FP Markets Review 2026

FP Markets Trustpilot Review

FP Markets Overview with Metrics that Matter

2026 Live Execution Stats

Regulation and Security

FP Markets is regulated by tier 1 authorities including ASIC (286354) and CySEC (371/18), and also regulated by the FSCA (South Africa, FSP 50926), FSA of St Vincent and the Grenadines, FSA in Seychelles (SD130), FSC in Mauritius (GB21026264) and CMA in Kenya (103).

ASIC Regulation (Australia): FP Markets is fully licensed and regulated by the Australian Securities and Investment Commission (ASIC), Australia’s corporate regulator and financial watchdog. This provides robust client protection through strict capital adequacy requirements and comprehensive regulatory oversight.

CySEC Regulation (Cyprus): The Cyprus Securities and Exchange Commission license enables the broker to serve European clients with appropriate regulatory coverage and investor protection schemes.

Multi-Jurisdictional Coverage: The extensive regulatory framework across seven jurisdictions ensures comprehensive client protection and allows FP Markets to serve a global client base while maintaining strict compliance standards.

Client Fund Protection: FP Markets holds client funds in segregated AA-rated bank accounts, ensuring complete separation from company operational funds. This arrangement provides additional security and ensures client deposits remain protected.

Security Infrastructure: FP Markets employs advanced SSL encryption protocols, secure data transmission, and robust cybersecurity measures to protect client information and transaction integrity. The broker’s technical infrastructure meets institutional-grade security standards.

Negative Balance Protection: Clients benefit from negative balance protection, ensuring they cannot lose more than their account equity, providing additional risk management security.

Trading Accounts

FP Markets offers account types with a minimum deposit of AUD 100, with traders able to open Standard, Raw, Platinum, or Premier accounts.

Standard Account

• Minimum Deposit: AUD 100
• Spreads: From 1 pip with all trading costs built into the spread
• Commission: $0
• Leverage: Up to 1:500
• Ideal for: Beginner traders who prefer commission-free trading with predictable costs

Raw Account

• Minimum Deposit: AUD 100
• Spreads: Ultra-tight spreads starting from 0.0 pips
• Commission: US$3 commission per lot each way
• Leverage: Up to 1:500
• Ideal for: Scalpers and high-frequency traders who prefer tighter spreads with the real market prices without broker markups

Iress Platform Accounts

• Standard, Platinum, and Premier account types available
• Advanced institutional-grade platform for professional traders
• Retail Account charges minimum brokerage fee of $6 AUD (or 0.06% per trade) with financing at base rate plus 3%, while Wholesale Account features lower brokerage fee of 0.05% per trade without minimum, and financing at base rate plus 2%

Demo Account: FP Markets offers free demo accounts with virtual funds, allowing traders to practice strategies and test platforms without risk.

Trading Instruments

FP Markets provides access to over 10,000 assets including forex, crypto, indices, and shares, making it one of the most comprehensive offerings in the industry.

Forex Trading: The broker offers 70+ currency pairs, including all major pairs (EUR/USD, GBP/USD, USD/JPY), minor pairs, and exotic currency combinations. Spreads start from 0.0 pips for enhanced profitability.

Indices: Trade popular global indices including S&P 500, NASDAQ, FTSE 100, DAX 30, ASX 200, and numerous other regional indices with competitive spreads and flexible leverage options.

Commodities: Access to precious metals (Gold, Silver, Platinum, Palladium), energy commodities (Oil, Natural Gas), soft commodities, and agricultural products with institutional-grade execution quality.

Cryptocurrencies: Trade major cryptocurrencies including Bitcoin, Ethereum, Litecoin, and other popular digital assets with competitive spreads. Note: Crypto CFDs are not available to retail traders from any broker’s U.K. entity, nor to U.K. residents.

Individual Shares: Direct access to shares from major global exchanges including Australian, US, European, and Asian markets, allowing traders to build diversified equity portfolios.

Bonds and ETFs: Access to government bonds, corporate bonds, and exchange-traded funds for comprehensive portfolio diversification strategies.

Fees & Commissions

FP Markets offers highly competitive pricing through its MetaTrader and cTrader offering, making it one of the most cost-competitive brokers available to traders globally.

Standard Account (Commission-Free):

• Spreads from 1 pip with all trading costs built into the spread, with Standard users not needing to pay additional commissions
• Ideal for beginners who prefer simplicity and predictable costs

Raw Account (Commission-Based):

• Ultra-tight spreads starting from 0.0 pips with a small commission, ideal for active and high-frequency trading
• Commission: US$3 per lot each way
• Transparent pricing with institutional-grade execution

Additional Fees:

Most deposit methods are free, and withdrawal fees are minimal or none, depending on the method

No deposit fee on FP Markets, along with zero inactivity and account maintenance fees

No charges for credit/debit cards and domestic Australian bank transfers, but charges fees for other withdrawal methods

AU$55 monthly fee for traders using certain premium services

Execution and Spreads

FP Markets provides institutional-grade execution quality through its ECN model with direct market access and advanced trading infrastructure.

