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FP Markets: Award-Winning Multi-Regulated Forex & CFD Broker with 10,000+ Trading Instruments

4.8/ 5.0
|Since 2005
Last updated: November 14, 2025

FP Markets is a multi-regulated Australian Forex and CFD broker, founded in 2005 with over 19 years of proven trading excellence. Serving 100,000+ traders from 150+ countries, FP Markets delivers access to 10,000+ trading instruments through 5 professional platforms (MT4, MT5, cTrader, Iress, TradingView). Regulated by ASIC (Tier-1), CySEC (EU), FSCA, and multiple international authorities, FP Markets combines institutional-grade execution with retail accessibility, offering spreads from 0.0 pips and leverage up to 1:500.

Open Account

Min Deposit

$50

Withdrawal Fee

0

Deposit Fee

0

Countries

Broker Overview

About FP Markets

FP Markets (First Prudential Markets Group) is an award-winning, multi-regulated international forex and CFD broker founded in 2005. Headquartered in Sydney, Australia, the company has grown into a globally recognized brand serving traders from over 80 countries.

Regulatory Excellence & Security

  • ASIC Regulated (License 286354): Australia's top-tier regulator with strict compliance requirements

  • CySEC Regulated (License 371/18): EU regulation with MiFID II compliance and €20,000 investor protection

  • FSCA Regulated (License 50926): South African financial authority oversight

  • Client Fund Protection: Segregated in AA-rated banks, negative balance protection guaranteed

Trading Conditions

  • Spreads from 0.0 pips on Raw ECN account

  • Minimum deposit just $50 (AUD 100)

  • Leverage up to 1:30 (retail) or 1:500 (professional)

  • No deposit or withdrawal fees (except $12.50 AUD international wire)

  • Fast execution averaging 29 milliseconds

  • 10,000+ tradable instruments across all asset classes

Trading Platforms & Technology

  • MetaTrader 4 & 5 - Industry-standard platforms

  • cTrader - Modern ECN-focused platform

  • TradingView - Advanced charting and analysis

  • WebTrader - Browser-based platform

  • IRESS ViewPoint - Professional stock trading platform

Customer Support

  • 24/7 multilingual support in 40+ languages

  • Average response time: 24 seconds via live chat

  • Trustpilot rating: 4.8/5 from 9,500+ verified traders

  • Dedicated account managers for VIP clients

Why Choose FP Markets?

FP Markets combines institutional-grade trading conditions with retail accessibility. The multi-regulated framework ensures fund safety, while extensive platforms and 10,000+ instruments enable strategic trading across global markets. Whether beginner or professional, FP Markets provides the tools, security, and support needed to trade confidently.

Pros & Cons

Pros

  • 10,000+ trading instruments (forex, stocks, indices, commodities, cryptocurrencies, ETFs, bonds)
  • Multi-regulated by top-tier authorities: ASIC, CySEC, FSCA
  • Competitive spreads from 0.0 pips on Raw ECN account
  • No deposit fees - free deposits on all methods
  • Established 2005 - 18+ years in business
  • Fast execution averaging 29 milliseconds
  • Trustpilot 4.8/5 rating from 9,526+ verified traders
  • Scalping allowed - no restrictions
  • Free VPS hosting available (with conditions)
  • No account inactivity fees

Cons

  • Leverage capped at 1:30 for retail traders under ASIC/CySEC regulation
  • United States clients not accepted
  • MT4 WebTrader interface is outdated
  • ESMA restrictions apply to EEA residents (leverage limits)
  • Offshore entity (St. Vincent) has lower investor protection
  • Higher minimum deposit for IRESS: $1,000
  • KYC verification required (typically 24 hours)
  • Complex fee structure with multiple fee types
  • Limited cryptocurrency selection compared to crypto exchanges
  • Demo accounts are UNLIMITED

General Information

Max Leverage

1:500

Spreads From

0.0 pips

Execution Models

ECN (Electronic Communication Network)
DMA (Direct Market Access)
STP (Straight Through Processing)
NDD (No Dealing Desk)

Deposit Currencies

USD
EUR
GBP
AUD
SGD
NZD
CHF
JPY
CAD
IDR
CNY

Support Languages

English
Arabic
Greek
Indonesian
Spanish
Italian
Malay
Romanian
Thai
French
Japanese
25+ more languages available

Auto Trading

MQL.5 Signals
Myfxbook AutoTrade
MT4 EA
MT5 EA
cTrader Automate
MAM/PAMM accounts

Account Types Overview

FP Markets Account Types

1. Standard Account - Perfect for Beginners

  • Minimum Deposit: $50 USD / AUD 100

  • Spreads: From 1.0 pips (EUR/USD ~1.2 pips average)

  • Commission: None - all costs included in spreads

  • Maximum Leverage: 1:30 (retail) / 1:500 (professional)

