FP Markets Review

Hai, I am fairly new in forex trading, so I don't really understand some basic knowledge about it. Here are some questions I have about FP Markets.

1. Why do FP Markets have two different types of pricing?

2. What is the difference between ECN and DMA pricing?

3. As a new trader, which one would bring me more benefits?

Thank you for answering my questions.

I know that FP Markets allows copy trading on their platforms but I just realize that they are also equipped with social trading as well. However, I do not understand the differences between social trading and copy trading in FP Markets. From what I saw, both allow the trader to copy a strategy. Are there any other differences I should know about? How do I apply to one?

From what I read on their official website, I understand that FP Markets offers metal trading. However, this option is not only limited to MetaTrader but is also available in the Iress platforms. I want to know what is the difference between Iress platforms and MetaTrader. What I'm most interested in are leverage differences and spreads differences. So, if there is any difference between these two I would like to know.

Some of my friends have been recommending FP Markets to me. They believe that FP Markets has one of the best conditions for indices trading. However, I want to know what kind of indices FP Markets grants me access to. Because I do not only trade US indices like most of my friends. So, I want to know if FP Markets have a wide variety of other indices.

Do FP Markets offer any type of affiliate programs or anything similar? If yes then what kind of program do they offer? I always think that an affiliate program is a considerably good way to gain passive income from trading (other than the trading itself). However, I understand that not all broker comes with an affiliate program.

I am currently considering FP Markets for commodity trading but there are several considerations I must address. First of all, I wonder how much leverage can I get to trade this particular product? I am particularly interested in energy and metals, so I really hope they have it. Although I understand that those two are quite a popular products.

Hi, does the FP Markets mobile trading apps available on iOS as well? I don't use Android, but I own iPhone as well as an iPad. I wonder if the mobile trading apps are compatible with these two? Also what kind of features are available in the mobile trading apps? Can I open and close orders through the apps? Or is it simply let me check on my positions?

Do FP Markets provide a copy trading service? If yes do they allow clients to apply as a provider as well? If yes then it will be amazing. I am a trader with adequate experience in the market and I am looking for a way to get more profit besides trading. How much does FP Markets give the provider for their copy trading service?

I have several questions regarding account funding in FP Markets:

1. Do you offer deposits and withdrawals through bank transfers?

2. What currencies do you accept for deposits and withdrawals from bank transfers?

3. If I transfer my deposit through a bank transfer, how long do I have to wait until the money arrives in my account?

4. Do you accept deposits and withdrawals using Bitcoin?

When I checked on the FP Market's official websites, I saw that they offer ECN pricing and DMA pricing. As a new trader, I don't understand what are the differences between the two. Especially how they affected my prices or spreads. I also want to know which type of pricing applies to which trading account. As a side note, I am just barely started trading forex. In my case, which pricing would I receive?

Do FP Markets provide fundamental tools like economic calendars or news flash? I am a fundamental trader and having quick information from one platform is a huge advantage for me. I don't like switching tabs since it consumes time. Not to mention because I did it on my mobile device, it took an even longer time.

Are FP Markets suitable for scalping? I am a long-time scalper and my current broker is now a bit too expensive for this method. So I have several questions which include:

1. Does FP Markets have a zero spread or low spread account?

2. Does they have deposits and withdrawal fees? If yes, then how much?

3. How about their order executions? Is it fast enough for scalper? I can't have anys.

I was thinking of returning to trade CFD assets and some of my friends have been suggesting FP Markets. From what I get, this broker has one of the best prices for CFD trading. I also know that they have plenty of choices for CFD assets, which is a great thing. My question is, what kind of trading platforms do they offer for CFD trading? I mean besides their MetaTrader of course. I am a busy bee, so I might prefer mobile trading apps.

I have been trading for about 4 years, and I think I have adequate knowledge of several markets including forex, metals, and many more. Now, I am looking to find another way to gain profits from trading. I have noticed that FP Markets have copy trading platforms, and I was thinking to apply as a provider. How do I become one and how much profits can I get from being a provider?

Does FP Markets mobile trading apps allows immediate trading? Or is it just a portfolio checker app? I know there are a lot of brokers and mobile trading apps claiming to allow 'trading on the go' while it actually only allows you to check the conditions of your assets only. While it can be a great way to check your loss, it doesn't really help if you are a busy trader like me. I need to buy and sell my assets anytime I want.

I haven't seen too many people talking about FP Market's demo account here, so I just have to ask since I am about to open an account. First of all, does the demo account available for all account types, and how much virtual money will I receive in the demo account. Second of all, how many demo accounts can I open? There are several strategies I would like to try and it might require me to create multiple demo accounts.

