FP Markets

Written by How we review

FP Markets is a well-regarded forex broker providing access to currencies and CFDs on popular platforms, supported by research tools and education. It offers broad market coverage, platform choice, and multilingual customer support.
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Key facts

9/10
Our rating
#23
Trust rank
2005
Founded
4
Licences
225
Countries accepted
HeadquartersAustralia
Broker typeDMA, ECN, STP
RegulationASIC; CMA; CySEC; FSCA
PlatformscTrader, MT4, MT5
InstrumentsCommodities, Cryptocurrencies, Forex, Indices, Metals
Fee levellow

Updated

Pros

  • • ASIC & CySEC regulated
  • • Raw ECN spreads from 0.0 pips
  • • Fast execution and deep liquidity
  • • MT4/MT5 platforms with EAs, hedging & scalping
  • • Low commissions on RAW account

    • Cons

  • • No negative balance protection across all entities
  • • No investor compensation scheme (ASIC clients)
  • • IRESS platform and market data fees
  • • Withdrawal fees on international bank wires/selected methods
  • • Not available to US residents

    • Key Features

  • • Multi asset Forex and CFD trading on MT4 MT5 cTrader and Iress
  • • ECN raw spreads deep liquidity and low latency execution
  • • ASIC and CySEC regulated with segregated client funds
  • • Advanced trading tools Autochartist VPS and copy trading
  • • MAM PAMM accounts for portfolio management
  • • Direct market access share CFDs via Iress

    • Similar Brokers

    Where This Broker Ranks

    How we review: We rate brokers on regulation, safety of client funds, trading costs, platforms and tools, execution, and reputation, using independent research and hands-on platform testing where possible. Partners cannot buy higher scores. This content is informational only, not investment advice.

    See our Methodology and Risk Disclosure for full details.

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    Frequently Asked Questions

    the broker is an online forex and CFD broker. It operates under regulatory oversight in multiple regions. You get access to retail and professional account options, subject to your location and eligibility checks. The firm discloses how it handles client money, including segregation policies, and you should review those documents before you apply. Availability, protections, and features can vary by country. You remain responsible for understanding local rules and the risks of margin trading. This is general information only.

    With the broker, you can trade forex pairs and a range of CFDs, including indices, commodities, precious metals, and shares. Some regions also offer digital asset CFDs. You choose instruments in the platform's market watch and place orders from charts or tickets. Product availability, contract sizes, and trading hours vary by jurisdiction and account. You should check the product disclosure and the symbol specifications before you trade. Complex instruments are not suitable for everyone, so ensure you understand how they work and the risks.

    the broker provides desktop, web, and mobile platforms with advanced charting, multiple order types, watchlists, and price alerts. You can use indicators, templates, and custom scripts for automation, depending on the platform. Some setups support third‐party tools and API access. You can open a demo profile to practice execution and platform workflow before funding. Platform features and add‐ons vary by account and region, so you should review the platform comparison on the broker's site and confirm compatibility with your device.

    At the broker, your trading costs include the spread and, on some accounts, a separate commission. You may also pay or receive overnight financing on open positions. If your account currency differs from the instrument's quote currency, you can incur conversion charges. Deposit and withdrawal methods can involve third‐party fees. Non‐trading fees and minimums can change, so you should review the current fee schedule and legal documents before you trade. Pricing varies by account type, instrument, and market conditions.

    To get started with the broker, you submit an online application and complete identity and address checks. After approval, you can fund using bank transfer, card, or supported payment services, subject to your region. Processing times and limits depend on the method you use. For security, the payment name must match your trading account, and withdrawals typically return to the original source. You can open a demo first if you want to learn the platform. Service availability varies by country; review the onboarding and funding pages.

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