- Tier 1 Regulated
- Founded in 2012
- Crypto Deposits/Withdrawals
- Tested with Live Account
Live Spreads: Competitive with market leaders
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FP Markets User reviews
(38
)
)
Ranked 18 out of 814 (Forex Brokers)
This rating is based on 34 reviews by users that proved they are real customers of this company. All reviews undergo significant human and technical moderation. Companies that get 30+ reviews by verified reviewers are scored only on their ratings by verified reviewers and get a green checkmark by their rating.
FP Markets Overall rating
Ranked 24 out of 814 (Forex Brokers)
Overall rating is derived from an aggregate of ratings in multiple categories.
| Rating | Weight | |
| User Rating |
4.4 (38 reviews)
 |
3 |
| Popularity |
3.0
|
3 |
| Regulation |
5.0
|
2 |
| Pricing rating |
4.5
|
1 |
| Features |
Not rated
|
1 |
| Customer Support |
Not rated
|
1 |
Regulation: Tier-1 Regulated
| Company | Licenses & Regulations | Segregated Client Money | Deposit Compensation Scheme | Negative Balance Protection | Rebates | Max. Leverage Retail Clients |
|---|---|---|---|---|---|---|
| First Prudential Markets PTY Ltd |
|
 |
|
Professional Clients Only
|
30 : 1 | |
| First Prudential Markets Ltd |
|
up to €20,000
|
|
|
30 : 1 | |
|
FP Markets LLC
Saint Vincent and the Grenadines |
|
|
|
|
|
500 : 1 |
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Available Assets: Search all tradable instruments
{{SymbolSearch}}Deposits/Withdrawals: Methods and Fees
| Method | Processing Time | Fees | Available Currencies |
|---|---|---|---|
| Bank Wire | 3-5 business days | $0* | AUD, USD, GBP, EUR |
| Credit/Debit Cards | Instant | $0 | AUD, USD, GBP, EUR, SGD, JPY, NZD, CAD, PLN |
| Neteller | Instant | Subject to Neteller's fees | AUD, USD, GBP, EUR, SGD |
| Paypal | Within 24 business hours | $0 | AUD, USD, GBP, EUR |
| Skrill | Within 24 business hours | Subject to Skrill's fees | USD, EUR, GBP, CAD |
| Astro | Instant | $0 | USD + Most local currencies |
Swap Rates: Competitive with industry leaders
Swap Rate: Long Position
Swap Rate: Short Position
Swap Rate Calculation Method
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Trading Platforms: MT4, MT5, TradingView, Proprietary
| Platform | Device Compatibility | Automated Trading | Programming Language |
|---|---|---|---|
| Proprietary | Desktop, Mobile, Web | No | - |
| MetaTrader 4 | Desktop, Mobile, Web | Yes | MQL4 |
| MetaTrader 5 | Desktop, Mobile, Web | Yes | MQL5 |
| TradingView | Desktop, Mobile, Web | Yes | Pine Script |
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Leverage: Up to 500:1 via Vanatau & Cayman Islands Entities
Vantage Markets offers varying leverage levels depending on the regulatory framework and the type of instrument. Under the UK FCA and AU ASIC regulations, the maximum leverage for retail clients is 30:1. However, for clients under the Vanuatu VFSC and Cayman Islands CIMA regulations, the maximum leverage can go up to 500:1.
Leverage allows traders to control larger positions with a smaller amount of capital, potentially increasing both profits and losses. It is essential to understand the risks associated with high leverage and use it judiciously.
FP Markets Profile
| Company Name | First Prudential Markets Pty Ltd / First Prudential Markets LLC |
| Categories | Forex Brokers, Forex Rebates |
| Primary Category | Forex Brokers |
| Year Founded | 2005 |
| Headquarters | Australia |
| Office Locations | Australia |
| Account Currency | AUD, CAD, CHF, EUR, GBP, JPY, PLN, SGD, USD, ZAR, HKD, BRL, MXN |
| Support Languages | Arabic, Chinese, English, French, German, Greek, Indonesian, Italian, Korean, Malay, Polish, Portuguese, Russian, Spanish, Thai, Vietnamese, Czech |
| Funding Methods | Bank Wire, Bitcoin, BPAY, Broker to Broker, Credit/Debit Card, FasaPay, Giropay, Neteller, PayPal, Perfect Money, POLi, Skrill, Sofort, TrustPay, Local Bank Transfer, Ethereum, NganLuong.vn, Rapid Transfer, Tether (USDT), PayRetailers, DragonPay, Ripple, Crypto wallets, PayTrust88, PSP, Plusdebit / MOMO QR code, Plusdebit / QR Code, Thuderxpay, Apple Pay, Googlepay, Pay Retailers , XPAY, Rupee Payments, Virtual Pay |
| Financial Instruments | Forex, Shares, Indices, Bonds, Cryptocurrencies, Metals, ETFs, Soft Commodities (coffee, sugar...) |
24 hour support
Segregated Accounts
Islamic Accounts
Accepts Canadian clients
Accepts Japanese Clients
Non expiring demo
Trading API
Cent accounts
Negative balance protection
Social trading
Regulatory deposit insurance
Trailing stops
Bonuses
Interest on margin
Fixed spread
Variable spread
- Tier 1 Regulated
- Founded in 2012
- Crypto Deposits/Withdrawals
- Tested with Live Account
We tested IC Markets using real-money live accounts. Our reviews do not have any bias for or against any broker and are driven purely on the underlying data we compile from live account testing, regulatory data, and opinions from customers. We list all brokers and do not charge a fee for it. Read our About Us page to read our editorial guidelines and how we make money.
