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FPM Trading Broker Review

Written by Christopher Lewis
Christopher Lewis
Christopher Lewis is a professional trader and author specialized in Forex and Crypto trading.
, | Updated: September 26, 2025

FPM Trading is a recently launched forex and CFDs broker that commenced operations in 2025. It is authorized and regulated by the Financial Services Commission (FSC) of Mauritius, ensuring adherence to local regulatory standards. The broker strives to provide traders with seamless access to over 10,000 financial instruments via user-friendly platforms, top-tier liquidity, and competitive trading conditions.

At-a-glance Statistics

Number of Tradable FX pairs
Number of Regulators
TrustPilot Rating
Number of TrustPilot Reviews
Traffic & Engagement
  • Total visits, September 2025:563,822
  • Device distribution:
  • Desktop: 59.27%
  • Mobile: 40.73%
  • Visit duration: 00:02:57
Social Traffic
  • Visitors:
  • Youtube: 72.92%
  • LinkedIn: 4.26%
  • Facebook: 6.26%
  • Instagram: 5.28%
  • WhatsApp: 8.20%
  • Other: 3.08%
Geographic Distribution of FPM Trading Website Traffic

FPM Trading Contact Information

FPM Trading offers a diverse range of asset classes, including over 70 FX pairs, more than 10,000 stocks on global exchanges, 19 major global indices, commodities, bonds, metals, and digital currencies. To access these instruments, customers can choose between Standard Accounts with spreads starting from 1.0 pips and Raw Accounts with spreads as low as 0.0 pips, along with a US$3 commission per side. The minimum deposit requirement is US$60/ AU$100, or the equivalent in other currencies.

Additionally, the broker supports Copy Trading services, offering favorable trading opportunities for both Copiers and Providers. MAM/PAMM Accounts, forex VPS hosting service, and forex calculator are among the other services and tools provided by the broker.

As for leverage, the maximum allowable ratio is 1:500. Traders can pick between several platform options, including MetaTrader 4 (MT4), MetaTrader 5 (MT5), WebTrader, and cTrader. FPM Trading operates in compliance with the regulatory requirements of the Financial Services Commission (FSC) of Mauritius. As a regulated forex broker, the company adheres to strict capital requirements, robust risk management practices, and segregation of customer funds. Stay with us to learn further details about this freshly launched forex and CFD broker.

General Information about FPM Trading

Regulators Financial Services Commission of Mauritius
Min. Deposit A$100 (US$60)
Trading Platforms cTrader, MetaTrader 4, MetaTrader 5
Number of Forex pairs 70
Account Security and Protections Negative balance protection, client funds segregation at leading banks, SSL encryption, regular account statements

Account Information

Account Types Demo Account, MAM Account, Standard Account, Raw Account, PAMM Account
ECN Account Available
Pro Account Not Available
MAM Account Available

Trading Information

Markets Bonds CFDs, Commodities CFDs, Crypto CFDs, Forex CFDs, Indices CFDs, Stock CFDs
Min Contact Size 0.01
Max Contract Size 100 (100 lots)
Min Account Balance USD60
Scalping Allowed Available
Hedging Allowed Available
PAMM Trading Available
Swap-free Trading Not Available

