Overall, FP Markets offers forex cashback as a CPA commission of $200 or a rebate of $1.25 per traded lot on the hybrid affiliate program, regardless of the account type or financial instruments. However, according to FP Markets, affiliates could earn up to $450 commission on the CPA Affiliate program.
🔎 FP Markets Account | 🥇 Standard Account | 🥈 Raw Account |
🅰️ Forex | 0.3 pips | 25% of commissions paid |
🅱️ Precious Metals | 0.3 pips | 25% of commissions paid |
FP Markets Cashback Rebates – Key Point Quick Overview
- ☑️ FP Markets Rebates Summary
- ☑️ How to Open a Forex Cashback Account with FP Markets (via SAShares)
- ☑️ Understanding Forex Trading Rebates and How They Work with FP Markets
- ☑️ The Benefits of Forex Trading Rebates with FP Markets
- ☑️ Key Factors to Consider When Evaluating FP Markets’ Forex Trading Rebate Program
- ☑️ Number of Traders Participating in FP Markets Cashback Rebates and Real-Life Examples
- ☑️ Successful Traders Benefiting from FP Markets’ Rebates
- ☑️ Number of Traders participating in FP Markets Forex Rebates
- ☑️ Detailed Summary of FP Markets
- ☑️ Geolocation of Traders
- ☑️ Advantages that FP Markets has over Competitors
- ☑️ Who will Benefit from Trading with FP Markets?
- ☑️ How to Maximize Your Savings with Forex Trading Rebates at FP Markets
- ☑️ FP Markets Regulation and Safety of Funds
- ☑️ FP Markets Awards and Recognition
- ☑️ FP Markets Account Types and Features
- ☑️ How to open an Account with FP Markets
- ☑️ FP Markets Trading Platforms
- ☑️ Which Markets Can You Trade with FP Markets?
- ☑️ FP Markets Trading and Non-Trading Fees
- ☑️ Calculating Forex Trading Rebates with FP Markets
- ☑️ Claiming and Withdrawing Forex Rebates at FP Markets
- ☑️ FP Markets Education and Research
- ☑️ How to open an Affiliate Account with FP Markets
- ☑️ FP Markets Customer Support
- ☑️ FP Markets Alternatives
- ☑️ FP Markets VPS Review
- ☑️ FP Markets Web Traffic Report
- ☑️ FP Markets vs. Other Notable Brokers
- ☑️ FP Markets Pros and Cons
- ☑️ FP Markets Customer Reviews
- ☑️ Legal and Tax Implications and Understanding Forex Trading Rebates with FP Markets
- ☑️ Risks and Limitations of Forex Trading Rebates at FP Markets
- ☑️ Strategies to Maximize Rebates with FP Markets
- ☑️ Recommendation for Improving FP Markets Cashback Rebates
- ☑️ Our Verdict on FP Markets
- ☑️ Frequently Asked Questions
FP Markets Rebates Summary
- ✅ FP Markets has an overall rating of 4.6 / 5
- ✅ FP Markets has a Real Customer Rating of 4.6 / 5
FP Markets Cashback Forex Conditions
- ✅ Forex Rebates are converted to USD automatically after a transaction is concluded.
- ✅ Traders who register their accounts with CySEC are ineligible for rebates.
- ✅ The commission rate of 25% will vary based on the account’s base currency.
- ✅ Only professional traders who register via the ASIC company are eligible for rebates.
FP Markets does not allow American, Belgian, New Zealand, or Japanese traders.
FP Markets Additional Notes on Cashback Rebates
- ✅ On the Standard Account, FP Markets offers rebates of 0.3 pips.
- ✅ Raw Accounts are eligible for commission rebates of 25%.
- ✅ FP Markets provides reduced spreads and commissions.
Monthly cashback is provided to qualifying traders.
How to Open a Forex Cashback Account with FP Markets (via SAShares)
You can follow these steps to register for a Forex Cashback Account with FP Markets via SAShares.
For New Accounts
If you do not have an existing account with FP Markets, you can easily obtain a cashback rebate in three simple steps.
✅ Step 1: Visit the FP Markets Website
Visit the FP Markets website and click “Open New Account.”
✅ Step 2: Submit a Trading ID
Submit your Trading ID to us: [SAShares]
For Example:
To: [SAShares]
Subject: New FP Markets Rebate Application
“Dear SAShares Team,
Please view my FP Markets Client ID: 12345 (Your Account, Client, or Trading ID] and inform me whether my rebate application has been accepted.”
✅ Step 3: Wait for Approval
Wait for approval, which will be sent within [number of hours]. Once approval is given, you will automatically receive your cashback rebates from the FP Markets system.
For Existing Accounts
If you have an existing FP Markets account, you can get a cashback rebate by following these simple steps.
✅ Step 1: Send an email to FP Markets: [email protected]
Request that the broker transfer the trading account under the following SAShares Affiliate ID: [SAShares]
For Example:
To: [SAShares]
Subject: Account Transfer Request
“Dear FP Markets Partner/Affiliate Team,
I would hereby like to request that my account be transferred to IB/Partner/Affiliate code [SAShares Code]. Furthermore, I would hereby like to request to be assigned under the mentioned IB regardless of whether my account falls under an umbrella or parent IB.”
✅ Step 2: Open an Additional Account
Once you receive confirmation of the transfer from FP Markets, you can create an additional trading account.
✅ Step 3: Contact SAShares
Lastly, you can send your Trading or Client ID to [SAShares].
For Example:
To: [SAShares]
Subject: New FP Markets Rebate Application
“Dear SAShares Team,
Please view my FP Markets Client ID: 12345 (Your Account, Client, or Trading ID] and inform me whether my rebate application has been accepted.”
Understanding Forex Trading Rebates and How They Work with FP Markets
Forex trading rebates are a type of commission paid to traders or affiliates who refer new clients to a brokerage. These rebates are important to FP Markets’ Introducing Brokers (IB) and Affiliate programs. This is how they work.
FP Markets Introducing Brokers
- ✅ Commissions are paid out quickly, so IBs do not have to wait long to receive their earnings.
- ✅ FP Markets offers a highly competitive volume-based rebate structure to its Introducing Brokers. This means that the higher the trading volume your referred clients generate, the higher the rebates you earn.
- ✅ Using advanced real-time tracking technology, IBs can track their performance and rebates via a dedicated portal.
- ✅ The program provides multi-tiered commission structures, allowing IBs to earn commissions from direct referrals and traders referred by their sub-affiliates.
FP Markets Hybrid Affiliate Program
- ✅ For affiliates, the cost-per-acquisition (CPA) model is used. When the traders you refer become active, you earn a flat commission fee.
- ✅ Like the IB program, the Affiliate program offers multi-tiered, customized deals and payment structures.
- ✅ FP Markets emphasizes quick and efficient client onboarding processes to maximize conversion rates.
- ✅ The commission tiers are determined by the client’s geographical location, with commissions ranging from $225 to $450, depending on the tier.
FP Markets Affiliate CPA Program
- ✅ This dynamic program allows partners to earn a flat CPA commission and real-time rebates as their clients trade.
- ✅ The program provides multi-tiered customized deals and payout structures through a specialized Affiliate Portal.
