FP Markets is not scam
The reason: FP Markets is considered reliable as it has multiple top-tier regulation globally, such as the Australian ASIC.
See below the full list of regulators (country of clients - regulatory body):
- Australian clients - Australian Securities and Investments Commission (ASIC)
- EU clients - Cyprus Securities and Exchange Commission (CySEC)
- Global - Financial Services Authority (St. Vincent and the Grenadines)
Top 5 brokers
Get your personalized toplist:
Is FP Markets scam?
Other factors ensuring that FP Markets is not a scam
See whether FP Markets clients are entitled to investor protection in the event that FP Markets goes bankrupt:
| FP Markets investor protection | |
|---|---|
| Investor protection amount: | No protection under ASIC, €20,000 under CySEC, No protection under Financial Services Authority (St. Vincent and the Grenadines) |
There are other factors you can check to make sure FP Markets is not a scam. Having been on the market for a long time or being listed on an exchange are all signs that the broker is reliable. Check these factors below.
| 🌎 Country of origin | Australia |
| 📅 Foundation date | 2,005 |
| 🏛 Banking background | No |
| 📈 Listed on exchange | No |
| 🗺️ Broker ownership is transparent | No |
| 👔 Broker management is transparent | No |
| 🔒 Negative balance protection is provided | Yes |
| 📋 Read more | Check out the FP Markets review for 2023 |
Is FP Markets scam?
Looking for the best online brokers?
Search no further. Our brokerage experts compiled a list of the best online brokers based on extensive research and testing with real money.
Comments