FP Markets Forex Review 2026

Name: FP Markets Forex Review 2026
Item: FP Markets
Rating: 4.4
Author: Bruce Hartley

Top Rated · 2026

Our Ratings

4.4

out of 5

Safety & Regulation

4.3

Fees & Costs

4.7

Markets & Products

4.1

Platforms & Execution

5.0

Deposit & Withdrawal

4.4

Trading Tools & Research

3.8

Account Opening

4.5

Customer Service

4.3

Education

4.5

Key Facts

Regulation

ASIC, CySEC, FSCA, FSA Seychelles

Broker Type

STP, ECN, Market Maker, DMA

Min. Deposit

$100

Platforms

Web, Mobile, TradingView, MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader, IRESS

Negative Balance Protection

Varies

Max Leverage

1:500

Demo Account

Yes

Spreads From

1.0 pips

VISIT FP Markets Compare all broker reviews

72.5% of retail FX and CFD accounts lose money.

FP Markets - At a Glance

Company & Overview

Established: 2005
Headquarters: 10 Bridge St, Level 5, Sydney, New South Wales, 2000, Australia.
International Offices: Australia, Cyprus, South Africa, Seychelles, Mauritius, Kenya
Publicly Traded: No
Broker Type: STP, ECN, Market Maker, DMA
Regulation: ASIC (Australia), CySEC (Cyprus), FSCA (South Africa), FSA Seychelles (Seychelles)
Segregated Client Funds: Yes
Negative Balance Protection: Varies
Offered on all accounts. Australian and EU clients have it guaranteed by law. Clients on the Seychelles licence rely on FP Markets policy rather than regulation, so it can be changed.
Banking License: No
Languages: Arabic, Dutch, French, German, Greek, Hungarian, Indonesian, Italian, Japanese, Korean, Malay, Mandarin, Polish, Portuguese, Russian, Spanish, Thai, Vietnamese
Customer Support: Live Chat, Email, Telephone
Customer Support Hours: 24/5

Account Types

Demo Account: Yes
Swap Free Account: Yes
Joint Account: Yes
Corporate Account: Yes
Managed Account: Yes
PAMM / MAM Trading: Yes
Social / Copy Trading: Yes

Account Conditions

Minimum Deposit: $100
Payment Methods: Bank Transfer, Broker to Broker Transfer, Credit Cards, Debit Cards, Apple Pay, Google Pay, Crytocurrency, Paypal, Skrill, Neteller, Perfect Money, UnionPay, FasaPay, BPay, Klarna, POLi, Sticpay, PayRetailers, Rapyd, LetKnowPay
Account Currencies: AUD, CAD, CHF, EUR, GBP, HKD, JPY, NZD, SGD, USD
Maximum Leverage: 1:500
Bonuses: No
Contests: No

Trading Conditions

Markets & Products: Forex, CFDs
Currency Pairs: 70+ FX pairs, major, minor and exotic
Minimum Lot Size: 0.01
Maximum Lot Size: 100
Decimal Pricing: 5 decimals
Order Types: Market execution plus pending orders. Six pending types on MetaTrader 5: buy limit, sell limit, buy stop, sell stop, buy stop limit and sell stop limit. Four on MetaTrader 4, without the stop limit variants. Stop loss, take profit and trailing stop available on both, and settable by dragging on the chart where trade levels are enabled. cTrader and IRESS carry their own order sets.
Execution Type: ECN and STP, no dealing desk
Margin Call Level: 100% margin level
Stop Out Level: 50% margin level
Hedging: Yes
Scalping: Yes

Fees & Costs

Spread Type: Variable
Spread From: 1.0 pips (Standard Account), 0.0 pips (Raw Account)
Commission: No commission on Standard account. $3 per side on the RAW account
Overnight / Swap Fees: Yes
Deposit Fee: No
Withdrawal Fee: Varies
No fee on card or bank wire withdrawals. Neteller, Skrill and cryptocurrency withdrawals carry processor fees, for example Neteller at 2% up to USD 30.
Currency Conversion Fee: Yes
Account Maintenance Fee: No
Inactivity Fee: No
No inactivity fee. Dormant accounts with a zero balance are disabled after three months, with no charge.
Custody Fee: No

Platforms & Tools

Trading Platforms: Web, Mobile, TradingView, MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader, IRESS
Mobile App: Yes
API Access: Yes
VPS Hosting: Yes
Automated Trading: Yes

How FP Markets's costs compare

Spread from (major pairs)1.0 pips

Catalogue median: 0.8 pips across 49 brokers · lower is cheaper

Minimum deposit$100

Catalogue median: $10 across 49 brokers · lower is more accessible

The marker is the median of every active broker we rate, computed from the same structured data as the reviews. Headline from-spreads are the broker's advertised best case; your account type and instrument change them.