FPM Trading Broker Review

Written by Emmanuel Ifeanyi

Emmanuel Ifeanyi

Emmanuel Ifeanyi Ekwomadu is a financial content writer specialised in Forex, Stock and Crypto trading. He is the person behind most of the brokers reviews that you will find on BestBrokers.com

, | Updated: November 10, 2025

FPM Trading should be on the radar of anyone interested in online trading. This Mauritius-based CFD broker features a vast library spanning dozens of FX pairs, 10,000+ shares, various commodities, and other traditional financial instruments. Crypto enthusiasts may also partake in the trading of select digital currencies like Bitcoin, Litecoin, Ethereum, and the like.

At FPM Trading, users can take advantage of commission-free spreads from 1 pip. Alternatively, they may enjoy spreads as low as 0.0 pips if they go with the Raw account with a commission of $3 per lot per side.

Key Pros and Cons

FPM Trading comes with plenty of benefits, but it has a couple of potential downsides as well. Below, we offer an overview of the broker’s major pros and cons:

Company Information

FPM Trading is a company registered in Mauritius, with its office situated in Quatre Bornes under the address Suite 201, 2nd floor, 40 Silicon Avenue, The Catalyst Building, Cybercity, Ebene, Mauritius. It has also earned the seal of approval of the local regulator, the Financial Services Commission of Mauritius (FSC).

Another address listed on the broker’s website is that of the Cyprus-registered Y.S Wyltava Ltd., which is located at Archiepiskopou, Makariou III, 228, Agios Pavlos, Floor 5th, 3030, Limassol, Cyprus, and has the registration number HE474324.

Given the entity’s FSC licensing, FPM Trading’s Board enforces strict guidelines on anti-money laundering practices and the prevention of terrorist financing. This includes the appointment of a Compliance Officer, a Money Laundering Reporting Officer (“MLRO”) and a Deputy MLRO.

Why Trade with FPM Trading?

In this section, you can take a look at some of the key aspects that impressed our team of experts:

Regulation

At the time of writing, FPM Trading is licensed as a SEC-2.1B Investment Dealer (Full Service Dealer excluding Underwriting) by the Financial Services Commission of Mauritius (FSC) under license number GB25204316. The supervisory entity is tasked with overseeing the integrity of Mauritius’ financial sphere, and it has the authority to issue licenses, enforce penalties on companies that fail to adhere to its guidelines, and revoke licenses when necessary.

While its Mauritius authorization makes the broker suitable for Mauritius-based traders, along with FX enthusiasts from other jurisdictions who are interested, it also means FPM Trading cannot accept clients based in certain regions. On its website, the broker stressed that individuals residing in the United States, Canada, Israel, New Zealand, Iran, Russia, Myanmar, and North Korea are not targeted by FPM Trading, along with other jurisdictions where the broker cannot offer its services legally. The maximum leverage FPM Trading clients can utilise is capped at 1:500.

As per FSC requirements, FPM Trading segregates client money in secure banking accounts at top financial institutions. This ensures that your money will not be commingled with the company’s operating capital.

FPM Trading also maintains and enacts an AML/CFT Policy, which outlines all the measures the company employs in terms of preventing money laundering and terrorist financing. A Compliance Officer is tasked with ensuring that the company implements both the guidelines of its AML/CFT Manual and the AML/CFT measures mandated by local laws. Their other responsibilities include, but are not limited to, advising FPM Trading’s board of directors on potential upcoming legislation amendments, ensuring that the company’s employees have been subject to AML/CFT training, and undertaking compliance risk assessments and testing on a regular basis.

KYC Procedure for Account Creation and Depositing

There are two main ways clients can register at FPM Trading. The first one involves the creation of a demo account with the MT4, MT5, or cTrader platform, which will allow the user to practice trading with virtual funds.

