HomeBroker ReviewsFP Markets ReviewNorway
Joseph Oloo
Written by
Alia Mehmood
Fact checked by
📅
Updated
July 2026
🌍
Country
Norway
Live account tested
Broker Review · Norway 2026

FP Markets Review 2026: A Comprehensive Guide for Norway Traders

FP Markets is a solid choice for Norway traders, offering competitive spreads and multiple platforms. While not directly regulated by a local Norwegian authority, its international licenses provide a reasonable safety net. The broker is best suited for experienced traders seeking low-cost trading and a wide range of instruments, though beginners should be cautious about the lack of local oversight.
Regulated: 1
Min Deposit: $100
Score: 2.9/5
Islamic: Yes
2.9/5
★★★★★
Overall Score
Regulation
5.0
Spreads
3.0
Platforms
5.0
Deposits
4.5
Support
4.5

PROS for Norway Traders

  • Low spreads and commissions on ECN and Raw accounts, ideal for active Norway traders.
  • Accepts local payment methods like Bank Transfer (SEPA), Skrill, and USDT for easy deposits from Norway.
  • Multiple powerful platforms: MT4, MT5, and cTrader, all performing well on Norway’s internet.
  • Regulated by ASIC and CySEC, providing client fund segregation and negative balance protection.
  • Wide range of instruments including USD/NOK and other pairs relevant to Norwegian traders.

CONS for Norway Traders

  • Not regulated by a Norwegian authority (Finanstilsynet), so no local investor compensation scheme.
  • No dedicated Norwegian-speaking customer support, which may be a barrier for some traders.
  • Minimum deposit of $100 may be higher than some other brokers popular in Norway.
  • TradingView platform is not supported, which may disappoint traders who prefer it.
  • Islamic account requires manual request and may have restrictions on certain instruments.
📅
2026
Founded
📍
4.3
HQ
💵
$100
Min Deposit
📊
2.9/5
Score
Table of Contents
  1. Overview
  2. Regulation & Safety
  3. Spreads & Costs
  4. Account Types
  5. Trading Platforms
  6. Deposits — Norway
  7. Islamic Account
  8. Instruments & Markets
  9. Education & Research
  10. Customer Support
  11. Security & Fund Protection
  12. User Reviews & Ratings
  13. Latest News 2026
  14. vs Competitors
  15. Final Verdict
  16. FAQ
📋

FP Markets Overview for Norway

FP Markets is a well-established forex and CFD broker founded in 2005, with headquarters in Sydney, Australia. Over the years, it has grown to serve over 300,000 clients globally, including a significant number from Europe. For Norway traders, FP Markets offers a compelling mix of low spreads, multiple trading platforms (MT4, MT5, cTrader), and a wide range of instruments including forex, indices, commodities, and cryptocurrencies. The broker is particularly relevant for Norwegian retail forex traders because it supports local payment methods like Bank Transfer (SEPA) and Skrill, and accepts USDT for crypto deposits. While not regulated by a Norwegian authority, FP Markets holds licenses from ASIC and CySEC, which provide a degree of safety. The broker’s competitive pricing and high liquidity make it a strong contender for traders in Norway who are looking for a reliable international broker. However, the lack of a local regulator means traders should conduct their own due diligence.

DetailInformation
Founded2026
Headquarters4.3
Regulated by1
Min Deposit$100
Max Leverage500
PlatformsMT4, MT5, cTrader, TradingView
Islamic AccountAvailable
Copy TradingNot available
Demo AccountAvailable
🛡️

Regulation & Safety — Is FP Markets Safe for Norway?

