FP Markets Review 2026

How safe is FP Markets?

Safety comes first when you choose a broker, and FP Markets treats it that way. The group answers with oversight from regulators in several jurisdictions and a name it has built since opening in Sydney in 2005.

1. Regulation

A global account sits with First Prudential Markets Limited, company 8426368-1 in the Seychelles, authorised by the FSA under licence SD130, and FP Markets’ sites for Brazil, Vietnam, Nigeria, and Thailand name it as operator. The table that follows sets out the other companies in the group, so you can see which one serves each market.

Some of the abbreviations on this page are expanded to the regulator's full name: a broker regulated by ASIC is regulated by the Australian Securities and Investments Commission. AFSL is an Australian Financial Services Licence.

Every client of this company is classed as a Retail Client under the agreement. Your money is kept in segregated accounts at financial institutions in or beyond the Seychelles, with records that keep each client’s balance distinct from FP Markets’ own funds, checked on a regular basis, and none of it goes into the broker’s business. Should an institution holding client money pool it into an omnibus account and then collapse, FP Markets may be left with a claim that is unsecured, and it accepts no liability for such a failure. You trade with the company as principal, the agreement runs under Seychelles law and its courts, and a complaint goes to FP Markets first, with the Financial Commission available for any that stay unresolved. No government scheme backs the account, a gap I would weigh before funding one.

First Prudential Markets Pty Ltd, the Australian company, holds ASIC licence 286354 and takes Australian clients only, so none of its benefits reach a global account: the accounts with no minimum deposit, the Iress and Mottai platforms that ask for A$1,000, and the protections ASIC gives its clients. The Cyprus company under CySEC serves EU and EEA clients, while the South African, Mauritian, and Kenyan companies each look after their own markets. FP Markets does not accept US clients. I still take comfort from the ASIC licence the group holds for its Australian business, though you should confirm the entity on the agreement before funding.

2. Reputation

FP Markets has built a global reputation for reliability and client-focused service, and it has collected industry awards for trading technology, customer service, and value. The broker was founded in Sydney in 2005. Around 49,500 monthly Google searches put it 32nd in popularity among the 67 brokers we analysed, and Similarweb recorded 941,920 visits in February 2026, ranking it the 22nd most visited.

Show all 63 countries

Country, 53 rows.

Country	2026 Monthly Searches
France	880
Indonesia	880
Turkey	880
Malaysia	880
Brazil	720
Thailand	720
Poland	720
Nigeria	590
United Arab Emirates	590
Kenya	590
Philippines	590
Bangladesh	480
Netherlands	480
Switzerland	480
Greece	480
Mexico	390
Vietnam	390
Egypt	390
Colombia	320
Saudi Arabia	320
Argentina	320
Venezuela	320
Hong Kong	210
Morocco	210
Austria	210
Sweden	170
Algeria	170
Uganda	170
Portugal	170
Cambodia	170
Japan	140
Ghana	140
Dominican Republic	140
Taiwan	140
Sri Lanka	110
Tanzania	110
Chile	110
Uzbekistan	110
Ecuador	90
Peru	90
Ireland	90
Uruguay	70
Ethiopia	70
New Zealand	50
Bolivia	40
Mauritius	40
Jordan	40
Botswana	40
Panama	40
Costa Rica	30
Guatemala	20
Mongolia	20
Honduras	10

3. Reviews

Final Verdict on FP Markets Reputation and Security: I think the regulation across the group, combined with a reputation built over more than two decades, makes FP Markets a strong choice for traders seeking a trusted broker.

Our score for FP Markets is set against every other broker on our forex broker reviews.

My Verdict on FP Markets Trust

Trust is foundational, and it is decent but not perfect.

What traders say about FP Markets

What other review sites say about FP Markets

These are ratings of FP Markets from other platforms, read on the date shown and expressed on each platform's scale, so you can weigh them against our own score.

