FP Markets Review

  • Leverage: 1:500

  • Regulation: ASIC, CySEC

  • Min. Deposit: 100 US$

  • HQ: Australia

  • Platforms: IRESS, MT4, MT5

  • Found in: 2005

FP Markets Licenses

  • First Prudential Markets Pty Ltd - authorized by ASIC (Australia) registration ABN 16 112 600 281 AFS 286354
  • First Prudential Markets Ltd - authorized by CySEC (Cyprus) registration 371/18
  1. What is FP Markets?
  2. Awards
  3. Is FP Markets safe or a scam?
  4. Trading Platform
  5. Accounts
  6. Spread
  7. Leverage
  8. Deposits and Withdrawals
  9. Education
  10. Conclusion

What is FP Markets?

The FP Markets operating professional trading experience for a quite long time since the broker was established in 2005 and serves over 12,000 clients worldwide. Moreover, FP Markets connects traders to the market through electronic bridges and enhanced DMA pricing models.

The company headquarters in Sydney, Australia while ASIC regulation ensures trustable cooperation as well as full compliance with guidelines that provide a safe trading environment.

Is FP markets a good broker?

One of the main strengths we found while Review FP Markets is their developed ECN technology that providing direct access to the liquidity providers without dealer intervention through Equinix NY4 Data Centers, and executes order through the best possible price within offering for the particular asset.

This technology currently is the leading solution that provides extremely fast execution speeds and the most favorable quotes with spreads from 0.0 pips allowing you to benefit from it.

10 Points Summary
🏢 HeadquartersAustralia
🗺️ RegulationASIC, CySEC
🖥 PlatformsIRESS, MT4, MT5
📉 Instruments10,000+ products Forex, Indices, Commodities, Bitcoin, Equity CFDs
💳 Minimum deposit100$
💰 EUR/USD Spread0.7 pips
🎮 Demo AccountAvailable
💰 Base currencies10 Base Currencies
📚 EducationLearning materials, Reserach, Forex News, Market Outlook
☎ Customer Support24/5

Trading Instruments

FP Markets is an Australian brokerage company that delivers access to trade 13,000+ products ranging from Forex, Indices, Commodities, Metals, Bitcoin, Cryptocurrencies, Equity CFDs that are offering competitive spreads and flexible leverage throughout one account.


Overall, there are many factors why FP Markets gained its reputable position in the market and in addition is recognized multiply by various publications and reputable editions. The excellence of the service they offer, as well as trading conditions along with high regard from the traders, is truly a good prove of trust and great establishment.

FP Markets awards

Is FP Markets safe or a scam?

FP Markets is safe to trade, as it is an established Australian broker that respectively complied operation according to the world-known regulation Australian Securities and Investments Commission (ASIC), learn more why trade with ASIC Brokers by the link.

Moreover, as we discover whithin FP Markets Review European clients may now trade freely, as FP Markets received a CySEC license that brings a regulated trading environment according to ESMA and MiFID guidelines.

FP Markets license

How are you protected?

The regulatory status indeed the most important measure within FP Markets Review, as in simple words it means a client is treated fairly according to the international laws and requirements. Traders funds also being segregated from the own company funds, are held in selected top-tier banks, with daily fund reconciliation and application of the standard covers under investment protection.

Trading Platforms

There is a comprehensive choice between the platforms included into the FP Markets proposal, thus powerful capabilities provided with the choice between MT4, MT5 and IRESS platforms as well MAM and PAMM account possibility for money managers.

Web Trader

While MT4 and its newer version MT5 platforms do not require an introduction, as platforms giving a dynamic feature through detailed insights and one of the best in industry options for automated trading via EAs through and spreads from 0 pips.

Desktop Trading Platform

There are MetaTrader versions that suit any device either PC or MAC, so you can follow with installation and enjoy great customization capabilities of MT4 or 5.

