FP Markets

FP Markets Review
  • Pros
  • Flexible leverage up to 1:500.
  • Trade CFDs on over 10,000 instruments.
  • Trade on MetaTrader 4/5 or the Iress platform.
  • Supports all trading styles and “Expert Advisors”.
  • Over 10 base currencies for your account (including USD).
  • Cons
  • Fees apply for the Iress platform.
  • Awards
  • Best FX Broker Australia 2021 - FxScouts
  • Best Customer Service 2020 - Investment Trends
  • Best Educational Material
About the author

Author pictureStefan started his career in investment banking in 2005, and trades in his own time. He graduated from the London School of Economics and HEC Paris.

Updated on: 20 March, 2023

FP Markets Accounts (2)

FP Markets

Standard Account [MT4/5]
  • Trade over 60 pairs of currencies as well as CFDs on metals, indices and commodities through MT4 or MT5. Get ultra-fast execution speeds under 40 milliseconds, with this ECN account.
  • $ 100 Minimum deposit
  • 1:500 Leverage (EUR/USD)
  • 1.19 Pips (EUR/USD)
  • $ 0 Commission
  • More ▼
  • Open account ▷

FP Markets

Raw Account [MT4/5]
  • Trade over 60 pairs of currencies as well as CFDs on metals, indices and commodities through MT4 or MT5 from 0 pips plus commission. Get ultra-fast execution speeds under 40 milliseconds.
  • $ 100 Minimum deposit
  • 1:500 Leverage (EUR/USD)
  • 0.09 Pips (EUR/USD)
  • $ 3 Commission
  • More ▼
  • Open account ▷
FP Markets Offers (3)

Important: please visit the broker's website for their terms and conditions.

Run your trading bots free of charge directly from FP Markets’ New York datacenter, for as long as you meet the following requirements. First, make a minimum deposit of US$ 1,000 (or equivalent). Second, trade over 10 lots on its Standard Account, or 20 lots on its Raw Account. Finally, contact customer support to request your complimentary VPS.

Visit website ▷

FP Markets will pay a cash bonus into your account when you refer a friend. Please visit FP Markets for more information.

Visit website ▷

FP Markets does not charge fees on deposits and will cover fees charged by your bank, or intermediaries, up to US$ 50, for all international deposits over US$ 10,000.

Visit website ▷

FP Markets Markets

Trade Forex or diversify your investments across stocks and commodities. You can trade both in the spot and the futures markets with FPMarkets.com.

  • Forex: trade 63 currency pairs on low spreads with no requotes, and leverage up to 1:500.
  • Cryptocurrency: trade CFDs on the price of Bitcoin, Ethereum, Ripple and Litecoin against the US Dollar.
  • Equities: trade CFDs on over 10,000 stocks listed in the USA, the UK, Australia, Hong Kong and Singapore through the Iress platform, and 1,000 such stocks through MetaTrader 5.
  • Indices: trade CFDs on a broad selection of US, European and Asian stock indices, including the Dow Jones and the Nasdaq.
  • Metals and commodities: trade CFDs on the price of Gold, Silver and WTI Crude Oil against the US and Australian Dollars.
  • Government bonds: trade CFDs 10-year Treasuries and UK government bonds.
  • Asset classes
  • Forex (CFD)
  • Cryptos (CFD)*
  • Stocks (CFD)
  • Indices (CFD)
  • Metals (CFD)
  • Energy (CFD)
  • Commodities (CFD)
  • Bonds (CFD)

* Availability subject to regulation.

  • Asset classes (#)
  • Forex (CFD)63
  • Cryptos (CFD)*11
  • Stocks (CFD)10000
  • Indices (CFD)14
  • Metals (CFD)6
  • Energy (CFD)4
  • Commodities (CFD)1
  • Bonds (CFD)2
FP Markets Trading platforms

ECN trading environment

FP Markets provides Direct Market Access to thousands of financial instruments over an Electronic Communication Network (ECN). It passes your orders onto liquidity providers over a fibre-optic cable to ensure the fastest possible execution speeds. All market orders flow directly through to the best bid or offer price without any dealer intervention. FP Markets guarantee no re-quotes, no price manipulation and no dealer intervention.

In addition, FP Markets provides access to stock and commodity markets during their pre-open and pre-close phases. Many investors and traders look to pre-market trading activity to assess the strength and direction of the market during the upcoming session.

Trading platforms

MetaTrader 4 and its successor platform, MetaTrader 5, are the world's leading retail Forex trading platforms. Enjoy one-click trading from the charts, and create automated trading strategies through the use of Expert Advisors (EAs). FP Markets supports all EAs, including hedging and scalping bots. Create your own or download others from the MQL5 community.

FP Markets also supports Iress, a web-based trading platform popular in Australia. If you’re primarily interested in equities, you should open an Iress account because it includes 10,000 financial instruments, versus 1,000 for MetaTrader.

Swap-free accounts

Swap-free MetaTrader accounts, also known as Islamic accounts, are also available upon request. An administration fee applies to positions kept open over two or more trading days.

Of note, FP Markets allows you to open more than one account, so you aren't limited to a single platform. Visit FPMarkets.com for more information.

  • Platforms
  • MetaTrader 4
  • MetaTrader 5
  • Copy trading
  • Other platformsIress
  • Operating systems
  • Web trading
  • Android
  • iOS
FP Markets Deposits and withdrawals

Note: the choice of payment methods depends on the company that you open an account with, and your country of residence. Please visit the company's website for a list of all payment methods.

  • Deposits and withdrawals (Fiat)
  • Bank transfer
  • Broker to broker transfer
  • Credit card
  • Debit card
  • ApplePay
  • BPAY *
  • FasaPay
  • GooglePay
  • Ngân Lượng
  • PayPal
  • Paytrust88
  • Perfect Money
  • Skrill *
  • Xpay
  • 2c2p

* Availability subject to regulation.

  • Deposits and withdrawals (Crypto)
  • BTC - Bitcoin
  • BCH - Bitcoin Cash
  • DASH - Dash
  • DOGE - Dogecoin
  • ETH - Ethereum
  • LTC - Litecoin
  • USDC - Circle
  • USDT - Tether
  • XRP - Ripple
  • Account base currencies
  • AUD - Australian Dollar
  • CAD - Canadian Dollar
  • CHF - Swiss Franc
  • EUR - Euro
  • GBP - British Pound
  • HKD - Hong Kong Dollar
  • JPY - Japanese Yen
  • NZD - New Zealand Dollar
  • PLN - Polish Złoty
  • SGD - Singapore Dollar
  • USD - U.S. Dollar
FP Markets Regulators

Founded in 2005 and regulated by ASIC (Australian Securities and Investment Commission), FP Markets has grown to become one of the largest and most reputable players in the industry. The company serves clients across 150 countries from its head office in Sydney, and offices around the world.

Client funds are held with Commerzbank, one of the largest German banks. They are segregated from the company's own monies, and can only be accessed under strict client money provisions.

Can I open an account with FP Markets?

FP Markets does not accept investors from countries where the distribution or use of CFDs (Contracts for Difference) would be contrary to local laws or regulations. This includes the United States, as well as the Canadian provinces of Ontario and British Columbia.

  • Regulated entities
  • AustraliaFirst Prudential Markets Pty Ltd (ASIC No. 286354)
  • Cyprus (EU)First Prudential Markets Ltd (CySEC No. 371/18)
  • South AfricaFP Markets (Pty) Ltd (No. 50926)
  • Saint Vincent and the GrenadinesFP Markets LLC (No. 126 LLC 2019)
FP Markets Alternatives