FP Markets Account Types
As stated earlier, in terms of Forex, FP Markets offers two types of accounts. The most economical is the standard account, which requires a minimum deposit of only AUD / EUR / USD100. For that money, traders will obtain spreads from 1 pip and a maximum leverage of 1: 500.
The ECN unprocessed account offers spreads from 0 pips, a maximum leverage of 1: 500 equally generous and the same STP commercial execution. To open such an account, operators must deposit at least AUD 1,000.
A Demo account is also available on the MT4 platform.
On the CFD front, the account situation is a bit more crowded. Three types of accounts are offered here, starting with the Professional, which requires a deposit of $ 1,000. This type of account is riddled with all kinds of charges, most of which are exempt, however, as long as the merchant reaches certain monthly commission goals. However, commissions and margin rates are decent.
For better commissions and margins, operators can use the Platinum account, which requires a deposit of $ 25,000.
The Premier account is the first level account version. It has all the rates mentioned exempt by default. Aimed at professional operators, this type of account is free of brokerage charges and platform fees.
FP Markets Support
The easiest way to contact FP Markets support is through the live chat feature, which can be accessed with a click from the home page. Apart from that, there are two telephone numbers available: 1300 376 233 for Australians and +61 (0) 2 8252 6800 for non-Australian residents. The Chinese branch of the operation also offers an email address: firstname.lastname@example.org.
FPmarkets.com is a serious commercial destination for retail and institutional players alike. Spreads are competitive, and for active traders, the various additional rates are not a problem either. Licensed and regulated by ASIC, FP Markets has existed for 14 years.
Please note that certain products and / or multiplier levels may not be available to traders in EEA countries due to legal restrictions.