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FP Markets: spreads, commission & ECN pricing

A structured look at FP Markets — regulation, platforms, minimum deposit and its Standard and ECN pricing, with spreads and commission shown separately.

FP Markets logo

FP Markets

Raw pricing plus DMA share dealing via IRESS

4.4/5

Key facts

Regulation
ASIC
Minimum deposit
$100
Maximum leverage
1:30 for ASIC retail clients
Platforms
MT4, MT5, cTrader, TradingView, IRESS
Account types
Standard, Raw, IRESS (DMA)
Best for
Shares and FX in one place

Spreads & commission

Standard and ECN pricing are shown separately: a low ECN spread is not the same as a low total cost, because ECN accounts charge a commission per lot.

Standard
Spread
From 1.0 pips
Commission
$0

EUR/USD · verified 2026-08-15

ECN

Broker account name: Raw

Spread
From 0.0 pips
Commission
US$3/side (USD) or €2.75/side (EUR)

EUR/USD · verified 2026-08-15

How broker pricing works — spreads, commission, ECN and leverage explained

What we like

  • Direct-market-access share CFD pricing through IRESS
  • Five platform options, more than most competitors
  • Uniform $100 minimum on both Standard and Raw accounts

What to watch

  • The IRESS DMA account requires roughly $1,000 to open
  • Standard-account spreads start around 1.0 pips, so cost-focused traders need the Raw tier

Pricing, leverage and account availability differ by legal entity and country of residence and change frequently. Always confirm the current terms with the broker before opening an account. Trading involves risk.

How we present FP Markets' pricing

Standard and ECN pricing are listed as separate tiers. The Standard account is spread-only, so the quoted spread is the trading cost. The ECN account (FP Markets calls it Raw) quotes near-zero spreads but charges a commission per lot per side, so the true cost is spread plus commission.

Who it suits

Traders who want raw pricing and are comfortable with commission-based accounts, and beginners who prefer a single spread-only cost.

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FP Markets logo

Rank #1

FP Markets

Rating

8.8 / 10

Best for
Shares and FX in one place
Why it ranks here
FP Markets pairs raw-spread FX pricing with direct-market-access share dealing, so cost-sensitive traders and multi-asset investors can work from one account group. Five platform choices, ASIC oversight and a $100 entry point make it our strongest all-round pick this quarter.
IC Markets logo

Rank #2

IC Markets

Rating

9.4 / 10

Best for
Raw-spread trading
Why it ranks here
IC Markets is built around cheap execution rather than hand-holding. If you already know how you want to trade and value platform choice, the Raw Spread tier is one of the more compelling cost structures available. Read the entity disclosure carefully: the leverage headline you see may come from the offshore arm rather than the ASIC-regulated one.
XM Group logo

Rank #3

XM Group

Rating

8.6 / 10

Best for
New traders
Why it ranks here
XM is a sensible starting point rather than a cost leader. The tiny minimum deposit, deep education library and responsive support suit traders still finding their footing; once volume grows, the Standard account's spread-only pricing starts to look expensive next to raw-spread rivals.
eToro logo

Rank #4

eToro

Rating

8.4 / 10

Best for
Copy trading
Why it ranks here
eToro trades execution cost for accessibility. The social layer and multi-asset account are genuinely useful if you want to follow others or hold equities alongside FX, but active intraday traders will feel the spread and miss MetaTrader.
XTB logo

Rank #5

XTB

Rating

8.8 / 10

Best for
Traders who prefer a single proprietary platform
Why it ranks here
XTB is a listed international broker running its own xStation platform, with a research and education layer that suits traders who prefer one integrated interface.
Capital.com logo

Rank #6

Capital.com

Rating

8.4 / 10

Best for
Newer CFD traders who want guided tools
Why it ranks here
Capital.com combines a clean proprietary platform with MT4 access and an in-app learning layer aimed at newer CFD traders.

Affiliate disclosure: FXSpreadMeter may receive compensation from some broker partners when users register through links on our website. This does not guarantee a broker's suitability or performance. Trading involves significant risk.