FP Markets Review 2025

Highlights of FP Markets

Spread fromEURUSD0pips

Trading Assets

Forex Precious Metals Energy Carriers Soft Commodities Indices Stocks ETF Bonds Cryptocurrency

Trading Platforms

MetaTrader 4 MetaTrader 5 cTrader TradingView

4.7/5

More DetailsRegisterTrading CFDs carries high risks. You may lose all invested funds

About FP Markets

Founded in 2005

Countries of registration:

Regulators:

ASICCySECFSCASVGFSASFSA

4.7/5

More Details

RegisterTrading CFDs carries high risks. You may lose all invested funds

Countries of registration:

Regulators:

ASICCySECFSCASVGFSASFSA

Trading Assets

Forex Precious Metals Energy Carriers Soft Commodities Indices Stocks ETF Bonds Cryptocurrency

Trading Platforms

MetaTrader 4MetaTrader 5cTraderTradingView

compare FP Markets trading accounts

FP Markets is one of the few brokers that has managed to combine conservative reliability with the flexibility of modern fintech solutions. The Australian ASIC license, European CySEC, and South African FSCA set a high baseline of fund security, and its history since 2005 confirms its ability to weather turbulent market cycles. With a minimum deposit of 100 AUD, clients gain access to ECN execution with speeds from 0.02 seconds and spreads starting at zero on RAW accounts.

The range of trading platforms meets almost every requirement: classic MT4 and MT5, cTrader tailored for advanced scalpers, the TradingView module for those accustomed to social trading ideas and proprietary charts, as well as the full Iress ViewPoint terminal, which provides direct DMA access to thousands of stocks worldwide.

In addition to self-directed trading, the broker offers an infrastructure for passive strategies: connections to Myfxbook AutoTrade and Signal Start, as well as its own MAM/PAMM solutions for fund managers. Deposit fees are waived, with FP Markets absorbing these costs while offering more than a dozen deposit and withdrawal methods, including popular cryptocurrencies. 24/7 multilingual support complements a platform where ECN execution speed is combined with an all-in-one service for active traders and investors.

Pros and Cons of FP Markets

FP Markets Reviews

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FP Markets Broker Overview

FP Markets (full legal name – First Prudential Markets Pty Ltd) was founded in 2005 in Sydney by entrepreneur Matthew Murphy and has since been regulated by the Australian Securities and Investments Commission (ASIC, AFSL 286354). Later, a European division under a CySEC license and a South African entity under an FSCA license joined the Australian company, transforming FP Markets into an international brokerage group.

Today, the broker specializes in online trading of Contracts for Difference (CFDs) and the Forex market, providing both retail and professional traders with ECN access to over 700 instruments: currency pairs, stocks, indices, commodities, metals, ETFs, and cryptocurrencies. Trading is conducted via MT4/MT5, cTrader, the TradingView module, and the Iress ViewPoint terminal, while client funds are held in segregated accounts in AA-rated Australian banks.

FP Markets Review Summary

Below you can see FP Markets' overall scores across ten key service quality criteria. Each metric is calculated strictly according to our proven broker evaluation methodology, taking into account both objective metrics (spreads, execution speed, licenses) and secret shopper results.

The scores provide a quick reference but do not reveal all the nuances—continue reading the review to explore detailed arguments and real test cases.

Legal Entity	Regulator
First Prudential Markets Pty Ltd First Prudential Markets Pty Ltd	ASIC ASIC
First Prudential Markets Ltd First Prudential Markets Ltd	CySEC CySEC
FP Markets (PTY) Ltd FP Markets (PTY) Ltd	FSCA FSCA
FP Markets LLC FP Markets LLC	SVGFSA SVGFSA
First Prudential Markets Limited First Prudential Markets Limited	SFSA SFSA

FP Markets builds its reputation on a solid regulatory foundation: the Australian founding company, First Prudential Markets Pty Ltd, operates under an ASIC license, the European division First Prudential Markets Ltd holds a CySEC license, and FP Markets (Pty) Ltd is registered with the South African FSCA. For clients outside of the EU and Australia, the broker utilizes First Prudential Markets Limited, authorized by the Seychelles FSA, allowing for increased leverage. Traders' funds are held in AA-rated Australian bank segregated accounts, while retail clients benefit from negative balance protection and access to a European compensation fund up to €20,000.

