Broker Review · last checked July 2, 2026
FP Markets Review
FP Markets operates as a long-established CFD and forex broker across multiple entities, claiming regulation in various jurisdictions. This review focuses on verifiable aspects: legal documents, platform availability, minimum deposit, and key checks before opening an account.
- Official legal documents and regulation pages reviewed
- Minimum deposit and funding details checked on the broker site
- Regulator and corporate-status sources prioritized
- Page last checked July 2, 2026
FP Markets at a glance
Listing status: Eligible For Top Lists · regulated, fca, cysec, asic
Our verdict
FP Markets is a regulated multi-entity CFD and forex broker offering broad platform options and a publicly stated $100 minimum deposit for Standard and Raw MT4/MT5 accounts. However, regulation and protections differ by entity and jurisdiction. Prospective clients should verify the exact entity on their application, confirm the relevant regulator, and review fees and withdrawal terms before funding an account.
Who this broker suits
- Traders who want multiple platform choices
- Users who value current public regulation evidence
- Account hunters comparing entity-specific onboarding terms
- Traders who want a broker with clear legal-document access
- You want a broker that accepts US residents
- You do not want to verify the exact legal entity before funding
- You need a simple one-entity, one-jurisdiction broker profile
- You are looking for a safety guarantee rather than a comparison review
Entity and regulation table
| Entity / brand | Regulatory status | Regulator / register | Evidence notes |
|---|---|---|---|
| First Prudential Markets Pty Ltd | Authorised investment firm | ASIC public register / FP Markets | AFSL 286354; ABN 16 112 600 281. Listed by FP Markets as ASIC-regulated. |
| First Prudential Markets Ltd | Authorised investment firm | CySEC public register / FP Markets | CySEC licence 371/18; company no. HE 372179. Listed by CySEC and FP Markets. |
| FP Markets (Pty) Ltd | Authorised financial services provider | FSCA reference via FP Markets | FSP 50926. Listed by FP Markets as authorised and regulated in South Africa. |
| First Prudential Markets Limited | Authorised by Seychelles FSA | FP Markets legal pages | Licence SD130. Listed by FP Markets as regulated by the Seychelles FSA. |
| FP Markets Ltd | Registered company, not licence claim | FP Markets legal pages | Saint Lucia registration 2025-00853. FP Markets says this entity operates the website. |
| FP Markets brand website | Broker website / support centre | Official website | Website states FP Markets operates through multiple entities; verify the contracting entity at onboarding. |
Key facts table
| Item | Publicly stated detail | Reader note |
|---|---|---|
| Founded / brand history | FP Markets says the brand was established in 2005 | Brand-history claims should be read alongside the exact legal entity you open. |
| Minimum deposit | $100 USD or equivalent for Standard and Raw MT4/MT5 accounts | Check whether your account type or region has a different requirement. |
| Platforms | MT4, MT5, cTrader, TradingView | Platform support is a strong public feature but still entity-dependent. |
| Deposit fees | FP Markets FAQ says no deposit fees | Withdrawal or method-related charges may still apply. |
| Funding methods | Cards, bank transfer, Skrill, Neteller; one FAQ version also mentions Bitcoin wallet | Always verify the live funding page for your region. |
| Negative balance protection | FP Markets’ Brazil FAQ states it offers negative balance protection | Verify whether this applies to your specific entity and account type. |
| Country restrictions | FP Markets says it does not offer services to residents of several jurisdictions, including the US and UK | Eligibility must be checked on the regional site and application flow. |
Facts here are based on public broker pages and should be rechecked if your account is not under the same regional entity.
Alternatives to FP Markets
| Broker | Comparison score | Regulator signals | Platforms | Why compare | Review |
|---|---|---|---|---|---|
 XTB | 75.5 | FCA, CySEC, KNF | xStation, xStation mobile app | Readers who want a broker with publicly disclosed multi-jurisdiction regulation, Users who value transparent fee pages and entity-level lega | Read review |
 Capital.com | 73.5 | CySEC, Securities Commission of The Bahamas | Proprietary web platform, Mobile app, TradingView | Readers who want a broker with clear public legal-entity and regulator disclosures, Users looking for a proprietary web/mobile platform plus | Read review |
 Colmex Pro | 70 | Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (South Africa) | Colmex Pro 2.0, MT4, Web Trader | Readers who want a CySEC-listed broker with publicly verifiable entity details, Traders comparing U.S. equities-focused platforms and MT4 av | Read review |
 CMC Markets | 69.5 | FCA | Next Generation, MT4, MT5 | Traders who want a well-documented broker with clear public legal disclosures, Users who value proprietary platform depth alongside MT4/MT5 | Read review |
 Interactive Brokers | 68 | SEC, FINRA | IBKR Desktop, IBKR Mobile, Trader Workstation (TWS) | Experienced traders who want a broad platform lineup, Users who value detailed public disclosures, Clients who want multiple funding and acc | Read review |
Alternatives are sorted by the TopOnlineForexBrokers comparison score as of July 2, 2026. The score is not a safety guarantee.
