CFDs are complex instruments and carry a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and can afford the risk of losing your money.
Last updated: 10 July 2026
FP Markets is a well-regulated, execution-focused broker offering Raw spreads from 0.0 pips, a $100 minimum deposit, and support for MT4, MT5, cTrader, and TradingView across 10,000+ instruments. Strong for algorithmic and active traders thanks to free VPS and unrestricted EA use, though its Standard account spreads trail the tightest competitors and its research/proprietary tools are lighter than some rivals.
Visit brokerFounded in 2005 and headquartered in Sydney, Australia, FP Markets offers Forex, Indices, Commodities, Metals, Share CFDs, ETFs, Bonds, Cryptocurrency CFDs trading via MT4, MT5, cTrader, TradingView, WebTrader, mobile app.
Ready to try FP Markets?
Open an accountRegulatory coverage varies by entity — some licenses (for example, FCA in the UK) may apply only to institutional or professional clients, while retail clients are onboarded under an offshore entity (such as Seychelles or Mauritius). Offshore entities typically offer negative balance protection but not the investor compensation schemes that come with EU/UK-regulated accounts. Confirm which entity you are being onboarded under before depositing.
| Account | Min deposit | Spread from | Commission |
|---|---|---|---|
| Standard | $100 | ~1.0 pip | None |
| Raw | $100 | 0.0 pips | $3/lot/side ($6 round turn) |
| Iress (AU only) | $1,000 | N/A | Per-share commission |
Maximum leverage: Up to 1:500 (international entities); capped at 1:30 under ASIC/CySEC retail rules
Available platforms: MT4, MT5, cTrader, TradingView, WebTrader, mobile app. Free VPS hosting and copy trading may also be available for active traders — check current eligibility requirements on the broker's site.
No deposit, withdrawal, or inactivity fees charged directly by FP Markets, though third-party payment providers or banks may apply their own charges. Most e-wallet and crypto withdrawals process instantly to within one business day; bank transfers may take longer.
Ready to try FP Markets?
Open an accountFP Markets suits traders who want tight Raw-account pricing, algorithmic/EA flexibility, and free VPS hosting without a high entry deposit. Its broad instrument range (10,000+ CFDs) and four-platform support (MT4, MT5, cTrader, TradingView) make it versatile, though the Standard account's spreads run behind the tightest competitors like IC Markets. Clients from the US, Japan, and a small number of other restricted jurisdictions cannot open accounts — confirm current eligibility for your country before signing up.
$100 for both the Standard and Raw accounts. The Iress account (Australian clients only) requires $1,000.
Yes, primarily by ASIC (Australia) and CySEC (Cyprus), with additional regional entities regulated in South Africa, Mauritius, Seychelles, and Kenya.
Yes. FP Markets allows scalping, hedging, and Expert Advisors across MT4, MT5, and cTrader, and offers free VPS hosting to qualifying accounts for low-latency execution.
No. FP Markets' regulators restrict traditional deposit bonuses. It instead offers a Refer-a-Friend cash program with its own eligibility conditions.
FP Markets' account opening is fully digital, requiring standard KYC documents. User reports suggest individual accounts with clean, matching documentation are often approved quickly, sometimes within a day.
FP Markets supports four major platforms — MT4, MT5, cTrader, and TradingView — though it doesn't offer its own proprietary platform. TradingView is available only on the Raw account. Independent testers have rated TradingView as the most user-friendly option among FP Markets' platform choices during hands-on testing.
The Raw account delivers on its promise: spreads from 0.0 pips plus a $3 per lot per side commission ($6 round turn), with independent live testing confirming pricing consistently near published minimums during London and New York sessions. The Standard account embeds costs into a wider spread — commonly cited around 1.0 to 1.1 pips on EUR/USD — which trails the tightest competitors like IC Markets on Standard-tier pricing specifically.
FP Markets fully supports Expert Advisors, scalping, and hedging across MT4, MT5, and cTrader, and offers free VPS hosting alongside tools like Autochartist and Myfxbook Autotrade — a genuinely strong setup for algorithmic strategies.
FP Markets charges no deposit or withdrawal fees, and supports an unusually wide range of funding methods including cryptocurrency. Most e-wallet and crypto transactions process quickly, often within an hour; bank transfers take longer depending on your bank.
Support is available via live chat and email, generally rated responsive and helpful in independent reviews, alongside a solid education library for newer traders.
Beyond spreads and Raw account commissions, FP Markets charges no inactivity or account maintenance fees. Overnight positions incur standard swap fees (waived on Islamic swap-free accounts), and share CFDs traded on MT5 carry their own commission structure.
Against IC Markets, FP Markets offers a lower $100 minimum deposit and a broader instrument range, but IC Markets edges it on Standard-account spread tightness. Against Pepperstone, the two are similarly matched on regulation and algo-trading support, with Pepperstone offering marginally wider platform integration (its own proprietary app) versus FP Markets' broader raw asset coverage.
FP Markets is a solid, well-regulated choice for algorithmic and cost-conscious traders who want tight Raw-account pricing without a high deposit barrier. Its lack of a proprietary platform and slightly wider Standard-account spreads are the main trade-offs versus the tightest competitors in this comparison.
CFDs are complex instruments and carry a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and can afford the risk of losing your money.