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FPMarkets Review 2026

FPMarkets at a glance

Minimum deposit
$100
Spreads from
0.06 pips
Max leverage
1:30
Regulation
ASIC, CySEC, FSCA
Pairs offered
60+
Markets
Forex, CFDs
Platforms
MT4, MT5, IRESS
Deposit options
Bank transfer, credit/debit cards, e-wallets
Telephone
-

Why trade with FP Markets in 2026?

FP Markets is an online broker that has earned its place as a highly competitive player in the global trading industry. Founded in 2005, FP Markets provides traders with access to a wide array of financial instruments, advanced trading platforms, and a range of services that make it a solid choice for both beginners and experienced traders alike. In this review, we will explore FP Markets in detail across seven key sections: Fees, Funding, Product Range, Trading Platforms, Research, Regulation, and Support. Each section will provide an in-depth analysis of its features, nuances, and comparisons to industry standards, giving prospective clients a thorough understanding of what they can expect from this broker.

Raw spreads Wide asset range Flexible platforms Basic research tools $100 minimum deposit No crypto CFDs

Fees

When it comes to the cost of trading, FP Markets offers a highly competitive pricing structure, which is one of its major selling points. The broker provides two main types of accounts: the Standard Account and the Raw Account. Each account has its own fee structure, tailored to different types of traders and their needs. The Standard Account is commission-free, and traders pay for their trades through spreads, which start from around 1.0 pip on major currency pairs such as EUR/USD. These spreads are relatively competitive within the industry and are ideal for traders who prioritize simplicity and cost predictability over minimizing every possible cost.

For traders who require tighter spreads and are comfortable with paying commission, FP Markets also offers the Raw Account. This account is designed for more active traders who benefit from tighter spreads, with rates as low as 0.0 pips on pairs like EUR/USD. However, the catch is the commission fee charged on both sides of the trade. The commission rate for the Raw Account is set at $3.00 per side per standard lot for clients trading in USD. While the commission fee is on the lower end compared to other industry leaders, such as IC Markets and Pepperstone, which charge commissions around $3.50 to $7.00 per round-turn, it is an important consideration for high-frequency traders who plan to execute many trades.

A major advantage of FP Markets’ pricing model is that it offers fee-free deposits and withdrawals for several popular payment methods, which is increasingly rare in the industry. This is especially beneficial for traders who make frequent transactions and want to avoid being burdened with additional costs that other brokers may impose. While the broker does charge swap fees (overnight financing costs) on positions that remain open overnight, these fees are typical in the industry and are influenced by the asset being traded as well as market conditions. These swap fees can be higher or lower depending on the specific pair and whether the position is long or short.

Another point worth noting is FP Markets’ low minimum deposit requirement, which is set at $100 for both the Standard Account and the Raw Account. This is an advantage for new traders, as it allows them to open an account with a relatively low initial investment compared to many competitors that often require higher minimum deposits. In this regard, FP Markets is quite accessible to traders with limited capital, opening up trading opportunities to a wider audience.

Funding

FP Markets offers an impressive range of funding options, providing traders with the flexibility to deposit and withdraw funds using a variety of methods. These methods include traditional options like Visa and Mastercard, bank wire transfers, and popular e-wallets such as PayPal, Skrill, and Neteller. One of the key advantages of FP Markets’ funding options is that many of these methods come with no deposit fees, which significantly lowers the cost for traders making frequent deposits or withdrawals. This is a standout feature compared to some other brokers, who may impose additional charges on deposits or withdrawals made via specific methods.

In addition to no deposit fees, FP Markets processes most deposits almost instantly, allowing traders to begin their trading activities without unnecessary delays. The e-wallets, in particular, are fast and convenient, providing near-instantaneous deposits, which is essential for traders who need to respond quickly to market opportunities. Wire transfers, while generally taking longer to process, are a secure option for those making larger deposits. However, wire transfer deposits can take anywhere from 1 to 3 business days, and depending on the bank, there may be associated fees charged by intermediary banks, although FP Markets itself does not charge for wire transfers.

