# FP Markets — MT4 Australia research scope · First Prudential Markets Pty Ltd. Documentation reviewed. Reference page: /demo-accounts/fp-markets-mt4-au.html 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. ## Research checked 2026-10-12 ## Testing status Not tested ## Recorded virtual amount 100000 ## Recorded currency Requires Verification ## Virtual funds 100,000 advertised ## Balance qualifications General FAQ amount; currency and platform-specific starting balance unconfirmed. ## Expiry category inactivity ## Expiry rule 30 days inactive ## Expiry qualifications ## Evidence category Documentation reviewed ## Signup requirements Personal details; no documents ## Notes and remaining checks Amount is general FAQ; platform-specific initial funding unconfirmed. ## Record ID fp-markets-mt4-au ## Broker FP Markets ## Legal entity First Prudential Markets Pty Ltd ## Research region codes - AU ## Research region code AU ## Research region Australia ## Research scope Australia ## Platform code mt4 ## Platform MT4 ## Documented terms No swaps; liquidity constraints may differ ## Balance reset or adjustment Dashboard balance edit ## Live account or deposit Demo-first route; no live funding stated ## Devices Not stated for demo ## Forex coverage Forex ## Eligibility and regional limits Australian site excludes US, EEA, Japan, New Zealand residents and other prohibited jurisdictions. ## What the evidence establishes Official broker documentation; signup and trading not tested. ## Supporting sources - [FP Markets Australia trading FAQ]() — source ID: fp-markets-1 - [FP Markets Australian demo registration]() — source ID: fp-markets-2 ## Official information source [FP Markets Australia trading FAQ]() ## Entity and regulatory research ### Evidence status Verified ### Legal 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. ### Supporting sources - [ASIC Professional Registers — FIRST PRUDENTIAL MARKETS PTY LTD]() — source ID: fp-markets-reg-1 ## Official entry route ### Route type portal ### Notes and remaining checks Demo registration portal; select your platform. ### Evidence status Official entry route ### URL https://portal.fpmarkets.com/demo/register ### Route source https://portal.fpmarkets.com/demo/register ### Research checked 2026-10-13 ### Testing status Not tested ## Execution and demo realism ### Scope First Prudential Markets Pty Ltd · AU · cTrader, MT4, MT5, TradingView. Public documentation; no account or execution tests. ### Testing status Not tested ### Contractual role #### Finding Principal #### Evidence status Documented #### Notes and remaining checks 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. #### Supporting sources - [FP Markets Australian Retail Client Account Terms]() — source ID: ex-b-fp-terms #### Research checked 2026-10-13 ### Execution arrangement #### Finding ECN pricing / no dealing desk #### Evidence status Broker-reported #### Notes and remaining checks Australian FAQ describes no-dealing-desk ECN pricing from liquidity providers. This marketing description does not change the contractual principal role. #### Supporting sources - [FP Markets Australia trading FAQ]() — source ID: ex-b-fp-faq #### Research checked 2026-10-13 ### Demo realism #### Finding Liquidity constraints and swaps differ #### Evidence status Documented #### Notes and remaining checks General Australian demo disclosure: virtual funds, possible omission of live liquidity constraints, and no swap charges. Not a separate test of each platform. #### Supporting sources - [FP Markets Australia trading FAQ]() — source ID: ex-b-fp-faq #### Research checked 2026-10-13 ### Research review #### Research checked 2026-10-13 #### Review outcome Reviewed official documentation: role Principal; arrangement ECN pricing / no dealing desk; demo Liquidity constraints and swaps differ. No accounts opened or tested. #### Remaining checks - Verify slippage, rejection, margin-closeout and commission treatment separately on each demo platform. ## Demo markets ### Scope First Prudential Markets Pty Ltd · Australia · MT4. Market coverage not yet reviewed. ### Testing status Not tested ### Forex CFDs #### Evidence status Requires Verification #### Notes and remaining checks Forex CFD demo access has not been established for this entity and platform. #### Supporting sources No supporting source recorded for this field. #### Research checked Requires Verification ### Cryptocurrency CFDs #### Evidence status Requires Verification #### Notes and remaining checks Cryptocurrency CFD demo access has not been established for this entity and platform. #### Supporting sources No supporting source recorded for this field. #### Research checked Requires Verification ## API access ### Evidence status Requires Verification ### Type Requires Verification ### Access route Not established for this offering ### Notes and remaining checks 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. ### Supporting sources No supporting source recorded for this field. ### Official documentation No supporting source recorded for this field. ### Research checked Requires Verification ### Testing status Not tested ## Official sources ### FP Markets Australia trading FAQ Source ID: ex-b-fp-faq https://www.fpmarkets.com/en-au/education/faq/ #### Source owner Broker #### Research checked 2026-10-13 #### Source locator What is your execution model?; Are there any differences between demo and live accounts? #### Source access note Opened official page or PDF; documentation review only ### FP Markets Australian Retail Client Account Terms Source ID: ex-b-fp-terms https://www.fpmarkets.com/wp-content/themes/fptheme/assets/pdf/2-2-FP-Markets-Account-Terms-and-Conditions-Accepted-changes.pdf #### Source owner Broker #### Research checked 2026-10-13 #### Source locator CFD schedule clause 4.1, PDF p42; current Australian legal hub link #### Source access note Opened official page or PDF; documentation review only ### FP Markets Australia trading FAQ Source ID: fp-markets-1 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 Australian demo registration Source ID: fp-markets-2 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 ### ASIC Professional Registers — FIRST PRUDENTIAL MARKETS PTY LTD Source ID: fp-markets-reg-1 https://service.asic.gov.au/search/EntityDetail?LicenceNumber=286354&PermissionType=Australian%20financial%20services%20licensees&licenceName=FIRST%20PRUDENTIAL%20MARKETS%20PTY%20LTD #### Evidence category 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 #### Source 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.