FP Markets Trading Account – Review, Types, Process, Benefits, Charges & more

Check out everything about FP Markets Trading Account here.

FP Markets is an Australian financial asset trading company that has made quite a reputation in the market.

Established in 2005, the company has over 100 employees today, and it operates globally. Regulated by ASIC and CySEC, it is a trustable institution, to say the least.

Therefore, it makes perfect sense to be associated with a company that has tons of experience and is skillful too.

So, in this article, we will learn about the FP Markets Trading account, how to open up an account, and what the features and benefits of the company are. So, let us begin.

FP Markets Trading Account and Benefits

To stay relevant in the financial trading market you have to offer a lot of benefits to the trader.

FP Markets acknowledges this part and hence the following are some of the pros of owning an FP Markets Trading account:

• It is safe to consider FP Markets as an expert in forex trading. However, you can trade a wide range of stocks, indices, and commodities by own a Trading account with them.
• The Trading Platforms that the company offers are some of the bests in the market. There are the MT5 and MT4 as desktop applications. Then there is WebTrader, which is the browser version, and of course, the FP Markets Trading mobile app available in both Android and iOS.
• The spreads start from as low as 0.0 pips, and the overall fee structure is designed to let you earn more without compromising your profit ratio.
• FP Markets is a global brand and therefore the traders can access various international markets from one trading platform.
• You can place fast orders as the company owns an NY4 server facility.
• Most traders, be that experienced or newbies, expect a responsive support team. FP Markets delivers Multilingual customer support to provide the best problem escalations in some of the famous languages in the world.

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FP Markets Trading Account Charges

FP Markets is renowned for reasonable spreads. However, the fee varies depending upon the type of account you own.

Now, we will learn more about the account types later. But for your information, you can begin trading as low as 100 AUD.

You should also keep in mind that there are two types of accounts – the Standard account and the Raw ECN account.

So, the fees structure varies depending upon the account you choose. Usually, the Raw ECN account offers the minimum spreads fee of 0.0 pip, while the Standard account typically doesn’t provide that.

Now, let us talk about the spreads and commissions for different classes of assets that the company provides.

FP Markets’ main product is forex. There are tons of significant currency pairs that you can trade from.

The spreads can be as low as 0.0 pip and it can be as high as 2879.07 pips. But still, if you compare that with most companies, they charge considerably low.

When it comes to Indices trading, the spreads are high compared to Forex trading.

The minimum spread fee they are charging can be as low as 0.2 pip and can go a maximum of 9.43 pips. Again, in comparison to FP Markets’ competitors, this fee is reasonably low.

When it comes to commodities, the company offers WEST TEXAS INTERMEDIATE CRUDE OIL, West Texas Intermediate Crude Oil Cash, and Brent Crude Oil Cash.

The best part is the spreads the company is offering – a minimum of 0.2 pip, and a maximum of 0.25 pip.

More on FP Markets Trading Charges

Cryptocurrency is currently the most trending form of investment today. FP Markets makes sure you can earn the most by providing a minimum of 0.0 pip.

It goes up to a maximum of 4.39 pips. Needless to mention again that the fee is considerably low in comparison.

On top of the regular spread fee depending on the type of trading account you choose, there are the swap rates for the assets that you should check out.

On top of that, the traders can get extra benefits on special Trading Hours and Holiday Trading Hours. Check the official site to know more or contact support.

Types of FP Markets Trading Account

Primarily there are two types of trading accounts that the company is offering – the standard account and Raw ECN account.

Of course, there are the dedicated Islamic trading accounts separated as the standard and Raw ECN accounts too.

Let us discuss a few traits of each account. The minimum opening balance that you need to hold is $100. This applies to all the accounts.

The minimum spread for the Standard accounts is 1.0 pip, while for the Raw ECN account, it is 0.0 pip. This part is similar in the Islamic accounts as well.

If we talk about the commission fee for the Standard account, it is Zero, while for the Raw ECN account, it is $3 per side.

Likewise, there are lots of features that may be beneficial to you, but not for others. So, check out the official site to get all the information.

