FP Markets Review Trusted Broker? Pros, Cons & Spreads

FP Markets Review Trusted Broker? Pros, Cons & Spreads

Here you can access an increased number of technical indicators, an economic calendar, more pending order choices and an increased number of 21 timeframes for fantastic attention to detail in trading. This all adds up to more than 50 charting indicators and 30 trading tools being available through MetaTrader, and an additional 50 or more indicators through IRESS. If you meet certain requirements, you can also qualify for a VPS service as provided through the broker to increase your privacy and security even further. In any case, this is good for keeping trading accessible to all through FP Markets.

Versatile Tools for Every Trader

However, the variety of instruments and potential for high leverage might be overwhelming for complete beginners. In my experience, FP Markets generally offers good market depth and liquidity. This means you can enter and exit trades efficiently without significant price gaps. However, liquidity can vary depending on the specific currency pair and market conditions. Overall, my experience with order execution on FP Markets was positive. Market orders on major forex pairs were filled almost instantly, which is exactly what you want when the market is moving fast.

Money Protection

One of the standout features of FP Markets is its competitive spreads, which enhance the cost-effectiveness of trading across various asset classes. This can significantly benefit traders by reducing their transaction costs and optimizing profitability. Furthermore, the broker’s commitment to regulatory compliance adds an extra layer of security for clients, assuring them of a safe trading environment. Areas we scored FP Markets the highest were excellent customer service (9/10), great educational resources (8/10) and a wide variety of funding methods (8/10).

Minimum Deposit Threshold

FP Markets offers the Iress platform suite for share trading, but MetaTrader is the primary platform option for forex and CFD trading. With support for Autochartist plugin integration as well as platform add-ons from FX Blue as part of its Trader Toolbox offering, FP Markets is a great choice for traders who want to use MetaTrader. FP Markets’ excellent MetaTrader offering had it finishing Best in Class for MetaTrader in our 2024 Annual Awards.

It also provides access to tools like Autochartist, Trading Central, free VPS, social trading, etc. Additional fees may be charged when using certain payment methods but this is expected from nearly all brokers. You can open an account in a good selection of currencies including USD, GBP, EUR, CHF, JPY, NZD, CAD, SGD, HKD & AUD. The various different currency options are beneficial as currency conversion fees do not apply when using an account in your own currency.

FP Markets Review Of 2025

We used the chat service multiple times and consistently received responses within 10 to 30 seconds. The support team was fp markets review knowledgeable, promptly addressed our questions, and provided links to relevant resources when needed. We also used the email facility and received a prompt response within 15 minutes answering all of our questions thoroughly.

• These include ASIC (Australia), CySEC (Cyprus), FSCA (South Africa), FSA (St. Vincent and the Grenadines), FSA (Seychelles), FSC (Mauritius) and CMA (Kenya).
• A quality FAQ section answers many questions, and most traders may require additional assistance only during emergencies.
• FP Markets uses ECN execution with a fiber optic connection to a high-end server at the NY4 Equinix facility in New York.
• In this way, you can always be sure to get the answers or help you need.
• He holds dual degrees in Finance and Marketing from Oakland University, and has been an active trader and investor for close to ten years.
• We have over 20 years of experience when it comes to trading online so we know what to look for.
• Enjoy the advantage of minimal spreads starting from 0.0 pips and easily trade these ETFs through your FP Markets account.

• The good news is FP Markets’ platform makes navigating this instrument ocean a breeze.
• Areas we scored FP Markets the highest were excellent customer service (9/10), great educational resources (8/10) and a wide variety of funding methods (8/10).
• This means you will have access to the best prices from a variety of liquidity providers and should be able to access the best rates with the lowest possible spreads.
• So, after spending two months diving into the FP Markets platform, here’s the breakdown from a trader’s perspective.
• FP Markets does not charge an inactivity fee, which benefits traders who may not trade frequently.
• This provides you with the FP Markets academy, which provides a wide range of learning materials.

Overall, this is another area in which I feel the broker excels and blows away a lot of the competition. FP Markets impresses with its user-friendly trading platforms, extensive range of tradable instruments, and competitive fee structure. Its commitment to trader education and unique features, such as comparative analysis and trend exploration tools, enhance its appeal. The broker’s customer support is responsive, while its deposit and withdrawal methods are flexible and secure.

This approach allows us to provide a transparent comparison of FP Markets against its peers, highlighting its strong position in the forex industry, especially for the EUR/USD pair. Steven Hatzakis is the Global Director of Online Broker Research for ForexBrokers.com. All content on ForexBrokers.com is handwritten by a writer, fact-checked by a member of our research team, and edited and published by an editor. Our ratings, rankings, and opinions are entirely our own, and the result of our extensive research and decades of collective experience covering the forex industry.