FP Markets Review 2024
50% Deposit Bonus
4.5
Trust Score
$50
Deposit
10 000
Instruments
1.1 pips
Spread
FP Markets Review 2024
50% Deposit Bonus
4.6
Trust Score
$100
Deposit
10 000
Instruments
1.1 Pips
Spread
FP Markets Review 2024
50% Deposit Bonus
4.6
Trust Score
$100
Deposit
10 000
Instruments
1.1 Pips
Spread
IC Markets Review 2024
Trust Score : 4.6
Min. Deposit : $100
Spread : 1.1 pips
Instruments : 10 000
50% Deposit Bonus
FP Markets Overvi
Fx Empire : Our take on FP Markets
Forex Brokers : First Paragraph
FP Markets is a trusted CFD broker that’s been around since 2005. It’s licensed by top financial regulators, including ASIC in Australia and CySEC in Europe, which gives traders peace of mind when it comes to safety and reliability.
Based in Sydney, FP Markets offers access to thousands of CFDs across forex, stocks, indices, commodities, ETFs, bonds, and cryptocurrencies. You can trade using popular platforms like MetaTrader 4, MetaTrader 5, cTrader, TradingView, Iress, and Mottai, depending on your trading style.
The broker is known for offering tight spreads, especially on crypto and indices. It also provides quality market analysis tools from Trading Central and Autochartist. For traders who rely on speed, FP Markets supports VPS hosting for fast, low-latency execution—great for automated and algorithmic trading.
If you’re new to trading, FP Markets has educational tools and a helpful support team to get you started. With low trading fees, fast execution, and strong platform choices, it’s a solid pick for day traders, scalpers, and anyone looking for a low-cost forex and CFD broker.
FP Markets is a smart choice if you want low-cost forex and CFD trading. The MetaTrader, cTrader, and TradingView platforms give you a smooth and reliable trading experience. Just keep in mind, while the Iress platform has over 10,000 assets, it’s focused on share trading and comes with higher fees.
MetaTrader and cTrader users will get the best value here. These platforms offer strong performance at a lower cost. The broker’s research and learning materials are more limited compared to the top brokers, but the overall trading setup is still very competitive.
FP Markets Pros & Con
Fx Empire
Forex Brokers
Broker Chooser
Pros:
- Low forex fees
- Competitive spreads
- Easy and fast account opening and funding
- VPS Hosting
- Copy trading via Myfxbook
- Comprehensive educational content
- Excellent range of instruments
- Reliable chat support
- Personal Account Managers
- Direct Market Access (DMA) via Iress platform
- Great education tools
- Autochartist, Trading Central
Cons:
- Offshore entity is unregulated
- Limited product portfolio
- Some withdrawal options are not free
- Lacks a proprietary web platform
- Outdated web and desktop platform
FP Markets Summary
Forex Brokers
Overall
Trust
Investing
Fees
Platform
Research
Mobile
Education
Who is FP Markets for?
Fx Empire : Who is Broker for?
When we review a broker, we look at how well it supports different trading strategies. This means checking if the broker offers the right tools and features traders need. Here’s what we found for FP Markets:
Beginner – Perfect Match
FP Markets gives new traders a strong start with helpful educational tools, a free demo account, and access to several platforms, including the user-friendly TradingView web platform. If you’re just getting started, you can find trade ideas in the Traders Hub research section and use trading signals from Autochartist to guide your decisions.
News Trading – Acceptable Choice
FP Markets keeps traders updated with a constant stream of market news and expert analysis through the Traders Hub section on their website. You can also get real-time news from Dow Jones and Reuters directly on the TradingView platform, helping you stay informed while you trade.
Scalping – Perfect Match
Scalpers – traders who open and close positions in seconds – can take advantage of FP Markets’ ultra-fast order execution, with speeds averaging just 29 milliseconds. With VPS hosting, your trading stays online 24/7, so you’re never disconnected during key market moves. MetaTrader and cTrader both include depth-of-market (DOM) tools, letting you see how much volume is sitting at each price level. This gives insight into possible support and resistance zones. The Raw Spreads account also helps scalpers keep trading costs low.
Investing – Not Recommended
FP Markets doesn’t offer key investment options like real stocks, ETFs, mutual funds, or managed portfolios. It also provides very few research tools for long-term investors who want to grow their money steadily over time.
Automated Trading – Perfect Match
FP Markets gives traders access to MetaTrader and cTrader platforms. These platforms support automated trading and let you test your strategies before using real money. You also get VPS hosting, which helps your trades run faster and keeps them safe from internet or power issues.
Swing Trading – Acceptable Choice
FP Markets lets you trade a wide range of CFDs, which works well for swing trading strategies. From my testing, their overnight swap fees are about average compared to other brokers. Keep in mind, though, they don’t offer real shares or ETFs.
Day Trading – Perfect Match
MetaTrader, cTrader, and TradingView all support one-click trading and allow you to trade directly from the chart. These tools are must-haves for active traders who make quick decisions during the day. The spreads on major forex pairs are very competitive, which helps traders get to profit faster. Autochartist signals also offer useful insights that day traders can rely on.
Copy Trading – Perfect Match
FP Markets provides multiple ways to copy trade. On MT4, you can automatically copy trades from MetaTrader signal providers. With Myfxbook AutoTrade, you get access to a broader range of strategies that you can copy directly into your MT4 account. Copy trading is also supported on the cTrader copy platform, giving you more flexibility.
What Sets FP Markets Apart?
Fx Empire : What sets FP Markets Apart?
Broker Chooser : Why choose Broker?
