FP Markets Review 2026
The full FP Markets write-up for Kazakhstan traders: the kitchen inspection, the ingredient costs, the bill, and our straight verdict.
Regulation in Kazakhstan
| Regulator | FSA FSA, Seychelles Financial Services Authority (FSA) |
| Licence Number | SD026 |
| Regulated Entity | First Prudential Markets Ltd |
| Max Leverage (Forex) | 1:500 |
| Minimum Deposit | $100 |
| EUR/USD Spread | From 0.0 pips (ECN/Raw) |
| Instruments | 10,000+ |
| Platforms | MT4, MT5, cTrader, TradingView, IRESS |
| Copy Trading | ✗ |
| Real Stocks | ✓ |
| Inactivity fee | No inactivity fee |
Verdict
Cooks under FSA (licence SD026). Cover charge $100. In Kazakhstan, forex leverage is capped at 1:500.
About FP Markets
FP Markets opened its doors in 2005 out of a kitchen in Sydney, Australia. Its menu runs to 10,000 tradeable instruments, forex pairs alongside CFDs on stocks, indices and commodities. It holds licences across several jurisdictions, with the head licence carried by First Prudential Markets Ltd under FSA.
In Kazakhstan, FP Markets serves as First Prudential Markets Ltd, cleared by FSA under licence number SD026. Under FSA house rules, Kazakhstan traders are poured no more than 1:500 leverage on forex pairs.
Trading Platforms
Pros
- FSA regulated, licence SD026
- 10,000+ instruments to trade
- Negative balance protection in Kazakhstan
- Platforms: MT4, MT5, cTrader, TradingView, IRESS
- Real stock ownership (not CFD)
- Founded in 2005 (21 years operating)
- 10,000+ instruments, one of the widest menus reviewed
Cons
- No inactivity fee
- 74.2% of retail clients burn their fingers
- CFDs only, you trade the price, you never own the dish
Key Facts, FP Markets
- Australian broker founded 2005, ASIC-regulated, consistently wins ECN/STP awards
- Average EUR/USD raw spread of 0.0 pips, one of lowest raw spreads in industry
- Access to Iress ViewPoint platform alongside MT4/MT5, rare retail access to professional platform
Known Limitations
- Primarily Australian-focused, international support can be slower
- Limited research and analysis content compared to global brokers
- Crypto CFDs not available on Australian-entity accounts
Frequently Asked Questions
Is FP Markets regulated?
Yes. FP Markets is authorised by FSA, issued to the entity First Prudential Markets Ltd, an authorisation you can look up for yourself on the official FSA public register.
What is the minimum deposit for FP Markets in Kazakhstan?
The cover charge is $100, the smallest amount Kazakhstan traders need to open a live account with FP Markets under FSA rules.
What leverage does FP Markets offer in Kazakhstan?
In Kazakhstan, FSA rules cap FP Markets at 1:500 on forex pairs. A larger pour is sometimes available through offshore-regulated entities, with thinner protection to match.
Is FP Markets safe to trade with?
The kitchen passes inspection: FP Markets cooks under FSA. A tier-1 regulator insists on segregated client money, negative balance protection and independent audits, while lighter offshore regimes offer weaker cover and often no compensation scheme. That does not make trading risk-free, so check which entity holds your account and what protections actually apply before you deposit.
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