FP Markets Analytics and Reporting
IBs and Affiliates both have access to cutting-edge analytics and tracking tools. These tools provide advanced reports on accumulated deposits, volumes, and rebates, allowing for effective performance monitoring.
FP Markets Payments and Withdrawals
FP Markets provides quick and simple payment methods, allowing partners to withdraw their earnings easily. There are numerous methods for transferring and withdrawing funds.
Do forex trading rebates expire at FP Markets?
Unless otherwise specified in the terms and conditions, FP Markets has no expiration date for forex trading rebates.
Are forex trading rebates at FP Markets available for all financial instruments?
Yes, Forex trading rebates are available at FP Markets for various financial instruments, including Forex, Indices, and Metals.
The Benefits of Forex Trading Rebates with FP Markets
The Benefits of Forex Trading Rebates with FP Markets include:
- ✅ Support is available 24 hours a day, seven days a week, for any questions or issues.
- ✅ Both programs allow clients to receive lifetime rebates, providing long-term earning potential.
- ✅ You can track your performance and earnings on the go with full desktop and mobile accessibility.
- ✅ FP Markets provides highly competitive, volume-based rebate structures that enable maximum earnings.
- ✅ Advanced technology allows real-time tracking of performance, commissions, and rebates.
- ✅ Commission rates are tiered based on the referred client’s geographic location, with higher commissions available in certain regions.
- ✅ Affiliates can choose between a CPA (Cost Per Acquisition) model and a Hybrid one, combining CPA with volume-based rebates.
- ✅ FP Markets ensures quick and easy payments by streamlining the commission and rebate process.
- ✅ The IB and Affiliate programs offer multi-tiered commission structures, allowing for additional earnings from sub-affiliates.
- ✅ Multiple methods for transferring and withdrawing funds are available, providing flexibility in accessing earnings.
- ✅ To aid in client acquisition, FP Markets offers a variety of marketing tools, such as banners, content feeds, and landing pages.
Fast client onboarding processes are designed to maximize conversion rates, increasing the likelihood of earning commissions. Furthermore, cutting-edge analytics and tracking tools generate detailed reports for effective performance monitoring.
Can forex trading rebates improve my trading strategy at FP Markets?
No, while rebates at FP Markets can help you save money, they should not be used in place of a sound trading strategy.
Do forex trading rebates at FP Markets apply to all account types?
Yes, Forex trading rebates are available at FP Markets for both Raw and Standard accounts.
Key Factors to Consider When Evaluating FP Markets’ Forex Trading Rebate Program
Several key factors should be considered when evaluating FP Markets’ Forex Trading Rebate Program to ensure that it aligns with your business goals and operational needs. Here are some critical factors to consider:
- ✅ Determine which commission model is best for your business: volume-based or CPA (Cost Per Acquisition). Volume-based compensation is more lucrative for those who can refer high-volume traders, whereas CPA compensation is based on a flat fee per qualified client.
- ✅ Take note of the geographical tiers for commissions. Rates can vary significantly depending on the referred client’s location.
- ✅ Examine how frequently commissions and rebates are paid out. Payments made regularly can help to improve cash flow.
- ✅ Make sure that the payment methods available to you are convenient.
- ✅ Real-Time Analytics: Assess the quality of the provided tracking and analytics tools. Real-time data can provide insightful insights into performance and earnings.
- ✅ Think about the availability and caliber of dedicated conversion specialists who can help you optimize your referral strategies.
- ✅ Examine the variety and quality of marketing tools such as banners, landing pages, and content feeds. These can have a big impact on your conversion rates.
- ✅ A multi-tiered commission structure can provide additional earning opportunities if you have a network of sub-affiliates.
- ✅ Examine the partnership agreement’s terms, including the duration and any exclusivity clauses that may limit your collaboration with other brokers.
- ✅ A quick and efficient onboarding process for new clients can greatly impact conversion rates, so think about it carefully.
Finally, consider FP Markets’ industry reputation. Reviews and testimonials can shed light on the broker’s dependability and credibility.
Is the FP Markets forex trading rebate program transparent?
Yes, FP Markets is well-known for its openness, and any fees associated with the rebate program would be specified in the terms and conditions.
How does FP Markets’ forex trading rebate program compare with other brokers?
FP Markets has competitive rebate rates, which you should compare with other brokers to get the best deal.
Number of Traders Participating in FP Markets Cashback Rebates and Real-Life Examples
While we do not know the number of traders participating in the FP Markets Cashback Rebates program, we can provide some hypothetical examples of how this program works in real life.
Example 1: Individual Trader
- ✅ Individual Trader A is from Germany (Tier 1 region) and was referred by an affiliate.
- ✅ Trader A opens a live MT4 account with a $1,000 deposit and trades 10 standard FX lots.
- ✅ Based on the Tier 1 rate, the affiliate earns $450 in commission.
Example 2: Introducing Broker (IB)
- ✅ Trader C from Canada (Tier 1 region) is referred to by IB B.
- ✅ Trader C opens a live MT4 account with a $2,000 deposit and trades 20 standard FX lots.
- ✅ IB B receives a volume-based rebate of, say, $2 per lot for a total of $40.
Example 3: CPA Affiliate
- ✅ Trader E from Spain (Tier 2 region) is referred to FP Markets by Affiliate D.
- ✅ Trader E opens an account, deposits $500, and begins trading.
- ✅ Affiliate D receives a $350 flat commission fee based on the Tier 2 rate.
Example 4: Hybrid Program
- ✅ Trader G from the United Kingdom (Tier 1 region) is referred by Hybrid Partner F.
- ✅ Trader G makes a $1,500 deposit and trades 15 standard FX lots.
- ✅ Hybrid Partner F earns a $200 CPA commission and a volume rebate of $1.25 per lot, for a total of $18.75.
Successful Traders Benefiting from FP Markets’ Rebates
- ✅ Affiliate Marketers: Individuals or businesses specializing in online marketing can use their expertise to refer traders and earn commissions.
- ✅ Financial Advisors: Financial professionals can generate additional revenue by referring clients to FP Markets.
- ✅ Institutional Traders: Financial institutions or firms that engage in high-frequency trading can generate significant rebates.
- ✅ Forex Bloggers and Influencers: Those with a large following can benefit from referring their audience and earning money through the multi-tiered commission structures.
- ✅ High-Volume Traders: Those who trade large quantities can generate significant rebates for their referrers, making them ideal program candidates.
- ✅ Professional Traders: Experienced traders who understand market dynamics and trade frequently can offer their referrers higher commissions.
- ✅ Day Traders: These traders make multiple trades in a single day, increasing trading volume and, as a result, the rebates earned by their referrers.
Number of Traders participating in FP Markets Forex Rebates
It is unknown how many traders currently participate in FP Markets’ forex rebates program.
