FP Markets offers several account and platform routes. The Standard/Raw comparison below uses dated Australian retail evidence. The general cTrader page publishes its own Standard and Raw fee schedules, while Iress and Mottai have separate market-access and funding terms. Each regional company uses its own agreement.[2][5][1][6]
Accounts & headline costs
Sections ↑Broker essentials01
Company and service reference
| Measure | Value | Context |
|---|---|---|
| Established | 2005 | Company-stated operating history.Source 3 |
| Published instrument range | 10,000+ | Group range; product/platform availability differs.Source 3 |
| Australian legal company | First Prudential Markets Pty Ltd | ABN 16 112 600 281.Source 1 |
| ASIC licence | 286354 | Company-disclosed AFSL; no complete current ASIC permissions record was independently read.Source 1 |
| Cyprus legal company | First Prudential Markets Ltd | Company registration HE 372179; CySEC 371/18.Source 1Source 8 |
Account comparison02
Australian forex/CFD account terms
| Term | Standard | Raw |
|---|---|---|
| Published minimum deposit | AU$100 or equivalent | AU$100 or equivalentSource 2 |
| Spread from | 1.0 pips | 0.0 pipsSource 2 |
| Commission per lot | Zero | AU$3.50 per sideSource 2 |
| Maximum retail leverage | 1:30 | 1:30Source 2 |
| Minimum trade | 0.01 lot | 0.01 lotSource 2 |
| Core products | FX, metals, indices, commodities | FX, metals, indices, commodities and stocksSource 2 |
| Automation / VPS | EAs and VPS available | EAs and VPS availableSource 2 |
Account comparison03
Account and service routes at a glance
| Route | Primary pricing or market model | Boundary that matters |
|---|---|---|
| Standard | Spread-led FX/CFD pricing; no per-lot commission in the compared account table | Dated Australian account table: AU$100; the Australian FAQ separately says no minimum for main platform accounts.Source 2Source 4 |
| Raw | Spreads from zero plus AU$3.50 per side in the Australian table | A minimum spread and commission are separate components.Source 2 |
| cTrader | General fee page offers Standard and Raw schedules | Raw forex/metals commission is USD 3 per lot each way; Standard embeds its charge in the spread.Source 6 |
| TradingView | Connected charting and order route | The cTrader fee schedule does not establish the fee for a TradingView account.Source 5 |
| Iress / Mottai | Share and multi-asset market-access route | Separate opening/funding references and market/exchange charges; do not apply MetaTrader prices.Source 4Source 5 |
Products & platforms
Sections ↑Platforms & products04
Platform and product boundaries
| Platform | Published capability | What should not be assumed |
|---|---|---|
| MetaTrader 4 | FX/CFD trading with Expert Advisors and the established MT4 toolset | MT4 availability does not establish Iress share pricing or every MT5 instrument.Source 2Source 5 |
| MetaTrader 5 | Broader CFD and order environment than MT4 | The instrument list and account permissions remain symbol- and region-specific.Source 2Source 5 |
| cTrader | Standard and Raw schedules are published on its fee page | Forex/metals commission is zero on Standard and USD 3 per lot each way on Raw.Source 6 |
| TradingView | Connected charting/order interface for supported account routes | Third-party interface availability does not change the contracting company.Source 5 |
| Iress / Mottai | Share and multi-asset access | Funding, market data, exchange and brokerage schedules are separate from MetaTrader/cTrader.Source 4Source 5 |
Fees & holding costs
Sections ↑Pricing & charges05
cTrader general fee schedule: Standard versus Raw
Pricing & charges06
cTrader share and ETF commissions
Pricing & charges07
Cost layers by route
| Layer | Standard / Raw / cTrader | Iress / Mottai boundary |
|---|---|---|
| Spread | Standard starts from 1.0 pip; Raw from 0.0; cTrader uses the applicable live spread | Exchange quote and market spread rather than a universal FX spread field.Source 2Source 6 |
| Commission | Australian table: Standard zero, Raw AU$3.50 per lot per side. General cTrader page: Standard FX/metals zero, Raw USD 3 per lot each way. | Market- and instrument-specific brokerage/venue charges.Source 2Source 6 |
| Financing | Held CFD positions can have instrument-specific overnight charges | Cash securities and margin arrangements require the Iress/Mottai schedule.Source 2Source 4 |
| Platform / data | No universal platform fee established for the main MT/cTrader routes in this profile | Use the separate Iress/Mottai tariff; no amount is guessed here.Source 4Source 5 |
| Funding / intermediary | FP Markets states no fee for the listed Australian deposit methods | Banks, wallets, exchanges and intermediaries can impose separate costs.Source 4 |
Execution & trading rules
Sections ↑The Australian Financial Services Guide identifies FP Markets as principal and counterparty to client OTC transactions. Exchange-linked DMA descriptions explain price sourcing and hedging; they do not turn a CFD into direct ownership of the underlying asset or remove counterparty exposure.[7]
Deposits, withdrawals & transfers
Sections ↑Account comparison08
Australian funding references
| Method / rule | Published treatment | Timing |
|---|---|---|
| Card / PayPal deposit | No FP Markets fee | Usually instant or within minutes.Source 4 |
| Bank transfer deposit | No FP Markets fee | Generally 1–3 business days.Source 4 |
| BPay / PayID | No FP Markets fee | Usually within 1 business day.Source 4 |
| Third-party deposit | Not accepted | Source must belong to the verified account holder.Source 4 |
| Withdrawal | No FP Markets fee stated | Banks, wallets or intermediaries may charge.Source 4 |
The Australian application includes personal information, platform selection, supporting documents and a knowledge test. The published approval indication is generally one business day after the requirements are met. Iress/Mottai have a separate AU$1,000 initial funding reference in the FAQ; that figure must not be used as the Standard/Raw deposit requirement.[4]