This reliability is reinforced by regular independent audits of order execution and financial reporting, as well as nearly two decades of operation without major regulatory issues. As a result, FP Markets confidently combines strict Tier-1/Tier-2 regulatory oversight with practical safeguards for fund preservation, making it one of the most transparent and resilient players in the CFD and Forex markets.

Onboarding at FP Markets is completely online: the application takes about 5 minutes, and account verification typically occurs within one working day. The client area interface is available in many languages, and documents can be uploaded directly from your browser or smartphone, meaning that the registration-to-deposit process usually takes less than a day—a performance above the industry average.

Account Registration

To open a live account with FP Markets, click the “Open Live” button on the website and complete the short application. You will need:

• e-mail address,
• first and last name as in your passport,
• country of residence,
• phone number,
• preferred interface language,
• account type (Individual, Joint, or Corporate).

Next, the system will ask you to confirm that you are not a U.S. tax resident, and to select your account's base currency along with your preferred trading platform.

The final step is to agree to the declarations and submit the application; a demo account can be opened in your personal cabinet without restrictions.

Verification

To complete KYC, upload two documents:

1. Proof of Identity — a passport or national ID card with a photo.
2. Proof of Address — a bank statement or a utility bill issued no more than three months ago.

Photos or scans are accepted in JPEG/PNG/PDF format, and verification usually takes from an hour up to one working day.

Once approved, the account becomes fully functional, and deposits and trading are opened without additional restrictions.

Minimum Deposit

For Standard and RAW accounts, the minimum initial deposit is 100 AUD (or the equivalent in USD/EUR). On the Iress platform, the threshold is higher—1,000 AUD. The broker does not charge deposit fees; funds are credited instantly for cards and e-wallets, while bank transfers take up to five working days.

FP Markets offers virtually everything that different categories of traders might need: Standard and RAW accounts with a minimum deposit of 100 AUD for beginners and scalpers, a swap-free (Islamic) version, Iress accounts for direct access to over 10,000 stocks, as well as demo, PAMM/MAM, copy trading services, and VPS. This range covers manual, algorithmic, and investment trading, with only a minor drawback – a higher entry threshold for Iress (1,000 AUD) and the absence of a micro account with deposits as low as 10 USD. Otherwise, the variety is excellent – the accounts adapt to nearly every trading style and level of experience.

Trading Accounts

FP Markets offers two basic lines – Standard and RAW.

• The Standard account is designed for those who do not wish to pay a commission: spreads start from 1 pip, the minimum deposit is 100 AUD, and execution is via an ECN model.
• The RAW account starts with zero spread and charges a fixed fee of $3 per side (≈ $6 per round lot) on Forex; with the same minimum deposit of 100 AUD, it is attractive to scalpers and algorithmic traders.

Iress

FP Markets' Iress accounts are intended for those who want to trade stocks and ETFs directly on the exchange (DMA) via the Iress ViewPoint/Trader browser platform. The range is divided into three tiers:

1. Standard (deposit from 1,000 AUD)
2. Platinum (from 25,000 AUD)
3. Premier (from 50,000 AUD)

Commission is calculated as a percentage of turnover and decreases as your status increases: approximately 0.10% for Standard, 0.09–0.08% for Platinum, and around 0.06% for Premier; the minimum brokerage fee per trade in Australia is 10 AUD.

A platform fee of 55–70 AUD is charged, but it is automatically waived if you generate at least 150 AUD in commissions or hold a Premier account. All three account types support margin trading (leverage up to 1:5 on ASX stocks, up to 1:20 on CFDs) and provide Level II Market Depth, streaming quotes from over 130 global exchanges, telephone execution without extra charges, and access to a comprehensive package of Morningstar reports. For testing purposes, the broker allows opening a free Iress demo to evaluate both the interface and commission structure without risk.

