Available Assets
Fees & Commission
Trading Platform
Tools and Features
Licensing & Regulation
Educational Materials
Account Types
Customer Support
Deposits & Withdrawals
A TopBrokers360 FP Markets Review for 2026
FP Markets, established in 2005, is an Australian broker offering forex and CFD trading through MetaTrader, cTrader, and Iress platforms. Its Raw ECN account provides ultra-competitive spreads starting from 0.0 pips, ideal for cost-conscious traders.
The broker supports 10,000+ tradeable symbols via the Iress platform, though this is mostly suited to shares trading and comes with higher fees. MetaTrader and cTrader remain the primary platforms for forex and CFD traders, with support for TradingView and Autochartist.
FP Markets is regulated by top-tier authorities including ASIC and MiFID in the EU, ensuring a trusted trading environment. Educational content is growing, with webinars, articles, and video lessons available, though it is more limited compared to industry leaders.
Pros and Cons
Pros:
- Ultra-competitive spreads on Raw ECN account
- Supports MetaTrader, cTrader, TradingView, Autochartist
- Access to 10,000+ tradeable symbols via Iress
- Social copy trading via MetaTrader signals market
- Recognized Best in Class for MetaTrader, Algo Trading, and Fees
Cons:
- Mobile app lacks advanced charting and tools
- Research and educational content trails industry leaders
- Iress platform fees can be high for non-active traders
Trading Platforms and Technology
FP Markets provides a diverse suite of trading platforms designed to cater to both beginner and professional traders, offering advanced charting tools, technical indicators, and comprehensive market insights. Traders can access the global financial markets via MetaTrader 4 (MT4), MetaTrader 5 (MT5), Iress, WebTrader, cTrader, TradingView, and the FP Markets Mobile App, ensuring flexibility and convenience across desktop, web, and mobile devices.
MetaTrader 4 (MT4) remains one of the most popular trading platforms worldwide for Forex and CFDs. MT4 offers 30 technical indicators, 31 graphical objects for chart patterns, nine timeframes, single backtesting, and four order types. It is particularly valued for its user-friendly interface, ultra-fast execution, and support for Expert Advisors (EAs) and algorithmic trading.
MetaTrader 5 (MT5) provides a more advanced and faster trading experience, featuring 38 technical indicators, 44 graphical objects, 21 timeframes, multiple backtesting options, Depth of Market (DOM) functionality, and support for both MQL4 and MQL5 programming languages. MT5 is designed for traders who require multi-threaded performance and sophisticated analysis tools.
Iress is an award-winning Australian fintech platform that offers multi-asset trading, global market access, and a highly intuitive interface. With Iress, traders can navigate 130+ financial markets efficiently, with features like risk management tools, smooth navigation, and compatibility with both PC and Mac.
TradingView is ideal for traders who value advanced charting and community insights, offering over 400 built-in indicators, real-time order book depth, seasonality charts, live alerts, and daily trade ideas. Access is available via web, desktop, and mobile.
WebTrader allows traders to trade without downloading any software, providing one-click trading, demo accounts, and live account access. The Mobile App enables trading on the go with a simple, easy-to-use interface, personalized favorites menu, and access to over 10,000 financial instruments, including Forex, CFDs, and stocks.
FP Markets also supports automated trading and social/copy trading, along with VPS hosting, economic calendars, Forex calculators, and technical analysis tools such as Autochartist and Myfxbook AutoTrade. The platforms are secured with 128-bit encryption, offer real-time price streaming, and provide access to the MetaTrader Market and MQL community for additional resources.
Image Source: FP Markets Trading Platforms
Platforms Overview
- MetaTrader 4 & 5: Robust charting, Autochartist, copy trading
- cTrader: ECN-focused trading, tight spreads
- TradingView: Charting for Raw account users
- Iress: Over 10,000 symbols, share-focused
- Autochartist plugin and FX Blue Trader Toolbox integration
- MetaTrader signals market for social copy trading
- Mobile apps for iOS and Android with price alerts and basic charting
Instruments
FP Markets provides a broad range of tradeable instruments across MetaTrader and Iress platforms.
CFD Instruments:
- Forex Pairs: 71
- Indices: 12
- Metals: 4
- Cryptocurrencies (CFDs only): Yes
- Commodities: 3
- Shares: 10,000+ (Iress)
Trading Accounts
FP Markets offers multiple account types to suit different trading styles:
- MetaTrader Accounts: Standard (spread-only, higher spreads), Raw ECN (commission-based, lower spreads)
- Iress Accounts (Australia): Standard (AUD 1,000), Platinum (AUD 25,000), Premier (AUD 50,000), and Investor (low-cost, limited features)
- Demo Accounts: Available for MT4, MT5, and cTrader
Compliance with Regulatory Standards
FP Markets is highly trusted with a Trust Score of 89. It holds licenses with ASIC (Australia) and is regulated in the EU via MiFID. The broker has additional Tier-2 and Tier-4 licenses, offering a secure trading environment.
