FP Markets Review 2021
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| FP Markets is a multi-asset broker offering a choice of trading platforms. | ||
FP Markets is a multiple award-winning broker that offers traders Forex, CFDs, indices, shares, commodities, cryptocurrencies. Traders that like the MetaTrader platforms can choose between both the MetaTrader4 and MetaTrader5 platforms at FP Markets.
In terms of features offered to traders, FP Markets has Demo Accounts, Islamic Accounts, Social Trading and Auto Trading but is missing Signals.
FP Markets also gives traders access to 5 cryptocurrencies: BTC, BCH, LTC, ETH and RPL.
Careful traders will be reassured knowing that FP Markets is licensed to offer trading services by several regulators, 2 in fact. Note, however, that the FCA here in the UK is not among the list of overseeing regulators. Careful traders might want the extra safety of going with an FCA-regulated broker.
FP Markets Summary
FP Markets is a multi-asset broker offering a choice of trading platforms.
Ratings
| Bonus | None |
|---|---|
| Instruments | Forex, CFDs, indices, shares, commodities, cryptocurrencies |
| Demo Account | ✓ |
| Min. Deposit | $100 |
| Min. Trade | 0.01 lots |
| Regulated By | ASIC, CySEC |
| MetaTrader 4 | ✓ |
| MetaTrader 5 | ✓ |
| cTrader | ✗ |
| DMA Account | ✓ |
| ECN Account | ✓ |
| Mobile Apps | ✓ |
| Auto Trading | ✓ |
| Trade Signals | ✗ |
| Social Trading | ✓ |
| Copy Trading | ✓ |
| Islamic Account | ✓ |
CFD Trading
Trade thousands of CFDs across a range of markets with up to 1:500 leverage.
| Leverage | 1:500 |
|---|---|
| FTSE Spread | 0.31 |
| GBPUSD Spread | 0.49 |
| Oil Spread | 0.03 |
| Stocks Spread | Variable |
Forex Trading
Trade on dozens of forex pairs with low spreads.
| GBPUSD Spread | 0.49 |
|---|---|
| EURUSD Spread | 0.09 |
| EURGBP Spread | 0.61 |
| Assets | 60+ |
Cryptocurrency Trading
Trade a handful of leading cryptocurrency coins against the US Dollar.
| Spread | Floating |
|---|---|
| Coins | BTC, BCH, LTC, ETH, RPL |
Payment Methods
FP Markets accepts the following payment methods:
- Neteller
- Skrill
- Visa
- PayPal
- Wire Transfer
- FasaPay
- POLi
- BPAY
- Credit Card
Awards
FP Markets is a multiple award-winning broker, with 2 awards received so far.
- Best Global Forex Value Broker 2019 - Global Forex Awards
- Best Quality of Trade Execution 2019 - Investment Trends
FAQ
Is FP Markets Safe?
Yes, most likely, as we gave FP Markets a trust score of 60% in our review. The main negative factor in this score is that FP Markets is not FCA regulated. However, very careful traders might want to find an alternative in our top list of UK brokers.
Does FP Markets Accept PayPal?
Yes, FP Markets does accept PayPal payments.
Is FP Markets Halal?
Yes, FP Markets does offer an Islamic trading account and should thus be Halal to trade with.
What trading platforms does FP Markets support?
With FP Markets you can trade on 2 different platforms: MetaTrader 4 and MetaTrader 5.
Is FP Markets Regulated?
Yes, FP Markets is regulated by 2 different regulators: ASIC and CySEC.
The fact that FP Markets is not regulated by our own FCA will be a concern to the most careful traders. See our list of FCA regulated brokers for alternatives.
FP Markets vs Other Brokers
If you want to compare FP Markets with other brokers, use the detailed comparisons below.
- EverFX vs FP Markets
- FP Markets vs Moneta Markets
- FP Markets vs Spreadex
- Fusion Markets vs FP Markets
- Hirose vs FP Markets
- Key To Markets vs FP Markets
- Paxful vs FP Markets
- Stratton Markets vs FP Markets
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| FP Markets is a multi-asset broker offering a choice of trading platforms. | ||