FP Markets Review

FP Markets: A Leading Broker for Cost-Effective Manual Trading

FP Markets has consistently earned recognition as a top forex broker, particularly noted for its exceptional trading costs and comprehensive platform offerings. In 2025, FP Markets continues to stand out as a reliable and cost-effective choice for traders, especially those focused on manual trading strategies.

Overall Performance and Evaluation

FP Markets received an overall score of 86 out of 100, placing it among the top-tier brokers. This evaluation was based on a detailed analysis of six critical categories: trading costs, trading experience, trading platforms, trust and regulation, range of markets, and customer service. Each category was assessed to provide a thorough understanding of FP Markets’ strengths and areas for consideration.

Trading Costs: Competitive Spreads and Commissions

FP Markets excels in trading costs, scoring a 9 out of 10. The broker offers two primary account types: a standard account with no commissions and a Raw ECN account with spreads and commissions. Both account types offer competitive spreads, with FP Markets consistently ranking among the top five lowest spread providers.

Notably, FP Markets’ commission structure is also advantageous. For USD-based accounts, the commission is $3, which is lower than the industry standard of $3.50. This combination of low spreads and competitive commissions makes FP Markets a cost-effective option for traders.

Trading Experience: Focus on Manual Trading

FP Markets received a score of 6.5 out of 10 for trading experience. This category primarily assesses execution speeds. While FP Markets offers competitive spreads, its execution speeds are not among the fastest. This can lead to increased slippage in highly volatile markets, particularly affecting scalping and automated trading strategies.

However, FP Markets is highly recommended for manual traders who rely on chart analysis. The broker’s low fees and robust platform offerings make it an ideal choice for this trading style.

Trading Platforms: Comprehensive and CTrader Focused

FP Markets scored a 9 out of 10 for its trading platforms. The broker offers all major platforms, including MetaTrader 4, MetaTrader 5, cTrader, and TradingView. Notably, FP Markets was named the best cTrader broker in 2025, highlighting its strength in providing a superior cTrader experience.

The platform’s advanced charting capabilities and user-friendly interface make it a preferred choice for manual traders.

Trust and Regulation: Solid but Not Universal

FP Markets received a score of 6 out of 10 for trust and regulation. While the broker is regulated by tier-1 authorities like ASIC (Australia) and CySEC (Cyprus), it lacks regulation in certain major markets, such as the US and Germany.

Additionally, FP Markets is not as widely recognized as some of the larger, more established brokers. However, its long-standing presence and regulatory compliance in key regions provide a solid foundation of trust.

Range of Markets: Comprehensive but Lacking Crypto Diversity

FP Markets scored a 7 out of 10 for its range of markets. The broker offers a wide selection of instruments, including forex, shares, indices, and commodities. However, its cryptocurrency offerings are limited, which may be a drawback for traders seeking access to a diverse range of crypto assets.

For most mainstream trading needs, FP Markets provides a comprehensive selection of markets.

Customer Service: Highly Responsive and Supportive

FP Markets received a 9 out of 10 for customer service. The broker provides highly responsive support through various channels, including email, live chat, and phone. Feedback from traders and internal testing confirm the high quality of FP Markets’ customer service.

The broker also receives positive ratings from independent sources like Investment Trends and Trustpilot.

Final Recommendations

FP Markets is a highly recommended broker for traders seeking low trading costs and a robust platform experience, particularly for manual trading strategies. Its strong performance in trading costs, platform offerings, and customer service makes it a reliable choice. However, traders focused on automated trading or those requiring access to a wide range of exotic markets may consider alternative options.

FP Markets’ specialization in cTrader and its focus on manual trading make it a standout choice for traders who prioritize these aspects.