Standard & Raw Accounts
Compare spread-inclusive and commission-based pricing models. Both account types have published minimum deposits, but regional terms should be verified.
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✦ GoldenTradeHub Broker Research
FP
FP Markets Review 2026
Forex & CFD Broker · Accounts, Fees, Platforms and Regulation
Explore FP Markets' Standard and Raw trading accounts, forex spreads and commissions, available platforms, regulated entities and CFD market access. Compare account structures and important trading risks before opening an account.
MetaTrader Account Types
Standard / Raw
Two main forex pricing models
Published Account Minimum
$100 AUD
Or equivalent; check your entity
Raw Forex Commission
$3 USD / Side
Per standard lot in a USD account
Regulatory Arrangements
Entity-Based
ASIC, FSA and other group regulators
FP Markets at a Glance
FP Markets offers forex and CFD trading through a range of account and platform options. Its MetaTrader Standard account uses spread-inclusive forex pricing, while the Raw account combines variable spreads with a separate commission. Availability and customer protections depend on the contracting entity.
Spreads & Commissions
Standard includes forex trading costs in the spread. Raw adds an instrument- and account-currency-dependent commission to variable spreads.
Review Pricing →Trading Platforms
MetaTrader 4 and MetaTrader 5 are central to the published forex account lineup. FP Markets also advertises additional platforms for eligible regions and accounts.
Explore Platforms →Forex & CFD Markets
Product categories can include currency pairs, metals, indices, commodities, share CFDs and digital-asset CFDs, subject to account eligibility.
Official Markets ↗Demo Trading
FP Markets provides demo options for exploring compatible platforms. Simulated trading results do not guarantee comparable live execution or performance.
View Account Options ↗Regulation & Legal Entities
FP Markets publishes authorisations for several group companies. These include an ASIC-regulated Australian company and a Seychelles FSA-regulated entity.
Review Regulation →Important: FP Markets is a group brand. For example, First Prudential Markets Pty Ltd lists Australian Financial Services licence 286354, while First Prudential Markets Limited lists Seychelles FSA licence SD130. Neither licence automatically applies to every customer. Verify the actual legal entity and current account documents before registering. Official references: Account Types ↗ and Regulation ↗ . Leveraged forex and CFD trading can result in significant losses.
Standard vs. Raw Accounts
FP Markets offers two primary MetaTrader forex pricing models. Standard accounts include broker trading charges in the spread, while Raw accounts use a variable raw spread plus a separately charged commission on forex trades.
SPREAD-INCLUSIVE
Standard Account
A forex pricing model without a separately charged trading commission. Broker charges are incorporated in the quoted variable spread.
Advertised Spread
1.0+
From 1.0 pip; variable
Forex Commission
$0
Separate commission per lot
- Published deposit minimum of AUD $100 or equivalent
- MetaTrader 4 and MetaTrader 5
- Advertised minimum forex size of 0.01 lot
- Support for Expert Advisors on eligible platforms
- Spreads can widen with market conditions
RAW + COMMISSION
Raw Account
A commission-based forex model with raw variable spreads. The commission must be included when estimating total transaction costs.
Advertised Spread
0.0+
From 0.0 pips; variable
USD Forex Commission
$3
Per standard lot, per side
- Published deposit minimum of AUD $100 or equivalent
- MetaTrader 4 and MetaTrader 5
- USD account forex commission: $6 round-turn per standard lot
- Advertised minimum forex size of 0.01 lot
- Commission and spreads vary by product and currency
✦ Side-by-Side Comparison
FP Markets Account Comparison
The account details below describe FP Markets' published MetaTrader forex offering. Regional and legal-entity differences can affect your terms.
| Feature | Standard | Raw |
|---|---|---|
| Pricing Model | Spread-inclusive | Raw spread + commission |
| Published Spreads From | 1.0 pip | 0.0 pips |
| Forex Commission (USD Account) | None separately charged | $3 per lot per side |
| Forex Round-Turn Commission | $0 separate commission | $6 USD per standard lot |
| Minimum Deposit | AUD $100 or equivalent | AUD $100 or equivalent |
| Advertised Minimum Trade | 0.01 lot | 0.01 lot |
| MetaTrader Platforms | MT4 / MT5 | MT4 / MT5 |
| Expert Advisors | Supported | Supported |
| Other Charges | Swaps and other applicable charges | Swaps, commissions and other charges |
| Regulatory Protection | Depends on contracting entity | Depends on contracting entity |
✦ Interactive Trading Cost Calculator
EUR/USD — Standard vs. Raw Cost Estimator
Enter your assumed EUR/USD spreads, trade size and Raw commission to compare the approximate cost of a completed trade on both account types.
