FP Markets
ASIC-regulated broker with IRESS & cTrader
Platform Overview
FP Markets is an Australian forex and CFD broker regulated by ASIC and CySEC. Founded in 2005, it offers trading via MT4, MT5, cTrader, and IRESS with both raw and standard spread accounts.
Company Information
- Registered Company Name
- First Prudential Markets Pty Ltd
- Brand Name
- FP Markets
- Headquarters
- Australia
- Year Established
- 2005
- Parent Company
- First Prudential Markets Pty Ltd
- Publicly Listed
- No
Percentage of retail investor accounts that lose money when trading CFDs with this provider.
Transparency Signals
Strong transparency across key operational dimensions
No significant concerns identified
Trust Dimension Breakdown
Measures the completeness and verifiability of platform disclosures including regulatory filings, operational transparency, and transparency improvement efforts.
Evaluates regulatory standing, jurisdictional oversight quality, institutional engagement, and regulatory tier classification.
Assesses fund safety mechanisms, complaint history, complaint resolution track record, and customer service quality.
Reflects market standing, research commentary, expert-assessed execution quality, and liquidity reliability.
Evaluates platform uptime, technical reliability, customer service responsiveness, and operational transparency.
Measures industry contribution through education initiatives, research collaboration, ESG programs, and investor awareness efforts.
Regulatory Intelligence
Brand Name
Legal Entities
Regulatory References
Regulatory information displayed here is compiled from public registries, third-party sources, and platform self-declarations. IFCCI does not guarantee the completeness or accuracy of this information. Always verify directly with the relevant regulatory authority.
Regional Market Signals
Malaysia Market
Asia Pacific
Global Market
Reputation Summary
1567 Overall Score
Areas of Concern (0.76% resolved)
Avg. response (0.81%)
Strengths
- Strong security track record with proof-of-reserves
- Wide range of supported cryptocurrencies
- Competitive trading fee structure
Areas of Concern
- Regulatory landscape for crypto exchanges remains evolving
- Customer support capacity during high-volatility periods
Expert Consensus
Reliable crypto exchange with growing fiat gateway infrastructure. Security practices are above average for the segment.
IFCCI Verdict
Acceptable transparency for a centralized exchange. KYC/AML procedures are documented. Cold storage practices are disclosed.
Community Verdict
Regulatory Licenses
ASIC
- License Number
- 286354
- Jurisdiction
- Australia
- License Type
- AFSL
CySEC
- License Number
- 371/18
- Jurisdiction
- Cyprus
- License Type
- CIF
Internal Transparency
Transparency profile visualization
Trading Conditions
| Instrument | Spread |
|---|---|
| EUR/USD | 0.0 pips (Raw) |
| GBP/USD | 0.2 pips |
| USD/JPY | 0.1 pips |
| XAU/USD | 0.12 pips |
- Commission
- Zero (Standard); $3/lot/side (Raw)
- Inactivity Fee
- None
- Deposit Fees
- Free
- Withdrawal Fees
- Free
- Withdrawal Processing Time
- 1-2 business days
Technology Stack
Technology Stack
Platform Infrastructure
Technical
- Server Locations
- SydneyNew YorkLondonSingapore
- Average Execution Speed
- < 40ms
Safety & Protection
- Compensation Scheme
- ICF (Cyprus)
Operational Details
- Supported Languages
- English, Chinese, Arabic, Vietnamese, Thai
- Support Channels
- Live ChatEmailPhone
- Payment Methods
- Bank TransferCredit CardSkrillNetellerPayPal
Community Snapshot
IFCCI Research Responses
Research Timeline
IFCCI's consumer education unit notes that swap fees (overnight financing charges) represent a significant but often overlooked cost for retail traders who hold positions beyond the daily rollover time. On this platform, a standard lot EUR/USD long position incurs a nightly swap charge equivalent to approximately USD 7.50, which compounds to approximately USD 52.50 per week. Consumers engaged in swing or position trading should factor swap costs into their risk-reward calculations. Islamic (swap-free) accounts may offer an alternative, though they may carry administration fees or other conditions.
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Platform Comparison
| Regulatory Tier | Tier 1 | Tier 1 |
| Transparency Signals | 9.5/10 | 9.5/10 |
| Minimum Deposit | $100 | $200 |
| Maximum Leverage | Up to 1:500 | Up to 1:500 |
| Spread Type | Raw / Standard | Raw Spread / Standard |
| Execution Model | ECN | ECN |
| Year Established | 2005 | 2007 |
| Trading Products | 7 | 8 |
Related Platforms
IC Markets
International Capital Markets Pty Ltd
Est.2007 · Australia
Pepperstone
Pepperstone Group Limited
Est.2010 · Australia
XM
Trading Point Holdings Ltd
Est.2009 · Cyprus
Exness
Exness (Cy) Ltd
Est.2008 · Cyprus
Information presented is compiled from publicly available regulatory sources and user submissions. IFCCI does not make recommendations or endorsements. Users should conduct independent due diligence.
Legal Disclaimer
The IFCCI Transparency Programme is an independent research initiative and does not constitute regulatory supervision, professional financial advice, or official compliance certification. All findings represent research-based observations intended to contribute to financial industry transparency discourse and informed evaluation. FinScope is a technology platform developed to support the programme’s public-facing digital interface.