FP Markets is a well-rounded broker that keeps trading costs low without compromising on quality. It stands out with a strong choice of trading platforms, dependable customer support, and top-notch research resources. Fast order execution combined with ECN pricing—where prices come directly from liquidity providers—offers an excellent trading environment for active and algorithmic traders.
As an Australian CFD and forex broker regulated by ASIC, FP Markets ensures a secure trading experience. Low forex fees and quick, easy account opening and deposits help you get started fast. The broker offers useful educational tools, including demo accounts and e-books.
FP Markets focuses on forex and CFDs and provides a broad range of assets for traders. Trade Wiki rated FP Markets 4.2 out of 5 after reviewing over 600 factors and testing with a live account.
FP Markets Main Features
Fx Empire : Broker Main Feautures
Regulations
FSA (Seychelles), FSCM (Mauritius), FSCA (South Africa), ASIC (Australia), CMA (Kenya), CySEC (Cyprus)
Languages
English, Russian, French, Indonesian, Dutch, Portuguese, Thai, Polish, Arabic, Hungarian, Bulgarian, Italian, Spanish, Chinese, Japanese, Greek, Vietnamese, German, Korean, Bahasa
Products
Currencies, Stocks, ETFs, Crypto, Bonds, Indices, Commodities
Min Deposit
$100
Max Leverage
1:500 (FSA), 1:500 (FSCM), 1:400 (FSCA), 1:30 (ASIC), 1:500 (CMA), 1:30 (CySEC)
Trading Desk Type
Market Maker
Trading Platforms
MT5, cTrader, IRESS, MT4, Mottai, TradingView
Deposit Options
PayPal, Wire Transfer, Skrill, Neteller, Credit Card, Bpay, Broker to Broker, Debit Card, PayID
Withdrawal Options
Wire Transfer, Neteller, Skrill, PayPal, Paytrust, Online Pay, Debit Card
Demo Account
Yes
Foundation Year
2005
Headquarters
Australia
Start Trading With FP Markets
FP Markets Full Review
FP Markets Safety
TradingView
Fx Empire :
Forex Brokers :
Broker Chooser : Safety
Pros:
- €20,000 investor protection under CySEC
- Negative balance protection
Cons:
- No investor protection under ASIC
- Does not hold a banking license
Fx Empire :
Forex Brokers :
Broker Chooser : Safety, first paragraph
FP Markets is a trusted broker with a strong reputation. It’s regulated by top-tier authorities, including the Australian Securities and Investments Commission (ASIC), and operates under EU regulations through the MiFID passport system. These high-level licenses mean FP Markets follows strict rules to protect traders.
The broker is not publicly traded and doesn’t operate as a bank, but it still offers a secure environment for trading. Across its six global entities, FP Markets applies important safety measures like negative balance protection and the use of segregated client funds. If you’re trading under the EU-based CySEC regulation, you’re also covered by investor compensation schemes.
FP Markets has been active for over 20 years and stays transparent with its operations. While protection levels can vary depending on your location and the entity you register with, the broker’s long-standing track record and strong regulatory backing make it a solid choice for both new and experienced traders.
FP Markets Regulation
Fx Empire : Broker Regulators
Forex Brokers :
Broker Chooser :
We looked at the licenses and regulations of every FP Markets entity. This helps us understand how much protection each one gives to its clients. We use a three-tier rating system, where Tier-1 means the strongest and most trusted regulators.
Here’s what we found about FP Markets’ different entities:
First Prudential Markets PTY Ltd is licensed by the Australian Securities and Investments Commission (ASIC). ASIC is a Tier-1 regulator, known for strict oversight and strong trader protection.
First Prudential Markets Ltd is licensed by the Cyprus Securities and Exchange Commission (CySEC). CySEC is also a Tier-1 regulator, offering strong safeguards for traders in Europe.
FP Markets (Pty) Ltd is licensed by the Financial Sector Conduct Authority (FSCA) in South Africa. FSCA is rated as a Tier-2 regulator, offering moderate protection.
FP Markets Ltd is licensed by the Financial Services Commission (FSC) in Mauritius. The FSC is considered a Tier-3 regulator, which means lower regulatory standards.
FP Markets Limited is licensed by the Capital Markets Authority (CMA) in Kenya. CMA ranks as a Tier-2 regulator, offering some level of oversight.
First Prudential Markets Limited is regulated by the Financial Services Authority (FSA) in Seychelles (License Number SD130). Seychelles FSA is a Tier-3 regulator, meaning basic protection.
FP Markets LLC is registered in St. Vincent & the Grenadines under its FSA, but we consider this entity unregulated, as there is no active oversight.
Fx Empire : Broker Regulators
Forex Brokers :
Broker Chooser :
Understanding the Regulatory Protections of Your Account
Fx Empire : Understanding the regulatory Protections of your account
Forex Brokers :
Broker Chooser :
Brokers run different legal entities to serve traders around the world. But the level of protection you get depends on where the entity is based. Some regulators have strict rules. Others are more relaxed. It’s important to check what kind of protection the specific entity offers before opening an account.
- Compensation scheme. If something goes wrong and the broker can’t meet its financial obligations, a compensation scheme may cover retail clients. FP Markets offers this protection only for clients under its EU entity.
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Negative balance protection. FP Markets ensures that you can’t lose more than what’s in your trading account. If the market moves against you, your losses are capped. This matters most during big market swings.
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Maximum leverage. Leverage limits how much market exposure you can take. Higher leverage means more profit potential, but also more risk. FP Markets’ offshore entities offer leverage up to 1:500.
