Quick Verdict
FP Markets earns an FX Fit Score of 8.6/10. Australian ECN broker with competitive raw spreads. Founded in 2005, regulated by ASIC, CySEC, FSCA.
Regulation and Safety
Trading Platforms
MT4
MetaTrader 4 remains the industry standard for forex trading with robust charting, Expert Advisors, and cross-platform availability.
MT5
MetaTrader 5 offers 21 timeframes, an economic calendar, Depth of Market, and multi-asset trading capabilities.
cTrader
cTrader is a professional-grade platform known for clean interface, advanced charting, and transparent Level II pricing.
Account Types
Spreads and Fees
FP Markets offers an average EUR/USD spread of 0.7 pips. Raw spreads from 0 pips + $3/lot.
Deposits and Withdrawals
Withdrawal Speed: 1-2 business days
~24 hours
Customer Support
FP Markets offers support via Live Chat, Email, Phone in 0 languages.
Pros and Cons
Who Is This Broker Best For?
Best for Scalpers: Fast execution and tight raw spreads suit high-frequency strategies.
Best for ECN Trading: Direct market access with raw spreads and transparent execution.
Best for Low Cost Trading: Ultra-tight spreads make FP Markets ideal for cost-conscious traders.
Final Verdict
FP Markets is a top-tier broker. With 3 licences and $100 minimum deposit, it is a strong choice for international traders.
Visit FP Markets — Open AccountTrading forex and CFDs carries significant risk of loss and is not suitable for all investors. You could lose some or al...
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