FXP Markets (also know as FXPM) is a Forex broker that opened in 2017, owned by GGM Securities Market LTD. As of Dec 30th 2019, we see their website is now “under construction”.
For withdrawal issues, you should go read this article.
FXP Markets Review
FXP Markets offers their investors the popular Forex & CFD trading platform know as MetaTrader 4. Their Web based software is the Panda MT4 Webtrader, which is popular with investors because it is very intuitive and easy to configure. For mobile trading you can download the MetaTrader4 mobile apps on Google Play and the App Store.
You will have access to trade all markets with CFD’s (Contracts for Difference) on Forex Pairs, Crypto Currencies, Commodities (Gold & Silver), Stocks, Market Indexes, Bonds and Oil. Leverage available is up to 500:1 on larger accounts. Remember that trading with leverage is very risky, and you should really first understand the risks associated with using margin.
Minimum deposit for new trading accounts are $250, and they offer Islamic Swap Free accounts also.
FXP Markets License Check
When the Scam Broker Investigator reviews a new Forex broker to see if they are in fact a scam broker, or really a legitimate broker, we check to see if they hold a license. Popular brokers are regulated and licensed by FCA United Kingdom or ASIC in Australia. You can see the popular licensed brokers listed here.
FXPMarkets shows a license on their website from VFSC in Vanuatu. They are officially located at: Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Marshall Islands. FXPM can be reached by phone in the United Kingdom at: +44 208 089 1313, and via email at: Support@fxpmarkets.com. Their official website is: https://www.fxpmarkets.com/.
Listed on FXPM’s website is an address in the United Kingdom of: 48 Warwick St, Soho, London W1B 5NL, United Kingdom. However, they are not licensed or regulated by the FCA.
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If you are an existing client already investing with FXP Markets, Please share your experience for other interested investors in the comments section below.