Execution Speed: Fast order execution with minimal slippage through advanced trading infrastructure and strategic server locations in major financial centers worldwide.

Spread Performance:

• EUR/USD: 1.1-pip average spread in Standard account, compared to 0.8-pip average at some competitors
• Raw Account: Spreads from 0.0 pips on major pairs
• Tight spreads from 0.0 pips for enhanced profitability
• Gold: Competitive spreads on precious metals
• Indices: Low spreads on major global indices

Market Depth: Access to institutional liquidity pools with transparent order book information available across multiple platforms including MetaTrader 5 and cTrader.

ECN Execution: True ECN execution ensures orders are matched with the best available market prices without dealing desk intervention.

Markets and Products

The broker’s extensive product range covers all major financial markets, providing comprehensive access to global trading opportunities across multiple asset classes.

Forex Market Access: Complete coverage of major, minor, and exotic currency pairs with competitive pricing and professional execution standards across all major currency markets.

CFD Trading: Comprehensive CFD offering covering global indices, commodities, cryptocurrencies, individual shares, bonds, and ETFs from major exchanges worldwide.

Multi-Asset Platform: Unified access to forex, equities, commodities, cryptocurrencies, and fixed income instruments through a single trading account.

Trading Conditions

FP Markets offers flexible and trader-friendly conditions designed to accommodate various trading styles and strategies.

Leverage Options: Up to 1:500 for forex pairs, with adjusted leverage for other instruments in compliance with regulatory requirements and risk management best practices.

Position Limits: Minimum lot size of 0.01 lots (1000 units) with maximum position size of 100 lots per trade, accommodating both micro-trading and large institutional orders.

Trading Hours: 24/5 forex trading with extended hours for other instruments. Cryptocurrency trading available during weekends for selected digital assets.

Scalping and Expert Advisors: Full support for scalping strategies, high-frequency trading, and automated trading systems with no restrictions on holding periods or trading frequency.

Withdrawal Methods

FP Markets offers multiple withdrawal options with reasonable processing times and competitive fee structures.

Available Methods:

• Bank Wire Transfer: 3-5 business days
• Credit/Debit Cards: 3-5 business days, free for domestic Australian transfers
• Electronic Wallets: Skrill, Neteller, PayPal – faster processing
• Cryptocurrencies: Bitcoin and other digital assets
• Local Payment Methods: Various regional options depending on client location

Withdrawal Processing: FP Markets does not charge for credit/debit cards and domestic Australian bank transfers, while other methods may incur fees. Most electronic wallet withdrawals are processed within 24 hours during business days.

Minimum Withdrawal: Varies by payment method, typically starting from $50 for electronic wallets and $100 for bank transfers.

Trading Platforms

FP Markets offers one of the most comprehensive platform selections in the industry, catering to different trading preferences and technical requirements.

MetaTrader 4

The world’s most popular trading platform with advanced charting capabilities, technical analysis tools, and full Expert Advisor support. Customizable interface with access to a vast library of indicators.

MetaTrader 5

Enhanced version offering additional timeframes, more order types, advanced analytical tools, and improved backtesting capabilities. Ideal for multi-asset trading and algorithmic strategies.

cTrader

Professional ECN platform with advanced order types, level II pricing, and sophisticated charting tools. Popular among professional traders for its transparency and advanced features.

WebTrader

Browser-based trading platform requiring no downloads. Full trading functionality accessible from any device with internet connectivity.

Iress Platform

Institutional-grade platform offering advanced market data, sophisticated analysis tools, and professional trading capabilities for serious traders.

TradingView Integration

Access to TradingView’s advanced charting and social trading features directly through FP Markets.

Mobile Applications

Native iOS and Android apps providing complete trading functionality, real-time quotes, push notifications, and comprehensive account management.

Pros and Cons

Recommended for Trader Types

Professional and Institutional Traders: The Iress platform, institutional-grade infrastructure, and comprehensive regulatory oversight make FP Markets suitable for professional trading operations.

Multi-Asset Traders: With over 10,000 instruments across forex, crypto, indices, and shares, the broker accommodates diversified trading strategies effectively.

Scalpers and High-Frequency Traders: The Raw account with ultra-tight spreads from 0.0 pips and transparent commission structure is ideal for scalpers and high-frequency traders.

Algorithmic Traders: Full Expert Advisor support across multiple platforms, including advanced platforms like cTrader and MT5, makes it suitable for automated trading strategies.

Cost-Conscious Traders: The highly competitive pricing structure makes FP Markets one of the most cost-competitive brokers available globally.

Customer Support

FP Markets provides comprehensive customer support with knowledgeable representatives available across multiple channels and time zones.

