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Forex Brokers Review • FP Markets
FP Markets Review (2026): Fees, Regulation, Platforms, and Who It Suits
FP Markets is a well-known broker among cost-aware traders because it offers both spread-only and raw-spread pricing, plus multiple platform choices. This review breaks down safety, pricing logic, platforms, and the exact trader profile FP Markets suits best.
Risk warning: Forex/CFDs are complex instruments and come with a high risk of losing money. This page is educational and not financial advice.
Quick Verdict
FP Markets is a strong choice for traders who care about cost structure and want access to popular trading platforms. It tends to fit active day traders and systematic traders better than absolute beginners who want the simplest workflow.
Best for
Cost-aware traders, scalpers (with testing), MT4/MT5/cTrader users, and TradingView chart-first traders.
Not ideal for
Traders who want “set-and-forget simplicity” and don’t want to compare accounts or fees.
ForexTabs take
Strong broker when you choose the right account type and validate execution in your trading hours.
If you want a quicker shortlist first: 2026 Top Forex Brokers.
Is FP Markets Safe? Regulation & Trust Check
FP Markets operates through different entities depending on where you live. FP Markets states it is regulated by ASIC in Australia and CySEC in Europe (entity-dependent). Always confirm the exact entity shown on your application page before funding.
Safety checklist (what actually matters)
- Entity first: your protections depend on the regulated entity you sign up under.
- Segregation: check how client funds are held (varies by jurisdiction).
- Dispute channels: confirm the complaint process and regulator oversight for your entity.
- Product rules: leverage and instrument availability can change by region.
Fees & Real Trading Costs
FP Markets is often discussed as a low-cost broker because it offers both a spread-only account and a raw-spread account with commission. The right choice depends on how frequently you trade and what you trade.
All-in cost formula (use this to compare brokers)
- Spread: cost built into the bid/ask.
- Commission: applies on raw accounts, usually per lot.
- Swap/overnight: the hidden cost for swing and position traders.
- Execution/slippage: can be the biggest cost in fast markets.
If you scalp
Raw accounts can help, but only if execution holds up during your session. Test fills on a small live size.
If you day trade
Compare spread + commission during London/NY overlap. Typical cost matters more than “from 0.0”.
If you swing trade
Compare swap rates on your top instruments. Swaps can erase “low spread” advantages quickly.
Account Types (Standard vs Raw)
FP Markets typically offers two main MetaTrader account styles: a Standard account (spread-only pricing) and a Raw account (raw spreads + commission). Some regions may also offer additional platform-specific account structures.
Standard account
Spread-only pricing. Simpler for beginners and lower-frequency traders who prefer fewer moving parts.
- Best for: casual or newer traders
- Watch: spreads during volatile sessions
Raw account
Raw spread pricing plus commission. Usually the better structure for frequent traders—if execution is stable.
- Best for: active day traders & algos
- Watch: total cost = spread + commission
How to choose fast
If you trade many times per week, compare raw all-in cost on your main pair. If you trade occasionally, standard can be easier and “good enough”.
Want the bigger picture? See: Brokers Guides.
Platforms & Tools
FP Markets is attractive because it supports multiple mainstream platforms. This matters because platform choice can affect your workflow, execution tools, charting, and automation.
MT4 / MT5
Classic forex workflow, indicators, EAs, and broker-wide familiarity.
cTrader
Popular with traders who prefer a cleaner UI, depth-of-market feel, and fast order management.
TradingView integration
Great for chart-first traders who want TradingView tools but still place trades through a broker connection.
If you’re choosing mainly on platform, read: Forex trading platforms guide .
Markets & Instruments
FP Markets is generally positioned as a multi-asset broker offering forex and CFDs across major categories. Availability can vary depending on your region and entity.
Forex pairs
Majors and minors, with exotics depending on account/entity.
Indices & commodities
Common choices for traders who want FX plus macro-style instruments.
Shares/CFDs (platform dependent)
Some traders consider FP Markets for broader market access via platform options.
Learning instruments? Start here: What are Forex instruments?
Deposits, Withdrawals & Support (Practical Reality Check)
Funding methods and processing rules depend on your region. The most reliable approach is simple: test the broker with a small live account, then perform a withdrawal test early.
Smart funding checklist
- Start small, then scale only after you trust execution and costs.
- Do one withdrawal test before you deposit “serious” capital.
- Keep screenshots of support chats and transaction confirmations.
Pros & Cons
Pros
- Multiple platform choices for different trader styles.
- Cost structure options (standard vs raw) for different trading frequency.
- Often shortlisted by cost-aware traders (when using the right account).
Cons
- Beginners may feel overwhelmed by platform/account choice.
- “Low cost” depends on your session, instrument, and account type.
- Product availability varies by jurisdiction.
Who should choose FP Markets?
Traders who care about cost structure and want a mainstream platform stack—especially MT4/MT5/cTrader or TradingView workflows.
Alternatives (Depending on Your Goal)
Don’t choose a broker based on one feature. Use the pages below to compare based on your actual goal.
Useful ForexTabs Resources
FAQ
Is FP Markets regulated?
FP Markets operates through different entities by region. It states ASIC regulation in Australia and CySEC regulation in Europe. Always confirm the entity you register under.
Is FP Markets good for beginners?
It can be, but beginners may feel overwhelmed by platform and account choices. Start small, learn one platform, and test withdrawals early.
Is FP Markets low cost?
FP Markets can be cost-competitive if you use the right account type for your strategy. For active traders, compare raw all-in costs (spread + commission) during your trading hours.
Which FP Markets account is better: Standard or Raw?
Raw often suits frequent traders if execution is stable. Standard can suit lower-frequency traders who want simpler spread-only pricing.
Can I trade using TradingView with FP Markets?
FP Markets supports TradingView integration in certain setups/regions, which is useful if you rely on TradingView charting for your workflow.
Disclaimer: Educational content only. Always verify fees, swap rates, products, and the regulated entity for your region on the broker’s official site.