Detailed Summary of FP Markets
🔎 Headquartered | Australia |
🌎 Global Offices | Australia and Cyprus |
📈 Year Founded | 2005 |
📉 Regional Restrictions | United States, Japan, New Zealand |
☪️ Islamic Account | ✅ Yes |
🆓 Demo Account | ✅ Yes |
📊 Non-expiring Demo | ✅ Yes |
📌 Demo Duration | 30 days if it becomes inactive |
📍 Retail Investor Accounts | 4 |
▶️ PAMM Accounts | ✅ Yes |
⏩ Liquidity Providers | Barclays, BNP Paribas, Commerzbank, Credit Suisse, Goldman Sachs |
➡️ Affiliate Program | ✅ Yes |
↪️ Order Execution | Market |
📈 OCO Orders | None |
📉 One-Click Trading | ✅ Yes |
📊 Scalping Allowed | ✅ Yes |
➡️ Hedging Allowed | ✅ Yes |
📰 News Trading Allowed | ✅ Yes |
📌 Expert Advisors (EAs) Allowed | ✅ Yes |
📍 Trading API | None |
🧮 Cashback Forex Calculator offered | ✅ Yes |
➡️ Cashback Forex Lot Size Calculator | None |
↪️ Cashback Forex Compounding Calculator | None |
💹 Starting spread | 0.0 pips |
✴️ Minimum Commission per Trade | US$3 per side |
✔️ Decimal Pricing | 5th decimal pricing after the comma |
#️⃣ Margin Call | 100% |
⛔ Stop-Out | 50% |
⬇️ Minimum Trade Size | 0.01 lots |
⬆️ Maximum Trade Size | 50 lots |
🪙 Crypto trading offered | ✅ Yes |
📊 Maximum Leverage | 1:500 |
🛑 Leverage Restrictions | None |
💵 Minimum Deposit (USD) | AU$ 100 |
⏰ Minimum Withdrawal Time | Instant |
🕰️ Maximum Estimated Withdrawal Time | Up to 5 working days |
💳 Instant Deposits and Instant Withdrawals | ✅ Yes |
🔃 Segregated Accounts | ✅ Yes |
💻 Trading Platform Time | GMT +02:00 |
🖥️ Observe DST Change | None |
ℹ️ DST Change Time zone | Eastern Standard Time (EST) |
📌 Languages supported on the website | English, Arabic, German, Portuguese, Vietnamese, Indonesian, French, Malay, Italian, Russian |
📍 Customer Support Languages | Multilingual |
📈 Copy Trading Support | ✅ Yes |
📉 Customer Service Hours | 24/7 |
🎁 Bonuses and Promotions | None |
✏️ Education for beginners | ✅ Yes |
💻 Proprietary trading software | ✅ Yes |
🖥️ Is FP Markets a safe broker for traders | ✅ Yes |
🔟 Rating for FP Markets | 9/10 |
💯 Trust score for FP Markets | 81% |
Geolocation of Traders
Most of FP Markets’ market share is concentrated in these areas:
- ✅ Spain – 30.68%
- ✅ Italy – 10.57%
- ✅ United Kingdom – 9.94%
- ✅ Canada – 5.02%
- ✅ Poland – 4.59%
FP Markets Current Expansion Focus
- ✅ FP Markets is currently focusing on Cyprus and Australia.
Countries not accepted by FP Markets
FP Markets does not serve these areas:
- ✅ United States
- ✅ New Zealand
- ✅ Japan
Popularity among traders who choose FP Markets
FP Markets is a well-regulated and reputable broker and rebates provider that ranks in the Top 100 CFD and forex brokers.
Advantages that FP Markets has over Competitors
FP Markets has the following advantages over its competitors:
- ✅ FP Markets is a reputable CFD, forex, and rebate company with over sixteen years of expertise in offering internet trading services.
- ✅ Several reputable liquidity providers give you access to the best and most accurate quotes.
- ✅ There are ultra-tight spreads from 0.0 pips on major instruments.
- ✅ FP Markets offers high-quality training and analytical resources, making it possible to build trading abilities and create predictions according to all applicable regulations.
- ✅ Tier 1 and 2 licenses ensure client money security and the timely settlement of contentious matters.
FP Markets offers more than 10,000 financial instruments that can be traded.
Who will Benefit from Trading with FP Markets?
Traders new to the trading industry may find FP Markets a bit daunting. However, individuals with some expertise (or more) will find this broker a good option.
Furthermore, the variety of platforms and account types, as well as the training materials and trader-centric tools, suggest that FP Markets caters to traders of all levels of expertise.
How to Maximize Your Savings with Forex Trading Rebates at FP Markets
- ✅ FP Markets has different commission tiers based on the trader’s location. If you have a global audience, strategically target your marketing efforts towards countries in higher-paying tiers to maximize your commission.
- ✅ FP Markets offers sophisticated analytics tools that allow you to track your performance in real-time. Use this information to determine which strategies are most effective at generating high trading volumes and, as a result, higher rebates.
- ✅ FP Markets offers a one-of-a-kind Hybrid Affiliate Program that combines CPA and volume-based rebates. Understanding the nuances of both allows you to tailor your referral strategies to capitalize on the strengths of each model.
- ✅ For higher conversions, FP Markets emphasizes fast client onboarding. Ensure your referral funnel is set up to capitalize on this by providing quick-start guides or video tutorials to assist new traders in getting started quickly.
- ✅ For its Introducing Brokers and Affiliates, FP Markets provides a robust portal. Access marketing tools and real-time data through these portals to help you fine-tune your strategies and maximize rebates.
Can I use a trading robot to maximize forex trading rebates at FP Markets?
Yes, using a trading robot can assist you in increasing your trading volumes and, as a result, earning more rebates at FP Markets.
Can I maximize rebates by trading on multiple platforms at FP Markets?
No, your chosen platform does not affect your ability to earn rebates calculated based on trading volume.
FP Markets Regulation and Safety of Funds
FP Markets Global Regulations
🔎 Registered Entity | 🌎 Country of Registration | 📌 Registration Number | 📍 Regulatory Entity | 📈 Tier | ➡️ License Number/Ref |
🅰️ First Prudential Markets Pty Ltd | Australia | ABN 16112600281 | ASIC | 1 | AFSL 286354 |
🅱️ First Prudential Markets Ltd | Cyprus | HE372179 | CySEC | 2 | 371/18 |
How FP Markets Protects Traders and Client Funds
🔎 Security Measure | ℹ️ Information |
🔒 Segregated Accounts | ✅ Yes |
🔏 Compensation Fund Member | ✅ Yes |
🔐 Compensation Amount | 20,000 EUR (Only European clients are eligible) |
🔓 SSL Certificate | ✅ Yes |
🔒 2FA (Where Applicable) | ✅ Yes |
🔏 Privacy Policy in Place | ✅ Yes |
🔐 Risk Warning Provided | ✅ Yes |
🔓 Negative Balance Protection | ✅ Yes |
🔒 Guaranteed Stop-Loss Orders | ✅ Yes |
FP Markets prioritizes safety and security, operating within strict regulatory frameworks to ensure compliance with international standards. This regulation adherence provides traders with an additional layer of trust and security.
In addition to regulatory compliance, the broker keeps client funds separate from the company’s operational finances in segregated accounts with top-tier banks. This adds a layer of financial security for traders.
FP Markets uses advanced encryption technologies to protect data and financial transactions on its trading platforms. To help traders manage their risks effectively, the broker also provides various integrated risk management tools, such as stop-loss and take-profit options.
Two-factor authentication is available during login for added security against unauthorized account access.
Furthermore, FP Markets is subjected to independent third-party financial audits regularly to ensure compliance with financial standards and the integrity of client funds.
The broker also provides 24-hour customer service and dedicated conversion specialists to help traders with security concerns. Overall, FP Markets’ comprehensive safety and security measures ensure a safe and dependable trading environment.