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Segregation of client funds. All FP Markets entities keep client money in separate bank accounts from the broker’s own company funds. This helps protect your money and reduces the risk of errors.
How you are protected
Fx Empire :
Forex Brokers :
Broker Chooser : How are you protected – First paragraph + Table
FP Markets runs multiple legal entities to serve clients in different countries. This is important because the level of protection you get depends on which entity you sign up with. Each one follows different rules based on its local regulator. Some offer stronger safeguards than others, so it’s worth checking what kind of protection comes with your chosen account.
Stability and Transparency
Fx Empire : Stability and Transparecy
Forex Brokers :
Broker Chooser :
In our Trust category review, we focus on how stable and transparent the broker is. This includes how long it’s been in business, how big it is, and how open it is with important information.
FP Markets started in 2005, which makes it one of the more established CFD brokers. The company is based in Sydney, Australia, and shows between 201 and 500 staff members on LinkedIn.
In our review, FP Markets did well in terms of regulatory transparency. You can find all details clearly explained on their Regulation page.
The broker also lists its spreads and commissions openly on the Forex Spreads page. If you’re looking for trading terms, you’ll find them in the Legal Documents section.
Overall, our research shows that FP Markets is a trusted and stable broker, based on these key points:
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Regulated by top-tier financial authorities
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Over 20 years of trading history
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Client funds kept in separate accounts
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Negative balance protection offered
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Transparent across all major areas
Is FP Markets safe?
Fx Empire : Is Broker Safe to Trade With?
Forex Brokers : Is FP Markets safe? + Table
Broker Chooser :
In our Trust category review, we focus on how stable and transparent the broker is. This includes how long it’s been in business, how big it is, and how open it is with important information.
FP Markets started in 2005, which makes it one of the more established CFD brokers. The company is based in Sydney, Australia, and shows between 201 and 500 staff members on LinkedIn.
In our review, FP Markets did well in terms of regulatory transparency. You can find all details clearly explained on their Regulation page.
The broker also lists its spreads and commissions openly on the Forex Spreads page. If you’re looking for trading terms, you’ll find them in the Legal Documents section.
Overall, our research shows that FP Markets is a trusted and stable broker, based on these key points:
Regulated by top-tier financial authorities
Over 20 years of trading history
Client funds kept in separate accounts
Negative balance protection offered
Transparent across all major areas
FP Markets Fees
TradingView
Fx Empire :
Forex Brokers :
Broker Chooser : Fees – Pros and Cons
Pros:
- Low non-trading fees
- Low trading fees
- Low forex fees
Cons:
- High fee for international bank withdrawals
Fx Empire : Fees – Summary
Forex Brokers : Broker Fees – Intro paragraph
Broker Chooser : First paragraph
FP Markets stands out when it comes to trading fees. Their spreads are better than average across all asset types. If you use the Standard Account, all trading costs are included in the spread – except for share CFDs, where a small commission applies.
For even lower costs, the Raw Spreads account gives you access to some of the tightest spreads available.
FP Markets also keeps it simple with no fees for deposits, withdrawals, or inactivity.
Fx Empire :
Forex Brokers : Broker fees – Everything after the intro paragraph + Table
Broker Chooser :
FP Markets stands out when it comes to trading fees. Their spreads are better than average across all asset types. If you use the Standard Account, all trading costs are included in the spread – except for share CFDs, where a small commission applies.
For even lower costs, the Raw Spreads account gives you access to some of the tightest spreads available.
FP Markets also keeps it simple with no fees for deposits, withdrawals, or inactivity.
FP Markets Spreads
Keep same just change Broker Name
Get spreads from actual broker if possible or just use FX Empire
Forex Spreads
Metal Spreads
CFD Indices Spreads
CFD Commodities Spreads
Cryptocurrency Spreads
FP Markets Commissions
Fx Empire : Broker Trading fees
Forex Brokers :
Broker Chooser :
FP Markets also charges a commission when you trade share CFDs using the MT5 platform. This applies to both Standard and Raw accounts, on top of the spread.
FP Markets Swap Fees
Fx Empire : Broker Swap Fees
Forex Brokers :
Broker Chooser :
The table below shows the Swap Long (the cost or credit for holding a buy position overnight) and the Swap Short (the cost or credit for holding a sell position overnight) for one standard contract.
One standard contract equals 100,000 units of the base currency, which is the first currency listed in a forex pair.
The swap values shown apply to one full contract (100,000 base currency units).
Get all swap fees from broker or just use Fx Empire
FP Markets Non-Trading Fees
Fx Empire : Broker Non-Trading Fees
Forex Brokers :
Broker Chooser : No inactivity fee, no withdrawal fee
FP Markets does not charge any account or inactivity fees for its main platforms. The only exception is the IRESS Trader platform, which has a monthly fee of AUD 55. This fee is waived if you generate at least AUD 200 in trading commissions each month or maintain a balance of AUD 50,000 or more.
Are FP Markets Fees Competitive?
Fx Empire : Are Broker Fees Competitive?
Forex Brokers :
Broker Chooser :
Yes. FP Markets stands out for its low-cost trading, especially on its ECN account through MetaTrader and cTrader. The broker offers tight spreads and low commission fees, making it one of the most affordable options for active traders around the world.
FP Markets also keeps trading costs low with:
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Spreads that are better than the industry average on most assets
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No fees for opening or maintaining an account
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No inactivity fees
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No deposit or withdrawal charges
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Swap fees that are in line with the market average
FP Markets Deposit and Withdrawals
TradingView
Fx Empire : Deposit and Withdrawal – Summary
Forex Brokers :
Broker Chooser : Deposit and Withdrawal – First paragraph + Pros and Cons
Pros:
- Credit/Debit card available
- No deposit fee
- Several account base currencies
Cons:
- Some withdrawal options are not free
FP Markets gives traders many ways to deposit and withdraw funds, including bank transfers, credit and debit cards, digital wallets, and other online payment systems. Most deposits and withdrawals are processed quickly, with no extra charges. In some cases, FP Markets even covers bank fees for international transfers.
