Since 2005, FP Markets has set the standard for deep liquidity and lightning-fast execution in the forex industry. Regulated by top-tier authorities like ASIC, this Australian powerhouse now partners with FXRebate to offer you cash rebates on every trade, enhancing your profitability in a secure environment.
In this comprehensive guide, we will provide a full presentation of FP Markets’ services, explore their Standard and Raw account structures, their robust platform options (MT4, MT5, Iress), and detail the rebate rates available to you.
FP Markets: At a Glance
Regulation
ASIC (AU), CySEC (CY),
FSCA (SA), FSA (SVG)
Min. Deposit
$100
Max. Leverage
1:500
FXRebate
Up to $3.6 USD/lot
(Forex Standard)
About FP Markets: Profile and Regulation
First Prudential Markets (FP Markets) was founded in 2005 with a vision to create the ultimate forex trading destination. They combine state-of-the-art technology with low-latency connectivity to offer spreads as low as 0.0 pips. The broker is also renowned for its Iress platform, offering direct access to thousands of global stocks.
FP Markets is one of the most heavily regulated brokers in the world, ensuring client funds are segregated and protected under multiple jurisdictions.
🇦🇺 Australian Securities and Investments Commission (ASIC)
First Prudential Markets Pty Ltd
Licence: 286354
🇨🇾 Cyprus Securities and Exchange Commission (CySEC)
First Prudential Markets Ltd
Licence: 371/18
🇿🇦 Financial Sector Conduct Authority (FSCA)
FP Markets (Pty) Ltd
Licence: 50926
🇻🇨 Financial Services Authority (FSA SVG)
FP Markets LLC
Reg No: 126 LLC 2019
🇸🇨 Financial Services Authority (FSA Seychelles)
First Prudential Markets Ltd
Licence: SD130
FP Markets Account Types
FP Markets offers two main account types for Forex trading, starting with a minimum deposit of $100 (AUD or equivalent).
Standard Account
✅ Commission: $0
Commission-free trading with STP execution. Spreads start from 1.0 pips. This account offers the highest rebate rate of $3.6/lot (equivalent to 0.36 pips) on Forex.
Raw Account
✅ Spreads: From 0.0 Pips
For ECN-style trading. Raw spreads from 0.0 pips with a commission of $3 per lot per side. Rebates are $2.4/lot on Forex and Metals.
FP Markets Rebate Rates with FXRebate
Connecting your FP Markets account to FXRebate allows you to earn cashback on your trades, paid monthly into your secure FXRebate Wallet.
Below is the official rebate structure for FP Markets:
| Instruments | Standard | Raw |
|---|---|---|
| Forex (all currencies) | 3.6 USD per lot | 2.4 USD per lot |
| Metals | 3.6 USD per lot | 2.4 USD per lot |
| Oil | 0.6 USD per lot | 0.6 USD per lot |
| Commodities | 3 USD per lot | 3 USD per lot |
| Indices | 3 USD per lot | 3 USD per lot |
| Shares | N/A | N/A |
| Cryptocurrencies | 15% of spread | 15% of spread |
| Payment Options | ► Monthly Rebates to FXRebate Wallet | ► Monthly Rebates to FXRebate Wallet |
How to Activate Your FP Markets Rebate
Follow these simple steps to start earning cashback on every trade.
Step 1: Visit
Access our dedicated FP Markets page by clicking here.
Step 2: Register
Use our partner link to open a new live trading account with FP Markets.
Step 3: Connect
Log in to your FXRebate Dashboard and add your new trading account number.
Step 4: Trade
Once confirmed, trade as usual. Your rebates will accumulate automatically!
Trading Platforms, Instruments, and Conditions
Supported Platforms
FP Markets offers a robust selection of platforms, including Iress for share trading.
- MetaTrader 4 (MT4): Desktop, Web, Mobile.
- MetaTrader 5 (MT5): Desktop, Web, Mobile.
- cTrader: Advanced platform for ECN execution.
- Iress: Professional platform for global share trading (DMA).
- MAMM/PAMM: Yes, available.
Trading Conditions & Instruments
Traders can access Forex, Metals, Commodities, Indices, Shares, and Cryptocurrencies. FP Markets offers:
- Execution: ECN, STP, DMA (Iress)
- Scalping: Allowed
- Hedging: Allowed
- News Trading: Allowed
- Expert Advisors (EAs): Allowed
- Islamic Accounts: Yes
- Copy Trading: Yes
Funding & Support at FP Markets
FP Markets provides a comprehensive range of secure funding options.
Deposit Methods
- Bank Wire / Local Wire
- VISA / Mastercard
- Skrill / Neteller
- Fasapay / PayTrust
- Cryptocurrencies
Withdrawal Methods
- Bank Wire
- VISA / Mastercard
- Skrill / Neteller
- Cryptocurrencies
Other Details
- Account Currency: AUD, USD, EUR, GBP, CAD, SGD, HKD, JPY
- Broker to Broker Transfer: Yes
- Interest Bearing Accounts: No
Frequently Asked Questions (FAQ)
Is FP Markets a safe broker?
Yes. FP Markets is one of the safest brokers globally, regulated by ASIC (Australia), CySEC (Cyprus), and FSCA (South Africa), ensuring strict adherence to financial standards and client protection.
What is the minimum deposit at FP Markets?
The minimum deposit for both Standard and Raw accounts is $100 USD (or equivalent).
What are the commissions on FP Markets?
The Standard account is commission-free. The Raw account charges a commission of $3.00 per lot per side ($6.00 round turn) in exchange for raw ECN spreads.
Does FP Markets allow scalping?
Yes, FP Markets allows all trading strategies including scalping, hedging, and the use of Expert Advisors (EAs). Their ECN execution model is ideal for high-frequency trading.
Can I get FXRebate cashback if I already have an FP Markets account?
Typically, yes. If you already have an account, you can often transfer it to our IB. Please visit our FP Markets broker page and see the “Transfer an Existing Account” section for detailed instructions.
