Which Broker Should You Go to for Trading in 2021?
Well, it is hard to find for a volatile trading environment like the Forex. It needs an immense number of efforts, tests some facts, and cross-check with other real traders to assess the best broker.
From the beginning of each year, we keep track of the top brokers to recommend the best broker for the following year. Being said that, our research team and traders have been watching and analyzing some too brokers from the beginning of 2020; we will do the same for the upcoming year also.
After observing the whole year, we are ready to reveal the best broker for 2021. And it is FP Markets.
Before deciding the winner, we have checked different FP Markets data for accuracy. The main factors we have looked at carefully are the trading platform, customer support, deposit methods, and also the withdrawal methods. Additionally, our research team also looked at some other things and took the feedback from the users.
After analyzing each single factor carefully, we stick to our decision that FP Markets is the broker of the year 2021.
What Can You Trade with FP Markets?
FP Markets Features
- Segregated accounts for the client’s fund.
- Protect the negative balance.
- Demo accounts and Islamic accounts.
- Offer multiple products.
- Tradable assets include crypto, Forex, shares, indices, futures, commodities, and equities.
- User-friendly interface.
- ECN pricing at a low-cost.
- Spreads start from 0.0 pips.
- Max leverage is 500:1.
- Fast trading via a secured server.
- Multilingual customer support for 24 hours, 5 days a week.
- Use MT4, MT5, and IRESS platforms.
FP Markets Trading Platform
FP Markets works with top tier platforms such as MetaTrader 4, MetaTrader 5, and IRESS.
Both MetaTrader 4 and 5 can be used on Windows, Mac, iOS, and Android devices. Additionally, they also have a unified web trading platform, accessed via any latest web browser.
MetaTrader 4 offers a customizable interface that also includes multiple technical indicators along with one-click trading. Besides, it also provides live price streaming at a 128-bits encryption rate. Access to the MQL4 community, Meta Trader market, allows the trader to customize their own indicators.
On the other hand, MetaTrader 5 also provides the same offering as the MT4. It allows enhancing trading, including six pending stop order types. Additionally, forex signals and copy trading boost the up trading experience for any level of traders. With the MT5, a trader can trade Forex, Indices, Commodities, and Cryptocurrencies.
In order to excel in the trading experience, FP Markets offers the IRESS platform exclusively for the Australian traders with advanced functions. It offers four different types of platforms and systems, such as Iress ViewPoint, Iress Trader, Iress Investor, and Iress Mobile. However, all of these platforms are aimed to provide uninterrupted service to the traders.
FP Markets Deposits and Withdrawals
Since FP Markets operates worldwide, they are supposed to have easily accessible deposit and withdrawal methods, and they provide it. However, the deposit methods include credit or debit cards, payment wallets including Skrill and Neteller, bank transfer, including online banking and PoliPay.
FP Markets do not charge any fees for depositing money in their account. Moreover, no third-party deposit is allowed; only the account holder will deposit the money.
On the other hand, the withdrawal methods are also the same as deposits. Deposits and withdrawals are made via a secured server, which ensures the ultimate security.
After applying for the withdrawals, if everything is okay, FP Markets will take 1 business day to process the withdrawals as per the trader’s preferred methods. Usually, brokers take around 5-7 days to release the payment, while one day’s process by FP Markets is the fastest.
Additionally, there are no FP Markets fees for withdrawals, but they may charge for international withdrawals.
Since it had started in 2005, FP Markets has been an outstanding broker, which also has an excellent track record over the years. Additionally, the membership from top regulatory bodies also ensures safety measures.
Over the years, FP Markets won around 35 awards, including the “Australia’s Most Intelligent Solution Provider in Forex Trading in 2020”. This tremendous award ensures that FP Markets is the best broker of 2021 to start immediate Forex and CFD trading.
However, we did not only rely on or award profiles. Instead, we have checked all the features and offerings as we said in the beginning. FP Markets successfully satisfied all the criteria we have checked to measure the value of the broker.
So, the unanimous decision from our researchers is that FP Markets is the best broker for the year 2021. And anyone can start their trading with FP Markets and diversify the portfolio with different asset classes.