Does FP Markets offer segregated accounts for client funds?
Yes, FP Markets provides segregated accounts, ensuring client funds are kept separate from the company’s operational funds.
Is there an investor compensation scheme at FP Markets?
Yes, there is. However, only FP Markets’ European entity is a member of an Investor compensation fund.
FP Markets Awards and Recognition
According to FP Markets’ website, the company has been recognized for the following honors in recent years as a broker:
- ✅ #1 Most Satisfied Traders – FP Markets is a 6x winner.
- ✅ #1 Best Trade Execution – FP Markets has won this award four times.
- ✅ Best Customer Support – awarded by Investment Trends Report.
- ✅ #1 Best CFD Broker 2022.
- ✅ Best Broker for Customer Support in 2020.
- ✅ #1 Best Education Material – FP Markets won this award twice.
Finally, FP Markets was awarded Best Value Global Forex Broker – awarded during the Global Forex Awards in 2019.
FP Markets Account Types and Features
FP Markets offers flexible account options to suit the needs of different forex rebates traders, including:
- ✅ MT4/5 Standard Account
- ✅ MT4/5 Raw Account
- ✅ MT4/5 Islamic Standard Account
- ✅ MT4/5 Islamic Raw Account
The FP Markets Standard trading account enables you to trade a variety of financial items, including forex, indices, and commodities. As a result, this account is suited to most traders regardless of their trading strategies. The Raw Accounts are ideal for seasoned traders who want access to raw market pricing and ultra-low spreads. Lastly, Islamic Accounts are offered in both Standard and Raw versions for traders who adhere to Islamic financial rules.
🔎 Live Account | 💴 Minimum Dep. | 📈 Average Spread | 💶 Commissions | 💷 Average Trading Cost |
🥇 Standard | AU$ 100 | 1 pip | None | 10 USD |
🥈 Raw | AU$ 100 | 0.0 pips | US$3 per side | 7 USD |
🥉 Islamic Standard | AU$ 100 | 1 pip | None | 10 USD |
🏅 Islamic Raw | AU$ 100 | 0.0 pips | US$3 per side | 7 USD |
FP Markets MT4/5 Standard Account
This account type is ideal for new and infrequent traders. It has an easy-to-use interface and charges no commission on trades. Spreads begin at 1.0 pips, offering access to financial instruments such as Forex, commodities, and indices.
🔎 Account Feature | ℹ️ Value |
💴 Minimum Deposit | AU$ 100 |
📈 Average Spreads | Variable, from 1 pip |
📉 Maximum Leverage Ratio | 1:500 |
📊 Execution Type | ECN |
➡️ Commissions | None |
↪️ Rebates EAs Offered | ✅ Yes |
📱 Mobile App Offered | ✅ Yes |
📌 VPS Available | ✅ Yes |
FP Markets MT4/5 Raw Account
The Raw account, aimed at experienced traders, offers tighter spreads starting at 0.0 pips but comes with a commission per lot traded. This account is ideal for scalpers and high-volume traders looking for a low-cost trading environment.
🔎 Account Feature | ℹ️ Value |
💴 Minimum Deposit | AU$ 100 |
📈 Average Spreads | Variable, from 0.0 pips |
📉 Maximum Leverage Ratio | 1:500 |
📊 Execution Type | ECN |
➡️ Commissions | US$3 per side |
↪️ Rebates EAs Offered | ✅ Yes |
📱 Mobile App Offered | ✅ Yes |
📌 VPS Available | ✅ Yes |
FP Markets MT4/5 Islamic Standard Account
This account is intended for traders who want to adhere to Islamic finance principles. It has all the benefits of a Standard account but does not pay swap or rollover interest on overnight positions, making it Shariah-compliant.
🔎 Account Feature | ℹ️ Value |
💴 Minimum Deposit | AU$ 100 |
📈 Average Spreads | Variable, from 1 pip |
📉 Maximum Leverage Ratio | 1:500 |
📊 Execution Type | ECN |
➡️ Commissions | None |
📌 Rebates EAs Offered | ✅ Yes |
📱 Mobile App Offered | ✅ Yes |
📍 VPS Available | ✅ Yes |
FP Markets MT4/5 Islamic Raw Account
This account, like the Islamic Standard account, follows Islamic finance principles. It has all the advantages of a Raw account, such as low spreads and a commission per lot, but no swap or rollover interest on overnight positions.
🔎 Account Feature | ℹ️ Value |
💴 Minimum Deposit | AU$ 100 |
📈 Average Spreads | Variable, from 0.0 pips |
📉 Maximum Leverage Ratio | 1:500 |
📊 Execution Type | ECN |
➡️ Commissions | US$3 per side |
📌 Rebates EAs Offered | ✅ Yes |
📱 Mobile App Offered | ✅ Yes |
📍 VPS Available | ✅ Yes |
FP Markets Demo Account
FP Markets provides a comprehensive demo account that simulates real-time trading conditions without putting real money at risk. This free demo account intends to provide traders with an authentic experience on the MetaTrader 4 platform.
Unlike live trading, where your money is at stake, FP Markets’ demo account allows you to trade without risk. The following are some of the key features of FP Markets’ demo account:
- ✅ The demo account is designed to replicate live trading conditions, providing traders with a realistic market experience without risking their money.
- ✅ The demo account at FP Markets has no time limit. You can use it for as long as you need to hone your trading skills.
- ✅ The demo account is available across all platforms, allowing traders to select the platform that best suits their needs.
- ✅ Within the demo environment, traders can choose between Standard and Raw account types.
- ✅ If you enjoy algorithmic trading, FP Markets allows you to use Expert Advisors (EAs) on their demo accounts to automate your trading strategies.
- ✅ When you sign up for the demo account, you are given a substantial $100,000 starting balance. Furthermore, when signing up for the MT4/MT5 demo account, you can select a lower initial balance if you prefer.
There are no restrictions on the number of demo accounts you can open with FP Markets. This is useful for those who want to simultaneously test multiple strategies or trading approaches.
FP Markets Professional Account
FP Markets offers an Islamic account for Muslim traders who cannot earn or pay interest due to religious beliefs. This account adheres to Islamic finance principles and is also known as a swap-free account.
The Islamic forex trading environment is intended to promote halal trading, and Islamic account holders are not charged overnight/swap fees on leveraged positions. Instead, an administration fee is charged to the account holder on positions, which is deducted from the account balance.
FP Markets offers three Islamic accounts: Islamic Standard Account, Islamic Raw Account, and Islamic Demo Account.
The account can be opened by creating a MetaTrader 4 or MetaTrader 5 (MT4/MT5) trading account, then emailing the account number and requesting that it be converted to Islamic.
It is important to note that FP Markets reserves the right to request additional documentation before granting an account swap-free privilege.
FP Markets PAMM/MAM Accounts
FP Markets is a major Australian CFD & Forex broker, and the FP Markets multi-account manager gives managers the power they need to maximize results. Managed Accounts provide customers with the option of having a portfolio manager trade all of their accounts (referred to as “sub-accounts”) as if they were one “Master Account.”
How to open an Account with FP Markets
To register a live trading account with FP Markets, you can follow these steps:
- ✅ Click the “Open Live Account” button on the FP Markets website.
