Overall Score
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
- Minimum deposit $100
- EUR/USD spread 0.1
- Supported assets 10,000
- Regulation ASIC, CySec, FSA, Seychelles, FSC, Mauritius, MISA, FSCA, South Africa
users picked this broker in 3 months
Brief Look at FP Markets
FP Markets is a well-established online Forex and CFD broker, founded in 2005 and headquartered in Sydney, Australia. The company is regulated by top-tier financial authorities, including the Australian Securities and Investments Commission (ASIC) and the Cyprus Securities and Exchange Commission (CySEC), ensuring strong investor protection and compliance with international standards. FP Markets is best known for its lightning-fast trade execution and ultra-tight spreads, starting from 0.0 pips on RAW accounts. It offers access to a wide range of trading instruments, including Forex, stocks, indices, commodities, and cryptocurrencies. The broker supports both MetaTrader 4 and MetaTrader 5 platforms, making it suitable for both beginners and experienced traders.
- Advantages
- Disadvantages
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ASIC & CySEC regulation
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Spreads from 0.1 pips
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Fast order execution
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10,000+ trading instruments
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MT4, MT5 & Iress platforms
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Limited education for beginners
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Crypto trading not available in all regions
FP Markets Key Parameters Evaluation
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
Why trust us
Traders Union has analyzed financial markets for over 14 years, evaluating brokers based on 250+ transparent criteria, including security, regulation, and trading conditions. Our expert team of over 50 professionals regularly updates a Watch List of 500+ brokers to provide users with data-driven insights. While our research is based on objective data, we recommend that users perform independent due diligence and consult official regulatory sources before making any financial decisions.
Learn more about our methodology and editorial policies.
Top Forex brokers vs FP Markets
FP Markets | FBS | Admirals | |
---|---|---|---|
TU overall score | 7.07/10 | 8.21/10 | 7.55/10 |
Max. Regulation Level
Tier-1 regulation represents the most stringent oversight by top financial authorities, ensuring the highest level of security and compliance. Tier-2 and Tier-3 regulations indicate moderate to lower levels of oversight, with varying degrees of investor protection.
|
Tier-1 | Tier-1 | Tier-1 |
ECN Spread EUR/USD | 0.1 | 0.1 | 0.1 |
ECN Commission | 3 | 3 | 3 |
Withdrawal fee, % | 0-1 | No | 1 |
Commissions and Fees
The trading and non-trading commissions of broker FP Markets have been analyzed and rated as Medium with a fees score of 7/10. Additionally, these commissions were compared with those of the top two competitors, RoboForex and FxPro, to provide the most comprehensive information.
- Advantages
- Disadvantages
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Tight EUR/USD market spread
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No inactivity fee
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No deposit fee
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Above-average Forex trading fees
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Withdrawal fee applies
Trading Fees and Spread
Below, we evaluated and compared the trading commissions of FP Markets with those of two competitors. We focused on the spreads and other transaction fees directly associated with executing trades (e.g commission per lot on an ECN account). This comparison aimed to provide a clear understanding of the cost efficiency of each broker.
Standard Account Spread
For Standard accounts, FP Markets’s commissions are part of the floating spread, which varies with market conditions. Typical values are provided, but during high volatility, the spread may exceed these.
FP Markets | RoboForex | FxPro | |
---|---|---|---|
EUR/USD min, pips | 0.5 | 0.5 | 0.9 |
EUR/USD max, pips | 1.1 | 2 | 1.7 |
GPB/USD min, pips | 0.5 | 0.5 | 1.2 |
GPB/USD max, pips | 1.2 | 1.5 | 1.4 |
RAW/ECN Account Commission And Spread
The spread on ECN/RAW accounts is market-based and fluctuates, with average values given during active hours. It may vary during volatility spikes. A commission per lot is also charged.
FP Markets | RoboForex | FxPro | |
---|---|---|---|
Commission ($ per lot)
The commission is the fee charged by the broker for trading one standard forex lot (100,000 units of the base currency).
|
3 | 2 | 3 |
EUR/USD avg spread | 0.1 | 0.2 | 0.2 |
GBP/USD avg spread | 0.15 | 0.4 | 0.2 |
Non-Trading Fees
We conducted a detailed analysis of the non-trading fees associated with FP Markets. This review offers a comprehensive overview of the additional costs that may impact traders beyond regular trading activities.
FP Markets | RoboForex | FxPro | |
---|---|---|---|
Deposit fee, %
The indicated amount does not include possible fees from payment systems and banks.
|
0 | 0 | 0 |
Withdrawal fee, %
The indicated amount does not include possible fees from payment systems and banks.
|
0-1 | 0-4 | 0 |
Withdrawal fee, USD, %
The indicated amount does not include possible fees from payment systems and banks.
|
0 | 0-1.3 | 0 |
Inactivity fee ($, per month) | 0 | 0 | 15 |
Regulation and Safety
FP Markets has a safety score of 10/10, which corresponds to a High security level. The safest brokers are those with Tier-1 regulation, a long history (over 10 years in the market), and participation in investor compensation schemes.
