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 – 8 key points quick overview:
- ☑️Overview
- ☑️FP Markets at a Glance
- ☑️FP Markets Demo Account
- ☑️How to set up an FP Markets Demo Account – Step by Step
- ☑️Customers Review
- ☑️Pros and Cons
- ☑️Conclusion
- ☑️Frequently Asked Questions
FP Markets At a Glance
| Company Information |  |
| 📅Year Founded | 2005 |
| 🧑🏻💻Amount of staff | 274 |
| 👩💻Amount of active traders | Over 200,000 |
| 🌐Publicly Traded (Listed Company) | No |
| Regulation and Security | |
| 🛡️Regulation | ASIC, CySEC, FSCA, FSA, FSC, CMA |
| 🌎Country of regulation | Australia, Cyprus |
| 💻Account Segregation | Yes |
| 🪫Negative balance protection | Yes |
| 🔋Investor Protection Schemes | Yes |
| Account Types and Features | |
| ➕Accounts | Standard, Raw ECN, and VIP accounts available |
| 💳Institutional Accounts | Yes, tailored solutions for institutional clients |
| 👨💼Managed Accounts | Yes, offered through third-party managed account services |
| 📇Minor account currencies | USD, EUR, GBP, AUD, JPY |
| 💰Minimum Deposit | $100 / R1806 |
| Trading Conditions | |
| 🕞Average deposit/withdrawal processing time | Deposits are typically processed instantly withdrawals usually within 1-2 business days |
| 🪙Fund Withdrawal Fee | Generally no fees for withdrawals may vary based on method |
| 📊Spreads from | Spreads start from 0.0 pips on Raw ECN accounts |
| 💸Commissions | From $3.5 per side per lot on Raw ECN accounts |
| 💱Number of base currencies supported | Over 10 base currencies including USD, EUR, GBP, AUD, JPY, and others |
| 🚀Swap Fees | Swap fees apply may vary depending on the position and account type |
| 📈Leverage | Up to 1:500 depending on the account type and instrument |
| 📏Margin requirements | typically 0.2% - 1% |
| ☪️Islamic account (swap-free) | Yes |
| 💻Demo Account | Yes |
| ⌛Order Execution Time | Typically 40-50 milliseconds on Raw ECN accounts |
| 📆VPS Hosting | Yes |
| Trading Instruments | |
| 🧾CFDs-Total Offered | Over 1,000 CFDs across various asset classes |
| 🗠CFD Stock Indices | Yes,Major global indices including S&P 500, NASDAQ, FTSE 100, DAX, and more |
| ⚖️CFD Commodities | Yes, Includes commodities such as Gold, Silver, Oil, Natural Gas, and more |
| 📜CFD Shares | Yes, A wide range of global stocks from major markets including US, UK, EU, and Asia |
| Deposits and Withdrawals | |
| 💳Deposit Options | Credit/Debit Cards, Bank Transfers, PayPal, Skrill, Neteller, and other e-wallets |
| 💵Withdrawal Options | Bank Transfers, Credit/Debit Cards, PayPal, Skrill, Neteller, and other e-wallets |
| Trading Platforms and Tools | |
| 💻Trading Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5), IRESS, cTrader, WebTrader and TradingView |
| 👩💻OS Compatibility | Windows, Mac (via emulation), Android, iOS |
| 🖥️Forex trading tools | Yes |
| Customer Support | |
| 🗣️Live chat availability | Yes, available 24/7 |
| 📱Customer Support email address | [email protected] |
| 📞Customer Support Contact Number | +61 2 8252 6800 (Australia) or +44 20 8068 0760 (UK) |
| 👾Social media Platforms | Facebook, Twitter, Instagram |
| 🗣️Languages supported on Website | English, Chinese, Arabic, and other major languages |
| Educational Resources and Support | |
| 🖺Forex course | Yes |
| 🧏♀️Webinars | Yes |
| 📚Educational Resources | Yes |
| Partnerships and Programs | |
| 🪪Affiliate program? | Yes |
| 👨🏫Amount of partners | Over 100,000 affiliates |
| 📋IB Program | Yes |
| 🏃♂️➡️Do they sponsor any notable events or teams? | Yes |
| 🪙Rebate program | Yes |
| 📝Sign up | 👉Open Account |
Overview
FP Markets, a major player in the worldwide financial trading environment, has adjusted its services to fit the special demands of South African traders, providing a one-of-a-kind combination of conditions and features tailored to this market.
Two of FP Markets’ notable advantages for South African traders are deep liquidity pools and narrow spreads.
This feature is especially useful for forex and CFD traders because it allows for more precise and cost-effective trading tactics.
The platform’s ability to offer affordable spreads stems from direct access to a diverse pool of liquidity providers, a trait highly prized in today’s fast-paced trading market.
Furthermore, FP Markets has made significant investments in cutting-edge trading technologies.
South African traders can use advanced platforms like MetaTrader 4 and MetaTrader 5, which are known for their user-friendly interfaces, extensive analytical tools, and automated trading capabilities.
This technological advantage is critical for traders who want real-time data and seamless transaction execution, especially in volatile markets like forex and cryptocurrencies.
FP Markets Demo Account
FP Markets provides a demo account specialized for South African traders, allowing them to practice and perfect trading methods in a risk-free environment.
This trial account simulates real-market conditions, allowing traders to learn about the intricacies of forex and CFD trading without risking their money.
South African traders can access the same instruments as live account holders, including Forex, indices, commodities, and cryptocurrencies.
This account is very useful for inexperienced traders to acquire confidence and experienced traders to try new methods.
| 🔎 Account Feature | 🥇 Value |
| 💴 Minimum Deposit | $0 (Demo accounts are free) |
| 📈 Average Spreads | From 0.0 pips (on RAW demo account) |
| 📉 Instruments Available | 10,000+ (Forex, Indices, Shares, Crypto, Commodities) |
| 📊 Maximum Leverage Ratio | 1:500 |
| 💹 Execution Type | ECN (Electronic Communication Network) |
| 💷 Commissions | $0 on Standard Demo / $3 per side on RAW Demo |
| 📌 Rebates EAs Offered | Yes (Expert Advisors supported) |
| 📍 Mobile App Offered | Yes – iOS & Android supported |
| ⏩ VPS Available | Yes (available for qualifying accounts) |
| 👉Open Account | 👉 Open 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.
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.
Step 3 – Select a trading platform
Select your preferred trading platform. Users can choose between MetaTrader 4 or Press.
Step 4 – Create a password
Create and confirm your password.
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.
Step 6 – Click “Save and Next”
Click “Save and Next” to process the second step, which is to download and install the trading platform.
Step 7 – Complete the form
After this step has been completed, you will be sent the full login details for your demo account.
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.
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 access | Demo 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.
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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.