  • Best For: Beginner and intermediate traders wanting simplicity

2. Raw ECN Account - For Professional Traders

  • Minimum Deposit: $50 USD / AUD 100

  • Spreads: From 0.0 pips (EUR/USD 0.1 pips average)

  • Commission: $3 per side ($6 round-turn)

  • All-In Cost: ~0.7-0.8 pips total on EUR/USD

  • Maximum Leverage: 1:30 (retail) / 1:500 (professional)

  • Best For: Scalpers, high-frequency traders, active traders

3. IRESS DMA Account - Stock Traders

  • Minimum Deposit: $1,000 AUD

  • Platform: IRESS ViewPoint + TradingView

  • Market Access: 10,000+ global stocks

  • Commission: From 0.08% or $8 minimum

  • Platform Fee: $55/month (waivable with conditions)

  • Best For: Stock market traders and professional investors

4. Islamic (Swap-Free) Account

  • Available With: Standard or Raw account

  • Feature: Zero overnight swap charges

  • Spreads & Commission: Same as base account type

  • Best For: Muslim traders, Sharia-compliant investing

5. Demo Account - Risk-Free Practice

  • Cost: FREE - Unlimited

  • Virtual Balance: $100,000

  • Platforms: All available (MT4, MT5, cTrader, TradingView, WebTrader)

  • Duration: No expiry

  • Best For: New traders, strategy testing, platform familiarization

Account Types

RAW - FP Markets

Swap-free account

Features

Swap-free account
Availability of a VIP account
Phone trading
Scalping
Hedging
Trading with expert advisers
Trading 24 hours a day
Trailing stop
Swap free
VIP account
Phone trading
Scalping
Hedging
Spread type
Trading with expert
Trading 24 hours a day
Trailing stop
Interest on free balance
Mailing the documents

Deposit Currencies

USD
EUR
JPY
GBP
AUD
CHF
CAD
MXN
NZD
RUB
HKD
SGD
TRY
CZK

Trading Instruments

Forex
Leverage: 1:500

Number of currency pairs: 44

ARSDKKAUDBGNCADCHFCZKEURGBPHKDHUFILSJPYMXNNOKNZDPLNRUBSEKSGDTHBTRYUSDZARBBDRONCNYUAHAEDBHDEGPHRKINRIQDISKJODKWDLBPOMRQARSARMADMYRPHP
CFDs
Leverage: 1:500

Amount of assets: 10000

PromotionsIndices
Metals
Leverage: 1:500
GoldSilver
Energy Source
Leverage: 1:100
OilGas
Cryptocurrencies
Leverage:
Stock exchange
Leverage:
PromotionsNASDAQ (US)NYSE (USA)FBW (Germany)LSE (United Kingdom)

Characteristics

Stop Out

50%

Margin Call

100%

Min Position

50 units

Max Position

Execution

market

Spread Type

Floating

Decimals

5

Locked Margin

0.01 units

Commission

AUD 3.5

Standard - FP Markets

Swap-free account

Features

Swap-free account
Availability of a VIP account
Phone trading
Scalping
Hedging
Trading with expert advisers
Trading 24 hours a day
Trailing stop
Swap free
VIP account
Phone trading
Scalping
Hedging
Spread type
Trading with expert
Trading 24 hours a day
Trailing stop
Interest on free balance
Mailing the documents

Deposit Currencies

USD
EUR
JPY
GBP
AUD
CHF
CAD
MXN
HKD
SGD
TRY
PLN
CZK

Trading Instruments

CFDs
Leverage: 1:500

Amount of assets: 10000

PromotionsIndices
Metals
Leverage: 1:500
GoldSilver
Energy Source
Leverage: 1:100
OilGas
Cryptocurrencies
Leverage:
Stock exchange
Leverage:
PromotionsNASDAQ (US)NYSE (USA)FBW (Germany)LSE (United Kingdom)

Characteristics

Stop Out

50%

Margin Call

100%

Min Position

0.01 units

Max Position

50 units

Execution

market

Spread Type

Floating

Decimals

5

Locked Margin

Commission

$3

Payment Methods

Deposit Methods

Visa
Visa
Mastercard
Mastercard
Neteller
Neteller
Bank Wire Transfer
Bank Wire Transfer
Skrill
Skrill
Perfect Money
Perfect Money
Cryptocurrency
Cryptocurrency

Withdrawal Methods

Visa
Visa
Mastercard
Mastercard
Neteller
Neteller
Bank Wire Transfer
Bank Wire Transfer
Skrill
Skrill
Perfect Money
Perfect Money
Cryptocurrency
Cryptocurrency

Regulation Information

Regulatory Framework & Client Protection

Primary Regulators - Tier 1 Authorities

ASIC - Australian Securities and Investments Commission
  • License: AFSL 286354

  • Entity: First Prudential Markets Pty Ltd

  • Protection Level: TOP-TIER

  • Client Protections: Segregated funds in AA-rated banks, AFCA coverage (AUD 20,000), mandatory negative balance protection

