FP Markets

About

FP Markets is owned and operated by First Prudential Markets Pty Ltd., which is licensed by the Australian Securities and Investment Commission (ASIC). ASIC offers clients a lot of protections against unethical brokers. First of all, it requires regulated brokerages to maintain capital holdings of at least AUD 1 million. Second, client funds must be kept segregated (separate) from the company’ s operating balance. Third, there are no restrictions on the leverage provided to retail clients.

Basic information

Minimal deposit: 100 USD

Leverage: 1:30

Platform: MT4, MT5

Spread from: 0,5

Pros

+ the modern MT5 platform is available to all clients

+ Swift trade executions made possible by modern technological solutions

+ mobile trading is supported

Cons

– limited payment options

– no trader academy and no tangible trader tools

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