About FP Asset Management Cyprus Ltd
Company Overview
FP Asset Management Cyprus Ltd is a Cyprus-registered investment firm operating under the official domain fp-am.com. The company is authorised and regulated by the Cyprus Securities and Exchange Commission (CySEC) as a Cyprus Investment Firm (CIF).
Established in Cyprus, the broker offers online trading services in financial instruments such as forex and CFDs. The firm's legal name and registration details are publicly available through the CySEC registry, providing a baseline level of regulatory oversight for potential clients.
Licensing and Regulation
The broker is regulated by CySEC under licence number 317/17, with an 'Authorised' status. This licence permits FP Asset Management Cyprus Ltd to operate as a CIF, offering investment services across the European Economic Area (EEA) through passporting rights.
CySEC regulation imposes certain requirements on the broker, including capital adequacy, client money segregation, and adherence to the Markets in Financial Instruments Directive (MiFID II). However, no further details about the broker's compliance history or any regulatory actions were found in our records.
Products and Services
Based on its CIF licence, FP Asset Management Cyprus Ltd is expected to offer retail forex and CFD trading. The specific instrument list, including currency pairs, indices, commodities, and shares, is not publicly disclosed in the limited information available.
Leverage offerings and margin requirements are also not documented. The broker may provide trading on popular platforms such as MetaTrader 4 or 5, but this cannot be confirmed from the data we possess.
Account Types and Conditions
No official account types, minimum deposit requirements, or fee structures are available in our records. The broker has not published detailed information on demo accounts, Islamic accounts, or professional client classifications.
Trading costs, including spreads and commissions, are not specified. Potential clients should approach the broker directly to obtain current account terms and conditions.
Deposits and Withdrawals
Funding methods are not disclosed in the known facts. Typical methods for CySEC brokers include bank wire transfers, credit/debit cards, and e-wallets. Without official information, traders should verify available payment options and any associated fees with the broker.
Withdrawal processing times and policies are also unknown. The absence of publicly stated procedures may be a concern for some traders.
Client Suitability and Risk
FP Asset Management Cyprus Ltd appears to target retail and professional traders in the EEA. However, with limited independent information, it is challenging to assess the broker's suitability for specific trading strategies or experience levels.
Our records indicate a Scam Risk Score of 34/100 (Guarded), with a flag for no verifiable website or social-media presence. While the domain fp-am.com is listed, there is no independent evidence of an active website or client testimonials, which may warrant caution.
Conclusion
FP Asset Management Cyprus Ltd is a regulated Cypriot broker with a valid CySEC licence. The regulatory framework provides some client protection, but the lack of publicly available details on trading conditions, platforms, and corporate history limits independent assessment.
Traders considering this broker should conduct thorough due diligence, including direct communication with the company and consultation of the CySEC register. The guarded risk score reflects the information gaps identified.
Overview compiled by FXCanary from regulatory records and public data. full FP Asset Management Cyprus Ltd review