The other option is to open a live account straight away, and below, we have underlined the steps you will need to take if you make FPM Trading your broker of choice:

1. Personal Details: Click the “OPEN LIVE” button to initiate the registration process and input your email, first and last name, and phone number. You will also be asked to select your gender, country of residence, preferred language, and confirm that you are not a resident of the USA.
2. Further Information: This is where you will need to provide details such as your date of birth, address, employment status and occupation, annual income, and specify the source of your funds.
3. Account Configuration: Choose your platform (MT4, MT5, cTrader), account type (Standard, Raw), trading currency (USD, EUR, GBP, PLN), and leverage (from 1:1 to 1:500). In addition, create a password for your trading account if you went with MetaTrader 4 or 5.
4. Declaration: Here, you will state how much experience you have when it comes to trading. Once done, click “Accept and Open Account.”
5. Verification: You will be taken to your account page, where you will be prompted to verify your identity. You can continue on either your PC or your smartphone. The documents you will need to prepare may be one of the following: driver’s license, ID card, residence permit, or passport.

You can technically skip verification for now if you simply wish to explore the website or open a demo account. Once you decide to move on to live trading, however, you will need to verify your identity, as that is a requirement for making a deposit.

Additionally, various brokers require that users who register for the first time pass a quick knowledge assessment test, which covers the basics of trading and CFDs in particular. Such evaluation is absent from FPM Trading’s account creation steps, making the overall process faster.

All in all, registration, along with the provision of the relevant KYC documentation, was a 10-minute process for our team. Keep in mind, however, that it usually takes FPM Trading’s staff around a day to review and approve client documents.

Account Types

FPM Trading strives to ensure that its services are suitable for traders with various preferences. As a result, clients can pick between ECN account types:

• Standard
• Raw

All account types can be used with MT4, MT5, or cTrader.

Demo Account

As established, FPM Trading clients can trade with virtual funds if they are novices or wish to try out certain strategies in a risk-free environment. There are two ways to do this:

1. Register for a live account first, then go to the Accounts page and click “Add New Account.” Note that this will take around 10 minutes, as you will need to go through the entire live account registration process.
2. Pay a visit to FPM Trading’s homepage, and select the “GETTING STARTED” option. This is significantly faster, seeing as you simply need to fill in some personal details (name, email, etc) and set up the demo account. Then you will be given instructions on how to install your chosen platform, and once done, you will be good to go.

Multi Account Manager (MAM/PAMM)

Managed trading is an option for novices who would like to have a professional trader conduct trades on their behalf. At FPM Trading, the first account type suitable for such individuals features the percentage allocation management module (PAMM). Here, your funds will be pooled into a single master account, and you will receive profits or suffer losses from the trades of the Money Manager based on your investment.

FPM Trading also features multi-account manager (MAM) accounts. Here, the professional trader manages sub-accounts belonging to their clients through a master account. This option allows traders to deposit and cash out money as they please.

FPM Trading makes sure to screen all Money Managers, and their performance history can also be observed. Additionally, keep in mind that if you choose to go with managed trading, you will need to pay performance fees and commissions to your Money Manager.

Account Types Missing at FPM Trading

While FPM Trading offers a sufficient range of accounts, there are certain options that traders will be disappointed to find missing. Professionals, for instance, do not have the option to open individual professional accounts. Instead, they will only be able to take further advantage of their skills through managed trading by becoming Money Managers.

Islamic accounts are not an option either. Therefore, Muslim traders will need to look for an alternative broker that offers Sharia-compliant trading.

Trading Fees and Other Costs

As is the case with all other online brokerages, engaging with forex pairs at FPM Trading involves fees. There are two types of costs:

• Trading Fees: spreads, commissions, overnight swap rates
• Non-Trading Fees: deposit and cashout costs, inactivity fees, account management fees

You should carefully assess how much it may cost to trade with a certain broker before you create an account. The following table offers further details on the types of fees you may be charged as an FPM Trading customer:

Spreads

The spreads you will need to pay as you trade at FPM Trading are dependent on the currency pair and your account type. With a Standard account, there are no commissions, and spreads cannot go lower than 1 pip. The EUR/USD pair’s spread with this account type, on average, stands at 1.18 pips. As for Raw ECN traders, spreads start from 0.0 pips, and the average spread for EUR/USD is 0.08 pips.