Another positive aspect of FP Markets is that it supports multi-currency deposits, including popular base currencies such as USD, EUR, GBP, AUD, and others. This feature helps avoid additional conversion fees for traders who wish to deposit in their local currency, making the platform accessible to a global audience.

For withdrawals, FP Markets is known for its quick processing times, especially for e-wallets, where withdrawals are typically processed within a few hours. Wire transfer withdrawals may take a little longer, up to 1 to 3 business days, which is typical in the industry. As with deposits, there are no withdrawal fees for most methods, which is a significant advantage, especially for traders who wish to move funds between different accounts or external platforms.

Product Range

FP Markets offers a diverse product range, ensuring that traders have access to a broad spectrum of assets to diversify their portfolios and explore different market opportunities. The broker is primarily known for its forex offerings, with access to over 60 currency pairs, ranging from major pairs like EUR/USD and GBP/USD to more exotic pairs such as USD/TRY and EUR/SEK. The selection of forex pairs is competitive, placing FP Markets in a strong position compared to other brokers in terms of market variety. Traders can take advantage of tight spreads on many pairs, particularly in the Raw Account where spreads can go as low as 0.0 pips.

Beyond forex, FP Markets offers a broad selection of commodities, including popular assets like gold, silver, crude oil, and natural gas. These are available for trading as CFDs, allowing traders to speculate on price movements without having to actually own the underlying assets. This adds a level of convenience for traders looking to hedge against market volatility or diversify their portfolios into more traditional commodities markets.

The broker also provides access to indices, with some of the world’s most traded indices available, such as the S&P 500, Nasdaq 100, FTSE 100, and DAX 30. These instruments allow traders to speculate on the overall performance of stock markets and gain exposure to major global economic sectors.

For those interested in cryptocurrencies, FP Markets also offers trading on popular digital assets such as Bitcoin, Ethereum, and Litecoin. The inclusion of cryptocurrencies is increasingly important as the market for these assets continues to grow, and FP Markets gives traders the ability to trade CFDs on these volatile instruments, without the need to deal with the complexities of buying and storing digital coins. However, the broker does not provide access to the actual ownership of cryptocurrencies, meaning that it is still trading in the CFD form.

Compared to industry standards, FP Markets’ product range is extensive. While some brokers specialize in a narrow range of assets, FP Markets offers something for nearly every trader, regardless of their interests or experience. The availability of multiple asset classes makes it a highly versatile platform for both seasoned traders and newcomers looking to explore various markets.

See the full product range at FP Markets >

Trading Platforms

FP Markets provides two of the most popular and widely used trading platforms in the industry: MetaTrader 4 (MT4) and MetaTrader 5 (MT5). Both of these platforms are renowned for their stability, ease of use, and advanced functionality, making them ideal for a wide range of trading styles. MetaTrader is a trusted name in the industry, and FP Markets’ offering of both MT4 and MT5 ensures that traders have access to a comprehensive set of tools for analyzing markets and executing trades.

MT4 is primarily geared toward forex traders, offering a range of tools that allow for in-depth technical analysis, charting, and automated trading. One of its most notable features is the ability to create and use Expert Advisors (EAs), which allow traders to automate their trading strategies based on specific market conditions. MT4 is highly user-friendly, which makes it ideal for beginners, and its customization options ensure that advanced traders can tailor the platform to their specific needs.

MT5 is the newer version of MT4 and offers several additional features, including more timeframes, more order types, and better charting capabilities. It also provides access to a wider range of instruments beyond forex, including stocks, commodities, and cryptocurrencies. Additionally, MT5 has a multi-currency strategy tester, which makes it a better platform for traders who wish to test and refine their strategies. MT5 is ideal for those who trade across multiple asset classes and require more advanced features for analysis.

FP Markets also offers a web-based trading platform, which is convenient for traders who prefer to access their accounts from any computer without needing to download software. This platform is lightweight, easy to navigate, and retains much of the functionality of MT4 and MT5. For traders on the go, FP Markets also provides mobile versions of both MT4 and MT5, ensuring that traders can manage their trades and monitor markets from anywhere.

