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FP Markets broker review

Item: FP Markets
Author: PipGap

First Prudential Markets Pty Ltd · founded 2005 · HQ Sydney, Australia

FP Markets (First Prudential Markets) is a Sydney-headquartered broker since 2005 with 20-year heritage. Regulated by ASIC AU, CySEC EU, FSCA SA, FSA Seychelles, FSC Mauritius. Strong Pakistan presence with dedicated en-pk subdomain. Supports USDT + BTC + ETH + LTC crypto deposits and IRESS for share CFDs.

70% cashback on every lot you trade at FP Markets, via PipGap. Broker pays IB commission per trade — PipGap refunds 70% to you.

Payout
Estimated · auto-credited by FP Markets

View cashback rates →

Key facts

Founded

2005

Headquarters

Sydney, Australia

Min deposit

$100

Max leverage

1:500

EUR/USD spread

0.1 pip

XAU/USD spread

0.25 pip

IB / lot

$3.50

PipGap cashback

70%

Cashback payout

Estimated

USDT withdrawal

Yes

Withdrawal speed

1 day

Regulators

FP Markets is regulated by:

ASIC CySEC FSCA FSA FSC

Licensing applies to the regulators above, not worldwide. Check local rules before you trade.

What we like

5 regulators (ASIC + CySEC + FSCA + FSA + FSC)
20-year operating history (founded 2005)
USDT + BTC + ETH + LTC crypto deposit supported
Available to Pakistan clients (dedicated en-pk site)
Vietnamese language + 40+ languages
IRESS platform for real share trading

What to watch

No confirmed Urdu language support
Standard account 1.1 pip wider than Raw
EU/UK leverage capped at 1:30
PipGap not yet a partner — cashback rate is an estimate

How FP Markets cashback works with PipGap

You sign up to FP Markets through PipGap's referral link. FP Markets pays an IB commission on every lot you trade, and 70% of that commission is credited directly into your FP Markets account by the broker — PipGap never touches your money. PipGap is not an active IB partner with FP Markets yet. Cashback math is an estimate. Your spread and commission with FP Markets stay the same — cashback is purely additional.

Get 70% cashback on every FP Markets trade

View cashback rates → Compare with other brokers

Disclaimer: Forex and CFD trading carries significant risk. Past performance is not indicative of future results. Broker rates, spreads, and conditions may change — verify on the broker's official site before depositing. Licensing applies to the regulators listed above, not worldwide. Some jurisdictions restrict offshore retail forex (incl. Pakistan — SECP has not licensed offshore retail forex). You are responsible for checking what's legal where you live. PipGap is a referral platform — we do not provide trading advice.