FP Markets Review
First thing we noticed when reviewing the Forex & CFD broker FP Markets, is that they are offering the amazing IRESS trading platform. As with all brokers, you can also utilize their MetaTrader 4 & MetaTrader 5 trading platforms in the desktop or web-based version, but IRESS is unique and powerful.
Trading CFD’s on IRESS is much better than other trading platforms we have seen. You will have access to customized charting tools, technical analysis, and the ability to store and save your charts. CFD traders have access to more than 10,000 underlying assets across all global markets. For a CFD trading account, the minimum deposit is $1,000, see here.
FPMarkets website is translated into many languages including; English, French, German, Portuguese, Spanish, Korean, Arabic and Malay. Forex trading accounts have leverage up to 500:1, and tight spreads in multiple currency pairs.
Minimum deposit for a new trading account at FP Markets is only $100, read more.
FPMarkets Regulated & Licensed
The real way to review your Forex broker to know if they are a scam or a real legitimate broker, is by checking their license. Investors and Day Traders always use a regulated broker, so that their funds are safe and stored in segregated bank accounts. There are still hundreds of online broker that are not licensed, so make sure you verify your brokers license.
- In Australia, FP Markets is licensed and regulated by ASIC. An ASIC license is the most valuable regulatory supervision a Forex broker can attain. FP’s license numbers are ABN 16 112 600 281 & AFS Licence Number 286354, under their corporate name First Prudential Markets Pty Ltd.
- In Europe, First Prudential Markets Ltd is licensed and regulated by CySEC (Cyprus Securities and Exchange Commission) with licence number 371/18.
FP Markets is owned and operated by: First Prudential Markets Pty Ltd, and located at; Level 5, Exchange House 10 Bridge St Sydney NSW 2000 Australia. Contact phone number in Australia is: +61 28 252 6800, and in China: 400-166-0012. Customer support email address is: [email protected]. Official website: https://www.fpmarkets.com/.
Compare FP Markets
Smart investors always try out a few online Forex brokers, and some traders even have multiple trading accounts.