FP Markets
Your Gateway to Global Trading
Trade Forex, Stocks, Indices and Commodities with competitive spreads
Key Broker Details
Quick Facts
Regulation
CySEC (Cyprus), ASIC (Australia), FSCA (South Africa), FSA (Seychelles), FSC (Mauritius)
Country
Australia
Min. Deposit
$100.00
Spreads
From 1.0 pip (Standard, avg. 1.1 pips on EUR/USD) to 0.0 pips (Raw, avg. 0.1 pips + commission)
Pros
What we like
- Ultra-tight spreads from 0.0 pips on Raw accounts with low $3/lot commissions
- Extensive 10,000+ instruments across 10+ asset classes for diversified trading
- Multi-regulated with segregated funds and negative balance protection
- Fast execution (<40ms) and free VPS for low-latency scalping/algos
- 24/7 support in 18+ languages, plus social/copy trading via Myfxbook
Cons
Areas for improvement
- Higher minimum deposit for Iress accounts (AUD 1,000) limits accessibility
- Limited proprietary education; relies on third-party tools like Trading Central
- Not available in the US, Japan, or sanctioned countries due to regulations
- Withdrawal fees on some methods (e.g., 1% for Skrill) can add costs
Broker Summary
FP Markets is a trusted global forex and CFD broker founded in 2005 in Australia. Regulated by ASIC and CySEC, it offers secure trading with over 10,000 instruments, including forex, stocks, commodities, and crypto. The broker provides ECN pricing with spreads from 0.0 pips, leverage up to 1:500, and supports MT4, MT5, cTrader, TradingView, and IRESS platforms. With a low $100 minimum deposit, fast execution, and 24/7 support, FP Markets is ideal for traders seeking low-cost, multi-platform trading under strong regulation.
Trading Platforms
Mobile Trading
FP Markets provides mobile trading apps for MetaTrader 4 (MT4), MetaTrader 5 (MT5), and cTrader platforms, compatible with both iOS and Android devices.
Web Trader
Yes (TradingView web platform; MT5 WebTrader)
Safety & Regulation
Capitalization
Privately held; processes $15B+ monthly volume with strong Tier-1 bank partnerships (no public capitalization disclosed)
Insurance
p to €20,000 via ICF (CySEC); negative balance protection standard
Licenses
ASIC (286354), CySEC (371/18), FSCA (49464), FSA (SD028), FSC (C113017331), CMA (156), SCB (SIA-F204)
Jurisdictions
Australia, Cyprus (EU), South Africa, Seychelles, Mauritius, Kenya (CMA), Bahamas (SCB)
Trading Tools
Social Trading
Econ Calendar
Account Managers
Payments
15+ options including cryptocurrencies (BTC/ETH), regional gateways (e.g., Paytrust88 for Asia); no third-party payments; min. $50 for most
FP Markets Overview
Comprehensive broker information and trading capabilities
Languages & Region
18+ including English, Arabic, Chinese, French, German, Hindi, Indonesian, Japanese, Malay, Portuguese, Russian, Spanish, Thai, Vietnamese
Australia
Pricing & Fees
Commission-free Standard; $3/side ($6 round-turn) on Raw; no inactivity fees; swaps vary by instrument (triple on Wednesdays for forex)
Deposit Methods
Credit/Debit Cards (Visa/Mastercard), Bank Wire, Skrill, Neteller, PayPal, Poli, PaySafeCard, Bitcoin, Local methods (e.g., BPay for AU, Ngan Luong for Vietnam)
Withdrawal Methods
Same as deposits; processed 1-3 days (instant for e-wallets)
Trading Platforms
MetaTrader 4, MetaTrader 5, cTrader, WebTrader, TradingView
Leverage
Up to 1:500
Account Types
Standard Accounts, Islamic Account, ECN Accounts, Copy Trading Accounts, VIP Accounts, Raw Account
Customer Support
24/7 multilingual customer support via live chat, email, and phone.
Fund Security
VPS Hosting
FP Markets Insights & Features
Discover what makes FP Markets stand out with comprehensive tools and resources
News & Analysis
Market insights and analysis
Reuters feeds, daily outlooks, Trading Central reports, in-platform news ticker
Top Feature
Standout platform feature
ECN Raw Spreads from 0.0 Pips – Access interbank pricing with $3/lot commissions and <40ms execution for cost-effective scalping.
Research Tools
Advanced research capabilities
Advanced charting tools, economic calendar, technical indicators, and access to Trading Central and Autochartist.
Educational Resources
Learning materials and courses
Demo accounts, e-books, webinars, video tutorials, and market analysis.
