:500
  • ECN-Pricing execution 
  • Zero commission per lot 
  • 0.01 lot minimum trade size 
  • Expert advisors 
  • Mobile application 
  • VPS available 

Raw Account (MT4 and MT5)

The raw trading account of the broker is best for the experts of the market. The account has both the trading platforms and all the services that would make it a smooth experience for the trader. It is popular among market investors and has the best trading facility. Below are the services offered by the raw account: 

  • Minimum balance $100 AUD 
  • Spreads from 0.0 pips 
  • 60+ trading instruments 
  • Maximum leverage 1:500
  • ECN pricing execution 
  • USD $3 Commission per lot 
  • 0.01 lot minimum trade size 
  • Expert advisors 
  • Mobile applications 
  • VPS services 

MetaTrader4 Account 

MetaTrader4 is a famous trading platform in forex and other markets. It is popular because of its customization and user-friendly interface. In addition, traders can have one-click trading. The investors are provided with the option of selecting their trading accounts with these services and enjoy the benefits of MT4. An investor can have the following with MetaTrader4 account: 

  • Zero trading commission 
  • Small opening balance of $100 AUD 
  • Lightning-fast trade execution 
  • Fiber optic connection 
  • Tight spreads 
  • Flexible leverage 
  • Multiple account options 
  • 70+ trading products 
  • Charting tools 
  • Expert advisors 
  • Automated trading 
  • Demo account 

MetaTrader5 Account

MetaTrader5 is the first-rate journey for investing in various instruments of the market. The trading platform is technologically advanced and is an apt choice for professionals in the market. It offers a wide range of technical tools, customization, trading strategies, and trading styles. Moreover, it works with all the devices and has the following features: 

  • Low trade commission 
  • Low initial balance 
  • Lightning-fast execution 
  • Tight spreads
  • Flexible leverage 
  • Spreads from zero pips 
  • Multiple account options 
  • Trading options 
  • 70+ trading products 
  • Demo account 
  • Automated trading 
  • Expert advisors 
  • Charting tools 

Islamic Account 

The Islamic trading account of FP Markets which is also called the swap-free account is for the Muslim clients of FP Markets. Investors who believe and follow Islamic law should have no interest or swap charges for the overnight positions. However, the account holder is charged with an administration fee deducted directly from the account of the trader. 

Investors of such accounts can have access to MetaTrader4 and MetaTrader5 accounts. In addition, practice with a demo account if required. 

Traders have all the facilities of the standard and raw accounts for market trading.

How To Open Account With FP Markets? 

The FP Markets allows its clients to have an easy procedure to open their trading accounts. They can visit the official webpage of the broker, www.fpmarkets.com, to get registered and fill in other formalities for creating a brokerage account. We have listed the steps for opening the account: 

  • STEP 1. Click on the open live tab, and a new window opens. It has the personal information form, which is filled out to get registered and the step towards opening an account with FP Markets. 
  • STEP 2. The form asks for details such as Email, first name, last name, account types, country, gender, and phone number. After that, traders can click on the save and continue button for further information. 
  • STEP 3. The further information page includes previous trade experience, source of income, tax fillings, documents available, etc. Traders have to fill it out to move ahead and access the account. 
  • STEP 4. Next is account configuration, where the broker verifies the traders with documents provided by the client. Once the account is verified, traders can move ahead and fill in other required fields. 
  • STEP 5. The declaration window that the broker requires traders to agree with is age should be above 18 and product vouchers etc. Traders have to tick mark it and deposit the funds to begin trading. 

The deposit of funds could be a minimum of the broker $100 AUD or higher depending on the investor’s choice. So with this process, traders can have access to the trading account of FP Markets.

Trading Platform Provided By FP Markets

FP Markets has two significant trading platforms: web trader and mobile applications for easy trade access. The broker has offered popular and highly advanced trading platforms to its clients for comfortable trading and prediction of the markets. 

Mentioned below are the trading platforms individually for traders’ understanding. 

MetaTrader4 (MT4)

MetaTrader4 is the popular forex trading platform that was established in 2005 by MetaQuotes. It was specifically tailored for the forex market; however, due to its user-friendliness, it is now used with other markets as well. It is easily downloadable and supports all devices. 

FP Markets has promised to provide their clients with a seamless trading environment possible with MetaTrader4. Investors can have the following benefits with this trading platform: 

  • Charting tools 
  • Expert advisors
  • Numerous technical indicators 
  • Real-time price charts 
  • Market news and insights
  • Automated trading 
  • Customizable interface 
  • One-click trading 
  • Market watch 
  • Customizable alerts 
  • 60+ Pre-installed indicators 

MetaTrader5 (MT5)

MetaTrader5 was introduced in 2010 and is the most advanced trading platform in financial markets. It is a multi asset trading platform that was designed for forex and CFD trading specifically. Although, traders can use it for other markets as well. The platform has a wide range of analysis tools for markets, has all the required tools, and many more services listed below: 

  • Trading of all the markets 
  • Spreads from zero pips
  • Leverage 1:500
  • Depth market display 
  • Technical indicators 
  • Six pending stop order types 
  • Strategy tester 
  • Expert advisors 
  • Mobile apps and in-built market trading system 
  • Trading functions and alerts 
  • Push notifications and emails on phones 
  • Forex signals 
  • Copy-trading 
  • 21-time frames 
  • 8 order types 


Webtrader service is provided with the MetaTrader4 and MetaTrader5 to make the trade more flexible. It makes trading directly from the browser without the need for any download. With MT4 and MT5, traders can have the following benefits of webtrader: 

