FP Markets Review 2026
ASIC and CySEC regulated Australian ECN broker with 10,000+ instruments, raw spreads from 0.0 pips, and a low $100 minimum deposit since 2005.
Min Deposit
$100
Spreads From
0.0 pips
Max Leverage
1:30
Platforms
4
Pros
- ASIC and CySEC regulated since 2005
- 10,000+ instruments
- Competitive ECN raw spreads
- MT4, MT5 and IRESS platforms
- Free VPS for automated trading
Cons
- Not available in USA/Canada
- Commission structure on Raw account adds to costs
- Platform variety can be overwhelming
FP Markets (First Prudential Markets) is a well-established Australian broker founded in 2005 and regulated by ASIC in Australia and CySEC in Cyprus. With nearly two decades of operation, FP Markets has built a strong reputation for competitive ECN pricing and a broad instrument range.
The broker provides access to over 10,000 instruments including 60+ forex pairs, stocks, indices, commodities, metals, energies, and cryptocurrencies. FP Markets supports MetaTrader 4, MetaTrader 5, Iress (for share trading), and the IRESS ViewPoint platform for institutional clients, offering one of the most comprehensive platform selections available.
FP Markets' Raw account delivers interbank spreads from 0.0 pips with commissions from $3 per lot per side, while the Standard account offers commission-free trading from 1.0 pips. The broker also provides free VPS hosting for automated traders and an extensive educational centre with regular webinars and market analysis.
Standard
Raw
60+ currency pairs available for trading
Regulation, fund safety, track record
Spreads, execution, leverage
Platform quality, charting, features
Analysis, webinars, learning materials
Support quality, responsiveness
Mobile app quality, features
Regulators
Platforms
- ASIC (Australia)
- CySEC (Cyprus)
- FSCA (South Africa)
- FSA (St Vincent)