Below, you can view the spreads of some of the most popular pairs at FPM Trading:

Keep in mind that the reason Raw ECN costs are significantly lower is due to the commission charged by the broker. As covered earlier, a $3.0 commission ($6 round-trip) per lot applies, meaning you need to take it into account when determining the overall cost. Here is a breakdown of the average costs of trading EUR/USD at FPM Trading when it comes to a 1-lot position:

1. Standard Account
   • Spread – 1.18 pips
   • TOTAL COST – 1.18 x 10 = $11.8 per side or $23.6 round-turn
2. Raw ECN Account
   • Spread – 0.08 pips
   • Spread Cost – 0.08 x 10 = $0.8 per side
   • Commission – $3 per side
   • TOTAL COST – ($0.8 x 2) + ($3 x 2) = $7.6

The above showcases the key benefit of Raw ECN accounts, namely that the commission and resulting markdown of the spread result in lower overall trading costs.

Our team also stacked FPM Trading’s Standard average spreads against the average spreads of several other brokerages, and you can see how FPM Trading performs in the following table:

All in all, the spreads are generally in line with those of competitor brokerages. In some cases they are higher, but in others the spreads are narrower than certain rival brands.

Commissions

If you are planning on registering at FPM Trading and are considering the Raw ECN account, note that a commission of $3 per lot per side applies whenever you trade forex. In other words, the round-turn commission when it comes to 1 standard lot amounts to $6.

In other words:

• Trading 1 standard lot, which equals 100,000 base currency units, will mean that opening a position will cost $3, and the same commission will be charged when closing it.
• Trading 1 mini lot, which equals 10,000 base currency units, will result in a commission of $0.30 upon opening it and $0.30 when closing.
• Trading 1 micro lot, which equals 1,000 base currency units, will result in a $0.06 round-turn commission ($0.03 upon opening and another $0.03 upon closure)

While FPM Trading’s round-turn commission of $6 is not the lowest we have come across, it is better than certain competitors. We are referring to brands that charge commissions of at least $4.5 per side or even higher.

Equity CFDs also involve commissions that range from 0.05% and 0.20% when it comes to most markets.

Commissions are charged for trading ETF CFDs as well.

Financing Charges

Swap rates are something you should be familiar with if you plan on trading forex without closing your position for the night. Known also as financing charges and rollover fees, swaps are the interest charged or paid on a leveraged position that remains open overnight. They vary based on the financial instrument and broker.

FPM Trading offers an overview of its swap rates on its official website. While instruments are not categorised there, you can use the search function and find the rollover fees of your chosen product. Keep in mind that these rates change on a daily basis at 5pm EST. The rates are tripled on Wednesdays to make up for the lack of trading on weekends.

Here is an overview of the swaps of some of the major FX pairs at FPM Trading, as applicable on September 16, 2025.

Deposit Fees

Aspiring traders will be pleased to learn that FPM Trading does not attach fees to deposit transactions. For additional details, see Deposit Methods.

Withdrawal fees

Like deposits, withdrawals at FPM Trading are also fee-free. This gives the broker an edge over brands that charge their customers for cashouts. For further information, see Withdrawal Methods.

Inactivity fees

Many brokers charge inactivity fees on accounts that remain dormant for a certain amount of time. FPM Trading has opted to not impose such fees on its clients. Therefore, if you plan on taking an extended break from trading, you will not need to worry about the state of your account at FPM Trading.

Overall on Fees

FPM Trading features reasonable spreads along with commissions that are more affordable than what is offered by other players in the FX trading sphere. Financing charges are transparent, and traders will not need to worry about extra costs in terms of funding their accounts or withdrawing their balance. There are no dormancy fees either, which is a notable perk for casual traders.

Desktop Trading Platforms

There are several options to pick from in terms of third-party platforms if you start using FPM Trading. However, the broker does not offer proprietary software, which means the following options are what you can pick from:

• MetaTrader 4: One of the most reliable and widely used platforms for forex trading.
• MetaTrader5: MT4’s successor, offering additional features and a multi-threaded strategy teaser
• cTrader: A user-friendly platform that features Level II pricing and is particularly popular among ECN traders.

