Losses can exceed deposits of retail CFD accounts lose money when trading with this provider.
FP Markets
Retail forex trading, Contract for Difference
Est. 2005 · Australia
BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.
FP Markets operates as an online trading platform established in 2005. FP Markets holds authorisation from Australian Securities and Investment Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), providing the regulatory safeguards expected of a credible, established broker.
In this FP Markets review, we assess everything from regulation and platform quality through to fees, tradeable instruments, and the standard of its support and educational resources. We provide a thorough and impartial assessment, helping you determine whether FP Markets is a suitable choice for your trading goals.
Expert Score — FP Markets · How we score brokers →
FP Markets stands out as a credible choice for retail traders offering regulated trading, broad market access, and competitive conditions across its core product range. Suitable for both newcomers and more seasoned traders, FP Markets delivers the infrastructure and support needed to trade with confidence.
Please note that due to regulations, the content in this review of FP Markets does not apply to users in Brazil, South Korea, Iran, Iraq, Syria, Japan, United States.
FP Markets Review 2026 - Brief Overview
- Year Founded
- 2005
- Regulated By
- Australian Securities and Investment Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC)
- Headquarters
- Australia
- Minimum Deposit
- $100
- Number of Clients
- 10,000+
- Founders
- Matthew Murphie
- Employees
- 95
- Telephone
- +44 28 2544 7780
- Support Email
- supportteam@fpmarkets.com
- Address
- First Floor, First St. Vincent Bank Ltd Building, James Street, Kingstown, St. Vincent and the Grenadines
- FP Markets on LinkedIn
- FP Markets on Facebook
- Facebook Likes
- 388,658
- Twitter / X
- FP_markets
- Twitter Followers
- 3,034
- https://www.instagram.com/fpmarketsofficial/
- Instagram Followers
- 7,369
- YouTube
- FP Markets on YouTube
Who are FP Markets?
FP Markets is an online trading broker based in Australia that has been serving traders since 2005. Since inception, the broker has built a reputation as a trusted destination for online trading.
FP Markets offers an extensive selection of markets including forex, indices, commodities and more. Having grown to 10,000+ traders on the platform, the broker has proven its appeal to traders of all experience levels. Regulated by Australian Securities and Investment Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), FP Markets maintains the standards of transparency and client protection expected of any reputable online broker.
Trading at FP Markets is supported by MT4, MT5, IRESS, Mac, Web Trader, Tablet & Mobile apps, giving traders a familiar and well-tested environment. FP Markets caters to traders looking for a straightforward and well-supported trading experience. Whether you are new to online trading or a more experienced investor, FP Markets is worth a closer look.
Who Founded FP Markets?
The founders of Matthew Murphie.FP Markets was established by a team that brought a background in retail and institutional trading when the company was created.
The senior team at FP Markets brings considerable experience in online trading, financial markets, and technology. This expertise has been central to the platform's development and ongoing improvement. Today, FP Markets employs 95 members of staff across technology, compliance, customer support, and operations.
Beyond the founding story, FP Markets continues to invest in improving the client experience. The broker's education and research resources reflect a genuine commitment to helping traders develop. For traders new to the markets or more experienced, FP Markets offers resources designed to support your trading journey.
FP Markets Review Videos
Why Trade with FP Markets?
Trading with FP Markets comes with a number of genuine advantages that distinguish it in an increasingly crowded brokerage market. Established in 2005, FP Markets has built an offering tailored to meet the needs of a diverse range of clients, from newcomers to experienced market participants.
A defining factor when evaluating an online broker comes down to the overall trading environment it provides. Tight pricing and swift and consistent order execution mean traders can enter and exit positions at the prices they intend, a clear advantage whether you trade frequently or hold positions over time.
FP Markets takes seriously the role of platform technology in the trading experience. A robust and reliable trading environment means order flow is handled with speed and precision, which is especially important in markets where timing is critical.
Copy trading is a notable feature offered by FP Markets. Clients can use it to mirror the trades of proven traders, giving real investment activity without having to make every decision from scratch. It combines practical market participation with a learning opportunity, offering a more accessible route into the markets for those building confidence.
FP Markets additionally supports collaborative trading through social trading functionality. The social element allows traders to connect with and learn from others on the platform, sharing market insight, analysis, and ideas with experienced traders. This can be particularly useful for those who want to refine their approach by observing how established traders approach different market conditions.
