Is FP Markets legit? | FP Markets Broker Review 2026
Is FP Markets legit?
FP Markets is a legitimate broker. It is regulated by Australia’s ASIC, South Africa’s FSCA and regulators in Mauritius and Seychelles (November 2026).
What makes FP Markets a legitimate broker?
FP Markets is legitimate because it holds a top-tier ASIC license and handled deposits, trades and withdrawals in FXStreet’s November 2026 live test.
During the process, the card withdrawal arrived in under 24 hours, faster than we expected.
Our FP Markets review explains each category score and the evidence behind it.
Which licenses back FP Markets’ legitimacy?
FP Markets operates through four licensed entities, regulated by ASIC in Australia, South Africa’s FSCA, the FSC (Mauritius) and the FSA (Seychelles).
| FP Markets entity | Regulator | License | FXStreet regulation tier |
|---|---|---|---|
| First Prudential Markets Pty Ltd | Australian Securities and Investments Commission (ASIC), Australia | AFSL 286354 | High-tier (strong investor protection) |
| FP Markets (Pty) Ltd | Financial Sector Conduct Authority (FSCA), South Africa | FSP 50926 | Mid-tier (moderate investor protection) |
| FP Markets (Pty) Ltd – Mauritius | Financial Services Commission (FSC), Mauritius | GB21026264 | Low-tier (minimal investor protection) |
| FP Markets LLC | Financial Services Authority (FSA), Seychelles | SD130 | Low-tier (minimal investor protection) |
Can US residents open an FP Markets account?
FP Markets does not accept residents of the United States, according to its November 2026 terms, which also exclude sanctioned countries.
FP Markets’ services are also unavailable to residents of Afghanistan, Cuba, Iraq, Iran, Liberia, Libya, Myanmar, Palestine, the Russian Federation, Somalia, Syria, Sudan, Yemen and any region listed under FATF or EU/UN sanctions frameworks.
FP Markets notes that these restrictions may change as regulations are updated.
Has any regulator warned against FP Markets?
FXStreet found no regulatory warnings against FP Markets in its November 2026 review, across its ASIC, FSCA, FSC Mauritius and FSA Seychelles entities.
Traders can check which FP Markets entity covers their account on the FP Markets website or on the official regulator’s register.
FP Markets offices and company details
FP Markets was founded in 2005 and lists offices in Sydney, Johannesburg, Port Louis in Mauritius and Mahé in Seychelles, as of November 2026.
- Australia: Level 2, 10 Bridge Street, Sydney NSW 2000, Australia.
- South Africa: The Firs, 3rd Floor, Cnr Cradock & Biermann Avenue, Rosebank, Johannesburg, 2196, South Africa.
- Mauritius: Level 6, Ken Lee Building, 20 Edith Cavell Street, Port Louis, Mauritius.
- Seychelles: Unit 212, 2nd Floor, FX Business Centre, Providence, Mahé, Seychelles.
FP Markets legitimacy at a glance
| Legitimacy check | FP Markets |
|---|---|
| FXStreet verdict (November 2026) | Safe and legitimate broker |
| Top-tier regulator | ASIC, Australia |
| Other regulators | FSCA (South Africa), FSC Mauritius, FSA Seychelles |
| US residents accepted | No |
| Regulatory warnings found by FXStreet (November 2026) | None |
| Verified by FXStreet under real conditions | Yes: live account opened, funded, traded and withdrawn |
FP Markets FAQs
Is FP Markets a legit broker according to expert reviews?
FXStreet rates FP Markets a safe and legitimate broker with an 8.8/10 Trust score in November 2026, backed by ASIC, FSCA, FSC and FSA licenses.
Which license does FP Markets hold in Australia?
First Prudential Markets Pty Ltd holds FP Markets’ Australian license, ASIC license AFSL 286354, a top-tier license verified in November 2026.
Which entity holds FP Markets’ FSCA license?
FP Markets (Pty) Ltd holds FP Markets’ license from South Africa’s FSCA, as financial services provider number FSP 50926 (November 2026 data).
When was FP Markets founded?
FP Markets was founded in 2005 and, as of November 2026, operates through regulated entities in Australia, South Africa, Mauritius and Seychelles.