In addition, IRESS world known platform that suite products for global equities, indices, and futures CFD trading remains as your trading possibility with comprehensive, unparalleled trading and transparent pricing from market depth. Furthermore, the platform enhanced with automated order options also and complex order types, which definitely worth serious consideration.

FP Markets platform


In addition, the platform enables one click trading, algorithmic rules, indicators, Autochartist and social trading functions that allowing to participate to the active trader community. Also, the MT5 brings one of the best, extended inbuilt indicators and graphical objects via pending orders and displayed currency market depth.

Furthermore, FP Markets looking to give back to their clients, by reimbursing VPS purchase. The client can sign-up to a chosen VPS provider trade minimum of 10 lots on RAW FX and get a cash payment back into the trading account with a maximum of up to 50$ a month.

Mobile Trading Platform

FP Markets offers MetaTrader 4, MetaTrader 5 and IRESS Mobile as mobile trading platforms for both iOS and Android with alerts, push notifications and full control over your trading and account right from your mobile.


As the first stage, you should choose the applicable type of account suitable for your trading style and then proceed with the following registration. While the FP Markets offers two account types with STP and ECN execution models accordingly available through MT4 or MT5 platforms.

Also, there are three IRESS account types that cover the need of those traders who prefer to use this particular software.

Account types

FP Markets accounts

FP markets IRESS accounts


Next important question about FP Markets spread is defined by the account type too, thus the STP account EUR/USD floating spread is averaged 0.7 and the ECN proposes only 0.1 for the same pair. However, raw account charges on commission to every order, which is defined by the instrument and is 3$ for Forex instruments, 3.5$ for Metals and offers 0$ commission on commodities or cryptocurrencies.

Our find on Forex fees

Also, there are some specified conditions between pricing that may occur in different account types, alike IRESS account charges based on a commission plus percentage from trade basis according to the instrument.

Therefore, according to your trading style and volumes you trade, there is an option to select the best suitable one, but overall FP Markets truly proposing very competitive offering among the market.

For instance, see below a comparison of the most traded instruments and FP Markets offered spread on the, as well you can compare fees with another popular broker IC Markets.

Asset/ PairFP Markets Fee Terms
EUR/USD0.7 pips
Crude Oil WTI3
Gold16 cents


In addition, always consider rollover or swap rate as a trading cost, since the broker charges a small fee for the position being held longer than a day and is defined by the instrument. Moreover, there is an option for Muslim trader to trade through Swap-Free account, which is suitable for followers of belief and tailored according to the strictest rules.

FP Markets swap

What Leverage FP Markets offer?

Being an Australian broker, FP Markets complies with the ASIC set of rules and actually still offers a quite high leverage level up to 1:500 on Forex instruments, which you can greatly benefit from. Yet, make sure to learn about leverage as a tool and how to use it the smartest way, as an increase of your trading size may play a significant role in your either potential gains or loses.

FP Markets leverage

Deposit and Withdrawal Methods

Another important note in our FP Markes Review is funding methods. Once you ready to open an account, you will find vast payment methods that allow you to proceed with account funding, while some of them including fees and another is free of charge.

Generally, trading accounts are available at 10 base currencies, hence you can choose the best suitable option and transfer fund accordingly.

It is possible to fund the trading account with

  • Bank wire transfer,
  • Various e-wallets
  • Credit or debit cards.

As for the fund transferring fees, FP Markets does not waive transfer fees for deposits except the Credit Card used to fund account for IRESS platform, where the fee of 1.8% for Domestic card and 3.18% is added on.

FP Markets withdrawal fee

Also, you may request to perform the transfer from other brokers in case you would like to transfer funds between the accounts. The withdrawal fees are ranged also from the option to another, while some require no fees and another will add on a small markup, see table below.

FP Markets withdrawal

Minimum deposit

The last, but not the least is a minimum deposit amount which is defined by FP Markets account type you choose. The Standard account requires only 100$ as a start, while ECN account set also 100$ and it is a great opportunity, which allows you to start with a relatively small deposit and enjoy numerous benefits at FP Markets.


