FP Markets Review 2025: Read Before You Trade

All content on ForexBrokers.com is handwritten by a writer, fact-checked by a member of our research team, and edited and published by an editor. Our ratings, rankings, and opinions are entirely our own, and the result of our extensive research and decades of collective experience covering the forex industry. Adding more advanced video courses would only serve to improve FP Markets’ educational experience. The market research and analysis at FP Markets is about what we would expect from a large international broker. The analysis is available in both article and video format and is published daily. We advise you to read FP Markets’ risk disclosure, customer agreement, and terms of business before you start trading.

FP Markets Customer Support Test

But before you do that, let’s look at some of the basic charges you can expect when trading with this broker. The complete Iress suite contains Iress ViewPoint, Iress Trader, and Iress Investor (for when you want to do some Direct Market access trading). With this platform, you will get many of the same features that MetaTrader has.

These policies contribute to FP Markets receiving a top rating for its deposit and withdrawal procedures. FP Markets recognizes the diversity of its clientele and has crafted its account offerings to cater to the distinct needs of traders, from beginners to seasoned professionals. An experienced media professional, John has a decade of editorial experience with a background that includes key leadership roles at global newsroom outlets.

What demo account does FP Markets offer?

If you wish to top up your demo account with virtual funds, you will have to email FP Markets. While this isn’t a major issue, it can be tedious, especially considering that other brokers we’ve reviewed allow you to do this through your client dashboard. While conducting this review of FP Markets, our team discovered that this broker offers a limited range of accounts. Clients from certain jurisdictions have access to two main accounts, both with an ECN execution policy.

There is an ASX live data feed charge that is waived, too, based on how much you trade in a month. Most of the things we consider do not matter unless you can afford to trade with a broker and stay profitable. However, FP Markets spreads, and commissions are not unreasonable or higher than normal.

Spreads are wider than on the Raw Account, usually starting at 1.0 pip, although they can come down to 0 pips with high trade volumes. The minimum deposit is 100 AUD (or equivalent), and 60+ Forex pairs, metals, commodities, and indices are available for trading. We were disappointed that most FP Markets’ stock CFDs are only available on the IRESS trading platform (only through the ASIC-regulated entity). Traders using the MT4, MT5, TradingView and cTrader platforms will find their options limited. This firm is one of the best and most reliable brokers available on the market.

• FP Markets offers you access to the major stock indices from across the globe by providing index CFDs.
• Our FP Markets review team found this broker’s offering in terms of commodities to be rather limited.
• Also, read and understand the broker’s terms and conditions and install its app on your mobile device if you are always on the move.
• This segregation ensures that even if FP Markets encounters financial difficulties, your deposited funds remain secure and readily available for withdrawal.
• If you would prefer to avoid downloading an app to your phone, you can always use the WebTrader version of your chosen platform.
• FP Markets provides the flexibility of choosing from seven base currencies for funding your account, including USD, AUD, NZD, CAD, GBP, EUR, and CHF.

If you are looking for a broker with advanced tools and competitive trading conditions, FP Markets could be a good fit. Still, FP Markets secured the 10th spot among 20 brokers, confirming it as a broker with effective execution speeds. Our ranking process includes detailed testing of execution speeds in different trading situations to guarantee the precision and dependability of our results. Use the calculator below to compare FP Markets’ trading costs with competitors such as Pepperstone and Eightcap, adjusting for trade size, currency pair, and base currency. FP Markets does not charge an inactivity fee, which benefits traders who may not trade frequently. Forex trading is cost-effective, with tight spreads benefiting traders.

FP Markets offers a limited range of instruments on the MT4, MT5, TradingView and cTrader trading platforms.

If you want to open an Islamic account, you will first have to open a MetaTrader based account. Then, you will have to email FP Markets to ask them to convert it to an Islamic account. This is more for those traders who employ a buy-and-hold strategy and don’t need the latest charting and data feeds. This is a slightly upgraded trading platform that has more charting functionality. It also has other goodies like an economic calendar and market depth chart. FP Markets gives you the option to open a demo account on each of their platforms.

This includes all the majors and the most important crosses and minors, as well as quite a few exotic pairs, such as the EUR/ZAR and the USD/TRY. Though a few other brokers might offer more currency pairs, FP Markets still offers more than sufficient forex options for any trader. ECN pricing means that FP Markets streams prices directly from the organizations that provide the broker’s liquidity. This translates into very competitive spreads, ultra-low latency execution, and minimal slippage.

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They also have a regional head office in Beijing and a representative office in Shanghai. In this FP Markets Review, we will give you everything that you need to know about this broker. We will also give you some of the top tips that you need to know in order to make the most trading here. FP Markets adds a 1.05 pip mark-up to the average spread on the Standard Account to cover trading costs.

Copy trading with FP Markets

Simultaneously, its extensive range of instruments, low spreads, and advanced trading tools cater to professional traders. However, it’s important to note that FP Markets does not currently accept traders from the United States. This diverse account offering ensures inclusivity and flexibility for traders of varying experience levels and preferences. Our FP Markets review team found that this broker offers quite a few options in terms of trading platforms, though it does differ by jurisdiction. All clients can trade using MetaTrader 4 and MetaTrader 5, including the WebTrader and mobile versions of these platforms.

Of all FP Markets reviews, 94% gave the broker a score of 5 stars and only 2% of reviewers decided to give FP Markets a 1-star score. Customer support is available on 24 hours a day or https://traderoom.info/fp-markets-forex-broker/ 7 days a week. They offer support in English, Chinese, Thai, German, Portuguese, Italian, French, and other languages. It doesn’t stop there because they have a YouTube channel full of tutorials that show you how to navigate the platforms provided.