- Advantages
- Disadvantages
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Tier-1 regulated
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Negative balance protection
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Track record over 20 years
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Strict requirements and extensive documentation to open an account
Abbreviation | Full Name | Country | Investor Protection Fund | Regulation Level |
---|---|---|---|---|
Cyprus Securities and Exchange Commission | Cyprus | Up to €20,000 | Tier-1 | |
Australian Securities and Investments Commission | Australia | No specific fund but has stringent consumer protection | Tier-1 | |
Financial Sector Conduct Authority of South Africa | South Africa | No specific fund | Tier-2 | |
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Financial Services Commission of Mauritius | Mauritius | No specific fund | Tier-3 |
Financial Services Authority of Seychelles | Seychelles | No specific fund | Tier-3 | |
|
Financial Services Authority of St. Vincent and the Grenadines | St. Vincent and the Grenadines | No specific fund | Tier-3 |
MISA (Mwali) | Mwali International Services Authority | The Comoros | No specific fund | Tier-3 |
Foundation date | 2005 |
Negative balance protection | Yes |
Verification (KYC) | Yes |
Deposit and Withdrawal
FP Markets received a Medium score for the efficiency and convenience of its deposit and withdrawal processes.
FP Markets provides a reasonable range of deposit and withdrawal options with moderate fees, in line with industry standards.
- Advantages
- Disadvantages
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Supports 5+ base account currencies
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Bitcoin (BTC) accepted
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Bank card deposits and withdrawals
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Bank wire transfers available
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PayPal not supported
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Limited deposit and withdrawal flexibility, leading to higher costs
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Wise not supported
What are FP Markets deposit and withdrawal options?
FP Markets provides a basic range of deposit and withdrawal options, covering essential methods in line with industry standards. This set of options is sufficient for most traders, with available methods Bank Card, Bank Wire, Skrill, Neteller, BTC.
FP Markets | RoboForex | FxPro | |
---|---|---|---|
Bank Wire | Yes | Yes | Yes |
Bank card | Yes | Yes | Yes |
PayPal | No | No | Yes |
Wise | No | No | No |
BTC | Yes | No | No |
What are FP Markets base account currencies? Base account currencies are the primary currencies in which trading accounts are denominated. They determine the currency used for deposits, withdrawals, and calculating account balances.Using a base currency that matches a trader's local currency can help avoid unnecessary conversion fees.
A wide range of base account currencies minimizes the need for currency conversion, potentially reducing transaction costs for clients worldwide. FP Markets supports the following base account currencies:
What Are FP Markets's Minimum Deposit and Withdrawal Amounts?
The minimum deposit on FP Markets is $100, while the minimum withdrawal amount is $5. These minimums may vary depending on the chosen account type and payment method. For specific details, please contact FP Markets’s support team.
Trading Account Opening
We successfully registered an account with FP Markets, which took only 10 minutes. The minimum deposit amount at FP Markets is only $200.
- Advantages
- Disadvantages
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Fully online
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Quick registration process (around 15 minutes)
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Low minimum deposit of $50
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Verification may require multiple documents
Minimum deposit | $100 |
Is it fully online? | Yes |
Registration time | 15 minutes |
KYC time | 21 working days |
Account currencies |
USD
EUR
GBP
JPY
AUD
CAD
CHF
BTC
PLN
SGD
HKD
|
Funding options | Bank cards, bank transfers, cryptocurrencies, broker-to-broker transfers, Skrill, SticPay, Neteller, FasaPay, Rupee Payments, Rapyd, Perfect Money, Pagsmile, Rapid Transfer, Google Pay, Apple Pay , and other payment systems |
Required documents
Proof of Identity. A colored copy of your travel passport containing your photograph, full name, valid expiry date, and signature. If no valid passport is available, please upload a similar identification document such as a National ID card or Driving license.
The list of required documents may vary depending on your country of residence.
Proof of Address. A recent utility bill (electricity, gas, water, waste disposal, Internet, or a Bank Statement) dated within the last 6 months and confirming your name and the registered address.

Account types
FP Markets provides several account types to suit different trading needs, including Standard and ECN accounts with competitive spreads and fast execution. Muslim traders can opt for a Swap-Free (Islamic) account. The broker also offers Managed accounts for hands-off investing and a Demo account for practice. However, Cent, Micro, and VIP accounts are not available.
