All Share (J203) = 90 096
Rand / Dollar = 18.17
Rand / Pound = 23.58
Rand / Euro = 19.73
Gold (usd/oz) = 3 042.06
Platinum (usd/oz) = 991.10
Brent (usd/barrel) = 71.29
Trade +10,000 CFDs with Tight Raw Spreads. – Trade Now!

FP Markets Fees and Spreads

FPMarkets - Fees & Spreads
 

FP Markets Fees and Spreads on major pairs such as the EUR/USD start from 0 pips, averaging around 0.09 with the Raw account and about 1.19 with the Standard account. Commissions are charged on the Raw account at USD 3/ R48 ZAR per side.

 

Raw accountStandard account
📊 Spreads0.09 pips1.19 pips
📈 Indices0.310.31
💵 Commissions$3$3
💰 Swap feesNoNo

 

Min Deposit

USD 100

Regulators

ASIC, CySEC, FSCA, CMA

Trading Platform

MT4, MT5, Iress Trader, cTrader

Crypto

Yes

Total Pairs

70+

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

 

FP Markets Fees and Spreads – 8 key points quick overview:

  1. ☑️FP Markets at a Glance
  2. ☑️FP Markets Fees and Spreads
  3. ☑️FP Markets Additional Trading Fees
  4. ☑️Broker Fees
  5. ☑️Customers Review
  6. ☑️Pros and Cons
  7. ☑️Conclusion
  8. ☑️Frequently Asked Questions

 

FP Markets At a Glance

Company Information
📅Year Founded2005
🧑🏻‍💻Amount of staff274
👩‍💻Amount of active tradersOver 200,000
🌐Publicly Traded (Listed Company)No
Regulation and Security
🛡️RegulationASIC, CySEC, FSCA, FSA, FSC, CMA
🌎Country of regulationAustralia, Cyprus
💻Account SegregationYes
🪫Negative balance protectionYes
🔋Investor Protection SchemesYes
Account Types and Features
➕AccountsStandard, Raw ECN, and VIP accounts available
💳Institutional AccountsYes, tailored solutions for institutional clients
👨‍💼Managed AccountsYes, offered through third-party managed account services
📇Minor account currenciesUSD, EUR, GBP, AUD, JPY, and others
💰Minimum Deposit$100 / R1806
Trading Conditions
🕞Average deposit/withdrawal processing timeDeposits are typically processed instantly; withdrawals usually within 1-2 business days
🪙Fund Withdrawal FeeGenerally no fees for withdrawals; may vary based on method
📊Spreads fromSpreads start from 0.0 pips on Raw ECN accounts
💸CommissionsFrom $3.5 per side per lot on Raw ECN accounts
💱Number of base currencies supportedOver 10 base currencies including USD, EUR, GBP, AUD, JPY, and others
🚀Swap FeesSwap fees apply; may vary depending on the position and account type
📈LeverageUp to 1:500 depending on the account type and instrument
📏Margin requirementstypically 0.2% - 1%
☪️Islamic account (swap-free)Yes
💻Demo AccountYes
⌛Order Execution TimeTypically 40-50 milliseconds on Raw ECN accounts
📆VPS HostingYes
Trading Instruments
🧾CFDs-Total OfferedOver 1,000 CFDs across various asset classes
🗠CFD Stock IndicesYes,Major global indices including S&P 500, NASDAQ, FTSE 100, DAX, and more
⚖️CFD CommoditiesYes, Includes commodities such as Gold, Silver, Oil, Natural Gas, and more
📜CFD SharesYes, A wide range of global stocks from major markets including US, UK, EU, and Asia
Deposits and Withdrawals
💳Deposit OptionsCredit/Debit Cards, Bank Transfers, PayPal, Skrill, Neteller, and other e-wallets
💵Withdrawal OptionsBank Transfers, Credit/Debit Cards, PayPal, Skrill, Neteller, and other e-wallets
Trading Platforms and Tools
💻Trading PlatformsMetaTrader 4 (MT4), MetaTrader 5 (MT5), IRESS, cTrader, WebTrader and TradingView
👩‍💻OS CompatibilityWindows, Mac (via emulation), Android, iOS
🖥️Forex trading toolsYes
Customer Support
🗣️Live chat availabilityYes, available 24/7
📱Customer Support email addresssupport@fpmarkets.com
📞Customer Support Contact Number+61 2 8252 6800 (Australia) or +44 20 8068 0760 (UK)
👾Social media PlatformsFacebook, Twitter, Instagram
🗣️Languages supported on WebsiteEnglish, Chinese, Arabic, and other major languages
Educational Resources and Support
🖺Forex courseYes
🧏‍♀️WebinarsYes
📚Educational ResourcesYes
Partnerships and Programs
🪪Affiliate program?Yes
👨‍🏫Amount of partnersOver 100,000 affiliates
📋IB ProgramYes
🏃‍♂️‍➡️Do they sponsor any notable events or teams?Yes
🪙Rebate programYes
👉Open AccountOpen Account

 

FP Markets Fees and Spreads

FP Markets Fees and Spreads

 

Traders with FP Markets can expect the following spread list:

➡️️​ Spreads on major pairs such as the EUR/USD start from 0 pips, averaging around 0.09 with the Raw account and about 1.19 with the Standard account.

️​➡️Indices are equally competitive, starting at 0.31 for the FTSE 100 on both accounts.

➡️️​ For precious metals, spreads average 0.13 pips with the Raw account for gold and around 0.01 for silver.

➡️️​ Commissions are charged on the Raw account at USD 3/R48 ZAR per side.

 

FP Markets Additional Trading Fees

FP Markets Fees and Spreads Additional Trading Fees

 

FP Markets does charge swap fees, also referred to as overnight fees.

