Review on Fpmarkets
Disclaimer
Our reviews are subjective opinions based on the analysis of our independent writers from around the world. We recommend exercising your own judgment and verifying information independently. We cannot be held liable for decisions made based on our reviews.
Summary
About Fpmarkets
FP Markets (trading name of the First Prudential Markets group) is a long-established online broker that offers forex and CFD trading to retail and professional clients across multiple jurisdictions. The brand originated in Australia (founded in 2005) and presents itself as a multi-regulated, multi-platform provider that supports popular retail trading platforms such as MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader/Iress and integrations with TradingView — giving traders access to forex, indices, commodities, stocks (stock CFDs), ETFs and crypto CFDs across many markets. FP Markets emphasizes competitive pricing (raw spreads and DMA pricing where available), a large instrument list (thousands of CFDs in some regions), and a suite of trading tools and educational resources designed for both new and experienced traders. The group operates different legal entities across regions (Australia, Cyprus, Seychelles, and others) to align with local regulation and to offer services where allowed. FP Markets publicly notes segregated client accounts, investor protections consistent with regulated brokers, and a long record of industry awards.
Key operational points: FP Markets commonly advertises low spreads (raw spreads as low as 0.0 pips under certain accounts), leverages standard retail platforms including MT4/MT5 and Iress for DMA-style execution, supports algorithmic trading / Expert Advisors (EAs), and provides multiple account types with a modest minimum deposit threshold in many regions. Its corporate footprint, licensing structure and product set make it comparable to other established retail brokers that serve global clients, with compliance and legal documentation available per region.
More Details
Regulatory oversight — a foundation for legitimacy
FP Markets presents itself as a regulated broker in multiple jurisdictions, which is one of the strongest indicators of a legitimate brokerage. For retail clients in many regions FP Markets operates via licensed entities — for example, there is an ASIC-regulated company for Australian clients and a CySEC-regulated entity for European clients. Regulation imposes capital, reporting and conduct requirements that reduce the risk of outright fraud. Always confirm the license number and that the regulator’s register shows the entity before funding an account.
Track record and company history
Founded in 2005, FP Markets has more than a decade of operation, continual product development and market presence. Longevity matters in the brokerage world because it implies surviving multiple market cycles and regulatory updates. Longer-term presence is not proof of perfection, but it substantially lowers the probability of the site being a recent scam operation.
Platform and product robustness
Legitimate brokers provide industry-standard trading platforms and robust connectivity. FP Markets supports MT4/MT5, Iress and other platforms, which require technical infrastructure, third-party integrations and partner relationships. These platform partnerships and the ability to offer DMA pricing for exchange-traded products point to a substantive operational setup rather than a superficial website.
Client fund handling & transparency
A legitimate broker will describe how client funds are held and protected. FP Markets states that client funds are segregated, and regulatory filings for each entity provide further details. Segregated accounts are standard for regulated brokers and help protect clients if the broker becomes insolvent. However, actual protections (e.g., deposit insurance or investor compensation) depend on the regulator and the specific legal entity, so prospective clients should check that detail relevant to their jurisdiction.
Reputation and industry recognition
FP Markets cites industry awards and long-standing service across global markets. Awards and partnerships do not guarantee flawless service but are consistent with a legitimate company that invests in brand recognition and compliance. Independent reviews and industry reports often corroborate the broker’s status as a mainstream provider. (As always, read independent user reviews and weigh them against verified regulatory data.)
What keeps it from being “perfectly safe” (important nuance)
No broker is risk-free. Even regulated brokers face operational risks (execution, platform outages), regulatory enforcement actions (possible but generally disclosed), or regional differences in protection. The primary practical step is due diligence: confirm the legal entity you will open an account with, read the terms & conditions and the client agreement, examine the regulatory license and compensation arrangements, test deposits/withdrawals with small amounts first, and verify KYC/AML procedures.
Warning: Low score, please avoid this website!
According to our review, this website has a higher risk of being a scam website.