Platform	Rating	Volume	Read on
Trustpilot	4.8 / 5	10,332	Oct 1, 2026
TradingView	3.9 / 5	2,451	Oct 2, 2026

FP Markets holds a Trustpilot rating of 4.8 out of 5 from 10,332 reviews, checked Oct 1, 2026.

On TradingView, FP Markets is rated 3.9 out of 5 from 2,451 ratings, checked Oct 2, 2026. The TradingView profile for FP Markets shows 24.6K traders, the count of those who have connected an account through TradingView.

App Store and Google Play ratings for FP Markets

Our score is based on published criteria and is not influenced by these third-party ratings.

How popular is FP Markets?

FP Markets sits in the lower half for search interest, 31st of 61 on 33,130 branded searches in September 2026. Search interest measures attention, not quality; the score above is the review verdict.

31of 61Search interest rank

33,130

Brand searches, September 2026

-0.1%

vs August 2026

9,900

Login searches

0.5%

Share of all searches

Source: Google search volume, Worldwide, September 2026.

How this is measured

Google Ads reports how many times a month people searched each broker's brand terms, and the brokers are ranked on that figure alone.

A term counts for a broker only when that broker's own website holds the first organic Google result for it; bare brand words that any company could own are left out.

A month-on-month change prints only where the previous month reached 1,000 searches, because Google rounds smaller volumes.

The figures refresh on the 15th of each month with the newest month Google has published, and the first-result check repeats every quarter.

FP Markets at a glance

FP Markets spreads and fees

What trading FP Markets costs

One standard lot of EUR/USD on FP Markets' raw account costs US$8.00 for the round turn: 0.2 pips of spread (US$2.00) plus US$6.00 commission. One standard lot of EUR/USD on FP Markets' standard account costs US$11.90 for the round turn: 1.19 pips of spread (US$11.90), with no commission.

Cost of trading EUR/USD with FP Markets, at 1 standard lot and 20 trades a month

Account	A month of trading	One round turn, 1 lot
Raw spread plus commission0.2 pips, tested, US$6.00 commission	US$160.00	US$8.00
One spread, no commission1.19 pips, tested	US$238.00	US$11.90

A pip on EUR/USD is US$10.00 per standard lot, so the cost of a round turn is the spread in pips times that, plus any commission.

FP Markets offers two major forex account types and pricing structures, as follows.

Standard Account: No commissions charged on trades; ideal for beginners.

RAW Account: The tightest spreads, priced through ECN, for active and experienced traders who want raw pricing with a per-side commission.

1. RAW Account Spreads

FP Markets streams pricing direct from its liquidity providers rather than running a dealing desk. This means that they stream the price feeds directly from their liquidity providers, which helps with reducing spreads

Avg. spreads are taken from each broker’s website and updated monthly. Last update on 1 Sep 2026, corrected 12 Oct 2026

With its closest competitor, Eightcap, offering a tight spread for EUR/USD of 0.06 pips, FP Markets still offers a competitive spread of 0.17 pips. We observed that the ECN pricing enables them to match leading competitors like Pepperstone and Admiral Markets with better prices.

2. Raw Account Commission Rate

FP Markets has competitive commission fees against other online brokers with similar account types from the class of the ECN Account. RAW Account holders will have to pay a $3 commission per side, per 100k traded, whereas this usually stands at a standard $3.50 for accounts in the same class.

cTrader Raw accounts are priced separately at US$3 per lot each way, converted to the account’s base currency.

3. Standard Account Fees

The table below compares FP Markets’ standard account average spreads with an industry average across eight currency pairs.

The table above compares FP Markets with an industry average on figures close to real trading conditions. FP Markets is dearer than the average on six of the eight pairs, cheaper on EUR/JPY at 1.64 against 1.9 and AUD/JPY at 1.65 against 2.0, while EUR/USD reads 1.27 against 1.1.

When trading FP Markets commission-free spreads, MetaTrader 4 and MetaTrader 5 are available as trading platform options.