A swap or rollover fee is the net interest return on a currency position held overnight by a trader. That is, when trading currencies, an investor borrows one currency to buy another. The interest paid, or earned, for holding the position overnight is called the rollover rate.

The broker does offer an Islamic, or swap-free account, which will allow traders of the Muslim faith to avoid paying swap fees as they fall under the type of interest that is prohibited by Sharia law.

There are complex additional fees on the Iress Trader accounts. For example, on the Iress Standard Account, there is a $55/R 880 ZAR fee that is waived if you generate $150 in commission per month.

Further information about the Iress Trader fees can be requested from the broker’s customer support team.

 

Broker Fees

Traders should also be sure to check with the client support or account manager on any additional broker fees that may be waived by their financial institution.

 As already noted, traders may be subjected to currency conversion fees should they transfer fees to a currency that is different from their account-based currency.

As FP Markets is not a spread betting broker, spread betting fees will not apply.

FP Markets covers bank withdrawal fees.

 

Min Deposit

USD 100

Regulators

ASIC, CySEC, FSCA, CMA

Trading Platform

MT4, MT5, Iress Trader, cTrader

Crypto

Yes

Total Pairs

70+

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

 

Customer Reviews

 

FP Markets Pie Chart Customer Reviews

 

🥇 Amazing Broker!

FP Markets is a fantastic brokerage firm. What distinguishes them is their precision, speed in withdrawing funds, and persistence in assisting clients. Their responsive customer service team gives accurate information and real-time solutions. One of their distinctive aspects is their honest approach, which offers the same way for deposit and withdrawal operations, which sets them apart from other brokers in the field. – Mia Mkhize

 

🥈 Great Support.

Thanks to Christos, I had a fantastic experience with FP Markets’ live chat service. He not only comprehended my questions but also provided thoughtful and accurate responses. It is reassuring to have such qualified assistance at my disposal. – Grace Dlamini

 

🥉 Very Happy!

FP Markets responded quickly to my request. My account had been under review for four days, and when I called customer service, Monica helped me get it approved in five minutes. I cannot thank FP Markets enough – their advice has made me a pleased trader. – Joshua Kruger

 

Pros and Cons

✅ Pros❌ Cons
Commission-free accounts availableWithdrawal fees charged on some transaction methods
Islamic account available
No deposit fees
Tight spreads

 

Conclusion

FP Markets Fees and Spreads on major pairs such as the EUR/USD start from 0 pips, averaging around 0.09 with the Raw account and about 1.19 with the Standard account. Commissions are charged on the Raw account at USD 3/R48 ZAR per side.

 

You might also like: FP Markets Review

You might also like: FP Markets Account Types

You might also like: FP Markets Demo Account – Step-by-Step

You might also like: FP Markets Islamic Account

You might also like: FP Markets Sign up Bonus

 

SA Shares Instagram

 

Frequently Asked Questions

 

How many instruments can I trade with FP Markets?

FP Markets offers the following asset classes:

  • Forex – Over 70 currency pairs are available, including majors, minors, and exotics.
  • Cryptocurrencies – Trade on Bitcoin, Bitcoin Cash, Ethereum, Litecoin, and Ripple.
  • Share CFDs – Access over 10,000 shares across four continents.
  • Indices – Access 12 global indices, including the FTSE 100 and NASDAQ.
  • Commodities – Trade on commodity CFDs, including Brent Crude Oil.
  • Precious metals – Trade on gold and silver in spot markets.

 

Do FP Markets offer leverage?

Yes. Leverage is available up to 1:500 across both the Standard and Raw accounts.

 

What spreads can I expect with FP Markets?

FP Markets spreads on EUR/USD begin at 0 pips, averaging around 0.09 with the Raw account and about 1.19 with the Standard account.

Indices are just as competitive, starting at 0.31 for the FTSE 100 on both accounts. For precious metals, spreads average 0.13 pips with the Raw account for gold and around 0.01 for silver.

 

Does FP Markets charge a commission?

Yes. Commissions are charged on the Raw account at USD 3 per side.

 

Are FP Markets regulated?

Yes. FP Markets Pty Ltd is fully regulated by the Australian Securities and Investments Commission (ASIC) operating under Australian Financial Services License (AFSL) number 286354.

The broker is also regulated by the Cyprus Securities and Exchange Commission (CySEC) with license number 371/18.

 

Is FP Markets a recommended forex trading broker for experts and beginners?

Yes, FP Markets offers an excellent trading environment for both beginner and advanced traders.

 

What is the overall rating out of 10 for FP Markets?

9/10.

4.9/5 - (36 votes)

Written by:

Louis Schoeman

Edited by:

Skerdian Meta

Fact checked by:

Arslan Butt

Updated:

November 26, 2024

Written by:

Louis Schoeman

Featured SA Shares Writer and Forex Analyst.

I am an expert in brokerage safety, adept at spotting scam brokers in mere seconds. My guidance, rooted in my firsthand experience with brokers and an in-depth understanding of the regulatory framework, has safeguarded hundreds of users from fraudulent brokerage activities.

Edited by:

Skerdian Meta

Leading Analyst

Skerdian Meta FXL’s Heading Analyst is a professional Forex trader and market analyst and has been actively engaged in market analysis for the past 10 years. Before becoming our leading analyst, Skerdian served as a trader and market analyst at Saxo Bank’s local branch, Aksioner, the forex division and traded small investor’s funds for two years.

Fact checked by:

Arslan Butt

Commodities & Indices Analyst

Arslan Butt, a financial expert with an MBA in Behavioral Finance, leads commodities and indices analysis. His experience as a senior analyst and market knowledge (including day trading) fuel his insightful work on cryptocurrency and forex markets, published in respected outlets like ForexCrunch.

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