Oil Brokerage broker Accounts

FP Markets Account Type

FP Markets offers several types of accounts tailored to different trading needs:

• Standard Account:
• Minimum Deposit: $100
• Spreads: From 1.0 pips
• Commission: $0 on trades
• Leverage: Up to 1:500
• Suitable for beginners and casual traders.
• Raw Account:
• Minimum Deposit: $100
• Spreads: From 0.0 pips
• Commission: $3 per lot traded
• Leverage: Up to 1:500
• Ideal for experienced traders looking for tighter spreads.
• Islamic Account:
• Available for both Standard and Raw accounts.
• Complies with Sharia law, ensuring no swap fees.

FP Markets Broker Account Opening Process

To open an account with FP Markets, follow these steps:

• Visit the FP Markets Website: Go to the official FP Markets website and click on the "Open Account" button.

• Choose Account Type: Select the type of account you wish to open (Standard, Raw, or Islamic).

• Fill in the Application Form: Complete the online application form with personal details such as name, email, phone number, and address.

• Provide Identification: Upload the required identification documents, which typically include:

• A government-issued ID (passport or driver's license)
• Proof of address (utility bill or bank statement)

• Deposit Funds: After your account is verified, fund your account using one of the accepted methods (bank transfer, credit/debit card, e-wallets).

• Start Trading: Once your account is funded, you can start trading on the FP Markets platform.

For more details, visit FP Markets.