FP Markets Account Base Currencies
Fx Empire :
Forex Brokers :
Broker Chooser : Account base currencies + Table
At FP Markets, you can choose from the following 12 base currencies:
Fx Empire :
Forex Brokers :
Broker Chooser : Account base currencies under table
FP Markets has one of the best base currency selections compared to other brokers. Why does this matter? Two key reasons. First, if you deposit money in the same currency as your bank account, you avoid currency conversion fees. Second, if you trade in the same currency as your account’s base currency, you skip extra charges on every trade.
An easy way to avoid these fees is by opening a multi-currency account with a digital bank. These banks let you hold, send, and receive money in different currencies. They usually offer low exchange rates and cheap or even free international transfers. Most accounts take just a few minutes to set up on your phone.
Deposit Fees and Options
Fx Empire :
Forex Brokers :
Broker Chooser : Deposit fees and options
FP Markets gives you a few different ways to fund your trading account. In most cases, there are no deposit fees, but sometimes fees may apply depending on which platform you use and the payment method you choose. This is similar to what other top forex brokers offer.
It’s good to check the specific fees for your chosen platform and funding method before making a deposit. That way, you can avoid any surprises and make sure you’re getting the most out of your money.
Fx Empire : Broker Deposit Methods – table
Forex Brokers :
Broker Chooser :
Fx Empire :
Forex Brokers :
Broker Chooser : Broker electronic wallets – table.
FP Markets supports the following electronic wallets:
FP Markets Withdrawal Fees and Options
Fx Empire : Broker Withdrawal Methods – paragraph
Forex Brokers :
Broker Chooser : Broker withdrawal fees and options
FP Markets does charge a withdrawal fee in some cases, but not for domestic bank transfers or credit card withdrawals. You can withdraw funds using bank transfers, credit cards, or electronic wallets. Most of the same e-wallets used for deposits are also supported for withdrawals, with the exception of PoliPay, PaySec, and BPay.
For both deposits and withdrawals, FP Markets offers a good range of payment methods. The processing times are fast, and in many cases, there are no fees. FP Markets doesn’t charge fees for deposits or withdrawals, but your payment provider might. Always check with your provider to avoid surprises.
Fx Empire : Broker Withdrawal Methods – Table
Forex Brokers :
Broker Chooser :
How long does FP Markets withdrawal take?
Fx Empire :
Forex Brokers :
Broker Chooser : Below Withdrawal fees table.
FP Markets does charge a withdrawal fee in some cases, but not for domestic bank transfers or credit card withdrawals. You can withdraw funds using bank transfers, credit cards, or electronic wallets. Most of the same e-wallets used for deposits are also supported for withdrawals, with the exception of PoliPay, PaySec, and BPay.
For both deposits and withdrawals, FP Markets offers a good range of payment methods. The processing times are fast, and in many cases, there are no fees. FP Markets doesn’t charge fees for deposits or withdrawals, but your payment provider might. Always check with your provider to avoid surprises.
How do you withdraw money from FP Markets?
Fx Empire :
Forex Brokers :
Broker Chooser : Below Withdrawal fees table.
FP Markets does charge a withdrawal fee in some cases, but not for domestic bank transfers or credit card withdrawals. You can withdraw funds using bank transfers, credit cards, or electronic wallets. Most of the same e-wallets used for deposits are also supported for withdrawals, with the exception of PoliPay, PaySec, and BPay.
For both deposits and withdrawals, FP Markets offers a good range of payment methods. The processing times are fast, and in many cases, there are no fees. FP Markets doesn’t charge fees for deposits or withdrawals, but your payment provider might. Always check with your provider to avoid surprises.
FP Markets Trading Platforms and Tools
Fx Empire : Platform and Tools – Summary
Forex Brokers : Trading Platforms – Everything
Broker Chooser :
FP Markets offers the Iress platform suite for share trading, while MetaTrader, cTrader, and TradingView are the main platforms for forex and CFD trading. It supports Autochartist plugin integration and FX Blue add-ons through its Trader Toolbox, making it a strong choice for MetaTrader users.
- Platforms overview: FP Markets provides the full MetaTrader suite – MetaTrader 4 (MT4) and MetaTrader 5 (MT5) – along with cTrader by Spotware. Recently, it added the popular TradingView platform, available for RAW account holders. For share trading, there are three web-based Iress platforms: Iress Trader, Iress Investor, and Iress ViewPoint. MetaTrader is the preferred platform for forex traders, while Iress ViewPoint suits share traders better.
- Copy trading: FP Markets has its own social copy trading platform and offers access to the MetaTrader signals market. With Myfxbook support, FP Markets is a solid option for social copy trading.
- Charting: The Iress ViewPoint platform uses TradingView for charting, featuring a clean watchlist and almost 100 technical indicators. However, forex quotes and news were harder to find on Iress. Overall, MetaTrader remains the better choice for forex charting at FP Markets.
