FP Markets scores 85/100 in our review (grade A, excellent), a Sydney, Australia-based broker regulated by ASIC (Australia), CySEC (Cyprus), FSCA (South Africa). It offers MetaTrader 5, so you can run Market Structure Pro on it.
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Start free trial Visit FP Markets ↗| Headquarters | Sydney, Australia |
| Founded | 2005 |
| Regulation | ASIC (Australia), CySEC (Cyprus), FSCA (South Africa), FSA (Seychelles) |
| Platforms | MT4, MT5, cTrader, TradingView, IRESS |
| MetaTrader 5 | Yes, MSP works here |
| Own platform | No |
| Account types | Standard, Raw, IRESS |
| Min deposit | $100 |
| Typical EURUSD spread | 1 pips |
| Typical Gold spread | 0.15 |
| Commission | Raw account ~$6 per lot round turn ($3 per side); Standard account is spread-only, no commission |
| Execution | ECN/STP |
| Funding methods | Card, Bank transfer, PayPal, Skrill, Neteller |
| Demo account | Yes |
| Support | 24/7 |
FP Markets is an Australia-based, ECN/STP forex and CFD broker founded in 2005 and headquartered in Sydney. It suits active and cost-sensitive traders who want tight raw spreads and broad platform choice, as well as beginners who prefer the simpler spread-only Standard account. Its standout feature is platform breadth: MetaTrader 4 and 5, cTrader, TradingView, and the IRESS suite for direct-market-access share CFDs, backed by a large catalogue of 10,000+ instruments spanning forex, indices, commodities, metals, crypto CFDs, and thousands of shares.
On safety, FP Markets holds tier-1 licences with ASIC (Australia) and CySEC (Cyprus, EU MiFID), plus FSCA (South Africa) authorisation, and keeps client funds segregated. However, it is not regulated by the UK FCA, and traders outside Australia/EU may be onboarded through lower-tier offshore entities (Seychelles FSA or SVG), which carry weaker investor protections. Product access is restricted by jurisdiction; for example, crypto CFDs are not offered to UK retail clients.
Costs are a strong point: the Raw ECN account delivers spreads from around 0.0-0.1 pips on EUR/USD with roughly $6 per round-turn lot commission, while the commission-free Standard account starts near 1.0-1.3 pips. Gold (XAU/USD) trades at competitive raw spreads. Rounding out the offer are a $100 minimum deposit, common funding methods (cards, bank transfer, PayPal, Skrill, Neteller), free demo accounts, 24/7 customer support, and IB/affiliate partner programs.
A separate reputation score out of 100, based on genuine user reviews across the web and kept independent of the feature score above. Our read: reviews look genuine.
Independent editorial reviews are consistently strong: ForexBrokers.com 4.5/5 (Trust Score 90/99) and DailyForex 4.9/5, backed by ASIC (Tier-1) and CySEC regulation. Higher-leverage retail clients are onboarded via the offshore St. Vincent entity; no specific regulator enforcement found. Trustpilot/FPA/WikiFX could not be verified this pass (blocked).
Can I use Market Structure Pro with FP Markets? Yes. FP Markets offers MetaTrader 5, and MSP is an MT5 indicator, so it runs on any of their MT5 accounts. See the install guide.
Sources: www.forexbrokers.com · www.fpmarkets.com · www.fpmarkets.com · www.fxstreet.com. Figures are typical and change, so confirm on the broker's site.
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