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

FP Markets Review 2026: A Comprehensive Look for United States Traders

FP Markets is a globally recognized broker, but it does not specifically hold regulation from the United States financial authorities, meaning it is not available to US residents under current laws. For traders outside the US, it offers competitive spreads, strong platform support, and local payment options like Bank Transfer and Skrill. However, US traders should be cautious and consider only SEC/CFTC-regulated brokers.
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 United States Traders

  • Low spreads from 0.0 pips on ECN accounts, competitive for international traders.
  • Multiple platform choices: MT4, MT5, cTrader, and TradingView.
  • Accepts USDT (Tether) for fast and low-cost deposits.
  • Regulated by ASIC and CySEC, providing a layer of client protection.
  • Over 10,000 trading instruments including forex, indices, and crypto.

CONS for United States Traders

  • Not regulated by SEC/CFTC, so unavailable for United States residents.
  • No 24/7 customer support, which can be inconvenient for US time zones.
  • Islamic account may have administration fees after prolonged holding periods.
  • Withdrawal fees may apply for certain methods like Skrill.
  • Limited educational resources compared to specialized education providers.
📅
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 — United States
  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 United States

FP Markets is a well-established forex and CFD broker founded in 2005, with headquarters in Sydney, Australia. It has grown to serve over 150,000 clients globally, offering a wide range of instruments including forex, indices, commodities, and cryptocurrencies. For United States traders, FP Markets is not directly available due to the lack of SEC/CFTC regulation, but it remains a popular choice for international traders seeking low spreads and multiple platforms like MT4, MT5, cTrader, and TradingView. The broker supports local payment methods such as Bank Transfer, Skrill, and USDT, making it convenient for non-US clients. While US traders cannot legally use FP Markets, understanding its features helps in comparing with US-regulated alternatives.

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 United States?

Segregated Client Funds
Yes
Negative Balance Protection
Yes
Top-tier Regulation
Yes
Live Chat Support
Yes
Safety verdict for United States 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 United States 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
United States 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 — United States 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
United States 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 — United States Muslim Traders

FP Markets offers Islamic (swap-free) accounts for clients who require Sharia-compliant trading, meaning no interest (swap) is charged on overnight positions. These accounts are available on request for both Standard and ECN account types. For United States Muslim traders, this account is not accessible due to regulatory restrictions. However, for international clients, the Islamic account is genuine and swap-free on most instruments. There are no hidden fees, but some brokers charge an administration fee after a certain number of days. To apply, simply contact customer support after opening a live account. It is important to note that Islamic accounts may not be available for all instruments, such as cryptocurrencies.

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 United States

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 United States traders
Gold (XAU/USD), EUR/USD, and major stock indices are the most popular instruments among United States 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 United States traders
Platform is in English but many educational resources and YouTube tutorials are available in local languages from trader communities.
💬

Customer Support — United States Review

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

Common Mistakes United States Traders Make with FP Markets

  • Mistake: Assuming FP Markets accepts US clients because it is regulated by ASIC. Always check if the broker is registered with the CFTC/NFA before depositing.
  • Mistake: Using a VPN to open an account from the United States. This violates the broker's terms and can lead to account closure and loss of funds.
  • Mistake: Not verifying the broker's regulatory status on the NFA BASIC database. Always confirm that the broker is listed and in good standing before trading.
🔍

FP Markets vs Competitors in United States

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 United States 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 United States traders.
Product
May 2026
New instruments added for United States traders
FP Markets has added new trading instruments including additional forex pairs and commodity CFDs.

Final Verdict — Is FP Markets Worth It for United States Traders?

2.9/5
★★★★★

FP Markets is a solid broker for international traders, offering low spreads, multiple platforms, and a wide range of instruments. However, for United States traders, it is not a viable option due to the lack of SEC/CFTC regulation. US traders should only use brokers registered with the NFA, such as OANDA or Forex.com. For non-US traders, FP Markets is recommended for active traders and scalpers who want tight spreads and ECN execution. Beginners may prefer the Standard account for simplicity. Overall, FP Markets is a legitimate and well-regulated broker outside the US, but US residents must look elsewhere. If you are outside the US, it is a strong choice, especially for forex and CFD trading.

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FAQ — FP Markets for United States Traders

Is FP Markets safe for United States traders?+
How can I deposit money in FP Markets from United States?+
Does FP Markets have Islamic account?+
What is the minimum deposit for FP Markets in United States?+
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 · United States
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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