FPMarkets' account types. Table of Contents

Comparison of the Accounts and Platforms Offered by FP Markets

Let’s delve into the details of the accounts and trading platforms offered by a leading broker in the industry.

FP Markets

FP Markets is considered by many to be a giant in the industry due to the unquestionable quality of the services it offers. Regulated by numerous supervisory bodies to ensure transparent and safe trading worldwide, FP Markets provides its customers with a host of advantages, cutting-edge tools, and trading conditions that are among the most favorable in the market.

In addition to transparency and security, the broker places a strong emphasis on a crucial aspect of online trading: impeccable customer support. Regardless of the regulation and the country in which it operates, FP Markets enables traders to benefit from customer support provided by a team of experts available 24 hours a day, 7 days a week. This is considered essential by many traders, both professionals and beginners, for facing the markets with informed confidence.

Ultra Low Spreads
The broker offers traders some of the lowest spreads available, allowing them to trade with spreads as low as 0.0 pips on a wide range of instruments.
Raw Pricing
High-level liquidity is guaranteed by suppliers listed in detail on the official website, and there is no price manipulation.
Lightning-Fast Order Execution
Thanks to the Equinix NY4 server cluster, every order is executed almost instantly. This is an essential feature for reacting promptly to sudden market changes.
No Restrictions
Trading without limitations. The broker allows traders to employ any strategy and method, including scalping and EA, without minimum distance requirements between the spread.
ECN Prices
Through an electronic system that electronically cross-references buy and sell orders, the broker offers executable price streaming, the ability to place virtual orders, and access to various liquidity providers. This results in low prices and excellent order execution.
DMA Prices
Direct market access enables clients to receive prices without intermediaries, providing deep liquidity and direct access to the stock market order book.

It’s important to note that trading conditions, available accounts, and platforms may vary based on the trader’s country of residence and the regulating authority.

FSA Regulated FP Markets CySEC Regulated FP Markets ASIC Regulated FP Markets
Available Accounts Standard Accounts – RAW Accounts Standard Accounts – RAW Accounts Standard Accounts – RAW Accounts – Iress Account
Platforms MT4 – MT5 – cTrader MT4 – MT5 MT4 – MT5 – Iress
List of CFD Instruments 70+ Forex pairs, 10,000 stocks, 19 global indices, commodities, bonds, metals, cryptocurrencies 60 Forex pairs, 650 stocks, 15 global indices, commodities, metals, cryptocurrencies, ETFs 60 Forex pairs, 10,000 stocks, 19 global indices, commodities, bonds, metals
Maximum Leverage 1:500 1:30 1:30
Spread Starting from 0.0 pips Starting from 0.0 pips Starting from 0.0 pips
Commissions Starting from scratch Starting from scratch Starting from scratch
Minimum Deposit $100 $100 $100
Margin Call 100% 100% 100%
Stop Out 50% 50% 50%

Visit the official FP Markets website

Standard MT4 – MT5 Accounts

Irrespective of regulation and the trader’s country of residence, this type of account is structured to be compatible with any trading style and level of experience. Both experienced and novice traders can engage in the markets using a wide range of technologically advanced tools and functions within a simple and fast trading environment, with trading conditions suitable for creating any type of strategy.

Features FSA Standard Account CySEC Standard Account ASIC Standard Account
Minimum Deposit $100 or equivalent currency $50 or equivalent currency $100 or equivalent currency
Available Platforms MT4 – MT5 MT4 – MT5 MT4 – MT5
Maximum Leverage 1:500 1:30 1:30
Minimum Trade Size (in lots) 0.01 lots 0.01 lots 0.01 lots
Trading Fees None None None
Available Instruments 70 Forex pairs, 10,000 stocks, 19 global indices, commodities, bonds, metals, cryptocurrencies 60 Forex pairs, 650 stocks, 15 global indices, commodities, metals, cryptocurrencies, ETFs 60 Forex pairs, 10,000 stocks, 19 global indices, commodities, bonds, metals
Spread Variable, starting from 1.0 pip Variable, starting from 1.0 pip Variable, starting from 1.0 pip
EA (Automatic Trading) Available Available Available
Mobile App Available Available Available
VPS Server Available Available Available
Margin Call 100% 100% 100%
Stop Out 50% 50% 50%
Pricing ECN ECN ECN
Deposit Fees None None None

Open a Standard Account with FP Markets

RAW Account

This account type is exclusively designed for professional traders, providing them with a high-performance trading environment. High-tech tools and features, along with favorable trading conditions (including spreads starting from zero), enable the development of precise strategies and efficient risk management. The RAW account is particularly suitable for traders with substantial investment volumes who require immediate order execution and access to essential information to optimize their trading abilities.

