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FP Markets Review

Tight ECN spreads from Australia
★★★★★★★★★★ 4.6 / 5
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Trading involves risk of loss
XAUUSD spread0.12
Min deposit$100
Max leverage1:500
Founded2005
Rating4.6/5

Overview

FP Markets (2005) is an ASIC-regulated ECN broker with tight raw spreads and a strong reputation among Australian and international traders.

Pros

  • Raw ECN gold spreads from around 0.12
  • ASIC and CySEC regulation
  • cTrader and TradingView support
  • Good execution
  • Wide instrument range

Cons

  • $100 minimum
  • Not available to US clients
  • Standard account cost is only average

Gold (XAUUSD) trading conditions

The Raw account brings XAUUSD to roughly 0.12 with a commission, competitive with the best ECN venues. Reliable execution suits active gold trading.

Key facts

Regulation
ASIC, CySEC, FSCA, FSA
Platforms
MetaTrader 4, MetaTrader 5, cTrader and TradingView.
Account types
Standard (spread) and Raw (commission).
Deposits
Cards, e-wallets and bank transfer.

Verdict

An excellent ECN broker for active traders who want tight gold spreads. Best for scalpers and international traders outside the US.

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Disclaimer: This review is editorial and for information only, not investment advice. The rating reflects our assessment of regulation, cost, execution and reputation. Spreads are indicative and can change. The link above may be a partner link. Trading forex and gold on leverage carries a high risk of losing money; always confirm the broker accepts your country and check your local regulator first.