FP Markets

20 years of ASIC regulation with Raw spreads from 0.0 pips on 10,000+ instruments.

Overview

Founded in Sydney in 2005, FP Markets (First Prudential Markets Pty Ltd) is a multi-asset Forex and CFD broker offering 10,000+ instruments across forex, shares, indices, metals, commodities, crypto, ETFs and bonds. Dual Tier-1 regulation through ASIC (AFSL 286354) and CySEC (371/18), plus FSCA, CMA Kenya and FSA Seychelles licences. Two core accounts: commission-free Standard (from 1.0 pip) and Raw (from 0.0 pips, $6 round-turn commission) with leverage up to 1:500. Platforms include MT4, MT5, cTrader, TradingView and IRESS, backed by 24/7 multilingual support, segregated client funds and negative balance protection for retail clients.

Company profile

Established: 2005
Headquarters: Sydney, Australia
Country: Australia

Official website

https://www.fpmarkets.com/

Regulation and licences

Regulator	Jurisdiction	Licence	Tier
ASIC	Australia	286354	Tier-1
CySEC	Cyprus	371/18	Tier-1
FSCA	South Africa	50926	Tier-2
CMA	Kenya	103	Tier-2
FSA	Seychelles	SD130	Tier-3

Trading accounts

Account	Minimum deposit	Spreads	Commission	Leverage	Features
Standard	100	From 1.0 pip	No commission	Not provided	Not provided
Raw	100	From 0.0 pips	$3 per lot per side ($6 round turn) on Forex & Metals	Not provided	Not provided

Trading costs and leverage

Minimum deposit: 100
Spreads from: 0.0
Commission type: Spread + Commission
Commission details: Standard: commission-free. Raw: $3 per lot per side on Forex & Metals ($6 round turn).
Maximum leverage: 1:500

Spreads by instrument

Instrument	Spread
EUR/USD	From 0.0 pips (Raw) / 1.0 pip (Standard)
GBP/USD	From 0.0 pips (Raw) / 1.0 pip (Standard)
XAU/USD	From 0.0 (Raw)

Leverage by account

Account	Leverage
Standard	Up to 1:500 (1:30 for ASIC retail clients)
Raw	Up to 1:500 (1:30 for ASIC retail clients)

Instrument coverage

Total instruments: 10000
Products: Forex, CFD, Crypto, Stocks, Indices, Commodities, Gold, ETF, Bonds

Platform and account availability

MT4: Yes
MT5: Yes
cTrader: Yes
Mobile app: Yes
Web trading: Yes
Islamic account: No
ECN account: No

Deposit methods

Method	Minimum	Maximum	Processing time
Credit/Debit Card (Visa, Mastercard)	100	Varies	Instant
Bank Wire Transfer	100	No limit	2-5 business days
Skrill	100	Varies	Instant
Neteller	100	Varies	Instant
PayPal	100	Varies	Instant

Withdrawal methods

Method	Minimum	Processing time
Credit/Debit Card	Not provided	1-3 business days
Bank Wire Transfer	Not provided	2-5 business days
Skrill	Not provided	Within 24 hours
Neteller	Not provided	Within 24 hours
PayPal	Not provided	Within 24 hours

Execution and trading policies

Scalping: Yes
Hedging: Yes
Expert Advisors: Yes

Customer support

Channels: Live Chat, Email, Phone
Availability: 24/7
Support languages: English, Arabic, Spanish, Chinese
Service languages: English, Arabic, Spanish, French, German, Italian, Portuguese, Russian, Chinese, Japanese, Korean, Thai, Vietnamese, Indonesian, Malay

Affiliate and IB programmes

Affiliate programme: No
IB programme: No

Ratings and complaints

Overall rating: 4.0
Review count: 0
Complaints: 0
Resolved complaints: 0

Risk notice

Trading forex and CFDs carries a high risk of loss. Terms and availability can vary by legal entity, jurisdiction and account. Verify current conditions with the broker before opening an account.

BullBuzz - Independent forex, crypto and CFD broker reviews, market news, expert advisors, VPS providers and free trading calculators.