FP Markets is a popular and large Forex Broker operating professional trading experience for a quite long time since the broker was established in 2005 and ever since serves over 12,000 clients worldwide. One of the main strengths is that FP Markets uses ECN electronic bridges and enhance its proposal with powerful trading technology, also investing in its innovation.
Where is FP Markets based?
First of all, a good broker is a safe broker. The proof of its safe trading environment is also confirmed by necessary legislation obligation and sharp obligation, while FP Markets is an Australian brokerage company headquarters in Sydney, Australia while ASIC regulation ensures trustable cooperation as well as full compliance with guidelines. Moreover, quite recently FP Markets enlarged its proposal and opened European Cyprus entity thus eligible for trading proposal within EEA zone. Also, FP Markets (PTy) Ltd is now a Financial Services Provider authorised and regulated by the Financial Sector Conduct Authority in South Africa.
Is FP Markets a true ECN broker?
Another strong point of FP markets proposal is developed ECN technology that provides direct access to the liquidity providers without dealer intervention through Equinix NY4 Data Centers, and executes order through the best possible price within offering for the particular asset.
This technology currently is the leading solution that provides extremely fast execution speeds and the most favorable quotes with spreads from 0.0 pips allowing you to benefit from it.
FP Markets Pros and Cons
FP Markets is a well-regulated broker with good trading environment suitable for beginners and experienced traders too, the points to admit are low pricing, good trading proposal with selection of platforms and ECN trading environment also excellent trading education. Besides, Broker constantly growing and we see good development not only in the proposal but to its global coverage too, while before FP Markets was just an Australia-based broker, now its truly global one.
For the flip side Spreads for Stocks are higher, also some withdrawals add on commission, also is worth checking the conditions under the entity of FP AMrkets you would trade since they are different.
| Advantages | Disadvantages |
|---|---|
| Founded in Australia and Regulated by the ASIC | Trading Conditions or proposal may vary according to entity rules or regulations |
| Numerous industry awards and high rankings | Some withdrawal methods add on fee |
| Powerful trading technology and ECN environment | High Stocks trading Spread |
| Low Deposit Requirement | |
| Suitable for beginners and professionals | |
| Excellent education through Traders Hub | |
| Tight Spreads |