FP Markets
ECNFP Markets is an ASIC-regulated Australian broker with 18 years of experience, offering raw spreads and access to the professional Iress platform with 10,000+ instruments.
Trading Forex and CFDs involves a significant risk of loss.
Our Rating Breakdown
Scores based on independent research and live account testing.
FP Markets Full Review
FP Markets (First Prudential Markets) was founded in Sydney, Australia in 2005, making it one of the longest-standing forex brokers in the industry. Regulated by ASIC, CySEC, and FSCA, the broker offers a comprehensive range of trading instruments and account types.
Iress Platform Access
One of FP Markets' unique offerings is access to the Iress platform, which provides direct market access (DMA) to ASX-listed stocks. This makes FP Markets particularly attractive to Australian traders who want to trade equities alongside forex.
ECN Pricing
FP Markets' Raw account offers genuine ECN pricing with spreads from 0.0 pips and a commission of $3 per side. The Standard account is commission-free with spreads from 1.0 pip.
Autochartist Integration
FP Markets provides free access to Autochartist, an advanced technical analysis tool that automatically identifies chart patterns and generates trade opportunities — a valuable resource for technical traders.
Range of Instruments
With over 10,000 instruments including 60+ forex pairs, international stocks, indices, commodities, and cryptocurrencies, FP Markets offers one of the widest selections available.
Verdict
FP Markets is an excellent choice for serious traders who value competitive pricing, strong regulation, and a wide range of instruments. Its Iress platform access sets it apart for equity traders.
Pros
- Regulated by ASIC since 2005
- Raw spreads from 0.0 pips
- Access to Iress platform for direct market access
- Over 10,000 instruments
- Great educational tools via Autochartist
Cons
- Iress platform has monthly fee
- Website can be complex to navigate
- No US clients
Broker Details
- Headquarters
- Sydney, Australia
- Founded
- 2005
- Type
- ECN
- Min Deposit
- $100
- Max Leverage
- 1:500
Regulation
Platforms
- MetaTrader 4
- MetaTrader 5
- Iress
- cTrader