It may attempt to steal your funds under the pretense of helping you make money.
Notice: High Score — Not likely to be a scam website.
According to our review, this website has a low risk of being a scam.
There is minimal indication of fraudulent activity.
Notice: Moderate score — Caution advised.
According to our review, this website shows a moderate risk level based on current data.
There is no strong evidence of a scam, but users should proceed carefully.
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Competiting Brands
Photos of Fpmarkets
Pros
- Multiple, industry-standard platforms — supports MT4/MT5, Iress, cTrader and TradingView, giving traders flexibility for manual, automated and DMA-style trading.
- Large range of instruments — thousands of CFDs across many asset classes; useful if you want broad market exposure from one account.
- Competitive pricing options — raw-spread accounts and DMA pricing on some products can be cost-effective for high-volume traders.
- Segregated client funds — the site states that client funds are held separately from corporate accounts, which is a standard safety practice for regulated brokers
Cons
- Established history and multi-jurisdiction footprint — operating since 2005 with multiple legal entities. This reduces the chance the brand is a throwaway or fly-by-night operation.
- Withdrawal and verification processes — some users for any broker may experience delays if KYC documents are incomplete or banking instructions mismatch; check the support and documentation procedures before deposit. (Operational risk rather than a unique FP Markets issue.)
Website Overview
Country:
Autralia
Operating Since:
2004
Platforms:
Desktop
Type:
Trading/investment
Spread:
N/A
Funding:
Trading/investment
Leverage:
N/A
Commission:
N/A
Instruments:
N/A
Keypoints
Products & instruments: Broad asset coverage — forex pairs, indices, commodities, share CFDs (thousands in some regions), cryptocurrencies and ETFs. Product availability depends on the client’s jurisdiction and the entity used.
client funds & protections: States segregated client funds (held separate from company operating funds). The level of deposit protection or compensation (if any) depends on the regulator (e.g., CySEC investor compensation rules differ from ASIC protections). Always check for local investor compensation schemes and the entity that holds your account.
Pricing & execution: Claims of raw spreads (as low as 0.0 pips) on certain accounts, and DMA pricing for exchange products via Iress. Execution quality and slippage depend on market conditions, account type and instrument.
Regulation & legal entities: The FP Markets brand operates through multiple entities depending on region (Australian ASIC-regulated entity and CySEC-regulated EU entity among others) and also maintains an entity in Seychelles for certain markets. Regulation varies by entity and determines available products and protections for clients. Verify which legal entity you’ll be dealing with when opening an account (region matters).
Overall Score
85%
Final Thoughts
After viewing and analyzing the site thoroughly by our experts and undergoing the proper process, we have reached a final conclusion.
FP Markets is a legitimate, established retail broker with a multi-jurisdictional structure, industry-standard trading platforms, and a long operational history dating back to 2005. For traders seeking a wide instrument set, support for automated strategies (EAs) and DMA-style access for certain instruments, FP Markets offers a robust product mix. Its regulatory footprint (entities regulated by ASIC and CySEC among others) and statements about segregated client funds align with expectations for a mainstream broker rather than a suspicious, high-risk website.
However, “legitimate” does not mean “risk-free.” The trading products FP Markets offers (CFDs, leveraged forex, crypto CFDs) carry high risk, and regulatory protections vary by entity and jurisdiction. If you plan to open an account:
Confirm which FP Markets legal entity you are signing up with (Australia, Cyprus, Seychelles, etc.), and check that regulator’s public register for the license number.
Read the client agreement and PDS (product disclosure statement) to understand margin, fees, and order execution policies.
Test the process with small deposits first to confirm deposit/withdrawal speed and KYC responsiveness.
Use risk management on positions (stop losses, position sizing) since leveraged products can erase capital rapidly.
In short: FP Markets appears to be a real, regulated broker that suits many active traders and investors who understand CFD/forex risk. The most important user action is to ensure the account is opened under the regulated entity in your country and to carry out basic operational tests before committing significant funds.
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