Founded in 2005, FP Markets has established itself as a specialist broker focused on providing institutional-grade trading conditions to retail clients. The broker’s core philosophy centers around true ECN/STP execution, offering raw spreads with direct access to tier-1 liquidity providers without dealing desk intervention.

FP Markets distinguishes itself through its commitment to transparent pricing and execution quality, catering specifically to serious traders, scalpers, and algorithmic trading strategies. With a product range spanning 10,000+ instruments across forex, indices, commodities, shares, cryptocurrencies, and bonds, the broker provides comprehensive market access while maintaining its focus on execution excellence.

With headquarters in Australia and regulation from both ASIC and CySEC, FP Markets maintains a strong global presence while upholding rigorous regulatory standards. The broker’s specialization in raw ECN trading has earned it recognition as a preferred choice for traders seeking institutional-style conditions in a retail environment.

FP Markets operates under a strong regulatory framework with dual oversight from top-tier Australian and European authorities. This dual regulation provides clients with enhanced protection while allowing access to competitive trading conditions through different entity structures.

Financial Security: Client funds are held in segregated accounts with major international banks, completely separate from FP Markets’ operational funds. The broker’s financial stability is regularly audited to ensure compliance with regulatory capital requirements across all jurisdictions.

Negative Balance Protection: FP Markets provides negative balance protection to all retail clients across its regulated entities, ensuring traders cannot lose more than their deposited funds. This essential protection is particularly valuable during periods of extreme market volatility.

FP Markets provides extensive platform support covering the industry’s most popular trading software, ensuring compatibility with virtually all trading strategies. From the ubiquitous MetaTrader platforms to the advanced IRESS suite, traders have access to tools matching their experience level and strategy requirements.

Platform Highlights:

MetaTrader Excellence: FP Markets offers full-featured MT4 and MT5 with direct ECN connectivity to its liquidity providers. Both platforms support all advanced features including Expert Advisors, custom indicators, and automated trading strategies, with optimized performance for algorithmic trading.

IRESS Professional Suite: For traders requiring professional-grade tools, FP Markets provides access to the IRESS platform suite, including IRESS Trader and IRESS ViewPoint. These platforms offer advanced charting, market depth, and direct market access capabilities typically reserved for institutional traders.

cTrader Platform: FP Markets also supports cTrader, known for its intuitive interface and advanced order execution capabilities. This platform appeals to traders who prefer a modern, visually-oriented trading experience with full ECN transparency.

Mobile Trading: The FP Markets mobile applications provide full trading functionality with an emphasis on execution speed and reliability. Real-time quotes, one-tap trading, and comprehensive account management ensure traders can manage positions effectively from anywhere.

FP Markets offers a comprehensive selection of over 10,000 tradeable instruments across all major asset classes, with a particular emphasis on forex and share CFDs. The broker’s ECN model ensures competitive pricing across all instruments, with raw spreads available on major markets.

Forex Specialization: FP Markets excels in forex trading with true ECN spreads on major pairs. The broker’s access to tier-1 liquidity ensures consistent pricing even during volatile market conditions:

Share CFD Offering: With access to over 9,000 global stocks across major exchanges, FP Markets provides exceptional equity market coverage. Share CFDs are available with competitive financing rates and comprehensive corporate action processing.

FP Markets maintains a transparent pricing model centered around its ECN execution, with clearly defined spreads and commissions. The broker offers multiple account types to suit different trading styles, from standard accounts with commission-free trading to professional accounts with raw spreads.

Detailed Cost Analysis:

Raw Account Pricing: FP Markets’ Raw account offers spreads from 0.0 pips on major pairs with a commission of $3 AUD per side per standard lot. This transparent pricing provides institutional-grade conditions to retail traders, making it cost-effective for high-volume trading.

Commission-Free Option: The Standard account offers commission-free trading with spreads from 1.0 pips on major pairs. This account suits traders who prefer simpler cost structures or who trade smaller volumes where commission-based pricing might be less economical.

Swap Rates: Overnight financing costs are competitive and transparently published. Islamic accounts are available for traders requiring Shariah-compliant swap-free trading conditions.

Non-Trading Fees: FP Markets maintains minimal non-trading fees with no charges for deposits, account maintenance, or inactivity. Withdrawals are processed free of charge for most methods, though third-party payment processor fees may apply depending on the method used.