FPM

Based on publicly available information, FPM (Forex Price Markets Ltd) is registered in Belize and holds a license from the Belize Financial Services Commission (license no. IFSC/60/487/TS/19). However, its regulatory status is categorized as 'Not Regulated' by major financial authorities, and the broker has a low overall risk control score of 2.35 out of 10. Additionally, a user complaint has been reported regarding withdrawal issues. Due to limited regulatory oversight and reported concerns, traders should exercise caution.

FPM holds a Securities Trading License (EP) from the Financial Services Commission (FSC) of Belize under registration number IFSC/60/487/TS/19. However, the broker's regulatory status is listed as 'Not Regulated' in the data, indicating that it is not subject to supervision by a major financial regulator. The licence from Belize is considered a non-mainstream regulation.

The minimum deposit amount for FPM is not currently publicly specified by the broker.

It is not publicly specified whether FPM supports MT4 or MT5 trading platforms.

Pros: FPM offers 24-hour customer service in 5 languages and emphasizes technological innovation. Cons: The broker is not regulated by a major financial authority, has a low overall rating (core score 1.84/10), and a user complaint has been filed regarding the inability to withdraw funds. The licence from Belize carries limited credibility.

Yes, there is at least one documented user complaint on record. A user reported that the platform refused to return both principal and profits, stating that a profit from a gold trade was not paid out.

It is not publicly specified whether FPM accepts clients from the United States. The broker is registered in Belize and does not disclose region restrictions.

FPM is not recommended for beginners due to its low regulatory status, limited oversight, and reported withdrawal issues. Beginners are advised to consider brokers with stronger regulation and a more transparent track record.

Deposit and withdrawal convenience is not publicly specified. However, a user complaint indicates difficulties with withdrawals, including failure to release funds. Specific processing times are not disclosed.

The leverage offered by FPM is not currently publicly specified. Since the broker is not supervised by a major regulator and has a low risk control score, the risk is considered high. Traders should exercise caution.

To compare different brokers, investors can make comprehensive judgments from multiple dimensions such as regulatory qualifications, overall ratings, trading environment, account conditions, and user feedback. In general, priority should be given to regulatory status and license information, followed by WikiFX ratings and various indexes (such as risk control, software, and business indexes). At the same time, trading conditions (such as spreads and execution speed) and account information (such as minimum deposit and account types) should also be compared. In addition, user reviews, exposure records, and risk assessment information can also be considered to evaluate broker safety and trading experience from multiple aspects. The WikiFX platform also provides multi-dimensional broker comparison tools. Users can select different brokers for visual comparison and comprehensive analysis, so as to make decisions more efficiently.

To determine whether a broker is regulated, the key is to verify whether it holds a valid financial license. Investors can check the license number and status through the official websites of regulatory authorities (such as Financial Conduct Authority, Australian Securities and Investments Commission) to confirm whether the license is real and under valid supervision. It should be noted that some brokers may engage in license cloning or unauthorized operations, meaning they use another company's license or provide services in regions where they are not authorized. These situations also involve risks. In addition, investors can use WikiFX to check the broker's regulatory status, historical records, and risk ratings as supporting reference, so as to evaluate its compliance more comprehensively.

WikiFX is a third-party platform that provides forex broker information inquiry and risk alerts. This type of platform mainly integrates brokers' regulatory information, user feedback, and historical records, and conducts comprehensive evaluation through a multi-dimensional model to help investors quickly understand the broker's basic situation and potential risks. By using such tools, investors can conduct preliminary screening before choosing a broker, thereby reducing decision-making risks caused by information asymmetry.

Common forex regulatory authorities include the Financial Conduct Authority (FCA) in the United Kingdom, the Australian Securities and Investments Commission (ASIC), the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) in the United States, the Cyprus Securities and Exchange Commission (CySEC), and the Monetary Authority of Singapore (MAS). These regulatory authorities usually maintain relatively high regulatory standards, and brokers regulated by them generally have higher compliance levels. You can check broker ranking lists under different regulators on the WikiFX platform, such as brokers regulated by FCA, ASIC, and CySEC, so as to compare brokers under different regulatory backgrounds more clearly and make safer choices.

If a broker holds multiple regulatory licenses, it usually means that it operates in multiple countries or regions and needs to comply with the requirements of different regulatory authorities. Its overall credibility is generally higher. However, it should be noted that regulatory strength differs between licenses. Some offshore regulations have weaker restrictions, so safety should not be judged only by the number of licenses. It is recommended to focus on whether the broker holds licenses from major regulators such as FCA or ASIC, and evaluate its regulatory status, historical records, and overall rating together. You can also check all regulatory information and performance under different regulators on the WikiFX platform to more comprehensively assess its actual risk level.