FP Markets
Forex and CFD BrokerFounded 2005Sydney, Australia
Reviewed September 5, 2026
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 & Limitations
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
Category Scores
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
Available Regions
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.
Regulators
- Name
- Australian Securities and Investments Commission (ASIC)
- Status
- Yes
- Tier
- top
- Name
- Cyprus Securities and Exchange Commission (CySEC)
- Status
- Yes
- Tier
- standard
- Name
- Financial Sector Conduct Authority (FSCA)
- Status
- Yes
- Tier
- standard
- Name
- Seychelles Financial Services Authority (FSA)
- Status
- Yes
- Tier
- offshore
- Name
- Financial Services Commission Mauritius (FSC)
- Status
- Yes
- Tier
- offshore
- Name
- Financial Services Authority St. Vincent and the Grenadines (FSA SVG)
- Status
- Yes
- Tier
- offshore
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.
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
Features
- Expert Advisors
- Automated trading
- Copy trading
- Autochartist
- TradeMedic AI trade analytics
Availability
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.
Available assets
Trading Conditions & Tools
Trading conditions
- Overview
- 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.
- Execution
- Suitable For
- ScalpersDay tradersAlgorithmic tradersActive tradersCopy traders
Tools & resources
- Overview
- 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.
- Tools
- AutochartistTrading CentralClient sentiment toolsTradeMedic AI trade analyticsEconomic calendar
Support & Account Opening
Customer support
- Overview
- 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.
- Channels
- Live chatEmailPhone
Account opening
- Overview
- FP Markets offers a digital account-opening process with a relatively low minimum deposit, supporting Standard, Raw ECN, Islamic and Iress account types alongside a demo account for practice.
- Process
- Online registrationAccount type selectionIdentity verificationDocument submissionFunding
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.
Trader Compatibility
Who It's For
Best for
- Forex traders
- Gold traders
- Scalpers
- Algorithmic traders
- MetaTrader and cTrader users
Not recommended for
- Complete beginners who need a highly guided learning experience
- Traders seeking the deepest proprietary research ecosystem
- Low-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.
Trading carries risk. Review the broker’s current terms directly before opening an account. This page is informational and not financial advice.