How to open a FP Markets account
Opening a FP Markets account takes five steps: register on FP Markets's site, verify your identity and address, choose an account (Standard, Raw (Iress and Mottai accounts in Australia)), fund it (minimum: No minimum deposit (depends on the payment method; Iress and Mottai accounts AU$1,000)) and pick a platform.
The sign-up form takes minutes; the part that matters is choosing the right FP Markets company and account. Here are the steps with FP Markets's own published conditions at each one.
1. Check which FP Markets company will hold your account
FP Markets holds licences from ASIC, CySEC, FSCA, FSA Seychelles. The company that opens your account depends on your country of residence, and it decides your leverage and protection. Which FP Markets company opens your account depends on where you live. If you live in the EU, the UK, Australia, South Africa, Kenya, the UAE or Qatar, our link only goes to a FP Markets entity licensed for your country, and where there is none we show no link. We show no sign-up links at all in countries where promoting offshore brokers is not allowed.
- ASIC
- First Prudential Markets Pty Ltd · licence AFSL 286354fpmarkets.com
- CySEC
- First Prudential Markets Ltd · licence 371/18fpmarkets.eu
- FSCA
- First Prudential Markets (FSCA entity, name not confirmed) · licence FSP 50926fpmarkets.com
- FSA Seychelles
- First Prudential Markets Ltd · licence SD130fpmarkets.com
2. Register and verify your identity
Register on FP Markets's website or app with your email and phone. Regulated brokers must check your identity and address under anti-money-laundering rules, so FP Markets will ask for documents in its sign-up flow. Verifying before you deposit avoids delays on your first withdrawal.
3. Choose an account type and currency
FP Markets lists: Standard, Raw (Iress and Mottai accounts in Australia). Account currencies: AUD, USD (Australian entity). Commission: "US$3 per lot per side (Raw, MT4/MT5; AU$3.50 per side under ASIC); Standard: no commission". Accounts differ in how they charge you (spread or commission); see the cost per lot calculator.
4. Make your first deposit
Minimum deposit: No minimum deposit (depends on the payment method; Iress and Mottai accounts AU$1,000). Deposit methods FP Markets lists: Visa/Mastercard, Neteller, Skrill, Cryptocurrencies, Bank wire, Broker to broker.
5. Pick a platform and start on demo
FP Markets lists: MetaTrader 4, MetaTrader 5, cTrader, TradingView, Iress, Mottai. Practise there first. FP Markets publishes that 74.51% of its retail CFD accounts lose money.
Not sure FP Markets is right for you?
Before you choose, put FP Markets next to its closest rivals: FP Markets vs Eightcap, FP Markets vs IC Markets, FP Markets vs Exness. Our country pages list FP Markets for South Africa, Germany, France, Italy, Spain.
Frequently asked questions
Short answers from FP Markets's own pages, as quoted above.
How do I open a FP Markets account?
Register on FP Markets's website or app, verify your identity and address, choose an account (Standard, Raw (Iress and Mottai accounts in Australia)), deposit at least No minimum deposit (depends on the payment method; Iress and Mottai accounts AU$1,000) and pick a platform.
Which FP Markets company will hold my account?
It depends on your country. FP Markets holds licences from ASIC, CySEC, FSCA, FSA Seychelles; each is linked to its register on this page.
Does it matter if I sign up through a link?
No. Our referral link only tells FP Markets who referred you; you get the same account, prices and protection as signing up directly.
Sources
FP Markets's own pages and the regulators' registers, read on 28 Oct 2026. We have not traded at FP Markets; every statement above is what these pages say.
Affiliate disclosure. We may earn a commission when you open an account through our links. It never changes a score, a ranking or what we write. Read the full affiliate disclosure.
Forex trading at these brokers is done through CFDs (contracts for difference): you trade on the price moving up or down, without owning the currency itself.Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74.51% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. Read the full risk warning