Fx Empire : Platform and Tools – Table
Forex Brokers :
Broker Chooser :
MetaTrader 4 Desktop
MetaTrader 4 Desktop
Fx Empire :
Forex Brokers :
Broker Chooser : Desktop platform – pros and cons
Pros:
- Clear fee report
- Price alerts
- Good customizability (for charts, workspace)
Cons:
- Search function could be improved
- No two-step (safer) login
- Poor design
Fx Empire : Metatrader 4 Desktop
Forex Brokers :
Broker Chooser : Maybe read
FP Markets offers MetaTrader 4 for desktop users. It includes key features like automated trading, making it a solid choice for all kinds of traders.
MetaTrader 4 is available in 39 different languages, including Arabic and Vietnamese. It’s packed with useful tools to help traders stay on top of the markets:
Key Features
Alerts: Get notified when a trading instrument hits a set price.
Watchlists: Build a list of your favorite assets and track them in real time from the market watch panel.
One-Click Trading: Place trades instantly with a single click. There’s no second confirmation, which saves time—great for fast-paced trading.
Trade from Charts: You can place orders directly from the chart view, giving you more control and speed.
MetaTrader 4 desktop has the same layout and functions as the web version. It supports the same order types, including Trailing Stop, and lets you run fee and portfolio reports. You also get search tools to find assets fast.
One big difference with the desktop version is alerts and notifications. You can set mobile push alerts or email notifications when certain conditions are met. To set this up, go to ‘Tools’ > ‘Options’, then enter your email address and MetaQuotes ID (found in your MT4 mobile app settings).
This makes the MT4 desktop version ideal if you want advanced trading tools and real-time alerts built right into your screen.
Charts
MetaTrader 4 Charts
Fx Empire : Metatrader 4 Desktop
Forex Brokers :
Broker Chooser :
MT4 charting features are strong and easy to use. They include:
- 30 Technical Indicators: These cover popular tools like trend indicators, volume tools, and oscillators to help spot market direction and entry points.
- 23 Analytical Objects: These tools let traders draw lines, channels, and use Gann and Fibonacci levels for technical analysis.
- 9 Time Frames: Choose from nine time frames, starting from one minute up to one month. This gives flexibility for both short-term and long-term trading.
- 3 Chart Types: MT4 supports bar charts, candlestick charts, and line charts, making it easier to read price movement.
MetaTrader 4 is also known for its automated trading tools. Traders can build, test, and run Expert Advisors (EAs), which are programs that trade based on set rules and algorithms. MT4 is one of the most advanced and widely used platforms in the world, but the interface can feel outdated. It may take a bit of time to learn how everything works.
Orders
MetaTrader 4 Orders
Fx Empire : Metatrader 4 Desktop
Forex Brokers :
Broker Chooser :
MetaTrader also performs well when it comes to available order types. The platform supports:
Market Order: Used to buy or sell a trading instrument instantly at the best current price.
Limit Order: Used to buy or sell at a specific price or better. It helps traders get in or out at targeted price levels.
Stop Loss Order: Automatically triggers a buy or sell when price hits a chosen level. It’s mainly used to protect against big losses.
Trailing Stop Order: This works like a stop-loss, but it moves with the market. It stays a set distance away from the price, locking in profits as the market moves in the trader’s favor.
These order types give traders more control and help manage both entry and risk.
Mt4 WebTrader
MetaTrader 4 WebTrader
Fx Empire : Metatrader 4 Desktop
Forex Brokers :
Broker Chooser :
- One-Click Trading: Execute trades quickly and efficiently with just a single click.
- Trading from the Chart: Enjoy the flexibility of trading directly from your charts, making it easier to act on market movements.
- Watchlists with Real-Time Quotes: Keep track of your favorite instruments and monitor live quotes effortlessly.
- Trade History: Easily access your past trades to analyze performance and refine your strategies.
- Advanced Charting: Benefit from 30 technical indicators that enhance your technical analysis and decision-making.
- Copy Trading and Automated Trading: Take advantage of copy trading to follow successful traders or automate your strategies for greater efficiency.
With these features, FP Markets provides a robust trading experience through its Web Trader platform, making it a solid choice if you’re searching for a Forex broker that stands out among the best in the industry.
MT4 Mobile App
Insert Mobile Trading Apps Forex Brokers
MetaTrader 4 App
Fx Empire :
Forex Brokers :
Broker Chooser : Mobile app – Pros and cons – Should stay the same.
Pros:
- Good search function
- User-friendly
- Price alerts
Cons:
- No two-step (safer) login
Fx Empire : MetaTrader 4 Mobile App – Paragraph
Forex Brokers :
Broker Chooser :
FP Markets offers the MetaTrader 4 mobile app for both Android and iOS. The app supports core features like one-click trading, price alerts, and the ability to trade directly from charts.
Traders can place all the standard order types, including market, pending, and stop orders. Trailing stop-loss orders are managed through the desktop version.
The MT4 app runs in the device’s system language, so changing the app’s language means changing the language settings of the phone itself.
While the interface is more functional than modern, the MT4 mobile app delivers a wide set of tools for trading on the go.
Fx Empire :
Forex Brokers :
Broker Chooser : Mobile app – From : Look and feel until Alerts and notifications.
Look and Feel
FP Markets has a great mobile trading platform, we really liked its design and user-friendliness. You will easily find all the features
Login and security
FP Markets provides only a one-step login for its mobile platform. A two-step authentication would be more secure and adding this feature should be high on any company’s list of security changes.
As an added safety feature, the broker provides a static pin made upon creation that you can use when logging in and there is fingerprint authentication for the app.
You can log in using biometric authentication, which is a convenient feature.
Search functions
The search functions are good.
You can search by typing the name of the product or by navigating the category folders.
Placing orders
You can use the following order types on the mobile trading platform:
- Market
- Limit
- Stop
There are also order time limits you can use:
- Good ’til canceled (GTC)
- Good ’til time (GTT)
Alerts and notifications
You cannot set alerts and notifications on the FP Markets mobile platform.
