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FP Markets· 7.5/10 · BUY
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BROKER REVIEWUpdated Jun 8, 2026 · 12 min read · by Daniel Whitmore
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FP Markets.

FP Markets is a top-tier broker that delivers on regulation, fees, and platform quality. For most traders, this is an excellent choice.

Daniel Whitmore
Reviewed & written by
Daniel Whitmore · Forex & CFD Specialist
ASIC · CySEC500K+ clients
Brokersroom Score
7.5/10
Our Verdict
BUY
83% confidence
Rank in Index
#14 / 50
Mid-tier
Risk Warning
74–89%
lose money
Visit FP MarketsCompare alternativesRisk note: CFD trading involves high risk. Between 74% and 89% of retail accounts lose money trading CFDs with this provider.

AT A GLANCE

The facts, not the spin.

Min. deposit

$100

Live account. Demo is free.

Max leverage

1:30

Varies by account & entity.

Withdrawal time

1-3 days

First per month free.

EUR/USD Spread

From, not guaranteed

Inactivity fee

None

After 180 days of no trades

Total instruments

CFDs · stocks, forex, crypto

Active clients

500K+

Across the FP Markets group

REGULATION

ASICCySECFSCA

ASIC, CySEC, FSCA, CMA Kenya regulated. Client funds held in segregated accounts.

TRADING PLATFORMS

MT4MT5cTraderIRESS

Mobile apps for iOS + Android with one-tap account switching.

WHERE FP MARKETS WINS · WHERE IT LOSES

Pros & cons.
Severity-ranked, not just listed.

What we like

5 items
  • True ECN pricing with raw spreadsMajor plus
  • 10,000+ tradeable instrumentsMajor plus
  • Fast execution and deep liquidityNotable
  • Supports MT4, MT5, and IRESSNotable
  • ASIC and CySEC regulatedMinor

What we don't

5 items
  • IRESS platform has higher feesDealbreaker
  • Limited educational resourcesMajor issue
  • Customer support improvements neededMajor issue
  • No US clients acceptedMinor
  • Commission applies on Raw accountsMinor

OUR VERDICT

Our call: BUY.
Worth your money.

OPEN AN ACCOUNT IF

  • True ECN pricing with raw spreads
  • 10,000+ tradeable instruments
  • Fast execution and deep liquidity

LOOK ELSEWHERE IF

  • IRESS platform has higher fees
  • Limited educational resources
  • Customer support improvements needed
BROKERSROOM SIGNAL · BUY
7.5/10
Based on 6 categories · weighted
Regulation & trust8.0
Fees & spreads7.5
Platform & tools8.0
Range of markets7.0
Education & research6.5
Mobile experience8.5
Confidence in this verdict: 83%.

LIVE FEE COMPARISON

What you'll actually pay.

All-in cost to trade 1 standard lot of EUR/USD. Lower is better. We use spread + commission + overnight to get the real number — not the headline rate.

THIS BROKERFP Markets
7.5/10
$100
0.50
None
8.7/10
$20
0.60
None
8.4/10
$0
0.50
None
8.3/10
$100
0.60
None
8.3/10
$50
1.00
None
i
Our take on FP Markets's pricing: The fee structure is competitive on some instruments, but not the cheapest in the market.

BROKERS WE'D PICK OVER FP MARKETS

Honest swap suggestions.
Same regulation. Better deal.

Yes, we may earn affiliate revenue if you open an account with any of these brokers. Our editorial picks are based on the same scoring criteria we apply to every broker we track. Commission rates never influence our rankings.

ALTERNATIVE 01Best for EU
C

Capital.com

8.7

Same EU regulation, more instruments, lower fees. The obvious upgrade.

BETTER AT

Lower fees · More markets

ALTERNATIVE 02Rising Fast
A

ActivTrades

8.4

Zero commission. More instruments. Bigger upside ahead per our forecast.

BETTER AT

Zero fees · Rising fast

ALTERNATIVE 03Social Trading
M

Markets.com

8.3

If copy trading is your draw, the social network here is much larger.

BETTER AT

Better copy trading

Daniel Whitmore

Review Written By

Daniel Whitmore

Forex & CFD Specialist

Daniel Whitmore is a Forex & CFD Specialist at BrokersRoom and a former FX dealer. He tests brokers' real trading conditions from a dealer's-eye view — measured spreads, execution quality and total cost per lot — and writes the platform's forex and CFD broker reviews.

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