At a glance09
Cash withdrawal procedure
| Item | Published rule | Practical meaning |
|---|---|---|
| Request | Client Area → Funding → Withdraw. | The account must have available funds. |
| Return route | Repay the original funding sources; card deposits come first when several methods were used. | Remaining profits can use an alternative permitted method after source repayments. |
| Published processing | Typically one business day; bank transfer may require another one to three days. | Broker processing and bank receipt are distinct stages. |
| Support | Customer support by live chat, telephone and email. | The detailed Australian FAQ states 24/5; a general page banner uses 24/7 wording. |
Protection & regulation
Sections ↑Entities & regulation10
Entity map
| Legal entity | Jurisdiction | Regulatory reference and evidence |
|---|---|---|
| First Prudential Markets Pty Ltd | Australia | Company-disclosed AFSL 286354; current permissions not independently confirmed hereSource 1 |
| First Prudential Markets Ltd | Cyprus | CySEC 371/18; named authority entry matched through its primary indexed recordSource 1Source 8 |
| FP Markets (Pty) Ltd | South Africa | Company-disclosed FSCA FSP 50926; current permissions not independently confirmed hereSource 1 |
At a glance11
Australian complaint and insurance references
| Item | Published rule | Practical meaning |
|---|---|---|
| Internal complaint | Write to [email protected]. | Provide the account and transaction information needed to investigate. |
| Response target | Immediate resolution where possible; otherwise aim for a reasoned decision within 30 calendar days. | A service target is not a guarantee of the desired outcome. |
| External route | Australian Financial Complaints Authority if the issue remains unresolved. | Eligibility and AFCA rules apply. |
| Professional indemnity | Insurance covering relevant conduct by current and former employees. | This is not a guarantee against market losses or an unlimited client compensation fund. |
Opening an account & support
Sections ↑Published Australian routes
Australian complaint submissionEmail
[email protected]Source 7
Scope Internal complaint route identified in the Australian Financial Services Guide.
Australian account and funding FAQWebsite
https://www.fpmarkets.com/en-au/education/faq/Source 4
Scope Opening, verification, funding, withdrawal and support information.
Platform overviewWebsite
https://www.fpmarkets.com/trading-platforms/Source 5
Scope Current platform routes; regional and product eligibility remains account-specific.
No support response, complaint outcome or withdrawal completion was tested.
Additional services
Sections ↑Platforms & products12
Specialist routes and tools
| Service | What it adds | Boundary |
|---|---|---|
| VPS | Hosted environment for eligible automated strategies | Eligibility and any fee/volume conditions require the current account terms.Source 2Source 5 |
| Expert Advisors | MetaTrader automation | The broker does not validate strategy performance through the platform listing.Source 2 |
| TradingView | Chart-led connected dealing | The connected account retains its own commission and product schedule.Source 5 |
| Iress / Mottai | Specialist share and multi-asset access | Separate funding, brokerage, market-data and settlement terms.Source 4Source 5 |
Company background & evidence
Sections ↑FP Markets states that it was established in 2005 and advertises more than 10,000 instruments across the group. Those are company-level breadth claims; the actual account menu is determined by the regional company, platform and permissions.[3][1][5]
- Headquarters
- Sydney, Australia — Australian operating company; other regional entities are separate
- Founded
- 2005
Legal entities & licences
These are source-dated records, not a blanket assessment of the broker. Read each issuer, identifier, status and scope together.
First Prudential Markets Pty Ltd
AustraliaSource 1
| Issuer & identifier | Recorded status | Date & scope |
|---|---|---|
| Australian Securities and Investments Commission286354 | Not verified | Checked 29 Oct 2026FP Markets discloses AFSL 286354. A complete current ASIC permissions record was not independently read; the reference is not presented as a fresh authority confirmation.Source 1 |
First Prudential Markets Ltd
| Issuer & identifier | Recorded status | Date & scope |
|---|---|---|
| Cyprus Securities and Exchange Commission371/18 | Authorised | Checked 29 Oct 2026CySEC’s named licensed-firm entry was matched in its primary indexed record: 371/18, authorisation 19 November 2018, HE 372179 and approved fpmarkets.eu / fpmarkets.com/eu. The direct page timed out; detailed permissions were not freshly expanded.Source 8 |
Sources & further reading
- Regulation and operating entities FP Markets · Accessed 9 Oct 2026
- Forex trading account types FP Markets Australia · Accessed 9 Oct 2026
- About FP Markets FP Markets · Accessed 9 Oct 2026
- Australian trading and account FAQ FP Markets Australia · Accessed 15 Oct 2026
- Trading platforms overview FP Markets · Accessed 9 Oct 2026
- cTrader fees and charges FP Markets · Accessed 29 Oct 2026
- Australian Financial Services Guide FP Markets · Accessed 15 Oct 2026
- CySEC named licensed-firm entry: First Prudential Markets Ltd Cyprus Securities and Exchange Commission · Accessed 29 Oct 2026
This profile reports dated public information, including broker-published services and terms. It does not independently test or guarantee execution, pricing or withdrawals. Inclusion is not an endorsement. Permissions and protections apply only to the named legal entity, service and client category; check the current official records and your contract.