FP Markets
ASIC
CySECFP Markets Founded in 2005, FP Markets is a well-established, multi-regulated broker holding licenses from ASIC, CySEC, and FSCA. With access to over 10,000 financial instruments across forex, equities, indices, commodities, and cryptocurrencies, the platform supports MT4, MT5, cTrader, TradingView, and IRESS. Rated an outstanding 4.9/5 on Trustpilot by over 9,000 verified users — with 94% awarding five stars — FP Markets is the broker of choice for active traders who demand ultra-tight spreads, deep liquidity, and professional-grade execution.
Data, terms and limitations
- Data source
- Broker records maintained by Cloud Speed
- Term verification
- No item-by-item verification record supplied
XAUUSD: Per-lot cost example
Displayed account: Standard
Spread cost + commission - rebate = estimated net cost
$35/lot + $0 - $19/lot = $16/lot
Uses the displayed account and instrument data in USD per lot. Excludes swaps, slippage, conversion and funding fees. Confirm whether commission is quoted per side or for the full trade; these figures are not a live quote or a profit guarantee.
Before relying on a rebate, confirm the referral link, account type, legal entity, country eligibility, qualifying trades and payment schedule with the broker or partner. A payment frequency in the table is not evidence of a completed payout.
Trading Cost Overview
Displayed account: Standard
| Instrument | Spread Cost | Commission | Swap Long | Swap Short | Rebate | Net Cost |
|---|---|---|---|---|---|---|
| XAUUSD | $35/lot | $0 | 0 | 0 | $19/lot | $16/lot |
| EURUSD | $10/lot | $0 | 0 | 0 | $0/lot | $10/lot |
| GBPUSD | $12/lot | $0 | 0 | 0 | $0/lot | $12/lot |
| USDJPY | $12/lot | $0 | 0 | 0 | $0/lot | $12/lot |
Account Types
| Account Type | Min Deposit | Base Currency | Leverage | Commission | Swap Type |
|---|---|---|---|---|---|
| Standard | 100 | USD, EUR | 1:500 | 0 | Swap-free available |
| Raw | 100 | USD, EUR | 1:500 | 6 | Swap-free available |
Execution Details
Max Leverage
1:500
Margin Call / Stop-out
100% / 50%
Execution Type
Market
Platforms
Markets
Rebate Details
| Account | Instrument | Rebate | Auto Rebate | Rebate Cycle |
|---|---|---|---|---|
| Standard | XAUUSD | $19/lot | Yes | Weekly |
| Standard | EURUSD | $0/lot | Yes | Weekly |
| Standard | GBPUSD | $0/lot | Yes | Weekly |
| Standard | USDJPY | $0/lot | Yes | Weekly |
Regulation & Safety
| Regulator | Entity | License ID | Jurisdiction | Protection |
|---|---|---|---|---|
| ASIC | First Prudential Markets Pty Ltd | 286354 | Australia | Segregated accounts |
| CySEC | FP Markets LLC | 371/18 | Cyprus | €20,000 ICF |
FP Markets score-based review
FP Markets currently scores 7.8/10 on Cloud Speed. The strongest signal is Tools, while Regulation is the area traders should review more carefully before opening an account.
Weights: regulation 30%, cost 30%, execution 15%, transparency 10%, tools 10%, risk model 5%. Missing sub-scores currently default to 6/10. Scores are comparison aids, not independent safety certifications.
Strongest signals
Tools scores 8.5/10, which is one of the stronger parts of the FP Markets profile.
Cost scores 8.0/10, which is one of the stronger parts of the FP Markets profile.
What to verify
Regulation scores 7.3/10, so traders should confirm the latest broker terms instead of relying on one headline metric.
Risk model scores 8.0/10, so traders should confirm the latest broker terms instead of relying on one headline metric.
Who it may fit
FP Markets is most useful to compare when you care about XAUUSD net cost ($16/lot), platform support (MT4, MT5, cTrader), minimum deposit (100), and automatic rebate handling.
Opening checklist
- Confirm the account entity and regulation references: ASIC, CySEC.
- Check whether your country, account type, and platform qualify for the displayed rebate.
- Confirm deposit, withdrawal, leverage, stop-out, and rebate payout terms before funding.
FP Markets trading cost and rebate notes
FP Markets is listed with XAUUSD cost data showing $35/lot spread cost, $19/lot rebate, and an estimated $16/lot net cost. These figures help traders compare the practical cost after rebates instead of looking at spread or rebate in isolation.
FP Markets supports MT4, MT5, cTrader and covers markets such as XAUUSD, EURUSD, GBPUSD, USDJPY. Traders should first confirm that the broker supports the platform, account type, and instrument they actually plan to trade.
FP Markets regulation references include ASIC, CySEC. Regulation, licensed entity, regional eligibility, funding rules, and withdrawal terms should all be reviewed before opening an account.
Frequently asked questions
Rating Breakdown
FP Markets
Up to $19.00/lot rebate