The Forex Market is the biggest and the most active financial market worldwide. Finding the best broker is a tricky task to do, as there are hundreds of brokers. To select the best broker, the expert and beginner traders always look for some key features. But it is always tough to check all the factors one by one for a single person. That is why our experienced research team always tracks the brokers and makes a data-driven analysis in the search for the best broker.
Throughout this year, the team has been doing the same to filter out the best broker of 2023. While researching, we have considered multiple criteria that can make a difference among the brokers. The factors we have taken into consideration are trading platform, deposit and withdrawal options, and customer support.
After inspecting these criteria, we came to the conclusion that FP Markets is the best broker for 2023. A wide range of platform offerings and funding methods along with commission fee structure keep FP Markets ahead in-game. Our mission is to help the traders to make their decision while they are confused about choosing the correct broker, and we have made their task easier; we did extensive research to bring the best broker of 2023 out of hundreds.
What Can You Trade with FP Markets?
FP Markets Features
• A convenient and easy method to open an account
• Allows scalping and hedging
• Low minimum deposit with no deposit fees
• The client’s funds are kept in a separate bank account
• A wide range of products
• Easy to use interface with three different platform integration
• Offers STP
• 0.0 pips spread with 500:1 maximum leverage
• Lightning speed trading execution over the secured and safe server
• 24/5 customer support in a different language
FP Markets Trading Platform
FP Markets offer a separate trading platform for Australian traders and international traders. The Australians offer IRESS, while for the international traders,, they have MetaTrader and Metatrader 5.
Through the IRESS, FP Markets provide futures and share CFDs, forex, indices, and commodities. Besides, the transparent DMA pricing with full access to the market depth indicates reliability. IRESS is compatible with MAC and Windows operating systems, which is also accessible via handheld devices. Additionally, some unique features of FP Markets are Advanced charting with 59 technical indicators, more than 50 tools for drawing, time interval selection, and more.
FP Markets has a huge number of traders outside of Australia, and they offer completely different platforms for international traders. MetaTrader 4 and MetaTrader 5, two international platforms are from the same company, MetaQuotes, and both of the platforms offer almost the same features.
First of all, MT4 and MT5 are accessible from multiple devices such as windows, MAC, Android, and iOS. MT4 is best Forex trading platform for forex trading, while MT5 focuses on Forex, Indices, Commodities & Cryptocurrencies. Different customizable technical indicators, robots, and Expert Advisors enhance these platforms’ useability and make the trader start with the right strategy.
FP Markets Deposits and Withdrawals
FP Markets aims to provide the fastest deposits and withdrawals methods, which includes credit & debit cards, online bank transfers, wire transfers, digital wallets such as Neteller and Skrill, and PoliPay. For the funding, the transfer is usually done in no time except for the international wire transfer. The international bank transfer may take up to 4 days to transfer the money to the trader’s account. In contrast, the withdrawals will take at least 1 business day upon approval.
There are no additional charges for deposits and withdrawals. However, an international bank transfer may be subject to a charge of 10 AUD. For the deposit, the bank may charge some fees for the wire transfer. FP Markets don’t offer any third party-payments, which means accounts’ names and depositors’ names must be the same; this is to protect the money laundering activities. Furthermore, they don’t allow deposits from a joint account either.
Conclusion
Our dedicated team aims to provide the traders with the best forex broker via unbiased and comprehensive research methodology. Our research is conducted throughout the year and provides a time-to-time update. And, at the end of the year, we recommend the best broker for the next year. In continuation of this, we have found FP Markets as the best broker of 2023.
To find out the FP Markets as the best broker 2023, we have looked at their platform offerings, costs, fees, securities, funding methods, and more.
Additionally, we have contacted some authentic traders who have been using FP Markets for a long time, as well as new traders. We got positive feedback from all types of users, which outweighs the competitors.
So, if you are not already trading with FP Markets, it is worth giving it a try in 2023.