Demo Account

FP Markets allows an unlimited number of demo accounts on MT4/MT5, cTrader, TradingView, and Iress. When creating one, you choose the platform, account type (Standard or RAW), and base currency, after which the system instantly credits 100,000 units of that currency. The demo account is not time-limited and does not require verification, allowing you to refine your strategies indefinitely without any risk.

Islamic Account

FP Markets converts any Standard or RAW account to a Swap-Free format, completely eliminating swap charges; instead, a fixed commission is applied after a position is held for three days, with the fee amount depending on the instrument, while other trading conditions – spread, minimum deposit, execution speed – remain unchanged.

How to Open:

1. Create a standard MT4 or MT5 account (Standard or RAW).
2. Send your account number to onboardingteam@fpmarkets.com with a request to convert it to an Islamic account.
3. Wait for confirmation from the FP Markets team (typically within one business day) — after which the account will be converted to Swap-Free and ready for trading without overnight fees.

VPS

FP Markets offers Forex VPS in partnership with Liquidity Connect; the servers are housed in the Equinix NY4 data center (New York), ensuring ultra-low latency in order execution. The service becomes free if the monthly turnover exceeds 5 Forex/Metals lots on a Standard account or 10 lots on a RAW account (MT4/MT5); for cTrader the threshold is higher — 20 and 40 lots respectively. New clients are sponsored with VPS when making a one-time deposit of at least 1,000 USD and continue to benefit from preferential access once the specified volumes are met. Connection requests can be made through live chat or via email at supportteam@fpmarkets.com; if the turnover is lower, a paid plan (~30 AUD/month) is applied. The VPS operates 24/5, supports any Expert Advisors, and guarantees uninterrupted trading even if your computer is turned off.

Copy Trading

For passive investors, integrations with Myfxbook AutoTrade and Signal Start are available. You select strategies from the ranking, and trades are automatically mirrored on your account; the broker does not charge additional commission, with the reward structure determined by the signal provider’s model.

MAM/PAMM

FP Markets offers a comprehensive MAM/PAMM solution for fund managers: up to 128 sub-accounts, distribution of lots by percentage or fixed shares, and instantaneous order execution on the master account's side. Connection is arranged through the institutional solutions department; the minimum balance for a manager is 1,000 AUD, and fees are charged only on profits according to an agreed 'Performance Fee' model.

FP Markets offers a competitive pricing model: free deposits, no inactivity fees, and market spreads.

Trading Commission

For the Standard account, there is no separate commission; costs are fully incorporated into the spread.

For the RAW account, a fixed fee of 3 USD per side (6 USD per round lot) is charged. This is exactly in line with the industry average among ECN brokers.

Spreads and Swaps

For the Standard account, the average spread on EURUSD hovers around 1.2 pips, which is consistent with the market average. Swaps are applied at 23:59 platform time, with a triple swap applied on Wednesdays.

Inactivity Fee

There is no inactivity fee; if an account is dormant for 30 days and the balance is zero, it is archived without any charge.

Deposit and Withdrawal Fees

• Deposits — 0% for cards, e-wallets, and cryptocurrencies; the broker covers payment system fees.
• Withdrawals — most methods are free; an international bank transfer costs 12.5 AUD (or equivalent) according to intermediary bank tariffs.
• Currency conversion when depositing/withdrawing — a fixed surcharge of 0.5–1% based on the payment provider’s rate.

FP Markets offers a wide range of deposit and withdrawal methods, with the speed and fee transparency making the platform convenient for both active and retail clients.

Deposit Methods

Payment System	Currencies	Deposit Fee	Operation Limit
Neteller	AUDCADCHF. . .show all	0%	—
Skrill	AUDCADEUR. . .show all	0%	—
SticPay	JPYEURGBP. . .show all	0%	—
FasaPay	USDIDR	0%	—
	KESUGXTZS	0%	—
Perfect Money	USD	0%	—
	BRLCLPCOP. . .show all	0%	—
Dragonpay	PHP	0%	—
Swift	AUDUSDEUR. . .show all	0%	—
Rapid Transfer	EURDKKSEK. . .show all	0%	—
Visa	AUDCADCHF. . .show all	0%	—
Mastercard	AUDCADCHF. . .show all	0%	—
	MYRIDRVND	0%	—
	BRLMXNCOP. . .show all	0%	—

