Fortune Prime Limited
Founded in 2011
Online since 2011
No regulation (Vanuatu)
As a fervent and rigorous reviewer of trading brokers for DayFunded, I am here to provide a comprehensive and impartial breakdown of the trading broker service, FPG. Operated by the established company Fortune Prime Limited, FPG has made quite a name for itself since commencing operations in 2011. This review will delve into the features that define FPG as a leading broker in today's trading industry. Buckle up for an insightful journey!
The day trading journey with FPG begins with a mere $50 minimum account size. Quite affordable, isn't it? This low entry threshold makes FPG an appealing choice for novice traders looking to get their feet wet without sinking their entire savings.
With a minimum position size of 0.01, FPG enables traders to diversify their portfolios and manage risk effectively. This feature comes as a boon, especially for rookies who can take cautious small steps in the beginning.
FPG demonstrates a serious commitment to regulations. It's reassuring to know that the broker is under the stern eye of regulatory bodies, reinforcing the assurance of your funds' safety and the broker's service legitimacy.
Trading costs can become a spoiler, eating into your profit margins. But FPG's promise of low spread is indeed a relief. It aids in elevating your profit margins by lowering trading costs.
Unfortunately, FPG doesn't open its doors to traders from the United States. This limitation may hamper the company's global reach and potential user base.
An exciting feature of FPG lies in its arsenal of trading tools. The broker offers MAM, Segregated accounts, trading contests, personal manager, PAMM, and bonuses, to name a few.
Anproviding Multi-Account Management (MAM) system offers convenience to account managers while segregated accounts ensure optimal safety by keeping client and company funds separate. With trading contests, traders have the chance to test their skills against other market participants while the personal manager provides tailored guidance to help users achieve their trading goals.
Moreover, FPG gifts traders with bonuses, enhancing trading power and potentially profit-making opportunities.
FPG's max leverage feature (recybfPUJkrhdLzKD) bestows traders with substantial trading power, allowing them to control hefty positions even with a small investment. This feature is like the magic potion that has the potential to multiply profits.
Although some improvement would be well-seen for the inclusivity of US traders, FPG stands out as a competent player in the global brokerage industry with its diverse range of features, serious regulation commitment, low account size requirement and cost-friendly spreads.
Whether you're a veteran trader or a novice looking for a cost-effective and reliable trading platform, FPG hits many checkboxes and is well worth consideration in your broker assessment process.
We hope this insight-filled review helps you make an informed decision in your choice of the trading broker. Remember, assessing your trading goals, risk tolerance, and investment capacity is absolutely crucial in making the right choice. Trade wisely!
(Disclaimer: Trading involves risks and may not be suitable for everyone. DayFunded does not endorse any specific broker and this review is provided for informational purposes only)