However, you can set up mobile push notifications on the desktop trading platform. It would be much easier if you could set these notifications on the mobile app itself.
Our analysts personally tested FP Markets’s mobile trading platform; read the FP Markets mobile app review for a detailed verdict on its performance and features.
Fx Empire : Metatrader 4 : My Key Takeaways
Forex Brokers :
Broker Chooser :
MetaTrader 4: Key Takeaways
MetaTrader 4 is one of the most widely used forex trading platforms worldwide. It’s the go-to option offered by many brokers and is trusted by millions of traders.
The platform is known for its strong performance and flexibility. It supports one-click trading, chart-based order execution, and custom alerts. Users can also place a full range of order types, including market and pending orders.
MT4 stands out on desktop with powerful tools for advanced users. It supports the use of Expert Advisors (EAs), which allow for automated trading and backtesting strategies.
Its interface is simple and focused on functionality, making it reliable for traders who value speed, precision, and custom setups.
TradingView
TradingView
Fx Empire : Tradingview ( Should stay the same just change broker name. )
Forex Brokers :
Broker Chooser :
Pros:
- Powerful Charting Tools for Technical Analysis
- Built-In Social Trading Community
- Cloud-Based Access Across All Devices
Cons:
- Limited Broker Integration for Direct Trading
- Full Features Require a Paid Subscription
FP Markets offers clients seamless integration with the feature-rich TradingView platform, accessible both through the TradingView.com website and its desktop application. This versatile platform delivers a comprehensive trading experience tailored for beginner to intermediate forex traders, especially in South Africa.
Key features of TradingView with FP Markets include:
Highly customizable charts: Access over 100 technical indicators and 50 drawing tools to perform detailed market analysis tailored to your trading strategy.
Vibrant trader community: Engage with millions of traders worldwide through the ideas stream, sharing insights and inspiration that enhance decision-making.
Extensive order types: Benefit from advanced order options such as market, limit, stop-loss, and trailing stop-loss orders, along with time-in-force settings like Good-Til-Canceled (GTC) for flexible trade management.
Powerful trading tools: Utilize screeners for shares and forex pairs, interactive heatmaps, and cloud-based alerts to identify trading opportunities efficiently.
Integrated news feeds: Stay updated with real-time market news from reliable sources like Reuters and Dow Jones directly within the platform.
TradingView uniquely combines robust functionality with an intuitive, user-friendly interface. This balance makes it an ideal choice for traders at all experience levels seeking an authoritative and reliable forex trading platform.
cTrader
cTrader
Fx Empire : cTrader – Should stay the same just change the broker name.
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Pros:
- User-friendly
- Good search function
- Price alerts
Cons:
- No two-step (safer) login
cTrader is a modern, intuitive trading platform designed to serve the needs of day traders, scalpers, and advanced algorithmic traders. Built to replicate an institutional trading environment, cTrader offers professional-grade tools and features that elevate your forex trading experience, especially for traders seeking precision and speed.
Key features of cTrader include:
Depth of Market (DoM) with Level 2 liquidity: View real-time liquidity from multiple providers to better understand market depth and price levels.
One-click and chart trading: Execute trades instantly with single clicks or directly from interactive charts for maximum efficiency.
Price alerts and market sentiment: Set customizable price alerts and access aggregated market sentiment data, showing the percentage of traders who are long or short across all cTrader brokers.
Comprehensive order types: Use market, limit, stop loss, stop limit, and trailing stop orders with flexible time-in-force options such as Good ‘Til Cancel (GTC) to tailor your trade management.
Robust charting tools: Analyze markets using 26 time frames, 4 different chart types, 76 technical indicators, and over 10 drawing tools available on the desktop platform.
Integrated news and economic calendar: Stay informed with up-to-date financial news and key economic events embedded within the platform.
Automated trading and backtesting: Develop, test, and deploy automated strategies using cBots—cTrader’s version of trading robots—offering functionality similar to MetaTrader’s Expert Advisors but within a sleek, modern interface.
cTrader combines advanced trading capabilities with a user-friendly design, providing a powerful alternative for forex traders who want institutional-level features without compromising ease of use.
Tradeable Instruments
cTrader
Fx Empire : Tradeable Instruments – Summary and paragraph under table
Forex Brokers : Range of Investments – Everything
Broker Chooser : Product Selection – Everything except the table
FP Markets offers over 10,000 CFDs across forex, commodities, indices, shares, bonds, and cryptocurrencies. Traders can access both spot and futures markets, giving them more flexibility. The range covers all major asset classes, with a strong focus on forex pairs and commodities.
The MetaTrader platforms provide access to around 130 instruments, while the Iress platform unlocks a much larger selection. This includes over 10,000 shares, 71 forex pairs, 4 metals, 12 indices, 5 cryptocurrencies, and 3 commodities.
Cryptocurrency trading is available through CFDs. Traders can speculate on crypto price movements without owning the actual asset. This allows for quick access and flexibility.
Fx Empire : Tradable Instruments – Table gets put into below thing.
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What are CFDs ?
Fx Empire : What are cfd’s?
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A Contract for Difference (CFD) is a type of trading agreement where the buyer earns from the difference between the current price of an asset and its price when the trade started. CFDs are popular in trading because they let people profit from price changes without needing to own the actual asset. This makes them similar to other derivatives like futures contracts, offering flexible ways to trade on markets such as forex, stocks, indices, and commodities.
