FP Markets trading conditions

FP Markets trading conditions

Trading conditions vary by account, platform, legal entity and client classification. The figures below reflect the latest information available to 88 Forex Brokers and should be confirmed before trading.

Spreads and commissions

FP Markets advertises spreads from 0.0 pips on Standard. The stated commission is US$3 per side / US$6 round turn, Raw. Typical or live pricing may be higher than the advertised minimum, particularly outside liquid trading hours or during volatile markets.

A quoted spread from 0.0 pips is a raw-spread figure, which almost always means a separate commission per lot. Compare the two together - a "zero spread" account with a high commission can cost more than a wider spread with none.

Quoted spreads are best-case figures on the most liquid pair, in normal conditions. What you actually pay widens around news and at the session open.

FP Markets lists a minimum deposit of $100. Treat it as the cost of opening an account, not the cost of trading one - position sizing on a small balance is what tends to cause damage.

Spread type

Variable

EUR/USD average spread

Approx. 0.1 pips, Raw

GBP/USD average spread

Approx. 0.3 pips, Raw

Commission

US$3 per side / US$6 round turn, Raw

All-in cost, EUR/USD

Approx. 0.7 pips

Leverage and margin

Maximum leverage is reported as 1:30, although the available limit depends on the account entity, instrument, client classification and local rules. Higher leverage increases both potential gains and losses and can lead to rapid account depletion.

Execution model

FP Markets describes its execution model as ECN pricing / no dealing desk. The available information indicates an average execution speed of Under 8ms, order types of Market, limit, stop, stop-limit, stop-loss, take-profit, trailing stop and servers in Equinix NY4, New York. Execution labels are not standardised across the industry, so review the order-execution policy and conflict disclosures rather than relying on a single term.

Trading rules

Expert advisers

Yes; EAs, automated trading and VPS supported

Copy trading

Yes, FP Markets Copy Trading

Negative balance protection

Yes, retail clients

Scalping, Hedging, Stop-out level and Guaranteed stop loss: the broker does not publish enough information for us to confirm this trading condition.

Account terms may differ by entity and country.