Cryptocurrency	Blockchain	Deposit Fee	Operation Limit
ADA (Cardano)	ADA	0%	—
BCH (Bitcoin Cash)	BCH	0%	—
BTC (Bitcoin)	BTC	0%	—
DASH (Dash)	DASH	0%	—
ETH (Ethereum)	ERC20	0%	—
LTC (Litecoin)	LTC	0%	—
XRP (Ripple)	XRP	0%	—
TUSD (TrueUSD)	ERC20	0%	—
USDC (USD Coin)	ERC20	0%	—
USDT (Tether)	ERC20	0%	—
USDT (Tether)	TRC20	0%	—
ZEC (Zcash)	ZEC	0%	—

FP Markets supports over ten deposit methods in 10 major currencies (AUD, USD, EUR, etc.).

• Via Visa/Mastercard, Neteller, Skrill, FasaPay, fast bank transfers, and cryptocurrencies (BTC, ETH, USDT, etc.), funds are credited instantly;
• international SWIFT transfers are processed within 1-5 business days.

The broker covers 100% of the payment system fees, so all deposit methods operate at a 0% fee — the client receives exactly the amount transferred.

Withdrawal Methods

Payment System	Currencies	Withdrawal Fee	Operation Limit
Neteller	AUDCADCHF. . .show all	1% limitscommission limits	from 1 to 45000 USD
Skrill	AUDCADCHF. . .show all	1% limitscommission limits	—
FasaPay	USDIDR	0.5% limitscommission limits	—
Dragonpay	PHP	1.5% limitscommission limits	—
Perfect Money	USD	0.5%	—
	KESUGXTZS	2%	—
	BRLCLPCOP. . .show all	3%	—
Swift	AUDUSDEUR. . .show all	0% limitscommission limits	—
Rapid Transfer	EURDKKSEK. . .show all	1%	—
Visa	CADCHFEUR. . .show all	0% limitscommission limits	—
Mastercard	CADCHFEUR. . .show all	0% limitscommission limits	—
	MYRIDRVND	1.5%	—

Cryptocurrency	Blockchain	Withdrawal Fee	Operation Limit
BTC (Bitcoin)	BTC	0%	—
BCH (Bitcoin Cash)	BCH	0%	—
LTC (Litecoin)	LTC	0%	—
ETH (Ethereum)	ERC20	0%	—
USDT (Tether)	ERC20	0%	—
USDT (Tether)	TRC20	0%	—
XRP (Ripple)	XRP	0%	—
USDC (USD Coin)	ERC20	0%	—

Withdrawal requests are processed by the internal back office within one business day, after which funds are disbursed using the same method that was used for the deposit.

• Cards and e-wallets (Neteller, Skrill, FasaPay) are credited on the same day;
• cryptocurrency withdrawals are processed after network confirmations and are subject only to blockchain fees;
• domestic bank transfers within Australia are free, while international SWIFT transfers cost 12.5 AUD / 10 USD — the only fixed fee from the broker; additional charges may be applied by intermediary banks. For currency conversion, the provider adds a surcharge of approximately 0.5–1%.

FP Markets provides access to more than 700 CFD instruments: from over 80 currency pairs to global stocks via the Iress terminal. This is one of the broadest selections among retail brokers, enabling the construction of a diversified portfolio across the Forex, equity, and commodity markets.

Which Markets Are Available?

FP Markets offers the following categories of trading instruments:

All instruments are traded as CFDs, allowing for both long and short positions.

Leverage

Such leverage offers flexibility to active and algorithmic traders, while European and Australian clients remain within regulatory limits.

FP Markets offers a rare set of five fully functional platforms: MT4 and MT5 for classic and algorithmic Forex, cTrader designed for scalpers, the popular browser-based TradingView, and the professional Iress DMA for direct equity trading. This selection meets almost every trading style, and features such as ultra-fast execution on the NY4 server, an integrated VPS connector, and support for EAs/API make the platforms exceptionally robust.

