FP Markets Reviews Read Customer Service Reviews of fpmarkets com 2 of 215
Just a friendly reminder to always be aware of this risk and consider using stop-loss orders to manage any potential slippage surprises. Of course, having a ton of instruments is great, but it’s only half the story. The real test is how easy it is to find what you’re looking for and analyze it before pulling the trigger. The good news is FP Markets’ platform makes navigating this instrument ocean a breeze. Everything is well-organized, and the search function is spot on. Plus, they’ve got a decent selection of technical indicators and charting tools built right in, so you can do your due diligence before entering a trade.
Mobile Trading Apps
With such a long history, you can be certain that this is a serious broker who won’t disappear overnight. FP Markets have weathered major economic crises, indicating a high degree of financial responsibility. FP Markets is licensed by the Australian Securities and Investment Commission and the Cyprus Securities and Exchange Commission. Both are top-tier regulatory authorities, making FP markets an incredibly safe broker. FP Markets offers a variety of deposit methods to suit different preferences and needs. FP Markets offers bond trading, allowing you to buy and sell corporate and government bonds.
- This broker offers shares listed on the Australian, UK, USA NASDAQ, USA NYSE, Hong Kong, and Singapore exchanges.
- Additionally, the broker’s competitive pricing for forex trading, especially in the Raw account with spreads starting at 0.0 pips, is a highlight for active traders seeking cost efficiency.
- With $100,000 in virtual funds, you can experience real-time market conditions, experiment with automated trading, and familiarize yourself with the MT4 platform’s features.
- Overall, FP Markets offers reliable and hassle-free transaction services.
- The available platforms include MetaTrader 4 (MT4), MetaTrader 5 (MT5), Iress, WebTrader, cTrader, TradingView, and a Mobile App, all designed for high performance and advanced functionality.
- Stay ahead of the curve with the latest insights on – Stocks, CFDs, Banking, Forex, Trading, Investment, Cryptocurrencies and more.
Futures Fees
With a reputation for excellent client service, over 40 industry awards, and competitive features such as 0.0 pips spreads, the broker is a solid choice for both new and experienced traders. FP Markets is a reputable fp markets reviews and well-regulated Forex broker, offering a competitive pricing structure and access to over 10,000 trading products. With 24/7 customer support and a trust score of 87 out of 99, it stands out as a reliable choice for traders. Cryptocurrency enthusiasts can delve into popular digital assets like Bitcoin, Ethereum, Ripple, and more.
Fees
Customer support is available Monday to Friday from 9 AM to 6 PM (GMT +3) for Limassol, and Monday to Saturday 7 AM to 7 AM (AEDT) and Sunday to Friday 10 PM to 10 PM (GMT) for Sydney. In other words, you can reach customer support in Sydney 24/5, when the financial markets are open. When we tested the phone support, we got through quite quickly and the customer support agent was very helpful.
All BrokerNotes content is researched, fact-checked, and edited by the research team. In conclusion, FP Markets’ commitment to educating traders is commendable. By expanding content, improving organization, and diversifying formats, the broker can continue to empower traders with knowledge, setting itself on par with industry leaders. Overall, FP Markets offers a competitive fee structure, as well as transparency, and flexibility. Traders can benefit from cost-effective trading while knowing what to expect in terms of fees and charges. At FXEmpire, we strive to provide unbiased, thorough and accurate broker reviews by industry experts to help our users make smarter financial decisions.
Regulatory bodies also impose capital adequacy requirements on brokers. This means FP Markets must maintain a minimum level of capital reserves relative to its liabilities. Healthy capital reserves act as a buffer, further mitigating the risk of FP Markets facing financial challenges that could impact your ability to withdraw funds. Yes, FP Markets offers a free demo account for beginners to practice trading. The demo account is virtually funded and expires after 30 days.
The MT4/MT5, cTrader, TradingView, Mottai, and Iress platforms cater to advanced traders using sophisticated order types and robust charting. Tools like VPS cater to traders using automated trading strategies and MAM/PAMM enables clients to act as money managers. FP Markets offers 24/7 customer support to both retail and professional clients globally through various channels, including phone / call back service, email, live chat, and social media. The company showcases its customer service awards and emphasizes delivering personalized and proactive support. They offer a Virtual Private Server (VPS) service that provides advantages for Forex traders, particularly those using automated trading strategies. This allows for trading even in offline mode, maximizing uptime.
FP Markets Review – Trusted Broker? Pros, Cons & Spreads
- It’s recognised for providing a variety of trading platforms, including MT4 and MT5, and for its swift execution speeds.
- All websites and web-based platforms are tested using the latest version of the Google Chrome browser.
- FX Markets clients can access the ECN pricing model through the RAW account with a minimum deposit of USD 100.
- E-wallets are usually the fastest, while bank transfers may take one to five business days, and credit/debit card withdrawals typically require two to five business days.
- The MT4/MT5, cTrader, TradingView, Mottai, and Iress platforms cater to advanced traders using sophisticated order types and robust charting.
- I’m consistently impressed by FP Markets’ dedication to providing extensive market analysis that helps me refine my trading strategies.
With only three commodities available, you may want to diversify your portfolio with other asset classes. FP Markets offers a truly impressive portfolio of stocks for you to choose from. Spanning four continents, the 10,000+ shares on offer ensure you can trade even some of the more obscure stocks.
Trading platforms often come with charting, research, and order processing tools too. To ensure that we only recommend high-quality brokers, our expert reviewers have tried and tested each of the FP Markets trading platforms. FP Market forex broker, a leading provider in the industry, offers competitive trading conditions, reliable services, and access to an economic calendar. FP Markets review is regulated by multiple financial authorities and provides various assets and dedicated customer support. FP Markets places a strong emphasis on ensuring the safety and security of its traders. As a globally regulated broker, it adheres to strict industry standards to maintain a secure trading environment.
So, it’s a bit of a gamble – precision versus guaranteed execution. If you encounter an issue, you can initiate a complaint through their website or by contacting customer support. FP Markets clearly outlines its regulatory framework on its website. The license numbers for each entity are readily available, allowing traders to verify the information with the respective regulators.
You can trade safely in the knowledge that you have negative balance protection and EU clients also have investor insurance. FP Markets adheres to strict guidelines, has a great reputation and a huge collection of industry awards. FP Markets offers over 290 ETFs for diversified investment portfolios. However, its primary emphasis on CFD trading may not suit traders who prefer direct access to assets like stocks, mutual funds, or bonds. Compared to competitors, FP Markets delivers a strong range of tradable instruments but lacks broader diversification into non-CFD products.
Hi Clement, If you have an account with FP Markets Australia then I would expect you should be able to use the IRESS account. As I understand it, it’s only the FP Markets subsidiaries outside Australia that don’t offer IRESS, so in your case I don’t believe you should need to use the VPN. Having traded since 1998, Justin is the CEO and Co-Founded CompareForexBrokers in 2004. Justin has published over 100 finance articles from Forbes, Kiplinger to Finance Magnates. He has a Masters and Commerce degree and has an active role in the fintech community.