FP Markets is a multi-asset brokerage firm that offers trading in forex, commodities, indices, shares, and cryptocurrencies. They are regulated by the Australian Securities and Investments Commission (ASIC) and the Cyprus Securities and Exchange Commission (CySEC).
One of the key strengths of FP Markets is their wide range of trading instruments. They offer over 10,000 instruments across multiple markets, which is one of the largest offerings in the industry. This allows traders to diversify their portfolio and access a wide range of markets.
The trading platform offered by FP Markets is the Meta Trader 4 (MT4) and Meta Trader 5 (MT5) platforms. These are widely used by traders and offer advanced charting, technical analysis tools, and automated trading capabilities. The platforms are also available as mobile apps for iOS and Android devices.
In terms of account types, FP Markets offers three main options: a standard account, a professional account, and an institutional account. The standard account requires a minimum deposit of $100 and offers a maximum leverage of 1:500.
The professional account requires a minimum deposit of $2,000 and offers a maximum leverage of 1:500. The institutional account is tailored to meet the specific needs of professional traders and funds and offers bespoke solutions.
FP Markets also offers a range of educational resources, including webinars, eBooks, and video tutorials. These resources are designed to help traders of all levels improve their knowledge and skills.
In terms of customer service, FP Markets offers 24/5 support via phone, email, and live chat. They also have a dedicated support team for institutional clients. Overall, the customer service team is knowledgeable and responsive.
In terms of safety and security, FP Markets is a regulated broker and holds client funds in segregated accounts. They also use SSL encryption to protect client information.
In conclusion, FP Markets is a reputable and well-established broker that offers a wide range of trading instruments, advanced trading platforms, and a range of educational resources. They also have excellent customer service and a strong emphasis on safety and security. They may be a good option for traders looking for a multi-asset brokerage firm with a wide range of markets to trade.