FP Markets Review

James Wilson

Written by

James Wilson
Edith Balazs

Fact Checked by

Edith Balazs

Updated

Jan 4, 2026
Broker review header

90

Trust Score: 90/100

Based on regulatory status, company history, and financial transparency

  • 10,000+ tradable CFD instruments
  • Regulated by ASIC, CySEC, FSCA, FSC, CMA (multi-jurisdictional)
  • Raw ECN spreads from 0.0 pips ($6 RT commission)
  • 40+ industry awards for excellence
  • Iress platform for DMA share trading
  • TradingView integration available
  • 24/7 multilingual customer support
  • FP Markets Academy education

Founded

2005

Headquarters

Sydney, Australia

Clients

200,000+

Why choose FP Markets

FP Markets is a trusted Australian forex and CFD broker established in 2005, celebrating 20 years of excellence. Regulated by Tier-1 authorities ASIC and CySEC, the broker offers access to over 10,000 instruments with competitive ECN pricing and institutional-grade execution. FP Markets has won over 40 industry awards for its trading conditions, customer service, and platform variety. The broker offers MT4, MT5, cTrader, TradingView integration, and the advanced Iress platform for DMA share trading. With raw spreads from 0.0 pips on ECN accounts, $100 minimum deposit, and 24/7 multilingual support, FP Markets serves traders globally through entities in Australia, Cyprus, South Africa, and Mauritius. The FP Markets Academy provides comprehensive educational resources.

Pros

  • ASIC and CySEC Tier-1 regulation
  • Raw spreads from 0.0 pips
  • 10,000+ instruments available
  • Excellent platform variety (MT4/MT5/cTrader/Iress/TradingView)
  • 40+ industry awards
  • 24/7 multilingual support
  • $100 minimum deposit

Cons

  • Iress platform requires $1,000 minimum
  • Limited cryptocurrency selection
  • Demo account expires after 30 days
  • Iress monthly fee (waivable)
FP Markets logo

FP Markets

Save Wishlist's

Popular choice

Min Deposit:

$100

Inactivity Fee:

No

Regulated:

Yes

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FP Markets offers competitive pricing with two main account types. Standard accounts are commission-free with spreads from 1.0 pips. Raw ECN accounts offer spreads from 0.0 pips with a $3 per side ($6 round turn) commission. The Iress platform for DMA trading has separate commission structures. No deposit fees, no inactivity fees, and free withdrawals for most methods. The broker is a member of The Financial Commission (June 2025), providing up to €20,000 protection.

InstrumentStandardRaw/Pro
EUR/USD1.0-1.1 pips (Standard)0.0 pips + $3/side (Raw)
GBP/USD1.1 pips (Standard)0.1 pips + $3/side (Raw)
USD/JPY1.1 pips (Standard)0.1 pips + $3/side (Raw)
Gold (XAU/USD)VariableVariable + commission
S&P 500 (US500)0.5 points0.5 points
BTC/USDVariableVariable

Deposit Fee

$0

Withdrawal Fee

Free (most methods)

Inactivity Fee

None

Iress Platform Fee

AUD 55/month (waivable)

Non-trading fees

Inactivity fee: No.

FP Markets is multi-regulated by prestigious financial authorities including ASIC (Australia - Tier-1), CySEC (Cyprus - Tier-1), FSCA (South Africa), FSC (Mauritius), and CMA (Kenya). In June 2025, FP Markets became an approved member of The Financial Commission, providing dispute resolution and up to €20,000 protection per case. Client funds are held in segregated accounts with negative balance protection. The broker has 20+ years of operational history with no major regulatory issues.

Regulatory Status

RegulatorCountryTierLicense
Australian Securities and Investments Commission (ASIC)AustraliaTier-1286354
Cyprus Securities and Exchange Commission (CySEC)CyprusTier-1371/18
Financial Sector Conduct Authority (FSCA)South AfricaTier-250973
Financial Services Commission (FSC)MauritiusTier-3-
Capital Markets Authority (CMA)KenyaTier-3-

Safety Features

Segregated AccountsYes
Negative Balance ProtectionYes
Investor ProtectionICF (Cyprus) up to €20,000, Financial Commission up to €20,000, Negative Balance Protection
Compensation SchemeICF (Cyprus) €20,000, Financial Commission €20,000

FP Markets offers free deposits via credit/debit cards, bank wire, e-wallets (Skrill, Neteller), and PayPal. Deposits are instant for cards and e-wallets. Withdrawals are processed within 24 hours and are free for most methods. The broker supports 10 base currencies to minimize conversion fees. Minimum deposit is $100 for Standard/Raw accounts and $1,000 for Iress.

Deposit Options

MethodProcessing TimeFeeMin. Deposit
Credit/Debit Card (Visa, Mastercard)InstantFree$100
Bank Wire Transfer1-3 business daysFree$100
SkrillInstantFree$100
NetellerInstantFree$100
PayPalInstantFree$100
CryptocurrencyInstantFree$100

Withdrawal Options

MethodProcessing TimeFeeMin. Withdrawal
Credit/Debit Card1-3 business daysFree$0
Bank Wire Transfer1-3 business daysFree (domestic), Variable (international)$0
Skrill/Neteller24 hoursVariable$0

Base Currencies

USD, EUR, GBP, AUD, CAD, CHF, JPY, NZD, SGD, HKD

FP Markets offers a fast digital account opening process. Standard and Raw accounts require $100 minimum deposit. The Iress platform for DMA equity trading requires $1,000 minimum. Verification requires ID and proof of address. Demo accounts are available (30-day validity). Islamic swap-free accounts available upon request.

