FP Markets
Chris Cammack September 30, 2019 09:12 AM
FP Markets is a well-regulated Forex broker with two low-cost, low minimum deposit accounts, and a range of excellent trading tools. We were also impressed with how easy the FP Markets Trading App was to use and the quality of FP Markets' customer service. Regarding fees, FP Markets has an “ECN pricing” model, which it claims provides “extremely competitive” costs. Unfortunately, we found that the fees on its standard trading accounts were higher than most of its ECN competitors. But FP Markets does make it easy for beginners to get started, with 100 AUD minimum deposits and unlimited demo accounts. We are also impressed that in addition to MT4 and MT5, cTrader is also available. FP Markets is now one of a handful of brokers with such a good platform offering.