FP Markets Launches New Client Portal With MetaTrader 5 Offering - The Industry Spread

Ricardo Esteves

Ricardo Esteves has seen business and economics through many lenses. He joined the Financial Services Industry in 2009, and has been a financial journalist since 2011. He holds a degree in Business Administration and has experience producing real-time news, from both buy-side and sell-side, as well as for retail traders, brokers and service providers. Esteves' work has appeared in a variety of online publications including FX Street and FinanceFeeds.

FP Markets

FP Markets Launches New Client Portal With MetaTrader 5 Offering

August 31, 2018

MetaTrader 5First Prudential Markets aka FP Markets, an Australia-based investment company that provides over-the-counter and exchange-traded derivative products, has launched a secure client portal and has added the popular Metatrader 5 (MT5) to its offering of existing platforms.

Clients of the ASIC-regulated global CFD and Forex broker will now be able to choose between the two MetaQuotes’ platforms, MT5 and MT4, as well as the IRESS software for trading purposes.

MetaTrader 5 is a multi-asset platform which offers tools for comprehensive price analysis, use of algorithmic trading applications (trading robots/EAs) and copy trading. The popularity of MetaTrader 4 has stood in the way of an overwhelming adoption of MT5, but MetaQuotes has introduced measures in order to get brokers moving to the latest software, such as the discontinuation of MT4 updates. In 2016, MetaQuotes Head of Sales Anthony Papaevagorou even said: “MT4 is slowly dying out”. The reality is that the software is not dead yet, but FX and CFD brokers have been widening their trading platform offering by having both MT4 and MT5 of the MetaQuotes brand.

FP Markets offers over 10,000 trading instruments across Forex, Equity CFDs, Indices, Futures CFDs, and Bitcoin. The broker provides instant deposits, internal transfer between accounts, leverage changes (up to 500:1) and reset of trading passwords. ts onboarding process takes less than five minutes to complete, which has proven to be successful to the business. FP Markets’ electronic verification allows clients to be accepted instantly and start trading.

The new Client Portal introduced bespoke features including the easy creation of additional accounts as well as the availability of MT4, MT5 and the IRESS platform and multiple account types (RAW and Standard); ability to run reports on all trading accounts and cash activity which can be exported to excel at the touch of a button; access to live chat support, FAQ and other online trading resources plus track your trades and monitor your positions through a secure client interface.

Craig Allison, Head of Global Development at FP Markets
Craig Allison, Head of Global Development at FP Markets

Craig Allison, Head of Global Development at FP Markets, commented,

“We are delighted with our new bespoke Client Portal which will empower our clients’ user experience. We considered the tasks and functionality that would offer our clients faster, more secure access and allow them to trade at greater speed and capacity. At FP Markets, we have a history of investing heavily in technology and our clients can be confident that FP Markets’ technology offering is unmatched in the market.”

Founded in 2005, FP Markets has over 12,000 clients worldwide that benefit from leverage up to 500:1, dark pool liquidity, no dealing desk, and 10 funding currencies.

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