FP Markets review

FP Markets is a global CFD and forex broker that was founded in 2005. Their vision was to create a one-stop destination where traders could access a full range of trading products that cover the global markets. The convenience of being able to trade CFDs across equities, forex, indices, metals, commodities, futures and even cryptocurrencies - from a single account - is one of the key reasons why many traders choose FP Markets.

What sets them apart from their competitors is that they seem to understand what traders need and want. Their pricing, execution speeds, platforms, wide range of products, customer support and market analysis are key ingredients that enable their clients to place their trust in this broker.

Backing this are the many awards that they have won from Investment Trends Report over the years: #1 Most Satisfied Traders, #1 Best Trade Execution, #1 Best Educational Materials, #1 Best Customer Service (and some of these awards have been won multiple times!).

FP Markets is regulated by the CySec, the ASIC (Australian Securities and Investments Commission) and operates under an Australian Financial Services Licence (AFSL – number 286354). AFSL holders (such as FP Markets) must comply with many ongoing obligations.

Also worth mentioning is that client funds are held with Commerzbank Bank, one of Australia's top 4 banks. In accordance with the Australian Client Money Rules (under the Corporations Act), FP Markets holds client funds at a nominated account that is separate from FP Markets' own funds. Client money is paid into the FP Markets segregated account and can only be used as permitted under the strict client money provisions. In today's environment, ensuring that your money is safe is key before making that first deposit.