FP Markets

  • Trading conditions
  • Platforms and tools
  • Credibility
  • Education
  • Support
  • Fees and payments
  • Users choice
0 reviews

FP Markets is a trusted global CFD and Forex broker. The convenience of being able to trade CFDs across forex, equities, indices, commodities, futures and cryptocurrencies all from a single account is one of the key reasons traders choose FP Markets.

Overall Score


We have collected all the parameters of brokers that are important for trading into different groups for your convenience. The closer the parameter is to the maximum value, the higher the percentage of the group. The overall score is based on all groups’ scores. Now you can see what the strengths of the broker are and where are their weaknesses. Not only to see but also to understand how much it suits your particular needs. If a broker has a GREEN VERIFIED, then the information about its parameters has been received from the broker and been examined by us! GREY NOT-VERIFIED means that information about the parameters of the broker is collected from open sources on the network, BUT it is not confirmed by our tests. RED NOT-VERIFIED means that there is no unambiguous information on this broker in open sources and the specified parameters may differ greatly from the actual ones.

  • Spread:
  • Number of futures:
  • Number of currency pairs:
  • Digits after the dot:
  • Number of commodities:
  • Number of cryptocurrencies:
  • Minimum Deposit:
  • Number of bonds:
  • Nuber of indices:
  • Number of tradable assets:
  • Leverage:
  • Number of options:
  • Number of stocks:


Globally Regulated
40+ International Awards


FP Markets

FP Markets is an excellent brokerage platform for traders across the globe. The broker started its operations in 2005 from Sydney, Australia. The broker is authorised by the Australian Securities and Investments Commission (ASIC). The broker offers outstanding trading services to its clients and is constantly expanding its client base through its quality trading facilities.

The brokerage firm offers a wide range of 13000+ trading instruments across various financial markets, including CFD trading, forex trading, stock trading, crypto trading, commodity trading, indices trading, etc.

Traders can choose a trading account from two major account types known as Standard account and Raw account types. The broker also offers the Iress account type, which is commission-based.

The service provider offers the best and most used global trading platform MetaTrader4 and MetaTrader5. The trading platforms are advanced and provide a wide range of trading tools and charts. The broker also offers an Iress trading platform. Along with all this, the broker offers some advanced features like PAMM/MAM accounts, social trading, Autochartist indicators and VPS services.

Traders can deposit and withdraw funds through various payment methods. The brokers educational and research section is quite informative and beneficial for traders. The broker provides 24/5 instant and dedicated customer support.

FP Markets Scam or Legit? Regulations and Protection:

FP Markets is regulated and authorised by the Australian Securities and Investments Commission (ASIC). First Prudential Markets Ltd, one of the group companies, is controlled and licensed by Cyprus Securities and Exchange Commission(CySEC).

The broker also uses the segregation of customers’ funds and other encryption systems.

  • Firm Name: FP Markets Pty Ltd
  • Regulation: ASIC, CySEC.
  • Licence No: 154 461 104
  • Headquarter: Level 5, Exchange House 10 Bridge St Sydney NSW 2000, Australia

Overall, the broker is a fully authorised and safe trading venture; traders can start their trading journey with FP Markets.

FP Markets Trading Accounts:

The broker offers five excellent trading account types known as Standard, Raw, Iress Standard, Iress Platinum and Iress Premier. Traders also get access to the demo account and Islamic swap-free accounts.

Standard Account Type:

Min Deposit: $100

Spreads: From 1.0 pips

Maximum Leverage: 1:500

Execution: ECN Pricing

Commission Per Lot: Zero

Minimum Trade Size: 0.01 Lot

EAs: Yes

Mobile App


Raw Account Type:

Min Deposit: $100

Spreads: From 0.0 pips

Maximum Leverage: 1:500

Execution: ECN Pricing

Commission Per Lot: $3 per 100,000

Minimum Trade Size: 0.01 Lot

EAs: Yes

Mobile App


The broker also offers trading account types of advanced and experienced traders. These accounts need more minimum deposit than the other two accounts, and brokerage rates are also different.

Iress Standard Account type:

Minimum Deposit: $1000

Brokerage Rate: Min $10, then 0.1%

Iress Investor & Fee: Free

Financing: Base rate + 4.0%

Iress Platinum Account type:

Minimum Deposit: $25,000

Brokerage Rate: Min $9, then 0.09%

Iress Investor & Fee: Free

Financing: Base rate + 3.5%

Iress Standard Account type:

Minimum Deposit: $50,000

Brokerage Rate: No Min, then 0.08%

Iress Investor & Fee: Free

Financing: Base rate + 3.0%

FP Markets Account Opening:

The account opening process is fully digital and hassle-free. Traders can open an account within a few minutes. You have to visit the broker’s website and click on the open account tab in the right corner to open an account. Follow some simple five steps:

  • Fill personal details
  • Some Additional Details
  • Account configuration
  • Declaration
  • Verify your account by submitting ID proof and Address Proof

Account verification might take some hours; after verification, you can deposit the initial amount of $100 and start your trading.

