FP Markets Review 2026: ASIC and CySEC regulated ECN broker, 10,000+ instruments
FP Markets is an ECN broker founded in 2005 in Sydney, regulated by ASIC and CySEC (among others). With over 10,000 tradable instruments, spreads from 0.0 pips on Raw accounts and a wide choice of platforms (MT4, MT5, cTrader, TradingView), it stands as one of the most comprehensive brokers on the market. Over 20 years of operation and 60+ international awards reinforce its credibility.
What is FP Markets?
FP Markets is a forex and CFD broker founded in 2005 in Sydney, Australia. With over 20 years of operation, the broker has won more than 60 international awards and built a solid reputation among traders worldwide.
The broker is regulated by six financial authorities: ASIC (Australia), CySEC (Cyprus), FSCA (South Africa), FSA (Seychelles), FSC (Mauritius) and CMA (Kenya). This multi-jurisdictional regulatory coverage provides a high level of security for client funds.
FP Markets stands out with its ECN execution via Equinix NY4 and LD4 servers, ensuring ultra-low latency. The broker offers a wide choice of platforms: MT4, MT5, cTrader, TradingView and IRESS for DMA share trading.
Account types
| Account | Spreads | Commission | Min. deposit |
|---|---|---|---|
| Standard | From 1.0 pip | None | $100 |
| Raw | From 0.0 pips | $3 / lot / side | $100 |
| IRESS (DMA) | Variable (DMA) | Separate fees | $1,000 |
Trading conditions in detail
| Parameter | Details |
|---|---|
| Regulation | ASIC, CySEC, FSCA, FSA, FSC, CMA |
| Headquarters | Sydney, Australia (founded 2005) |
| Platforms | MT4, MT5, cTrader, TradingView, IRESS |
| Execution | ECN (Equinix NY4/LD4) |
| Maximum leverage | Up to 1:500 |
| Available instruments | 10,000+ |
| Forex | 70+ pairs (major, minor, exotic) |
| Share CFDs | Thousands of global shares |
| Indices | Global indices (S&P 500, DAX, FTSE...) |
| Commodities | Gold, silver, oil, natural gas |
| Crypto CFDs | Bitcoin, Ethereum and more |
| Bonds | Government bond CFDs |
| Negative balance protection | Yes |
| Client funds | Segregated accounts |
| Deposit/withdrawal fees | None |
| Support | 24/7 |
Available instruments
Pros and cons
- Multi-regulated: ASIC, CySEC, FSCA, FSA, FSC, CMA
- Spreads from 0.0 pips on Raw account with competitive commission
- 10,000+ instruments, one of the widest ranges on the market
- Platform choice: MT4, MT5, cTrader, TradingView, IRESS
- Ultra-fast ECN execution (Equinix NY4/LD4 servers)
- 20+ years of experience and 60+ international awards
- No deposit or withdrawal fees
- 24/7 support available
- IRESS account (DMA shares) requires a $1,000 minimum deposit
- Leverage varies depending on regulatory jurisdiction
- No dedicated proprietary platform (aside from IRESS)
Our scores by criteria
FP Markets vs the competition
| Criteria | FP Markets | RaiseFX |
|---|---|---|
| Regulation | ASIC, CySEC, FSCA, FSA, FSC, CMA | FSCA (licence no. 50506) |
| Max leverage | 1:500 | 1:500 |
| Instruments | 10,000+ | 500+ |
| Platforms | MT4, MT5, cTrader, TradingView, IRESS | MT5 |
| Raw spreads | From 0.0 pips | Competitive |
| Execution | ECN (Equinix NY4/LD4) | Standard |
| Track record | 20+ years (2005) | Recent |
Who is FP Markets for?
FP Markets suits a variety of trader profiles thanks to the diversity of its offering.
Active traders and scalpers benefit from ultra-fast ECN execution via Equinix servers, spreads from 0.0 pips on Raw accounts and compatibility with cTrader and trading robots (EAs). Low latency and market depth are major assets for these strategies.
Diversified traders appreciate access to over 10,000 instruments: forex, shares, indices, commodities, crypto and bonds. With the IRESS platform, it is possible to trade real shares with direct market access (DMA).
Intermediate traders benefit from a wide choice of platforms (MT4, MT5, cTrader, TradingView), a minimum deposit of just $100 and 24/7 support. Multi-regulation (ASIC, CySEC) provides a secure framework to develop their trading.
Final verdict
A benchmark ECN broker with 20+ years of experience
FP Markets stands as one of the most comprehensive brokers on the market. Multi-regulation (ASIC, CySEC), ECN execution via Equinix, spreads from 0.0 pips and access to over 10,000 instruments make it a solid choice for traders of all levels. With 20+ years of operation and 60+ international awards, the broker's credibility is well established.
Open an FP Markets account →Sources & Methodology
This review is based on real testing by our analyst team, official website consultation, terms and conditions analysis, regulatory status verification with relevant authorities, and user reviews from Trustpilot and specialized forums. Our complete methodology is detailed on our methodology page. Last verified: May 2026.