- ✅ Include your name, email address, and telephone number in the registration form.
- ✅ Select the account type that best suits your trading requirements. FP Markets offers a variety of account types, including the Standard Account, the Raw Account, and the Islamic Account.
- ✅ Submit the required identification and address verification documents. This may include a passport, national identification card, or driver’s license.
- ✅ Until your account is verified, you must wait. Typically, this procedure requires one day.
After account verification, you may deposit funds and begin trading.
Does FP Markets offer Islamic accounts?
Yes, FP Markets provides Islamic accounts that adhere to Sharia law.
Does FP Markets offer any risk management features?
Yes, FP Markets provides risk management tools such as stop-loss and take-profit orders.
FP Markets Trading Platforms
FP Markets offers traders a choice between these trading platforms:
- ✅ MetaTrader 4
- ✅ MetaTrader 5
- ✅ Myfxbook AutoTrade
- ✅ FP Markets App
FP Markets MetaTrader 4
MetaTrader 4 is fully integrated with FP Markets’ trading conditions and features. A user-friendly interface, low spreads, and fast execution speeds make FP Markets a good choice for new and experienced traders.
MetaTrader 4 lets traders trade over 60 forex pairs, precious metals, indices, and commodities from FP Markets. EAs are supported on the platform, aligning with FP Markets’ focus on automated trading.
Furthermore, the platform’s powerful charting tools and technical indicators work seamlessly with FP Markets’ ECN pricing model, making trading efficient and reliable.
FP Markets MetaTrader 5
MetaTrader 5 has advanced features and trading functions for FP Markets’ diverse trading conditions. The platform allows traders to access additional timeframes and technical indicators, enhancing their market analysis capabilities.
MetaTrader 5, like its predecessor, supports FP Markets’ ECN execution model for low slippage and fast trading. FP Markets traders can also trade shares and bonds on the platform, expanding their investment options.
In addition, MetaTrader 5’s integration with FP Markets’ low-commission Raw accounts attracts high-volume and professional traders.
FP Markets Myfxbook AutoTrade
Social trading platform Myfxbook AutoTrade integrates seamlessly with FP Markets’ trading conditions to offer traders an alternative forex trading option.
FP Markets’ diverse trading solutions include Myfxbook AutoTrade, which lets traders copy successful traders’ strategies. FP Markets’ segregated accounts and advanced encryption complement the platform’s risk management tools. This creates a safe and transparent social trading environment.
FP Markets App
The FP Markets App lets traders manage their accounts and trade on the go with the broker’s great trading conditions. The app integrates with FP Markets’ low spreads and fast execution times to simplify trading.
It also includes stop-loss and take-profit options to protect traders, like FP Markets. The app works for Standard and Raw accounts, making it versatile for traders of different risk appetites and strategies.
FP Markets cTrader
FP Markets also offers cTrader for algorithmic traders. The clean, intuitive interface works well with FP Markets’ ECN trading conditions. The platform improves market visibility and analysis with Level II pricing and advanced charting.
In addition, cAlgo lets traders create and execute algorithmic trading strategies in cTrader. This matches FP Markets’ VPS services, which keep automated strategies running 24/7.
Overall, cTrader’s sophisticated trading environment matches FP Markets’ commitment to advanced trading tools and features.
Is automated trading supported on FP Markets’ platforms?
Yes, automated trading is available on the FP Markets MetaTrader platforms via Expert Advisors (EAs).
Is social trading available at FP Markets?
Yes, FP Markets support social trading features.
Which Markets Can You Trade with FP Markets?
Traders can expect the following range of markets from FP Markets:
- ✅ Forex
- ✅ Shares
- ✅ Metals
- ✅ Commodities
- ✅ Indices
- ✅ Cryptocurrencies
- ✅ Bonds
Financial Instruments and Leverage offered by FP Markets
🔎 Instrument | 🅰️ Number of Assets Offered | 🅱️ Max Leverage Offered |
📈 Forex | 60 | 1:500 |
💎 Precious Metals | 3 | 1:500 |
📉 Indices | 17 | 1:200 |
🪙 Cryptocurrency | 11 | 1:5 |
💡 Energies | 4 | 1:200 |
📊 Bonds | 2 | n/a |
🍂 Agricultural Commodities | 5 | 1:200 |
What are the margin requirements at FP Markets?
Margin requirements vary depending on the financial instrument and account type at FP Markets.
Does FP Markets offer any leverage on cryptocurrency trading?
Yes, FP Markets provides cryptocurrency trading leverage, but it is lower than in Forex.
FP Markets Trading and Non-Trading Fees
Spreads
FP Markets is a trustworthy ECN rebate and STP broker that offers variable spreads on all trading accounts. The variable spreads that traders can expect will vary depending on the account used, the financial instrument traded, and overall market conditions.
However, some typical spreads according to the account type are as follows:
- ✅ MT4/5 Standard Account – 1 pip EUR/USD
- ✅ MT4/5 Raw Account – 0.0 pips EUR/USD
- ✅MT4/5 Islamic Standard Account – 1 pip EUR/USD
- ✅MT4/5 Islamic Raw Account – 0.0 pips EUR/USD
Commissions
While FP Markets provides traders with commission-free options, commission costs are imposed on zero-spread accounts to pay the broker’s fee for executing the deal. This is how these commissions are applied:
- ✅ MT4/5 Raw Account – US$3 per side
- ✅ MT4/5 Islamic Raw Account – US$3 per side
Overnight Fees, Rollovers, or Swaps
FP Markets demonstrates transparency by posting all exchange rates for each instrument on its website. Furthermore, the company calculates swap costs by adding a markup to current bank interest rates, incorporated into overall broker fees.
Overnight fees are calculated using the timestamp of the trading platform and applied to positions that have been open for more than 24 hours. These fees can be positive or negative depending on the interest rate differential between the two currencies.
Investors in specific currency pairs should know the possibility of negative exchange rates. Fortunately, MetaTrader 4 and 5 automatically compute swaps, relieving traders of this concern.
Deposit and Withdrawal Fees
When traders make deposits to their trading accounts, FP Markets does not apply any deposit fees. However, when withdrawing funds, traders must note that the following withdrawal fees are charged:
- ✅ Neteller – 1% up to $30
- ✅ Skrill – 1% + Country Fees
- ✅ Fasapay – 0.50%
- ✅PayTrust – 1.5%
- ✅ Dragonpay – 1.5%
- ✅ Perfect Money – 0.5%
- ✅ Sticpay – 5% for Bank Wire, 2.5% for a wallet
- ✅ Rupee Payments – 5.75%
- ✅ Rapid transfer – 1%
- ✅ Virtual Pay – 2%
- ✅XPAY – 1.5% (no fee on THB)
- ✅ Pagsmile – 3%
- ✅Pay Retailers – 2.50%
- ✅Bank Transfer – 3.75%
- ✅ Local Bank Transfer (QR Code) – 1%
- ✅ Online Banking – 1.5%
Inactivity Fees
- ✅FP Markets do not charge inactivity fees.
Currency Conversion Fees
- ✅ FP Markets could charge currency conversion fees when traders deposit or withdraw in currencies different from their base account currency.
Does FP Markets charge any withdrawal fees?
Yes, FP Markets charges withdrawal fees on several payment methods.
Are there any fees for account maintenance at FP Markets?