MetaTrader 4

FP Markets' classic MT4 comes with an ECN connection to the NY4 server, with an average execution speed of around 20 ms. It features over 30 built-in indicators, an MQL4 marketplace for Expert Advisors, and broker-provided templates. The platform is available on Windows/macOS, works in the WebTrader browser, and in mobile apps for iOS/Android. Hedging is allowed, the minimum lot is 0.01, and the RAW account with zero spreads makes MT4 particularly attractive for scalpers.

MetaTrader 5

MT5 expands the functionality with 21 timeframes, 38 indicators, an integrated economic calendar, and a Depth of Market feature. FP Markets also supports equity CFDs and commodity futures directly within the terminal. Desktop, web, and mobile versions are available; with the integrated VPS installer, Expert Advisors can be connected to the server seamlessly.

cTrader

cTrader is aimed at advanced traders, offering Level II market depth, server-side stop orders, and an integrated cAlgo for C# robots. FP Markets utilizes direct routing to a liquidity pool, ensuring that the average spread on EURUSD is between 0.0 and 0.1 pips. A desktop client and mobile applications are available; however, a web version is not currently offered by the broker.

TradingView

The TradingView integration allows you to enter positions directly from its popular browser-based chart: select FP Markets as your broker, log in, and trade on an MT5 account with the full set of TradingView indicators, alerts, and community ideas. Order execution is handled via the same NY4 ECN connection, ensuring minimal latency – an excellent option for those who perform analysis in TradingView and prefer not to switch between platforms.

Iress

Iress ViewPoint/Trader is a professional terminal offering direct DMA access to over 10,000 stocks and ETFs on more than 15 exchanges. The platform provides Level II Market Depth, streaming quotes, algorithmic trading via API, and integrated screeners. Commission depends on the chosen tier (Standard, Platinum, Premier) and trading volume; the platform fee is only applied if the monthly equity commission does not reach 150 AUD. Iress is ideal for those seeking comprehensive equity trading alongside a traditional Forex suite.

FP Markets combines a rich set of third-party services – Trading Central for trade ideas, Autochartist for pattern recognition, and an extended economic calendar – with its own tools such as Traders Toolbox, TradeMedic, and an online calculator, addressing technical, behavioral, and risk management aspects of analysis. Daily content on the Traders Hub blog and video summaries provide a fundamental backdrop, while signals are delivered via email, push notifications, and Telegram almost in real time. The only limitation is that access to some software (such as Autochartist and VPS) is tied to deposit size or trading volume, though even the basic package for MT4/5 offers considerably more analytics than the market average.

Traders Toolbox

FP Markets offers a suite called Traders Toolbox – twelve extensions for MT4/MT5, including Trade Terminal and Mini Terminal for advanced order management, Sentiment Trader, Correlation Matrix, Alarm Manager, Stealth Orders, and more. These modules are installed as a single package, operate directly within the terminal, and provide access to account statistics, risk management scripts, and streaming news.

TradeMedic

TradeMedic is an AI-driven service that provides a personal “trader health report.” The plugin analyzes your MT4/MT5 trading history, identifies behavioral patterns (such as overtrading, premature exits, or revenge trading), and generates a report complete with suggestions and a 'Severity' scale. The tool is accessible through the client portal and produces a PDF report in just a couple of clicks.

Forex Calculator

FP Markets' online calculator instantly computes pip values, margin, swap, profit/loss, and converts quotes into your account currency. It supports all popular pairs, metals, and CFDs; the results can be directly copied into your trading journal.

Trading Central

Clients receive free access to Trading Central via the client portal: automatic support/resistance levels, signals for currencies, stocks, indices, and a corporate events filter. The integration covers both technical and fundamental criteria, with ready-made ideas sent via email and a Telegram bot.

Economic Calendar

The proprietary calendar aggregates data from 35 countries and ranks events by impact (Low/Medium/High). The 'Filter' tab allows you to select only the currencies or indices of interest, and the time is automatically converted to the user’s time zone.