MT4

MetaQuotes launched MT4 in 2005, and the platform still reigns supreme in terms of popularity in the online forex trading scene. It is also useful for contract for difference (CFD) trading, further adding to its versatility. The platform boasts a range of features that cater to traders of all experience levels, including:

1. Flexible Trading System: MT4 supports a variety of order types and execution modes, giving traders the power to execute any strategy. It offers market orders, pending orders, and trailing stops, all of which are essential for comprehensive risk management and trade execution. The platform also provides one-click trading for quick entry and exit.
2. Charting Capabilities: A rich set of analytical tools is at the disposal of users. Traders can customize interactive charts across nine different timeframes and use over 65 built-in technical indicators. Furthermore, the platform’s community provides a massive library of additional indicators and analytical objects.
3. Algorithmic Trading: One of MT4’s standout features is its support for automated trading through Expert Advisors (EAs). Users can develop their own trading robots using the dedicated MetaEditor tool and the MQL4 language, or browse and acquire a wide selection of pre-made EAs from the MQL4 Market. A built-in Strategy Tester allows users to backtest these robots on historical data to refine their trading logic before deploying them.
4. Copy Trading: For those who prefer a less hands-on approach, the platform’s Trading Signals service facilitates social trading. This feature enables users to automatically replicate the trades of successful, proven traders, providing a way to participate in the market without needing to perform their own detailed analysis or manual trade execution.
5. Web App: MT4 is available as both a web app and as downloadable software.
6. Community and Resources: Beyond its built-in features, MT4 thrives on its extensive community. The Code Base and Market offer a wealth of free and commercial products, including trading robots and indicators.

MT5

MT5 was also developed by MetaQuotes and improves upon the trading capabilities of its predecessor, MT4. It offers a more robust and comprehensive feature set, and it still caters to both retail and institutional traders. The platform is built on a faster, 64-bit architecture, which allows for more efficient operation, particularly when executing complex trading strategies or running multiple analyses simultaneously.

1. Instrument Variety: The platform is engineered to support a wide range of trading styles across different assets like forex, currencies, futures, and more. It offers a flexible trading environment by providing two distinct order accounting systems: the widely used netting system for exchange markets and the hedging method, which is common in forex trading and allows for multiple positions on the same asset.
2. Order Types: MT5 is equipped with a comprehensive range of order types, from standard market and pending orders to more sophisticated stop orders and a trailing stop feature, providing traders with the tools necessary to execute diverse trading strategies effectively.
3. Analytical Tools and Technical Indicators: For technical analysis, the platform provides a rich suite of built-in tools, including a vast number of technical indicators and graphical objects for in-depth price analysis. It also supports a wide array of timeframes and allows for an impressive number of charts to be open simultaneously, enabling a detailed look at all minor price movements.
4. Marketplace: Beyond the native tools, the MetaTrader ecosystem includes a marketplace and a code base where users can access thousands of additional indicators or even create their own with the integrated development environment and the MQL5 programming language.
5. Copy Trading: Additionally, the platform facilitates copy trading, allowing users to automatically replicate the trades of successful professional traders by subscribing to their signals directly from the platform.
6. Algorithmic Trading: A key feature of MetaTrader 5 is its robust support for algorithmic trading, which allows users to automate their strategies with trading robots, also known as Expert Advisors. The platform provides a complete environment for developing, testing, and optimizing these robots, including a powerful strategy tester with a visual mode.
7. Platform Versatility: MT5’s functionality is not limited to downloadable software, as users can also access a web-based version for trading from any browser.

cTrader

cTrader is the third and final platform available on FPM Trading. It was developed by Spotware Systems and gained traction among those looking for MetaTrader alternatives. The platform’s unique cTrader ID (cTID) streamlines the user experience by allowing traders to unify their login credentials across all supporting brokers, making it much simpler to manage their various accounts.

