Its been just 3 months trading with FP Markets and and the experience has been good so far, i worry less about their reliability because they are regulated by ASIC and also hold an CYSEC(EU) license.
I’m currently trading with their Raw account, the spreads are pretty tight the whole day and withdrawals have been pretty quick as well.
Trading with FP Markets has been overall a good experience , I’m trading with them Live for the last 7 months now and have not faced any issues like server freezing or spread widening.
FP Markets are in the business for over 15 years regulated by ASIC and they make sure to maintain a professional standards, they have a very good customer support team and process. I will definitely recommend them.
I’m a beginner in Forex Trading and have decided to trade with FP Markets because of their tight spreads as mentioned on reviews.
Anyone who is currently trading with FP Markets Raw Spread account for long term? Any feedback on your experience, does the spread remain consistent throughout sessions?
I’m looking to move my trading account from my current broker as the spreads are very wide. I want to open an account with a ECN broker.
I’ve shortlisted FP Markets, their spreads seem really competitive when compared with my previous brokers, their commission is also lower.
Any feedback from existing traders?
FP Markets is a good choice, I have been trading with them for a while now, their spreads are some of the tightest out there (at least in the major pairs- Averages 0 for most part of the day in EURUSD)
If you choose their Raw Spreads account, the commission charged per lot is 6$ per round lot, which is slightly cheaper than other similar ECN brokers.
I’m fairly new to trading and want to move from Demo to Live trading, so wanted to try with a small deposit.
Have shortlisted FP Markets, is the $100 minimum deposit option available for their ECN (Raw) account as well or is it only for the standard account?
Nobody writes about withdrawl-procedures? Has nobody made profits so far?
Thats a very important point, cause many brokers offer very good trading conditions, maybe also good support, and when you start to make profits they close your account due to a customers agreement (that every account-opener has to sign) which gives them the right tö " close anytime without special reason the customers account by sending an email notification".
Yes, you can get started with $100 deposit in both their Raw and Standard accounts. Better to consider their Raw account, as the spreads are much tighter there.
Yes thats good, but what about their pay-out morality? Making profits is not the problem, the problem is now for me to find a broker who makes no trubbles in money transfer matters- have you allready withdrawn money several times without problems?
It’s a good broker. I’ve been trading with it for nearly a year now, and so the experience has been good. The servers are smooth, and no issues during withdrawals or deposits.