Extremely disappointing and unreliable broker
I have traded more than 20,000 lots throughout my trading career and have experience with many brokers around the world, yet I have never encountered such poor service and reliability as with FPM Trading.
While the account creation and verification went smoothly, the problems started immediately afterwards. My credit card (issued by a regulated European bank) was not accepted, something I have never experienced with any other broker. After registration, I couldn’t log in anymore, even after resetting my password multiple times. The issue had to be fixed manually by support.
Customer support communication is also very poor. They don’t follow up as promised and responses are slow or incomplete.
Spreads are far higher than advertised. FPM claims spreads “as low as 0.0”, but in reality they’re often between 0.7–1.0 pips on major pairs like GBP/USD — completely unacceptable for a broker that promotes ECN-style conditions.
In addition, several default currency pairs on MT4 can’t even be traded. Traders have to manually select “raw” pairs, something that’s never clearly explained.
Most importantly, I experienced serious execution issues: I was unable to close a trade for more than 10 minutes, constantly getting “Please wait” messages. The trade only closed after repeated attempts. This completely destroyed my trust in the platform.
Overall, FPM Trading has proven to be unreliable and unprofessional. I’ve since closed my account and strongly advise other traders to be cautious before depositing any funds here.
29 oktober 2025
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