ASIC — Australia
First Prudential Markets Limited
Regulated
FP Markets Review — Overview
Regulation
Tier-1 regulated
Licence
ASIC • CYSEC
Licence status
Regulated
Platforms
MT4, 5, TradingView +2 more
Min. deposit
$100
Max. leverage
1:500
Instruments
Forex, stocks, indices, commodities
Typical spread
From 1.0 pips (Standard account)
Operating
Est. 2005
Main market
AU
Entity
First Prudential Markets Limited
Website
Unknown
FP Markets is a forex & CFD broker based in Australia, established in 2005. On Trust Broker Hub it holds a Trust Score of 8.6 out of 10, which we rate as Good — above the 5.3/10 average for brokers that hold a verified licence. Solid, well-regulated profile suitable for most traders.
Crucially, FP Markets is regulated by ASIC and CYSEC, including at least one tier-1 regulator. Tier-1 regulation is the strongest sign of legitimacy: it normally requires segregated client funds, regular audits and access to a compensation scheme if the broker fails — meaningful protection for your money.
FP Markets provides access to Forex, stocks, indices, commodities. Published conditions include a minimum deposit of $100 and leverage up to 1:500. No complaints are currently on record. Overall, FP Markets looks like a credible option — but always verify the licence yourself and start with a small amount.
Trust score breakdown
How is this calculated?
Weighted total
9.30
Data completeness
8 of 10 facts verified
80% ×0.90
Trust Score
8.4 / 10
This broker carries an editorial override: the formula computes 8.4/10, and we publish 8.6/10. Overrides are rare, always logged with a reason, and recorded in our audit trail.
Trust Score history
FP Markets currently scores 8.6/10. The trend line will build here as the Trust Score is re-evaluated over time.
Pros
- Regulated by a tier-1 authority
- No unresolved complaints on record
- Listed in our verified broker directory
Cons
- Always verify the licence directly before depositing
Regulation
Tier 1 · Top
Verified
CYSEC — Cyprus
First Prudential Markets Limited
Licence
Tier 2 · Mid
Verified
Offshore (tier-3) regulators typically have lower capital requirements and no compensation scheme. Funds may not be protected if the broker fails.
Trading conditions
| Instruments | Forex, stocks, indices, commodities, bonds |
| Minimum deposit | $100 |
| Maximum leverage | 1:500 |
| Typical spread | From 1.0 pips (Standard account) |
| Platforms | MT4, 5, TradingView, cTrader, FP Markets Trading App |
| Demo account | ✅ (30 days) |
We mark unverified fields as “Not disclosed” rather than estimate them.
Our verdict on FP Markets
Our analysis · editorial
8.6/10
Established and well-regulated
FP Markets holds a tier-1 regulatory licence among its 2 registrations (ASIC, CYSEC). Based in Australia, it has been operating for about 21 years. We have no complaints on record against it. Weighing regulation, track record and complaint history, our Trust Score is 8.6/10 — a strong, low-risk profile.
Strengths
- Authorised by a tier-1 regulator (ASIC, CYSEC)
- Holds 2 regulatory licences across multiple jurisdictions
- Long 21-year operating track record
- No complaints on record with us
- Supports MT4 & 5 trading
- Accessible minimum deposit ($100)
Watch-outs
- Very high leverage available (1:500) — amplifies risk
Bottom line: Suitable for most traders — still verify it is licensed to serve your country before depositing.
This is Trust Broker Hub's data-driven editorial assessment — not a user review. It is generated automatically from regulation, licensing, company age and complaint records, and updates as those change.
User reviews
5 0
4 0
3 0
2 0
1 0
FP Markets — Questions & Answers
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Complaints & alerts
No complaints or regulator warnings on record
We monitor regulator alert lists and user reports. We'll flag FP Markets here if that changes.
Full specifications
Regulated region
Australia
Operating period
20+ years
Main market
AU
License status
Regulated
Instruments
Forex, stocks, indices, commodities, bonds
Year founded
2005
Frequently asked
Is FP Markets a safe broker?
FP Markets scores 8.6 / 10 on our Trust Score, above the 5.3 average for brokers that hold a verified licence. It holds tier-1 regulation, which offers strong investor protection. It has no complaints on record with us. Trade only with funds you can afford to lose.
How is the FP Markets trust score calculated?
The score weighs five factors: regulation tier, transparency of disclosures, operating footprint, user sentiment, and complaint history. Each is scored out of 10 and combined into the overall figure shown at the top. Read our methodology.
What does "offshore regulated" mean?
It means the broker's licence comes from a jurisdiction with lighter requirements than tier-1 regulators like the FCA or ASIC. There's usually no compensation scheme, so recovering funds can be difficult if the broker fails.
Can I withdraw funds easily from FP Markets?
FP Markets publishes some trading terms, but always confirm withdrawal fees directly. Test with a small amount first and document every transaction.