Features FSA RAW Account CySEC RAW Account ASIC RAW Account
Minimum Deposit $100 or equivalent currency $50 or equivalent currency $100 or equivalent currency
Available Platforms MT4 – MT5 MT4 – MT5 MT4 – MT5
Maximum Leverage 1:500 1:30 1:30
Minimum Trade Size (in lots) 0.01 lots 0.01 lots 0.01 lots
Trading Fees $3 per side $3 per side $3 per side
Available Instruments 70 Forex pairs, 10,000 stocks, 19 global indices, commodities, bonds, metals, cryptocurrencies 60 Forex pairs, 650 stocks, 15 global indices, commodities, metals, cryptocurrencies, ETFs 60 Forex pairs, 10,000 stocks, 19 global indices, commodities, bonds, metals
Spread Variable, starting from 0.0 pips Variable, starting from 0.0 pips Variable, starting from 0.0 pips
EA (Automatic Trading) Available Available Available
Mobile App Available Available Available
VPS Server Available Available Available
Margin Call 100% 100% 100%
Stop Out 50% 50% 50%
Prices ECN ECN ECN
Deposit Fees None None None

Open a RAW account with FP Markets

FP Markets Pro Account

The PRO account offered by the broker is available only to customers residing in Europe and was created to meet the demands of expert traders in the sector who require dedicated services and conditions for high-performance trading.

In addition to the wide range of features included, the account offers a maximum leverage of up to 1:500 for use on any instrument offered by the broker. To use maximum leverage, the client will be subject to restrictions regarding the maximum balance amount:

Leverage Maximum Balance (EUR or equivalent currency USD/GBP)
1:500 20,000 EUR (or equivalent currency)
1:400 50,000 EUR (or equivalent currency)
1:300 100,000 EUR (or equivalent currency)
1:200 200,000 EUR (or equivalent currency)
1:100 – 1:50 – 1:25 – 1:1 Zero restrictions

Open a PRO account with FP Markets

After requesting a PRO account, the customer will have to undergo tests to verify their suitability for the service offered. To qualify as a professional in the sector, the trader must:

  • Provide evidence of a high investment volume (starting from 1 lot), with an average frequency of at least ten operations per quarter.
  • Prove that their portfolio (including deposits made and financial instruments) exceeds EUR 500,000.
  • Provide valid documentation demonstrating at least one year of experience as a professional in the financial sector and the necessary expertise to operate with the tools offered.

Open a PRO account with FP Markets

It is important to clarify that restrictions will be applied to your account regarding protection and risk control. Consequently, the trader will have to better manage the risks to avoid significant losses, assuming that the professional has the knowledge and experience to deal with the markets skillfully:

  • The trader will receive less detailed information about the company and services offered.
  • Notifications regarding the risks and unreliability of a particular tool or service will be deactivated.
  • High-level order execution, with terms and conditions different from other account types.
  • The broker will not be required to promptly inform the client of any difficulties in executing orders.
  • The PRO account does not include compensation under the Investor Compensation Fund (ICF) among its services.
  • Financial guarantee contracts with possible transfers of ownership in the event of insolvency.
  • Traders who open a PRO account will not be able to use Negative Balance Protection (NBP).
  • The customer may choose to be reclassified as a “Standard” customer (and consequently automatically regain all security-related services and functions) at any time.

Open a PRO account with FP Markets

Interested traders can open a PRO account by following these simple steps:

Fill out the form.
The customer can open a new PRO account by accessing the dedicated page, completing and submitting the registration form to [email protected].
Proof of suitability.
The customer must prove their professional level by undergoing a verification test and providing the requested documentation. Once eligible, the support team will upgrade the applicant’s account to FP Markets Pro.

It’s important to note that this type of account is available on any platform offered by the broker (MT4 – MT5) in Europe. You will not need to download additional software to trade.

