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I consider FP Markets a reliable broker because it is one of the oldest brokers to still be active since 2005! and it is regulated by ASIC.
The other reason is their customer service dedicated manager was quick in responding to most of my queries through E-mail and live chat.
Hi, DenzilJude I'm a scalper trading with FP Markets raw ECN account, its an ASIC regulated broker with over 15 years in forex business.
They offer some of the lowest spreads averaging at 0.0pips for most parts of the day.
In my experience, fundamental analysis is used more frequently for choosing long-term investments in a wide collection of securities and markets.
Whereas technical analysis is used on any security using historical trading data.
Compared between the two, I would any day recommend FP Markets because of their robust trading conditions and the spreads in FP Markets are lower when compared to ICM.
The commission cost in ICM is $3.5 per lot, whereas in FP Market it's just $3. The customer support is much more reliable in FP...
I have been Trading with FP Markets for the last couple of years now and the experience has been great, they have over 10000 different products to trade including global equities.
They also have an advantage for being the oldest broker in forex business for over 15 years and regulated by ASIC.
I recommend FP Markets as a good broker because of their spreads and commission which is low and really competitive when compared with other brokers.
Their customer support is an advantage as well since they are really quick, i once had an issue and it was solved in a matter of minutes, instead...
From my experience i would suggest to use FP Markets (Raw spreads ECN account) mainly because of their robust trading conditions.
And They have some of the lowest spread compared to other brokers and their commission per lot is lower as well
MT4 is designed for CFD forex instruments, whereas MT5 is an all-in-one state of the art multi-asset trading platform, covering both centralized and non-centralized financial markets, including, stocks, futures and FX trading instruments. MT5 is faster and more efficient than MT4
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