Our verdict
FP Markets pairs the two things cost-driven traders actually shop for: raw-spread account options and complete platform coverage across MT4, MT5, cTrader and TradingView. For EA workflows in particular, the full MetaTrader support without platform compromises is the practical headline.
The standard broker caveat applies with full force: which entity onboards you decides your regulatory protections, product range and sometimes pricing. The brand is multi-entity, and the entity — not the brand — is what you sign with.
It suits traders who compare all-in costs honestly (raw spread plus commission, not headline spread) and want their automation stack supported natively. Verify your country's entity and run the cost math on your actual instruments before funding.
A commission-free Standard account and a raw-spread account with per-lot commission, opened from a low $100 minimum deposit; compare the all-in cost per lot rather than the headline spread.
Multi-entity — ASIC (Australia), CySEC (Europe), FSCA (South Africa) and FSA (Seychelles) — with a long operating history since 2005; applicable protections depend on your onboarding entity.
Full MT4, MT5, cTrader and TradingView line-up with native Expert Advisor, scalping and hedging support.
Broad funding methods, but availability, fees and timelines depend on your region and entity — test a small withdrawal first.
Established multi-channel support; solid for an active-trading broker.
Dimensions are weighted as set out in our editorial policy. Sub-scores are editorial judgments, not measurements; the overall score is the weighted average of these dimensions.
- Competitive raw-spread account options
- Full MT4/MT5 plus cTrader and TradingView support
- Broad multi-asset instrument range
- Entity and protections vary by country — must be checked
- Choice of platforms and accounts requires some setup decisions
Account types and trading costs
The account decision at FP Markets is the classic raw-versus-standard trade: raw-spread accounts price the market tightly and add a fixed commission, standard accounts fold costs into the spread. For active strategies and EAs the raw model usually wins, but only the math on your own instruments and volumes settles it — compare round-turn costs, not marketing pages.
Platforms and automation
Full coverage of MT4, MT5, cTrader and TradingView means you choose the platform for your workflow rather than for the broker. The MetaTrader pair carries automation: EAs run natively, and the raw-spread accounts suit the cost profile most algorithmic strategies need.
Entities and funding
FP Markets operates through multiple regulated entities, and your residence decides which one you contract with — along with the protections and product list that follow. Funding options are broad, but methods and timelines differ by region; test a withdrawal early at modest size, as with any broker.
- 1Which regulatory entity serves your country and what protections it provides.
- 2The all-in cost (spread plus commission) on the instruments you actually trade.
- 3Whether your account type supports your EA or strategy without restrictions.
- 4Deposit and withdrawal methods, timelines and any fees for your region.
- 5Swap rates if your strategy holds positions overnight.
- Published:
- Last reviewed:
- 16 June 2026 · Review — Regulatory entities, account types and pricing were reviewed.
Conditions change — confirm current terms with the provider. Educational content, not financial advice; trading involves significant risk of loss.
Raw-spread accounts with the full MT4/MT5, cTrader and TradingView lineup — a strong fit for cost-driven and EA workflows, entity permitting.
Frequently asked questions
Which platforms does FP Markets support?
MT4, MT5, cTrader and TradingView. That covers manual, copy and automated workflows — for EAs, the full MetaTrader support is the relevant part.
Does FP Markets offer raw-spread accounts?
Yes — raw-spread accounts with commission sit alongside standard accounts. Compare the all-in cost per lot on your instruments, not the headline spread.
Which regulatory entity will I trade under?
It depends on your country of residence. The entity determines your protections and available products, so identify it explicitly before funding — it matters more than the brand.
Is EA trading possible?
Yes, the full MT4/MT5 support makes FP Markets a natural fit for automated strategies. Confirm any strategy-specific conditions on your chosen account type.
What are the main alternatives?
IC Markets for a similar raw-spread, execution-focused profile, and Pepperstone if you want to weight platform flexibility even higher. Both are reviewed on this site.
Better if you want to compare another raw-spread, execution-focused model.
Best for: Traders comparing execution, spread model and platform setup for active trading.
Read reviewBetter if platform breadth and TradingView-first workflows are your priority.
Best for: Traders who want MT4/MT5, TradingView/cTrader-style platform flexibility and established broker infrastructure.
Read review