Forex Trading fpmarkets Broker Review

Performance Matrix

Main Score & Risk Matrix

N/A

Score

1.5

Very Poor

Our review desk considers this broker unsuitable for most traders until transparent licensing, stronger compliance evidence, and clearer client-fund protections are demonstrated.

License 1.7

Business 1.0

Risk Control 1.3

Software 2.0

Regulatory 1.5

Terminal Snapshot

fpmarkets Trading Conditions

Registered Region China

Operating Period 2-5 years

Minimum Deposit $100

Spread N/A

Licenses N/A

Contact Email N/A

Contact Number N/A

Website 72614708.89650.top

Balanced Review

Pros & Cons

Pros

Diverse range of trading instruments including forex, commodities, indices, and cryptocurrencies
User-friendly account types catering to beginners and experienced traders
Multiple trading platforms: MetaTrader 4 and MetaTrader 5
Availability of demo accounts for practice trading
Customer support through various channels including email, live chat, and telephone

Cons

Not regulated by any recognized financial authority
Lack of forex trading license
Limited range of trading instruments
Potential withdrawal fees and processing delays
Customer support availability during standard business hours only

Compliance Desk

Regulatory Licenses

0.0/10

No structured regulatory license cards have been configured yet.

Peer Benchmark

Broker Comparison

Feature	fpmarkets	CITIC Futures	HUA TAI	AvaTrade
Operating Period	2-5 years	See review	See review	See review
Region	China	See review	See review	See review
Minimum Deposit	$100	See review	See review	See review
Spread	N/A	See review	See review	See review
Trust Score	1.5/10	See review	See review	See review

Product Fit

Account Types

What Account Types and Fees Does fpmarkets Offer?

Account Type	Target User Group	Essential Characteristics	Applicability Notes
Retail Account	Beginners	User-friendly interface, suitable for small-capital trading	Ideal for novice traders looking to enter the forex market
Professional Account	Experienced Traders	Access to advanced trading tools, lower spreads	Requires trading volume qualifications
Corporate Account	Corporate Clients	Customizable services, dedicated support	Requires corporate documentation
Islamic Account	Traders seeking swap-free options	Complies with Sharia law	Available upon request
Demo Account	All Traders	Practice trading without risk	Suitable for testing strategies and learning

Account Opening Process

To open an account with fpmarkets, prospective traders must undergo a straightforward process that includes submitting personal, employment, and financial information. Identity verification is required, which typically involves providing an ID and proof of address. Additionally, there is flexibility in account types, allowing users to upgrade to a professional account as their trading experience and volume increase.

Trading Fees

Product	Spread (pips)	Commission	Notes
Forex (EUR/USD)	Varies	$0	Tight spreads for major pairs
CFDs (S&P 500)	Varies	$X per lot	Competitive pricing for indices
Cryptos (BTC/USD)	Varies	$X per lot	Fees may vary based on volatility

Other Fees

Traders should be aware of several other fees that may apply: deposit and withdrawal fees, inactivity fees, potential platform usage fees, overnight interest (swap rates), and currency conversion fees.

Editorial Verdict

Expert Verdict

R

Research Desk

Senior Broker Analyst

Our review desk considers this broker unsuitable for most traders until transparent licensing, stronger compliance evidence, and clearer client-fund protections are demonstrated.

Funding Desk

Deposit & Withdrawal Methods

No structured payment methods have been configured yet.

Trader Feedback

fpmarkets User Reviews

3.0

★ ★ ★ ★ ★

4 total reviews

5 star

4%

4 star

4%

3 star

4%

2 star

20%

1 star

60%

John Smith

New York, USA

★ ★ ★ ★ ★

I had a terrible experience with fpmarkets. I tried to withdraw my funds, and after several requests, they kept asking for more documentation. Eventually, they stopped responding altogether. I feel scammed and would not recommend this broker to anyone.

Emily Johnson

London, UK

★ ★ ★ ★ ★

fpmarkets has been great for me! The trading platforms are user-friendly, and I appreciate the variety of available instruments. My trades execute quickly, and I love the demo account feature for practicing new strategies. Overall, a solid choice for trading.

Michael Chen

Toronto, Canada

★ ★ ★ ★ ★

I was initially drawn to fpmarkets due to their competitive spreads, but my experience has been frustrating. I faced issues with customer support when I had questions about my account, and the withdrawal process has been anything but smooth. Quite disappointed.

Sarah Williams

Sydney, Australia

★ ★ ★ ★ ★

I have mixed feelings about fpmarkets. While I enjoy the flexibility of their trading platforms and the variety of instruments, I did encounter some delays with withdrawals. However, their customer support was helpful during my inquiries. Overall, I think it’s a decent broker.

China Market