No, there are no account maintenance fees at FP Markets.
Calculating Forex Trading Rebates with FP Markets
FP Markets has a multi-tiered affiliate reward structure in place to accommodate a wide range of partners from various countries. The structure is divided into three distinct tiers with eligibility requirements and commission rates.
- ✅ Tier 1 countries, which include Australia, Canada, and Denmark, have a commission rate of $450 per qualified client. This tier is intended for affiliates who can access markets typically regarded as more profitable regarding trading volume and client quality.
- ✅ Tier 2 is intended for Austria, the Czech Republic, and Finland. Affiliates targeting these markets can expect to earn $350 per qualified client brought in. This tier takes a balanced approach, offering significant rewards while expanding the broker’s reach into emerging markets.
- ✅ Tier 3 includes all other countries and offers a $225 commission per qualified client. This tier is an entry point for affiliates seeking to explore less saturated markets with a lower but competitive commission rate.
FP Markets offers a Hybrid Reward Structure and a standard commission-based structure.
- ✅ Affiliates in Tier 1 can earn a CPA commission of $200 per qualified client under this hybrid model. They can also earn a volume rebate of up to $1.25 per lot traded on Raw accounts and a spread share of up to 30% on Standard accounts.
- ✅ In the hybrid model, Tiers 2 and 3 offer CPA commissions of $150 and $100 per qualified client, respectively. Both tiers provide the same volume rebates as Tier 1: up to $1.25 per lot for Raw accounts and up to 30% spread share for Standard accounts.
To understand this better, here are two hypothetical examples of how rebates are calculated:
Tier 1 Affiliate with 10 Clients:
- ✅ CPA Commission: 10 clients x $200 = $2,000
- ✅ Volume Rebate (Raw Account): 10 clients x 100 lots each x $1.25 = $1,250
- ✅ Volume Rebate (Standard Account): Assume an average spread cost of $10 per trade, 10 clients x 100 trades each x $10 x 30% = $3,000
- ✅ Total Earnings: $2,000 (CPA) + $1,250 (Volume Rebate Raw) + $3,000 (Volume Rebate Standard) = $6,250
Tier 2 Affiliate with 5 Clients:
- ✅ CPA Commission: 5 clients x $150 = $750
- ✅ Volume Rebate (Raw Account): 5 clients x 100 lots each x $1.25 = $625
- ✅ Volume Rebate (Standard Account): Assume an average spread cost of $10 per trade, 5 clients x 100 trades each x $10 x 30% = $1,500
- ✅ Total Earnings: $750 (CPA) + $625 (Volume Rebate Raw) + $1,500 (Volume Rebate Standard) = $2,875
Is there a rebate calculator available at FP Markets?
No, according to the most recent information, FP Markets does not have a dedicated rebate calculator.
Is the FP Markets rebate rate fixed or variable at FP Markets?
The rebate rate at FP Markets is typically fixed, but it may change depending on the terms and conditions.
Claiming and Withdrawing Forex Rebates at FP Markets
Understanding how to claim and withdraw Forex rebates at FP Markets is critical for traders who want to maximize their earnings. FP Markets provides a streamlined, transparent, and efficient process.
How to Deposit Funds with FP Markets
- ✅ Log in to your FP Markets client portal to begin the deposit process.
- ✅ Go to ‘Funds Management.’
- ✅ After logging in, navigate to the ‘Funds Management’ section to see the available deposit options.
- ✅ Choose your preferred deposit method, such as a bank transfer, credit/debit card, or e-wallet.
- ✅ Follow the on-screen prompts and instructions to complete the transaction.
After you deposit funds, you can begin trading and earning rebates based on your trading volume.
FP Markets Fund and Rebate Withdrawal Process
- ✅ Go to your FP Markets Client Portal and select Withdrawal.
- ✅ Go to ‘Withdraw Funds.’
- ✅ To view withdrawal options, go to the ‘Withdraw Funds’ section.
- ✅ Due to regulatory requirements, your preferred withdrawal method should be the same as your deposit method.
- ✅ Follow the on-screen instructions to withdraw your trading funds and any earned rebates.
The process for withdrawing rebates varies depending on your account type and the rebate structure you are enrolled in. Rebates are typically credited to your trading account and can be withdrawn alongside your trading profits.
Furthermore, some rebate programs may have specific withdrawal schedules or minimum withdrawal amounts, so it is important to read the terms and conditions carefully.
How long does it take to process a rebate withdrawal at FP Markets?
Rebate withdrawals are typically processed in the same timeframe as regular withdrawals at FP Markets.
Can I convert my rebates into trading bonuses at FP Markets?
No, according to the most recent information, FP Markets does not allow you to convert rebates into trading bonuses.
FP Markets Education and Research
Education
FP Markets offers the following Educational Materials:
- ✅ Trading Courses Videos
- ✅ Webinars
- ✅ Podcasts
- ✅ Events
- ✅ Platform Video Tutorials
- ✅ eBooks
- ✅ Glossary
- ✅ Newsletter
Research
FP Markets offers traders the following Research and Trading Tools:
- ✅ Trader’s Hub
- ✅ Trading Knowledge
- ✅ Technical Analysis
- ✅ Fundamental Analysis
- ✅ Economic Calendar
- ✅ Forex Calculator
- ✅ Traders Hub Blog
How to open an Affiliate Account with FP Markets
To register an Affiliate Account with FP Markets, traders can follow these steps:
- ✅ On the official FP Markets website, scroll down to the section under “Partners.”
- ✅ After selecting an option, a new page will load.
- ✅ Select “Affiliate” from the drop-down option under the red “Join Now” banner.
- ✅ Include your first and last name, email address, country of residence, and mobile phone number.
- ✅ Next, input the user’s selected Username and Password.
- ✅ Describe how you propose to promote FP Markets through your website, social media, as a signal provider, Google, pay-per-click, or any other way.
- ✅ Enter the URLs of your social media profiles and websites here.
- ✅ Indicate whether you associate with other brokers and how many clients you refer each month.
- ✅ Select your expected total deposits and indicate how long you have been a member (if you are an existing affiliate with other brokers).
- ✅ Define the regions that you want to target.
Before clicking “Apply Now,” read and accept the Affiliate Terms & Conditions.
FP Markets Affiliate Program Features
FP Markets boasts one of the most successful partnership programs in the industry, designed to reward brokers and partners who refer new clients to the company. In addition to offering affiliates the opportunity to earn up to $800 CPA, FP Markets also provides a range of bonuses and features, including:
- ✅ Real-time tracking technology
- ✅ Advanced and transparent reporting
- ✅ Access to a dedicated conversion consultant
- ✅ Multilingual marketing materials
- ✅ Personalized agreements
- ✅ Introducing broker and affiliate portals
- ✅ Prompt and reliable payments
FP Markets Customer Support
- ✅ Traders can contact FP Markets’ customer support 24/7 by using any of these channels:
- ✅ Email: You can email the FP Markets customer support team.
- ✅ Phone: You can call the FP Markets customer support team on the Australian or International number
- ✅ Live chat: You can also contact FP Markets customer support through live chat on their website.
Finally, an online Contact form You can fill out the contact form on the FP Markets website to contact the customer support team.
Is FP Markets’ customer support available 24/7?