FP Markets gives traders exposure to a diverse selection of tradeable assets, including forex, indices, commodities, equities, and other asset classes. This diversity allows clients to access the markets best suited to their goals and risk appetite, reflecting FP Markets's commitment to serving a wide range of trading needs.
Across its key offering, FP Markets's balance between reliable infrastructure, a diverse product range, and client-focused features positions it as a serious choice for both new and experienced investors. The breadth of what it provides demonstrates a genuine commitment to the trading experience.
Pros & Cons
Pros
- Regulated by Australian Securities and Investment Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC)
- Negative balance protection offered
- Free demo account available
- MetaTrader 4 and MetaTrader 5 supported
- cTrader platform available
- Copy trading and social trading available
- iOS and Android mobile apps available
- No withdrawal fees
- No inactivity fees
- Scalping permitted
- Hedging allowed
Cons
- Deposit fees apply
- Not available in all countries
Compare Brokers Similar To FP Markets
| FP Marketslearn more about FP Markets |  learn more about Pepperstone | ThinkMarketslearn more about ThinkMarkets | |
|---|---|---|---|
| Broker | FP Markets | Pepperstone | ThinkMarkets |
| Rating | 7.40 / 10 | 8.90 / 10 | 8.70 / 10 |
| Minimum Deposit | $100 | $200 | $0 |
| Year Founded | 2005 | 2010 | 2010 |
| Headquarters | Australia | Australia | Australia & United Kingdom |
| Regulated By | Australian Securities and Investment Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC) | Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F217 | the Japanese Financial Services Agency (JFSA) with license no. 0250, the Cyprus Securities and Exchange Commission (CySEC) with license no. 215/13, the Financial Conduct Authority (FCA 629628) in the UK, the Australian Securities and Investments Commission (ASIC 424700), the Financial Sector Conduct Authority (FSCA) in South Africa and the Financial Services Authority (FSA SD060) Seychelles. TF Global Markets (UK) Limited is authorised and regulated by the Financial Conduct Authority, FRN 629628. TF GLobal Markets (Aust) Limited is the holder of Australian Financial Services Licence number 424700. TF GLobal Markets (South Africa) (Pty) Ltd is an authorised financial services provider (FSP No 49835). TF Global Markets Int Limited is authorised and regulated by the Financial Services Authority, Firm Reference Number SD060 Seychelles |
| Clients | 10,000+ | 10,000+ | 475,000+ |
| Find Out More | Visit FP Markets website Losses can exceed deposits | Visit Pepperstone website CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 78.6% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money | Visit ThinkMarkets website 71.89% of retail investor accounts lose money when trading CFDs with this provider. |
Regulation
Key Takeaway
Regulated by: Australian Securities and Investment Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC). HQ: N/A.
FP Markets is regulated by Australian Securities and Investment Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC).
FP Markets, as a business, has a strong set of rules designed to ensure fair trading across its own platform. In terms of information security measures, it provides an industry-standard secure socket layer (SSL). Customer funds are held in segregated bank accounts separate from the firm's own funds, providing an additional layer of financial protection.
As per the company's privacy regulations, client information is never shared with other third-party institutions or individuals. This includes credit history and other personal financial information. FP Markets is also required to maintain minimum capital requirements as set by their regulators, giving traders added confidence that the broker is financially sound. Below we summarise the main compliance information for FP Markets.
- Regulation
- Australian Securities and Investment Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC)
The body or bodies responsible for FP Markets's regulatory oversight. Regulated brokers are subject to conduct standards and capital requirements set by their licencing authority.
- Negative Balance Protection
- Yes
- You cannot lose more than the funds in your account. This means your debt to the broker is limited to your deposited funds, a key protection for retail traders using leverage.
- Guaranteed Stop Loss
- No
- Your stop loss order may execute at a worse price than set during periods of high volatility or when markets gap. The closing price of a stopped-out position may be worse than expected, which should be considered when calculating potential downside on leveraged positions.
- Excluded Countries
- Brazil, South Korea, Iran, Iraq, Syria, Japan, United States
FP Markets is unable to onboard clients from these jurisdictions, typically due to licensing limitations or local financial regulations.
