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FP Markets Review 2026

FP Markets is a globally recognized forex and CFD broker founded in 2005, with a reputation built on tight pricing, fast execution, and an unusually wide choice of professional trading platforms. In this review by ProbabaFX, we will cut through any contradictory statements you may encounter elsewhere online. We will review and provide a balanced viewpoint so you can make an educated decision regarding FP Markets.

Executive Summary 

Overall Rating: ⭐⭐⭐⭐ 4.6 / 5

  • Best for: Active forex & CFD traders, scalpers, algorithmic traders, and platform-driven traders
  • Not ideal for: Long-term buy-and-hold investors seeking direct asset ownership
  • Core strengths: Raw pricing, execution quality, platform diversity, global regulation
  • Main caveat: Protections and leverage vary by entity; most products are CFDs (derivatives)


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1. What FP Markets Is — and What It Is Not

FP Markets is a multi-asset online brokerage offering access primarily to Forex and Contracts for Difference (CFDs). Its business model focuses on providing institutional-style trading conditions to retail and professional traders via third-party platforms.

FP Markets is:

  • A broker optimized for active and technical traders
  • A strong choice for low-cost forex trading
  • Platform-agnostic, letting traders choose how they trade
  • A beginner-friendly broker as they offer educational seminars, online trading courses and guides

FP Markets is not:

  • A traditional investment broker offering widespread direct ownership of stocks/ETFs
  • A broker built around a proprietary, closed ecosystem

2. Trust, Regulation & Safety

FP Markets operates through multiple regulated entities, which means client protections depend on your region and the entity you register under.

Regulatory Oversight (by entity)

FP Markets entities are regulated by:

  • ASIC (Australia) – strict financial oversight
  • CySEC (European Union) 
  • FSCA (South Africa)
  • CMA (Kenya)
  • FSRA (Saint Lucia) 
  • SCA Category 5 (UAE)
  • FSA (Seychelles) – used for many international clients

What This Means for Traders

  • Legitimacy: FP Markets is not a fly-by-night broker; it has over two decades of operational history and multi-jurisdiction regulation
  • Entity matters: Leverage limits, negative balance protection, and compensation schemes vary
  • Best practice: Always confirm the legal entity name during account opening

3. Markets & Instruments Offered

FP Markets offers broad CFD market access:

  • Forex: 70+ major, minor, and exotic pairs
  • Indices: Global indices (US, Europe, Asia)
  • Commodities: Gold, silver, oil, agricultural products
  • Cryptocurrencies (CFDs): Major crypto pairs
  • Shares & ETFs (CFDs): Thousands of global equities (mainly via MT5 & Iress)

 NB: Most instruments are CFDs, meaning you trade price movements, not ownership of the underlying asset.

4. Account Types & Minimum Deposit

Standard Account

  • Tight spreads
  • Simpler cost structure
  • Suitable for lower-frequency traders

Raw Account

  • Spreads from 0.0 pips
  • Commission charged per lot
  • Designed for scalpers, day traders, and algo traders
  • Typically lower all-in trading costs for active strategies

Minimum deposit: Usually $100 (or currency equivalent)

5. Fees, Spreads & True Trading Costs

FP Markets’ pricing is one of its strongest competitive advantages.

Trading Costs

  • Raw account: Ultra-tight spreads + fixed commission
  • Standard account: Spread-only pricing
  • Swap/financing fees: Apply to overnight positions (market-standard)

Non-Trading Costs

  • No widely reported inactivity fees
  • Some withdrawal methods may incur third-party or bank fees
  • Currency conversion fees may apply depending on funding method

NB: For active traders, Raw accounts are often cheaper overall despite commissions.

6. Trading Platforms (One of FP Markets’ Biggest Strengths)

FP Markets supports more professional platforms than most retail brokers, allowing traders to choose based on strategy and workflow.

       

MetaTrader 4 (MT4)

  • Industry classic for forex trading
  • Massive EA and indicator ecosystem
  • Simple and lightweight

MetaTrader 5 (MT5)

  • Multi-asset trading
  • More order types and timeframes
  • Improved strategy tester

cTrader

  • Modern interface
  • Depth-of-market visibility
  • Excellent for scalping and execution-focused trading

TradingView 

  • Chart and trade directly  

  • Community ideas and alerts
  • Ideal for chart-centric traders

7. Client Portal & Account Management

FP Markets provides a modern Client Portal for:

  • Account creation and verification (KYC)
  • Deposits and withdrawals
  • Platform downloads and credentials
  • Trading Tools 
  • Account switching (demo/live)
  • Notifications and support access

The portal is functional, clean, and purpose-built for traders rather than casual investors.

8. Execution Quality & Trading Environment

Execution quality is consistently cited as a key strength.

  • Access to deep liquidity providers
  • Low latency and fast order fills
  • Generally stable spreads in normal market conditions

N.B: As with all brokers, slippage can occur during high-volatility news events.

9. Deposits & Withdrawals

  • Multiple funding options depending on region
  • Withdrawals usually processed through the client portal
  • Same-method withdrawal policies apply (AML compliance)
  • Processing speed is generally competitive, though bank transfers depend on intermediaries

10. Education, Research & Tools

FP Markets provides:

  • Online FP Markets Academy 
  • In-person Seminars for Beginner and Advanced Traders 
  • Webinars, Trading Courses, Trading Guides
  • Daily Market analysis by in-house Research Team 
  • Economic calendar
  • Platform tutorials

11. Customer Support

  • Live chat, email, and phone support
  • Available 24/7 and 40+ languages
  • Support quality often praised in user feedback (Trustpilot score of 4.8)

A strong but not overly flashy support operation—functional and professional.

12. Risks & Transparency

  • Most retail traders lose money trading leveraged CFDs
  • Higher leverage increases both profit potential and loss risk
  • Regulatory protections differ by entity
  • Traders should test with small capital before scaling

FP Markets does not remove trading risk; however, it provides the tools to manage it.

13. Who FP Markets Is Best For

Ideal Users

– Active forex and CFD traders
– Scalpers and algorithmic traders
– Traders who want platform choice
– Cost-conscious traders using Raw accounts

Not Ideal For

– Long-term investors seeking asset ownership
– Traders uncomfortable with leverage and derivatives

Conclusion

FP Markets has earned its place as a top-tier forex and CFD broker by focusing on what serious traders care about most: pricing, execution, and platform freedom. It does not try to be everything to everyone—and that clarity is a strength.

All content on ProbabaFX.net is handwritten by a writer, fact-checked by a member of our research team, and edited and published by an editor. Our ratings, rankings, and opinions are entirely our own and the result of our extensive research and decades of collective experience covering the forex industry.

Disclaimer: Trading involves risk, and past performance does not indicate future results. It’s important to conduct thorough research and seek professional advice before engaging in any trading activities.

In conclusion, FP Markets emerges as a trustworthy and user-friendly platform, catering to traders at all levels. With its diverse instruments, educational tools, and commitment to client satisfaction, it’s a platform worth considering. SIGNUP HERE

 

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