FP Markets Broker Review

　　

FP MARKETS 2025 Review: Everything You Need to Know

　　FP Markets has established itself as a prominent player in the forex and CFD trading landscape, offering a wide range of trading instruments and competitive pricing. Overall, the broker is well-regarded for its low spreads, fast execution speeds, and multiple trading platforms, making it an attractive option for both novice and experienced traders. However, some users have expressed concerns regarding customer service and the educational resources provided.

　　Note: It's important to emphasize that FP Markets operates multiple entities across different regions, each with varying levels of regulatory oversight, services, and customer experiences. This review is based on the best-performing region for each factor evaluated to ensure fairness and accuracy.

　　

Ratings Overview

Category	Rating (out of 10)
Account Conditions	8.0
Tools and Resources	7.5
Customer Service	8.5
Trading Experience	8.0
Trustworthiness	8.5
User Experience	7.0

　　We evaluate brokers based on a comprehensive analysis of their offerings, user feedback, and expert opinions.

　　

Broker Overview

　　Founded in 2005, FP Markets is headquartered in Sydney, Australia, and is regulated by several top-tier authorities, including the Australian Securities and Investments Commission (ASIC) and the Cyprus Securities and Exchange Commission (CySEC). The broker offers a variety of trading platforms, including MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader, and the proprietary IRESS platform, catering to diverse trading preferences. Traders can access over 10,000 financial instruments, including forex pairs, stocks, commodities, indices, and cryptocurrencies.

　　

Detailed Information

　　

Regulated Regions

　　FP Markets is regulated in multiple jurisdictions, including:

• ASIC (Australia)
• CySEC (Cyprus)
• FSCA (South Africa)
• FSA (Seychelles)
• CMA (Kenya)

　　

Deposit/Withdrawal Currencies

　　The broker accepts deposits and withdrawals in various currencies, including AUD, USD, EUR, GBP, CAD, JPY, CHF, and several others. Cryptocurrency options for deposits include Bitcoin (BTC), Ethereum (ETH), and more.

　　

Minimum Deposit

　　The minimum deposit required to open a trading account is AUD 100 (or equivalent) for standard and raw accounts. For IRESS accounts, a minimum deposit of AUD 1,000 is required.

　　

Bonuses/Promotions

　　FP Markets currently does not offer any bonuses or promotional offers due to regulatory stipulations.

　　

Tradable Asset Classes

　　FP Markets provides access to a wide range of tradable assets, including:

• Over 70 forex pairs
• More than 10,000 stock CFDs
• Indices and commodities
• Cryptocurrencies (derivatives only)

　　

Costs (Spreads, Fees, Commissions)

　　FP Markets is known for its competitive pricing. The raw account offers spreads starting from 0.0 pips, with a commission of USD 3 per lot. The standard account has spreads starting from 1.0 pips with no commissions. However, some users have noted that stock CFD spreads can be higher compared to competitors.

　　

Leverage

　　Leverage options vary by region. For clients in Australia and Europe, leverage is capped at 30:1 for forex pairs, while international clients may access leverage up to 500:1.

　　

Allowed Trading Platforms

　　FP Markets supports several trading platforms, including MT4, MT5, cTrader, TradingView, and IRESS. Each platform caters to different trading styles and preferences.

　　

Restricted Regions

　　FP Markets does not accept clients from the United States, Japan, North Korea, Iran, Iraq, Belgium, and some regions in Canada.

　　

Customer Support Languages

　　The broker offers customer support in over 40 languages, ensuring accessibility for a diverse clientele.

　　

Detailed Breakdown

　　

Account Conditions

　　FP Markets offers two primary account types: standard and raw accounts. The standard account is suitable for beginners, providing commission-free trading with wider spreads, while the raw account caters to experienced traders with lower spreads but includes a commission structure. This flexibility allows traders to choose based on their trading styles and preferences.

　　

Tools and Resources

　　While FP Markets provides a range of trading tools, including market analysis and educational resources, some users have indicated that the educational content could be more comprehensive. The broker does offer webinars and video tutorials, but there is room for improvement in the depth and variety of educational materials.

　　

Customer Service

　　FP Markets is recognized for its responsive customer service, available 24/7 through various channels, including live chat, email, and phone support. Users have reported positive experiences with quick response times, although some concerns regarding the resolution of complex issues have been noted.

　　

Trading Experience

　　The trading experience at FP Markets is generally positive, with fast execution speeds and competitive spreads. The broker's ECN model ensures transparency and low latency, making it suitable for high-frequency trading strategies.

　　

Trustworthiness

　　FP Markets is considered a trustworthy broker, regulated by reputable authorities. The broker maintains client funds in segregated accounts and offers negative balance protection, ensuring a secure trading environment.

　　

User Experience

　　User experiences vary, with many praising the platform's functionality and ease of use. However, some users have expressed dissatisfaction with the mobile app's capabilities, indicating that it lacks certain features found in competing platforms.

　　In conclusion, FP Markets is a well-regarded broker that offers a comprehensive range of trading options and competitive pricing. While there are areas for improvement, particularly in educational resources and mobile app functionality, the broker's strong regulatory standing and commitment to customer service make it a viable choice for traders of all experience levels.