FPMarkets Review by - TopAsiaFX
FP Markets, originally based in Australia, has established itself as one of the most trusted and secure brokerage companies in the realm of online trading. Since its inception in 2005, this widely-known brokerage firm has been headquartered in Sydney, catering to traders from around the globe.
FP diligently adheres to the stringent regulations enforced by two esteemed bodies: the Australian Securities and Investments Commission (ASIC) and the Cyprus Securities and Exchange Commission (CySEC), exemplifying their commitment to transparency and security.
Furthermore, FP has garnered renown for its notable accolades and an extensive array of trading instruments, encompassing over 13,000 offerings. Engaging in Forex, CFD, Commodities, Indices, Cryptocurrencies, and more, their comprehensive range of trading accessories is unmatched.
FPMarkets Pros & Cons
Pros
- Founded in 2005, regulated in Tier-1, Tier-2, and Tier-4 jurisdictions.
- Offers MetaTrader, cTrader, TradingView, and competitive spreads on Raw ECN.
- Won Best in Class for MetaTrader and Best Low Spread Brokers in 2025.
- Access to Iress platform with 10,000+ tradeable symbols.
Cons
- New mobile app lacks key features.
- Educational content is limited but improving.
- Their Iress platform is share-focused with high data fees for low-volume traders.
- Social Trading lacks advanced metrics.
FPMarkets Account Types
| Accounts | Currencies | Min. Deposit | Leverage | Starting Spreads | Demo Account | Rollover Free | Commission | Max. Lot Size | Min. Lot Size |
|---|---|---|---|---|---|---|---|---|---|
| Forex Account (Standard Account) | 70+ Forex pairs, metals, indices, commodities | $100 AUD or equivalent | 1:500 | From 1.0 pips | Yes | Yes | Zero | 1:500 | 0.01 Lot |
| Forex Raw Account | 70+ Forex pairs, metals, indices, commodities | $100 AUD or equivalent | 1:500 | From 0.0 pips | Yes | Yes | USD $3 per side | 1:500 | 0.01 Lot |
| Islamic Standard Account | 70+ Forex pairs, metals, indices, commodities | $100 AUD or equivalent | 1:500 | From 1.0 pips | Yes | Yes | Zero | 1:500 | 0.01 Lot |
| Islamic Raw Account | 70+ Forex pairs, metals, indices, commodities | $100 AUD or equivalent | 1:500 | From 0.0 pips | Yes | Yes | USD $3 per 100,000 | 1:500 | 0.01 Lot |
Account Options
| Broker Type | Minimum Deposit | Forex Majors Spread | Maximum Leverage | Min. Trade Size | Scalping | Hedging | Free Demo | USA Traders |
|---|---|---|---|---|---|---|---|---|
| ECN, STP | $100 | N/A | 1:500 | 0.1 lots | Yes | Yes | Yes | No |
FPMarkets Trading Platforms & Fees
Regulation
- ( ASIC & CySEC. )
Fees
- Yes
Platforms
- MT4, MT5, cTrader, WebTrader, IRESS
When it comes to trading, the right tools can make all the difference. That's why FP believes in harnessing the power of cutting-edge technology to provide traders with the best and most innovative trading platforms.
Trading platforms serve as the foundation for a brokerage's success and reputation. They are the key to reaching new heights in the trading world. FP, being one of the most renowned brokerages of our time, understands this well and has invested its heart and soul into offering the latest and greatest trading platforms.
Let's take a quick look at the range of trading platforms FP has to offer.
MetaTrader 4 ( Both desktop and mobile )
Key specifications of MT4:
MetaTrader 5 ( Both desktop and mobile )
Key specifications of MT5:
FPMarkets Top Features
FP Markets has gained recognition not only for its regulatory compliance but also for its comprehensive range of trading instruments. With over 13,000 trading products available, the company caters to the diverse needs of traders. Whether you're interested in forex, CFDs, commodities, indices, cryptocurrencies, or other trading options, FP Markets has you covered.