Standard
A general trading account suitable for most traders, offering access to a variety of markets with standard spreads and conditions.
|
Yes |
ECN
Provides direct market access with raw spreads and low latency execution. Typically requires a commission per trade instead of a spread markup. Suitable for high-frequency and professional traders.
|
Yes |
Swap Free
Designed for traders who follow Islamic finance principles, eliminating overnight interest (swap) charges.
|
Yes |
Micro
Allows trading with micro-lots (0.01 lot = 1,000 units), reducing capital requirements and risk. Ideal for beginners and strategy testing. Availability and conditions vary by broker.
|
Yes |
Cent
Operates with cent-denominated balances (1 USD = 100 cents), allowing trades with micro-lot sizes (0.01 lot = 1,000 units). Suitable for beginners and low-risk strategies.
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No |
Demo
Enables risk-free trading with virtual funds. Conditions may vary by broker.
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Yes |
VIP
Offers premium services, lower fees, and dedicated support. Requirements vary by broker.
|
No |
Managed
A professional handles trading on behalf of the investor. Risks and fees depend on the provider.
|
Yes |
How to open FP Markets account
Click Open Live on the homepage
Complete the registration steps
Step 1: General Information. Provide your email address or link your User Account to a social media account. Enter your first and last name, account type, country, and phone number.

Step 2: Extended Form. Enter your full residential address. Provide details about your employment status, source of income, and annual income.
Step 3: Account Details. Select your trading platform type, account currency, leverage, etc. Create a password for your account.
You will be prompted to complete verification immediately after registration.
Markets and Products
- Advantages
- Disadvantages
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Indices trading
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Crypto trading
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50 currency pairs
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Only 250 assets for trading
FP Markets supported markets vs top competitors
FP Markets provides access to a diverse selection of markets and products, including over 60 Forex pairs, thousands of global shares, major indices, commodities like gold and oil, and popular cryptocurrencies, all from a single trading account.
FP Markets | FBS | FxPro | |
---|---|---|---|
Currency pairs | 60 | 74 | 70 |
Tradable assets
The total tradable assets listed include all available instruments, including CFDs. Due to regional restrictions, certain CFDs may not be offered in some countries. For example, cryptocurrency CFDs are banned in the UK, and the U.S. has restrictions imposed on CFDs.
|
10000 | 600 | 2100 |
Stocks | Yes | Yes | Yes |
Commodities | Yes | Yes | Yes |
Crypto
Cryptocurrency CFDs are restricted or prohibited in certain regions due to regulatory limitations. These include the United Kingdom, China, Egypt, the United States and Canada.
|
Yes | Yes | Yes |
Bonds | No | No | No |
Indices | Yes | Yes | Yes |
Trading Platforms and Tools
FP Markets supports multiple trading platforms, including MetaTrader 4, MetaTrader 5, TradingView, and the advanced Iress platform. TradingView stands out for its intuitive interface and advanced charting tools, making it ideal for technical analysis, while MT4/MT5 and Iress cater to both beginner and professional traders with fast execution and robust features.
- Advantages
- Disadvantages
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Supports MT4, MT5, and Iress
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Fast execution and advanced charting tools
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TradingView integration
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Mobile and desktop compatibility
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One-click trading
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Iress available only for share trading with high deposit ($1,000)
Alerts | Yes |
2FA | Yes |
EAs | Yes |
Indicators | 120+ |
In addition to the classic MT4, MT5, and the professional Iress platforms, the broker provides access to TradingView. TradingView is an independent analytical portal, a trader community, and a social network built on a unique technological platform. To access it, you need to open an account with FP Markets and link it to TradingView.
Unique Platform Features:
TradingView offers cluster analysis tools and footprint charts, providing in-depth market data visualization.
It includes over 100 different metrics for any trading asset, enabling detailed analysis.
The platform features Pine Script, a simplified programming language for developing custom indicators and scripts.
Additionally, it provides heatmaps and scanners, covering Forex, stocks, cryptocurrency pairs, and individual coins. With 100+ filters, traders can scan the markets efficiently. The platform supports detailed timeframes ranging from 1 second to 1 month.

Moreover, TradingView provides fundamental data for all major stock exchanges worldwide. And this is just a fraction of its capabilities. TradingView is a platform for professional traders working with complex analysis models, emphasizing mathematical and statistical algorithms to refine trading strategies.
Additional trading tools
FP Markets provides a range of extra features designed to improve the trading experience, offering advanced market insights, enhanced automation, and better trade execution.
