FP Markets Forum Discussion
A forum thread dedicated to questions, answers and issues related to FP Markets
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Beyond my professional endeavours, I am deeply passionate about researching the financial industry and brokers. Drawing from my extensive experience in trading, including personally investing all of my savings in the capital markets, I am committed to making the complexities of personal investing accessible to everyone.


I am the Director/Owner of Excel Markets Inc. (Regulated by the US National Futures Association)
I am an NFA Associate Member with a Series 3 and 34 license.


My background includes positions at various retail CFD brokers in Limassol (Cyprus) and Dubai, where I seamlessly integrate Private Wealth Management skills with a fervour for the financial markets. I specialize in crafting innovative solutions, engaging stakeholders, and guiding them towards optimal investment paths.



Data is continually updated by our staff and systems.
Last updated: 1 Apr 2025
We earn commissions from some affiliate partners at no extra cost to users (partners are listed on our ‘About Us’ page in the ‘Partners’ section). Despite these affiliations, our content remains unbiased and independent. We generate revenue through banner advertising and affiliate partnerships, which do not influence our impartial reviews or content integrity. Our editorial and marketing teams operate independently, ensuring the accuracy and objectivity of our financial insights.
Read more about us ⇾Live Spreads
Brokers | Forex | Commodities | |||||
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EURUSD | GBPJPY | AUDNZD | Average | XAUUSD | XAGUSD | Average | |
Brokers | Forex | Commodities | |||||
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EURUSD | GBPJPY | AUDNZD | Average | XAUUSD | XAGUSD | Average | |
Brokers | Forex | Commodities | |||||
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EURUSD | GBPJPY | AUDNZD | Average | XAUUSD | XAGUSD | Average | |
Brokers | Forex | Commodities | |||||
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EURUSD | GBPJPY | AUDNZD | Average | XAUUSD | XAGUSD | Average | |
We analyze the combined spread and commission cost averaged over time. The table above displays combined spread and commission costs sampled from live accounts using our spread analyzer tool. To compare FP Markets to other brokers or symbols than the ones shown, click the orange edit button and select new brokers or symbols.
The spread is the difference between the bid (sell) and ask (buy) price of an asset. Commission is also charged on top of the spread on some account types and constitutes an additional transaction cost.
FP Markets User reviews



