FP Markets Broker Review
FP Markets is an Australian-based forex and CFD broker founded in 2005 with a strong track record and multiple regulatory licenses. Regulated by ASIC (Australia), FSCA (South Africa), and CySEC (Cyprus), FP Markets offers institutional-grade trading conditions to retail traders.
Key Facts
- Founded: 2005
- Regulation: ASIC, FSCA, CySEC, CMA
- Minimum Deposit: $100
- Platforms: MT4, MT5, cTrader, TradingView, IRESS
- Instruments: Forex, Stocks, Indices, Commodities, Crypto, ETFs, Bonds
Trading Conditions
FP Markets is known for its ultra-low spreads, starting from 0.0 pips on Raw accounts with a commission of $3 per lot per side. The Standard account offers spread-only pricing from 1.0 pip. With access to deep liquidity from Tier-1 banks, traders benefit from fast execution and minimal slippage.
Deposits and Withdrawals
FP Markets supports credit/debit cards, bank wire transfers, Neteller, Skrill, and crypto payments. There is no minimum deposit requirement for most account types, though $100 is recommended. Withdrawals are processed within 1-2 business days.
Verdict
FP Markets is an excellent broker for cost-conscious traders seeking tight spreads and fast execution. With strong ASIC regulation, a wide range of platforms including cTrader, and over 10,000 tradable instruments, it is a top choice for active forex and CFD traders.
