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FP Markets Review
At FP Markets, we are committed to providing exceptional customer support, setting us apart in the industry. Our support team is renowned for its notably fast response times compared to other brokers, ensuring that your queries are addressed promptly. We take pride in the patience and thoroughness demonstrated by our staff, who provide comprehensive explanations and solutions to all inquiries, significantly enhancing the overall trading experience. We appreciate the recognition of our commitment to outstanding customer service and remain dedicated to maintaining and exceeding these standards for all our clients. Thank you for choosing FP Markets, where superior support is a cornerstone of our service.
About FP Markets
FP Markets is an Australian FX and CFD broker that has been regulated by the Australian Securities and Investment Commission (ASIC) since 2005. The company provides a wide range of trading instruments, including equities, futures, indices, forex, and commodities, totaling over 10,000 options. Traders have the flexibility to select from well-known platforms like MT4/MT5, cTrader, TradingView or the specialized equities trading, IRESS and Mottai platforms.
Pros & Cons
Low Barriers to Entry
Low barriers to enter the world of trading.
High Risk with Leverage
Forex is risky, especially with leverage.
Suitable for Newer Investors
Viable option for retail traders and newer investors who have less knowledge of the market.
Scalping Requires Larger Deposit
Scalping requires a larger deposit.
High Liquidity
Given the size and liquidity of the market, can trade in and out easily.
Limited Profit Potential
You won't get rich off a trade.
Quick Scalping
It only takes a few minutes to scalp a market.
Potential for Increased Losses
Volatility or wild swings can exacerbate losses.
Key Features
Trading Instruments
FP Markets offers a diverse range of trading instruments including forex equities commodities indices and cryptocurrencies catering to various trading needs.
Trading Platforms
Traders can access advanced platforms such as MetaTrader 4 (MT4) and MetaTrader 5 (MT5) known for their robust charting tools and automated trading capabilities as well as the professional-grade Iress platform for equities and derivatives.
Pricing and Account Types
The firm provides competitive pricing with low spreads and various commission structures depending on the account type. Account options include standard accounts ECN accounts with lower spreads and a commission-based fee structure and demo accounts for practice.
Market Research and Analysis
FP Markets supports traders with comprehensive market research and analysis tools such as an economic calendar real-time news updates and both technical and fundamental analysis resources. Educational support is available through webinars tutorials and trading guides.
Customer Support
Customer support is available 24
Customer Service at FP Markets
If you were unable to find the answer you are looking for in FP Markets FAQs section, FP Markets also offer additional support services. For urgent matters, our multilingual customer support team is available 24/7 via Live Chat.
If you feel more comfortable speaking to someone, fill out the Callback Request Form below and one of FP Marketa team members will contact you as soon as possible.
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