FP Markets Review

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FP Markets is a well-established and regulated online broker for buying and selling financial instruments via easy to use desktop platforms and mobile trading apps. The broker has a vastly impressive selection of more than 13,000+ trading instruments which is one of the largest offering of assets I have seen from any broker. Traders from all over the globe can trade Forex pairs, Stocks, Gold, Silver, Commodities, Indices, Equities and Cryptocurrencies. You can instantly open a trading account with a minimum deposit requirement of just $100 whilst there are free demo accounts available if you want to practice trading online to begin with. FP Markets have some of the best trading conditions with tight spreads, low fees and reliable execution speeds. Whatever your previous trading experience or investment size, they welcome all trading strategies and traders from all different backgrounds.

FP Markets was founded in 2005 and has since grown into one of the largest and most well-respected brokers in the online trading industry, winning multiple awards for their brokerage services. They have awards for their trading conditions, customer service and trader’s education amongst others. You can access over 13,000 tradeable CFD products on the world’s biggest exchanges. Choose from the brokers powerful platform options including MT4, MT5 and Iress and take your trading with you via their mobile, app and web based accessibility options. Access institutional-grade liquidity with no price manipulation, no dealing desk & no requotes.

FP Markets has industry leading trading conditions with transparent pricing, fast trade execution speeds and low overall trading costs. They incorporate the latest innovative trading technologies with ECN pricing and pricing direct from the markets. Spreads start from just 0.0 pips and leverage of up to 1:500 is available. FP Markets have partnered with leading banking and non-banking financial institutions to provide a deep liquidity pool, offering among the best available market prices. Liquidity providers include house hold global names such as Barclays, HSBS, J.P. Morgan, RBS, Goldman Sachs. etc. FP Markets provide ideal conditions for scalping and EAs with no minimal distance between the spread.

FP Markets supplies traders of all experience levels with award winning trading platforms and one of the most generous selections of trading tools that I have seen from any broker. Whatever your level of experience or investment size, FP Markets provide all clients with the same high standard of trading services. Everyone gets access to the brokers multilingual support team who are available 24 hours a day, 5 days a week via phone, live chat and email. In addition to award winning support, FP Markets clients are provided with a dedicated account manager.

Some of the key features of FP Markets online trading broker include:

  • Well respected ASIC and CySEC regulations
  • Very large range of trading instruments (over 13,000+)
  • ECN pricing model
  • Tight spreads & fast trade execution speeds
  • Advanced & powerful IRESS trading platform
  • Commission free accounts
  • Plenty of account funding methods
  • Client funds held in segregated accounts
  • Broker has won multiple awards

Instruments

Whether you’re looking to trade Forex on the major currency pairs, shares across Apple, Facebook and Amazon or Gold and Silver, FP Markets has you covered. Take advantage of low commissions and tight raw spreads from 0.0 pips.

At FP Markets you can trade CFDs across Forex, Shares, Metals, Indices, Commodities & Cryptocurrencies. The broker offers a huge range of 13,000+ tradable CFD products across global financial markets. Simply choose your desired trading platform and begin a seamless trading experience.

MetaTrader 4 and MetaTrader 5 are the world’s most popular forex trading platforms offering 60+ currency pairs along with a wide range of metals, commodities, and indices from global exchanges. Those who wish to become part of the Cryptocurrency revolution can trade Bitcoin, Ethereum, Ripple, Bitcoin Cash, and Litecoin.

You can also access the world’s biggest exchanges such as ASX, NASDAQ and NYSE. Enjoy Direct Market Access (DMA) pricing through the FP Markets Iress platform and trade thousands of stocks. Choose your favourite products and start trading today!

With an independent exchange price feed, you can see every bid and every offer for the security you are trading. By passing 100% of DMA orders into the live market, FP Markets allows you to have an effect on the demand and supply of the product you are trading. A DMA model allows the trader to access identical market liquidity to the underlying market.

Forex Trading

Trade 60+ currency pairs on MetaTrader.

  • The Forex markets are open 24 hours a day, 5 days a week
  • Trade on tight raw spreads from 0.0 pips
  • Leverage options up to 1:500
  • Access 60+ currency pairs including the GBPUSD, AUDUSD & EURUSD
  • MT4 and MT5 platforms on desktop and mobile
  • No price manipulation, no requotes and no dealing desk

Shares CFDs

Over 10,000 stocks on global exchanges via IRESS.

