FP Markets review

FP Markets forex 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.

FP Markets website  Demo account  FP Markets live account

Platform types: MT4 + MT5 + IRESS + MetaTrader Webtrader

Like most quality brokers, FP Markets offers both the MT5 and the MT4 trading platforms.

Also, both of these are now available via MetaTrader's Webtrader - You can simply trade using any browser, on your preferred device (Windows or Mac), without the need to download any additional software.

However, unlike most brokers, FP Markets also offers the IRESS trading platform for more advanced traders.

IRESS platform features:

Transparent pricing & market depth: See your prices flow directly from the underlying exchange and have orders entered into the exchange order book.
Custom trade alerts and news: Set trade and news alerts to arrive via the platform, email or SMS.
Live news and pricing: Stay up to date with real time news Dow Jones, Newswire and ASX company news.
Advanced charting: Intra-day and daily time frames available. Extensive range of indicator and analytical tools.
International markets: Get access to global CFDs across equities, futures, forex and commodities.
Complex order types: Set up complex order types for advanced users (SL/TP, custom order strategy).

IRESS platform

Please note: losses may exceed deposits.

FP Markets website  Demo account  FP Markets live account

Types of accounts - Forex + Iress

FP Markets offers 2 account types:

FP Markets account types

FP Markets account types

FP Markets account types

Please note: losses may exceed deposits.

FP Markets website  Demo account  FP Markets live account


FPMarkets news

Risk warning

Combining leverage with derivative products can generate very rapid losses. Please ensure that you fully understand the risks involved before you engage in such transactions. Forex and CFD trading is not suitable for investors who are not able to withstand losses greater than their initial deposit.