In fact, those who have information obtaining advance among the others while trading, hence learning is an endless task, and the good news is that FP Markets supports personal strives and provides with learning materials, analysis and guides. This is done through FP Markets Trading Series presenting three sections that help to become a better trader that diverse to a different level of traders.


FP Markets Review presents the brokerage firm that is among the most awarded CFD and FX trading providers received its recognition from the respected organizations. Besides that, FP Markets established direct access to markets through sophisticated technology that provides a wide range of instruments to trade also with truly competitive pricing.

Which is all in all is the winning combination for the traders of different size and expertise that brings the confidence to choose FP Market as a reliable brokerage, and of course along with their reliability due to the ASIC regulations.

Nevertheless, we would be glad to know your personal opinion about FP Markets, you may share your thoughts in the comment area below, or ask us for some additional information if required.

Gg From Sri Lanka | | Tuesday, November 12, 2019


  • FP Markets received Best Global Forex Value Broker Award

    Global Forex Awards 2019, which was held in Limassol, Cyprus this year on 4 October, announced its results and awarded FP Markets the Best Global Forex Value Broker Award. The Global Forex Awards is an international event, which celebrates the best performing forex businesses and brands on a global and regional basis. Global Awards schedules...

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  • FP Markets annouced the launch of a new IB portal

    FP Markets, an ASIC-regulated global CFD and forex broker founded in 2005, is further strengthening its online offering by launching a new dedicated Introducing Broker (IB) portal. The customized portal was designed as a multi-level platform for individual IBs and Master IBs. The company has always been committed to transparency, so they has ensured that...

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  • FP Markets has launched a technical analysis trading tool Autochartist

    ASIC-regulated global CFD and forex broker FP Markets has added Autochartist to its wide range of trading tools.   Autochartist is an online technical analysis tool which scans the market to provide detailed breakdowns across a wide range of Forex and CFD instruments. This tool helps to easily  understand the real time trading opportunities.  Once the...

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  • FP Markets Launches Traders Hub

    FP Markets an international brokerage firm based and regulated in Australia operates over 15 years for now and constantly shows its great success along with the improvement of its conditions. FP Markets vision stands at the connection of the best technology, consistently tight spreads and necessary tools that assist in better trading decisions. So with...

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  • FP Markets rated as the Best for Quality of Trade Execution 2019

    ASIC-regulated global CFD and forex broker FP Markets recently announced that it has been rated as the forex & CFD broker with the “Best for Quality of Trade Execution 2019” in the recently published Investment Trends 2019 Australia Leverage Trading Report.    This very honorable award came from the Investment Trends 2019 Australia Leverage Trading Report which...

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  • FP Markets Celebrates Its 15 Year Anniversary

    FP Markets proofs its status of being one of the most well-established Forex & CFD brokers in the world by celebrating its 15-year anniversary.  Two days ago FP Markets celebrated its 15th anniversary and to coincide with this momentous milestone announced the launch of its new website with a variety of new look features and...

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  • A Winning Streak With FP Markets

    As another football season comes to an end, FP Markets celebrates the end of another successful advertisement association with the Premier League. FP Markets hit an incredible winning streak with the FP Markets logo featuring behind three winning goals during this period reaching a global audience of billions as well as being showcased during the...

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  • The votes are in and FP Markets has been crowned ‘Best Global Value Forex Broker’ for 2020

    FP Markets is delighted to announce that it has been awarded the Best Global Value Forex Broker for 2020. The Global Forex Awards 2020 awarded excellence in the financial industry in areas such as cutting-edge technology, low-cost trading and customer service. This is the second consecutive year that FP Markets has been voted as the Best...

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96 responses to “FP Markets”

    • Dear Colin Minford,

      Our raw account spreads start from 0.0 pips.
      The minimum deposit for an MT4/5 raw account is 100 AUD.

