FXVeritas
Before applying

Three checks before choosing

Choose a country in Finder to check the entity and terms for that scope. Finder →

Request research

Requests help prioritize research; they do not change the published evidence.

No name or email required. A daily network identifier is used only to limit duplicate requests. Requests are not published.

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

Client protection

Shown per legal entity. Group-wide claims are not used.

First Prudential Markets Ltd

Segregated client money
stated_on_eu_regulation_page
Negative balance protection
unknown
Investor compensation
Cyprus Investor Compensation Fund
Compensation limit
Not recorded
Retail / professional difference
Not recorded
Insolvency treatment
Not recorded

First Prudential Markets Limited

Segregated client money
stated_in_client_agreement
Negative balance protection
unknown
Investor compensation
Not recorded
Compensation limit
Not recorded
Retail / professional difference
Not recorded
Insolvency treatment
Not recorded

First Prudential Markets Pty Ltd

Segregated client money
unknown
Negative balance protection
unknown
Investor compensation
Not recorded
Compensation limit
Not recorded
Retail / professional difference
Not recorded
Insolvency treatment
Not recorded

FP Markets Ltd

Segregated client money
unknown
Negative balance protection
unknown
Investor compensation
Not recorded
Compensation limit
Not recorded
Retail / professional difference
Not recorded
Insolvency treatment
Not recorded

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 →