This broker is actually better than I expected. The spreads average at 0 pips for most parts of the day when trading with EURUSD currency pair.
Been hearing a lot about them, but I never really gave them a try because their commissions are quite higher than my current broker.
Sign up and see what they are about, also look at reviews online and see what you think about them.
Compared to other ecn brokers out there, FP Markets is suitable for me when I scalp because I do not have to face spread widening issues, and the commission cost is transparent to the clients.
I am not sure about the first time usage of the concept, but I am happy to make sure in the work of the mentioned type.
Want to know about a broker? The best way would be to demo trade with it. Instead of waiting for the reviews by fellow traders, how about you do your own research or even better, scroll through the FAQ segment. That’s where all your queries and doubts will be answered. Hard to believe, but till the time you practically trade with the broker on your own, you really won’t know whether the spreads, commissions, indicators, or tools offered suit you or not.
I don’t have anything to say against FP markets because they have been a good broker for many traders over time including me. Be it the spreads, commissions, or the trading platforms, everything is quite good. If you are actually considering using it, first create your demo account with them before you move any further.
I don’t see anything bad about using FP markets as long as you are looking for low forex fees, easy and fast account opening, and quick deposits and withdrawals. The spreads are workable and I like to use its MT4. So far, my experience has been really good with it.
FP Markets is a regulated broker and the spreads and overall trading conditions also seems alright. Try their demo account first if you want.