FPMarkets is a reputable broker that has been providing services in the Forex market since 2005. The company offers its clients access to more than 10,000 trading instruments, which includes currency pairs, commodities, indices and stocks. These diverse tools allow traders to effectively diversify their portfolios and use different trading strategies.

One of the key attractive features of FPMarkets is the favorable trading conditions, which include low spreads and ultra—fast order execution. Low spreads allow traders to minimize trading costs, which is especially important for high-frequency trading and scalping strategies. Ultra-fast order execution helps to reduce slippage and ensures more accurate execution of transactions, which is critical for traders working in conditions of high volatility.

The broker offers access to popular trading platforms such as MetaTrader 4 (MT4) and MetaTrader 5 (MT5). These platforms are known for their functionality, flexibility and ease of use. They provide traders with a wide range of tools for technical analysis, automated trading and risk management.

FPMarkets has established itself as a reliable and transparent broker due to the presence of respected regulators. The company is regulated by the Australian Securities and Investments Commission (ASIC), which is confirmed by license number 286354. ASIC is known for its strict supervision of financial markets, which ensures a high level of protection of the rights of traders and investors. FPMarkets is also regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 371/18. CySEC ensures compliance with high standards of transparency and honesty in financial markets. 

In addition, FPMarkets has a registration and an office in Saint Vincent and the Grenadines, which adds an additional level of legitimacy and international presence.

The official FPMarkets website provides an extensive set of resources for traders. The website includes sections with training materials, analytical reports, answers to frequently asked questions and a trader's blog. The training covers both the basics of trading and advanced strategies, which helps traders of all levels of training to improve their skills. Analytics and market data updates help traders make informed decisions, and the trader's blog offers relevant tips and insights from professionals.

Thus, FPMarkets offers its clients not only a wide range of trading instruments and favorable trading conditions, but also a rich set of educational and analytical resources, which makes it an attractive choice for traders seeking success in the financial markets.

Trading conditions

FPMarkets is a reputable broker that has been providing traders with access to Forex and CFD trading since 2005. The company offers attractive trading conditions, which makes it an interesting choice for traders of all levels. With a minimum deposit of only 100 AUD (about 70 USD), customers can start trading on favorable terms. Among the key advantages of FPMarkets are ultra—low spreads that start from 0.0 points and high leverage up to 1:500. Such conditions allow traders to manage large positions with relatively small investments and effectively use their trading strategies.

FPMarkets provides access to popular trading platforms, including MetaTrader 4 (MT4), MetaTrader 5 (MT5), WebTrader, as well as mobile versions of these platforms. This provides traders with a wide range of tools for analyzing and automating trading. Various account types are available for traders depending on their preferences and goals. Demo, Raw and Standard accounts are offered for the MT4 and MT5 platforms, which allows you to choose the most appropriate option depending on your trading style and level of experience. Standard, Platinum and Premier accounts are available for the Iress platform, which provide additional features and functions.

The company provides a variety of deposit and withdrawal methods, including Visa and MasterCard cards, Neteller, Skrill and PayPal e-wallets, as well as POLI PAY, BPAY, Fasapay, PayTrust 88, Ngan Luong and bank transfer. This provides convenience and flexibility in account management. 

FPMarkets offers a wide range of trading instruments, including currency pairs, indices, metals, oil, gas, commodities, securities and cryptocurrency. The minimum order size is 0.01 lots, which allows traders to start with small volumes and manage risks. The spread level starts from 0.0 points, which helps to reduce trading costs. Leverage of up to 1:500 gives traders the opportunity to increase their trading positions, although this also increases potential risks.

Risk management is provided by Margin Call and Stop Out levels, which are 100% and 50%, respectively. This helps traders to prevent excessive losses and effectively manage their positions. 

The company cooperates with major financial institutions such as Barclays, BNP Paribas, Commerzbank, Credit Suisse and Goldman Sachs, which ensures high liquidity and competitive prices. Orders are executed according to the Market Execution principle, which guarantees fast and efficient execution of transactions.

FPMarkets also provides PAMM account services, which allows investors to invest in the trading of managing traders and receive potential profits from their successful trading strategies. Mobile trading is available through mobile apps, which allows traders to stay connected and manage their positions at any time. The affiliate program provides an opportunity to earn income for attracting new customers.

In addition, FPMarkets supports cryptocurrency trading and offers auto-copying of transactions, which can be useful for traders who want to follow the strategies of successful traders. Islamic accounts are also available, which comply with Sharia law and exclude the use of swaps, which makes trading accessible to clients who adhere to Islamic principles.

However, it is worth noting that at the moment FPMarkets does not offer contests and bonus programs, which can be taken into account by traders when choosing a broker. These conditions make FPMarkets an attractive choice for traders, providing them with flexibility and ample opportunities for successful trading in financial markets.