      Thank you,
      FP Markets Team

  1. Dear Lincon,

    Unfortunately we are not able to accept clients that are residents of Belgium at the moment due to regulations. This may change in the future. Until further regulations change it is possible to open a demo account if you would like.

    Thank you,
    FP Markets Team

  2. Hello Niño,

    Yes, you are able to trade with FP Markets if you are a resident of Dubai.

    Thank you,
    FP Markets Team

    • Dear Peter,

      You can open an account from Tanzania, however, there are some different conditions for the residents of your country. Based on your country selection, your account will be registered with FP Markets LLC and you will be redirected to FP Markets website. FP Markets LLC is a registered company of Saint Vincent’s and the Grenadines. So basically, you will be onboarded with the offshore branch of FP Markets.

    • Dear Gianvittorio

      Yes, FP Markets accepts clients that are residents of Italy.

      Thank you,
      FP Markets Team

    • Dear,

      Yes, FP Markets accepts clients that are residents of France and clients that are residents of Morocco.

      Thank you,
      FP Markets Team

  3. Dear Peter K King’ora,

    Yes, you can register an account from the FP Markets international website https://www.fpmarkets.com/int/
    Based on your country selection, your account will be registered with FP Markets LLC and you will be redirected to FP Markets website. FP Markets LLC is a registered company of Saint Vincent’s and the Grenadines.

  4. Do you guarantee forex stop entries under any market conditions without gap?
    Do you increase spreads just before major forex news releases (eg NFP Payroll)?

    • Dear Georgios,

      Since we offer ECN pricing we are not able to guarantee execution – all orders are filled at the first available price in the market once they have been triggered.

      Spreads tend to be wider around news announcements due to high volatility, however if you trade during normal market conditions, you will notice that we offer one of the lowest spreads in the market. Please refer to this page to view our competitive spreads: https://www.myfxbook.com/en/forex-broker-spreads.

  5. Hi, I just wanted to thank FP Market for its services and customer support since they helped me when ever i had an issue, i am happy to use FP Market and its good to see that the spreads are lower than other users.

    • Dear Craig,

      Thank you for your kind feedback!

      At FP Markets, our goal is to provide the most satisfying trading experience to every client.

      Please feel free to contact us at support@fpmarkets.com at any time, should you need assistance.

  6. I am a beginner, i traded between FP Markets and IC Markets and found FP Market is better than IC, not to criticize them but FP has better spreads compared to IC and also the Minimum opening in FP cost cheaper than IC.

  7. Hi there guys, I read some comments and several are asking about the server if its available in their country, FP Markets is a Global Trader, so it covers mostly all over and its opening balance is cheaper than other brokers.

    I am using FP Market for a year and so, its good and reliable beoker.

    • Dear Joshua,

      Thank you for your comments.

      Indeed, FP Markets has been regulated since 2005 in the financial markets, and is a trusted global CFD and Forex broker. The minimum deposit at FP Markets is only $100.

      Kind Regards,
      FP Markets

  8. I am pleased to finally find a Broker that is worth the money spent and i have been trading for several years now and used multiple brokers and currently i just stuck with FP Markets, good spreads mate, and the execution is better than the other brokers as well. Good work keep it going and FP Markets will always stick on the top of other brokers.

    • Dear Alan,

      We deeply appreciate your feedback.

      The industry-renowned ‘Investment Trends CFD Report’ has awarded FP Markets with the ‘Most Satisfied Traders’ in the industry for 5 years running.

      Thank you for being a part of our long list of satisfied clients!

  9. Hi. I was open an account with fpmarket and can I fund my account using local bank transfer from Malaysia

  10. Using this company for 9 months. Good trading performance so far and low spreads.

    Slowly trading myself back up after a hard 2019. Liking the market updates.

    • Dear Gary,

      Thank you for your feedback!

      We are available 24/5 via email or our Live Chat should you require anything.