Platforms
Key Takeaway
Available platforms: MT4, MT5, cTrader.
FP Markets has been an online trading platform since 2005. Your choice of trading platform can be one of the most overlooked aspects of setting up a trading account, as it shapes how you place trades, manage positions, and analyse the markets.
Trading platforms cater to different trading styles and experience levels. Platforms like MT4 and MT5 remain the most popular choice among retail traders globally, especially those relying on Expert Advisors and technical analysis tools. Other traders prefer cTrader for its focus on direct market access and level-2 order data. Brokers may also provide their own bespoke trading interface, designed around their own product range and funding tools.
Alongside the main trading interface, traders should also check the availability of mobile trading apps, practice accounts using virtual funds, and tools like social trading, copy trading, or automated signal services depending on your individual trading approach. Below we break down the key platform options offered by FP Markets.
- Platforms
- MT4, MT5, IRESS, Mac, Web Trader, Tablet & Mobile apps
- MT4
- Yes
- The world's most popular forex and CFD platform. Features Expert Advisors (EAs), extensive custom indicators, and algorithmic trading strategies.
- MT5
- Yes
- The successor to MT4, platform with broader market access and enhanced timeframes, including stocks and futures, and improved backtesting tools.
- cTrader
- Yes
- Highly regarded platform known for direct market access and transparent pricing. Includes cBot automated trading and detailed order management.
- Proprietary Platform
- Not available
- Demo Account
- Yes
- Test the platform using virtual funds without risking capital. Highly recommended for new traders and those testing strategies.
- Social Trading
- Yes
- Copy and follow positions from experienced traders on the platform. A strong draw for those new to markets who want to benefit from experienced investors.
- Copy Trading
- Yes
- Replicate in real time positions from chosen traders into your live portfolio. Well suited to those with limited time to actively trade while leveraging others' expertise.
- ZuluTrade
- Not available
- DupliTrade
- No
- Hedging
- Yes
- Open opposing long and short positions on the same instrument as part of a risk management strategy. A valuable tool for offsetting potential losses in volatile markets.
- Trailing Stop
- No
- Scalping
- Yes
- Rapid-fire trading strategy supported here. Allows placing rapid trades within very short timeframes to exploit small market fluctuations.
FP Markets Awards
Industry recognition earned by FP Markets across trading, technology, and customer service.
Best Global Forex Value Broker Award at the Global Forex Award held in Limassol, Cyprus
2019Forex and CFDs broker with the ├óÔé¼┼ôBest for Quality of Trade Execution in 2019├óÔé¼┬Ø
2020Apps
Mobile and desktop trading apps are now a standard expectation for online brokers, and for good reason. Whether checking markets while away from a computer, monitoring your portfolio on the move, or looking for a more responsive interface, the quality of a broker's apps matters for anyone who trades away from a fixed workstation.
Good mobile trading apps provide access to everything available on the web or desktop version, including full order management, charting tools and live pricing, and full control over account settings and funding. Leading brokers also support fingerprint or face ID for fast authentication, real-time alerts for trade updates and price movements, and responsive mobile interfaces built for phones and tablets.
When trading across phone, tablet, and desktop, broad app availability keeps everything accessible regardless of which device you are using. Below we detail the mobile and desktop app support offered by FP Markets.
- Windows App
- Yes
- FP Markets offers a Windows desktop application, providing a full-featured client outside the browser.
- Mac App
- Yes
- FP Markets supports macOS with a dedicated desktop app.
- Linux App
- No
- FP Markets does not provide a native Linux client. Browser access is the recommended option for Linux users.
- iOS App
- Yes
- FP Markets offers a native iOS app, available from the App Store.
- Android App
- Yes
- FP Markets offers a native Android application, available for Android phones and tablets.
Fees
Key Takeaway
Commission: N/A. Min spread EUR/USD: N/A. Inactivity fee: No.
FP Markets is an online brokerage, and many online brokerages generally charge lower costs than traditional brokerages. This is largely because online brokers operate at much greater scale, and are therefore not constrained by physical branch networks or the number of their customer base.
That said, this doesn't mean online brokers do not charge fees. Broadly speaking, there are two primary types of charges to be aware of: trading costs and non-trading charges.