Translation:
good broker


FP Markets Overall rating
4.6Rating | Weight | |
User rating | 4.4 (43 reviews) | 3 |
Popularity | 3 | |
Regulation | 2 | |
Pricing rating | 1 | |
Features | Not rated | 1 |
Customer Support | Not rated | 1 |
Regulation
Company | Licenses & Regulations | Segregated Client Money | Deposit Compensation Scheme | Negative Balance Protection | Rebates | Max. Leverage Retail Clients |
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First Prudential Markets PTY Ltd |
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30 : 1 | |
First Prudential Markets Ltd |
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30 : 1 | |
FP Markets Ltd |
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500 : 1 | |
FP Markets (Pty) Ltd |
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500 : 1 | |
First Prudential Markets Limited |
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500 : 1 | |
FP Markets LLC
Saint Vincent and the Grenadines |
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500 : 1 |
Available Assets: Search all tradable instruments
The live symbol search above is taken from live accounts synced to our system.
CFDs (Contracts for Difference) allow traders to speculate on the price movement of various assets without owning the underlying asset. This can provide leverage and flexibility but can also increase risk.
Live Swap Rates
Brokers | Forex | Commodities | |||||
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EURUSD | GBPJPY | AUDNZD | Average | XAUUSD | XAGUSD | Average | |
![]() FP Markets | Pips | Pips | Pips | Points | Points | ||
![]() HFM | Pips | Pips | Pips | Points | Points | ||
![]() Pepperstone | Pips | Pips | Pips | Points | Points | ||
![]() IC Markets | Pips | Pips | Pips | Points | Points | ||
![]() Admirals | Pips | Pips | Pips | Points | Points |
Brokers | Forex | Commodities | |||||
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EURUSD | GBPJPY | AUDNZD | Average | XAUUSD | XAGUSD | Average | |
![]() FP Markets | Pips | Pips | Pips | Points | Points | ||
![]() IC Markets | Pips | Pips | Pips | Points | Points | ||
![]() Admirals | Pips | Pips | Pips | Points | Points | ||
![]() HFM | Pips | Pips | Pips | Points | Points | ||
![]() Pepperstone | Pips | Pips | Pips | Points | Points |
Brokers | Forex | Commodities | |||||
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EURUSD | GBPJPY | AUDNZD | Average | XAUUSD | XAGUSD | Average | |
![]() FP Markets | Pips | Pips | Pips | Points | Points | ||
![]() IC Markets | Pips | Pips | Pips | Points | Points | ||
![]() Admirals | Pips | Pips | Pips | Points | Points | ||
![]() HFM | Pips | Pips | Pips | Points | Points | ||
![]() Pepperstone | Pips | Pips | Pips | Points | Points |
Brokers | Forex | Commodities | |||||
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EURUSD | GBPJPY | AUDNZD | Average | XAUUSD | XAGUSD | Average | |
![]() FP Markets | Pips | Pips | Pips | Points | Points | ||
![]() HFM | Pips | Pips | Pips | Points | Points | ||
![]() Pepperstone | Pips | Pips | Pips | Points | Points | ||
![]() IC Markets | Pips | Pips | Pips | Points | Points | ||
![]() Admirals | Pips | Pips | Pips | Points | Points |
Brokers | Forex | Commodities | |||||
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EURUSD | GBPJPY | AUDNZD | Average | XAUUSD | XAGUSD | Average | |
![]() FP Markets | Pips | Pips | Pips | Points | Points | ||
![]() IC Markets | Pips | Pips | Pips | Points | Points | ||
![]() Admirals | Pips | Pips | Pips | Points | Points | ||
![]() HFM | Pips | Pips | Pips | Points | Points | ||
![]() Pepperstone | Pips | Pips | Pips | Points | Points |
Brokers | Forex | Commodities | |||||
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EURUSD | GBPJPY | AUDNZD | Average | XAUUSD | XAGUSD | Average | |
![]() FP Markets | Pips | Pips | Pips | Points | Points | ||
![]() HFM | Pips | Pips | Pips | Points | Points | ||
![]() Pepperstone | Pips | Pips | Pips | Points | Points | ||
![]() IC Markets | Pips | Pips | Pips | Points | Points | ||
![]() Admirals | Pips | Pips | Pips | Points | Points |
Brokers | Forex | Commodities | |||||
---|---|---|---|---|---|---|---|
EURUSD | GBPJPY | AUDNZD | Average | XAUUSD | XAGUSD | Average | |
![]() FP Markets | Pips | Pips | Pips | Points | Points | ||
![]() HFM | Pips | Pips | Pips | Points | Points | ||
![]() Pepperstone | Pips | Pips | Pips | Points | Points | ||
![]() IC Markets | Pips | Pips | Pips | Points | Points | ||
![]() Admirals | Pips | Pips | Pips | Points | Points |
Brokers | Forex | Commodities | |||||
---|---|---|---|---|---|---|---|
EURUSD | GBPJPY | AUDNZD | Average | XAUUSD | XAGUSD | Average | |
![]() FP Markets | Pips | Pips | Pips | Points | Points | ||
![]() HFM | Pips | Pips | Pips | Points | Points | ||
![]() Pepperstone | Pips | Pips | Pips | Points | Points | ||
![]() IC Markets | Pips | Pips | Pips | Points | Points | ||
![]() Admirals | Pips | Pips | Pips | Points | Points |
Brokers | Forex | Commodities | |||||
---|---|---|---|---|---|---|---|
EURUSD | GBPJPY | AUDNZD | Average | XAUUSD | XAGUSD | Average | |
![]() FP Markets | Pips | Pips | Pips | Points | Points | ||
![]() HFM | Pips | Pips | Pips | Points | Points | ||
![]() Pepperstone | Pips | Pips | Pips | Points | Points | ||
![]() IC Markets | Pips | Pips | Pips | Points | Points | ||
![]() Admirals | Pips | Pips | Pips | Points | Points |
Data from the table above is taken from live accounts using our swap rate analyzer tool. To compare the swap rates of different brokers or symbols than the ones shown, click the orange edit button.
Swap rates, also known as financing fees, are charged by brokers for holding positions overnight. These fees can either be positive or negative. Positive swap rates pay out to the trader, while negative swap rates incur a cost.
FP Markets Profile
Company Name | First Prudential Markets Pty Ltd / First Prudential Markets LLC |
Categories | Forex Brokers, Forex Rebates |
Primary Category | Forex Brokers |
Year Founded | 2005 |
Headquarters | Australia |
Office Locations | Australia |
Account Currency | AUD, CAD, CHF, EUR, GBP, JPY, PLN, SGD, USD, ZAR, HKD, BRL, MXN |
Support Languages | Arabic, Chinese, English, French, German, Greek, Indonesian, Italian, Korean, Malay, Polish, Portuguese, Russian, Spanish, Thai, Vietnamese, Czech |
Funding Methods | Bank Wire, Bitcoin, BPAY, Broker to Broker, Credit/Debit Card, FasaPay, Giropay, Neteller, PayPal, Perfect Money, POLi, Skrill, Sofort, TrustPay, Local Bank Transfer, Ethereum, NganLuong.vn, Rapid Transfer, Tether (USDT), PayRetailers, DragonPay, Ripple, Crypto wallets, PayTrust88, PSP, Plusdebit / MOMO QR code, Plusdebit / QR Code, Thuderxpay, Apple Pay, Googlepay, Pay Retailers , XPAY, Rupee Payments, Virtual Pay |
Financial Instruments | Forex, Shares, Indices, Bonds, Cryptocurrencies, Metals, ETFs, Soft Commodities (coffee, sugar...) |
Prohibited Countries | Iran, United States |
FP Markets Promotions
FP Markets User reviews
Newer user ratings have greater impact than older ratings and user ratings have no impact after 5+ years old. The more reviews a company receives, the higher the maximum possible aggregate user rating. After 100 reviews a company can receive the highest rating, which is an average of their user ratings.
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72.09%
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16.28%
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2.33%
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2.33%
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6.98%
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0%
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Translation:
good broker




Translation:
no particular problems, good leverage



Translation:
I have had an account with FP Markets for six months. I use a raw account. Low costs, quick deposit and withdrawal. I am satisfied with them.









