All Share (J203) = 89 898
Rand / Dollar = 18.24
Rand / Pound = 23.61
Rand / Euro = 19.68
Gold (usd/oz) = 3 078.58
Platinum (usd/oz) = 984.41
Brent (usd/barrel) = 73.18
Trade +10,000 CFDs with Tight Raw Spreads. – Trade Now!

FP Markets Demo Account

FPMarkets - Demo Account
 

FP Markets Demo Account offers a 100% free demo trading account for beginner traders to train on. The Demo account interface is ideal for traders who want to learn to trade without incurring any trading risks or losses. FP Markets practice forex trading in a 100% risk-free environment.

 

Min Deposit

USD 100

Regulators

ASIC, CySEC, FSCA, CMA

Trading Platform

MT4, MT5, Iress Trader, cTrader

Crypto

Yes

Total Pairs

70+

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

 

FP Markets Demo Account – 7 key points quick overview:

  1. ☑️FP Markets at a Glance
  2. ☑️How to set up an FP Markets Demo Account – Step by Step
  3. ☑️FP Markets Demo Account Features
  4. ☑️Customers Review
  5. ☑️Pros and Cons
  6. ☑️Conclusion
  7. ☑️Frequently Asked Questions

 

FP Markets At a Glance

Company Information
📅Year Founded2005
🧑🏻‍💻Amount of staff274
👩‍💻Amount of active tradersOver 200,000
🌐Publicly Traded (Listed Company)No
Regulation and Security
🛡️RegulationASIC, CySEC, FSCA, FSA, FSC, CMA
🌎Country of regulationAustralia, Cyprus
💻Account SegregationYes
🪫Negative balance protectionYes
🔋Investor Protection SchemesYes
Account Types and Features
➕AccountsStandard, Raw ECN, and VIP accounts available
💳Institutional AccountsYes, tailored solutions for institutional clients
👨‍💼Managed AccountsYes, offered through third-party managed account services
📇Minor account currenciesUSD, EUR, GBP, AUD, JPY, and others
💰Minimum Deposit$100 / R1806
Trading Conditions
🕞Average deposit/withdrawal processing timeDeposits are typically processed instantly; withdrawals usually within 1-2 business days
🪙Fund Withdrawal FeeGenerally no fees for withdrawals; may vary based on method
📊Spreads fromSpreads start from 0.0 pips on Raw ECN accounts
💸CommissionsFrom $3.5 per side per lot on Raw ECN accounts
💱Number of base currencies supportedOver 10 base currencies including USD, EUR, GBP, AUD, JPY, and others
🚀Swap FeesSwap fees apply; may vary depending on the position and account type
📈LeverageUp to 1:500 depending on the account type and instrument
📏Margin requirementstypically 0.2% - 1%
☪️Islamic account (swap-free)Yes
💻Demo AccountYes
⌛Order Execution TimeTypically 40-50 milliseconds on Raw ECN accounts
📆VPS HostingYes
Trading Instruments
🧾CFDs-Total OfferedOver 1,000 CFDs across various asset classes
🗠CFD Stock IndicesYes,Major global indices including S&P 500, NASDAQ, FTSE 100, DAX, and more
⚖️CFD CommoditiesYes, Includes commodities such as Gold, Silver, Oil, Natural Gas, and more
📜CFD SharesYes, A wide range of global stocks from major markets including US, UK, EU, and Asia
Deposits and Withdrawals
💳Deposit OptionsCredit/Debit Cards, Bank Transfers, PayPal, Skrill, Neteller, and other e-wallets
💵Withdrawal OptionsBank Transfers, Credit/Debit Cards, PayPal, Skrill, Neteller, and other e-wallets
Trading Platforms and Tools
💻Trading PlatformsMetaTrader 4 (MT4), MetaTrader 5 (MT5), IRESS, cTrader, WebTrader and TradingView
👩‍💻OS CompatibilityWindows, Mac (via emulation), Android, iOS
🖥️Forex trading toolsYes
Customer Support
🗣️Live chat availabilityYes, available 24/7
📱Customer Support email addresssupport@fpmarkets.com
📞Customer Support Contact Number+61 2 8252 6800 (Australia) or +44 20 8068 0760 (UK)
👾Social media PlatformsFacebook, Twitter, Instagram
🗣️Languages supported on WebsiteEnglish, Chinese, Arabic, and other major languages
Educational Resources and Support
🖺Forex courseYes
🧏‍♀️WebinarsYes
📚Educational ResourcesYes
Partnerships and Programs
🪪Affiliate program?Yes
👨‍🏫Amount of partnersOver 100,000 affiliates
📋IB ProgramYes
🏃‍♂️‍➡️Do they sponsor any notable events or teams?Yes
🪙Rebate programYes
👉Open AccountOpen Account

 

How to set up a FP Markets Demo Account – Step by Step

Traders can sign up for a demo account with FP Markets by taking the following simple steps:

 

Step 1 – Select the try demo option.

Navigate to the demo account registration portal by selecting “Try a Demo” from the dropdown sheet on the homepage of the broker’s website.

 

How to set up a FP Markets Demo Account – Step 2

 

Step 2 – Fill out the form.

Provide your personal details on the registration page. These will include your full name, contact number, country of residence, and email address.

 

How to set up a FP Markets Demo Account – Step 2

 

Step 3 – Select a trading platform

Select your preferred trading platform. Users can choose between MetaTrader 4 or Press.

