Broker Review — August 2026

FP MARKETS
FULL REVIEW 2026

Lowest Raw Commission — Since 2005

Last updated: August 1, 2026

Disclosure: Links to this firm are direct links — we currently have no referral relationship. Figures checked against public sources in August 2026 and must be re-verified on the firm's own site before purchase.

💸 Save before you buy: No coupon codes — the Raw account's $6 round-turn commission is the lowest of our raw picks. See all discounts & codes →

0.0

Raw Spreads

$6 RT

Commission

$100

Min Deposit

MT4/5

+ cTrader/TV

~4.9/5

Trustpilot

Visit FP Markets →

Overview

FP Markets is a Sydney broker founded in 2005 — two decades of operation under ASIC and CySEC (plus FSCA and offshore entities) — with one of the highest Trustpilot ratings of any major regulated broker at roughly 4.9/5. Its Raw account prices at 0.0-pip spreads with $3 per side ($6 round turn) — the lowest commission among our raw-spread picks — and independent testing has recorded unusually low swap rates, which matters for multi-day holds.

Platforms span MT4, MT5, cTrader, TradingView and IRESS. $100 minimum deposit, no deposit/withdrawal/inactivity fees, free VPS for algo traders. Full transparency note: FP Markets settled a €100,000 CySEC fine in early 2026 over CFD-compliance matters and trimmed its workforce ~7% in April 2026; ASIC and CySEC oversight continues, and neither event touched client funds.

Key Information

Founded2005 — Sydney, Australia

RegulationASIC, CySEC, FSCA + offshore entities

Trustpilot~4.9/5 — highest of our broker picks

Raw Account0.0 pips + $3/side ($6 RT) on FX & metals

StandardSpread-only from ~1.0 pips

Min Deposit$100

PlatformsMT4, MT5, cTrader, TradingView, IRESS

SwapsTested unusually low — good for multi-day holds

2026 Note€100K CySEC fine settled; ~7% workforce cut — disclosed for transparency

How This Works With Our Signals

Full compatibility — and arguably the best Quant home. MT5 Raw executes our signals as published at the lowest round-turn commission of our picks, and the independently-tested low swap rates directly reduce the cost of the multi-day, weekend-holding Quant modules. Scalping, hedging and EAs are allowed.

The €100K fine deserves the sentence we gave it and no more: it was settled, disclosed, and oversight continues — a 20-year firm with one settled compliance fine remains a strong trust profile.

Pros & Cons

✓ $6 round-turn — the cheapest raw commission we list

✓ ~4.9/5 Trustpilot; 20 years under ASIC + CySEC

✓ Tested low swap rates — the best fit for multi-day Quant holds

✓ Five platforms including full MT5; $100 entry; free VPS

✓ No deposit, withdrawal or inactivity fees

– Settled a €100K CySEC fine in early 2026 (disclosed above)

– IRESS stock platform needs a separate $5,000 minimum

– Not available in all countries — check the restricted list

Why Our Signals Work With FP Markets

FP Markets pairs the lowest raw commission of our picks with tested-low swaps — which makes it, on pure cost, the strongest venue we review for the multi-day Quant book, and equal-best for the FVG feed.

Twenty years of ASIC/CySEC history and a near-perfect Trustpilot back it up. The 2026 fine is disclosed above; weigh it, but it would not stop us.

LOWEST RAW COSTS + LOW SWAPS?

The best pure-cost home for multi-day signal trading.

Visit FP Markets →Compare All Brokers →

FP MARKETSFULL REVIEW 2026