FP Markets Islamic Account 2026: Swap-Free Trading

FP Markets offers an Islamic (swap-free) account. Swap-free accounts remove overnight interest (swap) from positions, which is required for Sharia-compliant trading. You can test the platform on a demo account (Yes).

On a swap-free account, no interest is credited or charged when positions roll over. Islamic accounts are available. Some brokers apply an administration fee after positions are held beyond a set period — confirm the terms in the FP Markets account documentation.

Request the Islamic account when registering at FP Markets or from the client portal. Verification: Government-issued ID + Proof of address. The minimum deposit is $100, and platforms include MT4, MT5, cTrader, IRESS.

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.

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+.

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 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**: 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.