  • Trade your favourite stocks including Apple, Facebook, Amazon and thousands more
  • Access the world’s biggest exchanges including the NASDAQ, NYSE & LSE
  • Enjoy transparent Direct Market Access pricing exclusively through the Iress platform
  • Choose from Iress and MT4 platforms
  • Trade on the go via desktop and mobile apps
  • Trade faster with award-winning execution

Commodities Trading

Trade gold, oil, silver & more.

  • Hedge your investment risks with high value assets, like gold and silver
  • Choose from a wide range of Commodities, such as energy, metals and agricultural products
  • Enter and exit trades whenever you want to, 23/5, across almost all Commodities markets
  • Benefit from low margin, low-cost trading, without compromising execution
  • Trade in any direction you think the markets will go, short or long, maximising trading opportunities

Indices Trading

Trade 19 major global Indices.

  • Trade CFD Indices futures from across the world at margins starting at just 1%
  • Access 19 major global indices
  • Stay on top of overseas stock index movements with access to NASDAQ 100, S&P 500, EUREX, indices and more
  • Speculate on the direction of the underlying index, without actually having physical ownership of any shares
  • When you trade Indices, you get to trade both bullish and bearish price moves, giving you greater trading opportunities

Cryptocurrencies Trading

Bitcoin, Ethereum, Ripple, Bitcoin Cash, Litecoin.

  • Trade Bitcoin, Ethereum, XRP (Ripple), Bitcoin Cash, and Litecoin
  • Trade without the need for a crypto wallet
  • Great way to diversify your portfolio
  • Cryptocurrency prices are not correlated to any central bank or financial instrument
  • Trade both rising and falling prices in a 24/5 market
  • Trade on MT4 & MT5 across desktop and mobile

CFD Trading

CFD trading allows you to speculate on falling and rising prices without actually need to own the underlying asset. The difference in price between when you open and close a CFD position, is the profit or loss minus any brokerage fees. You can choose what instrument prices you wish to speculate on and hold positions for as long as you like. Some day traders may open and close multiple positions each day, other more long-term investors may look to hold positions for weeks, months or even years.

With FP Markets you can trade with leverage. This means that you can effectively open a position size larger than you would be able to without leverage. For instance, if you had an account balance of $100 and leverage of 1:100, you could take a position size of up to $10,000. This is because $100 x 100 leverage = $10,000.

Whilst it may seem like this is an attractive proposition, it is important to keep in mind that leverage not only increases the potential profit of a trade, it also significantly increases the risk. It is therefore imperative to make sure that you have a clear understanding of what leverage is and how it works, before trading leveraged positions with FP Markets or any other forex broker for that matter.

Platforms

Traders can access the global markets and manage their portfolio from a range of desktop, web and mobile trading platforms for Android and iOS devices. Traders have a choice of powerful trading platforms to choose from including the ever popular MetaTrader 4 (MT4), MetaTrader 5 (MT5), WebTrader MT4/5, along with the sophisticated IRESS platform. Users have the convenience of being able to trade all of the brokers markets and instruments from one trading account.

Amongst the many features of the FP Markets platforms are:

  • User friendly & intuitive platforms
  • Fully customisable charts & user interface
  • Real time bid/ask price quotes
  • Multiple chart time frames, types & styles
  • Technical indicators & drawing objects for chart analysis
  • News alerts
  • Price alert notifications
  • 13,000+ tradeable assets
  • Automated trading
  • Free for desktop, web & mobile devices
FP Markets Review - Broker Trading Platforms
FP Markets Review – Broker Trading Platforms

MetaTrader 4

FP Markets offer the world’s most popular trading platform with flexible trading conditions, tight raw spreads and fast execution. Discover the benefits of trading with FP Markets on one of the most powerful trading platforms. As part of the brokers commitment to seamless trading experiences, they offer advanced charting tools, numerous technical indicators, real-time price charts, market news and insights, and a suite of automated trading options.

Traders using Expert Advisors (EAs) can take advantage of FP Market’s fast execution speeds. They have partnered with the top forex liquidity providers for deep liquidity, along with real-time price quotes for a wide range of tradable instruments. Download the MetaTrader 4 (MT4) software for Windows for free and experience trading with tight spreads and transparent commissions.

