Pros
  • Low forex fees
  • Easy and fast account opening
  • Quick deposit and withdrawal
Cons
  • High stock CFD fees
  • Limited product portfolio
  • Outdated web and desktop platform

Company Information

FP Markets has been serving its clients in more than 80 countries since 2005. In addition, it executes transactions valued at over $1 billion every day. FP Markets has over 10,000 tradable products, competitive spreads, and lightning-fast execution on your trades. Top regulatory bodies including the Australian Securities and Investment Commission and Cyprus Securities and Exchange Commission has approved the very broker. FP Markets has won over 35 awards, including the Best Global Forex Value Broker in 2019 and Australia’s Most Intelligent Solution Provider in Forex Trading in 2020.

Markets

While making a review on the very broker, we were astonished to find out the amount of the trading tools FP Markets offers, namely, over 10,000. You can also trade in the following markets:

● Forex
● Commodities
● Precious metals
● Indices

Trading accounts

FP Markets has a limited number of accounts, but they are customized to meet the needs of all the clients, as some of them from certain jurisdictions have access to two main accounts, both with an ECN execution policy. Others can also enjoy access to a series of specialized accounts that use the IRESS platform. So, here are the main account types the broker offers:

  • STANDARD
  • STANDARD (EU CLIENTS)
  • RAW
  • RAW (EU CLIENTS)
  • IRESS STANDARD
  • IRESS PLATINUM
  • IRESS PREMIER

Open an account

You can open an account with FP Markets within 5-10 minutes, as all you need to do is to follow the mentioned steps below.

  • Step 1: Fill in personal information (name, email address, phone number, and country of residence).
  • Step 2: Provide additional information (place of birth, passport number, nationality, address, and employment details).
  • Step 3: Choose a platform, account type, funding type, base currency, and password.
  • Step 4: Fill out a questionnaire regarding trading experience and knowledge.
  • Step 5: Upload proof of your identity and address, then add funds.
  • Step 6: Hit “Login to Portal” to start trading.
  • © FP Markets website screen

    Minimum deposit

    50 USD/EUR/GBP for EU and UK clients or AUD 100 or equivalent for international clients is the minimum deposit. This makes FP Markets one of the most accessible brokers on the market, as it offers different variants.

    Trading Platforms

    There are three main trading platforms and its variations. MT4 & MT5 (Metatrader 4, Metatrader 5, WebTrader and MT4/5 Fees & Charge. To ensure that we only recommend high-quality brokers, our expert reviewers have tried and tested each of the FP Markets trading platforms. When doing so, they considered a range of factors including how easy the platforms are to use, what features each trading platform offers, and how suited each platform is to different types of traders.

    Minimum deposit

    We have conducted careful research, so now we may conclude the following statements. To the advantages we may refer low forex fees, opening an account is a very easy process, quick deposit and withdrawal, and no commission while doing so. Speaking about the disadvantages, we may mention high stock CFD fees, limited product portfolio, and outdated web and desktop platforms. However, the main perk we believe is that this broker offers 10,000 trading tools so that you could select only the best for you. So, now you can decide, whether to use or not use this broker.

    4.5 rating
    Trader's Review
    • Customer Service
      Sending
    • Trade Experience
      Sending
    • Range of Offerings
      Sending
    • Security
      Sending
    4.75 (1 vote)
    Overall Trader's rating
    Subscribe
    Notify of
    guest
    12 Comments
    Inline Feedbacks
    View all comments
    Daniel Uche
    Daniel Uche
    September 18, 2020 4:33 pm

    I was recommended by a trader to use FPMarkets as my broker and I have no regrets. My experience with them has being very good. Their customer service is always excellent and I enjoy doing business with them.

    Michele Locatelli
    Michele Locatelli
    August 1, 2020 5:46 pm

    FPMarkets is a great broker. The spreads of most pairs are low and affordable for the current market conditions. I’d come across different other brokers. But, Blueberry Markets is one of the best ones out there. I’ve had my share of unregulated brokers, but FPMarkets is Regulated and has a friendly environment platform, and that’s the best part. For any of the new traders out there, I’d recommend FPMarkets because of all the benefits it gives to its clients. This brokerage firm is one of a kind. Damn I’d even like to meet the Founder of FPMarkets someday, XD

    Antonella Sabba
    Antonella Sabba
    July 6, 2020 2:11 pm

    Have no issue with deposit and withdrawal from them except their spread is rather high on trading pairs especially for Gold.

    Alfio Pappalardo
    Alfio Pappalardo
    June 26, 2020 5:10 am

    Been with them for a while now, always prompt to reply and have great customer service.

    Great spreads and their servers are very responsive. Could not ask for more!

    Angelo Quaglia
    Angelo Quaglia
    June 4, 2020 2:51 pm

    I think this is the best broker in this world.Anyone can trade with this broker. Because there deposit,withdrawls and support unbelivable. I can’t face any types of problem with this broker.And your money always safe with this broker.

    Andrea Merin
    Andrea Merin
    May 29, 2020 7:22 pm

    Very poor service for last 4 days. I do not know what have happened…Do anything to improve it!!!!

    CARLO SEVERI
    CARLO SEVERI
    May 17, 2020 11:24 pm

    I’ve tried many other brokers but this one is the very best to be honest. Very tight spreads are a joy to work with also

    Manuela Calamini
    Manuela Calamini
    April 6, 2020 6:25 am

    I have been with blueberry markets now around 18 months, in this time I have built up a good relationship with the ceo and Ben clay the accounts manager. Any issues I have ever had which are few are quickly resolved and emails are returned in less than 5 mins which is impressive. Withdrawals are lightning quick normally 24hrs or less . I highly recommend this company.

    Denilson moreta
    Denilson moreta
    March 11, 2020 3:03 pm

    Can not fault this company. From the moment I opened a live account the team were extremely personable & have attended to any queries or concerns swiftly. Spreads are competitive. It’s always difficult find a professional but personal service within the industry ensuring you don’t simply feel like another number. FPMarkets I feel does this very well.

    Rodica Oncescu
    Rodica Oncescu
    March 11, 2020 3:00 am

    Been using this broker for a while now and they are good.

    So far so good.

    Wide range of markets, tight spreads and fast withdrawals.

    All good rounder.

    Alioune Camara
    Alioune Camara
    February 21, 2020 4:32 pm

    The best customer service by far. Excellent spreads. This company was recommended to me by a friend. After further investigations I decided to join blueberry markets an was not disappointed

    Cesar Ibanez
    Cesar Ibanez
    February 7, 2020 11:01 am

    Have been using FPMarkets principally for automated Forex trading and must say that I am very happy so far! The customer service is awesome and has a nice friendly atmosphere. They provided me with a VPS in no time and have been able to work with it easily. FPMarkets is everything that I was looking for in a broker.