FP Markets Overview
FP Markets combines ECN/STP execution with one of the industry's widest instrument ranges, spanning over 10,000 markets including forex, indices, commodities and individual share CFDs via the IRESS platform. The broker's $7-per-lot cashback program adds ongoing value for high-volume traders.
Pros & Cons
✓ Pros
- 10,000+ tradeable instruments including share CFDs
- $7 per lot cashback rebate program
- IRESS platform available for advanced share trading
- ASIC regulated since 2005
✗ Cons
- No Islamic swap-free account option
- Educational resources less extensive than competitors
- $100 minimum deposit higher than some rivals
Our Verdict
8.8
Excellent — Highly Recommended
★★★★½
FP Markets scores 91/100 overall in our independent rating system, based on regulation strength, trading costs, platform reliability, and verified trader feedback.