 

How to set up a FP Markets Demo Account – Step 3

 

Step 4 – Create a password

Create and confirm your password.

 

How to set up a FP Markets Demo Account – Step 4

Step 5 – Choose your account type and currency.

Select the account type for which you would like to create the demo version and your preferred account currency.

 

How to set up a FP Markets Demo Account – Step 5

 

Step 6 – Click “Save and Next”

Click “Save and Next” to process the second step, which is to download and install the trading platform.

 

How to set up a FP Markets Demo Account – Step 6

 

Step 7 – Complete the form

After this step has been completed, you will be sent the full login details for your demo account.

 

How to set up a FP Markets Demo Account – Step 7

 

A forex demo account is also referred to as a practice account, which is used for practicing trading or to test a new trading strategy without any risk to actual money. A Forex demo account is also intended for beginners to get familiar with the various aspects of trading.

As such, a demo account will allow traders to learn how to place orders, and manage existing trade positions as well as more advanced functions such as testing or fine-tuning a trading strategy.

If you are new to trading, then it is highly recommended that you first open a forex demo account until you are comfortable with both your trading strategy as well as the intended trading platform itself.

 

FP Markets Demo Account Features

FP Markets Demo Account Features

 

The demo account from FP Markets is funded with virtual currency to allow for risk-free and is available for 30 days. Users are granted full access to the broker’s trading platforms to safely test out the features before opening a real account.

 

Min Deposit

USD 100

Regulators

ASIC, CySEC, FSCA, CMA

Trading Platform

MT4, MT5, Iress Trader, cTrader

Crypto

Yes

Total Pairs

70+

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

 

Customer Reviews

 

FP Markets Pie Chart Customer Reviews

 

🥇 Amazing Broker!

FP Markets is a fantastic brokerage firm. What distinguishes them is their precision, speed in withdrawing funds, and persistence in assisting clients. Their responsive customer service team gives accurate information and real-time solutions. One of their distinctive aspects is their honest approach, which offers the same way for deposit and withdrawal operations, which sets them apart from other brokers in the field. – Mia Mkhize

 

🥈 Great Support.

Thanks to Christos, I had a fantastic experience with FP Markets’ live chat service. He not only comprehended my questions but also provided thoughtful and accurate responses. It is reassuring to have such qualified assistance at my disposal. – Grace Dlamini

 

🥉 Very Happy!

FP Markets responded quickly to my request. My account had been under review for four days, and when I called customer service, Monica helped me get it approved in five minutes. I cannot thank FP Markets enough – their advice has made me a pleased trader. – Joshua Kruger

 

Pros and Cons

✅ Pros❌ Cons
Demo account grants full MetaTrader accessDemo account only available for 30 days
Easy demo account sign-up process

 

Conclusion

FP Markets offers a 100% free demo trading account for beginner traders to train on. The Demo account interface is ideal for traders who want to learn to trade without incurring any trading risks or losses. FP Markets practice forex trading in a 100% risk-free environment.

The demo account from FP Markets is funded with virtual currency to allow for risk-free and is available for 30 days. Users are granted full access to the broker’s trading platforms to safely test out the features before opening a real account.

 

You might also like: FP Markets Review

You might also like: FP Markets Account Types

You might also like: FP Markets Fees and Spreads

You might also like: FP Markets Islamic Account

You might also like: FP Markets Minimum Deposit

 

Frequently Asked Questions

 

Does FP Markets offer a demo account?

Yes, FP Markets does offer a free demo account to explore the broker’s offer and trading platforms.

 

Are Forex demo accounts safe to use?

Yes, Forex demo accounts make use of virtual money, so there is absolutely no risk for traders in using them for training.

 

For how long is the demo account valid?

The demo account by FP Markets is available for 30 days of risk-free trading.

 

What is the difference between a demo and a live trading account?

A demo account offers the use of virtual funds instead of actual capital.

 

Which live trading accounts does FP Markets offer?

Standard & Raw account in the MetaTrader platforms. You can open a Standard, Platinum, or Premier account in the Iress platforms.

 

What are the available deposit currencies for a live trading account?

FP Markets funding currencies for our accounts include AUD, USD, EUR, GBP, SGD, HKD, NZD, CHF, JPY, and CAD.

4.6/5 - (37 votes)

Written by:

Louis Schoeman

Edited by:

Skerdian Meta

Fact checked by:

Arslan Butt

Updated:

November 26, 2024

Written by:

Louis Schoeman

Featured SA Shares Writer and Forex Analyst.

I am an expert in brokerage safety, adept at spotting scam brokers in mere seconds. My guidance, rooted in my firsthand experience with brokers and an in-depth understanding of the regulatory framework, has safeguarded hundreds of users from fraudulent brokerage activities.

Edited by:

Skerdian Meta

Leading Analyst

Skerdian Meta FXL’s Heading Analyst is a professional Forex trader and market analyst and has been actively engaged in market analysis for the past 10 years. Before becoming our leading analyst, Skerdian served as a trader and market analyst at Saxo Bank’s local branch, Aksioner, the forex division and traded small investor’s funds for two years.

Fact checked by:

Arslan Butt

Commodities & Indices Analyst

Arslan Butt, a financial expert with an MBA in Behavioral Finance, leads commodities and indices analysis. His experience as a senior analyst and market knowledge (including day trading) fuel his insightful work on cryptocurrency and forex markets, published in respected outlets like ForexCrunch.

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