FP Markets Account Types

FP Markets offers a variety of account types to cater to different trading needs. The main account types include:

• Standard Account
• Platform: MT4 / MT5
• Spreads: From 1.0 pips
• Commission: Zero
• Minimum Deposit: $100 AUD or equivalent
• Maximum Leverage: 1:500
• Raw Account
• Platform: MT4 / MT5
• Spreads: From 0.0 pips
• Commission: $3.0 per lot (each way)
• Minimum Deposit: $100 AUD or equivalent
• Maximum Leverage: 1:500
• Islamic Account
• Available for both Standard and Raw account types, catering to traders who follow Islamic finance principles.
• Demo Account
• Allows traders to practice with $100,000 in virtual money, providing access to real market conditions without risking real capital.

FP Markets Broker Account Opening Process

The process to open an account with FP Markets is straightforward and can be completed online. Here are the steps involved:

• Visit the Website:
• Go to the official FP Markets website and click on "Open Live" or "Start Trading."
• Fill in Personal Information:
• Provide details such as your full name, country of residence, phone number, and email address.
• Identity Verification:
• Upload necessary documents for verification, including a photo ID (passport or national ID) and proof of address (utility bill or bank statement).
• Complete Registration:
• Verify the information provided and accept the terms and conditions.
• Deposit Funds:
• Fund your account with a minimum deposit of $100 AUD or equivalent to start trading.
• Download Trading Platform:
• Download MT4 or MT5 and log in using the credentials received via email.

By following these steps, you can easily set up your trading account and start trading with FP Markets.