MetaTrader 4 is a revolutionary Forex trading platform. It is loaded with features and provides the added benefit of a customisable interface. A range of advanced analytical technologies provide traders with the opportunity to conduct market analysis from within the platform interface. This is particularly the case with technical analysis which involves the using patterns in market data to identify trends.

The functionality of the MT4 platform is what sets it apart. There are several key aspects to trading including market analysis, trade execution and risk management. An extensive number of features provide traders with all the tools required to effectively implement their trading plan.

Not only does it have the necessary tools required to analyse market data and identify patterns, the platform also provides the necessary technological features needed to capitalise on trading opportunities.

FP Markets MT4 Platform
FP Markets MT4 Platform

MetaTrader 4 (MT4) Platform features:

  • Trade directly off charts with one click trading
  • Place trading orders, limit and stop orders
  • Set and modify take profit and stop loss
  • Set multiple trading alerts
  • 3 chart types, 9 timeframes & 24 analytical objects
  • Modify, add & customise chart layouts and indicators
  • Manage trading signals to suit your trading system
  • Add personalised charting indicators on FP Markets MT4 platform
  • Save parameters for your charts and indicator settings
  • Start trading immediately, as the market moves
  • Switch between separate profiles
  • Trade different financial markets and strategies
  • Pre-installed with 60+ indicators from MetaTrader 4 chart providers
  • Free access to Metaquotes MQL5 community
  • Access thousands of custom indicators from downloads folder
  • Advanced analysis and data
  • Access tight raw spreads for automated forex trading
  • Create and edit Expert Advisors with MQL4 programming
  • Back test EAs with an inbuilt strategy tester on your MT4 terminal
  • Access thousands of EAs through MQL5 community downloads

MetaTrader 5

MetaTrader 5 (MT5) is a technologically advanced multi-asset trading platform specifically designed for trading Forex, Shares, Metals, Commodities, Indices, and Cryptocurrencies. The FP Markets MT5 platform for Windows offers traders access to a first-rate trading experience in Forex, Shares, Metals, Commodities, Indices and Cryptocurrencies.

Following the success of MetaTrader 4, its developer MetaQuotes created MetaTrader 5 to cater for a more enhanced trading experience. The platform provides a wider range of market analysis tools and offers access to additional exchange markets. There is no need to use multiple applications as MetaTrader 5 is a complete suite.

The platform includes all the necessary tools required to conduct fundamental and technical analysis, along with the option of developing custom indicators. MetaTrader 5 has distinct features that accommodate for algorithmic trading and copy trading, making it suitable for traders using Expert Advisors (EAs).

FP Markets provides the ideal environment for scalping and Expert Advisors (EAs) courtesy of zero restrictions, raw pricing and fast trade execution. Those using the MT5 platform are able to make full use of these trading conditions due to the advanced capabilities of the trading platform.

You can get the latest market news, macroeconomic releases and detailed insights with an in-built economic calendar to assist with financial news and fundamental analysis, FP Markets understands the needs of today’s traders and delivers a high-functioning and secure trade terminal in the form of MetaTrader 5 for seamless trade execution and risk management.

In addition to its functionality, MetaTrader 5 provides a high level of flexibility. FP Markets offers versions for alternate operating systems including Mac OS and WebTrader, which is a web platform that is accessible through all popular internet browsers. You can also access your trading account via portable devices using FP Markets mobile versions for iOS (iPhone and iPad) and Android.

FP Markets MT5 Platform
FP Markets MT5 Platform

MetaTrader 5 (MT5) Platform Features:

  • Trade Forex, Indices, Commodities, Shares & Cryptocurrencies
  • Spreads from 0.0 pips & leverage up to 1:500
  • Depth of market display and technical indicators
  • 6 pending stop order types, including Buy Stop Limit and Sell Stop Limit
  • Improved strategy tester for algorithmic trading and expert advisors (EAs)
  • In-built market of trading systems & apps
  • Trading functions and alerts with e-mail and push notifications on mobile devices
  • Improve precision in forex and CFD trading through trading robots for scalpers
  • Forex Signals and Copy Trading
  • 21 timeframes and 8 order types

MetaTrader WebTrader

With the FP Markets MetaTrader 4 & MetaTrader 5 online WebTrader, trading becomes highly flexible. You can simply trade from a browser of your choice, on your preferred device with no OS preference (Windows or Mac), without the need to download additional software.

