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FP Markets Review
Overall rating
4.5/5
Minimum deposit
$100 (Standard/Raw), $1,000 (Iress)
EUR/USD spread
1.0-1.1 pips (Standard), 0.0 pips + $3 (Raw)
Use this review to validate safety, fees, platform fit, and where this broker falls short.
Written by
Elena Brooks
Fact Checked by
Edina Balazs
Updated
Jun 15, 2026
Is FP Markets a good broker?
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Should you choose FP Markets?
Use this short answer before you dive into the full review.
Best for
Iress platform for DMA equity trading
Not ideal for
Iress platform requires $1,000 minimum
Top alternatives to compare
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Trust Score: 90/100
Based on regulatory status, company history, and financial transparency
FP Markets Score Breakdown
- 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
Fast decision summary
Popular choice
Min Deposit: | $100 |
Regulated: | Yes |
Inactivity Fee:
None
See how the best brokers compare to FP Markets
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.
| Instrument | Standard | Raw/Pro |
|---|---|---|
| EUR/USD | 1.0-1.1 pips (Standard) | 0.0 pips + $3/side (Raw) |
| GBP/USD | 1.1 pips (Standard) | 0.1 pips + $3/side (Raw) |
| USD/JPY | 1.1 pips (Standard) | 0.1 pips + $3/side (Raw) |
| Gold (XAU/USD) | Variable | Variable + commission |
| S&P 500 (US500) | 0.5 points | 0.5 points |
| BTC/USD | Variable | Variable |
Deposit Fee
$0
Withdrawal Fee
Free (most methods)
Inactivity Fee
None
Iress Platform Fee
AUD 55/month (waivable)
Non-trading fees
Deposit fee
Free
Withdrawal fee
Free (most methods)
Inactivity fee
None
Fees may vary depending on account type and jurisdiction. We aim to keep this data updated regularly.
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
| Regulator | Country | Tier | License |
|---|---|---|---|
| Australian Securities and Investments Commission (ASIC) | Australia | Tier-1 | 286354 |
| Cyprus Securities and Exchange Commission (CySEC) | Cyprus | Tier-1 | 371/18 |
| Financial Sector Conduct Authority (FSCA) | South Africa | Tier-2 | 50973 |
| Financial Services Commission (FSC) | Mauritius | Tier-3 | - |
| Capital Markets Authority (CMA) | Kenya | Tier-3 | - |
Safety Features
| Segregated Accounts | Yes |
| Negative Balance Protection | Yes |
| Investor Protection | ICF (Cyprus) up to €20,000, Financial Commission up to €20,000, Negative Balance Protection |
| Compensation Scheme | ICF (Cyprus) €20,000, Financial Commission €20,000 |
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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
| Method | Processing Time | Fee | Min. Deposit |
|---|---|---|---|
| Credit/Debit Card (Visa, Mastercard) | Instant | Free | $100 |
| Bank Wire Transfer | 1-3 business days | Free | $100 |
| Skrill | Instant | Free | $100 |
| Neteller | Instant | Free | $100 |
| PayPal | Instant | Free | $100 |
| Cryptocurrency | Instant | Free | $100 |
Withdrawal Options
| Method | Processing Time | Fee | Min. Withdrawal |
|---|---|---|---|
| Credit/Debit Card | 1-3 business days | Free | $0 |
| Bank Wire Transfer | 1-3 business days | Free (domestic), Variable (international) | $0 |
| Skrill/Neteller | 24 hours | Variable | $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 Type | Min. Deposit | Key Features |
|---|---|---|
| Standard Account | $100 |
|
| Raw ECN Account | $100 |
|
| Iress Account | $1,000 |
|
| Islamic Account | $100 |
|
Verification Steps
- Time to open: Same day for most applications
- Demo Account: Yes
- Islamic Account: Yes
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.
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.
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.
Compare platform providers:
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
| Forex Pairs | 70 |
| Indices | 19 |
| Stocks | 10000 |
| Commodities | 12 |
| Cryptos | 5 |
Leverage Limits
| Instrument | Max Leverage |
|---|---|
| Forex | 30:1 (ASIC/CySEC retail), 500:1 (Pro/Offshore) |
| Indices | 20:1 (retail), 200:1 (pro) |
| Stocks | 5:1 (retail), 20:1 (pro) |
| Crypto | 2:1 |
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Frequently Asked Questions
Review Team
Why Traders Shortlist FP Markets
Key points from our latest editorial review and testing process.
- 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
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Compare AlternativesWhy this review is trustworthy
- Freshness dates and fact-checking are shown on the page.
- Broker scoring follows our public methodology and disclosure standards.
- Country-specific differences still matter, so compare the exact entity before you deposit.
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Our Verdict
FP Markets is recommended for Iress platform for DMA equity trading
Use this final check alongside the fee, safety, platform, and funding sections above. If FP Markets still fits your country, account size, and risk tolerance, open the account through the tracked broker route below.
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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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