FP markets Review 2021: Security, Fees & Special Features

The most detailed FP markets review on the web: One of the most reputable and trusted Australian CFD brokers. Regulated in Australia and in Europe, FP markets bring advanced trading to you through desktop and mobile. What makes this CFD broker stand out? Keep reading to find out what our expert has to say.

4.29/5
Excellent
Regulated by
ASIC, CySEC
Australia flag
FP markets
Founded May 2005
Owner First Prudential Markets LLC
Type CFD Broker
Fees 0$
account minimum 100$
Best for Day Traders

Why FP markets

In this section of our FP markets review we highlight 6 special features that deserves extra attention.

With social trading you can observe and follow expert traders. Copy profitable traders and earn passive income.
Social Trading
With social trading you can observe and follow expert traders. Copy profitable traders and earn passive income.
Create automated orders without any coding. Use expert software and let the computer trade for you.
Automated Trading
Create automated orders without any coding. Use expert software and let the computer trade for you.
Enter and exit the market in less than milliseconds. Best tools for fast day traders and scalpers.
Fast Execution Speed
Enter and exit the market in less than milliseconds. Best tools for fast day traders and scalpers.
Use complex tools like multi charts, advanced order types, AI, machine learning, or alerts.
Advanced Trading Tools
Use complex tools like multi charts, advanced order types, AI, machine learning, or alerts.
Sign up as a professional trader and unlock advanced trading features, better execution, higher limits, and leverage.
Professional Trading Account
Sign up as a professional trader and unlock advanced trading features, better execution, higher limits, and leverage.
Automatically monitor the market 24/7 and identify chart patterns. A techinical tool to find trading opportunities.
Autochartist
Automatically monitor the market 24/7 and identify chart patterns. A techinical tool to find trading opportunities.

About FP markets

FP markets is a veteran Australian CFD broker launched way back in 2005 with a registered address at Level 5, Exchange House,10 Bridge St, Sydney NSW 2000, Australia. It is one of the most reputable CFD brokers in Australia and it currently serves thousands of traders every month. FP markets is regulated in Australia through the Australian Securities and Investments Commission (ASIC) and in Europe through the Cyprus Securities and Exchange Commission (CySEC).

The goal at FP markets is to create the best and most superior Forex trading destination where traders are able to access the global markets with advanced trading tools, just like the professionals at Wall Street. What makes FP markets special is their drive to provide excellence through pricing, execution speed, professional platforms, several products, and great customer support.

Why use FP markets

If you are an already experienced trader and want to take your trading to the next level with new trading tools you have never seen before, then FP markets might the right broker for you. While many brokers say they have advanced tools, FP markets take this to the next level with institutional-grade pricing, order execution, and platforms.

This platform is not for immediate beginners and you need to have at least some previous experience to thrive. It’s a great place for all kinds of traders but it’s most optimal for scalpers and day traders looking to up their game with high-end trading tools.

Trading on FP markets

FP markets have several different trading platforms to offer including MT4, MT5, Webtrader, mobile trading app, and the Iress platform. You have the option to automate your trades and the Autochartist tool will help you with trading ideas like no other platform you have ever seen.

The charts are very responsive and all technical indicators for day traders are available across all platforms. Don’t worry about order selections, it’s all there with premium order management and of course real stop loss.

Payment methods and limits

The payment methods on FP markets are currently Visa, Mastercard, Bank Transfer, BPAY, POLi, PayPal, Neteller, Skrill, PayTrust, NganLuong.vn, fasapay, broker to broker, OnlinePay, and Directa24. The minimum deposit is $100 and there is no limit for minimum or maximum withdrawal.

Things we don’t like

This CFD broker is great when it comes to trading because that’s what they do best. There is not much negative feedback to give FP markets other than it might be difficult to digest if you are a complete beginner. A newbie will probably be a little overwhelmed by the different features and tools that are offered.

If you are just starting out as a trader you might want to get some experience before you join FP markets.

Trading Fees

Products
Maker fee
Taker fee
Forex
$0
$0
Stocks
$0
$0
Indices
$0
$0
Commodities
$0
$0
Cryptocurrency
$0
$0
Metals
$0
$0

Products

Forex
Forex
Stocks
Stocks
Indices
Indices
Commodities
Commodities
Cryptocurrency
Cryptocurrency
Metals
Metals

Trading Platforms

Webtrader
Webtrader
MT4
MT4
MT5
MT5
Mobile App Android + Mac
Mobile App Android + Mac

Order Types

MO - Market Order
SL - Stop Loss
TP - Take Profit
SO - Stop Order
SL - Stop Limit
TSL - Trailing Stop Loss
LO - Limit Order

Devices

Desktop
Desktop
Smartphone
Smartphone
Web
Web
Tablet
Tablet

Special Features

MAM Account
PAMM Account
Professional Support
Currency Converter
Profit Calculator
Trading Calculator
Micro Lots
Leverage Trading
Economic Calander
Market News
ECN Account
Low Slippage
Market Trading Hours
Copy Trading
Several Account Types
Webinars
Video Guides
Technical Indicators
Fundamental Analysis
Education
Market Analysis
Trading Tips
Trading Strategies
$0 Trading Fee
Trading Forum
High Security
Altcoins
Negative Balance Protection
One Click Trading
Customisable Interface
Real Stop Loss
Margin Trading
Trade Alerts
Quick Registration
Instant Deposits
Security Of Funds
Trading Ideas
High Limits
Advanced Charting
Risk Management
Paper Trading
Fast Account Verification
Short Selling
KYC
Veteran Trading Platform
Advanced Trading Platform
Trading App
Demo Account

About the special features on FP markets

FP markets can really brag about having a lot of features that make this CFD broker stand out. To start with you have six different products with 0% commission and ultra-low spreads. Then you have a complete education center and a traders hub full of educational material for both beginners and experienced traders. Learn new strategies or find new technical indicators to use that already profitable traders explains how to apply.