Technical and Fundamental Analyses

The Traders Hub blog publishes daily reviews of the Forex, commodity, and cryptocurrency markets, analyzing key levels and macro data. The analyst team complements the articles with video editions and PDF reports, and the 'Trading Knowledge' section features guides on assessing both macro and micro factors, helping beginners master fundamental approaches.

Autochartist

The Autochartist plugin is installed on MT4/MT5 and is available for free to all clients with a deposit of at least 500 AUD (or with a monthly turnover of ≥ 0.1 lot). The service scans the market 24/5, recognizing chart patterns, Fibonacci levels, and key support/resistance levels, and then sends push, email, or Telegram alerts when a signal is detected. Additionally, an integrated 'Volatility Analysis' module shows the typical fluctuation range for each instrument at various times of the day, along with a risk calculator that automatically adjusts position size based on a specified percentage of capital.

The FP Markets educational library is impressive in both scale and accessibility: online courses, webinars, podcasts, YouTube playlists, and eBooks are available in multiple languages, covering topics that extend far beyond 'just for beginners.' There is ample material to help you progress from a novice to a confident trader.

Online Courses

FP Markets has compiled a basic 'Forex 101' course within the Traders Hub Academy: 11 lesson articles and tests covering terminology, margin principles, risk management, and trading psychology. The material is available for free after registration, written in simple language, and is ideally suited for beginners.

Webinars

The academy conducts 2–3 free webinars per week. Topics range from 'Price Action for Beginners' to live reviews of FOMC decisions. Recordings are uploaded to the client portal, so you can watch them at your convenience.

Podcasts

For those who prefer an audio format, the FP Markets Podcast is available on Spotify and Google Podcasts, where company analysts discuss macro topics, currency correlations, and trading psychology. Episodes are released every 10–14 days and typically last around 20 minutes.

Video Tutorials

The broker's YouTube channel features over 150 videos organized into playlists such as 'MT4/5 Basics', 'Technical Indicators', and 'How to Read the COT Report'. The videos include subtitles and provide step-by-step visual guides with charts and examples.

eBooks

In the 'eBooks' section, you can download five free PDFs: 'Avoid CFD Mistakes Guide', '3 Essential Strategies', 'Spot Opportunities in Volatile Markets', 'Technical Analysis', and 'Fundamental Trading'. Each book spans 15-30 pages of practical advice complete with illustrations, checklists, and review questions at the end of chapters.

FP Markets provides a full range of support channels — 24/7 live chat, telephone lines, and e-mail. Support in the chat typically responds within 20 seconds, while emails are answered in approximately 2 hours. Clients appreciate the knowledgeable operators and the effective resolution of issues on the first attempt.

How to Contact Support?

FP Markets offers three main channels:

• Online chat on the website and in the client portal — the fastest way, with an average response time of 15-20 seconds.
• E-mail supportteam@fpmarkets.com — for detailed inquiries and document submissions; the average response time is approximately 2 hours.
• Phone: +44 28 2544 7780.

Support Operating Hours

The support service operates 24 hours a day, 7 days a week, including holidays. The compliance department (handling verification and withdrawals) processes requests from 09:00 to 18:00 GMT+2 on business days, though urgent tickets are accepted around the clock.

Customer Support Reviews

On Trustpilot and Forex Peace Army, clients rate FP Markets' support at 4.7–4.8 out of 5, praising the speedy chat, knowledgeable specialists, and effective first-attempt resolutions. A few minor complaints include occasional delays during market downturns and the need to resend files in e-mail exchanges when queries are transferred between departments. Overall, the customer support is considered one of the broker's strong points, especially for new traders.

FP Markets Alternatives

Looking for FP Markets alternatives? Compare key features of FP Markets against its competitors.

Broker	AvaTrade	Plus500	FP Markets	MTrading	Exness
Rating	4.7/5	4.3/5	4.7/5	3.1/5	4.3/5
Minimum deposit	100 USD 100 EUR	100 USD	100 USD 100 EUR 100 AUD	10 USD	10 USD
Spread	from 0.6 points	from 0.6 points	from 0 points	from 0 points	from 0 points
Trading platforms	MetaTrader 4 MetaTrader 5 WebTrader AvaTradeGO	WebTrader	MetaTrader 4 MetaTrader 5 cTrader TradingView	MetaTrader 4	MetaTrader 4 MetaTrader 5
Reviews	AvaTrade review	Plus500 review		MTrading review	Exness review
Broker comparison	FP Markets vs AvaTrade	FP Markets vs Plus500		FP Markets vs MTrading	FP Markets vs Exness

If you want to compare FP Markets with other forex brokers in more detail, go to the Forex Brokers Comparison page.

