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Pre-Deposit Broker Scan
FP Markets logo
Higher riskStronger profile

FP Markets broker scan

Regulation, real cost, withdrawal friction and red flags to check before you deposit. Sydney, Australia · founded 2005.

ASICCySECFSCAEU
0
Scan score
86/100
Commission weighted 0%
Main caution: Leveraged CFDs — you can lose more than you deposit.
Best for
Low fees
Not ideal for
Absolute beginners

Availability varies by country and entity (not offered in US, CA) — confirm before opening an account.

We earn a commission if you open an account through our links — at no extra cost to you. It does not change our rankings. How we make money.

Last updated June 2026·Spreads, fees and withdrawal times are typical/indicative and change with account type and market conditions — verify current terms with the broker before you deposit.·How we score

Scan readout

Eight signals, scored the same way

Regulation confidence86

High confidence

Real trading cost92

Competitive all-in cost

Withdrawal friction82

Fast typical payouts

Platform fit86

MT4, MT5

Product risk36

high-risk product mix

Transparency85

Clearly disclosed

Reputation signals86

Complaints & track record

Country availability88

Varies by country

Safety

Regulation snapshot

Regulation confidenceHigh (86/100)
Regulators
ASIC Australia, licence 286354 (Tier 1)
CySEC Cyprus, licence 371/18 (Tier 2)
FSCA South Africa, licence FSP 50926 (Tier 2)
Segregated client fundsSegregated fundsClient money held in bank accounts kept separate from the broker's own funds, so it isn't used to run the business and is easier to return if the firm fails.Yes
Compensation schemeICF up to €20,000 (EU clients)
Negative-balance protectionNegative-balance protectionA safeguard that stops your account going below zero, so you can't end up owing the broker more than you deposited. Mandatory for retail clients in some regions.Yes

Source: regulator registersVerify these licences on the official regulator register before depositing — how to check.

Cost

Real cost snapshot

All-in cost score92/100
Typical spreadSpreadThe gap between the buy (ask) and sell (bid) price. It's a core trading cost — tighter spreads are cheaper for you. (EUR/USD)from 0 pips
CommissionCommissionA flat per-trade fee, common on raw/ECN accounts that show tighter spreads. Always compare spread + commission together as the all-in cost.$6 per lot
Minimum deposit$100
Inactivity feeNone disclosed
All-in cost index$···· (1/5)

Last updated June 2026·Spreads are typical published figures, not live quotes; fees can change by account type and region — verify current terms with the broker before you deposit.·How we score

Getting paid out

Withdrawal check

Typical withdrawal speed Within 1 day (Fast)
Deposit / withdrawal methodsCard, Bank transfer, Skrill, Neteller, PayPal, Crypto
VerificationIdentity verification (KYC) required before the first withdrawal.

Withdrawal rules can vary by entity, country and payment method — and regulated brokers usually return funds to your original deposit method first. See how withdrawals work.

Risk

Product risk

FP Markets is tagged high risk. Max leverage (region-aware) is 500:1 globally and capped at 30:1 for retail clients in the UK/EU/Australia. Crypto is offered via CFDs (you don't own the coins).

Risk warning. CFDs and leveraged products are complex and high-risk. You can lose more than you deposit. Between 62% and 78% of retail CFD accounts lose money. Only trade with money you can afford to lose.
Things to check

Red flags & what to verify

Neutral checks, not accusations. Confirm each one directly before funding an account.

High-risk product mix (leverage / CFDs)
Very high leverage available (500:1)

Want to recognise these yourself? Try the broker red-flag detector.

Get the broker deposit checklist.

A plain-English checklist for checking regulation, fees, withdrawal terms, leverage risk and red flags before you fund an account.

Educational checklist only — not investment advice and no trading signals. We store your email to send the checklist; no spam. See our privacy policy.

Compare

Alternatives to FP Markets

Other regulated platforms worth scanning side by side, with the single strongest reason each could be a better fit.

Blueberry Markets logo

Australian ASIC-regulated raw-spread broker known for fast support.

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Match
Higher riskMedium regulation

Why this fits: Could be a better fit for beginners than FP Markets. Scan it before you decide.

Real cost
$····
Withdrawal
Same – next day
Min deposit
$100
Leveraged CFDs — you can lose more than you deposit.
Pepperstone logo

Tier-1 regulated raw-spread broker with excellent platform choice.

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Match
Higher riskHigh regulation

Why this fits: Could be stronger regulation & safety than FP Markets. Scan it before you decide.

Real cost
$····
Withdrawal
Same – next day
Min deposit
$0
Leveraged CFDs — you can lose more than you deposit.
Exness logo

High-leverage broker known for fast, often-instant withdrawals.

0
Match
Higher riskMedium regulation

Why this fits: Could be faster typical withdrawals than FP Markets. Scan it before you decide.

Real cost
$····
Withdrawal
Often instant
Min deposit
$10
Leveraged CFDs — you can lose more than you deposit.

We earn a commission if you open an account through our links — at no extra cost to you. It does not change our rankings. How we make money.

Before you deposit

Before you deposit, compare FP Markets against alternatives.

Informational scan — not a safety guarantee and not financial advice. Affiliate link; we may earn a commission, which never changes the scan score. Verify availability, fees and regulation directly before depositing.

Regulation & how to verify a licence →Compare platform costs →Full FP Markets review →Broker red-flag detector →Practise in the simulator →