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FP Markets Review

Est. 2005 · FP Markets Partners (IB)

FSCA FSP 50926 ASICCySEC

Verify this broker on the FSCA register before depositing.

By RandBroker Editorial · How we rate brokers

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Is FP Markets regulated in South Africa? FP Markets is FSCA-regulated (FSP 50926, FP Markets (Pty) Ltd). ODP/derivative-authorisation status unconfirmed; verify on the register. FP Markets does not offer direct ZAR account funding (ZAR pairs are tradeable, but accounts fund in other currencies).

Important caveat

ODP/derivative-authorisation status unconfirmed; verify on the register. FP Markets does not offer direct ZAR account funding (ZAR pairs are tradeable, but accounts fund in other currencies).

FSCA regulation & ODP status

  • FSCA FSP: 50926 (entity: FP Markets (Pty) Ltd) — pending live-register confirm.
  • Own ODP licence: No own ODP — see caveat above.

Other authorisations: ASIC (Australia), CySEC (Cyprus).

ZAR support & funding

No ZAR accounts. Funding methods, fees and processing times vary by entity and currency — check the broker's funding page, and read our guide on funding a forex account in ZAR (FICA/KYC).

Platforms

MT4, MT5, cTrader, TradingView.

Fees & minimum deposit

Minimum deposits and spreads vary by account type and change often — check the current figures on the broker's site. We do not publish a figure until a hands-on review.

How to verify before you deposit

  1. Note the exact legal entity name on the broker's site that serves South Africa.
  2. Search that entity (and FSP number) on the official FSCA register.
  3. Confirm the authorisation is current and, if you need onshore CFDs, that the entity holds an ODP licence.
See FP Markets on the South Africa broker shortlist The full FSCA/FAIS/ODP picture plus the FSP-vs-ODP comparison for every broker we cover.
FSCA enforcement data: how the regulator polices unlicensed forex activity Official FSCA Regulatory Actions Report figures — the regulatory context behind every licence check on this site. Compare confirmed FSCA-ODP / FSP brokers Exness and Scope Markets SA hold their own FSCA ODP licence; XM and Tickmill hold a confirmed FSCA FSP — see how FP Markets compares.