FP Markets Review
FP Markets Review by topforexbrokers.com, In this detailed FPMarkets review, we’ll explore FP Markets broker’s features, trading platforms, account types, fees, customer support, and how it stacks up against the competition.
FP Markets Review: What Is FP Markets?
FP Markets (First Prudential Markets) is an Australian-based online broker founded in 2005. It is regulated by top-tier authorities including:
ASIC (Australian Securities and Investments Commission)
CySEC (Cyprus Securities and Exchange Commission)
FSCA (South Africa)
FSA (St. Vincent and the Grenadines, for international clients)
The company specializes in offering Forex, CFD, commodities, indices, shares, and cryptocurrency trading through robust platforms with institutional-grade liquidity.
Key Features of FP Markets
1. Wide Range of Tradable Instruments
FP Markets offers access to over 10,000 financial instruments, including:
Forex: 70+ currency pairs
CFDs on Shares: US, UK, AU, and European stocks
Commodities: Gold, oil, silver, copper
Indices: US30, GER40, AUS200, NASDAQ, S&P 500
Cryptocurrencies: BTC, ETH, XRP, LTC, and more (as CFDs)
This diversity allows traders to diversify portfolios and trade global markets from a single account.
2. MetaTrader 4 & 5 Integration
FP Markets supports MT4 and MT5, the most popular trading platforms in the world. Key benefits:
Advanced charting tools
50+ built-in indicators
One-click trading
EA (Expert Advisor) support for automation
Mobile and desktop compatibility
Traders who prefer the familiar and reliable interface of MetaTrader will feel right at home.
3. IRESS Trading Platform
FP Markets also offers the IRESS platform, a professional-grade platform ideal for share trading and scalping. Features include:
Level II market depth
Advanced order types
Real-time news and analytics
Customizable interface
Direct Market Access (DMA)
IRESS is suited for experienced traders who need high-performance charting and execution.
4. ECN Pricing and Fast Execution
FP Markets is well-known for its ECN (Electronic Communication Network) pricing model, which provides:
Tight spreads (as low as 0.0 pips on EUR/USD)
Deep liquidity from tier-one banks
Fast execution with minimal slippage
This makes FP Markets a top choice for scalpers, day traders, and algorithmic traders.
Account Types
FP Markets offers two main account types under MT4/MT5:
| Account Type | Spread | Commission | Minimum Deposit | Execution Type |
|---|---|---|---|---|
| Standard | From 1.0 pip | $0 | $100 | STP |
| Raw ECN | From 0.0 pips | $3 per lot per side | $100 | ECN |
IRESS Accounts:
Standard IRESS: AUD 1,000 min deposit, commission-based
Platinum IRESS: AUD 25,000 min deposit
Premier IRESS: AUD 50,000+ with lower fees and financing
Deposits & Withdrawals
FP Markets supports multiple payment methods including:
Credit/Debit cards
Bank Wire
Skrill
Neteller
PayPal
Cryptocurrency (BTC, ETH, etc.)
Deposits are typically free, while withdrawal fees vary based on the method and region. Most withdrawals are processed within 1 business day.
Trading Conditions
Leverage: Up to 500:1 (depending on region and regulation)
Minimum lot size: 0.01 (micro lot)
Scalping and hedging allowed: Yes
Stop out level: 50%
Order execution speed: Average 40 ms (millisecond)
FP Markets also offers VPS hosting for algorithmic traders to reduce latency and maximize speed.
Tools and Additional Features
1. Trader Toolbox
A package of advanced trading tools compatible with MT4/MT5, including:
Sentiment indicators
Alarm managers
Stealth orders
Correlation matrix
Trade terminal
2. Autochartist
FP Markets integrates Autochartist, which scans markets for trading opportunities based on technical patterns.
3. VPS Services
FP Markets partners with Beeks FX and NYC Servers to offer VPS hosting. Ideal for:
Expert Advisors
High-frequency trading
Low-latency execution
4. Social & Copy Trading
FP Markets supports social and copy trading via:
Myfxbook AutoTrade
MetaTrader Signals
FP Markets Copy Trading App
Beginners can follow experienced traders while learning the ropes.
