FP Markets Broker Testimonials

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?