FP Markets

Forex and CFD Broker· Founded 2005 .Sydney, Australia

Reviewed 2026-09-05

9.0
Overall score
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TraderZone Verdict

FP Markets is one of the strongest choices for traders who prioritize low Forex trading costs, MetaTrader functionality and access to multiple professional trading platforms. It combines multi-jurisdictional regulation with a Raw ECN account, support for MT4, MT5, cTrader and TradingView, and a separate Iress ecosystem offering access to more than 10,000 symbols.

Strengths

  • Strong multi-entity regulation across ASIC, CySEC and other regulators

  • Very competitive Raw ECN pricing

  • Support for MT4, MT5, cTrader and TradingView

  • 10,000+ symbols available through Iress

  • Excellent for scalping and EA/algorithmic trading

Limitations

  • Iress accounts can be expensive for low-volume traders
  • Proprietary mobile app lacks advanced charting and research tools
  • Research and education are less extensive than leading brokers
  • High leverage is restricted under stricter retail regulatory regimes

Platforms & Technology

FP Markets offers one of the broader platform selections among Forex-focused brokers, spanning MetaTrader 4, MetaTrader 5, cTrader and TradingView, plus the separate Iress ecosystem for share-focused traders. MetaTrader users also benefit from Trader Toolbox, Autochartist and FX Blue integrations.

Platforms

  • MT4
  • MT5
  • CTrader
  • TradingView
  • Iress

Availability

  • Desktop Windows
  • Desktop Mac
  • Web
  • Android
  • Ios

Features

  • Expert Advisors
  • Automated trading
  • Copy trading
  • Autochartist
  • TradeMedic AI trade analytics

Category Scores

Regulation Safety9.1/10
Trading Costs9.4/10
Platforms Technology9.3/10
Asset Coverage9.2/10
Trading Conditions9.1/10
Tools Resources8.4/10
Customer Support8.8/10
User Experience8.7/10
Account Opening8.9/10

Broker Overview

FP Markets is a well-established global CFD and Forex broker founded in 2005, known for competitive pricing, strong MetaTrader and cTrader support, and a broad multi-asset offering. Its Raw ECN account provides particularly competitive spreads, while the separate Iress suite expands access to more than 10,000 tradeable symbols for share-focused clients.

Markets

ForexGoldIndicesCommoditiesShare CFDsCryptocurrency CFDs

Available Regions

AustraliaEuropeUnited KingdomAsia-PacificMiddle EastAfricaLatin America

Regulation & Safety

FP Markets has a strong multi-entity regulatory profile, with top-tier regulation in Australia through ASIC and standard-tier regulation in Cyprus through CySEC and South Africa through FSCA, alongside several offshore entities. Client protections, leverage and account availability depend on the specific entity serving the trader.

Australian Securities and Investments Commission (ASIC)Cyprus Securities and Exchange Commission (CySEC)Financial Sector Conduct Authority (FSCA)Seychelles Financial Services Authority (FSA)Financial Services Commission Mauritius (FSC)Financial Services Authority St. Vincent and the Grenadines (FSA SVG)

Trading Costs

Trading costs are one of FP Markets' strongest characteristics. The Raw ECN account offers spreads from 0.0 pips plus a per-lot commission, while the Standard account is commission-free with wider spreads. The separate Iress share-trading ecosystem carries higher minimum balances and platform costs.

Minimum Deposit: $50

Commission Model: Standard account is commission-free with spreads from around 1.0 pip; Raw ECN account offers spreads from 0.0 pips plus a commission of around $3 per lot per side

Overnight Fee: Swap charges apply to positions held overnight; swap-free Islamic accounts are available in eligible jurisdictions

Inactivity Fee: None

Asset Coverage

FP Markets offers broad market access, with more than 10,000 tradeable symbols available through the Iress suite and a smaller but still broad selection of Forex, metals, indices, commodities, share CFDs and cryptocurrency CFDs through MetaTrader and cTrader.

10,000+ tradeable symbols (via Iress); broad Forex, indices, commodities and CFD coverage via MetaTrader/cTrader

  • Forex
  • Commodities
  • Indices
  • Stocks
  • Etfs
  • Cryptocurrencies
  • Bonds
  • Options
  • Futures

Trading Conditions

FP Markets provides flexible conditions for active traders through Standard and Raw ECN accounts, with the Raw structure particularly suited to scalpers and algorithmic traders. Leverage varies by jurisdiction and is lower under stricter retail regulatory frameworks such as ASIC.

ScalpersDay tradersAlgorithmic tradersActive tradersCopy traders

Tools & Resources

FP Markets has a solid collection of trading tools, including Autochartist, Trading Central, client sentiment, TradeMedic AI trade analytics, Myfxbook and FX Blue integrations. Research and education have improved through the FP Markets Academy but remain less comprehensive than the strongest research-led brokers.

AutochartistTrading CentralClient sentiment toolsTradeMedic AI trade analyticsEconomic calendar

Customer Support

FP Markets provides established customer support infrastructure across its regional operations with an emphasis on multilingual service, though exact channels and availability can vary by country and entity.

Live chatEmailPhone

Account Opening

  1. 1Online registration
  2. 2Account type selection
  3. 3Identity verification
  4. 4Document submission
  5. 5Funding

User Experience

FP Markets delivers a strong user experience for traders already comfortable with professional third-party platforms, offering flexibility across MT4, MT5, cTrader and TradingView, though its proprietary mobile app is functional but relatively basic.

Demo Account
Mobile Trading

Trader Compatibility

Forex Trader9.5/10
Gold Trader9.4/10
Scalper9.5/10
Ea Algorithmic Trader9.5/10
Beginner Trader7.8/10
Crypto Trader8.0/10
Multi Asset Cfd Trader9.0/10

Best For

Forex tradersGold tradersScalpersAlgorithmic tradersMetaTrader and cTrader users

Not Recommended For

Complete beginners who need a highly guided learning experienceTraders seeking the deepest proprietary research ecosystemLow-volume share traders who may find Iress fees uneconomic

Final Review

FP Markets is one of the strongest all-round choices for active Forex and CFD traders who value competitive pricing, professional platforms and execution flexibility. It is particularly well suited to Forex, Gold, scalping, EA and algorithmic traders, though beginners needing extensive guided education may prefer a more education-focused broker.

Rating9.0/10