Standard Spread Cost
$12.00
Raw Spread Cost
$2.00
Raw Round-Turn Commission
$6.00
Standard Total
$12.00
Raw Total
$8.00
Estimated Difference
$4.00
Lower Estimated Cost
Raw
Illustrative estimates, not live quotes. The 1.2-pip Standard and 0.2-pip Raw inputs are hypothetical assumptions, not the current FP Markets spreads. The $3 USD Raw commission reflects the published per-side forex schedule for USD-denominated accounts. The calculator assumes a USD trading account and one round-turn spread charge, with no overnight swap, slippage or conversion costs. Confirm all instrument-specific fees before trading.
Official FP Markets sources: Account Types ↗ , MT4 / MT5 Fees & Charges ↗ , Forex Spreads ↗ . Published minimum spreads may not be available during normal or volatile market conditions. Leveraged forex and CFDs carry substantial risk.
✦ Broker Regulation & Legal Entities
AFSL 286354
Licence SD130
FSP 50926
Official Regulation ↗
FP Markets Regulation
FP Markets operates through multiple legal entities. Each authorisation applies to the specific licensed company, not automatically to the entire group. Verify the company that will hold your account.
First Prudential Markets Pty Ltd
Australia · ASICAn Australian company authorised by the Australian Securities and Investments Commission for financial services within its licence conditions.
ASIC Official Website ↗First Prudential Markets Limited
Seychelles · FSAAn Investment Dealer company regulated by the Seychelles Financial Services Authority. Check the current licence and contractual documents.
Seychelles FSA ↗FP Markets (Pty) Ltd
South Africa · FSCAA Financial Services Provider authorised by the Financial Sector Conduct Authority. Service permissions depend on the applicable licence.
South African FSCA ↗Which Regulation Applies to Your Account?
The legal entity specified in your application and client agreement determines your regulatory framework. Do not assume that ASIC or another group's investor safeguards apply to an account contracted with a different company.
Verify the exact legal entity
Check the regulator's register
Review client-money arrangements
Read margin and leverage policies
Confirm country eligibility
Review the risk disclosure
Regulatory status does not eliminate market, counterparty or insolvency risk. For entity-specific terms, review the FP Markets legal documents ↗ .
✦ Trading Technology & Software
FP Markets Trading Platforms
Explore four trading platforms published by FP Markets. Select an option to view its functionality and access the broker's platform directory.
METAQUOTES PLATFORM
Explore Platform ↗
MetaTrader 4
MetaTrader 4 includes technical charting, indicators and automated trading with Expert Advisors.
Technical indicators
Expert Advisors
One-click trading
Desktop, web and mobile
Platform features, account types, supported instruments and transaction costs may vary by entity. Connecting to a supported platform does not guarantee any particular trading outcome.
✦ Payments & Account Funding
Payment Terms ↗
Deposits & Withdrawals
FP Markets provides several account-funding options, but the available methods, processing periods and fees depend on the customer's region, account and payment provider.
Funding Methods
Cards, Transfers & Eligible ProvidersSupported funding methods can include Visa, Mastercard, bank transfers and other region-specific options. Deposits must come from an account in the customer's name. Third-party funding is not accepted.
Withdrawals
Verification & Payment Rules ApplyWithdrawal methods and processing can depend on the original funding source and account verification. FP Markets states that card deposits are returned to the card, subject to its payment terms. Bank processing may add further time.
Payment Fees
Check the Current ScheduleFP Markets covers certain payment processor charges for MT4 and MT5 accounts under its policy. Independent bank, intermediary and payment-provider fees can still apply. Fees and exemptions may change.
Verify Deposit & Withdrawal Conditions
Review the latest transaction-fee policy before funding. Confirm payment availability, applicable fees, limits, withdrawal rules and estimated processing times.
Processing times are not guaranteed settlement times. Broker charges and intermediary-bank fees should be evaluated separately. Official reference: FP Markets transaction fees ↗ .
FP Markets Pros & Cons
A balanced overview of FP Markets' published trading features and important limitations. The observations below are not performance rankings or guarantees.