Comparing the trading conditions of FP Markets broker with competitors such as Pepperstone, CityIndex and Trade Nation, it can be concluded that FP Markets and Pepperstone provide excellent conditions for active trading with low spreads and a variety of platforms, while CityIndex and Trade Nation may be preferable for those who are looking for a lower initial deposit and high leverage. Choosing a broker will depend on your personal preferences, level of experience and trading goals.

Types of accounts

FP Markets provides a wide range of trading accounts and training materials, which makes it suitable for both beginners and experienced traders. It is recommended to start working with FP Markets from the self-education stage, which can be carried out through various training materials of the company. After that, beginners can move on to practical exercises using a Demo account, and then, after being confident in their skills, open a real trading account.

Standard-1: This account is available on MT4 and MT5 platforms. A minimum deposit of 100 AUD (about 70 USD) is required to open. On this account, the minimum spread is 0.0 points, and the leverage reaches 1:500, which allows traders to effectively manage their trades. This type of account provides access to trading on platforms with competitive conditions.

Raw: Differs from Standard-1 in narrower spreads, which makes it attractive to active traders. However, an additional fee of USD 3 per lot is charged for using this account. This allows you to get more profitable spreads, which can be beneficial for frequent trades.

Standard-2: It is opened through the Iress trading terminal and requires a minimum deposit of 1,000 AUD (about 700 USD). The commission for the trading lot is 10 USD, and then 0.1% of the transaction volume is charged. Commissions for marginal CFD rates on shares start at 3%, and for financing — the broker's base rate plus 4%. This type of account is aimed at more active traders and investors who require advanced features and services.

Platinum: A minimum deposit of AUD 25,000 is required to open. On this account, the commission for the lot is 9 USD, and then 0.09% of the transaction volume. The margin rates of CFDs on shares are from 3%, and financing is the base rate of FP Markets plus 3.5%. Trading is carried out on the Iress platform, which provides access to advanced trading tools and analytical data.

Premier: The minimum deposit amount is 50,000 AUD. The commission for the lot here is 0.08%, the marginal CFD rates on shares are from 3%, and financing is the base rate of FP Markets plus 3%. This type of account is also available through the Iress platform and is designed for highly qualified traders and investors, offering the best conditions for large transactions and active trading.

At the moment, FP Markets does not offer bonus programs and promotions. However, this is offset by the variety of trading accounts and financial instruments available for trading. Clients have the opportunity to use any trading strategies, including trading using automated trading systems (robots), investing in PAMM accounts and participating in social trading. Such a variety of opportunities allows traders to choose the most suitable option to achieve their investment goals and effectively manage their capital.

Commissions and fees

The analysis of trading and non-trading commissions conducted by MOFT analysts revealed the key aspects of the commission policy of the broker FP Markets. As part of this analysis, spreads operating on different types of accounts were considered, as well as additional withdrawal fees.

Trading fees at FP Markets vary depending on the type of account. For Standard and Raw accounts, the spread starts at $0, which ensures low trading costs for traders using these types of accounts. The standard account has a minimum spread of $1, which is still quite competitive, but can increase costs compared to cheaper accounts. For more advanced Platinum and Premier accounts, the spreads are significantly higher — from $9 and $8, respectively. This can significantly increase the overall trading costs, especially for active traders who conduct numerous transactions.

There are no non-trading withdrawal fees for all types of accounts in FP Markets. This means that traders will not face additional costs when withdrawing their funds, which can be a significant advantage compared to brokers who charge fees for such transactions.

Thus, FP Markets offers a variety of spreads depending on the type of account, which allows traders to choose the most appropriate option depending on their trading needs and strategy. The absence of additional withdrawal fees is a positive aspect that adds convenience and transparency to the trading and money management process.

In addition, a comparative analysis of trading commissions in FP Markets with competitors such as RoboForex and Pocket Option was performed, which showed that in this case FP Markets has a high level of commissions.

Safety

FP Markets is regulated by two reputable financial authorities: the Australian Securities and Investments Commission (ASIC) and the Cyprus Securities and Exchange Commission (CySEC). This supervision ensures that the broker strictly adheres to established standards and requirements, which guarantees clients that all terms of the contract are fulfilled and their assets are properly protected.

The main advantages of FP Markets regulation include:

Separate accounts for customer deposits: Customer deposits are stored in isolated accounts that are not available for use by the broker. This ensures a high degree of security of traders' funds, preventing their use in the company's operations and protecting them from possible financial risks.

Independent dispute resolution: In case of disputes between the broker and the client, the issues are resolved with the involvement of an independent person or body. This guarantees objectivity and fairness in conflict resolution, providing additional protection for traders' rights.

Clear rights and obligations: The rights and obligations of both the broker and the client are spelled out in detail in the agreement concluded when opening an account. This reduces the risk of misunderstanding and increases the level of trust, allowing both sides to clearly understand their obligations and terms of cooperation.

Thus, the regulation of FP Markets by ASIC and CySEC contributes to maintaining a high level of trust and security for customers, ensuring transparency and compliance with all established standards.