The Trading Expert

FP Markets Review

Raw-spread accounts and MT4/MT5 plus cTrader on the EU entity; confirm any other platform by entity before opening an account.

Reviewed by TheTradingExpert · Updated · Brokers

VerifiedLast verified on 23 September 2026. Provider conditions can change; confirm the current terms before paying.
4.2/5
EDITORIAL SCORE
AT A GLANCE

Best for: Cost-sensitive traders who want raw-spread accounts and full MT4/MT5 support.

Avoid if: You need a specific regional entity or product FP Markets does not offer in your country.

ACCOUNT TYPES
Standard & raw-spread
PLATFORMS
MT4, MT5, cTrader (EU); TradingView varies by entity
MARKETS
Forex, CFDs, shares
REGULATION
ASIC, CySEC, FSCA, FSA (entity-dependent)
EA SUPPORT
Full MetaTrader support

Disclosure: A commercial partnership exists with this provider. It never affects the editorial score or verdict.

Our verdict

FP Markets offers raw-spread account options and MT4, MT5 and cTrader on its EU site. TradingView appears on some group sites, but is not listed by the EU entity, so EU traders should not count on it. 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.

SCORE BREAKDOWN
Trading costs & account model4.5 / 5 · 25%

A commission-free Standard account and a raw-spread account with per-lot commission, with deposit requirements dependent on the entity and account; compare the all-in cost per lot rather than the headline spread.

Regulation & transparency4.0 / 5 · 20%

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.

Platforms & execution4.5 / 5 · 20%

The EU entity currently promotes MT4, MT5 and cTrader; TradingView appears on some non-EU group sites, so it must not be assumed available for EU clients. MetaTrader supports EAs.

Funding & withdrawals4.0 / 5 · 20%

Broad funding methods, but availability, fees and timelines depend on your region and entity — test a small withdrawal first.

Support & trader experience4.0 / 5 · 15%

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.

Strengths
  • Competitive raw-spread account options
  • MT4/MT5 and cTrader on the EU site
  • Broad multi-asset instrument range
Trade-offs
  • 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

For EU clients, FP Markets lists MT4, MT5 and cTrader. Other group sites list TradingView as well, but availability should be confirmed for the onboarding entity. 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.

WHAT TO VERIFY BEFORE YOU SIGN UP
  1. 1Which regulatory entity serves your country and what protections it provides.
  2. 2The all-in cost (spread plus commission) on the instruments you actually trade.
  3. 3Whether your account type supports your EA or strategy without restrictions.
  4. 4Deposit and withdrawal methods, timelines and any fees for your region.
  5. 5Swap rates if your strategy holds positions overnight.
REVIEW UPDATES
Published:
Last reviewed:
  • 23 September 2026 · Review — Rechecked Standard/Raw accounts, platforms and regional regulation. Removed a universal $100 deposit claim because minimums depend on the account and onboarding entity. Platform subscore reduced from 5.0 to 4.5 because EU TradingView availability is not advertised; computed overall 4.2.
  • 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.

FINAL VERDICT
4.2/5.0

Raw-spread accounts and MT4/MT5 plus cTrader on the EU entity; confirm any other platform by entity before opening an account.

FAQ

Frequently asked questions

Which platforms does FP Markets support?

The EU entity currently lists MT4, MT5 and cTrader; other group sites also mention TradingView. Check your onboarding entity. MetaTrader is the relevant platform for EAs.

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.

Where to go next