If you are a beginner looking for a platform to trade from, you may check out FP Markets. They offer multiple trading platforms and a low spread. They also offer good customer service, but some of their other features may disappoint you. This fpmarkets review will help you understand what you can expect from this broker. We’ll also discuss its withdrawal fee. FP Markets is worth checking out if you’re interested in trading in the Forex market.
FP Markets offers
FP Markets is likely to seem overwhelming if you’re a new trader. With a diverse selection of trading platforms, accounts, and educational resources, this broker offers many advantages over the competition. Below are a few of the benefits of trading with FP Markets. The wide range of account types allows traders to choose the right option for their trading style. You can also access different order types, attach stop loss, and take profit levels.
FP Markets offers several trading platforms, including MetaTrader and the Iress platform. The company offers multiple accounts, including standard, raw, interest-free, platinum, and demo. A demo account is available for new customers to help them learn the ropes. FP Markets has won 30 awards for excellence over the past 15 years. These include Best Customer Service, Best Trade Execution, and More awards.
It has a low spread
FP Markets offers a low spread with excellent value-added services, including VPS hosting for automated trading solutions and MT4 Myfxbook copy trading service. It also offers retail account management and a social trading platform. The company’s investment in social trading proves that it has a fluid approach to the best ecn broker management. The company also offers two-factor authentication for security. However, the broker’s reputation for reliability and security makes it difficult to recommend FP Markets without some research.
FP Markets offers two different account types, Standard and RAW. The Standard account has a 1.0-pip spread, while the RAW account has a fixed commission per lot. The exact charge per lot depends on the base currency. With a 0.5-pip spread, the lowest cost account is an ECN account. Traders can also sign up for an ECN account at FP Markets.
It has good customer service
FP Markets is known for offering excellent customer support. Its customer service is available round the clock through email and live chat and is multilingual. FP Markets also offers support in various regional languages, including Spanish, Latvian, Polish, and Filipino. The company offers 24-hour phone support as well. The customer support team supports clients in over 15 languages and tries to resolve any issue within a few hours.
FP Markets offers good customer service and a fast response time. The company provides help in various areas, including APIs, account closing, and leaving a bad review. They are located in Sydney, Australia, and offer two-factor authentication, secure funding, and payment options. They provide a detailed disclaimer on their website, which should be helpful in the event of any issues.
It charges a withdrawal fee
FP Markets is an Australian-based Forex and CFD broker. The company was founded in 2005 and is a member of 36 firms. The mother company is First Prudential Markets Ltd. It is registered in St. Vincent and the Grenadines under Limited Liability Number 126 LLC 2019. The Australian Securities and Investments Commission’s AFS license number is 286354. With this regulatory status, FP Markets is highly regarded and regulated by the Australian Securities and Investments Commission (ASIC).
Final Remarks
FP Markets charges a withdrawal fee of $30. Despite this, it is comparable to the fees of other brokers. Withdrawals are generally processed quickly. It is worth noting that withdrawals are processed within 48 hours. Despite this withdrawal fee, FP Markets offers a high level of support and customer service. The company has established centers in Europe, Asia, and Australia. Customer service is available Monday through Friday.