Discover the benefits of trading with super-tight spreads and ultra-fast execution speeds, from anywhere and at any time. FP Markets offers ECN pricing, which means you gain access to real-time price quotes, spreads starting from as low as 0.0 pips, and no re-quotes or third-party intervention.

The MetaTrader WebTrader matches the execution capabilities of the MetaTrader desktop application. It offers the convenience of a fully functional application which is ideal for when you want to quickly access the financial markets or study charts without the need to open the desktop application whilst providing the same level of functionality.

Without the need to download anything at all, MetaTrader WebTrader gives you access to the same range of instruments that FP Markets offers on the desktop version for demo and live accounts. The same consistently tight spreads from 0.0 pips, execution speeds and one-click trading are available.

The MetaTrader WebTrader full functionality allows one-click operations for opening and closing trades, setting stops and entry limits, placing direct orders, setting and editing limit and stop loss, and charting

FP Markets WebTrader
FP Markets WebTrader

MT4 and MT5 online WebTrader platform features:

  • Trade Forex, Share CFDs, Indices, Commodities & Cryptocurrencies
  • Spreads from 0.0 pips & leverage up to 1:500
  • ECN Pricing and no requotes
  • Ease of trading (no download required & starts in seconds)
  • Complete suite of trading tools and operations
  • Trade from anywhere
  • One-click trading
  • Multiple order types and execution modes
  • Real-time price quotes
  • Data synchronisation across all platforms
  • Online support 24/7 & Personal Account manager
  • Multiple language support
  • Depth of Market feature

FP Markets Trading App

The FP Market trading app provides low-cost trading whilst on the go. You can trade global markets from the palm of your hand. Access all your favourite products from one convenient app through one account. Trade what you want, wherever, whenever, and do it your way. Make, monitor and review trades within seconds. Traders can also conduct research and technical analysis using a wide range of trading tools. The FP Markets Trading App puts you in control of your trading experience!

FP Markets Trading App
FP Markets Trading App

FP Markets Trading App Features:

  • 60+ Currency Pairs featuring all major currencies (EUR, GBP, USD, AUD, CHF, JPY, NZD, CAD, HKD, SGD)
  • CFD trading across shares, indices and commodities
  • Access to the world’s most popular companies across global exchanges including the NYSE and FTSE
  • Trade cryptocurrency CFDs including Bitcoin, Ethereum, Ripple and Litecoin
  • Set stop-loss and take-profit limits
  • Conduct market analysis using charting tools and a range of technical indicators
  • Full account access from within the App – deposit funds and change leverage levels
  • Create, edit and customise your own favourites menu
  • Added benefit of browser access through mobile web version
  • Top-tier liquidity with real time pricing
  • Access 24/7 multilingual customer support within the mobile trading platform
  • Deposit/withdraw using 10+ funding options including credit card, debit card, wire transfer, PayPal, BPAY, Neteller, Skrill and more
  • Optional demo account with no minimum deposit

Social Trading

The growing interest in Forex Trading and Contracts For Difference (CFDs) has seen the emergence of a new class of traders that prefer to analyse the performance of experienced traders and replicate their trading behaviour. FP Markets Copy Trading allows you to find, follow and copy successful traders automatically. There is no need to build your own trading strategy or conduct research on forex markets. Copy trading removes the complexities of trading forex and CFDs. Find out how it works and take part in the largest financial markets in the world.

Social trading can be useful for people that are interested in financial markets but lack the experience and knowledge. The biggest thing to remember before you start social trading is that there is a level of risk associated with all forms of trading. Social traders should take an active interest in learning about volatility and how to recognise high risk trading activity.

Replicating experienced traders does not eliminate the element of risk. Social traders rely on the trading decisions of others but still bear all of the risk with respect to their brokerage account. Despite not executing any trades themselves, social traders should still understand How To Manage Risk.

Social traders can diversify their portfolio by copying the trades of multiple providers that trade different financial instruments. This may include assigning a portion to a cryptocurrency provider that may focus on Bitcoin and Ripple. Another percentage of your capital may be dedicated to copying forex-based investors that are experienced with major currencies such as the USD and Australian dollar.

