FP Markets Review
Updated regularly · Independent ratings
Overall Rating
4.6 / 5
Fees
4.7 / 5
Safety
4.5 / 5
Platforms
4.7 / 5
Education
4.5 / 5
Min. deposit
$100
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the risk of losing your money.
FP Markets — At a Glance
Full broker data from our database
| Minimum deposit | $100 |
| Broker type | STP, ECN, Market Maker, DMA |
| Spread type | Variable |
| Spreads from | 1.0 PIPS (Standard Account), 0.0 PIPS (Raw Account) |
| Commission | No commission on Standard account. $3 per side on the RAW account |
| Maximum leverage | 1:500 |
| Minimum lot size | 0.01 |
| Maximum lot size | 100 |
| Decimal pricing | 5 decimals |
| Trading platforms | Web, Mobile, TradingView, MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader, IRESS |
| API access | Yes |
| VPS | Yes |
| Demo account | Yes |
| Segregated account | Yes |
| Swap-free account | Yes |
| Managed account | Yes |
| PAMM / MAM account | Yes |
| Joint account | Yes |
| Copy trading | Yes |
| Social trading | Yes |
| Account currencies | AUD, CAD, CHF, EUR, GBP, HKD, JPY, NZD, SGD, USD |
| One-click trading | Yes |
| OCO orders | Yes |
| Trailing stop loss | Yes |
| Hedging allowed | Yes |
| Scalping allowed | Yes |
| Interest on margin | No |
| Bonuses | No |
| Contests | No |
| Regulators | ASIC (Australia), CySEC (Europe), FSCA (South Africa), FSA (Seychelles), FSC (Mauritius) |
| Headquarters | 10 Bridge St, Level 5, Sydney, New South Wales, 2000, Australia. |
| International offices | Australia, Cyprus, South Africa, Seychelles, Mauritius, Kenya |
| Assets offered | Forex, CFDs |
| 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 |
| 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 |
| Contact email | supportsc@fpmarkets.com |
| Minimum deposit | $100 | Social trading | Yes |
| Broker type | STP, ECN, Market Maker, DMA | Account currencies | AUD, CAD, CHF, EUR, GBP, HKD, JPY, NZD, SGD, USD |
| Spread type | Variable | One-click trading | Yes |
| Spreads from | 1.0 PIPS (Standard Account), 0.0 PIPS (Raw Account) | OCO orders | Yes |
| Commission | No commission on Standard account. $3 per side on the RAW account | Trailing stop loss | Yes |
| Maximum leverage | 1:500 | Hedging allowed | Yes |
| Minimum lot size | 0.01 | Scalping allowed | Yes |
| Maximum lot size | 100 | Interest on margin | No |
| Decimal pricing | 5 decimals | Bonuses | No |
| Trading platforms | Web, Mobile, TradingView, MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader, IRESS | Contests | No |
| API access | Yes | Regulators | ASIC (Australia), CySEC (Europe), FSCA (South Africa), FSA (Seychelles), FSC (Mauritius) |
| VPS | Yes | Headquarters | 10 Bridge St, Level 5, Sydney, New South Wales, 2000, Australia. |
| Demo account | Yes | International offices | Australia, Cyprus, South Africa, Seychelles, Mauritius, Kenya |
| Segregated account | Yes | Assets offered | Forex, CFDs |
| Swap-free account | Yes | 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 |
| Managed account | Yes | Languages | Arabic, Dutch, French, German, Greek, Hungarian, Indonesian, Italian, Japanese, Korean, Malay, Mandarin, Polish, Portuguese, Russian, Spanish, Thai, Vietnamese |
| PAMM / MAM account | Yes | Customer support | Live Chat, Email, Telephone |
| Joint account | Yes | Contact email | supportsc@fpmarkets.com |
| Copy trading | Yes |
Pros & Cons
Pros
- +Strong global regulatory framework
- +Fast and easy account opening
- +Multiple fast and secure payment methods
- +Several account currency options
- +Negative balance protection
- +Low forex trading fees
- +No deposit or withdrawal fee
- +No inactivity fee
- +Demo account for practise trading
- +User-friendly mobile and web platforms
- +Support TradingView, MT4, MT5, and cTrader
- +No restriction on trading styles
- +Integrated social, copy and PAMM trading features
- +Support algorithmic trading
- +Great educational resources for all levels of traders
- +Excellent 24/7 customer support service
Cons
- −Limited Product Range