FP Markets Gold Spread & Trading Conditions 2026

FP Markets quotes Gold — the XAU/USD gold spot contract — with a standard spread of Variable. On raw/ECN accounts the spread is typically Variable + commission. Spreads are quoted in points.

Fee context from our review: 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.

When trading Gold at FP Markets:

Minimum deposit: $100
Maximum leverage: 1:500
Commission: $3/lot (Raw)
Execution: ECN / DMA
Platforms: MT4, MT5, cTrader, IRESS

Spreads shown are indicative of the account types we assess. Raw/ECN accounts generally charge a per-lot commission in exchange for tighter raw spreads, while standard accounts build costs into the spread itself.

The Gold spread is driven by liquidity depth, market volatility, the time of day (London and New York sessions are tightest), and the account model you choose. FP Markets supports MT4 and MT5 for spread-sensitive execution.