FP Markets Standard vs Raw Account: Full Comparison

FP Markets has earned global recognition as a modern forex and CFD broker. The broker is popular for consistently tight spreads, access to a wide range of trading instruments, and a technologically advanced trading environment. Furthermore, the broker offers two distinct trading accounts to cater to various trading styles. 

The two accounts available to traders on this broker site include the Standard Account and the Raw Account. While both accounts grant access to the same markets and trading platforms, their pricing models and ideal user profiles differ significantly.

In this article, we provide a detailed comparison of the FP Markets Standard and Raw Accounts. We will examine the key differences in spread structure, commission models, trading strategy compatibility, and account features. This deep dive will help you decide which account type better suits your trading goals, preferences, and style.

FP Markets Standard Account

The FP Markets Standard Account is designed for traders seeking a simple, commission-free trading environment. It features no commission fees, with nearly all trading costs included in the spread. Instead of paying separate commissions per trade, FP Markets adds a small markup to raw spreads, offering transparent and easy-to-understand pricing.

Spreads start from 1.0 pips on major pairs, depending on market conditions. While wider than the spreads on the Raw Account, they remain competitive and ideal for traders who prioritise convenience over ultra-tight pricing. The minimum opening deposit is $100 or the equivalent in other currencies, making it accessible to most traders in the market. The account supports trading of the full suite of trading instruments on FP Markets. 

Traders can access a variety of platforms, including MetaTrader 4, MetaTrader 5, TradingView, and cTrader. These platforms feature intuitive interfaces, advanced charting tools, and full compatibility with Expert Advisors (EAs). Additional features include a mobile app and VPS hosting, providing stable and fast trading conditions across all devices.

Overall, the Standard Account is ideal for most trader profiles, offering a user-friendly structure with competitive spreads and zero commissions.

72.44% of retail CFD accounts lose money

FP Markets Raw Account

The FP Markets Raw Account is built for traders who prioritise tighter spreads and more precise cost control. With spreads starting from 0.0 pips, this account offers direct access to institutional-grade pricing. Instead of a markup on the spread, this account charges a fixed commission of $3 per side per lot. This allows for greater transparency and predictability in cost, especially for frequent traders. As such, this account is ideal for scalpers, day traders, and high-volume strategies.

The minimum deposit for the Raw account is also $100 or equivalent. Additionally, traders gain access to FP Markets’ full suite of product offerings. Further, the trading platforms available to use include MetaTrader 4, MetaTrader 5, TradingView, and cTrader.

With ultra-tight spreads and low-cost execution, the Raw Account is an excellent choice for experienced traders looking to minimise costs while maximising performance.

72.44% of retail CFD accounts lose money

Key Differences Between FP Markets Standard and Raw Accounts

The fundamental difference between the FP Markets Standard and Raw Accounts lies in how each account structures trading costs and the type of trader each one is designed to serve. The Standard Account is built around a commission-free pricing model, where nearly all costs are embedded within the spread. 

This means traders do not pay additional fees on each trade, the broker simply adds a markup to the raw spread. Spreads on this account start from 1.0 pips, depending on market conditions and the specific trading instrument. 

This simplified pricing structure is easy to understand and manage, making the Standard Account a natural fit for most traders. 

The Raw Account, on the other hand, is designed for traders who prioritise cost-efficiency and are comfortable with a commission-based pricing model. With spreads starting from as low as 0.0 pips, this account provides access to institutional-grade pricing sourced directly from top-tier liquidity providers. To offset these ultra-tight spreads, FP Markets charges a fixed commission of $3 per side per lot, meaning a total of $6 per round trip.

This account type is most suited for active traders, including scalpers, day traders, and algorithmic traders. Such strategies execute multiple trades daily and aim to minimise trading costs as much as possible. For these traders, even fractional savings on trading fees can translate into improved profitability over time.

