FP Markets is an online Forex and CFDs provider launched in 2005. They are headquartered in Australia and are regulated by ASIC.
- Start year: 2005
- Country of origin: Australia
- Regulation: CySEC, ASIC
- Payment options: Credit Card, Cryptocurrencies, Skrill, Wire Transfer
- Minimum account size: $100
- Minimum lot size: 0.01
- Leverage: 1:500
- Spreads: 0.02 pips on EUR/USD
FP Markets is a trusted global CFD and Forex broker. Our vision was to create the ultimate forex trading destination where traders could access a full suite of trading products in the global markets. The convenience of being able to trade CFDs across forex, equities, indices, commodities, futures and cryptocurrencies all from a single account is one of the key reasons traders choose FP Markets.
FP Markets differs from most brokers in offering clients ECN pricing, allowing the opportunity of fast execution and natural spreads. A choice between account types is offered depending upon whether you want to trade Forex, CFDs, or individual shares.
Forex traders are offered a choice between a Standard account and a Raw account. The Forex Standard account requires a minimum deposit of $100 AUD or equivalent, and offers spreads starting from 1.0 pip, with no commission.
The Forex Raw account requires a minimum deposit of $100 AUD or equivalent and offers spreads from no minimum, but a commission of AUD $3.50 is charged per lot per trade.
An Islamic account and a VPS are also available.
The best promotion offered by this brokerage is a free VPS. To request a free VPS, traders must either deposit a minimum of $500 or trade over 10 lots on a standard account, or 20 lots on a Raw account. The VPS is provided with the broker’s dedicated server.