FP Markets cashback review

About FP Markets

FP Markets has been regulated since 2005 in the financial markets, and is a trusted global CFD and Forex broker. Their vision was to create the superior forex trading destination where traders could access a full suite of trading products in the global markets. The convenience of being able to trade CFDs across forex, equities, indices, commodities, futures and cryptocurrencies all from a single account is one of the key reasons traders choose FP Markets.

What sets us apart from their competitors is the deep understanding of what traders need. They’ve learned that the combination of pricing, execution speed, cutting-edge platforms, product range, customer support and market analysis are the key ingredients that give to the clients the confidence to trade.

Being an Australian licensed forex broker, their clients interests’ are a priority for them. It is their firm commitment to excellence that makes them one of the leading forex brokers in Australia.

Account Types

Forex traders are offered the choice between Standard and Raw accounts . A standard account has a minimum deposit of Australian $ 100 or its equivalent and is provided with a spread of 1.0 pips without commission.
A Raw account has a minimum deposit of Australian $ 100 or its equivalent and is offered without a spread, but a commission of Australian $ 3.50 is charged per lot in each transaction. Islamic accounts and VPS are also available.
CFD traders are offered the choice between the three types of Iress accounts.

A standard account has a minimum deposit of $ 1,000. The minimum brokerage fee is $ 10 per month (or 0.1% of the size of the transaction, whichever is higher). Overnight financing is at RBA + 4% and a fee of $ 55 GST per month is canceled if the trader generates at least $ 150 commission per month. A monthly GST fee of $ 22 for ASX data is not charged if the trader generates at least $ 50 commission per month. A platinum account has a minimum deposit of $ 25,000. The minimum brokerage fee is $ 9 per month (or 0.09% of the transaction size, whichever is higher). Overnight financing is RBA + 3.5%, and a fee of $ 55 GST per month is canceled, if the trader generates at least $ 150 commission per month. A monthly GST fee of $ 22 for ASX data is not charged if the trader generates at least $ 50 commission per month.

Finally, the Premier account has a minimum deposit of $ 50,000. Brokerage commission is 0.08% of the transaction size, with no minimum fixed commission. Overnight financing is carried out at the rate of RBA + 3%, and a fee of $ 55 GST per month, unconditionally, will not be charged.
On all accounts, the minimum transaction size is 1 micro-lot (0.01 full lots).

So from now with Cashbackcloud and FP Markets you have everything to be a succesfull forex trader. Please check Fp Markets cashback page , then if you have any question please send us an email.