Market Research

In terms of research and analysis, FP Markets provides a solid set of tools, although its research offering may not be as comprehensive as some of the more established brokers in the industry. The broker offers a real-time news feed that provides updates on market-moving events, helping traders stay informed about the latest developments in the financial markets. This news service is crucial for traders who rely on fundamental analysis to guide their trading decisions.

Additionally, FP Markets provides an economic calendar, which allows traders to track upcoming economic events that could affect the markets, such as central bank meetings, GDP releases, and employment reports. This tool is useful for both short-term and long-term traders who want to anticipate market movements based on economic data.

FP Markets also offers some market analysis through its website, with daily insights into specific currency pairs, commodities, and market trends. However, compared to competitors like IG Group or Saxo Bank, the research tools at FP Markets are somewhat limited in terms of in-depth market reports, expert commentary, and charting analysis. For traders looking for more advanced research, third-party tools and resources may be required.

Financial Regulation

FP Markets is a regulated broker, which provides important protection and transparency for its clients. The broker holds licenses from reputable financial authorities, including the Australian Securities and Investments Commission (ASIC), which is known for its strict regulatory framework. ASIC’s oversight ensures that FP Markets complies with high standards of financial conduct, client fund protection, and operational transparency.

The broker is also regulated by the Cyprus Securities and Exchange Commission (CySEC), which further enhances its credibility, especially for traders within the European Union. The CySEC license allows FP Markets to offer its services to EU residents, while ensuring that clients’ funds are protected under EU regulations, such as the Investor Compensation Fund.

For traders in other regions, FP Markets is also registered with the FSC in Saint Vincent and the Grenadines, providing coverage for international clients. This broad regulatory footprint gives traders confidence that FP Markets operates with proper oversight, safeguarding their investments.

Client Support

FP Markets offers a high level of customer support, with a team that is available 24/5 to assist with any questions or issues traders may encounter. The broker provides several channels for support, including live chat, email, and telephone. The live chat feature is particularly helpful, as it allows for immediate responses to inquiries, ensuring that traders can quickly resolve any problems they face during market hours.

In addition to direct support, FP Markets maintains an extensive FAQ section on its website. This resource is incredibly useful for answering common questions related to account setup, trading platform usage, deposit/withdrawal methods, and other key aspects of trading. The broker also offers support in multiple languages, making it accessible to a global audience.

FP Markets’ support team is known for being responsive and professional, and many traders report having positive experiences when dealing with issues. However, as with any broker, the quality of support may vary depending on the nature of the issue, with more complex queries taking a little longer to resolve. Despite this, FP Markets’ overall customer service experience is one of the more reliable and effective in the industry.

FP Markets is a well-rounded and competitive broker that caters to a diverse range of traders. Its low fees, flexible funding options, and extensive product range make it an appealing choice for traders of all experience levels. With industry-standard trading platforms like MT4 and MT5, solid research tools, and a strong commitment to regulation, FP Markets provides a secure and feature-rich trading environment. The broker’s customer support is also a strong point, with accessible channels and helpful staff ready to assist traders. Whether you are a beginner just starting out or an experienced trader looking for a reliable partner, FP Markets provides the tools and support needed to succeed in the global markets.

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Regulation and safety

Regulated by
ASIC (AFSL 286354); CySEC (371/18); FSCA (FSP 50926); Seychelles FSA (SD130); Mauritius FSC (GB21026264); CMA Kenya
Regulator tier
Tier 1
Register entry
ASIC Professional Registers, AFSL 286354
Client money segregated
Yes
Held at
Major regulated banking institutions
Negative balance protection
Yes, retail clients
Compensation scheme
ICF up to €20,000 for eligible CySEC clients; no statutory investor compensation scheme under ASIC/Seychelles entities
Audited by
Independent external auditors
Not available to
Afghanistan, Cuba, Iraq, Iran, Liberia, Libya, Myanmar, Palestine, Russia, Somalia, Syria, Sudan, Yemen, United States, and FATF/EU/UN-sanctioned jurisdictions

