FP Markets Account Types

FP Markets offers several account types for traders using the MetaTrader 5 (MT5) platform. The available account types include:

• Standard Account
• Minimum Opening Balance: $100 AUD or equivalent
• Spreads: From 1.0 pips
• Instruments: 70+ forex pairs, metals, indices, commodities
• Max Leverage: 500:1
• Execution: ECN pricing
• Commission: Zero per lot
• Minimum Trade Size: 0.01 lot
• Expert Advisors (EAs): Yes
• Mobile App: Yes
• VPS Available: Yes
• Raw Account
• Minimum Opening Balance: $100 AUD or equivalent
• Spreads: From 0.0 pips
• Instruments: 70+ forex pairs, metals, indices, commodities
• Max Leverage: 500:1
• Execution: ECN pricing
• Commission: $3 per side per lot
• Minimum Trade Size: 0.01 lot
• Expert Advisors (EAs): Yes
• Mobile App: Yes
• VPS Available: Yes

FP Markets Broker Account Opening Process

Opening an account with FP Markets is straightforward. Heres a step-by-step guide:

• Choose Your Account Type: Decide between the Standard or Raw account based on your trading needs.

• Fill Out the Registration Form: Visit the FP Markets website and complete the online registration form with your personal details, including your name, email address, and phone number.

• Verify Your Identity: Submit the required identification documents, such as a government-issued ID and proof of residence (like a utility bill).

• Deposit Funds: After your account is verified, you can deposit funds using various payment methods, including bank transfers, credit/debit cards, and e-wallets.

• Download MT5: Download the MetaTrader 5 platform from the FP Markets website to start trading.

• Log In: Use the credentials sent to your email to log in to your MT5 account and begin trading.

For more details, visit FP Markets Account Types.