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FP Markets regulation
Across a hundred brokers, the licence is what separates the field fastest. Here is FP Markets's regulatory record in full.
Facts last checked . Read the full FP Markets review.
Regulation and safety
- Regulated by
- ASIC (AFSL 286354); CySEC (371/18); FSCA (FSP 50926); Seychelles FSA (SD130); Mauritius FSC (GB21026264); CMA Kenya
- Regulator tier
- Tier 1
- Register entry
- ASIC Professional Registers, AFSL 286354
- Client money segregated
- Yes
- Held at
- Major regulated banking institutions
- Negative balance protection
- Yes, retail clients
- Compensation scheme
- ICF up to €20,000 for eligible CySEC clients; no statutory investor compensation scheme under ASIC/Seychelles entities
- Audited by
- Independent external auditors
- Not available to
- Afghanistan, Cuba, Iraq, Iran, Liberia, Libya, Myanmar, Palestine, Russia, Somalia, Syria, Sudan, Yemen, United States, and FATF/EU/UN-sanctioned jurisdictions
Check the licence yourself: ASIC Connect, the CySEC register of investment firms, the FSCA search of financial services providers, the Seychelles FSA list of regulated entities, the Mauritius FSC register of licensees.
What this means
Across a hundred brokers, the licence is what separates the field fastest.
FP Markets holds tier-one authorisations from ASIC and CySEC. That matters more than any headline spread: it determines your leverage cap, whether losses can exceed your deposit, and what happens to your money if the firm fails.
It also operates an offshore entity (FSC and FSA). Which one you are onboarded to depends on where you live, and the two carry very different protections - worth confirming before you deposit.
ASIC caps retail leverage at 1:30, requires negative balance protection, and obliges the broker to hold client money in a separate trust account.
CySEC licences passport across the EU and follow the 1:30 retail leverage cap, with the Investor Compensation Fund covering eligible claims.
The FSCA licenses derivative providers in South Africa without a fixed retail leverage cap, so headline leverage is often higher than an FCA or ASIC entity may offer.
Client money is held separately from the firm's own money, at Major regulated banking institutions. That separation is what makes your balance recoverable if the company fails, rather than part of the pool its creditors divide up.
Negative balance protection applies, so a losing position cannot take the account below zero and leave you owing the broker money.
Covered by ICF up to €20,000 for eligible CySEC clients; no statutory investor compensation scheme under ASIC/Seychelles entities, which pays eligible clients up to its limit if the firm fails owing client money.
Questions about FP Markets regulation
Who regulates FP Markets?
FP Markets is regulated by ASIC (AFSL 286354); CySEC (371/18); FSCA (FSP 50926); Seychelles FSA (SD130); Mauritius FSC (GB21026264); CMA Kenya.
Is client money segregated at FP Markets?
Yes. FP Markets holds client money separately from its own funds, at Major regulated banking institutions.
Does FP Markets offer negative balance protection?
Yes. FP Markets offers negative balance protection, so a losing position cannot leave you owing the broker more than your account held.
Regulation at brokers under the same regulator
- Exness regulation also licensed by CySEC
- HF Markets regulation also licensed by CySEC
- Admirals regulation also licensed by ASIC
- ATFX regulation also licensed by ASIC
- ThinkMarkets regulation also licensed by ASIC