FP Markets Copy Trading
FP Markets Copy Trading

Key features of FP Markets copy trading solutions include:

  • No need to develop your own trading plan
  • Follow performance of successful traders in real-time
  • Mirror trading behaviour of professional traders with a proven track record
  • No need to make any trading decisions
  • Maintain control: Functionality allows multiple copy trading options and risk management strategies
  • Completely automated trading
  • No guarantee on performance, historical results not a reflection of future results

Tools

FP Markets provide their clients with a very impressive set of trading tools to compliment the vast amount already included within their industry leading trading platforms. This even include a Free Forex VPS for qualifying clients! These tools can be used by new and professional traders to help improve the efficiency of their trading. They are completely free to FP Markets clients and include:

  • Economic calendar
  • News feeds
  • Trader toolbox
  • Alarm manager
  • Correlation trader
  • Correlation matrix
  • Excel RTD
  • Market Manager
  • Stealth Orders
  • Tick Chart
  • Session Map
  • Trade Terminal
  • Mini Terminal
  • Sentiment Trader
  • Forex VPS
  • PAMM/MAM

MAM/PAMM

Managed Accounts give clients the option to have a portfolio manager trade all of their accounts (known as “sub-accounts”) as if they were one “Master Account”. In order to perform this kind of money management, you require bespoke technology or software which is also known as a MAM/PAMM.

MAM stands for Multi-Account Manager. This permits a range of customisable ways to sub-allocate trades in addition to the method of percentage allocation in a PAMM.

PAMM stands for Percentage Allocation Management Module Manager which is a form of pooled money forex trading. This software means investors can be part of a set of sub-accounts which are traded together by a money manager or trader who has permission from clients to trade their accounts under a LPOA (Limited Power of Attorney).

Customise your trade management with the high-performance multi-account management solutions provided by FP Markets. Professional fund managers who partner with the broker for MAM/PAMM forex account solutions get award-winning services that have been provided from Australia since 2005.

Available for use with MetaTrader 4 (MT4) both the MAM and PAMM accounts, therefore, provide managers the high level of control they need to maximise returns from trading forex.

Money managers gain the flexibility of a full-service solution. You can choose your trading conditions, including commissions, spread mark-ups, account currency, performance fees and margin/call. The brokers low commission structure, combined with tight spreads, results in greater margins for trade managers.

FP Markets helps money managers plan profit and loss goals on a per-account basis, based on open trade conditions. Easily withdraw or deposit funds in and out of MAM/PAMM accounts without disrupting trading activity. All FP Markets MAM managers can quickly calculate performance fees for all their clients, as needed.

With a host of solutions, right from a vast product range to automatic calculations and customisable trading conditions, The FP Markets Money Manager Program is a preferred choice for thousands of professional fund managers.

Key features of the FP Markets MAM/PAMM include:

  • Unlimited trading accounts and deposit levels
  • Ability to be used across all account types
  • Live order management within MAM/PAMM
  • Real-time performance and commissions reports
  • Expert Advisors (EAs) for all your clients

Virtual Private Server

A Virtual Private Server (VPS) allows traders to run automated trading strategies 24 hours a day, 7 days a week with one of the fastest possible connectivity with FP Markets dedicated servers.

With FP Markets VPS hosting for MetaTrader 4 and MetaTrader 5, Forex traders can run automated algorithmic strategies, including EAs (Expert Advisors). Any concerns about downtime affecting trades are minimised and any trading platform issues on operating systems due to internet connection or windows server significantly reduced.

No need to worry about servers crashing or broadband connectivity fluctuating. They’ve partnered with Liquidity Connect to provide a customised, ultra-low-latency solution for our clients to minimise slippage. The FP Markets VPS plan seamlessly connects traders to the Equinix NY4 grid, using cutting-edge technology and ensuring trade executions are done in milliseconds.

This server-side solution includes state-of-the-art hardware and virtualisation technology, delivering a solution without the cost or complexity of trading clustering solutions. The core infrastructure is housed in the Equinix New York datacenter, benefiting Active and Algorithmic (EA) traders.

If you trade over 10 lots on a standard trading account, or 20 lots on the FP Markets Raw account, they will cover your monthly subscription fee with their dedicated forex VPS provider. If you’re just getting started with trading forex or CFDs, the broker can sponsor a VPS plan for you if you make a minimum deposit of 1000 USD or equivalent. They will continue sponsoring the VPS if you meet the required volume per month.

