Rate by User
4.8
Business Info
“FP Markets is regulated by the Australian Securities and Investments Commission (ASIC), offering more than 10,000+ tradable financial instruments covering Forex, Equities (Share CFD’s), Metals, Commodities, Indices and Cryptocurrency CFDs with a range of accounts offering ECN and DMA trading on MetaTrader 4, MetaTrader 5 and the Iress platform for Desktop, Web and Mobile.”
FP Markets was founded in 2005 and is regulated by the Australian Securities and Investments Commission (ASIC), offering segregation of client funds and top tier liquidity. FP Markets is a group of companies that includes First Prudential Markets Ltd which is authorised and regulated by the Cyprus Securities and Exchange Commission.
The broker offers the ability to trade on more than 10,000+ financial instruments covering Forex, Equities (Share CFD’s), Metals, Commodities, Indices and Cryptocurrency CFDs. Users have access to a range of accounts including the Standard Account (commission-free) and Raw Account (commission-based) for MetaTrader users, both offering ECN pricing and maximum leverage of 500:1. Users can also access Iress Accounts which are commission-based.
Traders can use the globally-recognised MetaTrader 4 and MetaTrader 5 trading platforms for desktop, web and mobile, as well as, the Iress active trader trading platform. Traders can also access a wide variety of trading tools which include MAM/PAMM accounts, VPS services, Forex calculators, an MT4 Trader Toolbox full of additional indicators and access to AutoChartist.
FP Markets also offers a range of education and market analysis resources through the Traders Hub which includes technical analysis and fundamental analysis articles and videos, as well as, trading ebooks and video tutorials. Users can access live support via telephone, email and live chat 24 hours a day, 5 days a week.
Pros:
- ASIC regulated.
- ECN pricing and DMA trading available.
- 10,000+ tradable financial instruments.
- Wide range of trading platforms and trading tools available.
- Excellent customer support and education tools.
Cons:
- The volume of choice of markets and accounts may be overwhelming for beginner traders.