FPG

Company Introduction – FPG

Fortune Prime Global Limited (FPG), founded in 2011 in Australia, is a brokerage firm specializing in online financial trading services. FPG offers clients access to more than 100 trading instruments, including forex, commodities, stocks, cryptocurrencies, and indices. With a minimum deposit starting from USD 100, attractive leverage up to 1:500, and competitive spreads, FPG provides favorable conditions for both beginner and professional traders. The company supports the MT4 Margin WebTrader platform across multiple devices such as PC, Mac, iOS, and Android, while also offering demo accounts for users to practice before trading live. Additionally, FPG focuses on customer service through international hotlines and email support, with its headquarters located in Box Hill, VIC, Australia.

Pros and Cons

Pros:

• Wide range of currency pairs and trading instruments.
• Low minimum deposit ($100).
• Four account types to choose from.
• Attractive leverage up to 1:500.
• Competitive spreads and low trading fees.
• Support for MT4 and WebTrader platforms.
• Copy trading available.
• Demo accounts available.

Cons: 

• Limited customer support options.
• Potential risk of price manipulation.
• Withdrawal options limited and may be delayed.
• No Islamic trading accounts.

Trading Products

FPG provides traders with access to: Forex, commodities, stocks, cryptocurrencies, indices.

Account Types

• PRO Account: 

+ Minimum Deposit: $50

+ Minimum Trade Size: 0.01 lot

+ Spreads from: 1.4 pips

+ Trading Fee: 0

+ Leverage: 1:500

+ Instruments: 200+

• ECN Account:

+ Minimum Deposit: $100

+ Minimum Trade Size: 0.01 lot

+ Spreads from: 0.0 pips

+ Trading Fee: $3.5/lot per side

+ Leverage: 1:500

+ Instruments: 200+

Trading Fees

• PRO Account: No trading fees, spreads from 1.4 pips
• ECN Account: $3.5/lot trading fee, spreads as low as 0.0 pips

Trading Platforms

• MT4 Margin WebTrader.
• Supported on Web, PC, Mac, iOS, and Android.
• Suitable for beginners.

Deposits and Withdrawals

• Supported methods: Bank Wire, China Union Pay, Dragonpay, Help2Pay, Payment Asia, Tether
• No deposit/withdrawal fees
• Processing time: instant or 1–3 business days depending on the method

Copy Trading

FPG supports Copy Trading, allowing traders to follow and replicate the trades of experienced professionals.

Conclusion

FPG is a broker offering diverse trading instruments, user-friendly platforms, and competitive fees. With high leverage, multiple account types, and copy trading support, it suits both beginner and professional traders. However, limited withdrawal speed and the absence of Islamic accounts may be downsides to consider.