FP Markets

About FP Markets

FP Markets is a globally respected online Forex and CFD broker known for its institutional-grade trading conditions, deep liquidity, and consistently low spreads. Established in 2005 and headquartered in Australia, FP Markets has earned a solid reputation for offering reliable, transparent, and efficient trading services to a global clientele.

Specializing in ECN pricing and fast execution, FP Markets provides access to a broad range of instruments including Forex, shares, commodities, indices, and cryptocurrencies. Traders can choose between the popular platforms, backed by powerful tools and competitive conditions.

With a strong commitment to regulatory compliance, FP Markets is authorized by reputable bodies and offers multiple account types, tailored educational resources, and multilingual customer support, making it suitable for both novice and advanced traders.

Whether you’re focused on short-term strategies or long-term investing, FP Markets delivers a professional and well-rounded trading environment built on speed, value, and trust.

Safety and Regulations

FP Markets is a multi-regulated broker, operating under the supervision of reputable financial authorities. These regulatory bodies enforce strict compliance with financial laws, enhancing trust and security for traders globally.

FP Markets is regulated by:

• Australian Securities and Investments Commission (ASIC)
• Cyprus Securities and Exchange Commission (CySEC)
• Financial Sector Conduct Authority (FSCA) in South Africa
• Financial Services Authority (FSA) in Seychelles

Security

FP Markets implements robust security measures to protect client funds and data. One of the key safeguards is the use of segregated client accounts, which ensures that client funds are kept separate from the broker’s operational capital. These funds are held with top-tier banks and cannot be accessed by the company for business expenses or in the case of insolvency.

Clients trading under CySEC (European Union) regulation benefit from negative balance protection, which prevents losses from exceeding account balances during high market volatility. However, international clients outside of the EU may not be covered by this protection, so it is essential to check which FP Markets entity your account is registered under.

In addition, EU-based clients are covered under a compensation scheme of up to €20,000 in the event that FP Markets is unable to fulfill its financial obligations. This compensation does not apply to international clients, who should take note of the differing levels of protection depending on jurisdiction.

Transparency

FP Markets maintains operational transparency by clearly outlining its risk policies, trading conditions, and regulatory coverage. The broker provides full disclosure of the risks associated with leveraged trading and the protection mechanisms in place for different client segments.

Although the level of protection varies based on the regulatory authority governing your account, FP Markets demonstrates a strong commitment to financial transparency and responsible client management. Traders are advised to confirm which entity they are registered under to understand the specific safety measures available to them.

Tradable Instruments

FP Markets offers access to a wide range of over 10,000 trading instruments, catering to traders looking for broad market exposure and diversified trading opportunities. With competitive trading conditions and global market access, the broker supports both short-term speculation and long-term portfolio strategies.

Tradable Assets and Markets at FP Markets

Forex

FP Markets provides trading on 61 currency pairs, covering all major and minor pairs as well as a selection of exotic pairs, such as EUR/ZAR and USD/TRY. While some brokers offer a larger selection, FP Markets delivers more than enough variety for most forex traders. With leverage up to 1:500 for international clients and tight spreads, forex trading is supported through industry-standard platforms like MetaTrader 4 and MetaTrader 5.

Cryptocurrencies

FP Markets offers CFD trading on five major cryptocurrencies: Bitcoin, Ethereum, Ripple, Bitcoin Cash, and Litecoin. These assets can be traded against the US Dollar or Australian Dollar, providing flexibility and opportunities in volatile digital markets. By trading crypto CFDs, clients can speculate on price movements without directly owning the underlying coins, allowing for efficient, leveraged exposure to crypto assets.

Commodities

FP Markets supports a diverse set of global commodity CFDs, including energy products like crude oil, natural gas, gasoline, and heating oil, as well as soft commodities such as wheat, corn, soybeans, rice, and coffee. With leverage up to 1:500 for non-EU traders (1:30 for EU retail clients), deep liquidity, and fast execution, the platform provides solid conditions for those looking to trade commodity markets.

Precious Metals

Traders can access spot market pricing for gold and silver, quoted against the US Dollar or Australian Dollar. With fast execution, tight spreads, and leverage up to 1:500 depending on account type and region, FP Markets offers a reliable environment for metals trading. These instruments are useful for hedging or capitalizing on market sentiment during times of volatility or inflation.

Indices

FP Markets offers CFDs on major global indices, including the NASDAQ 100, S&P 500, Dow Jones 30, FTSE 100, DAX 30, JP225, and HK50. The broker also supports trading on futures-based indices and regional markets such as the AUS200. With low margin requirements, fast execution, and AU$1 per point pricing on select indices, the platform appeals to traders seeking macro-level exposure.

Stocks

FP Markets stands out with its extensive offering of over 10,000 stock CFDs. Covering shares listed on exchanges across Australia, the US (NYSE & NASDAQ), the UK, Hong Kong, Singapore, and continental Europe, traders can engage with global markets across multiple sectors. These include leading firms in technology, healthcare, finance, and more. The stock CFD offering allows for both long and short positions and can be traded via the MetaTrader 5 or IRESS platform.