1. Risk Management: The platform features a unique Smart Stop Out tool, which is an advanced risk management feature that automatically activates when an account’s margin falls below a specific stop-out level. This tool is a departure from traditional stop-outs, as it only partially closes the smallest necessary portion of a position instead of closing all trades entirely.
2. cBots and Backtesting: cTrader provides robust algorithmic trading capabilities with cTrader Algo, which uses the cAlgo programming language for users to create and optimize their own trading robots (cBots) and custom indicators. The platform also offers powerful backtesting functionality, allowing traders to use historical data to assess the potential effectiveness of a strategy without risking any real money. A detailed report of the simulated trades and the final balance is generated upon completion of a backtest, providing valuable insights.
3. Chart Types: cTrader offers a wide variety of chart types, including Bars, Line, Candlestick, HLC, Heikin, Dots, Renko, and Tick. These charts can also be detached or reattached for added flexibility, and a Multi-Chart mode is available for traders who need to monitor multiple assets at once.
4. Technical Indicators: It is equipped with over 70 built-in technical indicators to assist with in-depth technical analysis. The ChartShots feature allows traders to share their work on social media, making it easy to share chart analyses and ideas with others.
5. Data Features: The platform provides a wide range of timeframes, from 1-minute to a full monthly timeframe, enabling comprehensive analysis of price movements. The integrated Economic Calendar and News function features essential market data and financial news releases to help them stay up-to-date and make more informed decisions.

Copy Trading at FPM Trading

FPM Trading’s copy trading service is accessible through the MetaTrader 4 and MetaTrader 5 platforms. The broker provides a ratings page with transparent rankings of the available trading providers. Their performance is assessed based on their profitability, and their full trading history can be viewed by potential clients.

Once you follow a strategy provider, their trades will be replicated on your account automatically. You may also follow multiple individuals for the purpose of diversification. However, you will still have full control over your account.

Copying can be activated and deactivated with a single click, and you can also take advantage of built-in risk management tools like stop loss and take profit orders. Last but not least, keep in mind that you will need to pay performance fees to the providers.

If you have the experience and plan on becoming a provider, you will need to register as one by going to your profile. Then, you can create an order and set up your performance fees.

VPS Service

FPM Trading clients can take their trading to the next level by taking advantage of a Virtual Private Server (VPS). VPS provides a dedicated, high-performance computing environment for traders, allowing them to run trading platforms like MetaTrader 4 and 5 with enhanced speed and reliability.

Instead of depending on a personal computer that’s vulnerable to power outages, internet interruptions, and hardware issues, a VPS hosts your trading software on a remote server in a professional data center. This ensures your trading operations, including those powered by Expert Advisors (EAs), can run continuously, 24/5, even if your own device is turned off. A key advantage of a VPS is its ability to significantly reduce latency, which is the delay between placing a trade order and its execution.

FPM Trading makes this technology accessible by offering a complimentary VPS subscription to clients, making it a cost-effective solution for both new and experienced traders. To be eligible for free VPS, one should have a monthly trading volume of more than 5 lots when it comes to forex and metals on a Standard account. For those with a Raw account, the requirement is higher (10 lots).

Mobile Trading Platforms

Portability has become a crucial aspect of online trading, and FPM Trading is well aware of this. There are several mobile applications FPM Trading clients can utilise, depending on their platform of choice.

MT4 Mobile App

MT4’s mobile application, for instance, offers a comprehensive set of features, including full trade account control, all order types available on the desktop client, and real-time market data, to name a few. Users may also enable push notifications. The app is available on Google Play and the App Store.

MT5 Mobile App

MT5 is tightly integrated with mobile platforms for both Android and iOS, providing a full-featured trading experience for clients with smart devices. Of course, Level II pricing is also present. In terms of technical analysis, there are 30 technical indicators, 24 analytical objects, 9 timeframes, and 3 chart types. Traders may also take advantage of financial news when they rely on fundamental analysis.

cTrader Mobile App

cTrader is FPM Trading’s last third-party platform, and it is also mobile-friendly. Its applications grant users access to the platform’s full roster of trading instruments. There are numerous features available, including but not limited to:

• Instrument specifications
• Symbol trading schedules
• Push notifications
• Price alerts
• One-click trading capabilities through Quick Trade
• 5 chart types, 5 chart view options, 16 chart drawing tools

Overall on Mobile Trading at FPM Trading

FPM Trading has ensured that its clients will have plenty of options to choose from in terms of both desktop trading and trading activity conducted on smartphones or tablets. Below, we offer an overview of the mobile applications that FPM Trading users can utilise depending on the platform they use and the system of their portable device.

