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FP Markets - Review 2020

forex broker

CompanyFP Markets LLC.
Foundation2005
CountrySt. Vincent and the Grenadines
Payment optionsVisa, Master Card, Bank Transfer, Neteller, Skrill, FasaPay, PayTrust, Nganluong.vn, Directa24, Broker to broker,
Minimum account size0.01
Minimum DepositAUD $100
Leverage1:500
SpreadLow
Regulation- ASIC regulated provider of CFD and Forex trading services (ABN 16 112 600 281, AFS License No. 286354); - Regulated by the Cyprus Securities and Exchange Commission (CySEC License number 371/18.
Websitewww.fpmarkets.com

Advantages

  • Broker Type : ECN/DMA.
  • Platforms: MetaTrader 4/5, Web Trader, Iress for Desktop/Mobile/Tablet.
  • Low Spreads.
  • MAM/PAMM Availavle.
  • Multiple Ways Of Account Funding.
  • ECN/DMA Pricing Available.
  • Scalping Allowed.
  • Hedging Allowed.
  • Expert Advisors Allowed.
  • Affiliate Program.
  • Islamic Accounts Available.
  • Trade Forex, Shares, Indices, Commodities, Metals, and Cryptocurrencies.

Disadvantages:

  • U.S, Japan or New Zealand residents aren't allowed to open an account.

Bonuses/Promotions

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Expert Advisor
XM Group

Reviews

2 reviews of this broker are presented here.

Posted by Stefan Wagenaar from USA on Monday, 07.13.20 @ 10:41am | #1118

FP Markets - Some early thoughts
I signed up with FP about a month ago, and everything about them is exactly as advertised. The sign up process was straightforward and pretty standard. Their customer service is also good. On their raw accounts, spreads are INSANELY low, with EURUSD gneuinely sitting at 0.0 - 0.1 pips throughout most of the day during the London and London/New York overlap. Spreads also do not widen nearly as much as they would with other brokers during the gap between the New York and Asian sessions, and even at closing time on Fridays you can expect EURUSD to only go as high as 5 pips. Additionally, a lot of brokers claim to offer leverage of up to 500:1, but this

Posted by Dukas from Malaysia on Thursday, 02.20.20 @ 02:48am | #1064

Good customer support and reliable broker, had no issues with them till now.

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Trade With A Regulated Broker

Broker Profile Open Account
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  • Regulation : CySEC, 178/12 IFSA (St. Vincent and Grenadines), 21927 (IBC 2014)
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    Contact us
    fxvnpro@gmail.com