This profile is built from public sources. Each licence row below shows whether our team has checked it against the regulator's register yet. Always confirm on the register yourself before you deposit.
FP Markets is an Australian broker offering raw-spread forex accounts and a large range of share CFDs. It is licensed in Australia, Cyprus and South Africa.
Serving you from: FP Markets LLC — SVG FSA Registration only
Strengths
- ASIC, CySEC and FSCA licences in the group
- Raw-spread accounts on MetaTrader and cTrader
- In business since 2005
Weaknesses
- International clients are served by an offshore entity
- Privately held
- Research offering is modest
Best for: Cost-focused traders who want an Australian-regulated group.
Visit FP MarketsOfficial site · we earn no commission here Compare
Key facts
- Founded
- 2005
- Headquarters
- Australia
- Publicly listed
- No
- Group regulators
- ASIC, CySEC, FSCA, SVG FSA
- Min. deposit
- $100
- Platforms
- MetaTrader 4, MetaTrader 5, cTrader, TradingView
- Execution
- ECN, DMA
- Copy trading
- Yes
- Islamic account
- Yes
- Demo account
- Yes
Regulation and legal entities
A broker brand is usually several companies. The one you open an account with decides your leverage limit, whether you have negative balance protection, and which compensation scheme, if any, covers you.
| Legal entity | Regulator | Licence no. | Max. leverage | Our check |
|---|---|---|---|---|
| First Prudential Markets Pty Ltd Australia | ASIC Tier 1 | 286354 | 1:30 | Not yet verified by us Open register |
| First Prudential Markets Ltd Cyprus · ICF up to €20,000 | CySEC Tier 2 | 371/18 | 1:30 | Not yet verified by us Open register |
| FP Markets (Pty) Ltd South Africa | FSCA Tier 2 | 50926 | Varies | Not yet verified by us Open register |
| FP Markets LLC St Vincent and the Grenadines | SVG FSA Registration only | To be confirmed | Varies | Not yet verified by us Open register |
Accounts and fees
| Account | Pricing | EUR/USD spread from (advertised) | Commission per lot, round turn | Min. deposit |
|---|---|---|---|---|
| Standard | Spread only | 1.0 pips | — | $100 |
| Raw | Raw spread + commission | 0.0 pips | $6.00 | $100 |
Figures in this table are the broker's own advertised conditions, not our measurements. Advertised “from” spreads are best-case values.
Spreads we measured
We have not measured live spreads for this broker yet. Until we do, cost does not count towards its rating.
Platforms and execution
FP Markets offers MetaTrader 4, MetaTrader 5, cTrader, TradingView. Execution model as described by the broker: ECN, DMA.
Deposits and withdrawals
We have not run our own deposit and withdrawal test with this broker yet. When we do, the log appears here with dates and times.
Country availability
Pick your country at the top of the page to see which FP Markets entity would serve you.
Not accepted, according to the broker: United States.
Alternatives with a shared regulator
| Broker | Trust Score | Your entity & regulator | Min. deposit | Platforms | |
|---|---|---|---|---|---|
| CMC Markets Since 1989 · LSE: CMCX | 91/99 | FCA #173730 CMC Markets UK plc | $0 | Own platform, MetaTrader 4, TradingView | Review Visit CMC MarketsOfficial site · we earn no commission here |
| Interactive Brokers Since 1978 · NASDAQ: IBKR | 91/99 | CFTC/NFA #0258600 Interactive Brokers LLC | $0 | Own platform, TradingView | Review Visit Interactive BrokersOfficial site · we earn no commission here |
| City Index Since 1983 · NASDAQ: SNEX (parent) | 89/99 | FCA #446717 StoneX Financial Ltd | — | Own platform, MetaTrader 4, TradingView | Review Visit City IndexOfficial site · we earn no commission here |
Trust Score and regulator are shown for the legal entity that serves your country. Change country at the top of the page.
Frequently asked questions
Is FP Markets regulated?
FP Markets operates through 4 legal entities in our database, holding licences or registrations with: ASIC, CySEC, FSCA, SVG FSA. Which entity you sign up with depends on where you live, and so does the protection you get. Check the licence number on the regulator's own register before you deposit.
What is the minimum deposit at FP Markets?
FP Markets advertises a minimum first deposit of $100 on its entry-level account. The amount can differ by entity, account type and payment method.
Which trading platforms does FP Markets offer?
FP Markets offers: MetaTrader 4, MetaTrader 5, cTrader, TradingView. Platform availability can vary between its entities.
Is FP Markets a safe broker?
No broker is risk-free. Our Global Trust Score for FP Markets is 30 out of 99. The score reflects the regulator tier of the entity that serves you, the group's other licences, company structure and track record. It says nothing about whether trading will be profitable for you.