Crypto Trading FPMarkets Review Australia 2024

Our FPMarkets review Australia tested the overall platform to find out what the design, usability, and perceived security levels are. Our first impression of the platform was slightly underwhelming. The standard design and layout seems outdated and the website is not as streamlined as you’d expect. However, first impressions are not always a true indicator of the inherent qualities of a trading platform.

4.7/5

FP-Markets Crypto

T&Cs apply, 18+

Go to FP-Markets

FP-Markets Highlights

• Award-winning customer support
• Educational tools available
• Regulated and licensed

This is where our FPMarkets review Australia found the platform to excel. Although the trading platforms are in need of an update or two, you’ll find that there is a lot on offer. Added to which, the ability of the platform to facilitate high trading volumes is a good sign of things to come if you wish to engage in the massive online Forex market. FPMarkets review 2024 also found that the online broker has a deep liquidity pool for all products, allowing for large-scale trading on all ends of the spectrum.

FPMarkets has not experienced any real threats to their overall security and maintains strong oversight over all of the platforms, cTrader, TradingView including their mobile trading platform. Functional, accessible, and secure sums up the FPMarkets review Australia of their overall website. Also the website is available in these languages: Italian, English, Arabic, German, Ukrainian, Chinese, Czech, Greek, Spanish, Brazilian Portuguese, French, Korean, Polish, Irish, Portuguese, Indonesian, Vietnamese, Thai, South African English. Another secure and reliable online broker comes in the form of our XM com review.

How To Trade – Our guide to FPMarkets crypto trading

If you are looking to start trading in crypto on the FPMarkets platform, use the following step-by-step guide to ensure that you experience a seamless registration process and start trading as soon as possible.

1. The first step is to create an account with FPMarkets. You’ll be able to open a demo account (advisable for novice traders) or a live account.
2. If you do choose to open a live account, you can click on the “Open Live” button.
3. You’ll need to fill out the online form with regards to your personal details, any additional information, account configuration, and declaration
4. Once you have done this, you’ll be ready to start trading after depositing funds into your FPMarkets account.

The best way to trade cryptocurrency on the FPMarkets website is by using the MetaTrader 4/5 platform the cTrader or TradingView . It’s customizable, offers one click trading, has live price streaming, and will allow you to enable MarketWatch.

Let us assume you wish to trade in Bitcoin on the MetaTrader5 platform. All you need to do is keep track of your margin rate and use the currency of your choosing. If you buy a digital coin because you believe the BTC/AUD price will increase. If your spread is 40%, you only need to cover 40% of the total position value. If the price moves in the right direction at any time, you can sell your coin and make a return. Please keep in mind that this is not investment advice but rather an example of how trading in crypto CFDs work.

Company

Company	First Prudential Markets Pty Ltd
Headquarter	Level 5, Exchange House, 10 Bridge Street, NSW2000 Sydney, Australia
Year of Founding	2005
CEO	Matt Murphie
Website	www.fpmarkets.com
Available Languages	English, German, French, Italian, Spanish, Russian, Polish, Portuguese, Arabic, Czech, Greek, Ukrainian, Chinese, Korean, Vietnamese, Thai
Customer Support	Live Chat, Phone, Email Support
Email	supportteam@fpmarkets.com
Phone	+44 28 2544 7780
Licence	154 461 104
Verified by	–
Payment Methods

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When it comes to payments, you’ll want to take a look at the available payment options on hand before you make a deposit. This will help you identify the best payment option that is available to you. For FPMarkets crypto Australia users who wish to find their account, there are 7 payment methods that support AUD. Bank transfers, card payments, BPAY, Neteller, PayPal, POLi, and Broker to Broker payment methods are all available.

For deposits, it is wise to make use of an option that you prefer security-wise and one that facilitates fast deposits. There are no deposit fees for all of the available options. If you use the MT4/5 trading platform, you’ll find that most deposit options will clear immediately while for users of the Iress platform, it usually takes one business day to clear.

When it comes to withdrawals, traders can withdraw via their bank card, domestic bank wire, Neteller, and PayPal. If you use Neteller as your chosen withdrawal method, you will incur a fee capped at a maximum of 2%. Otherwise, withdrawal fees are set at $30 per $45,000 transaction. Domestic bank wires will cost $10 per withdrawal. The remaining methods are free and all options will take 1 business day to clear.

Much like our FX Open review, we’ve put the customer service team to the test. What transpired was nothing short of astounding as our latest FPMarkets crypto review was blown out of the water. The customer service team is responsive, attentive, and highly-effective.

The best place to start is by visiting the FAQ section. Here, you have a comprehensive overview of all the general queries that customers tend to have. For the most part, you will be able to answer a question or resolve a query just by doing this. However, you also have the option of getting in touch by using the live chat function. There are 12 different languages on offer and the live chat function is available 24/7.

For those who prefer to contact FPMarkets crypto Australia by email, you can do so at sales@fpmarkets.com. There are a number of active telephone lines available, too.

• General: +61 (0)2 8252 6800
• Toll free: 1300 376 233

FPMarkets prides itself on customer service and the ability to resolve any issues, disputes, or complaints that may arise during online trading activities.

When it comes to licensing and security, our FPMarkets crypto Australia review is delighted to announce that there is full regulatory oversight of this online broker. This ensures that the online brokerage services offered by FPMarkets crypto Australia are fair, transparent, and provided in good faith.

FPMarkets is regulated by the Australian Securities and Investment Commission. Furthermore, they hold an Australian Financial Services License and as such, FPMarkets are allowed to provide full-scale financial services.

When it comes to online security, our FPMarkets crypto review found that the platform is protected by the latest SSL technology. This means that all data that is provided on the site is fully encrypted and securely stored. There is no need to worry about your personal information or your financial funds being accessed unlawfully. FPMarkets crypto Australia is also committed to implementing their privacy policy across the board. This is much like what you’ll find in our IG review.

Reputation & Customer Feedback – Great feedback from FPMarkets reviews

FPMarkets enjoys strong customer satisfaction and this shows in the raft of positive reviews that continue to stream in on a weekly basis. Traders laud the platform’s extensive offering of trading tools, quick deposits and withdrawals (not always the case with online brokers), extremely low spreads, and top customer support.

Certain customers have even stated that they received a welcome call on the same day they created an account. This speaks volumes to the special attention given to each trader on the platform. We couldn’t find much in the way of any glaring issues that have been reported by existing or previous customers. This is a good sign in terms of the platform’s ability to resolve inevitable issues and provides us with good insight into the capabilities of FPMarkets.