- Spread:
- 1.0 - 1.5
- Deposit:
- $100
Broker Alarab ReviewAccounts, costs and regulation
FP Markets Review
Review Summary
Overview of FP Markets
FP Markets offers Standard and Raw accounts with MT4, MT5 and cTrader options for forex and CFD trading. Standard uses spread-based pricing, while Raw adds commission on relevant instruments. The choice matters for scalpers and automated traders who need to compare trading costs as well as platform tools and strategy compatibility.
For FP Markets Raw commission or minimum deposit, assess the applicable charges for the full trade on your instrument and platform. Forex pricing should not be applied automatically to indices or other markets. Check funding and withdrawal methods, plus any swap-free charges or conditions. Available products, leverage and protection depend on the entity serving you.
Key Strength
Standard and Raw accounts with multiple trading platforms
Key Consideration
Available products and regulatory entities vary according to country of residence
Who Is It Best For?
- Scalpers
- Algorithmic traders
- Raw-spread traders
- cTrader users
Who May It Not Suit?
- Residents of restricted countries
- Traders wanting fixed spreads
- Passive investors
- Clients avoiding commission calculations
Broker Alarab’s view on FP Markets
FP Markets offers Standard and Raw accounts alongside MT4, MT5, cTrader and TradingView, giving active traders a flexible environment for scalping, automated strategies and advanced chart analysis.
It is relevant to traders comparing low-spread or commission-free structures, although product availability, funding methods and the regulatory entity assigned to the client depend on the country of residence.
Rating Breakdown
Each category is rated out of 5.How FP Markets performs across safety, trading costs, platforms, deposits and withdrawals, and customer support, with each category rated out of 5.
Safety & Regulation4.6 / 5
Fees & Spreads4.55 / 5
Trading Platforms4.65 / 5
Deposits & Withdrawals4.25 / 5
Customer Support4.2 / 5
Main Advantages
5Raw Spread pricing starts from 0.0 pips with a clearly stated commission
FP Markets supports MT4, MT5, cTrader and TradingView
Broad CFD market access across forex, shares, indices and commodities
Standard and Raw accounts both require a $100 minimum deposit
cTrader provides Level II pricing and advanced order tools
Main Disadvantages
3The $100 deposit is higher than some low-entry brokers
Raw accounts charge a commission in addition to the spread
TradingView execution requires a linked cTrader account
Account Types at FP Markets
Compare the accounts and tap an account name for more details.Compare the available account conditions and open an account page to review its full details.
- Accounts
- 2
- Lowest Deposit
- $100
- Spread:
- 0.0 - 0.3
- Deposit:
- $100
Review the account conditions, availability, and trading costs before registering.
Open an Account with FP MarketsLicenses & Safety at FP Markets
FP Markets operates through entities that include First Prudential Markets Pty Ltd, authorised by ASIC under licence number 286354, and FP Asset Management Cyprus Ltd, regulated by CySEC under licence number 371/18. The group also has entities connected to the FSCA in South Africa and the FSA in Seychelles, allowing it to provide services across different international markets. ASIC and CySEC licences support the group’s overall regulatory profile, but an account opened with a Seychelles or South African entity may be subject to different leverage limits, investor-protection arrangements and complaint procedures. Available instruments, funding methods and certain account features may also vary according to the legal company serving the client. Before choosing FP Markets Standard or Raw accounts, or trading through MT4 or MT5, traders should verify the responsible entity and its licence number. This makes it possible to compare execution costs and commissions with the applicable level of regulatory oversight instead of assuming that all FP Markets clients receive the same protection.