FP Markets Account Structure
Compare account types and features
FP Markets Account Types
| Feature | Standard | Raw | Islamic | Iress (Platinum/Premier) |
|---|---|---|---|---|
| Best For | Beginners, low-volume retail traders | Scalpers, high-frequency, algorithmic traders | Muslim traders seeking Sharia-compliant (swap-free) options | Professional equity/stock traders, high-net-worth investors |
| Minimum Deposit | $100 (USD equivalent; varies by region/method) | $100 (USD equivalent) | $100 (USD equivalent) | AUD 1,000 (geographically restricted, e.g., AU/NZ) |
| Spreads (EUR/USD Avg) | From 1.0 pips (avg. 1.1 pips) | From 0.0 pips (avg. 0.1 pips) | Same as Standard (avg. 1.1 pips) or Raw (avg. 0.1 pips) | DMA pricing (avg. 0.1-0.5 pips on forex; stock-specific) |
| Commissions | ❌ None | ✅ $3 per side ($6 round-turn per lot) | ❌ None (Standard variant) or ✅ $6 round-turn (Raw variant) | ✅ Variable (e.g., $9.90-$19.95 per ASX trade; forex $6/lot) |
| Swaps | ✅ Variable (triple on Wednesdays for forex; credits/debits) | ✅ Variable (same as Standard) | ❌ None (swap-free; admin fee after 7-10 days) | ✅ Variable (overnight funding for CFDs) |
| Other Fees | ✅ No deposit/withdrawal/inactivity fees (third-party may apply) | ✅ Same as Standard | ✅ Same as Standard/Raw | ✅ Brokerage fees per trade; no inactivity |
| Execution Type | Market (no dealing desk) | ECN (direct market access) | Market/ECN (mirrors base account) | DMA (direct market access for equities) |
| Avg Execution Speed | ✅ <40ms | ✅ <40ms (NY4 servers) | ✅ <40ms | ✅ <100ms (for ASX trades) |
| Requotes/Slippage | ➖ Minimal (possible during volatility) | ❌ None (ECN minimizes) | ➖ Minimal | ❌ None (DMA reduces) |
| Max Order Size | Unlimited | Unlimited | Unlimited | 10,000 shares/order (equities); unlimited for forex |
| Stop Level | ✅ 0 pips | ✅ 0 pips | ✅ 0 pips | ✅ 0 pips |
| Leverage | Up to 1:500 (non-EU); 1:30 (EU/ASIC retail) | Same as Standard | Same as Standard/Raw | Up to 1:200 (equities CFDs); 1:500 forex |
| Margin Call Level | 100% | 100% | 100% | 100% (customizable alerts) |
| Stop Out Level | 50% | 50% | 50% | 20% (for CFDs) |
| Negative Balance Protection | ✅ Yes | ✅ Yes | ✅ Yes | ✅ Yes |
| Hedging Allowed | ✅ Yes | ✅ Yes | ✅ Yes | ✅ Yes |
| Scalping Allowed | ✅ Yes | ✅ Yes (ideal) | ✅ Yes | ➖ Limited (better for swing/position trading) |
| Lot Sizes | Micro (0.01 lots) | Micro (0.01 lots) | Micro (0.01 lots) | Shares-based (1 share min); micro lots for forex |
| Instruments Access | ✅ Full (10,000+ forex, CFDs, indices, commodities, crypto, shares) | ✅ Full | ✅ Full | ✅ Equities-focused (11,000+ ASX/global shares, forex, futures) |
| Platforms | ✅ MT4, MT5, TradingView, cTrader, WebTrader | ✅ MT4, MT5, TradingView, cTrader, WebTrader | ✅ MT4/MT5 (mirrors base) | ✅ Iress ViewPoint/WebTrader (desktop/web) |
| EA/Robot Support | ✅ Yes (full algo trading) | ✅ Yes (optimized for EAs) | ✅ Yes | ❌ Limited (no MT4 EAs; custom scripting) |
| VPS Hosting | ✅ Free ($5,000+ balance & 10 lots/month) | ✅ Free (same criteria) | ✅ Free (same) | ❌ Not available (Iress-specific) |
| Priority Support | ✅ Standard (24/7 multilingual) | ✅ Standard | ✅ Standard | ✅ Dedicated account manager for Premier |
| Additional Perks | Simple setup, no commissions; ideal for beginners | Tight raw pricing, Myfxbook copy trading integration | Sharia compliance; same perks as Standard/Raw | Advanced analytics, DMA order book, portfolio linking; ASX Level 2 data |
| Pros | Low entry barrier, commission-free, broad access; beginner-friendly | Ultra-low costs for volume, ECN execution, fast speeds; scalper-optimized | Ethical trading, no interest; mirrors popular accounts | Pro-grade for stocks, transparent pricing, multi-portfolio management |
| Cons | Wider spreads increase costs for frequent trades | Commissions add up for low-volume; requires strategy | Admin fees on long holds; limited to MT4/MT5 | Higher min deposit, geo-restricted, steeper learning curve |
Trading Features & Conditions
Explore FP Markets's comprehensive trading ecosystem
Max Leverage
500:1
Risk Management
Tools such as stop-loss orders, take-profit orders, and negative balance protection are available.
Special Conditions
Specific conditions may apply based on account type and region; it's advisable to consult FP Markets directly for detailed information.
