FP Markets

FP Markets is an Australian-based global CFD and Forex broker that has won numerous awards for its "Best Trade Execution." It utilizes an Electronic Communication Network (ECN) pricing model, which connects traders directly to liquidity providers like banks and hedge funds. This ensures that traders get raw spreads (often from 0.0 pips) and no dealing desk interference.

The broker offers a massive range of over 10,000 tradable instruments across forex, equities, metals, and crypto. It supports the Iress platform for advanced share trading (DMA) as well as the standard MetaTrader suite. FP Markets is strictly regulated by ASIC and CySEC, making it a legitimate and secure choice for professional traders seeking low latency and transparency.

Frequently Asked Questions

1. Is FP Markets an ECN broker?

Yes, FP Markets offers ECN pricing on its Raw account types. This means they pass the prices directly from liquidity providers to you without markup, charging a small commission per trade instead. This model ensures no conflict of interest between the broker and the trader.

2. What trading platforms are available?

FP Markets offers MetaTrader 4 (MT4) and MetaTrader 5 (MT5) for forex and CFD trading. For equity traders, they offer the sophisticated Iress platform, which provides Direct Market Access (DMA) to thousands of global stocks.

3. specific minimum deposit?

The minimum deposit for a Standard or Raw MT4/MT5 account is $100 AUD (or equivalent). For the Iress platform, the minimum deposit is higher, typically starting at $1,000 AUD due to the professional nature of the software.

4. Can I use a VPS?

Yes, FP Markets offers a sponsored Virtual Private Server (VPS) for traders who deposit over a certain amount and trade a minimum volume (usually 10 lots) per month. A VPS ensures your automated trading strategies run 24/7 without interruption.

5. Is it safe?

Yes, FP Markets is regulated by the Australian Securities and Investments Commission (ASIC) and the Cyprus Securities and Exchange Commission (CySEC). These are two of the most rigorous financial regulators in the world, ensuring client funds are segregated and protected.