What it costs to trade

Spread from
0.0 pips
EUR/USD spread
Approx. 0.1 pips, Raw
GBP/USD spread
Approx. 0.3 pips, Raw
Commission
US$3 per side / US$6 round turn, Raw
All-in cost, EUR/USD
Approx. 0.7 pips
Spread type
Variable
Overnight swap
Both: overnight swaps apply; Islamic accounts available
Currency conversion
Conversion at FP Markets' prevailing exchange rate

Accounts

Minimum deposit
$100
Account types
Standard, Raw, IRESS, Islamic, Professional/Wholesale, Demo
Account currencies
AUD, USD, EUR, GBP, SGD, CAD, CHF, JPY, NZD, HKD
Islamic account
Yes
Demo account
Yes
Professional account
Yes
Minimum trade size
0.01 lots
Time to open
Typically a few minutes

Platforms and tools

Platforms
MetaTrader 4, MetaTrader 5, cTrader, TradingView, IRESS
Own platform
No
Mobile app
Third-party
Browser trading
Yes
Automated trading
Yes; EAs, automated trading and VPS supported
Copy trading
Yes, FP Markets Copy Trading
Indicators
100+ via TradingView; 30+ MT4; 38+ MT5
Third-party tools
TradingView, Autochartist, Trading Central, VPS, IRESS
API access
Yes, FIX API/institutional connectivity

Markets and execution

Markets
Forex, Shares, Indices, Commodities, Metals, ETFs, Bonds, Cryptocurrencies
Currency pairs
70+
Total instruments
10,000+
Crypto CFDs
Yes
Maximum leverage
1:30
Execution model
ECN pricing / no dealing desk
Execution speed
Under 8ms
Order types
Market, limit, stop, stop-limit, stop-loss, take-profit, trailing stop
Servers
Equinix NY4, New York

Deposits and withdrawals

Deposit methods
Visa, Mastercard, bank transfer, Skrill, Neteller, PayPal, cryptocurrency, broker-to-broker transfer and regional methods
Withdrawal methods
Visa/Mastercard, bank transfer, Skrill, Neteller, PayPal, crypto and applicable original funding methods
Deposit time
Instant for cards and most e-wallets; crypto up to 1 hour; bank transfers typically 1-3 business days
Withdrawal time
Typically processed within 1 business day; bank transfers may require an additional 1-3 business days
Minimum withdrawal
No general minimum
Local payment methods
BPAY; PayID; POLi and various region-specific local banking/payment methods

Support and education

Support hours
24/7
Contact channels
Live chat, email, phone
Languages
Multilingual
Telephone
+61 2 8252 6800
Email
support@fpmarkets.com.au
Live chat response
Average 21 seconds
Education
Extensive: FP Markets Academy, courses, ebooks, webinars, videos, tutorials and trading guides
Research
Extensive: market analysis, Trading Central, Autochartist, technical/fundamental analysis and trading tools

Pros

  • Raw spreads
  • Wide asset range
  • Flexible platforms

Cons

  • Basic research tools
  • $100 minimum deposit
  • No crypto CFDs

FPMarkets FAQ

What is the minimum deposit at FP Markets?

The minimum deposit at FP Markets is $100.

What leverage does FP Markets offer?

FP Markets offers leverage up to 1:500 for professional traders, while retail clients have access to leverage up to 1:30 based on regulatory guidelines.

What account types does FP Markets have?

FP Markets offers Standard and Raw accounts for forex and CFD trading, as well as Iress accounts for equity traders.

How quickly can I open an account at FP Markets?

Accounts at FP Markets can be opened in minutes, and most verification processes are completed within 24 hours.

Is FP Markets a scam?

No, FP Markets is a trusted broker regulated by ASIC and CySEC, offering a secure trading experience.

FPMarkets Rating

8.1/10

Our overall score for FPMarkets, based on fees, platforms, product range, market research, regulation and client support.

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