  • Retail Leverage Cap: Maximum 1:30

CySEC - Cyprus Securities and Exchange Commission
  • License: 371/18

  • Entity: First Prudential Markets Ltd

  • Protection Level: TOP-TIER

  • MiFID II Compliant: YES

  • Client Protections: Investor Compensation Fund (€20,000), negative balance protection, segregated accounts

  • Retail Leverage Cap: Maximum 1:30 (ESMA regulation)

  • Coverage: EU, UK, EEA countries

FSCA - Financial Sector Conduct Authority (South Africa)
  • License: FSP 50926

  • Entity: FP Markets (Pty) Ltd

  • Protection Level: TIER 1

  • Client Protections: Segregated accounts, FAIS Ombudsman access, local regulatory oversight

Secondary Regulators

  • FSA Seychelles: License SD130

  • FSC Mauritius: License GB21026264

  • FSA St. Vincent & Grenadines: License 126 LLC 2019

  • CMA Kenya: License 103

Client Fund Security

  • ✓ Client funds segregated from company funds

  • ✓ Held in AA-rated banks

  • ✓ Negative balance protection (retail)

  • ✓ 256-bit SSL encryption

  • ✓ Regular external audits

  • ✓ Investor compensation schemes in all jurisdictions

Commission & Fees

FP Markets Fee Structure

Trading Commissions

Standard Account

The Standard account operates commission-free, with all trading costs incorporated into the spreads:

  • EUR/USD average spread: 1.2 pips

  • No commission charges

  • Transparent all-inclusive pricing

  • Ideal for traders preferring simple cost structures

Raw ECN Account

The Raw account offers institutional-grade pricing with separate commissions:

  • Commission: $3 per side ($6 round-turn per standard lot)

  • Spreads: From 0.0 pips

  • All-in cost: Approximately 0.7-0.8 pips on EUR/USD

  • Transparent ECN execution

  • Best for: High-frequency traders and scalpers

IRESS Platform Commissions

  • Shares: From 0.08% or $8 minimum

  • US Stocks: From $0.02 per share

  • Australian Stocks: From 0.10% or $10 minimum

  • Platform Fee: May apply for inactive accounts

Non-Trading Fees

Deposit Fees

  • All methods: FREE

  • FP Markets covers all deposit charges

  • International transfers over $10,000 - fees reimbursed

Withdrawal Fees

  • Most methods: FREE

  • International Bank Wire: $12.5 AUD

  • Skrill: 1% + country-specific fees

  • Neteller: Up to 2%

  • First withdrawal must match deposit method

Other Fees

  • Inactivity Fee: None for 12 months

  • Account Maintenance: FREE

  • Currency Conversion: Market rates apply

  • Overnight Swaps: Variable based on instrument

Trading Platforms

MetaTrader 4
MetaTrader 5
cTrader
IRESS
R WebTrader
Mobile Apps (iOS & Android)

Frequently Asked Questions

Is FP Markets safe and regulated?

Yes, FP Markets is regulated by top-tier authorities including ASIC (Australia), CySEC (Cyprus), and FSCA (South Africa). Client funds are segregated in AA-rated banks with negative balance protection for retail clients.

What is the minimum deposit?

The minimum deposit is just $50 USD (or AUD 100 equivalent), making FP Markets accessible for traders of all levels.

What trading platforms are available?

FP Markets offers 6 premium platforms: MetaTrader 4, MetaTrader 5, cTrader, TradingView, WebTrader, and IRESS ViewPoint for stock trading.

Are spreads really from 0.0 pips?

Yes, Raw ECN accounts offer spreads from 0.0 pips plus $3 per side commission, resulting in approximately 0.7-0.8 pips all-in cost on EUR/USD.

Can I use Expert Advisors (EA) for automated trading?

Yes, FP Markets fully supports Expert Advisors on MetaTrader 4 and 5, as well as cAlgo robots on cTrader for automated trading strategies.

What is the leverage I can use?

Retail traders under ASIC/CySEC regulation are limited to 1:30 leverage. Professional clients can access up to 1:500 leverage.

Is scalping allowed?

Yes, FP Markets allows scalping without any restrictions. Perfect for traders using high-frequency trading strategies.

What about customer support quality?

FP Markets offers 24/7 multilingual support in 40+ languages with an impressive average response time of 24 seconds via live chat.

Start Trading

Open Account

Quick Facts

Trading Platforms
MetaTrader 4
MetaTrader 5
cTrader
+3
Execution Model
ECN (Electronic Communication Network)
DMA (Direct Market Access)
STP (Straight Through Processing)
NDD (No Dealing Desk)
Deposit Currency
USD
EUR
GBP
AUD
+7
Support Languages
English
Arabic
Greek
+9

Regulation

ASIC (Australia)
CySEC (Cyprus)
FSCA (South Africa)
FSA (St. Vincent)
CMA (Kenya)
FSA (Seychelles)
FSC (Mauritius)

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