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FNmarkets Spreads, leverage, minimum deposit Revealed

WikiFX | 2025-07-28 18:21

Abstract:FNmarkets is a trading platform founded in 2022. It operates without regulatory oversight and offers access to over 84 market instruments, including commodities, indices, and CFDs (Contracts for Difference). The platform provides a demo account for practice trading and supports high leverage of up to 1:500, with spreads starting at 0 pips. Trading is conducted on the MT5 platform, and the minimum deposit required to open an account is $50. Traders on FNmarkets have access to three types of accounts: Standard Account, Raw Account, and Islamic Account.

FNmarkets Review Summary
Founded2022
Registered Country/RegionSaint Lucia
RegulationNot Regulated
Market Instruments84+, Commodities, Indices, CFDs
Demo Account✅
Islamic Account✅
LeverageUp to 1:500
SpreadFrom 0.8 pips (Standard account)
Trading PlatformMT5
Minimum Deposit$50
Customer Support24/7 support, live chat
Phone: +60 3 6043 0694
Email: support@fnmarkets.com
Social Media: Telegram, YouTube, LinkedIn, Facebook, Twitter, Threads
Regional RestrictionsNorth Korea, Myanmar, Malaysia, Wake Island, Guam, Sri Lanka, Canada, Northern Mariana Islands, Bangladesh, Puerto Rico, American Samoa, Illinois, the United States

FNmarkets Information

  FNmarkets is a trading platform founded in 2022. It operates without regulatory oversight and offers access to over 84 market instruments, including commodities, indices, and CFDs (Contracts for Difference). The platform provides a demo account for practice trading and supports high leverage of up to 1:500, with spreads starting at 0 pips. Trading is conducted on the MT5 platform, and the minimum deposit required to open an account is $50. Traders on FNmarkets have access to three types of accounts: Standard Account, Raw Account, and Islamic Account.

FNmarkets' homepage

Pros and Cons

ProsCons
No account-keeping or inactivity feesNot regulated
Three account typesRegional restrictions
Multiple payment methods
Demo accounts available
MT5 supported
Low minimum deposit
No deposit fees
Live chat support

Is FNmarkets Legit?

  FNmarkets have not been regulated by any authorities. Please be aware of the risk!

No license

What Can I Trade on FNmarkets?

  FNmarkets claims to offer over 84 tradable products including CFDs, commodities, and indices.

Trading AssetsAvailable
CFDs✔
commodities✔
indices✔
bonds❌
options❌
ETFs❌
funds❌

Account Type

  Traders on FNmarkets get access to three types of accounts: Standard Account, Raw Account, and Islamic (Swap-free) Account.

Account TypeStandard Raw Islamic
Execution TypeSTPSTPSTP
Minimum Deposit$50$50$50
Account comparison

Leverage

  FNmarkets offers leverage up to 1:500 for all account types. Please note that high leverage can amplify not only profits but also losses.

Fees

  The spreads on this platform differ depending on the account type. Traders using Raw Accounts benefit from a spread starting at 0.0 pips, whereas the spreads for Standard and Islamic Accounts begin at 0.8 pips.

Account TypeStandard Raw Islamic
Spread From0.8 pips0.0 pips0.8 pips
Commission$0$7$0

  FNmarkets claims that it does not charge any account-keeping or inactivity fees.

  Furthermore, commission fees are applied as trading commissions on our accounts. A commission of $7 Per Lot is charged for each trade. However, there are no additional charges for downloading, setting up, or subscribing to their platforms.

Trading Platform

Trading PlatformSupported Available Devices Suitable for
MT5✔Desktop, Mobile, WebExperienced traders
MT4❌Desktop, Mobile, WebBeginners
MT5 platform

Deposit and Withdrawal

  At FNmarkets, there are over 120 available deposit and withdrawal methods, includingVisa, Mastercard, Apple Pay, Google Pay, Sticpay, Volet, Crypto, etc. No deposit fees are charged.

Payment methods

Related broker

No Regulation
FNmarkets
Company name:FNmarkets LTD
Score
1.73
Website:https://fnmarkets.com
1-2 years | Suspicious Regulatory License | MT5 Full License | Regional Brokers
Score
1.73

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