FP Markets review 2026: fees and key features

About the service

FP Markets provides forex trading (brokerage).

Products and plans

• FP Markets forex and CFD trading

  FP Markets offers leveraged Forex and CFD trading through Standard and Raw accounts on MT4, MT5 and cTrader. Its international website also describes a TradingView connection using a cTrader ID. Fees, products and protections depend on the legal entity and account.

Who it suits

Costs and service terms

Service model

Leveraged CFD trading on currencies and other underlying markets; a CFD does not confer ownership of a share, digital currency or underlying asset.

The execution policy of Saint Lucia's FP Markets Ltd specifies cash settlement without delivery of the underlying asset.

Account types

The international website lists Standard and Raw accounts for MT4, MT5 and cTrader.

TradingView appears under Raw in the account table. This does not establish platform or instrument availability for every entity.

Advertised Standard starting spread

1 pips

The international account page's advertised minimum; actual spreads vary by instrument and market. It is not an average or guaranteed spread.

Advertised Raw starting spread

0 pips

International advertised minimum only. Raw commission is separate for applicable products, so a zero-pip spread does not mean a cost-free trade.

Standard separate Forex commission

0 commission

The international MT4/MT5 table lists spread-inclusive pricing for Forex and metals. This does not cover equity-CFD commissions or every instrument.

Raw commission with USD account currency

3 USD/lot/side

For Forex on MT4/MT5 in the international table: USD 3 to open and USD 3 to close each lot, or USD 6 round trip, before spread. A standard Forex lot represents 100,000 units of the base currency.

Raw commission with EUR account currency

2.75 EUR/lot/side

For Forex on MT4/MT5 in the international table: EUR 2.75 per side, or EUR 5.50 round trip. This is an account-currency tariff and must not be carried over to cTrader.

Raw commission with AUD account currency

3.5 AUD/lot/side

For Forex on MT4/MT5 in the international table: AUD 3.50 per side, or AUD 7 round trip. cTrader uses a separate USD-based calculation.

Raw commission with GBP account currency

2.25 GBP/lot/side

For Forex on MT4/MT5 in the international table: GBP 2.25 per side, or GBP 4.50 round trip, in addition to spread.

cTrader Raw commission basis

3 USD/lot/side

The international cTrader table charges USD 3 per lot per side for Forex and metals, converted into account currency. Equity and ETF tariffs are separate and may also apply to Standard accounts.

Advertised minimum Forex trade size

0.01 lot

International Standard/Raw account table. Contract size and order limits must be checked in the selected instrument's specification.

International advertised maximum leverage

1:500

Maximum in the international Standard/Raw table; actual leverage depends on instrument and account. It must not be applied to Australian or Cyprus retail accounts.

Australian account-table maximum leverage

1:30

For the retail CFD accounts shown in the Australian table. Instrument limits may be lower.

Cyprus account-table maximum leverage

1:30

For retail CFD accounts in the EU table. This does not establish professional-account or other-entity terms.

Trading platforms

MT4, MT5 and cTrader; the international website shows TradingView connectivity for Raw.

The Cyprus account table lists MT4, MT5 and cTrader for both accounts. The platform does not change the account's contracting legal entity.

MT4 capabilities

Charts, trade orders, alerts and MQL4 Expert Advisors, with desktop, browser and mobile access.

Platform functionality only. Automated use remains subject to the entity's agreement and any required permission.

MT5 capabilities

Depth-of-market display, an economic calendar, additional order types and a strategy tester, with browser and mobile access.

Actual CFD availability depends on the account. Technical automation support is not permission to use it under every entity.

cTrader capabilities

Charts, Level II pricing, market, limit, stop and stop-limit orders, and C# automation tools.

Desktop, web, Android and iOS access. Automation permission must be checked against the account agreement.

TradingView connection

The documented integration uses a cTrader ID and a live trading account; orders are routed through FP Markets.

The guide requires completed registration and account funding before Client Portal access. Select symbols from FP Markets' offering; a TradingView chart alone is not a broker connection.

Account currencies

AUD, USD, EUR, GBP, SGD, CAD, CHF, HKD, JPY, PLN

According to the FAQ's account-opening currency list. Deposit currencies are a separate list, and account options depend on the entity and account.

Deposit methods

The international site lists bank transfers, cards, e-wallets and crypto deposits.

Available methods are shown in the portal for the account and country. The list does not establish access for every resident or entity.

Same-name deposits and withdrawals

The FAQ requires deposited funds to be returned through their original method, prioritising cards; profits may then use another method.

Bank accounts and e-wallets must belong to the trading-account holder. Third-party deposits are not accepted.

Payment and transfer costs

The Saint Lucia agreement describes general deposit-fee coverage but permits recovery of payment-provider costs in specified circumstances.

Clauses 19.3–19.4 include funding and withdrawal activity inconsistent with trading activity. Bank charges may be deducted from the account; transfers are not guaranteed to be cost-free.

Overnight financing

Swap varies with instrument, trade direction and position size. Charges or credits are separate from spread and commission.

The swap page specifies midnight server-time rollover, usually Wednesday triple swap and Friday for some instruments. Check the symbol's specification and its long/short rates.

Saint Lucia inactivity fee

10 USD/month

FP Markets Ltd agreement clause 18.12: after a continuous 90-day period meeting the contract's inactivity definition, for an account with available funds. Accounts at USD 10 or below are archived; no further fees accrue at zero and this charge does not create a negative balance.

Saint Lucia automated-trading permission

Agreement clause 14.14 requires express prior written consent before using a robot or automated order-entry system.

Applies to the Saint Lucia FP Markets Ltd agreement. MT4, MT5 or cTrader robot functionality does not replace contractual permission.

Slippage and order execution

The Saint Lucia execution policy describes positive and negative slippage, including on Stop Loss and Take Profit orders.

A requested price is not guaranteed, especially in volatile or illiquid markets. ECN pricing does not guarantee a specific fill or exchange execution.

Saint Lucia negative-balance protection

Agreement clause 18.3 limits recovery to the client's CFD trading accounts, including funds deposited subsequently.

This does not protect deposits from trading losses and must not be extended automatically to another entity.

Saint Lucia investor-compensation membership

The FAQ states that Saint Lucia's FP Markets Ltd is not a member of an investor-compensation fund.

A licence held by another FP Markets group company does not transfer that company's protections to this account.

Demo account

FP Markets offers a demo environment for practising platform use, orders and trading tools before using a live account.

Practice does not establish future results or identical execution conditions with real money.

Products, platforms and terms

Platforms

• MetaTrader 4
• MetaTrader 5
• cTrader
• TradingView

Currencies

• AUD
• USD
• EUR
• GBP
• SGD
• CAD
• CHF
• HKD
• JPY
• PLN

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How to sign up with FP Markets

1. Open the FP Markets website with the button on this page.
2. Create an account by following the instructions on the site.
3. Complete the steps the site asks for, such as identity verification or choosing a plan, before depositing or paying.