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