Education and Research
FP Markets is strong in education, offering:
Daily market analysis (forex, commodities, indices)
Weekly outlooks
Trading eBooks
Webinars and video tutorials
Forex glossary and strategy guides
This makes it one of the more beginner-friendly brokers despite its institutional-grade tools.
Security and Regulation
FP Markets is regulated by some of the most trusted global authorities:
ASIC (AFSL #286354) – Australia
CySEC (License #371/18) – Europe
FSCA – South Africa
FSA – St. Vincent & the Grenadines
It maintains segregated client accounts, ensuring that trader funds are held separately from company operational funds.
Customer Support
FP Markets offers 24/5 multilingual support via:
Live chat
Email
Phone
Support portal with ticket system
The broker is known for fast and knowledgeable responses, earning high satisfaction ratings from global clients.
Pros of FP Markets
Tier-1 regulation (ASIC, CySEC)
Tight ECN spreads with low commissions
Supports MT4, MT5, and IRESS
Wide range of tradable assets
Excellent educational content
Social and copy trading tools
Supports algorithmic trading
Crypto deposits available
Cons of FP Markets
IRESS platform has a high minimum deposit
No U.S. clients accepted
MetaTrader interface can be overwhelming for total beginners
Withdrawal fees on some methods
Limited proprietary app features compared to some competitors
FP Markets vs Competitors
| Broker | Best For | Minimum Deposit | Spreads | Platforms | Leverage |
|---|---|---|---|---|---|
| FP Markets | ECN & Share Traders | $100 | From 0.0 pips | MT4, MT5, IRESS | Up to 500:1 |
| IC Markets | Scalping/Algo Trading | $200 | From 0.0 pips | MT4, MT5, cTrader | Up to 500:1 |
| Pepperstone | Low-Fee Trading | $0 | From 0.0 pips | MT4, MT5, cTrader | Up to 400:1 |
| eToro | Social Trading | $50 | From 1.0 pip | Proprietary platform | Up to 30:1 |
| IG Markets | Advanced Charting | $250 | From 0.6 pip | Proprietary, MT4 | Up to 200:1 |
Who Should Use FP Markets?
Ideal For:
Day traders and scalpers needing fast execution
Beginners looking for solid education and tools
Forex traders who value ECN pricing
Traders seeking a broker with strong regulation
Algorithmic and copy traders using MT4/MT5
Not Ideal For:
U.S. traders (not accepted)
Investors looking for stock ownership (only CFDs)
Those preferring a proprietary, mobile-first experience
FPMarkets Review – FAQ
Is FP Markets regulated?
Yes. FP Markets is a regulated broker, holding licenses from:
ASIC (Australia)
CySEC (Cyprus)
It also operates under an offshore entity in St. Vincent and the Grenadines to serve international clients.
What account types are available?
FP Markets offers a few account options:
Standard Account – No commission, spreads from 1.0 pip
Raw Account – Tight spreads (from 0.0 pips), $6 commission per lot
Islamic Account – Swap-free for traders following Sharia law
Demo Account – Practice with virtual funds
What trading platforms does FP Markets support?
You can trade on:
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
Iress (ideal for advanced share trading)
How much do I need to open an account?
The minimum deposit is just $100 AUD (or equivalent), making it accessible to most traders.
What are the spreads and fees like?
Standard Account: Spreads start at 1.0 pip, no commission
Raw Account: Spreads from 0.0 pips, with a $3 per side commission ($6 round trip)
Does FP Markets offer copy trading or automation?
Yes. You can:
Use MT4/MT5 Expert Advisors (EAs)
Access Myfxbook AutoTrade
Try FP Markets’ own Social Trading app
What payment methods are available?
You can deposit and withdraw via:
Credit/Debit Cards
Bank transfers
E-wallets like Skrill and Neteller
PayPal (region-dependent)
Cryptocurrency (via third-party processors)
Is FP Markets beginner-friendly?