- Number of licenses
- 4
- Top regulator
- ASIC
- Last verified
- 2026-09-15
- Status
- All active
ASICActiveAustralia286354
Active
Australian Securities and Investments Commission
- Country
- Australia
- Legal entity
- First Prudential Markets Pty Ltd
CySECActiveCyprus371/18
Active
Cyprus Securities and Exchange Commission
- Country
- Cyprus
- Legal entity
- FP Asset Management Cyprus Ltd
FSAActiveSeychellesSD130
Active
Financial Services Authority Seychelles
- Country
- Seychelles
- Legal entity
- First Prudential Markets Limited
Client Fund Protection
FP Markets states that eligible client funds are held in segregated bank accounts under the requirements of the regulatory entity responsible for the account. Negative balance protection may also be available under the conditions applied by certain FP Markets group companies, helping eligible clients limit liability resulting from a negative trading-account balance. Client-money rules, investor compensation arrangements and complaint procedures may differ between the ASIC-regulated Australian entity, the CySEC-regulated European entity and international entities supervised by FSCA or FSA. Traders should match the legal company and licence number in their client agreement with the relevant regulatory register before transferring funds.
Fees & Trading Costs
A clear overview of FP Markets’s spreads, commissions, and potential trading costs.
Pricing Summary
- Lowest Spread
- 0.0 - 0.3
- Commission Structure
- 1 commission-based account
Trading Fees Explained
FP Markets offers two core pricing models. Standard uses commission-free spreads around 1.0–1.4 pips, while Raw delivers tighter 0.0–0.3 pip pricing with a $6-per-lot commission.
Both accounts start from $100 in our comparison, making pricing style the key difference. Raw is better suited to scalping and active trading, while Standard provides simpler spread-only costs. Swaps and final expenses vary by instrument and holding period.
Read more +Show less −
FP Markets offers two core pricing models. Standard uses commission-free spreads around 1.0–1.4 pips, while Raw delivers tighter 0.0–0.3 pip pricing with a $6-per-lot commission.
Both accounts start from $100 in our comparison, making pricing style the key difference. Raw is better suited to scalping and active trading, while Standard provides simpler spread-only costs. Swaps and final expenses vary by instrument and holding period.
Deposits & Withdrawals
Funding Summary
- Payment Methods
- 6
- Minimum Deposit
- $100
- Funding Score
- 4.25 / 5
- Withdrawal Speed
- One business day for e-wallets, longer for cards and bank transfers
Deposit & Withdrawal Details
FP Markets supports bank transfers, Visa and Mastercard, PayPal, Skrill, Neteller, cryptocurrency payments, and other methods available for the client's region. Supported currencies, transaction limits, and specific funding options depend on the account entity and country, so clients should confirm the available methods in the secure portal.
Skrill and Neteller withdrawals are often processed within one business day, while card withdrawals and bank transfers can take several business days to arrive. Intermediary banks, payment-provider schedules, and security reviews may extend the final delivery time or create charges outside FP Markets.
FP Markets applies a return-to-source policy as part of its anti-money-laundering controls. The deposited amount is generally returned through the original payment method first, while profits or excess funds may be sent through another approved method held in the verified account holder's name.
Read more +Show less −
FP Markets supports bank transfers, Visa and Mastercard, PayPal, Skrill, Neteller, cryptocurrency payments, and other methods available for the client's region. Supported currencies, transaction limits, and specific funding options depend on the account entity and country, so clients should confirm the available methods in the secure portal.
Skrill and Neteller withdrawals are often processed within one business day, while card withdrawals and bank transfers can take several business days to arrive. Intermediary banks, payment-provider schedules, and security reviews may extend the final delivery time or create charges outside FP Markets.
FP Markets applies a return-to-source policy as part of its anti-money-laundering controls. The deposited amount is generally returned through the original payment method first, while profits or excess funds may be sent through another approved method held in the verified account holder's name.
Supported Payment Methods
- Bank transfer
- Visa / Mastercard
- PayPal
- Skrill
- Neteller
- Cryptocurrency
Trading Platforms
A closer look at the trading platforms offered by FP Markets and the overall platform experience.
Platform Access
- Available Platforms
- MT4
- MT5
- cTrader
- TradingView
- Trading Tools
- 6 tools available
- Best For
- Scalping and automated trading
Trading Platform Experience
FP Markets combines MetaTrader 4, MetaTrader 5, cTrader, and TradingView, with access available across desktop, web, and mobile devices. This range lets traders choose between the familiar MetaTrader environment, the cTrader interface, and TradingView tools for charting, analysis, and trade execution.
