Unfortunately, there is no negative balance protection for ASIC and St Vincent clients and negative balance protection is only available if you have an account with the CySEC entity.įP Markets accepts clients from all over the world although they do not accept applications from residents of USA, Japan or New Zealand, or from any other country or jurisdiction where restrictions apply due to local laws and regulations. Your funds are held in segregated accounts with top tier banks, separate from the company’s funds to ensure that they cannot be used for any other purpose. It really depends what matters most to you. Traders Way for example have leverage all the way up to 1:1000 but they do lack in regulation. Leverage being one of them as unregulated brokers tend to offer higher leverage. The only potential downside for some traders is that regulation means that some features are restricted. I always prefer to trade with a regulated broker as I want my funds to be in safe hands. This strict regulation means that they must comply to strict rules and regulations which helps to give you peace of mind that you are using a trusted and reputable trading broker who will operate with the upmost integrity and transparency. I personally don’t feel the need for an account manager as I like to trade on my own accord but if you are looking for a little assistance along the way then this can help.įP Markets is authorised and regulated by the Australian Securities and Investment Commission (ASIC) and Cyprus Securities and Exchange Commission (CySEC). Each client is provided with a dedicated account manager. Multilingual support is available 24 hours a day, 7 days a week. Awards include Best Global Forex Value Broker Award, Outstanding Value CFD Provider, Best Customer Service, Best Trade Execution, Most Satisfied Traders, Best Education Material, etc. They have won numerous awards for fast execution speeds, client satisfaction and customer support. This is better than using a market maker who sets their own prices. More liquidity means that you can get your trades executed at better prices as all of the LP prices are pooled together.
Morgan, Goldman Sachs, Commerzbank, Standard Chartered, Citibank and BNP Paribas. Liquidity providers (LP’s) include huge global names Barclays, HSBC, RBS, Credit Suisse, J.P. This means that anyone can get access to industry leading trading conditions, on par with competitors such as IC Markets and Pepperstone. They incorporate the latest technologies to ensure ECN pricing in all market conditions. I like this as it means I can switch seamlessly between platforms and manage my account from my laptop and mobile.įocused on understanding what traders need, FP Markets mission is to provide the ultimate trading experience to all types of traders, regardless of your investment size or prior experience. You have the convenience of being able to trade all markets and instruments from one account. There is a selection of powerful trading platforms to choose from, MT4, MT5 & IRESS.
This gives me confidence that they are a company who we can trust. Ltd.) have a no requote policy and are under strict ASIC and CySEC regulation with their head office located in Sydney, Australia. If you are impressed by this product range, IG have over 17,000 in comparison.įP Markets (First Prudential Markets Pty.
They have a huge number of products for you to trade with over 10,000 global instruments including Forex Currency Pairs, Commodities, Cryptocurrencies, Stocks, Shares, Indices, Metals, Equities, Energies, CFDs & ETFs. High minimum deposit of $1,000 for CFD accountsĮstablished in 2005, FP Markets can offer you award-winning ECN trading conditions with direct market access pricing, tight spreads from 0 pips and flexible leverage up to 1:500.Cannot accept clients from some countries.