Does FP Markets Accept US Clients?

FP Markets is a global online forex and CFDs broker that was founded in 2005. The company is headquartered in Australia, and it has been providing trading services to clients in over 150 countries worldwide. FP Markets is known for offering a wide range of financial instruments, competitive trading conditions, and award-winning customer support.

FP MARKETS Trading Modes

FP Markets provides clients with a choice of two trading platforms, MetaTrader 4 (MT4) and MetaTrader 5 (MT5). Both platforms are popular among traders and offer a range of features such as charting tools, technical indicators, and automated trading. FP Markets also provides clients with access to its proprietary platform, the IRESS Trader, which is a powerful trading platform designed for advanced traders.

FP Markets accepts clients from a wide range of countries, including Australia, Europe, Asia, and Africa. However, FP Markets does not accept clients from the United States. This is due to the regulatory restrictions in the US, which prohibit foreign brokers from soliciting and accepting US clients.

Possible Issues and Solutions

If you are a US resident and are interested in trading with FP Markets, there are several alternatives available. One option is to choose a US-based forex broker that is regulated by the National Futures Association (NFA) and the Commodity Futures Trading Commission (CFTC). Some popular US-based brokers include OANDA, FOREX.com, and Interactive Brokers.

Another option is to consider trading with a non-US broker that accepts US clients through its offshore entity. However, it is essential to note that trading with offshore brokers carries a higher level of risk due to the lack of regulatory oversight.

In conclusion, FP Markets is a reputable forex and CFD broker that provides trading services to clients worldwide, except for those in the US. While this may be disappointing for US residents, there are several alternatives available that can provide similar trading services. It is important to conduct thorough research and choose a broker that is regulated and offers competitive trading conditions.