FP Markets is an Australian contract for differences and forex trading broker headquartered in Sydney at Exchange House 10 Bridge in the adjoining building to the Australian Securities Exchange. FP Markets offers traders over 10,000 CFD products across Forex, Shares, Indices, Commodities and Cryptocurrencies. Trade on the World’s largest exchanges and take advantage of low commissions and tight raw spreads from 0.0 pips. FP Markets is your one-stop destination to trade CFDs across Forex, Shares, Indices, Commodities & Cryptocurrencies.
FP Markets Regulation
Established in 2005, FP Markets is a trusted global CFD and forex broker. In Australia we are regulated by the Australian Securities and Investments Commission (ASIC) while in Europe, our operations are regulated by the Cyprus Securities and Exchange Commission (CySEC). Being a registered company of the St. Vincent & the Grenadines makes us a truly global entity.
FP Markets Trading Accounts
Standard Account
- Minimum Opening Balance – $100 AUD or equivalent
- Spreads From 1.0 pips
- Instruments – 60+ FX pairs, metals, indices, commodities
- Maximum Leverage – 500:1
- Execution ECN-Pricing
- Commission per Lot Zero
- Minimum Trade Size 0.01 Lot
- EA’s – Yes
- Mobile App – Yes
- VPS Available – Yes
RAW Account
- Minimum Opening Balance – $100 AUD or equivalent
- Spreads From 0 pips
- Instruments – 60+ FX pairs, metals, indices, commodities
- Maximum Leverage – 500:1
- Execution ECN-Pricing
- Commission per Lot $3
- Minimum Trade Size 0.01 Lot
- EA’s – Yes
- Mobile App – Yes
- VPS Available – Yes
Difference Between Standard & Raw Accounts
Islamic Accounts
Also known as a swap-free accounts, Islamic accounts are ideally suited to muslim clients as they are in line with Islamic law in that they incur no swaps or interest charges on overnight positions. Instead, the account holder is charged an administration fee on positions which is deducted from the balance of the account.
Trading in Islam can be considered to be haram but it is still possible to trade if you find an Islamic Forex Account which provides swap-free trading and which has been designed for forex traders who cannot pay or receive swaps or rollover interest on overnight positions due to their religious beliefs, in line with Sharia Law.
Key Features of the FP Markets Islamic Account
- Zero interest/swap charges on selected pairs
- Similarly excellent trading conditions, services and features as FP Markets trading accounts; the only difference being the elimination of non-Shariah compliant interest charges
- Stable, secure and intuitive leading trading platforms with no re quotes, nor any hidden charges
- Fast execution under 40 milliseconds^
- Free and unlimited access to MetaTrader 4 and MetaTrader 5 trading platforms including WebTrader, and Android and iOS platforms
- Compatible with a variety of trading strategies including Scalping, Swing Trading and Day trading.
Steps to open an Islamic Forex Account:
- Open a MetaTrader 4 or MetaTrader 5 (MT4/MT5) trading account
- Email the account number to onboardingteam@fpmarkets.com and request for it to be converted to Islamic
- Wait for a confirmation from our Onboarding team
FP Markets Trading Platform
Metatrader 4 (MT4)
MetaTrader 4 (MT4) is the world’s most popular trading platform. The customisable interface and one click trading allow for a faultless trading experience. Trade the most popular currency pairs in forex (EUR/USD, GBP/USD, USD/JPY and USD/CHF) or choose from a range of other base currencies including the Australian Dollar (AUD). The trading platform incorporates advanced charting tools and allows traders using Expert Advisors (EAs) to take advantage of FP Market’s fast execution speed. A suite of automated trading options and up to date news on the global forex market are available to all trading account types including free demo accounts.
Metatrader 5 (MT5)
Those seeking a first-rate journey in trading forex, indices, metals and commodities should look no further than MetaTrader 5 (MT5). It is one of the most technologically advanced forex trading platforms and is ideal for experienced traders. With a wide range of technical analysis tools, users can customise the platform to suit their trading strategy or trading style. Forex traders can access MT5 on a range of devices and operating systems including Windows, WebTrader, Mac, iOS and Android.
Open a live account with minimal initial investment and gain access to 60+ currency pairs. FP Markets offers a unique financial service with traders able to call upon customer support and dedicated account managers around the clock. In the high risk world of foreign exchange, FP Markets is a forex broker with a wide range of account and platform options to help create the ideal trading environment for you.
Contacts
St. Vincent and the Grenadines
First Floor, First St. Vincent Bank Ltd Building,
James Street, Kingstown,
St. Vincent and the Grenadines
Email: supportteam@fpmarkets.com