Factors to Consider When Choosing Between the Two Accounts

When deciding between the FP Markets Standard and Raw Accounts, traders should consider several key factors. These include:

• Trading Frequency - For traders who execute a high number of trades daily, the Raw Account may offer better cost efficiency, even after factoring in commission fees. However, for those who trade less frequently, the Standard Account’s all-in-one spread structure may be more convenient.
• Sensitivity to Spreads - Scalpers and algorithmic traders who rely on precise entry and exit points benefit more from the Raw Account’s tighter pricing. On the other hand, traders who hold positions for longer periods may not find the wider spreads on the Standard Account to be a significant disadvantage.
• Ease of Use - New traders or those who want to avoid the hassle of tracking commissions often prefer the Standard Account. More experienced traders who understand cost structures and seek maximum transparency typically gravitate toward the Raw Account.

Available Assets on FP Markets

FP Markets provides access to a broad selection of over 10,000 CFD trading instruments, spread across eight major asset classes. This diverse range supports various trading strategies and allows traders to manage risk effectively while gaining exposure to global markets.

• Forex: FP Markets offers more than 60 currency pairs, including majors like EUR/USD and GBP/USD, as well as minors and exotic pairs. With high liquidity and tight spreads, the forex market is ideal for traders seeking frequent opportunities and fast-moving price action.
• Shares: Traders can access a ton of individual stocks listed on major U.S. and European exchanges. These share CFDs include popular companies across sectors, allowing traders to speculate on the price movements of well-known equities without owning the underlying assets.
• Metals: FP Markets includes precious metals such as Gold and Silver in its asset lineup. These metals are available against both the USD and AUD, and are frequently used by traders as safe-haven assets or for portfolio diversification during market uncertainty.
• Commodities: In addition to metals, FP Markets offers other key commodities like Crude Oil and Natural Gas. 
• Indices: The broker supports trading on a range of global indices, including the US Tech 100, UK 100, US 500, and GER 30. Index CFDs enable traders to gain exposure to entire stock markets through a single position.
• Cryptocurrencies: FP Markets offers access to several popular cryptocurrencies, such as Bitcoin, Ethereum, Litecoin, and Bitcoin Cash. Though the selection is modest, these assets allow traders to participate in the highly volatile and rapidly evolving crypto market via CFDs.
• Bonds: Traders can diversify their portfolios with bond CFDs, which provide exposure to fixed-income securities. 
• ETFs: FP Markets also supports CFD trading on a selection of Exchange-Traded Funds (ETFs). These instruments offer diversified exposure to sectors, indices, or strategies within a single trade, combining the benefits of both stocks and mutual funds.

FP Markets' Regulation and Credibility

FP Markets is a well-regulated broker, holding licenses from multiple top-tier authorities. These include the ASIC in Australia, the CySEC, the FSCA in South Africa, and the CMA in Kenya, among others. These regulators mandate that the broker hold client funds in segregated accounts, provide a high level of operational transparency, and ensure compliance with strict financial standards. 

Moreover, FP Markets has an impressive rating of 4.9 out of 5 stars on the popular customer review site Trustpilot. This shows customer confidence and a high level of satisfaction.

Final Verdict: Which FP Markets Account Should You Choose?

When it comes down to choosing between the FP Markets Standard and Raw Accounts, your decision should ultimately depend on your trading style, experience level, and cost sensitivity.

If you're a new trader or someone who prefers straightforward pricing without worrying about extra charges, the Standard Account offers a solid starting point. It's easy to use, transparent in cost structure, and provides all the essential tools and access needed to trade forex and CFDs confidently.

On the other hand, if you're an experienced trader who executes high-volume trades or uses scalping and short-term strategies, the Raw Account is likely a better fit. It gives you access to ultra-low spreads and direct market execution, allowing you to maximise precision and efficiency in fast-moving markets.

Both accounts benefit from FP Markets’ top-tier regulation, robust trading platforms, and wide range of instruments. Whether you're just starting your trading journey or looking to refine a seasoned strategy, FP Markets offers flexible options to support your goals.