FP Markets regulation & licences
Our take
FP Markets has operated since 2005 from Sydney and holds licences from ASIC, CySEC, the FSCA, CMA Kenya, the FSC Mauritius and the Seychelles FSA.
Best suited to: Raw-spread traders who want ASIC and CySEC entities
Licences on record 6
1 Tier 1 — top-tier regulation
2 Tier 2 — strong regulation
3 Tier 3 — moderate regulation
4 Tier 4 — light / offshore
Licences are matched from public sources and regulator registers, and entities change over time. A licence held by one company in a group does not cover clients of another. Always confirm on the official register.
Regulatory profile
FP Markets is a forex & CFD broker founded in 2005 and headquartered in Australia.
In our database FP Markets is matched to 6 licences from ASIC, CySEC, FSCA, CMA (Kenya), FSC (MU) and FSA (Seychelles). The strongest of these, the ASIC (Australia) is among the regulators we classify as tier 1 — regulators known for demanding capital and client-money standards and active enforcement.
FP Markets's licences span very different levels of protection — from ASIC and CySEC to CMA (Kenya) and FSC (MU). The entity you are assigned to normally depends on your country of residence; if you live outside the jurisdictions of its stronger licences, expect to be onboarded to an offshore entity.
Depending on the entity, eligible clients may be covered by Investor Compensation Fund (ICF) (CySEC). Negative balance protection is mandatory for retail clients under ASIC and CySEC rules. Retail leverage caps apply at the ASIC, CySEC and CMA (Kenya)-regulated entities (for example 30:1 on major FX pairs at ASIC).
FP Markets offers MT4, MT5, cTrader and TradingView. The advertised minimum deposit starts from about US$100 — minimums often vary by account type and entity.
Regulatory strengths
- Nearly two decades in operation
- ASIC and CySEC licences
Points to check
- International clients mostly via offshore entities
Protection by entity
| Regulator | Compensation | Retail leverage | Negative balance protection | Disputes |
|---|---|---|---|---|
| 1 ASIC | No statutory compensation fund for OTC derivatives; complaints go to AFCA | 30:1 on major FX pairs for retail clients since March 2021 | Required for retail clients | Australian Financial Complaints Authority (AFCA) |
| 2 CySEC | Investor Compensation Fund (ICF) — up to €20,000 | 30:1 on major FX pairs (ESMA rules) | Required for retail clients | Financial Ombudsman of Cyprus |
| 2 FSCA | No compensation scheme; FAIS Ombud handles complaints | No statutory retail leverage cap | Not a regulatory requirement | FAIS Ombud |
| 3 CMA (Kenya) | No dedicated compensation scheme for online forex clients confirmed | Maximum 400:1 | Not confirmed — check with the broker | CMA complaints |
| 3 FSC (MU) | No compensation scheme | No statutory cap | Not a regulatory requirement | Office of the Ombudsperson for Financial Services |
| 4 FSA (Seychelles) | No compensation scheme | No statutory cap | Not a regulatory requirement | FSA Seychelles |
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FP Markets regulation FAQ
Is FP Markets regulated?
Yes — in our database FP Markets is matched to 6 licences: ASIC (Australia), CySEC (Cyprus), FSCA (South Africa), CMA (Kenya) (Kenya), FSC (MU) (Mauritius) and FSA (Seychelles) (Seychelles). Which of these protects you depends on the legal entity you open an account with. Always confirm the licence on the regulator's official register.
Is FP Markets a tier-1 regulated broker?
FP Markets holds 1 licence from regulators we classify as tier 1: ASIC.
Does FP Markets accept US clients?
FP Markets is not matched to a CFTC/NFA registration in our database. Only CFTC-registered, NFA-member firms may offer retail forex to US residents, so FP Markets generally cannot accept US retail forex clients.
Is my money protected with FP Markets?
Clients of FP Markets's CySEC-regulated entity may be eligible for statutory compensation (Investor Compensation Fund (ICF) — up to €20,000). Clients of other entities rely on segregation of funds and the firm's financial strength.
What is the minimum deposit at FP Markets?
FP Markets's advertised minimum deposit starts from about US$100. It can differ by account type, payment method and the entity you are onboarded to.
How can I verify FP Markets's licence?
Find the company name and licence number in FP Markets's client agreement or website footer, then search it on the regulator's official register (linked from each licence on this page). Confirm that the website domain you use is listed on the register, and check the regulator's warning list for clones.