![]() ![]() With that said, however, FP Markets also makes it clear that platform fees will be waived once a trader generates more than AU$ 150 in commissions or makes a minimum of 15 trades per month.įollowing regulatory changes in Australia in 2021, the broker’s Australian-regulated entity is now only able to offer leverage of up to 1:30. This is certainly on the high end for a retail trading platform, and it is worth mentioning that some other brokers will offer the same capabilities at lower prices. Unfortunately, the IRESS platform costs AU$ 55 per month plus AU$ 22 per month for the data feed from the Australian Securities Exchange (ASX). Further, the broker also offers trading in CFDs on cryptocurrencies like Bitcoin, Ripple (XRP), Bitcoin Cash, Litecoin, and Ethereum, against both USD and AUD.įP Markets also offers a wider selection of trading platforms than many other forex brokers do, having both the MetaTrader 4 and 5 in web and desktop versions, as well as the advanced IRESS trading platform that runs directly in the trader’s browser window. In addition to this vast selection of stock CFDs, FP Markets also offers CFDs on more than 500 exchange traded funds (ETFs), 60 popular forex pairs, stock indices, precious metals, energies and other commodities. This applies to CFDs on individual shares in particular, where the broker offers more than 10,000 stocks to choose from, covering nearly all major Australian, European, Asian, and American companies. The main benefit of trading with FP Markets is the enormous selection of trading instruments that the broker provides access to. The broker’s long history, as well as its ASIC and ESMA regulation, means that FP Markets should be considered a reliable broker that is as safe to trade with as any of the other big names in the industry. Since December 2019, FP Markets has also started to operate in the EU (regulated by CySEC) and in Saint Vincent and the Grenadines (no regulation). Ltd.) is an Australian-registered and regulated forex & CFD broker that has been operating in the market since 2005. Comprehensive reviewįP Markets (officially First Prudential Markets Pty. Indice and Commodity Futures, Stock and ETF СFDs are available on the IRESS platform. 60+ Currency Pairsīased on major and minor world currencies.īased on Bitcoin, Bitcoin Cash, Ethereum, Litecoin, Ripple.īased on baskets of different blue-chip stocks.īased on Crude Oil (WTI), Heating Oil, Gasoline and Natural Gas.īased on Wheat, Soybean, Soybean Oil, Soybean Meal, Corn, Oats, Lean Hogs, Cattle Feeder, Live Cattle.īased on shares of AU, US, UK, EU and Asian companies.īased on exchange-traded funds containing various tradable assets. Own copy/social trading portal provided for the clients.įorex broker offers the following underlying assets for trading.Thousands of stocks and hundreds of ETFs available for trading.Authorised and regulated by credible government agencies in separate jurisdictions.AvailabilityįP Markets group accepts clients from all over the world, excluding USA, Belgium, Japan, New Zealand and some other countries where restrictions apply. Unfortunately, AU company also has been imposed with trading leverage limitations by ASIC since the end of March 2021.Īt the same time, SVG company accepts European and Australian traders, so one can open a trading account there. FP Markets group includes 3 related companies.įP Markets AU - located in Australia, regulated by the Australian Securities and Investments Commission (ASIC).įP Markets CY - located in Cyprus, regulated by the Cyprus Securities and Exchange Commission (CySEC).įP Markets SVG - legally registered entity located in Saint Vincent and the Grenadines, but not regulated by any government agency.īe aware, CY company has some trading restrictions because of the European Securities and Markets Authority (ESMA) influence.
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