Trading costs are applied whenever you execute a trade, for example purchasing or selling a stock, forex pair, or CFD. Trading fees usually consist of spreads, commissions, or overnight funding charges. A spread is the gap between the bid and ask price. Commission charges are often fixed or calculated from the traded volume. Financing charges are charged when you keep a position open for more than one day.
Non-trading charges relate to activities unrelated to trading itself, including depositing and withdrawing funds, periods of inactivity, or FX conversion. Non-trading fees differ considerably from broker to broker and are worth checking for those not regularly monitoring their portfolio. Below we detail the key charges for FP Markets.
- Minimum Deposit
- $100
The lowest initial deposit accepted by FP Markets. This amount lowers the barrier to entry for retail traders and beginners getting started.
- Withdrawal Fees
- No
- FP Markets does not charge for withdrawals. Profits and capital can be moved out free of charge, a clear benefit for active traders.
- Deposit Fees
- Yes
- Deposit charges are applicable at FP Markets. Rates differ depending on how you fund your account, so review the pricing page before adding funds.
- Inactivity Fees
- No
- FP Markets does not charge for account dormancy. Funds are not deducted if you take a break from trading, making this broker a good fit for less active traders.
- CFD Fees
- Yes
- Fees apply on CFD positions, usually as a spread and an overnight funding rate. Rather than a flat commission, costs are reflected in the spread and financing rate.
What Can You Trade With FP Markets in 2026?
Note: FP Markets offers many different trading instruments due to regulatory restrictions in some countries. Trading instruments offered can differ depending on the country of residence of the client.
FP Markets has a wide variety of over 100 instruments available for you to trade with.
If trading currency pairs is of interest to you then FP Markets offer over 60 currency pairs.
Compare FP Markets, Pepperstone, ThinkMarkets below.
| FP Marketslearn more about FP Markets | learn more about Pepperstone | ThinkMarketslearn more about ThinkMarkets | |
|---|---|---|---|
| Platforms | MT4, MT5, cTrader, MT4, MT5, IRESS, Mac, Web Trader, Tablet & Mobile apps | MT5, cTrader, MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps | MT4, MT5, MT4, MT5 and ThinkTrader |
| Instruments Available | 100 | 100 | 3500 |
| Forex & Crypto | |||
| Forex Pairs Available | 60 | 70 | 46 |
| Offers Major Forex Pairs? | No | No | No |
| Offers Minor Forex Pairs? | No | No | No |
| Offers Exotic Forex Pairs? | No | No | No |
| Offers Cryptocurrencies? | No | No | No |
| Commodity CFD's | |||
| Commodities Offered | 18 | 16 | 11 |
| Trade Metals? | No | No | No |
| Trade Energies? | No | No | No |
| Trade Agricultural? | No | No | No |
| Indices & Stock CFDs | |||
| Stocks Offered | 10000 | 60 | 1550 |
| Trade UK Shares? | No | No | No |
| Trade US Shares? | No | No | No |
| Trade German Shares? | No | No | No |
| Trade Japanese Shares? | No | No | No |
| Visit FP Markets website Losses can exceed deposits | Visit Pepperstone website CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 78.6% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money | Visit ThinkMarkets website 71.89% of retail investor accounts lose money when trading CFDs with this provider. | |
Education
Key Takeaway
Demo account: Yes. Educational videos: N/A.
The quality of a broker's educational offering matters more than many traders realise, especially for those building their knowledge or exploring new trading strategies. Brokers that provide strong learning content show a genuine focus on client development, and are often better placed to support traders over the long term.
Well-rounded broker education usually includes market structure, technical and fundamental analysis, and the practicalities of managing a trading account, available in formats ranging from articles and video tutorials to live and recorded webinar sessions. Interactive content such as webinars and Q&A sessions adds real value, giving traders the chance to interact directly with experienced analysts and educators. Below we outline the education offering at FP Markets.
- Forex Education
- No
- Specific forex learning content is not offered. Those new to forex may find it useful to supplement their learning with third-party resources.
- CFD Education
- Yes
- Learning resources covering CFD trading are available, covering CFD mechanics, how margin works, the role of leverage, and the importance of risk management.
- Weekly Webinars
- Yes
- Live webinar sessions are held on a weekly basis, often focusing on market outlook, strategy discussions, and key economic events for the week ahead.