FP Markets Account Opening and Trading Process

You can open an FP Markets Trading account with just five simple steps:

• The first step is to follow the link – https://portal.fpmarkets.com/int-EN/register. Fill out the form and click on “SAVE AND NEXT.”
• Then, they will ask for a few more information regarding your profession and identity proof. It is the eKYC verification process that you need to complete.
• The next step is to create an account username and password.
• The fourth step is to check out the terms and conditions of creating the account which you need to accept.
• After that, you can start trading.

The trading process with FP Markets is quick and easy. The company offers a variety of trading platforms that you can access from almost every device.

Once you are logged in to your account, you need to create the watchlist and then you can place an order straight from there.

Find Different Trading Account Types of Forex Brokers

FP Markets Trading Account – Features

Let us now discuss some of the significant features that you can enjoy while using the FP Markets trading account:

• There is a demo account that you can use to practice online trading for free. It also comes with $5000 virtual money to spend.
• You will get prompt email notifications.
• You can place OCO Orders.
• The Trailing SP/TP feature is available.
• You can do API Trading.
• VPS Services are available.
• The Trading from Chart feature is enabled.
• There are tons of offers and promotions available for the traders at all times.
• The One-Click-Trading feature is available.
• You can seek help from their Expert Advisors.

Check out Online Trading Services of FOREX Brokers

FP Markets Trading Account – Conclusion

There are numerous reasons to trust FP Markets.

The company has years of experience backed by cutting-edge technologies in the trading platforms they are offering.

From one place you can trade a variety of assets from global marketplaces.

On top of that, the spreads are minimal and there are tons of promotional offers for the traders.

So, it makes perfect sense to open an FP Markets trading account.

FP Markets Online Trading – FAQs

Here is the list of FAQs related to the FP Markets Online Trading:

Do FP Markets provide Online Trading?

FP Markets is an international brand that provides forex trading primarily.

Then again, you can trade stocks, indices, and commodities by owning one trading account with the company.

What are the Commission Charges in FP Markets?

FP Markets doesn’t deal with commissions. Instead, they charge spreads.

Do FP Markets provide Demo account Trading?

Yes, of course. The demo account is ideal if you are a new trader.

You will get $5000 virtual money to spend and learn online trading without taking any financial risk.

Is trading Free at FP Markets?

Online trading with FP Markets is technically free. However, there are spreads that you need to pay. Then again, some of the assets while availing the Raw ECN account is 0.0 pips.

Kindly have a word with the support team to know more.

Do FP Markets provide Spot Metals Trading?

Of course. FP Markets is one of the worldwide leaders of spot metal trading.

They are offering such trades at reasonable spreads too.

What are Spot Metals Trading Charges at FP Markets?

There are 4 Spot Metals in the offering from FP Markets. For Gold vs US Dollar, the average spread is 0.43 pip, while in the Raw ECN Account, it is 0.25.

In the case of Gold vs Australian Dollar, they are charging 1.39 pips as the average spread in the Standard account.

The Silver vs US Dollar fee for the Standard accounts is 0.03 pip, whereas, for the ECN account, it is 0.02 pip.

Finally, FP Markets charge 0.03 pip for Silver vs Australian Dollar in the Standard accounts, while the amount is 0.02 pip for the Raw ECN accounts.

Do FP Markets provide Stock Trading?

Yes, you can do stock trading with FP Markets.

There are over 10,000 Australian and international company shares in the offering from the global stock exchanges.

So, we suggest you confirm with the support team if you are looking for any specific share.

What is Spread at FP Markets?

At FP Markets the spread starts with a low as 0.0 pips. Spread is different for every product and FP Markets is best known for charging tight spreads from its users.

Are FP Markets safe for trading?

Sure, it is safe to trade online with FP Markets. ASIC and CySEC regulate the funds for this company which are reasonably trustworthy companies.

From the security perspective, the company is well covered. Two-step verification is available on every trading platform they provide.

Do FP Markets provide Trading Tips?

FP Markets offers expert advisory services to provide quality tips to every trader.

Of course, it is ideal for any new traders, but equally crucial if you are an experienced one too.

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