      Kind Regards,
      FP Markets

  11. I am from Ghana.
    i tried creating account but Ghana was not included in the drop-down list of countries.
    Please is that an omission or we actually can’t have account with FP markets.

    • Dear Abraham,

      Thank you for your interest in FP Markets.

      Unfortunately, we do not accept clients from Ghana.

    • Dear Trevor,

      We accept UK clients. Please reach out to our support team for more information about leverage and regulation.

      Thank you.

  12. Dear Evagelos,

    Thank you for your interest in trading with FP Markets.

    Our Clients get a dedicated account manager and 24 hour support for any queries they have.

    Please do not hesitate to email us at support@fpmarkets.com if you have further questions.

    • Dear Kenisia,

      Yes, we do. AutoTrade is a trading system provided through Myfxbook.com.

      We also allow Expert Advisors (EAs).

  13. Good day; Im fm Philippines. Regarding the min.deposit, is it 100 usd ? Or 100 AUD ?

    My best regards.. randolph

    • Dear Randolph,

      It depends on the base currency of your account.
      If you have an AUD trading account – you will deposit 100 AUD.
      If you have an USD trading account – you will deposit 100 USD.

      Please do not hesitate to contact us if you have further questions.

    • Dear Sasanka,

      Thank you for your message.

      We do not accept clients from Sri Lanka, unfortunately.

    • Dear Philip,

      Thank you for your message.

      Unfortunately, we do not accept clients from New Zealand.

    • Dear Minh,

      Thank you for your message.

      Unfortunately, we do not accept clients from Japan.

    • Dear Peter,

      Thank you for your interest in FP Markets.

      Please send us an email at sales@fpmarkets.com and one of our team members will guide you through the process of opening an account.

      We look forward to hearing from you.

    • Dear Andre,

      Thank you for your message.

      Unfortunately, we do not accept clients from New Zealand.

      • Hi I am a Taiwanese and would like to know 1) if you accept credit / debit card issued from Taiwan local bank for deposit 2) My Visa credit card have my name on it but, my Visa debit card do not have my name on it. Can I still used my Visa debit card to fund my deposit if I intend to open an account with you?

        • Dear Paul,

          Thank you for your interest in FP Markets.

          We accept clients from Taiwan, and you can use a credit/debit card issued in Taiwan.

          You can use your Visa debit card to deposit and withdraw, even if your name is not mentioned on the card.

          Kindly notify us should you need any other information.

    • Dear Craig,

      Thank you for your message.

      Unfortunately, we do not accept US residents.

  14. Do you brief your client what is happening on the market daily working hours? If so, how do you reach them?
    Hoping to trade with you any moment after reply.
    Samuel from South Africa

    • Dear Samuel,

      Thank you for your message.

      Besides daily technical and fundamental analysis we post on our blog here https://www.fpmarkets.com/blog/, we also offer daily market reports on any trading opportunity (3x per day) in more than 24 languages and in any market of your choice, plus live trading opportunities updated 96 times a day on multiple timeframes on all assets.

      Kindly notify us should you need any other information.

  15. Dear Sirs

    I want to trade with your organisation, and I want to deposit funds with my prepaid visa card is this okay?

    Also can i trade US/GBP ?

    would I be assigned an account Manager once I oped my account.

    Can you confirm your license and regulatory body.

    Kind regards


  16. Dear Donald,

    Thank you for your interest in FP Markets.

    You can deposit funds with your prepaid VISA card, if the card allows refunds.

    We do not offer USD/GBP.

    You will have an account manager who will be more than happy to assist you and guide you.

    We are regulated by the Australian Securities and Investments Commission (ASIC AFS License No: 286354).

    Please let us know if you need further information.

      • Hi there, I am from Namibia. The latter is a neighbouring country on the northwestern side with South Africa. Namibia’s currency, the Namibia Dollar (N$). Is pegged on a 1:1 basis with South African Rand (ZAR). Is Namibian citizens allowed to trade on FPmarkets?

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