Social Trading
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Broker Chooser : Social Trading
A Contract for Difference (CFD) is a type of trading agreement where the buyer earns from the difference between the current price of an asset and its price when the trade started. CFDs are popular in trading because they let people profit from price changes without needing to own the actual asset. This makes them similar to other derivatives like futures contracts, offering flexible ways to trade on markets such as forex, stocks, indices, and commodities.
FP Markets Instruments: Key Takeaways
Fx Empire : Broker Instruments: My Key Takeaways
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FP Markets offers a wide range of tradable instruments. Traders can access many currency pairs, indices, commodities, and shares. The platform also includes CFDs on bonds and ETFs, which are not always available on other brokers. Forex traders can trade both popular pairs like EUR/USD and less common pairs like USD/ZMW (Zambian Kwacha). This broad selection gives traders more flexibility and opportunities across global markets.
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FP Markets Leverage
cTrader
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What is CFD Leverage?
One of the main reasons traders are drawn to forex and CFD markets is the access to high leverage. Leverage means using borrowed funds to trade larger positions than the money available in the trading account.
For retail traders under ASIC regulation, the maximum leverage allowed is 1:30. This allows a $1,000 account to control up to $30,000 in market positions. It boosts trading power and opens the door to bigger opportunities in the market.
Leverage levels can vary depending on the asset. Forex CFDs usually offer the highest leverage, while crypto CFDs offer the lowest.
Account Opening with FP Markets
cTrader
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Broker Chooser : Account Opening – Pros and Cons
Pros:
- Fast
- Fully digital
- Low minimum deposit for forex accounts
Cons:
- High minimum balance for CFD/stock accounts
Fx Empire : Broker Account opening Process
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Broker Account opening Process
To open a CFD account with FP Markets’ Australian entity, new clients complete a simple digital application covering these key areas:
- Contact and Personal Details: Name, email, country of residence, birth date, phone number, physical address, nationality, and passport or driver’s license number.
- Employment Details: Employment status and job title.
- Account Details: Choice of trading platform, account type, and base currency.
- Trading Experience: Volume of forex and other market trades in the last 3 years.
- Market Knowledge Test: Questions to assess understanding of CFD trading.
The fully online process takes about 10–15 minutes, with same-day account approval.
What is the minimum deposit at FP Markets?
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Broker Chooser : What is the minimum deposit at Broker?
To open a CFD account with FP Markets’ Australian entity, new clients complete a simple digital application covering these key areas:
- Contact and Personal Details: Name, email, country of residence, birth date, phone number, physical address, nationality, and passport or driver’s license number.
- Employment Details: Employment status and job title.
- Account Details: Choice of trading platform, account type, and base currency.
- Trading Experience: Volume of forex and other market trades in the last 3 years.
- Market Knowledge Test: Questions to assess understanding of CFD trading.
The fully online process takes about 10–15 minutes, with same-day account approval.
FP Markets Account Types
Fx Empire : Broker Account Types and Their Benefits
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FP Markets offers two main trading platforms—MetaTrader and IRESS. Each platform comes with its own set of account types and fee structures. There are also account options based on ownership type.
For forex trading, the MetaTrader platform is recommended. For shares and CFDs, the IRESS platform is the best fit.
MetaTrader offers two account types:
Standard Account: Includes a wider spread and no commission
Raw Account: Offers tight spreads with a small commission per trade
The IRESS platform has three account types:
Standard
Platinum
Premier
Moving from Standard to Premier offers lower trading fees but requires a higher minimum deposit.
IRESS also includes three platform versions:
IRESS Investor: A basic platform for simple trading
IRESS Trader: A more advanced platform for active traders
IRESS ViewPoint: An advanced platform with an improved layout and tools
FP Markets also provides different account ownership options:
Individual: Owned by one person
Joint: Shared ownership between two or more people
Corporate: Owned by a company or legal entity
Trust/SMF: Owned by a trustee or self-managed fund
FP Markets Demo Account
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FP Markets offers free demo accounts through MT4, MT5, TradingView, and cTrader platforms. A demo account is ideal for beginners who want to learn how trading works without risking real money. It helps new traders practice strategies and explore the platform in a safe environment.
The demo account uses live market prices and closely simulates real trading conditions. It covers forex and CFDs on commodities, indices, and shares. Once a trader feels confident using the demo, switching to a live account is quick and simple.
FP Markets Islamic Account
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FP Markets offers a swap-free Islamic account designed to follow Sharia law principles. This account allows traders to trade without paying or earning overnight interest, meeting the needs of those seeking Sharia-compliant trading options.
FP Markets Restricted Countries
FP Markets accepts clients from most countries in the world, with the exceptions of Afghanistan, Cuba, Iraq, the Islamic Republic of Iran, Liberia, Libya, Myanmar, Palestine, the Russian Federation, Somalia, the Syrian Arab Republic, Sudan, Yemen, and the United States.
FP Markets Research
Fx Empire : Research
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FP Markets delivers strong market research through its Traders Hub, offering consistent and clear analysis. The content covers both fundamental and technical analysis and is mostly text-based, making it easy for beginners to follow. Traders can also access trusted tools like Autochartist and Trading Central directly from the client portal.
In-house analysts at FP Markets provide valuable insights into major events such as central bank decisions and global economic updates. These reports offer practical trading ideas and help users understand how news affects the markets. The coverage spans multiple asset classes, including cryptocurrencies. Technical analysis includes chart patterns and highlights key support and resistance levels.
Live account holders get access to Trading Central’s award-winning tools, blending automated data with expert analysis. Key features include:
Analyst Views: Delivers trade ideas, technical updates, and important price levels across forex, stocks, commodities, and indices.
