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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
BrokerAnalysis Research Desk
Fact Checked by
BrokerAnalysis Editorial Team
Updated
Jul 21, 2026
Is FP Markets a good broker?
Sources & References
- BrokerAnalysis ranking methodology— BrokerAnalysis
- BrokerAnalysis data sources— BrokerAnalysis
- BrokerAnalysis editorial policy— BrokerAnalysis
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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
Min Deposit: | $100 (Standard/Raw), $1,000 (Iress) |
Regulated: | Yes |
Inactivity Fee:
No inactivity fee, even on long-idle accounts.
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
No inactivity fee, even on long-idle accounts.
Fees and conditions last verified: July 2026.
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 |
Compare FP Markets with top alternatives
Use the side-by-side comparison tool once you have checked fees and safety.
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 |
Where FP Markets traders are
Top countries by third-party audience activity (Influence score, 0–10 scale). Overall grade: A.
- Kenya5.47
- Nigeria4.94
- South Africa4.91
- Pakistan4.88
- Turkey4.65
- Italy4.44
- United States4.34
- Australia4.31
- Indonesia4.27
Source: WikiFX Business Region data, captured October 2026. Scores are WikiFX's proprietary 0–10 blend of audience, complaint volume and search demand — not market share. We exclude the Philippines auto-pin from every chart.
Beware of imposter sites claiming to be FP Markets
Third-party monitors list these unverified look-alike brands as copies of FP Markets. Check the address bar against the official site, or use the link on this page, before you enter any details.
- Fake FP MarketsUnverified
- FP Markets look-alike #1Unverified
- FP Markets look-alike #2Unverified
Source: WikiFX clone-firm research, October 2026. Imposter lists change over time — the names above are a sample, not an exhaustive list.
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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
Compare FP Markets before you commit
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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
Iress platform for DMA equity trading
Iress platform requires $1,000 minimum
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.
Get notified if FP Markets's terms change
Spreads, minimum deposits, and bonus terms shift without warning. We'll email you when FP Markets changes something material — plus our weekly broker comparison digest.
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The 5-day VIP trial is free and needs no deposit. Ongoing access is funded through our VT Markets partnership — the registration link is pinned inside the community for when you are ready. We earn a commission when you open an account through our links — this is how we fund free signals for our community.
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- 1,513
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- Hit take-profit
- +86,455
- Pips, net
- 5.28
- Profit factor
Six signal rooms5-day free trial
VIP scalps, risk-to-reward setups, forex swings, high-frequency ATM calls, London/New York sessions and a 24/5 algo.
Accurate AIAI
Ask for a market read on any timeframe. Informational — never a trade call.
Gamified Academy
50 video lessons and 14 written courses, stage by stage from zero.
Scalper Pro indicator
A chart indicator that marks levels, entry and stops right on the price.
July–August 2026, all Accurate signal groups combined, last platform audit 19 August 2026. Self-reported by Accurate Signals (shown in the member dashboard under Track Record) and not independently audited. Pips are not account profit. Past results do not guarantee future performance.
The 5-day VIP trial is free and needs no deposit. Ongoing access is funded through our VT Markets partnership — the registration link is pinned inside the community for when you are ready. Forex and CFD trading carries significant risk and can result in the loss of your capital. Never deposit money you cannot afford to lose. Past results do not guarantee future performance. This is general education, not financial advice.
All materials are prepared by the Introducer and VT bears no responsibility for the information and/or materials provided. All claims should be directed to the Introducer. All rights of VT and any affiliated entities trading under the "VT" trademark, brand or logo are reserved.
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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.
Broker terms can differ by region and entity, but this review shows the most recent figures captured in our research workflow.Methodology |Editorial Policy |Data Sources |Full Disclaimer