Name: FP Markets
Rating: 5

FP Markets Overview

FP Markets is a multi-asset forex and CFD broker founded in 2005 and headquartered in Sydney, Australia. It operates through a group of regulated entities, with oversight from ASIC in Australia, CySEC in Cyprus, the FSCA in South Africa and the FSA in the Seychelles, alongside a global entity registered in Saint Lucia. The broker provides access to more than 10,000 instruments across seven asset classes through MetaTrader 4, MetaTrader 5, cTrader, TradingView and, for Australian clients, the IRESS platform. Its pricing is built around commission-free Standard accounts and raw-spread Raw accounts.

Profile

Year Founded
2005

Min Deposit
$100

Execution Type
Hybrid

Headquarters
Sydney, Australia

Max Leverage
1:500

Asset Classes
Forex, Stocks, Indices, Commodities, Crypto, ETFs, Bonds

Regulation

CySEC ASIC FSCA FSA

Trading Platforms

MT4 MT5 cTrader

Payment Methods
Bank Transfer, Credit/Debit Card, Skrill, Neteller, PayPal, Crypto

Account Types

Standard ECN / Raw Islamic

Publicly Listed
No

Spreads From
0.0 pips (Raw)

About FP Markets

By David Hobart · Updated Jul 29, 2026 · 8 min read

Overview

FP Markets has operated since 2005, building its position around competitive pricing and a broad platform line-up rather than a single proprietary system. The business is privately held and trades as the FP Markets Group of Companies, with its head office in Sydney and a network of regulated entities serving different regions.
The regulatory structure is layered by jurisdiction. Australian clients are served by First Prudential Markets Pty Ltd under ASIC, European clients through the CySEC-regulated entity, and South African clients under the FSCA, while the FSA in the Seychelles and a Saint Lucia registered entity support the wider international business. This structure determines the leverage, product range and protections available to a given client. Retail leverage is capped at 30:1 under ASIC and CySEC, while higher leverage of up to 500:1 is available to clients of certain other entities and to approved professional clients.
The proposition is oriented toward active traders who value choice of platform and tight pricing. The Raw account, with spreads from 0.0 pips and a fixed commission, sits alongside a simpler commission-free Standard account, and support for Expert Advisors, cTrader cBots and TradingView scripts suits those running automated strategies. UK residents should note that FP Markets does not hold FCA authorisation.

Trading Experience

FP Markets is built around third-party platforms rather than an in-house terminal, a choice that gives experienced traders familiar tools and a degree of flexibility. Clients can select MetaTrader 4, MetaTrader 5, cTrader or TradingView, each available across desktop, web and mobile, with an in-house WebTrader and a branded mobile application also provided. For professional share and direct-market-access trading, the Australian entity offers the IRESS suite, a more specialised terminal carrying its own data and platform fees.
This breadth is one of the more distinctive aspects of the offering. A trader can run Expert Advisors in MetaTrader, automated cBots in cTrader and Pine scripts in TradingView within a single broker relationship, supported by tools such as Autochartist, Trading Central and a virtual private server facility for uninterrupted automated trading.
Asset coverage is wide, with the group reporting more than 10,000 instruments across forex, shares, indices, metals, commodities, bonds, ETFs and digital currencies, though exact availability depends on the regulating entity. Most products are offered as CFDs, with direct-market-access share trading reserved for the IRESS platform. Account opening is straightforward, and a free demo account is available across the main platforms for those who wish to test conditions first.