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Unregulated

fpmarkets

Cyprus
Reported regulated (unverified) Cyprus Forex, commodities Listed on MetaQuotes MT5
3.5/ 10
Trust score

Poor

High-risk profile — proceed only with caution and small amounts.

Licensed-broker average 4.9 / 10
fpmarkets has no verified tier-1 regulatory licence on record. See what this means →
User reviews
—
License status
None
Operating since
2024
Platforms
—
Min. deposit
—
Max. leverage
—
Account types
—
Website status
Online
checked 25 Oct 2026

fpmarkets Review — Overview

Updated 27 Oct 2026
Regulation
Reported regulated (unverified)
Licence status
Regulated
Instruments
Forex, commodities, stock indices, precious metals
Operating
Est. 2024
Website
fpmarkets.eu · Online

fpmarkets is a cryptocurrency exchange based in Cyprus, established in 2024. On Trust Broker Hub it holds a Trust Score of 3.5 out of 10, which we rate as Poor — below the 4.9/10 average for brokers that hold a verified licence. High-risk profile — proceed only with caution and small amounts.

We could not verify any regulatory licence for fpmarkets. Trading with an unregulated broker is high-risk — your funds are not protected by any authority, and there is no official body to turn to if withdrawals are blocked or the broker disappears. We strongly recommend a regulated alternative from the list on this page.

fpmarkets provides access to Forex, commodities, stock indices, precious metals. Its detailed trading conditions — minimum deposit, spreads and maximum leverage — are not publicly disclosed, which lowers transparency. No complaints are currently on record. Overall, fpmarkets carries a high-risk profile. Only consider it with money you can afford to lose, and verify everything independently first.

Trust score breakdown

How is this calculated?
Regulation tier & jurisdiction 7.0 / 10 × 50%
Transparency no trading-terms feed for exchanges 0.0 / 10 × 20%
Footprint track record 2.4 / 10 × 15%
Reviews no verified trader feedback yet 3.0 / 10 × 10%
Complaint record no complaint history on file 5.0 / 10 × 5%
Weighted total 4.41
Data completeness 3 of 5 facts verified 60%  ×0.80
Trust Score 3.5 / 10

Trust Score history

fpmarkets currently scores 3.5/10. The trend line will build here as the Trust Score is re-evaluated over time.

Pros

  • No unresolved complaints on record
  • Live website and reachable support channels
  • Listed in our verified broker directory

Cons

  • Reports itself as regulated, but we hold no licence record to verify it
  • Very short operating history (under 2 years)
  • Trading conditions and fees not publicly disclosed

Regulation

0 licences

No regulatory licence on record for fpmarkets. Treat with caution and verify before depositing.

MetaQuotes registry

As listed in the MetaQuotes MT5 broker directory · checked 26 Oct 2026
First Prudential Markets Ltd. MT5 server: FirstPrudentialMarketsCY
Registration number
HE 372179
Registered address
Georgiou Griva Digeni, 109, 3rd Floor, Limassol, 3101, Cyprus
Offices
Cyprus
Status (per MetaQuotes)
Regulation: Cyprus
Website
www.fpmarkets.eu
Email
supportdesk@fpmarkets.eu
Abuse reports
supportdesk@fpmarkets.eu
Phone
+357 25057254

Company details come from the broker's listing in MetaQuotes' MetaTrader 5 directory. A MetaQuotes listing is not a regulatory licence; see the Regulation section above for verified licences.

Trading conditions

Self-reported
InstrumentsForex, commodities, stock indices, precious metals, energy
Minimum depositNot disclosed
Maximum leverageNot disclosed
Typical spreadNot disclosed
PlatformsNot disclosed
Demo accountNot disclosed

We mark unverified fields as “Not disclosed” rather than estimate them.

Our verdict on fpmarkets

Editorial · updated 27 Oct 2026
Our analysis · editorial 3.5/10

High-risk profile

fpmarkets does not hold a verified regulatory licence on record. Based in Cyprus, it has been operating for about 2 years. We have no complaints on record against it. Weighing regulation, track record and complaint history, our Trust Score is 3.5/10 — a high-risk profile.

Strengths
  • No complaints on record with us
Watch-outs
  • No verified regulatory licence on record — funds may lack protection
  • Short operating history (2 years)
Bottom line: High risk — we would avoid depositing significant funds until its regulation improves.

This is Trust Broker Hub's data-driven editorial assessment — not a user review. It is generated automatically from regulation, licensing, company age and complaint records, and updates as those change.

User reviews

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fpmarkets — Questions & Answers

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Complaints & alerts

0 on record
No complaints or regulator warnings on record
We monitor regulator alert lists and user reports. We'll flag fpmarkets here if that changes.

Full specifications

Regulated region
Cyprus
License status
Regulated
Licences held
Investment Advisory License, Exchange License
Instruments
Forex, commodities, stock indices, precious metals, energy
Year founded
2024

Frequently asked

Is fpmarkets a safe broker?
fpmarkets scores 3.5 / 10 on our Trust Score, below the 4.9 average for brokers that hold a verified licence. It has no verified tier-1 licence, raising risk. It has no complaints on record with us, though that is not proof of good conduct. Trade only with funds you can afford to lose.
What is the fpmarkets MT5 server name?
fpmarkets is listed in the MetaQuotes MetaTrader 5 directory under the server name "FirstPrudentialMarketsCY". In MetaTrader 5, add an account and search for that name, then choose the exact server shown in your account details from the broker. Read our methodology.
Is fpmarkets regulated?
MetaQuotes lists First Prudential Markets Ltd. with the status "Regulation: Cyprus". That is the broker's own declaration to MetaQuotes, not a licence we have checked. We hold no verified licence for it, so check the regulator's own register before depositing.
How is the fpmarkets trust score calculated?
The score weighs five factors: regulation tier, transparency of disclosures, operating footprint, user sentiment, and complaint history. Each is scored out of 10 and combined into the overall figure shown at the top.
What does "offshore regulated" mean?
It means the broker's licence comes from a jurisdiction with lighter requirements than tier-1 regulators like the FCA or ASIC. There's usually no compensation scheme, so recovering funds can be difficult if the broker fails.
Can I withdraw funds easily from fpmarkets?
fpmarkets doesn't publish detailed withdrawal terms, so we can't verify processing times or fees. Test with a small amount first and document every transaction.