- Leverage: 1:30
- Regulation: ASIC, CySEC, St. Vincent and the Grenadines, FSP, CMA
- Min. Deposit: 100 US$
- HQ: Australia
- Platforms: IRESS, MT4, MT5, cTrader
- Found in: 2005
FP Markets Licenses
- First Prudential Markets Pty Ltd – authorized by ASIC (Australia) registration ABN 16 112 600 281 AFS 286354
- First Prudential Markets Ltd – authorized by CySEC (Cyprus) registration 371/18
- First Prudential Markets Ltd – authorized by St. Vincent and the Grenadines registration 126 LLC 2019
- First Prudential Markets Pty Ltd – authorized by Financial Sector Conduct Authority in South Africa registration 50926
- First Prudential Markets Ltd – authorized by the Capital Markets Authority (CMA) in Kenya
- What is FP Markets? FP Markets has established itself as a prominent and long-standing Forex Broker since its inception in 2005, catering to professional traders worldwide, boasting a clientele of over 12,000 individuals. One of its primary strengths lies in its utilization of ECN electronic bridges, bolstered by robust trading technology and a commitment to innovation.
- Where is FP Markets based? Ensuring a secure trading environment is paramount for any reputable broker. FP Markets, headquartered in Sydney, Australia, exemplifies this commitment, abiding by stringent legislative and regulatory requirements. Regulated by ASIC, FP Markets provides clients with a trustworthy platform in compliance with industry guidelines. Additionally, the recent expansion into Europe with an entity in Cyprus enables trading within the EEA zone. Furthermore, FP Markets (PTY) Ltd is now under the oversight of the Financial Sector Conduct Authority in South Africa.
- Is FP Markets a true ECN broker? FP Markets distinguishes itself with its advanced ECN technology, facilitating direct access to liquidity providers without intermediary intervention. This technology, operating through Equinix NY4 Data Centers, ensures rapid execution speeds and optimal pricing, with spreads starting from 0.0 pips, maximizing potential benefits for traders.
- FP Markets Pros and Cons FP Markets emerges as a well-regulated broker, offering a favorable trading environment suitable for both novices and seasoned traders alike. Noteworthy advantages include competitive pricing, a diverse range of trading platforms, an ECN trading environment, and comprehensive educational resources. Moreover, its continuous growth trajectory signifies an expanding global presence, transitioning from an Australia-centric brokerage to a truly international entity.
- On the downside, higher spreads for stocks and additional withdrawal commissions warrant consideration. Additionally, it’s prudent to review the specific trading conditions applicable to the FP Markets entity you engage with, as they may vary.
