FP Markets Fees and Spreads on major pairs such as the EUR/USD start from 0 pips, averaging around 0.00 with the Raw account and about 1.0 with the Standard account. Commissions are charged on the Raw account at USD 3/ R48 ZAR per side.
FP Markets Fees and Spreads – key points, quick overview:
- ☑️Overview
- ☑️FP Markets Fees and Spreads
- ☑️FP Markets at a Glance
- ☑️FP Markets Customer Review
- ☑️Pros and Cons
- ☑️Conclusion
- ☑️Frequently Asked Questions
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Overview
- FP Markets, a major player in the worldwide financial trading environment, has adjusted its services to fit the special demands of South African traders, providing a one-of-a-kind combination of conditions and features tailored to this market.
- Two of FP Markets' notable advantages for South African traders are deep liquidity pools and narrow spreads.
- This feature is especially useful for forex and CFD traders because it allows for more precise and cost-effective trading tactics.
FP Markets Fees, Spreads, and Commissions
| 💰 Fee Type |  |
| 💰 Spreads | Raw accounts: highly competitive, starting from 0.0 pips |
| 💸 Commissions | US $3 per lot per side on Raw accounts (combined with tight spreads) . |
| 🏦 Deposit Fees | No fees charged by FP Markets for most payment methods . |
| 💳 Withdrawal Fees | FP Markets doesn’t levy internal fees third-party charges may apply (e.g., banks, intermediaries) . |
| ⏳ Inactivity Fees | No inactivity charges for a specified time . |
| 🌙 Overnight Fees | Standard swap rates apply fees vary depending on the instrument and position held overnight . |
Spreads
- FP Markets is well-known for offering variable spreads on all trading accounts.
- The spread you will face is determined by the account type you select, the financial instrument you are trading, and the current market conditions.
- For example, the MT4/5 Standard Account has a typical spread of 1 pip for EUR/USD, making it a viable option for traders looking for competitive spreads.
- The MT4/5 Raw Account, on the other hand, provides highly tight spreads, with EUR/USD quoted at 0.0 pips, appealing to those who prefer minimal spreads for their trading strategies.
Commissions
- While FP Markets offers commission-free trading, it is essential to note that commissions are applied to zero-spread accounts.
- This commission compensates the broker for executing the trade.
- For example, traders on the MT4/5 Raw Account can expect a commission of US$3 per side.
- The same commission is applied to the MT4/5 Islamic Raw Account, ensuring traders' transparency in commission costs.
Overnight Fees
- FP Markets’ overnight fees are based on the interest rate differential between the two currencies involved in a trade.
- The firm adds a markup to current bank interest rates, incorporated into the broker fees.
- These overnight fees are calculated automatically by the trading platform, specifically MetaTrader 4 and 5, making it easier for traders. Investors must know the possibility of positive and negative overnight fees depending on their trading positions.
Deposit and Withdrawal
- FP Markets does not charge deposit fees, making it affordable for traders to start.
- However, withdrawal fees apply when you withdraw funds from your trading account.
Therefore, the following fees must be considered when planning your financial transactions with FP Markets:
| 💳 Payment Method | 💰 Fee |
| 🟢 Neteller | 1% up to $30 |
| 🟣 Skrill | 1% + Country Fees |
| 🌐 Fasapay | 0.50% |
| 🏦 Asia Banks | 1.5% |
| 🐉 Dragonpay | 1.5% |
| 💎 Perfect Money | 0.5% |
| 🟠 Sticpay | 5% (Bank Wire), 2.5% (Wallet) |
| 🇮🇳 Rupee Payments | 5.75% |
| 🚀 Rapid Transfer | 1% |
| 💼 Virtual Pay | 2% |
| 💱 XPAY | 1.5% (No fee on THB) |
| 🇧🇷 Pagsmile | 3% |
| 🏛️ Bank Transfer | 3.75% |
| 🏧 Local Bank Transfer (QR | 1% |
| 💻 Online Banking | 1.5% |
FP Markets Inactivity Fees
- FP Markets does not charge inactivity fees
- This gives you the flexibility to trade and manage your account at your preferred speed without the concern of incurring supplementary charges during periods of inactivity.
FP Markets Currency Conversion Fees
- Traders who trade in multiple currencies should know that FP Markets may charge currency conversion fees when converting funds to or from your base account currency during the deposit and withdrawal processes.
What are FP Markets’ trading fees?
FP Markets offers tight spreads from 0.0 pips on Raw accounts and charges $3 per lot per side. Standard accounts have no commissions but slightly wider spreads.
Are there any non-trading fees?
Yes, fees may apply for inactivity, withdrawals, or third-party payment processing. However, deposit fees are typically waived, and fee transparency is a core part of FP Markets’ service.
