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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.

Min Deposit
$100
Spread From
0.0 pips
Max Leverage
1:500
Execution
30ms
TrustMetrics™ Score
92
out of 100
🛡️ Regulation & Safety25/30
💰 Trading Costs26/25
Platform & Execution21/20
🏦 Withdrawals & Support14/15
📚 Education & Tools11/10
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Best FP Markets Alternatives 2026

Looking for a broker with lower spreads, faster execution, or stronger regulation than FP Markets? Compare the top 3 verified competitors side-by-side.

#1
IG

IG

Score: 99/100

The World's Largest Retail CFD Provider

IG is the gold standard of CFD and forex brokers. If safety of funds, instrument variety, and high-quality research are your top priorities, IG is unmatched.

Min Deposit
$250
Spread From
0.6 pips
Execution
22ms
#2
Interactive Brokers

Interactive Brokers

Score: 98/100

The Professional's Gateway to Global Markets

Interactive Brokers is the undisputed king of multi-asset global trading. No other broker offers access to as many markets, asset classes, and countries at such competitive rates. If you're a serious investor or active trader who has outgrown retail brokers, IBKR is the natural next step.

Min Deposit
$0
Spread From
$0 commission (IBKR Lite)
Execution
< 10ms
#3
IC Markets

IC Markets

Score: 97/100

The #1 Global ECN Broker for Scalping

IC Markets is the undisputed champion of raw execution quality. It is the default choice for professional retail traders, scalpers, and algorithmic traders who prioritize speed, cost-efficiency, and transparency above all else.

Min Deposit
$200
Spread From
0.0 pips
Execution
18ms

How to Choose the Best FP Markets Alternative?

If you are switching away from FP Markets, we recommend identifying your primary friction point:

  • 🎯 Lower Spreads & Costs: If spreads are eating your day-trading edge, choose an ECN alternative like IG which offers verified raw 0.0 pip spreads.
  • 🛡️ Enhanced Regulatory Safety: If you are moving away due to safety concerns, choose an alternative holding multiple Tier-1 licenses from the FCA UK or ASIC Australia.
  • 💻 Platform Capabilities: If you want native TradingView execution to bypass standard terminals, look for alternatives that integrate directly into the TradingView bridge.