- Beginner Videos
- No
- Introductory trading videos are not offered. Those starting out should consider supplementing with third-party beginner content.
- Regular Client Webinars
- No
- Ongoing live sessions for clients are not currently part of the offering. Those who value regular live interaction with market professionals should factor this in.
Research Tools
- Daily Market Commentary
- Yes
- A regular daily briefing is available, summarising important market developments and outlining what to watch in the session ahead.
- Forex News
- No
- Forex-specific news content is not provided. Those relying on timely forex news may wish to supplement with an external source.
- Economic Calendars
- Yes
- Access to a scheduled economic events calendar is provided, showing key scheduled events such as interest rate decisions, GDP releases, and employment data, typically with forecasts and prior readings.
- Trading Central
- Yes
- Access to Trading Central analytical tools is included, offering automated technical analysis, key support and resistance levels, and trade signals generated by an independent research firm.
- Autochartist
- No
- Autochartist automated chart analysis is not integrated. Those who use Autochartist as part of their analysis process should note this is not offered.
Deposits & Withdrawals
Key Takeaway
Min deposit: $100. Methods: N/A.
Deposit and withdrawal options are a practical yet sometimes undervalued consideration when choosing an online broker. How quickly and cheaply you can fund your account and access your profits is just as relevant as spreads and platform quality, especially if you trade actively or are sensitive to transaction charges.
Common deposit and withdrawal options across retail brokers include bank wire transfers, Visa and Mastercard, and digital wallets like PayPal, Skrill, and Neteller. Wire transfers are generally reliable but slower, whereas cards and e-wallets are often processed faster, a clear advantage when you need funds available quickly. Below we detail the deposit and withdrawal options supported by FP Markets.
- Bank Transfer
- Yes
- Wire transfer funding is available. Bank transfers are generally reliable but slower than card or e-wallet options, which makes them more suitable for larger transfers where processing speed is less critical.
- Credit Card
- Yes
- Deposits and withdrawals by Visa or Mastercard are available, usually processed more quickly than bank wire transfers. Most card transactions are credited quickly, which makes this one of the most straightforward ways to deposit.
- PayPal
- Yes
- PayPal is accepted as a funding method, providing quick transfers and a widely trusted e-wallet option for traders who prefer not to share card details directly.
- Skrill
- Yes
- Skrill e-wallet transfers are available, providing a popular alternative to card payments, particularly for traders in regions where card options may be more restricted.
- Neteller
- Yes
- Neteller e-wallet funding is available, offering a fast and established digital payment option that is well-known in the online trading industry.
Customer Support
Customer support is one of those broker attributes that rarely matters until it really does. Whether it is a technical problem, a question about your account, or an urgent trading matter, how quickly and effectively you can get help matters a great deal.
Good support should be accessible in a number of ways, such as live chat for quick answers, phone for direct conversations, and email for detailed enquiries. Support in multiple languages is increasingly important for international clients, as it ensures traders can communicate effectively regardless of their location. Below we detail the customer support options offered by FP Markets.
- Live Chat
- Yes
- Real-time chat support is offered, connecting traders directly with the support team for immediate help with account, platform, or general trading questions.
- Phone Support
- Yes
- Phone support is offered, giving clients the option to speak with a person directly for time-sensitive or detailed queries.
- Email Support
- Yes
- Support by email is offered, useful for detailed questions, account documentation, or matters that do not require an immediate response.
- Languages
- Not available
The range of languages supported across the platform and support channels. Multi-language availability is particularly important for traders who prefer to operate in their native language.
Frequently Asked Questions — FP Markets
- Can I try FP Markets before I deposit?
Absolutely! FP Markets provides a free demo account, allowing you to explore the platform using virtual funds before committing real money.
When you sign up for a demo account with FP Markets, you are given a set amount of virtual funds to trade with. This lets you build confidence in the platform and test your trading strategies without any financial risk.
With a FP Markets demo account you can open and close positions, try different strategies, and familiarise yourself with the trading environment for as long as you need.
- Is FP Markets safe?
FP Markets is regulated by Australian Securities and Investment Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC). Regulated brokers must comply with strict financial conduct rules including client fund segregation, capital adequacy requirements, and regular reporting to their licensing authority. This significantly reduces the risk to traders compared to unregulated providers.
FP Markets also offers negative balance protection, meaning your account cannot fall below zero.
