Recalculated 2026-11-02 · Established 2005 · South African clients are onboarded unde
FP Markets — South Africa
FP Markets is rated 4.10 out of 5 by our formula (scored, but outside the ranking) for traders in South Africa: round turn 6.5 USD, residents accepted — Yes.
Suits you if the round turn is 6.5 USD against a 7 USD median here · it takes residents of South Africa · a swap-free account is available
Look elsewhere if the minimum is 100 USD against 50 USD in this market
Key facts (8)
- Who actually onboards you
- South African clients are onboarded under the locally licensed entity
- Licence number
- 50926
- Established
- 2005group
- Min deposit, USD
- 100 USDgeo
- Platforms
- MT4 · MT5 · cTrader · TradingView
- Local funding
- Cards, bank wire and e-wallets (Skrill/Neteller)
- Max leverage
- 500geo
- EURUSD
- 1.0 pipsgeo
Accounts (2)
2 of 2 accounts with a published cost per lot
2 of 2 shown
Click a column heading to sort. Figures are list terms, no promo codes.
| Broker · account | Min deposit, USD | Spread | Commission | Cost per lot | Swap-free |
|---|---|---|---|---|---|
| FP MarketsStandard Account | — | — | Anyper standard lot | 0round turn, USD | Swap-free |
| FP MarketsRaw Account | — | 0advertised | 6per standard lot | 6round turn, USD | Swap-free |
This broker against the South Africa middle (81 of 104)
| FP Markets | South Africa median | |
|---|---|---|
| Round turn, USD | 6.5 USD | 7.0 USD |
| Min deposit, USD | 100 USDgeo | 50.0 USD |
| Max leverage | 500geo | 500.0geo |
| Withdrawal, h | 1-3 business daysgroup | 24.0 h |
| EURUSD, standard | 1.0 pipsgeo | 1.0 pips |
| EURUSD, raw | 0.05 pipsgeo | 0.0 pips |
| Established | 2005group | 2009.0 |
| Platforms | 4 | 3.0 |
Licensed in South Africa
Locally regulated in South Africa by the FSCA as an authorised FSP - a genuine local licence, not merely offshore.
56 of 104 brokers in our base hold a licence issued in South Africa. That is a fact about the market, not about FP Markets.
- Who actually onboards you
- South African clients are onboarded under the locally licensed entity FP Markets (Pty) Ltd
- Licence number
- 50926
- Local licence
- yes
- Checked
- 2026-07-09
Score (5/6 axes)
A weighted average of the axes below. Each axis is measured on the same scale as the score itself, and carries the weight shown beside it.
Check:26.7% × 4.62+ 26.7% × 5.00+ 20.0% × 2.00+ 13.3% × 5.00+ 13.3% × 3.50= 4.1
Shown, not ranked: no review-platform rating
Licence check
- Licence number
- 50926
- Checked
- 2026-07-09
Who actually onboards you
South African clients are onboarded under the locally licensed entity FP Markets (Pty) Ltd, an FSCA-authorised financial
Locally licensed entity
What each account gives you
Standard (commission-free) and Raw (0.0 pip + commission) on MT4/MT5/cTrader/TradingView; min deposit USD 100.
Cost per round turn, and the South Africa middle (81 of 104)
raw+commission
Client-money protections
Min deposit USD 100; no broker-side deposit fees.
What the broker publishes about payouts
Trading software and asset classes (4)
MT4 · MT5 · cTrader · TradingView
10,000+ CFDs: 60+ FX pairs, indices, commodities, shares, ETFs, bonds and crypto CFDs.
Reviews
Where it wins, where it loses
Pros (3)
- Round turn 6.5 USD against a South Africa median of 7.0
- Licensed locally: 50926
- Swap-free account available
Cons (0)
- —
Where it does not serve
Afghanistan, Cuba, Islamic Republic of Iran, Iraq, Liberia, Libya, Myanmar, Palestine, Russian Federation, Somalia, Syrian Arab Republic, Sudan, Yemen, United States
Methodology
the weighted mean of six axes, each on the same 0–5 scale · reviews 25%, cost 20%, safety 20%, payouts 15%, track_record 10%, platforms 10%
Sources (3)
3 sources, read on 2026-07-09. Ordered by weight of evidence: regulator registers first, then the broker's own documents, review platforms and aggregators.
- Regulator registers
- 1fsca.co.zafsca.co.za · domainRegister
- Aggregators and directories
- 2fpmarkets.com/regulationfpmarkets.com · pageAggregator
- 3fxscouts.co.za/broker/fpmarketsfxscouts.co.za · pageAggregator
FAQ (5)
Does FP Markets accept residents of South Africa?
Yes.
Which entity onboards a South Africa client of FP Markets?
South African clients are onboarded under the locally licensed entity FP Markets (Pty) Ltd, an FSCA-authorised financial services provider.
What licence does FP Markets hold for South Africa?
Licence 50926.
What does one EURUSD lot cost at FP Markets?
6.5 USD per round turn against a South Africa median of 7.0 USD, measured on 81 of 104 brokers.
How long does a withdrawal from FP Markets take?
FP Markets publishes 1-3 business days. Their own wording: “FP Markets withdrawals typically take 1–3 business days to process.”.