Open a PRO account with FP Markets

Iress Account

The Iress account is named after the platform of the same name and is available to customers under the jurisdiction of ASIC (Australia). While the account can be chosen by traders of any category, its characteristics make it particularly suitable for experienced clients with a high investment volume. The account is divided into two subcategories: retail and professional customers, allowing traders of any experience level to make the most of their operations.

Features Iress Retail Trader Account Iress Professional Trader Account
Minimum Balance $1,000 $1,000
Brokerage Rate (ASX) $6 minimum or 0.06% 0.05%, no minimum
Financing (ASX) FP Markets Rate +4.0% FP Markets Rate +3.0%
Iress ViewPoint Service $60, zero GLT commission if you generate $150 in commissions per month $60, zero GLT commission if you generate $150 in commissions per month
Essential Iress ViewPoint Free Free
ASX Live Data Fees $25 ASX, waived if you generate $50 in commissions per month $25 ASX, exempt if you generate $50 in commissions per month
ASX Non-real-time Data No cost No cost
Telephone Office No commission No commission
Order Execution Direct Market Access (DMA) available Direct Market Access (DMA) available
Max Leverage 1:20 1:20
CFD Instruments Available Stocks, Futures, Indices, Commodities, Forex Stocks, Futures, Indices, Commodities, Forex

In order to receive additional information on the commissions, tariffs, and any charges, customers can visit the official website and access the pages dedicated to costs. There, they will find detailed and transparent descriptions of the expenses, leverage options for each tool, and more.

Open an Iress account with FP Markets

How to open an FP Markets account

The registration process for opening an account remains unchanged. Regardless of the customer’s country of residence and the applicable regulations, they must provide the necessary information for registration and verify their identity to activate the account successfully. Traders can choose the account type that best suits their needs and begin investing by following these simple steps:

Phase one:
To get started, new customers should visit the official website and click on the “Open Real” button located at the top right of the page. On the new screen, traders must complete the registration form, providing their email address, name, surname, type of account (individual, joint, corporate), country of residence, gender, preferred language, nationality, telephone number, date and place of birth, address, postal code, tax code, and employment details.
Phase two:
In this step, customers need to select the desired account type and configure its parameters, choose the leverage, select the platform, etc.
Phase three:
To complete the registration successfully, customers must undergo a verification process to certify their real identity and country of origin. To proceed, they must submit a clear and colored double-sided photo of a valid identification document and a document certifying their country of residence, such as a recent gas or electricity bill or bank statement.
Last phase:
If the verification is successful, customers can make an initial deposit and start trading.

Open a real account with FP Markets

Available platforms

The available trading platforms vary based on the regulatory body and traders’ countries of residence. Although each platform offers an efficient and advantageous environment, there are differences that will be specified later. The platforms offered by the broker are as follows:

FP Markets FSA:
MT4 – MT5 – cTrader – Mobile App.
FP Markets CySEC:
MT4 – MT5 – Web Trader – Mobile App.
FP Markets ASIC:
MT4 – MT5 – Web Trader – Mobile App – Iress.

Visit the official FP Markets website

MT4

MetaTrader 4 (MT4) is one of the most efficient and widely used trading platforms in the world. It is available to all FP Markets customers regardless of their regulator and country of residence. The software offers an intuitive and user-friendly interface with advanced tools, technical indicators, real-time price charts, news updates, and features for automated trading. MT4 is designed to be compatible with any trading style and level of experience, allowing both novice and professional traders to utilize it to its full potential. The platform’s most appreciated feature is its complete customization, enabling customers to tailor the software to their specific needs.

  • Fully customizable: charts, technical indicators, interface colors, etc.
  • One-click trading for quick response to market fluctuations.
  • MarketWatch for real-time prices and 128-bit encrypted account security.
  • Support for automated trading with Expert Advisors (EA).
  • Notifications for major market news events.
  • Integration with the MQL4 community for sharing and discussions.
  • Compatibility with various devices and operating systems.
One-Click Trading:
This feature allows traders to execute orders directly from the charts with a single click, place limit and stop orders quickly, adjust take profit and stop loss levels, and set various trading signals rapidly.
Highly customizable charts:
MT4 offers three types of charts, nine time periods, and 24 analytical objects. Traders can adjust parameters to suit their preferences, customize layouts and chart indicators, manage signals effectively, and add custom indicators.
Versatility and intuitiveness:
The software enables users to save chart settings and indicator configurations, use multiple accounts, and trade in multiple markets simultaneously, even during significant market fluctuations.
Wide range of included indicators:
MT4 comes with over 60 pre-installed indicators that are free to use. Traders can also access a large selection of customizable indicators and regularly updated analyses and data through the MQL5 community.
Automated trading with Expert Advisors (EA):
Customers can have full control over their trading by using free or purchased Expert Advisors (EAs) or creating custom ones based on their needs.

