FP Markets Broker Testimonials
Identifying a good broker will not be complete without checking the testimonials. This is because experience speaks louder than words.
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Testimonials Category
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Deposit and Withdrawal (140)
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Order Execution (59)
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Spreads and Commissions (36)
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Customer Support (82)
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Regulation and security (35)
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Demo accounts (10)
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Slippages and requotes (11)
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Leverage (25)
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Trading cost (20)
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Bonuses and promotions (16)
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Trading Platforms (107)
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Trading Tools (7)
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Trading Contests (1)
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Trading Accounts (69)
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Trading Instruments (46)
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Broker Features (26)
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Partnership Program (4)
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Education (23)
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Automatic Trading (19)
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Hedging (2)
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Other (52)
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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.
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. Is there anyone who has become a strategy provider for this broker copy trading platform? If yes, then I would be happy to hear your side of the story.
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 positions open overnight. Lastly, what is FP Market's stand on hedging? Is it allowed?
May 13 2022
A little bit of problem with withdrawal process, but in the end all the problems solve easily.
Sep 1 2021
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.