Account Types

FP Markets provides a selection of trading accounts tailored to suit different levels of trading experience and styles. The broker offers both MetaTrader and IRESS-based accounts, each with unique features and pricing models designed for various trader profiles.

FP Markets Live Accounts

Standard Account

The Standard Account is ideal for new and intermediate traders seeking a straightforward and commission-free trading experience. It offers spreads from 1.0 pip with no additional commission on trades. This account type is available on both MetaTrader 4 and MetaTrader 5 platforms. With a minimum deposit requirement of $100, it provides accessible entry to global markets and suits traders who prefer a less complex fee structure while still benefiting from fast execution speeds and deep liquidity.

Raw Account

The Raw Account is designed for experienced traders who require tight spreads and institutional-grade pricing. This account features raw spreads starting from 0.0 pips and charges a commission of $3 per side per lot traded. It is particularly suitable for scalpers, day traders, and high-frequency traders who rely on low-latency execution and precise pricing. The Raw Account is also available on MetaTrader 4 and MetaTrader 5, with a minimum deposit of $100.

Iress Account

The IRESS Account caters to active share CFD traders and investors seeking Direct Market Access (DMA) to global equity markets. FP Markets offers two versions of the IRESS account: Retail and Wholesale. The Retail IRESS account requires a minimum deposit of $1,000 and charges a minimum brokerage of $6 or 0.06% per trade, with overnight financing set at the base rate plus 3%. The Wholesale IRESS account offers more competitive conditions, including a lower brokerage rate of 0.05% with no minimum, and financing costs at the base rate plus 2%. The IRESS platform gives traders access to over 10,000 shares across exchanges such as the ASX, NASDAQ, NYSE, and LSE, with volume-based incentives and negotiable conditions for high-volume traders.

Demo Account

FP Markets provides demo accounts across all its trading platforms, including MetaTrader 4, MetaTrader 5, and IRESS. These accounts are equipped with virtual funds, allowing traders to test strategies, explore platform features, and experience real market conditions without risking capital. Demo accounts remain active as long as they are used at least once every 30 days.

Islamic Accounts

To accommodate clients who follow Sharia law, FP Markets offers Islamic swap-free accounts. These accounts are available on both the Standard and Raw MetaTrader accounts. Instead of overnight interest charges (swaps), Islamic accounts apply a fixed administration fee per lot per night. The fee structure varies by instrument. Islamic accounts are not supported on the IRESS platform. To open a swap-free account, clients must first register for a MetaTrader account and then submit a request to the FP Markets support team for account conversion.

Supported Platforms

FP Markets provides its clients with a comprehensive suite of trading platforms designed to suit all levels of experience and trading styles. Whether youre new to the markets or a professional trader, the broker ensures a seamless trading experience across desktop, browser, and mobile environments.

The trading platforms supported by FP Markets:

• MetaTrader 4 (MT4)
• MetaTrader 5 (MT5)
• cTrader
• Web Platform
• Mobile Platform
• IRESS
• TradingView

Overview of FP Markets’ Trading Platforms

MetaTrader 4

MetaTrader 4 (MT4) is a highly popular platform among Forex traders, known for its simplicity and powerful features. FP Markets offers it as a free download for Windows, macOS, and mobile devices. MT4 is especially well-suited for those focused primarily on the currency markets. It comes equipped with essential tools such as automated trading through Expert Advisors, customizable charts, various technical indicators, and the MarketWatch feature for real-time price monitoring. Single-click trading, price alerts, and live-streaming quotes further enhance the user experience. The platform’s intuitive interface is secure, with 128-bit encryption, and is also compatible with iOS and Android, allowing traders to manage their accounts from anywhere.

MetaTrader 5

MetaTrader 5 (MT5) is the enhanced successor to MT4, developed by MetaQuotes, and it broadens the scope of available trading instruments. In addition to Forex, MT5 supports commodities, indices, futures, equities, bonds, and options trading. While some users may initially find its interface slightly more complex, those familiar with MT4 will likely adapt quickly. MT5 includes features such as six types of pending orders, hedging capabilities, and the Depth of Market display. It also introduces a multi-threaded strategy tester, 21 timeframes, 38 indicators, and 44 graphical tools. Users benefit from an integrated email system that allows file attachments and can transfer funds between accounts. As an all-in-one trading platform, MT5 is available in desktop, mobile, and browser-based versions.

WebTrader

For those who prefer not to install software, FP Markets provides access to WebTrader, a browser-based version of both MT4 and MT5. This platform allows users to trade directly from any modern browser without compromising functionality. WebTrader supports one-click trading, real-time quotes, the Depth of Market view, and a wide selection of technical analysis tools, including indicators and graphical objects. It also features a multilingual interface and offers full compatibility with desktop and mobile browsers, enabling smooth and secure trading from any location.