  • 24/5 trading operations, even in offline mode
  • Maximise protection from power disruptions and network issues
  • Support for all Expert Advisors (EAs)
  • Low latency execution
  • State-of-the-art technology
  • Cost-effective VPS system
  • 24/7 Live support

Traders Toolbox

The FP Markets MT4 Traders Toolbox is a suite of 12 online trading tools that will take your trading experience to another level. The Trading Toolbox brings Wall Street to your doorstep by combining a robust trading infrastructure with valuable market insights and an array of trade assistance applications.

Traders can access the economic calendar and breaking news that may impact market prices from within the platform. Risk management is made easy thanks to the Trader Tools Alarm Manager. Set automated actions such as opening and closing positions in order to take profits and minimise losses.

Monitoring, comparing and analysing can be difficult at the best of times but not with the Traders Toolbox. Gain access to real-time price activity and trend direction with the Correlations Trader or use the Correlation Matrix which provides a great overview of all the different currency pairs and how they are correlated.

Tick charts, session maps and trade assistance tools such as the Trade Terminal assist in identifying market volatility and leveraging it through day trading. Trading doesn’t end when you open or close a position with analysing and reporting recognised as key areas in any trading strategy. The Excel RTD is the ultimate reporting tool as it inserts real-time data into Excel which can then be used to send trading commands to the trading platform.

Forex Trading Calculator

As a trader, knowing how to manage your risk is crucial. The FP Markets Forex Calculator helps you assess the risks around your next trade before you execute it and includes:

Pip Calculator

Work out the value per pip in your base currency to accurately monitor your risk per trade.

Currency Converter

Convert live exchange rates.

Margin Calculator

Calculate margin requirements needed to open and hold positions.

Swaps Calculator

Calculate the interest rate between the two currency pairs on your open positions.

Profit Calculator

Evaluate projected profit or loss from any transaction that will be made in the forex market.

Autochartist

Download the Autochartist MT4/5 Plugin today to your trading platform to access this powerful technical analysis tool and take your trading to the next level. Use the powerful Autochartist technical analysis tools in order to easily understand the trading opportunities in real time. Autochartist provides real-time trade setups for beginner and experienced traders alike.

Autochartist delivers 1000+ actionable trade opportunities and ideas per month. Trading opportunities are delivered via email, mobile applications with push notifications, within the client area and in the MT4/MT5 platform. Access financial markets across Forex, Metals, Indices, Commodities and Cryptos.

Save time by having Autochartist continuously scan the market for high-quality trading opportunities. Visual quality indicators give novice traders the ability to better interpret chart patterns. Experienced traders can choose to perform advanced search functions.

FP Markets Autochartist Trading Tool
FP Markets Autochartist Trading Tool

Here are some of the key advantages of the Autochartist MT4 & MT5 plugins:

  • Fully customisable and easy to use technical analysis tool
  • Chart patterns and Fibonacci pattern analysis tool
  • Easy to install Expert advisor (EA) available for MetaTrader 4 and MetaTrader 5
  • Helps to identify trading opportunities in the most interesting markets
  • Ability to monitor multiple markets at the same time from your trading account
  • Allows market trends and key levels to be identified through technical analysis
  • Entry-level access to complex chart patterns allows beginners to improve future performance
  • Provides forex trading alerts so traders stay informed about the available opportunities in the markets in real time straight to their trading platform

Myfxbook AutoTrade

Through AutoTrade, the brokers state-of-the-art mirroring service, clients of FP Markets can access the most advanced copy trading techniques in order to deliver results. AutoTrade is a trading system provided through Myfxbook. It provides you the opportunity to copy a wide selection of systems directly into your FP Markets MetaTrader 4 (MT4) trading account. Installation is easy, it’s as simple as connecting your live account on FP Markets trading platform to analytical tool Myfxbook and then finding the system you want to copy.

FP Markets Myfxbook AutoTrade
FP Markets Myfxbook AutoTrade

Economic Calendar

Access all important upcoming global economic news, events and activity that impact financial markets in one place with the FP Markets economic calendar. The Economic Calendar is an essential tool for planning trades and future orders. It lists important upcoming market events along with economic activity and indicators that could impact global financial markets including Forex. They fall into a range of key categories including central banks, inflation, interest rates, economic activity and politics. The greatest benefit of the Economic Calendar is that the upcoming news and events can be accessed in real-time from a single page with details, charts and descriptions all provided.