Yes, FP Markets’ customer service is available 24 hours a day, seven days a week.
Does FP Markets offer technical support for its trading platforms?
Yes, FP Markets provides technical support for its trading platforms.
FP Markets Alternatives
- 🥇 Exness was created in 2008 and is a joint brand name of Seychelles-registered Securities Dealer Nymstar Limited. The broker allows customers to trade on more than 200 financial CFD products, including Forex, Shares, Indices, Energies, Metals, and Cryptocurrencies, using its WebTrader platform and the well-recognized MetaTrader 4 and MetaTrader 5 platforms for Web, Windows, and Mac.
- 🥈 BDSwiss provides trading in a vast array of assets via its user-friendly online and mobile interfaces and the famous MetaTrader platform. BDSwiss was founded in 2012 and has already amassed over a million customers globally. More than 1000 assets are accessible for trading, including forex, commodities, shares, indices, cryptocurrencies, and ETFs.
- 🥉 Tickmill was established in 2014 and offers more than eighty CFD trading products, including Forex, Indices, Commodities, and Bonds, through three primary trading accounts: the Pro Account, Classic Account, and VIP Account. In addition, they provide trial trading accounts and swap-free Islamic accounts.
FP Markets VPS Review
Forex traders may execute automated algorithmic strategies, including EAs, on FP Markets’ VPS hosting for MetaTrader 4 and MetaTrader 5. Any worries about downtime influencing trades are minimized, and any trading platform troubles on operating systems due to an internet connection or Windows server are much diminished.
FP Markets teamed with Liquidity Connect to give customers a customized, ultra-low-latency solution to reduce slippage. Using robust and innovative technology, the FP Markets VPS plan instantly links traders to the Equinix NY4 grid, assuring transaction executions in milliseconds.
This server-side solution incorporates innovative hardware and virtualization technologies, giving a solution without the expense or complication of conventional clustering alternatives.
Furthermore, the core infrastructure is housed in the Equinix New York datacentre, benefiting Active and Algorithmic traders using rebate EAs.
FP Markets Web Traffic Report
🌎 Global Rank | 104,419 |
🅰️ Country Rank | 13,587 |
🅱️ Category Rank | 70 |
📌 Total Visits | 479.2K |
📍 Bounce Rate | 38.05% |
↪️ Pages per Visit | 4.00 |
➡️ Average Duration of Visit | 00:06:29 |
✔️ Total Visits in the last three months | October – 346K November 400.6K December – 479.2K |
FP Markets vs. Other Notable Brokers
🔎 Broker | 🥇 FP Markets | 🥈 XM | 🥉 FXCM |
🪙 Cent Accounts | None | None | None |
📈 Commissions | From US$3 | $1 to $9 | $25 per $1m traded |
📉 Customer Service Hours | 24/7 | 24/5 | 24/5 |
🆓 Demo Account | ✅ Yes | ✅ Yes | ✅ Yes |
💳 Instant Withdrawals | ✅ Yes | ✅ Yes | ✅ Yes |
☪️ Islamic Account | ✅ Yes | ✅ Yes | ✅ Yes |
⏰ Max. Withdrawal Time | Up to 5 working days | 5 working days | Up to 2 working days |
↪️ Maximum Trade Size | 50 lots | 100 lots | 50 million per trade on Forex |
💷 Min Deposit | AU$ 100 | $5 | $50 |
🕰️ Min. Withdrawal Time | Instant | 1 working day | Instant |
✳️ Minimum Trade Size | 0.01 lots | 0.01 lots | 0.01 lots |
🎁 No-Deposit Bonus | None | None | None |
💻 Order Execution | Market | Market, Instant | Market |
🔟 Retail Investor Accounts | 4 | 4 | 1 |
📌 Spread | 0.0 pips | 0.0 pips | From 0.2 pips EUR/USD |
📍 Withdrawal Fee | ✅ Yes | None | ✅ Yes |
FP Markets Pros and Cons
✅ Pros | ❎ Cons |
FP Markets has over 15 years of extensive experience in providing online trading services | The design of the MT4 web and desktop trading platforms is out-of-date |
FP Markets offers several investment opportunities | The verification process can be complicated |
There is a lucrative affiliate and IB program with attractive commissions and rebates | Educational content is scarce for intermediate to advanced traders |
FP Markets' trading conditions are favorable, with low Forex and non-trading fees | There is no cent account type available |
Order execution is lightning-fast, taking only 40 milliseconds | Forex, CFDs (equities, indices, metals), and cryptocurrencies dominate the product offering |
Over 10,000 trading instruments are available, including Forex, cryptocurrencies, share CFDs, Indices, Commodities, and Precious Metals | Inconsistent quality of research tools, especially in fundamental data, news, and charting |
FP Markets is well-regulated and has a good reputation in the industry | Fees for international bank withdrawals are exorbitant |
FP Markets Customer Reviews
🥇 Top Broker.
In a nutshell, this is one of the top brokers I am aware of due to its excellent leverage, product diversity, many deposit and withdrawal options, and efficient customer support. In the case of my account, a regulation NOT European (ESMA, CySEC, etc.) ensures complete trust in my finances. – Stephanie Klein
🥈 Highly Trusted.
A trusted broker. 10/10 for customer service. Never a problem with deposits or withdrawals. No slippage on SL or trade on typical trading days; just on sell stops or buy stops during major news events, which is perfectly usual; otherwise, everything is fine up to this point. – Myah Dickerson
🥉 Absolutely amazing broker.
Absolutely amazing broker. With a zero account, withdrawal requests took just a few minutes and had a favorable spread and cheaper commission. In addition, the client portal is very navigable and user-friendly. Sincerely, I will continue to work with this trustworthy broker in the near future. No objections if you are looking for a reputable broker. – Lena Francis
Legal and Tax Implications and Understanding Forex Trading Rebates with FP Markets
Forex traders considering FP Markets must understand forex rebate legal and tax implications. The broker offers various rebate structures to encourage trading, but it is important to understand how these financial benefits are taxed and classified.
Lawyers consider rebates a broker incentive to encourage trading. However, traders should know that these rebates may have eligibility or trading volume requirements. You must read and understand these terms to comply and avoid legal issues.
Traders should also be aware of conflicts of interest, especially if the rebate structure encourages high-frequency trading that is not their risk profile.
Tax implications are also important. In some places, trading rebates are taxable. Tax consequences vary depending on whether these rebates are discounts, commission returns, or additional income.
If the rebate is income, the trader might pay income tax at their rate. If it is a rebate, it may lower the trade’s cost basis, affecting capital gains or losses.
Due to the complexity of tax laws, which vary by jurisdiction, traders should consult a tax professional to understand how forex trading rebates are taxed in their country. This helps traders meet tax obligations and comply with local laws.
Does FP Markets provide tax documentation for forex trading rebates?
Yes, upon request, FP Markets can provide documentation outlining your earned rebates for tax purposes.
Does FP Markets offer any legal guidance on forex trading rebates?
No, FP Markets does not provide legal advice on forex trading rebates, and it is recommended that you consult a tax professional.
Risks and Limitations of Forex Trading Rebates at FP Markets
Forex trading rebates can help traders cover some of their costs, but they come with risks and limitations, especially when trading with FP Markets.
