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FP Markets Review

Try FP Markets

Our rating 4.6/5 Reviewed by Top30ForexBrokers Team Published Updated How we rate

Regulated: ASIC · CySEC · FSCA

Since 2005 · 20+ years

Raw Spreads from 0.0 pips

$3 per side · $6 round turn

From $10 Minimum Deposit

10,000+ instruments

MT4 · MT5 · cTrader · TradingView

Copy trading · 1:30 ASIC/CySEC 1:500 global entity

FP Markets at a Glance — Broker Profile & Stats

Who is FP Markets?

Founded: 2005, Australia
Experience: 20+ years
Type: ECN forex/CFD broker
Instruments: 10,000+
Platforms: MT4, MT5, cTrader, TradingView
Why it matters: A 20-year-old, award-winning ECN broker with one of the widest instrument ranges and excellent client reviews.

Regulation & Safety

ASIC (Australia) — AFSL 286354 · tier-1
CySEC (Cyprus, EU) — tier-1
FSCA (South Africa)
SVG — a company registration, not supervision
FSA — this page does not say which country’s FSA
Segregated client funds
Why it matters: ASIC and CySEC are tier-1, but only the clients those two entities onboard get their protections, and which entity holds your account is set by where you live rather than by which you would prefer. The split shows up in this page’s own leverage figures: ASIC and CySEC retail clients are capped at 1:30, while 1:500 is available only through the global entity, which sits outside tier-1 supervision. St Vincent and the Grenadines does not license or supervise forex and CFD brokers the way ASIC or CySEC do, so an SVG listing is not regulatory protection. We could not confirm which regions map to which entity: fpmarkets.com returns a Cloudflare 403 to our checks (17 September 2026). Confirm your entity in writing before depositing.

What Traders Say on Trustpilot

4.8 / 5
10,000+ reviews · 94% rate it 5★
Praised for low costs & execution
Reliable, fast withdrawals
Strong, responsive support
Why it matters: A 4.8 across 10,000+ reviews with 94% 5-star is exceptional — among the best-reviewed brokers anywhere.

Markets & 10,000+ Instruments

Forex — 70+ pairs
Shares — thousands of stock CFDs
Indices & commodities
Crypto & ETFs
Bonds & futures CFDs

Account Types & Spreads

Standard Account

Spreads from 1.0 pip
No commission
Min deposit from $10
Simple cost model

Raw Account

Spreads from 0.0 pips
Commission $3 per side ($6 round turn)
Min deposit from $10
Best for scalpers
Why it matters: The Raw account’s ~$6 round-turn cost is among the cheapest in the industry — ideal for active traders.

Copy Trading

FP Markets copy trading
Follow proven strategies
Hands-off trading

Execution

ECN execution
No restrictions on scalping/EAs
Fast order fills
Why it matters: No restrictions on scalping or EAs makes FP Markets popular with algo and high-frequency traders.

Top FP Markets Alternatives

IC Markets

Raw from 0.0 · $7 round turn
Regulated: ASIC, CySEC
Deep ECN liquidity
Pick for: deepest liquidity

Pepperstone

Razor from 0.0
Regulated: ASIC, FCA, CySEC, DFSA
cTrader + copy trading
Pick for: tier-1 + low cost

Eightcap

Raw from 0.0
Regulated: ASIC, FCA, CySEC
TradingView dealing
Pick for: TradingView traders

BlackBull

Raw from 0.0 · $6 round turn
Regulated: FMA NZ
26,000+ instruments
Pick for: market breadth

Trading Platforms

MetaTrader 4 & 5

Industry-standard MT4/MT5
EAs & automation
Desktop, web & mobile

cTrader

ECN-grade precision
Depth of market
Advanced order types

TradingView

Fully integrated TradingView
100,000+ indicators
Trade direct from charts

FP Markets App

Proprietary mobile app
Manage accounts & funding
Markets & analysis
Why it matters: Four platform choices — including full TradingView integration — is rare and a real plus.

Fees, Commissions & Leverage

Spreads & Commissions

Raw: from 0.0 pips + $3/side ($6 round turn)
Standard: from 1.0 pip, no commission
EURUSD ~0.1 pips on Raw
No deposit/withdrawal fees
Why it matters: ~$6 round turn beats most rivals — FP Markets is one of the cheapest tier-1 brokers for active traders.

Leverage

Up to 1:500 (global entity)
1:30 for ASIC/CySEC retail
Set by entity & region
Why it matters: International clients get 1:500; ASIC/CySEC clients are capped at 1:30 for protection.

Funding

Min deposit from $10
Cards, bank & e-wallets
Fast, reliable withdrawals
Multiple base currencies

Restricted Countries

Jurisdictions FP Markets Does Not Serve

FP Markets does not accept clients from the United States and certain restricted or sanctioned jurisdictions, which typically include:
USACanadaIranNorth KoreaSyriaSudan
Why it matters: US residents cannot open an account. Confirm your country and entity (ASIC/CySEC vs global) before depositing.

