FPMarkets Tradable Instruments & Markets.
Forex or FX, is a marketplace where two matched currencies are traded for one another – called a currency pair. Forex can fluctuate on the basis of one currency (e.g., British Pound GBP) becoming stronger or weaker in respect to another currency (e.g., United States Dollars USD). Forex trading involves trading on the basis of such fluctuation. Commission, interest, platform fees, dividends, variation margin and other fees and charges may apply to financial products or services available from FP Markets. The information in this website has been prepared without taking into account your personal objectives, financial situation or needs.
FPMarkets also has a keen interest in catering to Chinese traders, which is evident from its two branches in China. China is undoubtedly one of the most promising upcoming markets in retail Forex trading, and FPMarkets has indeed found success in the region. FPMarkets is on an expansion drive to cater its services to the global community of traders, and we do believe that its expertise and reputation can help the broker to find success at the international level. FPMarkets outlines the conflict of interest policy, its Direct Market Access trading approach, and all the risks that are associated with an FPMarkets account.
We are impressed that the company has not hidden any facts of Forex and CFD trading, which certainly helps in trusting the integrity of the broker. In this regard, FPMarkets is one of the best brokers in the market, where traders can access more than a staggering 10, financial instruments across various asset classes.
These shares also provide dividends, which makes FP Markets all the more attractive for long-term investors. In case you are looking for information on the financial instruments offered by FP Markets, we have compiled the following list for your reference:. Australia — , U. K — , U. FP Markets has indeed done an excellent job of offering more than 10, products from the global markets, but it could have added a few more equities to the mix, such as stocks from Europe, China, and other parts of Asia, Africa, and the Middle East.
Nevertheless, an FP Markets account should offer elaborate access to the global financial markets and exchanges as required by a majority of traders. The CFD protocol, also known as trading Contracts For Differences, is primarily a market maker that uses automated dealing desks to match orders internally or by hedging positions against other market players.
CFDs have a slight conflict of interest, as market makers can manipulate the markets according to the demand and supply. DMA trades are also relatively free of any conflict of interest, where order executions are faster and more accurate. Since FP Markets offers different financial products, there are a total of five different account types, each suited to a particular category of trader.
Both accounts are offered with a maximum FP Markets leverage of 1: The minimum trading volume starts from 0. FPMarkets spreads are very competitive, for both Standard and ECN Raw accounts, with the nominal spreads starting from just 1 pip without any commission for the regular market maker products. The commission is at par with the industry standards, especially since the commission is charged in Australian Dollars.
There are also other account and trading specific charges, which are outlined in detail in the accounts comparison page on their website. FP Markets accounts are designed to suit the requirements of different types of traders, and we believe there is an account package that suits everyone. Regardless, all other account features and specifications are fascinatingly competitive, which makes up for the slightly higher investment barrier.
Australia does not have any strict rules as far as promotional bonuses are concerned, unlike its EU counterparts, which helps traders in receiving a substantial bonus for their deposits. We support all our partners with advanced tracking analytics and state of the art marketing tools which are constantly updated to keep pace with the dynamic trading sector. Are you a blogger, digital marketer, education provider or website owner? Be rewarded through our Affiliate Program.
Affiliates have access to banners and landing pages to attract clients, while a selection of information resources helps you stand out in the competitive trading market. With some of the best commissions in the market, our affiliates can track their gains through the affiliates portal. Our comprehensive trading infrastructure gives affiliates access to state-of-the-art technology, easy account on-boarding and technologies to improve client trading and retention.
Members receive hour support from experienced staff, as well as access to landing pages, banners, videos and other resources designed to engage new clients. As hinted at above, FP Markets have a few products for corporate actors and money managers too. Through them, they can manage several clients on different trading accounts, setting individual stop losses and profit targets for each of the concerned accounts.
CFD trading is done through an IRESS platform, more precisely through the latest, Iresstrader iteration of the platform, which features cutting edge charting technology, and a surprisingly massive selection of analytic instruments. What we most liked though were the 59 technical indicators that are also included, together with no fewer than 50 drawing tools.
Technical analysis is indeed a pleasure to do on the Iress platform, especially when it results in due profits. In addition to all the above, traders can choose from a large selection of time frames, and they can fully personalize their charts. Templates can also be saved for later use. As far as the MT4 platform is concerned, there are no surprises here. As said above, Forex-wise, FP Markets offers two account types.
For that money, traders will get spreads starting from 1 pip, and maximum leverage of 1: To open such an account, traders are required to deposit at least AUD 1, On the CFD front, the account situation is a bit more crowded. This account type comes riddled with all sorts of fees, most of which are waived though, provided the trader hits certain monthly commission targets.
The commissions and margin rates are decent though.
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The standalone FPMarkets apps in the form of MT4 and MT5 apps are some of the most advanced and feature-rich mobile trading interfaces in the market, which makes trading a breeze. As far as retail traders are concerned, there are two main categories of products on offer: