Foundation: 2005
Regulation: ASIC & CySEC
Platform: MetaTrader 4 (MT4), MetaTrader 5 (MT5), WebTrader & Iress
Minimum Deposit: $ 100
Maximum Leverage: 1: 500
FP Markets has been regulated since 2005 in the financial markets, and is a trusted global CFD and Forex broker. Our vision was to create the ultimate forex trading destination where traders could access a full suite of trading products in the global markets. The convenience of being able to trade CFDs across forex, equities, indices, commodities, futures and cryptocurrencies all from a single account is one of the key reasons traders choose FP Markets.
What sets us apart from our competitors is our deep understanding of what traders need. We’ve learnt that the combination of pricing, execution speed, cutting-edge platforms, product range, customer support and market analysis are the key ingredients that give our clients the confidence to trade.
Being a licensed (Australian Securities and Investments Commission, ASIC) and fully regulated forex broker, our clients’ interests are a priority for us. It is our firm commitment to excellence that makes us one of the leading forex brokers in Australia.
FP Markets has been regulated by Cyprus Securities and Exchange Commission (CySEC) since 2018, with License number 371/18.
FP Markets asserts that investor deposits are safely kept in the Commonwealth Bank, which is one of the big 4 banks in Australia. This ensures the segregation of traders’ funds from the operational funds of FP Markets.
The convenience of being able to trade CFDs across equities, Forex, indices, commodities, futures and cryptocurrencies from one account is one of the key reasons traders choose FP Markets.
Why is FP Markets one of the world’s most trusted brands?
Globally Regulated
Segregated Client Funds
36+ International Awards
24/5 Multilingual Support
Consistently Tighter ECN Prices
Personal Account Managers
15 Years Trading Experience
Easy funding & withdrawals:
Credit/Debit cards (VISA and Mastercard), Domestic bank wire, International bank wire, Neteller, Skrill, PayPal, PoliPay, BPay, Fasapay, Paytrust88, Ngan Luong, Online Pay and Broker to Broker.
Account Types
Forex traders are offered a choice between a Standard account and a Raw account. The Forex Standard account requires a minimum deposit of $100 AUD or equivalent, and offers spreads starting from 1.0 pip, with no commission.
The Forex Raw account requires a minimum deposit of $100 AUD or equivalent and offers spreads from no minimum, but a commission of AUD $3.50 is charged per lot per trade.
An Islamic account and a VPS are also available.
CFD traders are offered a choice between three Iress account types. The Standard account requires a minimum deposit of $1,000. A minimum brokerage fee of $10 per month is charged (or 0.1% of trade size, whichever is higher). Overnight financing is at RBA + 4%, and the $55 GST fee per month is waived if the trader generates at least $150 of commission in a month. The $22 monthly GST fee for ASX data is waived if the trader generates at least $50 of commission in a month. The Platinum account requires a minimum deposit of $25,000. A minimum brokerage fee of $9 per month is charged (or 0.09% of trade size, whichever is higher). Overnight financing is at RBA + 3.5%, and the $55 GST fee per month is waived if the trader generates at least $150 of commission in a month. The $22 monthly GST fee for ASX data is waived if the trader generates at least $50 of commission in a month. Finally, the Premier account requires a minimum deposit of $50,000. A brokerage fee of 0.08% of trade size is charged, with no minimum flat fee. Overnight financing is at RBA + 3%, and the $55 GST fee per month is waived unconditionally.
All accounts offer a minimum trade size of 1 micro-lot (0.01 full lots).
Some of the key features of FP Markets online trading broker include:
Trade on consistently tighter spreads from 0.0 pips
Ultra-fast execution under 40 milliseconds^
Top-tier liquidity and market leading ECN pricing, 24/7
No dealing desk and no requotes, ever