Frequently Asked Questions


All about the FP Markets Sign-Up-, Welcome Bonus and Referral Bonus

FP Markets 120x80Founded in 2005, FP Markets is a group of companies that includes First Prudential Markets Ltd. It is a broker that offers trading in more than 13,000 financial instruments including Forex, Equities, Metals, Indices and Cryptocurrencies to name a few. The broker also offers different account types for its users such as the Standard Account (commission-free) and Raw Account (commission-based) for MetaTrader users. Apart from that, the broker also offers an amazing collection of educational and market analysis resources via the Traders Hub, which also includes articles on fundamental and technical analysis.

 

FP Markets also allow social traders to use the MetaTrader 4 myfxbook service for social trading. The broker also provides real asset management support via their MAM/PAMM module as well as a VPS service for those who prefer automated traders. Additionally FP Markets offers the Iressplatform that provides access to more than 10,000 stocks on the world’s major stock exchanges. This service is however, restricted to certain users based on their trading location. Users can also access a variety of FP markets bonus schemes which are explained in brief below.

 

 
fpmarkets webpage
FP Markets Website

Overview:

  • Minimum Deposit: 100
  • Maximum Leverage: 500:1
  • Tradeable Assets: Forex, Shares CFDs, Metals, Commodities, Indices, Cryptocurrencies
  • Regulated By: CySEC, ASIC, and FSA
  • Demo Account: Yes

Note: Your capital is at risk

 

 

FP Market Referral Bonus

Referral bonuses are usually offered by brokers to draw in users and expand their customer base. They usually have some strict criteria such as to register a real account, a certain minimum deposit amount, or a certain number of trades. Unfortunately, FP Markets does not currently offer any referral bonuses to new or existing users.

 

FP Market Welcome Bonus (Sign-Up Bonus)

FP Markets offer new users on the platform with a promotional offer or Cash Bonus. This “welcome” bonus is a fixed amount of $30 or equivalent in any other currency and is available to standard spread MT4 accounts only.

To be eligible for this bonus, users must fund their trading account with a minimum of AU$200 or equivalent and trade at least 3 standard FX lots on the platform. The bonus is available only once to each user and cannot be used in conjunction with any other offer made by the platform.

 

Pros and Cons

Pros Cons
FP Markets provides an extremely wide range of tradable instruments including CFDs in forex, cryptocurrencies as well as other instruments such as commodities, metals, stocks, oil, gold and indices. The choices of markets as well as accounts offered by FP Markets can get confusing for new traders
FP Markets provides comprehensive and competitive trading conditions in addition to the bonuses provided. FP Markets does not provide a referral bonus of any sort.
FP Markets supports a myriad of deposits and withdrawals such as bank wires, credit/debit cards, Neteller, Skrill, Fasapay, Paytrust88, Ngan Luong, and broker-to-broker transfers. A full list can be accessed from the broker’s official website. The spreads provided by the platform can seem a bit high for many new traders.
FP Markets is completely regulated by ASIC, which is one of the most reputable regulatory authorities in the world.  
FP Markets provides ECN pricing, as well as providing DMA trading.  
The broker provides multiple trading platforms: Meta Trader 4, Meta Trader 5, IRESS and Webtrader, which all come with their own sets of advantages and limitations.  

 

 

Conclusion 

FP Markets is a broker that has carved out a favourable reputation for itself since 2005 by offering a transparent trading environment and a myriad of assets to trade. The bonuses offered by FP Markets provide a nice incentive for newer users to come to the platform and take advantage of the services offered. Overall, the broker is trustworthy, maintains a competitive cost structure and offers solutions catered to a wide variety of clients.

 

For more please read FP Markets Review 

Note: Your capital is at risk

 

Risk Warning: Trading may not be suitable for everyone, so please ensure that you fully understand the risks involved. Especially trading leveraged products such as Forex and CFDs carry a high degree of risk to your capital and can result in the loss of your entire capital. Only invest with money you can afford to lose.