FP STOCKS MARKETS has been flagged by Comisión Nacional del Mercado de Valores for "Unregistered/Unlicensed entity offering financial products or services". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
My withdrawal from FP STOCKS MARKETS was rejected three times for vague reasons. Each time they asked for more documents. When I finally provided everything, they said my account was under review. since I opened my account last year of being strung along.
Pros: Wide product range|Risk management tools|Intuitive for beginners
Cons: Withdrawal takes 1-2 business days
FP STOCKS MARKETS locked my account without warning and demanded documents I had already submitted. for just over a year later I still do not have access to my funds. Their compliance team does not respond to emails. I am considering legal action.
Pros: Professional team|Social trading features
Cons: Research section could be deeper|Minor UI glitches occasionally
This company appears on the IOSCO I-SCAN international warnings list. Over 68 financial regulators worldwide contribute to this database. While being listed doesn't automatically mean fraud, it's a significant red flag that potential investors should take seriously. Do your research thoroughly.
Cons: Listed in IOSCO I-SCAN|May not be authorized in your jurisdiction
Their execution during news is terrible. I had limit orders in place. When the news hit, my orders were not filled at the limit price - they were filled much worse. FP STOCKS MARKETS said it was market conditions. Same news, another broker filled me properly. They are not honest.
Pros: Smooth onboarding|Multi-currency support|Real-time alerts|Low minimum deposit
Cons: Some tools only available on higher tiers
Several red flags with FP STOCKS MARKETS: (1) They promise unrealistically high returns, (2) They're not registered with Comisión Nacional del Mercado de Valores, (3) Their contact information is vague, (4) They pressure you to deposit quickly. I recommend everyone do thorough due diligence before investing with any company.
Cons: Flagged by Comisión Nacional del Mercado de Valores|Cannot verify credentials
My withdrawal request from FP STOCKS MARKETS has been pending for over two weeks now. Every time I contact support, I get the same copy-paste response about processing times. This is unacceptable for a financial platform in this day and age.
Pros: Demo account available|Professional team|Two-factor authentication
Cons: Would like more payment methods|Inactivity fee applies after 12 months
I requested my data from FP STOCKS MARKETS under GDPR. They sent a partial export that was missing months of transactions. When I asked for the rest they said it was a technical issue. Still waiting. They do not take data rights seriously.
Pros: Clear documentation|API access|Responsive team|Real-time alerts
Cons: Some tools only available on higher tiers|Desktop app not available on Linux
FP STOCKS MARKETS has no proper customer support. The live chat is a bot. The phone number goes to a call center that cannot access your account. Email takes two weeks. When I had a real problem they were nowhere to be found.
Pros: High security standards|Full transparency|Automated trading options
Cons: No live chat on mobile
My card was charged twice by FP STOCKS MARKETS on the same day. I had to dispute it with my bank. FP STOCKS MARKETS then froze my account and said I had a negative balance because of the chargeback. They created the problem and then punished me for it.
Pros: Demo account available|Clean UI|Educational resources
Cons: Wish they had more educational resources|Email notifications too frequent
After doing some research AFTER the fact (I know, I should have done this first), I discovered that FP STOCKS MARKETS is not authorized by any legitimate financial regulator. They are operating illegally. The website looks very professional but it's all a facade. Please check the regulatory warnings database before investing with ANY company.
Cons: No regulatory oversight|Money disappeared|Fake testimonials