Since the broker was founded in 2005 and has since served more than 12,000 clients globally, FP Markets has been engaged in professional trading for a considerable amount of time. One of FP Markets’ key advantages is the usage of genuine ECN electronic bridges, which strengthen its offering with potent trading technology and encourage innovation.
A competent broker is first and foremost a safe broker. Since FP Market is an Australian brokerage firm with its headquarters in Sydney, Australia, and ASIC regulation ensures trustworthy collaboration and strict adherence to regulations, these two factors together serve as additional confirmation of its safe trading environment. Additionally, FP Markets has expanded its proposal and created a corporation in European Cyprus, making it eligible for trading proposals within the EEA zone.
FP Markets: Is it a genuine ECN broker?
Another benefit of the FP Markets plan is the established ECN technology, which offers direct access to liquidity providers through Equinix NY4 Data Centers without dealer interference and executes orders at the best available price for the specific asset. With spreads starting at 0.0 pips and the fastest execution times available, this technology is now the best choice for you to take advantage of. You should check out fp markets review.
Pros and Cons of FP Markets
- The benefits of FP Markets include low pricing, a good trading proposal with a variety of platforms and an ECN trading environment, as well as excellent trading education.
- FP Markets is a very well broker with a good trading environment suitable for both novice and experienced traders.
- In addition, the broker is expanding, and we see positive changes in both the proposition and its global coverage; whilst FP Markets was formerly merely an Australian-based broker, it is now a genuinely global broker.
- On the other hand, spreads for stocks are higher, and some withdrawals come with an additional fee.
- It’s also a good idea to check the terms under the entity of FP Market’s you would trade in since they vary.
FP Markets’ global ranking
With our expert findings on FP Markets review, we consider the trading conditions to be quite good. FP Markets stands out for several reasons, including its low fees, availability of global exposure to all traders, and high-quality platforms.
Based on our evaluation and testing of over 500 brokers, our overall ranking is 9. See our ranking below in relation to other leading brokers in the industry.
Alternative Brokers at FP Markets
However, in addition to its fantastic offerings, there are some drawbacks, such as entity-specific instrument offerings and the somewhat higher fees associated with trading stocks as CFDs. Even though FP Markets’ spreads, training, and platform solutions are excellent, it is wise to consider other brokers as well. See our list of Alternative Brokers below:
- Trading 212 – Excellent for Cheap Trading
- Dukascopy – Outstanding for Trading Futures Interactive Brokers – Reliable for Trading Real Stocks
FP Markets established its credibility in the market, and it has received widespread recognition from authoritative publications and editions. Excellent customer service, favorable trading terms, and traders’ high appreciation for the company are all solid indicators of its reliability.
However, we observe that FP Markets keeps winning fresh accolades, which is a result of the broker’s devoted and customer-focused approach. Recently, FP Markets received awards for Outstanding Value CFD Provider, Best Global Forex Value Brokerage, Best Forex Partners Program in Asia, and Best Forex Broker Australia. It’s the best forex trading platform for beginners to start their trade.
Is FP Markets legit or a fraud?
Yes, it is safe to trade with FP Markets because it is a reputable Australian broker and operates in accordance with the well-known regulations of the Australian Securities and Investments Commission (ASIC). Click on the link to learn more about the benefits of trading with ASIC Brokers.
Additionally, Broker is expanding its current organization, which is also governed and set up in accordance with CySEC regulatory duties and compliance with the MiFID European directive.
Analysis of the reliability of FP Markets:
For years of high-quality, regulated service and a regulated environment in each of the regions it works, rated trust score is 8 out of 10. The sole distinction is that international commerce is made possible by the offshore entity.