FP Markets | FBS | FxPro | |
---|---|---|---|
Trading bots (EAs) | Yes | Yes | Yes |
Trading Central
Trading Central is a leading provider of investment research and financial market commentary. Integration with Trading Central offers traders advanced analytics, trading signals, and expert market insights, aiding in more informed decision-making.
|
Yes | No | Yes |
API
An Application Programming Interface (API) allows traders to connect their trading accounts to custom applications, algorithms, or third-party software. This flexibility enables advanced trading strategies and automated trading solutions tailored to individual needs.
|
Yes | Yes | No |
Free VPS
A Virtual Private Server (VPS) provides a dedicated and reliable server environment for running trading platforms and EAs without downtime. Free VPS ensures that trading operations continue uninterrupted, even when the trader's personal device is off.
|
Yes | Yes | No |
Signals (alerts)
Trading signals or alerts are notifications that provide buy or sell recommendations based on market analysis. These signals help traders make timely decisions by highlighting potential trading opportunities.
|
Yes | Yes | Yes |
One-click trading
One-click trading simplifies the trading process by allowing traders to open or close positions with a single click. This feature is particularly useful for scalpers and day traders who need to act quickly in fast-moving markets.
|
Yes | Yes | No |
Strategy (EA) builder
A Strategy or EA builder is a tool that allows traders to create and test their own automated trading strategies without needing to write code. This empowers traders to customize their trading approaches and backtest them for effectiveness.
|
No | Yes | No |
Autochartist
Autochartist is a market scanning tool that identifies trading opportunities by analyzing chart patterns and key levels. It provides traders with real-time alerts and actionable insights, helping to improve trading accuracy and efficiency.
|
Yes | No | No |
TradingView | Yes | Yes | No |
TU Expert Advice: Is FP Markets Worth the Try?
Author at Traders Union
FP Markets offers a diverse range of trading instruments including Forex pairs and CFDs on metals, indices, commodities, stocks, ETFs, bonds, and cryptocurrencies. Its services are accessible via MetaTrader 4, MetaTrader 5, cTrader, and Iress platforms, with Standard, Raw, and Islamic accounts for traders who follow specific financial laws. The broker provides leverage up to 1:500 and integrates ECN and DMA technologies for efficient order execution. Clients benefit from negative balance protection and a wide array of payment methods.
However, FP Markets has high spreads for the Standard account and lacks cent accounts. Furthermore, compensation in the event of broker insolvency is limited to EU-based traders. While these aspects may affect some, the broker's extensive asset offering and robust trading platforms may appeal to experienced traders and those looking for diverse market access. Beginners and investors with specific preferences may need to evaluate their priorities to ensure alignment with FP Markets' offerings.
Video Review of FP Markets
FAQs
The minimum deposit at FP Markets is $50 for both Standard and RAW ECN accounts. This makes the broker accessible to beginners, while still offering institutional-grade trading conditions for professionals. Learn more about FP Markets’ deposit terms and funding options in our full review.
FP Markets is a fully regulated and trustworthy broker, licensed by the Australian Securities and Investments Commission (ASIC) and the Cyprus Securities and Exchange Commission (CySEC). These regulators ensure strong client protection and transparent operations.
Spreads at FP Markets depend on the account type. The RAW ECN account offers spreads from 0.0 pips with a commission, while the Standard account features floating spreads starting from 0.5 pip. Spreads may vary based on market volatility and liquidity.
FP Markets supports various funding methods, including bank transfers, credit/debit cards, and e-wallets such as Neteller, Skrill, and PayPal. Availability may vary by country, and most methods are processed quickly with no additional broker fees.
FP Markets serves clients in many countries worldwide, but restrictions apply in some regions due to local regulations. Services are not available to residents of the United States, Japan, and a few other jurisdictions. Always check FP Markets’ website for the most accurate availability details.
FP Markets offers access to over 60 Forex pairs and more than 10,000 trading instruments across stocks, indices, commodities, and cryptocurrencies via MT4, MT5, and the Iress platform.
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Latest FP Markets News

FP Markets, a global multi-asset broker, has issued an official warning to clients and the general public regarding two fraudulent websites that are
Team that worked on the article
Oleg Tkachenko is an economic analyst and risk manager having more than 14 years of experience in working with systemically important banks, investment companies, and analytical platforms. He has been a Traders Union analyst since 2018. His primary specialties are analysis and prediction of price tendencies in the Forex, stock, commodity, and cryptocurrency markets, as well as the development of trading strategies and individual risk management systems. He also analyzes nonstandard investing markets and studies trading psychology.
Dr. BJ Johnson is a PhD in English Language and an editor with over 15 years of experience. He earned his degree in English Language in the U.S and the UK. In 2020, Dr. Johnson joined the Traders Union team. Since then, he has created over 100 exclusive articles and edited over 300 articles of other authors.
Mirjan Hipolito is a journalist and news editor at Traders Union. She is an expert crypto writer with five years of experience in the financial markets. Her specialties are daily market news, price predictions, and Initial Coin Offerings (ICO).