FP Markets Review in Sep. 2024

Trade CFDs on the following instruments with FP Markets:

• Forex: CFDs on 72 currency pairs on low spreads and leverage up to 1:500. You can also trade the US dollar index, which measures the US dollar against a basket of currencies.
• Cryptocurrency: CFDs on the price of Bitcoin, Ethereum and other 10 tokens against the US Dollar.
• Equities: CFDs on 1,000 American and international stocks through MetaTrader 5 (fewer through MetaTrader 4). You can also speculate on VIX futures, also known as the "volatility index".
• Indices: CFDs on a broad selection of US, European and Asian stock indices, including the Dow Jones and the Nasdaq.
• Metals: CFDs on the price of gold and silver against many currencies, including the US dollar, the euro and the Australian dollar. You can also speculate on the price of industrial metals like copper, aluminium, palladium and platinum.
• Commodities: CFDs on the price of 5 agricultural commodities, include coffee, wheat and cocoa.
• Government bonds: CFDs on US Treasuries and UK government bonds.
• ETFs: last but not least, FP Markets allows you to trade CFDs on stock and bond ETFs. You'll find ETFs that capture the performance of most of the S&P's sectors, as well as ETFs for gold miners and energy producers.

* Availability is subject to local laws and regulations.

Range of platforms

FP Markets allows you to trade without restrictions on the MetaTrader 4, 5, cTrader and TradingView platforms. It accepts all trading styles, including algorithmic trading, scalping and news trading. Easily create your own trading robots, or download third-party apps from online marketplaces.

If you enjoy trading through the MetaTrader platform, why not host your Expert Advisors on a virtual private server in FP Markets' very own New York data centre. FP Markets will even cover the server's monthly fee if you make a $1,000 deposit and meet low monthly volume requirements.

All platforms are available for download to your Windows computer or MacBook from FPMarkets.com. Mobile apps are available too. You may also trade through your browser or TradingView if you prefer.

Trading conditions

Choose between trading with and without commission. Its Standard account has no commission and spreads from 1 pip. Its Raw account, designed for experienced traders, has a low $3 commission per lot, per side, and spreads from 0 pips.

Swap-free accounts, also known as Islamic accounts, are available upon request. These accounts enjoy the same trading conditions. However, you should note that an administration fee applies when positions are kept open for two or more trading days in a row.

Copy trading

Copy trading accounts are available if you prefer to copy other traders, rather than making your own investment decisions. We like the FP Markets copy trading platform because it provides more risk management tools than other platforms. It's free to copy others, as your signal provider will only charge a performance fee on profits.

Trading tools

Trading signals: you'll get access to Trading Central and Autochartist as soon as you fund your account. Both platforms use technical analysis to identify daily trading opportunities.

Educational content: also sets FP Markets apart from the competition. Create an account to access free trading courses and ebooks. Its weekly webinars will appeal to beginners and advanced users alike.

With FP Markets, you can open an account in one of 13 local currencies. The full list of currencies is available on this page. If possible, open an account in your currency to avoid unnecessary currency conversion fees.

The minimum deposit to open a trading account is just US$100 (or the equivalent amount in your own currency). But if you deposit US$1,000 or more, FP Markets will cover the cost of a VPS for your trading robots (subject to monthly trading volume requirements).

FP Markets accepts a wide range of deposit methods: cards, bank transfers, electronic wallets (like Skrill or Neteller) and cryptocurrency. FP Markets charges no fees on deposits or withdrawals, but third-party fees may apply. Visit FPMarkets.com for the full list of funding methods.

The choice of payment methods depends on the company that you open an account with, and your country of residence. Please visit the company's website for a list of all payment methods.

* Availability is subject to local laws and regulations.

FP Markets is an Australian broker founded in 2005. At present, it is regulated in Australia, the European Union, South Africa and the Seychelles. It also operates through companies in St. Vincent and the Grenadines and Mauritius.

FP Markets places its clients' funds in segregated accounts with AA-rated Australian banks, separate from its bank accounts. You'll also enjoy high leverage and negative balance protection. This is true whichever entity you open an account with.

However, no investor compensation fund is available in the event of bankruptcy or insolvency. If this is important for you, we suggest opening an account with FxPro or AvaTrade instead.

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