FP Markets expands multi asset offering with Corn, Wheat, Soybeans, and Cocoa

Rick Steves

Founded 16 years ago, the FX broker offers interbank Forex spreads from 0.0 pips and leverage up to 500:1 on its Pro Account.

FP Markets has added new Soft Commodities products to its offering available on the MetaTrader platforms, both MT4 and MT5.

“FP Markets is continually striving to provide exciting trading opportunities for traders around the globe and is consistently adding new financial tools, products, assets and state-of-the-art technology”, said Craig Allison, Chief Executive Officer – Head of EMEA at FP Markets.

“FP Markets combines award-winning fast execution, deep liquidity, tight spreads with cutting-edge platforms and multilingual customer support, which are the key ingredients that give traders the knowledge and confidence to trade.”

Bonds, commodities, crypto, equities

The retail Forex and CFD broker expanded its range of products to include the following Soft Commodities: Corn (Corn / USD), Wheat (Wheat / USD), Soybeans (Soybeans /USD), Cocoa (Cocoa /USD).

FP Markets already offered oil, natgas, and coffee for trading on MT4/MT5: West Texas Intermediate Crude Oil (WTI);
West Texas Intermediate Crude Oil Cash (XTI/USD); Brent Crude Oil Cash (XBR/USD), Natural Gas (XNG/USD), US Coffee (COFFEE).

The expansion in soft commodities is part of the broker’s efforts to offer a multi-asset class trading experience as traders become more demanding.

In late 2021, FP Markets added several instruments in a wide range of asset classes, including exchange-listed products. This was a milestone for the 16-year broker mostly known for its FX offering.

FP Markets added bonds, commodities, crypto CFDs, and equities, little after introducing its very own Share CFD Directory, which adds to an array of trading tools offered to traders to enhance their trading experience and contains a dedicated page for each Share CFD available on MT4 and MT5.

The multi-regulated Forex Broker added the following products in late December 2021.

Bonds:
US 10 YR T-Note Futures (US10YR)
UK Long Gilt Futures (GILT)

Commodities:
US Coffee (COFFEE)
Silver (XAGEUR)

Cryptocurrency CFDs:
Cardano (ADAUSD)
DogeCoin (DOGUSD)
Polkadot (DOTUSD)
EOS (EOSUSD)
Chainlink (LNKUSD)
Stellar (XLMUSD)
Ripple (RPLUSD)

Equities:
ASX Shares (Now available through MT5)

FP Markets ventured into social trading

Founded 16 years ago, the FX broker offers interbank Forex spreads from 0.0 pips and leverage up to 500:1 on its Pro Account.

For years, such high leverage was available for retail customers as well but regulatory changes in recent times – including Australia’s ASIC leverage restrictions on CFD retail products – have changed the landscape.

In March 2021, FP Markets launched its social trading service as community trading becomes part of the new paradigm. FP Markets Social Trading offers control whether the user is looking to trade as a Copier or offering trading strategies as a Provider.

Copy trading removes some of the complexities of trading forex and CFDs and allows customers a more accessible entry point to trading the global financial markets by following successful traders, or Providers.

These Providers are ranked by FP Markets based on their profitability over a given period of time and potential copiers have the ability to view their full trading history and past performance.

With social trading, users have no need to develop their own trading plan as they can just follow the performance of successful traders in real-time and mirror the behavior of professional traders with a proven track record.

While having no need to make any trading decisions, users still maintain control over their accounts. The service allows multiple copy trading options and risk management strategies, with automated trading.

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