Brokers  /  FP Markets

FP Markets

Severe risk
🇦🇺 Australia · 5-10 years · since 2020-03-27 · First Prudential Markets Pty Ltd.
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85
Severe risk
Scam Risk Scoremonitored · 2026-07-05
Lower riskHigher risk
  • Listed as “Fake Broker” in industry watchdog records
  • Identified as a clone / impersonator firm
How this score is calculated — view the open algorithm

A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.

FactorScoreWeight
Regulation & licensing9735%
Company age2215%
Clone / impersonation10012%
Withdrawal & exposure complaints1212%
Offshore registration108%
Transparency (site/info/social)7210%

Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.

Company
Legal nameFirst Prudential Markets Pty Ltd.
Headquarters🇦🇺 Australia
Founded2020-03-27
Years operating5-10 years
Employees0
Official websitefpmarketsasia.com
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating
Trading cost rating
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods · --
Withdrawal methods · --
Instruments50+ currency pairsprecious metalsindicescommodities

Regulation & licenses · 1

RegulatorLicense typeLicense No.RegionStatus
ASICMarket Making (MM)286354Australia

Account types · 2

AccountMax leverageMin. depositMin. spreadCommissionEA
Standard account500:1$100 AUD or equivalentfrom 1.6--
ECN account500:1$100 AUD or equivalentfrom 0.0$3.5/lot

Review analysis AI

Across 1 recent Trustpilot reviews, 100% are 1–2 star.

0
Period:
What users complain about
Where reviewers are from
Hong Kong1

Real user reviews

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About FP Markets

FP Markets is a forex and CFD broker based in Australia, with records dating to 2020-03-27. It reports oversight from ASIC.

FXCanary’s verdict is “Severe.” The combination of weak regulation and user complaints means your capital could be at serious risk.

Overview compiled by FXCanary from regulatory records and public data. full FP Markets review