FP Markets Review 2026 — Is It Worth Your Trust?
A veteran broker with competitive ECN pricing. · Est. 2005 · Australia
Capital at risk. CFD trading involves significant risk. This may be an affiliate link.
An Excellent Choice for Cost-Conscious Traders
FP Markets is best suited for experienced and active traders who can take full advantage of the excellent pricing on its Raw ECN account. The broker’s strongest point is its combination of tight spreads, low commissions, and fast execution. Its main limitation is that some international clients are onboarded through its St. Vincent & the Grenadines entity, which offers fewer regulatory protections. We recommend FP Markets for traders who prioritize low trading costs and a wide selection of platforms.
- ✓ Spreads from 0.0 pips on Raw accounts
- ✓ Regulated by top-tier authorities like ASIC & CySEC
- ✓ Wide platform choice: MT4, MT5, cTrader, TradingView
- ✓ Extensive range of over 10,000+ tradable instruments
- ✕ Some clients registered under offshore regulation
- ✕ Iress platform can incur extra fees
- ✕ Some negative user feedback online
| Regulation | ASIC, CySEC, FSCA, FSA |
| Founded | 2005 |
| Headquarters | Sydney, Australia |
| Minimum Deposit | $50 AUD or equivalent |
| Maximum Leverage | 1:500 |
| EUR/USD Spread | From 0.0 pips (Raw) |
| Trading Platforms | MT4, MT5, cTrader, TradingView, Iress |
| Instruments | Forex, Shares, Indices, Commodities, Crypto, Bonds, ETFs |
| Deposit Methods | Card, Bank Wire, Skrill, Neteller, Crypto |
| Withdrawal Time | 1-3 business days |
| Customer Support | 24/7 Live Chat, Phone, Email |
| Website | Visit Site ↗ |
Capital at risk. CFD trading involves significant risk. This may be an affiliate link.
Our Full Rating Breakdown
Our ratings are the result of a rigorous, data-driven process. We evaluate brokers across multiple categories, including regulatory trust, fee structures, and platform usability, to provide you with a comprehensive and unbiased assessment.
Is FP Markets Regulated & Safe?
FP Markets is a well-regulated broker, holding licenses from several authorities globally, including top-tier regulators like ASIC in Australia and CySEC in Europe. This multi-jurisdictional oversight ensures a high degree of client protection, including the segregation of client funds. However, some international clients may be registered under entities in St. Vincent & the Grenadines or Seychelles, which offer less stringent regulatory protection.
| Regulator | ASIC, CySEC, FSCA, FSA (Seychelles), SVG ✓ |
| Tier-1 License | Yes (ASIC, CySEC) ✓ |
| Client Fund Segregation | Yes ✓ |
| Compensation Scheme | Yes (ICF up to €20,000 for CySEC clients) ~ |
| Negative Balance Protection | Yes ✓ |
| Founded | 2005 ✓ |
| Headquarters | Sydney, Australia ✓ |
Always verify which regulatory entity your account is registered with. If you have a choice, opt for an entity under a Tier-1 regulator like ASIC or CySEC for the highest level of investor protection.
Fees, Spreads & Commissions
FP Markets stands out for its highly competitive pricing, particularly through its Raw account. This account offers raw spreads starting from 0.0 pips, paired with a low commission of $3.00 per side per lot. The commission-free Standard account is also available, though its spreads are wider, starting from 1.0 pips. Overall, the fee structure is transparent and very attractive for active traders.
| Instrument | FP Markets Raw ℹ | FP Markets Standard ℹ | IC Markets Raw ℹ |
|---|---|---|---|
| EUR/USD | 0.0 | 1.1 | 0.0 |
| GBP/USD | 0.2 | 1.3 | 0.2 |
| USD/JPY | 0.1 | 1.2 | 0.1 |
| Gold XAUUSD | 0.10 | 0.25 | 0.05 |
| Oil USOIL | 0.03 | 0.05 | 0.03 |
FP Markets maintains a transparent fee structure with no deposit fees or inactivity fees.
Overnight financing (swap) fees apply to positions held open overnight and vary by instrument.
Account Types Explained
FP Markets simplifies its offering with two primary account types: Standard and Raw. The Standard account is ideal for beginners, featuring zero commission and spreads from 1.0 pips. The Raw account is tailored for active traders and scalpers, providing ECN spreads from 0.0 pips plus a competitive commission. Both accounts offer a low minimum deposit of $100 AUD (or equivalent) and leverage up to 1:500 for eligible clients.
- Commission-free trading
- Good for new traders
- Supports MT4 & MT5
- Raw ECN spreads from 0.0 pips
- Ideal for scalpers & algos
- Fast ECN execution
Account Comparison
| Feature | Standard Account | Raw Account |
|---|---|---|
| Min Deposit | $100 AUD | $100 AUD |
| Spread From | 1.0 pips | 0.0 pips |
| Commission | $0 | $3.00 per side |
| Leverage | Up to 1:500 | Up to 1:500 |
| Instruments | 70+ Forex Pairs, CFDs | 70+ Forex Pairs, CFDs |
| Best For | Beginners | Active Traders |
Both Standard and Raw accounts are available as Islamic (swap-free) versions for traders of the Muslim faith.
Trading Platforms & Tools
FP Markets provides an impressive array of trading platforms to suit every type of trader. You can choose from the globally popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5), both known for their powerful charting and automated trading capabilities. For those seeking more advanced features, the broker also offers cTrader and direct integration with TradingView. This selection ensures excellent connectivity and access to advanced tools for all clients.
Deposits & Withdrawals
FP Markets offers a seamless and efficient funding experience with a wide range of payment methods. You can fund your account via credit/debit cards, bank transfers, and popular e-wallets like Skrill and Neteller, with most deposits being instant and free of charge. The minimum deposit is a low $50, making it accessible for all traders. Withdrawals are processed promptly, typically within one business day, ensuring you can access your funds quickly.
| Payment Method | Method | Deposit Speed | Withdrawal Speed | Broker Fee |
|---|---|---|---|---|
| Credit / Debit Card | Instant | <24 hrs | None | |
| Bank Wire Transfer | 1-3 days | 1-3 days | None | |
| Skrill / Neteller | Instant | <24 hrs | None | |
| PayPal | Instant | <24 hrs | None | |
| Cryptocurrency | Instant | <24 hrs | None |
To comply with anti-money laundering regulations, withdrawals must be sent back to the original funding source.
Education, Research & Analysis
FP Markets provides a solid range of educational and research tools to support its clients. Traders have access to daily market analysis, video tutorials, and comprehensive trading guides. The broker also integrates third-party tools like Autochartist and Trading Central to provide actionable trading signals and insights. While the content is valuable, it is more suited to beginner and intermediate traders rather than advanced professionals.
🛠️ Tools
🔬 Research
📖 Education
FP Markets offers a well-rounded selection of educational and research materials that are particularly useful for new and developing traders.
What Real Traders Say About FP Markets
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