Operating since 2005, FP Markets holds an FSCA licence (FSP 50926) alongside ASIC/CySEC oversight, with raw ECN pricing and swap-free accounts. Highly rated for spreads.
No confirmed FSCA ODP licence, and 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 We do not publish a figure until a hands-on review.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
- Note the exact legal entity name on the broker's site that serves South Africa.
- Search that entity (and FSP number) on the official FSCA register.
- Confirm the authorisation is current and, if you need onshore CFDs, that the entity holds an ODP licence.