Invest on the MT4 platform with FP Markets

MT5

MT5 is an upgraded version of MT4, offering a multi-asset platform that allows customers to trade a wide range of products in a highly structured environment with advanced features and continuously updated services. MT5 is recommended for professional traders who require high-performance software for precise technical analysis and accurate market research. It is intuitive and fully customizable, making it suitable for traders of all experience levels and trading styles, allowing them to leverage their knowledge and experience effectively.

  • Wide range of tradable instruments: forex, indices, commodities, stocks, and cryptocurrencies.
  • Competitive spreads and high leverage trading (varies by trader’s country of residence).
  • Extensive market depth and numerous technical indicators.
  • Six types of stop orders, including Buy Stop Limit and Sell Stop Limit.
  • Strategy testing for algorithmic trading and Expert Advisors (EA) before live deployment.
  • Alerts and notifications to stay updated.
  • Availability of forex and copy trading signals.
  • 21 time frames and 8 order types.
Excellent tools for technical analysis:
MT5 provides access to a wide range of technical indicators and tools crucial for precise technical analysis. With over 80 indicators, more than 40 analysis objects, and 100 charts featuring stock and currency prices, traders can create a fully customized interface.
Automated trading:
MT5 offers the ability to use Expert Advisors (EA) for automated trading. Customers can choose to use free EAs, create custom ones, or purchase them from the dedicated store. Additionally, traders can create customized trading robots and indicators using the MQL5 programming language.
Real-time information:
MT5 provides real-time news and market analyses to keep customers informed about macroeconomic news and publications. It includes an efficient economic calendar that allows traders to access essential information for well-informed trading decisions.
Effective risk management:
MT5 offers various tools for calculating and managing risks, such as pending orders, different types of stops, and the innovative Depth of Market (DOM) feature.
Device compatibility:
MT5 is compatible with various devices and operating systems, including desktop (Windows and Mac) and mobile (iOS and Android) devices.

Invest on the MT5 platform with FP Markets

cTrader

Known for its cutting-edge technology and user-friendly interface, the cTrader multi-asset platform provides a practical and straightforward environment with innovative and fully customizable tools and features. Customers can tailor the platform to their preferences and create a personalized trading experience that suits their style. While cTrader is suitable for traders of all levels, it is particularly well-suited for professional traders and high-volume investors.

  • Fast and efficient order execution for timely responses to market changes.
  • Smart Stop-Out feature for optimal risk management.
  • Various order types available, including market orders, Stop Order, Stop Loss, Limit Order, Take Profit, and order modifications and cancellations.
Types of charts and timeframes:
cTrader offers a wide range of fully customizable charts, allowing each trader to adapt the tool to their unique style. Chart options include Candlestick, Bars, HLC, Line, Heikin, Dots, Renko, and Tick. With multiple timeframes available, ranging from one minute to a month, traders can create detailed strategies based on their objectives. The platform supports split-screen functionality, enabling traders to manage multiple charts simultaneously, detach or attach additional charts, and interact on social media through ChartShots, which allows the sharing of up to 50 chart models across different versions of the software.
Economic calendar:
An economic calendar is a vital tool that provides essential information for trading decisions. Traders of all experience levels, including scalpers and day traders, use the economic calendar to gain insights. The broker’s economic calendar features a user-friendly structure, displaying detailed information about each instrument, including previous, consensus, and actual values for economic indicators, both primary and secondary. It also provides access to major global market news, allowing traders to make informed investment decisions.
  • The cTrader platform is available on the international FP Markets website (FSA regulated) for both Standard and Raw accounts.
  • It is compatible with various desktop and mobile devices, including Windows, Mac, iOS, and Android.

