FP Markets is an online broker that offers trading services in various financial markets, including Forex, indices, commodities, and cryptocurrencies. The company was founded in 2005 and is based in Australia, with additional offices in China, Dubai, and Cyprus.

FP Markets is a well-regulated and reputable broker that offers a good range of trading features and instruments. It is a good choice for experienced traders who are looking for low spreads and high liquidity.

FP Markets offers a range of trading platforms, including MetaTrader 4, MetaTrader 5, and the IRESS platform, which provides access to advanced charting and trading tools. The broker offers multiple account types, including Standard, Raw, and Islamic accounts, with varying minimum deposit requirements and spreads.

FP Markets’ fees are generally competitive. Spreads start from 0.0 pips on forex majors, and there are no commissions. FP Markets’ customer support is available 24/7 by phone, email, and live chat.

FP Markets is regulated by the Australian Securities and Investments Commission (ASIC) and the Cyprus Securities and Exchange Commission (CySEC), which ensures that the broker operates in compliance with financial regulations and provides a certain level of protection for clients’ funds.

Here are some of the pros and cons of FP Markets:

Advantages of FP Markets (Pros)

• Regulated by top-tier financial authorities, including ASIC, FCA, CySEC, DFSA, and SCBA
• Wide range of trading instruments, including forex, CFDs on stocks, indices, commodities, cryptocurrencies, and metals
• Variety of trading platforms, including MetaTrader4, MetaTrader5, and cTrader
• Competitive spreads and no commissions
• 24/7 customer support
• Good reputation among traders

Disdvantages of FP Markets (Cons)

• High leverage limits can be risky for inexperienced traders

FP Markets is ranked highly in many broker rankings. Here are a few examples:

• ForexBrokers.com: 87 out of 99 (Trusted)
• BrokerChooser: 4.3 out of 5 stars
• WikiFX: 4.7 out of 5 stars
• Myfxbook: 4.9 out of 5 stars

These rankings are based on a variety of factors, including regulation, trading instruments offered, trading platforms, fees, and customer support.

It is important to note that rankings are not always a reliable indicator of a broker’s quality. However, they can be a helpful starting point when researching brokers. It is always best to do your own research and compare different brokers before making a decision.

Best Features of FP Markets

1. Regulated Broker: FP Markets is regulated by the Australian Securities and Investments Commission (ASIC), which ensures that the broker adheres to strict rules and regulations to protect traders’ funds and interests.
2. Wide Range of Trading Instruments: FP Markets offers a wide range of trading instruments across various asset classes, providing traders with numerous opportunities to diversify their portfolios.
3. Competitive Spreads: FP Markets offers competitive spreads on its trading instruments, with spreads as low as 0.0 pips for some forex pairs.
4. Multiple Trading Platforms: FP Markets offers multiple trading platforms, including MetaTrader 4 and 5, WebTrader, cTrader, and Iress, giving traders a variety of options to choose from based on their preferences.
5. FP Markets offers a variety of account types, including standard, ECN, and Islamic accounts.
6. FP Markets offers a variety of educational resources, including webinars, eBooks, and trading guides.
7. FP Markets offers a demo account, which allows traders to practice trading without risking any real money.
8. Low spreads: FP Markets offers some of the lowest spreads in the industry, starting from 0.0 pips on forex majors. This means that traders can keep their trading costs low.
9. High liquidity: FP Markets has a high liquidity pool, which means that traders can easily enter and exit trades without affecting the market price.
10. Competitive commissions: FP Markets does not charge commissions on forex trades. This means that traders only pay the spread, which can save them money.
11. 24/7 customer support: FP Markets offers 24/7 customer support, which means that traders can get help whenever they need it.
12. Good reputation: FP Markets has a good reputation among traders. This is a good indication that the broker is reliable and trustworthy.

More Details About FP Markets:

• Name: FP Markets
• Founded: 2005
• Headquarters: Australia
• Regulation: ASIC, FCA, CySEC, DFSA, SCBA
• Trading instruments: Forex, CFDs on stocks, indices, commodities, cryptocurrencies, and metals
• Trading platforms: MetaTrader4, MetaTrader5, cTrader
• Spreads: From 0.0 pips on forex majors
• Commissions: None
• Deposit and withdrawal fees: None
• Customer support: 24/7 by phone, email, and live chat

FP Markets is a reputable broker with a strong reputation in the industry. However, as with any investment, it’s important to conduct your own research and carefully consider the risks involved before opening an account with any broker.