The Best Reliable Forex Brokers of the Year: FP Markets
As the year is closing, it is time to find out the best broker of 2020, who was the most reliable throughout the year. However, to find out this, we had to do extensive research and test several top brokers. Additionally, we also considered feedback from real traders worldwide.
We have checked and verified each broker based on some crucial criteria: trading platform, deposit and withdrawal method, and customer service. So, we have listed some to broker based on these criteria and some other additional features. Finally, we were able to keep the best one on our list, which is ultimately the best of the best. And the winner is FP Markets.
With the amount of research and the effort we put into finding out this, it is safe to say that FP Markets is the broker of the year 2021 too! It has everything that an ideal broker should have. The features and performance of FP Markets outweigh all the brokers available in the trading industry.
In the coming year, anyone can use FP Markets regardless of their expertise level without any doubt.
What Can You Trade with FP Markets?
FP Markets Features
• Offers low-cost ECN pricing.
• A wide variety of product offerings.
• Asset classes includes¸ Forex, Cryptocurrencies, Commodities, Equities, Futures, and Index CFDs.
• Trader everything from a single account.
• All levels of trader can use it.
• Offered leverage is up to 500:1.
• Tight spreads starting from 0.0 pips.
• ECN pricing.
• Fast executing server.
• Multilingual supports for 24/5.
• Platform includes MetaTrader 4, MetaTrader 5, IRESS, and WebTrader.
FP Markets Trading Platform
To serve the purpose, FP Markets offer multiple trading platforms, which include MT4, MT5, and IRESS.
MetaTrader 4 and MetaTrader 5 are from the same company, MetaQuotes. So, both of them are almost the same apart from some insignificant differences. MetaTrader is one of the powerful trading platforms available in the recent world. To provide a seamless trading experience, they offer advanced charting tools, various technical indicators, insights about the market¸ live price charts along with recent market news, and automated trading.
Additionally, the available Expert Advisors (EAs) with lightning-fast server boost the trading experience. All these are accessible via web and mobile apps from anywhere in the world.
MT4 and MT5 take fees from spreads (starts from 0.0 pips) and commissions.
IRESS is another advanced trading platform (only for the Australians) that offers a set of trading tools with better compatibility. It is also known as IRESS viewpoint, which offers 59 technical indicators, 50+ drawing tools, live price quotes for 10,000 instruments, variations in the timeframes, and chart customization features.
Another good thing about the IRESS platform is that it syncs easily with the trader with all the latest browsers' compatibility.
So, FP Markets can get you the ultimate trading experience, which earns you profit via multiple top-class trading platforms.
FP Markets Deposit and Withdrawal Option
Funding to the FP Markets trading account is really quick and easy! A wide range of payment methods can be used, such as debit card, credit card, digital payment wallets Skrill and Neteller, bank wire transfer, online banking, and holiday.
There is nothing to worry about fees and charges while depositing the money. Additionally, they cover the deposit fees for all the international funding. However, FP Markets don't offer any third party payments.
FP Markets has a secured client portal, which makes the withdrawal method easy and quick. Any trader can withdraw funds through debit cards, credit cards, digital payment wallets, bank wire traders, and online banking.
Usually, the withdrawals are processed in one business day, which is the fastest compared to other brokers. FP markets don't impose any fees for withdrawals. However, overseas banks may charge withdrawal fees, which have no relation with FP Markets. But, for the international withdrawals, FP Markets charge 10 AUD.
The right broker can make a trader's job half done. And our pick for the right broker is FP Markets. The offerings and features lead us to prefer them as the best broker of 2020, which will continue to 2021 too. Forex and CFD trading is complex, but these become easier with the best broker such as FP Markets.
FP Markets does build its reputation overnight. It is an award-winning trading broker, which was established in 2005. They have been providing exceptionally good trading experience all these years and continues to peak the growth to become the best forex brokers. And, for the past few years, they have been holding the top position in the best broker races, and 2020 is not an exception.
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