Is FP Markets regulated? | FP Markets Broker Review 2026

FP Markets is regulated by Australia’s top-tier ASIC, South Africa’s FSCA, the FSC (Mauritius), and the FSA (Seychelles), as of November 2026.

FP Markets operates four regulated entities, each with its own license, and FXStreet rates one regulator high-tier, one mid-tier, and two low-tier.

Our FP Markets review covers each entity’s regulation in the Trust category.

FP Markets’ ASIC license, AFSL 286354, is held by First Prudential Markets Pty Ltd and can be checked on ASIC’s official register (November 2026). Traders can confirm which FP Markets entity holds their account on the FP Markets website or on the regulator’s official pages.

FP Markets’ offshore entities are licensed by the FSC Mauritius under GB21026264 and the FSA Seychelles under SD130, as of November 2026. FXStreet groups these two entities with the FSCA-regulated South African entity as FP Markets’ global entities, regulated by mid- to low-tier authorities.

FP Markets protects clients with segregated funds at top-tier banks and negative balance protection for eligible retail clients, as of November 2026. FXStreet finds these protections strongest in Tier-1 regions such as Australia, under ASIC, with standards varying slightly by jurisdiction.

FP Markets offers leverage up to 30:1 on major Forex pairs under ASIC, while its FSCA, FSC Mauritius and FSA Seychelles entities offer up to 500:1.

FP Markets sets maximum leverage by the entity that holds the account, as reviewed in November 2026:

FP Markets does not accept residents of the United States, the Russian Federation, Iran and other sanctioned countries, per its November 2026 terms.

FP Markets’ full list of excluded residents covers Afghanistan, Cuba, Iraq, Iran, Liberia, Libya, Myanmar, Palestine, the Russian Federation, Somalia, Syria, Sudan, Yemen, the United States and any region listed under FATF or EU/UN sanctions frameworks.

FP Markets notes that these restrictions may change as regulations are updated.