Payment Methods
- FP Markets supports multiple deposit and withdrawal methods including:
- PayPal
- Skrill
- Bank Wire
- Minimum deposit: $100 AUD
- Mobile app deposits supported
Support
FP Markets offers support across multiple channels. While research and educational content are somewhat limited, customer service is reliable.
- Email: [email protected]
- Telephone: +61 2 8252 6800
Speed, Leverage, and Trading Efficiency at Scale
FP Markets’ standout feature is its ultra-low spreads, particularly on the MetaTrader and cTrader platforms. This makes it an attractive choice for active forex and CFD traders who are looking to minimize trading costs without compromising on execution quality. Combined with its robust trading tools, access to a wide range of instruments, and reliable platform performance, FP Markets delivers a trading experience tailored to both cost-conscious and performance-focused traders.
Ultra-low spreads for forex and CFD traders on MetaTrader and cTrader
Image Source: FP Markets Homepage
Conclusion
FP Markets stands out as a cost-competitive broker for forex and CFD traders, particularly through its MetaTrader and cTrader platforms. Its Raw ECN account offers ultra-low spreads starting from 0.0 pips, making it ideal for active traders and those seeking minimal trading costs. The broker’s extensive range of instruments—over 10,000 tradeable symbols via the Iress platform—caters well to share traders, although these accounts may involve higher fees and are better suited for high-balance or active investors.
While FP Markets’ research and educational offerings have improved over time, they remain more limited compared to industry leaders such as IG or Admirals. Traders can access webinars, articles, and video lessons through the FP Markets Academy, and social copy trading is available via MetaTrader signals market. For forex-focused traders, MetaTrader remains the primary choice due to its superior platform tools, charting, and trading flexibility.
Overall, FP Markets provides a reliable, regulated, and trusted trading environment with a strong emphasis on competitive pricing and platform versatility. It is best suited for traders who prioritize low-cost trading and a broad range of forex and CFD instruments, while those seeking in-depth research and advanced educational content may need to supplement with external resources.
Frequently Asked Questions
1. What account types are available at FP Markets?
- MetaTrader Accounts: Standard (spread-only) and Raw ECN (commission-based, lower spreads)
- Iress Accounts (Australia): Standard (AUD 1,000), Platinum (AUD 25,000), Premier (AUD 50,000), and Investor (low-cost, limited features)
- Demo Account: Available for MT4, MT5, and cTrader for risk-free practice trading.
2. What is the minimum deposit?
The minimum deposit for MetaTrader and cTrader accounts is $100 AUD. For Iress accounts, minimum deposits vary: Standard (AUD 1,000), Platinum (AUD 25,000), and Premier (AUD 50,000).
3. Does FP Markets offer a demo account?
Yes. FP Markets provides a free demo account (paper trading) with no minimum deposit, allowing traders to practice on MT4, MT5, and cTrader using real-time market conditions.
4. Which trading platforms are supported?
FP Markets supports:
- MetaTrader 4 (MT4) & MetaTrader 5 (MT5)
- cTrader
- TradingView (for Raw account holders)
- Iress platforms: Trader, Investor, and ViewPoint
5. What instruments can I trade?
FP Markets offers a wide range of instruments:
- Forex pairs: 71
- Indices: 12
- Metals: 4
- Cryptocurrencies (CFDs): Yes
- Commodities: 3
- Shares: 10,000+ via Iress platform
6. Are cryptocurrency CFDs available?
Yes, cryptocurrency CFDs are available, but FP Markets does not offer trading of underlying crypto assets. Note: Crypto CFDs are not available to retail traders in the U.K.
7. What are FP Markets’ spreads?
- Raw ECN account: From 0.0 pips (all-in effective spread ~0.9 pips including $6 commission per round-turn lot)
- Standard account: Average EUR/USD spread 1.3 pips
- Iress accounts: Variable based on account type, generally higher for Standard and lower for Premier accounts
8. How can I deposit and withdraw funds?
- PayPal
- Skrill
- Bank Wire
Deposits and withdrawals are processed efficiently, with the MetaTrader and cTrader platforms supporting mobile deposits as well.
9. Is FP Markets regulated?
Yes. FP Markets is regulated by top-tier authorities:
- ASIC (Australia)
- MiFID (EU)
It holds additional Tier-2 and Tier-4 licenses, giving it a Trust Score of 89/99.
10. Does FP Markets provide educational resources?
Yes. FP Markets offers educational content through its FP Markets Academy and YouTube channel, including:
- Webinars and video lessons
- Articles on Forex 101, trading strategies, and market analysis
- Podcasts (limited and mostly archived) While improving, its educational offerings are still less extensive than leading brokers.