- Why does FP Markets ask for my passport?
When you open a live account with FP Markets, they are required to verify your identity. This is a regulatory requirement known as KYC — Know Your Customer.
Because large sums of money move through financial platforms, regulated brokers must ensure they are not facilitating money laundering or fraud. Providing a copy of your passport or government-issued ID is standard practice across the industry and helps FP Markets remain compliant with their licensing obligations.
- How can I start trading with FP Markets?
Getting started with FP Markets is straightforward. Visit the FP Markets website and complete the registration form with your personal details. You will then need to go through the standard KYC (Know Your Customer) verification process.
Once your account is verified, you can make your first deposit. The minimum deposit for a live account is $100. You should have a good understanding of online trading before committing real money, as losses can exceed deposits.
If you are new to trading, the best way to start is by opening a demo account first to practise without financial risk before switching to a live account.
- Is my money safe with FP Markets?
FP Markets is regulated by Australian Securities and Investment Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC) and is required to hold client funds in segregated accounts, separate from the company's own operating funds. This means your capital is protected even in the unlikely event that the broker faces financial difficulties.
FP Markets also protects client data using SSL encryption. Always ensure you are accessing FP Markets through their official website.
- Is FP Markets regulated?
Yes, FP Markets is regulated by Australian Securities and Investment Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC). Regulated brokers are required to segregate client funds, meet minimum capital requirements, and adhere to conduct standards set by their licencing authority.
- Is FP Markets legit?
Yes, FP Markets is a legitimate broker. The company was established in 2005 and is headquartered in Australia, and is regulated by Australian Securities and Investment Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC).
FP Markets operates with transparency and you will not encounter hidden costs or misleading practices that are characteristic of fraudulent platforms.
- Is FP Markets a scam?
No, FP Markets is not a scam. They are regulated by Australian Securities and Investment Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC) and must adhere to their rules and conduct standards. This makes it safe to say that FP Markets is not a fraudulent platform.
- Is FP Markets a good broker?
FP Markets offers a range of features including MetaTrader 4 (MT4), MetaTrader 5 (MT5), and cTrader trading platforms, multiple payment methods, and a free demo account.
Whether FP Markets is the right broker for you depends on your individual trading needs, experience level, and the markets you want to access. We recommend comparing FP Markets with alternative brokers to find the best fit.
- Is FP Markets a trustworthy broker?
Yes, FP Markets is a trustworthy broker. Their operations are regulated by Australian Securities and Investment Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), meaning they must meet strict financial conduct standards.
FP Markets has 10,000+ registered users.
- What is the minimum deposit for FP Markets?
The minimum deposit to open a live account with FP Markets is $100. This is the lowest amount required to start trading with real money. Always check the FP Markets website for the most current requirements.
- How long do FP Markets withdrawals take?
Withdrawal processing times at FP Markets vary depending on the method used. Typically, withdrawals are processed within 1–3 business days, though bank transfers can take up to 7 working days to appear in your account.
Withdrawals are available in the following currencies: USD, GBP, AUD, EUR, NZD, CHF, ZAR, SGD, JPY, CAD.
FP Markets does not charge withdrawal fees.
- When was FP Markets founded?
FP Markets was founded in 2005 in Australia. They are regulated by Australian Securities and Investment Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC).
- How many people use FP Markets?
FP Markets is a globally recognised broker with 10,000+ registered customers.
- Where is the FP Markets head office?
FP Markets has its head office in Australia. Their registered address is: First Floor, First St. Vincent Bank Ltd Building, James Street, Kingstown, St. Vincent and the Grenadines.
- Which countries does FP Markets support?
FP Markets operates globally. However, due to regulatory restrictions, FP Markets cannot accept clients from: BR,KR,IR,IQ,SY,JP,US. If you are unsure whether FP Markets accepts clients from your country, check directly with the broker before opening an account.
- Can you make money with FP Markets?
Many traders use FP Markets to trade the financial markets, and some do generate consistent returns. However, trading financial instruments — particularly leveraged products such as CFDs — carries a high risk of loss.
While FP Markets provides the tools and platforms to trade, they cannot guarantee profits. You should ensure you understand how the products you are trading work and that you can afford to bear the risk of potential losses.
Losses can exceed deposits
- Does FP Markets have fees?