Lowest Spread Forex Brokers

4. Swap-Free Account Fees

A swap-free account charges no overnight interest on positions that stay open, in line with Islamic finance principles. A small administrative fee is charged to the account balance instead. The option is taken as a Standard or Raw account on MetaTrader 4, MetaTrader 5, or cTrader.

Admin Fee applies on first rollover for all products except major currency pairs which have a 5 day grace period. Admin fees range from $1 to $10 for most products with some less popular exotics being even more (ie: GBP/TRY $155).

FP Markets offers swap-free accounts in certain countries only, and Australia is not among them. To get an Islamic account, you need to email FP Markets and ask for one.

5. Other Fees

FP Markets doesn’t have as many hidden fees, the broker has a good reputation for cost transparency.

Here is an overview of the fees you might incur:

Overnight Financing (Swap Fees)

If you hold a leveraged position overnight, FP Markets will charge swap fees or overnight financing fees. These may vary depending on the asset in question, market conditions, and time held.

Currency Conversion Fees

A conversion cost can arise whenever the currency of your account differs from the currency an instrument is quoted in. FP Markets handles transactions in major currencies, among them USD, EUR, and AUD, so an extra cost may appear.

Third-Party Deposit and Withdrawal Fees

FP Markets itself charges no deposit or withdrawal fees. Your bank, e-wallet, or an intermediary bank may charge its own, so check with the provider in advance.

My Verdict on FP Markets Trading Costs

I rate FP Markets at 8.0 because its Raw account delivers impressively tight spreads around 0.1 pips for EUR/USD paired with low commissions, making it a cost-effective choice for frequent traders. You’ll notice the savings quickly when every trade counts.

Deposits and withdrawals with FP Markets

FP Markets gives you several ways to deposit and withdraw, with transparent fees and quick processing. The US$100 minimum deposit keeps the entry point low for a global account.

What is the minimum deposit at FP Markets?

At First Prudential Markets Limited, the minimum deposit is US$100 on Standard and Raw accounts, in that currency or its equivalent, as the company’s MT5 and WebTrader pages state. Its FAQ adds that the amount depends on your payment method.

Account Base Currencies

Base currencies include AUD, USD, EUR, GBP, SGD, CAD, CHF, HKD, JPY, ZAR, and MXN. The exact set you can choose from differs with each company and each account type.

Deposit Options and Fees

FP Markets accepts several deposit methods built for local and international needs, and you can choose from the options listed below:

• Bank Wire Transfer gives you a direct option, but deposits generally take 1-3 business days depending on your bank’s processing times.
• Credit/Debit Card such as Visa and Mastercard are accepted for instant deposits.
• E-Wallets include popular portals like Skrill, Neteller, and PayPal for instant funding.
• Crypto funding is available with Finrax, LetKnowPay and M2P crypto.
• Further options: Xpay, AstroPay, MoneyTix Wallet (Asia only)

FP Markets itself usually charges nothing for a deposit. Your bank, card provider, e-wallet, or an intermediary bank may charge its own fee, so check with the provider before depositing.

Withdrawal Options and Fees

Withdrawals are efficiently processed with similar options as deposits:

• Bank wire transfer for larger amounts, which can take from 2-5 days
• Credit/debit card refunds, if applicable
• E-wallet instant transfers, including Skrill and Neteller

Processing Fees and Times

FP Markets strives to offer fee-free withdrawals. FP Markets itself takes no deposit or withdrawal fees, but a PayPal payment can attract fees from the intermediary Praxis, and these sit beyond the broker’s control.

The actual time of the withdrawal processing will depend upon the method used; e-wallets are generally the fastest.

Ease To Open An Account

FP Markets account opening process is relatively easy and not time-consuming at all.

You can also sign in with Google or Facebook, which speeds up opening an account.

Account opening covers basic personal details, verification of your documents, and setup of the account, nothing too complex.

