FP Markets review
Regulation, trading conditions, fees, platforms and user experiences
Also known as First Prudential Markets
- Editorial score
- 8.5/10How we scored FP Markets
- User rating
- No user ratings yet
- Regulatory status
- ASICCySECFSCA (South Africa)FSA (Seychelles)+2
- Country
- Australia
- Established
- Established 2005
- Website
- fpmarkets.com
FP Markets may have a commercial relationship with 88 Forex Brokers. Paid placement is labelled separately and does not allow payment alone to determine the editorial score.
FP Markets is a forex and CFD broker associated with Australia. This profile reviews its regulatory records, trading conditions, platforms, fees and available user reports.
FP Markets is workable, with clear compromises. Regulated by ASIC (AFSL 286354); CySEC (371/18); FSCA (FSP 50926); Seychelles FSA (SD130); Mauritius FSC (GB21026264); CMA Kenya, offering MetaTrader 4, MetaTrader 5, cTrader, TradingView, IRESS. What follows is drawn from the broker's own published material and covers the things that decide the account you end up with: who oversees them, what trading actually costs, and where the compromises sit.
FP Markets at a glance
- Broker name
- FP Markets
- Established
- 2005
- Headquarters
- Sydney, Australia
- Legal entities
- First Prudential Markets Pty Ltd
- Regulatory status
- Regulated
- Minimum deposit
- $100
- Maximum leverage
- 1:30
- Trading platforms
- MetaTrader 4, MetaTrader 5, cTrader, TradingView, Proprietary platform
- Markets offered
- Forex, Metals, Commodities, Indices, Shares, ETFs, Bonds, Cryptocurrency CFDs
- Account types
- Standard, Raw, IRESS, Islamic, Professional/Wholesale, Demo
- Demo account
- Available
- Islamic account
- Available
- Customer support
- Live chat, email, phone, 24/7
- Official website
- fpmarkets.com
Our view of FP Markets
FP Markets stands out for an ASIC licence, 21 years of operating history, raw spreads from 0.0 pips and MetaTrader 4 and 5. Its suitability depends on the legal entity available in your country, the protection attached to that entity and whether its pricing and platform range match how you intend to trade.
No specific limitation has been recorded, but this does not remove the need to verify the account entity and terms.
Who FP Markets may suit
FP Markets may suit traders looking for a tier-one licence behind the account, raw spreads with a commission, copy trading and automated strategies.
What stands out
- Low spreads, variety of platforms
What to consider
- Limited educational resources
What traders report about FP Markets
There are not enough eligible ratings to publish an aggregate user rating for FP Markets.
- Open cases
- 0
- Broker responded
- 0
- Resolved
- 0
- Unresolved
- 0
Community metrics describe the published dataset and do not establish that every client will have the same experience.
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How FP Markets scored
The editorial score is calculated from the broker information and assessment criteria described in our scoring methodology. It is separate from user ratings and sponsored placement.
Category scores may be unavailable where there is not enough reliable information. The overall score should not be treated as a guarantee of safety, performance or suitability.
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