FP Markets Fees and Spreads trading will involve fees from USD 3, Spreads from 0.0 Pips, and commission-free trading depending on the account traders select. The minimum deposit amount required to register an FP Markets live trading account is USD 100.
| 🔎 Account | 🥇 Standard | 🥈 Raw |
| 💰 Min. Deposit | $100 USD | $100 USD |
| 🔁 Spreads from | 1.0 Pips | 0.0 Pips |
| 📈 Max Leverage | 500:1 | 500:1 |
| 💳 Commission per Lot | Zero | $3 USD per side |
| 🚀 Open an Account | 👉Open Account | 👉Open Account |
Overall Rating
- 4.9/5
Min Deposit
AUD 100
Regulators
ASIC, CySEC, FSCA, FSA, FSC, CMA
Trading Platform
MT4, MT5, Iress, WebTrader, cTrader, TradingView, Mobile App
Crypto
Yes
Total Pairs
70+
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
FP Markets Fees and Spreads – Key Point Quick Overview
- ☑️ Fees, Spreads, and Commissions
- ☑️ Deposit and Withdrawal
- ☑️ How to open an FP Markets Account
- ☑️ Pros and Cons
- ☑️ In Conclusion
- ☑️ Frequently Asked Questions
Fees, Spreads, and Commissions
FP Markets offers tight spreads starting from 0.0 pips and low commissions, with commission-free options on some accounts. Swap fees vary by account and asset. There are no deposit or withdrawal fees for most methods, and the minimum deposit is 100 AUD or its equivalent. Leverage options go up to 1:500, depending on the account type and asset.
Frequently Asked Questions
Are there any hidden fees at FP Markets?
No, FP Markets is known for its transparent fee structure. There are no hidden fees for deposits or withdrawals, and the spreads and commissions are disclosed. The only fees you may encounter are swap fees, which vary depending on the account and asset type.
What is the spread like on FP Markets accounts?
FP Markets offers spreads starting from 0.0 pips, depending on the account type. The Raw Account typically has the lowest spreads, while the Standard Account features slightly higher spreads but with no commissions.
Are there any commissions on FP Markets?
Commissions depend on the account type. The Standard Account is commission-free, while the Raw Account involves low commissions, which are suitable for traders looking for tight spreads with a bit more active trading. Check the specific commission rates for each account type before choosing.
What is the minimum deposit required to start trading?
The minimum deposit to open an account with FP Markets is 100 AUD or its equivalent in other currencies. This makes it accessible for new traders as well as professionals.
Our Verdict
FP Markets offers a highly competitive and transparent fee structure with no hidden costs. With spreads starting from 0.0 pips, commission-free options on certain account types, and no deposit or withdrawal fees, FP Markets is an attractive broker for traders who value cost-effective trading. The various account types, high-leverage options, and strong regulation also make FP Markets a reliable choice for both beginners and professional traders.
Overall Rating
- 4.9/5
Min Deposit
AUD 100
Regulators
ASIC, CySEC, FSCA, FSA, FSC, CMA
Trading Platform
MT4, MT5, Iress, WebTrader, cTrader, TradingView, Mobile App
Crypto
Yes
Total Pairs
70+
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Deposit and Withdrawal
Account Funding
Depositing funds into your FP Markets trading account is straightforward and quick. FP Markets supports a range of payment methods, including credit and debit cards, bank transfers, and cryptocurrency options.
Credit and Debit Card
- Accepted Currencies: AUD, CAD, CHF, EUR, GBP, HKD, etc.
- Deposit Time: Instant for MT4/5; 1 business day for Iress
- Deposit Fees: No fees from FP Markets. Your card provider may charge fees.
Bank Transfer
- Accepted Currencies: EUR, USD
- Deposit Time: 1 business day from receipt of funds
- Deposit Fees: No fees from FP Markets; international fees up to $50 are covered for deposits over USD 10,000.
Cryptocurrency Payments
- Accepted Currencies: BTC, BCH, LTC, ETH (ERC20), USDT (ERC20), etc.
- Deposit Time: Up to 1 hour
- Deposit Fees: Blockchain fees applicable
Cryptocurrency Solution (LetKnowPay):
- Accepted Currencies: ADA, BCH, BTC, DASH, ETH, etc.
- Deposit Time: Up to 1 hour
- Deposit Fees: Blockchain fees applicable
Local Currencies
- Accepted Currencies: BRL (Brazilian Real)
- Deposit Time: Instant funding
- Deposit Fees: No fees
Bank Fees and Costs
- FP Markets covers deposit fees and internal bank fees for international transfers up to USD 50 for deposits over USD 10,000.
- Withdrawal fees are not charged by FP Markets, but intermediary banks may apply fees.
Third-Party Payments
- Payments from third parties are not accepted. Funds must come from the account holder’s accounts.
Segregated Funds
- Client funds are held in segregated accounts with AA-rated Australian banks, separate from the company’s funds.