Spreads

Market Instrument Account Spread
Forex CFDs AUDUSD Raw Account AVG 0.35 pips
Forex CFDs AUDUSD Standard Account AVG 1.45 pips
Crypto CFDs Cardano Standard Account AVG 37.92 pips
Crypto CFDs Dogecoin Standard Account AVG 129.6 pips
Crypto CFDs Ethereum Standard Account AVG 435.95 pips
Forex CFDs EURGBP Raw Account AVG 3.5 pips
Forex CFDs EURGBP Standard Account AVG 14.5%
Forex CFDs EURUSD Raw Account AVG 0.08 pips
Forex CFDs EURUSD Standard Account AVG 1.18 pips
Forex CFDs GBPUSD Raw Account AVG 0.39 pips
Forex CFDs GBPUSD Standard Account AVG 1.49 pips
Metals CFDs Gold Raw Account AVG 6.96 pips
Metals CFDs Gold Standard Account AVG 20.93 pips
Energy CFDs Natural Gas Standard Account AVG 0.02 pips
Forex CFDs NZDUSD Raw Account AVG 0.31 pips
Forex CFDs NZDUSD Standard Account AVG 1.51 pips
Crypto CFDs Ripple Standard Account AVG 34.09 pips
Crypto CFDs Solana Standard Account AVG 715.52 pips
Indices CFDs UK100 Standard Account AVG 1.52 pips
Indices CFDs US500 Standard Account AVG 0.46 pips
Forex CFDs USDCAD Raw Account AVG 0.65 pips
Forex CFDs USDCAD Standard Account AVG 1.75 pips
Forex CFDs USDCHF Raw Account AVG 0.96 pips
Forex CFDs USDCHF Standard Account AVG 2.06 pips
Forex CFDs USDCNY Raw Account AVG 8 pips
Forex CFDs USDCNY Standard Account AVG 18.94 pips
Forex CFDs USDJPY Raw Account AVG 0.6 pips
Forex CFDs USDJPY Standard Account AVG 16.97 pips

Leverage

Crypto CFDs 1:50 (FSCM | Retail Account)
Stock CFDs 1:20 (FSCM | Retail Account)
Crypto CFDs 1:50 (FSCM | Retail Account)
Energy CFDs 1:100 (FSCM | Retail Account)
Crypto CFDs 1:50 (FSCM | Retail Account)
Metals CFDs 1:500 (FSCM | Retail Account)
Stock CFDs 1:20 (FSCM | Retail Account)
Indices CFDs 1:100 (FSCM | Retail Account)
Indices CFDs 1:100 (FSCM | Retail Account)
Forex CFDs 1:500 (FSCM | Retail Account)

Deposit Methods

Visa CardAvailable
MasterCardAvailable
PaypalNot Available
Credit/Debit CardNot Available
AmexNot Available
Bank/Wire TransferAvailable
CryptoAvailable
BitcoinNot Available
SkrillNot Available
NetellerNot Available
Google PayNot Available
Apple PayNot Available
PayidNot Available
USDTNot Available
TetherNot Available
AstropayNot Available

Regulations and Security

FPM Trading is regulated by the Financial Services Commission (FSC) of Mauritius, the authority responsible for supervising non-banking financial services and global business within the jurisdiction. The FSC enforces compliance with strict capital adequacy standards, ensuring that licensed brokers such as FPM Trading can meet client payout obligations and maintain financial stability.

To uphold regulatory standards, FPM Trading implements comprehensive internal controls covering risk management, financial reporting, staff recruitment, and external audit procedures. These measures are designed to strengthen transparency, accountability, and operational resilience.

As per the requirements of the regulator, FPM Trading keeps its customer funds in separate accounts from the company’s operating capital. Thus, customers’ funds are protected even in the unlikely event of the company going bankrupt. Beyond regulatory compliance, FPM Trading provides clients with regular account statements and reporting, enhancing transparency and reinforcing trust across its operations.

Account Types and Features

FPM Trading supports two main account types, Standard and Raw, alongside a Demo Account for practice. The demo account allows beginners or traders testing new strategies to simulate real market conditions without risking funds. Below is a detailed breakdown of the available account types:

  • Standard Account

    The Standard Account option at FPM Trading has a minimum deposit threshold of US$60 / AU$100 (or currency equivalent). Under this pricing model, customers take advantage of spreads starting from 1.0 pips, with no added commissions. Clients gain access to the full range of instruments available, including forex, metals, indices, commodities, and stocks. The account supports a maximum leverage of 1:500, but it is subject to variation across asset classes. Trade sizes start from 0.01 lots and go up to 100 lots. Expert Advisors (EAs), scalping, and hedging are allowed. Access to a VPS hosting service is available as well.

  • Raw Account

    The Raw Account has the same minimum deposit requirement of US$60 / AU$100 (or currency equivalent). Spreads are tighter, starting from 0.0 pips, but a commission of US$3 per side (US$6 per round turn) applies. Leverage limits and trade sizes mirror those of the Standard Account, with the same flexibility for EAs, scalping, and hedging. This account type is particularly suitable for traders seeking institutional-grade pricing and lower spread costs.

