Reviews / FPG
FPG Review
Expaid Trust Index — our transparent blend of regulation, member ratings, track record & cashback value.
Pros & cons
- Holds an ASIC (Australia) licence — a top-tier regulator — with negative balance protection
- Cent account available — a low-risk way for beginners to start small
- Low forex spreads and fast account opening
- No deposit or withdrawal fees
- 200+ instruments across forex, metals, indices and cryptocurrencies
- MetaTrader 4 only — no MetaTrader 5
- Fewer deposit and withdrawal methods than larger brokers
- International clients may fall under the offshore (Vanuatu) entity, which carries lower protection than the ASIC entity
ASIC-regulated Australian broker (established 2019) running on MetaTrader 4, with Cent and Standard accounts, leverage up to 1:500 and 200+ instruments across forex, metals, indices and crypto. The ASIC licence places it in a stronger regulatory tier than many cashback brokers; the trade-offs are MT4-only (no MT5) and a narrower set of funding methods.
Regulation & safety
FPG operates under these authorities. Your funds sit with the broker — Expaid only introduces you and shares back commission.
Earn up to $9.60 back on every FPG lot
Link your FPG account to Expaid and get a per-lot rebate paid weekly, win or lose — spreads unchanged, free to join.
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FPG FAQ
Does FPG offer cashback or rebates?
Yes. When you link your FPG MT4/MT5 account to Expaid you earn a cashback rebate on every trade — up to $9.60 per gold (XAUUSD) lot — paid whether the trade wins or loses. Expaid partners with FPG as an introducing broker (IB) and returns most of the broker's commission to you.
How much is the FPG cashback rebate per lot?
The FPG rebate is up to $9.60 per gold (XAUUSD) lot. The exact amount depends on your account type and the instrument you trade — see the rebate rate table on this page for the current range.
Does FPG offer gold (XAUUSD) cashback?
Yes — every XAUUSD lot you trade on FPG earns up to $9.60 in cashback through Expaid, paid weekly whether the trade wins or loses. Gold is where per-lot rebates add up fastest.
Can I get FPG cashback on an account I already have?
Yes. You can move your existing FPG account under Expaid's IB link and start earning cashback right away — your funds, spreads and open positions stay exactly the same.
When and how is FPG cashback paid?
Cashback is paid weekly straight into your FPG trading account, so you can use it as margin or withdraw it like any other funds. Expaid never holds your money.
Is there a fee to earn FPG cashback with Expaid?
No. Joining Expaid is free and your FPG trading conditions — spreads, execution and leverage — are unchanged. You simply earn a rebate on trades you already make.