FP Markets is a well-regulated broker that offers the MetaTrader 4 and 5 trading platforms. It also has a mobile trading app. FP Markets does not charge inactivity fees. The company has a client-oriented philosophy and offers customer support in a number of languages. It also has established customer service centers in Europe, Asia, and Australia.
FP Markets is a well-regulated broker
There are many advantages to working with a regulated broker. For one thing, FP Markets adheres to strict Know Your Customer (KYC) requirements. These regulations ensure the safety of client funds. Client accounts are deposited in segregated accounts with top-tier global banks. Brokerage operational funds are kept separate from client funds. Moreover, FP Markets’ strict KYC requirements ensure that no client from a specific country is allowed to open an account.
FP Markets also offers a number of account types. You can choose from a standard forex account or an ECN raw account. If you are looking for a more professional trading account, you can also opt for a platinum or premier account. FP Markets’ operations are regulated by the Australian Securities and Investment Commission (ASIC), an organization which carries out rigorous oversight of financial institutions. Non-compliance by a broker can result in heavy fines.
FP Markets also offers customer support in several languages. They provide assistance through live chat, phone, and email. During weekdays, their customer support staff is available around the clock. On weekends, however, customer support is limited. In addition, their technical staff is well-trained to help with any queries.
The company offers various trading platforms for Forex and CFD trading. Its platform also allows users to customize the user interface and technical indicators. Users can choose from a number of MT4 indicators to analyze price movement. They also offer advanced features, such as an inbuilt MQL programming language and strategy tester applications.
The fees charged by FP Markets are competitive compared to industry averages. They accept credit/debit card, e-wallet, and bank transfer. Their fee-free withdrawal method is a plus.
It offers MetaTrader 4 and 5 platforms
One of the biggest advantages of MetaTrader 5 is its ease of use. You can change and customize the platform to meet your specific needs. Plus, you can use the platform for up to 30 days. Many traders like this option because it enables them to practice and get familiar with the trading process.
FP Markets is regulated by various bodies, including the Cyprus Securities and Exchange Commission (CySEC). This means that you can be sure that your funds are secure. FP Markets uses a number of high-rated platforms, including Iress, which offers low-latency trades.
Besides MetaTrader 4, FP Markets also offers the MetaTrader 5 platform. This platform offers a high level of flexibility and consistent profits. In addition, all commissions are disclosed on the website so there are no hidden costs. Furthermore, each trading account has access to over 150 instruments. Those with more experience in trading should go for the Premier account. Australian investors can use the Iress trading platform, but it is not available to all traders.
If you’re a beginner, you can go with the Standard Account. It offers low-cost trading and is best suited for long-term traders. If you are an experienced trader and have a high account balance, you can go for the Platinum or Premier account. Both of these accounts offer free delayed market data and telephone trading, but are not suitable for everyone. FP Markets is an Australian registered forex broker, and has recently started operating in the EU. The firm is regulated by the CySEC (the regulator that oversees financial institutions) and the European Securities and Markets Authority (ESMA).
MetaTrader 4 and MetaTrader 5 platforms are two of the most popular trading platforms available. Each of these has their own unique features and benefits. The latter is generally easier to program than the former. And MetaTrader 5 has many advanced analytical capabilities.
It has a mobile trading app
The FP Markets mobile trading app is free to download from the app store and Google Play. The app accepts deposits and withdrawals in EUR, USD, and GBP. There are no fees when you use a credit card to deposit. You can also withdraw your profits to the same card. However, if you need to withdraw more than one hundred EUR, you must use a bank transfer or an e-wallet with the same name.
FP Markets offers an app for iOS and Android that features the MetaTrader 4 trading platform. The app is easy to use and provides fast access to multiple markets. It has clean, easy-to-read charts with indicators and drawing tools. It also allows you to trade directly from a chart. Using the app to place a trade is also simple and fast.
FP Markets also offers an account management service through a third-party provider. These services help new traders start trading in the market. These managers help you manage your money and provide training and analytics. The platform also has a blog that allows traders to share tips and ideas.
Besides the mobile trading app, FP Markets also offers a desktop trading platform. MetaTrader 4 is the most popular platform and is also accessible on a smartphone. This platform is suitable for beginners and advanced traders. It also has customised indicators and a wide range of instruments. Moreover, FP Markets offers over 10 different funding options, including credit and debit cards. The app also allows users to view their trading history.
FP Markets also offers a comprehensive education program for newcomers. It includes a trading course, videos and eBooks for all levels of experience. The app also offers demo accounts with no deposit. This means that you can get a feel for the trading system and find out if it is right for you.
It does not charge inactivity fees
FP Markets does not charge inactivity charges for accounts. Unlike other large brokerages, it does not charge an inactivity fee for inactive accounts. This means that you can use your account for a long time before incurring any costs. Instead of paying a fee for inactivity, you can simply use it for practice. The fees that are incurred when trading are built into the price of the trade. If you are a beginner, you can use this account to practice trading and get a feel for how to use the platform.
FP Markets has a client-oriented philosophy. It offers various ways to contact customer service representatives. It also offers customer support in several languages. It also has customer support centers in Australia, Asia, and Europe. In case you need help with your account, FP Markets is here to help.
FP Markets is a regulated brokerage firm with headquarters in Australia. It adheres to ASIC and CySEC regulations. This gives you peace of mind. Furthermore, all client funds are held in segregated accounts at leading banks. This means that even if the brokerage company were to go bankrupt, your funds would remain safe. With FP Markets, you don’t have to worry about any inactivity fees.
FP Markets has a suitability test that requires applicants to provide information on their employment status, income, and trading knowledge. To proceed, you simply check the relevant boxes. If you’re eligible, you must agree to FP Markets’ legal documentation. Lastly, you must provide proof of residency. All of these steps are digital and convenient. You can also use the mobile app to monitor your account’s performance.
FP Markets has a comprehensive FAQ section on its website. This will answer your most common questions. Furthermore, you can download AutoChartist, an advanced technical analysis tool. This will help you understand trading opportunities in real time. FP Markets also has a Trading Glossary that allows you to learn about different trading terminologies.
It has a good educational section
The educational section of FP Markets’ website is very useful. In addition to daily market analysis, there are free eBooks and a trading glossary. There is also a blog where a trader explains and discusses topics related to trading. Finally, the site has a glossary that defines and explains trading terminology.
The company offers written and video lessons for traders of all experience levels. It also features a toolbox that allows traders to research global financial markets. However, the broker’s educational section isn’t extensive enough. A progress tracking feature is needed and the educational content should be expanded to cover a broader range of topics. Overall, FP Markets offers competitive pricing for forex traders.
Another good aspect of FP Markets is their customer support. The support team is available in more than 25 languages. You can also contact them live through live chat or phone. The customer support team is available on working days. And, if you’d prefer to talk to someone who speaks your native language, you can call them at one of the centers located in Asia, Europe, and Australia.
FP Markets is a multi-award winning broker. Their technology offers the fastest execution times and the best quotes. The broker also offers a wide variety of platforms and has a good educational section. While FP Markets’ pricing is affordable, some of its disadvantages are higher spreads on stocks and some withdrawals require a commission.
