⚠️ Regulatory Warning
FCA: WARNING ISSUED
FP Markets is providing or promoting financial services without authorization. Consumers are advised to avoid dealing with this firm and to be cautious of potential scams.
View Official WarningDate: 10 November 2024
FP Markets Review 2026
Regulation Status
Regulation status not confirmed
21
Kingstown, Saint Vincent and the Grenadines
ECN
2 types
Overview
FP Markets, established in 2005 and headquartered in Sydney, Australia, is a globally recognized forex broker. It operates under the regulations of the Australian Securities and Investments Commission (ASIC), the Cyprus Securities and Exchange Commission (CySEC), the Financial Sector Conduct Authority (FSCA) in South Africa, the Financial Services Commission (FSC) in Mauritius, the Securities Commission of the Bahamas (SCB), and the Capital Markets Authority (CMA) in Kenya. This extensive regulatory oversight ensures a high level of security and compliance for traders worldwide.
Catering to both retail and institutional clients, FP Markets offers a comprehensive range of trading instruments, including forex, commodities, indices, and cryptocurrencies. The broker is particularly appealing to active traders due to its competitive spreads, starting from 0.0 pips on major forex pairs for Raw Accounts, and its robust trading platforms: MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader, TradingView, WebTrader, Social Trading, and a Mobile Trading App. These platforms are renowned for their advanced charting capabilities, automated trading options, and extensive customization features.
FP Markets' commitment to transparency and low trading costs makes it an attractive option for both novice and experienced traders looking to maximize their profitability. Additionally, the broker provides a wealth of educational resources and trading tools, catering to traders eager to enhance their trading skills and strategies.
Best For
FP Markets is a versatile forex broker that caters to a diverse range of traders. Established in 2005 and regulated by ASIC and CySEC, it ensures a secure trading environment that is particularly favorable for both beginner and advanced traders. For beginners, FP Markets provides a user-friendly trading platform and extensive educational resources, including webinars, tutorials, and market analysis, making it easier to grasp the intricacies of forex trading.
The demo account feature allows new traders to practice their skills without risking real capital. Advanced traders, especially scalpers and day traders, will appreciate FP Markets' low spreads and fast execution speeds, which are crucial for high-frequency trading strategies. The broker also offers a variety of trading instruments, including over 60 currency pairs, CFDs, and commodities, providing ample opportunities for traders to diversify their portfolios.
Moreover, FP Markets caters to high-leverage traders, offering leverage up to 500:1, enabling experienced traders to maximize their potential returns. Overall, FP Markets is well-suited for traders at various skill levels seeking a reliable and efficient trading environment.
Pros & Cons
Advantages
- Regulated by top-tier authorities like ASIC and CySEC, ensuring a degree of safety for clients' funds.
- Offers a wide range of trading instruments including forex, CFDs, and commodities.
- Competitive spreads and low commission fees, making it attractive for active traders.
- User-friendly trading platforms including MetaTrader 4, MetaTrader 5, and web-based options.
- Strong customer support with multiple contact methods, including live chat and phone support.
Disadvantages
FP Markets is a well-established forex broker that has been operational since 2005 and boasts robust regulatory oversight from two prominent authorities: the Australian Securities and Investments Commission (ASIC) and the Cyprus Securities and Exchange Commission (CySEC). Being regulated by ASIC is particularly noteworthy, as it is one of the most stringent regulatory bodies in the world, ensuring that brokers adhere to high standards of financial integrity and transparency. This includes the protection of client funds through segregated accounts, where traders' capital is kept separate from the broker's operational funds, thereby reducing the risk of loss in the event of insolvency.
Additionally, FP Markets’ regulation by CySEC further enhances its credibility within the European market. CySEC imposes strict compliance requirements, obliging brokers to maintain a high level of operational transparency and provide investors with fair treatment. For traders, this dual regulation provides a strong layer of security, fostering a safer trading environment.
Overall, FP Markets' adherence to these regulatory standards underscores its commitment to protecting traders and enhancing their confidence in the trading process.
How They Compare
Regulators
Min Deposit
Spreads From
Platforms
Frequently Asked Questions
Visit their website and click the "Open Account" button. You'll need to provide personal information, proof of identity, and proof of address. The process typically takes 5-15 minutes, with verification within 24 hours.
The minimum deposit for this broker is $100 AUD.
This broker offers MT4, MT5, cTrader, TradingView, WebTrader, Social Trading, Mobile Trading App. Each platform has different features suited for different trading styles.
The regulation status for this broker has not been confirmed. We recommend verifying regulatory information directly with the broker.
Country restrictions are not specified. Please check their website to confirm availability in your location.
Support is available via Live Chat, Email, Phone. They also support .
Data Sources & Provenance
Factual claims on this page are verified against the following primary sources. Each source is checked directly by our editorial team.
FP Markets is regulated by ASIC
Key Facts
Learn to Trade
Master professional trading with accredited courses designed for serious traders.
Score Breakdown
Score breakdown not yet available
Forex Fundamental Analysis
Understand the macro drivers moving currency markets. Data-driven fundamental analysis for forex traders.
Featured Brokers
AI Chart Analyst
Get instant AI-powered chart analysis. Identify patterns, trends and trade setups in seconds.
Trading Plan Generator
Build a professional, personalised trading plan in minutes.
Trading Diagnostic
Identify weaknesses in your trading approach with our free diagnostic tool.
Trading Cost Calculator
Calculate the true cost of trading across brokers before you commit.
Which Broker Quiz
Answer a few questions and find the broker that best suits your trading style.