Translation:
I am with a lot of brokers. This is the best. Good conditions in the Raw. 1: 500 leverage. Good regulation. Excellent chat support and account manager. Professional treatment and communication. Withdrawals are quick. Fair provisions for discounts. No minimum requirement for EA, where others require a minimum of 5-8 spread loss / gain for discount rebate. A tip: When changing IB discounts, the best thing to do is to contact the account manager right away so that he or she can take care of it. Otherwise there is a mess. But I've seen so much with other brokers. - Most other brokers have good chat support (if at all) but just terrible in the background. At FPMarkets you just have a good feeling. You know everything is going as it should and you can be sure that everything works.


Translation:
In general, an excellent broker, requotes were noticed a couple of times, but if MM is observed, it is not critical.




Account types user rating
FP Markets Cashback rebates
Standard | Raw | |
Forex | 0.45 Pips Monthly Cash Back --OR-- 0.30 Pips Spread Reduction + 0.15 Pips Monthly Cash Back | 37.50% Of Commissions Paid Monthly Cash Back --OR-- 25.00% Direct Commission Reduction + 12.50% Of Commissions Paid Monthly Cash Back |
Metals | 0.45 Pips Monthly Cash Back --OR-- 0.30 Pips Spread Reduction + 0.15 Pips Monthly Cash Back | 37.50% Of Commissions Paid Monthly Cash Back --OR-- 25.00% Direct Commission Reduction + 12.50% Of Commissions Paid Monthly Cash Back |
Payment Options |
Monthly Cash Back
Payments are credited and sent automatically by the 12th day of the month for trades where cashback has been accumulated between the first and the last day of the previous month.
Spread Reduction
By opening your account through us you'll trade on lower spreads! |
Monthly Cash Back
Payments are credited and sent automatically by the 12th day of the month for trades where cashback has been accumulated between the first and the last day of the previous month.
Commission reduction
By opening your account through us you'll trade on lower commissions! |
Standard | |
Forex |
0.45 Pips Monthly Cash Back --OR-- 0.30 Pips Spread Reduction + 0.15 Pips Monthly Cash Back |
Metals |
0.45 Pips Monthly Cash Back --OR-- 0.30 Pips Spread Reduction + 0.15 Pips Monthly Cash Back |
Payment Options |
Monthly Cash Back
Payments are credited and sent automatically by the 12th day of the month for trades where cashback has been accumulated between the first and the last day of the previous month.
Spread Reduction
By opening your account through us you'll trade on lower spreads!
|
Raw | |
Forex |
37.50% Of Commissions Paid Monthly Cash Back --OR-- 25.00% Direct Commission Reduction + 12.50% Of Commissions Paid Monthly Cash Back |
Metals |
37.50% Of Commissions Paid Monthly Cash Back --OR-- 25.00% Direct Commission Reduction + 12.50% Of Commissions Paid Monthly Cash Back |
Payment Options |
Monthly Cash Back
Payments are credited and sent automatically by the 12th day of the month for trades where cashback has been accumulated between the first and the last day of the previous month.
Commission reduction
By opening your account through us you'll trade on lower commissions!
|
Notes
Applications are not accepted from U.S, Japan, Belgium or New Zealand residents.
Rebates are:
- not paid for accounts registered with CySEC entity
- not paid for Tradingview and cTrader accounts if copy trading system is used
- converted to USD upon trade close
What are FP Markets rebates?
Many traders initially believe there must be higher costs elsewhere to compensate, however they soon find there is no catch and Forex rebates truly reduce the costs of the transaction and improve their bottom line.
How do FP Markets rebates work?
When you link a new or existing forex trading account to us the broker pays us part of their spread or commission profit for every trade you make as compensation for referring a customer to them. We then share the majority of our revenue with you, paying you a cash rebate for each trade you make as thank you for signing up with us.Unlike some of our competitors your spreads will never increase as a result of using our service! The only difference is: as our client you earn extra cash per trade, making trading through us more profitable than opening direct with the broker. Founded in 2007, we are the original and leading provider of forex rebates. We pay rebates to over 100,000 accounts and traders love our helpful 24 hour live chat, telephone and email support.
How much FP Markets rebates can I earn?
Units per 1 lot vary on non-forex pairs, please check with your broker
In MT4 and MT5 right click a symbol and then click Specification. The Contract Size field tells how many units are in one lot.
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