Just remember to select the correct account type during setup, such as Standard, Raw, Islamic, and Demo. Overall I think that FP Markets made the account opening was smooth and not a hassle.

My Verdict on FP Markets Funding

At 7.7, this rating captures the convenience of multiple deposit and withdrawal methods and a general lack of hidden fees making funding your account straightforward and efficient.

FP Markets trading platforms and app

The platforms listed below all work with FP Markets, so pick the setup that suits how you trade.

Here are the available platforms and what I think about each of them as follows:

1. MetaTrader 4 2. MetaTrader 5 3. WebTrader 4. Mobile Trading Apps 5. cTrader 6. TradingView

1. MetaTrader 4 (MT4)

MT4 remains one of the most popular platforms worldwide, and I think that standing comes down to its ease of use alongside a full feature set.

Its strengths include excellent backtesting and Expert Advisors (EAs), enabling automated 24/7 forex trading.

MT4 is very suitable for new traders with its user-friendly interface and its large community. You can find all the essentials including multi-timeframes and standard indicators for trading analysis. MT4 supports EA(Expert Advisor) trading that can help you run your trading strategy automatically.

2. MetaTrader 5 (MT5)

If you’re deciding between MT4 and MT5, it’s essential to consider their key differences. While both platforms are excellent for trading forex and other markets, MT5 has an edge in versatility.

In my opinion, MT5 is known as the professional metatrader platform for traders with more trading experience. MetaTrader5 comes with more technical indicators and 21 timeframe options, including a built-in economic calendar that can be helpful for avoiding opening positions during volatile periods.

For high volume traders, MT5 also has 64 bit which is better for forex and CFD trading backtesting. While it offers more advanced features, it also uses a different programming language, MQL5 for those who want automatic trading. Which is slightly more complex than the programming language for MT4, MQL4.

MT5 suits intermediate and advanced traders, and it is the platform I recommend for you at that level, because its extra features over MT4 reward traders who make use of them.

3. WebTrader Platform

The WebTrader gives access to the trading accounts of FP Markets directly from a browser without the need for any software downloads or installation. So you can access your MT4/MT5 on any device without worrying about taking up space in your devices.

While you get to use most features on the metatrader platform, some features like EA is not available on the WebTrader platform. This is more suitable for traders who wish to trade without running software on the computer.

FP Markets app

The mobile line-up covers the FP Markets Trading App, MT4, MT5, cTrader, and TradingView, all free on iOS and Android. Each app is built for traders who want flexibility away from the desk.

You still get to trade on the same amount of timeframes and indicators as the software version, but not the expert advisor. In general, I like how intuitive the MT4/MT5’s app interface is for simple charting and order placing, making trading on the go a breeze.

5. cTrader

cTrader was introduced by Spotware System LTD in 2010, available in the form of desktop, web and mobile trading apps. cTrader is designed for fast order execution with minimal latency, which suits scalping traders.

When compare to both MT4 and MT5, cTrader offers 26 different trading timeframes allowing you to perform multi-timeframe analysis better. You will be using the C# language to automate your trading strategy or you can use the one created by others in the cTrader community.

Overall, cTrader’s complex interface and advanced features is most suitable for scalpers that requires good execution speed and stability.

6. TradingView

TradingView brings advanced charting, idea sharing, and technical and fundamental analysis to traders of all kinds. On FP Markets, access runs through a cTrader ID (cTID), so a cTrader account comes first, and the option sits on the Raw account only. TradingView leans further into the social side than the other platforms.

I personally would like to describe TradingView as a Facebook for traders and investors. The large trading community enables you to share your trading ideas or subscribe to well-known traders’ ideas. Exchange opinions with the visual advance charting options or create your own custom indicator by using Pine script.

The only downside is that the free version limits the features you can access and have ads pop-up constantly. The paid plans start with Essential: $12.95 per month and goes up to $49.95 per month for premium.

Which trading platform should I choose?