FP Markets Economic Calendar
FP Markets Economic Calendar

Education

When it comes to educational resources for clients, it is hard for any broker to better what FP Markets offer. They have an absolute wealth of materials available to help traders of all levels including tutorial videos, a trading course and trading guides (eBooks). These guides cover many different topics such as the basics of trading, trading platforms, technical analysis, risk management and much more. In addition to this generous offering, FP Markets also provide clients with daily market reports, market analysis, blog articles and webinars. All of this is free of charge to existing clients so yet another great reason to trade with FP Markets!

Forex Trading eBooks

Whether you are new to trading forex or a professional trader, FP Markets free trading eBooks can help take your trading to another level. You cannot become a successful trader overnight. It takes time, a willingness to learn, and the ability to both develop and execute a trading plan.

The brokers team of industry professionals have come together to develop a series of educational materials that have been designed to address key areas associated with forex. Learn from expert full-time traders that have a comprehensive understanding of foreign exchange, its challenges and benefits. The trading books provide detailed information on important aspects of forex including money management, trading systems and volatility.

There are specific trading eBooks on both technical and fundamental analysis along with tips on how to spot potential trading opportunities in volatile markets. Discover how experts use trading tools such as candlestick patterns when day trading financial instruments such as Forex, Shares, Indices, Metals, Commodities, and Cryptocurrencies.

FP Markets Forex Trading eBooks
FP Markets Forex Trading eBooks

Forex Trading Video Tutorials

FP Markets offers a number of educational videos to introduce forex traders to the MetaTrader 4 platform. They serve as a step-by-step guide for those who want to learn to trade using the world’s most popular foreign exchange trading platform.

After you have opened a Demo Account or Live Trading Account, you can explore the brokers instructional videos. They serve as a forex trading course for traders with a low level of experience in online trading. Get a glimpse on how to install MetaTrader 4, log in to your account and navigate the easy-to-use interface.

Next up it is off to the basics. Locating financial instruments and forex charts while also being able to access forex news within the platform. The MetaTrader suite provides traders with all the tools necessary to conduct both fundamental analysis and technical analysis.

Become familiar with functions such as market watch, navigator, trade terminal and place different order types including stop-loss and take-profit. Whether you are looking to trade major currency pairs such as USD/EUR or exploring the world of cryptocurrency trading, our forex video tutorials will help get you started.

Being able to keep track of your trades is important, as is developing effective trading strategies. MetaTrader 4 has been specifically designed to cater for the use of Expert Advisors (EAs), an option available to all FP Markets traders with a live account.

FP Markets Video Tutorials
FP Markets Video Tutorials

Trading Glossary

The FP Markets trading glossary includes a comprehensive list of definitions that will help you understand even the most complex forex trading terms.

‘Bears’ and ‘bulls’ may be wild animals in the wild but they mean something completely different in the world of forex. The glossary includes common day trading terms such as ‘bid’ and ‘ask’ along with in-depth explanations on a range of forex strategies, tools and indicators.

The benefits of expanding your vocabulary should not be underestimated. Forex analysts and industry experts constantly use jargon when presenting educational materials such as eBooks and video tutorials. An example is the nickname given to major currency pairs. The AUD/USD currency pair is nicknamed the ‘Aussie’ while the USD/CAD pair is commonly referred to as the ‘Loonie’. When in need of an explanation, look no further than the FP Markets trading glossary.

Daily Market Reports

Stay up to date with critical market information courtesy of FP Markets Daily Market Report. Multiple time zones mean that global markets operate around the clock, making it difficult to be well-informed across the financial markets that affect forex trading. The FP Markets daily report aims to solve that problem and is a great way to prepare for the upcoming trading day.

Each trading day, the market analyst team outlines key themes of financial markets to deliver stock specific news, technical levels and index information. One of the key features of the report is qualified opinion on how the share market in Australia is expected to open. The Daily Market Report is a complete market update that Forex and CFD traders should not go without.

Trading Webinars

Choose from a wide range of webinars that have been designed to cater for traders of all skill levels. Whether you are new to the world of trading or looking to develop your skills, FP Markets have webinars for everyone. Inexperienced traders can learn about forex basics and discover how to properly utilise trading platforms such as MetaTrader 4. For experienced traders it is all about polishing their skills and hearing about the trading strategies employed by other professional traders. You can register now on the brokers website and look to take your trading to another level.