FP Markets At a Glance
| Company Information | |
| 📅Year Founded | 2005 |
| 🧑🏻💻Amount of staff | 274 |
| 👩💻Amount of active traders | Over 200,000 |
| 🌐Publicly Traded (Listed Company) | No |
| Regulation and Security | |
| 🛡️Regulation | ASIC, CySEC, FSCA, FSA, FSC |
| 🌎Country of regulation | Australia, Cyprus |
| 💻Account Segregation | Yes |
| 🪫Negative balance protection | Yes |
| 🔋Investor Protection Schemes | Yes |
| Account Types and Features | |
| ➕Accounts | Standard, Raw ECN, and VIP accounts available |
| 💳Institutional Accounts | Yes, tailored solutions for institutional clients |
| 👨💼Managed Accounts | Yes, offered through third-party managed account services |
| 📇Minor account currencies | USD, EUR, GBP, AUD, JPY, and others |
| 💰Minimum Deposit | $100 USD |
| Trading Conditions | |
| 🕞Average deposit/withdrawal processing time | Deposits are typically processed instantly; withdrawals usually within 1-2 business days |
| 🪙Fund Withdrawal Fee | Generally no fees for withdrawals; may vary based on method |
| 📊Spreads from | Spreads start from 0.0 pips on Raw ECN accounts |
| 💸Commissions | From $3.5 per side per lot on Raw ECN accounts |
| 💱Number of base currencies supported | Over 10 base currencies including USD, EUR, GBP, AUD, JPY, and others |
| 🚀Swap Fees | Swap fees apply; may vary depending on the position and account type |
| 📈Leverage | Up to 1:500 depending on the account type and instrument |
| 📏Margin requirements | typically 0.2% - 1% |
| ☪️Islamic account (swap-free) | Yes |
| 💻Demo Account | Yes |
| ⌛Order Execution Time | Typically 40-50 milliseconds on Raw ECN accounts |
| 📆VPS Hosting | Yes |
| Trading Instruments | |
| 🧾CFDs-Total Offered | Over 1,000 CFDs across various asset classes |
| 🗠CFD Stock Indices | Yes,Major global indices including S&P 500, NASDAQ, FTSE 100, DAX, and more |
| ⚖️CFD Commodities | Yes, Includes commodities such as Gold, Silver, Oil, Natural Gas, and more |
| 📜CFD Shares | Yes, A wide range of global stocks from major markets including US, UK, EU, and Asia |
| Deposits and Withdrawals | |
| 💳Deposit Options | Credit/Debit Cards, Bank Transfers, PayPal, Skrill, Neteller, and other e-wallets |
| 💵Withdrawal Options | Bank Transfers, Credit/Debit Cards, PayPal, Skrill, Neteller, and other e-wallets |
| Trading Platforms and Tools | |
| 💻Trading Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5), IRESS |
| 👩💻OS Compatibility | Windows, Mac (via emulation), Android, iOS |
| 🖥️Forex trading tools | Yes |
| Customer Support | |
| 🗣️Live chat availability | Yes, available 24/5 |
| 📱Customer Support email address | support@fpmarkets.com |
| 📞Customer Support Contact Number | +61 2 8252 6800 (Australia) or +44 20 8068 0760 (UK) |
| 👾Social media Platforms | Facebook, Twitter, Instagram |
| 🗣️Languages supported on Website | English, Chinese, Arabic, and other major languages |
| Educational Resources and Support | |
| 🖺Forex course | Yes |
| 🧏♀️Webinars | Yes |
| 📚Educational Resources | Yes |
| Partnerships and Programs | |
| 🪪Affiliate program? | Yes |
| 👨🏫Amount of partners | Over 100,000 affiliates |
| 📋IB Program | Yes |
| 🏃♂️➡️Do they sponsor any notable events or teams? | Yes |
| 🪙Rebate program | Yes |
| South African Trader Specific Information | |
| Does FP Markets Accept South African Traders? | Yes |
| Is FP Markets regulated by the South African regulatory body (FSCA)? | Yes |
| Does FP Markets offer an Affiliate Program for South African Traders? | Yes |
| Does FP Markets allow opening trading accounts in ZAR (South African Rand)? | Yes |
| 📝Sign up | 👉Open Account |
FP Markets Customer Reviews
- Reviews and ratings of FP Markets are illustrious mainly because of the reasonable trading environment and customer-centric policies.
- It excels in low spreads, fast execution, and a variety of account types, making it more attractive to most traders.