FP Markets requires a minimum deposit of $100 to open a live account. Trading fees typically include spreads and, in some cases, overnight financing charges on leveraged positions.
Any fees charged by your bank or payment provider for deposits and withdrawals are your responsibility. Check the FP Markets fee schedule on their website for full details.
- What trading platforms does FP Markets offer?
FP Markets offers MetaTrader 4 (MT4), MetaTrader 5 (MT5), and cTrader, alongside MT4, MT5, IRESS, Mac, Web Trader, Tablet & Mobile apps. MetaTrader platforms support automated trading via Expert Advisors and custom indicators.
- Does FP Markets offer a demo account?
Yes, FP Markets offers a free demo account, allowing traders to practise with virtual funds before committing real money. This is particularly useful for newcomers or anyone who wants to evaluate the platform before depositing.
- Does FP Markets offer negative balance protection?
Yes, FP Markets offers negative balance protection. This means your account balance cannot fall below zero, even in highly volatile market conditions. In such situations, FP Markets will reset your account balance to zero rather than leaving you with a debt to the broker.
- Does FP Markets offer guaranteed stop loss?
FP Markets does not currently offer guaranteed stop loss orders. Standard stop loss orders are available, but these may not protect against market gaps. Traders who require guaranteed stops should consider this when evaluating the platform.
- Does FP Markets allow scalping?
Yes, FP Markets allows scalping. Scalping is a short-term, high-frequency trading strategy where traders open and close multiple positions in quick succession to capture small price movements. FP Markets supports this via MetaTrader 4 (MT4), MetaTrader 5 (MT5), and cTrader.
- Does FP Markets allow hedging?
Yes, FP Markets allows hedging. Hedging is the practice of opening positions in opposite directions simultaneously to reduce exposure to market risk.
- Does FP Markets offer copy trading or social trading?
Yes, FP Markets offers both copy trading and social trading. Copy trading allows you to automatically mirror the positions of experienced traders, while social trading lets you follow and engage with other traders on the platform.
- What funding methods does FP Markets accept?
FP Markets accepts the following funding methods: bank transfer, credit and debit card, PayPal, Skrill, and Neteller. Processing times and any applicable fees may vary by method.
- Does FP Markets accept bank transfers?
Yes, FP Markets accepts bank transfers for depositing funds. Bank transfers are one of the most secure methods of funding a trading account, though they typically take 1–5 business days to process.
- Does FP Markets accept credit cards?
Yes, FP Markets accepts credit and debit cards for depositing funds. Card deposits are typically processed instantly, making them one of the fastest ways to fund your account.
- Does FP Markets accept PayPal?
Yes, FP Markets accepts PayPal as a deposit method. PayPal provides a quick and secure way to fund your trading account without sharing your bank or card details directly with the broker.
- Does FP Markets accept Skrill?
Yes, FP Markets accepts Skrill for depositing funds.
Skrill (formerly Moneybookers) is a digital wallet provider established in 2001 that operates in over 120 countries and supports more than 40 currencies. Funds deposited via Skrill are typically processed instantly. Skrill is regulated by the Financial Conduct Authority and the Central Bank of Ireland for its European activities.
- Does FP Markets accept Payoneer?
No, FP Markets does not currently accept Payoneer. Please check the FP Markets website for available payment methods.
- Does FP Markets accept Neteller?
Yes, FP Markets accepts Neteller for depositing funds. Neteller is a widely used e-wallet service that allows quick and secure deposits to trading accounts.
- Does FP Markets offer live chat support?
Yes, FP Markets offers customer support through live chat. This provides quick access to the support team for account questions, platform assistance, and general queries.
- Does FP Markets offer phone support?
Yes, FP Markets offers customer support by telephone. You can reach them on +44 28 2544 7780.
- Does FP Markets offer email support?
Yes, FP Markets offers customer support by email. You can contact them at supportteam@fpmarkets.com. Email is best for non-urgent queries, documentation submissions, or detailed account questions.
- What languages does FP Markets support?
Information on supported languages at FP Markets is not currently listed. Please check the FP Markets website or contact their support team directly.
- Does FP Markets have a Wikipedia page?
Yes, FP Markets has a Wikipedia page. You can view it here: https://en.wikipedia.org/wiki/First_Prudential_Markets