FP Markets review

3 licensed entities · fpmarkets.com

✓ Checked Oct 15, 2026

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Coinish Score

70/100

Forex in Australia

Editor Rating

4.4/5

Forex in Australia

Best rank

4 of 16

Forex in Australia

EUR/USD cost

0.6 pips

In short

Licensed by ASIC, FSCA and FSA Seychelles.
3 licensed companies, so the one you sign up with depends on where you live.
Offers forex, CFDs, with 10,000+ instruments.
Trade on MetaTrader 4, MetaTrader 5 and cTrader.
Offers a demo account.
Support by phone, live chat and email.

FP Markets also states a CySEC licence (entity and number not verified yet). We haven't verified which clients the Seychelles entity serves.

What it costs

EUR/USD all-in cost	0.6 pips, Raw (spread from 0.0 + $3 per lot each way)
Inactivity fee	None
Withdrawal fee	None
Minimum deposit	A$100 (First Prudential Markets Pty Ltd)

4.4/5

How we rated it · Forex in Australia (First Prudential Markets Pty Ltd)

Computed from verified facts only, with published thresholds. 100% of the rating weight is backed by data. Method →

Regulation & safety 25%
3.7
Trading costs 25%
4.7
Markets & products 15%
4.5
Platforms & tools 10%
5.0
Deposits & withdrawals 10%
4.5
Account options 5%
3.0
Support 10%
5.0

Moderate

Market Signal

✓ Real data

Computed from Ahrefs + Semrush data about FP Markets’s own website. Not an assessment of the broker itself: it makes up half of the Coinish Score and never changes the Editor Rating. How this works →

Market strength

Where it stands today

Momentum

63 Rising Fast ↑↑

Where it’s heading

Data confidence

Medium

How much to trust it

Traffic strength
47
Search visibility
56
Authority
51
Brand & market presence
51

Tick mark = category average.

Compared with 88 tracked trading platforms. Data through October 2026, pulled Nov 2, 2026.

Who holds your account

The company you sign up with depends on where you live. Its regulator decides your protections.

Entity	Regulator	Licence	Serves	CFD loss %
First Prudential Markets Pty Ltd	ASIC Tier 1	286354	Australia inferred from the licence	–
FP Markets (Pty) Ltd	FSCA Tier 2	FSP 50926	South Africa inferred from the licence	–
First Prudential Markets Limited	FSA Seychelles Tier 3 (offshore)	SD130	Client scope not verified	–

Entity

Regulator

Licence

Serves

CFD loss %

First Prudential Markets Pty Ltd

ASIC

Tier 1

286354

Australia

inferred from the licence

–

FP Markets (Pty) Ltd

FSCA

Tier 2

FSP 50926

South Africa

inferred from the licence

–

First Prudential Markets Limited

FSA Seychelles

Tier 3 (offshore)

SD130

Client scope not verified

–

Platforms, funding and support

Products	Forex, CFDs
Owner	FP Markets Group
Instruments	10,000+
Platforms	MetaTrader 4, MetaTrader 5, cTrader, TradingView, WebTrader
Deposit methods	Credit card, Debit card, Neteller, Skrill, BPAY, POLi, PayPal
Withdrawal time (stated)	processed within one business day
Demo account	Yes
Support	live chat, email, phone · 24/7

FP Markets ratings by country (2)

We rate FP Markets separately on each of the 2 country lists it appears on, based on the company that would hold your account there. The breakdown above is for its highest-rated one.

Country	Product	Entity	Access	Rating
Australia	Forex	First Prudential Markets Pty Ltd	Locally licensed	4.4/5
Australia	CFDs	First Prudential Markets Pty Ltd	Locally licensed	4.4/5

Country

Product

Entity

Access

Rating

Australia

Forex

First Prudential Markets Pty Ltd

Locally licensed

4.4/5

Australia

CFDs

First Prudential Markets Pty Ltd

Locally licensed

4.4/5

Compare FP Markets

How FP Markets stacks up against the brokers people most often weigh it against.

FP Markets vs Fusion Markets

Ready to look at FP Markets? Check which company would serve you before you open an account.

Visit FP Markets

Sources (22)

Licence / entity · regulator register · connectonline.asic.gov.au · Oct 7, 2026
“ASIC AFS licensee register (afs_lic_202610.csv): AFSL 286354 — FIRST PRUDENTIAL MARKETS PTY LTD, licensed since 31/05/2005”
Licence / entity · broker's own site · fpmarketspartners.com · Oct 13, 2026
“First Prudential Markets Pty Ltd, an ASIC regulated provider of Derivatives and Forex trading services (ABN 16 112 600 281, AFS License No. 286354)”
Licence / entity · broker's own site · fpmarketspartners.com · Oct 13, 2026
“FP Markets (Pty) Ltd, a Financial Services Provider authorised and regulated by the Financial Sector Conduct Authority in South Africa (FSP Number 50926)”
Licence / entity · broker's own site · fpmarketspartners.com · Oct 13, 2026
“First Prudential Markets Limited, an Investment Dealer Company regulated by the Financial Services Authority in Seychelles with License Number SD130”
Markets · broker's own site · fpmarkets.com · Oct 7, 2026
“10,000+ CFDs across Forex, Shares, Indices, Commodities, Bonds, ETFs, and Digital Currencies.”
Platforms · broker's own site · fpmarkets.com · Oct 7, 2026
“Yes, you can also trade forex on cTrader ,”
Platforms · broker's own site · fpmarkets.com · Oct 7, 2026
“TradingView .”
Support · broker's own site · fpmarkets.com · Oct 6, 2026
“Get in touch with our multilingual team who are available to assist you 24/7 via phone, email, or Live Chat”
Owner · broker's own site · fpmarkets.com · Oct 5, 2026
“FP Markets Group”
Licence / entity · broker's own site · archived copy of fpmarkets.com · Jul 24, 2019
“#4 Segregated clients funds”
Costs · broker's own site · archived copy of fpmarkets.com · Aug 9, 2025
“Spreads From 0.0 pips”
Costs · broker's own site · archived copy of fpmarkets.com · Aug 9, 2025
“Commission per lot (USD) ... $3.0 ... Each way”
Licence / entity · broker's own site · archived copy of fpmarkets.com · Aug 9, 2025
“Minimum Deposit ... $100 AUD or equivalent”
Accounts · broker's own site · fpmarkets.com · Oct 5, 2026
“START TRADING TRY DEMO”
Accounts · broker's own site · fpmarkets.com · Oct 5, 2026
“Trading Account Types Islamic Account Types”
Platforms · broker's own site · fpmarkets.com · Oct 5, 2026
“Platforms MetaTrader 4 (MT4) MetaTrader 5 (MT5) TradingView cTrader MAM/PAMM WebTrader”
apps · broker's own site · apps.apple.com · Oct 14, 2026
“FIRST PRUDENTIAL MARKETS PTY LTD”
apps · broker's own site · play.google.com · Oct 14, 2026
“FP Markets”
Funding · broker's own site · archived copy of fpmarkets.com · Aug 9, 2025
“several funding options available including credit card, debit card, Neteller, Skrill, BPAY, Poli and PayPal”
Costs · broker's own site · fpmarkets.com · Oct 15, 2026
“No, there are no inactivity or dormancy fees on any platform type”
Costs · broker's own site · fpmarkets.com · Oct 15, 2026
“FP Markets does not charge deposit or withdrawal fees”
Funding · broker's own site · fpmarkets.com · Oct 15, 2026
“FP Markets processes all withdrawal requests within one business day”