FP Markets Reduces Spreads Across Key Asset Classes

Written by PR Newswire

SYDNEY, June 11, 2024 /PRNewswire/ -- In response to increasing investor demand for more cost-effective trading solutions, FP Markets ^[1], a global multi-asset Forex ^[2] and CFD ^[3] broker, has further reduced its spreads across various trading instruments.

Christodoulos Psomas, Head of Risk at FP Markets, expressed his enthusiasm for the move and commented, "Through the continuous optimisation of our trading infrastructure, we have successfully lowered spreads on several key instruments. Implementing this change across our platforms has resulted in a more cost-efficient trading environment for all our clients. We remain committed to maintaining and further enhancing these conditions as our goal will always be the delivery of a superior trading experience."

As part of the broker's efforts to minimise trading costs for its growing client base, the reduction in spreads applies to a selection of widely traded CFD products, including Spot Gold ^[4] (XAU/USD ^[5]), a range of Major and Minor Currency Pairs ^[6], as well as major Equity Indices ^[7], such as the Dow Jones Industrial Average (US30), the S&P 500 (US500), and the Nasdaq 100 (US100).

The FP Markets website ^[8] provides a breakdown of the revised spreads and the affected asset classes.

With a selection of over 10,000 CFDs to choose from, combined with low spreads, fast execution, a wide range of world-class Trading Platforms ^[9], such as MetaTrader ^[10], cTrader ^[11] and TradingView ^[12], as well as a multi-regulated trading environment, FP Markets continues to distinguish itself as the broker of choice for investors across the globe.

Notes to Editors

About FP Markets:

FP Markets is a Multi-Regulated Forex and CFDs Broker with over 19 years of industry experience.
The company offers highly competitive interbank Forex spreads starting from 0.0 pips.
Traders can choose from the leading powerful online trading platforms ^[13], including FP Markets' Mobile App ^[14], MetaTrader 4 ^[15], MetaTrader 5 ^[16], WebTrader ^[17], cTrader ^[18], Iress ^[19] and TradingView ^[20].
The company's outstanding 24/7 multilingual customer service has been recognised by Investment Trends and awarded 'The Highest Overall Client Satisfaction Award' over five consecutive years.
FP Markets was awarded 'Best Global Forex Value Broker' for five consecutive years (2019, 2020, 2021, 2022, 2023) at the Global Forex Awards.
FP Markets was awarded the 'Best Forex Broker – Europe' and the 'Best Forex Partners Programme – Asia' at the Global Forex Awards 2022 and 2023.
FP Markets was awarded 'Best Trade Execution' at the Ultimate Fintech Awards 2022.
FP Markets was crowned 'Best CFD Broker in Africa' at FAME Awards 2023.
FP Markets was awarded 'Best Trade Execution' and 'Most Transparent Broker' at the Ultimate Fintech Awards APAC 2023.
FP Markets regulatory presence includes the Australian Securities and Investments Commission (ASIC) Financial Sector Conduct Authority (FSCA) of South Africa, the Financial Services Commission (FSC) of Mauritius, the Cyprus Securities and Exchange Commission (CySEC), the Securities Commission of the Bahamas (SCB) and the Capital Markets Authority (CMA) of Kenya.
FP Markets was awarded the Best Price Execution Award at the Brokersview Awards 2024 Singapore.
FP Markets was awarded the 'Best Trading Experience - Africa' at FAME Awards 2024.