Trading Instruments

Our team took a thorough look at FPM Trading’s instrument selection and concluded that the broker performs well in terms of variety. The selection of forex pairs is slightly lower than some competitors, but it is still more than sufficient, and there are plenty of commodities, ETFs, and cryptocurrencies to pick from. Bonds can also be traded at FPM Trading.

Forex

FPM Trading offers around 70 currency pairs, a solid offering that includes major, minor, and exotic pairs. The most heavily traded currencies, such as those involving the US dollar, are available, with the company striving to provide deep liquidity and tight spreads. The leverage FX traders have access to can go as high as 1:500.

The firm emphasizes fast and reliable order execution by collaborating with major liquidity providers. This ensures clients can trade around the clock, five days a week, with efficient price feeds.

Indices

For those interested in broad market movements, FPM Trading features contracts for difference (CFDs) on a range of stock indices. The company offers exposure to key indices from four continents, including widely followed benchmarks like the NASDAQ 100, S&P 500, and FTSE 100.

These instruments are accessible on various platforms, including MetaTrader 4, MetaTrader 5, and cTrader, with leverage of up to 1:100 available, barring certain indices. Namely, trading the CHINA50 and INDIA50 will mean access to leverage of no more than 1:50, while trading USDX and VIX can be done with a 1:20 leverage or lower.

Commodities

The broker provides a comprehensive array of commodities, enabling traders to capitalize on various market sectors. This category includes popular metals like gold and silver, which can be traded against multiple currencies.

CFDs on a variety of other metals, such as palladium and aluminum, are also available, along with a diverse selection of energy products like crude oil and natural gas. Additionally, FPM Trading’s catalog includes soft commodities like wheat, coffee, and other agricultural markets.

The leverage you can access will vary depending on the commodity you decide to trade. The general limit is 1:500; however, crude oil’s leverage is capped at 1:100.

Stock CFDs

FPM Trading stands out with its extensive offering of more than 10,000 contracts for difference on equities. This allows clients to speculate on price changes of major companies around the globe without owning the underlying shares.

The selection includes stocks from prominent exchanges in the US, Australia, Hong Kong, the UK, and Europe, with the trading costs involving commissions of 2 cents or between 0.05% and 0.20%. Leverage is limited to 1:20 at the highest.

Cryptocurrencies

The platform gives clients exposure to the dynamic digital currency market through CFDs. Traders can speculate on the price movements of popular cryptocurrencies like Bitcoin, Ethereum, and Ripple without needing a digital wallet to hold the assets.

The spreads vary, with that of BTC/USD being an average of 2,171.09 at the time of writing, while DOT/USD’s spread stands at 27.37. Like all products at FPM Trading, digital currencies have a leverage cap (1:50).

ETFs

FPM Trading offers access to Exchange-Traded Funds (ETFs) through CFDs. This allows traders to gain exposure to a collection of assets, such as stocks, bonds, or commodities, in a single trade. Trading ETFs as CFDs provides a convenient way to diversify a portfolio and speculate on the performance of a group of assets. The commission for trading ETF CFDs stands at 2 cents per share, though the minimum charge per size is $2.

Bonds

FPM Trading clients can also trade contracts for difference (CFDs) on bonds. These instruments allow traders to take positions on the price movements of government-issued bonds from countries like the UK and the US without purchasing the underlying asset itself. If you plan on trading bonds, you will be able to utilise leverage of up to 1:200.

Trade Execution

FPM Trading does not operate a dealing desk and, instead, utilizes ECN-pricing. An Electronic Communication Network (ECN) is a computerized trading system that automatically pairs buy and sell orders from various market participants, including banks, institutions, and individual traders. This technology creates a direct link between traders and the interbank market.