I am on a journey to find the best CFD broker out there. When asking around in a trading forum, I notice that FP Market's name emerge as one of the best CFD providers right now. I just wondering what kind of CFD assets they offer. Aside from this, I know that CFD is a leverage product and I want to know how much leverage does FP Markets give?

I am currently looking for a broker that is suitable for hedging. The most important thing for this is to find out what kind of instrument a broker offer. FP Markets has plenty of asset variations but how about the spreads? Will it increase? It will be a huge problem if it were to increase when I'm keeping a position open. Also, are there swap-free options for all of those instruments? I prefer long-time trading so I tend to keep positons open overnight. Lastly, what is FP Market's stand on hedging? Is it allowed?

Although I can't really say that I am an old player but I am definetly not a newbie either. That being said, I still have plenty of things to study about trading. That is why finding a broker with the best education become one of my priorities. My reason is since broker education tradings are free and they can be informative sometimes. My questions are, do FP Markets have these features? I'd like to know what are my options regarding their education materials. Also is it free for clients?

I have been keeping an eye on FP Markets for a while. I have seen a lot of people trading with this broker and honestly, it's really tempting. As of today I still haven't opened a new account on this broker yet since I still want to do some research. I notice that this broker has Negative Balance Protection features which sounds like an amazing feature. But I really want to know how does it work to protect my account? Does all account types can benefit from this feature or is it only for certain accounts?

Excellent trade execution from FP Markets. Good trade execution is one of the important factors for judging a broker.

Good customer will create a happy customer. The customer is me. Thank you FP Markets for make my trading experience so memorable.

Do not hesitate to join and trading with FP Markets.

I am very happy with their execution system, so fast!!

A little bit of problem with withdrawal process, but in the end all the problems solve easily.

Although my experience with the FP market is pretty much great and smooth, I think there are several things to explore. For example, one thing that I believe they can improve is a more detailed explanation in the application process about how to access the portal and trading platform, since they used different passwords. I had to email a couple of times to figure out how to get the passwords of both. Other than that, The application process was smooth. The software was easy to use.

Overall, I have been very satisfied with FP Markets. I think they have amazing service and the best trading conditions I can get with that price. Overall a very good broker with amazing support time. I had some opportunities to use the customer support features, and so far my interactions have been pleasant and professional. Another thing I want to talk about is their user interface. I think that their platform is very intuitive and simple, to conclude it's easy to navigate and beginner-friendly. However, their spreads can be high.

Recommended broker! I have 0 bad experience so far and I've been trading with them since few years ago.

So, I have been interested in trading with FP Markets. I have heard about the cent account. Some of my friends from the trading forum have suggested this broker but I haven't been sure because of these.

1. How many deposit needed to start trading

2. What kind of small/cent/micro account do you guys have?

3. Are you avaliable in my county?

4. What kind of payments do you accept and is there any fees?

It is amazing how quick the withdrawal process is. I made the request yesterday morning and today the money is already being transferred to my account! It's really cool. For those who want to know, I trade through my usual MetaTrader 4 using my smartphone. It is a very smooth experience and I highly suggested it for all traders. They also have a lot of instruments available for the mobile trading apps whilst most brokers would just limit your options regarding trading instruments.

Their customer service is really great. They are most helpful full and speedy with satisfying my queries. However, there are several things I'd like to add. sometimes when putting small orders in to add to existing positions on some occasions they are denied and I don't understand what is the reasons behind that.

Overall FP Market is great and they have wonderful service. But, my one issue is when you withdraw money it is not quick, often it takes several days to be received and it never comes back in one go. That means you might have to do several attempts to get all of your profits into your pockets. I have also had missing payments between FP Markets and my banks which are still under investigation for over a week. Some people might be quick to judge and said that FP Market stole their money, but in reality, this broker has a pretty slow withdrawal. Truly hope they will get better.

I am very pleased to finally find a broker that caters to all my trading needs. It's very hard to find one that does all I want in one go. FP Markets really worth the money I spent. First of all, good spreads, are better than my old one at least, and the execution is better than the other brokers as well. The customer service is also very nice and professional. You don't see a lot of that these days. They also have really wide market range, but I won't complain if they want to spreads the wing and added some more.

They have terrible customer service, even just talking about it makes me really mad. So this happened last week, I was trading a major pair and then I realized that my stop loss is triggered. At first, I thought that was because I was losing but no, I was still far away from my stop loss point but they kicked me out. This also happened last month when they executed my take profit positions 1 pip earlier than it was supposed to be. I contacted the customer service and they didn't give me good explanations at all!

I keep hearing about them in several forums and a lot of people have recommended them to me. But I have several questions before I decided to open a live account.

1. Does Fp Markets increase spreads just before major forex news releases? If yes, is it bad?

2. Does this broker guarantee forex stop entries under any market conditions without a gap?

3. Also, I am currently in Dubai, I was wondering if FP Markets allow me to trade with them?