Overtrading is a major risk. Rebates can tempt traders to trade more, increasing gains and losses. Overtrading can also cause traders to focus more on rebates than strategy.
Another drawback is trading volume-based rebates. Larger or more frequent traders will benefit more from rebates. The rebates may not boost profitability for traders with smaller accounts. High-volume trading to earn rebates may increase market volatility and risk.
Rebates rarely replace good trading practices. Traders should develop a solid trading strategy instead of using rebates to make money. Rebates should be a bonus, not a main income source.
The rebate program structure may also be limited. Depending on the trader’s country, FP Markets offers different rebate tiers. Trading costs may rise if traders from certain countries are not eligible for the highest rebate tier due to this geographical restriction.
Finally, traders must understand rebate program terms. Like many brokers, FP Markets has rebate rules and requirements for traders. Rebates may be forfeited if not followed.
Are there any limitations on using forex trading rebates at FP Markets?
Yes, restrictions may include minimum trading volumes and other criteria outlined in the terms and conditions of FP Markets.
Can forex trading rebates at FP Markets be revoked?
Yes, if fraudulent activity is suspected, FP Markets reserves the right to revoke forex trading rebates.
Strategies to Maximize Rebates with FP Markets
FP Markets offers a variety of marketing tools, including content feeds and eBooks. Use these resources to create dynamic content that educates and encourages potential traders to trade more, increasing your rebates.
- ✅ FP Markets provides diverse trading products, including global CFDs on Forex, commodities, and equities. Instead of general forex trading, focus on niche financial instruments your target audience may be interested in, which can lead to higher trading volumes.
- ✅ FP Markets provides conversion specialists to assist you in optimizing your strategies. Consult with them regularly to learn about the best practices and latest trends in forex trading that can help you maximize your rebates.
- ✅ Use FP Markets’ advanced real-time tracking technology to automate your referral tracking. This allows you to concentrate on strategy and content creation rather than getting bogged down in the minutiae of manually tracking each referral.
Financial markets frequently react to global events and seasons. Use these opportunities to offer special promotions or educational content encouraging trading, increasing trading volumes, and potential rebates.
Is it beneficial to trade specific currency pairs to maximize rebates at FP Markets?
Yes, trading higher-volume currency pairs may provide more opportunities to earn rebates.
Is scalping a good strategy to maximize forex trading rebates at FP Markets?
Yes, because of the high volume of trades, scalping can be an effective strategy for maximizing forex trading rebates at FP Markets.
Recommendation for Improving FP Markets Cashback Rebates
FP Markets is trusted and offers rebates traders a range of powerful tools and resources to refine trading strategies that they use to trade higher volumes to earn more forex rebates. However, there are some improvements, including offering calculators specifically geared towards rebates, including:
- ✅ The rebate program is currently limited to specific financial instruments. Extending the program to include additional markets, such as bonds and ETFs, may attract a broader range of traders.
- ✅ Lowering the minimum amount required for rebate withdrawals may make the program more accessible, particularly for traders with smaller account sizes.
- ✅ Providing educational content focused specifically on how to maximize rebate earnings could assist traders in making the most of the program.
- ✅ Introducing promotional periods during which traders can earn additional rebates may increase trading activity and attract new users to the platform.
- ✅ Offering rebates in multiple currencies could cater to the diverse, global customer base of FP Markets.
However, despite this, traders can expect dedicated customer support, a safe trading environment, and frequent cashback payments in the form of spread or commission reductions.
Our Review Methodology: For each of our broker evaluations, we investigate, evaluate, analyze, and compare what we feel to be the most crucial criteria to consider when selecting a broker. This evaluation comprises positives, disadvantages, and an overall score based on our findings. We want to assist you in locating the ideal broker for your requirements. Our broker review should not be considered financial advice. However, traders are urged to seek professional financial advice before making investment decisions.
Addendum/Disclosure: No matter how diligently we strive to maintain accuracy, the forex market is a volatile environment that may change at any time, even if the information supplied is correct at the time of going live.
Investor Warning: Foreign currency trading on margin is associated with an elevated risk and may not be appropriate for all investors. Before engaging in foreign currency or Contract for Difference (CFD) trading, you must evaluate your investing goals, expertise, appetite for risk, and willingness to be exposed to risk. In addition, you should not start investing capital you cannot afford to lose because you could lose part of your original investment.
Our Verdict on FP Markets
In our experience, FP Markets’ rebates program offers an intriguing value proposition for both novice and experienced traders.
The program is a win-win situation, as it allows traders to offset some of their trading expenses, which can add up over time. The program’s tiered structure allows for flexibility and can be especially beneficial for high-volume traders.
However, it is critical to approach this feature with a balanced mindset. Our findings show that while rebates can provide extra income, they should not be the only reason you choose FP Markets as your broker.
Consider the overall trading conditions, the variety of financial instruments available, and the quality of customer service. Furthermore, traders should know that rebates do not replace good trading strategy and risk management.
Frequently Asked Questions
What are forex trading rebates?
Forex trading rebates are incentives to traders in the form of cashback on trading volume. They are used to reduce trading costs and increase profitability.
How do forex trading rebates work with FP Markets?
Forex trading commissions with FP Markets are calculated based on trading volume. They are available for various financial instruments, including Forex, with different rates for Raw and Standard accounts.
Are forex trading rebates taxable?
Forex trading commissions may be taxed depending on your jurisdiction and should be reported as income. For specific advice, consult a tax advisor.
Are there any limitations or restrictions on using forex trading rebates?
Minimum trading volumes, eligible financial instruments, and specific account types may all be limitations or restrictions on using forex trading rebates.
Can I withdraw my FP Markets rebates?
Yes, you can withdraw your rebates from FP Markets.
Are there any requirements to be eligible for forex trading rebates with FP Markets?
To be eligible for forex trading rebates with FP Markets, you must generally have an active trading account and meet the broker’s minimum trading volume requirements.
Is there a minimum trading volume required to qualify for FP Markets rebates?
Yes, a minimum trading volume is usually required to qualify for FP Markets rebates.
Can I combine forex trading rebates with other promotions or bonuses FP Markets offers?
It is subject to FP Markets’ terms and conditions; some promotions may allow the combination of rebates with other bonuses, while others may not.
How are forex trading rebates credited to my account with FP Markets?
Forex trading rebates are typically credited to your FP Markets account and can be withdrawn or used to trade further.
How can I sign up for forex trading rebates with FP Markets?
You can enroll in forex trading rebates through the FP Markets client portal or by contacting customer service.
How do I calculate my FP Markets rebate?
You can calculate your FP Markets rebate using a rebate calculator, which considers your trading volume and the broker’s rebate rate.
How can I track and monitor my forex trading rebates with FP Markets?
Forex trading rebates are frequently tracked and monitored via the FP Markets client portal, where you can view your accrued rebates.
How much can I earn through forex trading rebates with FP Markets?
Partners can earn up to $450 per qualified client or up to $1.25 per lot traded, depending on the affiliate program.
How often are FP Markets rebates paid out?
Rebates from FP Markets are typically paid out monthly.
Are there any fees associated with FP Markets rebates?
No, no fees are associated with FP Markets rebates.
Is the FP Markets rebate program available to all traders?
No, not all traders are eligible for the FP Markets rebate program, and eligibility is determined by factors such as your country of residence and account type.