FP Markets review
Trust 8.9/10Long-established AU broker since 2005. Raw account is among the cheapest in the industry. Strong execution and Iress platform for share CFDs.
ASIC
CySEC
FSCA
Segregated client funds. Affiliate link — supports the site at no cost to you.
At a glance
Min deposit
$100
Max leverage
1:500
EUR/USD spread
0.10 pips
Commission
$6/lot
Pros
- Very low spreads (0.0 raw)
- $6/lot commission (cheaper than most)
- ASIC regulated
- Iress platform for stock CFDs
- Long track record (since 2005)
Cons
- No cTrader
- No proprietary mobile app standout
- Limited crypto offerings
Account types
| Account | Available | Best for |
|---|---|---|
| Raw / ECN spread | Scalpers, algo traders, high-volume | |
| Standard | All-in spreads, simpler costs | |
| Swap-free / Islamic | Swing traders, religious requirements |
Platform support
| Platform | Supported |
|---|---|
| cTrader | |
| MetaTrader 4 | |
| MetaTrader 5 | |
| TradingView | |
| Proprietary |
Trading costs
| Item | Value |
|---|---|
| EUR/USD avg spread | 0.10 pips |
| Commission per standard lot | $6 round-trip |
| Swap fees competitive? | |
| Withdrawal speed | — |
| Deposit methods | — |
| Base currencies | — |
Best for
Cost-conscious traders
Stock CFD traders
AU residents