Invest on the cTrader platform with FP Markets

The Iress platform

Iress ViewPoint is an innovative web-based platform. Its framework combines cutting-edge tools and features, responsive design, and ease of use to enable high-performance access to over 130 available markets.

Considered by many as the future of online trading, the software features a fluid and intuitive interface, which includes the latest generation charts and constantly updated professional analysis tools. Although it was designed for purely professional trading, the platform has proven compatible with any level of experience given its extraordinary basic features. Below are the main features of the platform:

Technical indicators
An indispensable tool for accurately identifying possible investment opportunities, potential price fluctuations, and trend reversals.

  • The trader will be able to use 59 technical indicators, from the RSI to the Ichimoku clouds, to invest with extreme precision in markets around the world.
More than 50 drawing tools for charts.
  • A wide range of drawing tools and advanced features for creating custom charts. This allows you to carry out accurate technical analyses and identify imperceptible movements with extreme precision.
  • Ability to annotate the graphs in detail on the available time intervals.
Real-time quotes.
The software allows you to trade on over 10,000 instruments at any time, 24 hours a day, on a wide list of markets and draw useful information from constantly updated news and quotes, to invest effectively in forex, raw materials, metals, indices, and more.
Different time intervals.
Free access to a large list of time periods (from intraday to long term). The customer will be able to carry out precise market analyses using historical data, useful for identifying possible investment opportunities.
Compare the price performance of various assets.
The software is structured in such a way as to allow the customer to easily compare the selected instruments over multiple reference time periods, effectively analyze the actual strength of the link, and identify the price differences between the instruments.
Adaptability and precision.
Each customer will be able to customize their Iress ViewPoint Suite according to their needs and save the selected graphic models. This will allow you to react promptly and open positions at the right time, without having to change any parameters. The trader will only have to start the previously saved model, carefully study the price fluctuations, and make accurate decisions.

Invest on Iress ViewPoint

The Iress platform is available in three versions:

  1. Iress ViewPoint.
  2. Iress ViewPoint Essential.
  3. Iress Mobile.

Invest on Iress ViewPoint

Iress ViewPoint

Iress ViewPoint includes an extensive list of cutting-edge tools and features and is compatible with most Internet browsers. By accessing the navigation menu of the platform, the customer will be able to choose between two subcategories of the software: Iress Trader or Iress ViewPoint.

  • The totally automatic data synchronization process between Iress Trader and Iress ViewPoint allows traders to have full control over their operations and take maximum advantage of any investment opportunity.
  • A versatile software, compatible with most existing web browsers.
  • Direct and quick connection to modules.
  • Simple and intuitive interface, suitable for any category of trader. It allows both novices and professionals to invest to the best of their abilities.
  • Significant improvement of browser notifications. Trading informed is essential to get the most out of your business.
  • The platform allows you to manage different portfolios at the same time.
  • Real-time price streaming.
  • DMA market prices.
  • Max leverage up to 1:20.

Invest on Iress ViewPoint

ViewPoint Essential

An optimized version of the platform, which offers essential tools for optimal management of intraday investments. Through the use of dedicated functions and tools, the trader will be able to trade forex, indices, raw materials, shares, and cryptocurrencies, creating strategies carefully designed to be used every single day, such as diversification and hedging. ViewPoint Essential is a multi-asset software that includes imported notifications on major market news, advanced charting, detailed portfolio management, market data on an extensive list of products and exchanges, and numerous order options, including simple conditional orders.

  • Easy-to-use interface for any type of trader.
  • Automatic display of prices and news updated in real time.
  • Easy and fast order execution.
  • Each customer can decide to set notifications on selected news and price levels.
  • Compatible with any operating system.
  • Negotiations before and after market auctions.
  • Ability to customize and save various types of watchlists.

Invest on Iress ViewPoint Essential

Iress Mobile

Regardless of experience level or style, not all traders have the ability to assiduously track their trades. This could adversely affect the outcome of your investments. To allow total control over one’s operations and better manage investments, traders will be able to download Iress Mobile onto their mobile device. The app has the same characteristics as the platform available on the web and is compatible with any iOS or Android smartphone, tablet, or other mobile device.

  • Information on markets and constantly updated prices.
  • Access to useful financial news that could influence the markets.
  • Excellent portfolio and asset management.
  • Total control over orders.
  • Latest generation graphics.

Invest on the Iress Mobile App