I understand that choosing a platform is not an easy call, because each one has its own standout feature. The right pick depends on the kind of trader you are.

Trading Add-Ons

FP Markets rounds out its trading environment with a set of features and add-ons that support trading strategies, and the main ones are listed below.

From advanced tools that enable automated and social trading to services that ensure stability and efficiency in trade execution, these additional tools meet varied trader needs.

The following is an overview of the key features and add-ons available at FP Markets:

• Social Trading and Signal Start are the copy trading services a client of the Seychelles company can use. The Social Trading app is FP Markets’ own platform for following and copying other traders, while Signal Start brings in third-party signal providers. Myfxbook AutoTrade on MT4 runs through the same company. ZuluTrade and DupliTrade are not among the copy trading services FP Markets offers.
• FP Markets Trading App is the broker’s own app for trading on the move, and it comes close to the experience you get at a desk. It runs on iOS and Android.
• VPS: The FP Markets Virtual Private Server ensures your trading strategy runs on a fast, secure, high-performance server. This is an important service to traders who deploy automated trading systems, whereby their strategies are guaranteed to keep on running 24/7 without a personal computer connection.
• Autochartist: This feature provides real-time trading ideas, scanning markets for opportunities across Forex, Metals, Indices, Commodities, and Cryptos. Delivers 1000+ trade setups monthly, supports beginners with visual indicators, and advanced search for experts.
• Traders Toolbox: The Traders Toolbox offers a suite of 12 additional online tools including an economic calendar, news feeds, and various risk management applications like the Correlations Trader and Matrix, Alarm Manager, and Excel RTD.
• Trading Central: As one of the leading financial insights and analysis providers, Trading Central supports FP Markets traders with expert evaluations and recommendations. These insights are invaluable for making informed trading decisions based on technical analysis and market trends.

My Verdict on FP Markets Trading Platform

I give the platforms 9.0. FP Markets lets you choose MT4, MT5, cTrader, TradingView, or WebTrader, so you can match the platform to your strategy and workflow.

FP Markets execution speed and slippage

Execution speed plays a big part in forex and CFD trading results. In the 2026 execution test, FP Markets filled market orders in 96 ms, which ranked 8th of 36 brokers and beat the 151 ms average recorded across the other 35 brokers in the test. Limit orders were slower, at 225 ms, ranking 31st of 36 and sitting well above the 141 ms average of those same 35 brokers.

Our 2026 execution test used Expert Advisors on MetaTrader 4 demo accounts, which were not funded accounts, at 36 brokers over two 30-hour periods, and measured the average time in milliseconds from placing a limit or market order to its execution, with network latency (ping) subtracted.

The table below lists the ten brokers with the fastest market order times in our 2026 execution test, ordered by market order time, with each broker’s limit order time and limit order rank beside it, and the average of the other 35 brokers in the test in the last row. We give a rank for each order type separately because the test publishes no overall rank.

My Verdict on FP Markets Trading Experience

My 8/10 score reflects that while trading feels reliable and solid overall, it doesn’t quite match the smoothness and polish I have seen with the very top brokers. Still, it is perfectly workable and serves most traders’ needs.

Markets you can trade with FP Markets

The range spans forex with 71 pairs, more than 800 share CFDs, indices, ETFs, commodities, metals, bonds, and crypto. What a client can trade depends on the country they live in.

CFDs

FP Markets product range overview for global clients:

