Most Transparent Broker
The Most Transparent Broker award recognises the broker that makes its structure, pricing and client protections easiest for traders to understand. FP Markets received it in 2024 for clearly presented account terms, regulated entities in several jurisdictions and the segregation of client money.
Why FP Markets won
FP Markets won because traders could see how the broker operates before opening an account. Its Standard and Raw accounts are described with their spread and commission structure, so the cost of trading is easy to compare. Client funds are held in segregated accounts at Australian banks, and the group operates under regulators in Australia, Cyprus and other jurisdictions, which gives clients identifiable supervisors. Together with a choice of familiar platforms such as MetaTrader and cTrader, this made FP Markets a strong fit for the category.
FP Markets features
Clear account types Standard accounts have no commission and Raw accounts charge a commission per lot, so traders can see what each trade costs.- Segregated client funds Client money is held in segregated accounts at Australian banks, separate from the broker's own funds.
- Several regulators Entities are supervised by ASIC and CySEC, among other authorities, so clients can identify who oversees their account.
- Platform choice MetaTrader 4, MetaTrader 5, TradingView, cTrader, IRESS and a WebTrader are available, so traders use the software they already know.
- Multi-asset range Forex, indices, commodities, shares and crypto CFDs can be traded from one account, across a broad range of global markets.
- Established offices Offices in Sydney and Limassol and more than 15 years of operation give clients a visible and long-standing company.
