The short answer
FP Markets appears to be a real, operating broker, but our review found meaningful caveats (see the red flags below). It is not an outright scam signal, but do your own checks first.
Regulation & legitimacy signals
Australian (2005) — regulated by ASIC (Australia), CySEC (Cyprus), FSA (St. Vincent for the global entity).
Green flags & red flags
- ASIC/CySEC regulation + full platform selection (including IRESS for stocks)
- Competitive raw spreads
- Operating since 2005
- The global entity (St. Vincent) is less strict than ASIC/CySEC
- Mid-size brand, not a tier-1 giant
- Leverage is high-risk
Risk & regulation note
Leveraged trading is high-risk. More importantly here: most retail clients are served by an offshore entity with far weaker investor protection than tier-1 regulators (FCA/ASIC/CySEC). Verify the entity that serves your country and understand the risks before depositing.
How to verify FP Markets yourself
- 1Check the regulator's database
Look up FP Markets's license number directly on the regulator's official website (e.g. FCA, ASIC, CySEC, CFTC). A real license appears in the regulator's public register.
- 2Confirm the entity that serves your country
Many brokers use different legal entities per region — a tier-1 license in one country may not cover you. Check which entity you're signing up with.
- 3Search for withdrawal complaints
Look for consistent, credible reports of withdrawal problems (not one-off angry posts). Test with a small deposit and a withdrawal before committing more.
- 4Verify the official domain
Only use the official site (fpmarkets.com). Scammers clone broker sites — check the exact URL and avoid links from unsolicited messages.
Other FP Markets guides
Update history
- 2026-08-01
Assessment based on our latest editorial review.