FP Markets Trading Platforms:

The broker offers advanced and globally recognised MetaTrader4 and MetaTrader5 trading platforms for web trading, desktop and mobile trading. It also provides the ability to trade on outstanding active trader Iress platforms for web and desktop applications.

Traders can download both MetaTrader apps and Iress trading apps on android and ios operating systems.

FP Markets MetaTrader4 Trading Platform

  • One-click trading
  • Real-time prices
  • 50+ pre-installed technical indicators
  • Customisable alerts
  • Three chart types, Nine timeframes
  • Auto trading with EAs

FP Markets MetaTrader5 Trading Platform

  • Six pending stop order types
  • Market depth
  • Multi-asset class trading experience
  • 21 viewable timeframes
  • Auto trading with MQL5 EAs community

Iress Trader and Investor trading platform for (DMA) Direct Market Access trading.

  • Web-based trading or downloadable platforms
  • 50+ tools for technical analysis
  • 59 technical indicators
  • Real-time quotes for more than 13,000+ financial instruments
  • Actual exchange pricing and market depth

Along with this, the brokerage firm also offers some advanced trading features like PAMM/MAM accounts for fund management, MyFXbook for social trading, VPS services, advanced MetaTrader indicators known as Traders Toolbox and Autochartist indicators.

FP Markets Trading Instruments:

Traders get the ability to trade on more than 13000+ tradable assets from different financial markets like CFD trading, currency trading, equity trading, indices trading, crypto trading, commodity trading, futures trading, etc.

  • 61+ Currency Pairs
  • 5+ Cryptocurrencies
  • 12+ Indices
  • 3+ Commodities
  • 7+ Futures

Traders can trade all these assets through different trading strategies like

  • Day Trading
  • Scalping
  • Hedging
  • Weekly Trading
  • Automated Trading 
  • Copy Trading

FP Markets Commission & Spread:

Commissions and spreads vary as per different asset types and account types. Standard account offers commission-free trading, while Raw account is based on commission. Both account types provide ECN price execution.

Spreads start from 1.0 pips for standard account type while Raw account spread starts from 0.0. Commission for Raw account is $3 per 100,000 lot.

FP Markets Leverage

The broker offers 1:500 maximum leverage on both account types. The leverage might vary as per the different trading assets.

FP Markets Deposit and Withdrawal:

The broker offers a wide range of payment methods for deposit and withdrawal. 

  • Bank Wire Transfer
  • Credit/Debit Cards
  • Neteller
  • PayPal
  • Skrill
  • Poli Pay
  • Bpay
  • Fasapay
  • Paytrust88
  • Ngan Luong
  • Online Pay

The deposits are commission-free. At the same time, withdrawal has different charges based on payment method. The withdrawals may take up to 3-4 business days, depending on the chosen payment option.

FP Markets Education and Research:

The broker provides an immensely informative and extensive range of educational materials. The material will help both novice and experienced traders to learn different successful trading strategies and understand the dynamics of various financial markets. The material offered by the broker as follows:

  • Ebooks
  • Articles
  • Trading Tutorials
  • VODs
  • Webinar

The service provider offers a wide range of research through fundamental and technical analysis via their youtube channel and Traders Hub blog. It also provides different analysis tools, charts and indicators. Traders can get a better knowledge of the market and can predict the moves of the market.

  • Economical Calendar
  • Seasoned Calendar
  • Daily News

Customer Support Team:

The broker has a dedicated and well-trained customer support team that offers 24/5 assistance to its clients. The support is available in multiple languages like English, Greek, Portuguese, Arabic, Italian, Indonesian, Spanish, Japanese, French, Chinese, German, Thai, and Malay. 

Traders can resolve their queries through the FAQ section on the website, and they can contact them through telephone, live chat, email.

Final Verdict:

This was an unbiased FP Markets review based on various factors and services. We have done a thorough research and examined every aspect of the broker in detail. The brokerage is trusted and qualifies on every point.

The broker offers a wide range of 13000+ tradable instruments through core account types. The trading platform provided by the broker is advanced and most used MetaTrader4 and MetaTrader5, and Iress trader app. The spreads charged by the broker are very competitive. It offers excellent and exceptional educational support. Traders get 24/5 customer support assistance. 

Most importantly, the broker is highly regulated and authorised by ASIC and CySEC. Thus investors and traders can start their trading journey with FP Market. 

Why Trade With FP Market?

  • ASIC and CySEC regulated
  • MetaTrader4 and MetaTrader5 Trading Platform
  • 13000+ Tradable Instruments
  • Multilingual Support
  • Outstanding Educational Support
  • Minimum Deposit $100
  • ECN pricing and DMA trading
  • Copy-trading
  • Hedging Allowed
  • Scalping Allowed
  • Commission-free trading account

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