Featured Ideas: Offers trade suggestions and market direction to help with decision-making.
Technical Insights: Scans markets for opportunities based on selected indicators, candlestick patterns, or oscillators.
FP Markets also provides free trading signals through Autochartist. This tool automatically finds key price levels and chart setups to help traders spot trends early. An economic calendar is available on the website to keep traders informed about upcoming news events.
FP Markets organizes its research under the Traders Hub, where users can explore both technical and fundamental analysis. Daily content is available in written format and through videos on the official YouTube channel. News headlines stream inside FP Markets’ MetaTrader platforms from respected sources like Citibank, Reuters, Commerzbank, and Rabobank.
The blog includes daily and weekly market reports, a technical analysis section, and regular updates on global economic trends. While most of the content is easy to find and well-structured, a few categories may include older posts or repeat material.
FP Markets Research: Key Takeaways
FP Markets offers a strong mix of both fundamental and technical analysis. Insights come from in-house analysts and are supported by trading tools from Autochartist and Trading Central. This gives traders reliable market updates and clear trade ideas, all in one place.
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FP Markets Education
Fx Empire : Education
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FP Markets offers a well-rounded educational section with a mix of text courses, video lessons, live webinars, and e-books. The content covers essential trading topics and includes more advanced material for growing traders. The FP Markets Academy includes lessons on core concepts like pips, margin, swaps, and spreads. It also explains order types, chart types, and introduces popular technical indicators such as MACD and RSI. Lessons are practical and easy to understand, with content available in both video and written formats.
The MT4 and MT5 tutorials are especially helpful for beginners. These videos guide users through platform basics like downloading and logging in, as well as advanced features such as VPS setup and enabling Expert Advisors (EAs) for automated trading.
FP Markets also offers educational podcasts, archived webinars, and a library of trading content through its YouTube channel and website. The resources are suitable for all experience levels and provide useful tools to support a trader’s learning journey.
FP Markets Research: Key Takeaways
FP Markets offers a complete and beginner-friendly education hub with easy-to-understand courses, videos, webinars, and tutorials that cover both basic and advanced trading topics — making it a strong learning platform for new and growing traders.
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Final Thoughts
Fx Empire : Bottom Line
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FP Markets has built a strong name in the competitive world of CFD trading over the past 20 years. Known for reliable service and excellent trading conditions, this Australian broker attracts traders who value low costs and fast execution.
Traders benefit from tight spreads, fast order execution via the NY4 server, advanced platforms, and competitive fees. These features are offered without compromising customer support or the quality of trading tools and research. The broker also offers a wide range of trading instruments, making it a versatile choice.
Independent test results show FP Markets performs well across multiple areas. This consistent performance reflects a strong commitment to both beginners and experienced traders.
With a solid foundation in place, FP Markets continues to grow as a top choice for CFD and forex traders around the world.
FP Markets offers some of the most competitive ECN pricing for forex traders, especially when using the MetaTrader platform. While MetaTrader 5 (MT5) supports 764 instruments, traders can access over 10,000 share trading options through the Iress platform.
The Iress platform is designed for serious traders and comes with extra tools. High-volume or high-balance traders can take full advantage of this advanced setup.
The MetaTrader experience at FP Markets is smooth and efficient. Traders also benefit from ongoing improvements in research and education. FP Markets earned top rankings in MetaTrader performance, Algo Trading, and low commissions in the 2025 Annual Awards, showing a steady commitment to quality service.
FP Markets FAQ
Fx Empire : Faq
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Is FP Markets safe?
FP Markets has a long operating history and is regulated by multiple Tier-1 authorities. I judge this well-established CFD broker to be relatively safe.
What is the minimum deposit for FP Markets?
The minimum deposit for both Standard and Raw accounts is AUD 100.
How do I deposit funds into an FP Markets account?
Australian clients can deposit funds via credit/debit cards, bank wire, BPAY, PayID, PayPal, Neteller, Skrill, and Broker to Broker.
Does FP Markets offer a raw spreads account?
Yes, FP Markets offers a commission-based raw spreads account.
Is FP Markets good for beginners?
FP Markets has solid educational materials, demo accounts, and reliable customer support, making it suitable for beginners.
Is FP Markets suitable for spread betting?
No, FP Markets does not offer spread betting.
Does FP Markets operate a bank?
No, FP Markets is a broker only.
What is FP Markets’ maximum leverage?
The maximum leverage for retail clients at the Australian entity is 1:30.
How do I withdraw money from FP Markets?
Australian clients can withdraw funds via credit/debit cards, bank wire, Neteller, Skrill, PayTrust, PayPal, and OnlinePay.
Is FP Markets suitable for scalping?
Yes, FP Markets offers one-click trading, fast order execution, and competitive spreads which are essential for scalpers.
Where is FP Markets based?
FP Markets headquarters are at 10 Bridge Street, Level 5, Sydney, NSW, 2000, Australia.
Which platforms does FP Markets offer?
Yes, FP Markets offers demo accounts via MetaTrader 4 and MetaTrader 5, cTrader and TradingView.
Does FP Markets offer a demo account?
Yes, FP Markets offers demo accounts via MetaTrader 4 and MetaTrader 5, cTrader and TradingView.
Is FP Markets suitable for automated trading?
Yes, FP Markets offers MetaTrader and cTrader platforms which can facilitate automated trading.
Is FP Markets suitable for hedging?
Yes, hedging is allowed at FP Markets.
Does FP Markets provide VPS?
Yes, VPS hosting is available.
Does FP Markets operate a bank?
No, FP Markets is a broker only.
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