  • Demo Account

    Opening a demo account requires providing basic details such as name, email, country of residence, language preference, phone number, and chosen trading platform. Applicants must also set up a password, select between the Standard or Raw account models, and choose an account currency, with the options being USD, EUR, GBP, or PLN.

In addition to these main account types, FPM Trading supports Multi-Account Manager (MAM) and Percentage Allocation Money Management (PAMM) solutions. These accounts are tailored to the needs of professional money managers, companies, and retail investors looking for managed account structures.

At present, FPM Trading does not offer swap-free (Islamic) options.

How to Open an Account

Opening a live account with FPM Trading is a six-step process, involving providing Personal Details and Further Information, Account Configuration, Declaration, Verification, and Depositing Funds.

  1. Personal Information: Applicants begin by providing basic details, including their email address, first and last name, gender, account type (Individual, Joint, or Corporate), country of residence, preferred language, and phone number.
  2. Further Information: In this step, traders must supply additional details such as date of birth, residential address, employment type, occupation, and annual income. This information helps in assessing financial suitability and complies with regulatory requirements.
  3. Account Configuration: Traders then configure their accounts by selecting a trading platform (MT4, MT5, or cTrader) and one of the two account types (Standard or Raw). They must also set the account currency (USD, EUR, GBP, or PLN), choose a leverage ratio ranging from 1:1 (no leverage) to 1:500, and create a secure password.
  4. Declaration: Applicants complete a short questionnaire about their trading knowledge and experience. They must also confirm that they have read and agreed to the broker’s Terms and Conditions, Privacy Policy, Client Agreement, Best Interest and Order Execution Policy, and Conflicts of Interest Policy.
  5. Verification Process: After completing registration, traders are directed to their Client Area, where they must verify their accounts. This involves uploading valid identity and proof of residence documents, in line with AML (Anti-Money Laundering) and KYC (Know Your Customer) standards.
  6. Deposit Funds: Once verification is approved, the final step is funding the account. Traders can choose from several deposit methods, including bank transfers, credit cards, and cryptocurrencies.

Trading Platforms

FPM Trading supports MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader, and WebTrader (for those willing to trade directly from their web browser). The broker provides detailed information on each platform’s features, trading account options, and associated fees.

The popular MetaTrader 4 (MT4) platform, known for its user-friendly interface and powerful trading capabilities, provides features such as a customizable interface, one-click trading, real-time MarketWatch, live price streaming, and support for automated trading through Expert Advisors (EAs). FPM Trading supports MT4 across desktop, mobile, and web versions, catering to different trader preferences. The broker offers its primary Standard and Raw Accounts on MT4. As far as pricing is concerned, trading forex and metals involves no commissions with Standard Accounts and a US$3 commission per side with Raw Accounts. Commodities, indices, and crypto do not entail commissions with both account types.

FPM Trading integrates MetaTrader 5 (MT5), offering traders a powerful platform with advanced features such as depth of market, multiple pending orders, and support for algorithmic and automated trading. The broker provides two MT5 account types: Standard and Raw. On the Standard account, trades on forex and metals incur no commissions, while commodities, indices, and crypto are commission-free on both Standard and Raw accounts. Raw account trades on forex and metals include a US$3 commission per side. For equity and ETFs CFDs, commissions vary depending on the specific instrument traded, reflecting a tailored fee structure for diverse assets.

FPM Trading offers cTrader, a sophisticated trading platform known for advanced charting tools, multiple built-in indicators, algorithmic trading via cTrader Algo, and copy trading functionality via cTrader Copy. The broker provides both Standard and Raw accounts on cTrader. Trades on forex, metals, commodities, indices, and crypto incur no commissions on Standard accounts, with all costs built into the spread. On Raw accounts, commissions apply to forex and metals trades at US$3 per side, while commodities, indices, and crypto remain commission-free on both account types. Equity and ETF CFDs commissions vary by instrument, ensuring a flexible fee structure suited to diverse trading preferences.