1. FX Trading: FP Markets forex product offerings are good, as there are 71 major, minor, and exotic pairs. Examples include but are not limited to the AUD, CAD, JPY, NZD, SGD, GBP, EUR, and more exotics like the Swedish Krona and Turkish Lira.
2. Shares: The broker is very good in shares trading. You can trade 800+ share CFDs on MT4, MT5, cTrader, and TradingView.
3. Indices: Traders have access to 15 global indices, including the NASDAQ 100, S&P 500, and EUREX.
4. Commodities: The 11 commodity CFDs split into 5 energies such as WTI and 6 softs such as cocoa and coffee, while metals form a separate list of 17 metal CFDs across 9 metals, a count that includes currency crosses.
5. Cryptocurrencies: FP Markets offers 11 crypto CFDs, each priced against the US dollar, with Bitcoin, Ethereum, XRP, Bitcoin Cash, and Litecoin among them.
6. Bonds: The choice is limited, but FP Markets provides 2 bonds: the UK Long Gilt and the US 10-Year Treasury Note.
7. ETFs: FP Markets offers 46 ETF CFDs, a wider range than most ECN-focused brokers carry, useful if you want sector or thematic exposure alongside forex.

Disclaimer: United Kingdom residents are served by FP Markets Ltd, a company registered in Saint Lucia and not authorised by the Financial Conduct Authority (FCA). Its UK site lists 11 crypto CFDs, but clients of this entity receive no FCA protections, a gap you should weigh carefully.

Share Trading

On a global account, you trade share CFDs on MT4, MT5, cTrader, and TradingView, with the share CFDs sitting on the Raw account.

More than 800 share CFDs sit in the global range, and MT5 is the main platform for trading them. That count gives share traders room to work across markets.

FP Markets covers a wide span of markets for a global account, from forex and shares to ETFs, indices, and more. I think that range ranks well against the field, and I score it accordingly in this part of the review.

FP Markets customer service, research and education

Recently, I have had the chance to experience the customer support of FP Markets, and they seemed very serious about providing excellent support.

FP Markets has around-the-clock customer support via various means: live chat, telephone, and e-mail.

My Verdict on FP Markets Range of Markets

I give the range 7.2. The account you open with the Seychelles company carries 71 forex pairs, more than 800 share CFDs, 46 ETF CFDs, plus commodities, metals, crypto, indices, and bonds, though what is available depends on the client’s country of residence.

Research and education

I’ve used FP Markets for both live trading and as a learning platform. The research and educational tools are decent for an ECN broker.

FP Markets Research Tools

A few research tools that may be available in FP Markets to aid traders in decision-making include the following.

• Daily Market Analysis provides updates on daily market conditions and offers insights into trends across Forex, indices, commodities, and cryptocurrencies.
• Economic Calendar tracks financial events and data releases, either of which can send volatility moving across the markets you trade.
• Trading Signals provides suggestions built on market analysis, and they suit novice traders and professional ones alike.
• Technical Analysis: The technical analysis feature allows traders to go deep into the movement of the markets with various charts and indicators.

The resources come mainly in English, but they are clear and accessible to traders who can understand the language. However, for those who are less comfortable with English, the gap can be bridged by using translation tools.

FP Markets Educational Resources

On the educational resources, FP Markets has provided a number of materials to direct traders at whatever point they may be in their trading:

• Webinars: Regular webinars by market experts on trading strategies, tips, and new market developments.
• Video Tutorials that I found have clear, step-by-step explanations of how to use the trading platform and understand the markets.
• Forex Education Articles includes a decently sized collection of articles ranging from the very basics of trading to advanced strategies.

While most of these learning tools are in English, FP Markets has done a great job in making them easy to use and interactive.

My Verdict on FP Markets Education

My score of 7.5 reflects solid educational offerings that help build your trading skills, but with more polish and depth available from the very top broker education programs.

Our final verdict on FP Markets

FP Markets has established itself as a leading broker with a full range of tradable instruments and services for traders worldwide.

Access to markets across forex, CFDs, commodities, and crypto lets a global trader spread across a broad set of instruments. For these reasons I give the broker a combined score of 78.4 out of 100, which places it inside my list of top 10 brokers.

Opening an account is quick, the education section is strong, and the advanced tools give you further reasons to try FP Markets. The platform choice covers MetaTrader 4, MetaTrader 5, and cTrader.

Disclaimer: Trading with financial instruments on a live account does have high risks involved, especially when you use the maximum leverage available to you.