In its execution policy, FPM Trading highlights the different order types available on the broker, such as buy limit, sell limit, take profit, buy stop, and stop loss. The broker also strives to ensure that its users can enjoy excellent execution speeds and minimal slippage, and it emphasises the likelihood of execution.

Deposit Methods

There are several payment solutions available when it comes to account funding. The first option is bank wire, which can be done through various banking solutions. Credit cards such as Visa can also be utilised for deposits. Those who would rather avoid fiat-based payments can opt for crypto deposits.

The minimum deposit is $60 or A$100 (or currency equivalent), and the broker does not attach fees to transactions. Processing is usually instant, but there are some exceptions. Crypto top-ups can take up to an hour, and the same applies to deposits of less than $100.

Withdrawal Methods

Like top-ups, withdrawals at FPM Trading are limited to bank wire transfers, credit cards, and cryptocurrencies. Processing is usually done within one business day, with the broker emphasizing that transactions are not processed on weekends.

You will not need to worry about paying fees to FPM Trading when you cash out. However, your financial institution or credit card issuer may charge you for transactions. Crypto withdrawals also involve network fees.

The broker does not specify any concrete withdrawal limits. However, it does state that the cashout minimum may be similar to the deposit requirement, i.e., A$100.

Customer Support Contacts

Customer support is one of the highlights of making FPM Trading one’s broker of choice. There are several methods you can use to find assistance, including:

1. Chatbot: The live chat feature is convenient and the quickest way to have a question answered or find a solution to an issue. When you open the live chat menu, you will need to provide your email and name. Then you will be able to use FPM Trading’s chatbot to find information about the website. In most cases, contacting an agent will not be necessary. The bot is intuitive to use and capable of providing information on the vast majority of topics that have to do with the broker.
2. Live Chat: Each time you are given an answer when using the chatbot, you will be able to either continue chatting with John or choose to get in touch with a live agent. Alternatively, you can choose to contact an agent immediately by typing “customer support.” In our experience, being redirected to a member of the support team typically takes a few seconds at most.
3. Phone: Clients can contact customer support via phone (+441919340541) or request a callback through the broker’s Callback Request Form.
4. Email: If the other options are not to your liking, you can send an email to support@fpmtrading.com.

Research and Educational Materials

Currently, FPM Trading does not offer any research or educational materials on its website. There is no dedicated FAQ page section either, although the live chatbot technically serves a similar function.

This makes FPM Trading somewhat of a mixed bag for beginners. Many novices would prefer to familiarize themselves with trading by browsing their broker’s educational materials, and such users would be disappointed by FPM Trading’s lack of resources. However, the brand still offers a demo account, meaning one can practice and learn the ropes without risking their actual capital.

It should also be noted that FPM Trading offers a Forex Trading Calculator. It features a range of products, including a pip calculator, currency converter, swaps calculator, profit calculator, and position size calculator.

Security and Money Guarantees

FPM Trading keeps clients secure through SSL encryption, and the same applies to its supported platforms. MT4, in particular, is known for its 128-bit SSL encryption protocol.

Users can also rest assured that their funds will be kept in segregated bank accounts at top financial institutions. This means that, should FPM Trading fall into financial trouble, the broker would not be able to misuse client funds.

As established, FPM Trading holds an SEC-2.1B Investment Dealer license issued by Mauritius’ financial regulator in 2025. Although there are many brokers that are part of compensation programmes, there is no mention of a money guarantee scheme on FPM Trading’s website.

Conclusion

Although FPM Trading is relatively new to the online trading scene, it has much to offer to FX enthusiasts and those interested in other financial instruments. Key perks include:

1. Wide range of products, including 70+ forex pairs
2. ECN execution
3. Excellent customer support
4. No deposit or cashout fees
5. Reasonable commissions and spreads
6. Demo trading
7. Complimentary VPS for certain clients

Of course, there are some areas that can be improved. The lack of educational material is a notable downside, and we would also like to see FPM Trading gain additional licenses in addition to the one granted by Mauritius’ regulator.

Written by E. Ifeanyi