FP Markets offers Islamic accounts on both MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, available in Standard and Raw types.
| 🔎 Account | ☪️ Islamic Standard | ☑️ Islamic Raw |
| 📌 Platform | MT4 - MT5 | MT4 - MT5 |
| 💴 Minimum Opening Balance | $100 AUD or equivalent | $100 AUD or equivalent |
| 📈 Spreads | From 1.0 pips | From 0.0 pips |
| 📉 Instruments | 70+ Forex pairs, metals, indices, commodities | 70+ Forex pairs, metals, indices, commodities |
| 📊 Max Leverage | 500:1 | 500:1 |
| 💹 Execution | ECN-Pricing | ECN-Pricing |
| 💱 Commission per Lot | Zero | USD $3 per 100,000 |
| 📍 Minimum Trade Size | 0.01 Lot | 0.01 Lot |
| ♒ EA’s | ✅Yes | ✅Yes |
| 📲 Mobile App | ✅Yes | ✅Yes |
| 🖇️ VPS Available | ✅Yes | ✅Yes |
| 🆓 Free Demo | ✅Yes | ✅Yes |
| 🚀Open an Account | 👉 Open Account | 👉 Open Account |
Overall Rating
- 4.9/5
Min Deposit
AUD 100
Regulators
ASIC, CySEC, FSCA, FSA, FSC, CMA
Trading Platform
MT4, MT5, Iress, WebTrader, cTrader, TradingView, Mobile App
Crypto
Yes
Total Pairs
70+
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
FP Markets Islamic Account – Key Point Quick Overview
- ☑️ Islamic Account
- ☑️ How to open an FP Markets Account
- ☑️ Demo Account
- ☑️ In Conclusion
- ☑️ Frequently Asked Questions
Islamic Account
FP Markets offers Islamic accounts on both MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, available in Standard and Raw types. To open an Islamic account, start by setting up a MetaTrader account, request conversion to an Islamic account via email, and await confirmation.
Islamic accounts provide access to a wide range of instruments including Forex, commodities, indices, shares, and cryptocurrencies, with the same features as standard accounts, such as high leverage, ECN pricing, and support for Expert Advisors (EAs). A demo account is also available for practice.
| 🔎 Account | ☪️ Islamic Standard | ☑️ Islamic Raw |
| 📌 Platform | MT4 - MT5 | MT4 - MT5 |
| 💴 Minimum Opening Balance | $100 AUD or equivalent | $100 AUD or equivalent |
| 📈 Spreads | From 1.0 pips | From 0.0 pips |
| 📉 Instruments | 70+ Forex pairs, metals, indices, commodities | 70+ Forex pairs, metals, indices, commodities |
| 📊 Max Leverage | 500:1 | 500:1 |
| 💹 Execution | ECN-Pricing | ECN-Pricing |
| 💱 Commission per Lot | Zero | USD $3 per 100,000 |
| 📍 Minimum Trade Size | 0.01 Lot | 0.01 Lot |
| ♒ EA’s | ✅Yes | ✅Yes |
| 📲 Mobile App | ✅Yes | ✅Yes |
| 🖇️ VPS Available | ✅Yes | ✅Yes |
| 🆓 Free Demo | ✅Yes | ✅Yes |
| 🚀Open an Account | 👉 Open Account | 👉 Open Account |
Frequently Asked Questions
What platforms support FP Markets’ Islamic accounts?
FP Markets offers Islamic accounts on both MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms.
How can I open an Islamic account with FP Markets?
To open an Islamic account, first set up a MetaTrader account, then request conversion to an Islamic account via email and wait for confirmation.
What trading instruments are available on FP Markets Islamic accounts?
Islamic accounts provide access to Forex, commodities, indices, shares, and cryptocurrencies, with the same features as standard accounts.
Do Islamic accounts support Expert Advisors (EAs)?
Yes, Islamic accounts support Expert Advisors (EAs), just like standard accounts.
Our Verdict
FP Markets offers Islamic accounts with the same features as standard accounts, including high leverage, ECN pricing, and access to a wide range of trading instruments. Available on both MT4 and MT5, these accounts also support EAs and provide a demo account for practice.