There are over 10,000 stocks to trade and 19 major global indices which makes FP markets one of the biggest CFD brokers on the market in terms of instruments. All of these products are of course available on the forex trading app. All the advanced trading tools have been implemented on this mobile trading app to make sure you never miss a trade, check it out, it’s pretty awesome.

MT4 Traders Tool Box

The Metatrader 4 Traders Toolbox is combining 12 online trading tools that are supposed to excel your trading experience. Risk management is made easier with the Trader Tools Alamar Manager. You can also set automated actions for your positions to make your life easier. All of your actions are customisable and you choose which actions you want to trigger.

Iress

The Iress platform is an advanced tool for experienced traders that have improved browser alerts, manage multiple portfolios, real-time price steaming, and it also has access to exchange pricing and market depth. Through the Iress platform, you can also use transparent DMA pricing which lets you have the exact prices directly from the real market. Advanced order management is also an option with the Iress trading platform.

Raw Pricing

On FP markets you will be able to day trade with Raw Pricing which enables you to get access to institutional-grade liquidity where price manipulation doesn’t exist. Day trade without dealing desks and no requotes. This is where your day trading will step up due to the extremely low latency with minimal slippage and true spread from the real market.

Autochartist

Autochartist is a plugin for MT4 and MT5 which you download to access powerful technical analysis tools. Autochartist will give you over 1000 trade ideas per month in all markets. Autochartist can also scan a market for trading opportunities that you would never be able to find manually. This is a great tool if you want to find better trading opportunities automatically and enter the market manually.

Social Trading

Social trading is the art of trading together with a community. With social trading, you share trading strategies with each other and as a new trader, you will have an insight into the ideas behind already profitable trader’s thoughts.

Copy Trading

Copy trading is the new tool many traders use to piggyback off of profitable traders. There is no need for you to build your own trading strategies. With copy trading, you can follow other trader’s strategies and make money when they profit. Copy trading is very easy and all you have to do is to sign up and select which profitable trader you want to follow and then select the capital you want to invest.

Funding

Visa
Visa
Mastercard
Mastercard
Bank transfer
Bank transfer
B-pay
B-pay
POLi
POLi
PayPal
PayPal
Neteller
Neteller
Skrill
Skrill
PayTrust
PayTrust
Nganluong.vn
Nganluong.vn
fasapay
fasapay
Directa24
Directa24

Accepted Currencies

AUD ($)
USD ($)
EUR (€)
GBP (£)
SGD ($)
HKD (HK$)
JPY (¥)
NZD ($)
CHF (CHF)
CAD ($)

Limits

Max Withdrawal Limits
No limit
Min Withdrawal Limits
No limit
Min Deposit Limits
$100

Languages

United Kingdom
English
Spain
Spanish
United Arab Emirates
Arabic
Germany
German
Portugal
Portuguese
Vietnam
Vietnamese
Indonesia
Indonesian (Bahasa Indonesia)
France
French
Thailand
Thai
Italy
Italian
Russian Federation
Russian
Korea, Republic of
Korean
China
Mandarin (Chinese)
Poland
Polish

Restricted Countries

United States
United States Minor Outlying Islands
Korea, Democratic People"s Republic of
Afghanistan
Japan
New Zealand

Security

Is FP markets safe to use?

FP markets is a very reputable CFD broker with a long track record of keeping client funds safe. All funds are kept in segregated bank accounts away from the company’s own funds.

Is FP markets a regulated broker?

Yes, FP markets is regulated in Australia by the Australian Securities and Investments Commission (ASIC) and in Europe by the Cyprus Securities and Exchange Commission (CySEC).

Support

Phone Number
Phone Number
+44 28 2544 7780
Live Chat
Live Chat

Frequently asked questions

Read the most frequently asked questions about FP markets. Find answers without searching the web.

Yes, when it comes to safety and security this broker is pulling its weight to keep customer funds. In regards to trading tools, it is at the forefront of technological advancements and it is well suited for intermediate and advanced traders.

Head over to the client area and click withdraw. Remember to choose the same payment method you used when you deposited money from the beginning. Then select the amount you wish to withdraw.

FP markets is not interfering with the pricing which comes directly from its liquidity providers. Most trades are routed away from their own books but please note that some of the trades will be kept by the broker itself. This is an ECN broker which means they use the pricing of an ECN broker but not the execution.

It is an Electronic Communication Network (ECN) broker in terms of how they do their pricing. All their pricing is streamed directly from its Liquidity Providers with zero interference from FP Markets.

To be able to trade you need to make a minimum deposit of at least $100.