Support Channels:

• Live Chat: Available 24/5 during trading hours
• Email Support: Professional email support system with dedicated teams
• Phone Support: International phone lines with multilingual support
• Support Ticket System: Comprehensive ticketing system for complex inquiries
• Educational Support: Dedicated team for trading education and platform assistance

Support Quality: The support team demonstrates excellent technical knowledge and can assist with platform issues, account management, trading strategies, and regulatory inquiries across all jurisdictions.

Response Times: Live chat typically responds within minutes during business hours. Email inquiries are generally answered within 24 hours on business days.

Multilingual Support: Support available in multiple languages to accommodate the broker’s diverse international client base.

Supported Languages

FP Markets serves a global client base with comprehensive language support including English, Spanish, German, French, Italian, Portuguese, Arabic, Chinese, Japanese, Korean, Thai, Vietnamese, and several other major languages. The trading platforms, website interface, and customer support are available in multiple language options to accommodate diverse trader needs across different regions.

Trading Tools and Resources

FP Markets provides extensive trading tools and educational resources to support client trading activities and skill development.

Available Tools:

• Advanced Economic Calendar with high-impact event notifications
• Comprehensive market analysis and daily commentary from professional analysts
• Trading Calculators including Pip, Margin, Profit/Loss, and Position Size calculators
• VPS hosting services for Expert Advisors and automated trading systems
• Advanced charting packages and technical analysis tools
• Market sentiment analysis and positioning data
• Trading Central integration for professional analysis
• Autochartist pattern recognition software

Educational Content:

• Comprehensive trading courses covering beginner to advanced levels
• Online courses available for beginners
• Regular webinars and seminars by market experts
• Video tutorials for platform usage and trading strategies
• E-books and trading guides covering various aspects of financial markets
• Market analysis reports and economic insights

Research and Analysis:

Institutional research and market insights

Daily market updates and trading opportunities

Technical and fundamental analysis reports

Economic news and market commentary

Promotional Campaigns

FP Markets runs strategic promotional campaigns that focus on adding value to the trading experience rather than unsustainable bonus offers.

Current Promotions:

• Welcome bonuses for new clients (terms and conditions apply)
• VPS hosting services for active traders
• Cashback programs for high-volume clients
• Educational webinars and exclusive trading workshops
• Referral programs for existing clients
• Trading competitions with cash prizes
• Fee rebates for high-volume traders

The broker’s promotional approach emphasizes sustainable trading conditions, educational value, and long-term client relationships over short-term marketing incentives.

The Login & Signup

The account opening process with FP Markets is streamlined and can be completed online efficiently while maintaining strict compliance with regulatory requirements.

Registration Steps:

• Receive login credentials and platform access
• Visit the FP Markets website and select “Open Account”
• Choose the appropriate regulatory entity based on your location
• Complete the online application form with personal and contact details
• Select account type (Standard, Raw, or Iress) and base currency
• Verify email address and phone number
• Submit required documentation for identity verification
• Make initial deposit of minimum AUD 100

Account Verification: The verification process typically takes 24-48 hours for standard documentation. FP Markets has operated since 2005 without major regulatory issues, ensuring reliable account processing.

Demo Account: Demo accounts can be opened instantly without deposit requirements, allowing traders to test platforms and strategies before live trading.

Required Documents

To complete account verification and comply with regulatory requirements across multiple jurisdictions, FP Markets requires standard KYC (Know Your Customer) documentation:

Identity Verification:

• Government-issued photo ID (passport, driver’s license, national ID card)
• Document must be valid, current, and clearly legible
• Both front and back sides may be required

Address Verification:

• Utility bill, bank statement, council rates notice, or government-issued document
• Document must be dated within the last 3 months
• Must show full name and current residential address

Additional Documentation (if applicable):

• Proof of income or wealth source for higher deposit amounts
• Corporate documents and business registration for company accounts
• Power of attorney documentation for managed accounts
• Bank statements for verification of funding sources
• Tax identification numbers where required by jurisdiction

All documentation can be uploaded securely through the client portal. The verification team processes submissions efficiently while maintaining strict compliance with anti-money laundering (AML) and know-your-customer (KYC) regulations across all regulatory jurisdictions.

Overall Assessment of FP Markets

FP Markets offers highly competitive pricing through its MetaTrader and cTrader offering, making it one of the most cost-competitive brokers available to traders globally. The broker excels in regulatory compliance, platform diversity, and instrument coverage, making it suitable for a wide range of trader types from beginners to institutions.

With regulation by ASIC, CySEC and FSCA, segregated client funds in AA-rated banks, and operation since 2005 without major regulatory issues, FP Markets provides strong security and reliability. The comprehensive platform selection, extensive educational resources, and professional customer support make it particularly attractive for serious traders seeking institutional-grade services with competitive pricing.

The broker is especially well-suited for multi-asset traders, scalpers, algorithmic traders, and cost-conscious professionals who value regulatory security, platform diversity, and competitive execution quality.