Head to head
CPT Markets vs FP Markets
CPT Markets is licensed by FSCA in South Africa and UAE CMA in the United Arab Emirates, and also has an offshore registration. FP Markets is licensed by ASIC in Australia, CySEC in the European Union and CMA in Kenya, and also has an offshore registration. The licence that applies to you depends on where you live, so check which company you would contract with before comparing anything else.
Minimum deposits start at $500 at CPT Markets and $100 at FP Markets. Only FP Markets offers negative balance protection. Both offer segregated client money.
Facts last checked: CPT Markets on 20 October 2026, FP Markets on 20 October 2026.
Monthly cost uses the account chosen in each slot: cost per lot × your lots. Swap and other fees are extra. The lowest monthly cost is highlighted only as a fact about cost, not as a recommendation.
Broker
Comparing
CPT MarketsSouth Africa
FP MarketsRaw account · Australia
Overview
Founded
Not yet checked
2005
Headquarters
Not yet checked
Sydney, Australia
Official websites
- cptmarkets.com
- cptfx.com
- fpmarkets.com
- fpmarkets.eu
- fpmarkets.co.ke
Facts last checked
20 October 2026
20 October 2026
Regulation and protection
Company you would contract with
CPT Markets (PTY) Ltd
First Prudential Markets Pty Ltd
Regulation level
Regulated
Strictly regulated
Clients this company serves
South African residents, through the South African website and terms
Australian residents
All licences held
- FSCA (South Africa)
- Belize FSC (Belize (international clients))
- UAE CMA (United Arab Emirates)
- ASIC (Australia)
- CySEC (European Union)
- CMA (Kenya)
- FSA Seychelles (Seychelles)
None
ICF up to €20,000 (Cyprus company); none for the Australian, Seychelles or Saint Lucia companies
Costs
Your monthly cost
No accounts listed
$79$7.9 per lot × 10 lots
Typical GBP/USD spread
Not yet checked
0.5 pips
Typical USD/JPY spread
Not yet checked
0.6 pips
Typical XAU/USD spread
Not yet checked
10 cents
Leverage and margin
Up to 1:1000
1:30 on major pairs (Australia, EU); up to 1:500 at the international companies
Retail leverage by asset class
- All accounts: Up to 1:1000
- Major currency pairs (Australia: 1:30
- Currency pairs (international companies): up to 1:500
Stop-out level
Not yet checked
Not yet checked
Account
Minimum deposit (this account)
No accounts listed
$100
No accounts listed
Raw spread plus US$3 commission per lot each way (MT4, MT5, cTrader, TradingView)
Platforms and features
Platforms
- MetaTrader 4
- MetaTrader 5
- CPT app
- CPT desktop platform
- Copy trading
- MAM
- MetaTrader 4
- MetaTrader 5
- cTrader
- TradingView
- WebTrader
Markets
Forex, indices, metals, energies, commodities, futures, stocks and crypto CFDs
70+ currency pairs, metals, indices, commodities, share CFDs and crypto CFDs
Copy trading
Yes
Not yet checked
Expert advisors (automated trading)
Yes
Yes
News trading allowed
Not yet checked
Not yet checked
Guaranteed stops
Not yet checked
Not yet checked
Deposits and withdrawals
Deposit methods
Not yet checked
- Bank wire
- Visa
- Mastercard
- Skrill
- Neteller
- Crypto
- Broker-to-broker transfer
Withdrawal fee
Not yet checked
Not yet checked
Inactivity fee
Not yet checked
Not yet checked
Support
Customer support
Not yet checked
Not yet checked
Our notes
Strengths
- CPT Markets (PTY) Ltd is authorised by the FSCA (FSP 45954), confirmed on the FSCA register
- CPT Markets Limited is listed as active on the Belize FSC register, for trading and arranging transactions in securities
- Says client funds are fully segregated
- MetaTrader 4 and 5 plus its own app, copy trading and MAM accounts
- Licensed by ASIC and CySEC, with retail client money held separately from company funds
- Publishes average spreads per account (EUR/USD 1.29 pips Standard, 0.19 pips Raw)
- Wide platform choice, including cTrader and TradingView
Watch out for
- Clients outside South Africa are likely to sign with the Belize company, which holds an offshore licence
- The UAE company is licensed only for introduction and promotion, not for dealing
- Its risk warning says you can lose more than your deposit; we found no negative balance protection policy
- No minimum deposit, typical spread or commission rate is published for the Classic or ECN accounts; the Prime account starts at USD 500
- The international website is operated by FP Markets Ltd, a Saint Lucia company (registration 2025-00853) that holds no financial licence; check which company your client agreement names.
- International clients may be placed with the Seychelles company (offshore tier), with leverage up to 1:500 and no compensation scheme
- Says FP Markets (Pty) Ltd is an FSCA-authorised financial services provider (FSP 50926); we could not confirm it on the FSCA register on 2026-10-20 because the register could not be reached.
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Risk warnings
The buttons to a broker’s website above the table are partner links: we may earn a commission if you open an account through them. That never changes the facts shown here. Trading leveraged products such as forex and CFDs carries a high risk of losing money rapidly, and most retail accounts lose money. Each broker’s own warning:
- CPT Markets: The FX and CFD contracts on our online facility are traded on a margin or leverage basis, a type of trading that carries a high degree of risk to your capital. The price of the contract you make with us may change quickly, and your profits and losses may be more than your initial investment or deposit. If you do not hold sufficient funds to meet your margin requirements, we may close your open positions immediately and without notice. It is possible to lose more than your initial deposit. Trading these products is not suitable for all investors. Make sure that you understand and accept the risks before trading on a margin or leverage basis and can sustain potential losses.
- FP Markets: Derivative products are highly leveraged, carry a high level of risk and may not be appropriate for all investors. The legal documents should be considered before entering into transactions with us.
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- Exness vs FP Markets
- FIBO Group vs FP Markets
- FP Markets vs FXCM
- FP Markets vs FxPro
- FP Markets vs HYCM
- FP Markets vs IC Markets
- FP Markets vs IFC Markets
- FP Markets vs IG
- FP Markets vs Interactive Brokers
- FP Markets vs Inveslo
- FP Markets vs Investizo
- FP Markets vs ITBFX
- FP Markets vs LiteFinance (LiteForex)
- FP Markets vs Markets4you
- FP Markets vs OANDA
- FP Markets vs OneRoyal
- FP Markets vs Opofinance
- FP Markets vs Orbex
- FP Markets vs Pepperstone
- FP Markets vs Plus500
- FP Markets vs Saxo
- FP Markets vs STB Provider
- FP Markets vs Swissquote
- FP Markets vs ThinkMarkets
- FP Markets vs Tickmill
- FP Markets vs Trendo
- FP Markets vs Vittaverse
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Cost per lot is the typical EUR/USD spread in busy hours × $10, plus any round-turn commission, for one standard lot. “Not yet checked” means we have not confirmed that fact yet. This page compares facts; it does not rank the brokers or recommend either. Confirm costs and licences on each broker’s site and the regulator’s public register before opening an account: see how we review brokers and check a broker yourself.
Nothing on this page is financial advice. Read the full disclaimer.