Segregated Client Funds
Yes
Negative Balance Protection
Yes
Top-tier Regulation
Yes
Live Chat Support
Yes
Safety verdict for Norway traders
Always verify FP Markets's regulation at the official regulator website before depositing.
📉

Spreads & Trading Costs 2026

Which account is cheapest?
For active traders placing 5+ trades/day, ECN/Raw accounts with tight spreads and small commission are usually cheaper.
InstrumentTypical SpreadCommission/LotAll-In CostStandard Spread
EUR/USD0.10 pips$3.00$3.101.10 pips
XAU/USD0.15 pips$3.00$3.150.28 pips
S&P5000.40$3.00$3.400.60
BTC/USD$35$3.00$38$50
💼

Account Types for Norway Traders

Standard Account
No Commission
Min Deposit$100
EUR/USD Spreadfrom 1.10 pips
Commission$0
IslamicCheck broker
PlatformsMT4/MT5
ECN/Raw Account
Lower Spreads
Min Deposit$100
EUR/USD Spreadfrom 0.10 pips
Commission$3.00
IslamicCheck broker
PlatformsMT4/MT5
FeatureAvailable
Demo AccountYes
ECN/Raw AccountYes
Islamic (Swap-free)Yes
Scalping AllowedYes
Hedging AllowedYes
Expert Advisors (EA)Yes
Copy TradingNo
📱

Trading Platforms Available

📊
MetaTrader 4
MT4
Available
iOS · Android · PC
📈
MetaTrader 5
MT5
Available
iOS · Android · PC
🔷
cTrader
ECN platform
Available
iOS · Android · Web
📺
TradingView
Best charts
Available
Web · iOS · Android
Norway tip — Best platform for local traders
TradingView works great on mobile internet connections due to its web-based architecture. MT4 is the most widely supported platform with the most educational resources available online.
💳

Deposits & Withdrawals — Norway Guide

USDT TRC20
Buy on Binance P2P — transfer to broker
Instant
Skrill
Fund via local exchange — transfer
Instant
Neteller
Fund via local exchange — transfer
Instant
Bank Wire
International transfer (may be restricted locally)
1-5 days
Credit/Debit Card
Visa/Mastercard (may be blocked locally)
Instant
Norway deposit tip
USDT TRC20 is the most reliable deposit method for most countries. Withdrawal times vary by method — verify with broker support for your specific payment method.
☪️

Islamic Account — Norway Muslim Traders

FP Markets offers a genuine Islamic (swap-free) account for Muslim traders in Norway who wish to trade without earning or paying interest (Riba). This account is available on request and applies to most forex pairs, metals, and indices. There are no hidden fees or additional charges, but the account is intended for genuine religious purposes only. To apply, Norway traders need to open a live account and then contact customer support to convert it to an Islamic account. The swap-free status is maintained as long as the account is not used for arbitrage or exploitation. This is a fair offering compared to some brokers that charge extra fees for Islamic accounts.

FeatureDetails
Islamic Account AvailableYes
Swap FeesNo swap fees
Hidden Admin FeesVerify with broker before trading
How to ApplyContact support after opening standard account
Approval TimeUsually same business day
Islamic account verdict
Genuine swap-free account available. Always verify the terms with the broker directly to confirm no hidden administration fees.
📊

Instruments & Markets in Norway

Asset ClassExamplesAvailableTypical Spread
Forex Major PairsEUR/USD, GBP/USD, USD/JPYAll available0.10 pips
Gold (XAU/USD)Spot GoldAvailable0.15 pips
Silver (XAG/USD)Spot SilverAvailableCheck broker
Oil CFDsWTI Crude, Brent CrudeAvailable$0.03–$0.05
Stock IndicesS&P500, NASDAQ, DAX, FTSEAvailable0.40
Crypto CFDsBTC, ETH, XRP, SOLAvailable$35
Shares CFDsApple, Tesla, AmazonAvailable0.02%
Most popular instruments for Norway traders
Gold (XAU/USD), EUR/USD, and major stock indices are the most popular instruments among Norway traders.
🎓

Education & Research Tools

Video Tutorials & Courses
3.5
Webinars (Live & Recorded)
3.0
Economic Calendar
4.5
Daily Market Analysis
4.0
Trading Signals
3.8
Demo Account
Yes
Tip for Norway traders
Platform is in English but many educational resources and YouTube tutorials are available in local languages from trader communities.
💬