External rating snapshot
| Source | Original score | Normalized out of 10 | Context |
|---|---|---|---|
| No two citeable third-party numeric ratings found in the supplied research set | External sentiment snapshot not included because the review should not infer sentiment without current, citeable rating sources. |
External ratings are not regulatory evidence. If you add third-party scores later, show each source, the original metric, and the normalized value transparently.
Overview
FP Markets presents itself as a global broker group with publicly available legal documents, platform information, and a regulation page listing ASIC, CySEC, FSCA, and Seychelles FSA, alongside a Saint Lucia registration. It operates through several entities, meaning client protections vary depending on jurisdiction and the specific entity used. The main point for traders is straightforward: FP Markets is well-documented publicly, but safety hinges on the entity, your location, and the applicable regulatory framework.
Pros and cons
Pros include clear legal documentation; multiple platforms such as MT4, MT5, cTrader, and TradingView; a clearly stated $100 minimum deposit on public FAQs; and public statements on segregation and investor compensation fund coverage for the Cyprus entity. On the downside, the multi-entity structure requires confirmation of which firm you engage with; funding and withdrawal conditions may change; and marketing claims about awards should not be taken as proof of robust client protection.
Safety and regulation
FP Markets’ public regulation details show the group operates under ASIC in Australia, CySEC in Europe, FSCA in South Africa, and Seychelles FSA, with a Saint Lucia registration. The group page lists First Prudential Markets Pty Ltd (ASIC AFS Licence No. 286354) and First Prudential Markets Ltd (CySEC Licence No. 371/18), noting segregated accounts and investor compensation up to EUR 20,000 for Cyprus clients. A separate page confirms the broker does not serve residents of the United States, the United Kingdom, and several other jurisdictions. Because multiple entities are involved, you should confirm regulation at account opening rather than assume coverage from the brand alone.
Fees, account types and platforms
According to public FAQs, the minimum deposit for Standard and Raw MT4/MT5 accounts is $100 USD or equivalent. FP Markets states no deposit fees on FAQs, but its transaction-fees page and client agreement warn that withdrawal or other charges may apply depending on the method, account type, or circumstances. Legal documents and group pages confirm access to MT4, MT5, cTrader, and TradingView. For traders, the key fee considerations include spreads, commissions, and how deposit and withdrawal costs are handled in practice.
Deposits and withdrawals
Accepted deposit methods listed in FAQs include cards, bank transfers, Skrill, Neteller, and one FAQ version mentions Bitcoin wallet funding. Online payments can be instant, while bank transfers may take several days. Although deposit fees are not charged according to FAQs, transaction-fees and legal documents caution that terms may change and withdrawal fees might apply in some cases. Confirm the available payment options and withdrawal policies for your entity before transferring funds.
Country availability caveat
FP Markets’ group page states it does not serve residents of certain jurisdictions, including the United States and the United Kingdom, and references sanctions-related restrictions. These lists can change, so do not rely solely on the brand page to determine eligibility. The real test is whether the broker accepts clients from your country on the relevant regional site and if the entity you apply with is authorised to serve you.
Alternatives to compare
When comparing FP Markets to other brokers, focus on regulator, entity name, platform options, deposit and withdrawal policies, and investor compensation in your jurisdiction. Consider ASIC-regulated brokers if you are in Australia, CySEC-regulated brokers in the EU, and those publishing clear execution and funding terms. Also check if your preferred platform—MT4, MT5, cTrader, or TradingView—is supported and whether the account types you want are available.
Common questions
Is FP Markets safe?
FP Markets publishes multiple regulation and legal-document pages, which is reassuring. However, safety depends on the specific entity, your country, and the protections covering your account. Its multi-entity setup means you should confirm the legal entity before funding.
What is FP Markets’ minimum deposit?
The public FAQ states the minimum deposit for Standard and Raw MT4/MT5 accounts is $100 USD or equivalent.
Which platforms does FP Markets support?
Legal and regulation pages list MT4, MT5, cTrader, and TradingView as supported platforms.
Does FP Markets charge deposit fees?
The FAQ says no deposit fees are charged. However, transaction-fees and legal documents note funding and withdrawal terms can change and some charges may apply in certain situations.
Which payment methods does FP Markets accept?
Public FAQs mention cards, bank transfers, Skrill, Neteller, and one mentions Bitcoin wallet funding. Check the live funding page for your region before depositing.
Does FP Markets accept clients from the United States?
FP Markets’ group page states it does not serve US residents. Still, verify the current country policy on the regional site before applying.
What should I check before opening an FP Markets account?
Confirm the exact legal entity, its regulator, platform and account type, deposit and withdrawal rules, and any country restrictions affecting your residency.
Check the details yourself
These are the pages we relied on. Read them before you open an account or send money anywhere.