Trading Instruments

FPM Trading offers extensive access to global markets with a diverse range of CFD instruments. Traders can seize market opportunities 24/5 across key asset classes such as forex, shares, indices, commodities, bonds, metals, and cryptocurrencies.

  • Forex

    • Instruments: Over 70 currency pairs, including major pairs like GBP/USD, AUD/USD, and EUR/USD
    • Leverage: Up to 1:500
    • Features: Tight raw spreads starting from 0.0 pips
  • Shares (CFDs)

    • Instruments: CFDs on thousands of global shares, including Apple, Meta, and Amazon; access to major exchanges like NASDAQ, NYSE, and LSE
    • Leverage: Up to 1:20
    • Features: Ability to go long or short to profit from price fluctuations
  • Indices

    • nstruments: More than 15 major global indices, such as NASDAQ 100, S&P 500, GER 40, and NIKKEI 225
    • Leverage: Up to 1:100 (with some indices like CHINA50, INDIA50, USDX, and VIX at lower leverage)
    • Features: Trade index price movements without owning the underlying asset, and reduce volatility by trading a basket of equities
  • Commodities

    • Instruments: CFDs on gold, silver, Brent and WTI crude oil, plus energy, metals, and agricultural products
    • Leverage: Up to 1:500, oil leverage at 1:100
    • Features: Low-margin, cost-efficient trading with fast execution
  • Bonds

    • Instruments: Futures on US 10-Year Treasury and UK Long Gilt
    • Leverage: Up to 1:200
    • Trading perks: Low margin costs combined with swift trade execution
  • Digital Currencies

    • Instruments: Bitcoin, Ethereum, Ripple, Bitcoin Cash, Litecoin; no crypto wallet needed
    • Leverage: Up to 1:50
    • Features: Low-margin and cost-efficient trading without sacrificing execution speed

FPM Trading stands out with its broad instrument selection, competitive leverage, and efficient trading conditions to suit a wide variety of trader preferences and strategies.

Trading Conditions

FPM Trading is regulated by the Financial Services Commission of Mauritius (FSC) under license number GB25204316, with its registered office at Suite 201, 2nd floor, 40 Silicon Avenue, The Catalyst Building, Cybercity, Ebene, Mauritius. The broker excludes clients from the US, Canada, Israel, New Zealand, Iran, Russia, Myanmar, and North Korea, as well as jurisdictions where its services would violate local laws. Traders must agree to FPM Trading’s Terms and Conditions, Privacy Policy, Client Agreement, and execution-related policies before opening accounts.

Leverage on FPM Trading accounts can reach up to 1:500, varying according to asset class, with adjustable options upon account setup. High leverage increases risk, requiring prudent risk management. Standard accounts are spread-based with no commissions, while Raw accounts offer tighter spreads from 0.0 pips plus a $3 commission per side. Trading volumes range from 0.01 to 100 lots with fast executions via the NY4 server and access to top-tier liquidity.

Deposits and Withdrawals

FPM Trading offers a range of secure and convenient payment methods, giving traders flexibility when funding or withdrawing from their accounts. Clients can also choose from multiple account currencies, such as USD, EUR, GBP, and PLN.

Deposit

  • Deposit Options: bank wires (local and international), credit cards (Mastercard or Visa), and cryptocurrencies.
  • Minimum Deposit Requirement: The minimum funding requirement is US$60 (or AU$100), applicable to both Standard and Raw accounts. Deposits can be made quickly and securely via the Client Portal.
  • Deposit Processing Time:
    • Bank transfers: Usually handled quickly, but timing depends on the sending bank and transfer route.
    • Credit/debit cards: Funds are typically available instantly, offering fast and secure account top-ups.
    • Cryptocurrency: Transactions are processed within an hour and avoid additional banking fees.

Withdrawal

  • Withdrawal Options: Withdrawals should generally be made using the same method as the original deposit. Card withdrawals are limited to the amount initially deposited, with any excess available via other supported methods. Payment options include bank transfers, credit/debit cards, and cryptocurrencies.
  • Minimum Withdrawal Requirement: Bank transfers require at least US$100, card withdrawals depend on the original deposit, and crypto withdrawals start from $50.
  • Withdrawal Processing Time:
    • Cards: Requests are processed within one business day; the exact time to reach your account depends on your bank.
    • Bank transfers: International withdrawals usually take 5–10 business days to arrive.
    • Cryptocurrency: Requests are processed within one business day, with transfers typically completed within an additional business day, depending on the receiving wallet.

