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FP Markets Review

Item: FP Markets
Rating: 3.4
Author: XAUUSD Live Chart

Tight ECN spreads from Australia

★★★★★★★★★★ 3.4 / 5

Visit FP Markets →

Trading involves risk of loss

XAUUSD spreadNot published

Min deposit$100

Max leverage1:500

Founded2005

Rating3.4/5

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 pricing with a $6 round-turn commission
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 charges 6.00 USD round turn per standard lot on top of a raw spread, which is 0.06 in XAUUSD price terms.

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.

Support & contact

Support phone+61 2 8252 6800 (AU) / +44 20 4579 9140 (UK)

Support emailsupport@fpmarkets.com

Contact pageOfficial support →

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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.