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FP Markets

🇦🇺 Australia • Est. 2005

★★★★ 4.4 / 10
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FP Markets is an Australian-based forex and CFD broker founded in 2005. The broker offers ECN pricing with raw spreads from 0.0 pips, making it a competitive choice for active traders.

FP Markets provides the MetaTrader suite (MT4, MT5) as well as IRESS, a professional-grade platform popular among advanced traders. The broker offers over 10,000 tradable instruments across forex, indices, commodities, shares, and crypto CFDs.

While FP Markets is regulated by ASIC and CySEC, its offshore SVG registration limits its Tier-1 regulatory standing. The broker compensates with competitive pricing, multiple account types, and strong customer support.

Ratings Breakdown

Account Conditions
4.5/10
Trading Settings
4.5/10
Tools & Resources
4.3/10
Trust
4.2/10
Customer Service
4.4/10
User Experience
4.3/10

Pros

  • ECN pricing from 0.0 pips
  • IRESS platform for advanced traders
  • Multiple account types
  • Free VPS hosting
  • Competitive commission rates

Cons

  • Limited Tier-1 regulation
  • No US clients
  • Platform could be more modern

Key Details

RegulationASIC, CySEC, SVG
Minimum Deposit$100
PlatformsMT4, MT5, IRESS, WebTrader
LeverageUp to 1:500
AssetsForex, Indices, Commodities, Shares, Crypto CFDs, ETFs
SpreadsFrom 0.0 pips

Funding

Deposit MethodsCredit/Debit Cards, Bank Wire, PayPal, Skrill, Neteller
Withdrawal MethodsCredit/Debit Cards, Bank Wire, PayPal, Skrill, Neteller

Support

24/7 Multilingual Support

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