FP Markets User reviews
(38
)
)
Ranked 18 out of 814 (Forex Brokers)
This rating is based on 34 reviews by users that proved they are real customers of this company. All reviews undergo significant human and technical moderation. Companies that get 30+ reviews by verified reviewers are scored only on their ratings by verified reviewers and get a green checkmark by their rating.
Newer user ratings have greater impact than older ratings and user ratings have no impact after 5+ years old. The more reviews a company receives, the higher the maximum possible aggregate user rating. After 100 reviews a company can receive the highest rating, which is an average of their user ratings.
Filter reviews:
73.68%
15.79%
0.00%
2.63%
7.89%
0%
Account Types:
Sort:
We display the reviews we reject as spam or vote fraud. Not all rejected reviews are displayed, for example reviews advertising a website or service.
FP Markets Cashback rebates
Cash back rebates are paid per round turn lot unless otherwise specified. 1 Lot = 100,000 base currency units traded.
| Standard | Raw | |
| Forex | 0.30 Pips | 25.00% Of Commissions Paid |
| Metals | 0.30 Pips | 25.00% Of Commissions Paid |
| Payment Options |
Monthly Cash Back
Spread Reduction
|
Monthly Cash Back
Commission reduction
|
| Standard | |
| Forex | 0.30 Pips |
| Metals | 0.30 Pips |
| Payment Options |
Monthly Cash Back
Spread Reduction
|
| Raw | |
| Forex | 25.00% Of Commissions Paid |
| Metals | 25.00% Of Commissions Paid |
| Payment Options |
Monthly Cash Back
Commission reduction
|
Notes
25.00% Of Commissions Paid is based on account currency:
Applications are not accepted from U.S, Japan, Belgium or New Zealand residents.
Rebates are:
$1.75 AUD, CAD, SGD, $1.50 USD, €1.375 EUR, £1.125 GBP, $10 HKD, ¥125 JPY, R$7.50 BRL, $27 MXN, R27 ZAR, ₣1.50 CHF, zł6.10 PLN.
New ASIC regulated accounts are only eligible for rebates by Professional clients.Applications are not accepted from U.S, Japan, Belgium or New Zealand residents.
Rebates are:
- not paid for accounts registered with CySEC entity
- converted to USD upon trade close
What are FP Markets rebates?
FP Markets rebates are a portion of the transaction cost that is paid back to the client on each trade, resulting in a lower spread and improved win ratio. For example, if your rebate is 1 pip and the spread is 3 pips, then your net spread is only 2 pips.
Many traders initially believe there must be higher costs elsewhere to compensate, however they soon find there is no catch and Forex rebates truly reduce the costs of the transaction and improve their bottom line.
Many traders initially believe there must be higher costs elsewhere to compensate, however they soon find there is no catch and Forex rebates truly reduce the costs of the transaction and improve their bottom line.
How do FP Markets rebates work?
When you link a new or existing forex trading account to us the broker pays us part of their spread or commission profit for every trade you make as compensation for referring a customer to them. We then share the majority of our revenue with you, paying you a cash rebate for each trade you make as thank you for signing up with us.Unlike some of our competitors your spreads will never increase as a result of using our service! The only difference is: as our client you earn extra cash per trade, making trading through us more profitable than opening direct with the broker. Founded in 2007, we are the original and leading provider of forex rebates. We pay rebates to over 100,000 accounts and traders love our helpful 24 hour live chat, telephone and email support.
How much FP Markets rebates can I earn?
Use our forex rebate calculator to estimate your FP Markets rebate earnings:
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FP Markets Regulation / Money Protection
| Company | Licenses & Regulations | Segregated Client Money | Deposit Compensation Scheme | Negative Balance Protection | Rebates | Max. Leverage Retail Clients |
|---|---|---|---|---|---|---|
| First Prudential Markets PTY Ltd |
|
|
|
Professional Clients Only
|
30 : 1 | |
| First Prudential Markets Ltd |
|
up to €20,000
|
|
|
30 : 1 | |
|
FP Markets LLC
Saint Vincent and the Grenadines |
|
|
|
|
|
500 : 1 |
FP Markets Symbols
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