{
  "schemaVersion": 1,
  "kind": "demoOffering",
  "id": "fp-markets-mt4-au",
  "urls": {
    "html": "/demo-accounts/fp-markets-mt4-au.html",
    "json": "/demo-accounts/fp-markets-mt4-au.json",
    "markdown": "/demo-accounts/fp-markets-mt4-au.md"
  },
  "policy": "Documentation research, not account or execution testing. Research regions do not establish residence eligibility. Requires Verification is an evidence gap, not proof of unavailability. Source conflicts and product/entity qualifications must remain attached to claims. Demo results do not establish live trading performance.",
  "record": {
    "checked": "2026-10-12",
    "tested": false,
    "funds": 100000,
    "currency": null,
    "fundsLabel": "100,000 advertised",
    "fundsNote": "General FAQ amount; currency and platform-specific starting balance unconfirmed.",
    "expiryType": "inactivity",
    "expiry": "30 days inactive",
    "expiryNote": "",
    "evidence": "documented",
    "signup": "Personal details; no documents",
    "note": "Amount is general FAQ; platform-specific initial funding unconfirmed.",
    "id": "fp-markets-mt4-au",
    "broker": "FP Markets",
    "entity": "First Prudential Markets Pty Ltd",
    "regions": [
      "AU"
    ],
    "region": "AU",
    "regionLabel": "Australia",
    "researchScope": "Australia",
    "platform": "mt4",
    "platformLabel": "MT4",
    "terms": "No swaps; liquidity constraints may differ",
    "fundingReset": "Dashboard balance edit",
    "deposit": "Demo-first route; no live funding stated",
    "devices": "Not stated for demo",
    "forexCoverage": "Forex",
    "eligibility": "Australian site excludes US, EEA, Japan, New Zealand residents and other prohibited jurisdictions.",
    "evidenceNote": "Official broker documentation; signup and trading not tested.",
    "sources": [
      "fp-markets-1",
      "fp-markets-2"
    ],
    "visit": "fp-markets-1",
    "regulation": {
      "status": "Verified",
      "entity": "First Prudential Markets Pty Ltd",
      "regulator": "Australian Securities and Investments Commission (ASIC)",
      "finding": "ASIC current licence286354 identifies FIRST PRUDENTIAL MARKETS PTY LTD. Latest displayed conditions (13 November 2017) include financial product advice, dealing (including issuance and dealing on behalf of another) and market making in derivatives and foreign exchange contracts to retail and wholesale clients.",
      "scope": "Australian entity only. Conditions also cover other products, but this research records relevant forex scope, not a complete licence transcription. Does not establish all residence eligibility or other FP Markets group companies.",
      "sources": [
        "fp-markets-reg-1"
      ]
    },
    "signupLink": {
      "kind": "portal",
      "note": "Demo registration portal; select your platform.",
      "status": "Official entry route",
      "url": "https://portal.fpmarkets.com/demo/register",
      "sourceUrl": "https://portal.fpmarkets.com/demo/register",
      "checked": "2026-10-13",
      "tested": false
    },
    "execution": {
      "scope": "First Prudential Markets Pty Ltd · AU · cTrader, MT4, MT5, TradingView. Public documentation; no account or execution tests.",
      "tested": false,
      "role": {
        "value": "Principal",
        "status": "Documented",
        "note": "The CFD schedule states that CFD transactions are entered into with FP Markets as principal; this is CFD scope, not every service in the broad account terms.",
        "sources": [
          "ex-b-fp-terms"
        ],
        "checked": "2026-10-13"
      },
      "arrangement": {
        "value": "ECN pricing / no dealing desk",
        "status": "Broker-reported",
        "note": "Australian FAQ describes no-dealing-desk ECN pricing from liquidity providers. This marketing description does not change the contractual principal role.",
        "sources": [
          "ex-b-fp-faq"
        ],
        "checked": "2026-10-13"
      },
      "demo": {
        "value": "Liquidity constraints and swaps differ",
        "status": "Documented",
        "note": "General Australian demo disclosure: virtual funds, possible omission of live liquidity constraints, and no swap charges. Not a separate test of each platform.",
        "sources": [
          "ex-b-fp-faq"
        ],
        "checked": "2026-10-13"
      },
      "review": {
        "checked": "2026-10-13",
        "outcome": "Reviewed official documentation: role Principal; arrangement ECN pricing / no dealing desk; demo Liquidity constraints and swaps differ. No accounts opened or tested.",
        "remainingChecks": [
          "Verify slippage, rejection, margin-closeout and commission treatment separately on each demo platform."