Conclusion

FP Markets successfully combines a strict licensing framework, a fast ECN order book with zero spreads, a rich selection of platforms — ranging from classic MT4/5 to TradingView and Iress DMA — and a developed analytics, education, and 24/7 support infrastructure. This combination makes the broker attractive for active scalpers and algorithmic traders who value speed and moderate commission per lot, as well as for investors preferring copy trading, PAMM/MAM, or DMA stocks via Iress. Beginners will benefit from a low entry of 100 AUD, online courses, and no inactivity fees.

FAQ

Is FP Markets legit?

Yes. FP Markets is regulated by ASIC, CySEC and FSCA, holds client funds on segregated AA-rated bank accounts and has operated since 2005 without major regulatory issues.

Which country is FP Markets from?

The broker was founded in Sydney, Australia, and its parent company First Prudential Markets Pty Ltd is still headquartered there.

Is FP Markets an ECN broker?

Yes. The RAW account connects to a pool of top-tier liquidity providers; orders are filled via ECN with typical spreads from 0.0 pip.

How does FP Markets make money?

Through the commission on RAW accounts (USD 6 per round-turn lot), spreads on Standard accounts, swap/overnight charges and a fixed fee on international bank withdrawals.

Is FP Markets good for beginners?

Yes. Minimum deposit is low (100 AUD), there is multi-language education, 24/7 chat support and a commission-free Standard account with fixed costs inside the spread.

Does FP Markets offer a demo account?

Yes. Unlimited MT4, MT5, cTrader and Iress demo accounts with a default virtual balance of 100 000 units and no expiry.

How can I open an account with FP Markets?

Click Open Live on the website, fill in personal details, choose platform and base currency, upload ID and proof-of-address, then fund the account once KYC is approved.

How can I delete my FP Markets account?

Close all positions, withdraw remaining funds, then email supportteam@fpmarkets.com requesting account closure. Support will confirm once the profile is removed.

What is the minimum deposit for FP Markets?

100 AUD (or equivalent) for Standard and RAW; 1 000 AUD for Iress DMA equity accounts.

What is the maximum leverage on FP Markets?

Up to 1:500 for global (FSA Seychelles) clients; retail traders under ASIC or CySEC are capped at 1:30 by regulation.

How do I deposit funds in an FP Markets account?

Log in to the Client Portal → Deposit. Choose Visa/Mastercard, Skrill, Neteller, local bank transfer, crypto (BTC, ETH, USDT) or SWIFT. FP Markets charges 0 % on all deposits.

How do I withdraw money from FP Markets?

In the Client Portal click Withdraw, pick the same method used for funding, enter the amount and confirm. E-wallets and cards are processed same day; international SWIFT costs 12.5 AUD and takes 2–5 business days.

Does FP Markets provide VPS?

Yes. A NY4-based VPS via Liquidity Connect is free for ≥ 5 lots/month (Standard) or ≥ 10 lots (RAW) in FX/Metals, or after a one-time 1 000 USD deposit; otherwise ≈ 30 AUD/month.

Is FP Markets suitable for scalping?

Definitely. RAW spreads from 0.0 pip, 6 USD/lot commission and execution latency ~20 ms on NY4 are ideal for scalpers.

Is FP Markets suitable for auto-trading?

Yes. MT4/MT5 allow Expert Advisors; cTrader supports cAlgo (C#); VPS hosting and FIX API access are available for automated strategies.

Is FP Markets suitable for hedging?

Yes. Hedging is fully allowed on all MT4/MT5 and cTrader accounts without additional margin penalties.

Is FP Markets suitable for spread betting?

No. FP Markets does not offer spread-betting accounts; it provides CFD trading instead.