Video Guides & Reviews

Watch Before You Trade with FP Markets

Video thumbnail: FP Markets Review 2025 — Honest Verdict▶FP Markets Review 2025 — Honest VerdictVideo thumbnail: FP Markets — Watch This BEFORE You Sign Up▶FP Markets — Watch This BEFORE You Sign UpVideo thumbnail: FP Markets — Low Fees & Fast Execution▶FP Markets — Low Fees & Fast ExecutionDon’t Start Trading Before You See This▶Don’t Start Trading Before You See This

FP markets review

Pros and Cons of FP Markets

Pros
✓ Tier-1 regulation (ASIC, CySEC)
✓ Raw spreads from 0.0 · $6 round turn
✓ Established since 2005 (20+ years)
✓ 10,000+ instruments
✓ MT4, MT5, cTrader & TradingView
✓ Copy trading available
✓ 4.8/5 on Trustpilot (10,000+ reviews)
✓ Low $10 minimum
Cons
✗ Standard spreads wider (1.0 pip)
✗ High leverage only on global entity
✗ No proprietary desktop platform
✗ No US clients

FP Markets Pricing & Account Plans

FP Markets is built for low-cost trading, with a Raw account that competes with the best ECN brokers.

AccountEURUSD spreadCommissionMin deposit
Standardfrom 1.0None$10Open Account
Raw ★from 0.0$3/side$10Open Account

At ~$6 round turn on EURUSD with a $10 entry, FP Markets is one of the cheapest and most accessible tier-1-regulated ECN brokers available.

FP Markets vs IC Markets vs Pepperstone

How does FP Markets compare with two other top ECN brokers?

FeatureFP MarketsIC MarketsPepperstone
Raw EURUSD0.00.00.0
Commission$6 round turn$7$7
Min deposit$10$200$0
RegulationASIC·CySECASIC·CySEC·FSAASIC·FCA·CySEC·DFSA
Instruments10,000+2,250+1,200+
Trustpilot4.8/54.8/54.6/5

Verdict: FP Markets matches IC Markets on Trustpilot, beats it on round-turn commission and instrument count, and has the lowest entry of the three. It’s a genuinely top-tier ECN broker — an excellent all-round choice.

Why Choose FP Markets as Your Trusted Broker?

★ Check Trustpilot for current rating
Raw from 0.0 · $10 min
Open Account →
FP Markets
ASIC/CySEC ECN broker since 2005
★ 4.8 / 5 · 10,000+ reviews
Raw 0.0 · $6 round turn · $10 min
10,000+ instruments · 4 platforms
Open Account →

FP Markets is a multi-award-winning ECN forex and CFD broker founded in Australia in 2005, with over 20 years of operating history. It’s regulated by ASIC and CySEC (plus FSCA and an unspecified FSA; its SVG listing is a company registration, not supervision) and is consistently rated one of the best brokers for low costs and execution.

What stands out: raw spreads from 0.0 pips with a $3-per-side commission (~$6 round turn — cheaper than most rivals), 10,000+ instruments, four platforms (MT4, MT5, cTrader and full TradingView integration), copy trading, a low $10 minimum, and an outstanding 4.8/5 Trustpilot score across 10,000+ reviews (94% 5-star).

What to weigh: Standard-account spreads (1.0 pip) aren’t as tight as the Raw account, the headline 1:500 leverage applies only to the global entity (ASIC/CySEC clients get 1:30), and there’s no proprietary desktop platform. US clients aren’t accepted.

Bottom line: FP Markets is a genuinely top-tier ECN broker — excellent regulation, among the lowest costs, the widest instrument range and a stellar review record. For active traders, scalpers and algo traders, it’s one of the best all-round choices available.

Frequently Asked Questions

Key questions about FP Markets — regulation, raw-spread pricing, platforms, leverage and instruments.

In part. ASIC (Australia, AFSL 286354) and CySEC (Cyprus, EU) are tier-1 authorities and the FSCA (South Africa) is a genuine regulator, but those protections reach only the clients those entities onboard, and which entity holds your account is decided by your country of residence. SVG is different: St Vincent and the Grenadines does not license or supervise forex and CFD brokers the way ASIC or CySEC do, so an SVG listing is a company registration rather than regulatory protection. This page also names an FSA without saying which country it belongs to. We could not verify the region-to-entity mapping on fpmarkets.com, which returns a Cloudflare 403 to our checks (checked 17 September 2026).
Yes — FP Markets is one of the most trusted ECN brokers, operating since 2005 with segregated funds and an outstanding 4.8/5 Trustpilot score across 10,000+ reviews (94% 5-star).
From $10, making it very accessible for new traders.
The Raw account offers spreads from 0.0 pips (EURUSD ~0.1) with a $3-per-side commission ($6 round turn). The Standard account is commission-free with spreads from 1.0 pip.
MetaTrader 4, MetaTrader 5, cTrader and full TradingView integration, plus a proprietary mobile app and copy trading.
Up to 1:500 for its global entity; ASIC and CySEC retail clients are capped at 1:30.
10,000+ instruments including forex, thousands of share CFDs, indices, commodities, crypto, ETFs, bonds and futures CFDs.
Yes — FP Markets places no restrictions on scalping or expert advisors, making it ideal for algorithmic and high-frequency traders.
No. FP Markets does not accept clients from the United States.
This review cannot give you a processing time, and you should not assume one. FP Markets is well rated for fast, reliable withdrawals via card, bank and e-wallets, with multiple base-currency options, but no processing time is published anywhere on this page, and fpmarkets.com returns a Cloudflare 403 to our checks, so we could not retrieve FP Markets own published times (checked 17 September 2026). Card, bank transfer and e-wallet withdrawals normally clear on different schedules, and a first withdrawal usually requires completed identity verification, so confirm both with FP Markets before you depend on a particular timeframe.

Compare FP Markets with Other Brokers

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Where FP Markets Sits in Our Rankings

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