AustraliaSummary
FP Markets, founded in Australia in 2005, is one of the oldest brokers on the market. It offers some of the lowest costs through its Raw account and supports every major platform.
Excellent value, very close to IC Markets and Pepperstone.
Accounts and fees
Raw account: around 0.1 pip on average on EUR/USD + $3 per lot per side. Commission-free Standard account at around 1.2 pips. Minimum deposit: $100.
Platforms and markets
MT4, MT5, cTrader and TradingView. CFDs on forex, indices, commodities, shares and crypto.
Trading conditions
| Regulation | ASIC, CySEC and other regulators depending on the country |
|---|---|
| Minimum deposit | $100 |
| Cost | Raw account: around 0.1 pip on average on EUR/USD |
| Commission | $3 per lot per side; Standard account commission-free (≈ 1.2 pips) |
| Platforms | MT4, MT5, cTrader, TradingView |
| Markets | Forex, indices, commodities, shares, crypto (CFDs) |
| Leverage / margin | 1:30 on major pairs (EU, UK, Australian retail clients); higher through non-EU entities |
Data checked in October 2026 on the broker's official website and specialist reviews. Fees and conditions can change: check them before opening an account.
Strengths and weaknesses
Strengths
- Over 20 years in business
- Only $3 commission
- 4 platforms
- $100 deposit
Weaknesses
- Less known in Europe
- Standard account more expensive
Who is it for?
A good fit if you…
- Cost-conscious day traders
- Want a long-established broker
Avoid if you…
- Want real shares directly
Score breakdown
Five criteria rated out of 10: real fees (spread and commission), strength of regulation, platforms, choice of markets and overall experience (track record, account opening, tools).
FAQ FP Markets
How long has FP Markets been around?
Since 2005.
What is the minimum deposit?
$100 on both Standard and Raw accounts.
CFDs and futures are leveraged products: most retail accounts lose money. Only trade money you can afford to lose.
