FP Markets fees explained

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Overview of FP Markets fees and charges

When trading or investing at an online broker, fees can have a big impact on your results, so it's good to know what kind of charges you'll be facing and how these compare to fees at other brokers.

If fees are your top concern, FP Markets is a good choice, as it has low fees in general. Check our toplist for cheaper brokers.

I found FP Markets's trading fees fairly low

Adam Nasli

Regulation • Fighting Scams • Market Analysis

I've personally tested dozens of global brokers, carefully looking at their fees not just on their website but also in the course of live trading. Here's how FP Markets fared:

FP Markets charges low FX fees and low CFD fees.
There is no inactivity fee even if you leave your account idle for a long time.
The basic withdrawal fee is $0, but some transactions may cost more.
Read our full review of FP Markets for info on safety, trading platforms and funding.

FP Markets fees at a glance
Assets	Fee level	Fee terms
S&P 500 CFD	Low	The fees are built into the spread, 0.5 points is the average spread cost during peak trading hours.
Europe 50 CFD	Low	The fees are built into the spread, 1.7 points is the average spread cost during peak trading hours.
EURUSD	Low	Raw account: $3.00 commission per lot per trade plus spread cost. 0.09 pips is the average spread cost during peak trading hours.
Inactivity fee	Low	No inactivity fee

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Low FX fees

FP Markets forex fees
	FP Markets FP Markets	IC Markets IC Markets	Pepperstone Pepperstone
commission per lot	3.00	3.50	3.50
EURUSD spread Usual spread in pips	0.1	0.0	0.1
GBPUSD spread	0.5	0.0	0.2
AUDUSD spread	0.3	0.0	0.2
EURCHF spread	0.5	0.2	0.4
EURGBP spread Usual spread in pips	0.2	0.2	0.3

Low CFD fees

Spread and commission for a $2,000 CFD trade
	FP Markets FP Markets	IC Markets IC Markets	Pepperstone Pepperstone
S&P 500 index CFD fee Includes all fees (spread, commission, financing rate) of a $2,000 20:1 position open, 1-week-hold, and close	$1.1	$2.9	$3.2
Euro Stoxx 50 index CFD fee Includes all fees (spread, commission, financing rate) of a $2,000, 20:1 position: open, hold for 1 week, and close	$3.3	$3.0	$3.2
Apple CFD fee Includes all fees (spread, commission, financing rate) of a $2,000, 20:1 position: open, hold for 1 week, and close	$7.5	$1.6	$4.5
Vodafone CFD fee Includes all fees (spread, commission, financing rate) of a $2,000 20:1 position open, 1-week-hold, and close	$9.4	$6.3	$7.3

When you trade stock CFDs, FP Markets will charge a commission.

FP Markets Stock CFD fees
Market	Commission per trade	Minimum fee
NYSE, NASDAQ	$0.02 per stock	$15
London	0.10% of the trade value	£10
Frankfurt	0.10% of the trade value	€10
Australia	0.08% of the trade value	AUD 0
Singapore	0.15% of the trade value	SGD 25
Hong Kong	0.30% of the trade value	HKD 100

We know it's hard to compare trading fees for CFD brokers. So how did we approach the problem of making their fees clear and comparable? We compare brokers by calculating all the fees of a typical trade for selected products.
We have selected popular instruments within each asset class:

Stock index CFDs: SPX and EUSTX50
Stock CFDs: Apple and Vodafone
Forex: EURUSD, GBPUSD, AUDUSD, EURCHF and EURGBP

A typical trade means buying a leveraged position, holding it for one week and then selling. For the volume, we chose a $2,000 position for the stock index and stock CFDs and $20,000 for the forex transactions. The leverage we used was:

20:1 for stock index CFDs
5:1 for stock CFDs
30:1 for forex

These catch-all benchmark fees include spreads, commissions and financing costs for all brokers. Let's see the verdict for FP Markets fees.

No inactivity fee, no withdrawal fee

FP Markets inactivity, withdrawal and other fees
Broker	Inactivity fee	Withdrawal fee
FP Markets		$0
IC Markets		$0
Pepperstone		$0

FP Markets gives you access to real stocks, but only to those traded on the Australian Securities Exchange. Fees vary according to account types:

FP Markets stock fees
	Commission	Minimum fee
Standard	0.11%	$14.95
Non-Leverage CFD	0.08%	No minimum

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Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology.