How to deposit and withdraw funds at FP Markets India
As a client, you do not need to worry about your payment options, because you’ll be offered plenty of payment methods, including credit cards, debit cards, local banks, e-wallets, Cryptos, and online banking.
The following payment methods are among the most preferred options used by FP Markets’ clients:
🔸 Credit and Debit Cards
Currencies: AUD, CAD, CHF, EUR, GBP, HKD, JPY, NZD, SGD, USD, CZK, PLN, & AED
Deposit: instant for MT4 and MT5, 1 business day for IRESS with no fees
Withdrawal: 2-10 business days depending on the bank, no fees
🔸 Bank Wire Transfer
Currencies: AUD, USD, EUR, GBP, SGD, & CAD
Deposit: 1 business day, no fees (FP Markets India covers up to 50 USD for deposits more than 10,000 USD)
Withdrawal: 1-5 business days, no fees but the bank may charge an additional fee
🔸 Neteller
Currencies: AUD, CAD, CHF, EUR, GBP, JPY, INR, BRL, SGD, & USD
Deposit: instant for MT4 and MT5, 1 business day for IRESS with no fees
Withdrawal: 1 business day, 1% fee (up to 30 USD) + country fees (if any) per 45,000 USD transaction
🔸 Skrill
Currencies: AUD, CAD, EUR, GBP, INR, USD, & BRL
Deposit: instant for MT4 and MT5, 1 business day for IRESS with no fees
Withdrawal: 1 business day, 1% fee (up to 30 USD) + country fees (if any)
🔸 SticPay
Currencies: JPY, EUR, GBP, USD, HKD, TWD, KRW, & SGD
Deposit: instant with no fees
Withdrawal: 1-2 business days with a 5% fee for bank wire, instant with a 2.5% fee for wallet
🔸 Cryptocurrencies
Currencies: depends on the payment provider
Deposit: depends on the payment provider, with blockchain fees
Withdrawal: 1 business day, with blockchain fees
Other acceptable payment options at FP Markets India are Perfect Money, Apple Pay, Google Play, and broker-to-broker, in addition to various local methods.
Is FP Markets India reliable and safe?
FP Markets India forex broker goes out of its way to make sure its clients’ funds are kept safely and securely in segregated accounts at top-tier Australian Banks.
The company has managed to acquire licenses from the Australian Securities and Investment Commission (ASIC), the Cyprus Securities and Exchange Commission (CySEC), the Financial Sector Conduct Authority (FSCA), the Financial Services Authority (FSA), and the European Securities and Markets Authority (ESMA) regulatory authorities. FP Markets is also registered in the St. Vincent and the Grenadines which further solidifies its position in the financial scene as an outstanding forex broker.
Thanks to the acquired licenses from the aforementioned organizations, FP Markets is to adhere to every requirement (e.g., solvency) when it comes to risk management, staff hiring, and financial reports. Furthermore, FP Markets needs to go through regular external audits by certified organizations to prove its year-round compliance with the laws and regulations.
Types of spreads in FP Markets India
FP Markets India offers floating spreads for Standard and Raw trading accounts. The available spreads for the standard account holders will start from 1 pip with no commission, as for the Raw account holders, they will have access to spreads from 0 pips with a $3 commission per side ($6 per round trade).
A quick glance at the table below will let you know the average spreads for the most common currency pairs counted in pips:
Trading platforms offered by FP Markets India
To facilitate a smooth trading experience for the traders, regardless of their budget level or trading proficiency, FP Markets provides all of its clients with the MetaTrader 4, MetaTrader 5, IRESS, cTrader, WebTrader, and mobile apps (iOS and Android) trading platforms.
âś… MetaTrader 4
The MetaTrader 4 platform will enable traders to use a customizable interface, one-click trading, market watch, EAs, and alerts. Other built-in features of this popular platform include 3 chart types, 9 timeframes, 24 analytical objects, and 60+ built-in indicators. MT4 will give you access to a ton of custom indicators as well as automated trading. In terms of compatibility, traders can use MT4 on iOS, Android, Mac, and PC with no problems. Using MT4, you’d be able to trade in 70+ Forex currencies, 63 share CFDs, commodities, 14 indices, and cryptocurrencies.
âś… MetaTrader 5
As a feature-packed, multi-asset trading platform, MT5 runs smoothly on Windows, Mac, iOS, and Android, so there will be no compatibility issues whatsoever. Those who opt for this trading platform will get access to a multitude of features, including depth of market display, 80+ technical indicators, 44+ analytical objects, 21 timeframes, 6 pending stop order types (including Buy Stop Limit and Sell Stop Limit), strategy tester for algo-trading and EAs, forex signals, real-time market news, and analysis, as well as copy-trading. Also, available trading instruments on MetaTrader 5 are 70+ Forex currencies, 120+ share CFDs, commodities, 14 indices, and cryptocurrencies.
âś… IRESS
The IRESS trading platform also comes with features, such as 10,000+ financial instruments in 130+ different financial markets, news, and economic calendars, 59 technical indicators, 50+ drawing tools, technical charts, multiple timeframes, and real-time price quotes in addition to auto open and close positions. Other noteworthy features of this great platform are 34 Forex currency pairs, over 10,000 stocks, 10 indices, future CFDs, and commodities.
âś… FP Markets Trading App
FP Markets India forex broker also provides the opportunity to use its trading app on both iOS and Android. In this way, you’d be able to trade in more than 70 currency pairs, shares, indices, commodities, and cryptocurrencies. The trading app also comes with stop-loss and take-profit limits, charting tools, and a range of technical indicators. This unique and award-winning app also gives you access to the best liquidity providers in real-time, and if you ever run into problems, you can contact customer support which is available 24/7 and in multiple languages.
âś… cTrader
last but not least, there is the cTrader platform which can also be a great choice for traders who want to trade in more than 70 currency pairs and CFDs.
Available Markets at FP Markets India
This broker provides seamless 24/5 access to the international markets so its traders can engage in trading using the following instruments with leverage of up to 1:500:
🔹Forex (70+ currency pairs, spreads from 0 pips)
🔹Shares (10,000+ stocks on global exchanges)
🔹Indices (19 major global indices)
🔹Commodities
🔹Bonds
🔹Metals (gold, oil, silver, and more)
🔹Digital currencies (BTC, ETH, LTC, and more)
🔹ETFs