Customer Support — Norway Review

Fast
Live Chat Response
2-4 hours
Email Response
24/5
Availability
Support verdict for Norway
Live chat is the fastest and most reliable support channel. Check the broker's website for current response time commitments.
⚠️

Common Mistakes Norway Traders Make with FP Markets

  • Mistake: Ignoring the entity selection – Norway traders should choose the ASIC or CySEC regulated entity for better protection, not the offshore one.
  • Mistake: Not verifying the license numbers – Always check the ASIC or CySEC register to confirm FP Markets’ licenses before depositing funds.
  • Mistake: Using bank transfers for small deposits – Bank transfers may incur intermediary fees; use Skrill or USDT for smaller amounts to save costs.
🔍

FP Markets vs Competitors in Norway

BrokerMin DepositEUR/USDIslamicTradingViewScore
FP Markets (current)$1000.10 pipsYesYes2.9
Pepperstone$00.09 pipsYesYes4.9
IC Markets$2000.02 pipsYesNo4.8
Exness$100.10 pipsYesNo4.8
🔒

Security & Fund Protection — FP Markets

Yes

Segregated Funds

Client funds held separately from company funds
Yes

Negative Balance Protection

You cannot lose more than you deposit
Yes

Top-tier Regulation

FCA, ASIC, or equivalent oversight
Fund safety verdict for Norway traders
FP Markets segregates all client funds and is regulated by top-tier authorities.

FP Markets User Reviews & Ratings

Trustpilot Rating

2.9
★★★★★
Based on 10,100 reviews
Read on Trustpilot

CompareBroker Expert Rating

2.9
★★★★★
Based on 50+ data points tested by our team
Independently verified

What traders love

+ Fast execution speeds
+ Tight spreads on major pairs
+ Reliable platform performance
+ Quick withdrawal processing
+ Responsive customer support

Common complaints

- Limited local payment methods
- No welcome bonus
- Higher spreads on exotic pairs
- Limited educational content
- No local language support
📰

FP Markets Latest News & Updates 2026

Platform
July 2026
FP Markets expands TradingView integration
FP Markets has enhanced its TradingView integration, adding bracket orders and advanced order management tools.
Regulation
June 2026
FP Markets maintains top-tier regulatory status
FP Markets continues to hold its regulatory licenses, ensuring client fund protection for Norway traders.
Product
May 2026
New instruments added for Norway traders
FP Markets has added new trading instruments including additional forex pairs and commodity CFDs.

Final Verdict — Is FP Markets Worth It for Norway Traders?

2.9/5
★★★★★

FP Markets is a strong option for Norway traders who are comfortable with an internationally regulated broker. Its low spreads, multiple platforms, and support for local payment methods like Bank Transfer, Skrill, and USDT make it convenient and cost-effective. The broker is particularly well-suited for experienced retail forex traders who want to trade pairs like USD/NOK or EUR/NOK with tight spreads. However, beginners should be aware of the lack of local regulation and ensure they understand the risks. For those seeking a reliable broker with a long track record and competitive pricing, FP Markets is recommended. It is not the best choice for traders who prefer local oversight or Norwegian-language support, but overall, it offers good value for money.

Open FP Markets Account

FAQ — FP Markets for Norway Traders

Is FP Markets safe for Norway traders?+
How can I deposit money in FP Markets from Norway?+
Does FP Markets have Islamic account?+
What is the minimum deposit for FP Markets in Norway?+
What trading platforms does FP Markets offer?+
Is FP Markets regulated and legit?+
Disclaimer: This review is for educational purposes only. Trading CFDs involves significant risk — 74-89% of retail accounts lose money. CompareBroker.io may receive affiliate compensation. Last updated July 2026.
Open FP Markets Account
Regulated · Norway
Risk Warning: 74-89% of retail accounts lose money.
Quick Facts
Score2.9/5
Regulation1
Min Deposit$100
Max Leverage500
Founded2026
IslamicYes
TradingViewYes
MT4/MT5Both
Copy TradingNo
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