  • Global use 
  • Allows trading of products available 
  • Spreads from zero pips 
  • Leverage 1:500
  • ECN pricing 
  • No requotes 
  • Ease of trading 
  • Accessibility 
  • One-click trading 
  • Multiple order types and execution 
  • Real-time price quotes 
  • Data synchronization
  • 24 hours online support 
  • Multiple language support 
  • Personal manager 
  • Depth of market feature 

Mobile Trading Application

Mobile application helps traders have traded on-go features with FP Markets. Investors can access trading tools, markets, and everything through their mobile app and monitor their trade anytime and anywhere. Thus, traders have control of their investments in their hands. They can have the following features with the mobile application of FP Markets: 

  • Available on iOS and Android devices 
  • Has favourite menu option for direct use 
  • Seamless trading 
  • One-click trading 
  • Instruments 
  • Trading tools 
  • Funding 
  • 24-hour availability 

Trading Instruments

FP Markets has 60+ trading instruments of various markets; below is the list of markets that traders can invest in with the broker: 

  • Forex 
  • Shares 
  • Metals 
  • Commodities 
  • Indices 
  • Digital currencies 
  • Bonds 
  • CFDs 

Commission and Spreads 

FP Markets broker is a reputed and reliable market service provider and thus has zero trading commission and transaction fees. However, the broker has a certain commission or transaction cost on the Raw account trading. It charges a commission of $3 USD for the services. But there are no extra charges or inactivity fees. 

Spreads are the gap between instruments’ high and low prices in the market. Investors have to pay their broker the difference between these two. The standard account of FP Markets has 1.0 pips spreads, and the raw account has 0.0 pips spreads. The spreads of brokers are tight and low compared to other market brokers.


Leverage is the loan the broker offers to clients of high trade positions. Investors can use it to open their market position high with a low initial deposit. The FP Markets provide their client’s maximum leverage ratio of 1:500. 

However, traders should use it carefully due to the risks associated with high leverage trading. 

Deposit and Withdrawal 

Deposit is the funds that an investor keeps in the trading account to invest. Traders can have an initial deposit of $100 AUD with FP Markets or more, depending on their choice. Withdrawal of funds is the process of taking out the money from the trading account. With FP Markets, traders have easy and fast withdrawals through the Secure Client Portal. 

The investors are provided with various options to deposit and withdraw their funds from FP Markets trading accounts.

  • Neteller 
  • Skrill 
  • Online banking 
  • Bank wire transfer 
  • VISA 
  • PayTrust 
  • FasaPay 
  • Perfect Money 

Education and Research Support 

FP Markets broker has all the required services that would be helpful for the clients. The broker has educational and research tools that support learning and finding the best trading instruments. Traders can analyze the market using the research tools and even educate at the same time with the following education tools:

  • Webinars 
  • Trading courses videos 
  • Podcasts 
  • Events 
  • Platform video tutorials
  • eBooks 
  • Glossary 
  • Newsletter 

Research tools available with the broker are: 

  • Trading knowledge 
  • Technical analysis 
  • Fundamental analysis 
  • Economic calendar
  • Forex calculator 

Customer Support 

FP Markets has 24 hours customer support to assist their clients with professional help. The team is trained and is available in multiple languages for convenient trading services. Investors can connect with the team 24 hours a day using the following: 

  • FAQs
  • Call back 
  • Traders hub blog 
  • Live support 
  • Contact number: +44 28 2544 7780 
  • Email: [email protected] 

Final Verdict 

FP Markets is a reliable and authorized broker of the market, having all the required facilities. Traders can have various trading accounts, leverage, zero commission and spreads, trading platforms, customer support, instruments to trade, deposit and withdrawal, mobile applications, and many more services to make a profitable trade. 

The broker makes sure to offer all the facilities that would make a smooth trade and help investors achieve their goals. Traders can choose the broker for forex, CFD, and other market trading instruments. However, they can first visit the website of the broker to acquire information. 


How to connect with the customer support team of FP Markets?

Traders can connect with the team using the following: 

  • FAQs
  • Call back 
  • Traders hub blog 
  • Live support 
  • Contact number: +44 28 2544 7780 
  • Email: [email protected] 

What all instruments and markets are available with FP Markets?

The broker has 60+ trading instruments of the following markets: 

  • Forex 
  • Shares 
  • Metals 
  • Commodities 
  • Indices 
  • Digital currencies 
  • Bonds 
  • CFDs 

How to connect with the customer support team of FP Markets?

Traders can connect with the team using the following: 

  • FAQs
  • Call back 
  • Traders Hub blog 
  • Live support 
  • Contact number: +44 28 2544 7780 
  • Email: [email protected] 

What all instruments and markets are available with FP Markets?

The broker has 60+ trading instruments of the following markets: 

  • Forex 
  • Shares 
  • Metals 
  • Commodities 
  • Indices 
  • Digital currencies 
  • Bonds 
  • CFDs 

What is the leverage ratio provided by FP Markets?

FP Markets offers a leverage ratio of 500:1.

How is FP Markets regarded as a broker?

FP Markets is considered trustworthy, earning an overall Trust Score of 87 out of 99.

Can Indian traders access FP Markets’ services?

Yes, FP Markets is available to all Indian traders, provided they meet the minimum deposit requirement of 100 AUD (or equivalent currency).

Does FP Markets offer its services for free?

While FP Markets has minimal forex and non-trading fees, they do not charge an inactivity fee.

Where is FP Markets based?

FP Markets has headquarters in Australia, Cyprus, and South Africa.

Do FP Markets offer ECN (Electronic Communication Network) trading?

Yes, FP Markets provides an ECN account option.

What is the minimum deposit required by FP Markets?

The minimum deposit for FP Markets is $100.

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