About FP Markets Trade
Company Overview
FP Markets Trade is a financial services entity registered in China, having been founded on December 19, 2022. The company operates under the domain fpmarketstrade.com. As a relatively new market participant, it appears to target retail traders interested in forex and CFD trading, although its exact product offering cannot be independently verified at this time.
According to our records, FP Markets Trade is based in China. The company's name closely resembles the well-established broker FP Markets, which may be a source of confusion for traders. It is important to note that FP Markets Trade is a distinct legal entity and should not be confused with any other brand without clear evidence of affiliation.
Regulation and Oversight
FP Markets Trade operates without any known regulatory licences from recognised financial authorities. Our records show that the company has not submitted to oversight by any regulatory body, which is a significant consideration for potential traders.
Traders should be aware that dealing with an unregulated broker carries inherent risks, including a lack of investor protection, no recourse in case of disputes, and the absence of mandatory operational standards. The elevated scam risk score of 54/100 assigned by FXCanary underscores these concerns.
Trading Platforms and Instruments
Despite the lack of regulatory information, FP Markets Trade's domain and name suggest that it may offer trading in foreign exchange and contracts for difference (CFDs). However, without access to its official website, we cannot confirm the specific platforms (such as MetaTrader 4/5 or cTrader) or the range of instruments available.
Potential users are advised to exercise caution and to verify the broker's offering directly, as unverified claims cannot be taken at face value. The absence of independent information about trading conditions, spreads, or execution models adds to the uncertainty.
Account Types
Similarly, details about account types—including minimum deposit requirements, leverage limits, commission structures, and available account base currencies—remain unknown. FP Markets Trade has not publicly disclosed such information through sources we can confirm.
Traders should be aware that standard retail forex brokers typically offer multiple account tiers tailored to different experience levels and capital sizes. Without this information, it is challenging to assess the suitability of the firm for various trading strategies.
Deposit and Withdrawal
Funding methods and withdrawal policies are crucial aspects of any trading relationship. FP Markets Trade has not provided verifiable information regarding accepted payment methods, processing times, or any associated fees.
Given the lack of transparency, traders are encouraged to be especially cautious about entrusting funds to a broker that does not clearly communicate its financial procedures. The elevated risk score reflects the potential difficulties in recovering funds if issues arise.
Conclusion
FP Markets Trade is an unregulated broker based in China, founded in late 2022. The company's website domain is fpmarketstrade.com. While it presents itself as a forex and CFD broker, the absence of regulatory oversight and verifiable operational details makes it a high-risk proposition.
Traders considering FP Markets Trade should conduct thorough due diligence and consider more established alternatives. The elevated scam risk score of 54/100 serves as a warning sign, and we recommend caution until the broker can demonstrate credible regulation and transparent business practices.
Overview compiled by FXCanary from regulatory records and public data. full FP Markets Trade review