MT4 and MT5 support custom indicators and Expert Advisors, while cTrader provides algorithmic-trading and depth-of-market tools. TradingView adds advanced charting and direct integration for eligible accounts. The lineup can suit scalping, automated trading, and detailed analysis, although certain platforms and features depend on the account, entity, and region.
Read more +Show less −
FP Markets combines MetaTrader 4, MetaTrader 5, cTrader, and TradingView, with access available across desktop, web, and mobile devices. This range lets traders choose between the familiar MetaTrader environment, the cTrader interface, and TradingView tools for charting, analysis, and trade execution.
MT4 and MT5 support custom indicators and Expert Advisors, while cTrader provides algorithmic-trading and depth-of-market tools. TradingView adds advanced charting and direct integration for eligible accounts. The lineup can suit scalping, automated trading, and detailed analysis, although certain platforms and features depend on the account, entity, and region.
Available Trading Tools
- Expert Advisors
- cTrader Automate
- TradingView integration
- Level II pricing
- Autochartist
- Trading Central
Download MetaTrader Platforms
Final Verdict
Overall Rating
4.45 / 5
Final Verdict
Very Good
Our verdict on FP Markets
Overall, FP Markets is well suited to active traders, scalpers and users of automated strategies who want a choice between Standard and Raw pricing. Support for MT4, MT5, cTrader and TradingView provides flexibility for execution, charting and Expert Advisor workflows. Its strongest appeal is to traders who compare spreads and commissions as a total cost. Availability is not identical in every market, so clients should verify the legal entity, product range, funding options and Islamic-account terms before registration.
Read more +Show less −
Overall, FP Markets is well suited to active traders, scalpers and users of automated strategies who want a choice between Standard and Raw pricing. Support for MT4, MT5, cTrader and TradingView provides flexibility for execution, charting and Expert Advisor workflows. Its strongest appeal is to traders who compare spreads and commissions as a total cost. Availability is not identical in every market, so clients should verify the legal entity, product range, funding options and Islamic-account terms before registration.
Key Strength
Standard and Raw accounts with multiple trading platforms
Main Limitation
Available products and regulatory entities vary according to country of residence
Frequently Asked Questions
What is the real difference between FP Markets Standard and Raw accounts?
Standard uses spread-only pricing starting around 1.0 pip. Raw starts from 0.0 pips and charges approximately $6 per standard lot round turn, making it more relevant to active traders.
Is the FP Markets Raw account always cheaper than Standard?
Not always. Traders must combine the live spread and commission. Raw can be cheaper for scalping and frequent trading, while Standard may be simpler for less active strategies.
Is FP Markets a true ECN broker?
FP Markets provides raw-style pricing and liquidity-based execution commonly associated with ECN trading. However, the ECN label alone does not guarantee lower costs; spread, commission and execution quality matter more.
Why are FP Markets Iress accounts not listed with its forex accounts?
Standard and Raw are the main forex and CFD accounts used with MT4 and MT5. Iress accounts relate to selected share-trading services and are not the same account category.
Is FP Markets suitable for scalping and Expert Advisors?
Yes. FP Markets supports MT4, MT5 and cTrader, including algorithmic trading and scalping. The Raw account is usually the most relevant option, provided commission is included in the cost calculation.
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Can traders open an FP Markets account from every country?
No. FP Markets does not accept residents of certain restricted jurisdictions. Traders should check current country restrictions and the legal entity available to them before registering.
How does FP Markets return funds during a withdrawal?
Anti-money-laundering rules generally require deposited funds to return to the original funding source first. Profits may then be paid through another approved method owned by the client.
Is the FP Markets Islamic account completely free of holding charges?
An Islamic account is available by request, but administrative charges may apply to certain instruments or positions held beyond a specified period.
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Risk Warning
The information on this page is provided for educational and informational purposes only and does not constitute financial or investment advice. Broker Alarab does not provide trading services or hold client funds. Trading forex, CFDs and other leveraged products involves a high level of risk and may not be suitable for all investors. You may lose part or all of your invested capital. Trading conditions, leverage and investor protection may vary according to the broker, regulatory entity and client jurisdiction.