  • Watch expert traders analyse markets in real-time
  • Have your questions answered
  • Valuable education and training at no cost
  • Suitable for traders of all skill levels

Trading Podcasts

The FP Markets Podcasts Series results from the brokers dedication to providing customers with the most functional and comprehensible educational material. The brokers professionals will be just like an audio academy in your pocket, explaining everything you need to learn about trading the markets in the most entertaining and comprehensive way.

FP Markets Events

FP Markets Events are an excellent and accessible way for traders to gain the markets’ insights from our market experts. Discover and learn how to trade and take advantage of exclusive trading opportunities. Upgrade your forex understanding and be the first to know about some of the latest products and tools available on the market.

FP Markets Traders Hub

FP Markets have a trading information centre known as the Traders Hub. Traders Hub is a rich source of fresh and informative content and daily technical and fundamental analysis to assist all levels of trader from beginner to advanced, helping them to improve their trading skills and knowledge.

The Traders Hub includes an abundance of helpful information including the following:

  • Technical Analysis – Daily and Weekly Analysis from the FP Markets team of industry experts
  • Fundamental Analysis – Daily and Weekly Analysis from the FP Markets team of industry experts
  • Trading Knowledge – A wide range of articles, eBooks, and videos for you to increase your trading knowledge
  • Company News – Find out all the latest news on FP Markets

This Traders Hub is designed to further enhance the brokers offering and continues with their commitment to provide traders with unparalleled trading conditions.

Conclusion

Overall, FP Markets really impressed me with their vast choice of trading products and services. They literally have everything a forex trader could need and more. There are powerful platforms absolutely packed with trading tools and even additional trading tools to compliment these. The educational materials make them a suitable brokerage for new traders and the minimum deposit to start trading is just $100.

The trading conditions are great from my experience with tight spreads, fast execution speeds and very competitive commissions. There are even commission free accounts if that is what you require for your trading strategy. The leverage of 1:500 is more than what many brokers are offering these days. FP Markets consistently offer some of the tightest spreads in the industry. Trade from 0.0 pips on the major currency pair with spreads regularly going as low as 0.0 pips on the major currency pairs.

Clients can benefit from a large liquidity pool of leading, tier one, regulated financial institutions for a diverse liquidity mix and aggressive pricing. You get award-winning low latency trade execution delivered from the brokers powerful Equinix NY4 facility server cluster. FP Markets let you stay in control with transparent pricing and commissions with your very own trading account. They can minimize slippage and let you experience ultra-low latency order execution, using best-in-class technology.

Furthermore, FP Markets are under strict regulation and operate in a transparent manner which gives investors peace of mind they are using a trusted broker. Client funds are held with AA rated Australia Banks and are held in segregated accounts away from company’s own funds. FP Markets offer clients regular account statements. The brokers financial accounts are audited by external audit firms, to ensure constant compliance with regulations across operations.

Traders can choose from a wide range of platforms including MetaTrader 4, the world’s most popular forex trading platform or its newer sibling, Metatrader 5. An extensive range of CFD trading products are also available through the Iress trading platform. Those looking to trade currency pairs such as the EUR/USD, AUD/USD and GBP/USD or commodity futures can do so with high leverage and low spreads.

New traders have the added benefit of being able to learn how to identify high risk trading conditions with a demo account. When ready to take the next step in online trading, FP Markets traders are able to open a live account with a very low minimum deposit of as little as $100. FP Markets also caters for the use of Expert Advisors (EAs) along with scalping and hedging, making it an ideal destination for traders of all skill levels.

FP Markets have won many awards in the brokerage industry including for customer support who are always polite, prompt and efficient in their responses. It is easy to see why FP Markets if the broker of choice for many traders nowadays!

FP Markets

FP Markets Logo

8.4

MARKETS

8.0/10

PLATFORMS

8.5/10

TOOLS

8.5/10

EDUCATION

8.5/10

PROS

  • Powerful yet user-friendly trading platforms and apps
  • Excellent trading conditions
  • Multiple account types and funding options
  • Quick and easy deposits and withdrawals
  • Great range of trading tools and educational resources
  • Social trading signals
  • Professional market analysis
  • Excellent 24/7 customer support

CONS

  • Cannot accept USA traders
  • Withdrawal fees
VISIT FP MARKETS WEBSITE

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