Complete guide to opening an account with FP Markets. Minimum deposit: $100. Available account types, KYC requirements, and step-by-step instructions.
By James Wilson•Updated 2026-03-01•Fact-checked by Edith Balazs
Minimum Deposit
$100
Max Leverage
1:500
Platforms
MT4, MT5, cTrader, IRESS
Islamic Account
Yes
Demo Account
Yes
Copy Trading
Yes
FP Markets Account Types
**Standard Account** — Min. deposit: $100. Spreads from 1.0 pips. No commission.
**Raw ECN Account** — Min. deposit: $100. Spreads from 0.0 pips. Commission $3 per side ($6 RT).
**Iress Account** — Min. deposit: $1,000. DMA equity CFDs. Direct Market Access.
**Islamic Account** — Min. deposit: $100. Swap-free trading. Available for Standard and Raw.
Verification & KYC Process
FP Markets offers a fast digital account opening process. Standard and Raw accounts require $100 minimum deposit. The Iress platform for DMA equity trading requires $1,000 minimum. Verification requires ID and proof of address. Demo accounts are available (30-day validity). Islamic swap-free accounts available upon request.
Available Trading Platforms
FP Markets supports the following trading platforms: MT4, MT5, cTrader, IRESS. MetaTrader 4 (MT4) is available for those who prefer the industry-standard platform. MetaTrader 5 (MT5) is also supported with enhanced features. cTrader is available for advanced traders seeking superior charting.
Demo Account
FP Markets offers a free demo account: Yes. A demo account allows you to practice trading with virtual money before committing real funds. This is especially valuable for beginners learning the platform.
Frequently Asked Questions
To open an account with FP Markets, visit their website and click "Register" or "Open Account". You'll need to provide personal information, complete identity verification (KYC), and make a minimum deposit of $100.
The minimum deposit for FP Markets is $100. Some premium account types may require higher deposits.
Yes, FP Markets offers a demo account: Yes. This lets you practice with virtual funds before trading with real money.
You typically need: 1) A valid government-issued photo ID (passport, national ID, or driving license), and 2) Proof of address (utility bill, bank statement, or government-issued document dated within the last 3 months).
Yes, FP Markets offers Islamic (swap-free) accounts that comply with Sharia law. These accounts do not charge or earn overnight interest.