Overall Rating
- 4.9/5
Min Deposit
AUD 100
Regulators
ASIC, CySEC, FSCA, FSA, FSC, CMA
Trading Platform
MT4, MT5, Iress, WebTrader, cTrader, TradingView, Mobile App
Crypto
Yes
Total Pairs
70+
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
How to open an FP Markets Account
1. Step 1: Start the Registration Process
To open an account the applicant can click on the black “Open Live” button located at the top right corner of the FP Markets webpage.
2. Step 2: Choose Registration Option
The applicant can choose to register through three easy methods, Google, Facebook, and email.
3. Step 3: Complete Application
The applicant will be required to complete information in the following fields, Personal details, Account Configuration, and more.
Overall Rating
- 4.9/5
Min Deposit
AUD 100
Regulators
ASIC, CySEC, FSCA, FSA, FSC, CMA
Trading Platform
MT4, MT5, Iress, WebTrader, cTrader, TradingView, Mobile App
Crypto
Yes
Total Pairs
70+
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Demo Account
FP Markets does offer a free demo trading account for beginners to practice forex trading in a 100% risk-free environment. The FP Markets demo account expires after 30 days. The FP Markets demo account is virtually funded.
| 🔎 Broker | 🥇 FP Markets |
| 🆓 Demo Account | ✅ Yes |
| 📍 Account Options | Standard / Raw |
| 💸 Funded | Virtually |
| ☑️ Availability | 30 Days |
| 🚀 Open an Account | 👉Open Account |
Frequently Asked Questions
Does FP Markets offer a demo account for beginners?
Yes, FP Markets offers a free demo trading account for beginners to practice forex trading in a risk-free environment.
How long is the FP Markets demo account valid for?
The FP Markets demo account expires after 30 days.
Is the demo account funded with real money?
No, the FP Markets demo account is virtually funded, meaning it uses simulated funds.
Can I use the demo account for real-time market practice?
Yes, the demo account provides access to real-time market conditions for practice, without any risk.
Our Verdict
FP Markets provides a free demo trading account, ideal for beginners to practice forex trading in a 100% risk-free environment. The demo account is virtually funded and expires after 30 days, offering an excellent way to familiarize oneself with trading without financial risk.
Overall Rating
- 4.9/5
Min Deposit
AUD 100
Regulators
ASIC, CySEC, FSCA, FSA, FSC, CMA
Trading Platform
MT4, MT5, Iress, WebTrader, cTrader, TradingView, Mobile App
Crypto
Yes
Total Pairs
70+
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
In Conclusion
FP Markets offers a robust range of account options, including Islamic accounts available on both MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms. These accounts provide access to a wide range of instruments, including Forex, commodities, indices, shares, and cryptocurrencies, with the same features as standard accounts, such as high leverage, ECN pricing, and support for Expert Advisors (EAs).
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Frequently Asked Questions
What platforms support FP Markets’ Islamic accounts?
FP Markets offers Islamic accounts on both MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms.
How can I open an Islamic account with FP Markets?
To open an Islamic account, first set up a MetaTrader account, then request conversion to an Islamic account via email and wait for confirmation.
What trading instruments are available on FP Markets Islamic accounts?
Islamic accounts provide access to a variety of instruments, including Forex, commodities, indices, shares, and cryptocurrencies.
Do Islamic accounts support Expert Advisors (EAs)?
Yes, Islamic accounts support Expert Advisors (EAs), just like standard accounts.
Does FP Markets offer a demo account for beginners?
Yes, FP Markets offers a free demo trading account for beginners to practice forex trading in a risk-free environment.
How long is the FP Markets demo account valid for?
The FP Markets demo account expires after 30 days.
Is the demo account funded with real money?
No, the FP Markets demo account is virtually funded, meaning it uses simulated funds.
Can I use the demo account for real-time market practice?
Yes, the demo account provides access to real-time market conditions for practice, without any risk.
Are Islamic accounts available for both Standard and Raw account types?
Yes, FP Markets offers Islamic accounts for both Standard and Raw account types.
What are the key features of FP Markets’ Islamic accounts?
Islamic accounts offer high leverage, ECN pricing, access to a wide range of instruments, and support for Expert Advisors (EAs).
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