FP Markets Account Type

FP Markets offers two primary account types for traders: Standard Account and Raw Account. Both account types require a minimum opening balance of $100 AUD or equivalent.

Standard Account

• Spreads: From 1.0 pips
• Commission: Zero per lot
• Instruments: Access to 70+ forex pairs, metals, indices, and commodities
• Max Leverage: Up to 500:1
• Execution: ECN pricing
• Minimum Trade Size: 0.01 lot
• Expert Advisors: Yes
• Mobile App: Yes
• VPS Available: Yes

Raw Account

• Spreads: From 0.0 pips
• Commission: USD $3 per side per lot
• Instruments: Access to 70+ forex pairs, metals, indices, and commodities
• Max Leverage: Up to 500:1
• Execution: ECN pricing
• Minimum Trade Size: 0.01 lot
• Expert Advisors: Yes
• Mobile App: Yes
• VPS Available: Yes

FP Markets Broker Account Opening Process

Opening an account with FP Markets is a straightforward process that can be completed online. Here are the steps:

• Visit the Official Website: Go to the FP Markets website and click on "Open Live Account" or "Start Trading".

• Fill Personal Details: Enter your personal information including your name, email address, phone number, and country of residence.

• Provide Additional Information: Complete additional details such as date of birth, financial situation, and trading experience.

• Configure Account Details: Select your preferred trading platform (MT4 or MT5), account type (Standard or Raw), account currency, and leverage.

• Submit Documents: Upload proof of identity (passport, ID card, or driver's license) and proof of address (utility bill or bank statement).

• Verification: Wait for account verification, which typically takes up to 24 hours.

• Start Trading: Once verified, fund your account and begin trading.

For more details, you can refer to the official website of FP Markets: FP Markets.