IFCCI
IPTI PLATFORM PROFILE

FP Markets

ASIC-regulated broker with IRESS & cTrader

FP Markets logo

First Prudential Markets Pty Ltd

AustraliaEst. 2005Forex & CFD
VerifiedReview CompleteActive
7.2/10

Moderate Transparency

High Confidence

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No significant risk signals detected

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
72% of retail CFD accounts lose money

Percentage of retail investor accounts that lose money when trading CFDs with this provider.

Transparency Signals

Confidence LevelHigh
Transparency & Disclosure
Moderate
Regulatory Intelligence
Moderate
Consumer Protection
Moderate
Reputation & Market
Moderate
Key Strength

Strong transparency across key operational dimensions

Key Concern

No significant concerns identified

Trust Dimension Breakdown

Transparency & Disclosure
7.0Moderate Transparency Signals

Measures the completeness and verifiability of platform disclosures including regulatory filings, operational transparency, and transparency improvement efforts.

Regulatory Intelligence
7.0Moderate Transparency Signals

Evaluates regulatory standing, jurisdictional oversight quality, institutional engagement, and regulatory tier classification.

Consumer Protection
6.7Moderate Transparency Signals

Assesses fund safety mechanisms, complaint history, complaint resolution track record, and customer service quality.

Reputation & Market
6.7Moderate Transparency Signals

Reflects market standing, research commentary, expert-assessed execution quality, and liquidity reliability.

Operational Reliability
8.1Exceptional Transparency Signals

Evaluates platform uptime, technical reliability, customer service responsiveness, and operational transparency.

Industry Integrity
4.8Developing Transparency Signals

Measures industry contribution through education initiatives, research collaboration, ESG programs, and investor awareness efforts.

Regulatory Intelligence

Brand Name

FP Markets
Australia
Self-Declared

Legal Entities

First Prudential Markets Pty Ltd
ASIC · Australia
286354
High Confidence
First Prudential Markets Pty Ltd
CySEC · Cyprus
371/18
High Confidence

Regulatory References

ASICPrimary Registry
286354
CySECPrimary Registry
286354

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

ReputationGrowing
Complaint DensityLow
Local Office
Local Regulation
🌏
🌏

Asia Pacific

ReputationGrowing
Complaint DensityLow
Market Presence21 years
🌍
🌍

Global Market

ReputationWell Established
Complaint DensityLow
Market Presence21 years

Regulatory Licenses

Tier 1ASIC, CySEC
Regulator
🇦🇺ASIC
Status
Active
License Number
286354
License Type
AFSL
Regulator
🇨🇾CySEC
Status
Active
License Number
371/18
License Type
CIF

Internal Transparency

Regulatory Transparency
Available1.00/1.0
Operational Transparency
Available1.00/1.0
Platform Reliability
Available1.00/1.0
Consumer Protection
Available1.00/1.0
Market Transparency
Available1.00/1.0
RegulatoryOperationalReliabilityConsumerMarket

Transparency profile visualization

Trading Conditions

Trading Platforms:MT4MT5cTraderIRESS
InstrumentSpread
EUR/USD0.0 pips (Raw)
GBP/USD0.2 pips
USD/JPY0.1 pips
XAU/USD0.12 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
API Available
VPS Offered

Safety & Protection

Compensation Scheme
ICF (Cyprus)
Segregated Funds
Negative Balance Protection

Operational Details

Supported Languages
English, Chinese, Arabic, Vietnamese, Thai
Support Channels
Live ChatEmailPhone
Payment Methods
Bank TransferCredit CardSkrillNetellerPayPal

Community Snapshot

0
Total Reports
0
Verified
0
Under Review
0
Resolved
0
Total Reviews

IFCCI Research Responses

Research Timeline

2026-01-18
Consumer Education Guidance
Ahmad Faizal bin Razak|RU001

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.

Data as of:2026-02-03
Last Verified:2026-02-03

Platform Comparison

 
FP Markets logo
FP Markets
IC Markets logo
IC Markets
Regulatory TierTier 1Tier 1
Transparency Signals9.5/109.5/10
Minimum Deposit$100$200
Maximum LeverageUp to 1:500Up to 1:500
Spread TypeRaw / StandardRaw Spread / Standard
Execution ModelECNECN
Year Established20052007
Trading Products78

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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.