Potential Advantages
- Standard and Raw forex accounts offer two different trading cost structures.
- Published minimum deposit of AUD $100 or equivalent for the main MetaTrader accounts.
- Raw forex pricing advertises spreads starting from 0.0 pips.
- Access to MetaTrader 4 and MetaTrader 5.
- cTrader and TradingView are available for eligible accounts and jurisdictions.
- Support for Expert Advisors and compatible automated trading workflows.
Important Limitations
- Leveraged forex and CFD trading can result in substantial financial losses.
- Raw account commissions must be added to spreads when comparing total trading costs.
- Advertised minimum spreads are not guaranteed on every transaction.
- Holding positions overnight may result in financing or swap charges.
- Legal protections, leverage and product availability depend on the contracting entity.
- Available funding methods and third-party payment charges may differ by region.
✦ GoldenTradeHub Research Summary
Final Assessment
What prospective customers should compare before choosing an FP Markets account.
What Stands Out About FP Markets?
FP Markets provides a straightforward distinction between its Standard and Raw MetaTrader account models. Standard embeds forex trading charges in the spread, while Raw offers variable raw spreads with a separately charged commission.
The broker's published Raw forex commission for a USD-denominated account is $3 per standard lot per side, or $6 for a completed round-trip trade. Traders need to add that cost to the actual spread paid when comparing accounts. Other currencies may have different commission amounts.
FP Markets also offers multiple trading platforms, including MetaTrader 4, MetaTrader 5, cTrader and TradingView, although the precise account compatibility and product availability should be confirmed before registration.
The appropriate account depends on trading instruments, expected trade frequency, total transaction costs, account eligibility and risk exposure. No trading platform or low-spread structure eliminates market risk.
FP Markets — Pre-Account Research Checklist
Confirm your contracting entity
Review the current spread schedule
Compare round-turn commission costs
Check platform and instrument eligibility
Read deposit and withdrawal terms
Understand leverage and liquidation risk
✦ FP Markets Questions & Answers
Frequently Asked Questions
Common questions about FP Markets' trading accounts, commissions, platform options and regulatory entities.
What account types does FP Markets offer?
FP Markets publishes Standard and Raw account types for MetaTrader forex trading. Other platform-specific arrangements and account products may also be available, depending on entity and eligibility.
What is the minimum deposit at FP Markets?
FP Markets publishes a minimum deposit of AUD $100 or equivalent for its Standard and Raw MetaTrader accounts. Check the amount shown during registration for your currency and entity.
How much commission does FP Markets charge on Raw accounts?
For forex trades in a USD-denominated MetaTrader Raw account, the published commission is $3 per standard lot per side, equivalent to $6 round-turn. Other base currencies or instruments may carry different fees.
Is FP Markets Raw always cheaper than Standard?
No. Raw has separately charged commissions alongside variable spreads, whereas Standard incorporates broker charges into the spread. Compare total costs using realistic spreads for the instrument and trade size.
Does FP Markets support MT4, MT5, cTrader and TradingView?
FP Markets advertises all four platforms, but they may support different account types and instruments. Its published forex comparison associates TradingView with the Raw account. Confirm compatibility with the broker.
Is FP Markets regulated?
FP Markets publishes multiple legal-entity authorisations, including First Prudential Markets Pty Ltd under Australian ASIC licence 286354 and First Prudential Markets Limited under Seychelles FSA licence SD130. The entity in your client agreement determines which framework applies to your account.
How do FP Markets deposits and withdrawals work?
Funding options and withdrawal methods vary by region and account. FP Markets applies identity-verification and payment-source requirements. Bank or payment-provider processing, conversion and other charges may apply. Review the latest transaction terms before requesting a withdrawal.
✦ Official Broker Information
Explore FP Markets Trading Conditions
Review Standard and Raw account specifications, current spreads, commissions, platform eligibility and legal documentation directly with the broker.
Risk warning: Forex and leveraged CFD trading involve significant risk and can cause substantial financial losses. Trading costs and execution conditions may change, especially during volatile markets. This review is general informational content, not personalised financial advice. Affiliate disclosure: GoldenTradeHub may receive compensation from certain broker links. Such compensation should not determine the findings of broker research. Official references: FP Markets Account Types , MT4/MT5 Fees & Charges , Regulation .