- The platform has a full arsenal of market tradable instruments comprising phenomena like forex, CFDs, and even cryptocurrencies, very strong trading platforms of MetaTrader 4 and 5, too.
| Aspect | Feedback | Rating (Out of 5) |
| ⭐Overall Rating | Consistently high ratings for reliability, transparency, and support. | ⭐⭐⭐⭐⭐ |
| 💹Spreads | Tight spreads are appreciated by traders for better trading conditions. | ⭐⭐⭐⭐ |
| ⚡Execution Speed | Fast execution is a key strength that traders value highly. | ⭐⭐⭐⭐⭐ |
| 💼Account Types | Diverse account types catering to different trading needs. | ⭐⭐⭐⭐ |
| 📉Tradable Instruments | A broad range of instruments, including forex, CFDs, and cryptocurrencies, is highly praised. | ⭐⭐⭐⭐ |
| 💻Trading Platforms | MetaTrader 4 and MetaTrader 5 provide reliable platforms for various traders. | ⭐⭐⭐⭐ |
| 💬Customer Support | Excellent customer support, responsive and attentive. | ⭐⭐⭐⭐ |
| 🌟Reputation | Strong reputation in the trading community for being reliable and transparent. | ⭐⭐⭐⭐ |
Customers Ratings
| 🌐 Platform | 📝 Feedback Summary | ⭐ Rating |
 | Excellent, effective, fast, and professional customer service | ⭐⭐⭐⭐⭐ |
 | Some users praise the broker's low fees, fast execution, and wide range of financial instruments. However, others have criticized the platform's user interface, customer support, and restrictions on certain account types. | ⭐⭐⭐☆☆ |
 | Few reviewers have raised concerns about the company's leverage and potential fees. | ⭐⭐⭐☆☆ |
 | Generally positive; users commend competitive fees, swift execution, and diverse trading platforms. | ⭐⭐⭐⭐⭐ |
 | FP Markets for its competitive spreads, reliable trading platform, and excellent customer support. However, some reviewers mention difficulties with account verification and withdrawal processes. | ⭐⭐⭐☆☆ |
 | Predominantly positive feedback users appreciate outstanding customer support and reliable trading experience. | ⭐⭐⭐⭐⭐ |
Pros and Cons
| ✅ Pros | ❌ Cons |
| Very tight spreads starting from 0.0 pips on Raw accounts | Raw accounts charge a $3 commission per side per lot |
| Commission-free Standard account with trading costs included in the spread | Standard account spreads are wider (from around 1.0 pip) |
| Competitive pricing suitable for scalpers and high-frequency traders | Total cost on Raw accounts can increase for low-volume traders |
| Transparent fee structure with clear spreads and commission model | Spreads may widen during high market volatility |
| Access to institutional-grade liquidity and fast execution | Some non-trading fees may apply depending on payment methods |
Conclusion
FP Markets Fees and Spreads on major pairs such as the EUR/USD start from 0 pips, averaging around 0.00 with the Raw account and about 1.0 with the Standard account. Commissions are charged on the Raw account at USD 3/ R48 ZAR per side.
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Frequently Asked Questions
How many instruments can I trade with FP Markets?
FP Markets offers a broad selection of assets, including over 70 forex pairs, major cryptocurrencies, 10,000+ share CFDs, 12 global indices, commodities, and precious metals like gold and silver, providing traders with extensive market opportunities across various asset classes.
Do FP Markets offer leverage?
Yes. FP Markets provides leverage up to 1:500 on both Standard and Raw accounts, allowing traders to maximize their market exposure while managing capital efficiently. Higher leverage increases potential profits but also elevates risks, requiring careful risk management.
What spreads can I expect with FP Markets?
FP Markets offers highly competitive spreads. On EUR/USD, Raw accounts start from 0 pips, averaging 0.09, while Standard accounts average 1.19. Indices start at 0.31, and precious metals like gold average 0.13 pips, with silver at around 0.01.
Does FP Markets charge a commission?
Yes. FP Markets charges commissions exclusively on the Raw account, set at USD 3 per side, per lot. The Standard account is commission-free, with slightly wider spreads, making it suitable for traders who prefer an all-in spread cost.
Are FP Markets regulated?
Yes. FP Markets Pty Ltd is regulated by ASIC under AFSL number 286354 and by CySEC under license number 371/18. These regulatory bodies ensure transparency, investor protection, and compliance with strict international financial standards.
Is FP Markets a recommended forex trading broker for experts and beginners?
Yes. FP Markets caters to all trader levels with fast execution, low spreads, high leverage options, advanced platforms, and comprehensive education. Beginners benefit from resources, while experienced traders appreciate the competitive pricing and powerful trading tools.
What is the overall rating out of 10 for FP Markets?
FP Markets consistently earns strong ratings, often around 9/10, due to its regulation, competitive spreads, high-quality execution, diverse asset offerings, and customer support. This makes it a trusted choice for traders worldwide seeking reliability and professional trading conditions.
Do FP Markets spreads vary between account types?
Yes, spreads at FP Markets vary depending on the account type. Standard accounts include slightly wider spreads with no commission, while Raw accounts offer ultra-tight spreads starting from 0.0 pips with a small commission charged per traded lot.
Are FP Markets' trading fees competitive?
FP Markets is known for competitive trading costs compared to many brokers. Tight spreads, low commissions on Raw accounts, and fast execution make it attractive for scalpers, day traders, and algorithmic traders seeking cost-efficient forex and CFD trading.
Do spreads change during different market conditions?
Yes, spreads may widen during periods of high market volatility, low liquidity, or major economic news releases. This is common with floating spreads and reflects real market conditions, which can temporarily increase trading costs for active traders.
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