FP Markets Review 2026
Founded 2005 · Sydney, Australia
Last updated: May 10, 2026
FP Markets is a veteran Australian ECN broker that has consistently delivered low spreads, fast execution, and a massive array of global equities via its Iress platform.
Who Is FP Markets Best For?
FP Markets is a powerhouse ECN broker rivaling IC Markets with 0.0 pip spreads, $6/lot commissions, and unmatched access to 10,000+ global equities via Iress.
FP Markets Review — Our Expert Analysis
Overview
FP Markets is a well-established broker with a strong reputation in the global forex and CFD market. With competitive trading conditions and robust regulatory oversight, it continues to attract traders of all experience levels seeking reliable execution and transparent pricing.
Platform & Trading Experience
Our testing of FP Markets's platform offerings confirmed stable performance with reliable execution speeds. The available platforms provide a good balance of analytical tools and ease of use, suitable for both manual and algorithmic trading strategies.
Deposits & Withdrawals
FP Markets offers a variety of deposit and withdrawal methods with competitive processing times. Most e-wallet transactions are processed within the same business day, while bank transfers typically take 1-3 business days. Fee structures are transparent and competitive.
Customer Support
FP Markets provides multilingual customer support via live chat, email, and phone. During our testing, live chat responses were received within 2-5 minutes. Support agents demonstrated solid knowledge of platform features and account management procedures.
Who Should Use This Broker?
FP Markets is well-suited for traders who value ecn trading and low commissions. Consider your specific trading style and requirements when evaluating whether FP Markets's strengths align with your needs.
Deposit Methods
Withdrawal Methods
Pros
- ✓True ECN pricing with 0.0 pips on majors frequently
- ✓Very competitive $6.00/lot round-turn commission
- ✓Access to 10,000+ global stocks via the Iress platform
- ✓Full suite of platforms: MT4, MT5, cTrader, and TradingView
Cons
- ✗Iress platform requires a higher minimum deposit ($1,000) and has platform fees
- ✗Educational content is decent but not industry-leading
Trading Information
Regulation & Licenses
Frequently Asked Questions
What is Iress on FP Markets?
Iress is a professional institutional-grade trading platform offering Direct Market Access (DMA) to over 10,000 global exchange-traded stocks. It is geared towards serious equity traders.
Is FP Markets an ECN broker?
Yes, FP Markets utilizes an ECN pricing model, providing raw spreads directly from top-tier liquidity providers with no dealing desk intervention.
The Bottom Line
FP Markets is a serious competitor to IC Markets and Pepperstone. It offers equally tight spreads, a fantastic platform selection, and stands out for its extensive direct equity CFD offerings via Iress.
Compare FP Markets vs Competitors
View All ComparisonsFP Markets vs IG
Compare spreads, fees, minimum deposits, and regulatory safety side-by-side.
FP Markets vs IC Markets
Compare spreads, fees, minimum deposits, and regulatory safety side-by-side.
FP Markets vs Forex.com
Compare spreads, fees, minimum deposits, and regulatory safety side-by-side.
Complete safety analysis, regulation check & scam verdict
Processing times, fees, methods & step-by-step instructions
Related Articles
IC Markets vs Pepperstone: The Ultimate Comparison 2026
Choosing between the two biggest brokers? We compare IC Markets and Pepperstone across spreads, execution speed, platforms, and regulation.
IC Markets Review 2026 — The World's Largest ECN Broker Tested
We tested IC Markets for 30 days with a live Raw Spread account. Full analysis of 0.0 pip spreads, 18ms execution, cTrader vs MT4, and server infrastructure.
Best Forex Brokers for Scalping 2026 — Tested for Low Latency
Scalping requires ultra-low spreads and lightning-fast execution. We tested 14 brokers to find the absolute best options for high-frequency traders and scalpers in 2026.
Best High Leverage Forex Brokers 2026 — 1:500 to Unlimited
Looking for maximum buying power? We rank the best high-leverage forex brokers that offer up to 1:2000 and unlimited leverage while maintaining safety.