        ]
      }
    },
    "markets": {
      "scope": "First Prudential Markets Pty Ltd · Australia · MT4. Market coverage not yet reviewed.",
      "tested": false,
      "forexCfd": {
        "status": "Requires Verification",
        "note": "Forex CFD demo access has not been established for this entity and platform.",
        "sources": [],
        "checked": null
      },
      "cryptoCfd": {
        "status": "Requires Verification",
        "note": "Cryptocurrency CFD demo access has not been established for this entity and platform.",
        "sources": [],
        "checked": null
      }
    },
    "api": {
      "status": "Requires Verification",
      "type": null,
      "route": "Not established for this offering",
      "note": "API access has not yet been established for this legal entity and demo platform. This does not mean it is unavailable.",
      "requirements": "Confirm the account, platform and regional requirements with the broker.",
      "sources": [],
      "docs": [],
      "checked": null,
      "tested": false
    }
  },
  "sources": {
    "ex-b-fp-faq": {
      "title": "FP Markets Australia trading FAQ",
      "url": "https://www.fpmarkets.com/en-au/education/faq/",
      "owner": "Broker",
      "checked": "2026-10-13",
      "locator": "What is your execution model?; Are there any differences between demo and live accounts?",
      "access": "Opened official page or PDF; documentation review only"
    },
    "ex-b-fp-terms": {
      "title": "FP Markets Australian Retail Client Account Terms",
      "url": "https://www.fpmarkets.com/wp-content/themes/fptheme/assets/pdf/2-2-FP-Markets-Account-Terms-and-Conditions-Accepted-changes.pdf",
      "owner": "Broker",
      "checked": "2026-10-13",
      "locator": "CFD schedule clause 4.1, PDF p42; current Australian legal hub link",
      "access": "Opened official page or PDF; documentation review only"
    },
    "fp-markets-1": {
      "id": "B-FP-01",
      "title": "FP Markets Australia trading FAQ",
      "url": "https://www.fpmarkets.com/en-au/education/faq/",
      "claims": "Demos on all platform types; $100,000; no documents; inactivity; reset; simulation differences; TradingView forex; entity/exclusions. One open redirected EU; subsequent open and find returned AU FAQ.",
      "checked_date": "2026-10-12",
      "verification": "Official documentation; no account opened or functional test"
    },
    "fp-markets-2": {
      "id": "B-FP-02",
      "title": "FP Markets Australian demo registration",
      "url": "https://portal.fpmarkets.com/demo/register",
      "claims": "Form explicitly offers MT4/MT5/cTrader/TradingView; AUD/USD; personal details. Footer includes Australian entity alongside location-driven warning. No submission.",
      "checked_date": "2026-10-12",
      "verification": "Official documentation; no account opened or functional test"
    },
    "fp-markets-reg-1": {
      "title": "ASIC Professional Registers — FIRST PRUDENTIAL MARKETS PTY LTD",
      "url": "https://service.asic.gov.au/search/EntityDetail?LicenceNumber=286354&PermissionType=Australian%20financial%20services%20licensees&licenceName=FIRST%20PRUDENTIAL%20MARKETS%20PTY%20LTD",
      "evidence": "CURRENT; AFSL286354; commenced31/05/2005; ACN112600281; ABN16112600281. Latest displayed conditions13/11/2017 include advice, dealing and market making in derivatives and FX contracts for retail/wholesale clients.",
      "source_date": "Live AFSL record accessed2026-10-12; latest condition version13/11/2017",
      "access_note": "Verified rendered ASIC register and expanded latest licence conditions. Search also returns former name FIRST PRUDENTIAL PTY. LTD.; current name record used. Page says AFSL information is latest; 5amAEDT12Oct2026 timestamp applies to other registers."
    }
  }
}
