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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

Official-source discrepancies

Official pages disagree. FXVeritas does not pick a winner. This is not a fraud or safety label.

Official-source discrepancy

Cyprus registered address

Source A: CySEC CIF list retrieved 2026-09-12: Georgiou Griva Digeni 109, 3rd floor, 3101 Limassol.

Source B: Earlier CySEC extract in this file (2026-08-23): 135 Omonoias, UAD Court, 7th Floor, 3045 Limassol. Official EU footer previously matched the Griva Digeni address.

Status: conflicting official sources · Last checked: Sep 12, 2026

Official-source discrepancy

CySEC licence number formatting

Source A: CySEC register and EU footer: 371/18.

Source B: FSA Client Agreement Group definition: CIF License Number 18/371.

Status: conflicting official sources · Last checked: Aug 23, 2026

Official-source discrepancy

Australian ABN last three digits

Source A: 2021 PDS, Partners Hub FAQ, and ABR ABN Lookup 2026-09-12: ABN 16 112 600 281 (Active from 07 Jun 2005).

Source B: Saint Lucia CA Group definition: ABN 16 112 600 291. FSA CA also prints a garbled ABN 112 16 291 600.

Status: conflicting official sources · Last checked: Aug 23, 2026

Official-source discrepancy

Group entity list

Source A: FSA CA Group: Seychelles FSA entity, FP Markets LLC SVG, AU Pty Ltd, CySEC Ltd.

Source B: STL CA Group: Saint Lucia FP Markets Ltd, Seychelles FSA entity, AU Pty Ltd, CySEC Ltd. SVG LLC omitted.

Status: conflicting official sources · Last checked: Aug 23, 2026

Official-source discrepancy

Seychelles registered address

Source A: AML policy in this file: F20, 1st Floor, Eden Plaza, Eden Island, Seychelles

Source B: FSA Seychelles capital-markets list: Office 205, Waterside Property, Eden Island

Status: conflicting official sources · Last checked: Sep 12, 2026

Research gaps

Unknowns are part of the public record. They are not filled from other brokers.

  • ASIC current AFS extract 202609 matches AFSL 286354 to FIRST PRUDENTIAL MARKETS PTY LTD, start 31/05/2005. Live Professional Registers Search UI was not opened.
  • Saint Lucia and Saint Vincent registers were not opened. FSA Seychelles capital-markets list names First Prudential Markets Limited; SD130 is not printed on that row.
  • The 2021 Australian PDS is stale as a current product disclosure.

Recorded answers

Short answers from the full FXVeritas research file for FP Markets. They describe recorded evidence, not safety or suitability.

Is FP Markets regulated?

FXVeritas records 6 legal entities in the research file for FP Markets. 2 of 4 research-file licences are regulator-verified. Regulatory protection can differ by the entity serving the client.

Which legal entities are recorded for FP Markets?

The current FXVeritas file records 6 legal entities. A brand name is not a licence.

  • First Prudential Markets Pty Ltd
  • First Prudential Markets Ltd
  • First Prudential Markets Limited
  • FP Markets LLC
  • FP Markets Ltd
  • Bivalto Ltd

View legal entities

Which regulators are recorded?

The current file records 4 regulator codes: ASIC, CySEC, Seychelles FSA, Unknown.

Which licence identifiers are recorded?

The current file records 3 licence identifiers. Some recorded licences do not expose an identifier in the source used by FXVeritas.

How many research-file licences are verified?

FXVeritas has independently verified 2 of 4 research-file licences.

View licence evidence

What client-protection evidence is recorded?

Client-protection evidence is not yet recorded in this file. Missing evidence is not a finding that protection is absent.

View client protection evidence

What remains unresolved?

2 licence items remain unresolved, and 5 official-source discrepancies are recorded. These are research-file states, not confirmed misconduct.

View unresolved items

Incidents and regulatory actions

Historical record only. A past settlement or withdrawn licence is not the current licence status.

  1. Historical regulatory record

    2026-02-04

    CySEC €100,000 settlement

    First Prudential Markets Ltd

    Settlement for possible violation of Article 42 of Regulation (EU) 600/2014, particularly paragraph 5 of CySEC Directive DI87-09, assessing CFD-restriction compliance for March 2022–August 2025. Amount paid. Board decision date 19 January 2026.

    Historical record. Not current licence status.

Explore by evidence

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Regulation

View ASIC licence evidence hub

Execution

Recorded execution model and policies from this file

Methodology

How FXVeritas records and verifies evidence

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 →