FP Markets, situated in Australia, is one of the most dependable and safe brokerage firms in the online trading industry.
This well-known brokerage was founded in 2005 and is based in Sydney.
FP is governed by two of the most stringent regulatory authorities, the ASIC (Australian Securities and Investments Commission) and the CySEC (Cyprus Securities and Exchange Commission.)
Furthermore, FP is recognized for its accolades and offering an extremely broad choice of trading accessories (over 13,000), such as forex, CFD, commodities, indices, and cryptocurrencies. Find out more deets…
Award Winner FP Markets:
FP Markets was named "Best Trade Execution" at the Ultimate Fintech Awards 2022, held on the last evening of the iFX EXPO International at Columbia Beach in Limassol.
Craig Allison, President of Europe, the Middle East, and Africa, stated: "We are honored to be recognized as the industry's leading fintech for trade execution.
And receiving this prestigious award confirms that our hard work and dedication to excellence are valued by our clients and recognized within the industry.
The "Best Trade Execution" award recognizes and rewards the company that consistently provides its clients with competitive pricing, fast execution, market-leading technology, and service excellence.
At FP Markets, we take pride in these attributes and always provide our clients with the ultimate trading experience."
An Ultimate Fintech Award is a distinguished award given to fintech in the B2B and B2C online trade industry.
Ultimate Fintech has developed a unique industry benchmark for both brokers and B2B service providers using their years of expertise in the fintech and finance area to give traders and businesses an industry benchmark of the top firms to trade and do business with.
FP Markets provides traders with access to CFDs on Forex, Indices, Commodities, Stocks, Bonds, and Cryptocurrencies, making it one of the largest offerings in the business.
It also provides 8 platforms, including MT4, MT5, and Iress.
Over the last 16 years, FP Markets has discovered that the combination of continuously narrow spreads and rapid execution, cutting-edge platforms, a diverse product offering, and first-rate customer service is the critical element that gives serious traders the confidence to trade.
In a summary
FP is well-known for offering a wide range of trading accounts simultaneously. To be more explicit, the trading accounts provided by FP are divided into three categories:
As a result, pick wisely!
You may select between Raw and ECN trading accounts in the trading platform areas.
The General or Raw trading accounts are best suited for novice traders, with a minimum investment of merely $100 or an equivalent amount.
Furthermore, the highest leverage is 1:500 and according to commissions, it is accessible in basic accounts but $3 in raw trading accounts.
The IRESS accounts are then separated into platinum and premier trading accounts, which were created specifically for experienced traders.
Furthermore, the platinum account requires a 25,000$ investment, while the premier account requires a 50,000$ deposit.
FP is renowned for offering a multitude of distinct trading accounts at the same time. Specifically, the trading accounts provided by FP fall into three distinct categories:
Consequently, choose carefully!
In the trading platform areas, you have the option to choose between Raw and ECN trading accounts.
Moving forward, the General or Raw trading accounts are ideally suited for novice traders, as the minimum investment is merely $100 or its equivalent.
In addition, the maximum leverage is 1:500, and commissions are free for regular accounts but three dollars for Raw trading accounts.
The IRESS accounts are then separated into platinum and premier trading accounts, both of which were designed exclusively with professional traders in mind.
In addition, the minimum deposit for a platinum account is $25,000, while the required deposit for a premier account is $50,000.
In addition, the minimum commission each deal is 10 dollars, with an additional 0.1% fee for ordinary accounts.
Similarly, the minimum amount for platinum accounts is nine dollars with an additional fee of 0.09%. The margin requirements for CFDs and equities for all three trading accounts begin at $3.
Lastly, we would like to mention that the spreads of FP can frequently be quite low, and depending on liquidity, can go as low as 0.1 pips.
In addition to offering MAM and PAMM accounts, FP Markets also offers Islamic swap-free choices to Muslims around the world.
Furthermore, the minimum commission is $10 per lot, with an extra cost of 0.1% for ordinary accounts.
Similarly, the minimum deposit for platinum accounts is $9, with an extra fee of 0.09%.
For all three trading accounts, the margin requirements for CFD and Equity begin at $3.
Finally, we'd like to remind out that FP spreads may frequently be fairly modest, as low as 0.1 pips in some cases, depending on liquidity.
Note: FP Markets offers Islamic swap-free choices and MAM and PAMM accounts to all Muslims worldwide.
Aside from that, the highest leverage is 1:500, and the withdrawal commission is a mere $3. ( only for the Raw accounts ).
Following the general trading accounts, the IRESS, and the Share trading accounts supplied by FP Markets.
Note: Despite being tightly regulated, FP markets are currently providing a 20% deposit bonus to traders across the globe. So, still, waiting up? Hurry up, or you may lose the chance to get your hands on the 20% deposit bonus given by FP markets
All hands on deck, FP Market is likely one of the most secure brokerage firms operating on a worldwide scale. First Prudential Markets, an Australian high-end brokerage, is governed by:
Hold your breath; there's more to come!
BDO Australia, an external Australian independent auditor, audits FP, and customer money is additionally HEAVILY isolated through AAA-rated institutions.
Consider the National Australia Bank or the Commonwealth Bank of Australia.
So, looking for a perfect broker to start your online trading career? Hop on with FP markets from this very moment.