FP Markets overview
In short: FP Markets – FP Market is a renowned Australian CFDs and FX brokerage that was founded in 2005. It is governed by the Australian Securities and Investments…
FP Markets is an Australian CFD and FX brokerage founded in 2005. It is regulated by the Australian Securities and Investments Commission (ASIC) and the Cyprus Securities and Exchange Commission (CySEC), and it offers forex, indices, commodities, shares and cryptocurrency CFDs to retail and professional clients. This review covers the company background, safety, account structure, trading costs, platforms and funding so you can decide whether the broker fits your plans.
Regulation by ASIC is a strong starting point, since it is one of the more established financial regulators in the world. Regulation alone does not protect you from trading losses, though, so the rest of this review looks at the conditions you will actually trade under.
FP Markets Overview: Company Background
The company was set up in 2005 with the aim of offering a single place where traders could access a wide choice of markets. Over time it has built its service around an ECN and STP model, which means client orders are passed to liquidity providers rather than being handled as a simple market-maker book. Our database lists the broker type as ECN/STP/DMA.
The broker's registered office is at First Floor, First St. Vincent Bank Ltd Building, James Street, Kingstown, St. Vincent and the Grenadines. That address is the company's headquarters listing, while the regulated entities are the Australian and Cypriot businesses described below.
FP Markets Regulation and Safety
The Australian arm of the group operates under an ASIC Australian Financial Services Licence. Our records show the entity's ABN as 16 112 600 281 and AFS Licence No. 286354, covering forex trading services. ASIC requires licensed firms to meet capital and conduct standards, and it provides a public register for checking them.
CySEC supervises the European-facing business. Clients who sign up through that entity fall under Cypriot rules, which can differ from Australian rules on leverage limits, complaints handling and investor compensation. Ask which entity will hold your account before you deposit.
Before you open an account, check the broker's licence in the official ASIC Professional Register.
A quick verification process will protect you from clone sites and expired licences. Follow these steps:
- Search the licence number on the regulator's own register, not on a link from an advertisement.
- Confirm that the legal entity named in your agreement matches the regulated entity.
- Read the client agreement and the product disclosure documents before funding.
Account Types and Account Currencies
FP Markets offers several account types, including a standard account, a mini account and ECN-style accounts. Our database lists an entry figure of 100 for the mini account and 1000 for the standard account. Treat these as starting points only and confirm the current minimum deposit for your region on the official site, since requirements can change.
You can open accounts in several base currencies, including USD, AED, EUR, AUD, GBP, CHF, JPY, NZD and CAD. Choosing a base currency that matches your deposit currency reduces conversion costs, and it also makes profit and loss easier to track.
Trading Conditions: Spreads, Leverage and Fees
Variable Spreads on Major Pairs
The broker uses variable spreads. Our database shows a spread of 0.0 pips on major currency pairs, which is the headline figure in its marketing. Variable spreads move with market liquidity, so they widen during news releases, rollovers and volatile sessions. Check live quotes at the times you plan to trade, not only at the advertised level.
Leverage Limits
The maximum leverage listed is 1:1000. Many retail clients will not see that figure, because Australian and European rules restrict leverage for retail CFD and forex accounts. The available ratio depends on your entity, your account type and your classification. Higher leverage increases both potential gains and potential losses, so size positions with that in mind.
Commissions and Other Costs
Our data does not give a full commission schedule, so you should read the current fee table on the broker's website before trading. Ask about overnight financing charges on positions held past the daily rollover, and check whether any account type carries a separate commission per trade. Costs that look small on one trade can add up over a month of active trading.
Trading Platforms and Tools
The platform list is one of the broker's strongest points. Clients can use MetaTrader4, MetaTrader5 and cTrader, along with the MT4 WebTerminal, MT4 MultiTerminal, WebTrader and mobile versions for Android, iPhone and iPad. Expert advisors are supported, so automated strategies can run on the MetaTrader platforms.
Research tools vary in depth. Charting and news features are generally solid on MetaTrader, but they are not the focus of the broker's offering. Traders who depend on fundamental news or advanced analytics may want to compare other sources, such as our guide to technical analysis in forex markets, before committing to a platform.
Deposits and Withdrawals
Popular funding routes include bank wire, debit and credit cards, Skrill, Neteller, OKPay, Payza, Western Union Quick Pay, FasaPay and China UnionPay. Bank wires are typically the route for larger transfers, while e-wallets are usually faster for smaller amounts. Fees and processing times differ by method and by country, so check the funding page before you choose.
The broker runs bonus and promotional offers, including a deposit bonus. Bonuses often carry trading volume requirements and withdrawal conditions, and they can change, so read the full terms before you accept one.
Customer Support and Languages
The website is available in several languages, including English, Chinese, Indonesian, Vietnamese, Thai, Malay and Arabic. Support hours, channels and response times are not covered by our database, so test them yourself before funding. Send a question about withdrawals or account verification and note how long the reply takes.