FPMarkets Regulation & Compliance
FP Markets is probably one of the most secure brokerage companies that are currently working on a global basis. One of the key factors that sets FP Markets apart is its stringent regulatory oversight. The company operates under the supervision of two highly reputable regulatory bodies, namely the Australian Securities and Investments Commission (ASIC) and the Cyprus Securities and Exchange Commission (CySEC). These regulatory authorities ensure that FP Markets adheres to strict financial standards, offering traders a safe and secure trading environment. The Australian high-end brokerage First Prudential Markets is regulated by the following:
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The ASIC ( Australian Securities and Investments Commission )
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The AFSL ( Australian Financial Services License ) under license number 286354
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The CySEC ( Cyprus Securities and Exchange Commission ) is under license number 371/18.
FP is audited by BDO Australia, which is an external Australian independent auditor, and the client funds are also HEAVILY isolated through the AAA-rated banks. For example, you can assume the National Australia Bank or Commonwealth Bank of Australia.
FPMarkets Service Details
| Supported Languages | EN, IT, AR, DE, UK, CN, CZ, GR, KE, ES, BR, CA, FR, KO, PL, IE, PT, ID, VI, TH, ZA |
| Customer Service By | Live Chat, Email, Call, Social |
| Service Hours | 24/7 |
| Email Response | supportteam@fpmarkets.com |
FPMarkets Trading And Investment Tools
| One Click Trading | Yes |
| Stop Order | Yes |
| Limit Order | Yes |
| Trade off Charts | No |
| Market Order | Yes |
| 24hr Trading | Yes |
| Email Alerts | Yes |
| Trailing Stop Order | Yes |
| Charting Package | Yes |
| Mobile Alerts | Yes |
| OCO Orders | Yes |
| Streaming News Feed | Yes |
FPMarkets Deposit & Withdrawal
Deposit Methods
Withdrawl Methods
FPMarkets User Experience
Deposit and Withdrawal Options:
FP Markets has made its deposit and withdrawal process pretty easier compared to its other competitors. You'll be getting a lot of transaction methods to choose from while making a deposit.
Which includes Debit-credit cards, BPay, Neteller, PayPal, Skrill, PayTrust, FasaPay, Ngan Luong, Broker to Broker, and much more!
Note: While depositing, FP Markets requires a minimum amount of 50$ to a maximum amount of over 10,000$ for the globally made deposits.
And, as for withdrawals, you can withdraw your capital from FP within a day or sometimes it requires more than 1 day.
Moving on, FP charges fees on withdrawal such as 10$ for bank wire, $18 for Online Pay, 1,000 VND + 1% for Ngan Luong, 2% on both Netteler and PayPal, 0.5% on FasaPay, 1.5% on PayTrust. Besides, the card payments are free.
Customer Support:
It is customer support that is considered as one of the most crucial features that put a broker ahead in the race to attain more fame. And, FP also has worked its way through with 24/7 available customer support.
It gets even better!
FP's customer support also ensures a multi-language service. Therefore, you'll be getting English, Arabic, German, Greek, Indonesian, Malaysian, Portuguese, Russian, French, Spanish, Italian, Vietnamese, and Thai.
You can contact them 24/7 via:
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E-mail: support@fpmarkets.com
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Telephone (AUS): 1300 376 233, (02) 8252 6800
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Telephone (Int.): +61 (0)2 8252 6800
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Fax (Aus.): (02) 8252 6899
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Fax (Int): +61 (0)2 8252 6899
Research & Education
Thinking about all the traders, FP has put together several education resources in one particular place so that the traders can learn every required factor about the Foreign exchange market.
They are providing:
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Platform tutorial videos
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Trading E-Books
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Significant Webinars
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High-quality blog post...... and much more!
Besides, if you're unable to find those then go to the 'Resources' toolbar's 'Education' and you'll see everything is listed there.
FAQ Section
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