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Pros

Competitive pricing, making it one of the cheapest online brokers in Europe.
Offers a valid SSL certificate, ensuring secure communication for users.
Established for several years, which can indicate reliability and stability.

Cons

The owner’s identity is hidden, making it difficult to verify the legitimacy of the broker.
Hosted in a high-risk location, potentially exposing users to higher fraud risks.
Low website traffic and ranking may suggest a lack of popularity or trust among traders.

Heavy Trader broker Accounts

FP Markets Account Type

FP Markets offers a variety of account types tailored for heavy traders, including Standard Account, Raw Account, and ECN Account. The Standard Account requires a minimum deposit of $100 and provides access to over 10,000 global share CFDs. The Raw Account features spreads starting from 0.0 pips with a fixed commission of $3 per lot, and is ideal for traders seeking low trading costs. For more professional trading needs, the ECN Account is available, allowing access to institutional-grade liquidity and higher leverage options for professional traders.

FP Markets Broker Account Opening Process

Opening an account with FP Markets is straightforward and can be completed in a few steps:

  • Visit the FP Markets Website: Navigate to the official FP Markets website to begin the registration process.
  • Choose Your Account Type: Select the account type that best suits your trading needs (Standard, Raw, or ECN).
  • Complete the Application Form: Fill out the online application form with your personal details, including your name, email address, phone number, and country of residence.
  • Verify Your Identity: Upload the required documents for identity verification, such as a government-issued ID and proof of address (e.g., utility bill).
  • Fund Your Account: Choose your preferred funding method (bank transfer, credit card, etc.) and deposit the minimum required amount.
  • Start Trading: Once your account is verified and funded, you can download the trading platform (MT4, MT5, or WebTrader) and start trading.
  • For more details, you can visit the FP Markets website: FP Markets.

Heavy Trader accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .
Heavy Trader Account