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FP Markets: Award-Winning Multi-Regulated Forex & CFD Broker with 10,000+ Trading Instruments
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.
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
Spreads From
Execution Models
Deposit Currencies
Support Languages
Auto Trading
Contact Information
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
Deposit Currencies
Trading Instruments
Forex
Number of currency pairs: 44
CFDs
Amount of assets: 10000
Metals
Energy Source
Cryptocurrencies
Stock exchange
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
Deposit Currencies
Trading Instruments
CFDs
Amount of assets: 10000
Metals
Energy Source
Cryptocurrencies
Stock exchange
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


Withdrawal Methods


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
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
Quick Facts
- Trading Platforms
- MetaTrader 4MetaTrader 5cTrader+3
- Execution Model
- ECN (Electronic Communication Network)DMA (Direct Market Access)STP (Straight Through Processing)NDD (No Dealing Desk)
- Deposit Currency
- USDEURGBPAUD+7
- Support Languages
- EnglishArabicGreek+9


