FP Markets review

EU/EEA licence Australia Forex / CFD Founded 2005 Reviewed 30 September 2026
66
Good protectionProtection Score out of 100. See breakdown

Australian broker with raw-spread accounts; EU clients are served by First Prudential Markets Ltd in Cyprus.

Headquarters
Australia
Founded
2005
Type
Forex & CFD brokers
Licences on record
4 (1 European)
EU client entity
First Prudential Markets Ltd (CySEC)
Platforms
MetaTrader 4, MetaTrader 5, cTrader, TradingView
Products
Forex, CFDs
Website
fpmarkets.com

Strengths

  • Established in 2005
  • Raw-spread accounts on MT4, MT5, cTrader and TradingView
  • CySEC-licensed EU entity

Watch-outs

  • International business also runs through offshore entities
  • Limited proprietary tools

Overview

FP Markets was founded in Sydney in 2005 and serves active retail traders with ECN-style pricing.

Which entity serves you

EU residents are served by First Prudential Markets Ltd, licensed by CySEC. The group's other entities include ASIC (Australia), FSCA (South Africa) and an FSA Seychelles licence for international clients. Our older site listed FP Markets; this profile replaces that page.

Platforms and products

MetaTrader 4 and 5, cTrader and TradingView, with standard and raw-spread accounts on forex, indices, commodities, shares and crypto CFDs.

Our view

A capable, cost-focused broker for active traders – as long as you are with the EU entity.

Licences on record

Brands often operate several companies. The one that onboards you depends on where you live, and that company's regulator decides your protection. Confirm the entity on the official register before you deposit.

RegulatorJurisdictionTypeCheck it
CySEC Cyprus Securities and Exchange Commission Cyprus EU/EEA – passportable Official register
ASIC Australian Securities and Investments Commission Australia Non-European Regulator website
FSCA Financial Sector Conduct Authority South Africa Non-European Regulator website
FSA Seychelles Financial Services Authority (Seychelles) Seychelles Offshore Regulator website

What protection would you get?

If you are a retail client of FP Markets's European entity, these safeguards apply by law. Which one applies to you depends on the entity you sign with.

Via a CySEC-licensed entity
Cyprus · EU member state

Verify FP Markets yourself

  1. Find the exact company name in the footer of the website and in the client agreement you are asked to sign.
  2. Search that name on the register of the regulator listed for your country (links above). Make sure the register shows the same website domain.
  3. Check warning lists for look-alike names: IOSCO I-SCAN covers alerts from regulators worldwide.
  4. Never download remote-access software or move money because someone "from the broker" phoned you. How clone-firm scams work.

Protection Score breakdown

FactorPoints
Holds at least one European licence (EU/EEA, UK or Swiss)+40
ESMA/FCA retail protections available (leverage caps, negative balance protection, compensation scheme)+15
Supervised in 2 strong jurisdictions+4
Operating for 21 years+7
Total66/100

The score measures structural protection from licences and corporate facts, not costs, service or platform quality. A high score does not mean a firm is right for you. Methodology.

Trader experiences

No verified experiences yet. Have you used FP Markets? Share what happened with deposits, withdrawals, execution and support.

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About this data

Profile type: reviewed profile. Licence data is from our research and has not yet been re-checked against every register; confirm it on the official register before relying on it. Last updated 30 September 2026.

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