FP Markets Brunei Review 2026

FP Markets Brunei Review: Low ECN Cost Audit

FP Markets is an Australian broker founded in 2005. They are regulated by ASIC and CySEC, and have won multiple awards for their ECN execution.

For Brunei traders looking for ECN pricing on MetaTrader and cTrader, FP Markets is a solid competitor. They boast raw pricing sourced from institutional liquidity providers, but does their pricing hold up under volatile conditions? Let's check the numbers.

Regulatory Safety and Offshore Onboarding

FP Markets holds a premium ASIC license in Australia. However, Bruneian residents are registered under First Prong Limited, regulated by the CySEC (Cyprus), or their offshore entity in St. Vincent and the Grenadines.

While ASIC regulation is a strong indicator of corporate credibility, the offshore entity provides no local safety nets. BDCB in Brunei does not regulate FP Markets.

ECN Spreads & Commission Rates

FP Markets offers two primary accounts: Standard and Raw.

On standard accounts, spreads average 1.1 pips with no commission. On Raw accounts, spreads start at 0.0 pips, with a low commission of $3.00 per side ($6.00 round turn).

A $6.00 round turn commission is cheaper than XM, Exness, or FxPro ($7.00). Over thousands of trades, this $1 savings per lot adds up.

Deposits & Cashier Options in Brunei

The minimum deposit is $100 USD (approximately B$135).

Bruneian traders can fund accounts using credit cards, Neteller, Skrill, or cryptocurrency (USDT). Crypto withdrawals are processed within 24 hours. There are no inactivity fees, which is a massive plus.

Sajid's Verdict on FP Markets

FP Markets is an excellent broker for ECN trading. The low $6.00 round turn commission and zero inactivity fees make it highly cost-effective. Use the Raw ECN account on cTrader or MetaTrader.