Account Management and Security
Updated 1 week Ago
1. Account Types and Login
- FP Markets provides demo and live accounts.
- MT4/MT5 login: enter account number, password, select server (Live: FPMarketsLLC-Live; Demo: FPMarketsLLC-Demo).
- If login fails, check credentials, remove extra spaces, and reset password via client portal if necessary.
2. Passwords and Security Settings
- Password requirements: at least 8 characters, including 1 uppercase letter, 1 number, and 1 symbol (! @ # $ % ^ &).
- Set a read-only password: Tools → Options → Server → Change → enter read-only password → confirm.
- Regularly update passwords and enable two-step verification for enhanced security.
3. Account Security and Unusual Activity
- If unauthorized login occurs: immediately contact support, suspend withdrawals, and change portal password, trading account password, and registered email.
- Negative balance protection ensures your account balance cannot fall below zero.
- Personal data and passwords are encrypted to prevent unauthorized access.
4. Client Fund Management
- Client funds are stored in segregated accounts at independent banks, separate from company operating funds.
- Deposits: instant (domestic); international wire: 1–15 business days.
- FP Markets charges no deposit fees; deposits over USD 10,000 can be reimbursed up to USD 50 for bank fees.
- Withdrawals: FP Markets charges no fees, third-party bank fees may apply.
5. Inactive Accounts and Fees
- Inactive accounts may incur management fees.
- Demo accounts expire after 90 days of inactivity and cannot be reactivated.
6. Updating Account Information
- Email, phone number, and password can be updated via the client portal.
- Investment knowledge and trading experience are collected to assess suitability and comply with regulations.
7. Deposits and Inter-Broker Transfers
- Funds can be transferred from other brokers to FP Markets:
- Complete the “Inter-Broker Transfer Form.”
- Use the bank information provided to initiate the transfer.
- Send the completed form to service@fpmarkets.com.cn to ensure proper follow-up.