Loading live market data…
FXMARE editorial rating, not user reviews.
A well-regulated, Sydney-founded multi-asset broker with some of the lowest raw ECN spreads in the industry and a 10,000+ instrument lineup across MT4, MT5, cTrader, and Iress.
Spreads, minimum deposit and leverage are indicative and vary by account type and jurisdiction — confirm current terms on the broker’s site.
A well-regulated, Sydney-founded multi-asset broker with some of the lowest raw ECN spreads in the industry and a 10,000+ instrument lineup across MT4, MT5, cTrader, and Iress.
FP Markets is regulated by ASIC (Australia), CySEC (Cyprus), FSCA (South Africa), FSA (Seychelles), FSC (Mauritius). Independently verifiable licences include ASIC AFS Licence No. 286354 — First Prudential Markets Pty Ltd (Australia); CySEC Licence No. 371/18 — First Prudential Markets Ltd (Cyprus). It ranks among the most trusted, tier-1-regulated brokers in this comparison.
EUR/USD spreads start around 0.1 pips on the raw/ECN account (about 1.2 pips on the standard, commission-free account), with $6 (Raw ECN — $3 per side) commission. The minimum deposit is $100 USD (IRESS accounts: AUD 1,000) and maximum retail leverage is 1:30 (ASIC/CySEC retail), 1:500 (offshore entities). Swap-free (Islamic) trading is offered conditionally — Available on MT4/MT5 only (not cTrader); requires manual email request to convert account. No swap charge for first 5 nights; thereafter an administration fee is applied nightly (e.g. ~$6/lot/night on EUR/USD, ~$50/lot/night on gold). Not available to Australian or EU (CySEC) clients..
Platforms include MT4, MT5, cTrader, TradingView, Iress. FP Markets provides 10,000+ CFDs (70+ forex pairs, 10,000+ share CFDs via Iress, 70+ commodities, 15+ indices, 12 cryptocurrencies, ETFs, bonds) across Forex, Stocks, Indices, Commodities, Crypto, ETFs, Bonds, funded via Bank Wire Transfer, Visa / Mastercard, Skrill, Neteller, PayPal (select regions), BPay (Australia).
FP Markets is a genuinely competitive choice for cost-conscious traders, particularly on the Raw ECN account where the all-in EUR/USD cost sits around 0.7 pips — among the tightest available. Its dual Tier-1 licensing under ASIC and CySEC provides a solid regulatory foundation, and the platform breadth (MT4, MT5, cTrader, TradingView, and Iress) is exceptional for a single broker. The main caveats are that the Standard account is unremarkable on cost, and the Islamic swap-free offering is restricted by entity and carries nightly admin fees after a 5-night grace period, so it is only a partial Islamic solution.
Headquarters: Sydney, Australia · Funding: Bank Wire Transfer, Visa / Mastercard, Skrill, Neteller, PayPal (select regions), BPay (Australia), PayID (Australia), Cryptocurrency (USDT, BTC, ETH — offshore entities)
Licence numbers link to each regulator’s public register so you can verify them yourself. Last checked 2026-06-25.
FP Markets is authorised by ASIC (Australia), CySEC (Cyprus), FSCA (South Africa), FSA (Seychelles), FSC (Mauritius). Brokers regulated in tier-1 jurisdictions are generally required to hold client money separately from company funds and may offer protections such as negative-balance protection or an investor-compensation scheme — the exact safeguards depend on the entity you sign up with. As with all trading, your capital is at risk. Confirm which entity, licence and protections apply to your country on the regulator’s register before funding an account.
Available on desktop, web and mobile. Tradable across Forex, Stocks, Indices, Commodities, Crypto, ETFs, Bonds. Track every position you take with FP Markets in the FXMARE trading journal.
FP Markets is a genuinely competitive choice for cost-conscious traders, particularly on the Raw ECN account where the all-in EUR/USD cost sits around 0.7 pips — among the tightest available. Its dual Tier-1 licensing under ASIC and CySEC provides a solid regulatory foundation, and the platform breadth (MT4, MT5, cTrader, TradingView, and Iress) is exceptional for a single broker. The main caveats are that the Standard account is unremarkable on cost, and the Islamic swap-free offering is restricted by entity and carries nightly admin fees after a 5-night grace period, so it is only a partial Islamic solution.
No reviews yet — be the first trader to review FP Markets.
No complaints filed against FP Markets. If you’ve had an unresolved issue, you can file one above.
FXMARE may earn a commission if you open an account through links on this page, including any placement marked Sponsored. This does not affect our independent rating of FP Markets. Trading forex and CFDs carries a high level of risk and most retail accounts lose money. This review is information, not financial advice — verify all terms with the broker directly.
