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20 brokers measured18 pricedmedian 7.0 USDformula v1.0Data captured 03.10.2026Some links are partner links. They never change a score or a position.
Score recalculated 03.10.2026

FP Markets — Australia

Key facts (8)

Who actually onboards you
First Prudential Markets Pty Ltd
Licence number
not stated
Established
2005group
Min deposit, USD
not stated
Platforms
MT4 · MT5 · cTrader · Iress
Local funding
AUD local funding
Max leverage
500geo
EURUSD
1.0 pipsgroup

This broker against the Australia middle (18 of 20)

FP MarketsAustralia median
Round turn, USD7.0 USD7.0 USD
Min deposit, USDno data0.0 USD
Max leverage500geo30.0geo
Withdrawal, hno data24.0 h
EURUSD, standard1.0 pipsgroup0.86 pips
EURUSD, raw0.1 pipsgroup0.0 pips
Established2005group2008.0
Platforms43.5

Accepts residents of Australia

Yes Australian clients are served under an ASIC-regulated entity.

Score (5/6 axes)

4.53 of 5
reviews7525%
cost9020%
safety9020%
track_record10010%
platforms7010%

Ranked against brokers measured on every axis

Licence check

Licence number
not stated
Checked
2026-08-27

Australian client activity is described as being under the Australian subsidiary regulated by ASIC, a tier 1 regulator. The Australia-facing site presents FP Markets Australia as the local offering.

Who actually onboards you

First Prudential Markets Pty Ltd

Entity not established

Australian clients are served by the Australian subsidiary/brand entity referenced as First Prudential Markets PTY LTD and FP Markets Australia. The Sydney office is listed at Level 5, Exchange House, 10 Bridge Street, Sydney, NSW 2000.

How dear this broker is in Australia (18 of 20)

Round turn, USD
7.0 USD
Median
7.0 USD

raw+commission

Account tiers and their minimums

Forex, CFD, Share

The Australia-facing site lists Forex Trading, CFD Trading, and Share Trading as available service categories. Separate references also mention MT4/MT5, Iress, and Islamic account types globally.

Payouts

Withdrawal, h
not stated

A conservative reading is that FP Markets supports standard funding methods, though the exact AU method list is not fully shown here.

Platforms, and what is listed on them (4)

MT4 · MT5 · cTrader · Iress

10,000+ across 6 classes

What the review platforms say

Reviews
4.5/5 from 1,000+ reviewsgroup

User Reviews 4.5/5 from 1,000+ reviews

The balance sheet of this broker

Pros (2)

  • Licensed locally: register entry
  • Swap-free account available

Cons (3)

  • Round turn 7.0 USD against a Australia median of 7.0
  • Withdrawal time not published
  • Minimum deposit for this country not published

Comparable firms serving Australia (6)

Where it does not serve

United States, Afghanistan, Albania, Angola, Bahamas, Bahrain, Belarus, Belgium, Bolivia, Botswana, Brunei, Cambodia, Cameroon, Republic of Congo, Costa Rica, Ivory Coast, Croatia, Cuba, Democratic Republic of Congo, Dominican Republic, Ecuador, El Salvador, Eswatini, Ethiopia, Haiti, Hong Kong, Iran, Iraq, Jamaica, Jordan, Kuwait, Laos, Lebanon, Lesotho, Libya, Luxembourg, Madagascar, Malta, Maur

Methodology

2 + 3 × weighted mean of six axes · reviews 25%, cost 20%, safety 20%, payouts 15%, track_record 10%, platforms 10%

Methodology

Verified · what changed · sources (0)

Checked: 2026-08-27

FAQ (4)

Does FP Markets accept residents of Australia?

Yes. Australian clients are served under an ASIC-regulated entity.

Which entity onboards a Australia client of FP Markets?

First Prudential Markets Pty Ltd

What licence does FP Markets hold for Australia?

No licence number is published for this country. Australian client activity is described as being under the Australian subsidiary regulated by ASIC, a tier 1 regulator. The Australia-facing site presents FP Markets Australia as the local offering.

What does one EURUSD lot cost at FP Markets?

7.0 USD per round turn against a Australia median of 7.0 USD, measured on 18 of 20 brokers.