Account Types

Account TypeMin. DepositKey Features
Standard Account$100
  • Spreads from 1.0 pips
  • No commission
Raw ECN Account$100
  • Spreads from 0.0 pips
  • Commission $3 per side ($6 RT)
Iress Account$1,000
  • DMA equity CFDs
  • Direct Market Access
Islamic Account$100
  • Swap-free trading
  • Available for Standard and Raw

Verification Steps

  • Time to open: Same day for most applications
  • Demo Account: Yes
  • Islamic Account: Yes
Open Account

FP Markets offers multiple mobile trading options including the proprietary FP Markets app, MT4/MT5 mobile apps, cTrader mobile, and TradingView mobile. The apps provide full trading functionality with real-time quotes, advanced charting, and order management. Push notifications and price alerts are available.

FP Markets mobile app screenshot 1
FP Markets mobile app screenshot 2
FP Markets mobile app screenshot 3

App Features

  • Proprietary FP Markets app
  • MT4/MT5 mobile apps
  • cTrader mobile app
  • TradingView mobile integration
  • Full trading functionality
  • Real-time quotes and charting
  • One-click trading
  • Push notification alerts
  • Biometric login (Face ID/Touch ID)

FP Markets provides excellent platform variety including MetaTrader 4, MetaTrader 5, cTrader, TradingView, WebTrader, and the advanced Iress platform for DMA equity trading. Trading Central and Autochartist are integrated for research. Copy trading via Myfxbook and Copy Bench. Free VPS hosting available for qualifying traders.

FP Markets desktop platform screenshot

Supported Platforms

  • MetaTrader 4 (MT4): Industry-standard forex trading platform with EA support.
  • MetaTrader 5 (MT5): Advanced multi-asset platform with more timeframes.
  • cTrader: Modern ECN platform with advanced features.
  • TradingView: World-class charting integration.
  • Iress: Institutional-grade platform for DMA share trading.

FP Markets offers access to over 10,000 CFD instruments including 70+ forex pairs, 10,000+ stock CFDs via Iress, indices, commodities, and cryptocurrencies. Leverage varies by regulatory entity - up to 30:1 for ASIC/CySEC retail clients and up to 500:1 for professional/offshore clients. The Iress platform provides DMA access to global exchanges.

Available Instruments

0
Forex Pairs70
Indices19
Stocks10000
Commodities12
Cryptos5

Leverage Limits

InstrumentMax Leverage
Forex30:1 (ASIC/CySEC retail), 500:1 (Pro/Offshore)
Indices20:1 (retail), 200:1 (pro)
Stocks5:1 (retail), 20:1 (pro)
Crypto2:1

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Frequently Asked Questions

Yes, FP Markets is regulated by ASIC (Australia - Tier-1), CySEC (Cyprus - Tier-1), FSCA, FSC, and CMA. The broker has operated since 2005 with 20+ years of clean history and over 40 industry awards. Member of The Financial Commission since June 2025 with up to €20,000 protection.

FP Markets requires a $100 minimum deposit for Standard and Raw ECN accounts. The Iress platform for DMA equity trading requires a $1,000 minimum deposit.

Standard accounts offer spreads from 1.0 pips with no commission. Raw ECN accounts offer spreads from 0.0 pips with a $3 per side ($6 round turn) commission. Raw accounts are best for scalpers and active traders.

FP Markets charges no deposit fees, no inactivity fees, and most withdrawals are free. The Iress platform has a monthly fee of AUD 55, which is waived if monthly commissions exceed AUD 200 or account balance is over AUD 50,000.

Iress is FP Markets' advanced platform for Direct Market Access (DMA) equity trading. It provides access to 10,000+ stocks from global exchanges with exchange pricing and depth of market. Requires $1,000 minimum deposit.

FP Markets offers MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader, TradingView integration, WebTrader, and Iress for DMA equity trading. All platforms support mobile trading.

Yes, FP Markets offers copy trading through Myfxbook integration and Copy Bench. Traders can follow and copy successful traders' strategies.

Leverage varies by regulatory entity. ASIC and CySEC retail clients are limited to 30:1 on forex. Professional and offshore clients can access up to 500:1 on forex. Lower leverage applies to indices, stocks, and crypto.

Yes, FP Markets offers Islamic swap-free accounts compliant with Sharia law. These accounts do not charge or receive swap interest on overnight positions.

FP Markets demo accounts are valid for 30 days. After expiration, you can contact support to request an extension or open a new demo account.
James Wilson

James Wilson

Risk Management • Regulation • Compliance

Author of this review

James is a certified Financial Risk Manager (FRM) and former compliance officer for an FCA-regulated broker. He focuses on evaluating broker safety, regulatory status, and helping traders understand leverage and capital preservation strategies.

Risk Management Specialist — Everything you find on BrokerAnalysis is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback.

Risk Warning: Forex/CFD trading involves significant risk. 68-80% of retail accounts lose money.|Affiliate Disclosure: We may earn commissions from listed partners.|Not Advice: For educational purposes only.

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