FP Markets
Low-cost ECN with deep instrument range
Overview
FP Markets has operated from Sydney since 2005 and stands out by combining true ECN forex pricing with IRESS — a professional platform offering direct market access to Australian and international shares. The Raw account delivers forex spreads from 0.0 pips with a modest commission, while a low AUD $100 minimum keeps the door open to newer traders. With more than 10,000 tradable instruments, it bridges the gap between a pure forex broker and a full-service trading house.
Pros
- Raw forex spreads from 0.0 pips
- IRESS platform for direct-market share trading
- Low AUD $100 minimum deposit
- Strong, responsive customer support
Cons
- IRESS data fees apply for share-trading features
- Crypto availability varies by region
Trading platforms
How we reviewed FP Markets
This review was compiled by Marcus Hale, senior markets analyst & editor with 15+ years of experience, and its regulatory details were independently fact-checked against ASIC’s public registers. We rate brokers on regulation and safety, the true cost of trading, platform and execution quality, instrument range and customer support. Read our full review methodology to see exactly how scores are reached.