FP Markets Review 2026 — Pros, Cons & Key Testing Results

★★★★☆

4.9/5

Updated: June 2026

Min Deposit

$100

Max Leverage

1:500

EUR/USD Spread

From 0.0 pips

Commission

$3.00/side

Demo Account

Yes

Platforms

MT4/MT5/cTrader/Iress

Open Account

ASIC, CySEC, FSA

“FP Markets is FinVista World’s highest-rated ECN broker in 2026, combining ASIC+CySEC regulation with raw spreads from 0.0 pips, three leading platforms (MT4, MT5, cTrader), and access to over 10,000 instruments. Founded in Australia in 2005, FP Markets delivers institutional-grade conditions at retail-accessible pricing — making it the definitive choice for professional and semi-professional traders globally.”

FP Markets was founded in Sydney, Australia in 2005 and has steadily built a reputation as one of the most professional and transparent ECN brokers in the retail market. Unlike newer brokers that compete on bonuses, FP Markets focuses entirely on execution quality, pricing, and platform breadth. The result is a broker trusted by scalpers, algorithmic traders, and professional traders who demand the best possible trading environment. In 2026, FP Markets expanded its cryptocurrency CFD range and launched a refreshed FP Markets WebTrader with integrated Level 2 pricing — further cementing its position as a top-tier choice.

Pros and Cons

✅ Pros

Raw ECN from 0.0 pips + $3/side (industry best)
ASIC + CySEC dual Tier-1 regulation
MT4, MT5, AND cTrader simultaneously
10,000+ instruments (widest ECN offering)
24/7 customer support (rare for forex)
Professional Iress platform with DMA access
No deposit or withdrawal fees
Free Trading Central signals for all accounts

❌ Cons

$100 minimum deposit (higher than XM/Exness)
Iress platform requires $1,000+ deposit
No social/copy trading built-in
Bonuses not commonly offered

Safety and Regulation

FP Markets holds Tier-1 regulatory licenses from ASIC and CySEC — two of the world’s most respected financial regulators — ensuring strong client protection across all major markets.

Regulator	Jurisdiction	License / Notes
ASIC	Australia	License AFSL 286354 — Tier-1, segregated funds, negative balance protection
CySEC	Cyprus / EU	License 371/18 — EU MiFID II, ICF cover up to €20,000
FSA	Seychelles	License SD117 — International clients outside AU/EU coverage

Account Types

Account	Min Deposit	EUR/USD Spread	Commission	Best For
Standard Account	$100	From 1.0 pip	None (spread only)	Casual and beginner traders
Raw ECN (MT4/MT5)	$100	From 0.0 pips	$3.00/side	Scalpers, day traders, EAs, professionals
Raw ECN (cTrader)	$100	From 0.0 pips	$3.00/side	cTrader users, cAlgo algorithmic traders
Iress Account	$1,000	Market spread (DMA)	Equity-style commission	Professional stock/CFD traders with DMA access
Islamic (Swap-free)	$100	Same as account type	Same	Muslim traders — no time limit or admin fee

Markets and Assets

Asset Class	Examples	Notes
Forex	70+ currency pairs	Majors, minors, exotics with tight ECN pricing
Stock CFDs	10,000+ from global exchanges	ASX, NYSE, NASDAQ, LSE, HKEX, SGX listed companies
Indices	20+ global indices	S&P 500, Nasdaq, DAX, FTSE 100, ASX 200, Nikkei
Commodities	Gold, silver, platinum, oil (WTI & Brent), gas	Tight spreads on XAUUSD from 0.0 pips (raw)
Crypto CFDs	50+ crypto pairs	BTC, ETH, SOL, ADA, AVAX, DOT, MATIC + more (2026 expanded)
ETFs	Major US and global ETFs	SPY, QQQ, GLD, IWM as CFD instruments
Bonds	US T-Bond, Bund futures	Interest rate exposure via bond CFDs

Platform

Platform	Available	Notes
MetaTrader 4 (MT4)	Yes	Industry standard. Full EA, custom indicator support. Desktop/web/mobile.
MetaTrader 5 (MT5)	Yes	Advanced: DOM, more timeframes, stocks. Desktop/web/mobile.
cTrader	Yes	Best-in-class UX. Native cAlgo algorithmic trading. Depth of market.
Iress Trader	Yes	Professional DMA platform for direct market access stock/CFD trading ($1,000+ required).
FP Markets WebTrader	Yes	Refreshed 2026 proprietary browser platform with Level 2 pricing and one-click execution.
Mobile Apps	Yes	MT4, MT5, cTrader mobile apps on iOS and Android — all available.

Payment Methods

Method	Min Deposit	Processing
Credit/Debit Card (Visa/MC)	$100	Instant
Bank Wire Transfer	$100	1–3 business days
PayPal	$100	Instant
Skrill	$100	Instant
Neteller	$100	Instant
POLi (Australia)	$100	Instant
PayID (Australia)	$100	Instant
Cryptocurrency	$100	Minutes
Withdrawal	$100	1 business day (e-wallet) / 3–5 days (wire)

Should You Trade with FP Markets?

FP Markets earns a 4.9/5 — our highest score among all ECN brokers reviewed — from FinVista World in 2026. Its combination of raw ECN spreads from 0.0 pips, ASIC+CySEC regulation, four platform options including cTrader, 10,000+ instruments, and 24/7 support makes it exceptional value. If you are a serious trader — scalper, algo trader, or professional — FP Markets should be at the top of your shortlist in 2026.

FAQ

What spreads does FP Markets offer?

FP Markets Raw ECN accounts offer EUR/USD spreads averaging 0.0 pips with a commission of $3.00 per side ($6 round turn per standard lot). Standard accounts average 1.0-1.2 pips on EUR/USD with no commission. The Raw ECN account effective all-in cost of approximately 0.6 pips is among the most competitive in the retail market.

Does FP Markets support cTrader?

Yes. FP Markets offers cTrader alongside MT4 and MT5 — making it one of the few brokers to offer all three major platforms simultaneously. cTrader provides superior charting, native cAlgo algorithmic trading, and depth of market visibility. Raw ECN pricing is fully available on cTrader.

Is FP Markets safe for Australian traders?

Yes. FP Markets’ main entity (First Prudential Markets Pty Ltd) is regulated by ASIC with license AFSL 286354. This is one of the strictest regulatory environments in the world. Client funds are held in segregated accounts at top Australian banks. ASIC-regulated retail clients also benefit from negative balance protection.

FP Markets — Full Details

Instruments	Forex (70+), Stock CFDs (10,000+), Indices (20+), Commodities, Crypto CFDs (50+), ETFs, Bonds
Demo Account	Yes — unlimited demo account
Minimum Deposit	$100 (Standard/Raw) / $1,000 (Iress)
EUR/USD Raw Spread	0.0 pips average (Raw ECN accounts)
Commission (Raw)	$3.00 per side ($6 round turn per standard lot)
Max Leverage	1:500 (international/FSA) / 1:30 (ASIC/CySEC retail)
Regulation	ASIC (Australia), CySEC (Cyprus/EU), FSA (Seychelles)
Islamic Account	Yes — swap-free, no time limit, no admin fee
Customer Support	24/7 live chat, email, phone
Founded	2005, Sydney, Australia
Platforms	MT4, MT5, cTrader, Iress, FP Markets WebTrader