For deposits, log in to the secure Client Area, select “Funding,” choose “Deposit,” and follow the prompts. The minimum deposit is 100 AUD or equivalent for both Standard and Raw accounts. International transfers may take up to five business days. Contact FP Markets via live chat or email if you encounter any issues.
Withdraw Funds
FP Markets makes withdrawing funds from your trading account straightforward and efficient via their Secure Client Portal. You can use various methods including credit/debit cards, bank wire transfers, and cryptocurrencies.
- Withdrawal Process: Log into the Secure Client Portal to initiate a withdrawal. Funds must be withdrawn using the same method as the initial deposit. If multiple methods were used, start by withdrawing amounts back to the same credit/debit card before using other methods for remaining withdrawals.
- Fees: FP Markets does not charge additional internal fees for withdrawals. However, intermediary bank fees may apply for international transactions, which are the client’s responsibility.
If you encounter issues with withdrawals due to bank or country restrictions, contact FP Markets via live chat or email for support.
Frequently Asked Questions
What payment methods can I use to fund my FP Markets account?
FP Markets supports a variety of payment methods including credit/debit cards, bank transfers, and cryptocurrencies like BTC, ETH, and USDT.
Are there any deposit fees at FP Markets?
FP Markets does not charge deposit fees, but your card provider or intermediary banks may apply charges, especially for international transfers.
How long does it take to deposit funds into my account?
Deposits are usually instant for credit/debit cards (on MT4/5) and can take up to 1 business day for Iress. Bank transfers may take up to 1 business day, and cryptocurrency deposits can take up to 1 hour.
Are there any withdrawal fees?
FP Markets does not charge withdrawal fees. However, intermediary banks may apply fees for international transfers, which are the client’s responsibility.
Our Verdict
FP Markets offers quick and fee-free deposit and withdrawal processes, with multiple payment methods and a focus on secure, segregated accounts for clients. While there are no internal fees for most deposits or withdrawals, international transactions may incur third-party charges.
Overall Rating
- 4.9/5
Min Deposit
AUD 100
Regulators
ASIC, CySEC, FSCA, FSA, FSC, CMA
Trading Platform
MT4, MT5, Iress, WebTrader, cTrader, TradingView, Mobile App
Crypto
Yes
Total Pairs
70+
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
How to open an FP Markets Account
1. Step 1: Start the Registration Process
To open an account the applicant can click on the black “Open Live” button located at the top right corner of the FP Markets webpage.
2. Step 2: Choose Registration Option
The applicant can choose to register through three easy methods, Google, Facebook, and email.
3. Step 3: Complete Application
The applicant will be required to complete information in the following fields, Personal details, Account Configuration, and more.
Overall Rating
- 4.9/5
Min Deposit
AUD 100
Regulators
ASIC, CySEC, FSCA, FSA, FSC, CMA
Trading Platform
MT4, MT5, Iress, WebTrader, cTrader, TradingView, Mobile App
Crypto
Yes
Total Pairs
70+
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Pros and Cons
| Pros | Cons |
| FP Markets is regulated in several regions | There are limited instruments offered |
| MetaTrader, cTrader, and IRESS are available | research tools are not extensive |
| Tight Spreads | Withdrawal fees apply |
| There are low forex fees | No sign-up or no deposit bonus |
In Conclusion
FP Markets offers competitive fees, low spreads starting from 0.0 pips, and commission-free trading on certain accounts, making it an attractive choice for traders. With no deposit or withdrawal fees for most methods, a low minimum deposit of 100 USD, and high leverage options, it’s a cost-effective option for both beginners and professionals.
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Frequently Asked Questions
What is the minimum deposit to start trading with FP Markets?
The minimum deposit required to open a trading account with FP Markets is 100 USD or its equivalent in other currencies.
Are there any deposit fees?
FP Markets does not charge deposit fees, but third-party fees from card providers or banks may apply, especially for international transfers.
How long does it take to deposit funds?
Deposits are instant for credit/debit cards on MT4/5, up to 1 business day for Iress, and up to 1 hour for cryptocurrency deposits.
What payment methods can I use to fund my account?
You can fund your FP Markets account using credit/debit cards, bank transfers, and cryptocurrencies like BTC, ETH, and USDT.
Are there any withdrawal fees?
FP Markets does not charge withdrawal fees. However, intermediary bank fees may apply for international transfers.
How long does it take to withdraw funds?
Withdrawal times vary by method. Bank transfers and credit/debit card withdrawals may take up to 1 business day, while cryptocurrency withdrawals may take up to 1 hour.
What is the spread range at FP Markets?
Spreads at FP Markets start from 0.0 pips, depending on the account type, with the Raw Account offering the tightest spreads.
Are there commissions on all accounts?
Commissions depend on the account type. The Standard Account is commission-free, while the Raw Account involves low commissions.
Does FP Markets offer leverage?
Yes, FP Markets offers leverage up to 1:500, depending on the account type and asset traded.
Can I withdraw using a different method than my deposit method?
Funds must be withdrawn using the same method as the initial deposit. If multiple methods were used, start by withdrawing amounts back to the same card before using other methods.
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