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Costs, platforms and protection first

FP Markets

Australia · First Prudential Markets Pty Ltd

Costs
Raw: AUD3.50/lot/side, from 0 pips. Standard: zero commission, from 1 pip.
Platforms
MT4/MT5/cTrader; TradingView is listed for Raw.
Client protection
Current Australian-entity FAQ states retail negative balance protection.
Sources and applicability

Australian entity disclosures; check account/product applicability.

Costs

AUD is not equivalent to USD pricing. Holding/platform fees are separate.

Forex account types — commission per lot / spreads ↗ · 2026-09-29
PlatformsForex account types — Standard / Raw platform lists ↗ · 2026-09-29
Client protection

Provider disclosure supplements the saved 2021 terms. It does not confirm the agreement used at application, Pro/other-entity coverage or insolvency compensation.

AU FAQ — negative balance protection; First Prudential Markets Pty Ltd footer ↗ · 2026-09-30

Terms for the named entities. Minimum spreads are not total costs or a cheapest-first ranking.

FP Markets

  • Active coverage
Brand overview and official site

FP Markets operates through 6 legal entities recorded in the current FXVeritas research file across Australia, Cyprus, Seychelles, Saint Vincent and the Grenadines, and Saint Lucia.

Check your entityCompare with other brokers
Visit official website
Official website snapshot
An official website snapshot is not on file for this broker.

Official website snapshot

Research summary

Full research file

From the full research file on record.

The catalog-applicable comparison scope is narrower, so its counts can be lower. Neither figure contradicts the other.

Research confidence

Medium

Research completeness/source coverage; not broker safety or suitability.

Licence verification

2 regulator-registers confirmed

4 licences recorded

Primary sources

8

Research file review

Aug 23, 2026

Latest source check

Outstanding issues

Researched by FXVeritas Research Desk · Evidence standard: Primary-source verification · Research evidence methodology · Editorial independence · Corrections policy

Research notes

Editorial summary from the research file. Recorded answers follow below.

FP Markets is the brand. The legal-name family is First Prudential Markets.

EEA approved domains map to First Prudential Markets Ltd, CySEC 371/18. Australia is stated as First Prudential Markets Pty Ltd, AFSL 286354. Separate international companies are named for Seychelles, Saint Vincent, and Saint Lucia.

Legal entities & current licences

Brand is not a licence. Each legal entity is listed with the current licence record(s) isolated for that entity.

FP Markets

First Prudential Markets Pty Ltd

Jurisdiction
AU
Company number
16 112 600 281
Registered office
Level 5, 10 Bridge Street, Sydney NSW 2000 (2021 PDS contact address)
Status
ABR ABN 16 112 600 281 Active from 07 Jun 2005; ASIC professional registers returned an error page 2026-09-12
Role
Australian AFS licensee
Parent
Not recorded

Current licence evidence

ASIC · 286354

Regulator verified
Regulator
ASIC
Licence number
286354
Status
matched on ASIC current AFS extract 202609 as FIRST PRUDENTIAL MARKETS PTY LTD; start date 31/05/2005
Permissions
Not recorded
Issue date
2005-05-31
Checked
Sep 19, 2026

Research-file sourceASIC register

First Prudential Markets Ltd

Jurisdiction
CY
Company number
372179
Registered office
Georgiou Griva Digeni 109, 3rd floor, 3101 Limassol, Cyprus
Status
listed on CySEC CIF register
Role
Cypriot investment firm
Parent
Not recorded

CySEC · 371/18

Regulator verified
Regulator
CySEC
Licence number
371/18
Status
Authorised on the register
Permissions
Reception/transmission and execution for instrument class 9 (CFDs) plus listed ancillary services. Register page does not show dealing on own account.
Issue date
2018-11-19
Checked
Sep 12, 2026

Research-file sourceCySEC register

First Prudential Markets Limited

Jurisdiction
SC
Company number
8426368-1
Registered office
F20, 1st Floor, Eden Plaza, Eden Island, Seychelles (AML policy)
Status
Not recorded
Role
Seychelles securities dealer
Parent
Not recorded