Security and Transparency

  • As a regulated broker, FPM Trading keeps client funds in segregated trust accounts with leading international banks, ensuring they remain separate from the company’s operating funds.
  • All electronic transactions are protected with SSL (Secure Socket Layer) encryption, adding an extra layer of security.
  • Payment details are treated as strictly confidential and are used solely for funding customers’ trading accounts with FPM Trading.

Copy Trading and Additional Services

FPM Copy Trading allows clients to discover, follow, and automatically replicate the strategies of other experienced traders. The service is available through the MT4 and MT5 platforms. To get started, traders need to open and fund a live account before selecting the traders they wish to follow.

Using the Ratings Page, which ranks Providers based on performance, clients can review and choose the traders they want to copy. With just one click or tap on the ‘Follow’ button, the copying process begins. The platform offers flexibility, including multiple copy trading modes and the ability to follow as many Providers as desired. This makes it easy to test different strategies and see which approach works best. Although trades are replicated, users remain in full control as they can enable or disable copy trading at any time with a single click. By logging into the Social Trading portal with MT4 or MT5 credentials, traders can also manage risk with the help of tools such as stop-loss and take-profit orders.

To become a Provider, traders must also set up and fund a live account. From the Client Portal, they can access Social Trading, register as a Provider using their MT4 or MT5 login, and create an offer. This includes naming the offer, setting a performance fee, and choosing the charging interval. Once published, the offer becomes visible to the Social Trading community. Through the portal, Providers can monitor their offers, track follower activity, and review earned fees.

In addition, FPM Trading supports Multi-Account Manager (MAM) and Percentage Allocation Money Management (PAMM) accounts, catering to money managers, companies, and retail investors.

The broker also offers Forex VPS hosting for MT4 and MT5, ensuring uninterrupted 24/5 trading, even when offline. The service provides stability against power outages, supports all Expert Advisors (EAs), and includes 24/7 technical support.

For traders meeting a monthly trading volume of over 5 lots (on forex and metals) on a Standard account or over 10 lots on a Raw account, FPM Trading covers the VPS subscription cost through its partner provider.

To request VPS access, clients can contact support via the Live Chat functionality, email (support@fpmtrading.com), or by submitting a Registration Form available on the broker’s website, with their name, email address, and account number.

Customer Service

FPM Trading provides multiple customer support channels to assist clients quickly and professionally. Traders can reach the team via phone (+441919340541), email (support@fpmtrading.com), or the convenient Live Chat, where knowledgeable representatives respond in real time.

For added flexibility, a Callback Request Form is available, allowing clients to enter their name, email, phone number, and message for a prompt follow-up. The company’s head office is located at Suite 201, 2nd Floor, 40 Silicon Avenue, The Catalyst Building, Cybercity, Ebene, Mauritius. With these options, FPM Trading ensures accessible and reliable customer service to support traders’ needs.

Pros and Cons

Pros

  • Competitive spreads on over 10,000+ financial instruments, ensuring broad exposure to diverse financial markets
  • Flexible payment methods, including bank wires, cards, and crypto
  • Advanced third-party platforms, including MT4, MT5, and cTrader
  • Copy Trading through MT4 and MT5
  • Timely and professional customer support

Cons

  • No FAQ page
  • No educational resources

Conclusion

FPM Trading is a newly launched broker offering a wide range of CFDs, forex, indices, commodities, metals, bonds, and cryptocurrencies. Regulated by the Financial Services Commission of Mauritius, it ensures client funds are segregated and protected. Traders can choose between Standard and Raw accounts, with access to MT4, MT5, cTrader, and WebTrader platforms.

The broker provides advanced features like Copy Trading, MAM/PAMM accounts, and VPS hosting, along with competitive spreads and high leverage. With multiple deposit and withdrawal methods, secure transactions, and professional customer support, FPM Trading presents a flexible and reliable trading environment for both beginners and experienced traders.

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