site logo site logo
Best Brokers
Best brokers by categories

Best Stock Brokers

Best Forex Brokers

Best CFD Brokers

Best Brokers for Beginners

Best Stock Trading Apps

Best discount brokers

Best Crypto Brokers

Best Futures Brokers

Best Brokers for bonds

Best low spread forex brokers

BrokR Awards 2024
country-recommendation

United States

Vietnam

Japan

Match Me

FP Markets Review

Why choose FP Markets

Wide range of CFDs, competitive pricing, and multiple trading platforms.

Pros

  • Low forex fees.
  • Extensive product offering.
  • Strong regulatory framework.

Cons

  • Inactivity fee after 12 months of dormancy
  • Limited educational resources for beginners.
FP Markets

FP Markets

Fee Level:

Low

Inactivity Fee:

Medium

Index CFD Fee:

Low

Investor Protection:

Up to $20,000 under the Investor Compensation Fund (ICF).

Mobile Platform:

Intuitive app with real-time market data and analysis

Visit FP Markets

Offers a cost-effective trading environment with minimal fees.

Pros

  • No inactivity or withdrawal fees.
  • Low forex spreads starting from 0.0 pips with commissions.

Cons

  • Inactivity fee applies after 12 months of inactivity.

Utilizes negative balance protection and segregated client funds to ensure client asset safety.

Pros

  • Strong security measures, including SSL encryption and segregated client funds.

Cons

  • Limited investor protection for clients outside the EU.

Offers bank transfers, cards, Skrill, Neteller, PayPal, and local payments. Deposits instant; withdrawals 1–2 days.

Pros

  • No deposit fees, multiple e-wallets, quick processing.

Cons

  • No deposit fees, multiple e-wallets, quick processing.

FP Markets provides a quick and straightforward online application, requiring KYC verification within 1 business day.

Pros

  • Low minimum deposit and multiple funding options.

Cons

  • Low minimum deposit and multiple funding options.

FP Markets offers a proprietary mobile app alongside MetaTrader 4 and 5 apps, providing traders with flexibility, real-time market data, and essential trading functionalities.

Pros

  • Multiple app options, Real-time data, User-friendly interface.

Cons

  • Proprietary app lacks advanced features, MetaTrader apps require separate installations.

FP Markets provides access to MetaTrader 4, MetaTrader 5, cTrader, and the Iress platform, catering to various trading preferences with advanced charting, automated trading, and extensive market analysis tools.

Pros

  • Wide range of platforms, Advanced analytical tools, Support for automated strategies.

Cons

  • Iress platform may incur additional fees, Learning curve for multiple platforms.

FP Markets boasts an extensive product offering, including over 10,000 trading instruments across forex, commodities, indices, shares, ETFs, bonds, and cryptocurrencies, making it suitable for traders seeking diverse.

Does FP Markets offer bonuses and promotions?

FP Markets does not typically offer bonuses due to regulatory restrictions, but it does provide cashback rebates and loyalty programs for high-volume traders.

How fast are deposits and withdrawals with FP Markets?

Most deposits are instant, while withdrawals are typically processed within one business day. The actual transfer time depends on the payment method used.

Does FP Markets charge inactivity fees?

No, FP Markets does not charge inactivity fees, making it suitable for traders who don’t trade frequently.

Best brokers in World

Find My Broker