Iress Trading Platform Suite

FP Markets also caters to professional traders through its Iress trading suite, which includes Iress Trader, Iress ViewPoint, and Iress Investor. These platforms are available in both downloadable and web-based formats. Iress is known for delivering Direct Market Access and offers tools like transparent pricing, market heat maps, real-time news streams, and highly customizable workspaces. Traders can access prices for over 10,000 financial instruments, including domestic and international futures, share CFDs, commodities, indices, and Forex. The platforms support a full range of trading features such as 59 technical indicators, more than 50 drawing tools, and the ability to manage multiple portfolios. Iress is compatible with Windows and Mac devices and can be accessed from any modern browser.

Mobile Trading Platforms

To support trading on the go, FP Markets offers mobile versions of MetaTrader 4, MetaTrader 5, and the Iress suite. All are available as apps for Android and iOS devices. These mobile platforms replicate the core functionalities of their desktop counterparts, including real-time quotes, order execution, and technical analysis. Designed with a mobile-friendly interface, the apps ensure that traders can manage their portfolios efficiently from virtually anywhere. Alternatively, traders can also access their accounts through WebTrader without downloading any app.

Trading Features

Commission and Fees

FP Markets maintains a highly transparent and cost-efficient fee structure, making it an appealing option for both novice and seasoned traders who prioritize clarity and affordability. The broker provides detailed and easily accessible information on spreads, commissions, and swap rates, allowing clients to understand and manage their trading costs with confidence.

Trading Fees

FP Markets provides a competitive pricing model tailored to suit a range of trading styles. The broker offers two main account types with distinct fee structures. The Standard account features no commission charges, with spreads starting at 1.1 pips on major forex pairs like EUR/USD. This setup suits casual and beginner traders who prefer a spread-only model.

For more cost-conscious and high-volume traders, the Raw (ECN) account offers spreads from 0.0 pips, paired with a $3 commission per lot per side. This makes it a strong choice for scalpers, algorithmic traders, and active day traders seeking reduced overall costs.

Overnight financing charges (swap rates) apply to leveraged positions held past the trading day’s close. These vary by instrument and market conditions. Traders can monitor real-time swap rates through FP Markets trading platforms.

Non-Trading Fees

FP Markets keeps most non-trading fees to a minimum, reinforcing its reputation as a cost-effective broker. Most methods have no deposit fees, however, international bank wire deposits in non-AUD currencies may incur a AU$ 12.50 fee.

For traders using the Iress Trader or ViewPoint platform, a monthly platform fee of AU$ 55 applies, though it’s refunded upon completing three trades per month. Additional data fees, such as AU$ 11 for international market access, may apply, but these too are refundable with qualifying trading activity.

Notably, FP Markets does not charge any inactivity fees, making it suitable for traders who may step away from the platform for extended periods without incurring penalties.

Deposits and Withdrawals

Deposit

FP Markets offers a wide range of deposit options, making it easy for traders to fund their accounts with flexibility and convenience. The minimum deposit required to open a Standard or Raw trading account is $100 or the equivalent in another currency. For traders using the IRESS platform to trade shares, the minimum deposit is significantly higher at $1,000.

The availability of these methods may vary depending on the trader’s country of residence. Most deposit methods are processed instantly or within a few minutes. However, bank wire transfers and some alternative methods may take up to five business days to clear.

While many funding methods are free, certain options may incur fees. For instance, depositing any currency other than AUD via international bank wire will incur a fee of AU$12.5. Deposits are credited in the base currency selected during account setup, with multiple currency options supported, including AUD, USD, EUR, GBP, and others.

Withdrawals

FP Markets also makes the withdrawal process straightforward and efficient. Traders can withdraw funds using the same range of payment methods offered for deposits. According to anti-money laundering (AML) regulations, withdrawals must be made using the same method and up to the same amount as the initial deposit. Once the deposited amount has been returned, profits may be withdrawn via an alternative method.

The broker processes most withdrawal requests within one business day. However, the time required for funds to reach a trader’s account depends on the payment provider. E-wallets are typically the fastest, often completing the transfer within 24 hours. Credit/debit card withdrawals usually take two to five business days, and international bank transfers can take between one to five business days.

While many withdrawals are free, some incur fees. For example, FP Markets charges $10 for international bank wire transfers, $25 for broker-to-broker transfers, 2% for Neteller, 1% for Skrill, 0.5% for FasaPay, 1.5% for PayTrust, and 2% for PayPal. These fees may vary depending on the country and payment provider.

FP Markets does not impose strict withdrawal limits, but minimum withdrawal amounts can range from $5 to $50, depending on the method. The broker may request additional documentation or identity verification before processing a withdrawal, especially when large sums or new methods are involved.

Deposit and Withdrawal Methods

Credit Card, Debit Card, Skrill, Neteller, Wire Transfer, Apple Pay, Google Wallet, Neteller, Skrill, FasaPay, Perfect Money, SticPay, LetKnowPay, Finrax, Coinspaid, Rupee Payments, Virtual Pay, Pagsmile, Rapid Transfer, XPAY.