Yes. It’s suitable for new traders thanks to:
Easy-to-use platforms
A demo account
Free educational resources like webinars and trading guides
However, advanced tools like Iress may be better suited to experienced users.
How is FP Markets’ customer support?
Customer service is available 24/5 through:
Live chat
Email
Phone
Support is offered in multiple languages and generally receives positive feedback.
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- FP Markets vs XM: Which Broker Offers Lower Spreads and Leverage?
- FP Markets vs Plus500: Comparing CFD Trading Options
- FP Markets vs Forex.com: A Comprehensive Comparison for Traders
- FP Markets vs Pepperstone: Which Broker Has Better Trading Conditions?
- FP Markets vs CMC Markets: Which Is Better for Active Traders?
- FP Markets vs FXTM: Comparing Platforms and Account Types
- How to Open an FP Markets Account: A Step-by-Step Guide
- FP Markets Account Types Explained: Standard, Pro, and Demo Accounts
- FP Markets Minimum Deposit Requirements in 2025
- How to Fund Your FP Markets Account: Payment Methods and Fees
- FP Markets Withdrawal Process: Timeframes, Fees, and Methods
- FP Markets Fees and Spreads Breakdown: What You Need to Know
- FP Markets Inactivity Fees: How to Avoid Unwanted Charges
- FP Markets Leverage and Margin Requirements Explained
- How to Deposit Funds via PayPal, Skrill, and Bank Transfers on FP Markets
- FP Markets Currency Conversion Fees: How Much Will You Pay?
- FP Markets Trading Platforms: MetaTrader 4, MetaTrader 5, and IRESS
- How to Use MetaTrader 4 (MT4) with FP Markets: A Full Setup Guide
- How to Set Up MetaTrader 5 (MT5) for Trading on FP Markets
- FP Markets WebTrader: A Simple Solution for Trading Online
- FP Markets Mobile App: A Guide to Trading on Your Phone
- How to Use FP Markets One-Click Trading
- FP Markets VPS Hosting: Why You Need It for Low-Latency Trading
- How to Use FP Markets Autochartist for Technical Analysis
- FP Markets Trading Signals: How to Get Free Trading Alerts
- How to Place Orders and Manage Risk on FP Markets Platforms
- What Can You Trade on FP Markets? Full List of Available Assets
- FP Markets Forex Trading: Supported Currency Pairs and Spreads
- Trading CFDs on FP Markets: Stocks, Commodities, and Indices
- FP Markets Cryptocurrency Trading: Which Coins Are Available?
- How to Trade Commodities (Gold, Silver, Oil) on FP Markets
- FP Markets Indices Trading: How to Trade Major Global Stock Indices
- FP Markets Futures Trading: What You Need to Know
- FP Markets Stock Trading: A Guide to Trading Equities
- Trading ETFs on FP Markets: How to Invest in ETFs
- FP Markets Bonds and Fixed Income: Available Products and Trading Conditions
- Is FP Markets Safe and Regulated? A Look at Their Global Licenses
- FP Markets Client Fund Protection: How Safe Are Your Funds?
- FP Markets Negative Balance Protection Explained
- FP Markets Data Security and Encryption Features
- FP Markets Customer Support Review: Contacting and Resolving Issues
- How to File a Complaint with FP Markets: Process and Tips
- FP Markets Legal Documents: Terms of Service, Privacy Policy & More
- FP Markets Compliance with Global Trading Regulations
- How to Close or Delete Your FP Markets Account
- FP Markets Availability by Country: Can You Trade in Your Country?
FPMarkets Review Conclusion
FP Markets has established itself as a top-tier global broker by combining institutional-grade trading conditions with user-friendly features. Its low spreads, advanced platforms, social trading tools, and strong regulatory backingmake it a versatile choice for both beginner and experienced traders.
Though it lacks a proprietary mobile app and doesn’t serve U.S. clients, FP Markets remains a highly recommended broker for anyone serious about forex and CFD trading.
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