FP Markets features & services
| Company | FP Markets |
|---|---|
| Address | First Floor, First St. Vincent Bank Ltd Building, James Street, Kingstown, St. Vincent and the Grenadines |
| Headquarters | St. Vincent and the Grenadines |
| Registration | https://www.fpmarkets.com/ |
| Expert advisors | Yes |
| Bonuses, promotions | Yes |
| Trading by phone | Yes |
FP Markets Pros and Cons
Pros
- Regulated by ASIC and CySEC, with an Australian AFS licence on record.
- ECN and STP execution model with variable spreads quoted from 0.0 pips on majors.
- A wide platform range, including MetaTrader4, MetaTrader5, cTrader and WebTrader.
- Expert advisor support, copy trading and bitcoin-linked CFD products.
- Many account currencies and a broad choice of deposit methods.
- Multilingual website and promotional offers for new clients.
Cons
- Maximum leverage of 1:1000 is high and can magnify losses quickly.
- Variable spreads widen during volatile markets and news events.
- Research and educational tools are less developed than those of some rivals.
- Fee details and support quality are not fully clear from public data alone.
- Available leverage, products and bonuses depend on your entity and region.
Who FP Markets Is Best For
FP Markets suits experienced traders who want a regulated ECN-style broker with access to MetaTrader and cTrader, and who plan to use expert advisors or copy trading. Traders who value a regulated entity and a broad payment menu will also find it useful. Beginners should spend time on a demo account and read the risk documents before using high leverage.
If you prefer a broker with a different fee model, you may want to compare it with our profile of VT Markets or Hantec Markets before making a decision.
FP Markets Final Verdict
FP Markets earns our rating of 4 out of 5. Its regulation by ASIC and CySEC, its ECN-style execution and its platform range make it a serious option for active traders. The main questions are the variable spread conditions, the high leverage limit and the clarity of its fee schedule, all of which you should verify before depositing.
Leveraged trading in CFDs and forex carries a high risk of losing money quickly, and most retail accounts lose money. Only trade with funds you can afford to lose.
FP Markets: FAQ
Is FP Markets worth a look?
FP Market is a renowned Australian CFDs and FX brokerage that was founded in 2005. It is governed by the Australian Securities and Investments Commission (ASIC), the Cyprus Securities Commission (CySEC), and the Capital Market Authority of St.
What should traders know about FP Markets?
Because of its significant track record of success and regulation by top-tier ASIC, the FPMarket is regarded as safe.
Who is FP Markets best for?
FP Market, founded and licensed in 2005, is a global Banking Technologies solutions International Exchange (Forex) & Contract for Difference (CFD) brokerage.
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Conclusion
FP Markets is a long-established, regulated broker with a strong platform line-up and ECN-style pricing. Its appeal is clearest for experienced traders who want MetaTrader, cTrader and automation tools. Before you open an account, confirm the licence, read the current fee and leverage terms, and test the withdrawal process with a small amount.
FP Markets trading conditions 2027
| Pip spread on majors | 0.0 pips |
|---|---|
| Spread type | Variable |
| Maximum leverage | 1:1000* |
| ECN / STP | 100 |
| Standard account | 1000 |
| Mini account | 100 |
| Payment methods | Bank wire, Debit/Credit Card, Skrill, Neteller, OKPay, Payza, Western Union Quick Pay , FasaPay, China Union Pay and More |
| Account currencies | USD, AED, EURO, AUD, GBP, CHF, JPY, NZD, CAD, CAD and More |
| Available assets | First Floor, First St. Vincent Bank Ltd Building, James Street, Kingstown, St. Vincent and the Grenadines |
| Languages | English, Chinese, Indonesian, Vietnamese, Thai, Malaysia, Malaysia, Arabic and More |
| Platforms | MetaTrader4, MetaTrader5, cTrader, MT4 WebTerminal, MT4 Android, MT4 iPhone Trader, MT4 iPad Trader, MT4 MultiTerminal, WebTrader and More |
| Broker type | ECN/STP/DMA |
| Regulation | Forex trading services (ABN 16 112 600 281, AFS License No. 286354), |
| Founded | 2005 |
| Copy trading | Yes |
| Bitcoin trading | Yes |
FP Markets reviews from traders
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Dhriti Sundar Nath★★★★★
I have been using FP Markets for about… I have been using FP Markets for about 2years now for my forex trading. In all they have been amazing with prompt and resourceful customer support team. They have a flexible spread on the major currency pairs and a very fast account funding process. I give it five star but will advice them to improve on their withdrawal time.
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Nuria Abdosh★★★★★
Best service ever and very helpful stuff , mr Konstantinos Sfakianakis is an experienced and helpful Client Relationship Officer who solved all my questions in my home language :) I strongly recommend fpmarkets especially for copy trading.
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Srijani Paul★★★★★
The advantages and disadvantages of FP Market FP Commodities provide low FX commissions. Because both bank accounts and payments are simple and rapid, one can be up and running quickly. The demo account and e-books were both excellent instructive resources.
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kamal★★★★★
The internet and desktop trade interfaces for MetaTrader4 are no longer available. The sophistication of research tools varies, particularly in terms of important information, media, and graphing.