FP Markets offers original accounts with small spreads and standard accounts for beginners.。Which account type is best for you？

In terms of trading, the trader must decide to choose the right account type。Different account types offer different features and benefits, so it is important to choose the account type that best suits your trading style and goals。

One of the best forex brokers for retail traders right now is FP Markets。FP Markets is an Australia-based reputable and trusted forex broker that offers two types of accounts to meet different needs: standard accounts and original accounts。

Standard account is the most basic type of trading account, suitable for beginners or market novices。Original accounts, on the other hand, are designed for more experienced traders looking for transparent pricing and narrower spreads.。

Closer to home, we'll dive into the details to help you decide which account is best for your needs。

FP Markets Background

FP Markets is a reputable and experienced broker that has been operating since 2005.。Headquartered in Australia, the company is regulated by ASIC (Australian Securities and Investments Commission) and CySEC (Cyprus Securities and Exchange Commission), ensuring compliance with strict regulations and standards.。Their ASIC registration number is 286354 and CySEC license number is 371 / 18.。

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Maintaining an overnight position will not result in overnight / rollover fees reducing your income, so you don't have to worry about。FP Markets offers the most competitive swap rates in the industry by introducing swap points in the form of real-time swap rate listings on the MT4 and MT5 platforms。For example:

• ACWI: long position is -5.00, the short position is -2.50。
  ADAUSD: long position at -20.00, with a short position of -20.00。
  AGG: long position is -5.00, the short position is -2.50。

They offer more than 10,000 CFDs with spreads as low as 0.0 point。The broker leverages raw pricing directly from top liquidity providers to enable clients to benefit from a large number of regulated financial institutions.。

FP Markets offers advanced trading platforms such as MetaTrader 4 and MetaTrader 5, IRESS (with three account options), WebTrader, and mobile apps for Android and iPhone users。In addition, they offer VPS solutions for automated traders, EAs and scalpers with minimal restrictions on various trading strategies。

FP Markets Account Types Overview

FEATURES	Standard Account	Original Account
Minimum deposit	100 AUD or equivalent	100 AUD or equivalent
Spread	1.From 0 o'clock	0.From 0 o'clock
Trading instruments	60 + Forex Pairs, Metals, Indices, Commodities	60 + Forex Pairs, Metals, Indices, Commodities
Maximum Leverage	500:1	500:1
Execution	ECN Pricing	ECN Pricing
Commission per lot	❌	$3 per party
Minimum transaction size	0.01 Hands	0.01 Hands
🤖EA	✔️	✔️
Mobile applications	✔️	✔️
VPS Hosting	✔️	✔️
🕌Islamic Account	✔️	✔️
Algorithmic trading	✔️	✔️
documentary transaction	✔️	✔️
API transactions	❌	❌

Differences between standard and original accounts

The main difference between the FP Markets standard account and the original account is the way they handle spreads and commissions.。

The spread of a standard account is usually from 1..Starting at 0, the difference between the bid and ask prices of a currency pair or other financial instrument。Spreads can include markups, which are added by brokers to cover their own costs and make a profit。On the other hand, the original account has a small spread, with spreads starting as low as 0 for some currency pairs.0 point。There is no mark-up on the price the account receives from the liquidity provider, which leads to more transparent pricing for traders。In addition, the original account of FP Markets uses the ECN / STP execution model to speed up execution and reduce slippage。

Another difference is the commission。The original account has a commission of $3 per side, while the standard account has no commission at all。

All in all, the standard account is more suitable for traders who are willing to pay slightly higher spreads for the convenience of a more user-friendly interface, while the original account is more suitable for traders who want the strictest possible spreads and transparent pricing.。

Which one is better？

Which account to choose depends on your trading style and your preference for narrower spreads or no commissions。Short-term forex traders who use scalping and intraday trading as their main strategy usually prefer smaller spreads and may opt for the original account。Traders with longer positions or less frequent trading can choose a standard account for a simpler trading experience。

It is important to spend time researching and comparing different account types so that you can choose an account type with features and advantages that meet your needs and trading style。

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FP Markets is a trusted global broker offering over 10,000 CFDs products covering Forex, Stocks, Indices, Commodities and Cryptocurrencies。The broker offers low commissions and as low as 0% through partnerships with leading banks and non-bank financial institutions..Original spread of 0 points。