Seychelles FSA · SD130

Official legal document
Regulator
Seychelles FSA
Licence number
SD130
Status
stated SD130 in official legal docs; listed on FSA Seychelles capital-markets page without SD130 on that row
Permissions
Not recorded
Issue date
Not recorded
Checked
Sep 12, 2026

Research-file sourceSeychelles FSA register

FP Markets LLC

Jurisdiction
VC
Company number
126 LLC 2019
Registered office
Not recorded
Status
Not recorded
Role
Group entity named in the FSA client agreement
Parent
Not recorded

No current licence record is recorded for this legal entity.

FP Markets Ltd

Jurisdiction
LC
Company number
2025-00853
Registered office
Ground Floor, Rodney Court Building, Rodney Bay, Gros Islet, Saint Lucia
Status
Not recorded
Role
Saint Lucia contracting entity
Parent
Not recorded

Unknown · Not recorded

Unverified
Regulator
Unknown
Licence number
Not recorded
Status
Company registration only, in the opened client agreement
Permissions
Not recorded
Issue date
Not recorded
Checked
Aug 23, 2026

Research-file sourceSource unavailable

Bivalto Ltd

Jurisdiction
CY
Company number
HE 442382
Registered office
Omonias, 135, UAD COURT, 3045, Limassol, Cyprus
Status
Not recorded
Role
Paying agent
Parent
Not recorded

No current licence record is recorded for this legal entity.

Client routing

Only regions named on an official page or legal document. A site loading is not acceptance.

Region

EEA

Legal entity

First Prudential Markets Ltd

Regulator / licence

Not recorded

EvidenceCySEC approved domains www.fpmarkets.eu and www.fpmarkets.com/eu are assigned to First Prudential Markets Ltd.

Region

AU

Legal entity

First Prudential Markets Pty Ltd

Regulator / licence

Not recorded

Evidence2021 PDS presents First Prudential Markets Pty Ltd as the issuer of OTC CFDs for that document. Current AU onboarding mapping was not re-opened on a live ASIC page.

Historical licences

Withdrawn, revoked, or closed retail authorisations. Not current onboarding licences.

No historical licence row was isolated.

Regulatory and corporate history

Dated events from official pages or registers. Incidents are historical records, not current licence status.

  1. 2005

    EU regulation page: group of companies established in 2005.

    Recorded event

  2. 2018-11-19

    First Prudential Markets Ltd CySEC licence 371/18 granted.

    Licence

  3. 2025

    FP Markets Ltd Saint Lucia registration 2025-00853 appears on the 26 Jan 2026 client agreement.

    Recorded event

Before you apply

Application-condition research. Approval and account opening are not guaranteed.

Australia · First Prudential Markets Pty LtdOlder document; current terms need checking

Official retail terms, PDS and TMD links; account terms dated 2021.

The Australian document list names First Prudential Markets Pty Ltd. Clause 1.4 requires acceptance of the application. Confirm the version used for a current application.

Raw: AUD3.50/lot/side, from 0 pips. Standard: zero commission, from 1 pip.

AUD is not equivalent to USD pricing. Holding/platform fees are separate.

Read official source ↗ · 2026-09-29

MT4/MT5/cTrader; TradingView is listed for Raw.

Read official source ↗ · 2026-09-29

Current Australian-entity FAQ states retail negative balance protection.

Provider disclosure supplements the saved 2021 terms. It does not confirm the agreement used at application, Pro/other-entity coverage or insolvency compensation.

Read official source ↗ · 2026-09-30

Your next check: Confirm current application terms and currency/platform charges.

Read official source ↗

FP Markets — Retail Client Account Terms (2021) · Source checked:

Research changes

These are saved research additions, not dates when a regulator changed a licence. Previous source-check and import records remain in the audit archive.

  1. · Source check

    FP Markets · First Prudential Markets Pty Ltd · protection source check

    Primary source ↗Open research file →
View full research history →