Company overview
- Legal entity
- First Prudential Markets
- Head office country
- Australia
- Year founded
- 2005
- Official website
- www.fpmarkets.com
Regulation and licences
| Regulator | Regulator name | Licence holder | Status | Tier | Maximum leverage | Source |
|---|---|---|---|---|---|---|
| ASIC | First Prudential Markets Pty Ltd | Active | Tier 1 | 1:30 | — | |
| CySEC | First Prudential Markets Ltd | Active | Tier 1 | 1:30 | — | |
| FSCA | FP Markets (Pty) Ltd | Active | Not assessed | 1:500 | — | |
| FSA Seychelles | First Prudential Markets Limited | Active | Offshore | 1:500 | — |
Recorded protections
- Negative Balance
- Segregated
- Compensation
Accounts and trading costs
- Minimum deposit
- 100 USD
- Deposit note
- 100 AUD or equivalent; exact funding requirements can vary by payment method/entity
- Spread type
- Variable
- EUR/USD spread
- 1.20 pips average
- Commission
- $3 per lot per side (Raw account); $0 Standard account
- Execution model
- ECN
- Account currencies
- AUD, USD, EUR, GBP, SGD, HKD, NZD, CHF, CAD, JPY, PLN, CZK, AED
- Minimum trade size
- 0.01 lot
Account types
| Account | Minimum deposit | Spread from | Commission | Maximum leverage | Margin call / stop out |
|---|---|---|---|---|---|
| Standard | 100 USD | 1.0 pips | 0 | 1:500 | 100% / 50% |
| Raw | 100 USD | 0.0 pips | US$3 per lot per side | 1:500 | 100% / 50% |
Other fees
| Fee | Amount | Note |
|---|---|---|
| Deposit fee | 0 | FP Markets states no deposit fees |
Platforms, markets and features
Trading platforms
- MetaTrader 4
- MetaTrader 5
- cTrader
- TradingView
- Own web platform
- WebTrader
- Mobile
Markets
- Forex
- Commodities
- Indices
- Shares
- ETFs
- Crypto
- Bonds
Tools and features
- Copy trading
- Free VPS
- Autochartist
- Trading Central
- Expert Advisors allowed
- Scalping allowed
- Hedging allowed
Mobile apps
- iOS
- Android
Education
- Articles and guides
- Video courses
- Webinars
- Structured course
- Market analysis
- Economic calendar
Platform names: WebTrader, Iress, Mottai
Total instruments: 10000
Forex pairs: 70
Trading hours: Forex 24/5; other markets according to underlying exchange/market hours
Website languages: English, Arabic, Dutch, French, German, Greek, Hungarian, Indonesian, Italian, Japanese, Korean, Malay, Mandarin, Polish, Portuguese, Russian, Spanish, Thai, Vietnamese + others
Demo account: Available — Demo account available; virtual funds; conditions may differ from live trading
Swap-free / Islamic account: Available
Mobile app name: FP Markets Trading App
10,000+ CFDs across global markets; 60+ FX pairs
Funding and customer support
Funding methods
- Bank transfer
- Debit or credit card
- PayPal
- Skrill
- Neteller
- Crypto
- Local payment methods
Support channels
- Live chat
- Phone
- Withdrawal time
- Skrill/Neteller: 1 business day; other methods vary
- Support hours
- 24/7
- Support languages
- 40
Country availability
Restricted countries
Afghanistan, Cuba, Iraq, Iran, Liberia, Libya, Myanmar, Palestine, Russia, Somalia, Syria, Sudan, Yemen, US, UK, EEA, FATF/EU/UN sanctioned jurisdictions.
Pros and cons
Pros
- Multiple regulated entities across ASIC, CySEC, FSCA and Seychelles.
- Raw spreads from 0.0 pips.
- Competitive published EUR/USD average spread.
- MT4, MT5, cTrader and TradingView.
- 0.01-lot minimum trade size.
- Islamic/swap-free accounts available.
- 24/7 multilingual customer support.
- 10,000+ CFD instruments.
- Scalping, hedging and EAs supported.
- Multiple deposit/withdrawal methods.
Cons
- Leverage and protections vary significantly by legal entity/jurisdiction.
- 1:500 leverage is not available to Australian retail clients.
- Seychelles/offshore entity provides a different regulatory framework from ASIC/CySEC.
- Islamic accounts can have administration fees on applicable instruments.
- FP Markets is on the RBI Alert List, which is particularly important for Indian residents.
Data checks and sources
Information is based on the records cited below and may change. Confirm the entity that serves your country, its current licence, and the broker’s latest terms before making a decision.
Record checked: Oct 3, 2026
No source URLs have been entered for this record.
Forex and CFD products are leveraged and carry a high risk of loss. This profile is informational and is not financial advice or a recommendation.