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FP Markets Account Types 2026: Compare Every Account

Account types at FP Markets: Standard Account, Raw ECN Account, Iress Account, Islamic Account. Compare minimum deposits, features, and which type fits your style.

By BrokerAnalysis Research DeskUpdated 2026-08-21Fact-checked by BrokerAnalysis Editorial Team

What are FP Markets account types?

Account types at FP Markets: Standard Account, Raw ECN Account, Iress Account, Islamic Account. Compare minimum deposits, features, and which type fits your style.

Account Types

Standard Account, Raw ECN Account, Iress Account, Islamic Account

Minimum Deposit

$100

Max Leverage

1:500

Islamic Account

Yes

Demo Account

Yes

Execution Type

ECN / DMA

Account Types at FP Markets

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

Which Account Type Fits You at FP Markets

Broker positioning: best for ECN traders, scalpers & Australian clients. Raw/ECN-style accounts suit cost-focused and algorithmic traders; standard accounts suit beginners who prefer simplicity. Islamic (swap-free) accounts are available. Demo accounts (Yes) let you test types without funding.

Account Opening Details at FP Markets

Minimum deposit: $100. Verification: Government-issued ID + Proof of address. Time to open: Same day for most applications. Platforms: MT4, MT5, cTrader, IRESS.

FP Markets Trading Conditions

FP Markets operates with a minimum deposit of $100 and offers leverage up to 1:500. EUR/USD spreads are quoted from 0.0 pips (Raw), with a commission structure of $3/lot (Raw) on ECN / DMA execution. Trading platforms include MT4, MT5, cTrader, IRESS. Deposit methods span Card, Bank, Skrill, Neteller, Crypto, and withdrawal processing runs at Same day to 1 business day. The broker holds 2 Tier-1 and 1 Tier-3 licence (ASIC (Australia), CySEC (Cyprus), SVG FSA), with client protection of Segregated client funds / €20,000 ICF. Operating since 2005 from Sydney, Australia. FP Markets is positioned ECN traders, scalpers & Australian clients. Copy trading is available for traders who prefer to mirror strategies. Educational resources are rated Average, covering market analysis and platform training. Reviewers consistently note: True ECN pricing from 0.0 pips; ASIC and CySEC regulated; cTrader and IRESS platforms.

Funding and Verification at FP Markets

Deposit methods at FP Markets: Credit/Debit Card (Visa, Mastercard) (Instant), Bank Wire Transfer (1-3 business days), Skrill (Instant), Neteller (Instant), PayPal (Instant). Withdrawal methods: Credit/Debit Card (1-3 business days), Bank Wire Transfer (1-3 business days), Skrill/Neteller (24 hours). Supported base currencies: USD, EUR, GBP, AUD, CAD, CHF, JPY, NZD, SGD, HKD. Broker-listed deposit fee: Free. Broker-listed withdrawal fee: Free (most methods). Verification: Government-issued ID + Proof of address. Time to open an account: Same day for most applications. Forex pairs available: 70+.

Why Traders Consider FP Markets

FP Markets is positioned ECN traders, scalpers & Australian clients, which matters when comparing it against other brokers for this decision. Strengths in our review: True ECN pricing from 0.0 pips; ASIC and CySEC regulated; cTrader and IRESS platforms; Over 10,000 tradable instruments; Excellent execution speeds. Watch-outs in our review: $100 minimum deposit; IRESS platform has additional fees; Limited educational content. Platform support: MT4 supported, MT5 supported, cTrader supported, TradingView not supported, proprietary Yes (IRESS). Islamic (swap-free) accounts: supported. Demo account: Yes. Copy trading is enabled on the platform. Education resources are rated Average. Regulatory footprint: ASIC (Australia) (Tier 1), CySEC (Cyprus) (Tier 1), SVG FSA (Tier 3).

FP Markets at a Glance

FP Markets is rated 4.5/5 in our editorial reviews and holds licences across 3 regulated entities. The broker was founded in 2005. Headquarters are in Sydney, Australia. It has been licensed since 2005. Positioning: ECN traders, scalpers & Australian clients. Commission model: $3/lot (Raw). Leverage reaches 1:500. Minimum deposit: $100.

Strengths and Weaknesses of FP Markets

**Strengths**: True ECN pricing from 0.0 pips; ASIC and CySEC regulated; cTrader and IRESS platforms; Over 10,000 tradable instruments; Excellent execution speeds. **Weaknesses**: $100 minimum deposit; IRESS platform has additional fees; Limited educational content.

Frequently Asked Questions

FP Markets offers: Standard Account, Raw ECN Account, Iress Account, Islamic Account.
Beginners at FP Markets typically start with a standard account (minimum deposit $100) and the demo account (Yes) before going live.
Standard Account: from $100; Raw ECN Account: from $100; Iress Account: from $1,000; Islamic Account: from $100.
FP Markets Islamic account availability: Yes.
Account-type switches at FP Markets are usually possible from the client portal — standard to raw/ECN migration may reset your position openers, so confirm with support first.
Demo accounts (Yes) at FP Markets let you test the platform and account behaviour before depositing the $100 minimum.